Column1 Column2

STARTUP Requirement

Start-up Expenses Legal ₦ 500,000.00

Salon Refurbishment ₦ 2,500,000.00
Salon Equipment ₦ 3,000,000.00 ₦ 12,000,000.00
Staffs (5nos) (1year) ₦ 2,600,000.00
Rent (3year) ₦ 1,500,000.00 ₦ 10,000,000.00
Expenses ₦ 10,100,000.00

₦ 8,000,000.00
Loan ₦ 0.00
Cash Required ₦ 0.00
Current Asset ₦ 0.00 ₦ 6,000,000.00
Fixed Assets ₦ 0.00
Total Asset ₦ 4,000,000.00
Investment ₦ 10,100,000.00
₦ 2,000,000.00

₦ 0.00
Expens es Loan
Expens es Loan Current As s et Investment
 STARTUP FUNDING

start-up Expenses to Fund ₦ 10,100,000.00

Start-up Asset to Fund
TOTAL FUNDING REQUIRED ₦ 10,100,000.00

Assets
Non-cash Asset from Start-up ₦ 0.00
Cash Requirements from Start-up ₦ 0.00
Additional Cash Raised ₦ 0.00
Cash Balance on Starting Date ₦ 0.00
TOTAL ASSET ₦ 0.00

Liabilities and Capital

Liabilities ₦ 0.00
Current Borrowing ₦ 0.00
Fixed liabilities ₦ 0.00
Account payable (Outstanding Bills) ₦ 0.00
Other current Liabilities (interest-free) ₦ 0.00
TOTAL LIABILITIES ₦ 0.00

Capital
Planned Investment ₦ 0.00
Owner ₦ 0.00
Investor ₦ 10,100,000.00
Additional Investment Requirement ₦ 0.00
Total Planned Investment
Loss at Start-up (Start-up Expenses) ₦ 0.00
TOTAL CAPITAL ₦ 0.00

Column1 Column2
Total Capital and Liabilities
Total Funding ₦ 10,100,000.00

Monthly Units Break-even

Monthly Revenue Break-even

Assumptions:
Average Per-Unit Revenue
Average Per-Unit Varluable Cost
Estimated Montly Fixed Cost
CLIENT VOLUME March 1, 2019 March 12, 2020 March 12, 2021
Hair Care 300 350 370
Facial and Body Care 250 300 320
Makeup 350 400 430
Home Service 250 300 350
TOTAL CLIENT VOLUME 1,150 1,350 1,470
TOTAL AVERAGE PER MONTH 96 113 123

SELLING PRICE March 1, 2019 March 12, 2020 March 12, 2021
Hair Care ₦ 5,000.00 ₦ 7,000.00 ₦ 10,000.00
Facial and Body Care ₦ 3,000.00 ₦ 5,000.00 ₦ 7,000.00
Makeup ₦ 7,000.00 ₦ 10,000.00 ₦ 13,000.00
Home Service ₦ 5,000.00 ₦ 7,000.00 ₦ 10,000.00
SELLING PRICE ₦ 5,173.91 ₦ 7,444.44 ₦ 10,224.49

SALES March 1, 2019 March 12, 2020 March 12, 2021

Hair Care ₦ 1,500,000.00 ₦ 2,450,000.00 ₦ 3,700,000.00
Facial and Body Care ₦ 750,000.00 ₦ 1,500,000.00 ₦ 2,240,000.00
Makeup ₦ 2,450,000.00 ₦ 4,000,000.00 ₦ 5,590,000.00
Home Service ₦ 1,250,000.00 ₦ 2,100,000.00 ₦ 3,500,000.00
TOTAL SALES ₦ 5,950,000.00 ₦ 10,050,000.00 ₦ 15,030,000.00

COST OF SALES March 1, 2019 March 12, 2020 March 12, 2021
Hair Care ₦ 1,050,000.00 ₦ 1,715,000.00 ₦ 2,590,000.00
Facial and Body Care ₦ 525,000.00 ₦ 1,050,000.00 ₦ 1,568,000.00
Makeup ₦ 1,715,000.00 ₦ 2,800,000.00 ₦ 3,913,000.00
Home Service ₦ 875,000.00 ₦ 1,470,000.00 ₦ 2,450,000.00
TOTAL DIRECT COST ₦ 4,165,000.00 ₦ 7,035,000.00 ₦ 10,521,000.00

GROSS PROFIT March 1, 2019 March 12, 2020 March 12, 2021
Hair Care ₦ 450,000.00 ₦ 735,000.00 ₦ 1,110,000.00
Facial and Body Care ₦ 225,000.00 ₦ 450,000.00 ₦ 672,000.00
Makeup ₦ 735,000.00 ₦ 1,200,000.00 ₦ 1,677,000.00
Home Service ₦ 375,000.00 ₦ 630,000.00 ₦ 1,050,000.00
TOTAL GROSS PROFIT ₦ 1,785,000.00 ₦ 3,015,000.00 ₦ 4,509,000.00

