Download - Kasalong Thai Massage
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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
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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
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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
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Chapter 1
Introduction
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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 medicinei
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%ii
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
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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.
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Chapter 2
Industry Profile
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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 Lalubaire’s 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.iii
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
1990’s 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.v
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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. vi
Economic Factors
Now a day’s 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.vii
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.
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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.x
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.xi
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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
districtxiii
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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 customer’s 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 3 persons/ 1 doctor
Total revenue per day 21,000 baht
Total revenue per month
- Jan 567,000 baht
- Feb 525,000 baht
- Mar 546,000 baht
- Apr 546,000 baht
- May 546,000 baht
- Jun 546,000 baht
- Jul 567,000 baht
- Aug 546,000 baht
- Sep 546,000 baht
- Oct 567,000 baht
- Nov 525,000 baht
- Dec 567,000 baht
Total revenue per year 6,594,000 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 3 persons/ 1 doctor
Total revenue per day 7,500 baht
Total revenue per month
- Jan 202,500 baht
- Feb 187,500 baht
- Mar 195,000 baht
- Apr 195,000 baht
- May 195,000 baht
- Jun 195,000 baht
- Jul 202,500 baht
- Aug 195,000 baht
- Sep 195,000 baht
- Oct 202,500 baht
- Nov 187,500 baht
- Dec 202,500 baht
Total revenue per year 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 4 persons/ 1 doctor
Total revenue per day 28,000 baht
Total revenue per month
- Jan 728,000 baht
- Feb 672,000 baht
- Mar 756,000 baht
- Apr 728,000 baht
- May 728,000 baht
- Jun 728,000 baht
- Jul 756,000 baht
- Aug 728,000 baht
- Sep 728,000 baht
- Oct 728,000 baht
- Nov 728,000 baht
- Dec 756,000 baht
Total revenue per year 8,764,000 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 4 persons/ 1 doctor
Total revenue per day 10,000 baht
Total revenue per month
- Jan 260,000 baht
- Feb 240,000 baht
- Mar 270,000 baht
- Apr 260,000 baht
- May 260,000 baht
- Jun 260,000 baht
- Jul 270,000 baht
- Aug 260,000 baht
- Sep 260,000 baht
- Oct 260,000 baht
- Nov 260,000 baht
- Dec 270,000 baht
Total revenue per year 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.
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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 5 persons/ 1 doctor
Total revenue per day 35,000 baht
Total revenue per month
- Jan 910,000 baht
- Feb 840,000 baht
- Mar 945,000 baht
- Apr 910,000 baht
- May 910,000 baht
- Jun 910,000 baht
- Jul 910,000 baht
- Aug 945,000 baht
- Sep 910,000 baht
- Oct 910,000 baht
- Nov 910,000 baht
- Dec 945,000 baht
Total revenue per year 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 5 persons/ 1 doctor
Total revenue per day 12,500 baht
Total revenue per month
- Jan 325,000 baht
- Feb 240,000 baht
- Mar 337,500 baht
- Apr 325,000 baht
- May 325,000 baht
- Jun 325,000 baht
- Jul 325,000 baht
- Aug 337,500 baht
- Sep 325,000 baht
- Oct 325,000 baht
- Nov 325,000 baht
- Dec 337,500 baht
Total revenue per year 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.
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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 5 persons/ 1 doctor
Total revenue per day 35,000 baht
Total revenue per month
- Jan 910,000 baht
- Feb 840,000 baht
- Mar 945,000 baht
- Apr 875,000 baht
- May 945,000 baht
- Jun 910,000 baht
- Jul 910,000 baht
- Aug 945,000 baht
- Sep 910,000 baht
- Oct 910,000 baht
- Nov 910,000 baht
- Dec 910,000 baht
Total revenue per year 10,920,000 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 5 persons/ 1 doctor
Total revenue per day 12,500 baht
Total revenue per month
- Jan 325,000 baht
- Feb 240,000 baht
- Mar 337,500 baht
- Apr 312,500 baht
- May 337,500 baht
- Jun 325,000 baht
- Jul 325,000 baht
- Aug 337,500 baht
- Sep 325,000 baht
- Oct 325,000 baht
- Nov 325,000 baht
- Dec 325,000 baht
Total revenue per year 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.
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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 5 persons/ 1 doctor
Total revenue per day 35,000 baht
Total revenue per month
- Jan 945000 baht
- Feb 875000 baht
- Mar 910000 baht
- Apr 910000 baht
- May 945000 baht
- Jun 875000 baht
- Jul 945000 baht
- Aug 945000 baht
- Sep 875000 baht
- Oct 945000 baht
- Nov 910000 baht
- Dec 910000 baht
Total revenue per year 10,990,000 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 5 persons/ 1 doctor
Total revenue per day 12,500 baht
Total revenue per month
- Jan 337,500 baht
- Feb 312,500 baht
- Mar 325,000 baht
- Apr 325,000 baht
- May 337,500 baht
- Jun 312,500 baht
- Jul 337,500 baht
- Aug 337,500 baht
- Sep 312,500 baht
- Oct 337,500 baht
- Nov 325,000 baht
- Dec 325,000 baht
Total revenue per year 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.
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First year
Second year
680,000
690,000
700,000
710,000
720,000
730,000
740,000
750,000
760,000
770,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Income
840,000
860,000
880,000
900,000
920,000
940,000
960,000
980,000
1,000,000
1,020,000
1,040,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Income
32
Third year
Fourth year
950,000
1,000,000
1,050,000
1,100,000
1,150,000
1,200,000
1,250,000
1,300,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Income
950,000
1,000,000
1,050,000
1,100,000
1,150,000
1,200,000
1,250,000
1,300,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Income
33
Fifth year
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
1,140,000
1,160,000
1,180,000
1,200,000
1,220,000
1,240,000
1,260,000
1,280,000
1,300,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Income
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
year 1 year 2 year3 year4 year5
year 1
year 2
year3
year4
year5
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.
Guest
rooms 2
Front office
Restro
om1
Guest rooms 1
Door
6 m 6 m
4m
m
4m
3 m
2m
2m
Door
Rest
room2
40
1.1. Front office
1.2. Guest rooms 1
Front counter
Cabinets for customer
information.
Container for information
about the herb and
newspapers
Door
Door of restroom
Air conditioner
Sofa
Air conditioner
Television
Door
4 m
6m
4 m
6 m
41
1.3. Guest rooms 2
1.4. Rest room 1
Sofa
Air conditioner
Television
Door
Door
Basin
ceiling shower
Water closet
4 m
3 m
2 m
2 m
42
1.5. Rest room 2
2. House massage.
House massage has 5 houses include Massage room, Foot massage room and Rest
room. So are the same interior decorations.
Door
Basin
ceiling shower
Water closet
2 m
2 m
Foot massage
room
Massage room
Rest
room
3 m 4 m
4 m 6 m
2 m
2 m
Door
43
2.1. Massage room
2.2. Foot massage room
Bed for a massage
Door
Air conditioner
Chair for a massage
Door
Air conditioner
6 m
4 m
4 m
3 m
44
2.3. Rest room
Door
Basin
ceiling shower
Water closet
2 m
2 m
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 4,249xv
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 850xviii
Guest room
Sofa.
Sofa 2 seat size 125x81x88 cm.
Sofa 3 seat size 205x81x86 cm.
Scatter cushion 8 piece.
Price 36,000 xix
TV
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 SR-
501xx
48
Massage room
Massage bed
Size 1x2x3 cm.
Price 2,600xxi
Foot massage chair
Size wide 100 cm
Price 2,500xxii
Pillow
Size 57x30x10 cm.
Price 400xxiii
Silk for decorate massage bed
Size 23x190 cm
Price 350xxiv
49
Basin for foot massage
Size 15x4”
Price 800xxv
Long pants
Price 90xxvi
Voile shirt
Size L,XL
Price 100, 110xxvii
Uniform
Price 550xxviii
50
Bed sheet
Price 390xxix
Wood for foot massage
Size 1x13x1 cm
Weight 30 g
Price 15xxx
Electric hot pot HW-855
Size 5.5 Liter
750 watt xxxi
Towel
Size 15x30 cm
White color
Price 50xxxii
51
Tea set
Height 4.5”
1 pot
6 glass
Price 850xxxiii
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 1,750xxxvi
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 1,900xxxix
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 25,900xl
53
12 liter pedal bin, plastic 25 * 29 * 30 cm
Price 415xli
Soap Box size: 500 ml
Price 375xlii
- Wide 90 cm, deep 40 cm, height 85 cm
4,300 bathsxliii
54
Table 1 cost of Machine Tools and Equipment
No Descript No.
Product
Price/Unit
(baht/unit)
Total
(bath)
1 Front counter 1 4,990 4,990
2 Container 1 4,249 4,249
3 Cabinets 1 6,900 6,900
4 Cash register 1 3,990 3,990
5 Telephone cord 1 850 850
6 Sofa 2 36,000 72,000
7 LED TV 2 16,990 33,980
8 Massage bed 20 2,600 52,000
9 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
5 800 4,000
13 Long pants
Size M
Size L
10
10
100
110
1,000
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.
Product
Price/Unit
(baht/unit)
Total
(bath)
17 Electric hot pot 1 750 750
18 Towel size15x30cm 20 50 1,000
19 Tea set 5 850 4,250
55
20 Basin 7 900 6,300
21 Injection line 7 260 1,820
22 Water taps 7 1,750 12,250
23 Mirror 7 469 3,283
24 Tissue Box 7 399 2,793
25 Water closet 7 1,900 13,300
26 Bin 7 415 2,905
27 Soap Box 7 375 2,625
28 Set of CCTV 8 CH 1 25,900 25,900
29 Locker 5 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)
1 Billboard 1 7,500 7,500
2 Billboard tax 1 800 800
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: [email protected]. 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:
[email protected] 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 bahtxlix
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 bahtl
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)
1 Cost of land
2 690,000 1,380,000
2 Cost of Buildings
(house receptions)
1 530,000 530,000
3 Cost of Buildings
(house massage)
5 570,000 2,850,000
4 price of extra from Cost
of Buildings
6 1,500 9,000
5 Cost of Air conditioner 13 10,500 136,500
6 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 No.
