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Executive Summary

This report is a part of Project Feasibility Study and Evaluation Course. In this
project, our group study about the feasibility to set up Hand Yah Company in Chiang
Mai.
Hand Yah Company is a retailer of modern native clothing in Thailand. Because
of nowadays, Thai people hardly wear native clothes especially teenagers, and western
clothes has become the standard clothing in Thai people daily life, so we want to create
a native clothing with modern style which suitable for people in this generation. We
also design our clothes for both Thai and foreign travelers that come to travel in Chiang
Mai.
Furthermore, there are an opportunities to build clothing business because
clothing market in Thailand has increasing every year. There are also many travelers
come to travel in Thailand and Chiang Mai. Moreover in 2015, Thailand will become
the member of AEC, so there will be more and more travelers that will come to Chiang
Mai.
Hand Yah Company main strategy is emotional branding. We will produce high
quality products with unique design. When customers wear it, they can feel that they are
different from other people because they wear native clothing with a modern and unique
design, not old-fashioned clothes. Moreover, we want to make a good relationship with
customers by provide them high quality products with average price. Then they will
have more loyalty to our brand and tell their friends or family, finally we will have more
customers in the future.

Contents
Page
Chapter 1 Introduction

Background and significance of the project

1.1 Thai clothing

1.2 Native clothing in Northern Thailand

1.3 History of fashion

1.4 Company Introduction

1.5 Vision

1.6 Mission

1.7 Project Objective

1.8 Benefits of project

Chapter 2 Industry Profile

2.1 Nature of industry

2.2 Classification of fiber

2.3 Type of products compare with competitor

14

2.4 Industry Situation

19

Chapter 3 Market Feasibility Study

21

Market analysis

22

3.1 General Environmental Analysis

22

3.2 PEST Analysis

22

3.3 Competition Analysis (3C Analysis)

23

3.4 STP Analysis

28

3.5 Marketing Mix

28

3.6 Brand Strategy

30

3.7 Sale Forecast

31

3.8 Marketing expense


Chapter 4 Investment Cost

44
47

4.1 Landscape

47

4.2 Certificate

48

4.3 Location

48

4.4 Design Shop cost Hand Yah

51

4.5 Layout and facility

52

4.6 Equipments & Tools

55

4.7 Vehicles

57

Chapter 5 Production and Operation Analysis

61

5.1 Operating Costs

61

5.2 Rental Cost

76

5.3 Stationary Expense

76

5.4 Oil Expense

77

Chapter 6 Administration Analysis

79

Organization (Administration analysis)

80

6.1 Employees in company

80

6.2 Employees Salary

81

6.3 Social insurance-Health insurance

81

6.4 Employee motivation

82

6.5 Electricity expense

82

6.6 Water expense

83

6.7 Internet and telephone expense

84

6.8 Car Insurance

84

Chapter 7 Financial Analysis

87

7.1 Income Statement

88

7.2 Cash Flow Statement

90

7.3 Balance Sheet

92

7.4 Ratio Analysis

94

7.5 Efficiency Ratios

94

7.6 Profitability Ratios

95

7.7 Liquidity Ratio

96

Chapter 8 Risk Management

97

Risk analysis of the project

98

8.1 Certainty risk

98

8.2 Uncertainty risk

98

Chapter 9 Conclusion

130

Table Contents
Table 3.1 Number of tourism in Chiang Mai

30

Table 3.2 Amount of local people in Chiang Mai

31

Table 3.3 Estimate amount of local people in Chiang Mai

32

Table 3.4 Amount of traveler in Thailand

33

Table 3.5 Estimate amount of traveler in Chiang Mai

34

Table 3.6 Weight estimate of company sales

35

Table 3.7 Retailer Forecast Sale from traveler

36

Table 3.8 Retailer Forecast Sale from female local people

38

Table 3.9 Revenue from traveler

40

Table 3.10 Revenue from local people

43

Table 4.1: Total of equipment for shop at Kad Suan Kaew

56

Table 4.2: Total of equipment for office and storage at Nimmanhaemin

57

Table 4.3 Total Invest Cost

61

Page |2

Table 6.1 Total Administrative Expense

86

Figure Contents
Figure 5.1 Shirt

63

Figure 5.2 Skirt

63

Figure 5.3 Dress

64

Figure 5.4 Hat

64

Figure 5.5 Shoes

64

Figure 6.1 Price of electricity in small enterprise.

83

Figure 6.2 Price of internet packaging per month

84

Page |3

Chapter 1
Introduction

Page |4

Background and significance of the project


1.1 Thai clothing
Traditional clothing for Thai women consists of a prasin , or a wrap-around skirt
(sarong), which is worn with a fitted, long-sleeved jacket. Among the most beautiful
costumes are those worn by dancers of classical Thai ballet. Women wear a tight-fitting
under jacket and a panung , or skirt, which is made of silk, silver, or gold brocade. But
for the last 100 years, Western clothing has become the standard form of clothing in
Thailands urban areas.1 So nowadays, people hardly see Thai people wear traditional
clothing in their daily life. Although foreigners view Thailand as the country which has
unique culture and tradition that foreigners satisfy. Thailand traditional clothing also
known for its beautiful silks, for this reason, the government tries to promote Thailand
as the Asian center for trendy clothing, watches, leatherwear, jewelry, and other
accessories.2
1.2 Native clothing in Northern Thailand
Northern Thailand or we can call Lanna is include with Chiang Mai, Chiang
Rai, Lampang, Lampoon, Pha Yao, Prae, Narn, and Mae Hong Sorn. It is the land
which full of their own culture, art, and tradition. Lanna people also known from their
clothes that has weave from beautiful silks and they wear it to conserve their culture. A
significant number of clothing designers work in Chiang Mai, many of them incorporate
tribal and traditional Lanna or Thai elements. Traditional woven textiles are to be found
in many of Chiang Mais fashion boutiques, as well as silk and cotton fabrics sold by
3

the meter. There are also several shops selling elements of interior design. Therefore
native clothing has outstanding identity and it shows the charm of Northern Thai
people, so it has more value and high price, and native clothing also very popular to
travelers.

1
2
3
4

http://www.everyculture.com/multi/Sr-Z/Thai-Americans.html#b
http://www.yourholidayhomes.com/home/49/thailand/page-6/
http://www.thaioasis.com/fr/cm/cmfashionscene.php
http://no415.freetzi.com/html8.html

Page |5

1.3 History of fashion


What is fashion and how they important? Fashion have many of meaning that
each of people can explain about this word. For easy understand the word of Fashion is
acceptable for following that related about your lifestyle.5 Also Fashion is one of long
time nonverbal communication forms that can indicate you for first impress of other
people

about

your

age,

gender,

home

town,

and

wealth.6

Charles Frederick Worth, the father of haute couture. He not invents the fashion,
but he is the first person that becomes a professional designer. He uses his wife to show
what he designs until the Empress Eugenie impress and he become one of Empresss
designers.

Worth

also

invents

many

things

about

the

fashion.7

If we said about capital of fashion, most of people must think about Paris, Milan
and London. But in present time have change also all of fact about this have change the
top five capital of fashion in 2012 is London, New York, Barcelona, Paris and Madrid.
Milan falls to 8th position and the statistic show that Bangkok have risen up from to
29th.8
For the values in brand name produce have both of advantages and
disadvantages because it create opportunities for designer to design new things, but also
make racist in social from poor people try to find brand name product, create more
racist in social and copy product will occur. Process of create and combination that
suitable for lifestyle is better than copying.9
All of this is the reason can be the answer why style of clothing have change all
the time and value have increasing. It a good opportunities that many of designer can
show their work and consumer have a lot of choice. Also include with a lot of
competitor for designer. For factory side is about how to lowest price with high quality
that consumer will choose their product.

5
6
7

http://www.oknation.net/blog/print.php?id=115562
http://www.fashion-era.com/sociology_semiotics.htm
http://www.likesbooks.com/charlesworth.html

http://www.languagemonitor.com/fashion/london-edges-new-york-for-top-2012-global-fashioncapital/

http://www.artbangkok.com/detail_page.php?sub_id=742

Page |6

1.4 Company Introduction


Our group plan to build Hand Yah company. The company is a modern native
clothing retailer and wholesaler. We plan to set up main company in Chiang Mai. We
have retail shop in Chiang Mai. The reasons we plan to set up the company in Chiang
Mai because of two reasons. First, the companys product is modern native clothes that
produce from native fabrics, and Chiang Mai has resource with low price. Second,
Chiang Mai is a fashion center in north Thailand. Third, our main target is both Thai
and

foreign

travelers

and

Chiang

Mai

is

the

interested

city

to

travel.

Our company did not produce the products by ourselves, but we choose
Faiamorn manufacturer to produce the product. The reasons we hire manufacturer are
because we have to reduce the costs of production and Faiamorn manufacturer has
capacity and experience to produce native clothing with lower price than the production
in the market.
Our product is the modern native clothing. It is native clothing in Northern
Thailand, but it seems to be old fashion, so we have to redesign the clothing to suitable
for modern society.

Picture Source: http://www.facebook.com/PeripohonBoutique/photos_stream

Page |7

1.5 Vision
To be the most profit company in Thailand that provides native clothing with
modern and fashionable design and travelers know the brand.
1.6 Mission
-

Promote native culture to be well-known.


Have a good relationship with customer and respond to their satisfaction.
Support social activities and preserve environment.

1.7 Project Objective


To study clothing market in Thailand.
To calculate cost and return of new clothing business.
To analyze feasibility of project.

1.8 Benefits of project


Understand detail about clothing products.
Understand situation of clothing market in Thailand.
Understand problem that can occur and the way to solve problem.
Able to calculate revenues and expenses, to find the way for maximize profits.

Page |8

Gantt chart

Duration
Number

Task

Start

End

(day)

Choosing Topic

30/10/2012 12/11/2012

14

Ch 1 - Introduction

13/11/2012 24/11/2012

12

Ch 2 - Industry Profile

13/11/2012 24/11/2012

12

Ch 3 - Marketing Feasibility Study

27/11/2012

8/12/2012

10

Ch 4 - Investment Cost

13/12/2012 23/12/2012

11

Ch 5 - Production and Operation Analysis

13/12/2012 23/12/2013

11

Ch 6 - Administrative Analysis

29/12/2012

8/1/2013

10

Ch 7 - Financial Analysis

9/1/2013

14/1/2013

Ch 8 - Risk Management

15/1/2013

20/1/2013

10

Ch 9 - Summary

21/1/2013

30/1/2013

10

11

Final Report

31/1/2013

10/2/2013

11

Oct

Nov

Dec

Jan

Feb

Page |9

Chapter 2
Industry Profile

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2.1 Nature of industry


In the beginning human produce clothing by sewing, weave, binding, knitting all
of that always do by hand make. In 1957 human began use machine to produce clothing
and the world change to capitalism. It has many clothing shop and many department
store effect to demand and supply of clothing increases. So clothing must has more
productivity, same style, same price, and same size that will suitable for demand.
Clothing industry then changes from hand makes to clothing industry by use machine
from now onwards and this is begin the era of fashion because people not just wear the
clothing, they need to look goods with different kinds of clothing.10
For now customer have a lot of choice in clothing market. High end with brand
until normal shirts from normal markets, a lot of barriers to entry this kinds of market
but our company still see opportunity because even have many of suppliers with similar
styles but clothes is one of four basics need of human live. So our company think
demand still keep increasing plus with number of population increase. With our modern
native clothing style we think we can gain profit from this market.
2.2 Classification of fiber
Natural Fibers - A textile fiber of mineral, plant, or animal origin.
Natural fibers include those of vegetable origin constituted of cellulose, a polymer of
glucose bound to lignin with varying amounts of other natural materials.1112
Cotton
Cotton is one of the most common types of fabric used in our clothing. Cotton is
a natural fiber and it is harvested from the cotton plant. The properties of cotton are
many it is soft, versatile and strong. These qualities make it ideal for clothing and many
other items. In fact, no other material is quite like cotton.

Silk
10
11
12

http://www.studymode.com/essays/Globalization-Clothing-Industries-175387.html
http://composite.about.com/library/glossary/n/bldef-n3567.htm
http://www.answers.com/topic/natural-fiber-1#ixzz2CkNVrMFW

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Silk is insect fiber. It comes from the silkworm cocoon that the silkworm spins
around itself to form its cocoon. A single filament from a cocoon can be as long as 1600
meters. It is considered an animal fiber because it has a protein structure. Just like other
animal fibers silk does not conduct heat, and acts as an excellent insulator to keep our
bodies warm in the cold weather and cool in the hot weather.
Jute
Jute is a natural fiber obtained from the bark of the jute plant. Jute is mainly
grown in south Asia and it was originally called by its Bengali name 'Pat' (Patta in
Sanskrit) which means a braid of hair. Jute has been used for centuries for ropes and
cordage for sea vessels. By the mid 18th century new technologies emerged and jute
fiber was spun into better quality yarn and woven to make jute cloth.
Camel Hair
The fibers are collected by shearing and by combing and collection during the
molting season. When camels mount they don't lose all the hair at once, but lose it over
a period of six to eight weeks. The hair is sorted according to shade and age of the
animal. Color varies from reddish to light brown. White fleece is most valuable but is
quite rare. Camel fiber has characteristics of conductivity, softness and strength.
Cashmere
Cashmere is weaker than wool but is luxurious with an extraordinary soft, and
resilient fiber that is receptive to dyes. This expensive fiber is combed once a year from
the bellies of the Cashmere goat. These goats live mostly in the mountains of Tibet,
Nepal and Pakistan.
Bamboo Fabric
Fiber can easily be extracted from bamboo to make bamboo fabric, and all the
related bamboo clothing and bamboo products.
Flax and Linen

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Flax is also known as linen. The flax plant yields the fibers for linen cloth; the
short fibers not needed for cloth production can be used to make paper. Linen has been
used for thousands of years. The earliest traces of its use have been dated as far back as
8,000 BC. Flax is thought to have originated in the Mediterranean region of Europe, the
Swiss Lake Dweller People of the Stone Age apparently produced flax for fiber and
seed. Mummies in Egyptian graves dating back 6,000 years have been found wrapped in
linen wraps.
Ramie
Ramie is one of the oldest vegetable fibers and has been used for thousands of
years. The true ramie or 'China Grass' is also known as 'white ramie' and is the Chinese
cultivated plant. It has large heart shaped, crenate leaves covered on the underside with
white hairs that give it a silvery appearance. Bohemia nivea var. tenacissima, is believed
to have originated in the Malay Peninsula and is known as 'green ramie' or 'rhea'. Green
ramie has smaller leaves than true ramie and is better suited to tropical climates. The
fiber is very fine like silk, and being naturally white in color does not need bleaching.
Soy Protein Fiber
Soy protein fiber (SPF) is the only plant protein fiber. It is made from the
soybean cake. The residue after extraction of the protein is used as stock feed. SPF has
the physical properties of synthetic fibers. When soybean protein fiber blends well with
other fibers, it will give more features. When mixed with cashmere it provides a smooth
quality as well as increasing the easy care properties. As a wool / soy protein fiber it
reduces shrinkage and increases ease of care. As a silk blend it improves the properties
of silk and prevents the fabric from sticking to the skin when wet.
Wool fiber
Wool is the textile fiber obtained from sheep and certain other animals, including
cashmere from goats, mohair from goats.13

13

http://www.binhaitimes.com/

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Man-made Fibers - Fiber created from natural materials or by chemical


processes. a type of fiber that is made artificially, such as polyester or rayon, rather than
occurring naturally, like cotton or wool.
Nylon
Nylon is a synthetic fabric that is strong and lightweight. Nylon is easy to wash and take
care of. Because nylon resists absorbing moisture and dries easily, it is often used for
swimwear and active wear.
Polyester
Polyester is a strong and durable synthetic fabric. Polyester dries quickly and can be
washable or dry clean only, so check your tags. Polyester is often used as a blend with
other fabrics to lend wrinkle resistance. It is not the easiest fabric to remove stains from,
and doesn't breathe as well as other fabrics may
Acrylic
Acrylic is a synthetic or manufactured fiber that is both soft and lightweight. It dries
easily and is machine washable. Acrylics are popular because of their ability to retain
their shape and texture after washing and drying, however they can pill easily. Static
cling also happens frequently with acrylics
Rayon
Rayon is a soft and comfortable fabric that absorbs well and has few static and pilling
problems. Rayon can have problems with shrinking. There are both dry clean only and
washable rayon fabrics on the market today. The only difference in these rayon fabrics
is their finishing stages. Watch care labels closely to know what type your clothing is.
Although rayon has many characteristics that make it a great fabric, it can also be easily
ruined by disregarding care labels.
Modal
Modal Fibers belong to the second generation of viscose fibers and are high wet
modulus fibers made by a modified viscose process with a higher degree of
polymerization and modified precipitating baths. This leads to fibers with improved
properties such as better wear, higher dry and wet strengths and better dimensional
stability. Modal fibers are smooth and soft, making it very suitable for body conscious
clothing, like intimate apparel. Modal fibers are highly absorbent and quickly soak up
water so that it still feels dry even when holding a considerable amount of water.

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Viscose
There are several fibers made from the naturally occurring polymer cellulose, which is
present in all plants. Mostly cellulose from wood is used to produce the fibers but
sometimes cellulose from short cotton fibers, called linters, is the source. By far the
most common cellulosic fiber is viscose fiber.
Glass
There is many inorganic fibers, including glass, carbon, metal and ceramic. They
are used particularly in the industrial fiber sector. Glass is the most important
inorganic fiber.
Lyocell
A new generation of cellulosic appeared in the market in December 1992 when a
commercial plant in the USA started to make a lyocell staple fiber, based largely on
European man-made fiber industry research. Subsequently, two European production
plants have opened. The lyocell fibers, like other cellulosic, are moisture absorbent and
biodegradable. They have a dry strength higher than other cellulosic and approaching
that of polyester. They also retain 85% of their strength when wet.
Carbon
The BISFA definition of a carbon fiber is "fiber containing at least 90% by mass
of carbon obtained by thermal carbonization of organic fiber precursors". Carbon fibers
are characterized by having high module and high strength, especially when embedded
in a matrix such as epoxy resin. They are also brittle and have a low density. The main
end-users are as reinforcement fibers in composites for the aircraft and aerospace
industries and sports goods.1415

14
15

http://housekeeping.about.com/od/fabricglossary/Glossary_of_Fabric_Types_and_Names.htm
http://www.cirfs.org/ManmadeFibres/ProductandProductionProcess.aspx

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2.3 Type of products compare with competitor


-

Shirt

Cottonintrend Brand

The Location of cottonintrend in Chiang Mai.the target of this shop is working


women and adults. The fashion design less update and the price of products is cheap.

16

Issue Brand

Focus on hi-end teenager customers who likes art and unique the woven fabric
printing. Which the cultural aspect traditions of Asia have altered the trend. But it is
expensive to buy. There are only three stores in Siam, Siam Paragon, and gayson.

16

http://www.cottonintrend.com/product?lang=th

17

http://siambrandname.com/forum/showthread.php?t=2069445

18

http://www.hereilike.com/siam/hereilike/detail.aspx?cmsId=261&&cate=1&&posi=

1718

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Dress

H&M Brand

H&M brand is famous brand ,the concept is Fashion and quality at the best
price .H&M brand have many target about Kids, teenage, adult ,man and women.
H&M have many size and style of cloth from casual to luxury.

19

Topshop Brand

Topshop brand is famous brand from England. have many strategic for sale .The
target of this brand are teenage and working women.Topshop independent design and
the concept are Topshop is a laboratory for trends and High street fashion .

19
20

20

http://www.hm.com/th/subdepartment/LADIES?Nr=4294913412#page=1&Nr=4294913412

http://th.topshop.com

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Skirt

Enjoy shop

Enjoy shop is retail shop in Chiang Mai sale the native cloth .and sale about
cotton cloth and native cloth .enjoy shop sale a low price and the product of this shop
are less design and pattern .

21

Topshop

Topshop brand is famos brand from England.have many strategic for sale .The
target of this brand are teenage and working women.Topshop independent design and
the concept are Topshop is a laboratory for trends and High street fashion. Topshops
Skirt have many design and pattern.
21

22

http://enjoyshopp.com/PEE.php

22

http://th.topshop.com/webapp/wcs/stores/servlet/CatalogNavigationSearchResultCmd?catalogId=3511
5&storeId=13089&langId=1&viewAllFlag=false&sort_field=Relevance&categoryId=737761&parent_cate
goryId=737430&beginIndex=1&pageSize=20#catalogId=35115&storeId=13089&langId=1&viewAllFlag=f
alse&sort_field=Relevance&categoryId=737761&parent_categoryId=737430&beginIndex=61&pageSize=
20

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Hat

Itrendyfashion Brand

iTrendyfashion is online shop .target of this shop is teenage and working


women . iTrendyfashion sale about fashion cloth and Korea fashion cloth.
-

23

Shoes

Sakuna Brand (walking street Chiang Mai )

23

http://www.itrendyfashion.com/product/488163/%E0%B8%AB%E0%B8%A1%E0%B8%A7%E0%B8%81
%E0%B9%81%E0%B8%9F%E0%B8%8A%E0%B8%B1%E0%B9%88%E0%B8%99%E0%B8%94%E0%B8%B5%
E0%B9%84%E0%B8%8B%E0%B8%94%E0%B9%8C%E0%B8%AB%E0%B8%A1%E0%B8%A7%E0%B8%81%E
0%B9%81%E0%B8%A1%E0%B9%88%E0%B8%A1%E0%B8%94%E0%B8%9C%E0%B9%89%E0%B8%B2%E0
%B9%81%E0%B8%84%E0%B8%8A%E0%B9%80%E0%B8%A1%E0%B8%B5%E0%B8%A2%E0%B8%A3%E0
%B9%8C%E0%B9%81%E0%B8%9F%E0%B8%8A%E0%B8%B1%E0%B9%88%E0%B8%99%E0%B8%AA%E0
%B9%84%E0%B8%95%E0%B8%A5%E0%B9%8C%E0%B8%AA%E0%B8%B2%E0%B8%A7%E0%B8%8D%E0
%B8%B5%E0%B9%88%E0%B8%9B%E0%B8%B8%E0%B9%88%E0%B8%99-ASW-1116.html

P a g e | 19

Sakuna brand is direct competitor of Hand Yah company.Sakuna use the native
style to make a shoes design.Sakuna shop have many kind of shoes about Slippers, The
heel pad.the location of sakuna is walking street Chiang Mai ,the 60 to 70 percentage of
customers is Thai Tourist .Sakuna have many shop such as Chiang Rai, Lampang, Nan,
Payao, Bangkok, etc

24

Tom Brand

Toms is very famous in order to choose a shoe with a variety of styles. You can
put all the ages. Amelia is a copy that has been difficult and expensive to buy.

24

http://www.thaismefranchise.com/?p=17592#more-17592

25

http://www.toms.com/womens/classics?view=all

25

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2.4 Industry Situation


Clothing industry is a one of important industry in every country also include
with Thailand clothing industry that necessary for Thai people because Thailand has
different weather in each season and people can select to wear follow in each season. In
Thailand have many entrepreneurs of small size, medium size and big size. So it will a
factors that motivate all of those entrepreneurs create high quality, low price and many
style of clothing because of a high rate of competition
In clothing market value of Thailand has more 100,000 million baht. It can
divide of Thais brand about 50,000 million bath and divide of foreign about 50,000
million baht. Now situation is increasing in Thai people interest about clothing and
dress more. So the market continued growth multiple by next 2 or 3 year.26
Situation of Textile & Clothing of Thailand have value in exporter is 4,472
million US dollars that increasing for 28.5% by having AEC for main trading market.
For clothing have value in exporter 3,206 million US dollars that increasing for 8.3%.
Two main reason that effect to this statistics because AEC occur, demand for textile
have increase and another reason is a lot of clothing factory have move to lower wage
cost that Thailand.27

26

http://www.bangkokbiznews.com/home/detail/business/marketing/20120530/454112/%E0%B8%84%E0%B9%89
%E0%B8%B2%E0%B8%9B%E0%B8%A5%E0%B8%B5%E0%B8%81%E0%B9%80%E0%B8%AA%E0%B8%B7%E0%B9%89
%E0%B8%AD%E0%B8%9C%E0%B9%89%E0%B8%B2%E0%B9%81%E0%B8%9F%E0%B8%8A%E0%B8%B1%E0%B9%88
%E0%B8%99%E0%B8%A3%E0%B8%B0%E0%B8%AD%E0%B8%B8%E0%B9%81%E0%B8%9A%E0%B8%A3%E0%B8%99%E0%B8%94%E0%B9%8C%E0%B8%99%E0%B8%AD%E0%B8%81
%E0%B9%82%E0%B8%AB%E0%B8%A1%E0%B8%94%E0%B8%B6%E0%B8%87%E0%B8%AA%E0%B8%B1%E0%B8%94
%E0%B8%AA%E0%B9%88%E0%B8%A7%E0%B8%99%E0%B8%95%E0%B8%A5%E0%B8%B2%E0%B8%94.html
27

http://www.thaitextile.org/iu_backup/Status_index.php

P a g e | 21

Source: Textile Intelligent Unit, 2012


*We not do the export process but why we need to show this table, because our
Company need to show how the situation of clothing industry. Its growing inside
country and enough power to export to another country. Our company sees the
opportunity to entry in this market and may be in the future our company may have
export branch start with export to AEC.

P a g e | 22

Chapter 3
Market
Feasibility Study

P a g e | 23

Market analysis
3.1 General Environmental Analysis
Nowadays clothing is importance factor in daily life of human. Modern native
clothing is the clothing in north of Thailand and local people are normal ware and can
sell for tourist in country and foreign. Hand Yah has segmented market in Chiang Mai
and Bangkok to be followed:
Size
Age
Design
Colors
3.2 PEST Analysis
3.2.1 Political/Legal factors
Thai government has policy minimum wage 300 baths per day. If customer has
income increase customer can buy more product.
3.2.2 Economic factors
Chiang Mai is the economic city it is many tourist and have cash flow all time
and now it have AEC that will open in December 31, 2012 it make more people come to
travel.
3.2.3 Social culture
Native clothing is an identity in north of Thailand nowadays it is popular for
tourist who come to travel on north of Thailand. Some people buy for wear or for
lagniappe. It can attract to tourist. Native clothing it is ordinary in north of Thailand it is
symbol in people and it can help Thai conservation. If we are help conservation in can
make profit and reputation for company.
3.2.4 Technology
Tailoring by machine it make the same quality every piece and more precision
goods we can confident in product quality and can produce more product when order

P a g e | 24

3.3 Competition Analysis (3C Analysis)


3.3.1 Competitor Analysis
Hand Yah focus on the market area in Chiang- Mai and Central Airport Chiang
Mai to be as the following Size, fashion & Design, Colors and add personality. It can
show market share of the follow segment into these separate parts so almost our
competitors are substitute competitors. We can analyze the main competitor into the
following which are

Direct competitor
Cupcake Design is wholesale and retail quality brand in market price. Most are
style pretty and sweet, around price 200-400 bath.28 Cupcake is the cloth shop for
teenager which have adapt of collection always suit with situation and update it have
effect to Hand Yah Brand because same goal for teenager and update for fashion it
make teenager always buy and choose product every collection it make sell competition
and nearly price.

OTOP is retail in Thailand lower price. Its very native style and made by
handmade of people in Thailand. The product is the similarity style. But different in
decide. There are many disadvantage which are loss advertise, no standard the quality of
the product according to each person. And take time to produce.

M&N Tiger line the distinctive point is tiger line only in shop. Its very
expensive around 700 1400 bath. 29 Shop has style be clear and identity for teenager to
like style look strange, outstanding. But have high price and loss wear cloth. The
collection will cannot to change as first.

Northern Village Grand is handicraft products the contemporary and Lanna


style. Wholesale expensive quality brand and modern style. Price around 2000 bath
up.30 Northern is the overall goods native style for the tourist but have high price. The
products an emphasize design embroider. The Product cannot to change as first because
focus the tourist and can to buy for gift or souvenir.
28

http://www.facebook.com/pages/-Cupcake-design-/238615372840429

29

http://www.thaismefranchise.com/?p=28163

30

http://www.centralplaza.co.th/PromotionDetail-th-NorthernVillagesale.aspx

P a g e | 25

Cowboy rider & girl Wholesale cheap quality brand and western style. Price
around 20 baths up. 31 Cowboy rider & girl are cloth shop identity in oneself. Many of
goods and the low and high price. But the product to same any collection and focus to
sell decorations more than cloths.
All of those brands are our direct competitor that sold clothing in lower and
some higher price target in the same group of our company.

Indirect competitor
Top shop
We started out life way back in 1964. Since those humble beginnings in the
basement of a department store we've grown up and now have over 300 stores in the
UK alone! We ship to more than 100 countries and our eclectic British style is known
all over the world.
Over the years we've built a strong bond with industry insiders and in 2002 we
joined forces with NEWGEN, a scheme which allows us to foster new design talent and
provide a global platform for the scene's brightest new stars. We're also the only high
street brand to show on schedule at London Fashion Week, and Top shop Unique has
become the style set's hottest ticket.

32

Top shop is popular brand on celebrity and people interest because many celebs
wear and took a photo post on instagram. It makes many people follow and use it for
fashion idol. It makes Top shop famous in teenager but price very expensive make some
entrepreneur make copy product sale for consumer. So people buy goods for follow
celeb.

31

32

http://www.cowboythai.com/forum2/index.php?topic=389.0

http://th.topshop.com/webapp/wcs/stores/servlet/CatalogNavigationSearchResultCmd
?catalogId=35115&storeId=13089&langId=1&viewAllFlag=false&categoryId=758060
&interstitial=true&TS=1316532163841&intcmpid=W_FOOTER_WK7_HP_TH_ABO
UT_US

P a g e | 26

AIIZ company
Reno (Thailand) Co.,Ltd was found in 1992 by Mr. Piya Thanakitamnuay.
Today Reno Group is the leading fashion retailer in Thailand with over 1,500 of
employees and 400 retail across Thailand and export to 8 Countries in Southeast Asia
and Middle east
Brand concept
AIIZ is young casual brand targeting to teenager from aged 13 to 18 years.
AIIZ Career aims for the working ladies from 19-25 year old
AIIZ XII is children ware brand to suit children from aged 4 to 12 years.
CAMEL is an international brand originated in Germany founded in 1993
VINCCI is an importing brand from Malaysia

33

AIIZ it is a brand for family and mom like to buy for teenager collection is the
same old form. But change pattern and color for season. Brand poplars because
when wear it make to polite and price regular. It is another brand has a famous
long time and many branch. So AIIZ they are big brands and promotion to cheap
that affect to Hand Yah.
Body Glove
BGT Corporation Public Company Limited has been in a retail business of Ready-towear apparels and related accessories under the trademark of Body Glove with Hand
Device as its logo.
Companys strategic focuses is to continuously develop store expansion by adding
more flagship stores and counters in the department stores. The Company differentiates
itself with uniqueness in store designs and consistently redecorates existing flagship
stores to be as up-to-date as newly opened stores. Additionally, the Company places
high emphasis on the selection of new store location, which is in prime areas and serve
well with market demands.

34

Body Glove Brand the famous for teenager fashion for sport and polite for child
and teenager many pattern popular on foreign country. Many branches in Thailand have
more promotion for customer. However Body Glove Brand has affected to Hand Yah
because clothing the low price and design has worn various chances.

33
34

http://www.atozfashion.com/
http://www.bodyglove.co.th/investor.html

P a g e | 27

Greek Light Shop


Our shop was established since 1980 at Jatujak Market. We are specialized for
producing several garment design. We have our own brand and registered already.
Our products are ladies pants and men's polo & T-shirt, belt and bag. We also
work with oversea customer such as Japan, Singapore, Taiwan and etc. We can accept
35
made by order design as well.
We can accept made by order design as well. Greek Light Shop they are famous
for some local but in Chiang Mai it very popular because branch have local in front of
Chiang Mai University. It makes collection in CMU wear but not popular more
Competitor SWOT Analysis
Strength
-

Good quality of product.


Modern and beautiful design (some brands).
This is a brand that long term.
High standard and import brand form international market.
Have promotion for consumer every time.

Weakness
-

To buy the store room.


Expensive (some brands).
Not have brand loyalty.

Opportunity
-

Easy to buy any areas.


Update new trend online always.
Design have identify of clothing.

Weakness
-

35

Our product is design by the native and inexpensive more than other brands.
The customers of the age of 15 years.
Our product is sold in shop, out of place and delivery anyway by post.

http://www.greeklightshop.com/about.html

P a g e | 28

3.3.2 Customer analysis

Foreign traveler
Woman
Teenager woman
Other shop in Thailand

Our target customer is foreign traveler woman, teenager, woman and other shop
in Thailand. The reason why custom must to buy my product are my product have high
quality and not expensive price. Our products have modern fashion meet the needs of
teenager and modern native clothing is art of north in Thailand foreign traveler will buy
for souvenir and wear. Out location shop will stand at shopping center Central airport in
Chaing Mai and walking street it will easy to buy and always attract customer to buy
product. Our company will have advertising in internet social network for electronic
commerce for easy to buy product in internet. Our company is act as retailer and
wholesaler we can distribution product to other shop in Thailand.
3.3.3 Competitive Analysis
Nowadays, in Thailand, the clothing market has value about 100,000 million
baht and about 50 percent are the foreign brand.

36

This information shows that the

clothing market in Thailand has high competition not just inside the country, but we
also have many competitors that come from other countries. Especially in the past few
years that Thai people fashion trend come from Korea and Japan and teenagers want to
wear Korea or Japan clothes because its look cool and smart.
For most of native clothing business set locally in Northern of Thailand which
native clothing of the indigenous people in the North. Chiang Mai province has the most
native clothing business in Thailand because there was a large number of a tourist.
Therefore, we should establish a business in Chiang Mai. The Hand Yah brand
present concept use modern mixed with native clothing for create new innovation,
which identity of the companies to make differ competitor in the market from the north
36

http://www.bangkokbiznews.com/home/detail/business/marketing/20120530/454112/%E0%B8%84
%E0%B9%89%E0%B8%B2%E0%B8%9B%E0%B8%A5%E0%B8%B5%E0%B8%81%E0%B9%80%E0%B8%AA
%E0%B8%B7%E0%B9%89%E0%B8%AD%E0%B8%9C%E0%B9%89%E0%B8%B2%E0%B9%81%E0%B8%9F
%E0%B8%8A%E0%B8%B1%E0%B9%88%E0%B8%99%E0%B8%A3%E0%B8%B0%E0%B8%AD%E0%B8%B8%E0%B9%81%E0%B8%9A%E0%B8%A3%E0%B8%99%E0%B8%94%E0%B9%8C%E0%B8%99%E0%B8%AD
%E0%B8%81%E0%B9%82%E0%B8%AB%E0%B8%A1%E0%B8%94%E0%B8%B6%E0%B8%87%E0%B8%AA
%E0%B8%B1%E0%B8%94%E0%B8%AA%E0%B9%88%E0%B8%A7%E0%B8%99%E0%B8%95%E0%B8%A5
%E0%B8%B2%E0%B8%94.html

P a g e | 29

prefabricated clothing to sale of the urban. And opportunity to make a hand Yah brands
are growing up in the market immediately, focus group of customers but important
factors that influence and affect our company is a small company and a new industry in
the market. As a result, there is a risk of delay in growth markets.
Although there is emerging. It did not affect us much because the brand name is
different, and the modern trend.
3.4 STP Analysis
3.4.1 Segment
Hand Yah Company divined target group by objective and gender of people that in
Chiang Mai to 4 main groups;
-Male traveler
-Female traveler
-Male local people
-Female local people
3.4.2 Target
Hand Yah Company has set the target market as
-

Travelers both male and female in Chiang Mai


Female local people

We also focus on travelers that buy our products for a gift.


3.4.3 Position
Hand Yah Company has positioning our products with unique design by offering
product that combine the native style with modern style customer cant find it easily in
every cloth market. Our customers are the travelers who have average income and want
to buy some clothing that present native design and fashionable, some of them also buy
our products as a gift for friends and parents with not too high of cost or to low if it be a
gift.
3.5 Marketing Mix
Product: Our product is Modern Native Clothing. Modern Native Clothing is the
fashion clothing and design for woman only and product has variety to choose for
customers need and texture has feel comfortable will ware it. For tracery of clothing we
have many type and we will always change. Also create a set A and B to match suitable
combine with shirt, skirt and accessory. Customer does not need to spend more time to
find matching when wear our product, also can create more sell of our product.

P a g e | 30

Price: Hand Yah Company can divide price in each product and set same price for
general such as Shirt 299 bath, Skirt 249 bath, Dress 499 bath, Hat 199 bath, Shoes 199
bath and Hand Yah Company will sell the product as a set for attract customer. Set A
include with Shirt, Skirt, Hat and Shoes for price 799 bath from normal price 906 bath
and set B include with Dress, Hat and Shoes for price 749 bath from normal price 857
bath. Most of price we set by estimate profit around 100% from cost

Shirt
Skirt

Cost(Baht)
100
90

Price(Baht)
299
249

Profit (%)
199.00%
176.67%

Dress

220

499

126.82%

Hat

50

199

298.00%

Shoes
Set A

70
310

199
799

184.29%
157.74%

Set B

340

749

120.29%

Place: Hand Yah Company set up at Chiang Mai because Chiang Mai is the city of
Lanna and most of people wear Modern Native Clothing and is the center of shopping
in North of Thailand and has much tourism from Thailand and foreign still increasing
every year.

