Entrepreneurship
Visit the Web site for Positiveness, a dating and networking service for the HIV/AIDS community developed by two 21-year-old best friends who wanted to make a difference in the HIV/AIDS community. Visit their site at http://www.positivesdating.com. The pair of entrepreneurs originally borrowed $50,000 from family members to develop their nationwide Web site. For the first four months, the site did not charge for membership to encourage visitors to sign up. Now, a paid membership is on average $14.95 per month. The company sold $600,000 in revenue from this venture in the last six months of 2012 and estimated they would make $1,100,000 in revenues in 2012. What process would these two undertake to lay out a 2013 cash budget for the company?