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Preface
This Project is a part of 1203302 Project Feasibility Study and Evaluation Course in
the second semester of 2011. In this project is studying the feasibility of Massage for
treatment business in Chiang Rai, which is include generally of treatment massage business,
management in business, competition analysis and marketing feasibility, the process in
treatment massage business, the financial feasibility of treatment massage business, and risk
of treatment business.
This project makes everyone who interested to get knowledge and information about
treatment massage business before make decision to investment, including
preoperational process and operation process of treatment massage business, for the benefit to
investment and profit of doing this treatment massage business.
We expect that our project will provide benefit more and more interested person,
moreover, if they are any error in this project or whatever, our ground made an apology at
this opportunity.

Group members
Ms. Wasucha Jaturapornchatchai
Mr. Sukrit
Atsuthi
MS. Jiraporn Sarasuwan
Ms. Pattana
Chimpalee
Ms. Kingtean Kratumnud
Mr. santi
Jaroensusombat
Mr. Atiwan
Sangcom
Ms. Orapan
Kaewpradub

Content

Preface .................................................................................................................................................... 1
Content .................................................................................................................................................... 3
Chapter

1........................................................................................................................................... 5

Introduction ............................................................................................................................................. 5
1.1 Background and Significance of the Project ..................................................................................... 6
1.2 Project objectives .............................................................................................................................. 7
1.3 Benefits of project ............................................................................................................................. 7
Chapter 2 ................................................................................................................................................. 8
Industry Profile ....................................................................................................................................... 8
2.1 Nature of Industry ............................................................................................................................. 9
2.2 Situation of industry ........................................................................................................................ 10
2.3 Product and Service ........................................................................................................................ 11
Chapter 3 ............................................................................................................................................... 13
Marketing Feasibility Study .................................................................................................................. 13
3.1 Market analysis ............................................................................................................................... 14
3.2 STP analysis .................................................................................................................................... 20
3.3 Marketing mix strategies (4P) ......................................................................................................... 20
3.4 Sale forecast

year 1 ..................................................................................................................... 21

3.5 Marketing Expenses (Sales Incentive) ............................................................................................ 34


Chapter 4 ............................................................................................................................................... 35
Investment ............................................................................................................................................. 35
4.1 Product ............................................................................................................................................ 36
4.2 Cost of Investment .......................................................................................................................... 56
4.3 Deprecation..................................................................................................................................... 66
Chapter 5 ............................................................................................................................................... 77
Operations ............................................................................................................................................. 77
Chapter 6 ............................................................................................................................................... 81
Administration ...................................................................................................................................... 81
Expend .................................................................................................................................................. 93
Chapter 7 Financial Analysis ................................................................................................................ 94
Chapter 8 ............................................................................................................................................. 175

4
Risk Management ............................................................................................................................... 175
8.1 Risk analysis .................................................................................................................................. 175
8.1.1 External Forces ........................................................................................................................... 176
8.1.2 Internal risk ................................................................................................................................ 178
Chapter 9 ............................................................................................................................................. 181
Summary ............................................................................................................................................. 181
Summary of project feasibility study .................................................................................................. 182
Appendix ............................................................................................................................................. 186

Chapter 1
Introduction

1.1 Background and Significance of the Project

Thai massage is the best knowledge of Thailand. It has many histories, tradition of
Thai people at a long time. It has most important of Thai medicine such as therapy from the
pass until now. Thai massage is cultural and the way of life that Thai people use to take care
in their family. Back to King Rama 1, he would inscribe about Thai massage for general
people who study on it. This is make we are authority of traditional massage of Thailand
(2009, Yes Spa (Thailand) Company Limited). Next to King Rama 5, royal create Sirirat
Hospitality, it has a course of Thai medicine and makes the textbook of Thai medicine

In that time most of people have a lot of problems about aches and serious. Thai
massage is high quality to cure customer. Most of customer will come to relax 40.9%, for test
4.55%, health care 17.04%, concern of Thai tradition 4.55%, introduce by friend 7.95%,
therapy 22.73%, and each 2.27%. From sex separate by male 48% and female 52%. From age
separate by 21-30 year old 56%, 31-40 year old 16%, 41-50 year old 24%, and more than 50
year old 4%. From average of income separate by less than 10,000 bath 50%, 10,001-20,000
bath 26%, 20,001-30,000 bath 16%, 30,001-40,000 bath 4%, 40,001-50,000 bath 0%, more
than 50,000 bath 4%

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Chiang Rai province has total population of 1,198,218 people (2010, Department of
Local Administration). So Chiang Rai is slow down, but cannot effect to this business.
Because Thai massage business use process about nature and herd to medicine, this is good
for heal and low price to use this service. Customer will relax when they use this service and
can get this service whatever they want. For this our business name is Kasalong Thai
massage. We will show strength about Thai culture to provide Thai people and foreigner. For
Thai people we will let them close with nature to make them forget their pain and serious. For
foreigner we will contract with travel agency in Chiang Rai to make promotion on travel trip,
we will make foreigner understand about Thai tradition and Thai medicine that their ever
seen. For staff we will provide who have knowledge to professional and have bachelor degree
about Thai medicine only. Rim Kok is river side and the best located in this province so this
is the suitable place for us to launch our company in order to attack our customers, near water
and nature, and it is the center of economic in Chiang Rai. Many of customers always come
to travel, spend their money at this place especially in festival period, and tourism industry in
Chiang Rai. There are GPP Market Prices 43,586 million baths. People have high costs of

living so they will have power purchase to spend their money for relaxation. Because they
have revenue per capita 34,287 baths (2006, The Office of the Maritime Promotion
Commission Chiang rai), there are many attractions that can attract lot of tourists in each
year. It is not surprising that Thai massage business will grow hostile to the economic
slowdown and the health become a factor in life already. Therefore, no matter that the
economy will not work, people still would be concern about health, and Thai massage to be a
best choice for them.
From these reasons, allowing the group members interested to study the possibility of
Thai massage business in Chiang Rai. We will make process to do this business will be
successful.

1.2 Project objectives


To study about to do the good project.
To analysis about marketing of this project such as economics, risk, opportunity,
customer, and the competitor.
To learn about techniques of Thai massage think it real and make it possible for to do
business success.
To evaluates the business practices in the various area.
To Summary of the feasibility of Thai massage business.

1.3 Benefits of project


To study about Thai massage business.
To study about marketing and financing of Thai massage business.
To study about the technical and management process of Thai massages business.
To study about competitor of Thai massage in Chiang Rai.
To understand about customer behavior in Chiang Rai.
To understand about how to connect with other business such as Travel agency.
To understand about how to approach of project case study for successful.

Chapter 2
Industry Profile

2.1 Nature of Industry

Thai Traditional massage is a valuable and indigenous body of wisdom from our Thai
ancestors. It was seen that Thai massage had an important role for treatment from the past
until now. It was believed that Thai massage was originated to cure themselves within the
family, for example, husband giving massage to his wife, children giving massage to their
parents and grandparents. They gave a massage by using parts of the body such as elbows,
knees and feet to self-massage, In addition, Thai-style exercise (Rue See Dad Ton) was used
to adjust anatomy by oneself easily. Due to the fact that they had the knowledge of massage
within the family, they could give a massage to neighbors. Finally the clients or patients
trusted that Thai massage was a popular, efficient and respectable way of curing, and it
became one of the most famous occupations.
From the historical evidence on stone inscriptions, it was found that Thai massage
was used to treat some illnesses from Sukhothai period in the reign of King Ramkamheang.
However, Thai traditional medicine, especially Thai massage, was most prosperous in
Ayutthaya period in the reign of King Narai. The evidence of Lalubaires dispatch indicated
that the Siamese used Thai massage to cure some illnesses, to relieve pain or to give birth
easily. Rattanakosin period, Thai traditional medicine was descended from Ayutthaya period.
During the war some document and textbooks were vanished, however, a lot of folk healers
still existed in the rural area, In the reign of King Rama I, 80 statues of hermit, Thai style
exercising and the inscription of Thai traditional massage were created at Wat Po (Medical
School) In the reign of King Rama IV, the textbooks of Thai traditional massage and
traditional medicine were reviewed and revised. After western medicine came into Thai
society in the reign of King Rama VI, Thai traditional massage had been neglected from the
royal palace. But folk massage had still an important role for villagers.

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As modern medicine became popular in the West, the practices began to make their
way to the East as well. Traditional medicine was used less and less, especially in the cities.
Although this modern medicine was able to do many things that traditional medicine could
not, it became clear that there was a downside to the use of so many chemicals. For this
reason in 1985 the Thai government launched the Thai massage revival project. By the mid
1990s Thai massage was back in the forefront and began attracting international attention.
Now Thai massage is increasing in popularity at spas and wellness centers across the world.

iv

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Product life cycle: Introduction : we launch in 2011 as a new of Thai massage circle
thus in earliest stage we can't be the top brand immediately thus we aim at to create the trust
to customer with the first ten members will receive free treatment for certify that we can heal
the ailments of customer. Growth: We have the masseurs that have the certificate of art for
massage that we can heal the ailment truly. Arise from our company have high capability and
from the word of mouth of customer it's affect to increase the customer member. Maturity:
When we have high member that customer will became the royalty customer so it's effect to
our company toward to most profitable stage. Decline: In the period of degenerate of building
or equipment and the masseur it's effect to decrease the customer in the future.

2.2 Situation of industry


Information from the public health of the Thai Traditional Medical Services from
2003-2008 is divided into four sectors based on annual data broken down by age group,
gender, etiology, and the service you deserve. The results showed that both females and four
males had been more than about three times the age group between 41 - 60 years followed by
60 years and less than 15 years were treated in the least. Diseases and symptoms that were
treated in the most low back pain, waist and hips, followed by a similar headache, neck and
shoulder pain, knee and foot, with only Year and the Year 2000-2002 who served in the
region was 50 percent of the dermatology service at the most, followed by massage, treatment
and rehabilitation of traditional herbs.
From the circumstances of the illness during the year 1991-2005 Office of National
Statistics found that people with medical conditions associated with respiratory disease.
Diseases of the musculoskeletal system and connective tissue disorders and gastrointestinal
system if the trends of the illnesses that people with cardiovascular illness situations it's effect
to diseases of the endocrine and neurological health (Thailand Health Profile 2004-2006:
Ministry of Health. Office of Policy and Strategy) this result, many people more pay attention
to health care. Thai massage is an alternative therapy, health, and the current trend. And from
statistics of Department of Health and the study of art from the Social Services Department of
Health have increasing of health professor of Thai massage are 528 people in year 2009 add
from year before 332 people. So the health professor up to 196 people that's the show of the
growth of this business.

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2.3 Product and Service


Product
At Kasalong massage has Lobby, bed for a massage, Chair massage, Showers and
changing rooms.
-Lobby decorated in Thai Lanna style. Customers can view the Kok River for comfort
and relaxation.
-Home for massage have 5 units. Home for massage decorated in Thai Lanna style
near Kok River.
Bed massage for 20 people.
Chair massage for 10 people.
All beds and chairs are placed facing the Kok River. Every bed and every chair has a
white curtain between the beds or chairs for privacy.

Service
-The massage divides 3 main groups.
1. The customers who have health problems such as:
-

Dejectedly pillow.
The shoulder problem.
Aches and sprains.
Paralysis.
Etc.

2. Massage with herbal ball


-

When customer come to massage front office greeting and invite customer
to seat and living in guest room.
Front office ark and present about service.
Front office contract with massager to serve massage to customer and set
the custom to customer. If customer chooses Thai massage and take
customer in massage house.
Massager takes the massage to customer.
Front office serve tae set to customer and take the bill to customer.

3. The customers who want foot massage for health.


The benefits of foot massage.
-

To eliminate the pressure and tension on the muscle.

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Contribute to the breakdown of stress relaxation.


It is the detoxification of the skin.
To stimulate the blood circulation to all parts of body.
Stimulates the nervous system.
Adjusting the balance of the tissues.
Increase power and performance of internal organs.
Help the brain relax and sleep more easily.
To increase brain power and memory problems.
Treatment or alleviation of discomfort and illness.

- The first when a customer comes to kasalong massage. Staff will be collecting information
of customers for the safety because massage is not recommended for certain people:
Infectious skin disease, rash, or open wounds
Immediately after surgery
Immediately after chemotherapy or radiation, unless recommended by your doctor
Prone to blood clots. There is a risk of blood clots being dislodged. If you have heart
disease, check with your doctor before having a massage
Pregnant women should check with their doctor first if they are considering getting a
massage. Massage in pregnant women should be done by massage therapists who are
certified in pregnancy massage.
Massage should not be done directly over bruises, inflamed skin, unhealed wounds,
tumors, abdominal hernia, or areas of recent fractures.
-

Kasalong massage will provide free basic health check such as Measurement
of weight, Measurement of lipid levels, and Measurement of pressure.
Before massage, we offer free herbal drinks.
Customers will be given for a change of clothes before the massage.
We will have a cabinet for storage of the essence.

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Chapter 3
Marketing Feasibility
Study

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3.1 Market analysis


General Environmental Analysis
Environment in genera the external factors that affect the business strategy cannot
control the environment in general Therefore the development environment itself, in general,
it is difficult to forecast accurately General environment of mutual respect. The external
factors that can affect the strategy of the business include (PEST) Politic & Legal, Economic,
Socio-cultural and Technology.

Changes and trends in environmental conditions for this topic this causes difficulties
in doing business for the higher interest rates would cause further damage to the house and
cars Environment of competition will determine the nature of competition between
businesses in the industry. The management will influence the competitive environment.
Development trends in the competitive environment will be used to predict the level of
accuracy. However, the industry has a high rate of technological change will vary greatly.

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Political Factors
Now days the government has to support about Thai massages and provide open
about Thai Massage in the hospital around the country by intend to more than 10% by specify
give the hospital administrators all of the knowledge of at least 20, ministry of health to focus
on policies to promote the use of Thai traditional medicine and alternative medicine in the
system, health services at all levels is an important policy to accelerate the implementation of
article 16 and then the rights issue, the government can issue a medicine certificate on the
field of medicine.

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Economic Factors
Now a days found that the people use of treatment massage increased to 47% the
numbers are very high when compared to primary medical services in the same year. Even in
a hospital in the state, the department of Thai traditional medicine it is the department that the
money is from a hospital because at this time the Thai massage is popular in group people
need to sick about body which treatment massage a better than modern medicine it do not
harm to body but modern medicine is not to body in a long time. So it makes a good for
economic of our business.

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Socio-cultural Factors
Behavior factors of customer are internal variables and external variables

Motivation - most people have sick about body and need to treatment
completely cured

Attitude - in this time people select use treatment massage more than modern
medicine because it better result

Culture - most Thai people have working about use power of body about
middle age need to treatment massage

Social class - group of people have different income or occupation, everyone


can come to services

Family - people in family are sick and need to treatment massage

Technological factors
Factors and information technology is critical to business today while routing the
development of products and services are based on the changes. Our business uses the

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technology about management in financial, system service, and management team, for data
and develops business to growth. Have a little risk when use technology management.

Customer Analysis
The target group of ours are working people, older person, and sick people want to
help about treatment, the customer to like massage for help treatment for heath and relax my
customer is the general in Chiang Rai can come to use service every time of our business.
Most are female age between 35-45 years.

Competition Analysis
Thai massage businesses in the hospitality industry is a growing business in the
future, but this business is more competitive because it is easier to do business and is already
popular with customers.

Competitor Analysis
In Chiang Rai has a lot of Thai massage and spa. They have the same service our and
price, time of massage too. But our have the different in Osteopath is having to knowledge in
Thai massage etc.

Direct Competitor
1) School of Traditional and Alternative Medicine at Chiang Rai Rajabhat
University
It is School of Chiang Rai Rajabhat University the research potential of the
indigenous ethnic groups in the health of the Upper North. The support of the National
Culture Commission (Office

of

the

National

Culture

Commission)

was studied in

depth potential of cultural. This Institute is open for study and to public come to service about
treatment and relaxes but can not to service it fully because it is a teaching institution.

17

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2) Mae Fah Luang University Hospital


It is Applied Thai Traditional Medicine the treatment method of Thai
massage and holisticassessment, diagnosis, treatment and prevention. Health
promotion and health in a way similar to the compression bending to retrieve the hot baking
or other means as the art of Thai massage including the use of drugs under the drug
through the process of traditional Thai medicine according to the standard. Them use
of professional services.
Thai massage treatments such as
-Headache (migraine).
-Headache, insomnia.
-Neck (pillow dejectedly).
-Shoulder pain, shoulder.
-Back for elbow pain.
-The elbow.
-Back pain (mean pain in the upper - lower).
-Knee pain.
-Ankle pain.
-Heel pain.
-Palsy, paralysis (arms, legs, face half).
-Period cramps
-in the lock.
-Hand numbness and pain in the tendon sheath coating thickness.
-Leg pain, hip tea.
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3) Chiang Rai Prachanukroh hospital


It is Applied Thai Traditional Medicine the treatment method of Thai massage,
massage therapy by with the government directly. There are Thai massage is a linear
massage is a health care by reducing the tension of the nerves, muscles and joints,
stimulate blood flow to different parts of the body
with more allows the use of pain relief such as
back

pain,

scapula-shoulder

tea-arm

pain,

dizziness, chronic leg. The main focus is health


care patients to the best of both preventive and
therapeutic rehabilitation. This hospital has the
service same to our business stress on treatment
massage and then have about relaxed massage, but our business have a good aura of
environment style art of Thai massage like Lan Na.

Indirect Competitor
There are the competitor who compete with us by select the different
target market and the characteristic of their product and service is difference from our that
our is treatment massages but them is general massage we will know that in Chiang Rai there
are many kind of massage and spa follow;

Ausapron Thai Massages

This business is small shop, not have natural for


massage, and high price more than our business
but this shop same location is near Kok River.

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- Aumpron Thai Massages


This business is small shop, not have natural
for massage, location is far our but they are
same Thai Lanna style.

xii

- Wangcom massage
This business is small shop, not have
natural for massage and location difference
district

xiii

20

3.2 STP analysis


Market segmentation- s
There are two groups of our customers, these groups comprise;
-

People who want to treatment massage.


People who want to foot massage.

Target market- T
We divided the target customers in two groups, including patients who want to get
treatment massage and who want to get foot massage.
Positioning- P
We provide the position of our product through containing as part of the tour package of
tourist companies in Chiang Rai. And we will arrange our product with hotels that are near
Rimkok river side. Our business is business for making customers satisfaction, so we have to
have good quality product and service. We must concern the customers are so importance for
us.

3.3 Marketing mix strategies (4P)


Market mix strategies are referred to product, price, place, and promotion. We will
arrange these parts into our business.

Product our product is services or intangible product, we have various the massage
methods, and it consists of treatment massage, and foot massage. These are our products that
attract the customers. We have good employees who have certificate paper as part of Thai
massage.

Price- we impose the middle prices of our service, the service expenses are depends on the
methods of massaging. Treatment massage, its cost about 350 baht per hour, foot massage, its
cost about 250 baht per hour.

Place- our shop located at Rimkok river side because there are convenient transportation,
there is a lot of foreign tourists who come to stay in the hotels that are near Rimkok river
side. And there is good of view and atmosphere for people who want to arrange a relaxation.

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Promotion- we will make the brochures for distributing to the radio that are in Chiang Rai
city. And we will advertise through our web site or other media such as radio, poster in
Chiang Rai city.

3.4 Sale forecast year 1


Healthy Massage
Open

09.00 am-20.00 pm.

Price

350

baht/hr

There are

20

tables

Doctors

20

persons

Customers

persons/ 1 doctor

Total revenue per day

21,000 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

567,000
525,000
546,000
546,000
546,000
546,000
567,000
546,000
546,000
567,000
525,000
567,000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

6,594,000

baht

22

Foot massage
Open

09.00 am-20.00 pm.

Price

250

baht

There are

10

chairs

Doctors

10

persons

Customers

persons/ 1 doctor

Total revenue per day

7,500 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

202,500
187,500
195,000
195,000
195,000
195,000
202,500
195,000
195,000
202,500
187,500
202,500

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

2,355,000

baht

Total revenue both healthy massage and foot massage is equal to 6,594,000+ 2,355,000=
8,949,000 baht

Closed every Thursday open 287 days in year 1.

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Sale forecast year 2


Healthy Massage
Open

09.00 am-20.00 pm.

Price

350

baht/hr

There are

20

tables

Doctors

20

persons

Customers

persons/ 1 doctor

Total revenue per day

28,000 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

728,000
672,000
756,000
728,000
728,000
728,000
756,000
728,000
728,000
728,000
728,000
756,000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

8,764,000

baht

24

Foot massage
Open

09.00 am-20.00 pm.

Price

250

baht

There are

10

chairs

Doctors

10

persons

Customers

persons/ 1 doctor

Total revenue per day

10,000 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

260,000
240,000
270,000
260,000
260,000
260,000
270,000
260,000
260,000
260,000
260,000
270,000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

3,130,000

baht

Total revenue both healthy massage and foot massage is equal to 8,764,000+ 3,130,000=
11,894,000 baht

Closed every Thursday open 313 days in year 2.

25

Sale forecast year 3


Healthy Massage
Open

09.00 am-20.00 pm.

Price

350

baht/hr

There are

20

tables

Doctors

20

persons

Customers

persons/ 1 doctor

Total revenue per day

35,000 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

910,000
840,000
945,000
910,000
910,000
910,000
910,000
945,000
910,000
910,000
910,000
945,000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

10,955,000

baht

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Foot massage
Open

09.00 am-20.00 pm.

Price

250

baht

There are

10

chairs

Doctors

10

persons

Customers

persons/ 1 doctor

Total revenue per day

12,500 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

325,000
240,000
337,500
325,000
325,000
325,000
325,000
337,500
325,000
325,000
325,000
337,500

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

3,852,500

baht

Total revenue both healthy massage and foot massage is equal to 10,955,000+3,852,500=
14,807,500 baht

Closed every Thursday open 313 days in year 3.

27

Sale forecast year 4


Healthy Massage
Open

09.00 am-20.00 pm.

Price

350

baht/hr

There are

20

tables

Doctors

20

persons

Customers

persons/ 1 doctor

Total revenue per day

35,000 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

910,000
840,000
945,000
875,000
945,000
910,000
910,000
945,000
910,000
910,000
910,000
910,000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

10,920,000

baht

28

Foot massage
Open

09.00 am-20.00 pm.

Price

250

baht

There are

10

chairs

Doctors

10

persons

Customers

persons/ 1 doctor

Total revenue per day

12,500 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

325,000
240,000
337,500
312,500
337,500
325,000
325,000
337,500
325,000
325,000
325,000
325,000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

3,840,000

baht

Total revenue both healthy massage and foot massage is equal to 10,920,000+3,840,000=
14,760,000 baht

Closed every Thursday open 312 days in year 4.

29

Sale forecast year 5


Healthy Massage
Open

09.00 am-20.00 pm.

Price

350

baht/hr

There are

20

tables

Doctors

20

persons

Customers

persons/ 1 doctor

Total revenue per day

35,000 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

945000
875000
910000
910000
945000
875000
945000
945000
875000
945000
910000
910000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

10,990,000

baht

30

Foot massage
Open

09.00 am-20.00 pm.

