section2 seat 16 Black sheep farm

To become the newest travel destination

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To become the newest travel destination

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Black sheep farmCompany owner1. Mr. Sarawut 2. Miss. Juthamard 3. Miss. Bowonrat 4. Mr. Naruewat 5. Mr. Kawin 6. Mr. Wiroon 7. Miss.Thamonwan 8. Miss Nopparat Manora Bwonratakul Tritanon Pongpattananukul Chusilkitcharoen Pratuangsin Fonhthong Boontod (General Manager) (Feeding Zone Manager) (Restaurant Zone Manager ) (Souvenir Zone Manager) (Marketing Manager) (Human Resource Manager) (Accounting/Financial Manager) (Accounting/Financial Manager)

Company Ban Don Kaew, Mae-Rim, Chiang-Mai 50180

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PrefaceThis report is a part of Project Feasibility Study and Evaluation 1203302. This project analyzes data from the real situation for investor who would like to invest. Which relate to management for apply in real life effective. The subject substance consists of company introduction part, nature of industry part, market feasibility and study part, investment part, operation part, organization part, financial part, risk management part and conclusion part. We had decided to select sheep farm business because this business is new in Chang Mai Province and many people interest and very famous now. We made this report by applies the skill and knowledge from many branches to analyze the opportunities and feasibilities of the business. The objective of this project was to provide the project feasibility of tourist attraction business, study the market and trends, and calculate financial factors of this business. In addition, the benefit of this project is for knowing feasibility of this project and financial for proceeding this business. Also, the situation and the trends of tourism industry is needed and understanding behavior of tourist. Finally, we hope our Black Sheep Farm will be useful for many people who interest this business and bring this information to apply in their business for useful.

Sincere,

1. Mr. Sarawut 2. Miss. Juthamard 3. Miss. Bowonrat 4. Mr. Naruewat 5. Mr. Kawin 6. Mr. Wiroon 7. Miss.Thamonwan 8. Miss Nopparat

Manora Bwonratakul Tritanon Pongpattananukul Chusilkitcharoen Pratuangsin Fonhthong Boontod

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Executive SummaryBlack Sheep Farm we do business because Sheep farm as an alternative in the animal economy in Thailand because sheep is small animals, relatively easy to care management and give birth faster. This project will make we know more about sheep farm, headway of industry and learn how to success by planning and create product or service for guest. And in Chiang Mai the north of Thailand are the big city and popular of tourism in cold season begin its opening market or attractive area. When guests come to farm will have make work and money. Black Sheep Farm aims to study the build a sheeps farm in Mae Rim, by learning the environment, structure of the country and to analysis marketing plan. Planning sheep products can help create new product in our farm. The business will grow up and make benefits by sheep its main product to promote guests for another of products or services such as entrance ticket, wool, sheeps milk campground area, Souvenir shop, coffee shop and restaurant etc., The Nature of Industry Sheep farming business is a business that being popularity nowadays. Thailand has many sheep farming interesting. "Sheep" is small ruminants. Eat grass is essentially the same as cattle but feed less quantity and use less space for rearing. Present breed of sheep reared in a mostly are native species. The market for sheep meat is good and bright. Have large market in the southern, central and east the consumers are mostly Muslim. Sheep farm is the new travel destination and we different from other destinations and we wants to give relax destination to travelers. We try to plan the good strategies that appropriate with our business. The first thing we surveyed the location at Chiang Mai because this business do not have in Chiang Mai and we have less of competitors. Now sheep farm is very attract to travelers but we do not have experience about sheep farm before we need to find more information and need questionnaire in our sheep farm that what customers want to improve. After we get enough information we will build the strength sheep farm to provide travelers. The Vision of Black Sheep Farm is to become the newest travel destination. We provide high quality standard and high value standard of product and services, learn more about to development all the time, development of sheeps farm to have a good management and have to make the customers satisfy with our product and loyalty with our product.

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ContentCompany Owner........................................................................................................................1 Preface........................................................................................................................................2 Executive Summary.................................................................................................................. 3 Chapter 1Introduction.............................................................................................................9 1.1 Background and signification of the project .....................................................................10 1.2 Project objective ................................................................................................................12 1.3 Benefit of project................................................................................................................12 1.4 Activities and Time frame of study....................................................................................13 Chapter 2 Industry Profile....................................................................................................14 2.1 Nature of Industry..................................................................................................15 2.2 Situation of Industry.............................................................................................. 20 2.3 Product and service............................................................................................... 21 2.4 Vision of our business........................................................................................... 22 2.5 Mission of our business.....22 2.6 Strategies of the companies...................................................................................22 2.6.1 Corporate level strategies........................................................................22 2.6.2 Business level strategy............................................................................22 2.6.3 Functional level strategy.23 Chapter 3 Market feasibility study...................................................................................... 25 3.1 Marketing Analysis............................................................................................................26 3.1.1 General Environment Analysis...........................................................................26 3.1.1.1 Internal factor.......................................................................................26 3.1.1.2 External factor..................................................................................... 26 3.1.1.3 Summary of the General Environment Analysis.................................28 3.1.2 Competition Analysis..........................................................................................28 3.2 STP analysis................................................................................................................... ...30 3.3 Marketing mix strategy......................................................................................................31 3.3.1 Product................................................................................................................31 3.3.2 Price ................................................................................................................................31 3.3.3 Place ...............................................................................................................................33 3.3.4 Promotion .......................................................................................................................33 3.4 Sales Forecast/Profit Estimation .......................................................................................34

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Year 1 ..........................................................................................................................34 Year 2 ..........................................................................................................................34 Year 3 ..........................................................................................................................34 Year 4 ..........................................................................................................................34 Year 5 ......................................................................................................................... 34 Total sale .....................................................................................................................34 Chapter 4 Investment cost ....................................................................................................37 4.1 Product and operations analysis ....................................................................................... 38 4.1.1 Product Characteristics....................................................................................... 38 4.2 Location..............................................................................................................................42 4.3 Facility layout.....................................................................................................................44 4.4 Facilities Management...................................................................................................... 47 4.5 Equipment and tools...........................................................................................................48 4.6 cost of Investment..............................................................................................................48 4.7 Investment cost...................................................................................................................49 4.8 Depreciation Investment cost.............................................................................................52 Chapter 5 Operations cost ................................................................................................... 55 5.1 Cost of goods sold............................................................................................................. 56 5.2 Cost of labor (per month............................................................................................... 61 5.3 Overhead Cost (per year)...62 Chapter 6 Administration Cost ........................................................................................... 65 6.1 Administrative........................................................................................................ 66 6.2 Management analysis..................................................................................................... 71 6.3.1 Organization Chart ........................................................................................................ 72 Description the characters and duties of employee .................................................... 73 Chapter 7 Financing.............................................................................................................. 75 7.1 Initial investment............................................................................................................... 77 7.2 Source of funds.................................................................................................................. 77 7.3 Profit and loss statement................................................................................................... 80 7.4 State of cash flow ............................................................................................................. 83 7.5 Balance Sheet ................................................................................................................... 88

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7.6 Payback period.................................................................................................................. 92 Chapter 8 Risk management.93 8.1 Risk management analysis ................................................................................................95 8.1.1 Competitor risk ...............................................................................................................95 8.1.2 External risk ...................................................................................................................95 8.1.3 Internal Risk .................................................................................................................. 96 8.2 Financial Risk ................................................................................................................. 103 8.2.1 Risk of sale decrease 5%, 10%, and 15% for 5 Years...................................................103 8.2.2 Risk of cost increase 5%, 10%, and 15% for 5 Years ................................................. 105 Chapter 9 Summary ........................................................................................................... 108

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Chapter 1 Introduction

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Chapter 1Introduction1.1 Background and signification of the project Sheep farming is a business that can generate income in multiple channels are a new business with a high growth rate of sheep as an animal that can be sold almost all parts of the body, sheep are still bred for both meat and wool production, while some producers raise sheep for milking. With declining wool demand and production, mainly due to the development and acceptance of man-made synthetic fibers, some producers have shifted their efforts to raising hair sheep, which require little or no shearing, while still producing highquality carcasses. One important aspect of the sheep industry that often goes without mention is their value in grazing vegetation. Sheep help prevent wildfires by eating grass and brush that fuel these fires. They also help control invasive and noxious weeds on public and private lands throughout the nation.1 Sheep farm as an alternative in the animal economy in Thailand because sheep is small animals, relatively easy to care management and give birth faster. However, in this industry have not been very popular to raising sheep in Thailand majority of relatively underdeveloped. Topography and climate affect raising sheep. Breeding sheep to the suitable regions such as winter in northern can raising sheep long fur and can be used the benefits of wool. Sheep farming in Thailand2 Native sheep are feasting in the two species is a short-tailed most common in the South. The shape and size like a native of the Malaysia, which is called Malin (Malin; Malaysian indigenous breed). Adult of males have a weight of 25-30 kg, female weight 20 to 25 kg (Rajion et al., 1993), but the disadvantage is a little slow growth will not be adopted in the industry.

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United States Department of Agriculture (USDA), retrieve December 12, 2012, from http://usda01.library.cornell.edu/usda/current/ShpGtInd/ShpGtInd-08-09-2011.pdf

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Study on Appropriate species of sheep, retrieve December 12, 2011, from http://161.246.67.22/aganimal_v2/THeSiS-DoC/9e3aadf59028698c884f015acaf89b3f.pdf

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long-tailed sheep may be called Thailand long-tailed sheep breeds (Siamese or Thai long tail) is native sheep rearing in Northern have the body bigger and wool longer than native sheep in South and can grow in the environment of the country as well.

