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Congratulations! An investor believes in you and your ideas! Not only are they committed to providing you with a generous investment of $10,000, but they’re also offering you a spacious 20×20 office space to establish your business. Moreover, you can breathe easy knowing that the investor has graciously taken upon themselves the responsibility of covering all utility expenses, including electricity, internet, gas, and water, allowing you to focus solely on your budget without any concern about these overhead costs. To begin, you must first decide on what type of business you would like to open.

1. Download one of the required budget templates below. There is a version for the software Excel (.xlsx), or Numbers (.numbers).  Choose the one that works best for you.

You must complete your budget using the template provided. Submissions in other formats or file types will not be accepted.

In the template, develop a budget for spending the $10,000 investment. Fill in each column for each item: 

  • Business Name
  • Quantity
  • Item
  • Web address link to each specific item
  • Price (each)
  • Total 
  • Paste a picture of the item in the template
  • Customize the document with your studio name and any branding you find appropriate

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