Business Plan_TechSpace.pdf

S2108076 LEONG CHEE YAN Taking the plunge
Starting and Growing a Profitable Business – Starting Up
Business Plan Template
TechSpace
Business Plan
[period the business plan covers]
1. Executive Summary
(We suggest you complete this section after you have completed the other sections of the Business
Plan.)
Bioinformatics uses modern computing techniques and analysis for biological information.
Bioinformatics is widely used in fields that require processing techniques for large data sets,
such as genome sequencing. Bioinformatics is also used in the pharmaceutical industry to
identify combinations of molecules that are more likely to produce useful drugs.
We plan to build an online platform where users can distribute information while
researchers can publish their research results, and the industry brings market demand
forward. The platform provides several functions from standard search to custom analytics
reports to enhance collaboration between universities, research centres and other
organizations as well as bridge the gap between science and technology to entrepreneurial
means by enabling academic knowledge accessed by industry and individuals in the form of
products, services, and consulting. This can maintain effective global relationships and
cooperation between each sector related to research and technology where the needs of each
sector can be met in a more efficient manner.
TechSpace is a sole proprietorship bioinformation business. Business is an online
platform where consumers can distribute information while researchers can publish their
research results, and the industry is bringing market demand forward in Malaysia. Here is
the VMO setting for TechSpace: The vision is to collect, integrate, share and allocate updated
research information and market demand around the world through our one -stop platform
in a timely manner. We contribute to enhancing international academic communication, as
well as encouraging advanced research and product development projects, to increase
business profitability through high efficiency and precision matching in a rapidly growing
resource pool while the mission is to provide a digital platform where researchers and
investors in Malaysia can find, identify and communicate with each other effectively and
efficiently. we communicate effective, efficient and accurate information and industry needs
between researchers and investors, to support the research process and increase the rate of
commercialization of research products.

Currently, our administrative structure is headed by a General Manager and assisted
by 3 employees to ensure the business runs smoothly. Marketing activities are implemented
according to the marketing mix (4P) where the prices set on the products offered are
reasonable and competitive. The products produced are also quality, attractive and meet the
tastes of today's customers. The chosen venue is also strategic and has a market that
guarantees this business records an increase in sales and profits over time. Promotions are
also conducted aggressively and vigorously to ensure the loyalty of existing customers and
attract new customers. TechSpace also ensures that business operations run smoothly.
Business operating hours are implemented considering the factors of times when there is a
large presence of customers and vice versa. The purchase of raw materials is highly
emphasized so that there is no decision or shortage of raw materials as this will disrupt the
operation of the business. To run smoothly. We are targeting sales to increase by 2% while
profit based on sales is by 10% per month. This business plan is prepared to obtain a loan
from MARA's Business Improvement Financing Scheme (SPiM) / Young Entrepreneur
Fund (SME Bank) / TEKUN Niaga Financing Scheme / Public Bank Credit Guarantee
Scheme (CGC) (choose one). The total loan to be obtained is RM100k. The purpose is to
cover the cost of changing applications and launching trials in the marketplace.

2. Introduction and Company Overview
(Provide a brief description of what your business is, who is involved, what you want to achieve and how
you will measure success. Include a description of your product or service and explain your USP.)
TechSpace is a platform that benefits "pro development" and "people development."
TechSpace is software designed to act as a medium for building networks between
researchers from all fields. The platform allows researchers from universities, research
centres and other organizations to stay in touch with each other as well as with existing
private sector companies or newly created start -up companies.
The platform can offer information related to the latest research areas and new
technologies according to user preferences, increasing the accuracy and effectiveness in
obtaining information. Their research team or marketing team can promote or commercialize
their research products or academic knowledge to companies or investors who may be
interested in their research products, allowing that knowledge to be translated directly into
commercial value. The platform allows researchers to find the most suitable laboratory
partner to conduct research of mutual interest. With TechSpace, researchers can find the right
partner to perfect a project and entrepreneurs can get resources like human resources or good
projects using this app, because TechSpace, provides a WYSIWYG development experience
(what users see is what users will get). Users have real functional applications very early in
the development process, and if new needs arise, new features can be added in the next
version.
Mission of the TechSpace is provide a digital platform where researchers and
investors in Malaysia can find, identify, and connect with each other effectively and
efficiently. we communicate effective, efficient, and accurate information and industry needs
between researchers and investors, to support the research process and increase the rate of
commercialization of research products while the vision is to collect, integrate, share and
allocate the latest research information and market demand around the world through our
one -stop platform in a timely manner. We contribute to enhancing international academic
communication, as well as to encouraging advanced research and product development
projects, to increase business profitability through high efficiency and accuracy matching
within a rapidly growing resource pool.
At TechSpace, we instil four "2MBIs across our ecosystem as core values: Manage
professional identities, build professional networks, maintain connections and Identify the