Price

250

baht

There are

10

chairs

Doctors

10

persons

Customers

persons/ 1 doctor

Total revenue per day

12,500 baht

Total revenue per month


-

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

337,500
312,500
325,000
325,000
337,500
312,500
337,500
337,500
312,500
337,500
325,000
325,000

Total revenue per year

baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht
baht

3,925,000

baht

Total revenue both healthy massage and foot massage is equal to 10,990,000+3,925,000=
14,915,000 baht

Closed every Thursday open 314 days in year 5.

31

770,000
760,000
750,000
740,000
730,000
Income

720,000
710,000
700,000
690,000
680,000
Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

First year

1,040,000
1,020,000
1,000,000
980,000
960,000
940,000
920,000

Income

900,000
880,000
860,000
840,000
Jan

Feb

Mar

Apr

May

Jun

Jul

Second year

Aug

Sep

Oct

Nov

Dec

32

1,300,000
1,250,000
1,200,000
1,150,000
1,100,000

Income

1,050,000
1,000,000
950,000
Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Third year

1,300,000
1,250,000
1,200,000
1,150,000
1,100,000

Income

1,050,000
1,000,000
950,000
Jan

Feb

Mar

Apr

May

Jun

Jul

Fourth year

Aug

Sep

Oct

Nov

Dec

33

1,300,000
1,280,000
1,260,000
1,240,000
1,220,000
Income

1,200,000
1,180,000
1,160,000
1,140,000
Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Fifth year

16,000,000
14,000,000
12,000,000
year 1

10,000,000

year 2

8,000,000
6,000,000

year3

4,000,000

year4

2,000,000

year5

0
year 1

year 2

year3

year4

year5

Service for five years


Explanation: Kasalong Thai Massage has less income in the first year because we
started to have Kasalong Thai Massage, and population still not know about the
information of Kasalong Thai Massage. The first year we forecast we get the customers
about 90 Persons/day from January to December in year 1. The number of customers that
we get 90 persons/ day, we refer from interviewing the scientist in Chiang Rai hospital. In
the second year we forecast we will get customers 120 persons/day from January to
December in year 2. When our shop can get more customers, we will gain more revenue
than year 1. In the third year, Kasalond Thai Massage can support the customers 150
persons/day from January to December of year 3. When we got more customers, our shop
also gains revenue more than last year. In the fourth year, we forecast getting customers
150 persons/day from January to December of year 4. This year, Kasalong Thai Massage
will also gain revenue more than last year because there are more customers to use

34

service of Kasalong Thai Massage. In the fifth year, Kasalong Thai Massage gain the
most revenues because we forecast getting customers 150 persons/day come to use
service of Kasalong Thai Massage. The reason that we forecast increasing numbers of
customers in each year because we interviewed the information of patients from the
scientist of Thai traditional medicine center of Chiang Rai hospital, she told us that the
number of patients will always increase, but there is less of staffs of Thai Massage who
will service the patients who come to take treatment.

3.5 Marketing Expenses (Sales Incentive)


The Kasalong Thai Massage has expenses as follow;
- Beverage: After massaging we will arrange some herbals for customers such as pandan
juice, ginger, tea, and etc.
- Advertisement: The Kasalong Thai Massage is advertised on its own website and
brochure and gift for welcome the customers at the store.
Conclusion
Our business is Thai massage, the reasons that we choose to do this business
because this is good for heal and low price to use this service. Customers will have healthy
when they use this service and can get this service whatever they want. And there are many
attractions that can attract lot of patients in each year. It is not surprising that Thai massage
business will grow hostile to the economic slowdown and the health become a factor in life
already. Therefore, no matter that the economy will not work, people still would be concern
about health, and Thai massage to be a best choice for them. The target markets are two
groups depend on people who want to treatment massage and who want to get foot massage.
These groups are our target customer it is Kasalong Thai massage. The product are given
convenience to customer in term of services there are two types of massage including foot
massage and treatment with compress massage. The prices are two parts it consist the price of
foot massage is about 250 baht per hour, the price of treatment with compress massage is
about 350 baht per hour. The location our business is Kok river side near the city of Chiang
Rai province there are good location, atmosphere like resort, easy to see, convenience
transportation. The promotion our business will contract with the tour company and increase
within package tour in company. The expenses to do business there are lot of many raw
materials, equipments, decoration, expenses, infrastructures, employee wages, beverage, and
advertisement expenses. So these are aggregate in Kasalong Thai Massage.

35

Chapter 4
Investment

36

4.1 Product
Product characteristic
The massage of our business is Thai massage style include 3 massage styles

Treatment massage

Foot massage

Massage with Thai herb ball.

Treatment Massage
Treatment Massage provides medical massage therapy
/therapeutic form specializes in medical massage therapy that is
goal-oriented, result-based, corrective therapy. Moreover, it
also focuses about you healthy of your body such as lameness,
muscle inflammation, paralysis, and stroke.

Thai Foot Massage

Thai Foot Massage is will help relieve pain or disease, because


the foot is the center of the nerve. That can convey
the disease or symptoms in the body.

37

Massage with herbal ball

Massage with herbal ball have benefit of healthy such as relieve intumesce or inflame of
muscle, tendon, joint and taut of muscle and increase blood circulation get better

Step of process service

When customer come to massage front office greeting and invite customer to seat and
living in guest room.

Front office ark and present about service.

Front office contract with massager to serve massage to customer and set the custom
to customer. If customer chooses Thai massage and take customer in massage house.

Massager takes the massage to customer.

Front office serve tae set to customer and take the bill to customer.

38

Location

Address:

98 m.10 Muang ChiangRai 57100

Phone number:

053-706359

Website:

www.Kasalong.com

39

Pattern inside of store


1. House receptions
The inside of massage house has 6 houses. First house is house reception. There are 4
part include front office wide about 4 meter and height about 6 meter. Second part,
there is guest room about 2 rooms for contracting and consulting customer and
waiting for services. Guest room 1 is wind about 4 meters and height about 6 meters.
Guest room 2 is wind 3 meters and height about 4 meters. Third part, it is rest room
about 2 rooms. There are wide about 2 meter and height 2 meter.

6m

4m
m

6m

Front office

Guest rooms 1
Rest
room2

4m

Guest
rooms 2

Restro
om1

Door

Door

3m

2m

2m

40

1.1.

Front office

4m

Front counter
Cabinets for customer
information.
Container for information
about the herb and
newspapers
Door
Door of restroom
Air conditioner

6m

1.2.

Guest rooms 1

4m

6m

Sofa
Air conditioner
Television
Door

41

1.3.

Guest rooms 2

4m

Sofa
Air conditioner
Television
Door

3m

1.4.

Rest room 1

2m

2m

Door
Basin
ceiling shower
Water closet

42

1.5.

Rest room 2

Door
Basin
ceiling shower
Water closet

2m

2m

2. House massage.
House massage has 5 houses include Massage room, Foot massage room and Rest
room. So are the same interior decorations.

3m

4m

Foot massage
room

4m

Massage room

Rest
room

Door

2m

6m

2m

43

2.1.

Massage room

6m

4m
Bed for a massage
Door
Air conditioner

2.2.

Foot massage room

Chair for a massage


Door

4m
Air conditioner

3m

44

2.3.

Rest room

2m

2m

Door
Basin
ceiling shower
Water closet

45

2.4.

Area between the rooms

Locker for customers

46

Machine Tools and Equipment

Office
Front counter

Price 4,900

xiv

Container for information about the herb and newspapers

Size 80x29x130 cm.

Price 4,249

xv

Cabinets

Size 90x40x163 cm.

Price 6,900

xvi

Casio 140 CR-SB

LED monitor for view data.

Record to 120 orders.

Record limit to 20 departures.

Price 3,990

xvii

47

Telephone Cord GE EX30044

Price 850

xviii

Guest room
Sofa.

Sofa 2 seat size 125x81x88 cm.

Sofa 3 seat size 205x81x86 cm.

Scatter cushion 8 piece.

Price 36,000

LED TV Sony CX520 series.

Size 32

FULL HD

X-Reality

Presence Sensor

HDMI x 4 ,Component x
1,Composite x 2 , USB x2

Bravia Internet Video

Price 16,990 Free DVD SRxx


501

xix

TV

48

Massage room
Massage bed

Size 1x2x3 cm.

Price 2,600

xxi

Foot massage chair

Size wide 100 cm

Price 2,500

xxii

Pillow

Size 57x30x10 cm.

Price 400

xxiii

Silk for decorate massage bed

Size 23x190 cm

Price 350

xxiv

49

Basin for foot massage

Size 15x4

Price 800

xxv

Long pants

Price 90

xxvi

Voile shirt

Size L,XL

Price 100, 110

xxvii

Uniform

Price 550

xxviii

50

Bed sheet

Price 390

xxix

Wood for foot massage

Size 1x13x1 cm

Weight 30 g

Price 15

xxx

Electric hot pot HW-855

Size 5.5 Liter

750 watt

xxxi

Towel

Size 15x30 cm

White color

Price 50

xxxii

51

Tea set

Height 4.5

1 pot

6 glass

Price 850

xxxiii

Rest Room
Basin

Size 42x42x26 cm

Produce form safety glass

Weight 2,500 g

Price 900

xxxiv

Injection line ZT-EMC

Price 260

xxxv

Water tapCOTTOCT104C16HM

Price 1,750

xxxvi

Mirror

Size 50x60 cm

50 cm Diameter

Price 469

xxxvii

52

Tissue

14.8x8.5x11.6 cm

Weight 0.5 kg

Price 399

xxxviii

Water closet

N-7530:Modana

Two piece toilet

Size 6 L.

Price 1,900

xxxix

Set of CCTV 8 CH U-VISION

CCTV 8 CH

Network line 20 meter 8 line

Recorder UD-6008

HDD 1,000 GB

8 Adepter size 12 v 120 ma

Price 25,900

xl

53

12 liter pedal bin, plastic 25 * 29 * 30 cm

Price 415

xli

Soap Box size: 500 ml

Price 375

xlii

Wide 90 cm, deep 40 cm, height 85 cm

4,300 baths

xliii

54

Table 1 cost of Machine Tools and Equipment

No

Descript

No.

Price/Unit

Total

Product

(baht/unit)

(bath)

Front counter

4,990

4,990

Container

4,249

4,249

Cabinets

6,900

6,900

Cash register

3,990

3,990

Telephone cord

850

850

Sofa

36,000

72,000

LED TV

16,990

33,980

Massage bed

20

2,600

52,000

Foot Massage chair

10

2,500

25,000

10

Pillow

20

400

8,000

11

Silk for decorate


massage bed

20

350

7,000

12

Basin for foot


massage

800

4,000

13

Long pants
Size M

10

100

1,000

Size L

10

110

1,100

14

Uniform

33

550

18,150

15

Bed sheet

20

390

7,800

16

Wood for foot


massage

10

15

150

No

Descript

No.

Price/Unit

Total

Product

(baht/unit)

(bath)

17

Electric hot pot

750

750

18

Towel size15x30cm

20

50

1,000

19

Tea set

850

4,250

55
20

Basin

900

6,300

21

Injection line

260

1,820

22

Water taps

1,750

12,250

23

Mirror

469

3,283

24

Tissue Box

399

2,793

25

Water closet

1,900

13,300

26

Bin

415

2,905

27

Soap Box

375

2,625

28

Set of CCTV 8 CH

25,900

25,900

29

Locker

4,300

21,500

Total

349,835

56

4.2 Cost of Investment


Pre- Operating Cost
- Billboard of Company

The billboard of company order from Mr.Blackboard Co.,Ltd. 39 Moo 10,


Nawamin Road, Soi Nawamin 153, Klong Kum, Buengkum, Bangkok. Telephone
number is 081-777-2025. Fax number is 02-9488694.The size of background for
set the font wide is about 1 meters and height 1 meter. The wood billboard is
Beautiful billboard and suitable for kasalong thai massage. The total price of
billboard, the installation and service is 7500.

xliv

Billboard tax
Billboard of Kasalong thai massage makes by English font and pays the fee
for set company billboard. Because, the billboard use in the commercial for earn
the revenue. The size of billboard equal wide about 1 meters, height 1 meters,
wide multiple height equal to 1 square meters. Then calculate be square
centimeter equal 10,000 square centimeters. Calculate the billboard tax. The
billboard has all English fonts rate 40 Baht/500 square centimeters equal 800
Baht. Example of Thaisakol Graphic Center Co.,Ltd. Paying at Chiang Rai
provincial Administration Organization and location at 183 Moo 8, Wieng District,
Muang, Chiang Rai 57000 Telephone number 053-711499.

xlv

57

Document for registration paying tax

Copy of Household Registration and personal Identification Card


VAT Registration
Certificate
License to set billboard

- Registration
Registered business organization for Thai massage.
If service massage only will be exempt from tax. However, if the
stores are selling the other. Investors must be registered. Investors
can learn the details and approved it. The www.ismed.com.
*So Kasalong massage do not be registered.

xlvi

Table 1 Cost of Investment


No

Descript

No.
Product

Price/Unit
(baht/unit)

Total
(bath)

Billboard

7,500

7,500

Billboard tax

800

800

Total

8,300

58

Cost of land
Location city of Chiang Rai.
- Property is located in Muang District, Chiang Rai. The location near
Kok river, government buildings, sports center and international airport.
The area is 25 rai 34 square wah. The price of land is 690,000 baht per 1 rai. The
conditions for transfer buyers and sellers must pay taxes equally. We can context Miss
Wanna Tel 085- 1486305 and E-mail: tr.one@hotmail.com. We need the land 2 rai.
The price of 1 rai is 690,000 baht. The total price of land is 1,380,000 baht. The tax of
transfer is 2% of cost (form www.land.co.th). The price of transfer is 27,600 baht. If
pay tax equally with seller so we pay 13,800 baht. We can pay tax at Land Office of
Chiang Rai. The location of Office of Chiang Rai is Uttarakit Road, Wieng District,
Muang, Chiang Rai. The total of land and tax of transfer is 1,393,800 baht.

xlvii xlviii

59

Cost of Buildings
We are building the store by order knockdown home from Mobile home at 9 / 8
Nantawan, Sanitation Road 5, Tharang, Bang Khen, and Bangkok 10220. Telephone:
0817507775. Mobile: 0817507775. Fax: 029 498 952. E-mail:
ihome1982@gmail.com or www.ihome1982.net.
The reason we chose knockdown home because knockdown home are cheaper
more than build by itself. Knockdown home are build very fast.
Knockdown home for massage have 5 units and knockdown home for receptions
have 1 unit.

Detail of house massage.


- Semi-detached.
- The size of house 3x4-meter 1 units.
- The size of house 4x6-meter 1 units.
- The window long.
- Platform high 2 meter.
- A terrace linked together.
- The house use pine trees outside the house width of 10 inches.

60

Detail of house receptions


- The size of house 4x6 meters, 2 receptions, 2 bathrooms, 1 unit.
- The size of house 3x4 meters, 1 reception, 1 bathroom, 1 unit.
- The house use pine trees outside the house width of 10 inches.
The main material of construction.
1. The home use iron and steel and iron C.
2. Roof tiles use Tri-ron
3. The walls outer use timber lid Chera.
4. The walls inside use smart board.
5. Ceiling hung at the bar.
6. The use of dry wood (old wood) reduces wood shrinkage.
7. The color protects water outside and inside.
8. Bathroom floor use tiles

61

This price does not include.


Coarse sand 1 Q, Coal 1 Q, plaster 4 unit, sump cement 2 sumps with lid 1 unit
and including price for customers pay the extra 1500 Baht per house. The customer
should order it in advance one day prior to delivery and for quick installation.

*The price of knockdown home for massage is 570,000 Bath per unit. The price of
5 units is 2,850,000 Bath. The price of knockdown home for receptions have 1 unit is
530,000 Bath and the price for we pay the extra 1500 Baht per house. The price of 6
units is 9,000 Baht. The total of buildings is 3,389,000 baht

xlix

Cost of Internet and Telephone setting (free)


Follow form the promotion packages Net Cing 2 of TOT that entrance fee 1000
Baht, Free Set-up number 3,350 baht

Cost of Air conditioner setting

Air conditioner of company order from Sutee Air Service at Robwiang District,
Muang, Chiang Rai. Telephone number 085-330813. We order Air TASAKI wall, Power
savings number 5, wireless remote, compressor warranty 5 year, parts warranty 1 year. The
prices are inclusive of VAT 7%. The price includes shipping costs and installation costs and
free water pipes 4 meters.
We order size 1200 BTU. The price of air conditioner is 10,500 baths per unit. We
need air conditioner 13 unit. The total of air conditioner is 136,500 baht.

62

Table 2 Cost of Investment


No

Descript

No.
Product

Price/Unit
(bath/unit)

Total
(bath)

Cost of land

690,000

1,380,000

Cost of Buildings

530,000

530,000

(house receptions)

Cost of Buildings

570,000

2,850,000

(house massage)
price of extra from Cost
of Buildings

1,500

9,000

Cost of Air conditioner

13

10,500

136,500

Internet and Telephone


setting (free)

1,000

1,000

Total

4,906,500

63

Cost of Decoration
Blinds

Blinds of company order from Niung Blinds at Wiang District Mueang Chiang Rai,
Chiang Rai(near five separate) Telephone number 053-713336, 053-742151. The price
includes service or installation costs.
Detail of blinds
-

The size of blinds for receptions is wide 110 long 170 cm 7 units.
The size of blinds for massage is wide 110 long 220 cm 20 units.
The size of blinds for massage is wide 230 long 220cm 25 units.
The price of blinds

The blinds wide 110 long 170 cm. The price 400 baht per 1 unit. We need 7 units
the total is 2,800 baht.
The blinds wide 110 long 220 cm. The price 470 baht per 1 unit. We need 20 units
the total is 9,400 baht.
The blinds wide 230 long 220 cm. The price 940 baht per 1 unit. We need 25 units
the total is 23,500 baht.
Total price of blinds is 35,700 baht.

li

64

Table 3 Cost of Decoration


No

Descript

Blinds

No.

Price/Unit

Total

Product

(bath/unit)

(bath)

400

2,800

20

470

9,400

25

940

23,500

(The blinds wide 110


long 170 cm)
2

Blinds
(The blinds wide 110
long 220 cm)

Blinds
(The blinds wide 230
long 220 cm)

Total

35,700

65

Summary table of Investment

Cost of Investment

Descript

No.
Product

Price/Unit
(baht/unit)

Total(baht)

1. Billboard

7,500

7,500

2. Billboardtax

800

800

3. Cost of land

690,000

1,380,000

4. Cost of buildings (house receptions)

530,000

530,000

5. Cost of buildings (house massage)

570,000

2,850,000

5. price of extra from Cost of Buildings

1,500

9,000

6. Cost of Air conditioner

13

10,500

136,500

7. Internet and Telephone setting (free)

1,000

1,000

8.Blinds (The blinds wide 110 long 170 cm)

400

2,800

9.Blinds(The blinds wide 110 long 220 cm)

20

470

9,400

10.Blinds (The blinds wide 230 long 220 cm)

25

940

23,500

Total

4,950,500

66

4.3 Deprecation

67

Year 1
Investment
Building
Air conditioner
Billboard
and
billboard
tax
Blinds
Locker
Front
counter
Container
Cabinets
Cash
register
Telephone
cord
Sofa
LED TV
Massage
beds
Foot
massage
chairs
Pillows
Silk for
decorate
massage
beds
Basin for
foot massage

Amount

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

3,389,000.00

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

169,450.00

136,500.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

27,300.00

8,300.00

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

1,660.00

35,700.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

7,140.00

21,500.00

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

4,300.00

4,990.00

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

998.00

4,249.00

70.82

70.82

70.82

70.82

70.82

70.82

70.82

70.82

70.82

70.82

70.82

70.82

849.80

6,900.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

1,380.00

3,990.00

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

798.00

850.00

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

170.00

72,000.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

14,400.00

33,980.00

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

6,796.00

52,000.00

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

10,400.00

25,000.00

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

5,000.00

8,000.00

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

1,600.00

7,000.00

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

1,400.00

4,000.00

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

800.00

68
Long pants
Size M
Size L
Uniform
Bed sheet
Wood for
foot massage
Electric hot
pot
Towel size
15*30cm
Tea set
Basin
Injection
line
Water taps
Mirror
Water closet
Set of
CCTV and
CH
Total

1,000.00

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

1,100.00

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

220.00

18,150.00

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

3,630.00

7,800.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

1,560.00

150.00

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

30.00

750.00

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

150.00

1,000.00

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

4,250.00

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

850.00

6,300.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

1,260.00

1,820.00

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

364.00

12,250.00

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

2,450.00

3,283.00

54.72

54.72

54.72

54.72

54.72

54.72

54.72

54.72

54.72

54.72

54.72

54.72

656.60

13,300.00

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

2,660.00

25,900.00

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.66

5,179.99

3,911,012.00

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.39

69

Year 2
Investment Amount

Jan

Feb

Building
###### 14,120.83
Air conditioner
109,200.00 2,275.00
Billboard
and billboard
tax
6,640.00
138.33

Mar

14,120.83

Apr

May

Jun

Jul

Aug

Sep

Oct

14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83

Nov

Dec

14,120.83

14,120.83

Total

14,120.83 169,450.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

27,300.00

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

1,660.00

Blinds

28,560.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

7,140.00

Locker
Front
counter

17,200.00

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

4,299.96

3,992.00

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

998.00

Container

3,399.00

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

849.75

Cabinets

5,520.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

1,380.00

Cash register
Telephone
cord

3,192.00

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

798.00

680.00

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

170.00

Sofa

57,600.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

14,400.00

LED TV
Massage
beds
Foot massage
chairs

27,184.00

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

6,796.00

41,600.00

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

10,400.00

20,000.00

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

5,000.00

Pillows
Silk for
decorate
massage beds
Basin for foot
massage

6,400.00

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

1,600.00

5,600.00

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

1,400.00

3,200.00

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

800.00

800.00

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

Long pants
Size M

880.00

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

220.00

Uniform

14,520.00

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

3,630.00

Bed sheet

6,240.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

1,560.00

Size L

70
Wood for
foot massage
Electric hot
pot
Towel size
15*30cm

120.00

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

30.00

600.00

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

150.00

800.00

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

Tea set

3,400.00

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

850.00

Basin

5,040.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

1,260.00

Injection line

1,456.00

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

364.00

Water taps

9,800.00

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

2,450.00

Mirror

2,627.00

54.73

54.73

54.73

54.73

54.73

54.73

54.73

54.73

54.73

54.73

54.73

54.73

656.75

Water closet
Set of CCTV
and CH

10,640.00

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

2,660.00

20,720.00

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

5,180.00

Total

######

22,821.04

22,821.04

22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04

22,821.04

22,821.04

22,821.04 273,852.46

71

Year 3
Investment

Amount

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Building
Air conditioner
Billboard
and
billboard
tax