Product
Price/Unit
(bath/unit)
Total
(bath)
1 Blinds
(The blinds wide 110×
long 170 cm)
7 400 2,800
2 Blinds
(The blinds wide 110×
long 220 cm)
20 470 9,400
3 Blinds
(The blinds wide 230×
long 220 cm)
25 940 23,500
Total 35,700
65
Summary table of Investment
Cost of Investment
Descript
No.
Product
Price/Unit
(baht/unit) Total(baht)
1. Billboard 1 7,500 7,500
2. Billboardtax 1 800 800
3. Cost of land 2 690,000 1,380,000
4. Cost of buildings (house receptions) 1 530,000 530,000
5. Cost of buildings (house massage) 5 570,000 2,850,000
5. price of extra from Cost of Buildings 6 1,500 9,000
6. Cost of Air conditioner 13 10,500 136,500
7. Internet and Telephone setting (free) 1 1,000 1,000
8.Blinds (The blinds wide 110× long 170 cm) 7 400 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 Amount Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Building 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
Air -
conditioner 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
Billboard
and
billboard
tax 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
Blinds 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
Locker 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
Front
counter 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
Container 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
Cabinets 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
Cash
register 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
Telephone
cord 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
Sofa 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
LED TV 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
Massage
beds 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
Foot
massage
chairs 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
Pillows 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
Silk for
decorate
massage
beds 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
Basin for
foot massage 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 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
Size L 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
Uniform 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
Bed sheet 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
Wood for
foot massage 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
Electric hot
pot 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
Towel size
15*30cm 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
Tea set 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
Basin 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
Injection
line 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
Water taps 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
Mirror 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
Water closet 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
Set of
CCTV and
CH 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
Total 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 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Building ###### 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 Air -
conditioner 109,200.00 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 Billboard
and billboard
tax 6,640.00 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 1,660.00
Blinds 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 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 Front
counter 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 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 Telephone
cord 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 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 Massage
beds 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 Foot massage
chairs 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 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 Silk for
decorate
massage beds 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 Basin for foot
massage 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
Long pants
Size M 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
Size L 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
70
Wood for
foot massage 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 Electric hot
pot 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 Towel size
15*30cm 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 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 Set of CCTV
and CH 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 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 Air -
conditioner 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 Billboard
and
billboard
tax 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 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 Front
counter 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 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 Cash
register 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 Telephone
cord 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 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 Massage
beds 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 Foot
massage
chairs 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 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 Silk for
decorate
massage
beds 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 Basin for
foot
massage 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
Long pants
Size M 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
72
Size L 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
Uniform 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 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 Wood for
foot
massage 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 Electric hot
pot 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 Towel size
15*30cm 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 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 Injection
line 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 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 Water
closet 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 Set of
CCTV and
CH 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
Total 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
73
Year 4
Investment Amount Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Building 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 Air -
conditioner 54600 2275 2275 2275 2275 2275 2275 2275 2275 2275 2275 2275 2275 27300 Billboard
and
billboard
tax 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 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 Front
counter 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 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 Cash
register 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 Telephone
cord 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 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 Massage
beds 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 Foot
massage
chairs 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 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 Silk for
decorate
massage
beds 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 Basin for
foot
massage 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
Long pants
Size M 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
74
Size L 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 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 Wood for
foot
massage 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 Electric hot
pot 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 Towel size
15*30cm 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 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 Injection
line 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 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 Water
closet 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 Set of
CCTV and
CH 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
Total 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
75
Year 5
Investment Amount Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Building 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 Air -
conditioner 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 Billboard
and
billboard
tax 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 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 Front
counter 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 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 Cash
register 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 Telephone
cord 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
Sofa 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
LED TV 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 Massage
beds 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 Foot
massage
chairs 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
Pillows 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 Silk for
decorate
massage
beds 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 Basin for
foot
massage 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
Long pants
Size M 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
76
Size L 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 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 Wood for
foot
massage 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 Electric hot
pot 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 Towel size
15*30cm 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
Tea set 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 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 Injection
line 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 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 Water
closet 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 Set of
CCTV and
CH 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
Total 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
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 Units/month Price Thai herb ball 1,600(1*50) 80,000
Original foot cream 10(1*80) 800
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
Department
Accountant
Housekeeping
Department
Housekeeper
Sale & Marketing
Department
Sale Person
Human Resource
Department
Traditional Thai
Massage Practitioner
(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
2. Employee in the organization
- Accounting department 1 person 12,000 baht
- Sales person 1 person 10,000 baht
- Housekeeper 1 person 6,500 baht
- 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) 400,000 baht
Total salary expense/month 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
ปรมิาณน ้าใช ้ ลกูบาศกเ์มตร
Volume(cu.m.)
ราคาคา่น ้า บาท/ลกูบาศกเ์มตร
Baht/cu.m.
0-10 9.50 (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
มากกวา่ 200 (over 200) 15.81
** Remark: 1. VAT not included) 7%
(General services) 40 bathlv
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
อตัราค่าไฟฟ้า – การไฟฟ้านครหลวง ประเภทที่ 2 กิจการขนาดเล็ก
ส าหรับการใชไ้ฟฟ้าเพื่อประกอบธุรกิจ ธุรกิจรวมกบับา้นอยูอ่าศยั อุตสาหกรรม และหน่วยงานรัฐวสิาหกิจ หรืออ่ืนๆ ตลอดจนบริเวณ ท่ีเก่ียวขอ้ง ซ่ึงมีความตอ้งการพลงังานไฟฟ้าเฉล่ียใน 15 นาทีสูงสุดต ่ากวา่ 30 กิโลวตัต ์โดยต่อผา่นเคร่ืองวดัหน่วยไฟฟ้าเคร่ืองเด่ียว
2.1 อตัราปกติ ค่าพลงังานไฟฟ้า (บาท/หน่วย) ค่าบริการ (บาท/เดือน)
2.1.1 แรงดนั 12-24 กิโลโวลต ์ 2.4649 228.17
2.1.2 แรงดนัต ่ากวา่ 12 กิโลโวลต ์ 40.90
150 หน่วยแรก (หน่วยท่ี 1-150) 1.8047
250 หน่วยต่อไป (หน่วยท่ี 151-400) 2.7781
เกิน 400 หน่วยข้ึนไป (หน่วยท่ี 401 เป็นตน้ไป) 2.9780
lvi
90
Internet and telephone expense
Our internet and telephone expense don’t 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 bathlix
Liquid hand soap3.78L
-price 209 bathlx
Cleaning the bathroom3.78L
-price 209 bathlxi
92
Toilet paper *24x4
-price 904 bathlxii
Garbage bags size36x45
-price 1,625 bathlxiii
Paper towel Kimberly Clark
-price 990 bathlxiv
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 1 3,000
Fire Insurance 1 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 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
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 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
Operating
Expense
General & Administra
tion 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
Depreciati
on 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
Miscellane
ous
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 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
Tax
Expense 30% 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
Net
income
(loss) for
the year 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
Retain
Earning 89,121.61 138,343.23 207,514.84 276,686.45 345,858.07 415,029.68 504,151.29 573,322.90 642,494.52 731,616.13 780,837.74 869,959.36 869,959.36
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 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
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 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
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 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 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
Tax Expense
30% 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
Net income
(loss) for the
year 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
Retain Earning 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 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
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 1,154,200 999,200 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 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 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
Tax Expense
30% 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
Net income
(loss) for the
year 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
Retain Earning 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
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
Revenue
Sales 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
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 1,154,200 999,200 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
Operating
Expense
General &
Administratio
n 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
Miscellaneou
s 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 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
Tax Expense
30% 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
Net income
(loss) for the
year 414,971.61 306,471.61 448,221.61 381,721.61 448,221.61 414,971.61 414,971.61 448,221.61 414,971.61 414,971.61 414,971.61 414,971.61 4,937,659.36
Retain Earning 9,187,299.68 9,493,771.29 9,941,992.91
10,323,714.52
10,771,936.13
11,186,907.75
11,601,879.36
12,050,100.97
12,465,072.59
12,880,044.20
13,295,015.81
13,709,987.42
13,709,987.42
99
Year5
Income
Statement
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
Sales 1,282,500 1,187,500 1,235,000 1,235,000 1,282,500 1,187,500 1,282,500 1,282,500 1,187,500 1,282,500 1,235,000 1,235,000 14,915,000
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 1,201,700 1,106,700 1,154,200 1,154,200 1,201,700 1,106,700 1,201,700 1,201,700 1,106,700 1,201,700 1,154,200 1,154,200 13,945,400
Operating
Expense
General & Administratio
n 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 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
Tax Expense
30% 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
Net income
(loss) for the
year 448,221.61 381,721.61 414,971.61 414,971.61 448,221.61 381,721.61 448,221.61 448,221.61 381,721.61 448,221.61 414,971.61 414,971.61 5,046,159.36
Retain
Earning
14,158,209.0
4
14,539,930.6
5
14,954,902.2
6
15,369,873.8
8 15,818,095.49 16,199,817.10
16,648,038.7
2 17,096,260.33
17,477,981.9
4
17,926,203.5
5
18,341,175.1
7
18,756,146.7
8
18,756,146.7
8
100
Kasalong Thai massage
Cash flow
31 decemder,2012
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow
from
operating
activity
Cash
received
Cash received
on cash sale 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
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 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
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 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
Total cash
paid 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
Net cash
flow from
operating
activity 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
Cash flow
from
investment
activity Cash
received Cash received from sale Total cash
received 0
101
Cash paid
Cash paid investment on
operating and administratio
n 5,277,514 3,911,762
Total cash
paid 5,277,514 3,911,762
Net cash
flow from
investment
activity -5,277,514 3,911,762
Cash flow
from
financing
activity
Cash
received
Borrowing cash 5,000,000 5,000,000
Total cash
received 5,000,000 5,000,000
Cash paid
Cash paid for
Divident 0.00
Total cash
paid 0.00 Net cash
flow from
Financing
activity 5,000,000 5,000,000
Net increase/
decrease in
cash -188,392 72,043 91,993 91,993 91,993 91,993 111,943 91,993 91,993 111,943 72,043 111,943
Beginning
cash -188,392 -116,350 -24,357 67,636 159,628 251,621 363,564 455,556 547,549 659,491 731,534
Ending cash -188,392 -116,350 -24,357 67,636 159,628 251,621 363,564 455,556 547,549 659,491 731,534 843,477 843,477
102
Kasalong Thai massage
Cash flow
31 decemder,2013
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
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
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
80,944.98 115,144.9
8
103,744.9
8
103,744.9
8
103,744.9
8
115,144.9
8
103,744.9
8
103,744.9
8
103,744.9
8
103,744.9
8
115,144.9
8
1,006,816.
