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    Business Plan Tanskie

    Uploaded by

    MARIAN FEL DEMALATA
    The document provides a start-up budget for a new restaurant business in the Philippines including estimated one-time costs, monthly expenses, and total start-up capital required. One-time costs include PHP 10 million for land, PHP 10.75 million for construction and licensing, and PHP 2.18 million for kitchen equipment. Monthly expenses total PHP 522,962 covering salaries, supplies, utilities and bills. The total estimated start-up capital is PHP 23,626,362.

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    Business Plan Tanskie

    Uploaded by

    MARIAN FEL DEMALATA
    27 views3 pages
    The document provides a start-up budget for a new restaurant business in the Philippines including estimated one-time costs, monthly expenses, and total start-up capital required. One-time costs include PHP 10 million for land, PHP 10.75 million for construction and licensing, and PHP 2.18 million for kitchen equipment. Monthly expenses total PHP 522,962 covering salaries, supplies, utilities and bills. The total estimated start-up capital is PHP 23,626,362.

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    Business Plan tanskie

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    The document provides a start-up budget for a new restaurant business in the Philippines including estimated one-time costs, monthly expenses, and total start-up capital required. One-time costs include PHP 10 million for land, PHP 10.75 million for construction and licensing, and PHP 2.18 million for kitchen equipment. Monthly expenses total PHP 522,962 covering salaries, supplies, utilities and bills. The total estimated start-up capital is PHP 23,626,362.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    27 views3 pages

    Business Plan Tanskie

    Uploaded by

    MARIAN FEL DEMALATA
    The document provides a start-up budget for a new restaurant business in the Philippines including estimated one-time costs, monthly expenses, and total start-up capital required. One-time costs include PHP 10 million for land, PHP 10.75 million for construction and licensing, and PHP 2.18 million for kitchen equipment. Monthly expenses total PHP 522,962 covering salaries, supplies, utilities and bills. The total estimated start-up capital is PHP 23,626,362.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    How much is your estimated capital?

    Land Cost PHP 10,000,000


    Construction and licensing
    1. Construction PHP 9,750,000
    2. License/Permits/Business PHP 150,000
    Registration
    Human Resource/Staffing
    1. Chefs/Cooks PHP 40,000 (x4) = PHP 160,000
    2. Servers/Housekeepers PHP 16, 267 (x8) = PHP 130,136
    3. Supervisor PHP 18,000
    Equipment and Ingredients
    1. Kitchen equipment PHP 2,178,400
    2. Raw Ingredients/Other Ingredients PHP 50,000 (per month)
    Total:

    START-UP BUDGET
    Monthly Expenses Projected Monthly Cash needed to % Of Total
    Expenses start
    Salary (Supervisor, PHP 308,136 PHP 308,136 1.30%
    Chefs/Cooks,
    Servers/Housekeepers)
    Supplies (Ingredients, PHP 168,826 PHP 168,826 0.71%
    other tools)
    Other Utilities and Bills PHP 28,000 PHP 28,000 0.12%
    (Electricity, Water,
    Telephone)
    Maintenance PHP 8,000 PHP 8,000 0.03%
    Miscellaneous PHP 10,000 PHP 10,000 0.04%
    Subtotal: PHP 522,962 PHP 522,962 2.21%

    One Off Costs


    Land Cost PHP 10,000,000 42.33%
    Planning and Construction PHP 10,750,000 45.5%
    License/Permits/Business Registration PHP 150,000 0.63%
    Kitchen and Other Equipment, Furniture PHP 2,178,400 9.22%
    Advertising/Promotion PHP 10,000 0.04%
    Other PHP 15,000 0.06%
    Subtotal: PHP 23,103,400 97.79%

    TOTAL ESTIMATED START-UP CAPITAL PHP 23,626,362 100%


    Human Resource/Staffing
    1. Chefs/Cooks PHP 40,000 (x2) = PHP 80,000
    2. Kitchen staff PHP 14,000 (x4) = PHP 56,000
    3. Servers/Housekeepers PHP 14,000 (x4) = PHP 56,000
    4. Supervisor PHP 18,000

    Start- Up Budget
    Projected
    Cash needed
    MONTHLY EXPENSES Monthly % of Total
    to Start
    Expenses
    Salary of owner-manager $8,000 $8,000 3.8%
    All other salaries and wages $7,000 $7,000 3.3%
    Rent/lease $2,200 $2,200 1.0%
    Advertising & promotion $200 $200 0.1%
    Delivery expense
    Supplies (stock-in-trade) $3,100 $3,100 1.5%
    Telephone $300 $300 0.1%
    Other utilities (electricity, gas etc) $500 $500 0.2%
    Insurance
    Consumables $300 $300 0.1%
    Interest $460 $460 0.2%
    Maintenance $200 $200 0.1%
    Legal and Professional costs $250 $250 0.1%
    Miscellaneous
    Subtotal $22,510 $22,510 10.7%

    One Off' Costs


    Fixtures and Equipment $50,000 23.8%
    Fitout
    Installation charges
    Starting Inventory $3,000 1.4%
    Deposits for utilities (electricity, gas etc) $400 0.2%
    Legal and professional fees $2,750 1.3%
    Registrations, licenses and permits $1,000 0.5%
    Advertising and promotion for opening $550 0.3%
    Cash $5,000 2.4%
    Other $124,600 59.4%
    Subtotal $187,300 89.3%
    Other includes goodwill, rent in advance & insurance

    TOTAL ESTIMATED START-UP CAPITAL $209,810 100.0%

    Labor cost
    Minimum Wage – 310.00 per day x 30 days x 4 employees = 37,200.00
    Employee training – 500 + 400 + 350 x 4 = 5,000.00
    Location
    Rent / Lease Space
    Equipment
    Licensing
    What are the fees for business registration in the Philippines?
    The following are the minimum fees for business registration in the Philippines:
     Securities and Exchange Commission (SEC) Registration Fees:
    o Business Name Reservation for 90 days: ₱120
    o SEC Express Lane: ₱600 
    o SEC Registration Fee: ₱2,530 
    o Stock Transfer Book: ₱500 
    o BIR Documentary Stamps: ₱1,500 
    o Notarial Fees: ₱1,500 
    o Total SEC registration expenses: ₱6,750
     Department of Trade and Industry (DTI) Registration Fees:
    o For Barangay: ₱200
    o For City/Municipality: ₱500
    o For Regional: ₱1,000
    o Total DTI registration expenses: ₱1,700
     Bureau of Internal Revenue (BIR) Registration Fees:
    o Registration Fee: ₱500
    o Loose Documentary Stamp Tax: ₱30
    o Total BIR registration expenses: ₱530

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