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Kasalong thai-massage

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  • 1. 1
  • 2. 2 Preface This Project is a part of 1203302 Project Feasibility Study and Evaluation Course in the second semester of 2011. In this project is studying the feasibility of Massage for treatment business in Chiang Rai, which is include generally of treatment massage business, management in business, competition analysis and marketing feasibility, the process in treatment massage business, the financial feasibility of treatment massage business, and risk of treatment business. This project makes everyone who interested to get knowledge and information about treatment massage business before make decision to investment, including preoperational process and operation process of treatment massage business, for the benefit to investment and profit of doing this treatment massage business. We expect that our project will provide benefit more and more interested person, moreover, if they are any error in this project or whatever, our ground made an apology at this opportunity. Group members Ms. Wasucha Jaturapornchatchai Mr. Sukrit Atsuthi MS. Jiraporn Sarasuwan Ms. Pattana Chimpalee Ms. Kingtean Kratumnud Mr. santi Jaroensusombat Mr. Atiwan Sangcom Ms. Orapan Kaewpradub
  • 3. 3 Content Preface .................................................................................................................................................... 1 Content .................................................................................................................................................... 3 Chapter 1........................................................................................................................................... 5 Introduction ............................................................................................................................................. 5 1.1 Background and Significance of the Project ..................................................................................... 6 1.2 Project objectives .............................................................................................................................. 7 1.3 Benefits of project ............................................................................................................................. 7 Chapter 2 ................................................................................................................................................. 8 Industry Profile ....................................................................................................................................... 8 2.1 Nature of Industry ............................................................................................................................. 9 2.2 Situation of industry ........................................................................................................................ 10 2.3 Product and Service ........................................................................................................................ 11 Chapter 3 ............................................................................................................................................... 13 Marketing Feasibility Study .................................................................................................................. 13 3.1 Market analysis ............................................................................................................................... 14 3.2 STP analysis .................................................................................................................................... 20 3.3 Marketing mix strategies (4P) ......................................................................................................... 20 3.4 Sale forecast year 1 ..................................................................................................................... 21 3.5 Marketing Expenses (Sales Incentive) ............................................................................................ 34 Chapter 4 ............................................................................................................................................... 35 Investment ............................................................................................................................................. 35 4.1 Product ............................................................................................................................................ 36 4.2 Cost of Investment .......................................................................................................................... 56 4.3 Deprecation..................................................................................................................................... 66 Chapter 5 ............................................................................................................................................... 77 Operations ............................................................................................................................................. 77 Chapter 6 ............................................................................................................................................... 81 Administration ...................................................................................................................................... 81 Expend .................................................................................................................................................. 93 Chapter 7 Financial Analysis ................................................................................................................ 94 Chapter 8 ............................................................................................................................................. 175