Most purebred sheep imported from the West Country 1. Dorset 2. Suffork 3. Barbados 4. Dorper 5. Katahdin 6. Corriedale 7. Merino 8. Santa Ines

The number of sheep farming and farmers is the region number Sheep Region North Male 1,429 female 2,597 Total 4,026 Famers Household 135

Northeast

768

1,619

2,387

121

Central South Total

3,438 7,770 13,405

9,996 15,522 29,734

13,434 23,292 43,139

312 4,503 5,071

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1.2 Project Objective 1. To analyze marketing of sheep farm in Chiang Mai province. 2. To analyze the financial risk feasibility. 3. To study about the operation process of sheep farm includes restaurants and lodgings. 4. To study about situation of sheep farm in nowadays. 5. To know how to success in sheep farm business. 6. To summary the feasibility of sheep farm business in Chiang Mai province.

1.3 Benefits of project This objective aims to study the build a sheeps farm in Mae Rim, by learning the environment, structure of the country and to analysis marketing plan. Planning sheep products can help create new product in our farm. Five years after grow up it make benefits, sheep its main product to promote guests for another of products or services such as entrance ticket, wool, sheeps milk campground area, Souvenir shop, coffee shop and restaurant etc., could already be receive from guests. Currently, we are getting our sheep requirement from Sheep breeders. In five years time and with our ongoing expansion, we are planning to double our production output and aiming to have more products from sheep. This project will make we know more about sheep farm, headway of industry and learn how to success by planning and create product or service for guest. And in Chiang Mai the north of Thailand are the big city and popular of tourism in cold season begin its opening market or attractive area. When guests come to farm will have make work and money. It is too popular for to

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1.4 Activities and Time frame of study Project 1 To learn chapter 1 ,select the group of project 8 persons November 2 3 4 1 December 2 3 4 1 January 2 3 4 Febru ary 1 2

To learn chapter 1-2 ,select the topic of project

To search information , make the introduction and industry profile of the project

To learn chapter 3 and analyze market feasibility study

To learn chapter 4-6, calculate the investment cost, production operations analysis and administration analysis To learn chapter 7-8, calculate financial analysis and analyze the risk management

Make a conclusion of project

To check the report of the project and prepare the information that present the project in class

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Chapter 2 Industry Profile

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Chapter 2 Industry Profile2.1 Nature of Industry Department of Livestock Development breeds Sheep to promote 1. Sheep Katahdin

Department of Animal Breeding are supported the Institute for Rock win. 2532 was the year the U.S. sheep meat to adapt to the environment as well. Fed by the natural pasture without concentrate Means shed when the weather is hot. Tolerate worms in sheep than other species meat good quality no unpleasant odor. 2.5 to 3.1 kg birth weight, weaning weight 1820 kg fully grown male weighs 90 kg, 55-60 kg female.

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2. Sheep Santa ines

Sheep is meat from Brazil that the year 2540 is concentrated, large ear curved front with multi-colored birth weight, weaning weight 2.5 to 3.5 kg, 18-20 kg, 80-90 kg fully grown male weighs 60 kg femal.

3. Sheep Barbados Blackbelly

There is a Mutton native to the islands of Barbados. the Caribbean. Light to dark brown. And under the chin with a black eye and an ear on the website listed at the bottom of the legs down to. The effect is prolific. High twin birth rate 60.8%, even lambs weigh 45 kg reproductive litter size from 1.5 to 2.3 the same litter birth weight, weaning weight 2.8 kg 3.0 kg twin 4 month old twin sons are 1.7 kg and 13.4 kg. weight times the males 68-90 kg 40-59 kg female

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4. Sheep dorper

Lamb of high quality. Can adapt to various environments and can tolerate dry white body black head without him.

Food eating habits of sheep. Can sheep eat grass species and shrubs are. I should let them dry for a vegetable while it is still fresh. Sheep may have bloating. Vegetables because they contain a lot of water. And the pesticides used in vegetables as well. Sheep grazing the unique sequences, even if the grass is too old to continue. I have a lot of grass eating sheep, but it is a very soft grass. The sheep or lambs older age should be raised in a small pasture with sheep because these teeth very well. Cutting the grass in the grass at a time will be less. Sheep grazing in a release. Should be left to graze sheep with height between 4-8 inches off the ground and keep the grass short. The sheep in rubber plantations like mango, tamarind fruit, jackfruit and so on to help get rid of weeds. Sheep can eat fruit that has fallen as well. In addition to the shade of a tree to avoid hot sun, but should not be carved into the garden, fruit orchard in the fall is to fall in the first place because you might be eating too much can cause bloating. If it is a party will not have much trouble.

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Eating habits On raising the grazing. Sheep will eat the food as far as 6-8 km per day 3-6% total edible weight. (If sheep eat grass 30 kg live weight per day, 3 kg / h). sheep eating grass, shrubs 70% 30% 72% goat eating grass, shrubs 28%. If the cell is 0.68 liters of water per day / the release of 2 liters / cow. It takes 12% of all ruminants fed 30% forage and 12% and 46%. Cut the leaves to eat. 1. Cutting Leaves should not eat more than 1 in 3 of the grass. 2. Cutting branches with leaves, branches, should not you too old leaves. 3. Should cut the plant such as leaves, nuts, Acacia Capital Shopping Gul Lang mother pregnant sheep. Or are breastfeeding. 4. Should be cut above the ground, not less than 1 meter. 5. Tie the branches above. The sheep have to eat. 6. Cutting Leaves for more than two kinds of sheep eating. 2-3 of plant and tree houses to eat and to the fence. Shade 7. Should leave the sheep down to the circulation 4-5 weeks for conversion efficiency and shorten the cycle. Parasite 8. Should let the sheep out to pasture after late frosts already. If it should be cut off for the afternoon and cut. Above the ground to prevent infection.

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Site preparation and catering equipment.

Housing should provide the fold. Sun and rain canopy platform for easy cleaning. With water and food. Tracks are long enough to eat all the food own. And that the barrier to the other eats that much stronger. And if possible the Fence for sheep in sheep, even small children or pregnant mother sheep pen. In sheep in the pen be slat is 1.5 cm to 1.3 cm small sheep feces and urine into the soil. The stalls are clean and dry. And help prevent infections that may be available to come to you. Data collection and use of stable manure. Fenced pasture may be made from local materials such as wood canes are cheap or fishing nets. Device should have a knife and scissors to trim hooves. To prevent hoof rot. Rake out the dirt that niche. Cut the excess proliferation. Cut to the correct hoof. Should regularly check hooves of sheep regularly. (Trim hooves once a month), especially sheep fed prison time may drop a large stone in the paddock. Kip looks stronger at the surface is not smooth, no cracks or tear things pile up.3

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Department of Livestock Development http://www.dld.go.th/service/sheep/type.html

Department of Livestock Development www.dld.go.th/pvlo_cnt/mon/mon11.doc

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2.2 Situation of sheep farm in Thailand4 The "Sheep" are not the animal economy and not rigorously promoted by government agencies but the sheep became to protagonist of many attractions of agricultural tourism in Thailand. In the future sheep will be a star front of the camera of tourist and sheep will become a source of comprehensive agricultural tourism. Now "Romantic Farm" of "Niwat Chitsakul" is full option of sheep farms in Pai, Mae Hong Son province and he is not the only selling point for tourists to enjoy but he will be develop sheep farm for wool, milk and meat to bring out upgraded into a premium product and coupled with a sustainable business model for development of a livestock into agricultural tourism business as well but from the past until today is very hard Niwat accept that its not easy. It requires knowledge of the field and techniques to meet the standard. From analysis nowadays sheep farm in Thailand has developed a lot, both of sheep farm for sheep meat and sheep farm for tourism. The present have many sheep farm in Thailand such as Hug You Farm at Lampang province, Swiss Sheep Farm at Cha-am etc. every farm build the sheep farm for tourism such as take a photo with sheep, feed to sheep, eat some meal with sheep meat etc. The present business about sheep farm is very popular because we can touch, we can feed, and we can take a photo, with sheep and also sit and relax, see the good view, eat something good and buy something at souvenir shop at the farm also promote agricultural growth in the country as well. Sheep farm in each place is not different by sheep farm will be built on the good location such as on the mountain for good view and good atmosphere then they will be create the thing for tourist can take a photo such as building, trough, some chair and table for sit and relax. This business can make a good profit because less invest but always receive money. Today sheep farm happen in many place in Thailand and tend to have more in the future

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http://www.komchadluek.net,,January29,2013

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2.3Products and service Products: Sheeps farm Able feed sheep Fee , Milk , Grass Take a photo

Restaurant and coffee shop Foods: Lamp Steak Beef Steak Chicken Steak Pork Steak Beverages: Cocoa Caf latte Cappuccino Mocha Homemade Bakery: Chocolate cake Cheesecake Crepe cake Lemon tea Mineral drink Blueberry smoothly Strawberry smoothly Spaghetti Carbonara Spaghetti Bolognese Caesar Salad

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Souvenir shop Sheeps doll Postcard Key chain T-shirt Products from wool

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2.4 Vision To become the newest travel destination 2.5 Mission 1. Provide high quality standard and high value standard of product and services 2. Learn more about to development all the time 3. Development of sheeps farm to have a good management 4. Have to make the customers satisfy with our product and loyalty with our product

2.6 Strategies of the companies Black sheep farm is the new travel destination and we different from other destinations and we wants to give relax destination to travelers. We try to plan the good strategies that appropriate with our business. The first thing we surveyed the location that between Chiang Mai Chiang Rai because this business do not have in Chiang Mai - Chiang Rai and we have less of competitors. Now sheep farm is very attract to travelers but we do not have experience about Black sheep farm before we need to find more information and need questionnaire in our Black sheep farm that what customers want to improve. After we get enough information we will build the strength Black sheep farm to provide travelers.

