Lets say we need $650 dollar to maintain the business each month, we would required 110 student laundries . We would profit after the number 110 student. On the first month, Lets say we begin operating from august. There are 31days in august. There must be at least 4 customers each day to maintain the operating cost. We would be targeting an amount of 15 people each day We would get a amount of 2325 dollars if we hit 15customer each day. We would earn an profit of $1565 divided by 3 each.
All of us has agreed to put aside $200 in case of a emergency so we would have $600 to deal with for the next month.
Cash Flow Projection.
First month paid out $1725 for all payment includes rent($450),materials that includes Namecards, invoices, stationery and promotional materials($100), website domain registration fee,hosting,design cost $100,$100 for detergent and the remaining money is shared among 3 of us,. Left with $600 the next month. After 5months of operating, we feel that there may be more potential customer coming on. We used the 3000dollars to buy 3 Electrolux Washer and Dyer(7KG/5KG) EWW1274.
We no longer have to pay for rental of washing machine from the 6th month. which will save us $250 each month.
We do not require to purchase any broadband connection as sp provides spwireless internet connection, we uses our laptop to store the infomation of our customer's clothing and quantity amount. We uses our personal own handphone number for customer to contact us.
If we survive the first year, i think more and more customer would be rolling in, and we might required to purchase more washing machines.
No comments:
Post a Comment