3,050,100.00

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

14,120.83

169,450.00

81,900.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

2,275.00

27,300.00

4,980.00

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

1,660.00

Blinds

21,420.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

7,140.00

Locker
Front
counter

12,900.00

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

4,299.96

2,994.00

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

998.00

Container

2,549.00

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

70.81

849.67

Cabinets
Cash
register
Telephone
cord

4,140.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

1,380.00

2,394.00

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

798.00

510.00

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

170.00

Sofa

43,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

1,200.00

14,400.00

LED TV
Massage
beds
Foot
massage
chairs

20,388.00

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

6,796.00

31,200.00

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

10,400.00

15,000.00

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

5,000.00

Pillows
Silk for
decorate
massage
beds
Basin for
foot
massage

4,800.00

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

1,600.00

4,200.00

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

1,400.00

2,400.00

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

800.00

600.00

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

Long pants
Size M

72
660.00

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

220.00

10,890.00

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

3,630.00

Bed sheet
Wood for
foot
massage
Electric hot
pot
Towel size
15*30cm

4,680.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

1,560.00

90.00

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

30.00

450.00

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

150.00

600.00

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

Tea set

2,550.00

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

850.00

Basin
Injection
line

3,780.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

1,260.00

1,092.00

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

364.00

Water taps

7,350.00

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

2,450.00

Mirror
Water
closet
Set of
CCTV and
CH

1,971.00

54.75

54.75

54.75

54.75

54.75

54.75

54.75

54.75

54.75

54.75

54.75

54.75

657.00

7,980.00

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

2,660.00

15,540.00

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

5,180.00

3,363,308.00

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

22,821.05

273,852.63

Size L
Uniform

Total

73

Year 4
Investment

Amount

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Building
Air conditioner
Billboard
and
billboard
tax

2880650

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

169450

54600

2275

2275

2275

2275

2275

2275

2275

2275

2275

2275

2275

2275

27300

3320

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

1660

Blinds

14280

595

595

595

595

595

595

595

595

595

595

595

595

7140

Locker
Front
counter

8600

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

4300

1996

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

998

Container

1699

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

849.5

Cabinets
Cash
register
Telephone
cord

2760

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

1380

1596

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

798

340

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

170

Sofa

28800

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

14400

LED TV
Massage
beds
Foot
massage
chairs

13592

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

6796

20800

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

10400

10000

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

5000

Pillows
Silk for
decorate
massage
beds
Basin for
foot
massage

3200

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

1600

2800

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

1400

1600

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

800

400

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200

Long pants
Size M

74
440

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

220

Uniform

7260

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

3630

Bed sheet
Wood for
foot
massage
Electric hot
pot
Towel size
15*30cm

3120

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

1560

60

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

30

300

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

150

400

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200

Tea set

1700

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

850

Basin
Injection
line

2520

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

1260

728

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

364

Water taps

4900

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

2450

Mirror
Water
closet
Set of
CCTV and
CH

1315

54.79

54.79

54.79

54.79

54.79

54.79

54.79

54.79

54.79

54.79

54.79

54.79

657.5

5320

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

221.67

2660

10360

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

5180

3089456

22821.08

22821.08

22821.08

22821.08

22821.08

22821.08

22821.08

22821.08

22821.08

22821.08

22821.08

22821.08

273853

Size L

Total

75

Year 5
Investment

Amount

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Building
Air conditioner
Billboard
and
billboard
tax

2711200

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

14120.83

169450.00

27300

2275.00

2275.00

2275.00

2275.00

2275.00

2275.00

2275.00

2275.00

2275.00

2275.00

2275.00

2275.00

27300.00

1660

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

138.33

1660.00

Blinds

7140

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

595.00

7140.00

Locker
Front
counter

4300

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

358.33

4300.00

998

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

83.17

998.00

Container

849.5

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

70.79

849.50

Cabinets
Cash
register
Telephone
cord

1380

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

115.00

1380.00

798

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

66.50

798.00

170

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

14.17

170.00

14400

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

1200.00

14400.00

6796

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

566.33

6796.00

10400

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

866.67

10400.00

5000

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

416.67

5000.00

1600

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

133.33

1600.00

1400

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

116.67

1400.00

800

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

66.67

800.00

200

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

Sofa
LED TV
Massage
beds
Foot
massage
chairs
Pillows
Silk for
decorate
massage
beds
Basin for
foot
massage
Long pants
Size M

76
220

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

18.33

220.00

Uniform

3630

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

302.50

3630.00

Bed sheet
Wood for
foot
massage
Electric hot
pot
Towel size
15*30cm

1560

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

130.00

1560.00

30

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

2.50

30.00

150

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

12.50

150.00

200

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

16.67

200.00

850

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

70.83

850.00

Basin
Injection
line

1260

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

105.00

1260.00

364

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

30.33

364.00

Water taps

2450

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

204.17

2450.00

Mirror
Water
closet
Set of
CCTV and
CH

656

54.67

54.67

54.72

54.67

54.67

54.67

54.67

54.67

54.67

54.67

54.67

54.67

656.05

2600

216.67

216.67

216.67

216.67

216.67

216.67

216.67

216.67

216.67

216.67

216.67

216.67

2600.00

5180

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

431.67

5180.00

2815542

22815.96

22815.96

22816.01

22815.96

22815.96

22815.96

22815.96

22815.96

22815.96

22815.96

22815.96

22815.96

273791.55

Size L

Tea set

Total

77

Chapter 5
Operations

78

The operation cost for a massage


1. Thai herb ball

We want the Thai herb ball 1,600 piece per month for Traditional Thai
Massage Practitioner 20 person. The price of Thai herb ball 50 bath per piece (From
an interview with real users, they use Thai herb ball 400 piece per month for
Traditional Thai Massage Practitioner 5 person).

lii

79

2. Original foot cream

We want the Original foot cream 10 bottles per month for Traditional Thai
Massage Practitioner 10 person. The price of original foot cream 80 bath per piece
(From an interview with real users, they use original foot cream 5 bottle per month for
Traditional Thai Massage Practitioner 5 person).

liii

80

Table: The operation cost for a massage

Product
Thai herb ball

Units/month
1,600(1*50)
10(1*80)

Price
80,000
800

Original foot cream


Total

80,800

81

Chapter 6
Administration

82

Management analysis
Organization Management
Kasalong Thai Massage manages the business by Partner Firm Department, which is
located in Chiang Rai near Kok River for to establish the company. And we will have to pay
tax in form of corporate income tax.
Kasalong Thai Massage management can be divided into three areas: management of
the external image, internal management and customer management. As detailed below, the
image of external nature. Services are not tangible. Customers will pay only when consumers
believe that they have everything they need, so we will need to manage our external image.
The customer must confidence in the service. Such as, to decorate in store is clean and
comfortable. Training of employees certified to massage, the rates are clearly signposted, and
other. Management within the store management is important as small businesses or large.
Operators are needed. There is the store manager, financing, trainer massage and purchase
equipment.

83

Organization Chart

General Manager
(Practice of the healing Act under the
provisions of the aforementioned Act)

Accounting

Housekeeping

Sale & Marketing

Human Resource

Department

Department

Department

Department

Traditional Thai
Massage Practitioner
Accountant

Housekeeper

Sale Person
(certificate)

Traditional Thai
Massage Practitioner
(The Art of
the disease.)

84

People in the organization


Kasalong Thai Massage has total of employee amount x people, and below is to
descript the characteristic and task of employee in each position.
1. General manager
Job qualification
1. Male / Female
2. Practice of the healing Act under the provisions of the aforementioned Act.
3. Thai nationality
4. Can use with best Microsoft Office such as Word, Excel
5. Have good management skill and good relationship
Job description
She/he can set up targeting of company, planning all of operating which follow target
of company, assigning work to employee appropriately, good communication inside
company, and can evaluation & improvement of all position in company. Besides, it is
include managing and payment salary of employee, supervise order of stock, and contact
suppler for order the product and negotiation about price.
2. Accountant
Job qualification
1. Male / Female, age at least 25 years old
2. Master or Bachelor's Degree of Business Administration, Accounting Major
3. Having leading skill and good coordinate skill
4. Have patience, enthusiasm, integrity and to be honest on work
Job description
Task of accountant is management and respond all of activities about finance,
account, record buy-sale, and order in-out of stock before send to manager for check against.

85

3. Housekeeper
Job qualification
1. Female age at least 25 years old
2. Thai nationality
3. Well skill in cleaning
4. Well know and well experience how to use equipment and chemicals for cleaning.
5. Responsibility of duty
Job description
Task of house keeper respond about cleaning all of product in showroom and house
massage. Arranged and decorated locations to be organized. Maintain the cleaning front of
store area. Always clean when dirt. Always clean the toilet. Care cleans all area of store.
Police confer to customer.
4. Sales person
Job qualification
1. Women/men who high vocation certificate in Marketing Major.
2. More than 20 years old
3. Having experience more than 1 years
4. Good personality and communication
Job description
Task of Seller and assistant is take care and give true information about product, advice about
buy product, persuade, and explain to moderation of product with style of customer.

86

5. Traditional Thai Massage Practitioner (certificate)


Job qualification
1. Women/men who aged 20-50 years
2. Strong personality, good health, modestly wrapped in the service.
3. There are certificate from institute of Thai Traditional Medicine.
4. Have experience in the field of massage.
6. Traditional Thai Massage Practitioner (The Art of the disease.)
Job qualification
1. Women/men who aged 20-50 years
2. Strong personality, good health, modestly wrapped in the service.
3. There is The Art of the disease from institute of Thai Traditional Medicine.
4. Have experience in the field of massage.

liv

87

Administration cost
1. Employee salary
Wage rate for our organization
1. Managing Partner position

1 person

25,000 baht

- Accounting department

1 person

12,000 baht

- Sales person

1 person

10,000 baht

- Housekeeper

1 person

6,500 baht

2. Employee in the organization

- Traditional Thai Massage Practitioner (certificate)


10 persons (1 x 9,000)

90,000 baht

- Traditional Thai Massage Practitioner (The Art of the disease)


20 persons (1 x 20,000)
Total salary expense/month

400,000 baht
543,500 baht

88

Water expense / Month


1000 liter

1Cubic meters

Fore cast use 52 cu.m/month x 13.86bah

= 720.72 baht

Add. (+) General Service

= 40 baht

Add. (+) VAT 7%

= 53.2504 baht

Total water expense/month

= 813.9704 bah

WATER TARIFFS
Effective December 1999

Commerce, Government Agency,


State Enterprise and Industry

/
Volume(cu.m.)
Baht/cu.m.
9.50
0-10
(Not less than 90.00 Baht)
11-20
10.70
21-30
10.95
31-40
13.21
41-50
13.54
51-60
13.86
61-80
14.19
81-100
14.51
101-120
14.84
121-160
15.16
161-200
15.49
200
15.81
(over 200)

** Remark: 1. VAT not included) 7%


(General services) 40 bath

lv

89

Electricity expense / month


22 Meters pressure in the normal rate
Estimate use of electricity 2,300 unit x 2.4649

= 5,669.27 baht

Add. (+) Service expense

=228.17 baht

Total Electricity expense / month

=5,897.44baht


2

15 30
2.1
2.1.1 12-24

(/)

(/)

2.4649

228.17
40.90

2.1.2 12

lvi

150 ( 1-150)

1.8047

250 ( 151-400)

2.7781

400 ( 401 )

2.9780

90

Internet and telephone expense


Our internet and telephone expense dont change because our company use telephone
by TOT Include Internet 6MB.

Fire Insurance

Kasalong Thai Massage does fire insurance with Office of Insurance Commission
with limits protection is 1,000,000 baht and insurance rate is 3,600 per month. It is a fix cost.
Sri Ayudhya General Insurance is protecting everything in our company and protect for 3
years.

lvii

Advertising costs
Kasalong Thai Massage will promote health center by ktdoilanradio of Chiang rai.
We hired a radio for 3000 baht per month and included the spots every hour.

lviii

91

Miscellaneous costs

The liquid cleaner 3.78L


-price 409 bath

Liquid hand soap3.78L


-price 209 bath

lx

Cleaning the bathroom3.78L


-price 209 bath

lxi

lix

92

Toilet paper *24x4


-price 904 bath

lxii

Garbage bags size36x45

-price 1,625 bath

lxiii

Paper towel Kimberly Clark


-price 990 bath

lxiv

93

Expend
Product

Units/month

Price

The liquid cleaner 3.78L

1 gallon

409

Liquid hand soap3.78L

1 gallon

209

Cleaning the
bathroom3.78L

1 gallon

209

Toilet paper *24x4

1 pack

940

Garbage bags size36x45

1 pack(175)

1,625

Paper towel Kimberly


Clark

1 pack300x12

990

telephone statement by
TOT Include Internet 6
MB

1 number

790

Advertising costs

3,000

Fire Insurance

3,600

Total

11,772

94

Chapter 7
Financial
Analysis

95
Kasalong Thai massage
Income Statement
31 decemder,2012

Year 1
Income
Statement
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Revenue
Sales
Cost of
raw matiral
Gross
Income
Operating
Expense
General &
Administra
tion
Utility
expenses
Depreciati
on
Miscellane
ous
expenses
Total
Operating
Expense
Income
before
interest &
tax
Tax
Expense
30%
Net
income
(loss) for
the year
Retain
Earning

769,500

712,500

741,000

741,000

741,000

741,000

769,500

741,000

741,000

769,500

712,500

769,500

8,949,000

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

688,700

631,700

660,200

660,200

660,200

660,200

688,700

660,200

660,200

688,700

631,700

688,700

7,979,400

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,537

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

127,317

70,317

98,817

98,817

98,817

98,817

127,317

98,817

98,817

127,317

70,317

127,317

1,242,799

38,194.98

21,094.98

29,644.98

29,644.98

29,644.98

29,644.98

38,194.98

29,644.98

29,644.98

38,194.98

21,094.98

38,194.98

372,839.72

89,121.61

49,221.61

69,171.61

69,171.61

69,171.61

69,171.61

89,121.61

69,171.61

69,171.61

89,121.61

49,221.61

89,121.61

869,959.36

89,121.61

138,343.23

207,514.84

276,686.45

345,858.07

415,029.68

504,151.29

573,322.90

642,494.52

731,616.13

780,837.74

869,959.36

869,959.36

96
Kasalong Thai massage
Income Statement
31 decemder,2013
Year 2 Income
Statement
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Revenue
Sales
Cost of raw
matiral
Gross Income
Operating
Expense
General &
Administration
Utility
expenses
Depreciation
Miscellaneous
expenses
Total
Operating
Expense
Income
before interest
& tax
Tax Expense
30%
Net income
(loss) for the
year
Retain Earning

988,000

912,000

1,026,000

988,000

988,000

988,000

1,026,000

988,000

988,000

988,000

988,000

1,026,000

11,894,000

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

907,200

831,200

945,200

907,200

907,200

907,200

945,200

907,200

907,200

907,200

907,200

945,200

10,924,400

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

345,817

269,817

383,817

345,817

345,817

345,817

383,817

345,817

345,817

345,817

345,817

383,817

4,187,799

103,744.98

80,944.98

115,144.98

103,744.98

103,744.98

103,744.98

115,144.98

103,744.98

103,744.98

103,744.98

103,744.98

115,144.98

1,256,339.72

242,071.61

188,871.61

268,671.61

242,071.61

242,071.61

242,071.61

268,671.61

242,071.61

242,071.61

242,071.61

242,071.61

268,671.61

2,931,459.36

1,112,030.97

1,300,902.58

1,569,574.20

1,811,645.81

2,053,717.42

2,295,789.03

2,564,460.65

2,806,532.26

3,048,603.87

3,290,675.49

3,532,747.10

3,801,418.71

3,801,418.71

97

Kasalong Thai massage


Income Statement
31 decemder,2014

Year 3
Income
Statement
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Revenue
Sales
Cost of raw
matiral

1,235,000

1,080,000

1,282,500

1,235,000

1,235,000

1,235,000

1,235,000

1,282,500

1,235,000

1,235,000

1,235,000

1,282,500

14,807,500

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

1,154,200

999,200

1,201,700

1,154,200

1,154,200

1,154,200

1,154,200

1,201,700

1,154,200

1,154,200

1,154,200

1,201,700

13,837,900

Operating
Expense
General &
Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation
Miscellaneous
expenses
Total Operating
Expense
Income before
interest & tax
Tax Expense
30%
Net income
(loss) for the
year

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

592,817

437,817

640,317

592,817

592,817

592,817

592,817

640,317

592,817

592,817

592,817

640,317

7,101,299

177,844.98

131,344.98

192,094.98

177,844.98

177,844.98

177,844.98

177,844.98

192,094.98

177,844.98

177,844.98

177,844.98

192,094.98

2,130,389.72

414,971.61

306,471.61

448,221.61

414,971.61

414,971.61

414,971.61

414,971.61

448,221.61

414,971.61

414,971.61

414,971.61

448,221.61

4,970,909.36

4,216,390.33

4,522,861.94

4,971,083.55

5,386,055.16

5,801,026.78

6,215,998.39

6,630,970.00

7,079,191.62

7,494,163.23

7,909,134.84

8,324,106.46

8,772,328.07

8,772,328.07

Retain Earning

98
Kasalong Thai massage
Income Statement
31 decemder,2015

Year 4
Income
Statemnt
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,235,000

1,080,000

1,282,500

1,187,500

1,282,500

1,235,000

1,235,000

1,282,500

1,235,000

1,235,000

1,235,000

1,235,000

14,760,000

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

1,154,200

999,200

1,201,700

1,106,700

1,201,700

1,154,200

1,154,200

1,201,700

1,154,200

1,154,200

1,154,200

1,154,200

13,790,400

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

592,817

437,817

640,317

545,317

640,317

592,817

592,817

640,317

592,817

592,817

592,817

592,817

7,053,799

177,844.98

131,344.98

192,094.98

163,594.98

192,094.98

177,844.98

177,844.98

192,094.98

177,844.98

177,844.98

177,844.98

177,844.98

2,116,139.72

414,971.61

306,471.61

448,221.61

9,187,299.68

9,493,771.29

9,941,992.91

381,721.61
10,323,714.5
2

448,221.61
10,771,936.1
3

414,971.61
11,186,907.7
5

414,971.61
11,601,879.3
6

448,221.61
12,050,100.9
7

414,971.61
12,465,072.5
9

414,971.61
12,880,044.2
0

414,971.61
13,295,015.8
1

414,971.61
13,709,987.4
2

4,937,659.36
13,709,987.4
2

Revenue
Sales
Cost of raw
matiral
Gross
Income
Operating
Expense
General &
Administratio
n
Utility
expenses
Depreciation
Miscellaneou
s expenses
Total
Operating
Expense
Income
before
interest &
tax
Tax Expense
30%
Net income
(loss) for the
year
Retain
Earning

99

Year5
Income
Statement
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

1,282,500

1,187,500

1,235,000

1,235,000

1,282,500

1,187,500

1,282,500

1,282,500

80,800

80,800

80,800

80,800

80,800

80,800

80,800

1,201,700

1,106,700

1,154,200

1,154,200

1,201,700

1,106,700

543,500

543,500

543,500

543,500

543,500

6,711.41

6,711.41

6,711.41

6,711.41

22,821.03

22,821.03

22,821.03

11,172

11,172

561,383

SEP

OCT

NOV

DEC

Total

1,187,500

1,282,500

1,235,000

1,235,000

14,915,000

80,800

80,800

80,800

80,800

80,800

969,600

1,201,700

1,201,700

1,106,700

1,201,700

1,154,200

1,154,200

13,945,400

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

640,317

545,317

592,817

592,817

640,317

545,317

640,317

640,317

545,317

640,317

592,817

592,817

7,208,799

192,094.98

163,594.98

177,844.98

177,844.98

192,094.98

163,594.98

192,094.98

192,094.98

163,594.98

192,094.98

177,844.98

177,844.98

2,162,639.72

448,221.61
14,158,209.0
4

381,721.61
14,539,930.6
5

414,971.61
14,954,902.2
6

414,971.61
15,369,873.8
8

448,221.61

381,721.61

448,221.61

15,818,095.49

16,199,817.10

448,221.61
16,648,038.7
2

381,721.61
17,477,981.9
4

448,221.61
17,926,203.5
5

414,971.61
18,341,175.1
7

414,971.61
18,756,146.7
8

5,046,159.36
18,756,146.7
8

Revenue
Sales
Cost of raw
matiral
Gross
Income
Operating
Expense
General &
Administratio
n
Utility
expenses
Depreciation
Miscellaneou
s expenses
Total
Operating
Expense
Income
before
interest &
tax
Tax Expense
30%
Net income
(loss) for the
year
Retain
Earning

17,096,260.33

100
Kasalong Thai massage
Cash flow
31 decemder,2012

JAN
Cash flow
from
operating
activity
Cash
received
Cash received
on cash sale
Adjust
depreciation
Total cash
received
Cash paid
Cash paid for
cost of raw
matiral
Cash paid for
operating
expense
Cash paid for
income tax
Total cash
paid
Net cash
flow from
operating
activity
Cash flow
from
investment
activity
Cash
received
Cash received
from sale
Total cash
received

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

769,500

712,500

741,000

741,000

741,000

741,000

769,500

741,000

741,000

769,500

712,500

769,500

8,949,000

0.00

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

251,031.37

769,500

735,321

763,821

763,821

763,821

763,821

792,321

763,821

763,821

792,321

735,321

792,321

9,200,031

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

38,194.98

21,094.98

29,644.98

29,644.98

29,644.98

29,644.98

38,194.98

29,644.98

29,644.98

38,194.98

21,094.98

38,194.98

372,839.72

680,378

663,278

671,828

671,828

671,828

671,828

680,378

671,828

671,828

680,378

663,278

680,378

8,079,041

89,122

72,043

91,993

91,993

91,993

91,993

111,943

91,993

91,993

111,943

72,043

111,943

1,120,991

101
Cash paid
Cash paid
investment on
operating and
administratio
n
Total cash
paid
Net cash
flow from
investment
activity
Cash flow
from
financing
activity
Cash
received
Borrowing
cash
Total cash
received
Cash paid
Cash paid for
Divident
Total cash
paid
Net cash
flow from
Financing
activity
Net increase/
decrease in
cash
Beginning
cash
Ending cash

5,277,514

3,911,762

5,277,514

3,911,762

-5,277,514

3,911,762

5,000,000

5,000,000

5,000,000

5,000,000

0.00
0.00

5,000,000

5,000,000

-188,392

72,043

91,993

91,993

91,993

91,993

111,943

91,993

91,993

111,943

72,043

111,943

-188,392

-188,392
-116,350

-116,350
-24,357

-24,357
67,636

67,636
159,628

159,628
251,621

251,621
363,564

363,564
455,556

455,556
547,549

547,549
659,491

659,491
731,534

731,534
843,477

843,477

102
Kasalong Thai massage
Cash flow
31 decemder,2013

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Cash received on cash sale

988,000

912,000

1,026,000

988,000

988,000

988,000

1,026,000

988,000

988,000

988,000

988,000

1,026,000

11,894,000

Adjust depreciation

0.00

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

251,031.37

Total cash received

988,000.0
0

934,821.0
3

1,048,821.
03

1,010,821.
03

1,010,821.
03

1,010,821.
03

1,048,821.
03

1,010,821.
03

1,010,821.
03

1,010,821.
03

1,010,821.
03

1,048,821.
03

12,145,031
.37

Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

103,744.9
8
745,928

80,944.98
723,128

115,144.9
8
757,328

103,744.9
8
745,928

103,744.9
8
745,928

103,744.9
8
745,928

115,144.9
8
757,328

103,744.9
8
745,928

103,744.9
8
745,928

103,744.9
8
745,928

103,744.9
8
745,928

115,144.9
8
757,328

1,006,816.
50
8,962,541

242,071.6
1

211,692.6
5

291,492.6
5

264,892.6
5

264,892.6
5

264,892.6
5

291,492.6
5

264,892.6
5

264,892.6
5

264,892.6
5

264,892.6
5

291,492.6
5

3,182,490.
72

Cash flow from operating activity


Cash received

Cash paid

Total cash paid


Net cash flow from operating activity

Cash flow from investment activity


Cash received
Cash received from sale
Total cash received
Cash paid
Cash paid investment on operating and
administration
Total cash paid
Net cash flow from investment
activity

