Total Project Cost

Activity Description Cost

Pre-operating Cost
Project Planning 5,000
Capital Sourcing 4,000
Business Location Selection
2,630
(Leasing Requirements)
Marketing Expense 15,000
Hiring and Training Employees 20,000
Launching 20,000
Registration 30,000
Total 96,630
Construction and Installation
Materials Cost 40,329
Labor Cost 50,000
Total 90,329
Working Capital Requirement
Cost of Goods Sold 1,479,185 3 Months
Operating Expenses 200,714
Total 1,679,898
Fixed Assets 230,735
Total Project Cost 2,097,592
Say 2,100,000

Sources of Capital:
Capital Contribution 1,260,000 60%
Loan from Bank 840,000 40%
 FIXED ASSET COST
Children Salon Materials and Equipment
Hood dryers ₱ 1,499.00
Heat lamps 2,349.00
Blow dryers 1,320.00
Hair straighteners 2,150.00
Hair curlers 1,490.00
Hair clippers 349.00
Shears and scissors 899.00
Rattail combs 499.00
Wide-Toothed combs 850.00
Round brushes 750.00
Vented brushes 649.00
Paddle brushes 699.00
Hair cutting capes 499.00
Salon towels 399.00
Hand mirrors 650.00
Hair water spray bottles 250.00
Hair clips 99.00
Aprons 590.00
Salon latex gloves 149.00
Carts and trolleys 3,499.00
Salon Retail stand 4,550.00
₱ 24,188.00
Emergency Equipment
Fire extinguisher 4,590.00
Fire blankets 9,500.00
Smoke detectors 23,450.00
₱ 37,540.00
Cleaning Tools and Equipment
Washing machine 4,700.00
Dustpan 420.00
Brooms 300.00
₱ 5,420.00
Cleaning Supplies
Dishwashing soap 850.00
Bathroom cleaner 1,050.00
Bathroom freshener 1,280.00
Tissue paper 500.00
Hand sanitizer 790.00
Rags 230.00
₱ 4,700.00
Office Equipment
Reception desk 15,500.00
Reception chairs 5,050.00
₱ 20,550.00
Office Supplies
Ballpen 750.00
Pencil 450.00
Marker pen 1,150.00
Bond papers 1,100.00
Folder 1,200.00
Paper clip 550.00
Scotch tape 550.00
Staples 500.00
Receipts 490.00
Calculator 1,460.00
₱ 8,200.00
Office Devices
Laptop/Personal Computer 30,000.00
Phone 7,800.00
₱ 37,800.00
Furniture
Sofa 14,999.00
Salon children chairs 12,999.00
Chairs/Stools 4,700.00
Big Mirrors 2,500.00
₱ 35,198.00
Other Supplies and Stuffs
Toys 20,450.00
Air conditioner 24,189.00
CCTV 12,500.00
₱ 57,139.00
Total Fixed Asset 230,735.00
 SERVICE
25%
Mark-up Price
Service Mix Material Cost Labor Cost Overhead Cost Total Cost
(25%)
Set A: 2 service 307 54 48.91 410.09 102.52
Set B: 1 service 225 27 24.46 276.27 69.07
Set C: All 3 Service 390 81 73.37 543.92 135.98

387.35
128.54
SERVICE MIX 515.89
Set A: Shampoo Shampoo +
+ Haircut / Haircut +
Shampoo + Shampoo
blower blower
Shampoo
Set B: 1 service Blower
Haircut +
Shampoo
Set C: All 3
Haircut +
Service
blower
Selling Price
₱512.61 361 4,800.00 1733664
₱345.33 252 5,400.00 1359774
₱679.89 471 6,000.00 2823300
5916738
 No. of Total
Worker Monthly
Job Position s Daily Rate Total Daily Rate Rate
Receptionist 1 435 435 9,570
Barbers/Hairstylists 5 500 2,500 55,000
Security Guard 1 435 435 9,570
Manager 1 1,000 1,000 22,000
Accounting Staff 1 750 750 16,500
Utility Staff 1 435 435 9,570
Total 7 3555 5,555 122,210
Annual Cost
Package A 53.92 4,800.00
Package B 26.96 5,400.00
Package C 80.88 6,000.00
Total Labor Cost
Unallocated Cost Labor Cost
Advertising
Rental Expenses
Maintenance
Depreciation Expenses
Interest Expenses
Total Overhad Cost

Package A 48.91 4,800.00

Package B 24.46 5,400.00
Package C 73.37 6,000.00
 Annual
Wages
114,840.00
660,000.00
114,840.00
264,000.00
198,000.00
114,840.00
1,466,520.00

258,816.00
145,584.00
485,280.00
889,680.00
576,840.00
18,400.00
60,000.00
24,000.00
26,984.52
100,800.00
807,024.52