P a g e | 31

Table 3.1 Number of tourism in Chiang Mai

Source: http://www.cmcity.go.th/aboutus/economic.php

Promotion: Hand Yah Company wants to provide product for tourism to satisfy and
that is importance to help promote our company by build good relationship and good
service for tourism. We will give brochure to promote our company and has
service online for foreign tourism and around Thailand.

3.6 Brand Strategy


How we company attract people to buy our product? We will use the strategy
37

call emotional branding . To create relationship in feeling part that customer will
received after buy our company product. Because our product have unique design with
not too much amount that can see everywhere. What our company want is make
customer feel when their wear our products, their wear a special design of modern
native without feeling of just a old fashion. Its will create more value in customer look
for our product with not too high of price that we set.
With our brand logo and name of brand that easy to remember, a cute logo with
some simple of designs in the logo. Name of Hand Yah mean in north local language is
handmade, what company want from this meaning is people feeling how much of our
company care product from production until selling process even their wearing, our
company want to make sure that customer received a perfect quality of our products.

37

http://www.smartinsights.com/online-brand-strategy/emotional-branding-means-customers-stayloyal-for-the-long-haul/

P a g e | 32

Create more loyalty and start buzz marketing and hope that customer will come back
again with more friends or our future customers.
3.7 Sale Forecast
Our group forecast sale by calculating from female local people and number of
people who come to traveler in Chiang Mai.
From table 3.2 below you can see amount of local people in 2008, 2009, 2010 and 2011

Table 3.2 Amount of local people in Chiang Mai

Year 2010

Male = 800,883

Female = 839,596

Year 2011

Male = 802,823

Female = 843,321

%Male = +0.0024%

38
39

http://stat.bora.dopa.go.th/stat/y_stat53.html
http://stat.bora.dopa.go.th/stat/y_stat54.html

38
39

%Female = +0.0044%

P a g e | 33

So we calculate with this rate of growing in amount of local people in every year.
Table 3.3 Estimate amount of local people in Chiang Mai

We will estimate forecast sell by divined amount of local people in each year to
monthly with our seasonal factor because they already alive in Chiang Mai.
Sell forecast from local people
= (amount of local people in that year/12)*weight estimate sale

P a g e | 34

Then let keep going from table 3.3below you can see number of traveler in
2008, 2009, 2010 and 2011
Table 3.4 Amount of traveler in Thailand

% (2009 / 2008)

-2.98%

% (2010 / 2009)

12.63%

% (2011 / 2010)

19.84%

Average Growth Rate = growing up 9.83%/year

P a g e | 35

Table 3.5 Estimate amount of traveler in Chiang Mai

From table 3.4 growing average in amount of traveler in Thailand is about


9.83% per year. So we applied to this table find amount of traveler will come to Chaing
Mai from year 2009 about 2,394,388 and 2010 about 2,770,142. Then our group
estimated for 2011, 2012 and next our project for three years. For last two years we in
clued AEC factors, so will multiple growing rate for 1.5 times in year 4 and 2 times for
year 5. Then we will get estimate amount of traveler in table 3.5
We also put the season factor in to the calculation because most people will
travel to Chiang Mai in winter season;
Jan = 1.8 times

Feb = 1.4 times

Mar = 1 times

Apr = 1.2 times

May = 0.5 times

Jun = 0.5 times

Jul = 0.5 times

Aug = 0.5 times

Sep = 0.5 times

Oct = 0.7 times

Nov = 1.4 times

Dec = 2 times

*plus all of this equal 12 mean number of people who travel to Chiang Mai in each
month = (Number in that year /12)* season factor

P a g e | 36

Then calculate from amount of local people plus with amount of traveler in
Chiang Mai will go to Nimmanhaemin Street Chiang Mai and Kad Suan Kaew then buy
our product around 0.5% mean that two hundred of people at less will buy one product.
So we get the sale forecast in amount. With weight of each product that we estimate to
sell, you can see from table 3.6 below.
Table 3.6 Weight estimate of company sales

P a g e | 37

Table 3.7 Retailer Forecast Sale from traveler


Year 1
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 2
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total

Jan
440
302
743
247
495
220
302
2,749
Jan
483
332
816
272
544
241
332
3,020

Feb
342
235
578
192
385
171
235
2,138
Feb
376
258
634
211
423
188
258
2,348

Mar
244
168
412
137
275
122
168
1,526
Mar
268
184
453
151
302
134
184
1,676

Apr
293
201
495
165
330
146
201
1,831
Apr
322
221
544
181
362
161
221
2,012

May
122
84
206
68
137
61
84
762
May
134
92
226
75
151
67
92
837

Jun
122
84
206
68
137
61
84
762
Jun
134
92
226
75
151
67
92
837

Jul
122
84
206
68
137
61
84
762
Jul
134
92
226
75
151
67
92
837

Aug
122
84
206
68
137
61
84
762
Aug
134
92
226
75
151
67
92
837

Sep
122
84
206
68
137
61
84
762
Sep
134
92
226
75
151
67
92
837

Oct
171
117
289
96
192
85
117
1,067
Oct
188
129
317
105
211
94
129
1,173

Nov
342
235
578
192
385
171
235
2,138
Nov
376
258
634
211
423
188
258
2,348

Dec
489
336
825
275
550
244
336
3,055
Dec
537
369
906
302
604
268
369
3,355

Total
2,931
2,014
4,950
1,644
3,297
1,464
2,014
18,314
Total
3,220
2,211
5,434
1,808
3,624
1,609
2,211
20,117

P a g e | 38

Year 3
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 4
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 5
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total

Jan
531
365
896
298
597
265
365
3,317
Jan
609
419
1028
342
685
304
419
3,806
Jan
729
501
1230
410
820
364
501
4,555

Feb
413
284
697
232
464
206
284
2,580
Feb
474
325
800
266
533
237
325
2,960
Feb
567
390
957
319
638
283
390
3,544

Mar
295
202
498
166
332
147
202
1,842
Mar
338
232
571
190
380
169
232
2,112
Mar
405
278
683
227
455
202
278
2,528

Apr
354
243
597
199
398
177
243
2,211
Apr
406
279
685
228
457
203
279
2,537
Apr
486
334
820
273
547
243
334
3,037

May
147
101
249
83
166
73
101
920
May
169
116
285
95
190
84
116
1,055
May
202
139
341
113
227
101
139
1,262

Jun
147
101
249
83
166
73
101
920
Jun
169
116
285
95
190
84
116
1,055
Jun
202
139
341
113
227
101
139
1,262

Jul
147
101
249
83
166
73
101
920
Jul
169
116
285
95
190
84
116
1,055
Jul
202
139
341
113
227
101
139
1,262

Aug
147
101
249
83
166
73
101
920
Aug
169
116
285
95
190
84
116
1,055
Aug
202
139
341
113
227
101
139
1,262

Sep
147
101
249
83
166
73
101
920
Sep
169
116
285
95
190
84
116
1,055
Sep
202
139
341
113
227
101
139
1,262

Oct
206
142
348
116
232
103
142
1,289
Oct
237
162
400
133
266
118
162
1,478
Oct
283
195
478
159
319
141
195
1,770

Nov
413
284
697
232
464
206
284
2,580
Nov
474
325
800
266
533
237
325
2,960
Nov
567
390
957
319
638
283
390
3,544

Dec
590
405
996
332
664
295
405
3,687
Dec
677
465
1142
380
761
338
465
4,228
Dec
810
557
1367
455
911
405
557
5,062

Total
3,537
2,430
5,974
1,990
3,981
1,764
2,430
22,106
Total
4,060
2,787
6,851
2,280
4,565
2,026
2,787
25,356
Total
4,857
3,340
8,197
2,727
5,463
2,426
3,340
30,350

P a g e | 39

Table 3.8 Retailer Forecast Sale from female local people

Year 1
Jan
56.72
Shirt
38.99
Skirt
Dress 95.71
31.90
Hat
Shoes 63.81
Set A 28.36
38.99
Set B
Total 354.48
Year 2
Jan
56.97
Shirt
39.16
Skirt
Dress 96.13
32.04
Hat
Shoes 64.09
Set A 28.48
39.16
Set B
Total 356.04

Feb
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Feb
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Mar
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Mar
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Apr
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Apr
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

May
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
May
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Jun
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Jun
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Jul
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Jul
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Aug
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Aug
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Sep
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Sep
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Oct
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Oct
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Nov
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Nov
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Dec
56.72
38.99
95.71
31.90
63.81
28.36
38.99
354.48
Dec
56.97
39.16
96.13
32.04
64.09
28.48
39.16
356.04

Total
681
468
1,149
383
766
340
468
4,254
Total
684
470
1,154
385
769
342
470
4,273

P a g e | 40

Year 3
Jan
57.22
Shirt
39.34
Skirt
Dress 96.55
32.18
Hat
Shoes 64.37
Set A 28.61
39.34
Set B
Total 357.61
Year 4
Jan
57.47
Shirt
39.51
Skirt
Dress 96.98
32.33
Hat
Shoes 64.65
Set A 28.73
39.51
Set B
Total 359.18
Year 5
Jan
57.72
Shirt
39.68
Skirt
Dress 97.41
32.47
Hat
Shoes 64.94
Set A 28.86
39.68
Set B
Total 360.76

Feb
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Feb
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Feb
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Mar
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Mar
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Mar
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Apr
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Apr
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Apr
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

May
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
May
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
May
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Jun
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Jun
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Jun
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Jul
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Jul
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Jul
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Aug
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Aug
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Aug
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Sep
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Sep
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Sep
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Oct
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Oct
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Oct
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Nov
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Nov
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Nov
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Dec
57.22
39.34
96.55
32.18
64.37
28.61
39.34
357.61
Dec
57.47
39.51
96.98
32.33
64.65
28.73
39.51
359.18
Dec
57.72
39.68
97.41
32.47
64.94
28.86
39.68
360.76

Total
687
472
1,159
386
772
343
472
4,291
Total
690
474
1,164
388
776
345
474
4,310
Total
693
476
1,169
390
779
346
476
4,329

P a g e | 41

Table 3.9 Revenue from traveler


Year 1
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 2
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total

Jan
131,560
75,198
370,757
49,153
98,505
175,780
226,198
1,127,151
Jan
144,417
82,668
407,184
54,128
108,256
192,559
248,668
1,237,880

Feb
102,258
58,515
288,422
38,208
76,615
136,629
176,015
876,662
Feb
112,424
64,242
316,366
41,989
84,177
150,212
193,242
962,652

Mar
72,956
41,832
205,588
27,263
54,725
97,478
125,832
625,674
Mar
80,132
45,816
226,047
30,049
60,098
107,066
137,816
687,024

Apr
87,607
50,049
247,005
32,835
65,670
116,654
150,549
750,369
Apr
96,278
55,029
271,456
36,019
72,038
128,639
165,529
824,988

May
36,478
20,916
102,794
13,532
27,263
48,739
62,916
312,638
May
40,066
22,908
112,774
14,925
30,049
53,533
68,908
343,163

Jun
36,478
20,916
102,794
13,532
27,263
48,739
62,916
312,638
Jun
40,066
22,908
112,774
14,925
30,049
53,533
68,908
343,163

Jul
36,478
20,916
102,794
13,532
27,263
48,739
62,916
312,638
Jul
40,066
22,908
112,774
14,925
30,049
53,533
68,908
343,163

Aug
36,478
20,916
102,794
13,532
27,263
48,739
62,916
312,638
Aug
40,066
22,908
112,774
14,925
30,049
53,533
68,908
343,163

Sep
36,478
20,916
102,794
13,532
27,263
48,739
62,916
312,638
Sep
40,066
22,908
112,774
14,925
30,049
53,533
68,908
343,163

Oct
51,129
29,133
144,211
19,104
38,208
67,915
87,633
437,333
Oct
56,212
32,121
158,183
20,895
41,989
75,106
96,621
481,127

Nov
102,258
58,515
288,422
38,208
76,615
136,629
176,015
876,662
Nov
112,424
64,242
316,366
41,989
84,177
150,212
193,242
962,652

Dec
146,211
83,664
411,675
54,725
109,450
194,956
251,664
1,252,345
Dec
160,563
91,881
452,094
60,098
120,196
214,132
276,381
1,375,345

Total
876,369
501,486
2,470,050
327,156
656,103
1,169,736
1,508,486
7,509,386
Total
962,780
550,539
2,711,566
359,792
721,176
1,285,591
1,656,039
8,247,483

P a g e | 42

Year 3
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 4
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 5
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total

Jan
158,769
90,885
447,104
59,302
118,803
211,735
273,385
1,359,983
Jan
182,091
104,331
512,972
68,058
136,315
242,896
313,831
1,560,494
Jan
217,971
124,749
613,770
81,590
163,180
290,836
375,249
1,867,345

Feb
123,487
70,716
347,803
46,168
92,336
164,594
212,716
1,057,820
Feb
141,726
80,925
399,200
52,934
106,067
189,363
243,425
1,213,640
Feb
169,533
97,110
477,543
63,481
126,962
226,117
292,110
1,452,856

Mar
Apr
88,205
105,846
50,298
60,507
248,502
297,903
33,034
39,601
66,068
79,202
117,453
141,423
151,298
182,007
754,858
906,489
Mar
Apr
101,062
121,394
57,768
69,471
284,929
341,815
37,810
45,372
75,620
90,943
135,031
162,197
173,768
208,971
865,988 1,040,163
Mar
Apr
121,095
145,314
69,222
83,166
340,817
409,180
45,173
54,327
90,545
108,853
161,398
194,157
208,222
250,166
1,036,472 1,245,163

May
43,953
25,149
124,251
16,517
33,034
58,327
75,649
376,880
May
50,531
28,884
142,215
18,905
37,810
67,116
86,884
432,345
May
60,398
34,611
170,159
22,487
45,173
80,699
104,111
517,638

Jun
43,953
25,149
124,251
16,517
33,034
58,327
75,649
376,880
Jun
50,531
28,884
142,215
18,905
37,810
67,116
86,884
432,345
Jun
60,398
34,611
170,159
22,487
45,173
80,699
104,111
517,638

Jul
43,953
25,149
124,251
16,517
33,034
58,327
75,649
376,880
Jul
50,531
28,884
142,215
18,905
37,810
67,116
86,884
432,345
Jul
60,398
34,611
170,159
22,487
45,173
80,699
104,111
517,638

Aug
43,953
25,149
124,251
16,517
33,034
58,327
75,649
376,880
Aug
50,531
28,884
142,215
18,905
37,810
67,116
86,884
432,345
Aug
60,398
34,611
170,159
22,487
45,173
80,699
104,111
517,638

Sep
Oct
Nov
Dec
43,953
61,594
123,487
176,410
25,149
35,358
70,716
100,845
124,251 173,652
347,803
497,004
16,517
23,084
46,168
66,068
33,034
46,168
92,336
132,136
58,327
82,297
164,594
235,705
75,649 106,358
212,716
303,345
376,880 528,511 1,057,820 1,511,513
Sep
Oct
Nov
Dec
50,531
70,863
141,726
202,423
28,884
40,338
80,925
115,785
142,215 199,600
399,200
569,858
18,905
26,467
52,934
75,620
37,810
52,934
106,067
151,439
67,116
94,282
189,363
270,062
86,884 121,338
243,425
348,285
432,345 605,822 1,213,640 1,733,472
Sep
Oct
Nov
Dec
60,398
84,617
169,533
242,190
34,611
48,555
97,110
138,693
170,159
238,522
477,543
682,133
22,487
31,641
63,481
90,545
45,173
63,481
126,962
181,289
80,699
112,659
226,117
323,595
104,111
146,055
292,110
417,193
517,638
725,530 1,452,856 2,075,638

Total
1,057,563
605,070
2,981,026
396,010
792,219
1,409,436
1,820,070
9,061,394
Total
1,213,940
693,963
3,418,649
453,720
908,435
1,618,774
2,087,463
10,394,944
Total
1,452,243
831,660
4,090,303
542,673
1,087,137
1,938,374
2,501,660
12,444,050

P a g e | 43

Table 3.10 Revenue from local people

Year 1
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 2
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total

Jan
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Jan
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Feb
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Feb
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Mar
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Mar
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Apr
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Apr
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

May
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
May
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Jun
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Jun
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Jul
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Jul
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Aug
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Aug
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Sep
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Sep
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Oct
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Oct
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Nov
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Nov
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Dec
16,958
9,709
47,759
6,349
12,698
22,659
29,206
145,338
Dec
17,033
9,752
47,970
6,377
12,753
22,758
29,334
145,977

Total
203,502
116,511
573,114
76,185
152,371
271,903
350,470
1,744,056
Total
204,397
117,024
575,635
76,521
153,041
273,099
352,012
1,751,729

P a g e | 44

Year 3
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 4
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total
Year 5
Shirt
Skirt
Dress
Hat
Shoes
Set A
Set B
Total

Jan
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Jan
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Jan
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Feb
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Feb
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Feb
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Mar
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Mar
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Mar
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Apr
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Apr
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Apr
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

May
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
May
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
May
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Jun
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Jun
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Jun
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Jul
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Jul
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Jul
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Aug
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Aug
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Aug
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Sep
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Sep
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Sep
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Oct
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Oct
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Oct
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Nov
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Nov
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Nov
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Dec
17,108
9,795
48,181
6,405
12,810
22,858
29,463
146,620
Dec
17,183
9,838
48,393
6,433
12,866
22,959
29,593
147,265
Dec
17,259
9,881
48,606
6,461
12,923
23,060
29,723
147,913

Total
205,296
117,539
578,168
76,857
153,715
274,301
353,561
1,759,437
Total
206,199
118,056
580,712
77,196
154,391
275,507
355,117
1,767,178
Total
207,107
118,576
583,267
77,535
155,070
276,720
356,679
1,774,954

P a g e | 45

3.8 Marketing expense


Marketing is process of promotion to advertising product or services for
customer know about product or service. According to Philip Kotler "Marketing is not
the art of finding clever ways to dispose of what you make. It is the art of creating
genuine customer value."
Internet
Hand Yah brand will have advertising in internet. Facebook will be main way to
advertising in internet because now a day Facebook have popular in Thailand everybody
can use this way to contact our company. Hand Yah brand will have Facebook page, so
customer can see catalog in Facebook and can order product from Facebook. Company
will sent product to customer by post, customer must pay domestic cost or order more
than specific amount our company will pay transportation cost for customer.
Hand Yah brand have official E-mail customer can contact this way too by send
e-mail to order product. Twitter customer can contact this way same Facebook.
Smart phone is the one way to popular in present smart phone has application
Line and Instagram. Line customer can ask information, price, and order product too.
Instagram customer can see product and price.
Publication printing
Brochure is easy way to promote our product to customer. Brochure have a
picture of product information about location shop, Facebook address, Twitter address,
official E-mail address, Line address by QR code, Instagram address, and price of
product, promotion in this present. Our company will distribution brochure in Central
plaza Chiang Mai, walking street Chiang Mai because this is place have more traveler
and teenager are main target.
Cost of publication printing

Size A4
4 color 2 page
Paper art 130 g.
5000 page 5000 bath

1 bath per unit

Year 1
Brochure
Total
Year 2
40

40

Jan
Feb
5000
5000
Jan
Feb

Mar
Mar

Apr
Apr

http://bangkokprint.com/?page_id=36

May
May

Jun
Jun

Jul
Jul

Aug
Aug

Sep
Sep

Oct
Oct

Nov
Nov

Dec
Dec

P a g e | 46

Brochure
Total
Year 3
Brochure
Total
Year 4
Brochure
Total
Year 5
Brochure
Total

5000
5000
Jan
5000
5000
Jan
5000
5000
Jan
5000
5000

Feb
Feb
Feb
-

Mar
Mar
Mar
-

Apr
Apr
Apr
-

May
May
May
-

Jun
Jun
Jun
-

Jul
Jul
Jul
-

Aug
Aug
Aug
-

Sep
Sep
Sep
-

Oct
Oct
Oct
-

Nov
Nov
Nov
-

*Company has expense in January only because we order to print at one time
with amount that company can spread enough in whole year. Order in large amount will
have lower price than order every month with less amount.

Dec
Dec
Dec
-

P a g e | 47

Chapter 4
Investment
Cost

P a g e | 48

Pre-operating Cost
4.1 Landscape
Nimmanhaemin road & Kadsuankaew Chiangmai

Nimmanhaemin road is one excellent market attention because Streets of Chiang Mai
City's hip and popular in shopping. Nimmanhaemin road have each with stylish
decorated ideas to fully including, street of many stores, street of entertainment venue
and Wide range the atmosphere in Chiang Mai.
Kadsuankaew Chiangmai have location is in peaceful are surrounded by Kadsuankaew
shopping complex with easy access to business area and important places in Chiang
Mai.
So, we make our products affordable and use the products from the native. The
lease term is Commercial Buildings, arched space and 24 squares wah on
Nimmanheaminda Road between Soi.7 and Soi.9 next to Mont-NomSod. That is for
shop in first floor, office and stock of product in second and third floor.
For another storefront at Kadsuankaew Chiangmai, because have many people
come to shopping, also location of Kadsuankawe is center of Chiang Mai. At third floor
room 317/2.

P a g e | 49

4.2 Certificate
Certificate cost of our company

1.
2.
3.
4.

Tax ID. Registration


Trademark registration
Commercial registration
Limited Partnership Registration

1,990
9,990
1,990
1,190

baht
baht
baht
baht

Total Certificate Cost

15,160 baht

41

4.3 Location
Hand Yah Shop at Kadsuankaew Chiangmai

Source : http://www.kadsuankaew.co.th/
Source:http://www.skyscrapercity.com/showthread.php?t=101602&page=1004

Our company location in KadSuanKaew shopping mall,ChiangMai This is


one of the largest shopping malls in northern of Thailand. Merge Lanna culture and
advanced technology perfectly. And enjoy a glimpse of Lanna culture. KadSuanKaew
shopping mall counterpart under the gospel in my heart and that "we do not compete
with the trade. But we want to compete for the best service for county residents and
visitors. " KadSuanKaew shopping mall with a variety of stores, restaurants, a theatre
and a cinema spread over several floors. Anchored by the Central department store, it

41

http://www.aplthailand.com/registration/

P a g e | 50

also houses the Tops supermarket in the basement, and shops selling records, books,
groceries, clothes, toys ,computer games and etc.

42 43

Our term plan to locate our shop at KadSuanKaew shopping mall,ChiangMai is


the largest shopping malls in ChiangMai and Northern Thailand.because KadSuanKaew
shopping mall is many retailer and have more than 500 shops .the target of the
KadSuanKaew shopping mall is tourist and foreigner.
:: Location Map of Hand Yah Shop

Source:http://guidetourthailand.com/wordpress/?p=64

Hand Yah main office and storage place at Nimmanhaemin Road


We are have main office and warehouse at Nimmanhaemin Road, in Chiang Mai
because is the most hip street in Chiang Mai. This is a lively and fun location, popular

42
43

http://www.openchiangmai.com/Kad_Suan_Kaew_Shopping_Center_2258.html

http://www.kadsuankaew.co.th//index.php?option=com_content&task=blogsection&id=4&Itemid=29

P a g e | 51

with locals and visitors alike. There are numerous condominiums, chic boutiques, icecream shops, restaurants and coffee bars. Nimmanhaemin Road This small, lively street
becomes an extraordinary attraction each year during the Nimmanhaemin Art & Design
Promenade. Nimmanhaemin will be transformed into a walking street market filled with
quality merchandise and local art.44 45

:: Location map of Hand Yah main office and warehouse

44

45

http://www.openchiangmai.com/nimmanhaemin.php

http://www.creativetourism.com/en/c_travels/detail_travels/Nimmanhaemin-hip-street-of-ChiangMai/134.html

P a g e | 52

4.4 Design Shop cost Hand Yah

Price stat at 30,000 B. per store. (The price includes installation).

46

So we hired and designed a shop both place at Nimmanhaemin and Kadsuankeaw.


Total cost with included installation for both place around 120,000 baht for
Kadsuankeaw and 220,000 baht for office at Nimmanhaemin.

Total Design Cost = 340,000 baht

46

http://www.misterbooth.com/contact.php

P a g e | 53

4.5 Layout and facility

Hand Yah Shop

P a g e | 54

Hand Yahs office and storage


First floor

Second floor

P a g e | 55

Third floor

P a g e | 56

Investment Cost
4.6 Equipments & Tools

Table 4.1: Total of equipment for shop at Kad Suan Kaew


No

Description

No.of
product

Price/unit

Total

Depreciation/year

Sofa(one-seat)

990

2,970

Model

2,000

4,000

Telephone

1,000

1,000

Chair

1,900

1,900

Cashier

10,900

10,900

Counter

4,990

4,990

7.

Hanger

3,500

14,000

8.

Mirror

1,870

5,610

9.

CCTV
AVTECH(4
Units)

19,900

19,900

10.

Stereo Set

1,590

1,590

Total

66,860

P a g e | 57

Table 4.2: Total of equipment for office and storage at Nimmanhaemin


No

Description

No.of
product

Price/unit

Total

Depreciation/year

Sofa

2,990

2,990

Model

2,000

4,000

Telephone

2,000

2,000

Chair

1,900

1,900

Cashier

10,900

10,900

Counter

4,990

4,990

7.

Hanger

3,500

14,000

Showcase

4,000

8,000

9.

CCTV
AVTECH(4
Units)

11,900

11,900

10.

Stereo Set

1,590

1,590

11.

Furniture for
meeting and
consumer

18,600

18,600

12.

Computer +
Monitor

11,000

44,000

13.

Printer

3,990

3,990

14.

Refrigerator

4,500

4,500

15.

Table

1,700

6,800

16.

Office chair

1,200

4,800

17.

Air
Condition

13,900

27,800

10

18.

Garbage Can

50

100

P a g e | 58

19.

Water Ladle

30

30

20.

Pail

50

50

21.

Clean Set for


toilet

250

250

Total

173,190

4.7 Vehicles
Company have a one car is Toyota Hilux Vigo standard cab STD 2.7J CNG

Multi-reflector halogen headlight


Bed liner
Laminated windshield glass
Natural gas engine
Benzene 91 or above fuel

Power steering type

47

Pay with cash, price = 622,000 baht with

Picture Source: http://www.toyota.co.th/product.php?model=vigo_std_and_extra_cab


47

http://www.toyota.co.th/hiluxvigochamp/

P a g e | 59

Kadsuankaew
Year 1
Starting Balance
Sofa(one-seat)
2,970
Model
4,000
Telephone
1,000
Chair
1,900
Cashier
10,900
Counter
4,990
Hanger
14,000
Mirror
5,610
CCTV AVTECH
19,900
Stero Set
1,590
Total
66,860

Jan
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Feb
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Mar
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Apr
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

May
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Jun
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Jul
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Aug
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Sep
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Oct
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Nov
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Dec
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Total Ending
594
800
333
380
3633
998
2800
1122
6633
530
17,823

Year 2
Sofa(one-seat)
Model
Telephone
Chair
Cashier
Counter
Hanger
Mirror
CCTV AVTECH
Stero Set
Total

Starting Balance
2,376
3,200
667
1,520
7,267
3,992
11,200
4,488
13,267
1,060
49,037

Jan
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Feb
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Mar
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Apr
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

May
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Jun
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Jul
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Aug
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Sep
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Oct
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Nov
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Dec
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Total Ending Balance


594
1,782
800
2,400
333
334
380
1,140
3633
3,634
998
2,994
2800
8,400
1122
3,366
6633
6,634
530
530
17,823
31,214

Year 3
Sofa(one-seat)
Model
Telephone
Chair
Cashier
Counter
Hanger
Mirror
CCTV AVTECH
Stero Set
Total

Starting Balance
1,782
2,400
334
1,140
3,634
2,994
8,400
3,366
6,634
530
31,214

Jan
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Feb
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Mar
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Apr
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

May
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Jun
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Jul
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Aug
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Sep
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Oct
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Nov
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Dec
49.5
66.66667
27.75
31.66667
302.75
83.16667
233.3333
93.5
552.75
44.16667
1,485

Total Ending Balance


594
1,188
800
1,600
333
0
380
760
3633
0
998
1,996
2800
5,600
1122
2,244
6633
0
530
0
17,823
13,388

Year 4
Sofa(one-seat)
Model
Chair
Counter
Hanger
Mirror
Total

Starting Balance
1,188
1,600
760
1,996
5,600
2,244
13,388

Jan
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Feb
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Mar
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Apr
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

May
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Jun
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Jul
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Aug
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Sep
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Oct
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Nov
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Dec
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Total Ending Balance


594
594
800
800
380
380
998
998
2800
2,800
1122
1,122
6,694
6,694

Year 5
Sofa(one-seat)
Model
Chair
Counter
Hanger
Mirror
Total

Starting Balance
594
800
380
998
2,800
1,122
6,694

Jan
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Feb
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Mar
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Apr
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

May
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Jun
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Jul
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Aug
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Sep
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Oct
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Nov
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Dec
49.5
66.66667
31.66667
83.16667
233.3333
93.5
558

Total Ending Balance


594
0
800
0
380
0
998
0
2800
0
1122
0
6,694
0

Balance
2,376
3,200
667
1,520
7,267
3,992
11,200
4,488
13,267
1,060
49,037

P a g e | 60

Nimmanhaemin
Year 1
Starting Balance
Sofa
2,990
Model
4,000
Telephone
2,000
Chair
1,900
Cashier
10,900
Counter
4,990
Hanger
14,000
Showcase
8,000
CCTV AVTECH
11,900
Stereo Set
1,590
Furniture Set
18,600
Computer + Monitor
44,000
Printer
3,990
Refrigerator
4,500
Table
6,800
Office Chair
4,800
Air Condition
27,800
Garbage Can
100
Water Padle
30
Pail
50
Clean Set for toilet
250
Total
173,190

Jan
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Feb
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Mar
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Apr
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

May
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Jun
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Jul
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Aug
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Sep
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Oct
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Nov
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Dec
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
8.333333
2.5
4.166667
20.83333
3,766

Total Ending
598
800
666
380
3633
998
2800
1600
3966
530
6200
14666
1330
1500
1360
960
2780
100
30
50
250
45,197

Balance
2,392
3,200
1,334
1,520
7,267
3,992
11,200
6,400
7,934
1,060
12,400
29,334
2,660
3,000
5,440
3,840
25,020
0
0
0
0
127,993

Year 2
Sofa
Model
Telephone
Chair
Cashier
Counter
Hanger
Showcase
CCTV AVTECH
Stereo Set
Furniture Set
Computer + Monitor
Printer
Refrigerator
Table
Office Chair
Air Condition
Total

Starting Balance
2,392
3,200
1,334
1,520
7,267
3,992
11,200
6,400
7,934
1,060
12,400
29,334
2,660
3,000
5,440
3,840
25,020
127,993

Jan
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Feb
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Mar
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Apr
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

May
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Jun
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Jul
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Aug
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Sep
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Oct
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Nov
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Dec
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Total Ending
598
800
666
380
3633
998
2800
1600
3966
530
6200
14666
1330
1500
1360
960
2780
44,767

Balance
1,794
2,400
668
1,140
3,634
2,994
8,400
4,800
3,968
530
6,200
14,668
1,330
1,500
4,080
2,880
22,240
83,226

Year 3
Sofa
Model
Telephone
Chair
Cashier
Counter
Hanger
Showcase
CCTV AVTECH
Stereo Set
Furniture Set
Computer + Monitor
Printer
Refrigerator
Table
Office Chair
Air Condition
Total

Starting Balance
1,794
2,400
668
1,140
3,634
2,994
8,400
4,800
3,968
530
6,200
14,668
1,330
1,500
4,080
2,880
22,240
83,226

Jan
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Feb
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Mar
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Apr
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

May
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Jun
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Jul
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Aug
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Sep
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Oct
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Nov
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Dec
49.83333
66.66667
55.5
31.66667
302.75
83.16667
233.3333
133.3333
330.5
44.16667
516.6667
1222.167
110.8333
125
113.3333
80
231.6667
3,731

Total Ending Balance


598
1,196
800
1,600
666
0
380
760
3633
0
998
1,996
2800
5,600
1600
3,200
3966
0
530
0
6200
0
14666
0
1330
0
1500
0
1360
2,720
960
1,920
2780
19,460
44,767
38,452

Year 4
Sofa
Model
Chair
Counter
Hanger
Showcase
Table
Office Chair
Air Condition
Total

Starting Balance
1,196
1,600
760
1,996
5,600
3,200
2,720
1,920
19,460
38,452

Jan
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Feb
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Mar
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Apr
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

May
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Jun
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Jul
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Aug
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Sep
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Oct
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Nov
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Dec
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Total Ending Balance


598
598
800
800
380
380
998
998
2800
2,800
1600
1,600
1360
1,360
960
960
2780
16,680
12,276
26,176

Year 5
Sofa
Model
Chair
Counter
Hanger
Showcase
Table
Office Chair
Air Condition
Total

Starting Balance
598
800
380
998
2,800
1,600
1,360
960
16,680
26,176

Jan
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Feb
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Mar
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Apr
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

May
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Jun
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Jul
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Aug
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Sep
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Oct
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Nov
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Dec
49.83333
66.66667
31.66667
83.16667
233.3333
133.3333
113.3333
80
232
1,023

Total Ending Balance


598
0
800
0
380
0
998
0
2800
0
1600
0
1360
0
960
0
2780
13,900
12,276
13,900

P a g e | 61

Vehicles
Year 1
Toyota Hilux Vigo

Starting Balance
622,200

Jan
10370

Feb
10370

Mar
10370

Apr
10370

May
10370

Jun
10370

Jul
10370

Aug
10370

Sep
10370

Oct
10370

Nov
10370

Dec
Total Ending Balance
10370 124,440
497,760

Year 2
Toyota Hilux Vigo

Starting Balance
497,760

Jan
10370

Feb
10370

Mar
10370

Apr
10370

May
10370

Jun
10370

Jul
10370

Aug
10370

Sep
10370

Oct
10370

Nov
10370

Dec
Total Ending Balance
10370 124,440
373,320

Year 3
Toyota Hilux Vigo

Starting Balance
373,320

Jan
10370

Feb
10370

Mar
10370

Apr
10370

May
10370

Jun
10370

Jul
10370

Aug
10370

Sep
10370

Oct
10370

Nov
10370

Dec
Total Ending Balance
10370 124,440
248,880

Year 4
Toyota Hilux Vigo

Starting Balance
248,880

Jan
10370

Feb
10370

Mar
10370

Apr
10370

May
10370

Jun
10370

Jul
10370

Aug
10370

Sep
10370

Oct
10370

Nov
10370

Dec
Total Ending Balance
10370 124,440
124,440

Year 5
Toyota Hilux Vigo

Starting Balance
124,440

Jan
10370

Feb
10370

Mar
10370

Apr
10370

May
10370

Jun
10370

Jul
10370

Aug
10370

Sep
10370

Oct
10370

Nov
10370

Dec
Total Ending Balance
10370 124,440
0

So our group needs money to invest around


Registration Expense
Design Shop Expense
Kadsuankeaw Equipment Cost
Nummanhaemin Equipment Cost
Vehicle

15,160 Baht
220,000 Baht
66,860 Baht
173,190 Baht
622,000 Baht

(1.38%)
(20.05%)
(6.09%)
(15.78%)
(56.69%)

Total

1,097,210 Baht

(100%)

Table 4.3 Total Invest Cost

P a g e | 62

Chapter 5
Production and
Operation
Analysis

P a g e | 63

5.1 Operating Costs


Hand Yah Company has both retail and wholesale store. Our retail shop locates
in Chiang Mai and wholesale at main office. Our products basically from our design and
customers cannot change the design. Also customer can contact and buy from internet
without minimum required but customer need to pay transportation cost by themselves,
company will delivered by two ways
-EMS delivery with 1-3 post office working days
- Normal Registered with 3-7 post office working days.
Hand Yah Company has segmented the product to the market by size, age,
design, and color. Our products are as followed;
Figure 5.1 Shirt

Figure 5.2 Skirt

P a g e | 64

Figure 5.3 Dress

Figure 5.4 Hat

Figure 5.5 Shoes

P a g e | 65

Figure 6.6 Set A (Shirt, Skirt, Hat, and Shoes)

Figure 6.7 Set B (Dress, Hat, and Shoes)

Picture Source: http://www.facebook.com/PeripohonBoutique

P a g e | 66

Finished Goods
No

Code

Cost

S001

100

S002

100

Shirt Catalog
Retailer Price
Color
White,
Brown,
Yellow,
299
Pink,
Blue,
Orange,
Purple

299

S003

100

299

White,
Brown,
Yellow,
Pink,
Blue,
Orange

S004

100

299

299

White,
Orange,
Blue,
Pink

S005

100

Picture

P a g e | 67

S006

100

299

White,
Orange,
Blue,
Pink

S007

100

299

S008

100

299

White,
Orange,
Blue,
Pink

S009

100

299

White,
Yellow

P a g e | 68

Skirt Catalog
Retailer
Color
Price

No

Code

Cost

SK001

90

249

SK002

90

249

SK003

90

249

SK004

90

249

249

White,
Brown,
Yellow,
Pink,
Blue,
Orange,
Purple

SK005

90

Picture

P a g e | 69

Dress Catalog
Retailer
Color
Price

No

Code

Cost

DR001

220

499

DR002

220

499

DR003

220

499

Picture

P a g e | 70

DR004

220

499

DR005

220

499

DR006

220

499

499

White,
Blue,
Pink,
Yellow,
Orange

DR007

220

P a g e | 71

DR008

220

499

White,
Blue,
Pink,
Yellow,
Orange

DR009

220

499

10

DR010

220

499

P a g e | 72

Hat Catlog
No

Code

Cost

Retailer
Price

HA001

50

199

HA002

50

199

HA003

50

199

HA004

50

199

Color

Picture

P a g e | 73

Shoes Catalog
Retailer
Color
Price

No

Code

Cost

SS001

70

199

SS002

70

199

SS003

70

199

SS004

70

199

SS005

70

199

Picture

P a g e | 74

SS006

70

199

SS007

70

199

SS008

70

199

SS009

70

199

P a g e | 75

Set A catalog
Reta
No Code Cost iler
Price

A001

310

799

A002

310

799

A003

310

799

Picture

P a g e | 76

Set B catalog
No

Code

Cost

Retailer
Price

B001

340

749

B002

340

749

B003

340

749

Picture

Picture Source: http://www.facebook.com/PeripohonBoutique

P a g e | 77

5.2 Rental Cost


Our company rent commercial building on Nimmanhaemin Street between Soi 7
and Soi 9 The building has 3 floors with space 255 square meters. Use first floor as
retailer shop and office to contact about wholesaler, second and third floor use as
storage place. We have create long-term contact agreement with 9 years that rent cost
for first 3 years is 50,000 baht/month next 3 years is 60,000 baht/month and last 3 years
is 72,000 baht/month.
Rent fees

= 50,000*12 = 600,000 baht/year in first three years


= 60,000*12 = 720,000 baht/year in year four and five

Another shop at Kadsuankeaw as retailer at floor 3th room 317/2 have space
about 40 square meters and rent fee cost is about 30,000/month but need to pay in
advanced in first six months.
Rent fess

= 180,000 for first six months and 30,000 baht/month in rest of year
= 30,000*12 = 360,000 baht/year

5.3 Stationary Expense


We estimate that purchase all of these stationary per year.
Nimmanhaemin Shop and Office
- Pens

190 baht / Dozen

- Pencils

399 baht / Dozen

- Pencil leads

107 baht / Dozen

- Erasers

96 baht / 8baht per each

- Bill

290 baht / 10 books

- Paper

500 baht / 1 box

- Paperclip

60 baht / 6 baht per each

- Stapler

240 baht / 41 baht per each

- Staples

96 baht /8 baht per each

- Scissors

260 baht / 65 baht per each

- Cutter

138 baht / 23 baht per each

P a g e | 78

- Adhesive tape 660 /Dozen


Total 3,036 baht/year
Kadsuankeaw Shop
- Pens

190 baht / Dozen

- Pencils

399 baht / Dozen

- Pencil leads

107 baht / Dozen

- Erasers

96 baht / 8 baht per each

- Bill

290 baht / 10 books

- Stapler

240 baht / 41 baht per each

- Staples

96 baht /8 baht per each

Total 1,418 baht/year


Total Stationary Expense = 3,036+1,148 = 4,184 baht/Year
5.4 Oil Expense
Toyota Hilux Vigo Champ CNG
Consume 12 km. per liters,
Price NGV is 10.5/km,
Expense per km. around 0.88 baht
Bangkok Chiang Mai

696 km.