50
Total cash paid 745,928 723,128 757,328 745,928 745,928 745,928 757,328 745,928 745,928 745,928 745,928 757,328 8,962,541
Net cash flow from operating activity 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 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
0 - - - - - - - - - - - -
103
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - -
Cash paid
Cash paid - - - - - - - - - - - -
Total cash paid 0.00 - - - - - - - - - - - -
Net cash flow from Financing
activity
0 - - - - - - - - - - - -
Net increase/ decrease in cash 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
Beginning cash 843,477 1,085,548.
37
1,297,241.
02
1,588,733.
67
1,853,626.
31
2,118,518.
96
2,383,411.
61
2,674,904.
25
2,939,796.
90
3,204,689.
54
3,469,582.
19
3,734,474.
84
Ending cash 1,085,548.
37
1,297,241.
02
1,588,733.
67
1,853,626.
31
2,118,518.
96
2,383,411.
61
2,674,904.
25
2,939,796.
90
3,204,689.
54
3,469,582.
19
3,734,474.
84
4,025,967.
48
4,025,967.
48
104
Kasalong Thai massage
Cash flow
31 decemder,2014
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
Cash received on cash sale 1,235,000 1,080,00
0
1,282,500 1,235,00
0
1,235,000 1,235,00
0
1,235,00
0
1,282,50
0
1,235,00
0
1,235,00
0
1,235,00
0
1,282,50
0
14,807,500
Adjust depreciation 22,821.0
3
22,821.03 22,821.0
3
22,821.03 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
251,031.37
Total cash received 1,235,000 1,102,821
1,305,321 1,257,821
1,257,821 1,257,821
1,257,821
1,305,321
1,257,821
1,257,821
1,257,821
1,305,321
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 177,844.98 131,344.98
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
1,880,866.50
Total cash paid 820,028 773,528 834,278 820,028 820,028 820,028 820,028 834,278 820,028 820,028 820,028 834,278 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 flow from investment activity
Cash received
Cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid
105
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity 0 - - - - - - - - - - - -
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - -
Cash paid
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 4,025,967.48
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
Ending cash 4,440,939 4,770,23
2
5,241,274 5,679,06
7
6,116,860 6,554,65
2
6,992,44
5
7,463,48
8
7,901,28
0
8,339,07
3
8,776,86
6
9,247,90
8
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
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
- - - - - - - - - - - - -
0 - - - - - - - - - - - -
107
- - - - - - - - - - - - -
0 - - - - - - - - - - - -
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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,282,500 1,187,50
0
1,235,00
0
1,235,00
0
1,282,50
0
1,187,50
0
1,282,50
0
1,282,50
0
1,187,50
0
1,282,500 1,235,00
0
1,235,000 14,915,000
Adjust depreciation 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.03 22,821.0
3
22,821.03 251,031.37
Total cash received 1,282,500 1,210,32
1
1,257,82
1
1,257,82
1
1,305,32
1
1,210,32
1
1,305,32
1
1,305,32
1
1,210,32
1
1,305,321 1,257,82
1
1,257,821 15,166,031
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 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
192,094.9
8
177,844.
98
177,844.9
8
1,913,013.
30
Total cash paid 834,278 805,778 820,028 820,028 834,278 805,778 834,278 834,278 805,778 834,278 820,028 820,028 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
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity 0 - - - - - - - - - - 0 -
109
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - 0 -
Cash paid
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 - - - - - - - - - - -5,000,000
-
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 -
4,562,207
297,191
Beginning cash 14,436,599 14,884,8
21
15,289,3
63
15,727,1
56
16,164,9
48
16,635,9
91
17,040,5
34
17,511,5
76
17,982,6
19
18,387,16
2
18,858,2
04
19,295,99
7
Ending cash 14,884,821 15,289,3
63
15,727,1
56
16,164,9
48
16,635,9
91
17,040,5
34
17,511,5
76
17,982,6
19
18,387,1
62
18,858,20
4
19,295,9
97
14,733,79
0
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
Asset
Current Asset
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
Fixed Asset
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
Liability & Equity
Liability
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
Equity
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
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
Asset
Current Asset
Cash 1,085,548.37 1,297,241.
02
1,588,733.
67
1,853,626.
31
2,118,518.
96
2,383,411.
61
2,674,904.25 2,939,796.
90
3,204,689.
54
3,469,582.
19
3,734,474.
84
4,025,967.
48
Total Current Asset 1,085,548.37 1,297,241.
02
1,588,733.
67
1,853,626.
31
2,118,518.
96
2,383,411.
61
2,674,904.25 2,939,796.
90
3,204,689.
54
3,469,582.
19
3,734,474.
84
4,025,967.
48
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
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
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 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
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
Asset
Current Asset
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
Fixed Asset
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
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
Equity
Retain Earning 4,216,390.33 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
Owner Equity - - - - - - - - - - - -
Total Equity 4,216,390.33 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 Liability & Equity 9,216,390.33 9,522,861.94
9,971,083.55
10,386,055.16
10,801,026.78
11,215,998.39
11,630,970.00
12,079,191.62
12,494,163.23
12,909,134.84
13,324,106.46
13,772,328.07
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
Asset
Current Asset
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
Fixed Asset
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
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
Equity
Retain Earning 9,187,299.68
9,493,771.29
9,941,992.91
10,323,714.52
10,771,936.13
11,186,907.75
11,601,879.36
12,050,100.97
12,465,072.59
12,880,044.20
13,295,015.81
13,709,987.42
Owner Equity - - - - - - - - - - - -
Total Equity 9,187,299.68
9,493,771.29
9,941,992.91
10,323,714.52
10,771,936.13
11,186,907.75
11,601,879.36
12,050,100.97
12,465,072.59
12,880,044.20
13,295,015.81
13,709,987.42
Total Liability & Equity 14,187,299.
68
14,493,771.
29
14,941,992.
91
15,323,714.
52
15,771,936.
13
16,186,907.7
5
16,601,879.
36
17,050,100.
97
17,465,072.
59
17,880,044.
20
18,295,015.
81
18,709,987.
42
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
Asset
Current Asset
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
Fixed Asset
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
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 0
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 0
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 19,158,209.04
19,539,930.65
19,954,902.26
20,369,873.88
20,818,095.49
21,199,817.10
21,648,038.72
22,096,260.33
22,477,981.94
22,926,203.55
23,341,175.17
18,756,146.78
115
Kasalong Thai massage
Income Statement
31 decemder,2012
decrease 5% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
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
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 80,537
Depreciation 22,832.93 22,832.9
3
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 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 34,691.59
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 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
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
Revenue
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
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 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 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% 88,924.98
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 1,077,929.72
Net income (loss) for the year 207,491.
61
156,951.6
1
232,761.6
1
207,491.6
1
207,491.61 207,491.61 232,761.6
1
207,491.61 207,491.61 207,491.6
1
207,491.61 232,761.61 2,515,169.
36
Retain Earning 896,230.
79
1,053,182.
40
1,285,944.
01
1,493,435.
62
1,700,927.
24
1,908,418.
85
2,141,180.
46
2,348,672.
08
2,556,163.
69
2,763,655.
30
2,971,146.9
2
3,203,908.
53
3,203,909
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
Revenue
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
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 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
115,144.9
8
172,857.48 159,319.9
8
159,319.9
8
159,319.98 159,319.98 172,857.4
8
159,319.9
8
159,319.9
8
159,319.98 172,857.48 1,908,277.2
2
Net income (loss) for the year 371,746.6
1
268,671.6
1
403,334.11 371,746.6
1
371,746.6
1
371,746.61 371,746.61 403,334.1
1
371,746.6
1
371,746.6
1
371,746.61 403,334.11 4,452,646.8
6
Retain Earning 3,575,655.
14
3,844,326.
75
4,247,660.
87
4,619,407.
48
4,991,154.
09
5,362,900.
71
5,734,647.
32
6,137,981.
43
6,509,728.
05
6,881,474.
66
7,253,221.
27
7,656,555.
38
7,656,555.3
8
118
Kasalong Thai massage
Income Statement
31 decemder,2015
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
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
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 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% 159,319.98
115,144.98
172,857.48
145,782.48
172,857.48 159,319.98 159,319.98 172,857.48 159,319.98 159,319.98 159,319.98 159,319.98 1,894,739.72
Net income (loss) for the year 371,746.6
1
268,671.6
1
403,334.1
1
340,159.1
1
403,334.11 371,746.61 371,746.61 403,334.11 371,746.61 371,746.61 371,746.61 371,746.61 4,421,059.
36
Retain Earning 8,028,302.00
8,296,973.61
8,700,307.72
9,040,466.84
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
12,077,614.74
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
Revenue
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
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 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% 172,857.48 145,782.4
8
159,319.98 159,319.9
8
172,857.4
8
145,782.48 172,857.4
8
172,857.4
8
145,782.48 172,857.48 159,319.98 159,319.98 1,938,914.
72
Net income (loss) for the year 403,334.11 340,159.1
1
371,746.61 371,746.6
1
403,334.1
1
340,159.11 403,334.1
1
403,334.1
1
340,159.11 403,334.11 371,746.61 371,746.61 4,524,134.
36
Retain Earning 12,480,948
.85
12,821,10
7.97
13,192,854.
58
13,564,60
1.19
13,967,93
5.31
14,308,094.
42
14,711,42
8.53
15,114,76
2.64
15,454,921.
76
15,858,255.
