Predicting Expenses with SMART Objectives
Gavin Powell · 2023
This chapter is the beginning of the journey where the readers start uncovering and detailing real financial numbers and comparing potential incomes or revenues with expenses—the part that really counts because in long term without finance and ability to acquire financial support of one form or another, and without a solidly detailed well-thought-out plan, they will have difficulty finding financial support to bring their business opportunity into existence. The BDaaSB case study business idea is an online cloud-based service that initially begins as a single founder-employee operation, which as it grows will morph into a business that does not require a large head-count labor force; however, most of labor is highly trained technically, and thus their cost for each individual is relatively high. For the BDaaSB case study, initially this business will be an in-the-basement, one-person prototyping operation that will build a framework for a service, find the best way to implement and provide that service while saving on costs.