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BUSINESS PLAN ACTIVITY
ORGANIZATION LOGO
CLASS: MBA (previous) 2K12
Assigned by: MADAM NAVEEDA
ENTREPRENEURS ARE:
*SANA IZHAR (142) *ADIL ABBAS (18)*AISHA JAMIL (22) *ABDUL RAZZAQUE (09)*ANAM KHAN (32) *MURTAZA SARHANDI (58)*SAAD UN NISA (133) *ABDUL HAMEED (189)*WAJIHA MOHSIN (176) * MURSALEEN (20)
PRESENTATION DATE: 14th November 2012
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BUSINESS PLAN:
Introductory page:
Company name : “TAKE CARE”
Address: plot # E135, Autobhan road, Hyderabad Sindh
Tel: 0300-1234567, 0333-1234567, 022-12345678
Fax: 022-3456789
E-mail address: [email protected]
Website: http://www.takecare.com.pk
Name of Principals:
Take Care company is a partnership Firm, Which is registered under partnership act
(ix) 1913 of Pakistan under registration no: 12345, in current 10 partners are
contributing capital, Skills and Time as per partnership deed , name and addresses of
principals/partners are as under ;
Adil Abbas
Address: Abdullah centre Qasimabad Hyderabad
Tel: 0333-1234567
Abdul Razzaque Dahar
Address: Tandojam
Tel: 0333-1234567
Pir Ghulam Murtaza Sarhandi
Address: Qasimabad Hyderabad
Tel: 0333-1234567
Ahmed Mursaleen Memmon
Address: Tando Allahyar
Tel: 0333-1234567
2
Farhad Mahessar,
Address : Sindh University colony , Jamshoro
Tel: 0333-1234567
Sana Izhar
Address: Latifabad Hyderabad
Tel: 0345-1234567
Anum Khan
Address: Latifabad Hyderabad
Tel: 0345-1234567
Aisha Jameel
Address: Latifabad Hyderabad
Tel: 0345-1234567
Wajiha Mohsin
Address: Latifabad Hyderabad
Tel: 0345-1234567
Saad Un Nisa
Address : Hyderabad
Tel: 0345-1234567
NATURE OF THE BUSINESS:Take Care company is a multi service providing organization , one of which is child
care services, the organization ownership is based on partnership deed agreed as per
deed . The organization is focusing on training and taking care of children’s between
3-5 age group from 7a.m to 6p.m, The children will be exposed to a wide range of
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activities including arts and crafts, socialization, large muscle group activities, and
general learning. The Take Care will be priced out of some people's budget, but will
offer a low student to teacher ratio and well trained staff. The Take Care will be
located at a recently leased building.
Start-up Summary:
The Take Care’s start-up costs include:
The lease of a four bedroom apartment and the appropriate renovations to bring it up to code in reference to bathrooms and kitchen (depreciated using the straight line method)
Stackable chairs (depreciated)
Tables (depreciated)
Office furniture (depreciated)
TV and VCR (depreciated)
Sleeping mats and pillows (depreciated)
Outdoor playground set (depreciated)
Storage bins (depreciated)
Laundry facilities (depreciated)
Computer system with printer, CD-RW, and Internet connection (depreciated)
Copier and fax machine (depreciated)
Art supplies
Toys
Medicine kits
Kitchen supplies
Brochures
Cleaning supplies
Legal fees
Advertising costs
4
STATEMENT OF FINANCIAL NEEDS
Start-up RequirementsStart-up ExpensesLegal 10,000
Stationery etc. 40,000
Brochures 15,000
Art supplies 50,000
Kitchen supplies 30,000
Cleaning supplies 10,000
Medicine kits 5,000
Advance Deposit For Building 120,000
Pre paid Rent Building (3 month) 45,000
Matts and pillows 45,000
Other 60,000
Total Start-up Expenses 430,000
Start-up AssetsCash Required 2,000,000
Other Current Assets 45,000
Long-term Assets 525,000
Total Assets 2,570,000
Total Requirements 3,000,000
START UP FINDING
PLANNED INVESTMENT
Start-up Expenses to Fund 430,000
Start-up Assets to Fund 2,570,000
Total Funding Required 3,000,000
Assets
Non-cash Assets from Start-up 430,000
Cash Requirements from Start-up 2,000,000
Additional Cash Raised 0
Cash Balance on Starting Date 2,000,000
Total Assets 2,570,000
Liabilities and Capital
Liabilities
Current Borrowing 0
Long-term Liabilities 0
Accounts Payable (Outstanding Bills) 0
Other Current Liabilities (interest-free) 0
Total Liabilities 0
Capital
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COMPANY OWNERSHIP:
The Take Care ownership will be based on partnership deed between partners , capital
contributed equally, and registered under partnership act of 1913.