  • 4. 4 Risk Management ............................................................................................................................... 175 8.1 Risk analysis .................................................................................................................................. 175 8.1.1 External Forces ........................................................................................................................... 176 8.1.2 Internal risk ................................................................................................................................ 178 Chapter 9 ............................................................................................................................................. 181 Summary ............................................................................................................................................. 181 Summary of project feasibility study .................................................................................................. 182 Appendix ............................................................................................................................................. 186
  • 5. 5 Chapter 1 Introduction
  • 6. 6 1.1 Background and Significance of the Project Thai massage is the best knowledge of Thailand. It has many histories, tradition of Thai people at a long time. It has most important of Thai medicine such as therapy from the pass until now. Thai massage is cultural and the way of life that Thai people use to take care in their family. Back to King Rama 1, he would inscribe about Thai massage for general people who study on it. This is make “we are authority of traditional massage” of Thailand (2009, Yes Spa (Thailand) Company Limited). Next to King Rama 5, royal create Sirirat Hospitality, it has a course of Thai medicine and makes the textbook of Thai medicine i In that time most of people have a lot of problems about aches and serious. Thai massage is high quality to cure customer. Most of customer will come to relax 40.9%, for test 4.55%, health care 17.04%, concern of Thai tradition 4.55%, introduce by friend 7.95%, therapy 22.73%, and each 2.27%. From sex separate by male 48% and female 52%. From age separate by 21-30 year old 56%, 31-40 year old 16%, 41-50 year old 24%, and more than 50 year old 4%. From average of income separate by less than 10,000 bath 50%, 10,001-20,000 bath 26%, 20,001-30,000 bath 16%, 30,001-40,000 bath 4%, 40,001-50,000 bath 0%, more than 50,000 bath 4% ii Chiang Rai province has total population of 1,198,218 people (2010, Department of Local Administration). So Chiang Rai is slow down, but cannot effect to this business. Because Thai massage business use process about nature and herd to medicine, this is good for heal and low price to use this service. Customer will relax when they use this service and can get this service whatever they want. For this our business name is Kasalong Thai massage. We will show strength about Thai culture to provide Thai people and foreigner. For Thai people we will let them close with nature to make them forget their pain and serious. For foreigner we will contract with travel agency in Chiang Rai to make promotion on travel trip, we will make foreigner understand about Thai tradition and Thai medicine that their ever seen. For staff we will provide who have knowledge to professional and have bachelor degree about Thai medicine only. Rim Kok is river side and the best located in this province so this is the suitable place for us to launch our company in order to attack our customers, near water and nature, and it is the center of economic in Chiang Rai. Many of customers always come to travel, spend their money at this place especially in festival period, and tourism industry in Chiang Rai. There are GPP Market Prices 43,586 million baths. People have high costs of
  • 7. 7 living so they will have power purchase to spend their money for relaxation. Because they have revenue per capita 34,287 baths (2006, The Office of the Maritime Promotion Commission Chiang rai), there are many attractions that can attract lot of tourists in each year. It is not surprising that Thai massage business will grow hostile to the economic slowdown and the health become a factor in life already. Therefore, no matter that the economy will not work, people still would be concern about health, and Thai massage to be a best choice for them. From these reasons, allowing the group members interested to study the possibility of Thai massage business in Chiang Rai. We will make process to do this business will be successful. 1.2 Project objectives  To study about to do the good project.  To analysis about marketing of this project such as economics, risk, opportunity, customer, and the competitor.  To learn about techniques of Thai massage think it real and make it possible for to do business success.  To evaluates the business practices in the various area.  To Summary of the feasibility of Thai massage business. 1.3 Benefits of project  To study about Thai massage business.  To study about marketing and financing of Thai massage business.  To study about the technical and management process of Thai massages business.  To study about competitor of Thai massage in Chiang Rai.  To understand about customer behavior in Chiang Rai.  To understand about how to connect with other business such as Travel agency.  To understand about how to approach of project case study for successful.
  • 8. 8 Chapter 2 Industry Profile
  • 9. 9 2.1 Nature of Industry Thai Traditional massage is a valuable and indigenous body of wisdom from our Thai ancestors. It was seen that Thai massage had an important role for treatment from the past until now. It was believed that Thai massage was originated to cure themselves within the family, for example, husband giving massage to his wife, children giving massage to their parents and grandparents. They gave a massage by using parts of the body such as elbows, knees and feet to self-massage, In addition, Thai-style exercise (Rue See Dad Ton) was used to adjust anatomy by oneself easily. Due to the fact that they had the knowledge of massage within the family, they could give a massage to neighbors. Finally the clients or patients trusted that Thai massage was a popular, efficient and respectable way of curing, and it became one of the most famous occupations. From the historical evidence on stone inscriptions, it was found that Thai massage was used to treat some illnesses from Sukhothai period in the reign of King Ramkamheang. However, Thai traditional medicine, especially Thai massage, was most prosperous in Ayutthaya period in the reign of King Narai. The evidence of Lalubaire’s dispatch indicated that the Siamese used Thai massage to cure some illnesses, to relieve pain or to give birth easily. Rattanakosin period, Thai traditional medicine was descended from Ayutthaya period. During the war some document and textbooks were vanished, however, a