103

Cash flow from financing activity


Cash received
Borrowing cash
Total cash received

Cash paid
Cash paid
Total cash paid

0.00

Net cash flow from Financing


activity
Net increase/ decrease in cash

242,071.6
1
843,477

211,692.6
5
1,085,548.
37
1,297,241.
02

291,492.6
5
1,297,241.
02
1,588,733.
67

264,892.6
5
1,588,733.
67
1,853,626.
31

264,892.6
5
1,853,626.
31
2,118,518.
96

264,892.6
5
2,118,518.
96
2,383,411.
61

291,492.6
5
2,383,411.
61
2,674,904.
25

264,892.6
5
2,674,904.
25
2,939,796.
90

264,892.6
5
2,939,796.
90
3,204,689.
54

264,892.6
5
3,204,689.
54
3,469,582.
19

264,892.6
5
3,469,582.
19
3,734,474.
84

291,492.6
5
3,734,474.
84
4,025,967.
48

4,025,967.
48

Beginning cash
Ending cash

1,085,548.
37

104

Kasalong Thai massage


Cash flow
31 decemder,2014

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,235,000

1,080,00
0
22,821.0
3
1,102,82
1

1,282,500

1,235,00
0
22,821.0
3
1,257,82
1

1,235,000

1,235,00
0
22,821.0
3
1,257,82
1

1,235,00
0
22,821.0
3
1,257,82
1

1,282,50
0
22,821.0
3
1,305,32
1

1,235,00
0
22,821.0
3
1,257,82
1

1,235,00
0
22,821.0
3
1,257,82
1

1,235,00
0
22,821.0
3
1,257,82
1

1,282,50
0
22,821.0
3
1,305,32
1

14,807,500

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received

1,235,000

22,821.03
1,305,321

22,821.03
1,257,821

251,031.37
15,058,531

Cash paid
Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

177,844.98

Total cash paid

820,028

131,344.
98
773,528

192,094.9
8
834,278

177,844.
98
820,028

177,844.9
8
820,028

177,844.
98
820,028

177,844.
98
820,028

192,094.
98
834,278

177,844.
98
820,028

177,844.
98
820,028

177,844.
98
820,028

192,094.
98
834,278

1,880,866.
50
9,836,591

Net cash flow from operating activity

414,972

329,293

471,043

437,793

437,793

437,793

437,793

471,043

437,793

437,793

437,793

471,043

5,221,941

Cash received from sale

Total cash received

Cash flow from investment activity


Cash received

Cash paid

105
Cash paid investment on operating and
administration
Total cash paid

Net cash flow from investment activity

Borrowing cash

Total cash received

Cash paid

0.00

Total cash paid

0.00

Net cash flow from Financing activity

0.00

Net increase/ decrease in cash

414,972

329,293

471,043

437,793

437,793

437,793

437,793

471,043

437,793

437,793

437,793

471,043

5,221,941

Beginning cash

4,025,967.4
8
4,440,939

4,440,93
9
4,770,23
2

4,770,232

5,241,27
4
5,679,06
7

5,679,067

6,116,86
0
6,554,65
2

6,554,65
2
6,992,44
5

6,992,44
5
7,463,48
8

7,463,48
8
7,901,28
0

7,901,28
0
8,339,07
3

8,339,07
3
8,776,86
6

8,776,86
6
9,247,90
8

Cash flow from financing activity


Cash received

Cash paid

Ending cash

5,241,274

6,116,860

9,247,908

106
Kasalong Thai massage
Cash flow
31 decemder,2015

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,235,000

1,080,000

1,282,500

1,187,500

1,282,500

1,235,000

1,235,000

1,282,500

1,235,000

1,235,000

1,235,000

1,235,000

14,760,000

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

251,031.37

1,235,000

1,102,821

1,305,321

1,210,321

1,305,321

1,257,821

1,257,821

1,305,321

1,257,821

1,257,821

1,257,821

1,257,821

15,011,031

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

177,844.98

131,344.98

192,094.98

163,594.98

192,094.98

177,844.98

177,844.98

192,094.98

177,844.98

177,844.98

177,844.98

177,844.98

1,866,682.80

820,028

773,528

834,278

805,778

834,278

820,028

820,028

834,278

820,028

820,028

820,028

820,028

9,822,341

414,972

329,293

471,043

404,543

471,043

437,793

437,793

471,043

437,793

437,793

437,793

437,793

5,188,691

107

0.00

0.00

0.00

414,972

329,293

471,043

404,543

471,043

437,793

437,793

471,043

437,793

437,793

437,793

437,793

5,188,691

9,247,908

9,662,880

9,992,172

10,463,215

10,867,758

11,338,800

11,776,593

12,214,386

12,685,428

13,123,221

13,561,014

13,998,806

9,662,880

9,992,172

10,463,215

10,867,758

11,338,800

11,776,593

12,214,386

12,685,428

13,123,221

13,561,014

13,998,806

14,436,599

14,436,599

108
Kasalong Thai massage
Cash flow
31 decemder,2016

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,282,500

1,187,50
0
22,821.0
3
1,210,32
1

1,235,00
0
22,821.0
3
1,257,82
1

1,235,00
0
22,821.0
3
1,257,82
1

1,282,50
0
22,821.0
3
1,305,32
1

1,187,50
0
22,821.0
3
1,210,32
1

1,282,50
0
22,821.0
3
1,305,32
1

1,282,50
0
22,821.0
3
1,305,32
1

1,187,50
0
22,821.0
3
1,210,32
1

1,282,500

1,235,00
0
22,821.0
3
1,257,82
1

1,235,000

14,915,000

22,821.03

251,031.37

1,257,821

15,166,031

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received

1,282,500

22,821.03
1,305,321

Cash paid
Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

192,094.98

Total cash paid

834,278

163,594.
98
805,778

177,844.
98
820,028

177,844.
98
820,028

192,094.
98
834,278

163,594.
98
805,778

192,094.
98
834,278

192,094.
98
834,278

163,594.
98
805,778

192,094.9
8
834,278

177,844.
98
820,028

177,844.9
8
820,028

1,913,013.
30
9,619,214

Net cash flow from operating activity

448,222

404,543

437,793

437,793

471,043

404,543

471,043

471,043

404,543

471,043

437,793

437,793

5,297,191

Cash flow from investment activity

Cash received

Cash received from sale

Total cash received

Cash paid investment on operating and


administration
Total cash paid

Net cash flow from investment activity

Cash paid

109

Cash flow from financing activity


Cash received
Borrowing cash

Total cash received

Cash paid for Divident

0.00

5,000,000

Total cash paid

0.00

5,000,000

Net cash flow from Financing activity

0.00

Net increase/ decrease in cash

448,222

404,543

437,793

437,793

471,043

404,543

471,043

471,043

404,543

471,043

437,793

Beginning cash

14,436,599

Ending cash

14,884,821

14,884,8
21
15,289,3
63

15,289,3
63
15,727,1
56

15,727,1
56
16,164,9
48

16,164,9
48
16,635,9
91

16,635,9
91
17,040,5
34

17,040,5
34
17,511,5
76

17,511,5
76
17,982,6
19

17,982,6
19
18,387,1
62

18,387,16
2
18,858,20
4

18,858,2
04
19,295,9
97

5,000,000
4,562,207
19,295,99
7
14,733,79
0

Cash paid

297,191

14,733,790

110
Kasalong Thai massage
Balance sheet
31 decemder,2012
Balance Sheet Year 1

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

-188,392

-116,350

-24,357

67,636

159,628

251,621

363,564

455,556

547,549

659,491

731,534

843,477

Total Current Asset

-188,392

-116,350

-24,357

67,636

159,628

251,621

363,564

455,556

547,549

659,491

731,534

843,477

Operating and Admin fixed asset

5,277,514

5,254,693

5,231,872

5,209,051

5,186,230

5,163,409

5,140,588

5,117,767

5,094,946

5,072,125

5,049,304

5,026,483

Total Fixed asset

5,277,514

5,254,693

5,231,872

5,209,051

5,186,230

5,163,409

5,140,588

5,117,767

5,094,946

5,072,125

5,049,304

5,026,483

Total Asset

5,089,122

5,138,343

5,207,515

5,276,686

5,345,858

5,415,030

5,504,151

5,573,323

5,642,495

5,731,616

5,780,838

5,869,959

Long Term debt

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

89,121.61

138,343.23

207,514.84

276,686.45

345,858.07

415,029.68

504,151.29

573,322.90

642,494.52

731,616.13

780,837.74

869,959.36

Owner Equity

Total Equity

89,121.61

138,343.23

207,514.84

276,686.45

345,858.07

415,029.68

504,151.29

573,322.90

642,494.52

731,616.13

780,837.74

869,959.36

Total Liability & Equity

5,089,122

5,138,343

5,207,515

5,276,686

5,345,858

5,415,030

5,504,151

5,573,323

5,642,495

5,731,616

5,780,838

5,869,959

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity

111

Kasalong Thai massage


Balance sheet
31 decemder,2013

Balance Sheet Year 2

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

1,085,548.37
1,085,548.37

1,588,733.
67
1,588,733.
67

1,853,626.
31
1,853,626.
31

2,118,518.
96
2,118,518.
96

2,383,411.
61
2,383,411.
61

2,674,904.25

Total Current Asset

1,297,241.
02
1,297,241.
02

2,939,796.
90
2,939,796.
90

3,204,689.
54
3,204,689.
54

3,469,582.
19
3,469,582.
19

3,734,474.
84
3,734,474.
84

4,025,967.
48
4,025,967.
48

Asset
Current Asset

2,674,904.25

Fixed Asset
Operating and Admin fixed asset

5,026,483

5,003,662

4,980,841

4,958,019

4,935,198

4,912,377

4,889,556

4,866,735

4,843,914

4,821,093

4,798,272

4,775,451

Total Fixed asset

5,026,483

5,003,662

4,980,841

4,958,019

4,935,198

4,912,377

4,889,556

4,866,735

4,843,914

4,821,093

4,798,272

4,775,451

Total Asset

6,112,030.97

6,300,902.
58

6,569,574.
20

6,811,645.
81

7,053,717.
42

7,295,789.
03

7,564,460.65

7,806,532.
26

8,048,603.
87

8,290,675.
49

8,532,747.
10

8,801,418.
71

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

1,112,030.97
-

1,569,574.
20
-

1,811,645.
81
-

2,053,717.
42
-

2,295,789.
03
-

2,564,460.65

Owner Equity

1,300,902.
58
-

2,806,532.
26
-

3,048,603.
87
-

3,290,675.
49
-

3,532,747.
10
-

3,801,418.
71
-

Total Equity

1,112,030.97
6,112,030.97

1,569,574.
20
6,569,574.
20

1,811,645.
81
6,811,645.
81

2,053,717.
42
7,053,717.
42

2,295,789.
03
7,295,789.
03

2,564,460.65

Total Liability & Equity

1,300,902.
58
6,300,902.
58

2,806,532.
26
7,806,532.
26

3,048,603.
87
8,048,603.
87

3,290,675.
49
8,290,675.
49

3,532,747.
10
8,532,747.
10

3,801,418.
71
8,801,418.
71

Liability & Equity


Liability

Equity

7,564,460.65

112

Kasalong Thai massage


Balance sheet
31 decemder,2014

Balance Sheet Year 3

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

4,440,939

4,770,232

5,241,274

5,679,067

6,116,860

6,554,652

6,992,445

7,463,488

7,901,280

8,339,073

8,776,866

9,247,908

Total Current Asset

4,440,939

4,770,232

5,241,274

5,679,067

6,116,860

6,554,652

6,992,445

7,463,488

7,901,280

8,339,073

8,776,866

9,247,908

Operating and Admin fixed asset

4,775,451

4,752,630

4,729,809

4,706,988

4,684,167

4,661,346

4,638,525

4,615,704

4,592,883

4,570,062

4,547,241

4,524,420

Total Fixed asset

4,775,451

4,752,630

4,729,809

4,706,988

4,684,167

4,661,346

4,638,525

4,615,704

4,592,883

4,570,062

4,547,241

4,524,420

Total Asset

9,216,390

9,522,862

9,971,084

10,386,055

10,801,027

11,215,998

11,630,970

12,079,192

12,494,163

12,909,135

13,324,106

13,772,328

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

4,216,390.33

Owner Equity

4,522,861.9
4
-

4,971,083.5
5
-

5,386,055.1
6
-

5,801,026.7
8
-

6,215,998.3
9
-

6,630,970.0
0
-

7,079,191.6
2
-

7,494,163.
23
-

7,909,134.8
4
-

8,324,106.4
6
-

8,772,328.0
7
-

Total Equity

4,216,390.33

Total Liability & Equity

9,216,390.33

4,522,861.9
4
9,522,861.9
4

4,971,083.5
5
9,971,083.5
5

5,386,055.1
6
10,386,055.
16

5,801,026.7
8
10,801,026.
78

6,215,998.3
9
11,215,998.
39

6,630,970.0
0
11,630,970.
00

7,079,191.6
2
12,079,191.
62

7,494,163.
23
12,494,163
.23

7,909,134.8
4
12,909,134.
84

8,324,106.4
6
13,324,106.
46

8,772,328.0
7
13,772,328.
07

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity

113
Kasalong Thai massage
Balance sheet
31 decemder,2015

Balance Sheet Year 4

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

9,662,880

9,992,172

10,463,215

10,867,758

11,338,800

11,776,593

12,214,386

12,685,428

13,123,221

13,561,014

13,998,806

14,436,599

Total Current Asset

9,662,880

9,992,172

10,463,215

10,867,758

11,338,800

11,776,593

12,214,386

12,685,428

13,123,221

13,561,014

13,998,806

14,436,599

Operating and Admin fixed asset

4,524,420

4,501,599

4,478,778

4,455,957

4,433,136

4,410,315

4,387,494

4,364,673

4,341,852

4,319,031

4,296,210

4,273,388

Total Fixed asset

4,524,420

4,501,599

4,478,778

4,455,957

4,433,136

4,410,315

4,387,494

4,364,673

4,341,852

4,319,031

4,296,210

4,273,388

Total Asset

14,187,300

14,493,771

14,941,993

15,323,715

15,771,936

16,186,908

16,601,879

17,050,101

17,465,073

17,880,044

18,295,016

18,709,987

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

9,187,299.6
8
-

9,493,771.2
9
-

9,941,992.9
1
-

10,323,714.
52
-

10,771,936.
13
-

11,186,907.7
5
-

11,601,879.
36
-

12,050,100.
97
-

12,465,072.
59
-

12,880,044.
20
-

13,295,015.
81
-

13,709,987.
42
-

9,187,299.6
8
14,187,299.
68

9,493,771.2
9
14,493,771.
29

9,941,992.9
1
14,941,992.
91

10,323,714.
52
15,323,714.
52

10,771,936.
13
15,771,936.
13

11,186,907.7
5
16,186,907.7
5

11,601,879.
36
16,601,879.
36

12,050,100.
97
17,050,100.
97

12,465,072.
59
17,465,072.
59

12,880,044.
20
17,880,044.
20

13,295,015.
81
18,295,015.
81

13,709,987.
42
18,709,987.
42

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

114

Kasalong Thai massage


Balance sheet
31 decemder,2016

Balance Sheet Year 5

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

14,884,821

15,289,363

15,727,156

16,164,948

16,635,991

17,040,534

17,511,576

17,982,619

18,387,162

18,858,204

19,295,997

14,733,790

Total Current Asset

14,884,821

15,289,363

15,727,156

16,164,948

16,635,991

17,040,534

17,511,576

17,982,619

18,387,162

18,858,204

19,295,997

14,733,790

Operating and Admin fixed asset

4,273,388

4,250,567

4,227,746

4,204,925

4,182,104

4,159,283

4,136,462

4,113,641

4,090,820

4,067,999

4,045,178

4,022,357

Total Fixed asset

4,273,388

4,250,567

4,227,746

4,204,925

4,182,104

4,159,283

4,136,462

4,113,641

4,090,820

4,067,999

4,045,178

4,022,357

Total Asset

19,158,209

19,539,931

19,954,902

20,369,874

20,818,095

21,199,817

21,648,039

22,096,260

22,477,982

22,926,204

23,341,175

18,756,147

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

14,158,209.
04
-

14,539,930.
65
-

14,954,902.
26
-

15,369,873.
88
-

15,818,095.
49
-

16,199,817.
10
-

16,648,038.
72
-

17,096,260.
33
-

17,477,981.
94
-

17,926,203.5
5
-

18,341,175.
17
-

18,756,146.
78
-

14,158,209.
04
19,158,209.
04

14,539,930.
65
19,539,930.
65

14,954,902.
26
19,954,902.
26

15,369,873.
88
20,369,873.
88

15,818,095.
49
20,818,095.
49

16,199,817.
10
21,199,817.
10

16,648,038.
72
21,648,038.
72

17,096,260.
33
22,096,260.
33

17,477,981.
94
22,477,981.
94

17,926,203.5
5
22,926,203.5
5

18,341,175.
17
23,341,175.
17

18,756,146.
78
18,756,146.
78

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

115

Kasalong Thai massage


Income Statement
31 decemder,2012

decrease 5%

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

731,025

676,875

703,950

703,950

703,950

703,950

731,025

703,950

703,950

731,025

676,875

731,025

8,501,550

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

650,225

596,075

623,150

623,150

623,150

623,150

650,225

623,150

623,150

650,225

596,075

650,225

7,531,950

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,537

Depreciation

22,832.93

22,832.93

22,832.93

22,832.93

22,832.93

22,832.93

22,832.93

22,832.93

22,832.93

22,832.93

22,832.93

273,995.16

Miscellaneous expenses

11,172

22,832.9
3
11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

88,842

34,692

61,767

61,767

61,767

61,767

88,842

61,767

61,767

88,842

34,692

88,842

795,349

Tax Expense 30%

26,652.48

0.00

0.00

0.00

0.00

0.00

26,652.48

0.00

0.00

26,652.48

0.00

26,652.48

106,609.91

Net income (loss) for the year

62,189.11

61,766.59

61,766.59

61,766.59

61,766.59

62,189.11

61,766.59

61,766.59

62,189.11

34,691.59

62,189.11

688,739.17

Retain Earning

62,189.11

34,691.5
9
96,880.7
0

158,647.29

220,413.8
8

282,180.4
7

343,947.0
6

406,136.1
8

467,902.77

529,669.3
6

591,858.4
7

626,550.0
6

688,739.17

688,739.17

Revenue

Operating Expense

116

Kasalong Thai massage


Income Statement
31 decemder,2013

Year 2 Income Statement


JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

938,600

866,400

974,700

938,600

938,600

938,600

974,700

938,600

938,600

938,600

938,600

974,700

11,299,300

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

857,800

785,600

893,900

857,800

857,800

857,800

893,900

857,800

857,800

857,800

857,800

893,900

10,329,700

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

22,821.0
3
11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

296,417

224,217

332,517

296,417

296,417

296,417

332,517

296,417

296,417

296,417

296,417

332,517

3,593,099

Tax Expense 30%

88,924.9
8
207,491.
61
896,230.
79

67,264.98

99,754.98

88,924.98

88,924.98

88,924.98

99,754.98

88,924.98

88,924.98

88,924.98

88,924.98

99,754.98

156,951.6
1
1,053,182.
40

232,761.6
1
1,285,944.
01

207,491.6
1
1,493,435.
62

207,491.61

207,491.61

207,491.61

207,491.61

232,761.61

1,908,418.
85

2,348,672.
08

2,556,163.
69

207,491.6
1
2,763,655.
30

207,491.61

1,700,927.
24

232,761.6
1
2,141,180.
46

2,971,146.9
2

3,203,908.
53

1,077,929.
72
2,515,169.
36
3,203,909

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

117

Kasalong Thai massage


Income Statement
31 decemder,2014
Year 3 Income Statement
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,173,250