INDUSTRY ANALYSIS:
This organization is expected to open more branches all over the Pakistan in the next 10
years. It would be the most trusted, dedicated and competent organization.
There are a few day care and self defense centre all over the Pakistan. There is no
concept of day care and martial arts in Hyderabad. We are the pioneer of these services
and setting Monopoly. We build trust that our customer will not move in case of
upcoming competitors.
Future trends of Martial arts are:
1 Recently the popular movies “kung fu panda “and “karate kid “caused an
increasing interest among children.
2 Another trend is that longer health fitness organization is moving into the
martial arts field and general consolidation is occurring.
3 To feel safe from harassment and insecure environment, Martial arts is today’s need of every girl and its becoming more popular and trendy due to its other various advantages.
Future trends of Day Care Centre are:
Partner 1 300,000
Partner2 300,000
partner3 300,000
partner4 300,000
partner5 300,000
partner6 300,000
partner7 300,000
partner8 300,000
partner9 300,000
partner10 300,000
Other 0
Additional Investment Requirement 0
Total Planned Investment 3,000,000
Loss at Start-up (Start-up Expenses) (430,000)
Total Capital 2,570,000
Total Capital and Liabilities 2,570,000
Total Funding 3,000,000
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1 Due to the inflation many mothers are bound to work. Giving helping hands to family, they need to go out and earn money for their family. Take Care provide easiness to mothers in carrying out their professional lives.
2 Now a day’s girls especially mothers thought that they want to stand on their own feet (Financially strong).
DESCRIPTION OF VENTURE:
To open our branches in all big cities in Pakistan.
Establish a unique, modern, safe and clean martial arts environment.
Keep the students and family members happy through pro active management.
To develop a sustainable, profitable startup business.
KEY TO SUCCESS:
Variety of activities
Reputation
Marketing
Profitability:
MISSION OF OUR BUSINESS:
Take care wants to become the largest and the most trusted organization of martial arts and children care.
To build an image of trust and satisfaction in the minds of our customers about their children and themselves.
To provide our young generation a quality and useful time.
To give our young customers a chance to know, develop, and enhance their hidden skills through different kind of activities.
SERVICES:
The Take Care is a service providing organization which will be offering services with
the aim of empowering women, services offered by Take Care is designed in a way that
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it will allows women to make their life as they want, offering parents to work without
being worried about their child, helping girls to build up their confidence and to learn
live healthy and independent life Take Care is where care is ultimate assure, the
services offered by Take Care are;
Take Care Child Care
Take Care Martial Art
i) Take Care child care facility is offered for age upper end child care ranging from 3 to
7, the Take Care offers a low teacher to student ratio, custom facilities, and innovative
learning programs. The Take Care hours will be a bit wider range than normal business
hours to accommodate the working parents, the target customer are two income
families have children, yet both parents work specially in unstable environment of
Pakistan where instability in financial supply forces both parent to work if they have to
live a good life and to fulfill the basic societal and psychological and physical needs of
their children, parents n their work needs someone to take care of their children, Take
Care answers to this problem my providing a wide range of baby care services. The take
care is an innovative solution that acts as virtual parents, broadening the children's
skills during the day. This is not a baby sitter facility. The children are engaged
throughout the day, learning new skills and reinforcing already acquired ones.
The Take Care will be targeting double income professional families who, because of
work obligations, do not have the time during the day to care for their child. The Take
Care will be targeting families that are interested in something more than simple baby-
sitting facilities, they would like the children to be enrolled in a program that offers
development of many different skills including: socialization skills, arts and crafts, large
muscle group workouts, reading, numbers, etc. Parents who are professionals, who are
ambitious by nature themselves, are typically eager for their children to move
ahead and are willing to pay for the best development care services for their children.
Take Care provides pre learning training and prepares them for schooling, build up
their mental strength allowing them to face their future, Take Care has developed
various activities to build up children’s confidence, providing them good physical
exercise they need and healthy environment.
