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    JHANIA

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    Zacarias, Lorrie Jaye BSCOE
    This document provides financial projections for a proposed cleaning business called Fairy Dusters. It includes projected costs for equipment, supplies, utilities, rent, salaries and benefits for 7 employees. Total start-up costs are estimated at $88,006 with additional annual costs of $4,489 for office supplies, $5,443 for cleaning supplies, $26,400 for promotions, $1,824,576 for salaries, $13,261 for employee benefits, $30,888 for electricity, $21,588 for internet/phone, $216,000 for rent, and $2,220 for water. Legal permits from the barangay, mayor, sanitary, DTI, FDA and BIR are also

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    JHANIA

    Uploaded by

    Zacarias, Lorrie Jaye BSCOE
    21 views8 pages
    This document provides financial projections for a proposed cleaning business called Fairy Dusters. It includes projected costs for equipment, supplies, utilities, rent, salaries and benefits for 7 employees. Total start-up costs are estimated at $88,006 with additional annual costs of $4,489 for office supplies, $5,443 for cleaning supplies, $26,400 for promotions, $1,824,576 for salaries, $13,261 for employee benefits, $30,888 for electricity, $21,588 for internet/phone, $216,000 for rent, and $2,220 for water. Legal permits from the barangay, mayor, sanitary, DTI, FDA and BIR are also

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    This document provides financial projections for a proposed cleaning business called Fairy Dusters. It includes projected costs for equipment, supplies, utilities, rent, salaries and benefits for 7 employees. Total start-up costs are estimated at $88,006 with additional annual costs of $4,489 for office supplies, $5,443 for cleaning supplies, $26,400 for promotions, $1,824,576 for salaries, $13,261 for employee benefits, $30,888 for electricity, $21,588 for internet/phone, $216,000 for rent, and $2,220 for water. Legal permits from the barangay, mayor, sanitary, DTI, FDA and BIR are also

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    21 views8 pages

    JHANIA

    Uploaded by

    Zacarias, Lorrie Jaye BSCOE
    This document provides financial projections for a proposed cleaning business called Fairy Dusters. It includes projected costs for equipment, supplies, utilities, rent, salaries and benefits for 7 employees. Total start-up costs are estimated at $88,006 with additional annual costs of $4,489 for office supplies, $5,443 for cleaning supplies, $26,400 for promotions, $1,824,576 for salaries, $13,261 for employee benefits, $30,888 for electricity, $21,588 for internet/phone, $216,000 for rent, and $2,220 for water. Legal permits from the barangay, mayor, sanitary, DTI, FDA and BIR are also

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 8

    V.

    FINANCIAL ASPECT

    A. Project Cost (Capitalization)

    Utilities Expense

    Rent Expense

    Promotional Expense

    Equipment

    Furniture and Fixtures

    Cleaning Supplies Expense

    Office Supplies Expense

    Legal Expense

    Raw Materials

    Freight-in

    Total:

    Fairy Dusters is a business that is built to help people who needs cleaning services with
    their respective home. This business offers a trust worthy and a high-quality cleaning
    service. The capital of our business is 2,000,000.00 pesos but the project cost starts with
    (amount) only. The remaining (amount) will be bank deposited in the account of our
    business.
    B. Projected Cost

    This section includes different tables of expenses, which will be incurred during business
    operation that will help the business forecast the resources that it needs to operate the
    business successfully.

    Table 1: Salaries of the Employees

    Job/Position: Hourly Daily Monthly Annual Salary


    Rate Salary/Wage Salary/Wage

    General Manager 75.00 600.00 15,600.00 187,200.00

    Head in Administration 70.00 560.00 14,560.00 174,720.00

    Head in Marketing 70.00 560.00 14,560.00 174,720.00

    Head in Finance 70.00 560.00 14,560.00 174,720.00

    Logistics 68.00 544.00 14,144.00 169,728.00

    Cashier/Attendant 63.00 504.00 13,104.00 157,248.00

    Cleaners (5) 63.00 504.00 13,104.00 157,248.00

    (315.00) (2,520.00) (65,520.00) (786,240.00)

