These are the company costs simplified down into a table to it is easier to understand. We hit a huge wall today as we realised we were not going to be making back what we thought we would. After a big debate we came to conclusion to not get a studio but to work from home for the first year to cut the costs down and make more of a profit. The expenses have been brought right down as we are working from home, however this still leaves us with a small profit. After we discussed this we agreed that if it were a real business the first year would just be getting out foot in the door and establishing ourselves with a fan base enough to make consistent money. After that we would consider taking the next step and actually renting a studio to develop our business further. From the total profit we would each receive £5,570, this depends entirely on how many we sell, how successful we get and if certain designs sell more than others. We decided that because the profit is such a small amount the first year we would have to get other jobs to be able to pay for living.