234,770.77
132,058.56
440,195.19

807,024.52
 Set A
Quantit
Price Unit Cost per
y Used
Materials Unit Description Quantity Cost (Php) per unit Quantity
per
(Php) Used (Php)
Order
Shears and scissors Pcs 1 Per piece 7 659 3.62 2 7.24
Rattail combs Pcs 1 Per piece 8 46 1.53 2 3.06
Wide-Toothed combs Pcs 1 Per piece 8 40 1.33 2 2.66
Round brushes Pcs 1 Per piece 5 130 4.33 2 8.66
Vented brushes Pcs 1 Per piece 5 350 11.67 2 23.34
Paddle brushes Pcs 1 Per piece 5 150 5 2 10.00
Hair cutting capes Pcs 1 Per piece 5 49 1.63 2 3.26
Salon towels Pcs 1 Per piece 5 99 3.3 2 6.60
Hand mirrors Pcs 1 Per piece 5 95 3.17 2 6.34
Hair water spray bottles Pcs 1 Per piece 3 85 2.83 2 5.66
Hair clips Pcs 10pcs per pack 20 20 2 4 8.00
Aprons Pcs 1 per pack 5 40 40 2 80.00
Salon latex gloves 2 pcs per pack 8 75 142.44 1 142.44
total 307.26

85
30
2.83333333333
 Set B
Price Quantity Unit Cost per
Quantit
Materials Unit Description Cost (Php) per unit Used per Quantity
y
(Php) Order Used (Php)

Shears and scissors Pcs 1 Per piece 7 659 3.62 1 3.62

Rattail combs Pcs 1 Per piece 8 46 1.53 1 1.53
Wide-Toothed combs Pcs 1 Per piece 8 40 1.33 1 1.33
Round brushes Pcs 1 Per piece 5 130 4.33 1 4.33
Vented brushes Pcs 1 Per piece 5 350 11.67 1 11.67
Paddle brushes Pcs 1 Per piece 5 150 5 1 5.00
Hair cutting capes Pcs 1 Per piece 5 49 1.63 1 1.63
Salon towels Pcs 1 Per piece 5 99 3.3 1 3.30
Hand mirrors Pcs 1 Per piece 5 95 3.17 1 3.17
Hair water spray
bottles
Pcs 1 Per piece 3 85 2.83 1 2.83
Hair clips Pcs 10pcs per pack 20 20 2 2 4.00
Aprons Pcs 1 per pack 5 40 40 1 40.00
Salon latex gloves 2 pcs per pack 8 75 142.44 1 142.44
total 224.85
 Set C
Price per Quantity Unit Cost per
Quanti
Materials Unit Description Cost (Php) unit Used per Quantity
ty
(Php) Order Used (Php)
Shears and
scissors
Pcs 1 Per piece 7 659 3.62 3 10.86
Rattail combs Pcs 1 Per piece 8 46 1.53 3 4.59
Wide-Toothed
combs
Pcs 1 Per piece 8 40 1.33 3 3.99
Round brushes Pcs 1 Per piece 5 130 4.33 3 12.99
Vented brushes Pcs 1 Per piece 5 350 11.67 3 35.01
Paddle brushes Pcs 1 Per piece 5 150 5 3 15.00
Hair cutting
capes
Pcs 1 Per piece 5 49 1.63 3 4.89
Salon towels Pcs 1 Per piece 5 99 3.3 3 9.90
Hand mirrors Pcs 1 Per piece 5 95 3.17 3 9.51
Hair water spray
bottles
Pcs 1 Per piece 3 85 2.83 3 8.49
Hair clips Pcs 10pcs per pack 20 20 2 6 12.00
Aprons Pcs 1 per pack 5 40 40 3 120.00
Salon latex
gloves
2 pcs per pack 8 75 142.44 1 142.44
total 389.67
11
 Total
No. of Direct Labor
Total Daily Monthly Annual
Job Position Workers Daily Rate Rate Rate Wages
Receptionist
Barbers/ 1 435 435 9,570 114,840 Job Position
Hairstylists
Security 5 500 2,500 55,000 660,000 plumber
construction
Guard 1 435 435 9,570 114,840 workers
Total 7 4,110 74,140 889,680

No. of Indirect Total

LaborDaily Monthly Annual
Job Position Workers Daily Rate Rate Rate Wages
Manager
Accounting 1 1,000 1,000 22,000 264,000
Staff 1 750 750 16,500 198,000
Utility Staff 1 435 435 9,570 114,840
Total 3 3,957 87,054 576,840

POSITION RATE/DAY YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Manager
Accounting 1,000 1 1 1 1 1
Staff 750 1 1 1 1 1
Utility Staff 435 1 1 1 1 1
Receptionist
Barbers/ 435 1 1 1 1 1
Hairstylists
Security 500 5 5 5 5 5
Guard 435 1 1 1 1 1
TOTAL 10 10 10 10 10

DIRECT LABOR YEAR1 YEAR2 YEAR3 YEAR4 YEAR5

Receptionist
Barbers/ 114,840 114,840 114,840 114,840 114,840 4800
Hairstylist
Security 660,000 660,000 660,000 660,000 660,000 5400
Guard 114,840 114,840 114,840 114,840 114,840 6000
SUB TOTAL 889,680.00 889,680.00 889,680.00 889,680.00 889,680.00 16,200.00