2.6.1 Corporate level strategies We will use growth strategies concepts because now most of Thai people like to visit nice place like a sheep farm. In Chiang Rai, there have small sheep farm but not famous less of people have known that. So we can attract traveler by promote and build nice establishment, provide the good service and good quality product for them. If we have professional we will expand our farm and development for sustainable business.

2.6.2 Business level strategy This way can help us to know about advantage of competition than competitors. We will aim to improve competitiveness and seeks to increase profit in business and we can attract traveler more than competitors. We have souvenir that suitable price and provide tent for rent, space and restaurant for response customers requirement.

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2.6.2.1 Competitive advantages The differentiation of our Black sheep farm from business others sheep farm because we concern about customers satisfy from visited our farm. So we provide high quality service and train employees to be professional.

2.6.2.2 Cost leadership Our business set standardized rate price and services in moderate price to attract more customers. We also provide the best product and best services the same quality not lower than our standard for customers and the price of our products in price-sensitive to received sales increased and high profit.

2.6.2.3 Quick-response Our businesses have many indirect competitors in location although not in sheep farm style but also have interest destination nearby too. So we have challenge with competitors in quality and service. We have quick response of customers feedback. We try to improve our business in current situation to support customer needs and wants to attract customer from other competitors.

2.6.2.4 Focus The main target market of our business is people in Chiang Rai and Chiang Mai because we try to focus on people who travel pass our location, family is looking for their weekend or holiday. To respond their need and make them satisfy with our farm and services. So we hope them come again and SWOT.

2.6.3 Functional level strategy This is important part of business and it can help our business to earn more profit that relate with many parts include Marketing, Human resource, Research and Development, Financial and Accounting.

2.6.3.1 Marketing Our company use marketing by focus on our farm style and have good infrastructure that can provide or fulfill good experience for customer in a suitable price for customers

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group and our strategy is quick respond in every situation. We plan to the improvement and develop our travel destination to successful. 2.6.3.2 Producing Our business there are the souvenir is famous in the location that match with customers want which make customers highest satisfaction with good service for them.

2.6.3.3 Research and Development Our business makes the questionnaire for customers to know that feedback from them and improve the problems and develop it.

2.6.3.34 Accounting Our business wants the staffs that have more knowledge and up to date information usually for easy to make decision to buy and reduce unnecessary costs.

2.6.3.5 Financial Our sheep farm wants the staffs that have many skill of professional financial and concern about return investment and make the profit for business.

2.6.3.6 Human resource management Our business chooses staff directly from our company by us consideration about the skills and qualification that meet the requirement in each position.

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Chapter 3 Marketing feasibility study & Analysis

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Chapter 3 Marketing feasibility study & Analysis3.1 Marketing analysis 3.1.1 General Environment analysis Environmental of organization are consist of two type; internal and external factor. 3.1.1.1 Internal Factor The environmental factors within the organization the control consist of corporate shareholder, owner, staff and corporate culture, etc. Our farm have operating is clear and clean, and we will train about process of manufacturing, product and service for employee in each department. Actually we make good environment into organization. 3.1.1.2 External Factor (PEST) Political factor Senate Speaker Nikom Wairatpanich said Senate committees had organized seminars on Asean-related issues. Senators will review Thai laws that need to be changed, educate the civic sector about the coming changes, and stimulate the government to prepare the economic, social and cultural infrastructure. "We have three years - I think in three years we can develop our human resources to understand the ideology of ASEAN, which stresses connectivity and unity, and have good English ability. We are grouping what to do for our staff on various categories of work. Finally, they have to well be able to support the work of Parliament and MPs," he said. In this order it made a chance to our business because Chiang Rai will improve in every factor to travel destination before AEC opening.5

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Referent: http://www.nationmultimedia.com/politics/

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Economic factor

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The Thai economy in 2013 will continue to grow, but all sectors need to manage risk effectively and cope with many challenge. Governor of the Bank of Thailand Prasarn Trairatvorakul stated that since many risks and challenges are lying ahead, the public and private sectors, as well as individuals, in Thai society should build self-immunization from external threats, for the sake of the countrys healthy economic growth. He said that the Thai economy would still depend mainly on domestic drive during the global economic slump. More investment is likely to be seen, as investors remain confident in the countrys overall economy. Thailand also needs to be prepared for the ASEAN Economic Community in the near future, when more capital would flow in for investment in the Governments mega projects. This would create a favorable investment atmosphere for the private sector. For this reason, the central bank governor believed that the Thai economy in 2013 would expand by 4.6 percent. And the efficient spending by the public sector would help drive the economy and cope with short-term risks. The Governments investment through major infrastructure projects would also play a key role in stimulating the countrys economy. In the overall picture, government agencies, as public service providers, would also help the country deal with risk management through various measures, such as price stability and appropriate economic stimulation.

Social factor

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Entrepreneurs of SMEs in Thailand are more than 2.9 million business or99.6 percent of the whole enterprise in Thailand. According to this information government support for SMEs business is very good chance for sheep farm is one of the SMEs businesses to open a business is easy and run. And near future AEC will opening in 2015, Chiang Rai provinces will a travel destination in Northern of Thailand.

Technology factor Nowadays situation of technology is continuous development so it makes many advantages to our business. We can take new trend of globalization and we can use technology in advertising via social network or etc.

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Referent: http://thailand.prd.go.th/view_news.php?id=6559&a=2

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Referent: http://thailand.prd.go.th/view_news.php?id=6523&a=3

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3.1.1.3 Summary of general environment analysis For this part, the impact of political and economic is not negative with sheep farm because the farm will do sufficiency and suitable for many target group to visit and relax at the farm. Therefore in social factor, Chiang Rai will have growth rate of tourist in every year, so we can use benefit from each factor to effectively. 3.1.2 Competition analysis 3.1.2.1 Direct competitor 1. Hug You Lampang Hug You located on 342 moo2 Kohka District, Lampang, it far from town around fifteen kilometer. This farm decorate in chic and boutique style, and they focus on traveler to take a photo and souvenir shop, then they has a product by sheep such as milk, cookies, postcard and etc.

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3.1.2.2 Indirect Competitor 1. Chiang Mai Zoo Chiang Mai zoo is locate near Doi Suthep on Huai Kaew Rd., Muang District, Chiang Mai. They open at 08.00-17.00, they is a large zoo and have many type of animal. So they has own aquarium which is the longest aquarium of the world.

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3.1.2.3 Summary of competitor analysis The competitors of sheep farm are low direct and low indirect competitor because this is a new trend and still not widely known. However sheep farm must be an investment and need to appropriate location. So we can use this advantage for make a business in area of border Chiang Rai and Chiang Mai. 3.2 STP analysis Segmentation We separate our market according to consume service as follow: 1. Occupancy - Student - Private business - Government officer

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2. Income per month - Less than 5,000 baht - 5,000 10,000 baht - 10,001 15,000 baht - More than 15,001 baht 3. Hometown - Local people - Thailand - Other countries

Target market Our target market are local people and travelers who get income around 5,000 10,000 baht per month. In our farm are activities that suitable for travelers who come with their family or their friends.

Positioning The position of our sheeps farm is a new travel destination in Chiang Mai. Our sheeps farm provides the activities that suitable for family and friends such as; feeding sheep, take a photo, and dining. In our sheeps farm has 3 zones; dining zone, souvenir zone, feeding zone, for travelers enjoy with our sheeps farm. Dining zone, we will recommend our guests to taste product of lamp; lamp steak, sheeps milk, and homemade bakery (made from sheeps milk). If guests want something to remind them, souvenir shop is available in souvenir zone. The last zone, feeding zone is the zone attracted travelers to enjoy our sheeps farm. 3.3 Marketing mix strategy The Marketing Mix Strategies are often referred to as the Four Ps since the most important element of marketing are concern with: 3.3.1 Product Sheeps farm Black Sheeps farm lacate at Mae Rim, the newest travel destination in Chiang Mai. There are able to feed sheep and take photo closely.

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Restaurant and coffee shop There are sheeps menus available for travelers who want to taste; Lamp stake, lamps milk.

Souvenir shop Our shop provides souvenir for traveler such as- Sheeps doll, Postcard, key chain, Tshirt, and products from wool.