The services offered are:
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› Full time Child care (for age group 3 to 5)
› Half time Child care (for age group 6 to 7)
Take Care child care is concentrating on two salary parents only who cannot manage
there working time to take care of their Childs, and can afford Take Care services, it
helps parent to focus on their work, to build their careers, Take Care is not just a baby
sitter service it’s what your child need to grow, need to prepare to face their future
challenges.
ii) Take Care Martial Art is focusing on providing self defense and basic quality martial
training to students especially to girls, in a safe and healthy learning environment,
where the best instructors will be providing these services.
Take Care Martial Arts is targeting girls of age group 5 to 25, Take CARE will be
providing various services including , basic martial arts, self defense, esteem and life
skill building, the classes will be provided in Autobahn road campus, and people will be
trained psychologically and mentally, in addition to the physical fitness martial arts will
promote discipline, honor, self-control, respect, courtesy, perseverance and loyalty.
Here are some benefits can expect from training in Take Care Martial Art, these are,
FITNESS:
The principles of Take Care Martial Arts are based on the design of the
human body. For power the body develops the larger, powerful muscles of the
torso. The speed of the techniques comes from the fast, agile muscles of the arms
and legs. As students progress they learn to coordinate this speed and power, and
develop a concentration to focus all of their body's strength into a small, hard
striking surface like the edge of the hand or the heel of a foot.
SELF DEFENSE
When the speed and power developed through Martial Art is used in a self-defense
situation against the vulnerable parts of an attacker's body, the results can be
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incredible. Martial Art allows a woman to emphasize many of her natural physical
strengths, such as power in the legs, while learning a method of self-defense efficient
against a much larger opponent. Knowing they can defend themselves, the
student's confidence will grow. And confidence alone is usually enough to deter
potential attackers.
SELF CONFIDENCE
This does not come naturally for many people, but self-confidence can be developed
over a period of time. Through Martial Art, as students accomplish new goals, their
confidence level increases. Taekwondo instills a sense of discipline and self
confidence that can carry over to all aspects of life.
SIZE OF BUSINESS
Take Care steps in Business world with medium scale and with total initial investment
of 3 million rupees, with 10 partners contributing 0.3 million each, partners will also be
contributing their skills and time, giving their full commitment to the organization. As
the operation grows, the owners will consider re-registering as a limited liability
company or as a corporation, whichever will better suit the future business needs, Take
Care is having more plans regarding expansion of business in coming future, especially
after 3rd year of operation the Take Care will go for including some more services and
opening more branches in Hyderabad.
PERSONNEL
The staff will consist of 10 working partners’ working full time, in the training and
leading staff, giving their full commitment to organization, at the infant stage Take
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Care in its staff family will be including following members, our staff members are our
associates which will make Take Care work and allows it to take best care of its
customers, these associates are
C.E.O 20,000 per month
Administrator 20,000 per month
Administrator 20,000 per month
Administrator 20,000 per month
Operational Manager 15,000 per month
H.R. Manager 15,000 per month
Marketing Manager 15,000 per month
Finance Manager 15,000 per month
T.Q. Manager 15,000 per month
Internal Audit Manager 15,000 per month
Martial Art consultants: 4000 per batch
Teacher 10,000 per month
Teacher 10,000 per month
Nurse 8,000 per month
Nurse 8,000 per month
Receptionist 7,000 per month
Peon 5,000 per month
Peon 5,000 per month
Security guard 8,000 per month
OFFICE EQUIPMENT
To run the daily operations Take Care will needs some of basic Equipments, being a
service providing organization Take Care will not need more equipment, these
equipments are
Computer system
Fax Machine
Telephone
L.C.D TV
DVD player
Projector
Air Conditioner / Heaters (as per weather)
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BACK GROUND OF ENTREPRENEURS:
Daily operation will be performed by partners; all the partners are having professional
degree in business administration, having qualification of M.B.A, with sound knowledge
of business management, along with their specialization in various fields like software
engineering, finance, marketing, H.R.M, M.I.S. Every partner of our entrepreneurial
group is having sound communication skills which are important in service providing
organizations, having their early educations from reputable educational institutions, in
their younger days they all were socially active and perform responsibilities of leading
class activities and various educational events. At the early days of University education
all partners were engaged in part time job which lead their ways toward
entrepreneurship.