Cost for Bangkok Chiang Mai (Go Back)

2 times/month
= 1,225*2
= 2,450 baht/month

In Chiang Mai (Office Kadsuankeaw)


Total Oil Expense per month

= 1,000 baht/month
= 3,450 baht/month

P a g e | 79

Y ear 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Rent Fees (Nimmanhaemin Street)
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000 600,000
Rent Fees (Kadsuankeaw)
180,000
30,000
30,000
30,000
30,000
30,000
30,000 360,000
Stationary Expense
4,184
4,184
Gasoline Expense
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
41,400
Total
237,634
53,450
53,450
53,450
53,450
53,450
83,450
83,450
83,450
83,450
83,450
83,450 1,005,584
Y ear 2
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Rent Fees (Nimmanhaemin Street)
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000 600,000
Rent Fees (Kadsuankeaw)
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000 360,000
Stationary Expense
4,184
4,184
Gasoline Expense
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
41,400
Total
87,634
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450 1,005,584
Y ear 3
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Rent Fees (Nimmanhaemin Street)
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000 600,000
Rent Fees (Kadsuankeaw)
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000 360,000
Stationary Expense
4,184
4,184
Gasoline Expense
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
41,400
Total
87,634
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450
83,450 1,005,584
Y ear 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Rent Fees (Nimmanhaemin Street)
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000 720,000
Rent Fees (Kadsuankeaw)
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000 360,000
Stationary Expense
4,184
4,184
Gasoline Expense
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
41,400
Total
97,634
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450 1,125,584
Y ear 5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Rent Fees (Nimmanhaemin Street)
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000 720,000
Rent Fees (Kadsuankeaw)
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000 360,000
Stationary Expense
4,184
4,184
Gasoline Expense
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
3,450
41,400
Total
97,634
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450
93,450 1,125,584

P a g e | 80

Chapter 6
Administration
Analysis

P a g e | 81

Organization (Administration analysis)

6.1 Employees in company


Hand-Yah Company has nine employees, six positions. The characteristic of
each position are

1. CEO => Have a power to decision all of company, strategy and mission
Male/female
30 years old +
Master degree +

2. Accounting Department => Make all accounting and financial in


company
- Male/female
- Bachelor degree of accounting +

3. Marketing Department => Plan marketing strategy, public relation


Male/female
Bachelor degree of Business Administration +
Or related work field
4. General management Department => Oversee all of company under

CEO
- Male/female
- Bachelor degree of Business Administration +
Or related work field

P a g e | 82

5. Sales Man => Sell product at shop and manage shop


Female
No more than 30 years old
Good relationship

6. Labor => Distribution goods, delivery goods, drive car


Male
Can drive a car with driver license
Healthy

6.2 Employees Salary


CEO (1*25000)

25,000 Baht/Month

Accounting Department (1*15000)

15,000 Baht/Month

Marketing Department (1*15000)

15,000 Baht/Month

General management Department (1*15000)

15,000 Baht/Month

Sale man (3*8000)

24,000 Baht/Month

Labor (2*7500)

15,000 Baht/Month

Total salary

109,000 Baht/Month

6.3 Social insurance-Health insurance


From the law of Thailand, both of employees and boss must pay social insurance
of employees, each of party need to pay 4% of net salary. By minimum salary must be
1,650 baht and maximum to bring in calculate not over than 15,000 baht (More than that
calculate only 15,000 baht), so calculate the expense for boss and net salary after reduce
social insurance fee;

48
49

48 49

http://www.lib.ru.ac.th/forum/index.php?topic=31.0
http://www.sso.go.th/wpr/content.jsp?lang=th&cat=98&id=2142

P a g e | 83

Accounting Department (15,000*0.04)

600 Baht/Month

Marketing Department (15,000*0.04)

600 Baht/Month

General management Department (15,000*0.04)

600 Baht/Month

Sale man (3*8000*0.04)

960 Baht/Month

Labor (2*7500*0.04)

600 Baht/Month

Total salary

3,360 Baht/Month

6.4 Employee motivation


Hand-Yah Company has provided Bonus for all employees in last month of
year. To motivated them keep working hard and still with the company. Employee must
work at least 8 months to receive the bonus. Bonus has pay one month of your salary
CEO (1*25000)

25,000 Baht/Month

Accounting Department (1*15000)

15,000 Baht/Month

Marketing Department (1*15000)

15,000 Baht/Month

General management Department (1*15000)

15,000 Baht/Month

Sale man (3*8000)

24,000 Baht/Month

Labor (2*7500)

15,000 Baht/Month

Total Bonus in month year

109,000 Baht/Month

6.5 Electricity expense


Office and store
Estimate electricity 850 unit x 2.9780 = 2531.3 bath
Add. Service expense = 40.90 bath
Add. Tax 7% = (2531.3 + 40.90) x 7% = 180.054 bate
Total electricity expense per month = 2752.25 bath

P a g e | 84

Shop
Estimate electricity 580 unit x 2.9780 = 1727.24 bath
Add. Service expense = 40.90 bath
Add. Tax 7% = (1727.24 + 40.90) x 7% = 123.80
Total electricity expense per month = 1891.94 bath
Total electricity expense / month = 4644.19 bath

50

Figure 6.1 Price of electricity in small enterprise.

Picture Source: http://www.eppo.go.th/power/pw-Rate-PEA.html#2


6.6 Water expense
Office and store
Forecast use 30 unit/month x 10 = 300 bath
Total water expense 300 bath per month
Shop
Forecast use 12 unit/month x 10 = 120 baht
Total water expense 120 baht per month
Total water expense 420 baht/month

50

51

http://www.eppo.go.th/power/pw-Rate-PEA.html#2

P a g e | 85

6.7 Internet and telephone expense


Internet 3bb (10M/512k) + Vat 7% 631 baht/month
Maintenance Cost + Vat 7%

214 baht/month

Telephone Expense

550 baht/month

Total 1,395 bath per month

52

Figure 6.2 Price of internet packaging per month

Picture Source:
http://www.3bb.co.th/promotion/promotion_detail.php?lang=&id=2016

6.8 Car Insurance


-We purchase insurance to protect a car from accident that can occur.
-Protect from loss of car or fire accident
-Cost is 15,260 baht per year already including tax

53

51

http://www.pwa.co.th/service/tariff_rate.html

52

http://www.3bb.co.th/promotion/promotion_detail.php?lang=&id=2016

53

http://www.todayinsure.com/index.php?ui=sales&pid=12035

P a g e | 86

Table 6.1 Total Administrative Expense


Year 1
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 1,267,680
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
40,320
- 109,000 109,000
4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19
55,730
420
420
420
420
420
420
420
420
420
420
420
420
5,040
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
16,740
115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 224,459 1,494,510

Year 2
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 1,267,680
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
40,320
- 109,000 109,000
4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19
55,730
420
420
420
420
420
420
420
420
420
420
420
420
5,040
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
16,740
115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 224,459 1,494,510

Year 3
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 1,267,680
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
40,320
- 109,000 109,000
4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19
55,730
420
420
420
420
420
420
420
420
420
420
420
420
5,040
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
16,740
115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 224,459 1,494,510

Year 4
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total
Year 5
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total

Jan
105,640
3,360
4,644.19
420
1,395
115,459
Jan
105,640
3,360
4,644.19
420
1,395
115,459

Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 1,267,680
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
40,320
- 109,000 109,000
4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19
55,730
420
420
420
420
420
420
420
420
420
420
420
5,040
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
16,740
115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 224,459 1,494,510
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 105,640 1,267,680
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
3,360
40,320
- 109,000 109,000
4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19 4,644.19
55,730
420
420
420
420
420
420
420
420
420
420
420
5,040
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
1,395
16,740
115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 115,459 224,459 1,494,510

P a g e | 87

Year 1
Car Insurance
Total

Value
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
15,260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667
15,260
1,272
1,272
1,272
1,272
1,272
1,272
1,272
1,272
1,272
1,272
1,272
1,272

Total Ending Balance


15,260
0
15,260
0

Year 2
Car Insurance
Total

Value
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667

Total Ending Balance


15260
0
15260
0

Year 3
Car Insurance
Total

Value
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667

Total Ending Balance


15260
0
15260
0

Year 4
Car Insurance
Total

Value
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667

Total Ending Balance


15260
0
15260
0

Year 5
Car Insurance
Total

Value
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667
15260 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667 1271.667

Total Ending Balance


15260
0
15260
0

P a g e | 88

Chapter 7
Financial
Analysis

P a g e | 89

7.1 Income Statement


Year 1
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,272,489 1,022,000 771,012 895,707 457,976 457,976 457,976 457,976 457,976 582,671 1,022,000 1,397,683 9,253,442
(510,868) (410,318) (309,548) (359,588) (183,888) (183,888) (183,888) (183,888) (183,888) (233,928) (410,318) (561,118) (3,715,125)
761,621 611,682 461,464 536,119 274,088 274,088 274,088 274,088 274,088 348,743 611,682
836,565 5,538,317

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)
(50,000)
(180,000)
(4,184)
(3,450)
(237,634)

(5,000)
(50,000)
(3,450)
(53,450)

(50,000)
(3,450)
(53,450)

(50,000)
(3,450)
(53,450)

(50,000)
(3,450)
(53,450)

(50,000)
(3,450)
(53,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000) (600,000)
(30,000) (360,000)
(4,184)
(3,450)
(41,400)
(83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (1,267,680)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(40,320)
- (109,000) (109,000)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(55,730)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(5,040)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(16,740)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (224,459) (1,494,510)
(15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893)
(374,987) (185,803) (185,803) (185,803) (185,803) (185,803) (215,803) (215,803) (215,803) (215,803) (215,803)
386,635 425,880 275,662 350,317
88,286
88,286
58,286
58,286
58,286 132,941 395,880
386,635 425,880 275,662 350,317
88,286
88,286
58,286
58,286
58,286 132,941 395,880
289,976 319,410 206,746 262,737
66,214
66,214
43,714
43,714
43,714
99,705 296,910
96,659 106,470
68,915
87,579
22,071
22,071
14,571
14,571
14,571
33,235
98,970

Year 2
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

1,383,857 1,108,629
555,575 445,065
828,283 663,565

Mar
833,001
334,415
498,587

Apr
970,965
389,815
581,151

May
489,140
196,375
292,766

Jun
489,140
196,375
292,766

Jul
489,140
196,375
292,766

Aug
489,140
196,375
292,766

Sep
489,140
196,375
292,766

Oct

Nov

(15,622) (187,460)
(1,272)
(15,260)
(16,893) (202,720)
(324,803) (2,707,814)
511,763 2,830,503
(684,151)
684,151
(172,388) 2,146,352
(172,388) 1,566,667
535,971
Dec

627,104 1,108,629 1,521,322


251,775 445,065
610,755
375,330 663,565
910,568

Total
9,999,212
4,014,335
5,984,877

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expenese
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)

(5,000)

(50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (600,000)
(30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (360,000)
(4,184) (4,184)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(41,400)
(87,634) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858)
(224,951) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767)
603,332 447,798 282,820 365,384
76,999
76,999
76,999
76,999
76,999 159,563 447,798
603,332 447,798 282,820 365,384
76,999
76,999
76,999
76,999
76,999 159,563 447,798
452,499 335,849 212,115 274,038
57,749
57,749
57,749
57,749
57,749 119,672 335,849
150,833 111,950
70,705
91,346
19,250
19,250
19,250
19,250
19,250
39,891 111,950

(15,586) (187,030)
(1,272)
(15,260)
(16,858) (202,290)
(324,767) (2,707,384)
585,801 3,277,493
(818,248) (818,248)
(232,447) 2,459,245
(232,447) 1,786,322
672,923

P a g e | 90

Year 3
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,506,603 1,204,440 901,478 1,053,109 523,500 523,500 523,500 523,500 523,500 675,131 1,204,440 1,658,133 10,820,831
(604,872) (483,562) (361,892) (422,772) (210,172) (210,172) (210,172) (210,172) (210,172) (271,052) (483,562) (665,662) (4,344,240)
901,730
720,877 539,585
630,336 313,327 313,327 313,327 313,327 313,327 404,078
720,877
992,470 6,476,591

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

Year 4
Revenue:

(5,000)
(50,000)
(30,000)
(4,184)
(3,450)
(87,634)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640) (105,640)
(3,360)
(3,360)
(4,644)
(4,644)
(420)
(420)
(1,395)
(1,395)
(115,459) (115,459)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)


(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (105,640) (1,267,680)


(3,360)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(4,644)
(55,730)
(420)
(420)
(5,040)
(1,395)
(1,395)
(16,740)
(115,459) (224,459) (1,494,510)

(15,586)
(1,272)
(16,858)
(224,951)
676,780

(15,586) (15,586)
(1,272)
(1,272)
(16,858) (16,858)
(215,767) (215,767)
505,111 323,819

(15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586)


(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858)
(215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767)
414,570
97,561
97,561
97,561
97,561
97,561 188,312

(15,586) (15,586) (187,030)


(1,272)
(1,272)
(15,260)
(16,858) (16,858) (202,290)
(215,767) (324,767) (2,707,384)
505,111
667,704 3,769,207
(965,762) (965,762)
505,111 (298,059) 2,803,445
378,833 (298,059) 2,028,069
126,278
775,376

676,780
507,585
169,195

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

(50,000)
(30,000)
(3,450)
(83,450)

(5,000)
(0)
(600,000)
(360,000)
(4,184)
(41,400)
(1,005,584)

505,111
378,833
126,278

Feb

323,819
242,864
80,955

Mar

414,570
310,927
103,642

Apr

97,561
73,170
24,390

May

97,561
73,170
24,390

Jun

97,561
73,170
24,390

Jul

97,561
73,170
24,390

97,561
73,170
24,390

188,312
141,234
47,078

Aug

Sep

Oct

Nov

Dec

Total

1,707,759 1,360,905 1,013,253 1,187,428 579,610 579,610 579,610 579,610 579,610 753,087 1,360,905 1,880,737 12,162,122
(685,641) (546,351) (406,791) (476,711) (232,691) (232,691) (232,691) (232,691) (232,691) (302,331) (546,351) (755,061) (4,882,697)
1,022,117
814,553 606,461
710,716 346,918 346,918 346,918 346,918 346,918 450,755
814,553 1,125,675 7,279,425

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)
(60,000)
(30,000)
(4,184)
(3,450)
(97,634)

(5,000)
(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(105,640)
(3,360)
(0)
(4,644)
(420)
(1,395)
(115,459)

(105,640) (105,640)
(3,360)
(3,360)
(4,644)
(4,644)
(420)
(420)
(1,395)
(1,395)
(115,459) (115,459)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)


(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(11,951)
(1,272)
(13,223)
(231,316)
790,802

(11,951) (11,951)
(1,272)
(1,272)
(13,223) (13,223)
(222,132) (222,132)
592,422 384,330

(11,951) (11,951) (11,951) (11,951) (11,951) (11,951) (11,951)


(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(13,223) (13,223) (13,223) (13,223) (13,223) (13,223) (13,223)
(222,132) (222,132) (222,132) (222,132) (222,132) (222,132) (222,132)
488,585 124,787 124,787 124,787 124,787 124,787 228,624

790,802
593,101
197,700

592,422
444,316
148,105

384,330
288,247
96,082

488,585
366,439
122,146

124,787
93,590
31,197

124,787
93,590
31,197

124,787
93,590
31,197

124,787
93,590
31,197

124,787
93,590
31,197

228,624
171,468
57,156

(60,000)
(30,000)
(3,450)
(93,450)

(60,000) (720,000)
(30,000) (360,000)
(4,184)
(3,450)
(41,400)
(93,450) (1,125,584)

(105,640) (105,640) (1,267,680)


(3,360)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(4,644)
(55,730)
(420)
(420)
(5,040)
(1,395)
(1,395)
(16,740)
(115,459) (224,459) (1,494,510)
(0)
(11,951) (11,951) (143,410)
(1,272)
(1,272)
(15,260)
(13,223) (13,223) (158,670)
(222,132) (331,132) (2,783,764)
592,422
794,544 4,495,660
(1,183,698) (1,183,698)
592,422 (389,154) 3,311,962
444,316 (389,154) 2,386,683
148,105
925,279

P a g e | 91

Year 5 Year 5
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit
Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

2,015,258 1,600,769 1,184,385 1,393,076 665,551 665,551 665,551 665,551 665,551 873,443 1,600,769 2,223,551 14,219,004
(809,052) (642,662) (475,502) (559,272) (267,222) (267,222) (267,222) (267,222) (267,222) (350,682) (642,662) (892,702) (5,708,639)
1,206,206
958,107 708,883
833,804 398,329 398,329 398,329 398,329 398,329 522,761
958,107 1,330,849 8,510,365

(5,000)

(5,000)

(60,000) (60,000) (60,000) (60,000) (60,000) (60,000) (60,000) (60,000) (60,000) (60,000) (60,000) (60,000) (720,000)
(30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (360,000)
(4,184) (4,184)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(41,400)
(97,634) (93,450) (93,450) (93,450) (93,450) (93,450) (93,450) (93,450) (93,450) (93,450) (93,450) (93,450) (1,125,584)
(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (1,267,680)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(40,320)
(0) (109,000) (109,000)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(55,730)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(5,040)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(16,740)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (224,459) (1,494,510)
(11,951)
(1,272)
(13,223)
(231,316)
974,891
974,891
731,168
243,723

(11,951) (11,951)
(1,272)
(1,272)
(13,223) (13,223)
(222,132) (222,132)
735,976 486,752
735,976
551,982
183,994

(11,951) (11,951) (11,951) (11,951) (11,951) (11,951) (11,951)


(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(13,223) (13,223) (13,223) (13,223) (13,223) (13,223) (13,223)
(222,132) (222,132) (222,132) (222,132) (222,132) (222,132) (222,132)
611,673 176,198 176,198 176,198 176,198 176,198 300,630

486,752
365,064
121,688

611,673
458,754
152,918

176,198
132,148
44,049

176,198
132,148
44,049

176,198
132,148
44,049

176,198
132,148
44,049

176,198
132,148
44,049

(11,951) (11,951) (143,410)


(1,272)
(1,272)
(15,260)
(13,223) (13,223) (158,670)
(222,132) (331,132) (2,783,764)
735,976
999,718 5,726,600
(1,552,980) (1,552,980)
735,976 (553,263) 4,173,620
551,982 (553,263) 2,991,900
183,994
1,181,721

300,630
225,472
75,157

7.2 Cash Flow Statement


Year 1
Jan
Feb
Mar
Net Income
386,635
425,880
Cash Flow from Operating Activities
Adjusted Depriciation
16,893
16,893
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
1,633
16,893
Cash Flow from Investing Activities
Invest expenese
(240,050)
Vehicles
(622,000)
Total Cash Flow from Investing Activities
(862,050)
Cash Flow from Financing Activities
Received money from investor
5,000,000
Dividend Expense
(96,659)
(106,470)
Total Cash Flow from Financing Activities
4,903,341
(106,470)
Cash flow at end of period
4,429,559
336,303
Cash balance at start of period
Cash balance at end of period

4,429,559

Year 2
Jan
Feb
Net Income
603,332
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Div idend Expense
(150,833)
Total Cash Flow from Financing Activities
(150,833)
Cash flow at end of period
454,097
Cash balance at start of period
Cash balance at end of period

5,892,077
6,346,174

4,429,559
4,765,862

Apr
275,662
16,893

Jul

58,286

16,893

16,893

Oct

58,286

16,893

16,893

Sep

58,286

16,893

16,893

Aug

88,286

16,893

16,893

16,893

16,893

Nov
132,941
16,893

16,893

Dec
395,880
16,893

16,893

(172,388)
16,893

16,893

16,893

16,893

(68,915)
(68,915)
223,640

(87,579)
(87,579)
279,631

(22,071)
(22,071)
83,108

(22,071)
(22,071)
83,108

(14,571)
(14,571)
60,608

(14,571)
(14,571)
60,608

(14,571)
(14,571)
60,608

(33,235)
(33,235)
116,599

(98,970)
(98,970)
313,803

0
0
(155,495)

4,765,862
4,989,502

4,989,502
5,269,133

5,269,133
5,352,240

5,352,240
5,435,348

5,435,348
5,495,955

5,495,955
5,556,563

5,556,563
5,617,170

5,617,170
5,733,769

5,733,769
6,047,572

6,047,572
5,892,077

Apr
282,820

16,858

May

76,999

16,858
-

16,858

Oct

76,999

16,858
-

16,858

Sep

76,999

16,858
-

16,858

Aug

76,999

16,858
-

16,858

Jul

76,999

16,858
-

16,858

Jun

365,384

16,858
-

Jun
88,286

16,893

Mar
447,798

May
350,317

16,858
-

16,858

Nov
159,563
16,858

16,858

Dec
447,798
16,858

16,858

(232,447)
(16,858)
-

16,858

16,858
-

(16,858)

(111,950)
(111,950)
352,706

(70,705)
(70,705)
228,973

(91,346)
(91,346)
290,896

(19,250)
(19,250)
74,607

(19,250)
(19,250)
74,607

(19,250)
(19,250)
74,607

(19,250)
(19,250)
74,607

(19,250)
(19,250)
74,607

(39,891)
(39,891)
136,530

(111,950)
(111,950)
352,706

0
0
(215,589)

6,346,174
6,698,880

6,698,880
6,927,852

6,927,852
7,218,748

7,218,748
7,293,355

7,293,355
7,367,962

7,367,962
7,442,568

7,442,568
7,517,175

7,517,175
7,591,782

7,591,782
7,728,312

7,728,312
8,081,018

8,081,018
7,865,429

P a g e | 92

Year 3
Jan
Feb
Net Income
676,780
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(169,195)
Total Cash Flow from Financing Activities
(169,195)
Cash flow at end of period
509,182
Cash balance at start of period
Cash balance at end of period

7,865,429
8,374,611

Year 4
Jan
Feb
Net Income
790,802
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
(2,038)
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(197,700)
Total Cash Flow from Financing Activities
(197,700)
Cash flow at end of period
591,064
Cash balance at start of period
Cash balance at end of period

10,080,528
10,671,592

Mar
505,111

Apr
323,819

16,858

May

16,858
-

12,610,621
13,339,752

Nov
188,312

16,858
-

16,858

16,858

Dec
505,111

16,858
-

16,858

(16,858)
-

16,858

(298,059)

16,858
-

16,858

(16,858)

(126,278)
(126,278)
395,690

(80,955)
(80,955)
259,721

(103,642)
(103,642)
327,785

(24,390)
(24,390)
90,028

(24,390)
(24,390)
90,028

(24,390)
(24,390)
90,028

(24,390)
(24,390)
90,028

(24,390)
(24,390)
90,028

(47,078)
(47,078)
158,091

(126,278)
(126,278)
395,690

0
0
(281,201)

8,374,611
8,770,302

8,770,302
9,030,023

9,030,023
9,357,808

9,357,808
9,447,836

9,447,836
9,537,864

9,537,864
9,627,892

9,627,892
9,717,920

9,717,920
9,807,948

9,807,948
9,966,039

9,966,039
10,361,729

10,361,729
10,080,528

Mar
592,422

Apr
384,330

13,223

13,223
-

Aug
124,787

13,223
-

13,223
-

Jul
124,787

13,223
-

13,223
-

Jun
124,787

13,223
-

13,223
-

May
488,585

13,223

Sep
124,787

13,223
-

Oct
124,787

13,223
-

13,223

13,223
-

13,223

Nov
228,624

13,223

13,223
-

13,223

13,223
-

13,223

Dec
592,422 389,154

13,223
-

13,223
-

13,223
-

(148,105)
(148,105)
457,539

(96,082)
(96,082)
301,470

(122,146)
(122,146)
379,661

(31,197)
(31,197)
106,813

(31,197)
(31,197)
106,813

(31,197)
(31,197)
106,813

(31,197)
(31,197)
106,813

(31,197)
(31,197)
106,813

(57,156)
(57,156)
184,690

(148,105)
(148,105)
457,539

0
0
(375,932)

10,671,592
11,129,131

11,129,131
11,430,600

11,430,600
11,810,261

11,810,261
11,917,074

11,917,074
12,023,887

12,023,887
12,130,699

12,130,699
12,237,512

12,237,512
12,344,324

12,344,324
12,529,014

12,529,014
12,986,553

12,986,553
12,610,621

Year 5
Jan
Feb
Mar
Apr
May
Jun
Jul
Net Income
974,891
735,976
486,752
611,673
176,198
176,198
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
13,223
13,223
13,223
13,223
13,223
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
(2,038)
13,223
13,223
13,223
13,223
13,223
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(243,723)
(183,994)
(121,688)
(152,918)
(44,049)
(44,049)
Total Cash Flow from Financing Activities
(243,723)
(183,994)
(121,688)
(152,918)
(44,049)
(44,049)
Cash flow at end of period
729,130
565,204
378,286
471,977
145,371
145,371
Cash balance at start of period
Cash balance at end of period

97,561

16,858
-

16,858

Oct

97,561

16,858
-

16,858

Sep

97,561

16,858
-

16,858

Aug

97,561

16,858
-

16,858

Jul

97,561

16,858
-

16,858

Jun

414,570

13,339,752
13,904,956

13,904,956
14,283,242

14,283,242
14,755,219

14,755,219
14,900,589

14,900,589
15,045,960

Aug
176,198

Sep
176,198

13,223
-

Oct
176,198

13,223
-

13,223

Nov
300,630

13,223
-

13,223

Dec
735,976 553,263

13,223
-

13,223

13,223
-

13,223

13,223
-

13,223
-

13,223

(44,049)
(44,049)
145,371

(44,049)
(44,049)
145,371

(44,049)
(44,049)
145,371

(75,157)
(75,157)
238,695

(183,994)
(183,994)
565,204

0
0
(540,040)

15,045,960
15,191,331

15,191,331
15,336,701

15,336,701
15,482,072

15,482,072
15,720,767

15,720,767
16,285,971

16,285,971
15,745,931

P a g e | 93

7.3 Balance Sheet


Year 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
4,429,559
4,765,862
4,989,502
5,269,133
5,352,240
5,435,348
5,495,955
5,556,563
5,617,170
5,733,769
6,047,572
5,892,077
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
(1,272)
(2,543)
(3,815)
(5,087)
(6,358)
(7,630)
(8,902)
(10,173)
(11,445)
(12,717)
(13,988)
(15,260)
Total Current Assests
4,443,548
4,778,579
5,000,947
5,279,306
5,361,142
5,442,978
5,502,313
5,561,649
5,620,985
5,736,312
6,048,844
5,892,077
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
(10,370)
240,050
(5,252)
846,428

622,000
(20,740)
240,050
(10,503)
830,807

622,000
(31,110)
240,050
(15,755)
815,185

622,000
(41,480)
240,050
(21,007)
799,563

622,000
(51,850)
240,050
(26,258)
783,942

622,000
(62,220)
240,050
(31,510)
768,320

622,000
(72,590)
240,050
(36,762)
752,698

622,000
(82,960)
240,050
(42,013)
737,077

622,000
(93,330)
240,050
(47,265)
721,455

622,000
(103,700)
240,050
(52,517)
705,833

622,000
(114,070)
240,050
(57,768)
690,212

622,000
(124,440)
240,050
(63,020)
674,590

5,289,976

5,609,386

5,816,132

6,078,869

6,145,083

6,211,298

6,255,012

6,298,726

6,342,440

6,442,146

6,739,055

6,566,667

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
289,976

5,000,000
609,386

5,000,000
816,132

5,000,000
1,078,869

5,000,000
1,145,083

5,000,000
1,211,298

5,000,000
1,255,012

5,000,000
1,298,726

5,000,000
1,342,440

5,000,000
1,442,146

5,000,000
1,739,055

5,000,000
1,566,667

Total Liabilities and Owner's equity

5,289,976

5,609,386

5,816,132

6,078,869

6,145,083

6,211,298

6,255,012

6,298,726

6,342,440

6,442,146

6,739,055

6,566,667

Total Assests
Liabilities:
Current Liabilities

Year 2
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
6,346,174
6,698,880
6,927,852
7,218,748
7,293,355
7,367,962
7,442,568
7,517,175
7,591,782
7,728,312
8,081,018
7,865,429
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
6,360,162
6,711,596
6,939,297
7,228,921
7,302,256
7,375,592
7,448,927
7,522,262
7,595,597
7,730,855
8,082,290
7,865,429
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
134,810
177,030
5,216
659,004

622,000
145,180
177,030
10,432
643,418

622,000
155,550
177,030
15,648
627,833

622,000
165,920
177,030
20,863
612,247

622,000
176,290
177,030
26,079
596,661

622,000
186,660
177,030
31,295
581,075

622,000
197,030
177,030
36,511
565,489

622,000
207,400
177,030
41,727
549,903

622,000
217,770
177,030
46,943
534,318

622,000
228,140
177,030
52,158
518,732

622,000
238,510
177,030
57,374
503,146

622,000
248,880
177,030
62,590
487,560

7,019,166

7,355,015

7,567,130

7,841,168

7,898,917

7,956,667

8,014,416

8,072,165

8,129,915

8,249,587

8,585,436

8,352,989

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
2,019,166

5,000,000
2,355,015

5,000,000
2,567,130

5,000,000
2,841,168

5,000,000
2,898,917

5,000,000
2,956,667

5,000,000
3,014,416

5,000,000
3,072,165

5,000,000
3,129,915

5,000,000
3,249,587

5,000,000
3,585,436

5,000,000
3,352,989

Total Liabilities and Owner's equity

7,019,166

7,355,015

7,567,130

7,841,168

7,898,917

7,956,667

8,014,416

8,072,165

8,129,915

8,249,587

8,585,436

8,352,989

Total Assests
Liabilities:
Current Liabilities

Year 3
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
8,374,611
8,770,302
9,030,023
9,357,808
9,447,836
9,537,864
9,627,892
9,717,920
9,807,948
9,966,039
10,361,729
10,080,528
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
8,388,600
8,783,018
9,041,468
9,367,981
9,456,737
9,545,494
9,634,250
9,723,006
9,811,763
9,968,582
10,363,001
10,080,528
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
259,250
114,440
5,216
471,974

622,000
269,620
114,440
10,432
456,388

622,000
279,990
114,440
15,648
440,803

622,000
290,360
114,440
20,863
425,217

622,000
300,730
114,440
26,079
409,631

622,000
311,100
114,440
31,295
394,045

622,000
321,470
114,440
36,511
378,459

622,000
331,840
114,440
41,727
362,873

622,000
342,210
114,440
46,943
347,288

622,000
352,580
114,440
52,158
331,702

622,000
362,950
114,440
57,374
316,116

622,000
373,320
114,440
62,590
300,530

8,860,574

9,239,407

9,482,271

9,793,198

9,866,368

9,939,539

10,012,709

10,085,880

10,159,050

10,300,284

10,679,117

10,381,058

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
3,860,574

5,000,000
4,239,407

5,000,000
4,482,271

5,000,000
4,793,198

5,000,000
4,866,368

5,000,000
4,939,539

5,000,000
5,012,709

5,000,000
5,085,880

5,000,000
5,159,050

5,000,000
5,300,284

5,000,000
5,679,117

5,000,000
5,381,058

Total Liabilities and Owner's equity

8,860,574

9,239,407

9,482,271

9,793,198

9,866,368

9,939,539

10,012,709

10,085,880

10,159,050

10,300,284

10,679,117

10,381,058

Total Assests
Liabilities:
Current Liabilities

P a g e | 94

Year 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
10,671,592
11,129,131
11,430,600
11,810,261
11,917,074
12,023,887
12,130,699
12,237,512
12,344,324
12,529,014
12,986,553
12,610,621
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
10,685,590
11,141,857
11,442,055
11,820,445
11,925,986
12,031,527
12,137,067
12,242,608
12,348,149
12,531,568
12,987,835
12,610,631
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

622,000
383,690
51,840
1,581
288,569

622,000
394,060
51,840
3,162
276,618

622,000
404,430
51,840
4,743
264,668

622,000
414,800
51,840
6,323
252,717

622,000
425,170
51,840
7,904
240,766

622,000
435,540
51,840
9,485
228,815

622,000
445,910
51,840
11,066
216,864

622,000
456,280
51,840
12,647
204,913

622,000
466,650
51,840
14,228
192,963

622,000
477,020
51,840
15,808
181,012

622,000
487,390
51,840
17,389
169,061

622,000
497,760
51,840
18,970
157,110

10,974,159

11,418,476

11,706,723

12,073,161

12,166,751

12,260,342

12,353,932

12,447,522

12,541,112

12,712,579

13,156,896

12,767,741

5,000,000
5,974,159

5,000,000
6,418,476

5,000,000
6,706,723

5,000,000
7,073,161

5,000,000
7,166,751

5,000,000
7,260,342

5,000,000
7,353,932

5,000,000
7,447,522

5,000,000
7,541,112

5,000,000
7,712,579

5,000,000
8,156,896

5,000,000
7,767,741

10,974,159

11,418,476

11,706,723

12,073,161

12,166,751

12,260,342

12,353,932

12,447,522

12,541,112

12,712,579

13,156,896

12,767,741

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

Year 5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
13,339,752
13,904,956
14,283,242
14,755,219
14,900,589
15,045,960
15,191,331
15,336,701
15,482,072
15,720,767
16,285,971
15,745,931
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
13,353,750
13,917,682
14,294,697
14,765,402
14,909,501
15,053,600
15,197,699
15,341,798
15,485,897
15,723,320
16,287,252
15,745,941
Fix ed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

622,000
508,130
32,870
1,581
145,159

622,000
518,500
32,870
3,162
133,208

622,000
528,870
32,870
4,743
121,258

622,000
539,240
32,870
6,323
109,307

622,000
549,610
32,870
7,904
97,356

622,000
559,980
32,870
9,485
85,405

622,000
570,350
32,870
11,066
73,454

622,000
580,720
32,870
12,647
61,503

622,000
591,090
32,870
14,228
49,553

622,000
601,460
32,870
15,808
37,602

622,000
611,830
32,870
17,389
25,651

622,000
622,200
32,870
18,970
13,700

13,498,909

14,050,891

14,415,954

14,874,709

15,006,857

15,139,005

15,271,153

15,403,301

15,535,450

15,760,922

16,312,903

15,759,641

5,000,000
8,498,909

5,000,000
9,050,891

5,000,000
9,415,954

5,000,000
9,874,709

5,000,000
10,006,857

5,000,000
10,139,005

5,000,000
10,271,153

5,000,000
10,403,301

5,000,000
10,535,450

5,000,000
10,760,922

5,000,000
11,312,903

5,000,000
10,759,641

13,498,909

14,050,891

14,415,954

14,874,709

15,006,857

15,139,005

15,271,153

15,403,301

15,535,450

15,760,922

16,312,903

15,759,641

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

*We estimate to received money from invest about 5,000,000 baht with starting. And give
dividend for 25% from net income and no dividend if net income has loss

P a g e | 95

7.4 Ratio Analysis


Efficiency Ratios
Total Assests Turn Over
Sales
Total Assests

Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold
Sales

Year 1
9,253,442
6,566,667
1.409

Year 2
9,999,212
8,352,989
1.197

Year 3
10,820,831
10,381,058
1.042

Year 4
12,162,122
12,767,741
0.953

Year 5
14,219,004
15,759,641
0.902

5,538,317
9,253,442
59.851%

5,984,877
9,999,212
59.853%

6,476,591
10,820,831
59.853%

7,279,425
12,162,122
59.853%

8,510,365
14,219,004
59.852%

Net Profit Margin

Net Profit
Sales

2,146,352
9,253,442
23.195%

2,459,245
9,999,212
24.594%

2,803,445
10,820,831
25.908%

3,311,962
12,162,122
27.232%

4,173,620
14,219,004
29.352%

Return on Assest

Net Profit
Total Assests

2,146,352
6,566,667
32.686%

2,459,245
8,352,989
29.441%

2,028,069
10,381,058
19.536%

3,311,962
12,767,741
25.940%

4,173,620
15,759,641
26.483%

Return on Equity

Net Profit
Total Equity

2,146,352
6,566,667
32.686%

2,459,245
8,352,989
29.441%

2,803,445
10,381,058
27.005%

3,311,962
12,767,741
25.940%

4,173,620
15,759,641
26.483%

Efficiency Ratios

Total Assets Turnover


A turnover ratio tells that the company is not using its assets optimally because a
turnover decussately from year 1 to year 5, it means that the company lost efficiently to
generate sales.
But from same status we can show that we can use a less of assets but sale and
profit have increase in every year. So we not too much worry about rate that happened

P a g e | 96

Profitability Ratios

Gross Profit Margin


This ratio tells that how well a company controls the cost of its inventory and the
manufacturing of its products and subsequently pass on the costs to its customers. From
the ratio this company have a larger the gross profit margin and incessantly from year 1
to year 5. So this company good financial health.
Net Profit Margin
This ratio tells that how well the company converts sales into profits after all
expenses are subtracted out. the profit margin incessantly from year 1 to year 5 is, the
better the company is thought to control costs.
Return on Assets
This ratio measures efficiency of the business in using its assets to generate net
income. From ratio decreasing from year 1 to year 2 and year 3 but increasing in year 4
and year 5 also expected it will incessantly in every next years. So the company try to
make more profitable in the further.
Return on Equity
This ratio measures a corporation's profitability by revealing how much profit a
company generates with the money shareholders have invested. From ratio decreasing
from year 1 to year 2 and year 3 but increasing in year 4 and year 5 also expected it will
incessantly in every next years. The investor should invest because expected in the
future company will have to grow and make more profitability.

