FINANCIAL PLAN

Total Project Cost

The money will be used to create the food cart and to pay for materials, equipment,
working capital, and licenses. Brie's Brownies' overall project cost is displayed in Table 1.

Table 1. Total Project Cost of Brie’s Brownies

Total Project Cost
Particulars Amount (PhP)
Building of Food Cart 9,000.00
Permits and Licenses 3,260.00
Equipment 4,510.00
Inventory 2,335.00
Supplies 2,885.00
Miscellaneous 1,000.00
Total Project Cost 30,690.00

Source of Funds

Brie's Brownies needed money to get started, and that amount is PhP 31,000.00. The
owner will use his or her personal funds and the assistance of the family to fund the firm. The
PhP 10,000.00 in support money bears no interest. The owner will provide P21,000.00. The
funding source for Snack Box is displayed in Table 2.

Table 2. Source of Funds of Brie’s Brownies

Sources of Funds
Particulars Amount (PhP)
Owners’ Investment/Capital 21,000.00
Non-interest Bearing Support (from owners parents) 10,000.00
Total Funds 31,000.00
Financial Statements

Projected Income Statement

The income statement tells whether the business is profitable or not. Table 3 displays the
anticipated income statement for Brie's Brownies during the following three years. A net profit
of PHP 6,474,000 can be anticipated throughout the first year of operations. In 2024, a net
income of PhP 11,757,000 is anticipated. For the third year of operation, it may have PhP
11,775,000. The Snack Box is responsible for paying the 1% corporation tax or percentage tax.

Table 3. Estimated Income Statement for Brie's Brownies.

BRIE'S BROWNIES
Projected Income Statement
For the Year Ended December 31, 2023, 2024, and 2025
Year 1 Year 2 Year 3
Net Sales 1,605,600.00 1,942,776.00 2,350,758.96
Less: Cost of Goods Sold 1,106,832.00 1,339,266.72 1,620,512.73
Gross Profit 498,768.00 603,509.28 730,246.23
Less: Selling, General and
Administrative Expense
Salaries Expense 28,800.00 28,800.00 28,800.00
Permits and License 3260 3030 3030
Miscellaneous Expense 1,000.00 1,100.00 1,210.00
Supplies Expense 138,480.00 152,328.00 167,560.80
PPE Depreciation Epense 2,083.33 2,083.33 2,083.33
Total Expenses 173,623.33 187,341.33 202,684.13
Net Income 325,144.67 416,167.95 527,562.10

Table 4. Projected Sales

Projected Sales for the Next Three (3) Years
Projected
Price per
Year Number of Sales Amount (PhP)
Product
Per Year
Classic Brownies 4,080.00 120 489,600.00
Flavored Brownies 4,080.00 150 612,000.00
1
Brownies Chips 14,400.00 35 504,000.00
Total 1,605,600.00
Classic Brownies 4,488.00 132 592,416.00
Flavored Brownies 4,488.00 165 740,520.00
2
Brownies Chips 15,840.00 38.5 609,840.00
Total 1,942,776.00
3 Classic Brownies 4,936.80 145.2 716,823.36
 Flavored Brownies 4,936.80 181.5 896,029.20
Brownies Chips 17,424.00 42.35 737,906.40
Total 2,350,758.96

Table 5. Cost of Goods Sold

Cost of Goods Sold per Classic Brownies
Year 2 Year 3
Box, Year 1
Particulars Amount (PhP) Amount (PhP) Amount (PhP)
Raw Materials 81.8 89.98 98.978
Total Cost 81.8 89.98 98.978

Cost of Goods Sold per Flavored Brownies

Year 2 Year 3
Box , Year 1
Particulars Amount (PhP) Amount (PhP) Amount (PhP)
Raw Materials 107.6 118.36 130.196
Total Cost 107.6 118.36 130.196

Cost of Goods Sold per Brownie Chips

Year 2 Year 3
Sachet , Year 1
Particulars Amount (PhP) Amount (PhP) Amount (PhP)
Raw Materials 23.2 25.52 28.072
Total Cost 23.2 25.52 28.072

Projected Balance Sheet

The financial situation of the business shows its assets, liabilities, and equity. The sole
asset that Brie's Brownies has right now is cash. The non-current assets consist of the machinery
and a food cart. The entire settlement of the business liability has already been made. Table 6
shows the anticipated balance statement for Brie's Brownies.