right talent. Researchers must have the heart and humility to serve, the hunger to implement
and bring ideas to life, and the honour to keep their word and this app can be one of the tools
to speed up team building and resource allocation and it is also a platform to entrepreneurs
where can access more options and choices on products and tailor research results according
to market needs.
Values of TechSpace
Values that TechSpace software can bring to the society are bridge the gap between science
and technology into entrepreneurial ways by commercialising researcher’s product. In
addition, Researchers able to create immediate, measurable market opportunity for academic
research outputs and foster innovation and entrepreneurial skills within their academics.
While Companies can find the suitable research team to investigate on their products of
interest.
The tagline “Fulfil your requirement in one app” and focus of TechSpace are We use
IT to improve business, health and life and we are concerned more professionals can receive
quality projects and the project can benefit the community, society, and nation. In additional,
research commercialization allows technology created during research activities to be further
developed into marketable products for the benefit of the public. This is achieved
through technology transfer, which is the process by which technology, skills, or knowledge
developed during research activities at the research institution are applied and used in another
place. Technology transfer often refers to transferring a technology between a research
laboratory and a commercial partner, including industry, academia. The value from the
technology commercialisation depends very much on what happens before the product is
being developed. Thus, it is encouraged for academic researchers to embark for
commercialisation at the beginning of their research endeavours.
TechSpace business statement
We plan to build an online platform on which users can distribute information while
researchers can broadcast their research outcomes, and industries bring forward the market
demands. This platform provides several functions from standard search to custom analytics
report to enhance collaboration between universities, research centres and other
organisations as well as bridges the gap between science and technology into entrepreneurial
ways by enabling academic knowledge to be accessible for industries and individuals in the

form of products, services, and consultation. This can maintain an effective connection and
cooperation globally between each research and technology related sectors in which the
needs of each sector can be fulfilled in a more efficient way.
MANAGEMENT PLAN
In the TechSpace business, we place great emphasis on close relationships and effective
collaboration between management and employees. Therefore, we believe that by providing
a good and clean environment, we can promote confidence among employees, high team
spirit and be able to give full commitment in running the company's operations. These
positive values need to be inculcated in the employees because it can help in developing our
business. The management members hired have been selected based on their experience and
creativity in running our business. The selection of good management members can help in
growing the business. This is because the experience they have can be applied in running
this business.
MANAGEMENT TEAM & COMPANY STRUCTURE
Our management team consists of employees who are highly educated and have the
necessary work experience. We have also identified the skills and abilities that are
appropriate for the position. With this, we were able to form a good management team in
TechSpace.
CHART ORGANIZATION

Job of CEO
The main function of the CEO is to guide your company’s employees. Find each department
to fulfil the function assigned to it. To guide their employees, CEOs consider the instructions
and orders given by the board of directors, which is the company’s regulatory body and
general manager. The CEO is responsible for delegating company responsibilities among all
departments. For example, it describes the correspondence department the systematization
of letters, memos and other written communications received by the company or issues. The
board of directors, which consists of departmental directors and company shareholders,
provides guidelines aimed at standardizing company actions and regulating the functions of
general directors. The general director is responsible for decisions made by the board to be
implemented by the corresponding departments.
Job of CTO
The responsibilities of a CTO in each company will affect several factors such as the size of
the company, the industry, the business model, to the number of employees. However, in
general the role of a CTO is as follows: Develop technical aspects of company strategy to
ensure alignment with business objectives， discover and apply new technologies that
produce a competitive advantage, assist the department in using technology profitably,
oversee the infrastructure system to ensure its function and effectiveness, develop quality
assurance and data protection processes, uses impressions or feedback of interest to inform
improvements as well as adjustments needed in terms of technology
However, when viewed from his main duties, there are usually several types of CTOs which,
among others, are as follows:
• Infrastructure. CTOs by type can be tasked with overseeing company data, security,
preservation, and company networking as well as can implement company technical
strategies. The CTO infrastructure can also manage the company’s technology
roadmap.
• Planner. CTO is tasked with creating a vision of how technology can be used in a
company while setting a technical strategy for the company. This type of CTO will

