Example of how to estimate expenses:

A. Estimate Monthly Expenses

Estimate of Monthly expenses based Estimate of cash needed
on monthly sales of 100,000 to start your business
Item 1 2
Owner's Salary M$8,000 M$24,000 3 months
All other salaries M$11,700 M$35,100
Rent or mortgage payment M$9,000 M$27,000
Advertising and publicity M$2,500 M$7,500
Distribution expenses M$3,000 M$6,000 2 months
Supplies M$40,000 M$80,000 2 months
Telephone and fax M$250 M$750
Utilities (gas, electricity, etc.) M$2,000 M$6,000
Insurance M$250 M$750
Taxes (federal, state, local, social security) M$5,500 M$16,500
Loan & interest payment M$2,900 M$8,700 Loan of RM. 100.000 * 5 Years
Maintenance M$250 M$750
Professional fees (lawyer, accountant, etc.) M$400 M$1,200
Miscellaneous M$2,500 M$7,500
Total M$88,250 M$221,750
B. Estimated Furniture and Equipment
If paying fully in cash, enter full If paying in installments, list below. In last column on right,
amount below and in last column enter down payment plus one installment payment Total Cash Needed
Item on right For Furniture and
Price Down payment Each installment Equipment
Kitchen Equipment M$105,000 M$105,000
Counters M$32,000 M$32,000
Awning, signage M$7,500 M$7,500
Displays M$26,000 M$26,000
Lighting M$5,500 M$5,500
Computer/Cash Register M$10,000 M$10,000
Total furniture and equipment costs M$186,000
C. One-Time Start-Up Costs
Furniture and equipment (part B) M$186,000
Remodeling M$15,000
Installation costs for furniture and equipment M$2,500
Starting inventory M$54,000
Utilities deposits M$1,000
Professional fees M$2,200
Licenses M$500
Publicity (start-up promotion) M$15,000
Cash M$5,000
Other M$5,000
Total M$286,200
Total from column 2 in part A M$221,750
GRAND TOTAL M$507,950
 January February March April May June July August September October November December TOTAL
Income
Sales MYR 60,000 MYR 80,000 MYR 100,000 MYR 100,000 MYR 100,000 MYR 120,000 MYR 100,000 MYR 85,000 MYR 110,000 MYR 100,000 MYR 100,000 MYR 120,000 MYR 1,175,000

Costs
COGS
Supplies MYR 24,000 MYR 32,000 MYR 40,000 MYR 40,000 MYR 40,000 MYR 48,000 MYR 40,000 MYR 34,000 MYR 44,000 MYR 40,000 MYR 40,000 MYR 48,000 MYR 470,000
Distribution expenses MYR 3,000 MYR 4,000 MYR 5,000 MYR 5,000 MYR 5,000 MYR 6,000 MYR 5,000 MYR 4,250 MYR 5,500 MYR 5,000 MYR 5,000 MYR 6,000 MYR 58,750
Total Expenses
Owner's Salary MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 8,000 MYR 96,000
All other salaries MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 11,700 MYR 140,400
Rent MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 9,000 MYR 108,000
Advertising and publicity MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 30,000
Telephone and fax MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 3,000
Utilities MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 2,000 MYR 24,000
Insurance MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 3,000
Taxes MYR 3,300 MYR 4,400 MYR 5,500 MYR 5,500 MYR 5,500 MYR 6,600 MYR 5,500 MYR 4,675 MYR 6,050 MYR 5,500 MYR 5,500 MYR 6,600 MYR 64,625
Loan & interest MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 2,900 MYR 34,800
Maintenance MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 250 MYR 3,000
Professional fees MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 400 MYR 4,800
Miscellaneous MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 2,500 MYR 30,000
TOTAL MYR 70,050 MYR 80,150 MYR 90,250 MYR 90,250 MYR 90,250 MYR 100,350 MYR 90,250 MYR 82,675 MYR 95,300 MYR 90,250 MYR 90,250 MYR 100,350 MYR 1,070,375

PROFIT/LOSS -MYR 10,050 -MYR 150 MYR 9,750 MYR 9,750 MYR 9,750 MYR 19,650 MYR 9,750 MYR 2,325 MYR 14,700 MYR 9,750 MYR 9,750 MYR 19,650 MYR 104,625
 YEAR 1 YEAR 2 YEAR 3
Income
Sales MYR 1,175,000 MYR 1,292,500 MYR 1,357,125

Costs
COGS
Supplies MYR 470,000 MYR 517,000 MYR 542,850
Distribution expenses MYR 58,750 MYR 64,625 MYR 67,856
Total Expenses
Owner's Salary MYR 96,000 MYR 105,600 MYR 116,160
All other salaries MYR 140,400 MYR 154,440 MYR 169,884
Rent MYR 108,000 MYR 108,000 MYR 108,000
Advertising and publicity MYR 30,000 MYR 35,000 MYR 35,000
Telephone and fax MYR 3,000 MYR 3,000 MYR 3,000
Utilities MYR 24,000 MYR 24,000 MYR 25,000
Insurance MYR 3,000 MYR 3,000 MYR 3,000
Taxes MYR 64,625 MYR 71,088 MYR 74,642
Interest MYR 34,800 MYR 34,800 MYR 34,800
Maintenance MYR 3,000 MYR 3,000 MYR 3,500
Professional fees MYR 4,800 MYR 4,800 MYR 5,000
Miscellaneous MYR 30,000 MYR 30,000 MYR 35,000
TOTAL MYR 1,070,375 MYR 1,158,353 MYR 1,223,692

PROFIT/LOSS MYR 104,625 MYR 134,148 MYR 133,433