Create a financial analyst document speaking to what it would take to create a b

Question

Create a financial analyst document speaking to what it would take to create a business within Vietnam. This business will produce pillows to be sold within the USA. Each pillow cost $15 to create. They will be sold at $30 apiece. You are able to produce 1000 pillows per month. Consider financial aspects such as the timing of payments, collecting payment from overseas customers, types of payment systems, alternative forms of payment. Also create a graph showing cash burn rate, point of first cash flow positive, max financing needs, and point of cash breakeven. Make assumptions where need be. Your document should be between 250 – 400 words.

Explanation / Answer

A payment system is used for financial transactions through the transfer of monetary value; this includes the people, rules, technology, standards, and instruments. Generally the common type of payment system is operational network, bank accounts and provides monetary exchange.

To make money in industry, need to client to pay. Payment is expected at the time of service. Is common in industry, if not collecting payments at the time of standard practice, continue to spend more time chasing bills.

Types of payment system:

A payment system is that facililates transfer of value between payer and beneficiary. Payment systems are the medium to transfer funds from one person to another. Payment system helps consumer to transfer funds to each other.

Types:

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