lot of folk healers still existed in the rural area, In the reign of King Rama I, 80 statues of hermit, Thai – style exercising and the inscription of Thai traditional massage were created at Wat Po (Medical School) In the reign of King Rama IV, the textbooks of Thai traditional massage and traditional medicine were reviewed and revised. After western medicine came into Thai society in the reign of King Rama VI, Thai traditional massage had been neglected from the royal palace. But folk massage had still an important role for villagers. iii As modern medicine became popular in the West, the practices began to make their way to the East as well. Traditional medicine was used less and less, especially in the cities. Although this modern medicine was able to do many things that traditional medicine could not, it became clear that there was a downside to the use of so many chemicals. For this reason in 1985 the Thai government launched the Thai massage revival project. By the mid 1990’s Thai massage was back in the forefront and began attracting international attention. Now Thai massage is increasing in popularity at spas and wellness centers across the world. iv
  • 10. 10 Product life cycle: Introduction : we launch in 2011 as a new of Thai massage circle thus in earliest stage we can't be the top brand immediately thus we aim at to create the trust to customer with the first ten members will receive free treatment for certify that we can heal the ailments of customer. Growth: We have the masseurs that have the certificate of art for massage that we can heal the ailment truly. Arise from our company have high capability and from the word of mouth of customer it's affect to increase the customer member. Maturity: When we have high member that customer will became the royalty customer so it's effect to our company toward to most profitable stage. Decline: In the period of degenerate of building or equipment and the masseur it's effect to decrease the customer in the future. 2.2 Situation of industry Information from the public health of the Thai Traditional Medical Services from 2003-2008 is divided into four sectors based on annual data broken down by age group, gender, etiology, and the service you deserve. The results showed that both females and four males had been more than about three times the age group between 41 - 60 years followed by 60 years and less than 15 years were treated in the least. Diseases and symptoms that were treated in the most low back pain, waist and hips, followed by a similar headache, neck and shoulder pain, knee and foot, with only Year and the Year 2000-2002 who served in the region was 50 percent of the dermatology service at the most, followed by massage, treatment and rehabilitation of traditional herbs. From the circumstances of the illness during the year 1991-2005 Office of National Statistics found that people with medical conditions associated with respiratory disease. Diseases of the musculoskeletal system and connective tissue disorders and gastrointestinal system if the trends of the illnesses that people with cardiovascular illness situations it's effect to diseases of the endocrine and neurological health (Thailand Health Profile 2004-2006: Ministry of Health. Office of Policy and Strategy) this result, many people more pay attention to health care. Thai massage is an alternative therapy, health, and the current trend. And from statistics of Department of Health and the study of art from the Social Services Department of Health have increasing of health professor of Thai massage are 528 people in year 2009 add from year before 332 people. So the health professor up to 196 people that's the show of the growth of this business. v
  • 11. 11 2.3 Product and Service Product At Kasalong massage has Lobby, bed for a massage, Chair massage, Showers and changing rooms. -Lobby decorated in Thai Lanna style. Customers can view the Kok River for comfort and relaxation. -Home for massage have 5 units. Home for massage decorated in Thai Lanna style near Kok River. Bed massage for 20 people. Chair massage for 10 people. All beds and chairs are placed facing the Kok River. Every bed and every chair has a white curtain between the beds or chairs for privacy. Service -The massage divides 3 main groups. 1. The customers who have health problems such as: - Dejectedly pillow. The shoulder problem. Aches and sprains. Paralysis. Etc. 2. Massage with herbal ball - - When customer come to massage front office greeting and invite customer to seat and living in guest room. Front office ark and present about service. Front office contract with massager to serve massage to customer and set the custom to customer. If customer chooses Thai massage and take customer in massage house. Massager takes the massage to customer. Front office serve tae set to customer and take the bill to customer. 3. The customers who want foot massage for health. The benefits of foot massage. - To eliminate the pressure and tension on the muscle.
  • 12. 12 - Contribute to the breakdown of stress relaxation. It is the detoxification of the skin. To stimulate the blood circulation to all parts of body. Stimulates the nervous system. Adjusting the balance of the tissues. Increase power and performance of internal organs. Help the brain relax and sleep more easily. To increase brain power and memory problems. Treatment or alleviation of discomfort and illness. - The first when a customer comes to kasalong massage. Staff will be collecting information of customers for the safety because massage is not recommended for certain people: Infectious skin disease, rash, or open wounds Immediately after surgery Immediately after chemotherapy or radiation, unless recommended by your doctor Prone to blood clots. There is a risk of blood clots being dislodged. If you have heart disease, check with your doctor before having a massage Pregnant women should check with their doctor first if they are considering getting a massage. Massage in pregnant women should be done by massage therapists who are certified in pregnancy massage. Massage should not be done directly over bruises, inflamed skin, unhealed wounds, tumors, abdominal hernia, or areas of recent fractures. - Kasalong massage will provide free basic health check such as Measurement of weight, Measurement of lipid levels, and Measurement of pressure. Before massage, we offer free herbal drinks. Customers will be given for a change of clothes before the massage. We will have a cabinet for storage of the essence.
