Henry is starting a t shirt printing business and plans on selling each shirt for $30
. He has calculated that it will cost him $10 to purchase each blank shirt, $5 for ink and materials, and $5 for labor. This means that the total cost per shirt is $20.
Henry plans to make a profit of $10 per shirt, as he will be selling each shirt for $30. This profit margin will help cover any other expenses he may have, such as rent for a storefront, advertising, and other business costs.
In order to be successful, Henry will need to sell a minimum of 100 shirts to cover his initial costs and start making a profit. As his business grows, he can adjust his pricing and marketing strategy to increase sales and make more profit.
Overall, Henry's t shirt printing business has the potential to be lucrative, as long as he manages his costs and sells enough shirts to make a profit. Good luck to Henry on his new business venture!