F.

FINANCIAL PLAN
The business will cost Php. 33,000.00. The proponents will use their own funds to
start the business.

Startup Budget
Every business needs start-up capital to be able to use in financing some
aspects of the business till the business is able to sustain itself, and make profit.
The key areas I therefore intend to spend my start-up capital on are;

 Business Permit - …..

 Cost of purchasing the raw ingredients (powder flavors, syrup, tapioca pearls)
– 8,000
 Cost of packaging (cups, lids and labels) – 10,000
 Marketing promotion (soft opening promotion) - 1,500
 Bubble tea making equipment (Tea equipment, plastic containers, Shaker,
jigger, stirrer, tapioca strainer, pitcher, squeezer, etc.) –12,000
 Other expenses (Utility and water expenses) -1,000

From the above report, I would need an estimated amount of Php. 33,000.00 to
be able to start and successfully run a small bubble tea/milk tea business.

A. Financial Statement

Art Tea Bubble Milktea Shop

FINANCIAL STATEMENT
January 31, 2021

Net Sales 650,000

Less: Cost of Goods Sold (303,355)
Gross Income 346,645
OPERATING EXPENSES
Supplies 20,000

Rent 30,000
Advertising Expense 3,000
Miscellaneous 20,100
TOTAL EXPENSES 73,000

Net Income before Taxes 273,645

Less: Income Taxes (10,000)
Net Income after Taxes 263,645

B. Cash Flow Analysis

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