  • 13. 13 Chapter 3 Marketing Feasibility Study
  • 14. 14 3.1 Market analysis General Environmental Analysis Environment in genera the external factors that affect the business strategy cannot control the environment in general Therefore the development environment itself, in general, it is difficult to forecast accurately General environment of mutual respect. The external factors that can affect the strategy of the business include (PEST) Politic & Legal, Economic, Socio-cultural and Technology. Changes and trends in environmental conditions for this topic this causes difficulties in doing business for the higher interest rates would cause further damage to the house and cars Environment of competition will determine the nature of competition between businesses in the industry. The management will influence the competitive environment. Development trends in the competitive environment will be used to predict the level of accuracy. However, the industry has a high rate of technological change will vary greatly.
  • 15. 15 Political Factors Now days the government has to support about Thai massages and provide open about Thai Massage in the hospital around the country by intend to more than 10% by specify give the hospital administrators all of the knowledge of at least 20, ministry of health to focus on policies to promote the use of Thai traditional medicine and alternative medicine in the system, health services at all levels is an important policy to accelerate the implementation of article 16 and then the rights issue, the government can issue a medicine certificate on the field of medicine. vi Economic Factors Now a day’s found that the people use of treatment massage increased to 47% the numbers are very high when compared to primary medical services in the same year. Even in a hospital in the state, the department of Thai traditional medicine it is the department that the money is from a hospital because at this time the Thai massage is popular in group people need to sick about body which treatment massage a better than modern medicine it do not harm to body but modern medicine is not to body in a long time. So it makes a good for economic of our business. vii Socio-cultural Factors Behavior factors of customer are internal variables and external variables  Motivation - most people have sick about body and need to treatment completely cured  Attitude - in this time people select use treatment massage more than modern medicine because it better result  Culture - most Thai people have working about use power of body about middle age need to treatment massage  Social class - group of people have different income or occupation, everyone can come to services  Family - people in family are sick and need to treatment massage Technological factors Factors and information technology is critical to business today while routing the development of products and services are based on the changes. Our business uses the
  • 16. 16 technology about management in financial, system service, and management team, for data and develops business to growth. Have a little risk when use technology management. Customer Analysis The target group of ours are working people, older person, and sick people want to help about treatment, the customer to like massage for help treatment for heath and relax my customer is the general in Chiang Rai can come to use service every time of our business. Most are female age between 35-45 years. Competition Analysis Thai massage businesses in the hospitality industry is a growing business in the future, but this business is more competitive because it is easier to do business and is already popular with customers. Competitor Analysis In Chiang Rai has a lot of Thai massage and spa. They have the same service our and price, time of massage too. But our have the different in Osteopath is having to knowledge in Thai massage etc. Direct Competitor 1) School of Traditional and Alternative Medicine at Chiang Rai Rajabhat University It is School of Chiang Rai Rajabhat University the research potential of the indigenous ethnic groups in the health of the Upper North. The support of the National Culture Commission (Office of the National Culture Commission) was studied in depth potential of cultural. This Institute is open for study and to public come to service about treatment and relaxes but can not to service it fully because it is a teaching institution.
  • 17. 17 viii 2) Mae Fah Luang University Hospital It is Applied Thai Traditional Medicine the treatment method of Thai massage and holisticassessment, diagnosis, treatment and prevention. Health promotion and health in a way similar to the compression bending to retrieve the hot baking or other means as the art of Thai massage including the use of drugs under the drug through the process of traditional Thai medicine according to the standard. Them use of professional services. Thai massage treatments such as -Headache (migraine). -Headache, insomnia. -Neck (pillow dejectedly). -Shoulder pain, shoulder. -Back for elbow pain. -The elbow. -Back pain (mean pain in the upper - lower). -Knee pain. -Ankle pain. -Heel pain. -Palsy, paralysis (arms, legs, face half). -Period cramps -in the lock. -Hand numbness and pain in the tendon sheath coating thickness. -Leg pain, hip tea. ix
