We have cash to burn...or do we?

[Kdabr]

Thanks for all of the advice, guys

While we do not necessarily predict financial issues year to year, we will definitely consider saving this money for incidentals rather than snazzy new CNC gadgetry. We already own a top-notch bandsaw, as well as a pretty decent drill press and micro-mill. We have a pretty nice little shop

Thanks to overzealous fundraising for BEST, we have quite a bit of cash saved up, although we certainly would rather keep it saved than blow it on nonsense.
The reason I created this thread was just to make sure that we weren't seriously lacking in anything (besides experience ). The first year that we did BEST, our shop was little more than a closet in a section of the school that probably still had asbestos in it. We were seriously restricted by our lack of any real power tools besides a cordless drill. I just want to make sure that we are not grossly underequipped.

Thanks for convincing me and my team-mates not to go out and play "keeping up with the jones's"



Oh, also-

Regarding this whole business plan thing, how necessary is this if we already will most likely get our FRC entry fees paid for by JC Penney and if our school throws another 5k at us?