OPERATIONAL PLAN
The overall operation of company is women oriented, the main aim of Take Care is to
empower women, to build their confidence at every age of life, whether as child by when
they need someone to take care o them when their parents are off to work and there is
no one to take their quality care, or when they are their schooling age by proving
Martial Art and self-defense training Take Care will enable them to groom their
physical health, confidence level, as a working women Take Care will take
responsibility of their child leaving her tension free allowing her to make her full
commitment to her work and career and carve her way the way she like.
Take Care will be operating for provision of two services working full day from 9a.m to
8p.m, our Target customers are working parents with two salary parents (both mom
and dad working).
From 9a.m to 5p.m, take care will be offering Child Care services, the time when parent
needs someone to not only Take Care of their Childs but to also nourish them and mild
them to meet their future challenges.
Take Care Child Care services offer two packages suits both schooling and non
schooling young kids, age group of 3 to 7.
Full day Child Care (age group 3 to 5)
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Half Day child care (age group 6 to 7)
Special Day Service for Guest Customers (age group 3 to 7)
The above mentioned services will be provided from 9a.m till 5p.m, the Building is
located at Autobahn road opposite to McDonalds the crossing between road allow
travelers to provide best access to building, Autobahn road serves as linking area
between some of the well Located areas like Qasimabad, Latifabad, Wehdat
Colony, G.O.R colony and also to main city of areas, popular franchises in the area
allows potential customers to the Take Care.
At current Take Care will not be providing pick and drop services to Child, neither
food facility parents themselves have to pick and drop their child, also they have to
provide food boxes to their child or their child can purchase food items from Tuck
shop with in premises of Take Care.
ADMISSION PATTERN
At the time of admission of the child to the Take Care parents need to fill the
admission Performa which will be asking to provide basic information and allow
parents to read the policies of Take Care while considering admission these are,
Name of the child
Age of child
Parents name and full address
Contact no
Name, address, contact info of the person to contact at any emergency
Affidavit for accepting all the policies of Take Care
Parents Salary
Parents working address and contact info
FEES STRUCTURE
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the fees charged for Child Care services are as follow;
Full day Child Care Rs. 150 per day
Half Day Child Care Rs. 80 per day
Special Package or non regular customers Rs. 150 per day
Registered members Rs. 1000 registration fees annually
Rs. 4000 per month
SERVICE COVERS FOLLOWING FACILITIES:
The services designed for children in Child Care are well designed and considered by experts
before planning schedule, and these are:
9a.m to 10a.mobservation time
10a.m to 12.30p.m Movie Time
12.30p.m to 1p.m Lunch time
1p.m to 2.30p.m rest time
2.30p.m to 3.30p.m painting time
3.30 to 4.12p.m Cycling time
4.15p.m to 5p.m Phoenix time
Take care Martial Art services are offered for girls only of age group 5 to 25, our target
customers are schooling girls, the timings are well adjusted according to their school and
tuition timing, From 5p.m to 8p.m.
Take Care Martial Art will be hiring martial art consultant to the students, offering them
martial art training at basic levels as well as self defense training.
ADMISSION PROCEDURE;
At the time of admission students need to fill application form which will be available at
Take Care Office Every time, students need to provide following information
Full Name and Father’s Name
Address
Contact info (telephone no: E-mail address)
Photographs
Age and Schooling info
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An Authority latter from parents allowing them to take admission
Affidavit dully signed and attested declaring student and parents accepting
policies and taking responsibility of any accident.
SERVICES OFFERED
Take Care Martial Art offer following courses,
BASIC PROGRAM
The Basic Program is for children and adults of all ages. Under this program the student
will receive, upon membership, two times a week instruction in the basic core skills.
Classes will be divided by age groups.
BLACK BELT CLUB PROGRAM:
The Black Belt Program is for children and adults of all ages. Students in this program
will receive instructions three times weekly. This program also features free sparring,
board breaking and street self-defense. Classes will be divided according to age group
and rank.
MASTER CLUB PROGRAM
The Masters Club Program is for children and adults of all ages. All students will be
encouraged to graduate into this program as they progress and experience the art. This
program provides unlimited weekly instruction. This program also features free
sparring, board breaking, street self-defense and weapons training. This program offers
the complete package for Self-Defense Classes and will hold the largest portion of the
Cents and Sensibility Martial Arts School enrollment. Class instruction will be divided
according to age group and rank.
