Business Development Plan Assignment
Added on 2020-05-01
13 Pages2040 Words56 Views
Running head: BUSINESS DEVELOPMENT PLANBusiness Development PlanName of the StudentName of the UniversityAuthors NoteCourse ID
BUSINESS DEVELOPMENT PLAN1Table of ContentsSales Forecast:............................................................................................................................2Project Funding:.........................................................................................................................2Cash Flow Projections:..............................................................................................................3Profit and Loss Account:............................................................................................................4Break-Even Analysis:.................................................................................................................5Balance Sheet:............................................................................................................................6Payback Period:..........................................................................................................................7Financial feasibility:...................................................................................................................7Bibliography List:....................................................................................................................11
BUSINESS DEVELOPMENT PLAN2Sales Forecast: (1) SALES FORECAST Year0123Projected Sales 3,60,0004,20,0005,20,000(b) Cost of goods 1,35,0001,65,0002,25,000Project Funding:Start Up ExpensesStart-up ExpensesFixed CostsParticulars Amount ($)Development cost $6,500Lease Repayment $18,500License cost $1,750Office rent$7,500Utility deposit (Gas, electric and water)$2,500Wages and salary for three month$11,250Staff training cost $1,850Marketing and sales cost $2,500Office equipment $3,500Promotional Cost$12,500Transportation cost $2,250Insurance $3,000Working capital $35,000Total Fixed Costs$1,08,600Average Monthly CostsRent$542Interest on loan 8%$146Postage & Telephone$292Repairs and Maintenance $1,683Gasoline and Oil$938Salaries / Wages$1,542Total Average Monthly Costs$5,142x Number of Months:12Total Monthly Costs$61,700Total Startup Expenses$1,70,300Start-up AssetsSources of fundsOwners Fund$1,25,000
BUSINESS DEVELOPMENT PLAN3Total Owner Funding$1,25,000LoansBank Loan $75,000OtherTotal Loans$75,000Total Start up Funds$2,00,000Assets Computers17500Furniture$30,000Vehicles$50,000Equipment’s$45,000Total Fixed Assets$1,42,500Total Start-up Assets$3,42,500Cash Flow Projections: (2) CASHFLOW FORECAST PreopYear0123CASH INFLOWSCash from Sales3,60,0004,20,0005,20,000Directors loans75,00075,00075,00075,000Capital Employed1,00,0001,25,0001,37,5001,51,250Other cash inflowsTOTAL CASH INFLOW1,75,0005,60,0006,32,5007,46,250CASH OUTFLOWSPayments for materials1,35,0001,65,0002,25,000operating expenses ( )0Premises (rent, rates)018,50020,35022,385Wages and salaries045,00054,00067,500General expenses02,2502,4752,723Interest and bank charges payable012,50013,75015,125Lease payments012,50013,75015,125Corporation Tax13,51516,03719,830Market survey costs02,5002,7503,025Other preliminary expenses02,2502,4752,723
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