Thursday 21 January 2016

OUGD502 Taking Care of Business - Costings (Study Task One)

As a group, we all decided upon and researched what each aspect that we would need to create a successful business would cost. We considered the start up costs, the monthly costs and the yearly costs. This doesn't include what we would have to charge or the wages we would be taking from the business. These prices would probably change a fair bit as they are only estimates, and especially would change as the business would be starting up as it would most likely be quite difficult to get work in the beginning without self-promotion/decent marketing.

Start up costs:

Studio deposit: #100 first year
Studio rent: #3000
5x Mac Mini's" #4645
5x Monitors: #600
5x Adobe CC: #3912
A3 Printer/Scanner: #200
Lightbox: #40
Studio stationary: #400
Furniture: #600
WeTransfer Plus: #90
Marketing: #1000
Insurance: #400
Domain Name #20

Total:#15007

Monthly Costs:

Studio rent: #250
Internet & phone: #50
Electricity: #200

Total: #500

Yearly Costs:

WeTransfer Plus: #90
Insurance: #400
Domain name: #20
5x Adobe CC: #3912

Total: #4422

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