March 1, 2019 March 12, 2020 March 12, 2021

Hair Care 30.0% 30.0% 30.0%
Facial and Body Care 30.0% 30.0% 30.0%
Makeup 30.0% 30.0% 30.0%
Home Service 30.0% 30.0% 30.0%
GROSS PROFIT % 30.0% 30.0% 30.0%
 PERSONNEL wages PLAN (13month)
March 1, 2019 March 12, 2020 March 12, 2021
Hair Dresser ₦ 650,000.00 ₦ 715,000.00 ₦ 747,500.00
Beautician ₦ 650,000.00 ₦ 715,000.00 ₦ 747,500.00
Receptionist ₦ 520,000.00 ₦ 572,000.00 ₦ 598,000.00
Barber ₦ 650,000.00 ₦ 715,000.00 ₦ 747,500.00
Manager ₦ 910,000.00 ₦ 1,001,000.00 ₦ 1,046,500.00
TOTAL PAYROLL ₦ 3,380,000.00 ₦ 3,718,000.00 ₦ 3,887,000.00
STARTER WAGE
₦ 50,000.00
₦ 50,000.00
₦ 40,000.00
₦ 50,000.00
₦ 70,000.00
ESTIMATED SALES SUMMARY
3 YEARS SUMMARY

Total SEATS 3,970

Total Selling Price ₦ 22,842.85
Total Sales ₦ 31,030,000.00
Total Cost of Sales ₦ 21,721,000.00
Total Gross Profit ₦ 9,309,000.00
Total Gross Profit % 90.00%

Total Expenses ₦ 13,565,000.00

Profit After Expenses ₦ 17,465,000.00

 ANALYSIS + ESTIMATED GROWTH
Column1 Column2 Column3 Column4 Column5

GROWTH 1 March 2019 12 March 2020 12 March 2021

Hair Care 10% ₦ 1,500,000.00 ₦ 1,650,000.00 ₦ 1,815,000.00
Body Care 10% ₦ 750,000.00 ₦ 825,000.00 ₦ 907,500.00
Makeup 10% ₦ 2,450,000.00 ₦ 2,695,000.00 ₦ 2,964,500.00
Home Service 10% ₦ 1,250,000.00 ₦ 1,375,000.00 ₦ 1,512,500.00

Value for this coloumn is from the SALES TABLE in the SALES FORECAST SHEET, re
total annual sales for each service.
D GROWTH
Column6 Column7 Column8

12 March 2022 12 March 2023 CAGR

₦ 1,996,500.00 ₦ 2,196,150.00 10%
₦ 998,250.00 ₦ 1,098,075.00 10%
₦ 3,260,950.00 ₦ 3,587,045.00 10%
₦ 1,663,750.00 ₦ 1,830,125.00 10%

ALES FORECAST SHEET, representing the

h service.
CASH FLOW for NUVi at 3years forecast
PROFIT & LOSS 1 March 2019 12 March 2020 12 March 2021
Sales ₦ 5,950,000 ₦ 10,050,000 ₦ 15,030,000
less cost of goods sold ₦0
More… ₦0
Gross profit/net sales ₦ 5,950,000 ₦ 10,050,000 ₦ 15,030,000
Expenses
Accountant fees
Advertising & marketing ₦ 240,000 ₦ 240,000 ₦ 240,000
Bank fees & charges
Bank interest
Credit card fees

Utilities (electricity, gas, water) ₦ 120,000 ₦ 120,000 ₦ 120,000

Telephone
Lease/loan payments
Rent & rates ₦ 500,000 ₦ 500,000 ₦ 500,000
Motor vehicle expenses
Repairs & maintenance
Stationery & printing
Insurance
Superannuation
Income tax
Wages (including PAYG) ₦ 3,380,000 ₦ 3,718,000 ₦ 3,887,000
More…
Total expenses ₦ 4,240,000 ₦ 4,578,000 ₦ 4,747,000
NET PROFIT (Net Income) ₦ 1,710,000 ₦ 5,472,000 ₦ 10,283,000
Yearly Total
₦ 31,030,000
₦0
₦0
₦ 31,030,000

₦0
₦ 720,000
₦0
₦0
₦0

₦ 360,000
₦0
₦0
₦ 1,500,000
₦0
₦0
₦0
₦0
₦0
₦0
₦ 10,985,000
₦0
₦ 13,565,000
₦ 17,465,000
Direct Costs