also look at how the application of new technologies is further in the company to
ensure its success.
• Consumer Focused. CTO has a role as a liaison between the customer and the
business by taking on a role in customer relations. Not only that, but this type of CTO
also needs to understand the target market and help deliver information technology
projects to the market.
Job of CMO
Data analysis includes:
Predict business trends and customer behaviour.
Present reports based on data collection, data interpretation and analysis.
Contribute to business decisions through significant research queries.
• Make a strategic plan that includes:
Prepare a comprehensive marketing strategy to combine between sales and growth strategies.
Participate in developing market segmentation, prospect search, pricing strategies,
competitive analysis, and market analysis.
Using SWOT analysis to determine the microeconomic factors that will influence the success
of business management.
• Understand the company's products by:
Lead, motivate, manage, and measure sales performance.
Oversee the development of new products and create product roadmaps.
Accurately estimate future sales and budgets to ensure the effectiveness of the sales force.

3. Market and Competitors
(Provide an overview of the market you are working in, including a competitor analysis, and explain how
you plan to compete. Give details about your target markets, your customers’ needs and how you match
those needs.)
INDUSTRY ANALYSIS
We chose to venture into the IT industry because it provides many opportunities for new
entrepreneurs to start a business. Furthermore, the opportunities in the IT industry are
broader than in other industries. In addition, with the help of government agencies, it can
help us start our business operations. Next, this business was chosen because of the
emergence of ideas in diversifying the field and it can bring benefits to society and the
country.
Developments in terms of technology are very helpful for businesses to succeed, that
is, starting from the operational process, marketing and so on. It is very useful because it can
speed up the product preparation process and can reduce the use of time. In terms of
marketing, it can be promoted globally with the existence of the internet through ‘Web Sites’,
social sites that are very popular nowadays such as Facebook, Instagram, Blog and so on.
With the development of this technology will further accelerate the process for us to
commercialize our products in the country and introduce our products to the whole
community about the existence of these products. We strongly believe provides several
functions from standard search to custom analytics report to enhance collaboration between
universities, research centres and other organisations as well as bridges the gap between
science and technology into entrepreneurial ways by enabling academic knowledge to be
accessible for industries and individuals in the form of products, services, and consultation.
SWOT analysis
Strength
• Trial package for new users
• Package deals
• Lower employment costs
Weakness
• Start up with less resources
• Lack of funding
• Not much interaction with target
audience
Opportunity
Increasing demand
Threat

Other business imitates our product or
service.
Competitor analysis
Feature/company Own business Competitor 1 Competitor 2
Strength • Trial package
for new users
• Package deals
• Lower
employment
costs
• Popular
• Brand
visibility
• Largest
organizations
Huge, well-known
organization
Weakness • Start up with
less resources
• Lack of funding
• Not much
interaction with
target audience
• Limited
personal
attention per
client
• No trial
version for
new users
• Questionable
customer
service
• No trial
version for
new users
Marketing
strategies
• Email/ social
media
• Social
media/
email/ paid
ads
• Social
media/
email/ blog
Membership
Agreement
• Cancel anytime • Termination
based on
contract
• Termination
based on
contract
Location Malaysia Overseas, Malaysia Overseas
Solution to compete with competitors
1. Set competitive pricing
• Our company can offer more affordable pricing to beat our competitors. Our
company need to know about our competition’s services are priced at and

research which competitors offer the least value to determine the ideal price
point.
2. Provide great customer service
• Our company providing great and memorable customer service is a great way
to build loyalty among our customers and differentiate us from competition.
• Our company put a priority on hiring employees who have a full
understanding of not just our product/ service, but our brand as a whole.
• For example, our company may provide customer service training involves
weeks or months.
3. Set a unique selling proposition and stay ahead of our competition in terms of quality,
price, and customer service.
• Our business should innovate often and in manner that the competition finds
hard to imitate.
Target market for TechSpace is:
• Researchers from all fields
• Universities, research centres and other organisations
• Existing private sector companies or newly created start-up companies.
Customers’ needs
1. Providing information
• Our company offers customers videos, demo and research will help customers
successfully use our service.
2. Providing assistance
• Our company approaches customers with a personalized, warm welcome.
• Our company probes politely to understand all the customer’s needs.
• Our company listens for and resolve any issues or concerns.
3. Risk-reduction
• Our service having transparent policy, free trial or guarantee, privacy protection to
reduce risk heavily.