3.3.2 Price Feeding zone Dining zone Food Australian Lamp Steak Australian T-bone Steak Sir Roy Beef Steak Australian Lamp cutlet Minced Lamp Steak with Spicy Pasta Salad Lamp Pot Roast Lamp Stew with Broccoli, Carrot, and Potato Chicken Steak Pork Steak Spaghetti Cabonara Spaghetti Bolognese Spaghetti Kie Mao Taley Chicken Green Curry Caesar Salad Parma Salad Vegetable Salad Steamed Rice 289 289 259 259 219 219 219 170 170 129 129 129 129 129 129 129 49 baht baht baht baht baht baht baht baht baht baht baht baht baht baht baht baht baht Fee Milk Grass 50 baht 20 baht 10 baht per bottle per bunch

Beverage Mocha (hot/cold) Latte (hot/cold) Cappuccino (hot/cold) Americano (hot/cold) Espresso 80/90 80/90 80/90 80/90 70 baht baht baht baht baht

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Cocoa (hot/cold) Green Tea (hot/cold) Lemon Tea (hot/cold) Milk Tea Honey Milk Tea Blueberry Smoothie Banana Breakfast Smoothie Strawberry Smoothie Yoghurt Smoothie Lamp Milk Mineral Drink

45/50 45/50 45/50 50 50 45 45 45 45 35 20

baht baht baht baht baht baht baht baht baht baht baht

Homemade Bakery Chocolate cake Cheesecake Crepe cake Blueberry Cheese Cake Chocolate Crape Cake Strawberry Crape Cake Chocolate Almond with Raspberry Sauce 55 75 75 89 89 89 89 baht baht baht baht baht baht baht

Souvenir zone Dolly the sheep T-Shirt (all size) Postcard per set Wool scarf Sheep key chain Fleece Scarves Magnet Wool hat Picture frame Bag Notebook Headband 250 190 99 490 59 590 39 350 189 149 129 49 baht baht baht baht baht baht baht baht baht baht baht baht

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3.3.3 Place Our company provide sheeps farm for attract customers and the activities are interesting for people who want to get the new experiences from the sheep. Our farm located in Chaing Mai province. We choose to set up the farm at Mae Rim because that place surrounding natural, good atmosphere and passage way between Chiang Mai and Chiang Rai appropriate for the tourist or customers. This place is easy to distribute product to customer. The main distribute channel is Mae Rim district in Chaing Mai province.

3.3.4 Promotion Our company is located at Mae Rim so we try to represents the various aspect of marketing communication that is the communication of information about the product and service with the goal of generating a positive tourist response. The sheeps farm is to be famous and well-known via brochure, radio, newspaper, fan page or website of the sheeps farm, and we try to provide a good product and service for tourist satisfaction that is the important thing to help to promote our farm which calls that word of mount.

3.4 Sales Forecast/Profit Estimation

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Entrance fee 50 per price Feeding zone 20 per price Dining zone 170 per price Souvenir zone 100 per price Total

Total sale Year 1 Sale Forecast Quarter 1 Quarter 2 Quarter 3 Quarter 4 (Jan-Mar) (April-June) (July-Sep) (Oct-Dec) 1,650,000 1,200,000 2,175,000 1,850,000 660,000 480,000 870,000 740,000 5,610,000 4,080,000 7,395,000 740,000 4,900,000 2,400,000 4,350,000 740,000 12,820,000 8,160,000 14,790,000 4,070,000

Total 6,875,000 2,750,000 17,825,000 12,390,000 39,840,000

34


Total sale Year2 Sale Forecast Quarter 1 Quarter 2 Quarter 3 Quarter 4 (Jan-Mar) (April-June) (July-Sep) (Oct-Dec) 1,700,000 1,250,000 1,125,000 1,925,000 680,000 500,000 450,000 770,000 5,780,000 4,250,000 3,825,000 6,545,000 3,400,000 2,500,000 2,250,000 3,850,000 11,560,000 8,500,000 7,650,000 13,090,000

Total 6,000,000 2,400,000 20,400,000 12,000,000 40,800,000


Total sale Year 3 Sale Forecast Quarter 1 Quarter 2 Quarter 3 Quarter 4 (Jan-Mar) (April-June) (July-Sep) (Oct-Dec) 2,400,000 1,500,000 1,675,000 1,925,000 960,000 600,000 670,000 770,000 8,160,000 5,100,000 5,695,000 6,545,000 4,800,000 3,000,000 3,350,000 3,850,000 16,320,000 10,200,000 11,390,000 13,090,000

Total 7,500,000 3,000,000 25,500,000 15,000,000 51,000,000



Total 7,600,000 3,040,000 25,840,000 15,200,000 51,680,000

35



Total 7,675,000 3,070,000 26,095,000 15,350,000 52,190,000

Year 1 Year 2 Year 3 Year 4 Year 5 Total

Quarter 1 12,820,000 11,560,000 16,320,000 15,980,000 16,660,000 73,340,000

Total sale Sale Forecast Quarter 2 Quarter 3 8,160,000 14,790,000 8,500,000 7,650,000 10,200,000 11,390,000 10,030,000 10,710,000 10,540,000 9,690,000 47,430,000 54,230,000

Quarter 4 4,070,000 13,090,000 13,090,000 14,960,000 15,300,000 60,510,000

Total 39,840,000 40,800,000 51,000,000 51,680,000 52,190,000 235,510,000

36

Total sale60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0

Year 1

Year 2 40,800,000

Year 3 51,000,000

Year 4 51,680,000

Year 5 52,190,000

Total 39,840,000

8

Referent: http://library.cmu.ac.th/faculty/econ/Exer751409/2553/Exer2553_no10 http://mobile.thaibizcenter.com/mobile-adsdetail.asp?adsid=20880 http://i.thammada.com/2012/11/2556.html

37

Chapter 4 Investment cost

38

Chapter 4 Investment cost 4.1 Product and operations analysis 4.1.1 Product Characteristics Our service can divide into 3 main zones: 1. Feeding zone 2. Dining zone 3. Souvenir zone Feeding zone Before everyone enters this zone, you should pay fees 50 baht per person. In this zone we provide you to feed milk and grass to all of sheep. Dining zone This zone is for my all tourist s family want to join each other meal in our farm Figure 4.1.1.1 of food

Figure of drinking

39

40

Figure 4.1.1.2 of dessert

41

Souvenir zone This zone sells products that also relate to sheeps farm such as; sheeps dolls, sheeps key chain, sheeps wool scarf, t-shirt and post-card. Figure 4.1.1.3of souvenir

42

4.2. Location Ewe & Ram Sheep is located in locates in Ban Doi Kaew, Mae-Rim, Chiang-Mai. It's open space and has only about 21 acres in good atmosphere. Many people easy to travel because stick to the road two side and not more than 10 kilometers away from the city.

Figure 4.2

43

Referent: http://www.property108.com/1/posts/6_%E0%B8%97%E0%B8%B5%E0%B9%88%E0%B8%94%E0%B8%B4%E0%B8 %99/11_%E0%B8%82%E0%B8%B2%E0%B8%A2/43251_%E0%B8%82%E0%B8%B2% E0%B8%A2%E0%B8%97%E0%B8%B5%E0%B9%88%E0%B8%94%E0%B8%B4%E0% B8%99%E0%B8%AA%E0%B8%A7%E0%B8%A2%E0%B8%95%E0%B8%B4%E0%B8 %94%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B8%9B%E0%B8%B4%E0%B8%87_ 21%E0%B9%84%E0%B8%A3%E0%B9%88_%E0%B8%95_%E0%B8%94%E0%B8%AD %E0%B8%99%E0%B9%81%E0%B8%81%E0%B9%89%E0%B8%A7_%E0%B8%AD_% E0%B9%81%E0%B8%A1%E0%B9%88%E0%B8%A3%E0%B8%B4%E0%B8%A1_%E0 %B9%80%E0%B8%8A%E0%B8%B5%E0%B8%A2%E0%B8%87%E0%B9%83%E0%B8 %AB%E0%B8%A1%E0%B9%88.html

44

4.3 Facility Layout Figure 4.3

45

4.3.1 Souvenir Shop - Entrance/Exit - Storage - Shelf - Mirror - Wireless Adapter - Postcard Corner Figure 4.3.1 - Cashier Counter - Lamp - Picture - Doll Corner - Music boxes

46

4.3.2 Restaurant - Entrance/Exit - Table - Book Store - Wireless Adapter - Tree & Flower - Kitchen Area - Chair - Toilet - Cashier Counter - Music Boxes

4.3.3 Sheep Farm - Sheep House - Pool The farm design layout: Colonial style 1. Signage Our farm signage is in front of the car park, that design is colonial style cover mix between Eastern and Western, our logo is a big alphabet because it recognize for our farm. 2. Exterior Decoration Our farm are surrounding with many trees and grasses, tones color is brown and green. So it can make feel relax and comfortable. - Grasses - Bridge

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3. Souvenir Decoration Building: we mix wood and cement for major, so we use brown and white color for customer feel good and relaxing, we select British Colonial for main building. Floor: we use stone tiles for our restaurant and souvenir shop, that make feel colonial style. 4. Restaurant Decoration Building: our restaurant is open-air style, when customer came up they can see around view point to sheep farm. This is strength for our farm. 5. Sheep House Building: for sheep house we decorate with wooden, so we mix a country style and colonial style together. Customer will get a nature and comfortable because they are surrounding with trees and grasses. 6. Facilities Kitchen: we engage contractor to design kitchen area, which is consists of oven, hotplates, counter, refrigerator, fryers and etc. Table: we almost to choose light brown for major color of table and chair. It make feel so good and comfortable. Bookstore: we updating about magazine, news, healthy, fashion every week. Wireless adapter: we install wireless adapter on the wall of restaurant and souvenir shop to provide internet service to guest. Music: we always open relax music to made customer feel good. Toilet: we provide the toilet beside restaurant, for design we use light color to make a convenient and luxury to customer, and we will open jazz music surrounding in toilet.