FEES STRUCTURE
Fees Charges for courses offered are as follow:
i) For Basic And Self Defense 1000 per month
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ii) For Black Belt Club 2000 per month
iii) For Master Belt Club 2500 per month
Timing for each batch will be One Hour per day and 6 days a week. Sunday will be off.
FUTURE OPERATIONAL PLANS
After the 3rd Operational year Take Care has planned to grow size and services,
Child Care will be Adding Swimming pool and Swimming classes for children,
Children dress shop will be arranged with in premises of Take Care child care,
Toy and children story shops will also be arranged with in premises,
Service Van be purchased for staff pick and drop,
Take Care will open new branches.
Pick and drop facility will also be provided to children and martial art students.
Competitions will be organized to promote Martial Art.
ORGANIZATIONAL PLAN
Take Care starts its business as partnership business, consisting of 10 partners at
current; the partners will be equally distributing the Capital, Time and efforts. Every
Partner will be contributing their efforts in management team; The responsibilities are
distributed as per their expertise
The partners are:
Saad Un Nisa Mahesar, C.E.O of Take Care
Anum Khan, Member Of Administration
Ghulam Murtaza Sarhandi, Member of Administration
Wajiha Mohsin, Public Relation Officer
Sana Izhar, Finance Manager
Aisha Jameel, Marketing Manager
Adil Abbas, Operational Manager
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Abdul Hameed Mahesar, TQM Manager
Abdul Razzaque Dahar, H.R Manager
Ahmed Mursaleen Memon, Internal Auditor
The Detailed responsibility of each member as per designation is as follow:
The Board of Directors consists of five partners who are responsible for
taking major decisions of organization and evaluating performance, The
board of directors' key purpose is to ensure the company's prosperity by
collectively directing the company's affairs, whilst meeting the appropriate
interests of its stakeholders. In addition to business and financial issues,
boards of directors must deal with challenges and issues relating to corporate
governance, corporate social responsibility and corporate ethics.
The Chief Executive Officer (hereafter CEO) is a member of the Company's
Board of Directors and his/her function can be combined with the function of
Chairman of the Board.
The CEO is delegated by the board, when it is established as a body, to have full
administrative and representational powers. In the context of this authority, the CEO is
in charge of all the Company's departments, directs their operation, makes the
necessary decisions in the framework set out by the applicable legislation.
Responsibilities of the CEO include most importantly:
To draft the Company's income and expenditure budget at least two (2) months
before the beginning of the fiscal year and submit it to the Company's board for
approval.
To submit to the Company's Board the necessary proposals and suggestions as to
fulfil the Company's objectives as provided for in Article 2 of the Articles of
Association.
To draft the Company's annual report within three (3) months from the end of
every fiscal year.
To execute the decisions of the Board.
To draft contracts of a financial nature up to the value defined by a board
decision.
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To initiate to the board on all items on the agenda, with the additional capacity of
initiating issues outside the agenda for decision making, in accordance to the
ordinances of the law and the Company's statutes.
To monitor the Company's daily operations, as well as to supervise the
undertakings of each of its operational units and organizational sectors, as well
as the discharge of duties of the Company's employees in all areas.
The CEO may transfer a part of his/her competences stipulated by the law and
the Company's Articles of Association to other members of the board, the
executive directors, managers or other company employees.
The CEO drafts a contract of employment with the Company. The duration of the
contract, the remuneration, as well as the general employment terms of the CEO
are determined upon the decision of the Company's Board of Directors and
approved in accordance to article 23a of Codified Law 2190/1920, as in force, by
a General Meeting decision. In any case, the duration of the Chief Executive's
contract cannot exceed four (4) years.
When absent or incapable to attend the CEO shall be replaced by the Chairman
of the Board, provided that the function of Chief Executive does not coincide
with being Chairman of the Board; in any other case, by a person appointed by
the Board, following a suggestion of the CEO.
If the relationship of the Chief Executive with the Company is terminated on any
grounds, the board decides upon filling-in the position until a replacement is
selected.
Human resource managers have strategic and functional responsibilities for all of
the HR disciplines. A human resource manager has the expertise of an HR
generalist combined with general business and management skills. In large
organizations, a human resource manager reports to the human resource
director or a C-level human resource executive. In smaller companies, some HR
managers perform all of the department's functions or work with an HR
assistant or generalist that handles administrative matters. Regardless of the size
of department or the company, a human resource manager should have the skills
to perform every HR function, if necessary.
