Major Assumptions

15% increase in sales every year

5% projected increase on cost of productions yearly
2% increase on utilities expense is projected every year and all other
expenses are fixed.
Yearly depreciation of the equipment. Straight line method
Sources of Financing
Names of Partners
1.
2.
3.
4.
5.

Salcedo, Julie Ann

Aban, Jasmin Mae
Santi, Ivy Mhilane
Puyo, Nia
Marsonia, Annie

P10,000.00
P10,000.00
P10,000.00
P10,000.00
P10,000.00

Start Up Expense
INGREDIENTS
Wrapper
Cheese
Ground Meat
Hotdogs
Green Chili
Flavors
( Cheese)
Barbeque
Fries
Oil
Iced Tea (Apple)
Lemon
Seasonings
Tissue
Small Cups
Large Cups
Straw
Total

QUANTITY
5 packs
600 grams
1 kg
1kg
.5kg

UNIT PRICE
20 per pack
35per 200 g
180 per kilo
100 per kilo
196per kilo

AMOUNT
100
175
105
100
98

2packs

10per pack

20

2packs
3kgs
2 liters
450g pack
450g pack
12pcsx8g
2 packs
25pcsx4=100pc
s
25pcsx4=100pc
s
50pcsx2packs

10per pack
80 per kilo
55 per liter
104.50 per pack
104.50 per pack
33 per pack
20 per pack

20
240
110
105
105
33
40

35 per pack

140

41 per pack

164

19 per pack

38
1,592

Supplies Expense
Frying Pan
Spatula
Tongs
Strainer
Chopping Board
Knife
Scissors
Casserole
Total

Amount
250
200
100
100
96
100
120
300
1,266

Promotional Expense
Tarpaulin
Flyers
Internet(Website)
Total

Amount
350
200
150
700

Rent Expense

3,000

Utilities
Electricity Bill
Water Bill
Gasoline
Total

Amount
2,500
1,500
600
4,600

Equipments
Stove
Cooler
Total

Amount
5,000
3,000
8,000

Permits and Licences

Business Permit
BIR
Sanitary Permit Fee
Brgy. Clearance
Inspection
Med.Cer

Amount
510
1,000
500
60
500
500

Total

3,070

Other Expenses
Dustpan
Rug 10php per pc x10
Broom
Broomstick
Total

Amount
50
100
60
20
230

Supplies were directly recorded as expense and was all used at the end of the year
There is no inventory at the end of the year. All merchandise were presumed sold.

Total Projected Cost

Beginning Capital

50,000.00

Start Up Expense

22,458.00

Working Capital

27,542.00

Schedule of Sales for the Year 2017

Sample
Menu
Fries with
Iced Tea
Fries with
dynamite
and Iced tea
Fries with
Cheese
sticks and
Iced Tea
Fries with
Cocktail
Hotdogs and
Iced Tea
Total

No. Of
Servings

Selling
Price

Sales Per
Day

Sales Per
Week
(6 Days)

Sales Per
Month
(24 Days)

Sales For 1
Year
(288 Days)

20

30

600

3,600

14, 400

172,800

18

45

810

4,860

19,440

233,280

20

40

800

4,800

19,200

230,400

15

45

675
2,885

4,050
17,310

16,200
69,240

194,400
830,880

Year Sales
Sales
20%
increase
Total

2017
830,880.00

2018
830,880.00
124,632.00

2019
955,512.00
143,326.80

2020
1,098,838.80
164,825.82

2021
1,263,664.62
189,549.69

830,880.00

955,512.00

1,098,838.80

1,263,664.62

1,453,214.31

Expense Schedule
Utilities Expense
Utilities
Electricity
Water
Gasoline
Total

Monthly Cost
2,500
1,500
600
4,600

Yearly Cost
30,000
18,000
7,200
55,200

Projected Utilities for Five Years

2% increase on utilities expense is projected every year
Utilities
Electricity
Water
Gasoline
Total

2017
30,000.00
18,000.00
7,200.00
55,200.00

2018
30,600.00
18,360.00
7,344.00
56,304.00

2019
31,212.00
18,727.20
7,490.88
57,430.08

2020
31,836.24
19,101.74
7,640.70
58,578.68

2021
32,472.96
19,483.78
7,793.51
59,750.25

Depreciation
All equipments have no salvage value and have a useful life of five years.
Equipment
Cooler
Stove
Total

2017
600.00
1,000.00
1,600.00

2018
600.00
1,000.00
1,600.00

2019
600.00
1,000.00
1,600.00

2020
600.00
1,000.00
1,600.00

2021
600.00
1,000.00
1,600.00

Projected Cost of Sales

INGREDIENTS

Cost per Day

Wrapper
Cheese
Ground Meat
Hotdogs
Green Chili
Flavors ( Cheese)
Barbeque
Fries
Oil
Iced Tea (Apple)
Lemon
Seasonings
Tissue
Small Cups
Large Cups
Straw
Total

