Accounts

This is how the MediaMe accounts look so far...

Outgoings

500 copies from newspaperclub £500 inc VAT
postage for first three orders £11.40

Income

advert Junction £350
advert Lincoln £100
advert OCR £100

Guernsey 20 copies £10
Reigate 120 copies £60
Islington 40 copies £20
Netherhall 30 copies £15

free samples and copies for group members, moderator etc (50 copies - £25 off profit)

still to sell 240 copies

With all of this information taken into account, we have already made £115 profit and still have 240 papers to sell, i am very confident that we will sell these copies with in the next week. 240 copies will be a further £120 making our total profit about £220 once postage has been taken off.

I am very impressed with myself and Alex for securing the adverts and making so much money on this project. This was the first time we have ever done anything like this and it has gone very successfully. At the start we were told that the printing was going to cost £500 and that we had to find a way of paying for it ALL our selves. we thought this was going to be hugely difficult but it has turned out really well.