MARIANO MARCOS STATE UNIVERSITY

College of Business, Economics, and Accountancy

STUDENT ACTIVITY SHEET

MGT 13 | Business Planning, Operations and Management

Activity 7 – Financial Plan

Instructions:

 Before submission, the file must be converted to PDF.

 Deadline: November 23, 2022, at 5:00 PM.
 All group leaders must submit the output in the google drive provided.
 Do not forget to include the names of your groupmates.

1. Start-up Capital Requirement

 Indicate the amount and specify if necessary
 Type N/A if the expenses is none.
 Add new rows if necessary
Pre-operating expenses
Business permit/Licenses PHP 23, 553.00
(total amount of licenses placed in Activity 5)
Initial promotional expenses (specify)
-Print Ads PHP 3,000.00
Consultancy fees from an expert N/A
Cost of recruitment and training
-Marketing Seminar PHP 2,000.00
-Production Seminar PHP 5,000.00
Fixes capital investment
Land N/A
Buildings 100,000
Furnitures and Fixtures (specify and add new rows if necessary)
-2 Money Locker PHP 10,000.00
Vehicles (specify and add new rows if necessary)
-1 Delivery Truck PHP 100,000.00
Machineries and equipment (specify and add new rows if necessary)
-1 Portable Electric Drill PHP 1,500.00
-1 Portable Orbital Sander PHP 1,835.00
-1 Electric Planer PHP 1,700.00
Working capital
Employee salaries for 3 months
-Managers PHP 36,000.00
-Production Associate PHP 32, 400.00
-Woodworking Machine Operator PHP 30,000.00
-Finance Officer PHP 30, 000.00
-Designer PHP 30,000.00
-Assistant PHP 30,000.00
Rent for 3 months (if not renting, type N/A) PHP 9,000.00
Utility bills for 3 months:
 Electricity PHP 24,00.00
 Internet PHP 15,00.00
 Water PHP 2,000.00
Other business-related expenses (specify)
Contingency fund (specify the percentage and the amount) PHP 250,000-10%
TOTAL PHP 636,588.00

#16S Quiling Sur, City of Batac, Ilocos Norte

 cbea@mmsu.edu.ph  (077) 670-3736 www.mmsu.edu.ph
 MARIANO MARCOS STATE UNIVERSITY
College of Business, Economics, and Accountancy

2. Source of Funding and DEBT CAPITAL:

Explain The company decides to borrow money to the bank as a source of
starting capital. The owners of the company have not enough money to
start a business. It will take the risk to

3. Balance sheet (In this portion, see slide 52 in Unit 1 and use the sample balance sheet as a reference in
creating your own).

CASH INCOME/MONTHLY- PHP307,943.00

FIXED ASSET- PHP205,035.00
TOTAL ASSET-PHP512,978.00

LIABILITIES-0
OWNERSHIP EQUITY- PHP512,978
TOTAL LIABILITIES AND OWNERS EQUITY- PHP512,978

4. Cash Flow (In this portion, see slide 53 in Unit 1 and use the sample cash flow as a reference in creating your
own).

CASH BEGINNING: PHP 182,588

CASH INFLOW
SALES REVENUE: PHP 307,943
CASH OUTFLOW

UTILITIES: PHP 46,035

ADVERTISING : PHP 3,000
TRANSPORTATION: PHP 100,000
SUPPLIES AND MATERIALS : PHP 10,000
PERMIT AND LICENSE: PHP 23,553

PHP 182,588
CASH ENDING PHP 307,943

MEMBERS:
GUZMAN, CRISTINE MAE V.
CASTOR, JOHN MOISES
MAGUSLOG, EDWIN
EDURISE, WARREN
BALANTAC, ALEXIS

#16S Quiling Sur, City of Batac, Ilocos Norte

 cbea@mmsu.edu.ph  (077) 670-3736 www.mmsu.edu.ph