100
175
105
100
98
20
20
240
110
105
105
33
40
140
164
38
1,592

Cost per Week

(6 Days)
600
1,050
630
600
588
120
120
1,440
660
627
627
198
240
840
984
228
9,552

Cost per Month

(24 days)
2,400
4,200
2,520
2,400
2,352
480
480
5,760
2,640
2,508
2,508
792
960
3,360
3,936
912
38,208

Cost per Year

(288 Days)
28,800
50,400
30,240
28,800
28,224
5,760
5,760
69,120
31,680
30,096
30,096
9,504
11,520
40,320
47,232
10,944
458,496

Projected Cost of Sales for 5 years

2017
458,496

2018
458,496.0
0

2019
481,420.8
0

2020
505,491.8
4

2021
530,766.4
3

458,496

22,924.80
481,420.8
0

24,071.04
505,491.8
4

25,274.59
530,
766.43

26,538.32
557,304.7
5

Cost of Sales
5% increase
Total

Income Statement
For the Year 2017-2021
2017
83
0,880.00
(458
,496.00)
37
2,384.00

2018
955,51
2.00
(481,420
.80)
474,09
1.20

2019
1,098,8
38.80
(505,4
91.84)
593,3
46.96

2020
1,263,
664.62
(530,
766.43)
732,
898.19

2021
1,453,214
.31
(557,304.
75)
895,909
.56

Rent Expense

(36
,000.00)

(36,00
0.00)

(36,0
00.00)

(36,
000.00)

(36,000.
00)

Utilities
Expense

(55
,200.00)

(56,304.00)

(57,4
30.08)

(58,
578.68)

(59,750.
25)

Supplies
Expense

(1
,266.00)

(1,26
6.00)

(1,2
66.00)

(1,
266.00)

(1,26
6.00)

Promotional
Expense

(700.00)

(70
0.00)

(
700.00)

(700.00)

(70
0.00)

Depreciation

(3
,070.00)
(1
,600.00)

(3,07
0.00)
(1,60
0.00)

(3,0
70.00)
(1,6
00.00)

(3,
070.00)
(1,
600.00)

(3,07
0.00)
(1,60
0.00)

Other
Expenses

(230.00)

(23
0.00)

(
230.00)

(230.00)

(23
0.00)

27
4,318.00

37
4,921.20

4
93,050.88

(82
,295.40)

(112,
476.36)

(1
47,915.26)

19
2,022.60

26
2,445.84

3
45,135.62

Sales
Cost of Sales
Gross Profit
Operating
Expense

Tax and
Licenses

Profit Before
Taxes
Income Tax
(30%)
Profit after
Tax

631,453.51
(1
89,436.05)
442,017.46

793
,293.31
(237,
987.99)
555
,305.32

Statement of Cash Flow

Year 2017-2021
Net Income
before taxes
Depreciation
Total

2017
274,318.
00
1,600
.00
275,918.
00

2018
374,921.
20
1,600
.00
376,521.
20

2019
493,050.
88
1,600
.00
494,650.
88

2020
631,453.5
1
1,600.
00
633,053.5
1

2021
793,29
3
1,60
.0
794,89
3

317,918.
00

376,521.
20

494,650.
88

633,053.5
1

794,89
3

317,918.
00

317,918.
00
694,439.
20

694,439.
20
1,189,090.
08

1,189,090.0
8
1,822,143.5
9

1,822,14
5
2,617,03
.9

Cash Flow From

Investing Activities

Stove

(3,000.
00)
(5,000.
00)

Net cash provided

by Investing
activities

(8,000.
00)

Cooler

Cash Flow From

Financing Activities
Partners' Capital

50,000.
00

Net cash provided

by financing
activities

50,000.
00

Net Inc.(Dec.)
in cash
Add: Beginning
Balance
Ending Balance

Balance Sheet
As of December 2016

Current Asset

2017
31
7,918.00

Cash
Non-Current Asset
Cooler
Less: Accumulated
Depreciation

3,000

Stove
Less:
Accumulated
Depreciation

5,000

Total Non-Current Asset

Total Assets

600

1,000

2,400.00

4,000.00
6,400.00
324
,318.00

Liability
Income Tax
Payable

8
2,295.00

Equity
Partners' Capital
Add Net Income
Total Equity
Total Liabilities and Equity

5
0,000.00
192
,023.00
242
,023.00
32
4,318.00