PARTNERSHIP
PURPOSE OF THE BUSINESS
President
President
- Communication skills
- Teamwork skills
- Self- motivated
- Commercial awareness
Cylindrical bamboo
incubator basket (
1 5000 5,000
45cm in diameter and
60 cm deep)
Total 5,000
Furniture and Fittings
Description Number Unit cost Total cost
required
V. Technology
330x 330 M
100 25 2,500
plastic egg
trays with
golden color
and has a
capacity of 30
eggs with a
weight of 150
to 200g
Storage
cabinet made
2 2,800 5,600
of plywoods,
rectangular in
shape, 3
layers and has
a length of 5
meters and 3
meters width.
Total 8,100
Pre- operating Activities and Expenses
Total 13,000
Office equipment
Description Number Required Unit cost Total cost
Cyclone fire
extinguisher ABC dry 1 3,000 3,000
chemical bundle (red)
with 1 x 05 lbs with
free wall bracket
Total 3,000
Administrative Cost
Taxes 500
Total 11,500
Future capacity
Snails 10 sacks 0 0
Total 57. 50
Building
Made up of bamboo,
wood and nipa with
1 31, 720 31,720
one storage room
which measures "3x4"
meter square
Total 31,720
Life of Fixed Assets
Total 67,792
Terms and Condition of Purchase of Fixed Assets
Particulars Cost
Fixed assets:
Vehicle 620,000
Machinery and tools 3,000
Furniture and fittings 8,100
Building 31,720
Office equipments 3,000
Total fixed asset 665,820
Pre- operating expenses
Licensing 3,000
Advertising 10, 000
Miscellaneous 3,500
Electricity 1,500
Fuel expense 500
Total Pre- operating Expenses 18,500
TOTAL PROJECT COST 684, 320
Financial Assumption
Direct Materials
Miscellaneous expense
Year 1 Year 2 Year 3 Year 4 Year 5
30, 684 32, 218.20 33, 829. 11 35,520. 57 37, 296.60 39, 161.43
Depreciation expense
Amount Estimated life Depreciation Cost
Gross sales
Year 1 Year2 Year 3 Year 4 Year 5
Operating expenses
Utilities expenses
Depreciation
Less: Depreciation 40 40 40 40 40
Liabilities 0 0 0 0 0
Total Liabilities 0 0 0 0 0
Owners’ equity
1 1,528,555.59 2,328,555.59 66 %
2 1,564,371.44 2,414,371.44 65 %
3 1,600,310.43 2,500,310.43 64 %
4 1,636,283.72 2,586,283.72 63 %
5 1,671,522.35 2,651,522.35 63 %