Start a new day-care place for children under the age of 5.

Words: 207
Pages: 1
Subject: Family

Using the attached materials detailing the methods needed to complete the tasks below please answer the given prompts:

You are planning to start a new day-care place for children under the age of 5. Before sitting down to figure out the projected revenue, costs and possible profit for the new business, you may need a clear understanding of financial variables pertaining to the day-care business. Please list as many variables as you can that are relevant to that computation. Submit the following —
i. Revenue related variables
ii. Cost related variables
iii. Influence Diagram
iv. Relevant equations describing the relations between the parameters you identified in part (i) and (ii)