P a g e | 97

Liquidity Ratio
Because of our company not have a debt so we cant calculate and no need to
pay any of liabilities, company dont have problem if company profit have turn to loss
in some period.
Financial Statement shows how much profit that company can gain overall of 60
months, show how company organized assets and how company can manage to gain
more profit that company can, plus with ratio analysis that keep increasing in every
year. So if you investor you can guarantee almost hundred percent that company will
still gain profit and paid dividend for you.

P a g e | 98

Chapter 8
Risk
Management

P a g e | 99

Risk analysis of the project


Hand Yah company has a chance to meet some problems in the future or the
company operating will not go on the way we are planning. Therefore we have to
analyze the risks and plan to solve the problems when it happens. We have divided the
risks into two types; certainty risk and uncertainty risk. First, certainty risk is the risk
which we can control and solve it when it happen, usually this risk comes from inside
the company. Second, uncertainty risk is the risk which comes from external and we
cannot control it.
8.1 Certainty risk
-

Supplier risk

This risk happens when our company sale has increasing and supplier cannot
produce the products follow our sales.
We can solve it by, before the sales increase, we have to observe and analyze
our demand, and try to order the supplier more than usual at that time.
8.2 Uncertainty risk
-

Traveler risk

Because the unstable of Thailand politics, it causes both Thai and foreign
travelers do not want to travel in Thailand. Including with right now, the world faces the
economic crisis in the United States and Europe, so some foreigners do not travel. It has
effect to our company sales will decrease.
-

Political risk

Now, the government states the minimum wage policy that increase the
minimum wage in Thailand to more than 300 baht, so it has effect to the companys cost
of labor and our supplier labor cost.
-

Natural disaster risk

Natural disaster such as flooding crisis that can occur in Thailand and it cause to the
traveler that will not come to travel. There are also the building catches fires that can
happen to the companys building.

P a g e | 100

If sale decrease 5 percent;


Jan

Year 1
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,210,167 971,924 733,680 852,802 435,876 435,876 435,876 435,876 435,876 554,997 971,924 1,329,289 8,804,161
(485,838) (390,192) (294,546) (342,369) (174,988) (174,988) (174,988) (174,988) (174,988) (222,811) (390,192) (533,661) (3,534,548)
724,329 581,732 439,134 510,433 260,887 260,887 260,887 260,887 260,887 332,186 581,732
795,628 5,269,612

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)
(50,000)
(180,000)
(4,184)
(3,450)
(237,634)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000) (600,000)
(30,000) (360,000)
(4,184)
(3,450)
(41,400)
(83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893)
(374,987) (185,803) (185,803) (185,803) (185,803) (185,803) (215,803) (215,803) (215,803) (215,803) (215,803)
349,343 395,929 253,332 324,631
75,085
75,085
45,085
45,085
45,085 116,384 365,929
349,343 395,929 253,332 324,631
75,085
75,085
45,085
45,085
45,085 116,384 365,929
262,007 296,947 189,999 243,473
56,314
56,314
33,814
33,814
33,814
87,288 274,447
87,336
98,982
63,333
81,158
18,771
18,771
11,271
11,271
11,271
29,096
91,482

(15,622) (187,460)
(1,272)
(15,260)
(16,893) (202,720)
(324,803) (2,707,814)
470,826 2,561,798
603,539
603,539
(132,714) 1,958,259
(132,714) 1,435,515
488,929

Jan

Year 2
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

(5,000)
(50,000)
(3,450)
(53,450)

Feb

1,316,162 1,054,499
528,391 423,343
787,771 631,156

(50,000)
(3,450)
(53,450)

Mar
792,836
318,295
474,541

(50,000)
(3,450)
(53,450)

Apr
923,667
370,819
552,849

(50,000)
(3,450)
(53,450)

May
465,757
186,984
278,773

(50,000)
(3,450)
(53,450)

Jun
465,757
186,984
278,773

(50,000)
(30,000)
(3,450)
(83,450)

Jul
465,757
186,984
278,773

(50,000)
(30,000)
(3,450)
(83,450)

Aug
465,757
186,984
278,773

(50,000)
(30,000)
(3,450)
(83,450)

Sep
465,757
186,984
278,773

(50,000)
(30,000)
(3,450)
(83,450)

Oct

Nov

Dec

596,589 1,054,499 1,446,993


239,509 423,343
580,915
357,080 631,156
866,078

Total
9,514,030
3,819,535
5,694,495

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expenese
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)

(5,000)

(50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (600,000)
(30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (360,000)
(4,184) (4,184)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(41,400)
(87,634) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858)
(224,951) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767)
562,820 415,389 258,775 337,082
63,006
63,006
63,006
63,006
63,006 141,313 415,389
562,820 415,389 258,775 337,082
63,006
63,006
63,006
63,006
63,006 141,313 415,389
422,115 311,542 194,081 252,811
47,255
47,255
47,255
47,255
47,255 105,985 311,542
140,705 103,847
64,694
84,270
15,752
15,752
15,752
15,752
15,752
35,328 103,847

(15,586) (187,030)
(1,272)
(15,260)
(16,858) (202,290)
(324,767) (2,707,384)
541,312 2,987,111
(731,133) (731,133)
(189,822) 2,255,978
(189,822) 1,644,528
611,450

P a g e | 101

Jan

Year 3
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

1,432,519 1,145,134
(575,104) (459,729)
857,415
685,405

Apr

May

857,750 1,001,442
(344,355) (402,042)
513,395
599,400

Jun

498,519
(200,137)
298,382

Jul

498,519
(200,137)
298,382

Aug

498,519
(200,137)
298,382

Sep

498,519
(200,137)
298,382

Oct

498,519
(200,137)
298,382

Nov

Dec

642,211 1,145,134
(257,824) (459,729)
384,387
685,405

Total

1,576,211 10,292,997
(632,791) (4,132,262)
943,420
6,160,735

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)
(50,000)
(30,000)
(4,184)
(3,450)
(87,634)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,586)
(1,272)
(16,858)
(224,951)
632,464

(15,586)
(1,272)
(16,858)
(215,767)
469,638

(15,586)
(1,272)
(16,858)
(215,767)
297,628

(15,586)
(1,272)
(16,858)
(215,767)
383,633

(15,586)
(1,272)
(16,858)
(215,767)
82,615

(15,586)
(1,272)
(16,858)
(215,767)
82,615

(15,586)
(1,272)
(16,858)
(215,767)
82,615

(15,586)
(1,272)
(16,858)
(215,767)
82,615

(15,586)
(1,272)
(16,858)
(215,767)
82,615

(15,586)
(1,272)
(16,858)
(215,767)
168,620

(15,586)
(1,272)
(16,858)
(215,767)
469,638

632,464
474,348
158,116

469,638
352,228
117,409

297,628
223,221
74,407

383,633
287,725
95,908

82,615
61,961
20,654

82,615
61,961
20,654

82,615
61,961
20,654

168,620
126,465
42,155

469,638
352,228
117,409

(15,586)
(187,030)
(1,272)
(15,260)
(16,858)
(202,290)
(324,767) (2,707,384)
618,653
3,453,351
(871,005)
(871,005)
(252,352) 2,582,346
(252,352)
1,873,671
708,674

Jan

Year 4
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

1,623,818 1,294,059
(651,904) (519,517)
971,914
774,542

Apr

82,615
61,961
20,654
May

964,300 1,129,179
(387,131) (453,324)
577,169
675,855

Jun

Jul

82,615
61,961
20,654
Aug

Sep

552,101
(221,648)
330,452

552,101
(221,648)
330,452

552,101
(221,648)
330,452

552,101
(221,648)
330,452

552,101
(221,648)
330,452

Oct

Nov

(50,000)
(30,000)
(3,450)
(83,450)

(5,000)
(0)
(600,000)
(360,000)
(4,184)
(41,400)
(1,005,584)

Dec

716,980 1,294,059
(287,841) (519,517)
429,139
774,542

Total

1,788,698 11,571,595
(718,097) (4,645,572)
1,070,601
6,926,023

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 5 Year 5
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit
Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)

(5,000)

(60,000)
(30,000)
(4,184)
(3,450)
(97,634)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(720,000)
(30,000)
(360,000)
(4,184)
(3,450)
(41,400)
(93,450) (1,125,584)

(105,640)
(3,360)
(0)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(11,951)
(1,272)
(13,223)
(231,316)
740,599

(11,951)
(1,272)
(13,223)
(222,132)
552,410

(11,951)
(1,272)
(13,223)
(222,132)
355,037

(11,951)
(1,272)
(13,223)
(222,132)
453,723

(11,951)
(1,272)
(13,223)
(222,132)
108,321

(11,951)
(1,272)
(13,223)
(222,132)
108,321

(11,951)
(1,272)
(13,223)
(222,132)
108,321

(11,951)
(1,272)
(13,223)
(222,132)
108,321

(11,951)
(1,272)
(13,223)
(222,132)
108,321

(11,951)
(1,272)
(13,223)
(222,132)
207,007

(11,951)
(1,272)
(13,223)
(222,132)
552,410

740,599
555,449
185,150

552,410
414,307
138,102

355,037
266,278
88,759

453,723
340,293
113,431

108,321
81,241
27,080

108,321
81,241
27,080

108,321
81,241
27,080

108,321
81,241
27,080

108,321
81,241
27,080

207,007
155,255
51,752

552,410
414,307
138,102

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)
(0)
(11,951)
(143,410)
(1,272)
(15,260)
(13,223)
(158,670)
(331,132) (2,783,764)
739,469
4,142,259
(1,077,678) (1,077,678)
(338,208) 3,064,581
(338,208)
2,213,884
850,697

Jan

Feb

Mar

Apr

May

1,916,172 1,521,582 1,126,992 1,324,287


(769,273) (610,859) (452,446) (531,653)
1,146,899
910,722
674,546
792,634

Jun

Jul

Aug

Sep

633,754
(254,429)
379,325

633,754
(254,429)
379,325

633,754
(254,429)
379,325

633,754
(254,429)
379,325

633,754
(254,429)
379,325

(60,000)
(30,000)

(60,000)
(30,000)

(60,000)
(30,000)

(60,000)
(30,000)

(60,000)
(30,000)

Oct

Nov

Dec

831,049 1,521,582
(333,636) (610,859)
497,413
910,722

(5,000)
(60,000)
(30,000)
(4,184) (3,450)
(97,634)

Total

2,113,466 13,523,902
(848,479) (5,429,352)
1,264,987
8,094,550

(5,000)
(60,000)
(30,000)

(60,000)
(30,000)

(3,450)
(93,450)

(720,000)
(360,000)
(4,184)
(3,450)
(41,400)
(93,450) (1,125,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(0) (4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(3,450)
(93,450)

(60,000)
(30,000)
-

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(60,000)
(30,000)
-

(3,450)
(93,450)

(60,000)
(30,000)
-

(3,450)
(93,450)

(11,951)
(1,272)
(13,223)
(231,316)
915,583

(11,951)
(1,272)
(13,223)
(222,132)
688,591

(11,951)
(1,272)
(13,223)
(222,132)
452,414

(11,951)
(1,272)
(13,223)
(222,132)
570,502

(11,951)
(1,272)
(13,223)
(222,132)
157,194

(11,951)
(1,272)
(13,223)
(222,132)
157,194

(11,951)
(1,272)
(13,223)
(222,132)
157,194

(11,951)
(1,272)
(13,223)
(222,132)
157,194

(11,951)
(1,272)
(13,223)
(222,132)
157,194

(11,951)
(1,272)
(13,223)
(222,132)
275,282

915,583
686,687
228,896

688,591
516,443
172,148

452,414
339,311
113,104

570,502
427,877
142,626

157,194
117,895
39,298

157,194
117,895
39,298

157,194
117,895
39,298

157,194
117,895
39,298

157,194
117,895
39,298

275,282
206,461
68,820

(60,000)
(30,000)

(11,951)
(1,272)
(13,223)
(222,132)
688,591

(11,951)
(143,410)
(1,272)
(15,260)
(13,223)
(158,670)
(331,132) (2,783,764)
933,855
5,310,786
(1,428,236) (1,428,236)
688,591
(494,380) 3,882,550
516,443
(494,380)
2,788,317
172,148
1,094,233

P a g e | 102

Year 1
Jan
Feb
Net Income
349,343
Cash Flow from Operating Activities
Adjusted Depriciation
16,893
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
1,633
Cash Flow from Investing Activities
Invest expenese
(240,050)
Vehicles
(622,000)
Total Cash Flow from Investing Activities
(862,050)
Cash Flow from Financing Activities
Received money from investor
5,000,000
Dividend Expense
(87,336)
Total Cash Flow from Financing Activities
4,912,664
Cash flow at end of period
4,401,590
Cash balance at start of period
Cash balance at end of period

4,401,590

Mar
395,929

Apr
253,332

16,893
-

16,893
-

16,893

5,760,925
6,184,638

7,592,483
8,068,429

16,893

16,893

9,653,185
10,206,596

12,010,478
12,695,128

Sep
45,085

16,893

16,893

Oct

45,085

16,893

16,893

16,893

16,893

Nov
365,929

16,893

16,893

Dec

116,384

16,893

16,893

(132,714)
16,893

16,893

16,893

16,893

(98,982)
98,982
313,840

(63,333)
63,333
206,892

(81,158)
81,158
260,366

(18,771)
18,771
73,207

(18,771)
18,771
73,207

(11,271)
11,271
50,707

(11,271)
11,271
50,707

(11,271)
11,271
50,707

(29,096)
29,096
104,181

(91,482)
91,482
291,340

0
0
(115,820)

4,401,590
4,715,431

4,715,431
4,922,323

4,922,323
5,182,689

5,182,689
5,255,896

5,255,896
5,329,103

5,329,103
5,379,810

5,379,810
5,430,517

5,430,517
5,481,225

5,481,225
5,585,406

5,585,406
5,876,746

5,876,746
5,760,925

6,184,638
6,513,038

6,513,038
6,723,976

8,068,429
8,437,515

8,437,515
8,677,593

May

Jun

10,206,596
10,634,126

10,634,126
10,913,626

12,695,128
13,224,794

13,224,794
13,577,327

Jul

Aug

Sep

Oct

Nov

Dec

337,082

63,006

63,006

63,006

63,006

63,006

141,313

415,389

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

(189,822)
(16,858)
-

16,858

16,858

(16,858)

(84,270)
(84,270)
269,669

(15,752)
(15,752)
64,112

(15,752)
(15,752)
64,112

(15,752)
(15,752)
64,112

(15,752)
(15,752)
64,112

(15,752)
(15,752)
64,112

(35,328)
(35,328)
122,843

(103,847)
(103,847)
328,400

0
0
(172,964)

6,723,976
6,993,645

6,993,645
7,057,757

7,057,757
7,121,869

7,121,869
7,185,981

7,185,981
7,250,093

7,250,093
7,314,205

7,314,205
7,437,048

7,437,048
7,765,447

7,765,447
7,592,483

May

Jun

383,633

Jul

82,615

16,858

16,858
-

82,615

16,858
-

16,858

Dec
(252,352)

16,858
-

16,858

469,638

16,858
-

16,858

Nov
168,620

16,858
-

16,858

Oct

82,615

16,858
-

16,858

Sep

82,615

16,858
-

16,858

Aug

82,615

(16,858)
-

16,858

16,858

(16,858)

(95,908)
(95,908)
304,582

(20,654)
(20,654)
78,819

(20,654)
(20,654)
78,819

(20,654)
(20,654)
78,819

(20,654)
(20,654)
78,819

(20,654)
(20,654)
78,819

(42,155)
(42,155)
143,323

(117,409)
(117,409)
369,086

0
0
(235,495)

8,677,593
8,982,175

8,982,175
9,060,994

9,060,994
9,139,813

9,139,813
9,218,632

9,218,632
9,297,451

9,297,451
9,376,270

9,376,270
9,519,593

9,519,593
9,888,679

9,888,679
9,653,185

10,913,626
11,267,141

11,267,141
11,361,604

Year 5
Jan
Feb
Mar
Apr
May
Jun
Net Income
915,583
688,591
452,414
570,502
157,194
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
13,223
13,223
13,223
13,223
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
(2,038)
13,223
13,223
13,223
13,223
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(228,896)
(172,148)
(113,104)
(142,626)
(39,298)
Total Cash Flow from Financing Activities
(228,896)
(172,148)
(113,104)
(142,626)
(39,298)
Cash flow at end of period
684,650
529,665
352,533
441,099
131,118
Cash balance at start of period
Cash balance at end of period

Aug
45,085

16,893

16,893

Year 4
Jan
Feb
Mar
Apr
May
Jun
Net Income
740,599
552,410
355,037
453,723
108,321
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
13,223
13,223
13,223
13,223
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
(2,038)
13,223
13,223
13,223
13,223
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(185,150)
(138,102)
(88,759)
(113,431)
(27,080)
Total Cash Flow from Financing Activities
(185,150)
(138,102)
(88,759)
(113,431)
(27,080)
Cash flow at end of period
553,412
427,530
279,500
353,515
94,463
Cash balance at start of period
Cash balance at end of period

Jul
75,085

Year 3
Jan
Feb
Mar
Apr
Net Income
632,464
469,638
297,628
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
16,858
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
16,858
16,858
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(158,116)
(117,409)
(74,407)
Total Cash Flow from Financing Activities
(158,116)
(117,409)
(74,407)
Cash flow at end of period
475,946
369,086
240,078
Cash balance at start of period
Cash balance at end of period

Jun
75,085

16,893

Year 2
Jan
Feb
Mar
Apr
Net Income
562,820
415,389
258,775
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
16,858
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
16,858
16,858
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(140,705)
(103,847)
(64,694)
Total Cash Flow from Financing Activities
(140,705)
(103,847)
(64,694)
Cash flow at end of period
423,713
328,400
210,938
Cash balance at start of period
Cash balance at end of period

May
324,631

13,577,327
14,018,426

14,018,426
14,149,544

Jul
108,321

Aug
108,321

13,223

Sep
108,321

13,223
-

Oct
108,321

13,223
-

13,223

Nov
207,007

13,223
-

13,223

338,208

13,223
-

13,223

Dec
552,410 -

13,223
-

13,223

13,223
-

13,223

13,223

13,223

(27,080)
(27,080)
94,463

(27,080)
(27,080)
94,463

(27,080)
(27,080)
94,463

(27,080)
(27,080)
94,463

(51,752)
(51,752)
168,478

(138,102)
(138,102)
427,530

0
0
(324,986)

11,361,604
11,456,067

11,456,067
11,550,530

11,550,530
11,644,993

11,644,993
11,739,456

11,739,456
11,907,934

11,907,934
12,335,464

12,335,464
12,010,478

Jul

Aug

Sep

Oct

Nov

157,194

157,194

157,194

157,194

275,282

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

Dec
688,591 -

494,380

13,223
-

13,223

13,223
-

13,223
-

13,223

(39,298)
(39,298)
131,118

(39,298)
(39,298)
131,118

(39,298)
(39,298)
131,118

(39,298)
(39,298)
131,118

(68,820)
(68,820)
219,684

(172,148)
(172,148)
529,665

0
0
(481,158)

14,149,544
14,280,661

14,280,661
14,411,779

14,411,779
14,542,897

14,542,897
14,674,014

14,674,014
14,893,698

14,893,698
15,423,364

15,423,364
14,942,206

P a g e | 103

Year 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
4,401,590
4,715,431
4,922,323
5,182,689
5,255,896
5,329,103
5,379,810
5,430,517
5,481,225
5,585,406
5,876,746
5,760,925
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
(1,272)
(2,543)
(3,815)
(5,087)
(6,358)
(7,630)
(8,902)
(10,173)
(11,445)
(12,717)
(13,988)
(15,260)
Total Current Assests
4,415,579
4,728,147
4,933,768
5,192,863
5,264,798
5,336,733
5,386,169
5,435,604
5,485,040
5,587,949
5,878,018
5,760,925
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

622,000
(10,370)
240,050
(5,252)
846,428

622,000
(20,740)
240,050
(10,503)
830,807

622,000
(31,110)
240,050
(15,755)
815,185

622,000
(41,480)
240,050
(21,007)
799,563

622,000
(51,850)
240,050
(26,258)
783,942

622,000
(62,220)
240,050
(31,510)
768,320

622,000
(72,590)
240,050
(36,762)
752,698

622,000
(82,960)
240,050
(42,013)
737,077

622,000
(93,330)
240,050
(47,265)
721,455

622,000
(103,700)
240,050
(52,517)
705,833

622,000
(114,070)
240,050
(57,768)
690,212

622,000
(124,440)
240,050
(63,020)
674,590

5,262,007

5,558,954

5,748,953

5,992,426

6,048,740

6,105,053

6,138,867

6,172,681

6,206,495

6,293,782

6,568,229

6,435,515

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
262,007

5,000,000
558,954

5,000,000
748,953

5,000,000
992,426

5,000,000
1,048,740

5,000,000
1,105,053

5,000,000
1,138,867

5,000,000
1,172,681

5,000,000
1,206,495

5,000,000
1,293,782

5,000,000
1,568,229

5,000,000
1,435,515

Total Liabilities and Owner's equity

5,262,007

5,558,954

5,748,953

5,992,426

6,048,740

6,105,053

6,138,867

6,172,681

6,206,495

6,293,782

6,568,229

6,435,515

Total Assests
Liabilities:
Current Liabilities

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 2
Assests:
Current Assests
Cash
6,184,638
6,513,038
6,723,976
6,993,645
7,057,757
7,121,869
7,185,981
7,250,093
7,314,205
7,437,048
7,765,447
7,592,483
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
6,198,626
6,525,754
6,735,421
7,003,818
7,066,659
7,129,499
7,192,340
7,255,180
7,318,020
7,439,591
7,766,719
7,592,483
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

622,000
134,810
177,030
5,216
659,004

622,000
145,180
177,030
10,432
643,418

622,000
155,550
177,030
15,648
627,833

622,000
165,920
177,030
20,863
612,247

622,000
176,290
177,030
26,079
596,661

622,000
186,660
177,030
31,295
581,075

622,000
197,030
177,030
36,511
565,489

622,000
207,400
177,030
41,727
549,903

622,000
217,770
177,030
46,943
534,318

622,000
228,140
177,030
52,158
518,732

622,000
238,510
177,030
57,374
503,146

622,000
248,880
177,030
62,590
487,560

6,857,631

7,169,173

7,363,254

7,616,065

7,663,320

7,710,574

7,757,829

7,805,083

7,852,338

7,958,323

8,269,865

8,080,043

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
1,857,631

5,000,000
2,169,173

5,000,000
2,363,254

5,000,000
2,616,065

5,000,000
2,663,320

5,000,000
2,710,574

5,000,000
2,757,829

5,000,000
2,805,083

5,000,000
2,852,338

5,000,000
2,958,323

5,000,000
3,269,865

5,000,000
3,080,043

Total Liabilities and Owner's equity

6,857,631

7,169,173

7,363,254

7,616,065

7,663,320

7,710,574

7,757,829

7,805,083

7,852,338

7,958,323

8,269,865

8,080,043

Total Assests
Liabilities:
Current Liabilities

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 3
Assests:
Current Assests
Cash
8,068,429
8,437,515
8,677,593
8,982,175
9,060,994
9,139,813
9,218,632
9,297,451
9,376,270
9,519,593
9,888,679
9,653,185
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
8,082,417
8,450,232
8,689,038
8,992,349
9,069,896
9,147,443
9,224,991
9,302,538
9,380,085
9,522,137
9,889,951
9,653,185
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

622,000
259,250
114,440
5,216
471,974

622,000
269,620
114,440
10,432
456,388

622,000
279,990
114,440
15,648
440,803

622,000
290,360
114,440
20,863
425,217

622,000
300,730
114,440
26,079
409,631

622,000
311,100
114,440
31,295
394,045

622,000
321,470
114,440
36,511
378,459

622,000
331,840
114,440
41,727
362,873

622,000
342,210
114,440
46,943
347,288

622,000
352,580
114,440
52,158
331,702

622,000
362,950
114,440
57,374
316,116

622,000
373,320
114,440
62,590
300,530

8,554,391

8,906,620

9,129,841

9,417,565

9,479,527

9,541,488

9,603,450

9,665,411

9,727,373

9,853,838

10,206,067

9,953,715

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
3,554,391

5,000,000
3,906,620

5,000,000
4,129,841

5,000,000
4,417,565

5,000,000
4,479,527

5,000,000
4,541,488

5,000,000
4,603,450

5,000,000
4,665,411

5,000,000
4,727,373

5,000,000
4,853,838

5,000,000
5,206,067

5,000,000
4,953,715

Total Liabilities and Owner's equity

8,554,391

8,906,620

9,129,841

9,417,565

9,479,527

9,541,488

9,603,450

9,665,411

9,727,373

9,853,838

10,206,067

9,953,715

Total Assests
Liabilities:
Current Liabilities

P a g e | 104

Year 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
10,206,596
10,634,126
10,913,626
11,267,141
11,361,604
11,456,067
11,550,530
11,644,993
11,739,456
11,907,934
12,335,464
12,010,478
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
10,220,594
10,646,853
10,925,081
11,277,325
11,370,516
11,463,707
11,556,899
11,650,090
11,743,281
11,910,488
12,336,746
12,010,488
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

622,000
383,690
51,840
1,581
288,569

622,000
394,060
51,840
3,162
276,618

622,000
404,430
51,840
4,743
264,668

622,000
414,800
51,840
6,323
252,717

622,000
425,170
51,840
7,904
240,766

622,000
435,540
51,840
9,485
228,815

622,000
445,910
51,840
11,066
216,864

622,000
456,280
51,840
12,647
204,913

622,000
466,650
51,840
14,228
192,963

622,000
477,020
51,840
15,808
181,012

622,000
487,390
51,840
17,389
169,061

622,000
497,760
51,840
18,970
157,110

10,509,164

10,923,471

11,189,749

11,530,041

11,611,282

11,692,522

11,773,763

11,855,003

11,936,244

12,091,499

12,505,807

12,167,598

5,000,000
5,509,164

5,000,000
5,923,471

5,000,000
6,189,749

5,000,000
6,530,041

5,000,000
6,611,282

5,000,000
6,692,522

5,000,000
6,773,763

5,000,000
6,855,003

5,000,000
6,936,244

5,000,000
7,091,499

5,000,000
7,505,807

5,000,000
7,167,598

10,509,164

10,923,471

11,189,749

11,530,041

11,611,282

11,692,522

11,773,763

11,855,003

11,936,244

12,091,499

12,505,807

12,167,598

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 5
Assests:
Current Assests
Cash
12,695,128
13,224,794
13,577,327
14,018,426
14,149,544
14,280,661
14,411,779
14,542,897
14,674,014
14,893,698
15,423,364
14,942,206
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
12,709,126
13,237,520
13,588,782
14,028,609
14,158,455
14,288,301
14,418,147
14,547,993
14,677,839
14,896,251
15,424,645
14,942,216
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

622,000
508,130
32,870
1,581
145,159

622,000
518,500
32,870
3,162
133,208

622,000
528,870
32,870
4,743
121,258

622,000
539,240
32,870
6,323
109,307

622,000
549,610
32,870
7,904
97,356

622,000
559,980
32,870
9,485
85,405

622,000
570,350
32,870
11,066
73,454

622,000
580,720
32,870
12,647
61,503

622,000
591,090
32,870
14,228
49,553

622,000
601,460
32,870
15,808
37,602

622,000
611,830
32,870
17,389
25,651

622,000
622,200
32,870
18,970
13,700

12,854,286

13,370,729

13,710,039

14,137,916

14,255,811

14,373,706

14,491,601

14,609,497

14,727,392

14,933,853

15,450,296

14,955,916

5,000,000
7,854,286

5,000,000
8,370,729

5,000,000
8,710,039

5,000,000
9,137,916

5,000,000
9,255,811

5,000,000
9,373,706

5,000,000
9,491,601

5,000,000
9,609,497

5,000,000
9,727,392

5,000,000
9,933,853

5,000,000
10,450,296

5,000,000
9,955,916

12,854,286

13,370,729

13,710,039

14,137,916

14,255,811

14,373,706

14,491,601

14,609,497

14,727,392

14,933,853

15,450,296

14,955,916

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

P a g e | 105

If sale decrease 10 percent


Jan

Year 1
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,146,474
920,770
695,065
807,918
412,935
412,935
412,935
412,935
412,935
525,787
920,770 1,259,326
8,340,784
(460,267) (369,655) (279,043) (324,349) (165,778) (165,778) (165,778) (165,778) (165,778) (211,084) (369,655) (505,573) (3,348,520)
686,207
551,114
416,022
483,568
247,157
247,157
247,157
247,157
247,157
314,703
551,114
753,753
4,992,264

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)
(50,000)
(180,000)
(4,184)
(3,450)
(237,634)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000) (600,000)
(30,000) (360,000)
(4,184)
(3,450)
(41,400)
(83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893)
(374,987) (185,803) (185,803) (185,803) (185,803) (185,803) (215,803) (215,803) (215,803) (215,803) (215,803)
311,220
365,312
230,219
297,766
61,354
61,354
31,354
31,354
31,354
98,900
335,312
311,220
365,312
230,219
297,766
61,354
61,354
31,354
31,354
31,354
98,900
335,312
233,415
273,984
172,665
223,324
46,016
46,016
23,516
23,516
23,516
74,175
251,484
77,805
91,328
57,555
74,441
15,339
15,339
7,839
7,839
7,839
24,725
83,828

(15,622) (187,460)
(1,272)
(15,260)
(16,893) (202,720)
(324,803) (2,707,814)
428,950
2,284,450
520,335
520,335
(91,385) 1,764,115
(91,385) 1,300,240
440,359

Jan

Year 2
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

(5,000)

1,246,890
500,581
746,309

(50,000)
(3,450)
(53,450)

Feb
998,999
401,061
597,937

(50,000)
(3,450)
(53,450)

Mar
751,108
301,542
449,565

(50,000)
(3,450)
(53,450)

Apr
875,053
351,302
523,751

(50,000)
(3,450)
(53,450)

May
441,244
177,143
264,100

(50,000)
(3,450)
(53,450)

Jun
441,244
177,143
264,100

(50,000)
(30,000)
(3,450)
(83,450)

Jul
441,244
177,143
264,100

(50,000)
(30,000)
(3,450)
(83,450)

Aug
441,244
177,143
264,100

(50,000)
(30,000)
(3,450)
(83,450)

Sep
441,244
177,143
264,100

(50,000)
(30,000)
(3,450)
(83,450)

Oct
565,189
226,903
338,286

Nov
998,999
401,061
597,937

Dec

Total

1,370,836
550,340
820,495

9,013,292
3,618,507
5,394,785

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expenese
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)

(50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000)
(30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000)
(4,184) (3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(87,634) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450)

(5,000)

(50,000)
(30,000)

(600,000)
(360,000)
(4,184)
(3,450)
(41,400)
(83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858)
(224,951) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767)
521,359
382,171
233,799
307,985
48,334
48,334
48,334
48,334
48,334
122,520
382,171
521,359
382,171
233,799
307,985
48,334
48,334
48,334
48,334
48,334
122,520
382,171
391,019
286,628
175,349
230,989
36,250
36,250
36,250
36,250
36,250
91,890
286,628
130,340
95,543
58,450
76,996
12,083
12,083
12,083
12,083
12,083
30,630
95,543

(15,586) (187,030)
(1,272)
(15,260)
(16,858) (202,290)
(324,767) (2,707,384)
495,729 2,687,401
(641,220) (641,220)
(145,492) 2,046,180
(145,492) 1,498,262
547,918

P a g e | 106

Jan

Year 3
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,357,123 1,084,864
(544,835) (435,533)
812,288
649,331

Mar
812,605
(326,231)
486,374

Apr
948,734
(380,882)
567,852

May

Jun

472,281
(189,604)
282,678

Jul

472,281
(189,604)
282,678

Aug

472,281
(189,604)
282,678

Sep

472,281
(189,604)
282,678

Oct

472,281
(189,604)
282,678

Nov

Dec

608,411 1,084,864
(244,255) (435,533)
364,156
649,331

Total

1,493,252
9,751,260
(599,486) (3,914,774)
893,766
5,836,486

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)
(50,000)
(30,000)
(4,184)
(3,450)
(87,634)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,586)
(1,272)
(16,858)
(224,951)
587,337

(15,586)
(1,272)
(16,858)
(215,767)
433,564

(15,586)
(1,272)
(16,858)
(215,767)
270,607

(15,586)
(1,272)
(16,858)
(215,767)
352,086

(15,586)
(1,272)
(16,858)
(215,767)
66,911

(15,586)
(1,272)
(16,858)
(215,767)
66,911

(15,586)
(1,272)
(16,858)
(215,767)
66,911

(15,586)
(1,272)
(16,858)
(215,767)
66,911

(15,586)
(1,272)
(16,858)
(215,767)
66,911

(15,586)
(1,272)
(16,858)
(215,767)
148,389

(15,586)
(1,272)
(16,858)
(215,767)
433,564

587,337
440,503
146,834

433,564
325,173
108,391

270,607
202,955
67,652

352,086
264,064
88,021

66,911
50,183
16,728

66,911
50,183
16,728

66,911
50,183
16,728

66,911
50,183
16,728

66,911
50,183
16,728

148,389
111,292
37,097

433,564
325,173
108,391

(15,586)
(187,030)
(1,272)
(15,260)
(16,858)
(202,290)
(324,767) (2,707,384)
568,999
3,129,102
(773,731)
(773,731)
(204,731) 2,355,371
(204,731)
1,715,346
640,026

Jan

Year 4
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,538,354 1,225,950
(617,593) (492,174)
920,761
733,776

Mar

Apr

913,547 1,069,749
(366,756) (429,465)
546,791
640,284

May

Jun

Jul

Aug

Sep

Oct

523,043
(209,982)
313,060

523,043
(209,982)
313,060

523,043
(209,982)
313,060

523,043
(209,982)
313,060

523,043
(209,982)
313,060

Nov

(50,000)
(30,000)
(3,450)
(83,450)

