Since Starbucks has done so well since its inception, you have decided to get into the coffee shop business. It will take some money to get this venture underway.
By your calculations it will take $25,000 in startup money to open the "hut" and it will cost you $0.35 per cup of coffee.
After doing some extensive research, you have found that the going rate for a cup of coffee is $1.25
You need to "decide" how much you will charge for a cup of coffee.
You need to raise the startup money from venture capitalists. Prepare a written report to send out to potential investors detailing why they should invest in your coffee shop. Remember, the investors will want to know when they will see a return on their investment. Include detailed graphs that backup your conclusions.
Analytical Geometry Project
Russell S. Byer 1998
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