87
16,230,002
.48
16,601,749
.10
16,601,749
.10
120
Kasalong Thai massage
Cash flow
31 decemder,2012
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
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 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
251,031.3
7
Total cash received 731,025 699,696 726,771 726,771 726,771 726,771 753,846 726,771 726,771 753,846 699,696 753,846 8,752,581
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 26,652.48 0.00 0.00 0.00 0.00 0.00 26,652.4
8
0.00 0.00 26,652.4
8
0.00 26,652.4
8
123,221.4
0
Total cash paid 668,836 642,183 642,183 642,183 642,183 642,183 668,836 642,183 642,183 668,836 642,183 668,836 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 investment activity
Cash received
Cash received from sale
Total cash received 0 0
Cash paid
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 - -
121
5,300,335 5,300,335
Cash flow from financing activity
Cash received
Borrowing cash 5,000,000 5,000,000
Total cash received 5,000,000 5,000,000
Cash paid
Cash paid for Dividend 0.00 0.00
Total cash paid 0 0
Net cash flow from Financing activity 5,000,000 5,000,000
Net increase/ decrease in 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
Beginning cash -238,146 -180,633 -96,046 -11,458 73,130 157,717 242,727 327,315 411,903 496,913 554,425
Ending cash -238,146 -180,633 -96,046 -11,458 73,130 157,717 242,727 327,315 411,903 496,913 554,425 639,436 639,436
122
Kasalong Thai massage
Cash flow
31 decemder,2013
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
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
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 1,077,929.7
2
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 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 investment activity
Cash received
Cash received from sale
Total cash received
Cash paid
Cash paid investment on operating and administration
- - - - - - - - - - - -
123
Total cash paid - - - - - - - - - - - -
Net cash flow from investment
activity
0 - - - - - - - - - - - 0
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - 0
Cash paid
Cash paid for Dividend 0 - - - - - - - - - - - 0
Total cash paid 0 - - - - - - - - - - - 0
Net cash flow from Financing
activity
0 - - - - - - - - - - - 0
Net increase/ decrease in cash 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
Beginning cash 639,436 846,927.1
5
1,026,699.
80
1,282,282.
44
1,512,595.
09
1,742,907.
74
1,973,220.
38
2,228,803.
03
2,459,115.
68
2,689,428.
32
2,919,740.
97
3,150,053.
62
Ending cash 846,927.1
5
1,026,699.
80
1,282,282.
44
1,512,595.
09
1,742,907.
74
1,973,220.
38
2,228,803.
03
2,459,115.
68
2,689,428.
32
2,919,740.
97
3,150,053.
62
3,405,636.
26
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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,173,250 1,026,00
0
1,218,37
5
1,173,25
0
1,173,25
0
1,173,25
0
1,173,25
0
1,218,37
5
1,173,25
0
1,173,25
0
1,173,25
0
1,218,37
5
14,067,125
Adjust depreciation 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
251,031.37
Total cash received 1,173,250 1,048,821
1,241,196
1,196,071
1,196,071
1,196,071
1,196,071
1,241,196
1,196,071
1,196,071
1,196,071
1,241,196
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 159,319.98 115,144.98
172,857.48
159,319.98
159,319.98
159,319.98
159,319.98
172,857.48
159,319.98
159,319.98
159,319.98
172,857.48
1,908,277.22
Total cash paid 801,503 757,328 815,041 801,503 801,503 801,503 801,503 815,041 801,503 801,503 801,503 815,041 9,614,478
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 flow from investment activity
Cash received
Cash received from sale - - - - - - - - - - - - -
Total cash received - - - - - - - - - - - - -
Cash paid
125
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity 0 - - - - - - - - - - - 0
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - 0
Cash paid
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 3,405,636.26
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
Ending cash 3,777,383 4,068,87
6
4,495,03
1
4,889,59
8
5,284,16
6
5,678,73
4
6,073,30
1
6,499,45
6
6,894,02
4
7,288,59
2
7,683,15
9
8,109,31
4
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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,173,250 1,026,00
0
1,218,37
5
1,128,12
5
1,218,37
5
1,173,25
0
1,173,25
0
1,218,37
5
1,173,250 1,173,25
0
1,173,25
0
1,173,25
0
14,022,000
Adjust depreciation 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.03 22,821.0
3
22,821.0
3
22,821.0
3
251,031.37
Total cash received 1,173,250 1,048,82
1
1,241,19
6
1,150,94
6
1,241,19
6
1,196,07
1
1,196,07
1
1,241,19
6
1,196,071 1,196,07
1
1,196,07
1
1,196,07
1
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 159,319.98 115,144.
98
172,857.
48
145,782.
48
172,857.
48
159,319.
98
159,319.
98
172,857.
48
159,319.9
8
159,319.
98
159,319.
98
159,319.
98
1,894,739.7
2
Total cash paid 801,503 757,328 815,041 787,966 815,041 801,503 801,503 815,041 801,503 801,503 801,503 801,503 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
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity 0 - - - - - - - - - - - 0
127
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - 0
Cash paid
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 8,481,06
1
8,772,55
4
9,198,70
9
9,561,68
9
9,987,84
4
10,382,4
12
10,776,9
79
11,203,13
5
11,597,7
02
11,992,2
70
12,386,8
38
Ending 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
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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,218,375 1,128,12
5
1,173,25
0
1,173,25
0
1,218,37
5
1,128,12
5
1,218,37
5
1,218,37
5
1,128,12
5
1,218,37
5
1,173,25
0
1,173,25
0
14,169,250
Adjust depreciation 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
251,031.37
Total cash received 1,218,375 1,150,94
6
1,196,07
1
1,196,07
1
1,241,19
6
1,150,94
6
1,241,19
6
1,241,19
6
1,150,94
6
1,241,19
6
1,196,07
1
1,196,07
1
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 172,857.48 145,782.
48
159,319.
98
159,319.
98
172,857.
48
145,782.
48
172,857.
48
172,857.
48
145,782.
48
172,857.
48
159,319.
98
159,319.
98
1,938,914.7
2
Total cash paid 815,041 787,966 801,503 801,503 815,041 787,966 815,041 815,041 787,966 815,041 801,503 801,503 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
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity 0 - - - - - - - - - - 0 0
129
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - 0 0
Cash paid
Cash paid for Dividend 0.00 - - - - - - - - - - 5,000,000
0.00
Total cash paid 0.00 - - - - - - - - - - 5,000,00
0
0.00
Net cash flow from Financing activity 0.00 - - - - - - - - - - -5,000,00
0
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 -4,605,43
2
-224,834
Beginning cash 12,781,405 13,184,7
39
13,547,7
19
13,942,2
87
14,336,8
55
14,763,0
10
15,125,9
90
15,552,1
45
15,978,3
00
16,341,2
80
16,767,4
36
17,162,0
03
Ending cash 13,184,739 13,547,7
19
13,942,2
87
14,336,8
55
14,763,0
10
15,125,9
90
15,552,1
45
15,978,3
00
16,341,2
80
16,767,4
36
17,162,0
03
12,556,5
71
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 5,300,335 5,277,513.9
7
5,254,692.9
3
5,231,871.9
0
5,209,050.8
7
5,186,229.8
3
5,163,408.8
0
5,140,587.7
7
5,117,766.7
3
5,094,945.7
0
5,072,124.6
7
5,049,303.6
3
Total Fixed asset 5,300,335 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
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
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
Equity
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 5,096,880.70
5,158,647.29
5,220,413.88
5,282,180.47
5,343,947.06
5,406,136.18
5,467,902.77
5,529,669.36
5,591,858.47
5,626,550.06
5,688,739.17
131
Kasalong Thai massage
Balance Sheet
31 decemder,2013
Fixed Asset
Operating and Admin fixed asset 5,049,303.63
5,026,482.60
5,003,661.57
4,980,840.53
4,958,019.50
4,935,198.47
4,912,377.43
4,889,556.40
4,866,735.37
4,843,914.33
4,821,093.30
4,798,272.27
Total Fixed asset 5,049,303.6
3
5,026,482.6
0
5,003,661.5
7
4,980,840.5
3
4,958,019.5
0
4,935,198.4
7
4,912,377.4
3
4,889,556.4
0
4,866,735.3
7
4,843,914.3
3
4,821,093.3
0
4,798,272.2
7
Total Asset 5,896,230.79
6,053,182.40
6,285,944.01
6,493,435.62
6,700,927.24
6,908,418.85
7,141,180.46
7,348,672.08
7,556,163.69
7,763,655.30
7,971,146.92
8,203,908.53
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
Equity
Retain Earning 896,230.79 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
Owner Equity - - - - - - - - - - - -
Total Equity 896,230.79 1,053,182.40
1,285,944.01
1,493,435.62
1,700,927.24
1,908,418.85
2,141,180.46
2,348,672.08
2,556,163.69
2,763,655.30
2,971,146.92
3,203,908.53
Total Liability & Equity 5,896,230.7
9
6,053,182.4
0
6,285,944.0
1
6,493,435.6
2
6,700,927.2
4
6,908,418.8
5
7,141,180.4
6
7,348,672.0
8
7,556,163.6
9
7,763,655.3
0
7,971,146.9
2
8,203,908.5
3
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 4,798,272.27
4,775,451.23
4,752,630.20
4,729,809.17
4,706,988.13
4,684,167.10
4,661,346.07 4,638,525.03 4,615,704.00 4,592,882.97
4,570,061.93 4,547,240.90
Total Fixed asset 4,798,272.2
7
4,775,451.
23
4,752,630.
20
4,729,809.
17
4,706,988.
13
4,684,167.1
0
4,661,346.07 4,638,525.03 4,615,704.00 4,592,882.9
7
4,570,061.93 4,547,240.9
0
Total Asset 8,575,655.14
8,844,326.75
9,247,660.87
9,619,407.48
9,991,154.09
10,362,900.71
10,734,647.32 11,137,981.43
11,509,728.05
11,881,474.66
12,253,221.27
12,656,555.38
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
Equity
Retain Earning 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 6,881,474.6
6
7,253,221.27 7,656,555.3
8
Owner Equity - - - - - - - - - - - -
Total Equity 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 6,881,474.6
6
7,253,221.27 7,656,555.3
8
Total Liability & Equity 8,575,655.1
4
8,844,326.
75
9,247,660.
87
9,619,407.
48
9,991,154.
09
10,362,900.
71
10,734,647.32 11,137,981.4
3
11,509,728.0
5
11,881,474.
66
12,253,221.2
7
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset
4,547,240.90 4,524,419.87
4,501,598.83
4,478,777.80
4,455,956.77
4,433,135.73
4,410,314.70
4,387,493.67
4,364,672.63
4,341,851.60
4,319,030.57
4,296,209.53
Total Fixed asset 4,547,240.90 4,524,419.8
7
4,501,598.8
3
4,478,777.8
0
4,455,956.7
7
4,433,135.7
3
4,410,314.7
0
4,387,493.