  • 18. 18 3) Chiang Rai Prachanukroh hospital It is Applied Thai Traditional Medicine the treatment method of Thai massage, massage therapy by with the government directly. There are Thai massage is a linear massage is a health care by reducing the tension of the nerves, muscles and joints, stimulate blood flow to different parts of the body with more allows the use of pain relief such as back pain, scapula-shoulder tea-arm pain, dizziness, chronic leg. The main focus is health care patients to the best of both preventive and therapeutic rehabilitation. This hospital has the service same to our business stress on treatment massage and then have about relaxed massage, but our business have a good aura of environment style art of Thai massage like Lan Na. x Indirect Competitor There are the competitor who compete with us by select the different target market and the characteristic of their product and service is difference from our that our is treatment massages but them is general massage we will know that in Chiang Rai there are many kind of massage and spa follow; - Ausapron Thai Massages This business is small shop, not have natural for massage, and high price more than our business but this shop same location is near Kok River. xi
  • 19. 19 - Aumpron Thai Massages This business is small shop, not have natural for massage, location is far our but they are same Thai Lanna style. xii - Wangcom massage This business is small shop, not have natural for massage and location difference district xiii
  • 20. 20 3.2 STP analysis Market segmentation- s There are two groups of our customers, these groups comprise; - People who want to treatment massage. People who want to foot massage. Target market- T We divided the target customers in two groups, including patients who want to get treatment massage and who want to get foot massage. Positioning- P We provide the position of our product through containing as part of the tour package of tourist companies in Chiang Rai. And we will arrange our product with hotels that are near Rimkok river side. Our business is business for making customer’s satisfaction, so we have to have good quality product and service. We must concern the customers are so importance for us. 3.3 Marketing mix strategies (4P) Market mix strategies are referred to product, price, place, and promotion. We will arrange these parts into our business. Product our product is services or intangible product, we have various the massage methods, and it consists of treatment massage, and foot massage. These are our products that attract the customers. We have good employees who have certificate paper as part of Thai massage. Price- we impose the middle prices of our service, the service expenses are depends on the methods of massaging. Treatment massage, its cost about 350 baht per hour, foot massage, its cost about 250 baht per hour. Place- our shop located at Rimkok river side because there are convenient transportation, there is a lot of foreign tourists who come to stay in the hotels that are near Rimkok river side. And there is good of view and atmosphere for people who want to arrange a relaxation.
  • 21. 21 Promotion- we will make the brochures for distributing to the radio that are in Chiang Rai city. And we will advertise through our web site or other media such as radio, poster in Chiang Rai city. 3.4 Sale forecast year 1 Healthy Massage Open 09.00 am-20.00 pm. Price 350 baht/hr There are 20 tables Doctors 20 persons Customers 3 persons/ 1 doctor Total revenue per day 21,000 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 567,000 525,000 546,000 546,000 546,000 546,000 567,000 546,000 546,000 567,000 525,000 567,000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 6,594,000 baht
  • 22. 22 Foot massage Open 09.00 am-20.00 pm. Price 250 baht There are 10 chairs Doctors 10 persons Customers 3 persons/ 1 doctor Total revenue per day 7,500 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 202,500 187,500 195,000 195,000 195,000 195,000 202,500 195,000 195,000 202,500 187,500 202,500 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 2,355,000 baht Total revenue both healthy massage and foot massage is equal to 6,594,000+ 2,355,000= 8,949,000 baht Closed every Thursday open 287 days in year 1.
  • 23. 23 Sale forecast year 2 Healthy Massage Open 09.00 am-20.00 pm. Price 350 baht/hr There are 20 tables Doctors 20 persons Customers 4 persons/ 1 doctor Total revenue per day 28,000 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 728,000 672,000 756,000 728,000 728,000 728,000 756,000 728,000 728,000 728,000 728,000 756,000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 8,764,000 baht
  • 24. 24 Foot massage Open 09.00 am-20.00 pm. Price 250 baht There are 10 chairs Doctors 10 persons Customers 4 persons/ 1 doctor Total revenue per day 10,000 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 260,000 240,000 270,000 260,000 260,000 260,000 270,000 260,000 260,000 260,000 260,000 270,000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 3,130,000 baht Total revenue both healthy massage and foot massage is equal to 8,764,000+ 3,130,000= 11,894,000 baht Closed every Thursday open 313 days in year 2.
  • 25. 25 Sale forecast year 3 Healthy Massage Open 09.00 am-20.00 pm. Price 350 baht/hr There are 20 tables Doctors 20 persons Customers 5 persons/ 1 doctor Total revenue per day 35,000 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 910,000 840,000 945,000 910,000 910,000 910,000 910,000 945,000 910,000 910,000 910,000 945,000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 10,955,000 baht
  • 26. 26 Foot massage Open 09.00 am-20.00 pm. Price 250 baht There are 10 chairs Doctors 10 persons Customers 5 persons/ 1 doctor Total revenue per day 12,500 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 325,000 240,000 337,500 325,000 325,000 325,000 325,000 337,500 325,000 325,000 325,000 337,500 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 3,852,500 baht Total revenue both healthy massage and foot massage is equal to 10,955,000+3,852,500= 14,807,500 baht Closed every Thursday open 313 days in year 3.
