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Financial Plan
The following sections lay out the details of our financial plan for the two three years.
Start-up Funding
This business plan is prepared to obtain financing in the amount of P100,000 .The supplemental financing
is required to begin work on site preparation and modifications, equipment purchases, and to cover
expenses in the first year of operations. This amount is planned to be repaid by 50,000 each year by two
years.
Owners’ investments has already been secured as follows:
1. P20,000 of personal savings from owner Kealeboga Thobolo.
2. P20,000 from the second partner,Keletso.
3.P20,000 from Kuatji
4.P20,000 from Irene Molefhi
5.P20,000 from Florence Rankhudu.
6.P20,000 from Kagiso
7.P20,000 from Kandivirua
8.P20,000 from the other lady
9. P25,900 in the form of short-term bank loans.
Pula
Start-up Expenses to Fund
Start-up Assets to Fund
Total Funding Required
Assets
Inventory
Cash Balance
Total Assets
Liabilities
Short Term Bank Loans
Funds Needed to Raise
Total Liabilities
Capital
Kealeboga Thobolo
Keletso
Kuatji
Irene Molefhi
Florence Rankhudu
Kagiso
Kandi
The new lady
Total Planned Investment
Projected Profit and Loss
22,900
60,000
82,900
20,000
185,000
205,000
25,900
50,000
75,900
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
160,000
The Profit & Loss Account (P&L) is a report of the company's profit on the sale of their goods or the provision of their
service over a trading period, normally one year.
Payroll Expense: The partners of Safari Interneti Café, Kealeboga Thobolo,Keletso,Irene Molefi,
Florence Rankhudu ,Kagiso, Kandi, kuatji, will receive a salary of P240,000 in year one, P264,000 in year
two,Safari internet Café intends to hire six part-time employees in year one at P55/hour and a full-time
technician at P100/hour.
Rent Expense: Safari Internet Café is leasing a 100m2 at P500/month for a total of 24 months. At the
end of the two years, the lease is open for negotiations and safari Internet Café may or may not re-sign
the lease depending on the demands of our services.
Utilities Expense: As stated in the contract, the cafe is responsible for the payment of utilities including
gas, garbage disposal, and real estate taxes. The most common expenses that safari internet Café must
pay are electricity and the phone bill generated by fifteen phone lines; thirteen will be dedicated to
broadband and two for business purposes.
Marketing Expense: Safari Internet Café will allocate P50,500 for promotional expenses over the first
year. This amount will be used for advertising in magazines,daily newspapers and posters in order to
build consumer awareness.
Insurance Expense: Safari internet Café has allocated P200 for insurance for the first year. As revenue
increases in the second of business, Safari internet Café intends to invest more money for additional
insurance coverage.
Sales
Less:Cost of Sales
Opening Stock
Pruchases
Less:Closing Stock
Gross Profit
Less: expenses
Rent
Insurance
Electricity
Telephone
Stationery
Postage
Bank charge
Advertising
NET PROFIT
2009
PULA
50,000
20,000
50,000
30,000
500
200
150
250
500
100
150
450
Projected Cash Flow
2010
PULA
75000
5000
30,000
20,000
10,000
40,000
10,000
2300
7700
500
200
150
250
500
150
15
450
70,000
40,000
30,000
2215
27,785
CASH BUDGET
JANUARY
FEBRUARY
MARCH
Sales Reciepts
Capital
TOTAL RECIEPTS
30,000
100,000
130,000
30,000
40,000
30,000
40,000
PAYMENTS
Purchases
Fixed assets
Rent/Rates
Insurance
Electricity
Telephone
Stationery
Postage
Bank charges
Advertising
TOTAL PAYMENTS
50,000
45,000
500
200
150
250
500
100
150
450
17,500
52,500
500
200
150
250
500
100
17,500
450
450
RECIEPTS
CASH FLOW FOR
MONTH
BANK BALANCE
B/F
BANK BALABCE
C/F
Projected Balance Sheet
500
200
150
250
500
100
Fixed Assets
Cash
Total Current Assets
Total Assets
Long-term Liabilities
Total Liabilities
Net Assets
Paid-in Capital
Retained Earnings
Net Worth