(5,000)
(0)
(600,000)
(360,000)
(4,184)
(41,400)
(1,005,584)

Dec

679,244 1,225,950
(272,692) (492,174)
406,553
733,776

Total

1,694,556 10,962,564
(680,302) (4,401,068)
1,014,254
6,561,496

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 5 Year 5
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit
Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)

(5,000)

(60,000)
(30,000)
(4,184)
(3,450)
(97,634)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(720,000)
(30,000)
(360,000)
(4,184)
(3,450)
(41,400)
(93,450) (1,125,584)

(105,640)
(3,360)
(0)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(11,951)
(1,272)
(13,223)
(231,316)
689,445

(11,951)
(1,272)
(13,223)
(222,132)
511,645

(11,951)
(1,272)
(13,223)
(222,132)
324,660

(11,951)
(1,272)
(13,223)
(222,132)
418,152

(11,951)
(1,272)
(13,223)
(222,132)
90,928

(11,951)
(1,272)
(13,223)
(222,132)
90,928

(11,951)
(1,272)
(13,223)
(222,132)
90,928

(11,951)
(1,272)
(13,223)
(222,132)
90,928

(11,951)
(1,272)
(13,223)
(222,132)
90,928

(11,951)
(1,272)
(13,223)
(222,132)
184,421

(11,951)
(1,272)
(13,223)
(222,132)
511,645

689,445
517,084
172,361

511,645
383,733
127,911

324,660
243,495
81,165

418,152
313,614
104,538

90,928
68,196
22,732

90,928
68,196
22,732

90,928
68,196
22,732

90,928
68,196
22,732

90,928
68,196
22,732

184,421
138,316
46,105

511,645
383,733
127,911

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)
(0)
(11,951)
(143,410)
(1,272)
(15,260)
(13,223)
(158,670)
(331,132) (2,783,764)
683,122
3,777,731
(968,319)
(968,319)
(285,198) 2,809,412
(285,198)
2,035,760
773,652

Jan

Feb

Mar

Apr

1,815,320 1,441,498 1,067,676 1,254,587


(728,785) (578,709) (428,633) (503,671)
1,086,536
862,790
639,043
750,916

May
600,399
(241,038)
359,361

Jun
600,399
(241,038)
359,361

Jul

Aug

600,399
(241,038)
359,361

600,399
(241,038)
359,361

Sep
600,399
(241,038)
359,361

Oct

Nov

Dec

787,310 1,441,498
(316,076) (578,709)
471,234
862,790

Total

2,002,231 12,812,117
(803,823) (5,143,596)
1,198,409
7,668,521

(5,000)

(5,000)

(60,000)
(60,000)
(60,000)
(60,000)
(60,000)
(60,000)
(60,000)
(60,000)
(60,000)
(60,000)
(60,000)
(30,000)
(30,000)
(30,000)
(30,000)
(30,000)
(30,000)
(30,000)
(30,000)
(30,000)
(30,000)
(30,000)
(4,184) (3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(97,634)
(93,450)
(93,450)
(93,450)
(93,450)
(93,450)
(93,450)
(93,450)
(93,450)
(93,450)
(93,450)
(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(0) (4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)
(11,951)
(1,272)
(13,223)
(231,316)
855,220

(11,951)
(1,272)
(13,223)
(222,132)
640,658

(11,951)
(1,272)
(13,223)
(222,132)
416,912

(11,951)
(1,272)
(13,223)
(222,132)
528,785

(11,951)
(1,272)
(13,223)
(222,132)
137,229

(11,951)
(1,272)
(13,223)
(222,132)
137,229

(11,951)
(1,272)
(13,223)
(222,132)
137,229

(11,951)
(1,272)
(13,223)
(222,132)
137,229

(11,951)
(1,272)
(13,223)
(222,132)
137,229

(11,951)
(1,272)
(13,223)
(222,132)
249,102

855,220
641,415
213,805

640,658
480,493
160,164

416,912
312,684
104,228

528,785
396,589
132,196

137,229
102,922
34,307

137,229
102,922
34,307

137,229
102,922
34,307

137,229
102,922
34,307

137,229
102,922
34,307

249,102
186,827
62,276

(11,951)
(1,272)
(13,223)
(222,132)
640,658

(60,000)
(30,000)

(720,000)
(360,000)
(4,184)
(3,450)
(41,400)
(93,450) (1,125,584)
(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(11,951)
(143,410)
(1,272)
(15,260)
(13,223)
(158,670)
(331,132) (2,783,764)
867,277
4,884,757
(1,300,427) (1,300,427)
640,658
(433,150) 3,584,330
480,493
(433,150)
2,579,960
160,164
1,004,370

P a g e | 107

Year 1
Jan
Feb
Net Income
311,220
Cash Flow from Operating Activities
Adjusted Depriciation
16,893
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
1,633
Cash Flow from Investing Activities
Invest expenese
(240,050)
Vehicles
(622,000)
Total Cash Flow from Investing Activities
(862,050)
Cash Flow from Financing Activities
Received money from investor
5,000,000
Dividend Expense
(77,805)
Total Cash Flow from Financing Activ ities
4,922,195
Cash flow at end of period
4,372,999
Cash balance at start of period
Cash balance at end of period

Mar

5,625,650
6,018,267

7,310,942
7,753,043

9,213,318
9,728,365

11,392,488
12,031,865

Sep

Oct

Nov

Dec

31,354

31,354

31,354

98,900

335,312

16,893

16,893

16,893

16,893

16,893

16,893

16,893

16,893

16,893

16,893

16,893

16,893

16,893

16,893

(91,328)
91,328
290,877

(57,555)
57,555
189,558

(74,441)
74,441
240,218

(15,339)
15,339
62,909

(15,339)
15,339
62,909

4,372,999
4,663,876

4,663,876
4,853,434

4,853,434
5,093,651

5,093,651
5,156,560

5,156,560
5,219,469

Mar

Apr

May

Jun

16,893

16,893

16,893

16,893

16,893
-

(7,839)
7,839
40,409

(7,839)
7,839
40,409

(24,725)
24,725
91,068

(83,828)
83,828
268,377

0
0
(74,491)

5,219,469
5,259,878

5,259,878
5,300,287

5,300,287
5,340,696

5,340,696
5,431,764

5,431,764
5,700,141

5,700,141
5,625,650

Aug

Sep

Oct

Nov

Dec

307,985

48,334

48,334

48,334

48,334

48,334

122,520

382,171

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,893

233,799

16,858

16,893
-

(7,839)
7,839
40,409

Jul

(91,385)

382,171

16,858

16,858

16,858

16,858

(145,492)
(16,858)
-

16,858

16,858

(16,858)

(95,543)
(95,543)
303,485

(58,450)
(58,450)
192,207

(76,996)
(76,996)
247,846

(12,083)
(12,083)
53,108

(12,083)
(12,083)
53,108

(12,083)
(12,083)
53,108

(12,083)
(12,083)
53,108

(12,083)
(12,083)
53,108

(30,630)
(30,630)
108,747

(95,543)
(95,543)
303,485

0
0
(128,634)

6,018,267
6,321,752

6,321,752
6,513,959

6,513,959
6,761,805

6,761,805
6,814,912

6,814,912
6,868,020

6,868,020
6,921,128

6,921,128
6,974,236

6,974,236
7,027,344

7,027,344
7,136,091

7,136,091
7,439,577

7,439,577
7,310,942

7,753,043
8,095,073

9,728,365
10,125,321

Apr
270,607

May

Jun

352,086

16,858

16,858
-

12,031,865
12,525,581

66,911

16,858
-

16,858

Oct

66,911

16,858
-

16,858

Sep

66,911

16,858
-

16,858

Aug

66,911

16,858
-

16,858

Jul

66,911

16,858
-

16,858

Nov
148,389
16,858

16,858

Dec
433,564
16,858

16,858

(204,731)
(16,858)
-

16,858

16,858

(16,858)

(67,652)
(67,652)
219,813

(88,021)
(88,021)
280,922

(16,728)
(16,728)
67,041

(16,728)
(16,728)
67,041

(16,728)
(16,728)
67,041

(16,728)
(16,728)
67,041

(16,728)
(16,728)
67,041

(37,097)
(37,097)
128,150

(108,391)
(108,391)
342,031

0
0
(187,874)

8,095,073
8,314,886

8,314,886
8,595,808

8,595,808
8,662,849

8,662,849
8,729,889

8,729,889
8,796,930

8,796,930
8,863,971

8,863,971
8,931,012

8,931,012
9,059,161

9,059,161
9,401,192

9,401,192
9,213,318

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

324,660

418,152

90,928

90,928

90,928

90,928

90,928

184,421

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223
-

13,223
-

13,223

13,223

13,223

13,223

13,223

285,198

13,223

13,223
-

13,223

Dec
511,645 -

13,223

13,223

(81,165)
(81,165)
256,717

(104,538)
(104,538)
326,837

(22,732)
(22,732)
81,419

(22,732)
(22,732)
81,419

(22,732)
(22,732)
81,419

(22,732)
(22,732)
81,419

(22,732)
(22,732)
81,419

(46,105)
(46,105)
151,538

(127,911)
(127,911)
396,956

0
0
(271,975)

10,125,321
10,382,038

10,382,038
10,708,874

10,708,874
10,790,293

10,790,293
10,871,712

10,871,712
10,953,131

10,953,131
11,034,550

11,034,550
11,115,969

11,115,969
11,267,507

11,267,507
11,664,463

11,664,463
11,392,488

Year 5
Jan
Feb
Mar
Apr
May
Jun
Net Income
855,220
640,658
416,912
528,785
137,229
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
13,223
13,223
13,223
13,223
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
(2,038)
13,223
13,223
13,223
13,223
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(213,805)
(160,164)
(104,228)
(132,196)
(34,307)
Total Cash Flow from Financing Activ ities
(213,805)
(160,164)
(104,228)
(132,196)
(34,307)
Cash flow at end of period
639,377
493,716
325,906
409,811
116,144
Cash balance at start of period
Cash balance at end of period

Aug

61,354

Year 4
Jan
Feb
Mar
Net Income
689,445
511,645
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
13,223
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
(2,038)
13,223
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(172,361)
(127,911)
Total Cash Flow from Financing Activ ities
(172,361)
(127,911)
Cash flow at end of period
515,047
396,956
Cash balance at start of period
Cash balance at end of period

Jul

61,354

Year 3
Jan
Feb
Mar
Net Income
587,337
433,564
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
16,858
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(146,834)
(108,391)
Total Cash Flow from Financing Activ ities
(146,834)
(108,391)
Cash flow at end of period
442,100
342,031
Cash balance at start of period
Cash balance at end of period

Jun

297,766

16,893

4,372,999

May

230,219

Year 2
Jan
Feb
Net Income
521,359
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(130,340)
Total Cash Flow from Financing Activ ities
(130,340)
Cash flow at end of period
392,616
Cash balance at start of period
Cash balance at end of period

Apr

365,312

12,525,581
12,851,487

12,851,487
13,261,298

13,261,298
13,377,443

Jul
137,229

Aug
137,229

13,223
-

Sep
137,229

13,223
-

13,223

Oct
137,229

13,223
-

13,223

Nov
249,102

13,223
-

13,223

Dec
640,658 -

13,223
-

13,223

433,150

13,223
-

13,223

13,223
-

13,223
-

13,223

(34,307)
(34,307)
116,144

(34,307)
(34,307)
116,144

(34,307)
(34,307)
116,144

(34,307)
(34,307)
116,144

(62,276)
(62,276)
200,049

(160,164)
(160,164)
493,716

0
0
(419,927)

13,377,443
13,493,587

13,493,587
13,609,731

13,609,731
13,725,876

13,725,876
13,842,020

13,842,020
14,042,069

14,042,069
14,535,785

14,535,785
14,115,857

P a g e | 108

Year 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
4,372,999
4,663,876
4,853,434
5,093,651
5,156,560
5,219,469
5,259,878
5,300,287
5,340,696
5,431,764
5,700,141
5,625,650
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
(1,272)
(2,543)
(3,815)
(5,087)
(6,358)
(7,630)
(8,902)
(10,173)
(11,445)
(12,717)
(13,988)
(15,260)
Total Current Assests
4,386,987
4,676,592
4,864,879
5,103,825
5,165,462
5,227,099
5,266,236
5,305,373
5,344,511
5,434,307
5,701,413
5,625,650
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
(10,370)
240,050
(5,252)
846,428

622,000
(20,740)
240,050
(10,503)
830,807

622,000
(31,110)
240,050
(15,755)
815,185

622,000
(41,480)
240,050
(21,007)
799,563

622,000
(51,850)
240,050
(26,258)
783,942

622,000
(62,220)
240,050
(31,510)
768,320

622,000
(72,590)
240,050
(36,762)
752,698

622,000
(82,960)
240,050
(42,013)
737,077

622,000
(93,330)
240,050
(47,265)
721,455

622,000
(103,700)
240,050
(52,517)
705,833

622,000
(114,070)
240,050
(57,768)
690,212

622,000
(124,440)
240,050
(63,020)
674,590

5,233,415

5,507,399

5,680,064

5,903,388

5,949,403

5,995,419

6,018,935

6,042,450

6,065,966

6,140,141

6,391,625

6,300,240

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
233,415

5,000,000
507,399

5,000,000
680,064

5,000,000
903,388

5,000,000
949,403

5,000,000
995,419

5,000,000
1,018,935

5,000,000
1,042,450

5,000,000
1,065,966

5,000,000
1,140,141

5,000,000
1,391,625

5,000,000
1,300,240

Total Liabilities and Owner's equity

5,233,415

5,507,399

5,680,064

5,903,388

5,949,403

5,995,419

6,018,935

6,042,450

6,065,966

6,140,141

6,391,625

6,300,240

Total Assests
Liabilities:
Current Liabilities

Year 2
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
6,018,267
6,321,752
6,513,959
6,761,805
6,814,912
6,868,020
6,921,128
6,974,236
7,027,344
7,136,091
7,439,577
7,310,942
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
6,032,255
6,334,469
6,525,404
6,771,978
6,823,814
6,875,650
6,927,486
6,979,323
7,031,159
7,138,634
7,440,848
7,310,942
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
134,810
177,030
5,216
659,004

622,000
145,180
177,030
10,432
643,418

622,000
155,550
177,030
15,648
627,833

622,000
165,920
177,030
20,863
612,247

622,000
176,290
177,030
26,079
596,661

622,000
186,660
177,030
31,295
581,075

622,000
197,030
177,030
36,511
565,489

622,000
207,400
177,030
41,727
549,903

622,000
217,770
177,030
46,943
534,318

622,000
228,140
177,030
52,158
518,732

622,000
238,510
177,030
57,374
503,146

622,000
248,880
177,030
62,590
487,560

6,691,259

6,977,887

7,153,236

7,384,225

7,420,475

7,456,725

7,492,976

7,529,226

7,565,476

7,657,366

7,943,994

7,798,502

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
1,691,259

5,000,000
1,977,887

5,000,000
2,153,236

5,000,000
2,384,225

5,000,000
2,420,475

5,000,000
2,456,725

5,000,000
2,492,976

5,000,000
2,529,226

5,000,000
2,565,476

5,000,000
2,657,366

5,000,000
2,943,994

5,000,000
2,798,502

Total Liabilities and Owner's equity

6,691,259

6,977,887

7,153,236

7,384,225

7,420,475

7,456,725

7,492,976

7,529,226

7,565,476

7,657,366

7,943,994

7,798,502

Total Assests
Liabilities:
Current Liabilities

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 3
Assests:
Current Assests
Cash
7,753,043
8,095,073
8,314,886
8,595,808
8,662,849
8,729,889
8,796,930
8,863,971
8,931,012
9,059,161
9,401,192
9,213,318
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
7,767,031
8,107,790
8,326,331
8,605,981
8,671,750
8,737,519
8,803,288
8,869,058
8,934,827
9,061,705
9,402,463
9,213,318
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
259,250
114,440
5,216
471,974

622,000
269,620
114,440
10,432
456,388

622,000
279,990
114,440
15,648
440,803

622,000
290,360
114,440
20,863
425,217

622,000
300,730
114,440
26,079
409,631

622,000
311,100
114,440
31,295
394,045

622,000
321,470
114,440
36,511
378,459

622,000
331,840
114,440
41,727
362,873

622,000
342,210
114,440
46,943
347,288

622,000
352,580
114,440
52,158
331,702

622,000
362,950
114,440
57,374
316,116

622,000
373,320
114,440
62,590
300,530

8,239,005

8,564,178

8,767,134

9,031,198

9,081,381

9,131,564

9,181,748

9,231,931

9,282,114

9,393,406

9,718,579

9,513,848

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
3,239,005

5,000,000
3,564,178

5,000,000
3,767,134

5,000,000
4,031,198

5,000,000
4,081,381

5,000,000
4,131,564

5,000,000
4,181,748

5,000,000
4,231,931

5,000,000
4,282,114

5,000,000
4,393,406

5,000,000
4,718,579

5,000,000
4,513,848

Total Liabilities and Owner's equity

8,239,005

8,564,178

8,767,134

9,031,198

9,081,381

9,131,564

9,181,748

9,231,931

9,282,114

9,393,406

9,718,579

9,513,848

Total Assests
Liabilities:
Current Liabilities

P a g e | 109

Year 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
9,728,365
10,125,321
10,382,038
10,708,874
10,790,293
10,871,712
10,953,131
11,034,550
11,115,969
11,267,507
11,664,463
11,392,488
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
9,742,363
10,138,047
10,393,493
10,719,058
10,799,205
10,879,352
10,959,499
11,039,646
11,119,794
11,270,060
11,665,744
11,392,498
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

622,000
383,690
51,840
1,581
288,569

622,000
394,060
51,840
3,162
276,618

622,000
404,430
51,840
4,743
264,668

622,000
414,800
51,840
6,323
252,717

622,000
425,170
51,840
7,904
240,766

622,000
435,540
51,840
9,485
228,815

622,000
445,910
51,840
11,066
216,864

622,000
456,280
51,840
12,647
204,913

622,000
466,650
51,840
14,228
192,963

622,000
477,020
51,840
15,808
181,012

622,000
487,390
51,840
17,389
169,061

622,000
497,760
51,840
18,970
157,110

10,030,932

10,414,666

10,658,160

10,971,774

11,039,971

11,108,167

11,176,363

11,244,560

11,312,756

11,451,072

11,834,805

11,549,608

5,000,000
5,030,932

5,000,000
5,414,666

5,000,000
5,658,160

5,000,000
5,971,774

5,000,000
6,039,971

5,000,000
6,108,167

5,000,000
6,176,363

5,000,000
6,244,560

5,000,000
6,312,756

5,000,000
6,451,072

5,000,000
6,834,805

5,000,000
6,549,608

10,030,932

10,414,666

10,658,160

10,971,774

11,039,971

11,108,167

11,176,363

11,244,560

11,312,756

11,451,072

11,834,805

11,549,608

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 5
Assests:
Current Assests
Cash
12,031,865
12,525,581
12,851,487
13,261,298
13,377,443
13,493,587
13,609,731
13,725,876
13,842,020
14,042,069
14,535,785
14,115,857
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
12,045,864
12,538,308
12,862,942
13,271,482
13,386,354
13,501,227
13,616,100
13,730,972
13,845,845
14,044,622
14,537,067
14,115,867
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

622,000
508,130
32,870
1,581
145,159

622,000
518,500
32,870
3,162
133,208

622,000
528,870
32,870
4,743
121,258

622,000
539,240
32,870
6,323
109,307

622,000
549,610
32,870
7,904
97,356

622,000
559,980
32,870
9,485
85,405

622,000
570,350
32,870
11,066
73,454

622,000
580,720
32,870
12,647
61,503

622,000
591,090
32,870
14,228
49,553

622,000
601,460
32,870
15,808
37,602

622,000
611,830
32,870
17,389
25,651

622,000
622,200
32,870
18,970
13,700

12,191,023

12,671,516

12,984,200

13,380,788

13,483,710

13,586,632

13,689,554

13,792,476

13,895,397

14,082,224

14,562,717

14,129,567

5,000,000
7,191,023

5,000,000
7,671,516

5,000,000
7,984,200

5,000,000
8,380,788

5,000,000
8,483,710

5,000,000
8,586,632

5,000,000
8,689,554

5,000,000
8,792,476

5,000,000
8,895,397

5,000,000
9,082,224

5,000,000
9,562,717

5,000,000
9,129,567

12,191,023

12,671,516

12,984,200

13,380,788

13,483,710

13,586,632

13,689,554

13,792,476

13,895,397

14,082,224

14,562,717

14,129,567

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

P a g e | 110

If sale decrease 15 percent


Year 1
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,082,781 869,616 656,451 763,033 389,994


389,994 389,994 389,994 389,994 496,577
869,616 1,189,364 7,877,407
(434,697) (349,119) (263,541) (306,330) (156,568) (156,568) (156,568) (156,568) (156,568) (199,357) (349,119) (477,486) (3,162,491)
648,084 520,497 392,910 456,703 233,426
233,426 233,426 233,426 233,426 297,219
520,497
711,878 4,714,916

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nim manhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)
(50,000)
(180,000)
(4,184)
(3,450)
(237,634)

Year 2
Revenue:

(50,000)
(30,000)
(3,450)
(83,450)

(50,000) (600,000)
(30,000) (360,000)
(4,184)
(3,450)
(41,400)
(83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622) (15,622)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893) (16,893)
(374,987) (185,803) (185,803) (185,803) (185,803) (185,803) (215,803) (215,803) (215,803) (215,803) (215,803)
273,098 334,694 207,107 270,901
47,623
47,623
17,623
17,623
17,623
81,417
304,694
273,098 334,694 207,107 270,901
47,623
47,623
17,623
17,623
17,623
81,417
304,694
204,823 251,021 155,330 203,176
35,717
35,717
13,217
13,217
13,217
61,063
228,521
68,274
83,674
51,777
67,725
11,906
11,906
4,406
4,406
4,406
20,354
76,174

(15,622) (187,460)
(1,272)
(15,260)
(16,893) (202,720)
(324,803) (2,707,814)
387,075 2,007,102
(437,131) (437,131)
(50,055) 1,569,971
(50,055) 1,164,965
391,789

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

(5,000)

1,177,618
472,771
704,848

(50,000)
(3,450)
(53,450)

Feb
943,499
378,780
564,719

(50,000)
(3,450)
(53,450)

Mar
709,379
284,790
424,590

(50,000)
(3,450)
(53,450)

Apr
826,439
331,785
494,654

(50,000)
(3,450)
(53,450)

May
416,730
167,302
249,428

(50,000)
(3,450)
(53,450)

Jun
416,730
167,302
249,428

(50,000)
(30,000)
(3,450)
(83,450)

Jul
416,730
167,302
249,428

(50,000)
(30,000)
(3,450)
(83,450)

Aug
416,730
167,302
249,428

(50,000)
(30,000)
(3,450)
(83,450)

Sep
416,730
167,302
249,428

(50,000)
(30,000)
(3,450)
(83,450)

Oct
533,790
214,297
319,493

Nov
943,499
378,780
564,719

Dec

Total

1,294,678
519,766
774,912

8,512,553
3,417,479
5,095,075

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nim manhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expenese
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)

(5,000)

(50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000) (50,000)
(50,000) (600,000)
(30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000) (30,000)
(30,000) (360,000)
(4,184) (4,184)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(3,450)
(41,400)
(87,634) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450) (83,450)
(83,450) (1,005,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000) (109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586) (15,586)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(1,272)
(16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858) (16,858)
(224,951) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767) (215,767)
479,897 348,952 208,823 278,887
33,662
33,662
33,662
33,662
33,662 103,726
348,952
479,897 348,952 208,823 278,887
33,662
33,662
33,662
33,662
33,662 103,726
348,952
359,923 261,714 156,617 209,166
25,246
25,246
25,246
25,246
25,246
77,795
261,714
119,974
87,238
52,206
69,722
8,415
8,415
8,415
8,415
8,415
25,932
87,238

(15,586) (187,030)
(1,272)
(15,260)
(16,858) (202,290)
(324,767) (2,707,384)
450,146 2,387,690
(551,307) (551,307)
(101,162) 1,836,383
(101,162) 1,351,997
484,386

P a g e | 111

Year 3
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

1,281,727 1,024,594
(514,567) (411,337)
767,161
613,257

Apr

May

Jun

Jul

Aug

Sep

Oct

767,460
(308,107)
459,353

896,027
(359,722)
536,305

446,044
(179,070)
266,973

446,044
(179,070)
266,973

446,044
(179,070)
266,973

446,044
(179,070)
266,973

446,044
(179,070)
266,973

Nov

Dec

574,610 1,024,594
(230,685) (411,337)
343,925
613,257

Total

1,410,294
9,209,524
(566,181) (3,697,287)
844,112
5,512,237

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 4
Revenue:

(50,000)
(30,000)
(4,184)
(3,450)
(87,634)

(5,000)
(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(50,000)
(30,000)
(3,450)
(83,450)

(5,000)
(0)
(50,000)
(600,000)
(30,000)
(360,000)
(4,184)
(3,450)
(41,400)
(83,450) (1,005,584)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(15,586)
(1,272)
(16,858)
(224,951)
542,210

(15,586)
(1,272)
(16,858)
(215,767)
397,490

(15,586)
(1,272)
(16,858)
(215,767)
243,586

(15,586)
(1,272)
(16,858)
(215,767)
320,538

(15,586)
(1,272)
(16,858)
(215,767)
51,207

(15,586)
(1,272)
(16,858)
(215,767)
51,207

(15,586)
(1,272)
(16,858)
(215,767)
51,207

(15,586)
(1,272)
(16,858)
(215,767)
51,207

(15,586)
(1,272)
(16,858)
(215,767)
51,207

(15,586)
(1,272)
(16,858)
(215,767)
128,159

(15,586)
(1,272)
(16,858)
(215,767)
397,490

542,210
406,657
135,552

397,490
298,118
99,373

243,586
182,690
60,897

320,538
240,404
80,135

51,207
38,405
12,802

51,207
38,405
12,802

51,207
38,405
12,802

51,207
38,405
12,802

51,207
38,405
12,802

128,159
96,119
32,040

397,490
298,118
99,373

(15,586)
(187,030)
(1,272)
(15,260)
(16,858)
(202,290)
(324,767) (2,707,384)
519,346
2,804,853
(676,456)
(676,456)
(157,110) 2,128,397
(157,110)
1,557,020
571,377

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

Mar

1,452,890 1,157,842
(583,282) (464,831)
869,608
693,011

Apr

May

862,794 1,010,318
(346,380) (405,606)
516,414
604,712

Jun

Jul

Aug

Sep

Oct

493,985
(198,317)
295,668

493,985
(198,317)
295,668

493,985
(198,317)
295,668

493,985
(198,317)
295,668

493,985
(198,317)
295,668

Nov

Dec

641,509 1,157,842
(257,542) (464,831)
383,966
693,011

Total

1,600,414 10,353,532
(642,508) (4,156,565)
957,906
6,196,968

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 5 Year 5
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit
Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,000)

(5,000)

(60,000)
(30,000)
(4,184)
(3,450)
(97,634)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(30,000)
(3,450)
(93,450)

(60,000)
(720,000)
(30,000)
(360,000)
(4,184)
(3,450)
(41,400)
(93,450) (1,125,584)

(105,640)
(3,360)
(0)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(105,640)
(3,360)
(4,644)
(420)
(1,395)
(115,459)

(11,951)
(1,272)
(13,223)
(231,316)
638,292

(11,951)
(1,272)
(13,223)
(222,132)
470,879

(11,951)
(1,272)
(13,223)
(222,132)
294,282

(11,951)
(1,272)
(13,223)
(222,132)
382,581

(11,951)
(1,272)
(13,223)
(222,132)
73,536

(11,951)
(1,272)
(13,223)
(222,132)
73,536

(11,951)
(1,272)
(13,223)
(222,132)
73,536

(11,951)
(1,272)
(13,223)
(222,132)
73,536

(11,951)
(1,272)
(13,223)
(222,132)
73,536

(11,951)
(1,272)
(13,223)
(222,132)
161,835

(11,951)
(1,272)
(13,223)
(222,132)
470,879

638,292
478,719
159,573

470,879
353,159
117,720

294,282
220,712
73,571

382,581
286,936
95,645

73,536
55,152
18,384

73,536
55,152
18,384

73,536
55,152
18,384

73,536
55,152
18,384

73,536
55,152
18,384

161,835
121,376
40,459

470,879
353,159
117,720

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)
(0)
(11,951)
(143,410)
(1,272)
(15,260)
(13,223)
(158,670)
(331,132) (2,783,764)
626,774
3,413,204
(858,961)
(858,961)
(232,187) 2,554,243
(232,187)
1,857,635
696,607

Jan

Feb

Mar

Apr

May

1,714,469 1,361,415 1,008,361 1,184,888


(688,297) (546,558) (404,820) (475,689)
1,026,173
814,857
603,541
709,199

Jun

Jul

Aug

Sep

567,043
(227,647)
339,396

567,043
(227,647)
339,396

567,043
(227,647)
339,396

567,043
(227,647)
339,396

567,043
(227,647)
339,396

(60,000)
(30,000)

(60,000)
(30,000)

(60,000)
(30,000)

(60,000)
(30,000)

(60,000)
(30,000)

Oct

Nov

Dec

743,571 1,361,415
(298,516) (546,558)
445,054
814,857

(5,000)
(60,000)
(30,000)
(4,184) (3,450)
(97,634)

Total

1,890,996 12,100,333
(759,166) (4,857,841)
1,131,830
7,242,492

(5,000)
(60,000)
(30,000)

(60,000)
(30,000)

(3,450)
(93,450)

(720,000)
(360,000)
(4,184)
(3,450)
(41,400)
(93,450) (1,125,584)

(105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640) (105,640)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(3,360)
(0) (4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(4,644)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(420)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(1,395)
(115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459) (115,459)

(105,640) (1,267,680)
(3,360)
(40,320)
(109,000)
(109,000)
(4,644)
(55,730)
(420)
(5,040)
(1,395)
(16,740)
(224,459) (1,494,510)

(3,450)
(93,450)

(60,000)
(30,000)
-

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(3,450)
(93,450)

(60,000)
(30,000)
-

(3,450)
(93,450)

(60,000)
(30,000)
-

(3,450)
(93,450)

(11,951)
(1,272)
(13,223)
(231,316)
794,857

(11,951)
(1,272)
(13,223)
(222,132)
592,725

(11,951)
(1,272)
(13,223)
(222,132)
381,409

(11,951)
(1,272)
(13,223)
(222,132)
487,067

(11,951)
(1,272)
(13,223)
(222,132)
117,265

(11,951)
(1,272)
(13,223)
(222,132)
117,265

(11,951)
(1,272)
(13,223)
(222,132)
117,265

(11,951)
(1,272)
(13,223)
(222,132)
117,265

(11,951)
(1,272)
(13,223)
(222,132)
117,265

(11,951)
(1,272)
(13,223)
(222,132)
222,922

794,857
596,143
198,714

592,725
444,544
148,181

381,409
286,057
95,352

487,067
365,300
121,767

117,265
87,948
29,316

117,265
87,948
29,316

117,265
87,948
29,316

117,265
87,948
29,316

117,265
87,948
29,316

222,922
167,192
55,731

(60,000)
(30,000)

(11,951)
(1,272)
(13,223)
(222,132)
592,725

(11,951)
(143,410)
(1,272)
(15,260)
(13,223)
(158,670)
(331,132) (2,783,764)
800,699
4,458,728
(1,172,618) (1,172,618)
592,725
(371,920) 3,286,109
444,544
(371,920)
2,371,602
148,181
914,507

P a g e | 112

Year 1
Jan
Feb
Net Income
273,098
Cash Flow from Operating Activities
Adjusted Depriciation
16,893
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
1,633
Cash Flow from Investing Activities
Invest expenese
(240,050)
Vehicles
(622,000)
Total Cash Flow from Investing Activities
(862,050)
Cash Flow from Financing Activities
Received money from investor
5,000,000
Dividend Expense
(68,274)
Total Cash Flow from Financing Activities
4,931,726
Cash flow at end of period
4,344,407
Cash balance at start of period
Cash balance at end of period

Mar

16,893

4,344,407

5,490,375
5,851,895

7,029,402
7,437,657

16,893

8,773,452
9,250,133

10,774,497
11,368,602

Jul

16,893

16,893

(83,674)
(83,674)
267,914

(51,777)
(51,777)
172,224

(67,725)
(67,725)
220,069

(11,906)
(11,906)
52,611

(11,906)
(11,906)
52,611

4,344,407
4,612,321

4,612,321
4,784,544

4,784,544
5,004,613

5,004,613
5,057,224

5,057,224
5,109,835

Mar

Apr

May

Jun

16,893

(4,406)
(4,406)
30,111

(4,406)
(4,406)
30,111

(20,354)
(20,354)
77,956

(76,174)
(76,174)
245,414

0
0
(33,162)

5,109,835
5,139,945

5,139,945
5,170,056

5,170,056
5,200,167

5,200,167
5,278,123

5,278,123
5,523,537

5,523,537
5,490,375

Aug

Sep

Oct

Nov

Dec

348,952

208,823

278,887

33,662

33,662

33,662

33,662

33,662

103,726

348,952

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

16,858

(87,238)
(87,238)
278,571

(52,206)
(52,206)
173,475

(69,722)
(69,722)
226,023

5,851,895
6,130,466

6,130,466
6,303,941

6,303,941
6,529,964

Mar
397,490

Apr
243,586

16,858

16,858

16,858

16,858

16,858

(16,858)

(8,415)
(8,415)
42,104

(8,415)
(8,415)
42,104

(25,932)
(25,932)
94,652

(87,238)
(87,238)
278,571

0
0
(84,304)

6,529,964
6,572,068

6,572,068
6,614,171

6,614,171
6,656,275

6,656,275
6,698,379

6,698,379
6,740,482

6,740,482
6,835,134

6,835,134
7,113,706

7,113,706
7,029,402

Jul

51,207

Aug

51,207

16,858
-

51,207

16,858
-

16,858

Oct

51,207

16,858
-

16,858

Sep

51,207

16,858
-

16,858

16,858

(8,415)
(8,415)
42,104

Jun

(16,858)
-

(8,415)
(8,415)
42,104

16,858
-

16,858
-

May

16,858

(101,162)

(8,415)
(8,415)
42,104

320,538

16,858
-

16,858

16,858

16,893

(4,406)
(4,406)
30,111

Jul

16,893

16,893

(50,055)

16,893

16,893

304,694

16,893

16,893

Dec

81,417

16,893

16,893

Nov

17,623

16,893

16,893

Oct

17,623

16,893

16,893

Sep

17,623

16,893

16,893

Aug

47,623

16,858
-

16,858

Nov
128,159
16,858

16,858

Dec
397,490
16,858

16,858

(157,110)
(16,858)
-

16,858

16,858

(16,858)

(99,373)
(99,373)
314,975

(60,897)
(60,897)
199,547

(80,135)
(80,135)
257,261

(12,802)
(12,802)
55,263

(12,802)
(12,802)
55,263

(12,802)
(12,802)
55,263

(12,802)
(12,802)
55,263

(12,802)
(12,802)
55,263

(32,040)
(32,040)
112,976

(99,373)
(99,373)
314,975

0
0
(140,253)

7,437,657
7,752,632

7,752,632
7,952,179

7,952,179
8,209,440

8,209,440
8,264,703

8,264,703
8,319,965

8,319,965
8,375,228

8,375,228
8,430,490

8,430,490
8,485,753

8,485,753
8,598,729

8,598,729
8,913,704

8,913,704
8,773,452

9,250,133
9,616,515

Year 5
Jan
Feb
Mar
Net Income
794,857
592,725
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
13,223
Prepaid Car Insurance
(15,260)
Total Cash Flow from Operating Activities
(2,038)
13,223
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(198,714)
(148,181)
Total Cash Flow from Financing Activities
(198,714)
(148,181)
Cash flow at end of period
594,105
457,766
Cash balance at start of period
Cash balance at end of period

Jun
47,623

16,893

Year 4
Jan
Feb
Mar
Net Income
638,292
470,879
Cash Flow from Operating Activities
Adjusted Depriciation
13,223
13,223
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
(2,038)
13,223
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(159,573)
(117,720)
Total Cash Flow from Financing Activities
(159,573)
(117,720)
Cash flow at end of period
476,682
366,382
Cash balance at start of period
Cash balance at end of period

May
270,901

16,893

Year 3
Jan
Feb
Net Income
542,210
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(135,552)
Total Cash Flow from Financing Activities
(135,552)
Cash flow at end of period
408,255
Cash balance at start of period
Cash balance at end of period

207,107

Year 2
Jan
Feb
Net Income
479,897
Cash Flow from Operating Activities
Adjusted Depriciation
16,858
Prepaid Car Insurance
(15,260) Total Cash Flow from Operating Activities
1,598
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(119,974)
Total Cash Flow from Financing Activities
(119,974)
Cash flow at end of period
361,520
Cash balance at start of period
Cash balance at end of period

Apr

334,694

11,368,602
11,826,369

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

294,282

382,581

73,536

73,536

73,536

73,536

73,536

161,835

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

13,223

Dec
470,879 -

13,223

232,187

13,223

13,223
-

13,223

13,223

13,223

(73,571)
(73,571)
233,934

(95,645)
(95,645)
300,158

(18,384)
(18,384)
68,375

(18,384)
(18,384)
68,375

(18,384)
(18,384)
68,375

(18,384)
(18,384)
68,375

(18,384)
(18,384)
68,375

(40,459)
(40,459)
134,599

(117,720)
(117,720)
366,382

0
0
(218,964)