67
4,364,672.6
3
4,341,851.6
0
4,319,030.
57
4,296,209.5
3
Total Asset 13,028,302.00 13,296,973.61
13,700,307.72
14,040,466.84
14,443,800.95
14,815,547.56
15,187,294.18
15,590,628.29
15,962,374.90
16,334,121.51
16,705,868.13
17,077,614.74
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
Equity
Retain Earning 8,028,302.00 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
Owner Equity - - - - - - - - - - - -
Total Equity 8,028,302.00 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 Liability & Equity 13,028,302.00 13,296,973.
61
13,700,307.
72
14,040,466.
84
14,443,800.
95
14,815,547.
56
15,187,294.
18
15,590,628
.29
15,962,374.
90
16,334,121.
51
16,705,868
.13
17,077,614.
74
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 4,296,210 4,273,388.50 4,250,567.4
7
4,227,746.4
3
4,204,925.4
0
4,182,104.3
7
4,159,283.3
3
4,136,462.3
0
4,113,641.2
7
4,090,820.2
3
4,067,999.2
0
4,045,178.1
7
Total Fixed asset 4,296,210 4,273,389 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
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
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 0
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 0
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 17,480,948.85
17,821,107.97
18,192,854.58
18,564,601.19
18,967,935.31
19,308,094.42
19,711,428.53
20,114,762.64
20,454,921.76
20,858,255.87
21,230,002.48
16,601,749.10
135
Kasalong Thai massage
Income Statement
31 decemder,2012
decrease 10 % JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
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
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 80,537
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 22,821.03 273,852.4
0
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 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 50,366.59 347,899.0
8
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
347,899.08 347,899.08
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
Revenue
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
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 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 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 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
Net income (loss) for the year 172,911.6
1
125,031.
61
196,851.6
1
172,911.61 172,911.6
1
172,911.6
1
196,851.61 172,911.6
1
172,911.6
1
172,911.61 172,911.61 196,851.61 2,098,879.3
6
Retain Earning 520,810.69
645,842.31
842,693.92
1,015,605.53
1,188,517.15
1,361,428.76
1,558,280.37
1,731,191.98
1,904,103.60
2,077,015.21
2,249,926.82
2,446,778.44
2,446,778.44
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
Revenue
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 13,326,75
0
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 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 12,357,150
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 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 22,821.03 273,852.4
0
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 469,317 329,817 512,067 469,317 469,317 469,317 469,317 512,067 469,317 469,317 469,317 512,067 5,620,549
Tax Expense 30% 140,794.98
98,944.98 153,619.98 140,794.98
140,794.98 140,794.98 140,794.98 153,619.98
140,794.98
140,794.98
140,794.98 153,619.98
1,686,164.72
Net income (loss) for the year 328,521.6
1
230,871.61 358,446.61 328,521.6
1
328,521.61 328,521.61 328,521.61 358,446.6
1
328,521.6
1
328,521.6
1
328,521.61 358,446.6
1
3,934,384.
36
Retain Earning 2,775,300.05
3,006,171.66
3,364,618.28
3,693,139.89
4,021,661.50
4,350,183.11
4,678,704.73
5,037,151.34
5,365,672.95
5,694,194.57
6,022,716.18
6,381,162.79
6,381,162.79
138
Kasalong Thai massage
Income Statement
31 decemder,2015
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
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
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 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% 140,794.98
98,944.98 153,619.98 127,969.98 153,619.98
140,794.98
140,794.98
153,619.98
140,794.98
140,794.98
140,794.98
140,794.98 1,673,339.72
Net income (loss) for the year 328,521.6
1
230,871.6
1
358,446.61 298,596.61 358,446.6
1
328,521.6
1
328,521.6
1
358,446.6
1
328,521.6
1
328,521.6
1
328,521.6
1
328,521.61 3,904,459.
36
Retain Earning 6,709,684.41
6,940,556.02
7,299,002.63
7,597,599.24
7,956,045.86
8,284,567.47
8,613,089.08
8,971,535.70
9,300,057.31
9,628,578.92
9,957,100.54
10,285,622.15
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
Revenue
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
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 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
127,969.98 140,794.98 140,794.98 153,619.98 127,969.98 153,619.98 153,619.98 127,969.9
8
153,619.9
8
140,794.98 140,794.9
8
1,715,189.
72
Net income (loss) for the year 358,446.6
1
298,596.61 328,521.61 328,521.61 358,446.61 298,596.61 358,446.61 358,446.61 298,596.6
1
358,446.6
1
328,521.61 328,521.6
1
4,002,109.
36
Retain Earning 10,644,06
8.76
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
13,272,24
1.67
13,630,68
8.28
13,959,209
.89
14,287,73
1.50
14,287,731
.50
140
Kasalong Thai massage
Cash Flow
31 decemder,2012
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
Cash received on cash sale 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
Adjust depreciation 22,821.0
3
22,821.03 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.03 251,031.37
Total cash received 692,550 664,071 689,721 689,721 689,721 689,721 715,371 689,721 689,721 715,371 664,071 715,371 8,305,131
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 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 investment activity
Cash received
Cash received from sale
Total cash received 0
Cash paid
Cash paid investment on operating and
administration
5,300,33
5
5,300,335
Total cash paid 5,300,335
5,300,335
141
Net cash flow from investment activity -
5,300,335
-5,300,335
Cash flow from financing activity
Cash received
Borrowing cash 5,000,000
5,000,000
Total cash received 5,000,00
0
5,000,000
Cash paid
Cash paid for interest
Total cash paid 0 0
Net cash flow from Financing activity 5,000,000
5,000,000
Net increase/ decrease in 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
Beginning cash -249,968 -228,081 -180,543 -133,006 -85,468 -37,930 35,257 82,795 130,333 203,520 225,408
Ending cash -249,968 -228,081 -180,543 -133,006 -85,468 -37,930 35,257 82,795 130,333 203,520 225,408 298,595 298,595
142
Kasalong Thai massage
Cash Flow
31 decemder,2013
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
Cash received on cash sale 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
Adjust 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 22,821.03 251,031.37
Total cash received 889,200.00
843,621.03
946,221.03
912,021.03
912,021.03
912,021.03
946,221.03
912,021.03
912,021.03
912,021.03
912,021.03
946,221.03
10,955,631.37
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 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 investment activity
Cash received
Cash received from sale
Total cash received
Cash paid
Cash paid investment on operating and
administration
- - - - - - - - - - - -
Total cash paid - - - - - - - - - - - -
143
Net cash flow from investment activity 0 - - - - - - - - - - - -
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - -
Cash paid
Cash paid for interest 0.00 - - - - - - - - - - - -
Total cash paid 0.00 - - - - - - - - - - - -
Net cash flow from Financing activity 0 - - - - - - - - - - - -
Net increase/ decrease in cash 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
Beginning cash 298,595 471,507.06
619,359.71
839,032.35
1,034,765.00
1,230,497.65
1,426,230.29
1,645,902.94
1,841,635.58
2,037,368.23
2,233,100.88
2,428,833.52
Ending cash 471,507.0
6
619,359.7
1
839,032.3
5
1,034,765.
00
1,230,497
.65
1,426,230
.29
1,645,902.
94
1,841,635.
58
2,037,368
.23
2,233,100
.88
2,428,833.
52
2,648,506
.17
2,648,506.
17
144
Kasalong Thai massage
Cash Flow
31 decemder,2014
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
Cash received on cash sale 1,111,500 972,000 1,154,25
0
1,111,500 1,111,500 1,111,50
0
1,111,50
0
1,154,25
0
1,111,50
0
1,111,50
0
1,111,50
0
1,154,25
0
13,326,750
Adjust depreciation 22,821.03 22,821.0
3
22,821.03 22,821.03 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
251,031.37
Total cash received 1,111,500 994,821 1,177,07
1
1,134,321 1,134,321 1,134,32
1
1,134,32
1
1,177,07
1
1,134,32
1
1,134,32
1
1,134,32
1
1,177,07
1
13,577,781
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 140,794.98 98,944.98 153,619.98
140,794.98
140,794.98
140,794.98
140,794.98
153,619.98
140,794.98
140,794.98
140,794.98
153,619.98
1,686,164.72
Total cash paid 782,978 741,128 795,803 782,978 782,978 782,978 782,978 795,803 782,978 782,978 782,978 795,803 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 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 - - - - - - - - - - - - -
145
Net cash flow from investment activity 0 - - - - - - - - - - - 0
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - 0
Cash paid
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 2,648,506.17
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
Ending cash 2,977,028 3,230,720 3,611,98
8
3,963,331 4,314,673 4,666,01
6
5,017,35
9
5,398,62
6
5,749,96
9
6,101,31
2
6,452,65
4
6,833,92
2
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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,111,500 972,000 1,154,25
0
1,068,75
0
1,154,25
0
1,111,50
0
1,111,50
0
1,154,250 1,111,50
0
1,111,50
0
1,111,500 1,111,50
0
13,284,000
Adjust depreciation 22,821.03 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.03 22,821.0
3
22,821.0
3
22,821.03 22,821.0
3
251,031.37
Total cash received 1,111,500 994,821 1,177,07
1
1,091,57
1
1,177,07
1
1,134,32
1
1,134,32
1
1,177,071 1,134,32
1
1,134,32
1
1,134,321 1,134,32
1
13,535,031
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 140,794.98 98,944.98 153,619.
98
127,969.
98
153,619.
98
140,794.
98
140,794.
98
153,619.9
8
140,794.
98
140,794.
98
140,794.9
8
140,794.
