TeleMedTech: Budgeting for Health Revolution

Revenue: 

Occupancy Rates: Assuming an average occupancy rate of 50% (which can vary depending on location and season), with 10 rooms, each priced at 2,500 INR per night:
   - Monthly Revenue = 10 rooms * 15 nights * 2,500 INR = 375,000 INR
   - Annual Revenue = 375,000 INR * 12 months = 4,500,000 INR 

Expenses: 

Operating Costs: This includes salaries, utilities, maintenance, and other operational expenses. For a boutique hotel, this can vary widely, but let's assume an annual cost of 2,000,000 INR. 
Marketing Costs: It's essential to promote your hotel. Allocate around 100,000 INR for marketing efforts, including online ads and local promotions. 
Renovation and Furnishing: If you're starting from scratch or renovating an existing property, budgeting for this can be significant. For a small boutique hotel, it might be around 1,000,000 INR. 
Taxes and Licensing: Budget a portion for local taxes, licenses, and permits. This can vary greatly based on your location and the size of the hotel. Allocate around 200,000 INR. 
Contingency Fund: Set aside some money for unexpected expenses, around 50,000 INR. 

Total Expenses: 

Operating Costs: 2,000,000 INR
Marketing Costs: 100,000 INR
Renovation/Furnishing: 1,000,000 INR
Taxes/Licensing: 200,000 INR
Contingency Fund: 50,000 INR
Total Expenses: 3,350,000 INR 

Projected Profit: 

Revenue: 4,500,000 INR
Expenses: 3,350,000 INR
Projected Profit: 4,500,000 INR 
3,350,000 INR 
= 1,150,000 INR