4. Sales and Marketing Strategy
(Explain your marketing strategies and how you cut through the competition. Give details of where your
customers are and how you plan to reach them. Include your pricing strategy and a detailed sales
forecast.)
Currently, the IT industry in Malaysia is growing rapidly. The current lifestyle is causing the
demand for the use of applications and software to increase Change. This situation has
caused the IT industry to grow to meet the needs of customers. However, the IT industry
needs to ensure that the applications produced are healthy and secure.
Our business chooses to enter the IT industry because it wants to Identify new
technologies arising from research activities and Protect technology intellectual property
through patents and copyrights while also Developing marketing strategies to further develop
and commercialize technology to existing private sector companies or new start-ups realized.
This impressive growth has made us feel so excited and eager to open a business and by
itself venture into the IT and software industry in the country. We are confident that the
diversity we bring will have a positive impact on our business and in turn provide a very
lucrative return to our business.
TechSpace is a new business that is still raw in the industry. So, it makes us quite
difficult to compete and become one of the leading IT companies in this already growing
industry. But competing in this huge industry is not a barrier for you to continue to be one
of the most well -known and well -known brands around the world. It is true that our
competition is well established and gained trust and loyalty from customers, but nothing is
impossible in this business world if accompanied by strong effort and passion and every
member in the business and we will be united in facing everything in this business. This
spirit of mutual help between us can avoid negative traits. Even if every competition is taken
positively, it will be an advantage in terms of products and services that we bring in this
business will be an advantage in our competition and in turn can attract customers to become
loyal customers for our products later.
MARKET ANALYSIS
The main information the market analysis made is to identify the needs and wants for
research in finding quality projects and it also provides opportunities for entrepreneurs to
make investments. In addition, market analysis is done to determine the extent of the impact
for research in completing a project. TechSpace is a business that will operate around Shah
Alam specifically conducting research that is at the University whether it is a private or

public university. It is important to note that research products created must consider the
needs of industries and they are significantly relevant for the private sector. University
should bridge the gap between science and technology into entrepreneurial ways by
commercialising researcher’s product. A strong collaboration between universities, research
centres and other organisations must be emphasised to pursue towards research products
commercialization.
MARKETING PLAN
The overall objective of Tech Space’s marketing strategy is to enable researchers from
universities, research centres and other organizations to stay in touch with each other as well
as with existing private sector companies or newly created start-ups. The platform can offer
information related to the latest research areas and new technologies according to user
preferences, increasing the accuracy and effectiveness in obtaining information. In addition,
their research teams or marketing teams may promote or commercialize their research
products or academic knowledge to companies or investors who may be interested in their
research products, allowing that knowledge to be translated directly into commercial value.

5. Operations
(Outline your operational capabilities and explain how you plan to conduct your business. Include
information about your location, premises and equipment, and your production plans, supplier base and
distribution strategies. Also include details of staff, and systems and procedures.)
DESIGN OPERATIONS
TechSpace has decided to rent the premises at 288-8 Residensi Alami, Section 13, 40100
Shah Alam, Selangor, Malaysia. This is because, a strategic location for research enrols in
using applications and queries as it is easily visible and accessible from major roads. In
addition, the site area is suitable and able to accommodate all equipment and can provide
comfort to all employees.
OPERATIONAL PLAN
The operations division needs to emphasize on several tasks such as:
➢ Ensure that raw materials are always sufficient
➢ Maintain the cleanliness of the working place and employees
➢ Monitor service levels and product quality are always in the best condition
➢ Ensure that products are produced according to the amount set.
➢ Identify comments, opinions, etc. from customers, researcher, and others.
OPERATING FLOW CHART
OPERATING CAPABILITIES
According to the operation and process flow chart, we can start the programming work and
the process of testing and fixing bugs. When a user uses our application, the quantity of
applications is always in good condition to ensure users have a good experience of using.
PRODUCTION SCHEDULE
Enterprise time refers to the time a commercial enterprise is open to customers. operating
time corresponds to the time required by the worker to paint. the entrepreneur will determine
whether the enterprise will run for one or more shifts. In our company, we decided to run
Draft and start
programming
Process of
Testing and
Fixing bugs
Marketing
Proses
Lauch in the
market