1,026,000

1,218,375

1,173,250

1,173,250

1,173,250

1,173,250

1,218,375

1,173,250

1,173,250

1,173,250

1,218,375

14,067,125

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

1,092,450

945,200

1,137,575

1,092,450

1,092,450

1,092,450

1,092,450

1,137,575

1,092,450

1,092,450

1,092,450

1,137,575

13,097,525

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

531,067

383,817

576,192

531,067

531,067

531,067

531,067

576,192

531,067

531,067

531,067

576,192

6,360,924

Tax Expense 30%

159,319.9
8
371,746.6
1
3,575,655.
14

115,144.9
8
268,671.6
1
3,844,326.
75

172,857.48

159,319.9
8
371,746.6
1
4,619,407.
48

159,319.9
8
371,746.6
1
4,991,154.
09

159,319.98

159,319.98

371,746.61

403,334.11

5,362,900.
71

5,734,647.
32

159,319.9
8
371,746.6
1
6,881,474.
66

172,857.48

371,746.61

159,319.9
8
371,746.6
1
6,509,728.
05

159,319.98

371,746.61

172,857.4
8
403,334.1
1
6,137,981.
43

7,253,221.
27

7,656,555.
38

1,908,277.2
2
4,452,646.8
6
7,656,555.3
8

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

403,334.11
4,247,660.
87

118

Kasalong Thai massage


Income Statement
31 decemder,2015

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,173,250

1,026,000

1,218,375

1,128,125

1,218,375

1,173,250

1,173,250

1,218,375

1,173,250

1,173,250

1,173,250

1,173,250

14,022,000

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

1,092,450

945,200

1,137,575

1,047,325

1,137,575

1,092,450

1,092,450

1,137,575

1,092,450

1,092,450

1,092,450

1,092,450

13,052,400

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

531,067

383,817

576,192

485,942

576,192

531,067

531,067

576,192

531,067

531,067

531,067

531,067

6,315,799

Tax Expense 30%

159,319.9
8
371,746.6
1
8,028,302.
00

115,144.9
8
268,671.6
1
8,296,973.
61

172,857.4
8
403,334.1
1
8,700,307.
72

145,782.4
8
340,159.1
1
9,040,466.
84

172,857.48

159,319.98

159,319.98

172,857.48

159,319.98

159,319.98

159,319.98

159,319.98

403,334.11

371,746.61

371,746.61

403,334.11

371,746.61

371,746.61

371,746.61

371,746.61

9,443,800.
95

9,815,547.
56

10,187,294
.18

10,590,628
.29

10,962,374
.90

11,334,121
.51

11,705,868
.13

12,077,614
.74

1,894,739.
72
4,421,059.
36
12,077,614
.74

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

119

Kasalong Thai massage


Income Statement
31 decemder,2016

Year 5 Income Statement


JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,218,375

1,128,125

1,173,250

1,173,250

1,218,375

1,128,125

1,218,375

1,218,375

1,128,125

1,218,375

1,173,250

1,173,250

14,169,250

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

1,137,575

1,047,325

1,092,450

1,092,450

1,137,575

1,047,325

1,137,575

1,137,575

1,047,325

1,137,575

1,092,450

1,092,450

13,199,650

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

576,192

485,942

531,067

531,067

576,192

485,942

576,192

576,192

485,942

576,192

531,067

531,067

6,463,049

Tax Expense 30%

172,857.48

159,319.98

172,857.4
8
403,334.1
1
15,114,76
2.64

159,319.98

159,319.98

340,159.11

403,334.11

371,746.61

371,746.61

12,480,948
.85

172,857.4
8
403,334.1
1
14,711,42
8.53

172,857.48

Retain Earning

172,857.4
8
403,334.1
1
13,967,93
5.31

145,782.48

403,334.11

159,319.9
8
371,746.6
1
13,564,60
1.19

145,782.48

Net income (loss) for the year

145,782.4
8
340,159.1
1
12,821,10
7.97

15,454,921.
76

15,858,255.
87

16,230,002
.48

16,601,749
.10

1,938,914.
72
4,524,134.
36
16,601,749
.10

Revenue

Operating Expense

371,746.61
13,192,854.
58

340,159.11
14,308,094.
42

120

Kasalong Thai massage


Cash flow
31 decemder,2012

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Cash received on cash sale

731,025

676,875

703,950

703,950

703,950

703,950

731,025

703,950

703,950

731,025

676,875

731,025

8,501,550

Adjust depreciation

0.00

Total cash received

731,025

22,821.0
3
699,696

22,821.0
3
726,771

22,821.0
3
726,771

22,821.0
3
726,771

22,821.0
3
726,771

22,821.0
3
753,846

22,821.0
3
726,771

22,821.0
3
726,771

22,821.0
3
753,846

22,821.0
3
699,696

22,821.0
3
753,846

251,031.3
7
8,752,581

Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

26,652.48

0.00

0.00

0.00

0.00

0.00

0.00

0.00

668,836

642,183

642,183

642,183

642,183

642,183

642,183

642,183

26,652.4
8
668,836

0.00

Total cash paid

26,652.4
8
668,836

642,183

26,652.4
8
668,836

123,221.4
0
7,812,811

Net cash flow from operating activity

62,189

57,513

84,588

84,588

84,588

84,588

85,010

84,588

84,588

85,010

57,513

85,010

939,771

Cash flow from operating activity


Cash received

Cash paid

Cash flow from investment activity


Cash received
Cash received from sale
0

Cash paid investment on operating and administration

5,300,335

5,300,335

Total cash paid

5,300,335

5,300,335

Net cash flow from investment activity

Total cash received


Cash paid

121
5,300,335

5,300,335

Borrowing cash

5,000,000

5,000,000

Total cash received

5,000,000

5,000,000

Cash paid for Dividend

0.00

0.00

Total cash paid

Net cash flow from Financing activity

5,000,000

5,000,000

Net increase/ decrease in cash

-238,146

Cash flow from financing activity


Cash received

Cash paid

Beginning cash
Ending cash

-238,146

57,513

84,588

84,588

84,588

84,588

85,010

84,588

84,588

85,010

57,513

85,010

-238,146

-180,633

-96,046

-11,458

73,130

157,717

242,727

327,315

411,903

496,913

554,425

-180,633

-96,046

-11,458

73,130

157,717

242,727

327,315

411,903

496,913

554,425

639,436

639,436

122

Kasalong Thai massage


Cash flow
31 decemder,2013

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Cash received on cash sale

938,600

866,400

974,700

938,600

938,600

938,600

974,700

938,600

938,600

938,600

938,600

974,700

11,299,300

Adjust depreciation

0.00

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

251,031.37

Total cash received

938,600.0
0

889,221.0
3

997,521.0
3

961,421.0
3

961,421.0
3

961,421.0
3

997,521.0
3

961,421.0
3

961,421.0
3

961,421.0
3

961,421.0
3

997,521.0
3

11,550,331.
37

Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

88,924.98

67,264.98

99,754.98

88,924.98

88,924.98

88,924.98

99,754.98

88,924.98

88,924.98

88,924.98

88,924.98

99,754.98

Total cash paid

731,108

709,448

741,938

731,108

731,108

731,108

741,938

731,108

731,108

731,108

731,108

741,938

1,077,929.7
2
8,784,131

Net cash flow from operating activity

207,491.6
1

179,772.6
5

255,582.6
5

230,312.6
5

230,312.6
5

230,312.6
5

255,582.6
5

230,312.6
5

230,312.6
5

230,312.6
5

230,312.6
5

255,582.6
5

2,766,200.7
2

Cash flow from operating activity


Cash received

Cash paid

Cash flow from investment activity


Cash received
Cash received from sale
Total cash received
Cash paid
Cash paid investment on operating and
administration

123
-

Borrowing cash

Total cash received

Cash paid for Dividend

Total cash paid

Net cash flow from Financing


activity
Net increase/ decrease in cash

207,491.6
1
639,436

179,772.6
5
846,927.1
5
1,026,699.
80

255,582.6
5
1,026,699.
80
1,282,282.
44

230,312.6
5
1,282,282.
44
1,512,595.
09

230,312.6
5
1,512,595.
09
1,742,907.
74

230,312.6
5
1,742,907.
74
1,973,220.
38

255,582.6
5
1,973,220.
38
2,228,803.
03

230,312.6
5
2,228,803.
03
2,459,115.
68

230,312.6
5
2,459,115.
68
2,689,428.
32

230,312.6
5
2,689,428.
32
2,919,740.
97

230,312.6
5
2,919,740.
97
3,150,053.
62

255,582.6
5
3,150,053.
62
3,405,636.
26

2,766,200.7
2

Total cash paid


Net cash flow from investment
activity
Cash flow from financing activity
Cash received

Cash paid

Beginning cash
Ending cash

846,927.1
5

3,405,636.2
6

124

Kasalong Thai massage


Cash flow
31 decemder,2014

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,173,250

1,026,00
0
22,821.0
3
1,048,82
1

1,218,37
5
22,821.0
3
1,241,19
6

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,218,37
5
22,821.0
3
1,241,19
6

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,218,37
5
22,821.0
3
1,241,19
6

14,067,125

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received

1,173,250

251,031.37
14,318,156

Cash paid
Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

159,319.98
801,503

172,857.
48
815,041

159,319.
98
801,503

159,319.
98
801,503

159,319.
98
801,503

159,319.
98
801,503

172,857.
48
815,041

159,319.
98
801,503

159,319.
98
801,503

159,319.
98
801,503

172,857.
48
815,041

1,908,277.22

Total cash paid

115,144.
98
757,328

Net cash flow from operating activity

371,747

291,493

426,155

394,568

394,568

394,568

394,568

426,155

394,568

394,568

394,568

426,155

4,703,678

Cash received from sale

Total cash received

9,614,478

Cash flow from investment activity


Cash received

Cash paid

125
Cash paid investment on operating and
administration
Total cash paid

Net cash flow from investment activity

Borrowing cash

Total cash received

Cash paid for Dividend

0.00

0.00

Total cash paid

0.00

0.00

Net cash flow from Financing activity

0.000

0.000

Net increase/ decrease in cash

371,747

291,493

426,155

394,568

394,568

394,568

394,568

426,155

394,568

394,568

394,568

426,155

4,703,678

Beginning cash

3,405,636.2
6
3,777,383

3,777,38
3
4,068,87
6

4,068,87
6
4,495,03
1

4,495,03
1
4,889,59
8

4,889,59
8
5,284,16
6

5,284,16
6
5,678,73
4

5,678,73
4
6,073,30
1

6,073,30
1
6,499,45
6

6,499,45
6
6,894,02
4

6,894,02
4
7,288,59
2

7,288,59
2
7,683,15
9

7,683,15
9
8,109,31
4

Cash flow from financing activity


Cash received

Cash paid

Ending cash

8,109,314

126
Kasalong Thai massage
Cash flow
31 decemder,2015

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,173,250

1,026,00
0
22,821.0
3
1,048,82
1

1,218,37
5
22,821.0
3
1,241,19
6

1,128,12
5
22,821.0
3
1,150,94
6

1,218,37
5
22,821.0
3
1,241,19
6

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,218,37
5
22,821.0
3
1,241,19
6

1,173,250

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

14,022,000

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received

1,173,250

22,821.03
1,196,071

251,031.37
14,273,031

Cash paid
Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

159,319.98

Total cash paid

801,503

115,144.
98
757,328

172,857.
48
815,041

145,782.
48
787,966

172,857.
48
815,041

159,319.
98
801,503

159,319.
98
801,503

172,857.
48
815,041

159,319.9
8
801,503

159,319.
98
801,503

159,319.
98
801,503

159,319.
98
801,503

1,894,739.7
2
9,600,941

Net cash flow from operating activity

371,747

291,493

426,155

362,980

426,155

394,568

394,568

426,155

394,568

394,568

394,568

394,568

4,672,091

Cash flow from investment activity

Cash received

Cash received from sale

Total cash received

Cash paid investment on operating and


administration
Total cash paid

Net cash flow from investment activity

Cash paid

127

Cash flow from financing activity


Cash received
Borrowing cash

Total cash received

Cash paid for Dividend

0.00

0.00

Total cash paid

0.00

0.00

Net cash flow from Financing activity

0.00

0.00

Net increase/ decrease in cash

371,747

291,493

426,155

362,980

426,155

394,568

394,568

426,155

394,568

394,568

394,568

394,568

4,672,091

Beginning cash

8,109,314

Ending cash

8,481,061

8,481,06
1
8,772,55
4

8,772,55
4
9,198,70
9

9,198,70
9
9,561,68
9

9,561,68
9
9,987,84
4

9,987,84
4
10,382,4
12

10,382,4
12
10,776,9
79

10,776,9
79
11,203,1
35

11,203,13
5
11,597,70
2

11,597,7
02
11,992,2
70

11,992,2
70
12,386,8
38

12,386,8
38
12,781,4
05

Cash paid

12,781,405

128
Kasalong Thai massage
Cash flow
31 decemder,2016

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,218,375

1,128,12
5
22,821.0
3
1,150,94
6

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

1,218,37
5
22,821.0
3
1,241,19
6

1,128,12
5
22,821.0
3
1,150,94
6

1,218,37
5
22,821.0
3
1,241,19
6

1,218,37
5
22,821.0
3
1,241,19
6

1,128,12
5
22,821.0
3
1,150,94
6

1,218,37
5
22,821.0
3
1,241,19
6

1,173,25
0
22,821.0
3
1,196,07
1

1,173,25
0
22,821.0
3
1,196,07
1

14,169,250

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received

1,218,375

251,031.37
14,420,281

Cash paid
Cash paid for cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

172,857.48

Total cash paid

815,041

145,782.
48
787,966

159,319.
98
801,503

159,319.
98
801,503

172,857.
48
815,041

145,782.
48
787,966

172,857.
48
815,041

172,857.
48
815,041

145,782.
48
787,966

172,857.
48
815,041

159,319.
98
801,503

159,319.
98
801,503

1,938,914.7
2
1,196,071

Net cash flow from operating activity

403,334

362,980

394,568

394,568

426,155

362,980

426,155

426,155

362,980

426,155

394,568

394,568

4,775,166

Cash flow from investment activity

Cash received

Cash received from sale

Total cash received

Cash paid investment on operating and


administration
Total cash paid

Net cash flow from investment activity

Cash paid

129

Cash flow from financing activity


Cash received
Borrowing cash

Total cash received

Cash paid for Dividend

0.00

0.00

Total cash paid

0.00

Net cash flow from Financing activity

0.00

Net increase/ decrease in cash

403,334

362,980

394,568

394,568

426,155

362,980

426,155

426,155

362,980

426,155

394,568

Beginning cash

12,781,405

Ending cash

13,184,739

13,184,7
39
13,547,7
19

13,547,7
19
13,942,2
87

13,942,2
87
14,336,8
55

14,336,8
55
14,763,0
10

14,763,0
10
15,125,9
90

15,125,9
90
15,552,1
45

15,552,1
45
15,978,3
00

15,978,3
00
16,341,2
80

16,341,2
80
16,767,4
36

16,767,4
36
17,162,0
03

5,000,00
0
5,000,00
0
5,000,00
0
4,605,43
2
17,162,0
03
12,556,5
71

Cash paid

0.00
0.00

-224,834

12,556,571

130

Kasalong Thai massage


Balance Sheet
31 decemder,2012

Balance Sheet Year 1

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

-238,146

-180,633

-96,046

-11,458

73,130

157,717

242,727

327,315

411,903

496,913

554,425

639,436

Total Current Asset

-238,146

-180,633

-96,046

-11,458

73,130

157,717

242,727

327,315

411,903

496,913

554,425

639,436

Operating and Admin fixed asset

5,300,335

Total Fixed asset

5,300,335

5,277,513.9
7
5,277,514

5,254,692.9
3
5,254,693

5,231,871.9
0
5,231,872

5,209,050.8
7
5,209,051

5,186,229.8
3
5,186,230

5,163,408.8
0
5,163,409

5,140,587.7
7
5,140,588

5,117,766.7
3
5,117,767

5,094,945.7
0
5,094,946

5,072,124.6
7
5,072,125

5,049,303.6
3
5,049,304

Total Asset

5,062,189

5,096,881

5,158,647

5,220,414

5,282,180

5,343,947

5,406,136

5,467,903

5,529,669

5,591,858

5,626,550

5,688,739

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

62,189.11

96,880.70

158,647.29

220,413.88

282,180.47

343,947.06

406,136.18

467,902.77

529,669.36

591,858.47

626,550.06

688,739.17

Owner Equity

Total Equity

62,189.11

96,880.70

158,647.29

220,413.88

282,180.47

343,947.06

406,136.18

467,902.77

529,669.36

591,858.47

626,550.06

688,739.17

Total Liability & Equity

5,062,189.11

5,096,880.7
0

5,158,647.2
9

5,220,413.8
8

5,282,180.4
7

5,343,947.0
6

5,406,136.1
8

5,467,902.7
7

5,529,669.3
6

5,591,858.4
7

5,626,550.0
6

5,688,739.1
7

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity

131
Kasalong Thai massage
Balance Sheet
31 decemder,2013

Fixed Asset
Operating and Admin fixed asset

5,049,303.6
3
5,049,303.6
3
5,896,230.7
9

5,026,482.6
0
5,026,482.6
0
6,053,182.4
0

5,003,661.5
7
5,003,661.5
7
6,285,944.0
1

4,980,840.5
3
4,980,840.5
3
6,493,435.6
2

4,958,019.5
0
4,958,019.5
0
6,700,927.2
4

4,935,198.4
7
4,935,198.4
7
6,908,418.8
5

4,912,377.4
3
4,912,377.4
3
7,141,180.4
6

4,889,556.4
0
4,889,556.4
0
7,348,672.0
8

4,866,735.3
7
4,866,735.3
7
7,556,163.6
9

4,843,914.3
3
4,843,914.3
3
7,763,655.3
0

4,821,093.3
0
4,821,093.3
0
7,971,146.9
2

4,798,272.2
7
4,798,272.2
7
8,203,908.5
3

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

896,230.79

Owner Equity

1,053,182.4
0
-

1,285,944.0
1
-

1,493,435.6
2
-

1,700,927.2
4
-

1,908,418.8
5
-

2,141,180.4
6
-

2,348,672.0
8
-

2,556,163.6
9
-

2,763,655.3
0
-

2,971,146.9
2
-

3,203,908.5
3
-

Total Equity

896,230.79

Total Liability & Equity

5,896,230.7
9

1,053,182.4
0
6,053,182.4
0

1,285,944.0
1
6,285,944.0
1

1,493,435.6
2
6,493,435.6
2

1,700,927.2
4
6,700,927.2
4

1,908,418.8
5
6,908,418.8
5

2,141,180.4
6
7,141,180.4
6

2,348,672.0
8
7,348,672.0
8

2,556,163.6
9
7,556,163.6
9

2,763,655.3
0
7,763,655.3
0

2,971,146.9
2
7,971,146.9
2

3,203,908.5
3
8,203,908.5
3

Total Fixed asset


Total Asset

Liability & Equity


Liability

Equity

132
Kasalong Thai massage
Balance Sheet
31 decemder,2014

Balance Sheet Year 3

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

3,777,383

4,068,876

4,495,031

4,889,598

5,284,166

5,678,734

6,073,301

6,499,456

6,894,024

7,288,592

7,683,159

8,109,314

Total Current Asset

3,777,383

4,068,876

4,495,031

4,889,598

5,284,166

5,678,734

6,073,301

6,499,456

6,894,024

7,288,592

7,683,159

8,109,314

4,798,272.2
7
4,798,272.2
7
8,575,655.1
4

4,775,451.
23
4,775,451.
23
8,844,326.
75

4,752,630.
20
4,752,630.
20
9,247,660.
87

4,729,809.
17
4,729,809.
17
9,619,407.
48

4,706,988.
13
4,706,988.
13
9,991,154.
09

4,684,167.1
0
4,684,167.1
0
10,362,900.
71

4,661,346.07

4,638,525.03

4,615,704.00

4,570,061.93

4,661,346.07

4,638,525.03

4,615,704.00

10,734,647.32

11,137,981.4
3

11,509,728.0
5

4,592,882.9
7
4,592,882.9
7
11,881,474.
66

12,253,221.2
7

4,547,240.9
0
4,547,240.9
0
12,656,555.
38

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

3,575,655.1
4
-

3,844,326.
75
-

4,247,660.
87
-

4,619,407.
48
-

4,991,154.
09
-

5,362,900.7
1
-

5,734,647.32

6,137,981.43

6,509,728.05

7,253,221.27

6,881,474.6
6
-

7,656,555.3
8
-

3,575,655.1
4
8,575,655.1
4

3,844,326.
75
8,844,326.
75

4,247,660.
87
9,247,660.
87

4,619,407.
48
9,619,407.
48

4,991,154.
09
9,991,154.
09

5,362,900.7
1
10,362,900.
71

5,734,647.32

6,137,981.43

6,509,728.05

7,253,221.27

10,734,647.32

11,137,981.4
3

11,509,728.0
5

6,881,474.6
6
11,881,474.
66

Asset
Current Asset

Fixed Asset
Operating and Admin fixed asset
Total Fixed asset
Total Asset

4,570,061.93

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

12,253,221.2
7

7,656,555.3
8
12,656,555.
38

133

Kasalong Thai massage


Balance Sheet
31 decemder,2015
Balance Sheet Year 4

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

8,481,061

8,772,554

9,198,709

9,561,689

9,987,844

10,382,412

10,776,979

11,203,135

11,597,702

11,992,270

12,386,838

12,781,405

Total Current Asset

8,481,061

8,772,554

9,198,709

9,561,689

9,987,844

10,382,412

10,776,979

11,203,135

11,597,702

11,992,270

12,386,838

12,781,405

Operating and Admin fixed


asset
Total Fixed asset

4,547,240.90

Total Asset

13,028,302.00

4,524,419.8
7
4,524,419.8
7
13,296,973.
61

4,501,598.8
3
4,501,598.8
3
13,700,307.
72

4,478,777.8
0
4,478,777.8
0
14,040,466.
84

4,455,956.7
7
4,455,956.7
7
14,443,800.
95

4,433,135.7
3
4,433,135.7
3
14,815,547.
56

4,410,314.7
0
4,410,314.7
0
15,187,294.
18

4,387,493.
67
4,387,493.
67
15,590,628
.29

4,364,672.6
3
4,364,672.6
3
15,962,374.
90

4,341,851.6
0
4,341,851.6
0
16,334,121.
51

4,319,030.
57
4,319,030.
57
16,705,868
.13

4,296,209.5
3
4,296,209.5
3
17,077,614.
74

Asset
Current Asset

Fixed Asset

4,547,240.90

Liability & Equity


Liability
Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

8,028,302.00

Owner Equity

8,296,973.6
1
-

8,700,307.7
2
-

9,040,466.8
4
-

9,443,800.9
5
-

9,815,547.5
6
-

10,187,294.
18
-

10,590,628
.29
-

10,962,374.
90
-

11,334,121.
51
-

11,705,868
.13
-

12,077,614.
74
-

Total Equity

8,028,302.00

Total Liability & Equity

13,028,302.00

8,296,973.6
1
13,296,973.
61

8,700,307.7
2
13,700,307.
72

9,040,466.8
4
14,040,466.
84

9,443,800.9
5
14,443,800.
95

9,815,547.5
6
14,815,547.
56

10,187,294.
18
15,187,294.
18

10,590,628
.29
15,590,628
.29

10,962,374.
90
15,962,374.
90

11,334,121.
51
16,334,121.
51

11,705,868
.13
16,705,868
.13

12,077,614.
74
17,077,614.
74

Equity

134
Kasalong Thai massage
Balance Sheet
31 decemder,2016

Balance Sheet Year 5

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

13,184,739

13,547,719

13,942,287

14,336,855

14,763,010

15,125,990

15,552,145

15,978,300

16,341,280

16,767,436

17,162,003

12,556,571

Total Current Asset

13,184,739

13,547,719

13,942,287

14,336,855

14,763,010

15,125,990

15,552,145

15,978,300

16,341,280

16,767,436

17,162,003

12,556,571

Operating and Admin fixed asset

4,296,210

4,273,388.50

Total Fixed asset

4,296,210

4,273,389

4,250,567.4
7
4,250,567

4,227,746.4
3
4,227,746

4,204,925.4
0
4,204,925

4,182,104.3
7
4,182,104

4,159,283.3
3
4,159,283

4,136,462.3
0
4,136,462

4,113,641.2
7
4,113,641

4,090,820.2
3
4,090,820

4,067,999.2
0
4,067,999

4,045,178.1
7
4,045,178

Total Asset

17,480,949

17,821,108

18,192,855

18,564,601

18,967,935

19,308,094

19,711,429

20,114,763

20,454,922

20,858,256

21,230,002

16,601,749

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

12,480,948.
85
-

12,821,107.9
7
-

13,192,854.
58
-

13,564,601.
19
-

13,967,935.
31
-

14,308,094.
42
-

14,711,428.
53
-

15,114,762.
64
-

15,454,921.
76
-

15,858,255.
87
-

16,230,002.
48
-

16,601,749.
10
-

12,480,948.
85
17,480,948.
85

12,821,107.9
7
17,821,107.9
7

13,192,854.
58
18,192,854.
58

13,564,601.
19
18,564,601.
19

13,967,935.
31
18,967,935.
31

14,308,094.
42
19,308,094.
42

14,711,428.
53
19,711,428.
53

15,114,762.
64
20,114,762.
64

15,454,921.
76
20,454,921.
76

15,858,255.
87
20,858,255.
87

16,230,002.
48
21,230,002.
48

16,601,749.
10
16,601,749.
10

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

135

Kasalong Thai massage


Income Statement
31 decemder,2012

decrease 10 %

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

692,550

641,250

666,900

666,900

666,900

666,900

692,550

666,900

666,900

692,550

641,250

692,550

8,054,100

Cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

611,750

560,450

586,100

586,100

586,100

586,100

611,750

586,100

586,100

611,750

560,450

611,750

7,084,500

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,537

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

273,852.4
0
134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

50,367

-933

24,717

24,717

24,717

24,717

50,367

24,717

24,717

50,367

-933

50,367

347,899

Tax Expense 30%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Net income (loss) for the year

