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    Business Done PDF

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    kyle todd
    Nicky is a young fashion designer living in London who designs and makes her own clothes to sell on eBay and also has a part-time job. She wants to open her own shop but currently does not have enough money. The document provides details on Nicky's monthly income and expenses over a 6 month period to design a cash flow forecast and track her opening and closing bank balances each month.

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    Business Done PDF

    Uploaded by

    kyle todd
    231 views1 page
    Nicky is a young fashion designer living in London who designs and makes her own clothes to sell on eBay and also has a part-time job. She wants to open her own shop but currently does not have enough money. The document provides details on Nicky's monthly income and expenses over a 6 month period to design a cash flow forecast and track her opening and closing bank balances each month.

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    Nicky is a young fashion designer living in London who designs and makes her own clothes to sell on eBay and also has a part-time job. She wants to open her own shop but currently does not have enough money. The document provides details on Nicky's monthly income and expenses over a 6 month period to design a cash flow forecast and track her opening and closing bank balances each month.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    231 views1 page

    Business Done PDF

    Uploaded by

    kyle todd
    Nicky is a young fashion designer living in London who designs and makes her own clothes to sell on eBay and also has a part-time job. She wants to open her own shop but currently does not have enough money. The document provides details on Nicky's monthly income and expenses over a 6 month period to design a cash flow forecast and track her opening and closing bank balances each month.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Nicky is a young fashion designer. Nicky lives in a small flat in south London.

    She
    currently does not have enough money to open a shop. She works from home
    designing and making her own clothes. Each month she buys the materials to make her
    clothes from a local shop. She sells the clothes she makes on E-Bay. She also has a
    part time job working at Top Shop.

    Use the following information to design a cash flow forecast for Nicky.

    1. At the start of May she has just £20 in her bank account.
    2. Nicky get paid £150 a month from her part time job at Top Shop.
    3. Her rent each month is £200.
    4. Her Broadband internet connection costs Nicky £10 a month.
    5. In May, she spends £50 on materials to make clothes, she sells them on eBay for £150.
    6. Again, in June, she spends £50 on materials, this month however, she only sells the clothes for £100.
    7. In July Nicky’s sewing machine breaks. She has to buy a new one. This costs, £50.
    8. In July, August and September, Nicky spends £75 a month on materials.
    9. In July she receives £150 from her sales on eBay, In August £200, and in September £175
    10. Finally in October, Nicky does not make many clothes, she spends just £25 on materials, selling the
    clothes for £50.

    MAY JUNE JULY AUG SEPT OCT TOTAL


    OPENING BALANCE 20 60 50 15 80 120 345

    INCOME / RECEIPTS
    Top Shop 150 150 150 150 150 150 900

    eBay Sales 150 100 150 200 175 75 850

    TOTAL RECEIPTS 320 310 350 365 405 345 2095

    EXPENDITURE /
    PAYMENTS
    Rent 200 200 200 200 200 200 1200

    Broadband 10 10 10 10 10 10 60
    Materials 50 50 75
    75 75 25 350

    Sewing Machine 50
    50

    TOTAL PAYMENTS 260 260 335 285 285 235 1660

    MONTHLY NET CASH


    40 -10 -35 65 40 -10 90
    FLOW

    CLOSING BALANCE 60 50 15 80 120 110 435

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