9,616,515
9,850,449

9,850,449
10,150,607

10,150,607
10,218,982

10,218,982
10,287,357

10,287,357
10,355,732

10,355,732
10,424,106

10,424,106
10,492,481

10,492,481
10,627,079

10,627,079
10,993,461

10,993,461
10,774,497

Apr
381,409

May
487,067

13,223
-

13,223
-

13,223
-

Jun
117,265
13,223
-

13,223
-

Jul
117,265

Aug
117,265

13,223
-

13,223

Sep
117,265

13,223
-

13,223

Oct
117,265

13,223
-

13,223

Nov
222,922

13,223
-

13,223

371,920

13,223
-

13,223

Dec
592,725 -

13,223
-

13,223

13,223
-

13,223
-

13,223
-

(95,352)
(95,352)
299,279

(121,767)
(121,767)
378,523

(29,316)
(29,316)
101,171

(29,316)
(29,316)
101,171

(29,316)
(29,316)
101,171

(29,316)
(29,316)
101,171

(29,316)
(29,316)
101,171

(55,731)
(55,731)
180,414

(148,181)
(148,181)
457,766

0
0
(358,697)

11,826,369
12,125,648

12,125,648
12,504,171

12,504,171
12,605,342

12,605,342
12,706,513

12,706,513
12,807,684

12,807,684
12,908,855

12,908,855
13,010,026

13,010,026
13,190,440

13,190,440
13,648,206

13,648,206
13,289,509

P a g e | 113

Year 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
4,344,407
4,612,321
4,784,544
5,004,613
5,057,224
5,109,835
5,139,945
5,170,056
5,200,167
5,278,123
5,523,537
5,490,375
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
(1,272)
(2,543)
(3,815)
(5,087)
(6,358)
(7,630)
(8,902)
(10,173)
(11,445)
(12,717)
(13,988)
(15,260)
Total Current Assests
4,358,395
4,625,037
4,795,989
5,014,787
5,066,126
5,117,465
5,146,304
5,175,143
5,203,982
5,280,666
5,524,808
5,490,375
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
(10,370)
240,050
(5,252)
846,428

622,000
(20,740)
240,050
(10,503)
830,807

622,000
(31,110)
240,050
(15,755)
815,185

622,000
(41,480)
240,050
(21,007)
799,563

622,000
(51,850)
240,050
(26,258)
783,942

622,000
(62,220)
240,050
(31,510)
768,320

622,000
(72,590)
240,050
(36,762)
752,698

622,000
(82,960)
240,050
(42,013)
737,077

622,000
(93,330)
240,050
(47,265)
721,455

622,000
(103,700)
240,050
(52,517)
705,833

622,000
(114,070)
240,050
(57,768)
690,212

622,000
(124,440)
240,050
(63,020)
674,590

5,204,823

5,455,844

5,611,174

5,814,350

5,850,067

5,885,785

5,899,002

5,912,219

5,925,437

5,986,499

6,215,020

6,164,965

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
204,823

5,000,000
455,844

5,000,000
611,174

5,000,000
814,350

5,000,000
850,067

5,000,000
885,785

5,000,000
899,002

5,000,000
912,219

5,000,000
925,437

5,000,000
986,499

5,000,000
1,215,020

5,000,000
1,164,965

Total Liabilities and Owner's equity

5,204,823

5,455,844

5,611,174

5,814,350

5,850,067

5,885,785

5,899,002

5,912,219

5,925,437

5,986,499

6,215,020

6,164,965

Total Assests
Liabilities:
Current Liabilities

Year 2
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
5,851,895
6,130,466
6,303,941
6,529,964
6,572,068
6,614,171
6,656,275
6,698,379
6,740,482
6,835,134
7,113,706
7,029,402
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
5,865,883
6,143,183
6,315,386
6,540,137
6,580,969
6,621,801
6,662,633
6,703,465
6,744,297
6,837,678
7,114,977
7,029,402
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
134,810
177,030
5,216
659,004

622,000
145,180
177,030
10,432
643,418

622,000
155,550
177,030
15,648
627,833

622,000
165,920
177,030
20,863
612,247

622,000
176,290
177,030
26,079
596,661

622,000
186,660
177,030
31,295
581,075

622,000
197,030
177,030
36,511
565,489

622,000
207,400
177,030
41,727
549,903

622,000
217,770
177,030
46,943
534,318

622,000
228,140
177,030
52,158
518,732

622,000
238,510
177,030
57,374
503,146

622,000
248,880
177,030
62,590
487,560

6,524,887

6,786,601

6,943,219

7,152,384

7,177,630

7,202,876

7,228,123

7,253,369

7,278,615

7,356,409

7,618,123

7,516,962

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
1,524,887

5,000,000
1,786,601

5,000,000
1,943,219

5,000,000
2,152,384

5,000,000
2,177,630

5,000,000
2,202,876

5,000,000
2,228,123

5,000,000
2,253,369

5,000,000
2,278,615

5,000,000
2,356,409

5,000,000
2,618,123

5,000,000
2,516,962

Total Liabilities and Owner's equity

6,524,887

6,786,601

6,943,219

7,152,384

7,177,630

7,202,876

7,228,123

7,253,369

7,278,615

7,356,409

7,618,123

7,516,962

Total Assests
Liabilities:
Current Liabilities

Year 3
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
7,437,657
7,752,632
7,952,179
8,209,440
8,264,703
8,319,965
8,375,228
8,430,490
8,485,753
8,598,729
8,913,704
8,773,452
Prepaid Car Insurance
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
15,260
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
7,451,645
7,765,348
7,963,624
8,219,614
8,273,604
8,327,595
8,381,586
8,435,577
8,489,568
8,601,273
8,914,976
8,773,452
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
259,250
114,440
5,216
471,974

622,000
269,620
114,440
10,432
456,388

622,000
279,990
114,440
15,648
440,803

622,000
290,360
114,440
20,863
425,217

622,000
300,730
114,440
26,079
409,631

622,000
311,100
114,440
31,295
394,045

622,000
321,470
114,440
36,511
378,459

622,000
331,840
114,440
41,727
362,873

622,000
342,210
114,440
46,943
347,288

622,000
352,580
114,440
52,158
331,702

622,000
362,950
114,440
57,374
316,116

622,000
373,320
114,440
62,590
300,530

7,923,619

8,221,737

8,404,427

8,644,830

8,683,235

8,721,640

8,760,045

8,798,450

8,836,855

8,932,974

9,231,092

9,073,982

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
2,923,619

5,000,000
3,221,737

5,000,000
3,404,427

5,000,000
3,644,830

5,000,000
3,683,235

5,000,000
3,721,640

5,000,000
3,760,045

5,000,000
3,798,450

5,000,000
3,836,855

5,000,000
3,932,974

5,000,000
4,231,092

5,000,000
4,073,982

Total Liabilities and Owner's equity

7,923,619

8,221,737

8,404,427

8,644,830

8,683,235

8,721,640

8,760,045

8,798,450

8,836,855

8,932,974

9,231,092

9,073,982

Total Assests
Liabilities:
Current Liabilities

P a g e | 114

Year 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
9,250,133
9,616,515
9,850,449 10,150,607 10,218,982 10,287,357 10,355,732 10,424,106 10,492,481 10,627,079 10,993,461 10,774,497
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
9,264,132
9,629,242
9,861,904 10,160,791 10,227,894 10,294,997 10,362,100 10,429,203 10,496,306 10,629,633 10,994,743 10,774,507
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
383,690
51,840
1,581
288,569

622,000
394,060
51,840
3,162
276,618

622,000
404,430
51,840
4,743
264,668

622,000
414,800
51,840
6,323
252,717

622,000
425,170
51,840
7,904
240,766

622,000
435,540
51,840
9,485
228,815

622,000
445,910
51,840
11,066
216,864

622,000
456,280
51,840
12,647
204,913

622,000
466,650
51,840
14,228
192,963

622,000
477,020
51,840
15,808
181,012

622,000
487,390
51,840
17,389
169,061

622,000
497,760
51,840
18,970
157,110

9,552,701

9,905,860

10,126,572

10,413,507

10,468,660

10,523,812

10,578,964

10,634,116

10,689,268

10,810,644

11,163,804

10,931,617

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
4,552,701

5,000,000
4,905,860

5,000,000
5,126,572

5,000,000
5,413,507

5,000,000
5,468,660

5,000,000
5,523,812

5,000,000
5,578,964

5,000,000
5,634,116

5,000,000
5,689,268

5,000,000
5,810,644

5,000,000
6,163,804

5,000,000
5,931,617

Total Liabilities and Owner's equity

9,552,701

9,905,860

10,126,572

10,413,507

10,468,660

10,523,812

10,578,964

10,634,116

10,689,268

10,810,644

11,163,804

10,931,617

Total Assests
Liabilities:
Current Liabilities

Year 5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
11,368,602 11,826,369 12,125,648 12,504,171 12,605,342 12,706,513 12,807,684 12,908,855 13,010,026 13,190,440 13,648,206 13,289,509
Prepaid Car Insurance
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
15,270
Less:Accumulated Depreciation Car Insurance
1,272
2,543
3,815
5,087
6,358
7,630
8,902
10,173
11,445
12,717
13,988
15,260
Total Current Assests
11,382,601 11,839,095 12,137,103 12,514,354 12,614,254 12,714,153 12,814,052 12,913,951 13,013,851 13,192,993 13,649,488 13,289,519
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

622,000
508,130
32,870
1,581
145,159

622,000
518,500
32,870
3,162
133,208

622,000
528,870
32,870
4,743
121,258

622,000
539,240
32,870
6,323
109,307

622,000
549,610
32,870
7,904
97,356

622,000
559,980
32,870
9,485
85,405

622,000
570,350
32,870
11,066
73,454

622,000
580,720
32,870
12,647
61,503

622,000
591,090
32,870
14,228
49,553

622,000
601,460
32,870
15,808
37,602

622,000
611,830
32,870
17,389
25,651

622,000
622,200
32,870
18,970
13,700

11,527,760

11,972,304

12,258,361

12,623,661

12,711,609

12,799,558

12,887,506

12,975,455

13,063,403

13,230,595

13,675,139

13,303,219

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
6,527,760

5,000,000
6,972,304

5,000,000
7,258,361

5,000,000
7,623,661

5,000,000
7,711,609

5,000,000
7,799,558

5,000,000
7,887,506

5,000,000
7,975,455

5,000,000
8,063,403

5,000,000
8,230,595

5,000,000
8,675,139

5,000,000
8,303,219

Total Liabilities and Owner's equity

11,527,760

11,972,304

12,258,361

12,623,661

12,711,609

12,799,558

12,887,506

12,975,455

13,063,403

13,230,595

13,675,139

13,303,219

Total Assests
Liabilities:
Current Liabilities

P a g e | 115

If cost increase 5 percent


Year 1
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

1,272,489 1,022,000
(536,411) (430,834)
736,078
591,166

Mar
771,012
(325,025)
445,987

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

895,707 457,976 457,976 457,976 457,976 457,976 582,671 1,022,000 1,397,683


9,253,442
(377,567) (193,082) (193,082) (193,082) (193,082) (193,082) (245,624) (430,834) (589,174) (3,900,881)
518,140 264,894 264,894 264,894 264,894 264,894 337,047
591,166
808,509
5,352,561

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

Year 2
Revenue:

(52,500)
(189,000)
(4,393)
(3,623)
(249,516)

(52,500)
(3,623)
(56,123)

(52,500)
(3,623)
(56,123)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(16,403)
(1,335)
(17,738)
(393,736)
342,342
342,342
256,756
85,585

(16,403)
(1,335)
(17,738)
(195,093)
396,073
396,073
297,055
99,018

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

(5,250)

Feb

1,383,857 1,108,629
(583,353) (467,318)
800,504
641,312

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500) (630,000)
(31,500) (378,000)
(4,393)
(3,623)
(43,470)
(87,623) (1,055,863)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922) (110,922) (110,922) (110,922) (110,922) (110,922) (110,922)


(3,528)
(3,528)
(3,528)
(3,528)
(3,528)
(3,528)
(3,528)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(441)
(441)
(441)
(441)
(441)
(441)
(441)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(121,232) (121,232) (121,232) (121,232) (121,232) (121,232) (121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922) (1,331,064)
(3,528)
(42,336)
(114,450) (114,450)
(4,876)
(58,517)
(441)
(5,292)
(1,465)
(17,577)
(235,682) (1,569,236)

(16,403)
(1,335)
(17,738)
(195,093)
250,894
250,894
188,170
62,723

(16,403) (16,403) (16,403) (16,403) (16,403) (16,403) (16,403)


(1,335)
(1,335)
(1,335)
(1,335)
(1,335)
(1,335)
(1,335)
(17,738) (17,738) (17,738) (17,738) (17,738) (17,738) (17,738)
(195,093) (195,093) (195,093) (226,593) (226,593) (226,593) (226,593)
323,047
69,801
69,801
38,301
38,301
38,301 110,454
323,047
69,801
69,801
38,301
38,301
38,301 110,454
242,285
52,351
52,351
28,726
28,726
28,726
82,840
80,762
17,450
17,450
9,575
9,575
9,575
27,613

(16,403)
(1,335)
(17,738)
(226,593)
364,573
364,573
273,430
91,143

(16,403) (196,837)
(1,335)
(16,023)
(17,738) (212,860)
(341,043) (2,843,208)
467,466
2,509,353
(587,806)
587,806
(120,339) 1,921,547
(120,339) 1,411,075
481,746

Mar
833,001
(351,135)
481,866

(52,500)
(3,623)
(56,123)

Apr

(52,500)
(3,623)
(56,123)

May

(52,500)
(3,623)
(56,123)

Jun

(52,500)
(31,500)
(3,623)
(87,623)

Jul

(52,500)
(31,500)
(3,623)
(87,623)

Aug

(52,500)
(31,500)
(3,623)
(87,623)

Sep

Oct

Nov

Dec

970,965 489,140 489,140 489,140 489,140 489,140 627,104 1,108,629 1,521,322


(409,305) (206,193) (206,193) (206,193) (206,193) (206,193) (264,363) (467,318) (641,292)
561,660 282,947 282,947 282,947 282,947 282,947 362,741
641,312
880,030

Total
9,999,212
4,215,052
5,784,160

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expenese
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

(5,250)

(52,500) (52,500) (52,500) (52,500) (52,500) (52,500) (52,500) (52,500) (52,500) (52,500) (52,500) (52,500) (630,000)
(31,500) (31,500) (31,500) (31,500) (31,500) (31,500) (31,500) (31,500) (31,500) (31,500) (31,500) (31,500) (378,000)
(4,393) (4,393)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(43,470)
(92,016) (87,623) (87,623) (87,623) (87,623) (87,623) (87,623) (87,623) (87,623) (87,623) (87,623) (87,623) (1,055,863)

(110,922)
(3,528)

(110,922)
(3,528)

(110,922)
(3,528)

(110,922) (110,922) (110,922) (110,922) (110,922) (110,922) (110,922) (110,922)


(3,528)
(3,528)
(3,528)
(3,528)
(3,528)
(3,528)
(3,528)
(3,528)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(4,876)
(441)
(441)
(441)
(441)
(441)
(441)
(441)
(441)
(441)
(441)
(441)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(1,465)
(121,232) (121,232) (121,232) (121,232) (121,232) (121,232) (121,232) (121,232) (121,232) (121,232) (121,232)

(110,922) (1,331,064)
(3,528)
(42,336)
(114,450) (114,450)
(4,876)
(58,517)
(441)
(5,292)
(1,465)
(17,577)
(235,682) (1,569,236)

(16,365)
(1,335)
(17,701)
(236,199)
564,306
564,306
423,229
141,076

(16,365)
(1,335)
(17,701)
(226,555)
414,756
414,756
311,067
103,689

(16,365)
(1,335)
(17,701)
(226,555)
255,311
255,311
191,483
63,828

(16,365) (196,385)
(1,335)
(16,023)
(17,701) (212,408)
(341,005) (2,842,757)
539,025 2,941,403
(717,421) (717,421)
(178,396) 2,223,982
(178,396) 1,623,388
600,595

(16,365) (16,365) (16,365) (16,365) (16,365) (16,365) (16,365)


(1,335)
(1,335)
(1,335)
(1,335)
(1,335)
(1,335)
(1,335)
(17,701) (17,701) (17,701) (17,701) (17,701) (17,701) (17,701)
(226,555) (226,555) (226,555) (226,555) (226,555) (226,555) (226,555)
335,105
56,392
56,392
56,392
56,392
56,392 136,186
335,105
56,392
56,392
56,392
56,392
56,392 136,186
251,329
42,294
42,294
42,294
42,294
42,294 102,139
83,776
14,098
14,098
14,098
14,098
14,098
34,046

(16,365)
(1,335)
(17,701)
(226,555)
414,756
414,756
311,067
103,689

P a g e | 116

Year 3
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,506,603
(635,116)
871,487

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,204,440
(507,741)
696,699

901,478
(379,987)
521,491

1,053,109
(443,911)
609,198

523,500
(220,681)
302,819

523,500
(220,681)
302,819

523,500
(220,681)
302,819

523,500
(220,681)
302,819

523,500
(220,681)
302,819

675,131
(284,605)
390,526

1,204,440
(507,741)
696,699

1,658,133
(698,946)
959,187

10,820,831
(4,561,452)
6,259,379

(52,500)
(31,500)
(4,393)
(3,623)
(92,016)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(52,500)
(31,500)
(3,623)
(87,623)

(5,250)
(0)
(630,000)
(378,000)
(4,393)
(43,470)
(1,055,863)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(114,450)
(4,876)
(441)
(1,465)
(235,682)

(1,331,064)
(42,336)
(114,450)
(58,517)
(5,292)
(17,577)
(1,569,236)

(16,365)
(1,335)
(17,701)
(236,199)
635,288

(16,365)
(1,335)
(17,701)
(226,555)
470,144

(16,365)
(1,335)
(17,701)
(226,555)
294,935

(16,365)
(1,335)
(17,701)
(226,555)
382,642

(16,365)
(1,335)
(17,701)
(226,555)
76,263

(16,365)
(1,335)
(17,701)
(226,555)
76,263

(16,365)
(1,335)
(17,701)
(226,555)
76,263

(16,365)
(1,335)
(17,701)
(226,555)
76,263

(16,365)
(1,335)
(17,701)
(226,555)
76,263

(16,365)
(1,335)
(17,701)
(226,555)
163,970

(16,365)
(1,335)
(17,701)
(226,555)
470,144

635,288
476,466
158,822

470,144
352,608
117,536

294,935
221,202
73,734

382,642
286,982
95,661

76,263
57,198
19,066

76,263
57,198
19,066

76,263
57,198
19,066

76,263
57,198
19,066

76,263
57,198
19,066

163,970
122,978
40,993

470,144
352,608
117,536

(16,365)
(1,335)
(17,701)
(341,005)
618,182
(859,987)
(241,805)
(241,805)
-

(196,385)
(16,023)
(212,408)
(2,842,757)
3,416,622
(859,987)
2,556,636
1,857,026
699,610

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 4
Revenue:

(5,250)

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,707,759
(719,924)
987,835

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,360,905
(573,669)
787,236

1,013,253
(427,131)
586,122

1,187,428
(500,547)
686,881

579,610
(244,326)
335,284

579,610
(244,326)
335,284

579,610
(244,326)
335,284

579,610
(244,326)
335,284

579,610
(244,326)
335,284

753,087
(317,448)
435,639

1,360,905
(573,669)
787,236

1,880,737
(792,815)
1,087,922

12,162,122
(5,126,832)
7,035,290

(63,000)
(31,500)
(4,393)
(3,623)
(102,516)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(63,000)
(31,500)
(3,623)
(98,123)

(756,000)
(378,000)
(4,393)
(43,470)
(1,181,863)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(4,876)
(441)
(1,465)
(121,232)

(110,922)
(3,528)
(114,450)
(4,876)
(441)
(1,465)
(235,682)

(12,548)
(1,335)
(13,884)
(242,881)
744,954

(12,548)
(1,335)
(13,884)
(233,238)
553,998

(12,548)
(1,335)
(13,884)
(233,238)
352,884

(12,548)
(1,335)
(13,884)
(233,238)
453,643

(12,548)
(1,335)
(13,884)
(233,238)
102,046

(12,548)
(1,335)
(13,884)
(233,238)
102,046

(12,548)
(1,335)
(13,884)
(233,238)
102,046

(12,548)
(1,335)
(13,884)
(233,238)
102,046

(12,548)
(1,335)
(13,884)
(233,238)
102,046

(12,548)
(1,335)
(13,884)
(233,238)
202,401

(12,548)
(1,335)
(13,884)
(233,238)
553,998

744,954
558,715
186,238

553,998
415,498
138,499

352,884
264,663
88,221

453,643
340,232
113,411

102,046
76,534
25,511

102,046
76,534
25,511

102,046
76,534
25,511

102,046
76,534
25,511

102,046
76,534
25,511

202,401
151,800
50,600

(1,331,064)
(42,336)
(114,450)
(58,517)
(5,292)
(17,577)
(1,569,236)
(0)
(150,581)
(16,023)
(166,604)
(2,922,952)
4,112,337
(1,068,701)
3,043,636
2,200,610
843,026

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 5 Year 5
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit
Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

(5,250)

Jan

Feb
2,015,258
(849,504)
1,165,754

Mar

1,600,769
(674,795)
925,974

Apr

1,184,385
(499,277)
685,108

May

1,393,076
(587,235)
805,841

Jun

665,551
(280,583)
384,968

Jul

665,551
(280,583)
384,968

Aug

665,551
(280,583)
384,968

Sep

665,551
(280,583)
384,968

Oct

665,551
(280,583)
384,968

(12,548)
(1,335)
(13,884)
(347,688)
740,234
(1,068,701)
553,998
(328,467)
415,498
(328,467)
138,499
-

Nov

873,443
(368,216)
505,227

Dec

1,600,769
(674,795)
925,974

Total

2,223,551
(937,337)
1,286,214

(5,250)

(5,250)

(63,000)
(31,500)
(4,393) (3,623)
(102,516)
(110,922)
(3,528)
-

14,219,004
(5,994,071)
8,224,933

(63,000)
(31,500)

(63,000)
(31,500)
-

(3,623)
(98,123)

(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(110,922)
(3,528)
-

(63,000)
(31,500)
(3,623)
(98,123)

(3,623)
(98,123)

(756,000)
(378,000)
(4,393)
(43,470)
(1,181,863)

(110,922)
(3,528)

(110,922)
(3,528)
(114,450)
(4,876)
(441)
(1,465)
(235,682)

(1,331,064)
(42,336)
(114,450)
(58,517)
(5,292)
(17,577)
(1,569,236)

(12,548)
(1,335)
(13,884)
(347,688)
938,526
(1,425,594)
692,736
(487,068)
519,552
(487,068)
173,184
-

(150,581)
(16,023)
(166,604)
(2,922,952)
5,301,980
(1,425,594)
3,876,386
2,785,523
1,090,864

(110,922)
(3,528)
-

(63,000)
(31,500)
-

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(4,876)
(441)
(1,465)
(121,232)

(12,548)
(1,335)
(13,884)
(242,881)
922,872

(12,548)
(1,335)
(13,884)
(233,238)
692,736

(12,548)
(1,335)
(13,884)
(233,238)
451,870

(12,548)
(1,335)
(13,884)
(233,238)
572,602

(12,548)
(1,335)
(13,884)
(233,238)
151,730

(12,548)
(1,335)
(13,884)
(233,238)
151,730

(12,548)
(1,335)
(13,884)
(233,238)
151,730

(12,548)
(1,335)
(13,884)
(233,238)
151,730

(12,548)
(1,335)
(13,884)
(233,238)
151,730

(12,548)
(1,335)
(13,884)
(233,238)
271,989

(12,548)
(1,335)
(13,884)
(233,238)
692,736

922,872
692,154
230,718

692,736
519,552
173,184

451,870
338,902
112,967

572,602
429,452
143,151

151,730
113,797
37,932

151,730
113,797
37,932

151,730
113,797
37,932

151,730
113,797
37,932

151,730
113,797
37,932

271,989
203,992
67,997

P a g e | 117

Year 1
Jan
Feb
Net Income
342,342
Cash Flow from Operating Activities
Adjusted Depriciation
17,738
Prepaid Car Insurance
(16,023)
Total Cash Flow from Operating Activities
1,715
Cash Flow from Investing Activities
Invest expenese
(252,053)
Vehicles
(653,100)
Total Cash Flow from Investing Activities
(905,153)
Cash Flow from Financing Activities
Received money from investor
5,000,000
Dividend Expense
(85,585)
Total Cash Flow from Financing Activities
4,914,415
Cash flow at end of period
4,353,319
Cash balance at start of period
Cash balance at end of period

4,353,319

Mar

Apr

5,702,759
6,127,666

7,522,532
8,000,676

9,575,942
10,132,518

11,927,133
12,617,148

Sep

Oct

Nov

Dec

69,801

38,301

38,301

38,301

110,454

364,573

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

17,738

(99,018)
(99,018)
314,793

(62,723)
(62,723)
205,909

(80,762)
(80,762)
260,023

(17,450)
(17,450)
70,089

(17,450)
(17,450)
70,089

4,353,319
4,668,112

4,668,112
4,874,021

4,874,021
5,134,044

5,134,044
5,204,133

5,204,133
5,274,222

6,127,666
6,456,434

8,000,676
8,370,984

10,132,518
10,561,900

Apr
255,311

May

Jun

335,105

17,701

12,617,148
13,150,584

17,738

17,738

17,738

17,738

17,738

(9,575)
(9,575)
46,464

(9,575)
(9,575)
46,464

(27,613)
(27,613)
100,579

(91,143)
(91,143)
291,168

0
0
(102,601)

5,274,222
5,320,686

5,320,686
5,367,150

5,367,150
5,413,614

5,413,614
5,514,192

5,514,192
5,805,360

5,805,360
5,702,759

Aug

Sep

56,392

17,701
-

56,392

17,701
-

17,701

Oct

56,392

17,701
-

17,701

17,738

(120,339)

(9,575)
(9,575)
46,464

56,392

17,701
-

17,701

Jul

56,392

17,701
-

17,701

17,738

17,701
-

17,701

Nov
136,186
17,701

17,701

Dec
414,756
17,701

17,701

(178,396)
17,701
-

17,701

17,701

17,701

(63,828)
(63,828)
209,184

(83,776)
(83,776)
269,029

(14,098)
(14,098)
59,995

(14,098)
(14,098)
59,995

(14,098)
(14,098)
59,995

(14,098)
(14,098)
59,995

(14,098)
(14,098)
59,995

(34,046)
(34,046)
119,840

(103,689)
(103,689)
328,768

0
0
(160,696)

6,456,434
6,665,618

6,665,618
6,934,647

6,934,647
6,994,641

6,994,641
7,054,636

7,054,636
7,114,630

7,114,630
7,174,625

7,174,625
7,234,619

7,234,619
7,354,459

7,354,459
7,683,227

7,683,227
7,522,532

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

382,642

76,263

76,263

76,263

76,263

76,263

163,970

470,144

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

17,701

Dec

294,935

(241,805)
17,701
-

17,701

17,701

17,701

(73,734)
(73,734)
238,902

(95,661)
(95,661)
304,682

(19,066)
(19,066)
74,898

(19,066)
(19,066)
74,898

(19,066)
(19,066)
74,898

(19,066)
(19,066)
74,898

(19,066)
(19,066)
74,898

(40,993)
(40,993)
140,678

(117,536)
(117,536)
370,309

0
0
(224,104)

8,370,984
8,609,886

8,609,886
8,914,569

8,914,569
8,989,467

8,989,467
9,064,365

9,064,365
9,139,263

9,139,263
9,214,162

9,214,162
9,289,060

9,289,060
9,429,738

9,429,738
9,800,047

9,800,047
9,575,942

Apr
352,884

May
453,643

13,884

13,884
-

Aug
102,046

13,884
-

13,884
-

Jul
102,046

13,884
-

13,884
-

Jun
102,046

Sep
102,046

13,884
-

13,884

13,884
-

13,884

Dec

13,884
-

13,884

(328,467)

13,884
-

13,884

553,998

13,884
-

13,884

Nov
202,401

13,884
-

13,884

Oct
102,046

13,884

13,884

(88,221)
(88,221)
278,546

(113,411)
(113,411)
354,116

(25,511)
(25,511)
90,418

(25,511)
(25,511)
90,418

(25,511)
(25,511)
90,418

(25,511)
(25,511)
90,418

(25,511)
(25,511)
90,418

(50,600)
(50,600)
165,684

(138,499)
(138,499)
429,382

0
0
(314,584)

10,561,900
10,840,447

10,840,447
11,194,562

11,194,562
11,284,980

11,284,980
11,375,398

11,375,398
11,465,815

11,465,815
11,556,233

11,556,233
11,646,651

11,646,651
11,812,335

11,812,335
12,241,717

12,241,717
11,927,133

Year 5
Jan
Feb
Mar
Apr
May
Jun
Net Income
922,872
692,736
451,870
572,602
151,730
Cash Flow from Operating Activities
Adjusted Depriciation
13,884
13,884
13,884
13,884
13,884
Prepaid Car Insurance
(16,023)
Total Cash Flow from Operating Activities
(2,139)
13,884
13,884
13,884
13,884
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(230,718)
(173,184)
(112,967)
(143,151)
(37,932)
Total Cash Flow from Financing Activities
(230,718)
(173,184)
(112,967)
(143,151)
(37,932)
Cash flow at end of period
690,015
533,436
352,786
443,335
127,681
Cash balance at start of period
Cash balance at end of period

Aug

69,801

Year 4
Jan
Feb
Mar
Net Income
744,954
553,998
Cash Flow from Operating Activities
Adjusted Depriciation
13,884
13,884
Prepaid Car Insurance
(16,023) Total Cash Flow from Operating Activities
(2,139)
13,884
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(186,238)
(138,499)
Total Cash Flow from Financing Activities
(186,238)
(138,499)
Cash flow at end of period
556,576
429,382
Cash balance at start of period
Cash balance at end of period

Jul

323,047

Year 3
Jan
Feb
Mar
Net Income
635,288
470,144
Cash Flow from Operating Activities
Adjusted Depriciation
17,701
17,701
Prepaid Car Insurance
(16,023) Total Cash Flow from Operating Activities
1,678
17,701
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(158,822)
(117,536)
Total Cash Flow from Financing Activities
(158,822)
(117,536)
Cash flow at end of period
478,144
370,309
Cash balance at start of period
Cash balance at end of period

Jun

250,894

Year 2
Jan
Feb
Mar
Net Income
564,306
414,756
Cash Flow from Operating Activities
Adjusted Depriciation
17,701
17,701
Prepaid Car Insurance
(16,023) Total Cash Flow from Operating Activities
1,678
17,701
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(141,076)
(103,689)
Total Cash Flow from Financing Activities
(141,076)
(103,689)
Cash flow at end of period
424,907
328,768
Cash balance at start of period
Cash balance at end of period

May

396,073

13,150,584
13,503,370

13,503,370
13,946,705

13,946,705
14,074,386

Jul

Aug

Sep

Oct

Nov

Dec

151,730

151,730

151,730

151,730

271,989

692,736

13,884

13,884

13,884

13,884

13,884

13,884

13,884

13,884

13,884

13,884

13,884

(487,068)
13,884
-

13,884
-

13,884

(37,932)
(37,932)
127,681

(37,932)
(37,932)
127,681

(37,932)
(37,932)
127,681

(37,932)
(37,932)
127,681

(67,997)
(67,997)
217,875

(173,184)
(173,184)
533,436

0
0
(473,185)

14,074,386
14,202,067

14,202,067
14,329,748

14,329,748
14,457,429

14,457,429
14,585,110

14,585,110
14,802,985

14,802,985
15,336,421

15,336,421
14,863,236

P a g e | 118

Year 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
4,353,319
4,668,112
4,874,021
5,134,044
5,204,133
5,274,222
5,320,686
5,367,150
5,413,614
5,514,192
5,805,360
5,702,759
Prepaid Car Insurance
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
Less:Accumulated Depreciation Car Insurance
(1,335)
(2,671)
(4,006)
(5,341)
(6,676)
(8,012)
(9,347)
(10,682)
(12,017)
(13,353)
(14,688)
(16,023)
Total Current Assests
4,368,007
4,681,465
4,886,038
5,144,726
5,213,480
5,282,233
5,327,362
5,372,491
5,417,619
5,516,863
5,806,696
5,702,759
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

653,100
(10,889)
252,053
(5,515)
888,749

653,100
(21,777)
252,053
(11,029)
872,346

653,100
(32,666)
252,053
(16,544)
855,943

653,100
(43,554)
252,053
(22,058)
839,540

653,100
(54,443)
252,053
(27,573)
823,137

653,100
(65,331)
252,053
(33,087)
806,734

653,100
(76,220)
252,053
(38,602)
790,331

653,100
(87,108)
252,053
(44,116)
773,928

653,100
(97,997)
252,053
(49,631)
757,525

653,100
(108,885)
252,053
(55,145)
741,122

653,100
(119,774)
252,053
(60,660)
724,719

653,100
(130,662)
252,053
(66,175)
708,316

5,256,756

5,553,811

5,741,981

5,984,267

6,036,617

6,088,968

6,117,693

6,146,419

6,175,144

6,257,985

6,531,415

6,411,075

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
256,756

5,000,000
553,811

5,000,000
741,981

5,000,000
984,267

5,000,000
1,036,617

5,000,000
1,088,968

5,000,000
1,117,693

5,000,000
1,146,419

5,000,000
1,175,144

5,000,000
1,257,985

5,000,000
1,531,415

5,000,000
1,411,075

Total Liabilities and Owner's equity

5,256,756

5,553,811

5,741,981

5,984,267

6,036,617

6,088,968

6,117,693

6,146,419

6,175,144

6,257,985

6,531,415

6,411,075

Total Assests
Liabilities:
Current Liabilities

Year 2
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
6,127,666
6,456,434
6,665,618
6,934,647
6,994,641
7,054,636
7,114,630
7,174,625
7,234,619
7,354,459
7,683,227
7,522,532
Prepaid Car Insurance
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
Less:Accumulated Depreciation Car Insurance
(1,335)
(2,671)
(4,006)
(5,341)
(6,676)
(8,012)
(9,347)
(10,682)
(12,017)
(13,353)
(14,688)
(16,023)
Total Current Assests
6,142,354
6,469,786
6,677,635
6,945,329
7,003,988
7,062,647
7,121,307
7,179,966
7,238,625
7,357,130
7,684,563
7,522,532
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

653,100
(141,551)
185,878
(5,477)
691,951

653,100
(152,439)
185,878
(10,954)
675,585

653,100
(163,328)
185,878
(16,431)
659,220

653,100
(174,216)
185,878
(21,908)
642,854

653,100
(185,105)
185,878
(27,385)
626,489

653,100
(195,993)
185,878
(32,862)
610,124

653,100
(206,882)
185,878
(38,338)
593,758

653,100
(217,770)
185,878
(43,815)
577,393

653,100
(228,659)
185,878
(49,292)
561,027

653,100
(239,547)
185,878
(54,769)
544,662

653,100
(250,436)
185,878
(60,246)
528,296

653,100
(261,324)
185,878
(65,723)
511,931

6,834,304

7,145,372

7,336,855

7,588,183

7,630,477

7,672,771

7,715,065

7,757,359

7,799,652

7,901,792

8,212,859

8,034,463

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
1,834,304

5,000,000
2,145,372

5,000,000
2,336,855

5,000,000
2,588,183

5,000,000
2,630,477

5,000,000
2,672,771

5,000,000
2,715,065

5,000,000
2,757,359

5,000,000
2,799,652

5,000,000
2,901,792

5,000,000
3,212,859

5,000,000
3,034,463

Total Liabilities and Owner's equity

6,834,304

7,145,372

7,336,855

7,588,183

7,630,477

7,672,771

7,715,065

7,757,359

7,799,652

7,901,792

8,212,859

8,034,463

Total Assests
Liabilities:
Current Liabilities

Year 3
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
8,000,676
8,370,984
8,609,886
8,914,569
8,989,467
9,064,365
9,139,263
9,214,162
9,289,060
9,429,738
9,800,047
9,575,942
Prepaid Car Insurance
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
Less:Accumulated Depreciation Car Insurance
(1,335)
(2,671)
(4,006)
(5,341)
(6,676)
(8,012)
(9,347)
(10,682)
(12,017)
(13,353)
(14,688)
(16,023)
Total Current Assests
8,015,363
8,384,337
8,621,904
8,925,251
8,998,814
9,072,377
9,145,940
9,219,503
9,293,065
9,432,409
9,801,382
9,575,942
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