Hardware

Server
Peripherals
Network components
Total Hardware Cost
Software
License
SW Maintenance
SW Development
SW Management
Total Software Cost
Management
Architect/Admin
Systems Hosting
Reporting
Total Management Cost
Support
Support Staf
Total Support Cost
Implementation
Development/Customization/Integration
Total Implementation Cost

Total Direct Costs

Managed Service Costs - Program Management

(Indirect Costs)
Academy Program
Program Management
Account Management
Business Operations
Marketing / Promotions
Total Program Cost

Total Indirect Costs

Total Costs

TCO/Year N 2,077,275

Cost Avoidance (ROI)

ROI - N (negative amount means SAVINGS)
ROI - %

ROI/Year N (13,900,495)

Substitution of Large Scale Events - Based on FY10 Data (Potential Cost Avoidance
Nr of Virtual MS Employees
Cost Savings $3446 / Participant
Total Cost Avoidance Virtual Large Event
Total Potential Cost Avoidance (incl. partly substitution of large scale even

Total Potential ROI - N (negative amount means SAVINGS)

ROI (Potential) - %

ROI/Year (Potential) $ (17,690,055)

 % of
Year 1 TCO Life
Year 2 Year 3 Total
Pilot Cycle
Cost

₦ 18,000.00 ₦ 18,000.00 ₦ 0.00 ₦ 36,000.00

₦ 5,000.00 ₦ 0.00 ₦ 0.00 ₦ 5,000.00
₦ 4,000.00 ₦ 0.00 ₦ 0.00 ₦ 4,000.00
₦ 27,000.00 ₦ 18,000.00 ₦ 0.00 ₦ 45,000.00 1%

₦ 42,100.00 ₦ 42,100.00 ₦ 0.00 ₦ 84,200.00

₦ 10,525.00 ₦ 21,050.00 ₦ 21,050.00 ₦ 52,625.00
₦ 50,000.00 ₦ 50,000.00 ₦ 50,000.00 ₦ 150,000.00
₦ 100,000.00 ₦ 100,000.00 ₦ 100,000.00 ₦ 300,000.00
₦ 202,625.00 ₦ 213,150.00 ₦ 171,050.00 ₦ 586,825.00 9%

₦ 200,000.00 ₦ 300,000.00 ₦ 400,000.00 ₦ 900,000.00

₦ 100,000.00 ₦ 200,000.00 ₦ 250,000.00 ₦ 550,000.00
₦ 50,000.00 ₦ 50,000.00 ₦ 50,000.00 ₦ 150,000.00
₦ 350,000.00 ₦ 550,000.00 ₦ 650,000.00 ₦ 1,550,000.00 25%

₦ 50,000.00 ₦ 100,000.00 ₦ 100,000.00 ₦ 250,000.00

₦ 50,000.00 ₦ 100,000.00 ₦ 100,000.00 ₦ 250,000.00 4%

₦ 50,000.00 ₦ 0.00 ₦ 0.00 ₦ 50,000.00

₦ 50,000.00 ₦ 0.00 ₦ 0.00 ₦ 50,000.00 1%

₦ 679,625.00 ₦ 881,150.00 ₦ 921,050.00 ₦ 2,481,825.00 40%

% of
Year 1 TCO Life
Year 2 Year 3 Total
Pilot Cycle
Cost

₦ 200,000.00 ₦ 400,000.00 ₦ 600,000.00 ₦ 1,200,000.00

₦ 200,000.00 ₦ 400,000.00 ₦ 600,000.00 ₦ 1,200,000.00
₦ 150,000.00 ₦ 250,000.00 ₦ 400,000.00 ₦ 800,000.00
₦ 120,000.00 ₦ 180,000.00 ₦ 250,000.00 ₦ 550,000.00
₦ 670,000.00 ₦ 1,230,000.00 ₦ 1,850,000.00 ₦ 3,750,000.00 60%

₦ 670,000.00 ₦ 1,230,000.00 ₦ 1,850,000.00 ₦ 3,750,000.00 60%

₦ 1,349,625.00 ₦ 2,111,150.00 ₦ 2,771,050.00 ₦ 6,231,825.00 100%

Year 1 TCO Life

Year 2 Year 3
Pilot Cycle
 N (5,823,974) N (12,948,246) N (16,697,440) N (35,469,660)
432% 613% 603% 569%

ta (Potential Cost Avoidance)

N - N - N 5,109 N (17,605,614)
N - N - N (17,605,614) N (17,600,505)
N - N - N (17,600,505) N (17,600,505)
N (7,173,599) N (15,059,396) N (37,068,995) N (59,301,990)

N (5,823,974) N (12,948,246) N (34,297,945) N (53,070,165)

432% 613% 1238% 852%
Potential Cost Avoidance / Participant N (3,446)
Potential Avoidance Factor 80