INDIRECT LABOR
Manager
Accounting 264,000.00 264,000.00 264,000.00 264,000.00 264,000.00
Staff 198,000.00 198,000.00 198,000.00 198,000.00 198,000.00
 Utility Staff 114,840.00 114,840.00 114,840.00 114,840.00 114,840.00
SUB TOTAL 576,840.00 576,840.00 576,840.00 576,840.00 576,840.00

Total Labor Cost 1,466,520.00 1,466,520.00 1,466,520.00 1,466,520.00 1,466,520.00

Renovation Labor cost Total
Total Daily Monthly
No. of Workers Daily Rate Rate Rate
1 435 435 9,570
5 460 1,840 40,430
50,000

53.92 258816 258816 53.92

26.96 145584 145584 26.96
80.88 485280 485280 80.88
889,680.00 889,680.00
 DURATION TOTAL TOTAL COST
APPLIANCE PESO /
QUANTITY WATTS OF TIME COST PER IN A MONTH
Fluorescent
S / KWH
Laptop 6 20 11
(HRS/DAY) 10.183 DAY 13.44
(PHP) 416.64
(PHP)
Lamp
Personal 1 450 10 10.183 45.82 1.420.42
AirComputer
conditioner 1 1,700 11 10.183 190.42 5,903.02
Hood dryers 3 1,500 3 10.183 137.47 4,261.57
Heat Lamps 4 250 4 10.183 40.73 1,262.63
Blow dryers 4 800 2 10.183 65.17 2,20.27
Hair
4 75 3 10.183 9.16 283. 96
straighteners
Hair curlers
Washing 3 200 4 10.183 24.44 757.64
Hair clippers 5 60 5 10.183 15.27 473.37
machine and a
2 850 3 10.183 51.93 1,609.83
dryer (for Total 14,684.70
towels)
Daily:
14,684
31
473.677419355

Hourly:
473.68
24
19.7366666667
Operating expense Preoperating expense

Salon Furniture Material Cost of Renovation

DESCRIPTION QUANTITY
COST PRICE/PIECE
TOTAL
RENOVATED
(PHP) AREA
Reception desk 1 18,500 18,500 Electrical
Reception chairs 3 4,200 12,600
Salon chairs 5 5,560 27,800
Carts and trolleys 2 4,325 8,650
Salon retail stands 2 1,199 2,398
Lighting 3 350 1,050
Magazine rack 1 235 235

Salon Electric Equipment

Plumbing

COST PRICE/PIECE
DESCRIPTION QUANTITY TOTAL
(PHP)
Hood dryers 3 1,187 3,561 Walls
Heat Lamps 4 3,865 15,460
Blow dryers 4 855 3,420
Hair straighteners 4 1,299 5,196
Hair curlers 3 1,999 5,997
Hair clippers 5 825 4,125
Washing machine and a
2 4,948 9,896
dryer (for towels)
Air Conditioner 1 9,698 9,698
Total

Salon Manager Equipment Advertising expense

COST PRICE/PIECE
DESCRIPTION QUANTITY
(PHP)
TOTAL Page
Laptop/PC 1 14,999 14,999 Advertising banner
Phone 1 9,999 9,999 promotional adds
Appointment booking /
1 2,141 2,141 TOTAL
scheduling
Salon software/
POS System
1 1,799 1,799
cashManagement
Salon Register
1 1,700 1,700
Software
Hair Salon Tools and Equipment
COST PRICE/PIECE
DESCRIPTION QUANTITY TOTAL
(PHP)
Shears and scissors 7 659 4,613
Rattail combs 8 46 368
Wide-Toothed combs 8 40 320
Round brushes 5 130 650
Vented brushes 5 350 1,750
Paddle brushes 5 150 750
Hair cutting capes 5 49 245
Salon towels 5 99 495
Hand mirrors 5 95 475
Hair water spray bottles 3 85 255
Hair clips 20 20 400
Aprons 5 40 200
Salon latex gloves 8 75 600
11,121

11,121
365
30.4684931506849
24
1.26952054794521

1.28
ng expense

of Renovation

MATERIALS UNIT COST QTY UNIT TOTAL

Electrical Wires 33 35 meter 1,155.00
3 Gang Light
240 4 piece 960
Switch
Bulb Socket 142 5 piece 710
Fluorescent Lamp
315 6 piece 1,890.00
Housing
Circuit Breaker 390 1 piece 390
Insulated Staple
35 2 box 70
Wire
Convenience Outlet 119 10 piece 1,190.00
Junction Box 169 6 piece 1,014.00
Wall Cable Cover 129 25 piece 3,225.00
Cable Clamps 8 30 piece 240
PVC Pipes 64 15 Meter 960
Fittings 159 4 piece 636
Plumbers Tape 92 1 roll 92
Faucet 245 2 piece 490
Hollow Blocks 16 250 piece 4,000.00
Cement 265.95 12 bag 3,191.40
Wrought Iron 155 20 piece 3,100.00
Sand 1,232.05 3 cu.m 3,696.15
Gravel 1,207.05 2 cu.m 2,414.10
Paint Thinner 89 15 liter 1,335.00
Lacquer Thinner 98 15 liter 1,470.00
Enamel Paint 180 45 liter 8,100.00
40,328.65

