Saturday, January 5, 2013

Financial - Expenses and Capitalization


Financial

¨  Expenses and capitalization

In the beginning VIP delivery company expenses and capitalization:

First year

Our capital to start the business:

We are going to be 5 stockholders every stockholder each will pay 10,000 the total (50,000) and our loan 100,000 from the bank. The total = 150,000 

Equipment and Machines = 187,000

-Two cars the price for the first one is 80,000 and the other will cost about 100,000 the total (180,000)

-Two Computers the price for each one 3,000 total (6,000)

-One office phone= 1000

Accounts Payable  = 95,000

-Employees: 3 drivers:5,000(15,000) , 1 office employee (8,000)= 23,000

-Advertising :3,000

-Packaging : 7,000

-Petrol : 12,000 (6000 for each car)

-Rent : 30,000 yearly

-Bill: 5,000 yearly

-Website :3,000 + application : 12,000 (total ) = 15,000

Interest to the bank = 12000

 


Next year

We plan on expanding a little by increasing the workforce and the machines.

Equipment and Machines = 267,000

-Two cars the price for the first one is 80,000  and the other is 100,000 the total and a new car  is 80,000 ( 260,000)

-Two Computers the price for each one 3,000  total (6,000)

-One office phone= 1000

Accounts Payable  = 183,000

-New Car = 80,000

-Employees: 4 drivers:5,000(20,000) , 2 office employees (16,000)= 36,000

-Advertising :3,000

-Packaging : 9,000

-Petrol : 18,000 (6000 for each car)

-Rent : 30,000 yearly

-Bill: 5,000 yearly

-Website new look + Application new features : 2000

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