our commercial enterprise for eight hours every evening. Our commercial enterprise
operations do not have to work in two shifts because one of our commercial enterprise
guidelines is to care about our staff in addition to the manufacturing range.
BUSINESS HOUR
Business Hour are as follow:
DAYS TIME REST
Monday - Friday 8:00 a.m. – 4:00 p.m. 1:00 p.m. – 2:00 p.m.
Saturday 7:00 a.m. – 1.00 p.m. Back at 1pm .
CAPCACITY PLANNING
5.4.1 Amount of direct labour required
Workers productive time per day = daily working time - rest time or idle time of workers
= 8 hours – 1 hour
= 7 hours/day
5.4.2 Manpower Requirements
No. Position Qualification Number
1 Operation Manager Bachelor 1
2 Operation Marketing Bachelor 1
3 Programmer Bachelor 7
4 IT Professional Bachelor 1
Total 10
5.4.3 Schedule of Task and Responsibilities
No. Position Responsibilities
1 Operation Manager ✓ Responsible for controlling all employees in the
operations division.
✓ Make sure the level of production operations can
show impressive performance.

2 Marketer ✓ List out the operational marketing strategies and
starting to launch the new application in market.
3 Programmer ✓ Analyse needs.
✓ Design and model systems such as UML, flow
charts, ERD
✓ Write program code (HTML, CSS, JavaScript etc).
✓ Male debugging program.
✓ Testing or testing programs
4 IT Support ✓ Make sure all computers are usable.
✓ Make sure all computers are connected to the
network.
✓ Ensure all applications can be used and run
smoothly.
✓ Store all data on the computer used by the user.
✓ Create technical reports by way of documentation.
✓ Understand and master the basics of computers.
5.4.4 Remuneration Table
OPERATION LAYOUT PLAN
Layout refers to the action of different machines, equipment, labour and offices used in a
task. Our business format is a plan so that the creation of labour and products can be done
easily and effectively. Our business format depends on the item. This type of design is
reasonable for our business given that our creative interactions are continuous flow creations.
This design plan is made with an arrangement of exercises for creating items.

Figure 2: Layout of Business Operation
Figure 3: Office View Plan
Location
TechSpace has decided to rent the premises at 288-8 Residensi Alami, Section 13, 40100
Shah Alam, Selangor, Malaysia. This is because, a strategic location for research enrol in
using applications and queries as it is easily visible and accessible from major roads. In
addition, the site area is suitable and able to accommodate all equipment and can provide
comfort to all employees.

User Supply
Universities should bridge the gap between science and technology to entrepreneurial
means by commercializing researcher products. Strong collaboration between universities,
research centres and other organizations must be emphasized to continue the
commercialization of research products.
OPERATION COST
Operation Overhead Cost (RM)
Water 300
Electricity 2 000
Telephone 200
TOTAL 2 500
Operation Cost Per Month Cost (RM)
Raw Materials 60 686
Workers Salary 10 074
Utilities 2 500
Patty Expenses 600
TOTAL 73 860
Monthly Operation Costs Cost (RM)
Direct Material Cost
Software and Programming 60 686
Direct Labour Cost
Workers’ Salaries 10 074
Overhead Cost
Utilities
Petty Expenses
2 500 600
Total 73 860

Cost per Unit
Productivity Index
Productivity Index = 1.23
The productivity index calculated for our company is 1.23. The productivity index is
greater than 1.00. This indicates that our company has efficient business operations. An
efficient business operation will contribute to profitability and growth.

6. Financial Information
(Provide a month-by-month cashflow forecast for the first year, together with a profit and loss statement
for years 2 and 3, and a calculation of how much you need to break-even.)
Financial management may be a decision-making method associated with designing,
obtaining, and victimization funds. It will function an announcement of review and analysis
that a corporation is performance-critical to its development, growth, and survival. A
monetary manager may be a man or lady United Nations agency is chargeable for monetary
management.
Financial designing is that the step in getting ready a business set up. it's the foremost
essential side of a business set up and involves determinative the full project price, choice of
funding sources, and preparation of economic forecasts for professional forma statements,
together with income, profit and loss statements, and balance sheets. additionally, the
finances ought to be supported by a depreciation schedule for every charge closely-held and
amortization schedules for loan and rent purchase repayments. The finances are ready on
balance budgets associated with selling, operations, and management (called the operational
budget) square measure completed.
A finance shows the short- and semipermanent monetary needs for beginning a brand
new business. A finance provides high management with the monetary image of a business.
it's a report summarizing the monetary state of affairs of a business to help in creating
management choices. Managers will use monetary statements to get temporal arrangement
data regarding events so that they will take corrective action over an amount or month into
the long run.
The financial plan provides reliable data on the cost of Internet resources for profit-
oriented activities. The operating profit and loss for the relevant year need to be calculated.
It is prepared because it can help partners perceive some relevant data such as:
• Payment of term loans provided by the company.
• Potential returns to the business.
• Statement of the flow of funds for accounting amounts.
• Validate the size of the investment since implementing the coast.
• Establish and propose relevant funding sources.
• Ensure that the project has sufficient start-up capital.
• Measure project feasibility before making actual investments.
• Use as an assistant in nursing delivery guidelines.