98
1,673,339.7
2
Total cash paid 782,978 741,128 795,803 770,153 795,803 782,978 782,978 795,803 782,978 782,978 782,978 782,978 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
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity 0 - - - - - - - - - - - 0
147
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - 0
Cash paid
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 7,416,13
6
7,797,40
4
8,118,82
1
8,500,08
9
8,851,43
2
9,202,774 9,584,04
2
9,935,38
5
10,286,72
7
10,638,0
70
Ending 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
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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,154,250 1,068,75
0
1,111,50
0
1,111,50
0
1,154,25
0
1,068,75
0
1,154,25
0
1,154,25
0
1,068,75
0
1,154,25
0
1,111,500 1,111,50
0
13,423,500
Adjust depreciation 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.03 22,821.0
3
251,031.37
Total cash received 1,154,250 1,091,57
1
1,134,32
1
1,134,32
1
1,177,07
1
1,091,57
1
1,177,07
1
1,177,07
1
1,091,57
1
1,177,07
1
1,134,321 1,134,32
1
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 153,619.98 127,969.
98
140,794.
98
140,794.
98
153,619.
98
127,969.
98
153,619.
98
153,619.
98
127,969.
98
153,619.
98
140,794.9
8
140,794.
98
1,715,189.7
2
Total cash paid 795,803 770,153 782,978 782,978 795,803 770,153 795,803 795,803 770,153 795,803 782,978 782,978 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 0 - - - - - - - - - - 0 0
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - 0 0
Cash paid
Cash paid for interest 0.00 - - - - - - - - - - 5,000,000
0.00
Total cash paid 0.00 - - - - - - - - - - 5,000,00
0
0.00
Net cash flow from Financing activity 0.00 - - - - - - - - - - -
5,000,00
0
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 -4,648,65
7
-746,859
Beginning cash 10,989,413 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
Ending cash 11,347,859 11,669,2
77
12,020,6
20
12,371,9
62
12,753,2
30
13,074,6
47
13,455,9
15
13,837,1
83
14,158,6
00
14,539,8
68
14,891,21
1
10,242,5
53
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 5,300,335 5,277,513.97 5,254,692.93
5,231,871.90 5,209,050.87
5,186,229.83
5,163,408.80
5,140,587.77
5,117,766.73
5,094,945.70
5,072,124.67
5,049,303.63
Total Fixed asset 5,300,335 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
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
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
Equity
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
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
Asset
Current Asset
Cash 471,507.06 619,359.71 839,032.35 1,034,765.0
0
1,230,497.6
5
1,426,230.2
9
1,645,902.9
4
1,841,635.5
8
2,037,368.2
3
2,233,100.8
8
2,428,833.5
2
2,648,506.1
7
Total Current Asset 471,507.06 619,359.71 839,032.35 1,034,765.0
0
1,230,497.6
5
1,426,230.2
9
1,645,902.9
4
1,841,635.5
8
2,037,368.2
3
2,233,100.8
8
2,428,833.5
2
2,648,506.1
7
Fixed Asset
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
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
Equity
Retain Earning 520,810.69 645,842.31 842,693.92 1,015,605.53
1,188,517.15
1,361,428.76
1,558,280.37
1,731,191.98
1,904,103.60
2,077,015.21
2,249,926.82
2,446,778.44
Owner Equity - - - - - - - - - - - -
Total Equity 520,810.69 645,842.31 842,693.92 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 Liability & Equity 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
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed
asset
4,798,272 4,775,451.
23
4,752,630.
20
4,729,809.
17
4,706,988.1
3
4,684,167.
10
4,661,346.0
7
4,638,525.0
3
4,615,704.00 4,592,882.97 4,570,061.93 4,547,240.90
Total Fixed asset 4,798,272 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
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
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
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 7,775,300.049
8,006,171.662
8,364,618.275
8,693,139.888
9,021,661.501
9,350,183.114
9,678,704.727
10,037,151.340
10,365,672.953
10,694,194.566
11,022,716.179
11,381,162.792
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 4,547,241 4,524,419.8
7
4,501,598.8
3
4,478,777.8
0
4,455,956.7
7
4,433,135.7
3
4,410,314.7
0
4,387,493.6
7
4,364,672.6
3
4,341,851.6
0
4,319,030.5
7
4,296,209.5
3
Total Fixed asset 4,547,240.90 4,524,419.87
4,501,598.83
4,478,777.80
4,455,956.77
4,433,135.73
4,410,314.70
4,387,493.67
4,364,672.63
4,341,851.60
4,319,030.57
4,296,209.53
Total Asset 11,709,684.4
1
11,940,556.
02
12,299,002.
63
12,597,599.
24
12,956,045.
86
13,284,567.
47
13,613,089.
08
13,971,535.
70
14,300,057.
31
14,628,578.
92
14,957,100.
54
15,285,622.
15
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
Equity
Retain Earning 6,709,684.41 6,940,556.02
7,299,002.63
7,597,599.24
7,956,045.86
8,284,567.47
8,613,089.08
8,971,535.70
9,300,057.31
9,628,578.92
9,957,100.54
10,285,622.15
Owner Equity - - - - - - - - - - - -
Total Equity 6,709,684.41 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 Liability & Equity 11,709,684.4
1
11,940,556.
02
12,299,002.
63
12,597,599.
24
12,956,045.
86
13,284,567.
47
13,613,089.
08
13,971,535.
70
14,300,057.
31
14,628,578.
92
14,957,100.
54
15,285,622.
15
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 4,296,209.53
4,273,388.50
4,250,567.47
4,227,746.43
4,204,925.40
4,182,104.37
4,159,283.33
4,136,462.30
4,113,641.27
4,090,820.23
4,067,999.20
4,045,178.17
Total Fixed asset 4,296,209.5
3
4,273,388.5
0
4,250,567.4
7
4,227,746.4
3
4,204,925.4
0
4,182,104.3
7
4,159,283.3
3
4,136,462.3
0
4,113,641.2
7
4,090,820.2
3
4,067,999.2
0
4,045,178.1
7
Total Asset 15,644,068.76
15,942,665.37
16,271,186.99
16,599,708.60
16,958,155.21
17,256,751.83
17,615,198.44
17,973,645.05
18,272,241.67
18,630,688.28
18,959,209.89
14,287,731.50
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 0
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 0
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 15,644,068.
76
15,942,665.
37
16,271,186.
99
16,599,708.
60
16,958,155.
21
17,256,751.
83
17,615,198.
44
17,973,645.
05
18,272,241.
67
18,630,688.
28
18,959,209.
89
14,287,731.
50
155
Kasalong Thai massage
Income Statement
31 decemder,2012
decrease 15% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
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
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 80,537
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 22,821.03 273,852.4
0
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 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 -
12,333.41
11,891.59 -12,333.41 -12,333.41 11,891.59 -
36,558.41
11,891.59 -
99,550.92
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 -111,442.5
1
-99,550.92 -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
Revenue
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
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 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
93,111.61 160,941.6
1
138,331.6
1
138,331.6
1
138,331.61 160,941.6
1
138,331.61 138,331.61 138,331.61 138,331.6
1
160,941.61 1,682,589.3
6
Retain Earning 38,780.69 131,892.3
1
292,833.9
2
431,165.5
3
569,497.1
5
707,828.76 868,770.3
7
1,007,101.
98
1,145,433.6
0
1,283,765.
21
1,422,096.
82
1,583,038.
44
1,583,038.4
4
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
Revenue
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 12,586,37
5
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 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 11,616,775
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 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 22,821.03 273,852.4
0
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 561,383 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 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
115,423.67 115,423.67
115,423.67 127,536.17 115,423.67 115,423.67
115,423.67 127,536.17
1,388,742.81
Net income (loss) for the year 285,296.61 177,096.89 297,584.39 269,321.8
9
269,321.89 269,321.8
9
269,321.89 297,584.39 269,321.89 269,321.8
9
269,321.89 297,584.3
9
3,240,399.
90
Retain Earning 1,868,335.05
2,045,431.94
2,343,016.33
2,612,338.22
2,881,660.11
3,150,982.00
3,420,303.89
3,717,888.28
3,987,210.17
4,256,532.06
4,525,853.95
4,823,438.34
4,823,438.34
158
Kasalong Thai massage
Income Statement
31 decemder,2015
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Revenue
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 12,546,00
0
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 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
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 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 22,821.03 273,852.4
0
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 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
82,744.98 134,382.4
8
110,157.4
8
134,382.4
8
122,269.9
8
122,269.9
8
134,382.4
8
122,269.9
8
122,269.9
8
122,269.9
8
122,269.9
8
1,451,939.
72
Net income (loss) for the year 285,296.61
193,071.61
313,559.11
257,034.11
313,559.11
285,296.61
285,296.61
313,559.11
285,296.61
285,296.61
285,296.61
285,296.61
3,387,859.36
Retain Earning 5,108,734
.95
5,301,806.
56
5,615,365
.67
5,872,399.
79
6,185,958
.90
6,471,255.
51
6,756,552.
13
7,070,111
.24
7,355,407.
85
7,640,704
.47
7,926,001.
08
8,211,297.
69
8,211,297.
69
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
Revenue
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
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 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
110,157.4
8
122,269.9
8
122,269.9
8
134,382.4
8
110,157.4
8
134,382.48 134,382.48 110,157.48 134,382.48 122,269.98 122,269.98 1,491,464.7
2
Net income (loss) for the year 313,559.1
1
257,034.1
1
285,296.6
1
285,296.6
1
313,559.1
1
257,034.1
1
313,559.11 313,559.11 257,034.11 313,559.11 285,296.61 285,296.61 3,480,084.3
6
Retain Earning 8,524,856
.80
8,781,890
.92
9,067,187
.53
9,352,484
.14
9,666,043.
26
9,923,077
.37
10,236,636.
48
10,550,195.
60
10,807,229.
71
11,120,788
.82
11,406,085
.43
11,691,382
.05
11,691,382.
05
160
Kasalong Thai massage
Cash flow
31 decemder,2012
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
Cash received on cash sale 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
Adjust 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
22,821.03 251,031.37
Total cash received 654,075 628,446 652,671 652,671 652,671 652,671 676,896 652,671 652,671 676,896 628,446 676,896 7,857,681
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 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 investment activity
Cash received
Cash received from sale
Total cash received 0 0
Cash paid
Cash paid investment on operating and administration
5,300,335
5,300,335
Total cash paid 5,300,33
5
5,300,335
Net cash flow from investment activity -5,300,33
5
-5,300,335
161
Cash flow from financing activity
Cash received
Borrowing cash 5,000,00
0
5,000,000
Total cash received 5,000,00
0
5,000,000
Cash paid
Cash paid for interest
Total cash paid 0 0
Net cash flow from Financing activity 5,000,000
5,000,000
Net increase/ decrease in 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
Beginning cash -288,443 -302,181 -291,693 -281,206 -270,718 -260,230 -225,518 -215,030 -204,542 -169,830 -183,567
Ending 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 -148,855
162
Kasalong Thai massage
Cash flow
31 decemder,2013
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
Cash received on cash sale 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
Adjust 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
251,031.37
Total cash received 839,800.0
0
798,021.0
3
894,921.
