http://www.bizhelp24.com/accounting/the-profit-loss-account-5.html The free content within this entire web site is for information only.The content is believed to be accurate, but only in general terms. Specific advice is needed for individuals & businesses.ROK Connect Limited (Registered in England No.3573320) t/a Biz Help 24 is registered with the Data Protection Act 1998 No.PZ7082780 Terms of use Advertise With BizHelp24 Press Releases ROK Connect Limited 2008. All rights reserved. Website design by: PCDFinancial Plan The following sections lay out the details of our financial plan for the two three years.

Start-up Funding This business plan is prepared to obtain financing in the amount of P100,000 .The supplemental financing is required to begin work on site preparation and modifications, equipment purchases, and to cover expenses in the first year of operations. This amount is planned to be repaid by 50,000 each year by two years.

Owners investments has already been secured as follows:

1. P20,000 of personal savings from owner Kealeboga Thobolo.

2. P20,000 from the second partner,Keletso.

3.P20,000 from Kuatji

4.P20,000 from Irene Molefhi

5.P20,000 from Florence Rankhudu.

6.P20,000 from Kagiso

7.P20,000 from Kandivirua

8.P20,000 from the other lady

9. P25,900 in the form of short-term bank loans.

Pula

Start-up Expenses to Fund 22,900

Start-up Assets to Fund 60,000

Total Funding Required 82,900

Assets

Inventory 20,000

Cash Balance 185,000

Total Assets 205,000

Liabilities

Short Term Bank Loans 25,900

Funds Needed to Raise 50,000

Total Liabilities 75,900

Capital

Kealeboga Thobolo20,000

Keletso20,000

Kuatji 20,000

Irene Molefhi20,000

Florence Rankhudu20,000

Kagiso20,000

Kandi20,000

The new lady20,000

Total Planned Investment 160,000

Projected Profit and Loss

The Profit & Loss Account (P&L) is a report of the company's profit on the sale of their goods or the provision of their service over a trading period, normally one year.Payroll Expense: The partners of Safari Interneti Caf, Kealeboga Thobolo,Keletso,Irene Molefi, Florence Rankhudu ,Kagiso, Kandi, kuatji, will receive a salary of P240,000 in year one, P264,000 in year two,Safari internet Caf intends to hire six part-time employees in year one at P55/hour and a full-time technician at P100/hour.

Rent Expense: Safari Internet Caf is leasing a 100m2 at P500/month for a total of 24 months. At the end of the two years, the lease is open for negotiations and safari Internet Caf may or may not re-sign the lease depending on the demands of our services.

Utilities Expense: As stated in the contract, the cafe is responsible for the payment of utilities including gas, garbage disposal, and real estate taxes. The most common expenses that safari internet Caf must pay are electricity and the phone bill generated by fifteen phone lines; thirteen will be dedicated to broadband and two for business purposes.

Marketing Expense: Safari Internet Caf will allocate P50,500 for promotional expenses over the first year. This amount will be used for advertising in magazines,daily newspapers and posters in order to build consumer awareness.

Insurance Expense: Safari internet Caf has allocated P200 for insurance for the first year. As revenue increases in the second of business, Safari internet Caf intends to invest more money for additional insurance coverage.

20092010

PULAPULA

Sales 50,000 75000

Less:Cost of Sales 500070,000

Opening Stock20,000 30,000

Pruchases50,000 20,000

Less:Closing Stock30,00040,000 10,00040,000

Gross Profit 10,00030,000

Less: expenses

Rent500500

Insurance 200200

Electricity150150

Telephone250250

Stationery500500

Postage100150

Bank charge15015

Advertising45023004502215

NET PROFIT770027,785

Projected Cash Flow

CASH BUDGET

JANUARYFEBRUARYMARCH

RECIEPTS

Sales Reciepts30,00030,00040,000

Capital100,000

TOTAL RECIEPTS130,00030,00040,000

PAYMENTS

Purchases50,00017,50017,500

Fixed assets45,00052,500

Rent/Rates500500500

Insurance200200200

Electricity150150150

Telephone250250250

Stationery500500500

Postage100100100

Bank charges150

Advertising450450450

TOTAL PAYMENTS

CASH FLOW FOR MONTH

BANK BALANCE B/F

BANK BALABCE C/F

Projected Balance Sheet Fixed Assets

Cash

Total Current Assets

Total Assets

Long-term Liabilities

Total Liabilities

Net Assets

Paid-in Capital

Retained Earnings

Net Worth