50,366.59

-933.41

24,716.59

24,716.59

24,716.59

24,716.59

50,366.59

24,716.59

24,716.59

50,366.59

-933.41

50,366.59

Retain Earning

50,366.59

49,433.18

74,149.77

98,866.36

123,582.9
5

148,299.54

198,666.1
3

223,382.72

248,099.31

298,465.9
0

297,532.4
9

347,899.08

347,899.0
8
347,899.0
8

Revenue

Operating Expense

136

Kasalong Thai massage


Income Statement
31 decemder,2013

Year 2 Income Statement


JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

889,200

820,800

923,400

889,200

889,200

889,200

923,400

889,200

889,200

889,200

889,200

923,400

10,704,600

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

808,400

740,000

842,600

808,400

808,400

808,400

842,600

808,400

808,400

808,400

808,400

842,600

9,735,000

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

22,821.0
3
11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

247,017

178,617

281,217

247,017

247,017

247,017

281,217

247,017

247,017

247,017

247,017

281,217

2,998,399

Tax Expense 30%

74,104.98

84,364.98

74,104.98

74,104.98

74,104.98

84,364.98

74,104.98

74,104.98

74,104.98

74,104.98

84,364.98

899,519.72

Net income (loss) for the year

172,911.6
1
520,810.6
9

53,584.9
8
125,031.
61
645,842.
31

196,851.6
1
842,693.9
2

172,911.61

172,911.6
1
1,188,517.
15

172,911.6
1
1,361,428.
76

196,851.61

172,911.6
1
1,731,191.
98

172,911.6
1
1,904,103.
60

172,911.61

172,911.61

196,851.61

2,077,015.
21

2,249,926.
82

2,446,778.
44

2,098,879.3
6
2,446,778.4
4

Revenue

Operating Expense

Retain Earning

1,015,605.5
3

1,558,280.
37

137

Kasalong Thai massage


Income Statement
31 decemder,2014
Year 3 Income Statement
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,111,500

972,000

1,154,250

1,111,500

1,111,500

1,111,500

1,111,500

1,154,250

1,111,500

1,111,500

1,111,500

1,154,250

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

13,326,75
0
969,600

Gross Income

1,030,700

891,200

1,073,450

1,030,700

1,030,700

1,030,700

1,030,700

1,073,450

1,030,700

1,030,700

1,030,700

1,073,450

12,357,15
0

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

273,852.4
0
134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

469,317

329,817

512,067

469,317

469,317

469,317

469,317

512,067

469,317

469,317

469,317

512,067

5,620,549

Tax Expense 30%

140,794.9
8
328,521.6
1
2,775,300.
05

98,944.98

153,619.98

140,794.98

140,794.98

140,794.98

358,446.61

328,521.61

328,521.61

328,521.61

3,006,171.
66

3,364,618.
28

4,021,661.
50

4,350,183.1
1

4,678,704.
73

153,619.9
8
358,446.6
1
5,037,151.
34

140,794.9
8
328,521.6
1
5,365,672.
95

140,794.9
8
328,521.6
1
5,694,194.
57

140,794.98

230,871.61

140,794.9
8
328,521.6
1
3,693,139.
89

153,619.9
8
358,446.6
1
6,381,162.
79

1,686,164.
72
3,934,384.
36
6,381,162.
79

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

328,521.61
6,022,716.
18

138
Kasalong Thai massage
Income Statement
31 decemder,2015

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,111,500

972,000

1,154,250

1,068,750

1,154,250

1,111,500

1,111,500

1,154,250

1,111,500

1,111,500

1,111,500

1,111,500

13,284,000

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

1,030,700

891,200

1,073,450

987,950

1,073,450

1,030,700

1,030,700

1,073,450

1,030,700

1,030,700

1,030,700

1,030,700

12,314,400

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

469,317

329,817

512,067

426,567

512,067

469,317

469,317

512,067

469,317

469,317

469,317

469,317

5,577,799

Tax Expense 30%

140,794.9
8
328,521.6
1
6,709,684
.41

98,944.98

153,619.98

127,969.98

358,446.61

298,596.61

7,299,002.
63

7,597,599.
24

140,794.9
8
328,521.6
1
8,284,567
.47

140,794.9
8
328,521.6
1
8,613,089
.08

153,619.9
8
358,446.6
1
8,971,535
.70

140,794.9
8
328,521.6
1
9,300,057
.31

140,794.9
8
328,521.6
1
9,628,578
.92

140,794.9
8
328,521.6
1
9,957,100
.54

140,794.98

230,871.6
1
6,940,556
.02

153,619.9
8
358,446.6
1
7,956,045.
86

1,673,339.
72
3,904,459.
36
10,285,622
.15

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

328,521.61
10,285,622
.15

139

Kasalong Thai massage


Income Statement
31 decemder,2016

Year 5 Income Statement


JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,154,250

1,068,750

1,111,500

1,111,500

1,154,250

1,068,750

1,154,250

1,154,250

1,068,750

1,154,250

1,111,500

1,111,500

13,423,500

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

1,073,450

987,950

1,030,700

1,030,700

1,073,450

987,950

1,073,450

1,073,450

987,950

1,073,450

1,030,700

1,030,700

12,453,900

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

512,067

426,567

469,317

469,317

512,067

426,567

512,067

512,067

426,567

512,067

469,317

469,317

5,717,299

Tax Expense 30%

153,619.9
8
358,446.6
1
10,644,06
8.76

127,969.98

140,794.98

140,794.98

153,619.98

127,969.98

153,619.98

153,619.98

328,521.61

328,521.61

358,446.61

298,596.61

358,446.61

358,446.61

10,942,665.
37

11,271,186
.99

11,599,708
.60

11,958,155
.21

12,256,751
.83

12,615,198.
44

12,973,645
.05

153,619.9
8
358,446.6
1
13,630,68
8.28

140,794.98

298,596.61

127,969.9
8
298,596.6
1
13,272,24
1.67

140,794.9
8
328,521.6
1
14,287,73
1.50

1,715,189.
72
4,002,109.
36
14,287,731
.50

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

328,521.61
13,959,209
.89

140

Kasalong Thai massage


Cash Flow
31 decemder,2012

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

692,550

641,250

666,900

666,900

666,900

666,900

692,550

666,900

666,900

692,550

641,250

692,550

8,054,100

22,821.03

22,821.0
3
689,721

22,821.0
3
689,721

22,821.0
3
715,371

22,821.0
3
689,721

22,821.0
3
689,721

22,821.0
3
715,371

22,821.0
3
664,071

251,031.37

689,721

22,821.0
3
689,721

22,821.03

692,550

22,821.0
3
664,071

715,371

8,305,131

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total cash paid

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

7,706,201

Net cash flow from operating activity

50,367

21,888

47,538

47,538

47,538

47,538

73,188

47,538

47,538

73,188

21,888

73,188

598,930

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received
Cash paid

Cash flow from investment activity


Cash received
Cash received from sale
Total cash received

Cash paid
Cash paid investment on operating and
administration
Total cash paid

5,300,33
5
5,300,33
5

5,300,335
5,300,335

141
5,300,33
5

-5,300,335

5,000,00
0
5,000,00
0

5,000,000

Total cash paid

Net cash flow from Financing activity

5,000,00
0
-249,968

5,000,000

Net cash flow from investment activity

Cash flow from financing activity


Cash received
Borrowing cash
Total cash received

5,000,000

Cash paid
Cash paid for interest

Net increase/ decrease in cash


Beginning cash
Ending cash

-249,968

21,888

47,538

47,538

47,538

47,538

73,188

47,538

47,538

73,188

21,888

73,188

-249,968

-228,081

-180,543

-133,006

-85,468

-37,930

35,257

82,795

130,333

203,520

225,408

-228,081

-180,543

-133,006

-85,468

-37,930

35,257

82,795

130,333

203,520

225,408

298,595

298,595

142

Kasalong Thai massage


Cash Flow
31 decemder,2013
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

889,200

820,800

923,400

889,200

889,200

889,200

923,400

889,200

889,200

889,200

889,200

923,400

10,704,600

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

251,031.37

889,200.0
0

843,621.0
3

946,221.0
3

912,021.0
3

912,021.0
3

912,021.0
3

946,221.0
3

912,021.0
3

912,021.0
3

912,021.0
3

912,021.0
3

946,221.0
3

10,955,631
.37

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

74,104.98

53,584.98

84,364.98

74,104.98

74,104.98

74,104.98

84,364.98

74,104.98

74,104.98

74,104.98

74,104.98

84,364.98

899,519.72

Total cash paid

716,288

695,768

726,548

716,288

716,288

716,288

726,548

716,288

716,288

716,288

716,288

726,548

8,605,721

Net cash flow from operating activity

172,911.6
1

147,852.6
5

219,672.6
5

195,732.6
5

195,732.6
5

195,732.6
5

219,672.6
5

195,732.6
5

195,732.6
5

195,732.6
5

195,732.6
5

219,672.6
5

2,349,910.
72

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received
Cash paid

Cash flow from investment activity


Cash received
Cash received from sale
Total cash received
Cash paid
Cash paid investment on operating and
administration
Total cash paid

143
0

Borrowing cash

Total cash received

Cash paid for interest

0.00

Total cash paid

0.00

Net cash flow from Financing activity

Net increase/ decrease in cash

172,911.6
1
298,595

147,852.6
5
471,507.0
6
619,359.7
1

219,672.6
5
619,359.7
1
839,032.3
5

195,732.6
5
839,032.3
5
1,034,765.
00

195,732.6
5
1,034,765
.00
1,230,497
.65

195,732.6
5
1,230,497
.65
1,426,230
.29

219,672.6
5
1,426,230.
29
1,645,902.
94

195,732.6
5
1,645,902.
94
1,841,635.
58

195,732.6
5
1,841,635
.58
2,037,368
.23

195,732.6
5
2,037,368
.23
2,233,100
.88

195,732.6
5
2,233,100.
88
2,428,833.
52

219,672.6
5
2,428,833
.52
2,648,506
.17

2,648,506.
17

Net cash flow from investment activity

Cash flow from financing activity


Cash received

Cash paid

Beginning cash
Ending cash

471,507.0
6

144

Kasalong Thai massage


Cash Flow
31 decemder,2014
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,111,500

