ok so i have this project where you have to make a travel agency thing, and write up all your costs. like for everything that will cost you in order to start up your buisness. i also have to be very detailed and mention everything, i will need to pay ofr.
i already have things like:
construction of building
desks
lamps
chairs
telephone
internet/cable
insurance
coffee maker ( i know seems stupid but he wants us to be SOOOOO DETAILED)
computers
toilets/sinks for the bathrooms
but i dont know what else to include???? give me some ideas please of what i could include that i will need to spend money on, in order to start up my travel agency???? and nothing like: pencil, pen, eraser!!!
thnx sooo much for all the ansrs so far, and i forgot to put on the list that i did have salary for employees, and heating and water and cooling stuff. btw this isnt real. its just a project im doing for my high school accounting class, im in grae 10 so i really wont be building this travel agency in real life!!!! just making sure you guys know that this is all pretend!!!
Tags: Accounting Class, Ansrs, Chairs, Salary, Stuff
I dont know if your teacher said not to do this but one of the more important ones is paying your employees? How about advertisements for your company. Or since its a traveling agency a projector and screen to present the location they will be traveling to. SOrry thats all i can think of
Taxes, employment costs, flooring, heater or A/C, etc.
Just a few ideas I thought of. Good luck.
What about the heating and cooling of the building, hot water, cleaning staff, cameras, alarm system..
Hope I helped you out a little!
Toilets, sinks will already be included in build out of space. Interior build out, not construction of building unless you are buying a bldg. First:
attorney fees for setting up business..llc, corp, sole. State city licensing. Accountant fees for setting up books. Software. Signage. Advertising. these are just a few to add to your list.
You could include things like a printer, paper, pens, pencils, pamphlets (of destination), flyer’s for advertising. If he wants you to be detailed include paper cups for coffee, grounds, filters. Maybe a waiting area: magazines for potential customers, or travel brochures. A lot of companies are online nowadays, maybe the cost of putting together a website for your business. (A sign painter – Hey you need your Company name on the door right?)
Advertisement, employees, and decoration
I think your presentation will be better received if you categorize your list first (i.e. Fixed Assets (Building, Land), Financing (Cost of Loans)Office Equipment Supplies (Computers, Off Furn., Phones).
I think you would also simplify and make it easier on yourself to recognize, most travel agencies don’t build their office digs, they simply move in and have a lease. Their lease contract contains maintenance and repair of any office fixtures, HVAC, etc. However, their building (other tenants) LOCATION is a strategic choice that can make or break their business.
Payroll (which includes FICO Unemployment) is a biggie I don’t see in your list. Also, ADVERTISING seems to be missing as well. To have an affective site on the internet, you need to be paying for an audience to the search engines, not to mention, magazines, newspaper ads, etc.
Well you’ll have to take the expanses for remodeling ur building which wld be alot, the ur heating/cooling expanses, plumbing if u have a bathroom, ull need a few computers, employes/paychecks, uhhh advertising, rent,insurance, all the stuff inside ur building like desks, couches , lamps etc. maybe get like a lounge room in the back for ur workers so like a coffee machine or tv. Telephone, internet, power bill, pge?? and thts all I can think of. Hope this helped, goodluck
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