MATERIALS P TOTAL
N/A meter 3,000.00
Paid banner piece 5400
Paid Adds piece 10,000
TOTAL 18,400.00
Service Mix Cost of Goods Sold Monthly Demand Cost of Goods Sold Monthly Yearly Demand
Set A: 2 service 361 400 144,472.00 4,800.00
Set B: 1 service 252 450 113,314.50 5,400.00
Set C: All 3 Service 471 500 235,275.00 6,000.00
Total 493,061.50 16,200.00

6240 67200
387.35 128.54
2417064 8637888
129638.4
TOTAL"
Cost of Goods Sold Annually
1,733,664.00
1,359,774.00
2,823,300.00
5,916,738.00

7200
515.89
3714408

14769360

14769360
 Little Land
Projected Income Statement
As of December 31, 2023-2027
2023 2024 2025 2026
Revenue
Sales 8,404,703 8,614,821 8,830,191 9,050,946
Cost of Goods Sold 5,916,738 6,064,656 6,216,273 6,371,680
Gross Profit 2,487,965 2,550,164 2,613,918 2,679,266
Gross Rate 29.60% 29.60% 29.60% 29.60%

Pre-operating expense 96,630 - - -

Operating Expense
Advertisement Expense 18,400 18,584 18,770 18,958
Rental Expenses 60,000 60,000 60,000 60,000
Maintenance Expense 24,000 24,240 24,482 24,727
Salaries Expense 576,840 582,608 588,434 594,319
Depreciation Expense 26,985 26,985 26,985 26,985
Interest Expense 100,800 84,933 67,162 47,259
Total Operating Expense 903,655 797,350 785,833 772,247

Expense Before Income Taxes 1,584,310.63 1,752,814.26 1,828,084.97 1,907,019.51

Less: Income Tax 30% 475,293.19 525,844.28 548,425.49 572,105.85
Net Income/Loss 1,109,017.44 1,226,969.98 1,279,659.48 1,334,913.65
Return on Sales 13.20% 14% 14% 15%
 2027

9,277,220 2.50%
6,530,972 2.50%
2,746,248
29.60%

19,147
60,000
24,974
600,262
26,985
24,967
756,335

1,989,912.98
596,973.89
1,392,939.09
15%
 SERVICE

Estimated Annual Projected Sales per

Service Mix Price per Service (Php)
Demand Package
Package A 4,800.00 ₱512.61 ₱2,460,543.46
Package B 5,400.00 ₱345.33 ₱1,864,790.70
Package C 6,000.00 ₱679.89 ₱4,079,368.99
TOTAL ₱8,404,703.15

Total Demand 16,200.00

Category Sales Projection Total Sale Projection

Service Mix ₱8,404,703.15 ₱8,404,703.15

VATable Sales
Add: 12% Output Tax (Inclusive)
₱1,950,165.36
195,016.54
₱2,145,181.90
 Projected Statement of Partner’s Equity
As of December 31, 2023-2025

2023 Owner 1 Owner 2 Owner 3 Owner 4

Initial Investment 315,000 315,000 315,000 315,000
Add: Additional Investment
Partner’s Share of 2023 net income 277,254.36 277,254.36 277,254.36 277,254.36
Less: Withdrawal
Owner’s Equity End 592,254.36 592,254.36 592,254.36 592,254.36

2024
Partner’s Beginning Equity 592,254.36 592,254.36 592,254.36 592,254.36
Add: Additional Investment
Partner’s Share of 2024 net income 306,742.50 306,742.50 306,742.50 306,742.50
Less: Withdrawal
Owner’s Equity End 898,996.86 898,996.86 898,996.86 898,996.86

2025
Partner’s Beginning Equity 898,996.86 898,996.86 898,996.86 898,996.86
Add: Additional Investment
Partner’s Share of 2025 net income 319,914.87 319,914.87 319,914.87 319,914.87
Less: Withdrawal
Owner’s Equity End 1,218,911.73 1,218,911.73 1,218,911.73 1,218,911.73

2026
Partner’s Beginning Equity 1,218,911.73 1,218,911.73 1,218,911.73 1,218,911.73
Add: Additional Investment
Partner’s Share of 2026 net income 333,728.41 333,728.41 333,728.41 333,728.41
Less: Withdrawal
Owner’s Equity End 1,552,640.14 1,552,640.14 1,552,640.14 1,552,640.14

2027
Partner’s Beginning Equity 1,552,640.14 1,552,640.14 1,552,640.14 1,552,640.14
Add: Additional Investment
Partner’s Share of 2027 net income 348,234.77 348,234.77 348,234.77 348,234.77
Less: Withdrawal
Owner’s Equity End 1,900,874.91 1,900,874.91 1,900,874.91 1,900,874.91
 Total
1,260,000.00