972,000

1,154,25
0
22,821.0
3
1,177,07
1

1,111,500

1,111,500
22,821.03

1,134,321

1,134,321

1,111,50
0
22,821.0
3
1,134,32
1

1,154,25
0
22,821.0
3
1,177,07
1

1,111,50
0
22,821.0
3
1,134,32
1

1,111,50
0
22,821.0
3
1,134,32
1

1,111,50
0
22,821.0
3
1,134,32
1

1,154,25
0
22,821.0
3
1,177,07
1

13,326,750

22,821.03

1,111,50
0
22,821.0
3
1,134,32
1

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation

22,821.03

251,031.37

1,111,500

994,821

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

140,794.98

98,944.98

Total cash paid

782,978

741,128

153,619.
98
795,803

140,794.9
8
782,978

140,794.9
8
782,978

140,794.
98
782,978

140,794.
98
782,978

153,619.
98
795,803

140,794.
98
782,978

140,794.
98
782,978

140,794.
98
782,978

153,619.
98
795,803

1,686,164.7
2
9,392,366

Net cash flow from operating activity

328,522

253,693

381,268

351,343

351,343

351,343

351,343

381,268

351,343

351,343

351,343

381,268

4,185,416

Cash received from sale

Total cash received

Total cash received

13,577,781

Cash paid

Cash flow from investment activity


Cash received

Cash paid
Cash paid investment on operating and
administration
Total cash paid

145
0

Borrowing cash

Total cash received

Cash paid for interest

0.00

0.00

Total cash paid

0.00

0.00

Net cash flow from Financing activity

0.00

0.00

Net increase/ decrease in cash

328,522

253,693

381,268

351,343

351,343

351,343

351,343

381,268

351,343

351,343

351,343

381,268

4,185,416

Beginning cash

2,648,506.1
7
2,977,028

2,977,028

3,230,72
0
3,611,98
8

3,611,988

3,963,331

3,963,331

4,314,673

4,314,67
3
4,666,01
6

4,666,01
6
5,017,35
9

5,017,35
9
5,398,62
6

5,398,62
6
5,749,96
9

5,749,96
9
6,101,31
2

6,101,31
2
6,452,65
4

6,452,65
4
6,833,92
2

Net cash flow from investment activity

Cash flow from financing activity


Cash received

Cash paid

Ending cash

3,230,720

6,833,922

146
Kasalong Thai massage
Cash Flow
31 decemder,2015

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,111,500

972,000

1,154,25
0
22,821.0
3
1,177,07
1

1,068,75
0
22,821.0
3
1,091,57
1

1,154,25
0
22,821.0
3
1,177,07
1

1,111,50
0
22,821.0
3
1,134,32
1

1,111,50
0
22,821.0
3
1,134,32
1

1,154,250

1,111,50
0
22,821.0
3
1,134,32
1

1,111,50
0
22,821.0
3
1,134,32
1

1,111,500

1,111,50
0
22,821.0
3
1,134,32
1

13,284,000

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation

22,821.03

22,821.03

1,134,321

251,031.37

1,111,500

994,821

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

140,794.98

98,944.98

Total cash paid

782,978

741,128

153,619.
98
795,803

127,969.
98
770,153

153,619.
98
795,803

140,794.
98
782,978

140,794.
98
782,978

153,619.9
8
795,803

140,794.
98
782,978

140,794.
98
782,978

140,794.9
8
782,978

140,794.
98
782,978

1,673,339.7
2
9,379,541

Net cash flow from operating activity

328,522

253,693

381,268

321,418

381,268

351,343

351,343

381,268

351,343

351,343

351,343

351,343

4,155,491

Cash flow from investment activity

Cash received

Cash received from sale

Total cash received

Cash paid investment on operating and


administration
Total cash paid

Net cash flow from investment activity

Total cash received

1,177,071

22,821.03

13,535,031

Cash paid

Cash paid

147

Cash flow from financing activity


Cash received
Borrowing cash

Total cash received

Cash paid for interest

0.00

0.00

Total cash paid

0.00

0.00

Net cash flow from Financing activity

0.00

0.00

Net increase/ decrease in cash

328,522

253,693

381,268

321,418

381,268

351,343

351,343

381,268

351,343

351,343

351,343

351,343

4,155,491

Beginning cash

6,833,922

7,162,444

7,162,444

7,416,136

7,797,40
4
8,118,82
1

8,118,82
1
8,500,08
9

8,500,08
9
8,851,43
2

8,851,43
2
9,202,77
4

9,202,774

Ending cash

7,416,13
6
7,797,40
4

9,584,04
2
9,935,38
5

9,935,38
5
10,286,7
27

10,286,72
7
10,638,07
0

10,638,0
70
10,989,4
13

Cash paid

9,584,042

10,989,413

148

Kasalong Thai massage


Cash Flow
31 decemder,2016

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,154,250

1,068,75
0
22,821.0
3
1,091,57
1

1,111,50
0
22,821.0
3
1,134,32
1

1,111,50
0
22,821.0
3
1,134,32
1

1,154,25
0
22,821.0
3
1,177,07
1

1,068,75
0
22,821.0
3
1,091,57
1

1,154,25
0
22,821.0
3
1,177,07
1

1,154,25
0
22,821.0
3
1,177,07
1

1,068,75
0
22,821.0
3
1,091,57
1

1,154,25
0
22,821.0
3
1,177,07
1

1,111,500

1,111,50
0
22,821.0
3
1,134,32
1

13,423,500

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received

1,154,250

22,821.03
1,134,321

251,031.37
13,674,531

Cash paid
Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

153,619.98

Total cash paid

795,803

127,969.
98
770,153

140,794.
98
782,978

140,794.
98
782,978

153,619.
98
795,803

127,969.
98
770,153

153,619.
98
795,803

153,619.
98
795,803

127,969.
98
770,153

153,619.
98
795,803

140,794.9
8
782,978

140,794.
98
782,978

1,715,189.7
2
9,421,391

Net cash flow from operating activity

358,447

321,418

351,343

351,343

381,268

321,418

381,268

381,268

321,418

381,268

351,343

351,343

4,253,141

Cash flow from investment activity

Cash received

Cash received from sale

Total cash received

Cash paid
Cash paid investment on operating and
administration

149
Total cash paid

Net cash flow from investment activity

Borrowing cash

Total cash received

Cash paid for interest

0.00

0.00

Total cash paid

0.00

Net cash flow from Financing activity

0.00

Net increase/ decrease in cash

358,447

321,418

351,343

351,343

381,268

321,418

381,268

381,268

321,418

381,268

351,343

Beginning cash

10,989,413

Ending cash

11,347,859

11,347,8
59
11,669,2
77

11,669,2
77
12,020,6
20

12,020,6
20
12,371,9
62

12,371,9
62
12,753,2
30

12,753,2
30
13,074,6
47

13,074,6
47
13,455,9
15

13,455,9
15
13,837,1
83

13,837,1
83
14,158,6
00

14,158,6
00
14,539,8
68

14,539,86
8
14,891,21
1

5,000,00
0
5,000,00
0
5,000,00
0
4,648,65
7
14,891,2
11
10,242,5
53

Cash flow from financing activity


Cash received

Cash paid

0.00
0.00

-746,859

10,242,553

150

Kasalong Thai massage


Balance Sheet
31 decemder,2012
Balance Sheet Year 1

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

-249,968

-228,081

-180,543

-133,006

-85,468

-37,930

35,257

82,795

130,333

203,520

225,408

298,595

Total Current Asset

-249,968

-228,081

-180,543

-133,006

-85,468

-37,930

35,257

82,795

130,333

203,520

225,408

298,595

Operating and Admin fixed asset

5,300,335

5,277,513.97

5,231,871.90

Total Fixed asset

5,300,335

5,277,514

5,254,692.9
3
5,254,693

5,231,872

5,209,050.8
7
5,209,051

5,186,229.8
3
5,186,230

5,163,408.8
0
5,163,409

5,140,587.7
7
5,140,588

5,117,766.7
3
5,117,767

5,094,945.7
0
5,094,946

5,072,124.6
7
5,072,125

5,049,303.6
3
5,049,304

Total Asset

5,050,367

5,049,433

5,074,150

5,098,866

5,123,583

5,148,300

5,198,666

5,223,383

5,248,099

5,298,466

5,297,532

5,347,899

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

50,366.59

49,433.18

74,149.77

98,866.36

123,582.95

148,299.54

198,666.13

223,382.72

248,099.31

298,465.90

297,532.49

347,899.08

Owner Equity

Total Equity

50,366.59

49,433.18

74,149.77

98,866.36

123,582.95

148,299.54

198,666.13

223,382.72

248,099.31

298,465.90

297,532.49

347,899.08

Total Liability & Equity

5,050,366.5
9

5,049,433.18

5,074,149.7
7

5,098,866.36

5,123,582.9
5

5,148,299.5
4

5,198,666.1
3

5,223,382.7
2

5,248,099.3
1

5,298,465.9
0

5,297,532.4
9

5,347,899.0
8

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity

151

Kasalong Thai massage


Balance Sheet
31 decemder,2013

Balance Sheet Year 2

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

471,507.06

619,359.71

839,032.35

Total Current Asset

471,507.06

619,359.71

839,032.35

1,034,765.0
0
1,034,765.0
0

1,230,497.6
5
1,230,497.6
5

1,426,230.2
9
1,426,230.2
9

1,645,902.9
4
1,645,902.9
4

1,841,635.5
8
1,841,635.5
8

2,037,368.2
3
2,037,368.2
3

2,233,100.8
8
2,233,100.8
8

2,428,833.5
2
2,428,833.5
2

2,648,506.1
7
2,648,506.1
7

Operating and Admin fixed asset

5,049,304

5,026,482.6

5,003,661.6

4,980,840.5

4,958,019.5

4,935,198.5

4,912,377.4

4,889,556.4

4,866,735.4

4,843,914.3

4,821,093.3

4,798,272.3

Total Fixed asset

5,049,304

5,026,483

5,003,662

4,980,841

4,958,020

4,935,198

4,912,377

4,889,556

4,866,735

4,843,914

4,821,093

4,798,272

Total Asset

5,520,810.69

5,645,842.3
1

5,842,693.9
2

6,015,605.5
3

6,188,517.1
5

6,361,428.7
6

6,558,280.3
7

6,731,191.9
8

6,904,103.6
0

7,077,015.2
1

7,249,926.8
2

7,446,778.4
4

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

520,810.69

645,842.31

842,693.92

Owner Equity

1,015,605.5
3
-

1,188,517.1
5
-

1,361,428.7
6
-

1,558,280.3
7
-

1,731,191.9
8
-

1,904,103.6
0
-

2,077,015.2
1
-

2,249,926.8
2
-

2,446,778.4
4
-

Total Equity

520,810.69

645,842.31

842,693.92

Total Liability & Equity

5,520,810.69

5,645,842.3
1

5,842,693.9
2

1,015,605.5
3
6,015,605.5
3

1,188,517.1
5
6,188,517.1
5

1,361,428.7
6
6,361,428.7
6

1,558,280.3
7
6,558,280.3
7

1,731,191.9
8
6,731,191.9
8

1,904,103.6
0
6,904,103.6
0

2,077,015.2
1
7,077,015.2
1

2,249,926.8
2
7,249,926.8
2

2,446,778.4
4
7,446,778.4
4

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity

152

Kasalong Thai massage


Balance Sheet
31 decemder,2014
Balance Sheet Year 3

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

2,977,028

3,230,720

3,611,988

3,963,331

4,314,673

4,666,016

5,017,359

5,398,626

5,749,969

6,101,312

6,452,654

6,833,922

Total Current Asset

2,977,028

3,230,720

3,611,988

3,963,331

4,314,673

4,666,016

5,017,359

5,398,626

5,749,969

6,101,312

6,452,654

6,833,922

Operating and Admin fixed


asset
Total Fixed asset

4,798,272

4,752,630.
20
4,752,630

4,729,809.
17
4,729,809

4,706,988.1
3
4,706,988

4,684,167.
10
4,684,167

4,661,346.0
7
4,661,346

4,638,525.0
3
4,638,525

4,615,704.00

4,592,882.97

4,570,061.93

4,547,240.90

4,798,272

4,775,451.
23
4,775,451

4,615,704

4,592,883

4,570,062

4,547,241

Total Asset

7,775,300

8,006,172

8,364,618

8,693,140

9,021,662

9,350,183

9,678,705

10,037,151

10,365,673

10,694,195

11,022,716

11,381,163

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

2,775,300.0
5
-

3,006,171.
66
-

3,364,618.
28
-

3,693,139.
89
-

4,021,661.5
0
-

4,350,183.
11
-

4,678,704.7
3
-

5,037,151.3
4
-

5,365,672.95

5,694,194.57

6,022,716.18

6,381,162.79

2,775,300.0
5
7,775,300.0
49

3,006,171.
66
8,006,171.
662

3,364,618.
28
8,364,618.
275

3,693,139.
89
8,693,139.
888

4,021,661.5
0
9,021,661.5
01

4,350,183.
11
9,350,183.
114

4,678,704.7
3
9,678,704.7
27

5,037,151.3
4
10,037,151.
340

5,365,672.95

5,694,194.57

6,022,716.18

6,381,162.79

10,365,672.9
53

10,694,194.5
66

11,022,716.1
79

11,381,162.7
92

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

153

Kasalong Thai massage


Balance Sheet
31 decemder,2015

Balance Sheet Year 4

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

7,162,444

7,416,136

7,797,404

8,118,821

8,500,089

8,851,432

9,202,774

9,584,042

9,935,385

10,286,727

10,638,070

10,989,413

Total Current Asset

7,162,444

7,416,136

7,797,404

8,118,821

8,500,089

8,851,432

9,202,774

9,584,042

9,935,385

10,286,727

10,638,070

10,989,413

Operating and Admin fixed asset

4,547,241

Total Fixed asset

4,547,240.90

Total Asset

11,709,684.4
1

4,524,419.8
7
4,524,419.8
7
11,940,556.
02

4,501,598.8
3
4,501,598.8
3
12,299,002.
63

4,478,777.8
0
4,478,777.8
0
12,597,599.
24

4,455,956.7
7
4,455,956.7
7
12,956,045.
86

4,433,135.7
3
4,433,135.7
3
13,284,567.
47

4,410,314.7
0
4,410,314.7
0
13,613,089.
08

4,387,493.6
7
4,387,493.6
7
13,971,535.
70

4,364,672.6
3
4,364,672.6
3
14,300,057.
31

4,341,851.6
0
4,341,851.6
0
14,628,578.
92

4,319,030.5
7
4,319,030.5
7
14,957,100.
54

4,296,209.5
3
4,296,209.5
3
15,285,622.
15

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

6,709,684.41

Owner Equity

6,940,556.0
2
-

7,299,002.6
3
-

7,597,599.2
4
-

7,956,045.8
6
-

8,284,567.4
7
-

8,613,089.0
8
-

8,971,535.7
0
-

9,300,057.3
1
-

9,628,578.9
2
-

9,957,100.5
4
-

10,285,622.
15
-

Total Equity

6,709,684.41

Total Liability & Equity

11,709,684.4
1

6,940,556.0
2
11,940,556.
02

7,299,002.6
3
12,299,002.
63

7,597,599.2
4
12,597,599.
24

7,956,045.8
6
12,956,045.
86

8,284,567.4
7
13,284,567.
47

8,613,089.0
8
13,613,089.
08

8,971,535.7
0
13,971,535.
70

9,300,057.3
1
14,300,057.
31

9,628,578.9
2
14,628,578.
92

9,957,100.5
4
14,957,100.
54

10,285,622.
15
15,285,622.
15

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity

154

Kasalong Thai massage


Balance Sheet
31 decemder,2016
Balance Sheet Year 5

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

11,347,859

11,669,277

12,020,620

12,371,962

12,753,230

13,074,647

13,455,915

13,837,183

14,158,600

14,539,868

14,891,211

10,242,553

Total Current Asset

11,347,859

11,669,277

12,020,620

12,371,962

12,753,230

13,074,647

13,455,915

13,837,183

14,158,600

14,539,868

14,891,211

10,242,553

4,296,209.5
3
4,296,209.5
3
15,644,068.
76

4,273,388.5
0
4,273,388.5
0
15,942,665.
37

4,250,567.4
7
4,250,567.4
7
16,271,186.
99

4,227,746.4
3
4,227,746.4
3
16,599,708.
60

4,204,925.4
0
4,204,925.4
0
16,958,155.
21

4,182,104.3
7
4,182,104.3
7
17,256,751.
83

4,159,283.3
3
4,159,283.3
3
17,615,198.
44

4,136,462.3
0
4,136,462.3
0
17,973,645.
05

4,113,641.2
7
4,113,641.2
7
18,272,241.
67

4,090,820.2
3
4,090,820.2
3
18,630,688.
28

4,067,999.2
0
4,067,999.2
0
18,959,209.
89

4,045,178.1
7
4,045,178.1
7
14,287,731.
50

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

10,644,068.
76
-

10,942,665.
37
-

11,271,186.
99
-

11,599,708.
60
-

11,958,155.
21
-

12,256,751.
83
-

12,615,198.
44
-

12,973,645.
05
-

13,272,241.
67
-

13,630,688.
28
-

13,959,209.
89
-

14,287,731.
50
-

10,644,068.
76
15,644,068.
76

10,942,665.
37
15,942,665.
37

11,271,186.
99
16,271,186.
99

11,599,708.
60
16,599,708.
60

11,958,155.
21
16,958,155.
21

12,256,751.
83
17,256,751.
83

12,615,198.
44
17,615,198.
44

12,973,645.
05
17,973,645.
05

13,272,241.
67
18,272,241.
67

13,630,688.
28
18,630,688.
28

13,959,209.
89
18,959,209.
89

14,287,731.
50
14,287,731.
50

Asset
Current Asset

Fixed Asset
Operating and Admin fixed asset
Total Fixed asset
Total Asset

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

155

Kasalong Thai massage


Income Statement
31 decemder,2012
decrease 15%

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

654,075

605,625

629,850

629,850

629,850

629,850

654,075

629,850

629,850

654,075

605,625

654,075

7,606,650

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

573,275

524,825

549,050

549,050

549,050

549,050

573,275

549,050

549,050

573,275

524,825

573,275

6,637,050

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,537

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

273,852.4
0
134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

11,892

-36,558

-12,333

-12,333

-12,333

-12,333

11,892

-12,333

-12,333

11,892

-36,558

11,892

-99,551

Tax Expense 30%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Net income (loss) for the year

11,891.59

-36,558.41

-12,333.41

-12,333.41

-12,333.41

11,891.59

-12,333.41

-12,333.41

11,891.59

11,891.59

-24,666.82

-37,000.23

-49,333.64

-61,667.05

-62,108.87

-74,442.28

-86,775.69

-74,884.10

36,558.41
111,442.5
1

11,891.59

Retain Earning

12,333.41
74,000.46

99,550.92
99,550.92

Revenue

Operating Expense

-99,550.92

156
Kasalong Thai massage
Income Statement
31 decemder,2013

Year 2 Income Statement


JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

839,800

775,200

872,100

839,800

839,800

839,800

872,100

839,800

839,800

839,800

839,800

872,100

10,109,900

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

759,000

694,400

791,300

759,000

759,000

759,000

791,300

759,000

759,000

759,000

759,000

791,300

9,140,300

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

197,617

133,017

229,917

197,617

197,617

197,617

229,917

197,617

197,617

197,617

197,617

229,917

2,403,699

Tax Expense 30%

59,284.98

39,904.98

68,974.98

59,284.98

59,284.98

59,284.98

68,974.98

59,284.98

59,284.98

59,284.98

59,284.98

68,974.98

721,109.72

Net income (loss) for the year

138,331.6
1
38,780.69

93,111.61

160,941.6
1
292,833.9
2

138,331.6
1
431,165.5
3

138,331.6
1
569,497.1
5

138,331.61

160,941.6
1
868,770.3
7

138,331.61

138,331.61

138,331.61

160,941.61

1,007,101.
98

1,145,433.6
0

1,283,765.
21

138,331.6
1
1,422,096.
82

1,682,589.3
6
1,583,038.4
4

Revenue

Operating Expense

Retain Earning

131,892.3
1

707,828.76

1,583,038.
44

157

Kasalong Thai massage


Income Statement
31 decemder,2014

Year 3 Income Statement


JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,049,750

918,000

1,090,125

1,049,750

1,049,750

1,049,750

1,049,750

1,090,125

1,049,750

1,049,750

1,049,750

1,090,125

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

12,586,37
5
969,600

Gross Income

968,950

837,200

1,009,325

968,950

968,950

968,950

968,950

1,009,325

968,950

968,950

968,950

1,009,325

11,616,77
5

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

273,852.4
0
134,064

Total Operating Expense

561,383

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

6,987,632

Income before interest & tax

407,567

252,996

425,121

384,746

384,746

384,746

384,746

425,121

384,746

384,746

384,746

425,121

4,629,143

Tax Expense 30%

122,269.98

75,898.67

127,536.17

115,423.67

127,536.17

115,423.67

177,096.89

297,584.39

269,321.89

297,584.39

269,321.89

Retain Earning

1,868,335.
05

2,045,431.
94

2,343,016.
33

3,420,303.
89

3,717,888.
28

3,987,210.
17

115,423.6
7
269,321.8
9
4,256,532.
06

115,423.67

285,296.61

115,423.6
7
269,321.8
9
3,150,982.
00

115,423.67

Net income (loss) for the year

115,423.6
7
269,321.8
9
2,612,338.
22

127,536.1
7
297,584.3
9
4,823,438.
34

1,388,742.
81
3,240,399.
90
4,823,438.
34

Revenue

Operating Expense

269,321.89
2,881,660.
11

269,321.89
4,525,853.
95

158
Kasalong Thai massage
Income Statement
31 decemder,2015
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,049,750

918,000

1,090,125

1,009,375

1,090,125

1,049,750

1,049,750

1,090,125

1,049,750

1,049,750

1,049,750

1,049,750

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

12,546,00
0
969,600

Gross Income

968,950

837,200

1,009,325

928,575

1,009,325

968,950

968,950

1,009,325

968,950

968,950

968,950

968,950

11,576,40
0

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

273,852.4
0
134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

407,567

275,817

447,942

367,192

447,942

407,567

407,567

447,942

407,567

407,567

407,567

407,567

4,839,799

Tax Expense 30%

122,269.9
8
285,296.6
1
5,108,734
.95

82,744.98

134,382.4
8
313,559.1
1
5,615,365
.67

110,157.4
8
257,034.1
1
5,872,399.
79

134,382.4
8
313,559.1
1
6,185,958
.90

122,269.9
8
285,296.6
1
6,471,255.
51

122,269.9
8
285,296.6
1
6,756,552.
13

134,382.4
8
313,559.1
1
7,070,111
.24

122,269.9
8
285,296.6
1
7,355,407.
85

122,269.9
8
285,296.6
1
7,640,704
.47

122,269.9
8
285,296.6
1
7,926,001.
08

122,269.9
8
285,296.6
1
8,211,297.
69

1,451,939.
72
3,387,859.
36
8,211,297.
69

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

193,071.6
1
5,301,806.
56

159
Kasalong Thai massage
Income Statement
31 decemder,2016
Year 5 Income Statement
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

Sales

1,090,125

1,009,375

1,049,750

1,049,750

1,090,125

1,009,375

1,090,125

1,090,125

1,009,375

1,090,125

1,049,750

1,049,750

12,677,750

Cost of raw matiral

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Gross Income

1,009,325

928,575

968,950

968,950

1,009,325

928,575

1,009,325

1,009,325

928,575

1,009,325

968,950

968,950

11,708,150

General & Administration

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

543,500

6,522,000

Utility expenses

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

6,711.41

80,536.92

Depreciation

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

273,852.40

Miscellaneous expenses

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

11,172

134,064

Total Operating Expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Income before interest & tax

447,942

367,192

407,567

407,567

447,942

367,192

447,942

447,942

367,192

447,942

407,567

407,567

4,971,549

Tax Expense 30%

134,382.4
8
313,559.1
1
8,524,856
.80

110,157.4
8
257,034.1
1
8,781,890
.92

122,269.9
8
285,296.6
1
9,067,187
.53

122,269.9
8
285,296.6
1
9,352,484
.14

134,382.4
8
313,559.1
1
9,666,043.
26

110,157.4
8
257,034.1
1
9,923,077
.37

134,382.48

134,382.48

110,157.48

134,382.48

122,269.98

122,269.98

313,559.11

313,559.11

257,034.11

313,559.11

285,296.61

285,296.61

10,236,636.
48

10,550,195.
60

10,807,229.
71

11,120,788
.82

11,406,085
.43

11,691,382
.05

1,491,464.7
2
3,480,084.3
6
11,691,382.
05

Revenue

Operating Expense

Net income (loss) for the year


Retain Earning

160

Kasalong Thai massage


Cash flow
31 decemder,2012
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

654,075

605,625

629,850

629,850

629,850

629,850

654,075

629,850

629,850

654,075

605,625

654,075

7,606,650

22,821.0
3
652,671

22,821.0
3
652,671

22,821.03

22,821.03

652,671

652,671

22,821.0
3
676,896

22,821.0
3
652,671

22,821.0
3
652,671

22,821.0
3
676,896

22,821.0
3
628,446

22,821.03

654,075

22,821.0
3
628,446

676,896

251,031.3
7
7,857,681

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total cash paid

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

642,183

7,706,201

Net cash flow from operating activity

11,892

-13,737

10,488

10,488

10,488

10,488

34,713

10,488

10,488

34,713

-13,737

34,713

151,480

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received
Cash paid

Cash flow from investment activity


Cash received
Cash received from sale
Total cash received

5,300,33
5
5,300,33
5
5,300,33
5

5,300,335

Cash paid
Cash paid investment on operating and
administration
Total cash paid
Net cash flow from investment activity

5,300,335
-5,300,335

161

Cash flow from financing activity


Cash received
Borrowing cash

5,000,00
0
5,000,00
0

5,000,000

Total cash paid

Net cash flow from Financing activity

5,000,00
0
-288,443

5,000,000

Total cash received

5,000,000

Cash paid
Cash paid for interest

Net increase/ decrease in cash


Beginning cash
Ending cash

-288,443

-13,737

10,488

10,488

10,488

10,488

34,713

10,488

10,488

34,713

-13,737

34,713

-288,443

-302,181

-291,693

-281,206

-270,718

-260,230

-225,518

-215,030

-204,542

-169,830

-183,567

-302,181

-291,693

-281,206

-270,718

-260,230

-225,518

-215,030

-204,542

-169,830

-183,567

-148,855

-148,855

162

Kasalong Thai massage


Cash flow
31 decemder,2013
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

839,800

775,200

872,100

839,800

839,800

839,800

872,100

839,800

839,800

839,800

839,800

872,100

10,109,900

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

862,621.0
3

862,621.0
3

894,921.0
3

862,621.0
3

862,621.0
3

862,621.0
3

22,821.0
3
894,921.
03

251,031.37

862,621.0
3

22,821.0
3
862,621.
03

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
839,800.0
0

798,021.0
3

22,821.0
3
894,921.
03

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

59,284.98

39,904.98

59,284.98

59,284.98

59,284.98

68,974.98

59,284.98

59,284.98

682,088

701,468

701,468

701,468

711,158

701,468

701,468

701,468

68,974.9
8
711,158

721,109.72

701,468

59,284.9
8
701,468

59,284.98

Total cash paid

68,974.9
8
711,158

Net cash flow from operating activity

138,331.6
1

115,932.6
5

183,762.
65

161,152.6
5

161,152.6
5

161,152.6
5

183,762.6
5

161,152.6
5

161,152.6
5

161,152.
65

161,152.6
5

183,762.
65

1,933,620.7
2

Total cash received

10,360,931.
37

Cash paid

8,427,311

Cash flow from investment activity


Cash received
Cash received from sale
Total cash received
Cash paid
Cash paid investment on operating and
administration
Total cash paid
Net cash flow from investment activity

163

Cash flow from financing activity


Cash received
Borrowing cash

Total cash received

Cash paid for interest

0.00

Total cash paid

0.00

Net cash flow from Financing activity

Net increase/ decrease in cash

138,331.6
1
-148,855

115,932.6
5
10,522.94
105,409.7
1

183,762.
65
105,409.
71
289,172.
35

161,152.6
5
289,172.3
5
450,325.0
0

161,152.6
5
450,325.0
0
611,477.6
4

161,152.6
5
611,477.6
4
772,630.2
9

183,762.6
5
772,630.2
9
956,392.9
4

161,152.6
5
956,392.9
4
1,117,545
.58

161,152.6
5
1,117,545.
58
1,278,698.
23

161,152.
65
1,278,69
8.23
1,439,85
0.88

161,152.6
5
1,439,850
.88
1,601,003
.52

183,762.
65
1,601,00
3.52
1,784,76
6.17

1,784,766.1
7

Cash paid

Beginning cash
Ending cash

10,522.94

164

Kasalong Thai massage


Cash flow
31 decemder,2014
JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,049,750

