In case if planned monitoring will show that investing in our project in Aktau (Kazakhstan) and Krasnodar (the Russian Federation), will not deliver upon our expectations, opening of the Street Food project in Baku is likely to be achieved at lower and justified risks, although monthly expenses in Baku are estimated $25,000 and in Aktau - $ 9,900.
The following table (Table 1) shows all costs calculated in case of opening street food points in Aktau (Kazakhstan):
Table 1
Cost description Amount in USD, $
Transport (air flight tickets) from Baku to Aktau city for 5 people 1,450
Apartment renting for foreign employees 2,000
Workshop rental per year 5,000
Outdoor concession stands
(Pic.7, Pic.8) rental per year 15,000
Equipment and maintenance accessories 19,000
Design and renovation 10,000
Small business tax rate for 3 years FREE
Taxes post 3 years term 1,000
Sanitary measures 1,000
Legal and tax registration of 5 foreign employees per year 5,800
Tax burden 25 % for the 10 local employees, whose salary is $ 300 750
Salary per 1 foreign citizen - $ 2000. 5 foreign employees 10,000
Salary per month for 10 local employees 4,000
Initial procurement of products 5,000
Opening in test mode with further developments 3,000
Marketing (advertising, promotion) per month 2,000
Car purchase for delivery purposes 10,000
Motorcycle purchase for delivery purposes 4,000
Utilities bills (electricity, water, gas) per month 1,000
Total 109,000