1,109,017.44

2,369,017.44

2,369,017.44

1,226,969.98

3,595,987.42

3,595,987.42

1,279,659.48

4,875,646.90

4,875,646.90

1,334,913.65

6,210,560.56

6,210,560.56

1,392,939.09

7,603,499.65
 Little land
Projected Balance Sheet
For the Year Ended, December 31
Pre-operating 2023 2024 2025 2026
Asset
Cash 1,622,306 3,198,007 4,354,422 5,517,785 6,717,598
Prepaid Rent 60,000 60,000 60,000 60,000 60,000
Preoperating Expense 96,630 - - - -
Total Current Asset 1,778,936 3,258,007 4,414,422 5,577,785 6,777,598
Fixed Asset 321,064 321,064 321,064 321,064 321,064
Less: Accumulated Depreciation - 26,985 - 53,969 - 80,954 - 107,938
Total Non-Current Asset 321,064 294,079 267,095 240,110 213,126
Total Asset 2,100,000 3,552,086 4,681,516 5,817,895 6,990,724

Liabilities
Current Liabilities
Income Tax Payable 475,293 525,844 548,425 572,106
Total Current Liabilities - 475,293 525,844 548,425 572,106

Loan Payable 840,000 707,776 559,685 393,823 208,057

Total Long Term Liabilities 840,000 707,776 559,685 393,823 208,057

Partner’s Equity 1,260,000 2,369,017 3,595,987 4,875,647 6,210,561

Total Liabilities and Partner’s E 2,100,000 3,552,086 4,681,516 5,817,895 6,990,724

- - - - -
 2027

7,954,333
60,000
-
8,014,333
321,064
- 134,923
186,141
8,200,474

596,974
596,974

-
-

7,603,500
8,200,474

-
 Little Land
Projected Cash Flows
As of December 31, 2023-
Pre-Operating
Cash Flow for Operating Activities
Net Income before tax
Depreciation Expense
Income Tax Paid
Pre-Operating Expense (96,630)
Prepaid Rent (60,000)
Net Cash Provided by Operating Activities (156,630)
Cash Flow for Investing Activities
Fixed Asset Acquisition (321,064)
Proceeds from Sales of Fixed Assets -
Net Cash Provided by Investing Activities (321,064)
Cash Flow for Financing Activities
Cash Invested 1,260,000
Cash Borrowed from the Bank 840,000
Payment of Principal
Net Cash Provided by Financing Activities 2,100,000
Net Increase in Cash 1,622,306
Add: Cash at the Beginning of the Year 0
Cash at the End of the Year 1,622,306
 Little Land
Projected Cash Flows
As of December 31, 2023-2027
2023 2024 2025 2026 2027

1,109,017 1,226,970 1,279,659 1,334,914 1,392,939 2.50%

26,985 26,985 26,985 26,985 26,985 2.50%
475,293 50,551 22,581 23,680 24,868
96,630

1,707,925 1,304,506 1,329,225 1,385,579 1,444,792

0 0 0 0 0

(132,224) (148,091) (165,862) (185,765) (208,057)

(132,224) (148,091) (165,862) (185,765) (208,057)
1,575,701 1,156,415 1,163,363 1,199,813 1,236,734
1,622,306 3,198,007 4,354,422 5,517,785 6,717,598
3,198,007 4,354,422 5,517,785 6,717,598 7,954,333
 2023 2024 2025
Note 20 - Income Tax Payable
Income Tax of the Current Year 475,293.19 525,844.28 548,425.49
Income Tax of the Previous Year - 475,293.19 525,844.28
Less: Portion Paid - 475,293.19 525,844.28
Income Tax Payable 475,293.19 525,844.28 548,425.49
 2026 2027

572,105.85 596,973.89
548,425.49 572,105.85
548,425.49 572,105.85
572,105.85 596,973.89
 Source of Initial Capital
LUGATIMAN 315,000
SUAYBAGUIO 315,000
ANTECRISTO 315,000
TAGANILE 315,000
INVESTORS 1,260,000
Business Loan (BPI) 840,000
Total 2,100,000
 Sources of Initial Capitalization
Description Percentage Cost Fixed Amount
LUGATIMAN 15% 315,000.00 315,000.00
SUAYBAGUIO 15% 315,000.00 315,000.00
ANTECRISTO 15% 315,000.00 315,000.00
TAGANILE 15% 315,000.00 315,000.00
Bank Loan 40% 840,000.00 840,000.00
Total 2,100,000.00

Number of
Principal 840,000.00 5
Payments
Annual Rate 12.00%Mortgage Payment ₱233,024.17

Year Beginning Balance Payment Interest Principal

1 840,000.00 233,024.17 100,800.00 132,224.17
2 707,775.83 233,024.17 84,933.10 148,091.08
3 559,684.75 233,024.17 67,162.17 165,862.00
4 393,822.74 233,024.17 47,258.73 185,765.45
5 208,057.30 233,024.17 24,966.88 208,057.30