4.4 Facilities Management Property Management Facilities Planning Our policy planning and building, we separate areas to four zone that consist of: car parking, restaurant, souvenir shop, and sheep farm. For the first car parking, which is in front of the farm with signage, which is remarkable for our farm. Second, restaurant prefers sheep cuisine and other choices. Restaurant might give new experience about lamb. The third in part of souvenir shop, this shop prefer souvenir and another gift shop such as postcard, doll,

48

and etc. The souvenir shop can make high revenue for our farm because it have a many collection for recognize customer to buy it. And the last, for the sheep farm, when the guest visit they always to joy with give feeding to sheep. Facilities operations and maintenance We encourage employees to farm, we maintaining facilities and equipment as well. So we recognize employee to reduce cost of service and we are also a benefit to employee when they help to reduce cost. 4.5 Equipment and Tools We use quality tools and equipment in order to employees, it would be safe and efficiency. We select equipment and tool by concern about theme of store, so that can attracting the customer, and then they will get an experience from our service. Location - Sheep farm Label cost - Sheep farm have to paid for label cost 1.5*16 meter about 24,000 baht. Registration - Sheep farm will pay money for registration of company about 60,000 baht. Internet wireless & telephone - Sheep farm contract with 3BB for wireless about 1,048 baht and telephone fee about 200 baht, so we have to pay 1,248 baht per month.

4.6 Cost of Investment Table 4.6 Cost of Investment Location Label cost Feeding zone Dining zone - Souvenir zone Registration Total cost of investment 48,300,000 2,686,500 828,000 1,336,500 522,000 53,673,000

49

4.7 Investment Cost Feeding zone

Table 4.7.1 Equipments and Material Feeding zone - Building - Milk bottle - Bottle brush - Shearing equipment - Pickup car - Harrow - CCTV - Sheep feeder - Bucket Holder - Bin Total Equipment Price per unit 500,000 25 59 8,500 479,000 55 6,224 1,240 120 149 No. unit 1 12 12 2 2 4 8 3 6 3 Total 500,000 300 708 17,000 958,000 220 49792 3720 720 447 1,530,907

50

Dining zone

Table 4.7.2 Equipments and Material Dining zone Part I - Equipment - Knife Kit - Soup Ladle - Strainer Ladle - Serving Spoon - Scrape - Noodle Strainer - Teflon Pan - Indian Pot - Sauce Pan - Scale Stock Pot with Cover - Cutting Board - Undercounter Refrigerator - Super Freezer - Tray - Oven - Baking Tray - Knife Rack - Cash Machine - CCTV - Spoon (L) - Spoon (M) - Spoon (S) - Fork - Steak Knife - Ivory Glass - Hi-ball Glass - Box of Straws - Sanitary Tools - Bin - Safety Equipment - Building - Ice Container/ Ice scoop Total Equipment 5,200 375 375 356 175 285 1,980 295 240 7,000 150 58,000 49,000 50 13,000 125 590 30,900 6,224 60 60 38 60 116 22 22 800 15,000 149 1,000 2,500,000 1,050 1 3 1 1 2 1 2 2 2 2 6 2 1 12 1 4 1 1 12 150 150 150 150 100 200 200 1 10 5 5 1 1 5,200 1,125 375 356 350 285 3,960 590 480 14,000 900 116,000 49,000 600 13,000 500 590 30,900 74,688 9,000 9,000 5,700 9,000 11,600 4,400 4,400 800 150,000 745 5,000 2,500,000 1,050 3,023,594 Price per unit No. unit Total

51

Equipments and Material Part II - Tables and Chairs - Table Big Size - Table Small Size - Chairs - Book Shelf Total Equipment Equipments and Material Part III Decoration - Corner Shelf - Clock - Tree pot - Lamp - Stereo - Frame - Wallpaper Total Equipment

Price per unit 3,940 2,290 1,490 7,290 Price per unit 6,500 590 100 840 39,000 40 -

No. unit 8 4 50 1 No. unit 2 2 30 4 2 8 -

Total 31,520 9,160 74,500 7,290 122,470 Total 13,000 1180 3000 3360 78000 320 120,000 218,860

Souvenir zone

Table 4.7.3 Equipments and Material Souvenir zone - Building - Air conditioner - Fan - Electronic cash register calculators - Table - Chair - Neon lights - Computer - Plug - CCTV - Bin Total Equipment Price per unit 1,000,000 20,000 650 30,900 3,500 1,100 21 30,000 250 6,224 149 No. unit 1 1 1 1 1 2 6 1 2 4 1 Total 1,000,000 20,000 650 5,500 3,500 2200 126 30,000 500 24896 149 1,087,521

52

4.8 Depreciation Investment cost Feeding zone

Table 4.8.1

53

Dining zone table 4.8.2Total JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

Equipments and Material Dining zone Part I - Equipment - Knife Kit - Soup Ladle - Strainer Ladle - Serving Spoon - Scrape - Noodle Strainer - Teflon Pan - Indian Pot - Sauce Pan - Scale Stock Pot with Cover - Cutting Board - Undercounter Refrigerator - Super Freezer - Tray - Oven - Baking Tray - Knife Rack - Cash Machine - CCTV - Spoon (L) - Spoon (M) - Spoon (S) - Fork - Steak Knife - Ivory Glass - Hi-ball Glass - Box of Straws - Sanitary Tools - Bin - Safety Equipment - Building - Ice Container/ Ice scoop Total Equipment

5,200 1,125 375 356 350 285 3,960 590 480 14,000 900 116,000 49,000 600 13,000 500 590 30,900 74,688 9,000 9,000 5,700 9,000 11,600 4,400 4,400 800 150,000 745 5,000 2,500,000 1,050 3,023,594

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

86.6 18.75 6.25 5.9 5.8 4.75 66 9.83 8 233.3 15 1,993.3 816.6 10 216.6 8.33 9.83 515 1,244.8 150 150 95 150 1,993.3 73.3 73.3 13.3 2,500 12.4 83.3 41,666.67 17.5 52,252.71

1039.2 225 75 70.8 69.6 57 792 117.96 96 2,799.6 180 23,919.6 9799.2 120 2599.2 99.96 117.96 6180 14,937.6 1,800 1,800 1,140 1800 23,919.6 879.6 879.6 159.6 30000 148.8 999.6 500,000.04 210 627,032.52

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Part II - Tables and Chairs - Table Big Size - Table Small Size - Chairs - Book Shelf Total Equipment Part III Decoration - Corner Shelf - Clock - Tree pot - Lamp - Stereo - Frame - Wallpaper Total Equipment Total Equipments and Material

31,520 9,160 74,500 7,290 122,470 13,000 1180 3000 3360 78000 320 120,000 218,860 3,364,924

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

525.3 152.6 1,241.60 121.5 2,041.16 216.6 19.6 50 56 1,300 5.3 2,000 3,647.66 57,941.53

6,303.6 1,831.2 14,899.20 1458 24,493.92 2,599.2 235.2 600 672 15,600 63.6 24,000 43,771.92 695,298.36

Souvenir zone

Table 4.8.3Equipments and Material Total Souvenir zone - Building 1,000,000 - Air conditioner 20,000 - Fan 650 - Electronic cash register calculators 5,500 - Table 3,500 - Chair 2200 - Neon lights 126 - Computer 30,000 - Plug 500 - CCTV 24896 - Bin 149 Total Equipments and Material 1,087,521 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total

16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 16,666.7 200,000.4 333.3 333.3 333.3 333.3 333.3 333.3 333.3 333.3 333.3 333.3 333.3 333.3 3,999.63 10.83 10.83 10.83 10.83 10.83 10.83 10.83 10.83 10.83 10.83 10.83 10.83 129.96 91.67 91.67 91.67 91.67 91.67 91.67 91.67 91.67 91.67 91.67 91.67 91.67 1,100.04 58.3 58.3 58.3 58.3 58.3 58.3 58.3 58.3 58.3 58.3 58.3 58.3 699.6 36.67 36.67 36.67 36.67 36.67 36.67 36.67 36.67 36.67 36.67 36.67 36.67 440.04 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 25.2 500 500 500 500 500 500 500 500 500 500 500 500 6,000 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 99.6 414.93 414.93 414.93 414.93 414.93 414.93 414.93 414.93 414.93 414.93 414.93 414.93 4,979.16 2.48 2.48 2.48 2.48 2.48 2.48 2.48 2.48 2.48 2.48 2.48 2.48 29.76 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 18,125.35 217,504.20

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Chapter 5 Operations cost

56

Chapter 5 Operations cost 5.1 Cost of goods sold Feeding zone

Table 5.1.1

Food Feeding zone - Ruzi grass - Sheep's food grain - Powder milk Dumex Hi-Q - Straw - Dishwashing liquid - Shampoo - Food and mouth disease vaccine - Anthrax vaccine Total

Price per unit 35 300 380 20 195 250 120 35

No. unit 15 6 12 20 1 4 5 3

Total 525 1800 4560 400 195 1000 600 105 9185

57

Dining zone

Table 5.1.2Ingredients Dining zone - lamp - beef - pork - chicken - bacon - carrot - tomato - potato - lemon - broccoli - cucumber - onion - cabbage - vinegar - olive oil - vegetable oil - spices - spaghetti - whipping cream - ketchup - mayonaise - cheese - milk - coffee bean - tea leaf - cocoa - sugar - salt - syrup - butter Total Price per unit 530 170 115 75 260 90 30 39 13 19 19 5 12 49 200 70 35 39 145 35 70 237 52 180 70 120 23 5 79 150 No. unit 70 50 60 50 30 200 300 300 500 200 100 500 100 10 10 28 30 120 10 29 27 8 17 6 7 7 30 10 5 15 Total 37,100 8,500 6,900 3,750 7,800 18,000 9,000 11,700 6,500 3,800 1,900 2,500 1,200 490 2,000 1,960 1,050 4,680 1,450 1,015 1,890 1,896 884 1,080 490 840 690 50 395 2,250 141,760