Major roles and responsibilities of internal audit function are summarized as
below
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evaluates and provides reasonable assurance that risk management, control, and
governance systems are functioning as intended and will enable the
organization’s objectives and goals to be met
reports risk management issues and internal controls deficiencies identified directly
to the audit committee and provides recommendations for improving the
organization’s operations, in terms of both efficient and effective performance
evaluates information security and associated risk exposures
evaluates regulatory compliance program with consultation from legal counsel
evaluates the organization’s readiness in case of business interruption
maintains open communication with management and the audit committee
teams with other internal and external resources as appropriate
engages in continuous education and staff development
Provides support to the company's anti-fraud programs.
The roles and responsibilities of a finance manager require a sincere commitment to
detail and an inexhaustible need for new challenges. Each industry has its own laws
and spending regulations such as health care or local government that finance
managers must adhere to and more importantly hold each department of the
business accountable to in order to maintain a fully functioning and federally
compliant organization.
Take Care Marketing Manager has to perform following responsibilities
Instilling a marketing led ethos throughout the business
Researching and reporting on external opportunities
Understanding current and potential customers
Managing the customer journey (customer relationship management)
Developing the marketing strategy and plan
Management of the marketing mix
Managing agencies
Measuring success
Managing budgets
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Ensuring timely delivery
Writing copy
Approving images
Developing guidelines
Making customer focused decisions
MARKETING PLAN
Take care is the organization which is providing some new services in Hyderabad like
day care centre and martial arts services. To promote our services we will arrange
activities and events in different schools and through advertisement in news papers and
in television and in social media.
We will also arrange some seminars for awareness of parents and we will motivate
parents to grow up their children according to the needs of new era.
RISK ASSESSMENT PLAN
1 Broken toys and equipment could hurt children while playing. To avoid these
accidents such toys would be checked before giving to children.
2 Poisonous cleaning agents could become a cause of epidemic disease. These
materials should be kept at safer places and would not be accessed by unaware
person.
3 In case of fire or natural disaster children and trainees would be evacuated
safely from the building and assembled carefully.
4 First Aid facility would be kept on hand in case of any wound or injury.
5 Parents will be convinced to send their girls to learn martial arts, all the training
sessions will be arranged in the presence of trained consultants.
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FINANCIAL PLAN
IMPORTANT ASSUMPTIONS
Following are some of the important assumptions regarding Sales and Expenses:
Sample Pro forma of Expenses for 1st three months:
Expenses
January February March
Salary to partners 170,000 170,000 170,000
Pay roll to employees 65,000 65,000 65,000
Rent 15,000 15,000 15,000
Utilities 2000 2000 2000
Advertisement expenses
10,000 10,000 10,000
Office Supplies expenses
800 800 800
Miscellaneous expenses
5,000 5,000 5,000
Total Expenses 267,800 267,800 267,800
Sample Pro forma of Revenue for 1st three Months
Sales January February MarchChild Care Operating revenue Full day fees 75,000 75,000 81,000Half Day fees 48,200 53,200 63,200Special Day Service for guest customers 37000 40000 43,000Total Child Care Revenue: 160,200 168,200 187,200
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Martial Art Revenue Basic Self Defense Revenue 14,000 18,000 20,000Black belt Revenue 11,200 12,600 14,000Master belt Revenue 11,200 11,200 12,800
Total Martial Art Revenue: 36,400 41,800 46,800
Non Operating Revenue Tuck Shop Rent Revenue: 8000 8000 8000 Total Revenue: 204,600 218,000 242,000
Monthly Pro forma Income Statement For 1st Year:
