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    Alyssa Hermoso
    The document outlines the financial plan for a food business over two years. In year 1, the business expects to sell dumplings and patties, generating $2.3 million in sales. In year 2, sales of the same products are projected to increase to $2.8 million. The total projected costs for the first year include $40,660 for fixed assets and equipment, $1.9 million for working capital like inventories and labor, and $2,865 for legal requirements, totaling nearly $2 million. Key expenses include rental space, raw materials, packaging supplies, and salaries for two employees.

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    Untitled

    Uploaded by

    Alyssa Hermoso
    10 views4 pages
    The document outlines the financial plan for a food business over two years. In year 1, the business expects to sell dumplings and patties, generating $2.3 million in sales. In year 2, sales of the same products are projected to increase to $2.8 million. The total projected costs for the first year include $40,660 for fixed assets and equipment, $1.9 million for working capital like inventories and labor, and $2,865 for legal requirements, totaling nearly $2 million. Key expenses include rental space, raw materials, packaging supplies, and salaries for two employees.

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    The document outlines the financial plan for a food business over two years. In year 1, the business expects to sell dumplings and patties, generating $2.3 million in sales. In year 2, sales of the same products are projected to increase to $2.8 million. The total projected costs for the first year include $40,660 for fixed assets and equipment, $1.9 million for working capital like inventories and labor, and $2,865 for legal requirements, totaling nearly $2 million. Key expenses include rental space, raw materials, packaging supplies, and salaries for two employees.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    10 views4 pages

    Untitled

    Uploaded by

    Alyssa Hermoso
    The document outlines the financial plan for a food business over two years. In year 1, the business expects to sell dumplings and patties, generating $2.3 million in sales. In year 2, sales of the same products are projected to increase to $2.8 million. The total projected costs for the first year include $40,660 for fixed assets and equipment, $1.9 million for working capital like inventories and labor, and $2,865 for legal requirements, totaling nearly $2 million. Key expenses include rental space, raw materials, packaging supplies, and salaries for two employees.

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    of 4

    X.

    FINANCIAL PLAN DATA

    YEAR 1

    PRODUCT NUMBER OF PRODUCT SOLD UNIT PRICE YEARLY


    SELLING DAYS PER DAYS/ PCS PER PCS SALES
    (1 year)
    Dumplings 288 250 PCS 7.00 504,000.00
    Patties 288 250 PCS 25.00 1,800,000.00

    TOTAL 2,304,000.00

    YEAR 2

    PRODUCT NUMBER OF PRODUCT SOLD UNIT PRICE PER YEARLY SALES


    SELLING DAYS (1 PER DAYS/ PCS PCS
    year)
    Dumplings 288 300 PCS 7.00 604,800.00
    Patties 288 300 PCS 25.00 2,160,000.00

    TOTAL 2,764,800.00

    TOTAL PROJECTED COST AND ASSUMPTIONS:

    NONCURRENT ASSETS AMOUNT TOTAL


    Fixed Assets 34,000.00
    Equipment 6,660.00
    40,660.00

    WORKING CAPITAL
    Inventories 1,361,515.00
    Direct Labor 247,680.00
    Supplies 288,000.00
    1,897,195.00
    OVERHEAD EXPENSE
    Advertising Expenses

    PRE-OPERATING EXPENSES
    Legal Requirements 2,865.00 2,865.00

    TOTAL PROJECTED COST (1 1,940,720.00


    YEAR)
    A. FIXED ASSETS

    UNIT COST/PER MONTH TOTAL


    Rental Space 2,000.00 (Depends on 24,000.00
    location per month)
    Food Stall 10,000.00 10,000.00
    TOTAL 34,000.00

    B. EQUIPMENT

    EQUIPMENT NEEDED QUANTITY UNIT COST TOTAL COST


    Cutting Board 2 150.00 300.00
    Spatula 2 70.00 140.00
    Knife 2 100.00 200.00
    Box Cooler 1 2,000.00 2,000.00
    Gas Tank 1 2,000.00 2,000.00
    Grill Pan 1 1,000.00 1,000.00
    Stove 1 1,500.00 1,000.00
    TOTAL 6,660.00
    C. INVENTORIES

    1 DAY ASSUMPTION
    RAW MATERIALS QUANTITY COST PER UNIT/KILO TOTAL COST
    Molo Wrapper 10 packs 40.00 400.00
    Carrots 5 kl 80.00 400.00
    Taro Root 5 kl 80.00 400.00
    Squash 5 kl 80.00 400.00
    Spring Onions 10 kl 30.00 300.00
    Egg 1 tray 130.00 130.00
    Flour 3 kl 45.00 135.00
    Onion 1 kl 80.00 80.00
    Garlic 1 kl 50.00 50.00
    Pepper 1 kl 100.00 100.00
    Additives 5 Big Pouch 80.00 400.00
    Tofu 60 pcs 25.00 1,500.00

    TOTAL 4,295.00
    1,361,515.00
    D. DIRECT LABOR

    MANPOWER SALARY (FIXED


    REQUIRED SALARY PER
    MONTH MIN
    WAGE FOR
    ADMIN
    EMPLOYEE
    PROVINCIAL RATE
    500)
    1 individual 144,000.00
    SALARY (FIXED
    SALARY PER
    MONTH MIN
    WAGE FOR SKILLED
    WORKER
    PROVINCIAL RATE
    P 360.00)
    1 individual 103,680.00

    TOTAL 144,000.00 103,680.00 247,680.00

    E. SUPPLIES
    PER MONTH

    PACKAGING SUPPLIES QUANTITY COST PER PCS TOTAL COST


    Paper Bag 6,000.00 2.00 12,000.00
    Styro 6,000.00 2.00 12,000.00

    TOTAL 24,000.00

    F. ADVERTISING EXPENSE

    ADVERTISING TOOLS Expected Cost


    Social media platform
    TOTAL

    G. LEGAL REQUIREMENTS

    LEGAL REQUIREMENTS COST


    Business Name Registration 500.00
    Barangay Clearance 100.00
    Mayor’s Permit 350.00
    Occupancy Permit 300.00
    Inspection Fee 400.00
    Sanitary Permit 200.00
    TIN 500.00
    NBI Clearance 165.00
    BIR 350.00
    TOTAL PRE-OPERATING COST 2,865.00

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