58

Souvenir zone

Table 5.1.3

Price per unit Souvenir zone - T-shirt - Postcard - Dolly the sheep - Sheep key chain - Fleece Scarves - Magnet - Wool hat - Picture frame - Bag - Notebook - Headband Total 149 20 90 15 310 15 120 75 50 50 10

No. unit 300 500 200 1000 50 1000 100 500 300 500 200

Total 44,700 10,000 18,000 15,000 15,500 15,000 12,000 37,500 15,000 25,000 2,000 209,700

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Cost of goods sold for 5 years Feeding zone

Table 5.1.1.1Year 1 Year 2 Year 3 Year 4 Year 5 Total January 9,185 9,185 9,185 9,185 9,185 45,925 February 9,185 9,185 9,185 9,185 9,185 45,925 March 9,185 9,185 9,185 9,185 9,185 45,925 April 9,185 9,185 9,185 9,185 9,185 45,925 May 9,185 9,185 9,185 9,185 9,185 45,925 June 9,185 9,185 9,185 9,185 9,185 45,925 July 9,185 9,185 9,185 9,185 9,185 45,925 August 9,185 9,185 9,185 9,185 9,185 45,925 September 9,185 9,185 9,185 9,185 9,185 45,925 October 9,185 9,185 9,185 9,185 9,185 45,925 November December 9,185 9,185 9,185 9,185 9,185 9,185 9,185 9,185 9,185 9,185 45,925 45,925 Total 110,220 110,220 110,220 110,220 110,220 551,100

Dining zone

Table 5.1.1.2Year 1 Year 2 Year 3 Year 4 Year 5 Total January 141,760 141,760 141,760 141,760 141,760 708,800 February 141,760 141,760 141,760 141,760 141,760 708,800 March 141,760 141,760 141,760 141,760 141,760 708,800 April 141,760 141,760 141,760 141,760 141,760 708,800 May 141,760 141,760 141,760 141,760 141,760 708,800 June 141,760 141,760 141,760 141,760 141,760 708,800 July 141,760 141,760 141,760 141,760 141,760 708,800 August September 141,760 141,760 141,760 141,760 141,760 141,760 141,760 141,760 141,760 141,760 708,800 708,800 October November December Total 141,760 141,760 141,760 1,701,120 141,760 141,760 141,760 1,701,120 141,760 141,760 141,760 1,701,120 141,760 141,760 141,760 1,701,120 141,760 141,760 141,760 1,701,120 708,800 708,800 708,800 8,505,600

60

Souvenir zone

Table 5.1.1.3January Year 1 Year 2 Year 3 Year 4 Year 5 Total February 209,700 209,700 209,700 209,700 209,700 1,048,500 March April May 209,700 209,700 209,700 209,700 20,970 859,770 June July August September 209,700 209,700 209,700 209,700 209,700 1,048,500 October November December Total 209,700 838,800 209,700 838,800 209,700 838,800 209,700 838,800 209,700 650,070 1,048,500 4,005,270

61

5.2 Cost of labor (per month)

Table 5.2.1

Positioning Head of labor Tcket seller Feeding seller Shepherd Total

Feeding zone Amount Salary 1 9,000 2 7,500 3 7,500 4 7,500 10

Total 9,000 15,000 22,500 30,000 76,500

Table 5.2.2

Positioning Sour Chef Chef waitor Steward Housekeeper Captain Cashier Total

Dining zone Amount Salary 1 21,000 3 12,000 4 8,250 1 7,500 2 7,500 1 9,000 2 9,000 14

Total 21,000 36,000 33,000 7,500 15,000 9,000 18,000 139,500

Table 5.2.3

Positioning Head Stock keeper Cashier Total

Souvenir zone Amount Salary 1 12,000 3 7,500 1 9,000 5

Total 12,000 22,500 9,000 43,500

62

5.3 Overhead Cost (per year)

Table 5.3.1Charge Feeding zone - Utility Expense Dining zone - Utility Expense Souvenir zone - Utility Expense Total January 7,578 33,648 17,118 58,344 February 7,578 33,648 11,118 52,344 March 6,350 23,648 8,718 38,716 April 6,350 23,648 8,718 38,716 Overhead cost Year 1 May June 6,350 23,648 8,718 38,716 6,350 23,648 8,718 38,716 July 6,350 23,648 8,718 38,716 August 6,350 23,648 8,718 38,716 September October November December 6,350 23,648 8,718 38,716 6,350 23,648 8,718 38,716 7,578 33,648 14,118 55,344 7,578 34,648 18,218 60,444 Total 81,112 324,776 130,316 536,204


63




64

Chapter 6 Administration Cost

65

6.1 Administrative Table 6.1.1Topic Land Feeding zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Dining zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance - Gas Souvenir zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Other Total January February 48,300,000 69,000 7,578 6,790 15,844 121,500 33,648 6,790 15,844 6,400 43,500 17,118 6,790 15,844 23,000 48,689,646 69,000 7,578 121,500 33,648 3,200 43,500 11,118 23,000 312,544 March 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 April 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 Administrative year 1 May June 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 July 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 August 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 September 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 October 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 298,916 November December Total 48,300,000 69,000 7,578 121,500 33,648 6,400 43,500 14,118 23,000 318,744 69,000 7,578 121,500 34,648 6,400 43,500 18,218 23,000 317,444 828,000 81,112 6,790 15,844 1,336,500 324,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 51,914,606

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Table 6.1.2Topic Feeding zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Dining zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance - Gas Souvenir zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Other Total January 69,000 7,578 6,790 15,844 121,500 34,648 6,790 15,844 6,400 43,500 17,118 6,790 15,844 23,000 390,646 February 69,000 7,578 121,500 33,648 3,200 43,500 11,118 23,000 309,344 March 69,000 6,350 121,500 24,648 3,200 43,500 8,718 23,000 296,716 April 69,000 6,350 121,500 24,648 3,200 43,500 8,718 23,000 296,716 Administrative year2 May June 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 295,716 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 295,716 July 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 295,716 August 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 295,716 September 69,000 6,350 121,500 23,648 3,200 43,500 8,718 23,000 295,716 October 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 November December 69,000 7,578 121,500 33,648 6,400 43,500 14,118 23,000 312,344 69,000 7,578 121,500 35,648 6,400 43,500 18,218 23,000 318,444 Total 828,000 81,112 6,790 15,844 1,336,500 330,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 3,620,606

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Table 6.1.3Topic Feeding zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Dining zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance - Gas Souvenir zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Other Total January 69,000 7,578 6,790 15,844 121,500 35,648 6,790 15,844 6,400 43,500 17,118 6,790 15,844 23,000 391,646 February 69,000 7,578 121,500 34,648 3,200 43,500 11,118 23,000 310,344 March 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 April 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 Administrative year3 May June 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 July 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 August 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 September 69,000 6,350 121,500 25,648 3,200 43,500 8,718 23,000 297,716 October 69,000 6,350 121,500 33,648 3,200 43,500 8,718 23,000 305,716 November December 69,000 7,578 121,500 33,648 6,400 43,500 14,118 23,000 312,344 69,000 7,578 121,500 36,648 6,400 43,500 18,218 23,000 319,444 Total 828,000 81,112 6,790 15,844 1,336,500 353,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 3,643,606

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Table 6.1.4Topic Feeding zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Dining zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance - Gas Souvenir zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Other Total January 69,000 7,578 6,790 15,844 121,500 36,648 6,790 15,844 6,400 43,500 17,118 6,790 15,844 23,000 392,646 February 69,000 7,578 121,500 32,648 3,200 43,500 11,118 23,000 308,344 March 69,000 6,350 121,500 31,648 3,200 43,500 8,718 23,000 303,716 April 69,000 6,350 121,500 27,648 3,200 43,500 8,718 23,000 299,716 Administrative year 4 May June 69,000 6,350 121,500 26,648 3,200 43,500 8,718 23,000 298,716 69,000 6,350 121,500 26,648 3,200 43,500 8,718 23,000 298,716 July 69,000 6,350 121,500 26,648 3,200 43,500 8,718 23,000 298,716 August 69,000 6,350 121,500 26,648 3,200 43,500 8,718 23,000 298,716 September 69,000 6,350 121,500 26,648 3,200 43,500 8,718 23,000 298,716 October 69,000 6,350 121,500 33,648 3,200 43,500 8,718 23,000 305,716 November December 69,000 7,578 121,500 35,648 6,400 43,500 14,118 23,000 314,344 69,000 7,578 121,500 37,648 6,400 43,500 18,218 23,000 320,444 Total 828,000 81,112 6,790 15,844 1,336,500 368,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 3,658,606

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Table 6.1.5Topic Feeding zone - Employee salary - Property Insurance - Fire Insurance Dining zone - Employee salary - Property Insurance - Fire Insurance - Gas Souvenir zone - Employee salary - Property Insurance - Fire Insurance Other Total January 69,000 6,790 15,844 121,500 6,790 15,844 6,400 43,500 6,790 15,844 23,000 3,078,402 February 69,000 121,500 3,200 43,500 23,000 260,200 March 69,000 121,500 3,200 43,500 23,000 260,200 April 69,000 121,500 3,200 43,500 23,000 260,200 Administrative year 5 May June 69,000 121,500 3,200 43,500 23,000 260,200 69,000 121,500 3,200 43,500 23,000 260,200 July 69,000 121,500 3,200 43,500 23,000 260,200 August 69,000 121,500 3,200 43,500 23,000 260,200 September 69,000 121,500 3,200 43,500 23,000 260,200 October 69,000 121,500 3,200 43,500 23,000 260,200 November December 69,000 121,500 6,400 43,500 23,000 263,400 69,000 121,500 6,400 43,500 23,000 263,400 Total 828,000 6,790 15,844 1,336,500 6,790 15,844 48,000 522,000 6,790 15,844 276,000 3,078,402

