Planning Budget for Laundry Business (August 2021 - October 2021)

Number Items Needed No. of items Cost/item (Naira) Estimated Cost (Naira) Actual Cost (Naira) Difference Purchased? (Yes, No, or Pending)
1 Washing Machine 1 $50,000.00 $50,000.00 $50,000.00
2 Drying Machine 1 $110,000.00 $110,000.00 $110,000.00
4 Shop/Store 1 $200,000.00 $200,000.00 $200,000.00
5 Generator 1 $100,000.00 $100,000.00 $100,000.00
6 Iron 1 $0.00 $0.00 $0.00 $0.00
7 Steamer 1
8 Ironing board 1 $15,000.00 $15,000.00 $15,000.00
9 Customer bag (small) 200 $8,000.00 $8,000.00 $8,000.00
10 Customer bag (large) $0.00 $0.00
11 Garment bags $0.00
12 Simple Register 1 $170,000.00 $170,000.00 $170,000.00
13 Hangers 200 $50.00 $10,000.00 $10,000.00
14 Hanging rack 4 $5,000.00 $20,000.00 $20,000.00
15 Lock 1 $0.00 $0.00 $0.00 $0.00 Yes
16 Money bag 1 $0.00 $0.00 $0.00
17 Print flyers 1500 $6.00 $9,000.00 $6,000.00 $3,000.00
18 Log book for tracking 2 $0.00 $0.00 $0.00 $0.00
19 Laundry detergent 5 $5,000.00 $25,000.00 $25,000.00
20 Fabric softener 2 $2,000.00 $4,000.00 $4,000.00
21 Bucket 3 $2,500.00 $7,500.00 $7,500.00
22 Basin 2 $13,000.00 $26,000.00 $26,000
23 Stain remover (bleach etc) 5 $1,500.00 $7,500.00 $7,500
24 Waste bin 1 $5,000.00 $5,000.00 $5,000
25 Towels for floor and hand 3 $1,000.00 $3,000.00 $3,000
26 Table 1 $10,000.00 $10,000.00 $10,000
27 Chairs 2 $10,000.00 $20,000.00 $20,000
28 Mopping sticks & bucket 1 $7,000.00 $7,000.00 $7,000
29 Paints Yes
30 curtain Yes
31 Banner for name & location 1 $5,300.00 $5,300.00 $5,300
32 Miscellaneous $20,000.00 $20,000.00 $20,000
Total $740,356.00
Starting Balance $832,300.00
Overall Total $826,300.00
 Planning Budget for Laundry Business
Number Items Needed No. of items Cost/item (Naira) Estimated Cost (Naira) Actual Cost (Naira) Difference Purchased? (Yes, No, or Pending)
1 Washing Machine 1 100,000.00 $100,000.00 $100,000.00
2 Drying Machine 1 50,000.00 $50,000.00 $50,000.00
3 Dry Cleaning Machine 1 150,000.00 $150,000.00 $150,000.00
4 Shop/Store 1 150,000.00 $150,000.00 $150,000.00
5 Generator $0.00 $0.00
6 Iron 2 40,000 $80,000.00 60,000 $20,000.00
7 Ironing board $0.00 $0.00
8 Customer bag (small) $0.00 $0.00
9 Customer bag (large) $0.00 $0.00
10 Garment bags $0.00 $0.00
11 Simple Register $0.00 $0.00
12 Hangers $0.00 $0.00
13 Hanging rack $0.00 $0.00
14 $0.00 $0.00
15 $0.00 $0.00
16 $0.00 $0.00
17 $0.00 $0.00
18 $0.00 $0.00
19 $0.00 $0.00
20 $0.00 $0.00

Total $530,000.00 60000