Week 7: Costs/Finances

List of costs:

website design $1000-10000 --> upper end includes coding and tools for data entry

(website coding)

website domain $25-50 per year

data collection/research - full time: approx $40k-50k per annum, senior $45k-$55k per annum

data entry, same

data analyst: average $53k per annum

office space: approx $2000-3000 per months for space for 10 people

office equipment (setup): computers/ chairs/ tables/ printer

computers approx $1500 per person, plus shared printer/copying machine $2000

stationary/cleaning products/coffee: approx $450 per month

internet/ phones approx $80 per person per month plus additional setup $1000 per person

--> needs to be differentiated:

1. start-up costs:

website/domain setup
start up content
office setup

financing:

government grant
crowd funding
setup fund through consumer nz to be a sub company

2. running costs:

office
overhead
employee pay

financing:

businesses who want their products on our page
certification providers who want to be linked to our page

(Konstanze Lehmann)

Comments

Week 8: Practice Pitch Feedback

Scalability: MVP = minimal viable product --> how many products need to be sold to make it viable? What is the proof for that? Risks for investors? Scaling to the lowest possible risk. How do we know that it would be successful? Add detailed cost sheet again Visual example(s) for marketing campaign What are we asking for from whom? --> Business Mentorship? --> Government department: Ministry of Business, Innovation and Employment --> Partnership with Consumer NZ (email Paul Smith) Who are we pitching ourselves as? What are we bringing to the project? What are our roles? - Konstanze - Annelies

Week 6: Logo/Icon Designs

Jamie Cai Icons: Xiaohong Zhang (Sally)

Creative Futures; Sustainable Rating

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