03
862,621.0
3
862,621.0
3
862,621.0
3
894,921.0
3
862,621.0
3
862,621.0
3
862,621.
03
862,621.0
3
894,921.
03
10,360,931.
37
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 59,284.98 39,904.98 68,974.9
8
59,284.98 59,284.98 59,284.98 68,974.98 59,284.98 59,284.98 59,284.9
8
59,284.98 68,974.9
8
721,109.72
Total cash paid 701,468 682,088 711,158 701,468 701,468 701,468 711,158 701,468 701,468 701,468 701,468 711,158 8,427,311
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
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 0 - - - - - - - - - - - -
163
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - -
Cash paid
Cash paid for interest 0.00 - - - - - - - - - - - -
Total cash paid 0.00 - - - - - - - - - - - -
Net cash flow from Financing activity 0 - - - - - - - - - - - -
Net increase/ decrease in cash 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
Beginning cash -148,855 -
10,522.94
105,409.
71
289,172.3
5
450,325.0
0
611,477.6
4
772,630.2
9
956,392.9
4
1,117,545.
58
1,278,69
8.23
1,439,850
.88
1,601,00
3.52
Ending cash -
10,522.94
105,409.7
1
289,172.
35
450,325.0
0
611,477.6
4
772,630.2
9
956,392.9
4
1,117,545
.58
1,278,698.
23
1,439,85
0.88
1,601,003
.52
1,784,76
6.17
1,784,766.1
7
164
Kasalong Thai massage
Cash flow
31 decemder,2014
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Cash flow from operating activity
Cash received
Cash received on cash sale 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
Adjust 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 22,821.03 251,031.37
Total cash received 1,049,750 940,821 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
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 75,898.6
7
127,536.1
7
115,423.6
7
115,423.6
7
115,423.6
7
115,423.6
7
127,536.1
7
115,423.6
7
115,423.6
7
115,423.6
7
127,536.1
7
1,388,742.
81
Total cash paid 764,453 740,903 792,541 780,428 780,428 780,428 780,428 792,541 780,428 780,428 780,428 792,541 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 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 0 - - - - - - - - - - - -
165
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - -
Cash paid
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
2,070,06
3
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
Ending cash 2,070,063 2,269,98
1
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 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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,049,750 918,000 1,090,125 1,009,37
5
1,090,125 1,049,750 1,049,75
0
1,090,12
5
1,049,75
0
1,049,75
0
1,049,75
0
1,049,750 12,546,00
0
Adjust depreciation 22,821.03 22,821.03 22,821.0
3
22,821.03 22,821.03 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.03 251,031.3
7
Total cash received 1,049,750 940,821 1,112,946 1,032,19
6
1,112,946 1,072,571 1,072,57
1
1,112,94
6
1,072,57
1
1,072,57
1
1,072,57
1
1,072,571 12,797,03
1
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 122,269.98 82,744.98 134,382.4
8
110,157.
48
134,382.4
8
122,269.9
8
122,269.
98
134,382.
48
122,269.
98
122,269.
98
122,269.
98
122,269.9
8
1,451,939.
72
Total cash paid 764,453 724,928 776,566 752,341 776,566 764,453 764,453 776,566 764,453 764,453 764,453 764,453 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 paid
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
167
Total cash paid - - - - - - - - - - - - -
Net cash flow from investment activity 0 - - - - - - - - - - - -
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - - -
Cash paid
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 6,113,76
7
6,393,622 6,730,002 7,038,12
0
7,346,23
7
7,682,61
8
7,990,73
5
8,298,85
3
8,606,971
Ending cash 5,561,494 5,777,387 6,113,767 6,393,622
6,730,002 7,038,120 7,346,237
7,682,618
7,990,735
8,298,853
8,606,971
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
Cash flow from operating activity
Cash received
Cash received on cash sale 1,090,125 1,009,375 1,049,75
0
1,049,75
0
1,090,12
5
1,009,37
5
1,090,125 1,090,12
5
1,009,37
5
1,090,125 1,049,750 1,049,75
0
12,677,750
Adjust depreciation 22,821.03 22,821.0
3
22,821.0
3
22,821.0
3
22,821.0
3
22,821.03 22,821.0
3
22,821.0
3
22,821.03 22,821.03 22,821.0
3
251,031.37
Total cash received 1,090,125 1,032,196 1,072,57
1
1,072,57
1
1,112,94
6
1,032,19
6
1,112,946 1,112,94
6
1,032,19
6
1,112,946 1,072,571 1,072,57
1
12,928,781
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 134,382.48 110,157.48
122,269.98
122,269.98
134,382.48
110,157.48
134,382.48
134,382.48
110,157.48
134,382.48
122,269.98
122,269.98
1,491,464.72
Total cash paid 776,566 752,341 764,453 764,453 776,566 752,341 776,566 776,566 752,341 776,566 764,453 764,453 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 - - - - - - - - - - - - -
Cash paid
Cash paid investment on operating and
administration
- - - - - - - - - - - - -
Total cash paid - - - - - - - - - - - - -
169
Net cash flow from investment activity 0 - - - - - - - - - - 0 -
Cash flow from financing activity
Cash received
Borrowing cash - - - - - - - - - - - - -
Total cash received 0 - - - - - - - - - - 0 -
Cash paid
Cash paid for interest 0.00 - - - - - - - - - - 5,000,00
0
-
Total cash paid 0.00 - - - - - - - - - - 5,000,000
-
Net cash flow from Financing activity 0.00 - - - - - - - - - - -
5,000,000
-
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 5,308,11
8
8,731,116
Beginning cash 8,915,088 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
Ending cash 9,228,647 9,508,502 9,816,62
0
10,124,7
38
10,461,1
18
10,740,9
73
11,077,35
3
11,413,7
33
11,693,5
88
12,029,96
9
12,338,08
6
17,646,2
04
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 5,300,335 5,277,513.9
7
5,254,692.9
3
5,231,871.9
0
5,209,050.8
7
5,186,229.8
3
5,163,408.8
0
5,140,587.7
7
5,117,766.7
3
5,094,945.7
0
5,072,124.6
7
5,049,303.6
3
Total Fixed asset 5,300,335 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
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
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
Equity
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 5,011,891.59
4,975,333.18
4,962,999.77
4,950,666.36
4,938,332.95
4,925,999.54
4,937,891.13
4,925,557.72
4,913,224.31
4,925,115.90
4,888,557.49
4,900,449.08
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
Asset
Current Asset
Cash -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
1,278,698.2
3
1,439,850.8
8
1,601,003.5
2
1,784,766.1
7
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
1,278,698.2
3
1,439,850.8
8
1,601,003.5
2
1,784,766.1
7
Fixed Asset
Operating and Admin fixed asset 5,049,303.63
5,026,482.60
5,003,661.57
4,980,840.53
4,958,019.50
4,935,198.47
4,912,377.43
4,889,556.40
4,866,735.37
4,843,914.33
4,821,093.30
4,798,272.27
Total Fixed asset 5,049,303.6
3
5,026,482.6
0
5,003,661.5
7
4,980,840.5
3
4,958,019.5
0
4,935,198.4
7
4,912,377.4
3
4,889,556.4
0
4,866,735.3
7
4,843,914.3
3
4,821,093.3
0
4,798,272.2
7
Total Asset 5,038,780.69
5,131,892.31
5,292,833.92
5,431,165.53
5,569,497.15
5,707,828.76
5,868,770.37
6,007,101.98
6,145,433.60
6,283,765.21
6,422,096.82
6,583,038.44
Liability & Equity
Liability
Long Term note payable 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
Other - - - - - - - - - - - -
Total Liability 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
Equity
Retain Earning 38,780.69 131,892.31 292,833.92 431,165.53 569,497.15 707,828.76 868,770.37 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
Owner Equity - - - - - - - - - - - -
Total Equity 38,780.69 131,892.31 292,833.92 431,165.53 569,497.15 707,828.76 868,770.37 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 Liability & Equity 5,038,780.69
5,131,892.31
5,292,833.92
5,431,165.53
5,569,497.15
5,707,828.76
5,868,770.37
6,007,101.98
6,145,433.60
6,283,765.21
6,422,096.82
6,583,038.44
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 4,798,272.27
4,775,451.23
4,752,630.20
4,729,809.17
4,706,988.13
4,684,167.10
4,661,346.07
4,638,525.03
4,615,704.00
4,592,882.97
4,570,061.93
4,547,240.90
Total Fixed asset 4,798,272.2
7
4,775,451.2
3
4,752,630.2
0
4,729,809.1
7
4,706,988.1
3
4,684,167.1
0
4,661,346.0
7
4,638,525.0
3
4,615,704.0
0
4,592,882.9
7
4,570,061.9
3
4,547,240.9
0
Total Asset 6,868,335.05
7,045,431.94
7,343,016.33
7,612,338.22
7,881,660.11
8,150,982.00
8,420,303.89
8,717,888.28
8,987,210.17
9,256,532.06
9,525,853.95
9,823,438.34
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
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 6,868,335.0
5
7,045,431.9
4
7,343,016.3
3
7,612,338.2
2
7,881,660.1
1
8,150,982.0
0
8,420,303.8
9
8,717,888.2
8
8,987,210.1
7
9,256,532.0
6
9,525,853.9
5
9,823,438.3
4
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
Asset
Current Asset
Cash 5,561,494.0
5
5,777,386.6
9
6,113,766.8
4
6,393,621.9
9
6,730,002.1
3
7,038,119.7
8
7,346,237.4
3
7,682,617.5
7
7,990,735.2
2
8,298,852.8
7
8,606,970.5
1
8,915,088.1
6
Total Current Asset 5,561,494.0
5
5,777,386.6
9
6,113,766.8
4
6,393,621.9
9
6,730,002.1
3
7,038,119.7
8
7,346,237.4
3
7,682,617.5
7
7,990,735.2
2
8,298,852.8
7
8,606,970.5
1
8,915,088.1
6
Fixed Asset
Operating and Admin fixed asset 4,547,240.90
4,524,419.87
4,501,598.83
4,478,777.80
4,455,956.77
4,433,135.73
4,410,314.70
4,387,493.67
4,364,672.63
4,341,851.60
4,319,030.57
4,296,209.53
Total Fixed asset 4,547,240.9
0
4,524,419.8
7
4,501,598.8
3
4,478,777.8
0
4,455,956.7
7
4,433,135.7
3
4,410,314.7
0
4,387,493.6
7
4,364,672.6
3
4,341,851.6
0
4,319,030.5
7
4,296,209.5
3
Total Asset 10,108,734.95
10,301,806.56
10,615,365.67
10,872,399.79
11,185,958.90
11,471,255.51
11,756,552.13
12,070,111.24
12,355,407.85
12,640,704.47
12,926,001.08
13,211,297.69
Liability & Equity
Liability
Long Term note payable 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
Other - - - - - - - - - - - -
Total Liability 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
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 10,108,734.95
10,301,806.56
10,615,365.67
10,872,399.79
11,185,958.90
11,471,255.51
11,756,552.13
12,070,111.24
12,355,407.85
12,640,704.47
12,926,001.08
13,211,297.69
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
Asset
Current Asset
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
Fixed Asset
Operating and Admin fixed asset 4,296,209.53
4,273,388.50
4,250,567.47
4,227,746.43
4,204,925.40
4,182,104.37
4,159,283.33
4,136,462.30
4,113,641.27
4,090,820.23
4,067,999.20
4,045,178.17
Total Fixed asset 4,296,209.5
3
4,273,388.5
0
4,250,567.4
7
4,227,746.4
3
4,204,925.4
0
4,182,104.3
7
4,159,283.3
3
4,136,462.3
0
4,113,641.2
7
4,090,820.2
3
4,067,999.2
0
4,045,178.1
7
Total Asset 13,524,856.80
13,781,890.92
14,067,187.53
14,352,484.14
14,666,043.26
14,923,077.37
15,236,636.48
15,550,195.60
15,807,229.71
16,120,788.82
16,406,085.43
21,691,382.05
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 0
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 0
Equity
Retain Earning 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
Owner Equity - - - - - - - - - - - -
Total Equity 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
Total Liability & Equity 13,524,856.
