Start-up Costs: LLP registration, Product samples, Product photography
Fixed Costs: Website hosting, Email hosting, Marketing (Digital, Influencer marketing, print collaterals & Photography for content)
Variable Costs: Product, Packaging, Delivery
Different levels of sales projection
High
Moderate
Low
Direct sales model
Selling Price: 39 SGD/ set
3 months of sales
High initial cost
No foreseeable cash flow problems
3 months of gross profit
Breakeven in 6 months with a slight profit
Revenue would be reinvested if the demand seems promising
Approaching investors that are prominent in similar industries
Apply for appropriate grants