AutoCad New Business Plan

Financial Objectives Our first objective is to obtain a small business loan of at least $100,000. We will utilize this money to purchase equipment, advertise, and set up our in-home offices. Our hope is that after two months we will begin to bring in enough money from sales of our AutoCad services to pay our loan payment and any additional expenses that may arise, as well as additional advertising that might be necessary. We also hope …

…attorney on a more permanent basis at that time. Overall, we are budgeting $3,000 for accounting and legal expenses for the first year of business. For advertising we have budgeted $30,000 for the first year. As was detailed previously, the bulk of this advertising money will be spent on Web advertising and magazine print media. As business increases, we may try to run monthly ads in the larger magazines to secure larger clients in more distant areas.