653,100
(272,213)
120,155
(5,477)
495,566

653,100
(283,101)
120,155
(10,954)
479,200

653,100
(293,990)
120,155
(16,431)
462,835

653,100
(304,878)
120,155
(21,908)
446,469

653,100
(315,767)
120,155
(27,385)
430,104

653,100
(326,655)
120,155
(32,862)
413,739

653,100
(337,544)
120,155
(38,338)
397,373

653,100
(348,432)
120,155
(43,815)
381,008

653,100
(359,321)
120,155
(49,292)
364,642

653,100
(370,209)
120,155
(54,769)
348,277

653,100
(381,098)
120,155
(60,246)
331,911

653,100
(391,986)
120,155
(65,723)
315,546

8,510,929

8,863,537

9,084,738

9,371,720

9,428,918

9,486,115

9,543,313

9,600,510

9,657,708

9,780,685

10,133,293

9,891,488

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
3,510,929

5,000,000
3,863,537

5,000,000
4,084,738

5,000,000
4,371,720

5,000,000
4,428,918

5,000,000
4,486,115

5,000,000
4,543,313

5,000,000
4,600,510

5,000,000
4,657,708

5,000,000
4,780,685

5,000,000
5,133,293

5,000,000
4,891,488

Total Liabilities and Owner's equity

8,510,929

8,863,537

9,084,738

9,371,720

9,428,918

9,486,115

9,543,313

9,600,510

9,657,708

9,780,685

10,133,293

9,891,488

Total Assests
Liabilities:
Current Liabilities

P a g e | 119

Year 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
10,132,518 10,561,900 10,840,447 11,194,562 11,284,980 11,375,398 11,465,815 11,556,233 11,646,651 11,812,335 12,241,717 11,927,133
Prepaid Car Insurance
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
Less:Accumulated Depreciation Car Insurance
(1,335)
(2,671)
(4,006)
(5,341)
(6,676)
(8,012)
(9,347)
(10,682)
(12,017)
(13,353)
(14,688)
(16,023)
Total Current Assests
10,147,206 10,575,253 10,852,464 11,205,244 11,294,327 11,383,409 11,472,492 11,561,574 11,650,657 11,815,005 12,243,052 11,927,133
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

653,100
(402,875)
54,432
(1,660)
302,998

653,100
(413,763)
54,432
(3,320)
290,449

653,100
(424,652)
54,432
(4,980)
277,901

653,100
(435,540)
54,432
(6,640)
265,353

653,100
(446,429)
54,432
(8,299)
252,804

653,100
(457,317)
54,432
(9,959)
240,256

653,100
(468,206)
54,432
(11,619)
227,707

653,100
(479,094)
54,432
(13,279)
215,159

653,100
(489,983)
54,432
(14,939)
202,611

653,100
(500,871)
54,432
(16,599)
190,062

653,100
(511,760)
54,432
(18,259)
177,514

653,100
(522,648)
54,432
(19,919)
164,966

10,450,204

10,865,702

11,130,365

11,470,597

11,547,131

11,623,665

11,700,199

11,776,733

11,853,267

12,005,068

12,420,566

12,092,099

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
5,450,204

5,000,000
5,865,702

5,000,000
6,130,365

5,000,000
6,470,597

5,000,000
6,547,131

5,000,000
6,623,665

5,000,000
6,700,199

5,000,000
6,776,733

5,000,000
6,853,267

5,000,000
7,005,068

5,000,000
7,420,566

5,000,000
7,092,099

Total Liabilities and Owner's equity

10,450,204

10,865,702

11,130,365

11,470,597

11,547,131

11,623,665

11,700,199

11,776,733

11,853,267

12,005,068

12,420,566

12,092,099

Total Assests
Liabilities:
Current Liabilities

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 5
Assests:
Current Assests
Cash
12,617,148 13,150,584 13,503,370 13,946,705 14,074,386 14,202,067 14,329,748 14,457,429 14,585,110 14,802,985 15,336,421 14,863,236
Prepaid Car Insurance
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
16,023
Less:Accumulated Depreciation Car Insurance
(1,335)
(2,671)
(4,006)
(5,341)
(6,676)
(8,012)
(9,347)
(10,682)
(12,017)
(13,353)
(14,688)
(16,023)
Total Current Assests
12,631,836 13,163,936 13,515,387 13,957,387 14,083,733 14,210,078 14,336,424 14,462,770 14,589,116 14,805,656 15,337,756 14,863,236
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fix ed Assests

653,100
(533,537)
34,514
(1,660)
152,417

653,100
(544,425)
34,514
(3,320)
139,869

653,100
(555,314)
34,514
(4,980)
127,320

653,100
(566,202)
34,514
(6,640)
114,772

653,100
(577,091)
34,514
(8,299)
102,224

653,100
(587,979)
34,514
(9,959)
89,675

653,100
(598,868)
34,514
(11,619)
77,127

653,100
(609,756)
34,514
(13,279)
64,579

653,100
(620,645)
34,514
(14,939)
52,030

653,100
(631,533)
34,514
(16,599)
39,482

653,100
(642,422)
34,514
(18,259)
26,933

653,100
(653,310)
34,514
(19,919)
14,385

12,784,253

13,303,805

13,642,707

14,072,159

14,185,956

14,299,754

14,413,551

14,527,349

14,641,146

14,845,138

15,364,689

14,877,621

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
7,784,253

5,000,000
8,303,805

5,000,000
8,642,707

5,000,000
9,072,159

5,000,000
9,185,956

5,000,000
9,299,754

5,000,000
9,413,551

5,000,000
9,527,349

5,000,000
9,641,146

5,000,000
9,845,138

5,000,000
10,364,689

5,000,000
9,877,621

Total Liabilities and Owner's equity

12,784,253

13,303,805

13,642,707

14,072,159

14,185,956

14,299,754

14,413,551

14,527,349

14,641,146

14,845,138

15,364,689

14,877,621

Total Assests
Liabilities:
Current Liabilities

P a g e | 120

If cost increase 10 percent


Year 1
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

1,272,489 1,022,000
(536,411) (430,834)
736,078
591,166

Mar
771,012
(325,025)
445,987

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

895,707 457,976 457,976 457,976 457,976 457,976 582,671 1,022,000 1,397,683


9,253,442
(377,567) (193,082) (193,082) (193,082) (193,082) (193,082) (245,624) (430,834) (589,174) (3,900,881)
518,140 264,894 264,894 264,894 264,894 264,894 337,047
591,166
808,509
5,352,561

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

Year 2
Revenue:

(55,000)
(198,000)
(4,602)
(3,795)
(261,397)

(55,000)
(3,795)
(58,795)

(55,000)
(3,795)
(58,795)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(17,184)
(1,399)
(18,583)
(412,235)
323,843
323,843
242,882
80,961

(17,184)
(1,399)
(18,583)
(204,383)
386,783
386,783
290,088
96,696

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

(5,250)

Feb

1,383,857 1,108,629
(583,353) (467,318)
800,504
641,312

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000) (660,000)
(33,000) (396,000)
(4,602)
(3,795)
(45,540)
(91,795) (1,106,142)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204) (116,204) (116,204) (116,204) (116,204) (116,204) (116,204)


(3,696)
(3,696)
(3,696)
(3,696)
(3,696)
(3,696)
(3,696)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(462)
(462)
(462)
(462)
(462)
(462)
(462)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(127,005) (127,005) (127,005) (127,005) (127,005) (127,005) (127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204) (1,394,448)
(3,696)
(44,352)
(119,900) (119,900)
(5,109)
(61,303)
(462)
(5,544)
(1,535)
(18,414)
(246,905) (1,643,961)

(17,184)
(1,399)
(18,583)
(204,383)
241,604
241,604
181,203
60,401

(17,184) (17,184) (17,184) (17,184) (17,184) (17,184) (17,184)


(1,399)
(1,399)
(1,399)
(1,399)
(1,399)
(1,399)
(1,399)
(18,583) (18,583) (18,583) (18,583) (18,583) (18,583) (18,583)
(204,383) (204,383) (204,383) (237,383) (237,383) (237,383) (237,383)
313,757
60,511
60,511
27,511
27,511
27,511
99,664
313,757
60,511
60,511
27,511
27,511
27,511
99,664
235,318
45,383
45,383
20,633
20,633
20,633
74,748
78,439
15,128
15,128
6,878
6,878
6,878
24,916

(17,184)
(1,399)
(18,583)
(237,383)
353,783
353,783
265,338
88,446

(17,184) (206,206)
(1,399)
(16,786)
(18,583) (222,992)
(357,283) (2,978,346)
451,226
2,374,215
(547,265)
547,265
(96,038) 1,826,951
(96,038) 1,346,204
460,114

Mar
833,001
(351,135)
481,866

(55,000)
(3,795)
(58,795)

Apr

(55,000)
(3,795)
(58,795)

May

(55,000)
(3,795)
(58,795)

Jun

(55,000)
(33,000)
(3,795)
(91,795)

Jul

(55,000)
(33,000)
(3,795)
(91,795)

Aug

(55,000)
(33,000)
(3,795)
(91,795)

Sep

Oct

Nov

Dec

970,965 489,140 489,140 489,140 489,140 489,140 627,104 1,108,629 1,521,322


(409,305) (206,193) (206,193) (206,193) (206,193) (206,193) (264,363) (467,318) (641,292)
561,660 282,947 282,947 282,947 282,947 282,947 362,741
641,312
880,030

Total
9,999,212
4,215,052
5,784,160

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expenese
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

(5,250)

(55,000) (55,000) (55,000) (55,000) (55,000) (55,000) (55,000) (55,000) (55,000) (55,000) (55,000) (55,000) (660,000)
(33,000) (33,000) (33,000) (33,000) (33,000) (33,000) (33,000) (33,000) (33,000) (33,000) (33,000) (33,000) (396,000)
(4,602) (4,602)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(45,540)
(96,397) (91,795) (91,795) (91,795) (91,795) (91,795) (91,795) (91,795) (91,795) (91,795) (91,795) (91,795) (1,106,142)

(116,204)
(3,696)

(116,204)
(3,696)

(116,204)
(3,696)

(116,204) (116,204) (116,204) (116,204) (116,204) (116,204) (116,204) (116,204)


(3,696)
(3,696)
(3,696)
(3,696)
(3,696)
(3,696)
(3,696)
(3,696)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(5,109)
(462)
(462)
(462)
(462)
(462)
(462)
(462)
(462)
(462)
(462)
(462)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(1,535)
(127,005) (127,005) (127,005) (127,005) (127,005) (127,005) (127,005) (127,005) (127,005) (127,005) (127,005)

(116,204) (1,394,448)
(3,696)
(44,352)
(119,900) (119,900)
(5,109)
(61,303)
(462)
(5,544)
(1,535)
(18,414)
(246,905) (1,643,961)

(17,144)
(1,399)
(18,543)
(247,196)
553,308
553,308
414,981
138,327

(17,144)
(1,399)
(18,543)
(237,343)
403,968
403,968
302,976
100,992

(17,144)
(1,399)
(18,543)
(237,343)
244,523
244,523
183,392
61,131

(17,144) (205,733)
(1,399)
(16,786)
(18,543) (222,519)
(357,243) (2,977,873)
522,787 2,806,287
(676,886) (676,886)
(154,100) 2,129,401
(154,100) 1,558,526
570,875

(17,144) (17,144) (17,144) (17,144) (17,144) (17,144) (17,144)


(1,399)
(1,399)
(1,399)
(1,399)
(1,399)
(1,399)
(1,399)
(18,543) (18,543) (18,543) (18,543) (18,543) (18,543) (18,543)
(237,343) (237,343) (237,343) (237,343) (237,343) (237,343) (237,343)
324,317
45,604
45,604
45,604
45,604
45,604 125,398
324,317
45,604
45,604
45,604
45,604
45,604 125,398
243,238
34,203
34,203
34,203
34,203
34,203
94,048
81,079
11,401
11,401
11,401
11,401
11,401
31,349

(17,144)
(1,399)
(18,543)
(237,343)
403,968
403,968
302,976
100,992

P a g e | 121

Year 3
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,506,603
(635,116)
871,487

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,204,440
(507,741)
696,699

901,478
(379,987)
521,491

1,053,109
(443,911)
609,198

523,500
(220,681)
302,819

523,500
(220,681)
302,819

523,500
(220,681)
302,819

523,500
(220,681)
302,819

523,500
(220,681)
302,819

675,131
(284,605)
390,526

1,204,440
(507,741)
696,699

1,658,133
(698,946)
959,187

10,820,831
(4,561,452)
6,259,379

(55,000)
(33,000)
(4,602)
(3,795)
(96,397)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(55,000)
(33,000)
(3,795)
(91,795)

(5,250)
(0)
(660,000)
(396,000)
(4,602)
(45,540)
(1,106,142)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(119,900)
(5,109)
(462)
(1,535)
(246,905)

(1,394,448)
(44,352)
(119,900)
(61,303)
(5,544)
(18,414)
(1,643,961)

(17,144)
(1,399)
(18,543)
(247,196)
624,291

(17,144)
(1,399)
(18,543)
(237,343)
459,356

(17,144)
(1,399)
(18,543)
(237,343)
284,147

(17,144)
(1,399)
(18,543)
(237,343)
371,854

(17,144)
(1,399)
(18,543)
(237,343)
65,475

(17,144)
(1,399)
(18,543)
(237,343)
65,475

(17,144)
(1,399)
(18,543)
(237,343)
65,475

(17,144)
(1,399)
(18,543)
(237,343)
65,475

(17,144)
(1,399)
(18,543)
(237,343)
65,475

(17,144)
(1,399)
(18,543)
(237,343)
153,182

(17,144)
(1,399)
(18,543)
(237,343)
459,356

624,291
468,218
156,073

459,356
344,517
114,839

284,147
213,110
71,037

371,854
278,891
92,964

65,475
49,106
16,369

65,475
49,106
16,369

65,475
49,106
16,369

65,475
49,106
16,369

65,475
49,106
16,369

153,182
114,887
38,296

459,356
344,517
114,839

(17,144)
(1,399)
(18,543)
(357,243)
601,944
(819,452)
(217,508)
(217,508)
-

(205,733)
(16,786)
(222,519)
(2,977,873)
3,281,507
(819,452)
2,462,055
1,792,164
669,891

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 4
Revenue:

(5,250)

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,707,759
(719,924)
987,835

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

1,360,905
(573,669)
787,236

1,013,253
(427,131)
586,122

1,187,428
(500,547)
686,881

579,610
(244,326)
335,284

579,610
(244,326)
335,284

579,610
(244,326)
335,284

579,610
(244,326)
335,284

579,610
(244,326)
335,284

753,087
(317,448)
435,639

1,360,905
(573,669)
787,236

1,880,737
(792,815)
1,087,922

12,162,122
(5,126,832)
7,035,290

(66,000)
(33,000)
(4,602)
(3,795)
(107,397)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(66,000)
(33,000)
(3,795)
(102,795)

(792,000)
(396,000)
(4,602)
(45,540)
(1,238,142)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(5,109)
(462)
(1,535)
(127,005)

(116,204)
(3,696)
(119,900)
(5,109)
(462)
(1,535)
(246,905)

(13,146)
(1,399)
(14,545)
(254,197)
733,638

(13,146)
(1,399)
(14,545)
(244,345)
542,891

(13,146)
(1,399)
(14,545)
(244,345)
341,777

(13,146)
(1,399)
(14,545)
(244,345)
442,536

(13,146)
(1,399)
(14,545)
(244,345)
90,939

(13,146)
(1,399)
(14,545)
(244,345)
90,939

(13,146)
(1,399)
(14,545)
(244,345)
90,939

(13,146)
(1,399)
(14,545)
(244,345)
90,939

(13,146)
(1,399)
(14,545)
(244,345)
90,939

(13,146)
(1,399)
(14,545)
(244,345)
191,294

(13,146)
(1,399)
(14,545)
(244,345)
542,891

733,638
550,229
183,410

542,891
407,168
135,723

341,777
256,333
85,444

442,536
331,902
110,634

90,939
68,204
22,735

90,939
68,204
22,735

90,939
68,204
22,735

90,939
68,204
22,735

90,939
68,204
22,735

191,294
143,470
47,823

(1,394,448)
(44,352)
(119,900)
(61,303)
(5,544)
(18,414)
(1,643,961)
(0)
(157,751)
(16,786)
(174,537)
(3,061,891)
3,973,399
(1,027,020)
2,946,379
2,133,949
812,430

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 5 Year 5
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit
Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

(5,250)

Jan

Feb
2,015,258
(849,504)
1,165,754

Mar

1,600,769
(674,795)
925,974

Apr

1,184,385
(499,277)
685,108

May

1,393,076
(587,235)
805,841

Jun

665,551
(280,583)
384,968

Jul

665,551
(280,583)
384,968

Aug

665,551
(280,583)
384,968

Sep

665,551
(280,583)
384,968

Oct

665,551
(280,583)
384,968

(13,146)
(1,399)
(14,545)
(364,245)
723,677
(1,027,020)
542,891
(303,342)
407,168
(303,342)
135,723
-

Nov

873,443
(368,216)
505,227

1,600,769
(674,795)
925,974

Dec

Total

2,223,551
(937,337)
1,286,214

14,219,004
(5,994,071)
8,224,933

(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(66,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(33,000)
(4,602) (3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(3,795)
(107,397) (102,795) (102,795) (102,795) (102,795) (102,795) (102,795) (102,795) (102,795) (102,795) (102,795) (102,795)

(792,000)
(396,000)
(4,602)
(45,540)
(1,238,142)

(116,204)
(3,696)

(116,204)
(3,696)
(119,900)
(5,109)
(462)
(1,535)
(246,905)

(1,394,448)
(44,352)
(119,900)
(61,303)
(5,544)
(18,414)
(1,643,961)

(13,146)
(1,399)
(14,545)
(364,245)
921,969
(1,383,913)
681,629
(461,943)
511,222
(461,943)
170,407
-

(157,751)
(16,786)
(174,537)
(3,061,891)
5,163,042
(1,383,913)
3,779,129
2,718,861
1,060,268

(5,250)

(5,250)

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(116,204)
(3,696)
-

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(5,109)
(462)
(1,535)
(127,005)

(13,146)
(1,399)
(14,545)
(254,197)
911,556

(13,146)
(1,399)
(14,545)
(244,345)
681,629

(13,146)
(1,399)
(14,545)
(244,345)
440,763

(13,146)
(1,399)
(14,545)
(244,345)
561,496

(13,146)
(1,399)
(14,545)
(244,345)
140,623

(13,146)
(1,399)
(14,545)
(244,345)
140,623

(13,146)
(1,399)
(14,545)
(244,345)
140,623

(13,146)
(1,399)
(14,545)
(244,345)
140,623

(13,146)
(1,399)
(14,545)
(244,345)
140,623

(13,146)
(1,399)
(14,545)
(244,345)
260,882

(13,146)
(1,399)
(14,545)
(244,345)
681,629

911,556
683,667
227,889

681,629
511,222
170,407

440,763
330,572
110,191

561,496
421,122
140,374

140,623
105,467
35,156

140,623
105,467
35,156

140,623
105,467
35,156

140,623
105,467
35,156

140,623
105,467
35,156

260,882
195,662
65,221

P a g e | 122

Year 1
Jan
Feb
Net Income
323,843
Cash Flow from Operating Activities
Adjusted Depriciation
18,583
Prepaid Car Insurance
(16,786)
Total Cash Flow from Operating Activities
1,797
Cash Flow from Investing Activities
Invest expenese
(264,055)
Vehicles
(684,200)
Total Cash Flow from Investing Activities
(948,255)
Cash Flow from Financing Activities
Received money from investor
5,000,000
Dividend Expense
(80,961)
Total Cash Flow from Financing Activities
4,919,039
Cash flow at end of period
4,296,424
Cash balance at start of period
Cash balance at end of period

4,296,424

Mar

Apr

386,783

241,604

18,583

18,583

5,604,155
6,020,893

7,368,414
7,838,389

9,366,311
9,914,298

18,583

18,583
-

(96,696)
(96,696)
308,670

(60,401)
(60,401)
199,786

(78,439)
(78,439)
253,900

(15,128)
(15,128)
63,966

(15,128)
(15,128)
63,966

4,296,424
4,605,094

4,605,094
4,804,879

4,804,879
5,058,780

5,058,780
5,122,746

5,122,746
5,186,712

6,020,893
6,342,412

7,838,389
8,201,449

9,914,298
10,336,011

May

Jun

11,658,011
12,339,437

12,339,437
12,865,203

Nov

18,583

(6,878)
(6,878)
39,216

(6,878)
(6,878)
39,216

(24,916)
(24,916)
93,331

(88,446)
(88,446)
283,920

0
0
(77,456)

5,186,712
5,225,927

5,225,927
5,265,143

5,265,143
5,304,359

5,304,359
5,397,690

5,397,690
5,681,610

5,681,610
5,604,155

Aug

Sep

Oct

Nov

Dec

244,523

324,317

45,604

45,604

45,604

45,604

45,604

125,398

403,968

18,543

18,543

18,543

18,543

18,543

18,543

18,543

18,543

18,543

18,543

18,543

18,543

18,583

(6,878)
(6,878)
39,216

Jul

18,583

18,583

(96,038)

18,583

18,583

353,783

18,583

18,583

Dec

99,664

18,583

18,583

Oct
27,511

18,583

18,583

Apr

Sep
27,511

18,583

18,583

18,543

18,543

18,543

18,543

(154,100)
18,543
-

18,543

18,543

18,543

(61,131)
(61,131)
201,935

(81,079)
(81,079)
261,781

(11,401)
(11,401)
52,746

(11,401)
(11,401)
52,746

(11,401)
(11,401)
52,746

(11,401)
(11,401)
52,746

(11,401)
(11,401)
52,746

(31,349)
(31,349)
112,592

(100,992)
(100,992)
321,519

0
0
(135,556)

6,342,412
6,544,348

6,544,348
6,806,129

6,806,129
6,858,875

6,858,875
6,911,621

6,911,621
6,964,367

6,964,367
7,017,113

7,017,113
7,069,859

7,069,859
7,182,450

7,182,450
7,503,970

7,503,970
7,368,414

Apr
284,147

May

Jun

371,854

18,543

18,543
-

65,475

18,543
-

18,543

Dec
(217,508)

18,543
-

18,543

459,356

18,543
-

18,543

Nov
153,182

18,543
-

18,543

Oct

65,475

18,543
-

18,543

Sep

65,475

18,543
-

18,543

Aug

65,475

18,543
-

18,543

Jul

65,475

18,543
-

18,543

18,543

18,543

(71,037)
(71,037)
231,654

(92,964)
(92,964)
297,434

(16,369)
(16,369)
67,650

(16,369)
(16,369)
67,650

(16,369)
(16,369)
67,650

(16,369)
(16,369)
67,650

(16,369)
(16,369)
67,650

(38,296)
(38,296)
133,430

(114,839)
(114,839)
363,060

0
0
(198,965)

8,201,449
8,433,103

8,433,103
8,730,537

8,730,537
8,798,187

8,798,187
8,865,836

8,865,836
8,933,486

8,933,486
9,001,136

9,001,136
9,068,785

9,068,785
9,202,215

9,202,215
9,565,276

9,565,276
9,366,311

Apr
341,777

May

14,545

Aug

90,939

14,545
-

90,939

14,545
-

14,545

Dec

14,545
-

14,545

(303,342)

14,545
-

14,545

542,891

14,545
-

14,545

Nov
191,294

14,545
-

14,545

Oct

90,939

14,545
-

14,545

Sep

90,939

14,545
-

14,545
-

Jul

90,939

14,545
-

14,545
-

Jun

442,536

14,545

14,545

(85,444)
(85,444)
270,877

(110,634)
(110,634)
346,447

(22,735)
(22,735)
82,749

(22,735)
(22,735)
82,749

(22,735)
(22,735)
82,749

(22,735)
(22,735)
82,749

(22,735)
(22,735)
82,749

(47,823)
(47,823)
158,015

(135,723)
(135,723)
421,713

0
0
(288,798)

10,336,011
10,606,888

10,606,888
10,953,335

10,953,335
11,036,084

11,036,084
11,118,833

11,118,833
11,201,582

11,201,582
11,284,331

11,284,331
11,367,080

11,367,080
11,525,095

11,525,095
11,946,808

11,946,808
11,658,011

Year 5
Jan
Feb
Mar
Apr
May
Jun
Net Income
911,556
681,629
440,763
561,496
140,623
Cash Flow from Operating Activities
Adjusted Depriciation
14,545
14,545
14,545
14,545
14,545
Prepaid Car Insurance
(16,786)
Total Cash Flow from Operating Activities
(2,241)
14,545
14,545
14,545
14,545
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(227,889)
(170,407)
(110,191)
(140,374)
(35,156)
Total Cash Flow from Financing Activities
(227,889)
(170,407)
(110,191)
(140,374)
(35,156)
Cash flow at end of period
681,426
525,767
345,117
435,667
120,012
Cash balance at start of period
Cash balance at end of period

Aug
27,511

Year 4
Jan
Feb
Mar
Net Income
733,638
542,891
Cash Flow from Operating Activities
Adjusted Depriciation
14,545
14,545
Prepaid Car Insurance
(16,786) Total Cash Flow from Operating Activities
(2,241)
14,545
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(183,410)
(135,723)
Total Cash Flow from Financing Activities
(183,410)
(135,723)
Cash flow at end of period
547,987
421,713
Cash balance at start of period
Cash balance at end of period

Jul
60,511

18,583

18,583

Year 3
Jan
Feb
Mar
Net Income
624,291
459,356
Cash Flow from Operating Activities
Adjusted Depriciation
18,543
18,543
Prepaid Car Insurance
(16,786) Total Cash Flow from Operating Activities
1,757
18,543
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(156,073)
(114,839)
Total Cash Flow from Financing Activities
(156,073)
(114,839)
Cash flow at end of period
469,975
363,060
Cash balance at start of period
Cash balance at end of period

Jun
60,511

18,583

18,583

Year 2
Jan
Feb
Mar
Net Income
553,308
403,968
Cash Flow from Operating Activities
Adjusted Depriciation
18,543
18,543
Prepaid Car Insurance
(16,786) Total Cash Flow from Operating Activities
1,757
18,543
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
(138,327)
(100,992)
Total Cash Flow from Financing Activities
(138,327)
(100,992)
Cash flow at end of period
416,739
321,519
Cash balance at start of period
Cash balance at end of period

May
313,757

12,865,203
13,210,320

13,210,320
13,645,987

13,645,987
13,765,999

Jul

Aug

Sep

Oct

Nov

Dec

140,623

140,623

140,623

140,623

260,882

681,629

14,545

14,545

14,545

14,545

14,545

14,545

14,545

14,545

14,545

14,545

14,545

(461,943)
14,545
-

14,545
-

14,545

(35,156)
(35,156)
120,012

(35,156)
(35,156)
120,012

(35,156)
(35,156)
120,012

(35,156)
(35,156)
120,012

(65,221)
(65,221)
210,206

(170,407)
(170,407)
525,767

0
0
(447,399)

13,765,999
13,886,011

13,886,011
14,006,024

14,006,024
14,126,036

14,126,036
14,246,048

14,246,048
14,456,255

14,456,255
14,982,021

14,982,021
14,534,623

P a g e | 123

Year 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
4,296,424
4,605,094
4,804,879
5,058,780
5,122,746
5,186,712
5,225,927
5,265,143
5,304,359
5,397,690
5,681,610
5,604,155
Prepaid Car Insurance
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
Less:Accumulated Depreciation Car Insurance
(1,399)
(2,798)
(4,197)
(5,595)
(6,994)
(8,393)
(9,792)
(11,191)
(12,590)
(13,988)
(15,387)
(16,786)
Total Current Assests
4,311,811
4,619,082
4,817,469
5,069,970
5,132,538
5,195,105
5,232,922
5,270,739
5,308,556
5,400,487
5,683,009
5,604,155
Fix ed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

684,200
(11,407)
264,055
(5,777)
931,071

684,200
(22,814)
264,055
(11,554)
913,887

684,200
(34,221)
264,055
(17,331)
896,704

684,200
(45,628)
264,055
(23,107)
879,520

684,200
(57,035)
264,055
(28,884)
862,336

684,200
(68,442)
264,055
(34,661)
845,152

684,200
(79,849)
264,055
(40,438)
827,968

684,200
(91,256)
264,055
(46,215)
810,784

684,200
(102,663)
264,055
(51,992)
793,601

684,200
(114,070)
264,055
(57,768)
776,417

684,200
(125,477)
264,055
(63,545)
759,233

684,200
(136,884)
264,055
(69,322)
742,049

5,242,882

5,532,969

5,714,172

5,949,490

5,994,873

6,040,257

6,060,890

6,081,523

6,102,156

6,176,904

6,442,242

6,346,204

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
242,882

5,000,000
532,969

5,000,000
714,172

5,000,000
949,490

5,000,000
994,873

5,000,000
1,040,257

5,000,000
1,060,890

5,000,000
1,081,523

5,000,000
1,102,156

5,000,000
1,176,904

5,000,000
1,442,242

5,000,000
1,346,204

Total Liabilities and Owner's equity

5,242,882

5,532,969

5,714,172

5,949,490

5,994,873

6,040,257

6,060,890

6,081,523

6,102,156

6,176,904

6,442,242

6,346,204

Total Assests
Liabilities:
Current Liabilities

Year 2
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
6,020,893
6,342,412
6,544,348
6,806,129
6,858,875
6,911,621
6,964,367
7,017,113
7,069,859
7,182,450
7,503,970
7,368,414
Prepaid Car Insurance
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
Less:Accumulated Depreciation Car Insurance
(1,399)
(2,798)
(4,197)
(5,595)
(6,994)
(8,393)
(9,792)
(11,191)
(12,590)
(13,988)
(15,387)
(16,786)
Total Current Assests
6,036,280
6,356,401
6,556,937
6,817,319
6,868,666
6,920,014
6,971,361
7,022,708
7,074,055
7,185,248
7,505,369
7,368,414
Fix ed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

684,200
(148,291)
194,733
(5,737)
724,905

684,200
(159,698)
194,733
(11,475)
707,760

684,200
(171,105)
194,733
(17,212)
690,616

684,200
(182,512)
194,733
(22,950)
673,471

684,200
(193,919)
194,733
(28,687)
656,327

684,200
(205,326)
194,733
(34,425)
639,183

684,200
(216,733)
194,733
(40,162)
622,038

684,200
(228,140)
194,733
(45,899)
604,894

684,200
(239,547)
194,733
(51,637)
587,749

684,200
(250,954)
194,733
(57,374)
570,605

684,200
(262,361)
194,733
(63,112)
553,460

684,200
(273,768)
194,733
(68,849)
536,316

6,761,185

7,064,161

7,247,553

7,490,791

7,524,993

7,559,196

7,593,399

7,627,602

7,661,805

7,755,853

8,058,829

7,904,730

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
1,761,185

5,000,000
2,064,161

5,000,000
2,247,553

5,000,000
2,490,791

5,000,000
2,524,993

5,000,000
2,559,196

5,000,000
2,593,399

5,000,000
2,627,602

5,000,000
2,661,805

5,000,000
2,755,853

5,000,000
3,058,829

5,000,000
2,904,730

Total Liabilities and Owner's equity

6,761,185

7,064,161

7,247,553

7,490,791

7,524,993

7,559,196

7,593,399

7,627,602

7,661,805

7,755,853

8,058,829

7,904,730

Total Assests
Liabilities:
Current Liabilities

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 3
Assests:
Current Assests
Cash
7,838,389
8,201,449
8,433,103
8,730,537
8,798,187
8,865,836
8,933,486
9,001,136
9,068,785
9,202,215
9,565,276
9,366,311
Prepaid Car Insurance
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
Less:Accumulated Depreciation Car Insurance
(1,399)
(2,798)
(4,197)
(5,595)
(6,994)
(8,393)
(9,792)
(11,191)
(12,590)
(13,988)
(15,387)
(16,786)
Total Current Assests
7,853,776
8,215,437
8,445,692
8,741,727
8,807,978
8,874,229
8,940,480
9,006,731
9,072,982
9,205,013
9,566,674
9,366,311
Fix ed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

684,200
(285,175)
125,884
(5,737)
519,172

684,200
(296,582)
125,884
(11,475)
502,027

684,200
(307,989)
125,884
(17,212)
484,883

684,200
(319,396)
125,884
(22,950)
467,738

684,200
(330,803)
125,884
(28,687)
450,594

684,200
(342,210)
125,884
(34,425)
433,450

684,200
(353,617)
125,884
(40,162)
416,305

684,200
(365,024)
125,884
(45,899)
399,161

684,200
(376,431)
125,884
(51,637)
382,016

684,200
(387,838)
125,884
(57,374)
364,872

684,200
(399,245)
125,884
(63,112)
347,727

684,200
(410,652)
125,884
(68,849)
330,583

8,372,948

8,717,465

8,930,575

9,209,466

9,258,572

9,307,679

9,356,785

9,405,892

9,454,998

9,569,885

9,914,402

9,696,894

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
3,372,948

5,000,000
3,717,465

5,000,000
3,930,575

5,000,000
4,209,466

5,000,000
4,258,572

5,000,000
4,307,679

5,000,000
4,356,785

5,000,000
4,405,892

5,000,000
4,454,998

5,000,000
4,569,885

5,000,000
4,914,402

5,000,000
4,696,894

Total Liabilities and Owner's equity

8,372,948

8,717,465

8,930,575

9,209,466

9,258,572

9,307,679

9,356,785

9,405,892

9,454,998

9,569,885

9,914,402

9,696,894

Total Assests
Liabilities:
Current Liabilities

P a g e | 124

Year 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
9,914,298
10,336,011
10,606,888
10,953,335
11,036,084
11,118,833
11,201,582
11,284,331
11,367,080
11,525,095
11,946,808
11,658,011
Prepaid Car Insurance
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
Less:Accumulated Depreciation Car Insurance
(1,399)
(2,798)
(4,197)
(5,595)
(6,994)
(8,393)
(9,792)
(11,191)
(12,590)
(13,988)
(15,387)
(16,786)
Total Current Assests
9,929,685
10,349,999
10,619,478
10,964,526
11,045,876
11,127,226
11,208,576
11,289,926
11,371,276
11,527,893
11,948,207
11,658,011
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

684,200
(422,059)
57,024
(1,739)
317,426

684,200
(433,466)
57,024
(3,454)
304,304

684,200
(444,873)
57,024
(5,186)
291,165

684,200
(456,280)
57,024
(6,945)
277,999

684,200
(467,687)
57,024
(8,684)
264,853

684,200
(479,094)
57,024
(10,423)
251,708

684,200
(490,501)
57,024
(12,161)
238,562

684,200
(501,908)
57,024
(13,900)
225,416

684,200
(513,315)
57,024
(15,639)
212,270

684,200
(524,722)
57,024
(17,378)
199,124

684,200
(536,129)
57,024
(19,117)
185,978

684,200
(547,536)
57,024
(20,856)
172,832

10,247,111

10,654,303

10,910,643

11,242,525

11,310,729

11,378,933

11,447,138

11,515,342

11,583,546

11,727,017

12,134,185

11,830,843

5,000,000
5,247,122

5,000,000
5,654,290

5,000,000
5,910,623

5,000,000
6,242,525

5,000,000
6,310,729

5,000,000
6,378,933

5,000,000
6,447,138

5,000,000
6,515,342

5,000,000
6,583,546

5,000,000
6,727,017

5,000,000
7,134,185

5,000,000
6,830,843

10,247,122

10,654,290

10,910,623

11,242,525

11,310,729

11,378,933

11,447,138

11,515,342

11,583,546

11,727,017

12,134,185

11,830,843

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

Year 5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
12,339,437
12,865,203
13,210,320
13,645,987
13,765,999
13,886,011
14,006,024
14,126,036
14,246,048
14,456,255
14,982,021
14,534,623
Prepaid Car Insurance
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
16,786
Less:Accumulated Depreciation Car Insurance
(1,399)
(2,798)
(4,197)
(5,595)
(6,994)
(8,393)
(9,792)
(11,191)
(12,590)
(13,988)
(15,387)
(16,786)
Total Current Assests
12,354,824
12,879,192
13,222,910
13,657,178
13,775,791
13,894,404
14,013,018
14,131,631
14,250,245
14,459,052
14,983,420
14,534,623
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

684,200
(558,943)
36,157
(1,739)
159,675

684,200
(570,350)
36,157
(3,467)
146,540

684,200
(581,757)
36,157
(5,206)
133,394

684,200
(593,164)
36,157
(6,945)
120,248

684,200
(604,571)
36,157
(8,684)
107,102

684,200
(615,978)
36,157
(10,423)
93,957

684,200
(627,385)
36,157
(12,161)
80,811

684,200
(638,792)
36,157
(13,900)
67,665

684,200
(650,199)
36,157
(15,639)
54,519

684,200
(661,606)
36,157
(17,378)
41,373

684,200
(673,013)
36,157
(19,117)
28,227

684,200
(684,420)
36,157
(20,856)
15,081

12,514,499

13,025,732

13,356,304

13,777,426

13,882,894

13,988,361

14,093,828

14,199,296

14,304,763

14,500,425

15,011,647

14,549,704

5,000,000
7,514,510

5,000,000
8,025,732

5,000,000
8,356,304

5,000,000
8,777,426

5,000,000
8,882,894

5,000,000
8,988,361

5,000,000
9,093,828

5,000,000
9,199,296

5,000,000
9,304,763

5,000,000
9,500,425

5,000,000
10,011,647

5,000,000
9,549,704

12,514,510

13,025,732

13,356,304

13,777,426

13,882,894

13,988,361

14,093,828

14,199,296

14,304,763

14,500,425

15,011,647

14,549,704

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

P a g e | 125

If cost increase 15 percent


Year 1
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb

1,272,489 1,022,000
(587,498) (471,866)
684,991
550,134

Mar
771,012
(355,980)
415,032

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

895,707 457,976 457,976 457,976 457,976 457,976 582,671 1,022,000 1,397,683


9,253,442
(413,526) (211,471) (211,471) (211,471) (211,471) (211,471) (269,017) (471,866) (645,286) (4,272,393)
482,181 246,505 246,505 246,505 246,505 246,505 313,654
550,134
752,397
4,981,049

