Английский язык: Аннотирование и реферирование текста

34 The need of capital necessary for the implementation of your business idea. This should be determined on the basis of a list of all forthcoming investments. For this purpose the following steps are un- dertaken: • Determination of the needs of funds for your business idea re- alization. • The size of the necessary borrowed capital (e.g. credit) on case of necessity to receive a credit. • Plan of repayment of the loan. • Determination of the costs connected with the production of the new products. • Products price. • Sales volume projection. • Incomes from sales. • Expected profits from the project. After calculating the necessary capital for the business project realization it is necessary to estimate your potentialities to finance it with your own capital. In case your own capital is not enough, it is nec- essary to discuss the possibilities to attract additional capital and to de- termine its amount. The forecast of the incomes requires the calculation of the manu- factured and realized production as well as the determination of the selling prices of the production. The bases for price determination are the forecasted production expenses, i.e. the prime cost of production. The difference between the incomes from sales and the production ex- penses determine the profits. Many entrepreneurs think that their ex- penses are lower but in fact this is not true and they meet with difficul- ties in business. The correctly determined market price allows to withstand the competition and to receive profit, which is necessary for maintaining of profitable business.