Write a letter to the bank requesting a loan to start a business based on one of the ideas above or your own business idea. You will use the Planning a Business graphic organizer before completing your letter. Complete and submit the organizer here. You will need to: Describe and calculate all estimated expenses and decide if they are fixed or variable expenses.
Describe and calculate income.
Describe and calculate how you make a profit (or loss).
Describe how many months you plan to take to re-pay the loan.