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

Year 2
Revenue:

(57,500)
(207,000)
(4,812)
(3,968)
(273,279)

(57,500)
(3,968)
(61,468)

(57,500)
(3,968)
(61,468)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(17,965)
(1,462)
(19,427)
(430,735)
254,256
254,256
190,692
63,564

(17,965)
(1,462)
(19,427)
(213,673)
336,461
336,461
252,346
84,115

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

(5,250)

Feb

1,383,857 1,108,629
(638,911) (511,824)
744,947
596,805

(57,500)
(34,500)
(3,968)
(95,968)

(57,500)
(34,500)
(3,968)
(95,968)

(57,500) (690,000)
(34,500) (414,000)
(4,812)
(3,968)
(47,610)
(95,968) (1,156,422)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486) (121,486) (121,486) (121,486) (121,486) (121,486) (121,486)


(3,864)
(3,864)
(3,864)
(3,864)
(3,864)
(3,864)
(3,864)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(483)
(483)
(483)
(483)
(483)
(483)
(483)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(132,778) (132,778) (132,778) (132,778) (132,778) (132,778) (132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486) (1,457,832)
(3,864)
(46,368)
(125,350) (125,350)
(5,341)
(64,090)
(483)
(5,796)
(1,604)
(19,251)
(258,128) (1,718,687)

(17,965)
(1,462)
(19,427)
(213,673)
201,359
201,359
151,019
50,340

(17,965) (17,965) (17,965) (17,965) (17,965) (17,965) (17,965)


(1,462)
(1,462)
(1,462)
(1,462)
(1,462)
(1,462)
(1,462)
(19,427) (19,427) (19,427) (19,427) (19,427) (19,427) (19,427)
(213,673) (213,673) (213,673) (248,173) (248,173) (248,173) (248,173)
268,508
32,832
32,832 - 1,668 - 1,668 - 1,668
65,481
268,508
32,832
32,832 - 1,668 - 1,668 - 1,668
65,481
201,381
24,624
24,624 - 1,251 - 1,251 - 1,251
49,111
67,127
8,208
8,208 417 417 417
16,370

(17,965)
(1,462)
(19,427)
(248,173)
301,961
301,961
226,471
75,490

(17,965) (215,580)
(1,462)
(17,549)
(19,427) (233,129)
(373,523) (3,113,487)
378,874
1,867,562
(395,269)
395,269
(16,394) 1,472,293
(16,394) 1,100,121
373,423

Mar
833,001
(384,577)
448,425

(57,500)
(3,968)
(61,468)

Apr

(57,500)
(3,968)
(61,468)

May

(57,500)
(3,968)
(61,468)

Jun

(57,500)
(34,500)
(3,968)
(95,968)

Jul

(57,500)
(34,500)
(3,968)
(95,968)

Aug

(57,500)
(34,500)
(3,968)
(95,968)

Sep

Oct

Nov

Dec

970,965 489,140 489,140 489,140 489,140 489,140 627,104 1,108,629 1,521,322


(448,287) (225,831) (225,831) (225,831) (225,831) (225,831) (289,541) (511,824) (702,368)
522,679 263,310 263,310 263,310 263,310 263,310 337,564
596,805
818,955

Total
9,999,212
4,616,485
5,382,727

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expenese
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

(5,250)

(57,500) (57,500) (57,500) (57,500) (57,500) (57,500) (57,500) (57,500) (57,500) (57,500) (57,500) (57,500) (690,000)
(34,500) (34,500) (34,500) (34,500) (34,500) (34,500) (34,500) (34,500) (34,500) (34,500) (34,500) (34,500) (414,000)
(4,812) (4,812)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(43,470)
(100,434) (95,623) (95,623) (95,623) (95,623) (95,623) (95,623) (95,623) (95,623) (95,623) (95,623) (95,623) (1,152,282)

(121,486)
(3,864)

(121,486)
(3,864)

(121,486)
(3,864)

(121,486) (121,486) (121,486) (121,486) (121,486) (121,486) (121,486) (121,486)


(3,864)
(3,864)
(3,864)
(3,864)
(3,864)
(3,864)
(3,864)
(3,864)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(5,341)
(483)
(483)
(483)
(483)
(483)
(483)
(483)
(483)
(483)
(483)
(483)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(1,604)
(132,778) (132,778) (132,778) (132,778) (132,778) (132,778) (132,778) (132,778) (132,778) (132,778) (132,778)

(121,486) (1,457,832)
(3,864)
(46,368)
(125,350) (125,350)
(5,341)
(64,090)
(483)
(5,796)
(1,604)
(19,251)
(258,128) (1,718,687)

(17,924)
(1,462)
(19,386)
(257,848)
487,098
487,098
365,324
121,775

(17,924)
(1,462)
(19,386)
(247,787)
349,018
349,018
261,764
87,255

(17,924)
(1,462)
(19,386)
(247,787)
200,638
200,638
150,478
50,159

(17,924) (215,085)
(1,462)
(17,549)
(19,386) (232,634)
(373,137) (3,108,852)
445,818 2,273,874
(517,162) (517,162)
(71,344) 1,756,712
(71,344) 1,299,698
457,014

(17,924) (17,924) (17,924) (17,924) (17,924) (17,924) (17,924)


(1,462)
(1,462)
(1,462)
(1,462)
(1,462)
(1,462)
(1,462)
(19,386) (19,386) (19,386) (19,386) (19,386) (19,386) (19,386)
(247,787) (247,787) (247,787) (247,787) (247,787) (247,787) (247,787)
274,892
15,523
15,523
15,523
15,523
15,523
89,777
274,892
15,523
15,523
15,523
15,523
15,523
89,777
206,169
11,642
11,642
11,642
11,642
11,642
67,333
68,723
3,881
3,881
3,881
3,881
3,881
22,444

(17,924)
(1,462)
(19,386)
(247,787)
349,018
349,018
261,764
87,255

P a g e | 126

Year 3
Revenue:

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,506,603
(695,603)
810,999

Mar

1,204,440
(556,097)
648,343

Apr

901,478
(416,176)
485,301

May

1,053,109
(486,188)
566,920

Jun

523,500
(241,698)
281,801

Jul

523,500
(241,698)
281,801

Aug

523,500
(241,698)
281,801

Sep

523,500
(241,698)
281,801

Oct

523,500
(241,698)
281,801

Nov

675,131
(311,710)
363,420

Dec

1,204,440
(556,097)
648,343

Total

1,658,133
(765,512)
892,621

10,820,831
(4,995,876)
5,824,956

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 4
Revenue:

(5,250)
(57,500)
(34,500)
(4,812)
(3,623)
(100,434)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(57,500)
(34,500)
(3,623)
(95,623)

(5,250)
(0)
(690,000)
(414,000)
(4,812)
(43,470)
(1,152,282)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(125,350)
(5,341)
(483)
(1,604)
(258,128)

(1,457,832)
(46,368)
(125,350)
(64,090)
(5,796)
(19,251)
(1,718,687)

(17,924)
(1,462)
(19,386)
(257,848)
553,151

(17,924)
(1,462)
(19,386)
(247,787)
400,556

(17,924)
(1,462)
(19,386)
(247,787)
237,515

(17,924)
(1,462)
(19,386)
(247,787)
319,134

(17,924)
(1,462)
(19,386)
(247,787)
34,015

(17,924)
(1,462)
(19,386)
(247,787)
34,015

(17,924)
(1,462)
(19,386)
(247,787)
34,015

(17,924)
(1,462)
(19,386)
(247,787)
34,015

(17,924)
(1,462)
(19,386)
(247,787)
34,015

(17,924)
(1,462)
(19,386)
(247,787)
115,634

(17,924)
(1,462)
(19,386)
(247,787)
400,556

553,151
414,863
138,288

400,556
300,417
100,139

237,515
178,136
59,379

319,134
239,350
79,783

34,015
25,511
8,504

34,015
25,511
8,504

34,015
25,511
8,504

115,634
86,725
28,908

400,556
300,417
100,139

(17,924)
(1,462)
(19,386)
(373,137)
519,484
(649,831)
(130,347)
(130,347)
-

(215,085)
(17,549)
(232,634)
(3,108,852)
2,716,103
(649,831)
2,066,272
1,517,117
549,155

Jan
Sale Revenue
Cost of Goods Sold
Gross Profit

Feb
1,707,759
(788,488)
919,271

Mar

1,360,905
(628,304)
732,601

Apr

1,013,253
(467,810)
545,443

May

1,187,428
(548,218)
639,210

Jun

579,610
(267,595)
312,015

34,015
25,511
8,504
Jul

579,610
(267,595)
312,015

34,015
25,511
8,504
Aug

579,610
(267,595)
312,015

Sep

579,610
(267,595)
312,015

Oct

579,610
(267,595)
312,015

Nov

753,087
(347,681)
405,406

1,360,905
(628,304)
732,601

Dec
1,880,737
(868,321)
1,012,416

Total
12,162,122
(5,615,102)
6,547,020

Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends
Year 5 Year 5
Revenue:
Sale Revenue
Cost of Goods Sold
Gross Profit
Expense:
Marketing Expense
Borchure
Operating Expense
Rental Fees (Nimmanhaemin Street)
Rental Fees (Kadsuankeaw)
Stationary Expense
Gasoline Expense
Total Operation Expense
Administration Expense
Salary Expense
Social Insurance
Motivation Expense
Electricity Expense
Water Expense
Internet and Telephone Expense
Total Administration Expense
Deprecitaion Expense
Equipment&Vehicle
Car Insurance
Total Depreciation Expense
Total Expense
Operating Income
Tax Expense
Net Income
Retain Earining
Dividends

(5,250)

(5,250)

(69,000)
(34,500)
(4,812)
(3,623)
(111,934)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(69,000)
(34,500)
(3,623)
(107,123)

(828,000)
(414,000)
(4,812)
(43,470)
(1,290,282)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(5,341)
(483)
(1,604)
(132,778)

(121,486)
(3,864)
(125,350)
(5,341)
(483)
(1,604)
(258,128)

(13,743)
(1,462)
(15,206)
(265,168)
654,103

(13,743)
(1,462)
(15,206)
(255,106)
477,494

(13,743)
(1,462)
(15,206)
(255,106)
290,336

(13,743)
(1,462)
(15,206)
(255,106)
384,103

(13,743)
(1,462)
(15,206)
(255,106)
56,908

(13,743)
(1,462)
(15,206)
(255,106)
56,908

(13,743)
(1,462)
(15,206)
(255,106)
56,908

(13,743)
(1,462)
(15,206)
(255,106)
56,908

(13,743)
(1,462)
(15,206)
(255,106)
56,908

(13,743)
(1,462)
(15,206)
(255,106)
150,299

(13,743)
(1,462)
(15,206)
(255,106)
477,494

654,103
490,577
163,526

477,494
358,121
119,374

290,336
217,752
72,584

384,103
288,077
96,026

56,908
42,681
14,227

56,908
42,681
14,227

56,908
42,681
14,227

150,299
112,724
37,575

477,494
358,121
119,374

(13,743)
(1,462)
(15,206)
(380,456)
631,960
(840,099)
(208,140)
(208,140)
-

(1,457,832)
(46,368)
(125,350)
(64,090)
(5,796)
(19,251)
(1,718,687)
(0)
(164,922)
(17,549)
(182,471)
(3,196,689)
3,350,331
(840,099)
2,510,232
1,830,639
679,593

Jan

Feb
2,015,258
(930,409)
1,084,848

Mar

1,600,769
(739,061)
861,708

Apr

1,184,385
(546,827)
637,558

May

1,393,076
(643,162)
749,913

Jun

665,551
(307,305)
358,246

56,908
42,681
14,227
Jul

665,551
(307,305)
358,246

56,908
42,681
14,227
Aug

665,551
(307,305)
358,246

Sep

665,551
(307,305)
358,246

Oct

665,551
(307,305)
358,246

Nov

873,443
(403,284)
470,159

Dec

Total

1,600,769 2,223,551
(739,061) (1,026,607)
861,708 1,196,944

14,219,004
(6,564,935)
7,654,069

(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(69,000)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(34,500)
(4,812) (3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(3,623)
(111,934)
(107,123)
(107,123) (107,123) (107,123) (107,123) (107,123) (107,123) (107,123) (107,123)
(107,123) (107,123)

(828,000)
(414,000)
(4,812)
(43,470)
(1,290,282)

(121,486)
(3,864)

(121,486)
(3,864)
(125,350)
(5,341)
(483)
(1,604)
(258,128)

(1,457,832)
(46,368)
(125,350)
(64,090)
(5,796)
(19,251)
(1,718,687)

(13,743)
(1,462)
(15,206)
(380,456)
816,488
(1,172,214)
606,602
(355,726)
454,951
(355,726)
151,650
-

(164,922)
(17,549)
(182,471)
(3,196,689)
4,457,380
(1,172,214)
3,285,166
2,374,943
910,223

(5,250)

(5,250)

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(121,486)
(3,864)
-

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(5,341)
(483)
(1,604)
(132,778)

(13,743)
(1,462)
(15,206)
(265,168)
819,680

(13,743)
(1,462)
(15,206)
(255,106)
606,602

(13,743)
(1,462)
(15,206)
(255,106)
382,452

(13,743)
(1,462)
(15,206)
(255,106)
494,807

(13,743)
(1,462)
(15,206)
(255,106)
103,140

(13,743)
(1,462)
(15,206)
(255,106)
103,140

(13,743)
(1,462)
(15,206)
(255,106)
103,140

(13,743)
(1,462)
(15,206)
(255,106)
103,140

(13,743)
(1,462)
(15,206)
(255,106)
103,140

(13,743)
(1,462)
(15,206)
(255,106)
215,053

(13,743)
(1,462)
(15,206)
(255,106)
606,602

819,680
614,760
204,920

606,602
454,951
151,650

382,452
286,839
95,613

494,807
371,105
123,702

103,140
77,355
25,785

103,140
77,355
25,785

103,140
77,355
25,785

103,140
77,355
25,785

103,140
77,355
25,785

215,053
161,289
53,763

P a g e | 127

Year 1
Jan
Feb
Net Income
254,256
Cash Flow from Operating Activities
Adjusted Depriciation
19,427
Prepaid Car Insurance
(17,549)
Total Cash Flow from Operating Activities
1,878
Cash Flow from Investing Activities
Invest expenese
(276,058)
Vehicles
(715,300)
Total Cash Flow from Investing Activities
(991,358)
Cash Flow from Financing Activities
Received money from investor
5,000,000
Dividend Expense
(63,564)
Total Cash Flow from Financing Activities
4,936,436
Cash flow at end of period
4,201,213
Cash balance at start of period
Cash balance at end of period
Year 2
Net Income
Cash Flow from Operating Activities
Adjusted Depriciation
Prepaid Car Insurance
Total Cash Flow from Operating Activities
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
Total Cash Flow from Financing Activities
Cash flow at end of period

Jan

Year 4
Net Income
Cash Flow from Operating Activities
Adjusted Depriciation
Prepaid Car Insurance
Total Cash Flow from Operating Activities
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
Total Cash Flow from Financing Activities
Cash flow at end of period

Cash balance at start of period


Cash balance at end of period

Jun

19,427

19,427

19,427

19,427

(84,115)
(84,115)
271,773

(50,340)
(50,340)
170,447

(67,127)
(67,127)
220,808

4,201,213
4,472,987

4,472,987
4,643,433

4,643,433
4,864,242

Mar

Apr
200,638

19,386

(75,490)
(75,490)
245,898

4,864,242
4,908,293

4,908,293
4,952,344

4,952,344
4,970,521

4,970,521
4,988,697

4,988,697
5,006,873

5,006,873
5,075,412

5,075,412
5,321,310

(121,775)
(121,775)
367,161

(87,255)
(87,255)
281,150

(50,159)
(50,159)
169,865

(68,723)
(68,723)
225,555

5,324,343
5,691,504

5,691,504
5,972,654

5,972,654
6,142,519

6,142,519
6,368,074

Mar

19,386
(17,549) 1,837

Apr
237,515

19,386

7,575,630
7,773,152

7,773,152
8,031,889

Jan

Feb
654,103

Mar
477,494

15,206
(17,549) (2,343)

Apr
290,336

15,206

6,492,187
6,523,216

6,523,216
6,609,935

6,609,935
6,891,084

6,891,084
6,839,126

Jul

Aug

34,015

19,386

Sep

34,015

19,386
-

19,386

(8,504)
(8,504)
44,897

(8,504)
(8,504)
44,897

(8,504)
(8,504)
44,897

(8,504)
(8,504)
44,897

(28,908)
(28,908)
106,111

(100,139)
(100,139)
319,803

0
0
(110,961)

8,031,889
8,076,786

8,076,786
8,121,683

8,121,683
8,166,580

8,166,580
8,211,477

8,211,477
8,256,375

8,256,375
8,362,486

8,362,486
8,682,289

8,682,289
8,571,329

Jul

56,908

Aug

56,908

15,206
-

56,908

15,206
-

15,206

Oct

56,908

15,206
-

15,206

Sep

56,908

15,206
-

15,206

19,386

(8,504)
(8,504)
44,897

Jun

19,386
-

19,386

(130,347)

19,386
-

19,386

Dec
400,556

19,386
-

19,386

Nov
115,634

19,386
-

19,386

34,015

19,386
-

19,386

Oct

34,015

19,386
-

19,386

15,206
-

6,461,159
6,492,187

May

15,206

6,430,131
6,461,159

384,103

15,206
-

15,206

6,399,102
6,430,131

7,255,827
7,575,630

6,368,074
6,399,102

6,839,126
7,255,827

0
0
(51,958)

(79,783)
(79,783)
258,736

19,386

(87,255)
(87,255)
281,150

34,015

19,386
-

19,386

(22,444)
(22,444)
86,719

Jun

19,386
-

19,386

(71,344)

(3,881)
(3,881)
31,028

(59,379)
(59,379)
197,522

19,386
-

19,386

Dec
349,018

(3,881)
(3,881)
31,028

(100,139)
(100,139)
319,803

19,386
-

19,386

Nov
89,777

(3,881)
(3,881)
31,028

19,386

(138,288)
(138,288)
416,700

19,386
-

19,386

Oct
15,523

5,321,310
5,324,343

(3,881)
(3,881)
31,028

19,386
-

19,386
-

19,386
-

May

19,386

Sep
15,523

0
0
3,033

(3,881)
(3,881)
31,028

319,134

19,386
-

19,386

Aug
15,523

19,386
-

19,386
-

400,556

Jul
15,523

19,386
-

19,386
-

Feb

(16,370)
(16,370)
68,538

553,151

-(417)
(417)
18,176

15,523

-(417)
(417)
18,176

Jun

19,427

-(417)
(417)
18,176

19,386
-

19,427

(8,208)
(8,208)
44,051

Jan

19,427

19,427

(16,394)

19,427

19,427

Dec
301,961

19,427

19,427

Nov
65,481

19,427

19,427

May

19,386

19,427

19,427

Oct
1,668

(8,208)
(8,208)
44,051

274,892

19,386
-

19,386

Sep
1,668 -

19,427

19,427

Aug
1,668 -

19,427

19,427

349,018

Jul
32,832 -

32,832

Feb

May
268,508

19,427

19,386
(17,549) 1,837

Cash balance at start of period


Cash balance at end of period
Year 5
Net Income
Cash Flow from Operating Activities
Adjusted Depriciation
Prepaid Car Insurance
Total Cash Flow from Operating Activities
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
Total Cash Flow from Financing Activities
Cash flow at end of period

19,427

487,098

Cash balance at start of period


Cash balance at end of period

Apr
201,359

4,201,213

Cash balance at start of period


Cash balance at end of period
Year 3
Net Income
Cash Flow from Operating Activities
Adjusted Depriciation
Prepaid Car Insurance
Total Cash Flow from Operating Activities
Cash Flow from Investing Activities
Invest expenese
Vehicles
Total Cash Flow from Investing Activities
Cash Flow from Financing Activities
Received money from investor
Dividend Expense
Total Cash Flow from Financing Activities
Cash flow at end of period

Mar
336,461

15,206
-

15,206

Nov
150,299

Dec
477,494

15,206
-

15,206

15,206
-

15,206

(208,140)

15,206
-

15,206

15,206

15,206

(163,526)
(163,526)
488,234

(119,374)
(119,374)
373,327

(72,584)
(72,584)
232,958

(96,026)
(96,026)
303,283

(14,227)
(14,227)
57,887

(14,227)
(14,227)
57,887

(14,227)
(14,227)
57,887

(14,227)
(14,227)
57,887

(14,227)
(14,227)
57,887

(37,575)
(37,575)
127,930

(119,374)
(119,374)
373,327

0
0
(192,934)

8,571,329
9,059,563

9,059,563
9,432,889

9,432,889
9,665,848

9,665,848
9,969,131

9,969,131
10,027,018

10,027,018
10,084,905

10,084,905
10,142,792

10,142,792
10,200,679

10,200,679
10,258,566

10,258,566
10,386,496

10,386,496
10,759,823

10,759,823
10,566,889

Jan

Feb

Mar

819,680

606,602

15,206
(17,549)
(2,343)

Apr
382,452

15,206

May
494,807

15,206
-

15,206

15,206
-

15,206
-

Jun
103,140
15,206
-

15,206
-

Jul
103,140

Aug
103,140

15,206
-

15,206

Sep
103,140

15,206
-

15,206

Oct
103,140

15,206
-

15,206

Nov
215,053

15,206
-

15,206

Dec
606,602

15,206
-

15,206

(355,726)

15,206
-

15,206

15,206
-

15,206
-

15,206
-

(204,920)
(204,920)
612,417

(151,650)
(151,650)
470,157

(95,613)
(95,613)
302,045

(123,702)
(123,702)
386,311

(25,785)
(25,785)
92,561

(25,785)
(25,785)
92,561

(25,785)
(25,785)
92,561

(25,785)
(25,785)
92,561

(25,785)
(25,785)
92,561

(53,763)
(53,763)
176,495

(151,650)
(151,650)
470,157

0
0
(340,521)

10,566,889
11,179,306

11,179,306
11,649,463

11,649,463
11,951,508

11,951,508
12,337,819

12,337,819
12,430,380

12,430,380
12,522,940

12,522,940
12,615,501

12,615,501
12,708,061

12,708,061
12,800,622

12,800,622
12,977,117

12,977,117
13,447,274

13,447,274
13,106,753

P a g e | 128

Year 1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
4,201,213
4,472,987
4,643,433
4,864,242
4,908,293
4,952,344
4,970,521
4,988,697
5,006,873
5,075,412
5,321,310
5,324,343
Prepaid Car Insurance
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
Less:Accumulated Depreciation Car Insurance
(1,462)
(2,925)
(4,387)
(5,850)
(7,312)
(8,775)
(10,237)
(11,699)
(13,162)
(14,624)
(16,087)
(17,549)
Total Current Assests
4,217,300
4,487,611
4,656,595
4,875,941
4,918,530
4,961,119
4,977,833
4,994,547
5,011,261
5,078,336
5,322,772
5,324,343
Fix ed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

715,300
(11,926)
276,058
(6,039)
973,393

715,300
(23,851)
276,058
(12,079)
955,428

715,300
(35,777)
276,058
(18,118)
937,463

715,300
(47,702)
276,058
(24,158)
919,498

715,300
(59,628)
276,058
(30,197)
901,533

715,300
(71,553)
276,058
(36,237)
883,568

715,300
(83,479)
276,058
(42,276)
865,603

715,300
(95,404)
276,058
(48,316)
847,638

715,300
(107,330)
276,058
(54,355)
829,673

715,300
(119,255)
276,058
(60,395)
811,708

715,300
(131,181)
276,058
(66,434)
793,743

715,300
(143,106)
276,058
(72,474)
775,778

5,190,692

5,443,038

5,594,058

5,795,439

5,820,063

5,844,687

5,843,436

5,842,185

5,840,934

5,890,044

6,116,515

6,100,121

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
190,692

5,000,000
443,038

5,000,000
594,058

5,000,000
795,439

5,000,000
820,063

5,000,000
844,687

5,000,000
843,436

5,000,000
842,185

5,000,000
840,934

5,000,000
890,044

5,000,000
1,116,515

5,000,000
1,100,121

Total Liabilities and Owner's equity

5,190,692

5,443,038

5,594,058

5,795,439

5,820,063

5,844,687

5,843,436

5,842,185

5,840,934

5,890,044

6,116,515

6,100,121

Total Assests
Liabilities:
Current Liabilities

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 2
Assests:
Current Assests
Cash
5,691,504
5,972,654
6,142,519
6,368,074
6,399,102
6,430,131
6,461,159
6,492,187
6,523,216
6,609,935
6,891,084
6,839,126
Prepaid Car Insurance
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
Less:Accumulated Depreciation Car Insurance
(1,462)
(2,925)
(4,387)
(5,850)
(7,312)
(8,775)
(10,237)
(11,699)
(13,162)
(14,624)
(16,087)
(17,549)
Total Current Assests
5,707,591
5,987,278
6,155,681
6,379,773
6,409,339
6,438,905
6,468,471
6,498,037
6,527,603
6,612,859
6,892,547
6,839,126
Fix ed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

715,300
(155,032)
203,584
(5,998)
757,854

715,300
(166,957)
203,584
(11,997)
739,931

715,300
(178,883)
203,584
(17,995)
722,007

715,300
(190,808)
203,584
(23,993)
704,083

715,300
(202,734)
203,584
(29,991)
686,159

715,300
(214,659)
203,584
(35,990)
668,236

715,300
(226,585)
203,584
(41,988)
650,312

715,300
(238,510)
203,584
(47,986)
632,388

715,300
(250,436)
203,584
(53,984)
614,464

715,300
(262,361)
203,584
(59,983)
596,541

715,300
(274,287)
203,584
(65,981)
578,617

715,300
(286,212)
203,584
(71,979)
560,693

6,465,445

6,727,209

6,877,687

7,083,856

7,095,498

7,107,141

7,118,783

7,130,425

7,142,067

7,209,400

7,471,164

7,399,819

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
1,465,445

5,000,000
1,727,209

5,000,000
1,877,687

5,000,000
2,083,856

5,000,000
2,095,498

5,000,000
2,107,141

5,000,000
2,118,783

5,000,000
2,130,425

5,000,000
2,142,067

5,000,000
2,209,400

5,000,000
2,471,164

5,000,000
2,399,819

Total Liabilities and Owner's equity

6,465,445

6,727,209

6,877,687

7,083,856

7,095,498

7,107,141

7,118,783

7,130,425

7,142,067

7,209,400

7,471,164

7,399,819

Total Assests
Liabilities:
Current Liabilities

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year 3
Assests:
Current Assests
Cash
7,255,827
7,575,630
7,773,152
8,031,889
8,076,786
8,121,683
8,166,580
8,211,477
8,256,375
8,362,486
8,682,289
8,571,329
Prepaid Car Insurance
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
Less:Accumulated Depreciation Car Insurance
(1,462)
(2,925)
(4,387)
(5,850)
(7,312)
(8,775)
(10,237)
(11,699)
(13,162)
(14,624)
(16,087)
(17,549)
Total Current Assests
7,271,913
7,590,254
7,786,314
8,043,588
8,087,023
8,130,458
8,173,892
8,217,327
8,260,762
8,365,411
8,683,752
8,571,329
Fix ed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

715,300
(298,138)
131,605
(5,998)
542,769

715,300
(310,063)
131,605
(11,997)
524,846

715,300
(321,989)
131,605
(17,995)
506,922

715,300
(333,914)
131,605
(23,993)
488,998

715,300
(345,840)
131,605
(29,991)
471,074

715,300
(357,765)
131,605
(35,990)
453,151

715,300
(369,691)
131,605
(41,988)
435,227

715,300
(381,616)
131,605
(47,986)
417,303

715,300
(393,542)
131,605
(53,984)
399,379

715,300
(405,467)
131,605
(59,983)
381,456

715,300
(417,393)
131,605
(65,981)
363,532

715,300
(429,318)
131,605
(71,979)
345,608

7,814,683

8,115,100

8,293,236

8,532,586

8,558,097

8,583,608

8,609,119

8,634,630

8,660,141

8,746,866

9,047,283

8,916,937

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
2,814,683

5,000,000
3,115,100

5,000,000
3,293,236

5,000,000
3,532,586

5,000,000
3,558,097

5,000,000
3,583,608

5,000,000
3,609,119

5,000,000
3,634,630

5,000,000
3,660,141

5,000,000
3,746,866

5,000,000
4,047,283

5,000,000
3,916,937

Total Liabilities and Owner's equity

7,814,683

8,115,100

8,293,236

8,532,586

8,558,097

8,583,608

8,609,119

8,634,630

8,660,141

8,746,866

9,047,283

8,916,937

Total Assests
Liabilities:
Current Liabilities

P a g e | 129

Year 4
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
9,059,563
9,432,889
9,665,848
9,969,131
10,027,018
10,084,905
10,142,792
10,200,679
10,258,566
10,386,496
10,759,823
10,566,889
Prepaid Car Insurance
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
Less:Accumulated Depreciation Car Insurance
(1,462)
(2,925)
(4,387)
(5,850)
(7,312)
(8,775)
(10,237)
(11,699)
(13,162)
(14,624)
(16,087)
(17,549)
Total Current Assests
9,075,650
9,447,514
9,679,009
9,980,830
10,037,255
10,093,679
10,150,104
10,206,529
10,262,953
10,389,421
10,761,285
10,566,889
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests

715,300
(441,244)
59,616
(1,808)
331,865

715,300
(453,169)
59,616
(3,626)
318,121

715,300
(465,095)
59,616
(5,443)
304,379

715,300
(477,020)
59,616
(7,262)
290,634

715,300
(488,946)
59,616
(9,080)
276,891

715,300
(500,871)
59,616
(10,898)
263,147

715,300
(512,797)
59,616
(12,716)
249,404

715,300
(524,722)
59,616
(14,534)
235,660

715,300
(536,648)
59,616
(16,352)
221,917

715,300
(548,573)
59,616
(18,169)
208,174

715,300
(560,499)
59,616
(19,987)
194,431

715,300
(572,424)
59,616
(21,806)
180,686

9,407,514

9,765,635

9,983,388

10,271,464

10,314,145

10,356,826

10,399,508

10,442,189

10,484,870

10,597,595

10,955,716

10,747,575

Owner's Equity:
Investor's Capital
Retain Earning

5,000,000
4,407,514

5,000,000
4,765,635

5,000,000
4,983,387

5,000,000
5,271,464

5,000,000
5,314,145

5,000,000
5,356,827

5,000,000
5,399,508

5,000,000
5,442,189

5,000,000
5,484,870

5,000,000
5,597,595

5,000,000
5,955,715

5,000,000
5,747,576

Total Liabilities and Owner's equity

9,407,514

9,765,635

9,983,387

10,271,464

10,314,145

10,356,827

10,399,508

10,442,189

10,484,870

10,597,595

10,955,715

10,747,576

Total Assests
Liabilities:
Current Liabilities

Year 5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Assests:
Current Assests
Cash
11,179,306
11,649,463
11,951,508
12,337,819
12,430,380
12,522,940
12,615,501
12,708,061
12,800,622
12,977,117
13,447,274
13,106,753
Prepaid Car Insurance
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
17,549
Less:Accumulated Depreciation Car Insurance
(1,462)
(2,925)
(4,387)
(5,850)
(7,312)
(8,775)
(10,237)
(11,699)
(13,162)
(14,624)
(16,087)
(17,549)
Total Current Assests
11,195,393
11,664,088
11,964,670
12,349,518
12,440,617
12,531,715
12,622,813
12,713,911
12,805,009
12,980,042
13,448,736
13,106,753
Fixed Assests
Vehicles
Less:Accumulated Depriciation Vehicles
Equipment
Less:Accumulated Depriciation Equipment
Total Fixed Assests
Total Assests

715,300
(584,350)
37,801
(1,808)
166,943

715,300
(596,275)
37,801
(3,626)
153,200

715,300
(608,201)
37,801
(5,444)
139,456

715,300
(620,126)
37,801
(7,262)
125,713

715,300
(632,052)
37,801
(9,079)
111,970

715,300
(643,977)
37,801
(10,898)
98,226

715,300
(655,903)
37,801
(12,716)
84,482

715,300
(667,828)
37,801
(14,534)
70,739

715,300
(679,754)
37,801
(16,351)
56,996

715,300
(691,679)
37,801
(18,170)
43,252

715,300
(703,605)
37,801
(19,988)
29,508

715,300
(715,530)
37,801
(21,806)
15,765

11,362,336

11,817,287

12,104,126

12,475,231

12,552,587

12,629,940

12,707,295

12,784,649

12,862,005

13,023,293

13,478,244

13,122,518

5,000,000
6,362,336

5,000,000
6,817,287

5,000,000
7,104,126

5,000,000
7,475,231

5,000,000
7,552,586

5,000,000
7,629,940

5,000,000
7,707,295

5,000,000
7,784,650

5,000,000
7,862,004

5,000,000
8,023,294

5,000,000
8,478,245

5,000,000
8,122,518

11,362,336

11,817,287

12,104,126

12,475,231

12,552,586

12,629,940

12,707,295

12,784,650

12,862,004

13,023,294

13,478,245

13,122,518

Liabilities:
Current Liabilities
Owner's Equity:
Investor's Capital
Retain Earning
Total Liabilities and Owner's equity

P a g e | 130

Year 1
Year 2
Year 3
Year 4
Year 5

Normal
Sale Decrease 5% Sale Decrease 10% Sale Decrease 15% Cost Increase 5% Cost Increase 10% Cost Increase 15%
2,146,352
1,958,259
1,764,115
1,569,971
1,921,547
1,696,921
1,472,293
2,459,245
2,255,978
2,046,180
1,836,383
2,223,982
1,988,900
1,756,712
2,803,445
2,582,346
2,355,371
2,128,397
2,556,636
2,310,006
2,066,272
3,311,962
3,064,581
2,809,412
2,554,243
3,043,636
2,775,485
2,510,232
4,173,620
3,882,550
3,584,330
3,286,109
3,876,386
3,579,327
3,285,166

This is the total amount of profit in each year combine with each situation. Our
Company can summary that cost increase have effect to profit more than sale decrease
but not different too much, all of these risk will not cause too high damaged to company
because in above of this project, our company show that percent for each product have
more than 100% profit/products.
So it cant turn profit in to loss so easy from these types of effects. The most
important risk for our company is supplier that can continued and sustained or not if
sales amount have still increasing.

P a g e | 131

Chapter 9
Conclusion

P a g e | 132

Nowadays, Thai people hardly wear Thai traditional or native clothing.


Although those clothes are represent Thai culture and show the charm of Thai people.
Therefore, our group wants to create something for Thai people to conserve and show
our Thai culture. However, the reason that people do not want to wear native clothes is
because it is so old-fashioned, so our group will design and create modern native
clothing.
The clothing market value of Thailand right now has more than 100,000 million
baht. About half of it is Thais brand and another half is foreign brand and Right now,
the situation of clothing market value is increasing because Thai people interested in
clothing and dress more, so the market continued growth multiple by next 2 or 3 year.
Include with number of travelers in Thailand is about 19 million persons and the
number is still increasing by 9.83 percent every year.

Including with another opportunities that clothing business will booming such as
AEC (ASEAN Economic Community) that will occur in 2015. It has effect to clothing
business because of many travelers from AEC member country will come to travel
more.
From all of above that explains the opportunities to do clothing business and the
reason that we want to create something to show Thai culture. Therefore, our project is
to create modern native clothing that can show Thai culture with modern and unique
style and provide to local people and travelers.

P a g e | 133

Year 1
Year 2
Year 3
Year 4
Year 5

Normal
Sale Decrease 5% Sale Decrease 10% Sale Decrease 15% Cost Increase 5% Cost Increase 10% Cost Increase 15%
2,146,352
1,958,259
1,764,115
1,569,971
1,921,547
1,696,921
1,472,293
2,459,245
2,255,978
2,046,180
1,836,383
2,223,982
1,988,900
1,756,712
2,803,445
2,582,346
2,355,371
2,128,397
2,556,636
2,310,006
2,066,272
3,311,962
3,064,581
2,809,412
2,554,243
3,043,636
2,775,485
2,510,232
4,173,620
3,882,550
3,584,330
3,286,109
3,876,386
3,579,327
3,285,166

This is the total amount of profit in each year combine with each situation. Our
Company can summary that cost increase have effect to profit more than sale decrease
but not different too much, all of these risk will not cause too high damaged to company
because in above of this project, our company show that percent for each product have
more than 100% profit/products.
So it cant turn profit in to loss so easy from these types of effects. The most
important risk for our company is supplier that can continued and sustained or not if
sales amount have still increasing.

P a g e | 134

Hand - Yah Brand


Seat No.1
Member
5131203190

Krittiya Kanthawong

5331203024

Chinnapong Kanna

5331203043

Tawatchai Intanon

5331203059

Papitchaya Teerarattananon

5331203122

Puyayisa Punreun

5331203139

Atiwat Yuwitaya

5331207024

Pimonpan Noisapung

5431203012

Chalinan Chantanam

P a g e | 135