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Total administrative cost for 5 years Table 6.1.6

Topic Land Feeding zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Dining zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance - Gas Souvenir zone - Employee salary - Utility Expense - Property Insurance - Fire Insurance Other Total

Year 1 48,300,000 828,000 81,112 6,790 15,844 1,336,500 324,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 51,914,606

Total Administrative Year 2 Year 3 828,000 81,112 6,790 15,844 1,336,500 330,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 3,620,606 828,000 81,112 6,790 15,844 1,336,500 353,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 3,643,606

Year 4 828,000 81,112 6,790 15,844 1,336,500 368,776 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 3,658,606

Year 5 828,000 81,112 6,790 15,844 1,336,500 380,076 6,790 15,844 48,000 522,000 130,316 6,790 15,844 276,000 3,669,906

Total 48,300,000 4,140,000 405,560 33,950 79,220 6,682,500 1,758,180 33,950 79,220 240,000 2,610,000 651,580 33,950 79,220 1,380,000 66,507,330

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6.2 Management analysis As business becomes more complex, they increasingly rely on management analysts to help them remain competitive amidst these changes. Management analysts, often referred to as management consultants in private industry, analyze and propose ways to improve an organization's structure, efficiency, or profits. Analysts may manage contracts for a wide range of goods and services to ensure quality performance and to prevent cost overruns. For company, there are 8 partnerships in the company as following: 9. Mr. Sarawut 10. Miss. Juthamard 11. Miss. Bowonrat 12. Mr. Naruewat 13. Mr. Kawin 14. Mr. Wiroon 15. Miss.Thamonwan 16. Miss Nopparat Manora Bwonratakul Tritanon Pongpattananukul Chusilkitcharoen Pratuangsin Fonhthong Boontod (General Manager) (Feeding Zone Manager) (Restaurant Zone Manager ) (Souvenir Zone Manager) (Marketing Manager) (Human Resource Manager) (Accounting/Financial Manager) (Accounting/Financial Manager)

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6.2.1 Organization chart

Mr. Sarawut Manora

Miss. Juthamard Bwonratakul

Miss. Bowonrat Tritanon

Mr. Naruewat Pongpattananukul

Mr. Kawin Chusilkitcharoen

Mr. Wiroon Pratuangsin

Miss.Thamonwan Fonhthong

Miss Nopparat Boontod

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Description the characters and duties of employee in each department of Taste me as follows: 1. General Manager - Directly responsible to provide the internal control to be effective and levels of productivity are always impressive. - Manager must not to evaluate the work of employees in the ability that they can retain the existing customers and to satisfy customers until enable customers loyalty to use our products and service. - Control under the policy process and time frame. - Assessment of internal control of each department. - Analyzing and solving the problem to be more efficiency. - Organizing the divisions and order the employee know exactly role they has to play. 2. Accounting /Financing - Responsible for overseeing the operation of the accounting - Review and analysis of financial statement. - Check the accuracy of cash flow and the daily reports. - Collect the items that will be prepared for making an income statements and expenses. - Offer financial budget to the manager informed. - Acts of funds disbursement. - To storage the certificate documentation. - Control all expenses cost. 3. Marketing - To define common strategies and policies to achieve its objective. - Promote and advertise the promotion of farm. - Plan and analyze the customer information. - Follow the current situation on marketing all the time.

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4. Human Resource - Training initiatives may include apprenticeship, internship, job rotation, mentoring, and new skills programs. - Carefully planned and executed HRM programs are meaningless - Related to employee benefits, safety and health, and worker-management relations. - Recruiting and select the employee. - Evaluate the performance of employee. 5. Production/ operating - Control the quality of system. - Take data and maintain records of the speed, efficiency and results of the production. - Using this information, they will suggest changes that may improve the production process.

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Chapter 7 Financing

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Chapter 7 Financing Analysis 7.1 Initial investment Black Sheep Farm need to invest of 55,000,000 Baht Land Equipment, seating, and decorate Properties Others Total Initial Investment THB 48,300,000 THB 5,983,352 THB 60,000 THB 25,248 THB 54,368,600

7.2 Source of fund Our company borrows money from investor for 55,000,000 Baht and we must pay dividend every month. Loan: 55,000,000 Dividend: 10 % from net income each month.

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7.3 Profit and loss statement Table 7.3.1

Year 1 Revenue Sale Net Sale Cost of Good Sold Cost of Good Sold Gross Profit Expense Marketing Expense Cash paid for Administration Cost Overhead Cost/Utilities Cost Depreciation Cost Total Expense EBIT Tax 30% Net Income Dividend 10% Retained earning

Quarter1 12,820,000 12,820,000 662,535 12,157,465 15,600 934,992 161,404 173,824.59 1,285,821 10,871,644 3,261,493.32 7,610,151.09 761,015 6,849,136

Black Sheep Farm Profit & Loss Statement January 1 until December 31 Quater2 Quarter3 8,160,000 8,160,000 662,535 7,497,465 11,900 857,100 128,148 173,824.59 1,170,973 6,326,492 1,897,947.72 4,428,544.69 442,854 3,985,690 14,790,000 14,790,000 662,535 14,127,465 12,550 857,100 128,148 173,824.59 1,171,623 12,955,842 3,886,752.72 9,069,089.69 906,909 8,162,181

Quarter4 4,070,000 4,070,000 662,535 3,407,465 14,200 863,500 166,504 173,824.59 1,218,029 2,189,436 656,830.92 1,532,605.49 153,261 1,379,345

Total 39,840,000 39,840,000 2,650,140 37,189,860 54,250 3,512,692 584,204 695,298.36 4,846,444 32,343,416 9,703,024.69 22,640,390.95 2,264,039 20,376,352

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Table 7.3.2

Year 2 Revenue Sale Net Sale Cost of Good Sold Cost of Good Sold Gross Profit Expense Marketing Expense Cash paid for Administration Cost Overhead Cost/Utilities Cost Depreciation Cost Total Expense EBIT Tax 30% Net Income Dividend (10%) Retained earning

Quarter1 11,560,000 11,560,000 662,535 10,897,465 15,600 934,992 163,404 173,824.59 1,287,821 9,609,644 2,882,893.32 6,726,751.09 672675.109 6054075.978

Black Sheep Farm Profit & Loss Statement January 1 until December 31 Quater2 Quarter3 8,500,000 8,500,000 662,535 7,837,465 11,900 857,100 129,148 173,824.59 1,171,973 6,665,492 1,999,647.72 4,665,844.69 466584.469 4199260.218 7,650,000 7,650,000 662,535 6,987,465 12,550 857,100 128,148 173,824.59 1,171,623 5,815,842 1,744,752.72 4,071,089.69 407108.969 3663980.718

Quarter4 13,090,000 13,090,000 662,535 12,427,465 14,200 863,500 169,504 173,824.59 1,221,029 11,206,436 3,361,930.92 7,844,505.49 784450.549 7060054.938

Total 40,800,000 40,800,000 2,650,140 38,149,860 54,250 3,512,692 590,204 695,298.36 4,852,444 33,297,416 9,989,224.69 23,308,190.95 2330819.096 20977371.85

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Table 7.3.3Profit & Loss Statement January 1 until December 31 Quater2 Quarter3 10,200,000 10,200,000 662,535.00 9,537,465.00 11,900.00 857,100.00 134,148.00 173,824.59 1,176,972.59 8,360,492.41 2,508,147.72 5,852,344.69 585,234.47 5,267,110.22 11,390,000 11,390,000 662,535.00 10,727,465.00 12,550.00 857,100.00 134,148.00 173,824.59 1,177,622.59 9,549,842.41 2,864,952.72 6,684,889.69 668,488.97 6,016,400.72


Quarter1 16,320,000 16,320,000

Quarter4 13,090,000 13,090,000 662,535.00 12,427,465.00 14,200.00 863,500.00 178,504.00 173,824.59 1,230,028.59 11,197,436.41 3,359,230.92 7,838,205.49 783,820.55 7,054,384.94

Total 51,000,000 51,000,000 2,650,140.00 48,349,860.00 54,250.00 3,512,692.00 613,204.00 695,298.36 4,875,444.36 43,474,415.64 13,042,324.69 30,432,090.95 3,043,209.10 27,388,881.85

662,535.00 15,657,465.00 15,600.00 934,992.00 166,404.00 173,824.59 1,290,820.59 14,366,644.41 4,309,993.32 10,056,651.09 1,005,665.11 9,050,985.98

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Table 7.3.4Profit & Loss Statement January 1 until December 31 Quater2 Quarter3 10,030,000 10,030,000 662,535.00 9,367,465.00 11,900.00 857,100.00 138,148.00 173,248.59 1,180,396.59 8,187,068.41 2,456,120.52 5,730,947.89 573,094.79 5,157,853.10 10,710,000 10,710,000 662,535.00 10,047,465.00 12,550.00 857,100.00 137,148.00 173,248.59 1,180,046.59 8,867,418.41 2,660,225.52 6,207,192.89 620,719.29 5,586,473.60


Quarter1 15,980,000 15,980,000

Quarter4 14,960,000 14,960,000 662,535.00 14,297,465.00 14,200.00 863,500.00 181,504.00 173,248.59 1,232,452.59 13,065,012.41 3,919,503.72 9,145,508.69 914,550.87 8,230,957.82

