I have a small assignment to do which includes:
Cost Model (startup costs, fixed costs, variable costs, and assets costs).
Revenue Model (Revenue channels, revenue stream, and expected sales).
Break-even Analysis (must break-even within a good way the first (2) years).
Financial projections for the next (3) years, including Cash Flows & P/L.
Now I found a reference online that did exactly the above (i think), but for the life of me, I have no idea what any of this means.
Anything that had finances/numbers in the documents I’ve inserted into a a JPG. The the balance sheet + income statement is what I really dont understand at all. Can someone break this down so I can understand this?