Making employment plans, entrepreneurs have the means to make financial
statements. These processes are:
• Collect all financial inputs.
• Prepare a funding statement.
• Prepare a professional income statement.
• Monetary analysis supports higher-than-professional form reports.
Analyse the knowledge of business funds collected in financial statements to obtain
the overall financial health of the business. The currency ratio squared measure is used to
analyse a business' currency performance, and even analysis is used to calculate the sales
needed to hide the overall value.
STRATEGIES OF FINANCIAL PLAN.
✓ Make sure our company has sufficient cash to trade accounts to maintain
credit ratings and meet unexpected cash needs.
✓ Provide input to other departments such as administration, marketing and
operations to achieve business objectives.
✓ Ensuring increased operating profit at good times.
✓ Serving customers well and accepting all their advice may increase our
business earnings.
✓ Prepare a sufficient stockpile, especially of waste disposal equipment. All data
of financial plan plus together in financial information from administration,
marketing and operating expenses and must be collected by financial
department to prepare the financial plan.
The following need to be prepared as a part of the Financial Plan:
✓ Project Implementation Cost Schedule
✓ Sources of Fund Schedule
✓ Pro-forma Cash flow
✓ Pro-forma Balance Sheet

Financial Information
The estimated cost to start the business is around RM 500,000.00. The source of funds is
the partner's capital contribution as account opening funds and financial institution loans.
Table 1: Financial Information
POSITION NAME OF PARTNERS PERCENTAGE
General Manager Leong Chee Yan 30%
Operation Manager Lin Hui 30%
Financial Manager Yap Yu Xian 30%
Marketing Manager Mr Rahim 5%
Administration Manager Mrs. Nurul Atikah 5%
Contribution of the capital by the partners:
Table 2: Financial Information
NAME OF PARTNERS AMOUNT (RM)
Leong Chee Yan 30,000
Lin Hui 20,000
Yap Yu Xian 20,000
Mr Rahim 15,000
Mrs. Nurul Atikah 15,000

PROJECT IMPLEMENTATION COST & SOURCE OF FINANCIAL
Table 3: Project implementation cost & source of financial ( Forecasting )
Pro- FORMA PRODUCTION COST STATEMENT
Table 4: Pro-Forma Production Cost Statement （ Forecast ）
PRO-FORMAODUCTION COST STATEMENT

Pro- Forma Income Statement ( Forecast )
Table 5: Pro-Forma Pro- Forma Income Statement ( Forecast )
Year 1 Year 2 Year 3
Sales 3,114,711 3,114,711 3,768,800
Less: Cost of Sales
Opening Stock of Finished Goods
2,880 3,600
Production Cost 854,046 945,074 1,025,180
Less: Ending Stock of Finished
Goods
2,880 3,600 4,320
0 0 0
851,166 944,354 1,024,460
Gross Profit 2,263,545 2,170,357 2,744,340
Less: Expenditure
Administrative Expenditure
171,504 171,504 171,504
Marketing Expenditure 143,040 143,040 143,040
Other Expenditure
Business Registration & Licenses
2,000
Insurance & Road Tax for Motor
Vehicle
4,400 4,400 4,400
Other Pre-Operations Expenditure 7,200
Interest on Hire-Purchase 4,200 4,200 4,200
Interest on Loan 4,867 3,893 2,920
Depreciation of Fixed Assets 13,510 13,510 13,010
Total Expenditure 350,721 340,547 339,074
Net Profit Before Tax 1,912,824 1,829,810 2,405,266
Tax 0 0 0
Net Profit After Tax 1,912,824 1,829,810 2,405,266
Accumulated Net Profit 1,912,824 3,742,634 6,147,900

FORMA BALANCE SHEET

7. Appendices
(Include all documents and evidence to support your plan. This may include market research, letters of
intent and any firm orders you may have, references, portfolio of previous work, legal documents, price
lists, CVs for key team members and sample promotional material. Make sure you cross reference the
appendices to the appropriate section of the business plan.)
Sample Flyers:

Social media advertisement:
Curriculum vitae (CV) of teammates:

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