Total 51,680,000 51,680,000 2,650,140.00 49,029,860.00 54,250.00 3,512,692.00 628,204.00 692,994.36 4,888,140.36 44,141,719.64 13,242,515.89 30,899,203.75 3,089,920.38 27,809,283.37

662,535.00 15,317,465.00 15,600.00 934,992.00 171,404.00 173,248.59 1,295,244.59 14,022,220.41 4,206,666.12 9,815,554.29 981,555.43 8,833,998.86

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Table 7.3.5


Quarter1 16,660,000 16,660,000

Black Sheep Farm Profit & Loss Statement January 1 until December 31 Quater2 Quarter3 10,540,000 10,540,000 662,535.00 9,877,465.00 11,900.00 857,100.00 143,148.00 173,248.59 1,185,396.59 8,692,068.41 2,607,620.52 6,084,447.89 608,444.79 5,476,003.10 9,690,000 9,690,000 662,535.00 9,027,465.00 12,550.00 857,100.00 143,148.00 173,248.59 1,186,046.59 7,841,418.41 2,352,425.52 5,488,992.89 548,899.29 4,940,093.60

Quarter4 15,300,000 15,300,000 662,535.00 14,637,465.00 14,200.00 863,500.00 177,004.00 173,248.59 1,227,952.59 13,409,512.41 4,022,853.72 9,386,658.69 938,665.87 8,447,992.82

Total 52,190,000 52,190,000 2,650,140.00 49,539,860.00 54,250.00 3,512,692.00 639,504.00 692,994.36 4,899,440.36 44,640,419.64 13,392,125.89 31,248,293.75 3,124,829.38 28,123,464.37

662,535.00 15,997,465.00 15,600.00 934,992.00 176,204.00 173,248.59 1,300,044.59 14,697,420.41 4,409,226.12 10,288,194.29 1,028,819.43 9,259,374.86

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7.4 State of cash flow Table 7.4.1Black Sheep Farm Statement of Cash Flow For Year 1 End of 31 Dec. Quarter1 Quarter2 0.00 12,820,000.00 662,535.00 934,992.00 15,600.00 161,404.00 11,045,469.00 48,300,000.00 24,000.00 5,983,352.00 60,000.00 1,248.00 54,368,600.00 55,000,000.00 3,300,000.00 764,315.11 4,064,315.11 7,612,553.89 7,612,553.89 8,160,000.00 662,535.00 857,100.00 11,900.00 128,148.00 14,112,870.89

Year 1 Operating activities Beginning cash Cash received from Customer Cash paid for Cost of Goods Sold Cash paid for Taxes (30%) Cash paid for Administrative cost Cash paid for Marketing expense Cash paid for Overhead cost/Utilities cost Net Cash Flow from Operating activities Investing activities Land Label Cash paid for purchase Equipment and Building Registration fees Internet & Telephone Net Cash Flow from Investing activities Financing activities Cash from Investor Payback Cash paid for dividend Net Cash Flow from Financing activities Increase/Decrease in cash

Quarter3 10,370,016.42 14,790,000.00 662,535.00 857,100.00 12,550.00 128,148.00 23,499,683.42

Quarter4 19,292,774.45 4,070,000.00 662,535.00 863,500.00 14,200.00 166,504.00 21,656,035.45

Total 19,292,774.45 39,840,000.00 2,650,140.00 3,512,692.00 54,250.00 584,204.00 21,656,035.45 48,300,000.00 24,000.00 5,983,352.00 60,000.00 1,248.00

3,300,000.00 442,854.47 3,742,854.47 10,370,016.42

3,300,000.00 906,908.97 4,206,908.97 19,292,774.45

3,300,000.00 153,260.55 3,453,260.55 18,202,774.90

13,200,000.00 2,267,339.10 15,467,339.10 18,202,774.90

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Table 7.4.2Black Sheep Farm Statement of Cash Flow For Year 1 End of 31 Dec. Quarter1 Quarter2 18202774.9 11560000 662535 9703204.69 934992 15600 163404 18,283,039.21 14310364.1 8500000 662535 0 857100 11900 129148 21,149,681.10

Year 2 Operating activities Beginning cash Cash received from Customer Cash paid for Cost of Goods Sold Cash paid for Taxes (30%) Cash paid for Administrative cost Cash paid for Marketing expense Cash paid for Overhead cost/Utilities cost Net Cash Flow from Operating activities Investing activities Land Label Cash paid for purchase Equipment and Building Registration fees Internet & Telephone Net Cash Flow from Investing activities Financing activities Cash form Investor Payback Cash paid for dividend Net Cash Flow from Financing activities Increase/Decrease in cash

Quarter3 17383096.63 7650000 662535 0 857100 12550 128148 23,372,763.63

Quarter4 19665654.66 13090000 662535 0 863500 14200 169504 31,045,915.66

Total 19665654.66 40800000 2650140 9703204.69 3512692 54250 590204 31,045,915.66

3300000 672675.109 3,972,675.11 14310364.1

3300000 466584.469 3,766,584.47 17383096.63

3300000 407108.969 3,707,108.97 19665654.66

3300000 784450.549 4,084,450.55 26961465.11

13200000 2330819.096 15,530,819.10 26961465.11

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Table 7.4.3Black Sheep Farm Statement of Cash Flow For Year 1 End of 31 Dec. Quarter1 Quarter2 26,961,465.11 16,320,000.00 662,535.00 9,989,224.69 934,992.00 15,600.00 166,404.00 31,512,709.42 27,207,044.31 10,200,000.00 662,535.00 0.00 857,100.00 11,900.00 134,148.00 35,741,361.31

Year 3 Operating activities Beginning cash Cash received from Customer Cash paid for Cost of Goods Sold Cash paid for Taxes (30%) Cash paid for Administrative cost Cash paid for Marketing expense Cash paid for Overhead cost/Utilities cost Net Cash Flow from Operating activities Investing activities Land Label Cash paid for purchase Equipment and Building Registration fees Internet & Telephone Net Cash Flow from Investing activities Financing activities Cash from Investment Pay back Cash paid for Dividend Net Cash Flow from Financing activities Increase/Decrease in cash

Quarter3 31,856,126.84 11,390,000.00 662,535.00 0.00 857,100.00 12,550.00 134,148.00 41,579,793.84

Quarter4 37,611,304.87 13,090,000.00 662,535.00 0.00 863,500.00 14,200.00 178,504.00 48,982,565.87

Total 37,611,304.87 51,000,000.00 2,650,140.00 9,989,224.69 3,512,692.00 54,250.00 613,204.00 48,982,565.87

3,300,000.00 1,005,665.11 4,305,665.11 27,207,044.31

3,300,000.00 585,234.47 3,885,234.47 31,856,126.84

3,300,000.00 668,488.97 3,968,488.97 37,611,304.87

3,300,000.00 783,820.55 4,083,820.55 44,898,745.32

13,200,000.00 3,043,209.10 16,243,209.10 44,898,745.32

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Table 7.4.4Black Sheep Farm Statement of Cash Flow For Year 1 End of 31 Dec. Quarter1 Quarter2 44,898,745.32 15,980,000.00 662,535.00 13,042,324.69 934,992.00 15,600.00 171,404.00 46,051,889.63 41,770,334.20 10,030,000.00 662,535.00 0.00 857,100.00 11,900.00 138,148.00 50,130,651.20

Year 4 Operating activities Beginning cash Cash received from Customer Cash paid for Cost of Goods Sold Cash paid for Taxes (30%) Cash paid for Administrative cost Cash paid for Marketing expense Cash paid for Overhead cost/Utilities cost Net Cash Flow from Operating activities Investing activities Land Label Cash paid for purchase Equipment and Building Registration fees Internet & Telephone Net Cash Flow from Investing activities Financing activities Cash from Investment Pay Back Cash paid for dividend Net Cash Flow from Financing activities Increase/Decrease in cash

Quarter3 46,257,556.41 10,710,000.00 662,535.00 0.00 857,100.00 12,550.00 137,148.00 55,298,223.41

Quarter4 51,377,504.12 14,960,000.00 662,535.00 0.00 863,500.00 14,200.00 181,504.00 64,615,765.12

Total 51,377,504.12 51,680,000.00 2,650,140.00 13,042,324.69 3,512,692.00 54,250.00 628,204.00 64,615,765.12

3,300,000.00 981,555.43 4,281,555.43 41,770,334.20

3,300,000.00 573,094.79 3,873,094.79 46,257,556.41

3,300,000.00 620,719.29 3,920,719.29 51,377,504.12

3,300,000.00 914,550.87 4,214,550.87 60,401,214.25

13,200,000.00 3,089,920.38 16,289,920.38 60,401,214.25

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Table 7.4.5Black Sheep Farm Statement of Cash Flow For Jan 1 until 31 Dec. Quarter1 Quarter2 60,401,214.25 16,660,000.00 662,535.00 13,242,515.89 934,992.00 15,600.00 176,204.00 62,029,367.36 58,847,811.93 10,540,000.00 662,535.00 0.00 857,100.00 11,900.00 143,148.00 67,713,128.93

Year 5 Operating activities Beginning cash Cash received from Customer Cash paid for Cost of Goods Sold Cash paid for Taxes (30%) Cash paid for Administrative cost Cash paid for Marketing expense Cash paid for Overhead cost/Utilities cost Net Cash Flow from Operating activities Investing activities Land Label Cash paid for purchase Equipment and Building Registration fees Internet & Telephone Net Cash Flow from Investing activities Financing activities Cash Investment Pay Back Cash paid for dividend Net Cash Flow from Fi

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section2 seat 16 Black sheep farm