    Total: 1,824,576.00
    Job/Position: Monthly SSS PHILHEALTH PAG-IBIG Total Amount
    Salary of Benefits
    General Manager 15,600 697.50 351 312 1,360.5

    Head in Administration 14,560 652.5 327.6 291.2 1,271.3

    Head in marketing 14,560 652.5 327.6 291.2 1,271.3

    Head in Finance 14,560 652.5 327.6 291.2 1,271.3

    Logistic 14,144 630.00 318.24 282.88 1,231.12

    Cashier/Attendant 13,104 585.80 294.84 262.08 1,142.72

    Cleaners (5) 13,104 585.80 294.84 262.08 1,142.72

    --
    Total: 6,799.8 3,421.08 3,040.96 13,261.84

    Table 2: Benefits of the Employees

    Table 3: Utility Expense

    UTILITIES MONTHLY COST ANNUAL COST

    Water 185 2,220


    (13 cubic meter per month)

    Electricity 2,574 30,888


    (11 kilo watts/9 hours a day)

    Internet and Telephone 1799 21,588


    (PLDT 200mbps)
    Table 4: Rent Expense

    MONTHLY COST ANNUAL COST

    18,000 216,000

    Table 5: Promotional Expense

    PROMOTION MONTHLY COST ANNUAL COST

    Facebook Advertising 1,100 13,200


    (10,00 people reached)
    Flyers/Tarpaulins 1,100 13,200

    Total: 2,200 26,400

    Table 6: Equipment
    ITEMS QUANTITY AMOUNT ESTIMATED DEPRECIATION
    USEFUL LIFE VALUE
    Personal computer 2 22,998 6 years 3,833
    set
    Printer 1 5,790 5 years 1,158

    Trashbin 2 598 3 years 199.33

    Split type aircon 2 41,996 6 years 6,999.33

    Heavy duty 2 3,750 4 years 937.5


    vacuum
    Scratch square 2 899 3 years 299.66
    mop
    Cleaning caddy 2 250 2 years 125

    Broom and 2 310 2 year 155


    dustpan
    Toilet brush 2 398 2 year 199

    Electric spin 2 636 2 years 318


    scrubber
    Bucket 2 358 2 years 179

    Uv portable light 2 558 3 years 186

    Disinfecting fog 2 7158 3 years 2,386


    machine
    CCTV 3 2,307 3 years 769

    Total 88,006 17,770.82

    Table 7: Furnitures and Fixture


    ITEMS QUANTITY AMOUNT ESTIMATED DEPRECIATION
    USEFUL LIFE VALUE

    Table 8: Cleaning Supplies

    ITEMS QUANTITY AMOUNT


    Cleaning sponge 5 290

    Microfibre cleaning cloth 30 240


    Large lint remover 5 290
    Rubber gloves 5 240

    Trashbags 2 94
    All-purpose cleaner 8 768
    Detergent powder 12 180

    Air freshener and disinfectant 3 1,812


    spray

    Toilet cleaner 3 687


    Grout cleaner 4 592
    Cleaning brush 5 250

    Total 5,443

    Table 9: Office Supplies


    ITEMS QUANTITY AMOUNT
    Bondpaper a4 3 reams 600
    Matrix ballpen 1 box/50 pcs 175
    Short brown envelope 50 pcs 99

    Long brown envelope 50pcs 100

    Calculator 2 pcs 558


    Scissors 2 pcs 110
    Binder clips (41mm) 3 boxes 237

    Stapler (long arm) 2 pcs 770

    Staple wires 2 boxes 104


    Ink print (539 xl) 4 packs 498
    White board 2 pcs 918
    White board pen 1 box 320
    Total 4,489

    Table 10: Earnings

    RETAINED EARNINGS

    LEGAL REQUIREMENTS
    REQUIREMENTS AMOUNT
    BARANGAY CLEARANCE
    MAYOR’S PERMIT
    SANITARY PERMIT
    DTI PERMIT
    FDA
    BIR REGISTRATION

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