2023 2024 2025

Interest Expense 100,800 84,933 67,162
Principal Repayment 132,224 148,091 165,862
Loan Balance 707,776 559,685 393,823
Ending Balance
707,775.83
559,684.75
393,822.74
208,057.30
-

2026 2027
47,259 24,967
185,765 208,057
208,057 -
 Year 2023 2024 2025 2026 2027 Total
Benefit 1,109,017 1,226,970 1,279,659 1,334,914 1,392,939 6,343,500
Initial Investment
2,100,000
5,600,000.00
Cost Benefit Ratio 3.02
 Package A Package B Pacjage C Total/Average
Breakeven Volume 1,746.99 2,143.87 2,095.13 5,985.99
Fixed Cost 264,552.02 200,498.04 438,604.45 903,654.52
Sellling Price per Unit 512.61 345.33 679.89 518.81
Variable Cost per Unit 361.18 251.81 470.55 365.23
Volume Mix 29% 22% 49% 100%
Cost of Investment (Initial Capital) 2,100,000.00 -
Net Cash Inflow
Year 0 (2,100,000.00) (2,100,000.00)
Year 1 1,707,925.15 (392,074.85)
Year 2 1,304,505.59 912,430.75
Year 3 1,329,225.22 2,241,655.96
Year 4 1,385,578.54 3,627,234.50
Year 5 1,444,791.65 5,072,026.15

Payback Period ( Year) 1.00 0.30 0.30 12

a. Payback Period

Year Investment Inflow Balance

0 (2,100,000)
1 1,707,925 (392,075)
2 1,304,506 912,431
3 1,329,225 2,241,656
4 1,385,579 3,627,234
5 1,444,792 5,072,026
1 Year + (392,075/1,304,505 1.00 Years
-0.30055436276 3.61 Months
b. Net Present Value ( NPV)

Presnt Value of Inflows

Year Cashflow PV Factor PV
1 1,707,925 0.8929 1,525,006
2 1,304,506 0.7972 1,039,952
3 1,329,225 0.7118 946,143
4 1,385,579 0.6355 880,535
5 1,444,792 0.5674 819,775
Present Value 5,211,411

NPV = PV of Inflows - Initial Investment

Total PV of Inflow 5,211,411
Less: Initial Investment (2,100,000)
NPV 3,111,411

c. Internal Rate of Return ( IRR)

Year Cashflow
0 (2,100,000)
1 1,707,925
2 1,304,506
3 1,329,225
4 1,385,579
5 1,444,792
IRR 65.60%
LAPSING SCHEDULE OF PROPERTY PLAN AND EQUIPMENT Depreciation2023
# of Unit Cost per Unit Total Cost Estimated Use Expense
Salon Electric Equipment:
Hood dryers 3 1,187 3,561 5 712.20
Heat Lamps 4 3,865 15,460 5 3,092.00
Blow dryers 4 855.00 3,420 5 684.00
Hair straighteners 4 1,299 5,196 5 1,039.20
Hair curlers
Washing machine 3 1,999 5,997 5 1,199.40
Hair aclippers
and dryer (for 5 825.00 4,125 5 825.00
towels) 2 4,948 9,896 5 1,979.20
Air Conditioner 1 9,698 9,698 5 1,939.60
57,353.00 11,470.60
Salon Manager Equipment:
Laptop/PC 1 14,999 14,999 7 2,142.71
Phone
Appointment booking 1 9,999 9,999 7 1,428.43
/Salon
scheduling software
POS System / 1 2,141 2,141 7 305.86
cash Register
Salon Management 1 1,799 1,799 7 257.00
Software 1 1,700 1,700 7 242.86
30,638.00 4,376.86
Hair Salon Tools and Equipment:
Shears and scissors 7 659.00 4,613 5 922.60
Rattail combs
Wide-Toothed 8 46.00 368.00 5 73.60
combs 8 40.00 320.00 5 64.00
Round brushes 5 130.00 650.00 5 130.00
Vented brushes 5 350.00 1,750 5 350.00
Paddle brushes 5 150.00 750.00 5 150.00
Hair cutting capes 5 49.00 245.00 5 49.00
Salon towels 5 99.00 495.00 5 99.00
Handwater
Hair mirrors
spray 5 95.00 475.00 5 95.00
bottles 3 85.00 255.00 5 51.00
Hair clips 20 20.00 400.00 5 80.00
Aprons 5 40.00 200.00 5 40.00
Salon latex gloves 8 75.00 600.00 5 120.00
10,521.00 2,104.20
Salon renovation 90,328.65 90,328.65 10 9,032.87
GRAND TOTAL 188,840.65 26,984.52
2,248.71
74.96
Cost 2,104.20
Opex 24,880.32

17,951.66
2023 Net Book Depreciation 2024
Accumulated Net Book Depreciation 2025
Accumulated
Value Expense Depreciation Value Expense Depreciation