Table 6. Projected Balance Sheet of Brie’s Brownies

TEE CLOTHING
Projected Statement of Financial Position
December 31, 2023, 2024, and 2025

Year 1 Year 2 Year 3

ASSETS
Current Assets
Cash 339,208.00 757,459.28 1,287,104.71
Supplies 0.00 0.00 0.00
Inventories 0.00 0.00 0.00
Total Current Assets 339,208.00 757,459.28 1,287,104.71
Non-Current Assets
Equipment 19,020.00 16,936.67 14,853.33
Depreciation -2,083.33 -2,083.33 -2,083.33
Total Non-Current Assets 16,936.67 14,853.33 12,770.00
Total Assets 356,144.67 772,312.61 1,299,874.71
LIABILITIES
Current Liabilities
Accounts Payables 0 0 0
Total Current Liabilities 0 0 0
Total Liabilities 0 0 0
EQUITY
Surname, Capital 356,144.67 772,312.61 1,299,874.71
Total Equity 356,144.67 772,312.61 1,299,874.71
Total Liabilities and Equity 356,144.67 772,312.61 1,299,874.71
 Projected Statement of Cash Flows

The business's financial activity is depicted in the statement of cash flows. Here, it refers
to the cost of the necessary materials, license, etc. The balance at the conclusion of Year 1 is PhP
35,238,000. Snack Box can conclude the second year of commercial operations with a cash
balance of PhP 40,518,000, and in the third year, it may have a cash balance of PhP 46,380,000.
The favorable outcome indicates that the company's cash is growing. Table 7 displays Brie's
Brownies' anticipated statement of cash flows.

Table 7. Projected Balance Sheet of Brie’s Brownies

Projected Statement of Cash Flows
For the Year Ended December 31, 2023, 2024, and 2025
Year 1 Year 2 Year 3
Cash Flows from Operating Activities
Cash received from customers 1,605,600.00 1,942,776.00 2,350,758.96
Payments for Salaries (28,800.00) (28,800.00) (28,800.00)
Payment for Permit and license (3,260.00) (3,030.00) (3,030.00)
Payment for miscelaneous (1,000.00) (1,100.00) (1,210.00)
Payment for supplies (138,480.00) (152,328.00) (167,560.80)
Payment for inventory (1,106,832.00) (1,339,266.72) (1,620,512.73)
Net cash provided by operating activities 327,228.00 418,251.28 529,645.43
Cash Flows from Investing Activities
Payments to acquire for Property, Plant and (19,020.00)
Equipment
Net cash provided by investing activities (19,020.00) 0.00 0.00
Cash Flows from Financing Activities
Cash received from investments by owner 31,000.00 0.00 0.00
Cash received from borrowings 0.00 0.00 0.00
Payments for withdrawals by owner 0.00 0.00 0.00
Net cash provided by financing activities 31,000.00 0.00 0.00
Net Increase (Decrease) in Cash 339,208.00 418,251.28 529,645.43
Cash balance at the beginning of the period 0.00 339,208.00 757,459.28
Cash balance at the end of the period 339,208.00 757,459.28 1,287,104.71
Financial Ratio Analysis

According to the financial ratio, Brie's Brownies generates profit. The predicted financial
ratio for Brie's Brownies is displayed in Table 8.

Table 8. Projected Financial Ratio Analysis

Projected Financial Ratio Analysis

Year 1 Year 2 Year 3

Gross Profit Margin 31% 31% 31%
Net Profit Margin 20% 21% 22%
Return on Equity 91% 54% 41%
Return on Investment 91% 54% 41%