  • 27. 27 Sale forecast year 4 Healthy Massage Open 09.00 am-20.00 pm. Price 350 baht/hr There are 20 tables Doctors 20 persons Customers 5 persons/ 1 doctor Total revenue per day 35,000 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 910,000 840,000 945,000 875,000 945,000 910,000 910,000 945,000 910,000 910,000 910,000 910,000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 10,920,000 baht
  • 28. 28 Foot massage Open 09.00 am-20.00 pm. Price 250 baht There are 10 chairs Doctors 10 persons Customers 5 persons/ 1 doctor Total revenue per day 12,500 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 325,000 240,000 337,500 312,500 337,500 325,000 325,000 337,500 325,000 325,000 325,000 325,000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 3,840,000 baht Total revenue both healthy massage and foot massage is equal to 10,920,000+3,840,000= 14,760,000 baht Closed every Thursday open 312 days in year 4.
  • 29. 29 Sale forecast year 5 Healthy Massage Open 09.00 am-20.00 pm. Price 350 baht/hr There are 20 tables Doctors 20 persons Customers 5 persons/ 1 doctor Total revenue per day 35,000 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 945000 875000 910000 910000 945000 875000 945000 945000 875000 945000 910000 910000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 10,990,000 baht
  • 30. 30 Foot massage Open 09.00 am-20.00 pm. Price 250 baht There are 10 chairs Doctors 10 persons Customers 5 persons/ 1 doctor Total revenue per day 12,500 baht Total revenue per month - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 337,500 312,500 325,000 325,000 337,500 312,500 337,500 337,500 312,500 337,500 325,000 325,000 Total revenue per year baht baht baht baht baht baht baht baht baht baht baht baht 3,925,000 baht Total revenue both healthy massage and foot massage is equal to 10,990,000+3,925,000= 14,915,000 baht Closed every Thursday open 314 days in year 5.
  • 31. 31 770,000 760,000 750,000 740,000 730,000 Income 720,000 710,000 700,000 690,000 680,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec First year 1,040,000 1,020,000 1,000,000 980,000 960,000 940,000 920,000 Income 900,000 880,000 860,000 840,000 Jan Feb Mar Apr May Jun Jul Second year Aug Sep Oct Nov Dec
  • 32. 32 1,300,000 1,250,000 1,200,000 1,150,000 1,100,000 Income 1,050,000 1,000,000 950,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Third year 1,300,000 1,250,000 1,200,000 1,150,000 1,100,000 Income 1,050,000 1,000,000 950,000 Jan Feb Mar Apr May Jun Jul Fourth year Aug Sep Oct Nov Dec
  • 33. 33 1,300,000 1,280,000 1,260,000 1,240,000 1,220,000 Income 1,200,000 1,180,000 1,160,000 1,140,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Fifth year 16,000,000 14,000,000 12,000,000 year 1 10,000,000 year 2 8,000,000 6,000,000 year3 4,000,000 year4 2,000,000 year5 0 year 1 year 2 year3 year4 year5 Service for five years Explanation: Kasalong Thai Massage has less income in the first year because we started to have Kasalong Thai Massage, and population still not know about the information of Kasalong Thai Massage. The first year we forecast we get the customers about 90 Persons/day from January to December in year 1. The number of customers that we get 90 persons/ day, we refer from interviewing the scientist in Chiang Rai hospital. In the second year we forecast we will get customers 120 persons/day from January to December in year 2. When our shop can get more customers, we will gain more revenue than year 1. In the third year, Kasalond Thai Massage can support the customers 150 persons/day from January to December of year 3. When we got more customers, our shop also gains revenue more than last year. In the fourth year, we forecast getting customers 150 persons/day from January to December of year 4. This year, Kasalong Thai Massage will also gain revenue more than last year because there are more customers to use