2,848.80 712.20 1,424.40 2,136.60 712.20 2,136.60

12,368.00 3,092.00 6,184.00 9,276.00 3,092.00 9,276.00
2,736.00 684.00 1,368.00 2,052.00 684.00 2,052.00
4,156.80 1,039.20 2,078.40 3,117.60 1,039.20 3,117.60
4,797.60 1,199.40 2,398.80 3,598.20 1,199.40 3,598.20
3,300.00 825.00 1,650.00 2,475.00 825.00 2,475.00
7,916.80 1,979.20 3,958.40 5,937.60 1,979.20 5,937.60
7,758.40 1,939.60 3,879.20 5,818.80 1,939.60 5,818.80
45,882.40 11,470.60 22,941.20 34,411.80 11,470.60 34,411.80

12,856.29 2,142.71 4,285.43 10,713.57 2,142.71 6,428.14

8,570.57 1,428.43 2,856.86 7,142.14 1,428.43 4,285.29
1,835.14 305.86 611.71 1,529.29 305.86 917.57
1,542.00 257.00 514.00 1,285.00 257.00 771.00
1,457.14 242.86 485.71 1,214.29 242.86 728.57
26,261.14 4,376.86 8,753.71 21,884.29 4,376.86 13,130.57

3,690.40 922.60 1,845.20 2,767.80 1,845.20

294.40 73.60 147.20 220.80 73.60 220.80
256.00 64.00 128.00 192.00 64.00 192.00
520.00 130.00 260.00 390.00 130.00 390.00
1,400.00 350.00 700.00 1,050.00 350.00 1,050.00
600.00 150.00 300.00 450.00 150.00 450.00
196.00 49.00 98.00 147.00 49.00 147.00
396.00 99.00 198.00 297.00 198.00
380.00 95.00 190.00 285.00 190.00
204.00 51.00 102.00 153.00 102.00
320.00 80.00 160.00 240.00 160.00
160.00 40.00 80.00 120.00 80.00
480.00 120.00 240.00 360.00 240.00
8,416.80 2,104.20 4,208.40 6,312.60 816.60 5,025.00
81,295.78 9,032.87 18,065.73 72,262.92 9,032.87 27,098.60
161,856.13 26,984.52 53,969.04 134,871.61 25,696.92 79,665.97

2,104.20 816.60
24,880.32 24,880.32
2025 Net Book Depreciation 2026
Accumulated Net Book Depreciation 2027
Accumulated
Value Expense Depreciation Value Expense Depreciation

1,424.40 712.20 2,848.80 712.20 712.20 3,561.00

6,184.00 3,092.00 12,368.00 3,092.00 3,092.00 15,460.00
1,368.00 684.00 2,736.00 684.00 684.00 3,420.00
2,078.40 1,039.20 4,156.80 1,039.20 1,039.20 5,196.00
2,398.80 1,199.40 4,797.60 1,199.40 1,199.40 5,997.00
1,650.00 825.00 3,300.00 825.00 825.00 4,125.00
3,958.40 1,979.20 7,916.80 1,979.20 1,979.20 9,896.00
3,879.20 1,939.60 7,758.40 1,939.60 1,939.60 9,698.00
22,941.20 11,470.60 45,882.40 11,470.60 11,470.60 57,353.00

8,570.86 - 6,428.14 8,570.86 - 6,428.14

5,713.71 - 4,285.29 5,713.71 - 4,285.29
1,223.43 - 917.57 1,223.43 - 917.57
1,028.00 - 771.00 1,028.00 - 771.00
971.43 - 728.57 971.43 - 728.57
17,507.43 - 13,130.57 17,507.43 - 13,130.57

2,767.80 1,845.20 2,767.80 1,845.20

147.20 220.80 147.20 220.80
128.00 192.00 128.00 192.00
260.00 390.00 260.00 390.00
700.00 1,050.00 700.00 1,050.00
300.00 450.00 300.00 450.00
98.00 147.00 98.00 147.00
297.00 198.00 297.00 198.00
285.00 190.00 285.00 190.00
153.00 102.00 153.00 102.00
240.00 160.00 240.00 160.00
120.00 80.00 120.00 80.00
360.00 240.00 360.00 240.00
5,496.00 - 5,025.00 5,496.00 - 5,025.00
63,230.05 9,032.87 36,131.46 54,197.19 9,032.87 45,164.33
109,174.68 20,503.47 100,169.43 88,671.22 20,503.47 120,672.90

- -
20,503.47 20,503.47
2027 Net Book
Value

-
-
-
-
-
-
-
-
-

8,570.86
5,713.71
1,223.43
1,028.00
971.43
17,507.43

2,767.80
147.20
128.00
260.00
700.00
300.00
98.00
297.00
285.00
153.00
240.00
120.00
360.00
5,496.00
45,164.33
68,167.75
Current Ratio
year 2023 2024 2025 2026
current asset 3,258,007 4,414,422 5,577,785 6,777,598
current liability 475,293 525,844 548,425 572,106
current ratio 6.85 8.39 10.17 11.85

