Financial Projection
Financial Projection
Use fund
Start-up Expenses First month (RM) First 6 month (RM)
Salary- CEO 1,800 10,800
Salary- 5 Staff 7,500 45,000
Advertising- Newspaper 450 2,700
Advertising- Magazine 800 4,800
Brochure fees 120 720
Promotion- Coupon 6,500 8,500
Promotion- Discount 5,000 7,500
Web site registration and maintenance fee 300 1,800
EPF 1,116 6,696
SOCSO 163 978
Rental 45,000 120,000
Insurance (Company) 250 1,500
Legal fees 200 200
Registration for Business License 150 150
Business License 200 200
Telephone and internet bill 155 930
Electricity and water bill 450 2,700
Petrol expense 320 1,920
Insurance and road tax 1,050 1,050
Office Stationary 80 80
Total investment 71,604 218,224
Sources of Funds
1. CEO’s contribution – RM 50,000
2. Others staff contribution– RM 200,000
3. Subsidies from Government – RM 80,000
Total capital = RM 50,000 + RM 200,000 + RM 80,000
= RM 330,000
The first six month of total expense for UVP is RM 218,224. The detailed information of expenses is listed as follows. Based on this, the capital is set as RM 330, 000. These extra funds are needed for running cash flow and backup of cash.
Assumptions Sheet
Note 1: Sales in year 2011 is a combination of sales that includes Worker Uniform with Hat, Long Sleeve and Long Pant. The calculation of sales is as follows:
• Worker Uniform with Hat: RM 120 X 2500 = RM 300,000
• Long Sleeve: RM 70 X 2000 = RM 140,000
• Long Pant: RM 60 X 1850 = RM 111,000
Note 2: Salary for CEO is RM 1,800 whiles the salary for others staff is RM 1,500. The salary will increase 10% every year as recognition to our employees.
Note 3: UPV spends RM 450 for advertisement on The Star newspaper every month. The advertisement rate is RM 45 per day, therefore, with RM 450 we are able to advertise 10 times between Mondays to Saturdays for each month. Besides, we also spend RM 800 every single time when advertising on the magazine. In addition, UPV are gives out coupon and discount as a
Use fund
Start-up Expenses First month (RM) First 6 month (RM)
Salary- CEO 1,800 10,800
Salary- 5 Staff 7,500 45,000
Advertising- Newspaper 450 2,700
Advertising- Magazine 800 4,800
Brochure fees 120 720
Promotion- Coupon 6,500 8,500
Promotion- Discount 5,000 7,500
Web site registration and maintenance fee 300 1,800
EPF 1,116 6,696
SOCSO 163 978
Rental 45,000 120,000
Insurance (Company) 250 1,500
Legal fees 200 200
Registration for Business License 150 150
Business License 200 200
Telephone and internet bill 155 930
Electricity and water bill 450 2,700
Petrol expense 320 1,920
Insurance and road tax 1,050 1,050
Office Stationary 80 80
Total investment 71,604 218,224
Sources of Funds
1. CEO’s contribution – RM 50,000
2. Others staff contribution– RM 200,000
3. Subsidies from Government – RM 80,000
Total capital = RM 50,000 + RM 200,000 + RM 80,000
= RM 330,000
The first six month of total expense for UVP is RM 218,224. The detailed information of expenses is listed as follows. Based on this, the capital is set as RM 330, 000. These extra funds are needed for running cash flow and backup of cash.
Assumptions Sheet
Note 1: Sales in year 2011 is a combination of sales that includes Worker Uniform with Hat, Long Sleeve and Long Pant. The calculation of sales is as follows:
• Worker Uniform with Hat: RM 120 X 2500 = RM 300,000
• Long Sleeve: RM 70 X 2000 = RM 140,000
• Long Pant: RM 60 X 1850 = RM 111,000
Note 2: Salary for CEO is RM 1,800 whiles the salary for others staff is RM 1,500. The salary will increase 10% every year as recognition to our employees.
Note 3: UPV spends RM 450 for advertisement on The Star newspaper every month. The advertisement rate is RM 45 per day, therefore, with RM 450 we are able to advertise 10 times between Mondays to Saturdays for each month. Besides, we also spend RM 800 every single time when advertising on the magazine. In addition, UPV are gives out coupon and discount as a