You are completing a business plan for your new baking business, and need to demonstrate this month's set up costs to your potential investors.

You are completing a business plan for your new baking business, and need to demonstrate this month's set up costs to your potential investors.

£200 on business cards

£1500 on renting a kitchen space

£500 on a new electric mixer

£150 on travel to meet with customers

£1000 on ingredients

£310 on your website

£100 on other miscellaneous costs

Given the data above, choose a graph to display this data, and give three reasons why you feel this is an appropriate choice.