Thursday, 12 February 2015

Taking Care of Business: Taking Care of Finances

As co-financial officer part of my job is to research how much things are going to cost (along with Eva) to get a sense of how much money we would need to save to run our business for one year.

Here are the items:

BILLS
Insurance- Cheapest £140 annual (NFO and FC)
More Expensive £651 annual (all benefits)




Electric- £758 annual


Water- £360 annual


Internet- £18.95 p/m

Total: £1485.40 or £1996.40

STUFF FOR THE STUDIO
Fridge- £149

Microwave- £74.99

Furniture:
Chairs x5- £275

Desks x5- £300


Total: £798.99

STUFF TO DO OUR JOBS WITH
Scanner/Printer (A3 minimum)- £331.20 

 Ink Refill Prices- Black £23.99 Colour (individual)£15.59

Stationary:
(However, a trip to bulk buy places may be the better option)
Pens- Pack of 3 Rotary £8.99, Pack of 6 £14.99


Pencils £3.00

Paper A3 £6.99 A4 £1.59


Rubbers- £2.99

Rulers x5- £14.95

Sewing Machine- £98.39

Total: £210.18
(However, bulk buy may be a cheaper option for stationary, will update when prices have been assessed) 


IMPORTANT STUFF
Manufacturing Process (Printing onto products)

(Need to know how many and of what- ring for quote)
Quarmby Colour
Call +44 (0)113 236 3991


Accountant £750 for yearly Performance Reviews (need to ring for quote for compliancy accountancy services)



Storage Space- £10.42 p/w

Total: £1291.84 (without printing quote or full accountancy quote)


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