We went through the studio supplies and I worked out the final costings for everything we need for the studio. This was a breakdown that I came up with running parallel with the loans that Yaf has been researching.
We worked out that within our £10,000.00 loan we have -
Supplies
£400 - Pantone Books
£3500.00 - Computers etc
£2240.00 - Software
£6140.00 - Total
Marketing / Online
£389.00 - Advertising Fact Magazine
£52.91 - Website
£441.91 - Total
House / Studio
£6540.00 - Studio
£3380.00 - Housing x4
£20,060.00 - Total
£20,501.91 - Yearly Budget
£6140.00 - One off
£26,641.91 - Total Money Needed
Pay for rent on part time jobs - £65.00 a week
- This can be paid through part time jobs giving us a bit more financial stability
Saves - £13,520.00
£13,121.91
- £6,000.00 - All earn £1500.00 over summer
£10,00.00 - Loan
£2,878.09 - Stability / Spare for supplies
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