January February March April May June July August September
October
November
December
Child Care Operating Revenue:
Child Care Revenue:
Full Day Service fees
75,000 75,000 81,000 80,000 81,000
91,000 90,000
92,000 90000 93,000 94,000 89,000
Half Day Service fees
48,200 53200 63200 63000 64000
68,000 65000
66000 62,000 63,000 64,000 65,000
Special One Day Service fees
37,000 40000 40000 39,000 40,000
50,000 50,000
51,000 52,000 49,000 49,000 51,000
Total Child Care Operating Rev:
160,200 168,200 184,200 182,000
185,000
209,000
205,000
209,000 204000 205,000
207,000 205,000
Martial Arts Revenue:
Basic Self Defense Fees
14000 18000 20,000 21000 22000
28000 29000
29000 33000 33000 34000 35000
Black Belt Fees
11200 12600 14000 15000 15000
16000 16000
17000 17000 18000 18000 18000
Master Belt Fees
11200 11200 12800 12800 14400
14400 14400
16000 16000 16000 17600 17600
Total Martial Art Revenue:
36400 41800 46,800 48800 51400
58400 59400
62000 66000 67000 69600 70600
Total Operating Revenue:
233,000 210,000 231,000 230,800
236,400
267,400
264,400
271,000 270,000 272,000
276,600 275,600
Less: Operating Expenses,
Salary to Partners
170,000 170,000 170,000 170,000
170,000
170,000
170,000
170,000 170,000 170,000
170,000 170,000
Pay Roll to Employees
65,000 65,000 65,000 65,000 65,000
65,000 65,000
65,000 65,000 65,000 65,000 65,000
Rent expenses
15,000 15,000 15,000 15,000 15,000
15,000 15,000
15,000 15,000 15,000 15,000 15,000
Utilities expenses
2000 2000 2000 2,000 2,000
2,000 2,000
2,000 2,000 2,000 2,000 2,000
Advertisements expenses
10000 10000 10000 10,000 10,000
10,000 10,000
10000 10000 10000 10000 10000
Office Supplies Expenses
800 800 800 800 800 800 800 800 800 800 800 800
Miscellaneous Expenses
5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000
22
Total Operating Expenses:
267,800 267,800 267,800 267,800
267,800
267,800
267,800
267,800 267,800 267,800
267,800 267,800
Gross Profit: -34,800 -57,800 -36,800 -37,000
-31,4
00
-400 -3,40
0
3,200 2200 4,200 8,800 7,800
Non Operating Revenue/Exp:
Add Non Operating Revenue:
Tuck Shop Fees
8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000
E.B.I.T :
-26,800 -49,800 -28,800 -29,000
-23,4
00
7,600 4,600
11,200 10,200 12,200 16,800 15,800
Annual Pro forma Of Income Statement For 1st 3 Years:
Year 1 Year 2 Year 3
Child Care Operating Revenue:
Child Care Revenue: Full Day Service fees 1031000 1150000 1350000Half Day Service fees 844,600 875000 900000Special One Day Service fees 586,200 630000 764000 Total Child Care Operating Rev:
2361800 2655000 3014000
Martial Arts Revenue: Basic Self Defense Fees 316000 430000 500000Black Belt Fees 187800 200000 230000Master Belt Fees 174600 195000 220000 Total Martial Art Revenue: 678400 825000 950000Total Operating Revenue: 3,040,200 3480000 3964000Less: Operating Expenses,
Salary to Partners 2,040,000 2,040,000 2,040,000Pay Roll to Employees 780,000 780,000 936000Rent expenses 180,000 180,000 180,000Utilities expenses 24,000 24,000 24,000Advertisements expenses 120,000 150,000 180,000Office Supplies Expenses 9,600 10,000 12,000Miscellaneous Expenses 60,000 75,000 80,000 Total Operating Expenses: 3,214,000 3,259,444 3,452,444
23
Gross Profit: -173800 220,556 511,556 Non Operating Revenue/Exp:
Add Non Operating Revenue:
Tuck Shop Fees 96000 96000 108000
E.B.I.T :
-77,800 316,556 619,556
Less: Income Tax: 0 94966 185866
Net Profit After Tax: -44 221,590 433,690
Monthly Pro forma of Cash Flow for 1ST Year:
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Cash Received
Cash from Operations:Child Care cash Revenue: 160,200.00 168,200.00 184,200.00 182,000.00 185,000.00 209,000.00 205,000.00 209,000.00 200,000.00 205,000.00 207,000.00 205,000.00
Martial Art Cash revenue 36,400.00 41,800.00 46,800.00 48,800.00 51,400.00 58,400.00 59,400.00 62,000.00 66,000.00 67,000.00 69,600.00 70,600.00
Subtotal Cash from Operations 196,600.00 210,000.00 231,000.00 230,800.00 236,400.00 267,400.00 264,400.00 271,000.00 266,000.00 272,000.00 276,600.00 275,600.00Additional Cash Received
New Current Borrowing 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
New Other Liabilities (interest-free) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00New Long-term Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Sales of Other Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Sales of Long-term Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00New Investment Received 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Non Operating Cash