918,000

1,090,125

1,049,750

1,049,750

1,049,750

1,049,750

1,090,125

1,049,750

1,049,750

1,049,750

1,090,125

12,586,375

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

22,821.03

251,031.37

1,049,750

22,821.0
3
940,821

1,112,946

1,072,571

1,072,571

1,072,571

1,072,571

1,112,946

1,072,571

1,072,571

1,072,571

1,112,946

12,837,406

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

584,204

6,987,632

Cash paid for income tax

122,269.98

Total cash paid

764,453

75,898.6
7
740,903

127,536.1
7
792,541

115,423.6
7
780,428

115,423.6
7
780,428

115,423.6
7
780,428

115,423.6
7
780,428

127,536.1
7
792,541

115,423.6
7
780,428

115,423.6
7
780,428

115,423.6
7
780,428

127,536.1
7
792,541

1,388,742.
81
9,345,975

Net cash flow from operating activity

285,297

199,918

320,405

292,143

292,143

292,143

292,143

320,405

292,143

292,143

292,143

320,405

3,491,431

Cash received from sale

Total cash received

Cash paid investment on operating and


administration
Total cash paid

Net cash flow from investment activity

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received
Cash paid

Cash flow from investment activity


Cash received

Cash paid

165
Cash flow from financing activity
Cash received
Borrowing cash

Total cash received

Cash paid for interest

0.00

Total cash paid

0.00

Net cash flow from Financing activity

0.00

Net increase/ decrease in cash

285,297

199,918

320,405

292,143

292,143

292,143

292,143

320,405

292,143

292,143

292,143

320,405

3,491,431

Beginning cash

1,784,766.1
7
2,070,063

2,070,06
3
2,269,98
1

2,269,981

2,590,386

2,882,529

3,174,672

3,466,815

3,758,958

4,079,363

4,371,506

4,663,649

4,955,792

2,590,386

2,882,529

3,174,672

3,466,815

3,758,958

4,079,363

4,371,506

4,663,649

4,955,792

5,276,197

Cash paid

Ending cash

5,276,197

166

Kasalong Thai massage


Cash flow
31 decemder,2015

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,049,750

918,000

1,090,125

1,090,125

1,049,750

22,821.03

22,821.03

22,821.03

1,049,750

940,821

1,112,946

1,112,946

1,072,571

1,049,75
0
22,821.0
3
1,072,57
1

1,090,12
5
22,821.0
3
1,112,94
6

1,049,75
0
22,821.0
3
1,072,57
1

1,049,75
0
22,821.0
3
1,072,57
1

1,049,75
0
22,821.0
3
1,072,57
1

1,049,750

22,821.03

1,009,37
5
22,821.0
3
1,032,19
6

12,546,00
0
251,031.3
7
12,797,03
1

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

122,269.98

82,744.98

Total cash paid

764,453

724,928

134,382.4
8
776,566

110,157.
48
752,341

134,382.4
8
776,566

122,269.9
8
764,453

122,269.
98
764,453

134,382.
48
776,566

122,269.
98
764,453

122,269.
98
764,453

122,269.
98
764,453

122,269.9
8
764,453

1,451,939.
72
9,158,141

Net cash flow from operating activity

285,297

215,893

336,380

279,855

336,380

308,118

308,118

336,380

308,118

308,118

308,118

308,118

3,638,891

Cash flow from investment activity

Cash received

Cash received from sale

Total cash received

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation
Total cash received

22,821.03
1,072,571

Cash paid

Cash paid
Cash paid investment on operating and
administration

167
Total cash paid

Net cash flow from investment activity

Borrowing cash

Total cash received

Cash paid for interest

0.00

Total cash paid

0.00

Net cash flow from Financing activity

0.00

Net increase/ decrease in cash

285,297

215,893

336,380

279,855

336,380

308,118

308,118

336,380

308,118

308,118

308,118

308,118

3,638,891

Beginning cash

5,276,197

5,561,494

5,777,387

6,393,622

6,730,002

5,561,494

5,777,387

6,113,767

6,730,002

7,038,120

7,038,12
0
7,346,23
7

7,346,23
7
7,682,61
8

7,682,61
8
7,990,73
5

7,990,73
5
8,298,85
3

8,298,85
3
8,606,97
1

8,606,971

Ending cash

6,113,76
7
6,393,62
2

Cash flow from financing activity


Cash received

Cash paid

8,915,088

8,915,088

168

Kasalong Thai massage


Cash flow
31 decemder,2016

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Total

1,090,125

1,009,375

1,049,75
0
22,821.0
3
1,072,57
1

1,049,75
0
22,821.0
3
1,072,57
1

1,090,12
5
22,821.0
3
1,112,94
6

1,009,37
5
22,821.0
3
1,032,19
6

1,090,125

1,090,12
5
22,821.0
3
1,112,94
6

1,009,37
5
22,821.0
3
1,032,19
6

1,090,125

1,049,750

12,677,750

22,821.03

22,821.03

1,112,946

1,072,571

1,049,75
0
22,821.0
3
1,072,57
1

Cash flow from operating activity


Cash received
Cash received on cash sale
Adjust depreciation

22,821.03

22,821.03

1,090,125

1,032,196

Cash paid for cost of good sold

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

80,800

969,600

Cash paid for operating expense

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

561,383

6,736,601

Cash paid for income tax

134,382.48

Total cash paid

776,566

110,157.4
8
752,341

122,269.
98
764,453

122,269.
98
764,453

134,382.
48
776,566

110,157.
48
752,341

134,382.4
8
776,566

134,382.
48
776,566

110,157.
48
752,341

134,382.4
8
776,566

122,269.9
8
764,453

122,269.
98
764,453

1,491,464.
72
9,197,666

Net cash flow from operating activity

313,559

279,855

308,118

308,118

336,380

279,855

336,380

336,380

279,855

336,380

308,118

308,118

3,731,116

Cash flow from investment activity

Cash received

Cash received from sale

Total cash received

Total cash received

1,112,946

251,031.37
12,928,781

Cash paid

Cash paid
Cash paid investment on operating and
administration
Total cash paid

169
0

Borrowing cash

Total cash received

Cash paid for interest

0.00

Total cash paid

0.00

Net cash flow from Financing activity

0.00

Net increase/ decrease in cash

313,559

279,855

308,118

308,118

336,380

279,855

336,380

336,380

279,855

336,380

308,118

Beginning cash

8,915,088

9,228,647

Ending cash

9,228,647

9,508,502

9,508,50
2
9,816,62
0

9,816,62
0
10,124,7
38

10,124,7
38
10,461,1
18

10,461,1
18
10,740,9
73

10,740,97
3
11,077,35
3

11,077,3
53
11,413,7
33

11,413,7
33
11,693,5
88

11,693,58
8
12,029,96
9

12,029,96
9
12,338,08
6

5,000,00
0
5,000,00
0
5,000,00
0
5,308,11
8
12,338,0
86
17,646,2
04

Net cash flow from investment activity

Cash flow from financing activity


Cash received

Cash paid

8,731,116

17,646,204

170

Kasalong Thai massage


Balance Sheet
31 decemder,2012

Balance Sheet Year 1

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

-288,443

-302,181

-291,693

-281,206

-270,718

-260,230

-225,518

-215,030

-204,542

-169,830

-183,567

-148,855

Total Current Asset

-288,443

-302,181

-291,693

-281,206

-270,718

-260,230

-225,518

-215,030

-204,542

-169,830

-183,567

-148,855

Operating and Admin fixed asset

5,300,335

Total Fixed asset

5,300,335

5,277,513.9
7
5,277,514

5,254,692.9
3
5,254,693

5,231,871.9
0
5,231,872

5,209,050.8
7
5,209,051

5,186,229.8
3
5,186,230

5,163,408.8
0
5,163,409

5,140,587.7
7
5,140,588

5,117,766.7
3
5,117,767

5,094,945.7
0
5,094,946

5,072,124.6
7
5,072,125

5,049,303.6
3
5,049,304

Total Asset

5,011,892

4,975,333

4,963,000

4,950,666

4,938,333

4,926,000

4,937,891

4,925,558

4,913,224

4,925,116

4,888,557

4,900,449

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Retain Earning

11,891.59

-24,666.82

-37,000.23

-49,333.64

-61,667.05

-74,000.46

-62,108.87

-74,442.28

-86,775.69

-74,884.10

-111,442.51

-99,550.92

Owner Equity

Total Equity

11,891.59

-24,666.82

-37,000.23

-49,333.64

-61,667.05

-74,000.46

-62,108.87

-74,442.28

-86,775.69

-74,884.10

-111,442.51

-99,550.92

Total Liability & Equity

5,011,891.5
9

4,975,333.1
8

4,962,999.7
7

4,950,666.3
6

4,938,332.9
5

4,925,999.5
4

4,937,891.1
3

4,925,557.7
2

4,913,224.3
1

4,925,115.9
0

4,888,557.4
9

4,900,449.0
8

Asset
Current Asset

Fixed Asset

Liability & Equity


Liability

Equity

171
Kasalong Thai massage
Balance Sheet
31 decemder,2013

Balance Sheet Year 2

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

-10,522.94

105,409.71

289,172.35

450,325.00

611,477.64

772,630.29

956,392.94

Total Current Asset

-10,522.94

105,409.71

289,172.35

450,325.00

611,477.64

772,630.29

956,392.94

1,117,545.5
8
1,117,545.5
8

1,278,698.2
3
1,278,698.2
3

1,439,850.8
8
1,439,850.8
8

1,601,003.5
2
1,601,003.5
2

1,784,766.1
7
1,784,766.1
7

5,049,303.6
3
5,049,303.6
3
5,038,780.6
9

5,026,482.6
0
5,026,482.6
0
5,131,892.3
1

5,003,661.5
7
5,003,661.5
7
5,292,833.9
2

4,980,840.5
3
4,980,840.5
3
5,431,165.5
3

4,958,019.5
0
4,958,019.5
0
5,569,497.1
5

4,935,198.4
7
4,935,198.4
7
5,707,828.7
6

4,912,377.4
3
4,912,377.4
3
5,868,770.3
7

4,889,556.4
0
4,889,556.4
0
6,007,101.9
8

4,866,735.3
7
4,866,735.3
7
6,145,433.6
0

4,843,914.3
3
4,843,914.3
3
6,283,765.2
1

4,821,093.3
0
4,821,093.3
0
6,422,096.8
2

4,798,272.2
7
4,798,272.2
7
6,583,038.4
4

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

Retain Earning

38,780.69

131,892.31

292,833.92

431,165.53

569,497.15

707,828.76

868,770.37

Owner Equity

1,007,101.9
8
-

1,145,433.6
0
-

1,283,765.2
1
-

1,422,096.8
2
-

1,583,038.4
4
-

Total Equity

38,780.69

131,892.31

292,833.92

431,165.53

569,497.15

707,828.76

868,770.37

Total Liability & Equity

5,038,780.6
9

5,131,892.3
1

5,292,833.9
2

5,431,165.5
3

5,569,497.1
5

5,707,828.7
6

5,868,770.3
7

1,007,101.9
8
6,007,101.9
8

1,145,433.6
0
6,145,433.6
0

1,283,765.2
1
6,283,765.2
1

1,422,096.8
2
6,422,096.8
2

1,583,038.4
4
6,583,038.4
4

Asset
Current Asset

Fixed Asset
Operating and Admin fixed asset
Total Fixed asset
Total Asset

Liability & Equity


Liability
Long Term note payable
Other
Total Liability
Equity

172

Kasalong Thai massage


Balance Sheet
31 decemder,2014
Balance Sheet Year 3

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

2,070,063

2,269,981

2,590,386

2,882,529

3,174,672

3,466,815

3,758,958

4,079,363

4,371,506

4,663,649

4,955,792

5,276,197

Total Current Asset

2,070,063

2,269,981

2,590,386

2,882,529

3,174,672

3,466,815

3,758,958

4,079,363

4,371,506

4,663,649

4,955,792

5,276,197

4,798,272.2
7
4,798,272.2
7
6,868,335.0
5

4,775,451.2
3
4,775,451.2
3
7,045,431.9
4

4,752,630.2
0
4,752,630.2
0
7,343,016.3
3

4,729,809.1
7
4,729,809.1
7
7,612,338.2
2

4,706,988.1
3
4,706,988.1
3
7,881,660.1
1

4,684,167.1
0
4,684,167.1
0
8,150,982.0
0

4,661,346.0
7
4,661,346.0
7
8,420,303.8
9

4,638,525.0
3
4,638,525.0
3
8,717,888.2
8

4,615,704.0
0
4,615,704.0
0
8,987,210.1
7

4,592,882.9
7
4,592,882.9
7
9,256,532.0
6

4,570,061.9
3
4,570,061.9
3
9,525,853.9
5

4,547,240.9
0
4,547,240.9
0
9,823,438.3
4

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

1,868,335.0
5
-

2,045,431.9
4
-

2,343,016.3
3
-

2,612,338.2
2
-

2,881,660.1
1
-

3,150,982.0
0
-

3,420,303.8
9
-

3,717,888.2
8
-

3,987,210.1
7
-

4,256,532.0
6
-

4,525,853.9
5
-

4,823,438.3
4
-

1,868,335.0
5
6,868,335.0
5

2,045,431.9
4
7,045,431.9
4

2,343,016.3
3
7,343,016.3
3

2,612,338.2
2
7,612,338.2
2

2,881,660.1
1
7,881,660.1
1

3,150,982.0
0
8,150,982.0
0

3,420,303.8
9
8,420,303.8
9

3,717,888.2
8
8,717,888.2
8

3,987,210.1
7
8,987,210.1
7

4,256,532.0
6
9,256,532.0
6

4,525,853.9
5
9,525,853.9
5

4,823,438.3
4
9,823,438.3
4

Asset
Current Asset

Fixed Asset
Operating and Admin fixed asset
Total Fixed asset
Total Asset

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

173

Kasalong Thai massage


Balance Sheet
31 decemder,2015
Balance Sheet Year 4

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

5,561,494.0
5
5,561,494.0
5

5,777,386.6
9
5,777,386.6
9

6,113,766.8
4
6,113,766.8
4

6,393,621.9
9
6,393,621.9
9

6,730,002.1
3
6,730,002.1
3

7,038,119.7
8
7,038,119.7
8

7,346,237.4
3
7,346,237.4
3

7,682,617.5
7
7,682,617.5
7

7,990,735.2
2
7,990,735.2
2

8,298,852.8
7
8,298,852.8
7

8,606,970.5
1
8,606,970.5
1

8,915,088.1
6
8,915,088.1
6

4,547,240.9
0
4,547,240.9
0
10,108,734.
95

4,524,419.8
7
4,524,419.8
7
10,301,806.
56

4,501,598.8
3
4,501,598.8
3
10,615,365.
67

4,478,777.8
0
4,478,777.8
0
10,872,399.
79

4,455,956.7
7
4,455,956.7
7
11,185,958.
90

4,433,135.7
3
4,433,135.7
3
11,471,255.
51

4,410,314.7
0
4,410,314.7
0
11,756,552.
13

4,387,493.6
7
4,387,493.6
7
12,070,111.
24

4,364,672.6
3
4,364,672.6
3
12,355,407.
85

4,341,851.6
0
4,341,851.6
0
12,640,704.
47

4,319,030.5
7
4,319,030.5
7
12,926,001.
08

4,296,209.5
3
4,296,209.5
3
13,211,297.
69

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0
-

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,000,000.0
0

5,108,734.9
5
-

5,301,806.5
6
-

5,615,365.6
7
-

5,872,399.7
9
-

6,185,958.9
0
-

6,471,255.5
1
-

6,756,552.1
3
-

7,070,111.2
4
-

7,355,407.8
5
-

7,640,704.4
7
-

7,926,001.0
8
-

8,211,297.6
9
-

5,108,734.9
5
10,108,734.
95

5,301,806.5
6
10,301,806.
56

5,615,365.6
7
10,615,365.
67

5,872,399.7
9
10,872,399.
79

6,185,958.9
0
11,185,958.
90

6,471,255.5
1
11,471,255.
51

6,756,552.1
3
11,756,552.
13

7,070,111.2
4
12,070,111.
24

7,355,407.8
5
12,355,407.
85

7,640,704.4
7
12,640,704.
47

7,926,001.0
8
12,926,001.
08

8,211,297.6
9
13,211,297.
69

Asset
Current Asset
Cash
Total Current Asset
Fixed Asset
Operating and Admin fixed asset
Total Fixed asset
Total Asset

Liability & Equity


Liability
Long Term note payable
Other
Total Liability
Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

174
Kasalong Thai massage
Balance Sheet
31 decemder,2016

Balance Sheet Year 5

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Cash

9,228,647

9,508,502

9,816,620

10,124,738

10,461,118

10,740,973

11,077,353

11,413,733

11,693,588

12,029,969

12,338,086

17,646,204

Total Current Asset

9,228,647

9,508,502

9,816,620

10,124,738

10,461,118

10,740,973

11,077,353

11,413,733

11,693,588

12,029,969

12,338,086

17,646,204

4,296,209.5
3
4,296,209.5
3
13,524,856.
80

4,273,388.5
0
4,273,388.5
0
13,781,890.
92

4,250,567.4
7
4,250,567.4
7
14,067,187.
53

4,227,746.4
3
4,227,746.4
3
14,352,484.
14

4,204,925.4
0
4,204,925.4
0
14,666,043.
26

4,182,104.3
7
4,182,104.3
7
14,923,077.
37

4,159,283.3
3
4,159,283.3
3
15,236,636.
48

4,136,462.3
0
4,136,462.3
0
15,550,195.
60

4,113,641.2
7
4,113,641.2
7
15,807,229.
71

4,090,820.2
3
4,090,820.2
3
16,120,788.
82

4,067,999.2
0
4,067,999.2
0
16,406,085.
43

4,045,178.1
7
4,045,178.1
7
21,691,382.
05

Long Term note payable

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

Other

Total Liability

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

5,000,000

8,524,856.8
0
-

8,781,890.9
2
-

9,067,187.5
3
-

9,352,484.1
4
-

9,666,043.2
6
-

9,923,077.3
7
-

10,236,636.
48
-

10,550,195.
60
-

10,807,229.
71
-

11,120,788.
82
-

11,406,085.
43
-

11,691,382.
05
-

8,524,856.8
0
13,524,856.
80

8,781,890.9
2
13,781,890.
92

9,067,187.5
3
14,067,187.
53

9,352,484.1
4
14,352,484.
14

9,666,043.2
6
14,666,043.
26

9,923,077.3
7
14,923,077.
37

10,236,636.
48
15,236,636.
48

10,550,195.
60
15,550,195.
60

10,807,229.
71
15,807,229.
71

11,120,788.
82
16,120,788.
82

11,406,085.
43
16,406,085.
43

11,691,382.
05
11,691,382.
05

Asset
Current Asset

Fixed Asset
Operating and Admin fixed asset
Total Fixed asset
Total Asset

Liability & Equity


Liability

Equity
Retain Earning
Owner Equity
Total Equity
Total Liability & Equity

175

Chapter 8
Risk Management

8.1 Risk analysis

176

Risk is the quantifiable likelihood of loss or less-than-expected returns or situation


dissatisfaction which happen in the future and impact or operation werent successful the
objective and goal of organization (RMUTLL, 2009). Kasalong Thai massage will divide to
analysis into 2 factors as follows internal forces and External forces both operations financial
and administration strategy which may be positive affect by measured the impact got from
likelihood situation.

8.1.1 External Forces


Risk caused by external forces which Kasalong Thai massage cant expect and cant
control, so Kasalong Thai massage had a plan for protect the risk that may happen from
external factor and support the risk that Kasalong Thai massage will confront in the future for
the risk that happen from external factors as follows as:
1. Changing in Technology
Now the technology is rapidly changing which is the indirect risk to Kasalong
Thai massage, because part of Kasalong Thai massage this our business is a
traditional Thai massage use the chiropractor and massage alone. Do not use the
technology involved. The indirect will be in the queue for service system in of
massage.

2. Changing in Customer Need


The need of customer in the service of Kasalong Thai massage may change
the cause to different such as Massage oil. Body massage using oils extracted from
nature, a relaxing massage. A traditional Thai massage is healthy, which directly
affect the body and mind, Foot massage her feet, the balance in the body, allows the
system to circulate them. Moreover there are a lot of competitors businesses it is
choice for customer choose. In this cause are the direct risk to the business that may
occur which will affect to sales and revenue. From above the reasons is risk that
affects to changes the demand of buying behavior of customer. Kasalong Thai
massage must to risk management for consideration customer demand is important.

177

So Kasalong Thai massage should using the Marketing strategy by our business have
to environment serving make customer good feel and relax cause is the Thai Lanna
style and ancient house, our business complete business in service and have
promotion for member customer to come always service.
3. Economic Condition
This economic problem is a big problem in Thailand. Its affect to the customer
population has decreased significantly. Investment in private is lower all over
investment in country and foreign country, public spending that reduced because of
lower revenues. So the people must be more carefully in spending its make the
purchase are decrease (Eureka, 2008). That problem are risk that affect to decrease
sales
From above the reasons, Kasalong Thai massage must manage risk by setting
the strategies are appropriate by promotes increase sales in during the festival,
handing out flyers, create a website and promote. Moreover Kasalong Thai massage
provide variety promotion for respond to all level of customer demand which has the
price a medium level for customers who want to use the service for customer decision
to use service. In not well economic period its make the customer satisfaction and
affect to increase sales. When variety service the customer can has more choice.
Moreover its can make the customer satisfaction and can attract a lot of customers.
When we creating these strength the competitor difficult to enter the market and later
can make high profit.
4. Competitive Condition
There are many entrepreneurs interested to open Thai massage that gives full
service in Chiang Rai. After that the Thai massage business becomes the business
which is very popular. Then the affects of Thai massage business is high competition.
Then, it makes more growth market and there are varieties of services that customers
can make decision for choosing. So, there is capacity in competitive condition in the
market. Then, there is cut pricing between competitions which it affects to market

178

share. In this reason, it is risk that can affect to Kasalong Thai massage which it can
reduce sales.
From above reasons, Kasalong Thai massage must to determine strategy for
competing with competitors in the market by looking opportunity to build
differentiation in our services, prices, promotion for increase quality of services for
efficient. When there are varieties of services which the customers have more choices
for decision servicing. Therefore, it can make customer satisfaction and more
attractive customers. If Kasalong Thai massage is strength which the others
competitors is difficult to entry market, so Kasalong Thai massage can expand the
market which there are increase customers. Then, Market Share will improve which it
makes more profit.
5. The risk of fire
This business our Thai massage builds is ancient house. The wood used in
building. Have to the risk of fire, because our business have to the oil massage, As
well as fuel, Risk of fire, so our business is protected with the use of wood for the fire
risk to a minimum and our business make the fire insurance for stability of business
when having fire to company.

8.1.2 Internal risk


Internal forces are many causes that effect to driving and control the risk of business.
Employee management is emphasizing matter to control these risks within operating of
business internal risk as follows as:

179

1. Human resources
Our clinic is a Thai massage that aim at the diseases preventing so the
satisfaction of customer is a driver of business to growth up. Hence, a satisfaction of
customer occur from they look we have the expert massage therapist that make the
trustworthiness to them. So if we lack this factor it's a risk to effect cause a loose of
benefit. Therefore, we have to prepare to fulfill in this affair through the massage
therapist recruitment so all massage therapist that we select to work in our clinic must
past the certificate of art therapy everyone.
2. Quality of service
There are many customers come to our health center which is more than kind
of performance can manage, so these might cause the problem of services and
customer satisfaction management and other of problems. When we have those
problems it's might to effect decrease the benefit and hang behind the competitors.
For example, some masseur tried or bored the job and works not the most of service
because we lack a quality in satisfaction of customer. This is internal risk that we have
to prepare to solve them. Hence, we always have to train all employees and massage
therapists to realize in the quality of service and satisfaction of customers for the
benefit of clinic and themselves. And increase the diligent for the employee that have
great job or work on over time.
3. Customer management
The vital thing that indicate that we have a risk that is the expression of
customers. So each customer have a social base that different so perhaps we might
lack a royalty customer it's not cause our company but occur from those customer by
economic change ,belief change, social change that cause some customers may don't
like to massage. So, these risk we might not to solve them in directly but we have to
prepare to solve them by indirectly is ask some comment from the customers might
from bring the issue directly in talking of all in day's work or comment box for always
update the satisfaction of customers.

180

Risk management conclusion


Risk is the opportunity that Kasalong Thai Massage Company will get loss income
or the business cant operate successful to target planning. Our companys risks can divide to
2 parts. First is risk from external factor. Second is risk from internal factor. The external
factor risk is hard to predict and can not to control, such as economic risk, changing in
demand of customer risk and have competitor risk. The internal factor risk is we often to
confront in the organization, and it is the risk that we can control it, such as integrity risk, and
human resources risk. The last risk is financial risk, such as if our income have to reduce it is
directly to effect to our companys income will also reduce too, in the sometime, if our
company expense increase, it will effect to our companys payback period will have long
time. About interest rate is not more effect to our company, because it effect a little in our
income statement, so financial risk is important to our company. We must always to maintain
and control cost, in addition we should to development marketing strategy of company for
attracting more customers, that is to increase our company net income and our business can
continue to survive.

181

Chapter 9
Summary

182

Summary of project feasibility study


Today's the cultures of Thai massages are varying in each local, Thai massage is an
invaluable knowledge of the history and stories that are legendary for a long time. Massage or
medical massage is a therapeutic way. This is the treatment of certain diseases as well. The
disease can be treated with medication or injection drug use. Massage is a very important role
in the treatment. This can be seen that massage plays an important role in the treatment of
disease present. It is believed that the treatment has to start from the peer support within the
family, the treatment of self-help within the family and the skills and confidence. Massage
can help with your illness, the popular and reliable service from a career as a chiropractor.
The current situation of Thai massage is gaining wide popularity among both Thais
and foreigners. Thai massage has many schools, both public and private sectors such as Wat
Po School of Massage, School of Ayurveda, Institute of Technology and a chiropractor
Saitapikar School and private sector resources, especially during the economic crisis of the
country. Many people lose their jobs, Ministry of Health in collaboration with the Ministry of
Labour, Development of teaching massage, and The School of Thai Massage to the
unemployed. To study the self-employed in the primary, the alleviation of suffering when the
country was in crisis, to encourage institutions the course teaches Thai massage to the same
standard. The results show that a Thai massage can bring income to the country annually over
one billion baht.
Nature of industry is Thai Traditional massage is a valuable and indigenous body of
wisdom from our Thai ancestors. It was seen that Thai massage had an important role for
treatment from the past until now. It was believed that Thai massage was originated to cure
themselves within the family, for example, husband giving massage to his wife, children
giving massage to their parents and grandparents. They gave a massage by using parts of the
body such as elbows, knees and feet to self- massage, In addition, Thai-style exercise was
used to adjust anatomy by oneself easily. Due to the fact that they had the knowledge of
massage within the family, they could give a massage to neighbors. Finally the clients or
patients trusted that Thai massage was a popular, efficient and respectable way of curing, and
it became one of the most famous occupations.

183

Situation of industry is Information from the public health of the Thai Traditional
Medical Services from 2003-2008 is divided into four sectors based on annual data broken
down by age group, gender, etiology, and the service you deserve.
Product and Service, Kasalong Thai massage has services two parts, including
treatment massage and foot massage. A treatment massage has price about 350 baht per hour,
and a foot massage has price about 250 baht per hour.
In term of marketing analysis, we provide are five factors, such as general
environment analysis, political factor, economic factor, socio-cultural factor, and
technological factor.
Competitor, we divide two group competitor of Kasalong Thai massages are direct
competitor and indirect competitor. Direct competitor comprise of School of Traditional and
Alternative Medicine at Chiang Rai Rajabhat University, Mae Fah Luang University
Hospital, Chiang Rai Prachanukroh hospital. Indirect competitor comprise of Ausapron Thai
Massages, Aumpron Thai Massages, Wangcom massage.
Sale forecast of Kasalong Thai massage in five year, the first year Kasalong Thai
massage get total revenue 8,949,000 baht per year, second year get total revenue 11,894,000
baht per year, third year get total revenue 14,807,500 baht per year, fourth year get total
revenue 14,760,000 baht per year, fifth year get 14,915,000 bath per year.
Marketing Expenses are beverages and advertisement. Beverage, we will arrange
some herbals for customers such as pandan juice, ginger, and tea. Advertisement, the
Kasalong Thai Massage is advertised on its own website and brochure and gift for welcome
the customers at the store.
In term of investment cost, we provide in following:
1. Product: treatment massage service and foot massage service.
2. Location: land and building cost.
3. Pattern inside of health center cost: house reception and house massage.
4. Cost of Machine Tools and Equipment.
5. Cost of internet and telephone.
The operation cost for a massage, we provide two raw materials are Thai herb ball,
and Original foot cream.

184

Management analysis, we provide employment in following:


1. General manager
2. Accountant
3. House keeper
4. Sale person
5. Thai traditional massage practitioner(certificate)
6. Traditional Thai Massage Practitioner (The Art of the disease.)
Administration cost, we divide administration in following:
1. Employee salary
2.
3.
4.
5.
6.

Stationary expense
Electricity expense
Water expense
Internet and telephone expense
Fire Insurance.

In term of finance analysis, Kasalong Thai massage has profit all year and every year.
In term of risk management, we analysis are two force, including external force and
internal force.
External forces include:

Changing in Technology - Now the technology is rapidly changing which is the


indirect risk to Kasalong Thai massage, because part of Kasalong Thai massage this
business is a traditional Thai massage use the chiropractor and massage alone.

Changing in Customer Need - The need of customer in the service of Kasalong Thai
massage may change the cause to different such as Massage oil. Body massage using
oils extracted from nature, a relaxing massage.

Economic Condition - This economic problem is a big problem in Thailand. Its affect
to the customer population has decreased significantly.

Competitive Condition - There are many entrepreneurs interested to open Thai


massage that gives full service in Chiang Rai. After that the Thai massage business
becomes the business which is very popular.

185

The risk of fire - This business our Thai massage builds is ancient house. The wood
used in building. Have to the risk of fire, because our business has to the oil massage,
as well as fuel.

Internal forces include:

Human resources - Our clinic is a Thai massage that aim at the diseases preventing so
the satisfaction of customer is a driver of business to growth up. Hence, a satisfaction
of customer occur from they look we have the expert massage therapist that make the
trustworthiness to them.

Quality of service - There are many customers come to our health center which is
more than kind of performance can manage, so these might cause the problem.

Customer management - The vital thing that indicate that we have a risk that is the
expression of customers. So each customer have a social base that different so
perhaps we might lack a royalty customer it's not cause our company but occur from
those customer by economic change ,belief change, and social change.

These information are collected in report for analysis all part of the Kasalong Thai massage
health center.

186

Appendix

187

60-70 .

200 , 150 .

? ?

15 ,

2554;

262 , 302 .

207 , 247 .

188

: , 6 2555

189

Image from Thai massage center of Chiang Rai Hospital.

190

191

192

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EESjA6tInbB-cDVhLqXujoYC-JTz6owFdy4Ti4c1KORtHgx8RKsaA8mFfkqysugZNYMyTZHWnbjSI2zA0IhTOFgxfpX0Y86EcDKI9eJ5kznurHdaU5wenAALhVOXG_kq5iUoOaP&sig=AHIEtbR03NfWi2l_Bc-Rp-t2vI0jm0fiNw

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8%A9%E0%B8%B2%E0%B8%9E%E0%B8%A3%E0%B8%99%E0%B8%A7%E0
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194

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xviii
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xliv
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196

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