  • 34. 34 service of Kasalong Thai Massage. In the fifth year, Kasalong Thai Massage gain the most revenues because we forecast getting customers 150 persons/day come to use service of Kasalong Thai Massage. The reason that we forecast increasing numbers of customers in each year because we interviewed the information of patients from the scientist of Thai traditional medicine center of Chiang Rai hospital, she told us that the number of patients will always increase, but there is less of staffs of Thai Massage who will service the patients who come to take treatment. 3.5 Marketing Expenses (Sales Incentive) The Kasalong Thai Massage has expenses as follow; - Beverage: After massaging we will arrange some herbals for customers such as pandan juice, ginger, tea, and etc. - Advertisement: The Kasalong Thai Massage is advertised on its own website and brochure and gift for welcome the customers at the store. Conclusion Our business is Thai massage, the reasons that we choose to do this business because this is good for heal and low price to use this service. Customers will have healthy when they use this service and can get this service whatever they want. And there are many attractions that can attract lot of patients in each year. It is not surprising that Thai massage business will grow hostile to the economic slowdown and the health become a factor in life already. Therefore, no matter that the economy will not work, people still would be concern about health, and Thai massage to be a best choice for them. The target markets are two groups depend on people who want to treatment massage and who want to get foot massage. These groups are our target customer it is Kasalong Thai massage. The product are given convenience to customer in term of services there are two types of massage including foot massage and treatment with compress massage. The prices are two parts it consist the price of foot massage is about 250 baht per hour, the price of treatment with compress massage is about 350 baht per hour. The location our business is Kok river side near the city of Chiang Rai province there are good location, atmosphere like resort, easy to see, convenience transportation. The promotion our business will contract with the tour company and increase within package tour in company. The expenses to do business there are lot of many raw materials, equipments, decoration, expenses, infrastructures, employee wages, beverage, and advertisement expenses. So these are aggregate in Kasalong Thai Massage.
  • 35. 35 Chapter 4 Investment
  • 36. 36 4.1 Product Product characteristic The massage of our business is Thai massage style include 3 massage styles  Treatment massage  Foot massage  Massage with Thai herb ball. Treatment Massage Treatment Massage provides medical massage therapy /therapeutic form specializes in medical massage therapy that is goal-oriented, result-based, corrective therapy. Moreover, it also focuses about you healthy of your body such as lameness, muscle inflammation, paralysis, and stroke. Thai Foot Massage Thai Foot Massage is will help relieve pain or disease, because the foot is the center of the nerve. That can convey the disease or symptoms in the body.
  • 37. 37 Massage with herbal ball Massage with herbal ball have benefit of healthy such as relieve intumesce or inflame of muscle, tendon, joint and taut of muscle and increase blood circulation get better Step of process service  When customer come to massage front office greeting and invite customer to seat and living in guest room.  Front office ark and present about service.  Front office contract with massager to serve massage to customer and set the custom to customer. If customer chooses Thai massage and take customer in massage house.  Massager takes the massage to customer.  Front office serve tae set to customer and take the bill to customer.
  • 38. 38 Location Address: 98 m.10 Muang ChiangRai 57100 Phone number: 053-706359 Website: www.Kasalong.com
  • 39. 39 Pattern inside of store 1. House receptions The inside of massage house has 6 houses. First house is house reception. There are 4 part include front office wide about 4 meter and height about 6 meter. Second part, there is guest room about 2 rooms for contracting and consulting customer and waiting for services. Guest room 1 is wind about 4 meters and height about 6 meters. Guest room 2 is wind 3 meters and height about 4 meters. Third part, it is rest room about 2 rooms. There are wide about 2 meter and height 2 meter. 6m 4m m 6m Front office Guest rooms 1 Rest room2 4m Guest rooms 2 Restro om1 Door Door 3m 2m 2m