TUC Shop Rent 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00
Subtotal Cash Received 2330,00.00 218,000.00 239,000.00 238,800.00 244,400.00 275,400.00 272,400.00 279,000.00 274,000.00 280,000.00 284,600.00 283,600.00
ExpendituresExpenditures from Operations
Salaries to Partners 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00 170,000.00
Pay Roll to Employees 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00 65,000.00
Rent Paid 15,000.00 15,000.00 15,000.00 15,000.00 1,500.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00Advertisement Expenses Pid 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Utility Bills 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00Office Supplies Expenses 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00
24
Miscellaneous 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Other Liabilities Principal Repayment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-term Liabilities Principal RepaymentPurchase Other Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Purchase Long-term Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividends 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub Total Of Net Cash Spent 267,800.00 267,800.00 267,800.00 267,800.00 254,300.00 267,800.00 267,800.00 267,800.00 267,800.00 267,800.00 267,800.00 267,800.00
Net Cash Flow -26800.00 -49,800.00 -28,800.00 -29,000.00 -23400.00 7,600.00 4,600.00 11,200.00 10,200.00 12,200.00 16,800.00 15,800.00
Beginning Cash Balance
2,000,000.00
1,973,900.00
1,925,000.00
1,896,200.00
1,876,200.00
1,843,800.00
1,851,400.00
1,856,600.00
1,867,200.00
1,877,400.00
1,889,600.00
1,906,400.00
Cash Balance1,973,900.0
01,925,000.0
01,896,200.0
01,876,200.0
01,843,800.0
01,851,400.0
01,856,600.0
01,867,200.0
01,877,400.0
01,889,600.0
01,906,400.0
01,922,200.0
0
Pro Forma Cash Flow Statement For 1st operating year:
Cash Received Cash from Operations: Child Care cash Revenue: 236200Martial Art Cash revenue 678200Subtotal Cash from Operations 3040200Additional Cash Received 0New Current Borrowing 0New Other Liabilities (interest-free) 0New Long-term Liabilities 0Sales of Other Current Assets 0Sales of Long-term Assets 0New Investment Received 0Non Operating Cash 0TUC Shop Rent 96000Subtotal Cash Received 3136200Expenditures
Expenditures from Operations
Salaries to Partners 2040000Pay Roll to Employees 780000Rent Paid 30000Advertisement Expenses Paid 120000Utility Bills 24000Office Supplies Expenses 9600Miscellaneous 60000Other Liabilities Principal Repayment 0Long-term Liabilities Principal Repayment 0Purchase Other Current Assets 0Purchase Long-term Assets 0Dividends 0
25
Sub Total Of Net Cash Spent 3214000Net Cash Flow -77800Beginning Cash Balance 2000000Cash Balance 1922200
Pro Forma Balance Sheet After 1st
Assets:
Current Assets; Cash 1,922,200Fixed Assets Furniture and fixtures 170,000Office Equipment 200,000Arts and Painting 100,000Toys 20,000Bi-cycle 50,000other Fixed Assets 30,000
Total Assets: 2,492,200
Liabilities and Capital:
Current Liabilities: 0long term liabilities: 0 Capital: partner 1 300,000 partner 2 300,000 partner 3 300,000 partner 4 300,000 partner 5 300,000 partner6 300,000 partner 7 300,000 partner 8 300,000 partner 9 300,000 partner 10 300,000 Total : 3,000,000 less: start up expense 430,000 Net capital: 2,570,000Add net income: -77800
Total Capital And Liabilities: 2,492,200
Pro Forma Of Sources And Application Of Funds:
26
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Copyright © 2012 Company Take Care. All rights reserved. The information and
Services of this Organization may not be reproduced in any material form or
transmitted to any persons without permission from Take Care under the Copyright
Ordinance – 1962 Pakistan.
Please contact Take Care if you would like to use any of the information.
Sources of funds:
Net Partner's investment 2,570,000Additional Borrowing 0Additional Investment 0Net Income Loss From Operation -77,800
total funds provided 2,492,200
Applications of funds:
Purchase Of Assets: Furniture and fixtures 170,000 Office Equipment 200,000
Arts and Painting 100,000 Toys 20,000
Bi-cycle 50,000 other Fixed Assets 30,000 Total Asset purchased: 570,000Fund needed 1,922,200
Net Working Capital 2,492,200
27