80
13,781,890.
92
14,067,187.
53
14,352,484.
14
14,666,043.
26
14,923,077.
37
15,236,636.
48
15,550,195.
60
15,807,229.
71
16,120,788.
82
16,406,085.
43
11,691,382.
05
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 weren’t 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 can’t expect and can’t
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 competitor’s 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 it’s 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 can’t operate successful to target planning. Our company’s 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 company’s income will also reduce too, in the sometime, if our
company expense increase, it will effect to our company’s 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. Stationary expense
3. Electricity expense
4. Water expense
5. Internet and telephone expense
6. 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
บทสัมภาษณ์
นักศึกษา: สถานท่ีนีเ้ป็นแพทย์แผนไทยแบบไหน?
หมอแพทย์แผนไทย: เป็นการรักษาแบบนวดตวัและนวดฝ่าเท้า.
นักศึกษา: ผู้ รับบริการสว่นใหญ่เป็นใครบ้าง?
หมอแพทย์แผนไทย: คนสว่นมากเป็นผู้สงูอาย ุอายรุะหวา่ง 60-70 ปี.
นักศึกษา: คาราของการรักษาแตล่ะการรักษาราคาเทา่ไหร่?
หมอแพทย์แผนไทย: นวดตวัราคา 200 บาทตอ่หนึง่ชัว่โมงคร่ึง, สว่นนวดเท้าราคา 150 บาทตอ่หนึง่ชัว่โมง.
นักศึกษา: การเข้ารับบริการแตล่ะเดือนเป็นยงัไงบ้าง? จ านวนคนมากน้อยเทา่ไหร่?
หมอแพทย์แผนไทย: นวดรักษาทัง้สองอยา่ง ประมาน 15 คนตอ่วนั และคนไข้สว่นใหญ่มีสทิธิบตัรการรักษา, สว่น
การมารับบริการการนวดเพื่อรักษาขึน้อยูก่บัลกูค้าและไมเ่ก่ียวกบัฤดกูาล
นักศึกษา: เจ้าหน้าที่ของศนูย์แพทย์แผนไทยมีจ านวนเทา่ไหร่แล้วมกีารจดัระเบียบการท างานยงัไง
บ้าง?
หมอแพทย์แผนไทย: จ านวนแพทย์ที่มใีบประกอบโลกศิลป์มีสามคน หนึง่คนเป็นหวัหน้าเวร อีกคนออกชมุชน และ
อีกหนึง่คนเป็นหวัหน้าหมอนวดรักษา และมีหมอนวดอีกสีค่นที่ท าหน้าที่ในการนวดรักษา.
นักศึกษา: หมอพอจะมยีอดรวมของผู้ใช้บริการการนวดเพื่อรักษาภายในหนึง่ปีไหม?
หมอแพทย์แผนไทย: ยอดรวมหนึง่ปีหมอไมม่ีครับ แตม่ีแคช่ว่งเดือนพฤศจิกายน กบัเดอืนธนัวาคม ของปี 2554;
เดือนพฤศจิกายน มีนวดเพื่อรักษา 262 คน, นวดฝ่าเท้า 302 คน.
เดือนธนัวาคม มีนวดเพื่อรักษา 207 คน, นวดฝ่าเท้า 247 คน.
นักศึกษา: ปัญหาที่เกิดขึน้ในศนูย์แพทย์แผนไทยเป็นยงัไงบ้าง?
หมอแพทย์แผนไทย: ปัญหาที่ศนูย์คือ จ านวนเจ้าหน้าที่ทัง้แพทย์และคนนวดมจี านวนน้อย.
นักศึกษา: การจา่ยเงินเดือนให้พนกังานแตล่ะบคุคลเป็นยงัไงบ้าง?
หมอแพทย์แผนไทย: จ่ายเงินเดือนตามอตัราจ้าง.
นักศึกษา: ความคาดหวงัของศนูย์แพทย์แผนไทยในอนาคตนา่จะเป็นไปในทศิทางใดได้บ้าง?
188
หมอแพทย์แผนไทย: ความคาดหวงัของศนูย์แพทย์แผนไทยก็คือ มีจ านวนแพทย์แผนไทยเพิ่มขึน้ ให้เพียงพอตอ่
การให้บริการการรักษาผู้ ป่วย.
อ้างอิง: จากการสัมภาษณ์ศูนย์แพทย์แผนไทยของโรงพยาบาลเชียงรายประชานุเคราะห์, 6 กุมภาพนัธ์ 2555
189
Image from Thai massage center of Chiang Rai Hospital.
190
191
192
193
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ii http://library.cmu.ac.th/faculty/econ//Exer751409/2550/Exer2550_84
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EESjA6tInbB-cDVhLqXujoYC-JTz6owFdy4Ti4c1KORtH-
gx8RKsaA8mFfkqysugZNYMyTZHWnbjSI2zA0IhTOFgxfpX0Y86E-
cDKI9eJ5kznurHdaU5wenAALhVOXG_kq5iUoOaP&sig=AHIEtbR03NfWi2l_Bc-Rp-t2vI0jm0fiNw
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6
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xi
http://tongmassage.wordpress.com/2010/12/09/%E0%B8%AD%E0%B8%B8%E0%B
8%A9%E0%B8%B2%E0%B8%9E%E0%B8%A3%E0%B8%99%E0%B8%A7%E0
%B8%94%E0%B9%81%E0%B8%9C%E0%B8%99%E0%B9%84%E0%B8%97%E
0%B8%A2/
194
xii
https://th.foursquare.com/v/%E0%B8%AD%E0%B8%B3%E0%B8%9E%E0%B8%A3%E0
%B8%99%E0%B8%A7%E0%B8%94%E0%B9%81%E0%B8%9C%E0%B8%99%E0%B9
%82%E0%B8%9A%E0%B8%A3%E0%B8%B2%E0%B8%93/4e901fa3550342b5a4178d70
xiii http://www.isaan.com/th/about/other-cities-in-thailand/chiangrai/others/massage-lane.html
xiv
http://www.winnerfurnitures.com/product_sub.php?mem=&pid=1332&p=7&sid=34&img=i
mages/product/946722.jpg
xv
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mages/product2/13110962964_l.jpg
xvi
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xviii
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http://www.spathaishop.com/?cid=59497&subid=14955
195
xxviii
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%E0%B8%81%E0%B8%A3%E0%B8%B0%E0%B8%95%E0%B8%B4%E0%B8%81%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B8%A3%E0%B9%89%E0%B8%AD%E0%B8%99+HOUSE+WORTH+%E0%B9%80%E0%B8%AE%E0%B9%89%E0%B8%B2%E0%B8%AA%E0%B9%8C%E0%B9%80%E0%B8%A7%E0%B8%AD%E0%B8%A3%E0%B9%8C%E0%B8%94+HW+855++%E0%B8%82%E0%B8%99%E0%B8%B2%E0%B8%94+5.5+%E0%B8%A5%E0%B8%B4%E0%B8%95%E0%B8%A3.html xxxii
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%E0%B8%9C%E0%B9%89%E0%B8%B2%E0%B8%82%E0%B8%99%E0%B8%AB%E0%B8%99%E0%B8%B9+%E0%B8%82%E0%B8%99%E0%B8%B2%E0%B8%94+15*30+%E0%B8%99%E0%B8%B4%E0%B9%89%E0%B8%A7+3.5%E0%B8%9B%E0%B8%AD%E0%B8%99%E0%B8%94%E0%B9%8C+%E0%B9%82%E0%B8%AB%E0%B8%A5.html xxxiii
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www.ismed.com xlvii
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196
li
http://www.nungphaman.com/ lii
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liii http://creamandoilmassage.igetweb.com/index.php?mo=3&art=267996
liv
http://women.sanook.com/work/108jobs/108jobs_26616.php
lv
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lvi
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lvii
http://www.oic.or.th/upload/printing/uploadfile/12-1940.pdf
lviii http://ktdoilanradio.com/NP-3988-
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