𝐷𝑒𝑏𝑡 − 𝑡𝑜 − 𝑛𝑒𝑡 𝑤𝑜𝑟𝑡ℎ

year 2023 2024 2025 2026
total liabilities 1,183,069 1,085,529 942,248 780,163
total asset 3,552,086 4,681,516 5,817,895 6,990,724
ratio 0.33 0.23 0.16 0.11

𝐷𝑒𝑏𝑡 − 𝑡𝑜 − equity
year 2023 2024 2025 2026
total liabilities 1,183,069 1,085,529 942,248 780,163
total owners equity 2,369,017 3,595,987 4,875,647 6,210,561
ratio 49.94% 30.19% 19.33% 12.56%

Net Profit Margin

Year 2023 2024 2025 2026
Net Income 1,109,017 1,226,970 1,279,659 1,334,914
Sales 8,404,703 8,614,821 8,830,191 9,050,946
Net Profit Margin 13.20% 14.24% 14.49% 14.75%

Return of Net Operating Profit

year 2023 2024 2025 2026
net income before taxes 1,584,311 1,752,814 1,828,085 1,907,020
tangible asset 2,100,000 3,552,086 4,681,516 5,817,895
Return of Net Operating Profit 75.44% 49.35% 39.05% 32.78%

Asset Turnover
year 2023 2024 2025 2026
tangible asset 2,100,000 3,552,086 4,681,516 5,817,895
sales 8,404,703 8,614,821 8,830,191 9,050,946
Return of Net Operating Profit 24.99% 41.23% 53.02% 64.28%

Return on Assets
Year 2023 2024 2025 2026
Net Income 1,109,017 1,226,970 1,279,659 1,334,914
Tangible Assets 2,100,000 3,552,086 4,681,516 5,817,895
Return of Net Operating Profit 52.81% 34.54% 27.33% 22.94%

Return on Partner’s Equity

Year 2023 2024 2025 2026
Net Income 1,109,017 1,226,970 1,279,659 1,334,914
Total Owner's Equity 2,369,017 3,595,987 4,875,647 6,210,561
Return of Net Operating Profit 46.81% 34.12% 26.25% 21.49%
 𝐴𝑚𝑜𝑢𝑛𝑡 𝑡𝑜 𝑏𝑒 𝑖𝑛𝑣𝑒𝑠𝑡𝑒𝑑 /𝐸𝑠𝑡𝑖𝑚𝑎𝑡𝑒𝑑 𝑎𝑛𝑛𝑢𝑎𝑙 𝑛𝑒𝑡 𝑐𝑎𝑠ℎ 𝑓𝑙𝑜w
2027 Payback period (simple and discounted)
8,014,333 3,198,007
596,974 2,100,000
13.42 1.52286063230861
total

2027
596,974 Current Ratio = 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡 / 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡�
8,200,474
0.07
𝐷𝑒𝑏𝑡 − 𝑡𝑜 − 𝑛𝑒𝑡 𝑤𝑜𝑟𝑡ℎ = 𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 / 𝑇𝑜𝑡𝑎𝑙 𝑎𝑠𝑠𝑒�

2027 𝐷𝑒𝑏𝑡 − 𝑡𝑜 − equity = 𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 / 𝑇𝑜𝑡𝑎𝑙 𝑂𝑤𝑛𝑒𝑟′𝑠 𝐸𝑞𝑢𝑖𝑡�

596,974
7,603,500
7.85% Net Profit Margin = 𝑁𝑒𝑡 𝐼𝑛𝑐𝑜𝑚𝑒 / 𝑆𝑎𝑙𝑒�

Return of Net Operating Profit = 𝐼𝑛𝑐𝑜𝑚𝑒 𝑏𝑒𝑓𝑜𝑟𝑒 𝑇𝑎𝑥 / 𝑇𝑜𝑡𝑎𝑙 𝑇𝑎𝑛𝑔𝑖𝑏𝑙𝑒 𝐴𝑠𝑠𝑒�

Asset Turnover = 𝑇𝑜𝑡𝑎𝑙 𝑇𝑎𝑛𝑔𝑖𝑏𝑙𝑒 𝐴𝑠𝑠𝑒𝑡 / 𝑇𝑜𝑡𝑎𝑙 𝑁𝑒𝑡 𝑆𝑎𝑙𝑒�

2027
1,392,939 Return on Asset = 𝑁𝑒𝑡 𝐼𝑛𝑐𝑜𝑚𝑒 / 𝑇𝑜𝑡𝑎𝑙 𝑇𝑎𝑛𝑔𝑖𝑏𝑙𝑒 𝐴𝑠𝑠𝑒�
9,277,220
15.01% Return on Partner’s Equity = 𝑁𝑒𝑡 𝐼𝑛𝑐𝑜𝑚𝑒/ 𝑃𝑎𝑟𝑡𝑛𝑒𝑟′𝑠 𝐸𝑞𝑢𝑖𝑡�

2027
1,989,913
6,990,724
28.47%

2027
6,990,724
9,277,220
75.35%

2027
1,392,939
6,990,724
19.93%

2027
1,392,939
7,603,500
18.32%
1.14 years