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Read through two of your peer's papers(the paper is about list out all the expenses that your business is likely to incur as it starts out (both startup costs and operational costs); as well as your expectations of how much the business will generate in terms of revenue.)
1. Are the sales/revenue estimates based on the number of customers expected and the amount that a customer would pay, conservative? What would be more realistic?
2. Are startup expenses comprehensive? What other expenses could they expect even before the business opens its door?
3. Are the operating expenses comprehensive? What other expenses could they expect even before the business opens its door?
4. Is there a clear account of the assumptions made in arriving at the estimates?
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