  • 40. 40 1.1. Front office 4m Front counter Cabinets for customer information. Container for information about the herb and newspapers Door Door of restroom Air conditioner 6m 1.2. Guest rooms 1 4m 6m Sofa Air conditioner Television Door
  • 41. 41 1.3. Guest rooms 2 4m Sofa Air conditioner Television Door 3m 1.4. Rest room 1 2m 2m Door Basin ceiling shower Water closet
  • 42. 42 1.5. Rest room 2 Door Basin ceiling shower Water closet 2m 2m 2. House massage. House massage has 5 houses include Massage room, Foot massage room and Rest room. So are the same interior decorations. 3m 4m Foot massage room 4m Massage room Rest room Door 2m 6m 2m
  • 43. 43 2.1. Massage room 6m 4m Bed for a massage Door Air conditioner 2.2. Foot massage room Chair for a massage Door 4m Air conditioner 3m
  • 44. 44 2.3. Rest room 2m 2m Door Basin ceiling shower Water closet
  • 45. 45 2.4. Area between the rooms Locker for customers
  • 46. 46 Machine Tools and Equipment  Office Front counter  Price 4,900 xiv Container for information about the herb and newspapers  Size 80x29x130 cm.  Price 4,249 xv Cabinets  Size 90x40x163 cm.  Price 6,900 xvi Casio 140 CR-SB  LED monitor for view data.  Record to 120 orders.  Record limit to 20 departures.  Price 3,990 xvii
  • 47. 47 Telephone Cord GE EX30044   Price 850 xviii Guest room Sofa.  Sofa 2 seat size 125x81x88 cm.  Sofa 3 seat size 205x81x86 cm.  Scatter cushion 8 piece.  Price 36,000  LED TV Sony CX520 series.  Size 32”  FULL HD  X-Reality  Presence Sensor  HDMI x 4 ,Component x 1,Composite x 2 , USB x2  Bravia Internet Video  Price 16,990 Free DVD SRxx 501 xix TV
  • 48. 48  Massage room Massage bed  Size 1x2x3 cm.  Price 2,600 xxi Foot massage chair  Size wide 100 cm  Price 2,500 xxii Pillow  Size 57x30x10 cm.  Price 400 xxiii Silk for decorate massage bed  Size 23x190 cm  Price 350 xxiv
  • 49. 49 Basin for foot massage  Size 15x4”  Price 800 xxv Long pants  Price 90 xxvi Voile shirt  Size L,XL  Price 100, 110 xxvii Uniform  Price 550 xxviii
  • 50. 50 Bed sheet  Price 390 xxix Wood for foot massage  Size 1x13x1 cm  Weight 30 g  Price 15 xxx Electric hot pot HW-855  Size 5.5 Liter  750 watt xxxi Towel  Size 15x30 cm  White color  Price 50 xxxii
  • 51. 51 Tea set  Height 4.5”  1 pot  6 glass  Price 850 xxxiii Rest Room Basin  Size 42x42x26 cm  Produce form safety glass  Weight 2,500 g  Price 900 xxxiv Injection line ZT-EMC  Price 260 xxxv Water tapCOTTOCT104C16HM  Price 1,750 xxxvi Mirror  Size 50x60 cm  50 cm Diameter  Price 469 xxxvii
  • 52. 52 Tissue  14.8x8.5x11.6 cm  Weight 0.5 kg  Price 399 xxxviii Water closet  N-7530:Modana  Two piece toilet  Size 6 L.  Price 1,900 xxxix Set of CCTV 8 CH U-VISION  CCTV 8 CH  Network line 20 meter 8 line  Recorder UD-6008  HDD 1,000 GB  8 Adepter size 12 v 120 ma  Price 25,900 xl
  • 53. 53 12 liter pedal bin, plastic 25 * 29 * 30 cm  Price 415 xli Soap Box size: 500 ml  - Price 375 xlii Wide 90 cm, deep 40 cm, height 85 cm  4,300 baths xliii
  • 54. 54 Table 1 cost of Machine Tools and Equipment No Descript No. Price/Unit Total Product (baht/unit) (bath) 1 Front counter 1 4,990 4,990 2 Container 1 4,249 4,249 3 Cabinets 1 6,900 6,900 4 Cash register 1 3,990 3,990 5 Telephone cord 1 850 850 6 Sofa 2 36,000 72,000 7 LED TV 2 16,990 33,980 8 Massage bed 20 2,600 52,000 9 Foot Massage chair 10 2,500 25,000 10 Pillow 20 400 8,000 11 Silk for decorate massage bed 20 350 7,000 12 Basin for foot massage 5 800 4,000 13 Long pants Size M 10 100 1,000 Size L 10 110 1,100 14 Uniform 33 550 18,150 15 Bed sheet 20 390 7,800 16 Wood for foot massage 10 15 150 No Descript No. Price/Unit Total Product (baht/unit) (bath) 17 Electric hot pot 1 750 750 18 Towel size15x30cm 20 50 1,000 19 Tea set 5 850 4,250
  • 55. 55 20 Basin 7 900 6,300 21 Injection line 7 260 1,820 22 Water taps 7 1,750 12,250 23 Mirror 7 469 3,283 24 Tissue Box 7 399 2,793 25 Water closet 7 1,900 13,300 26 Bin 7 415 2,905 27 Soap Box 7 375 2,625 28 Set of CCTV 8 CH 1 25,900 25,900 29 Locker 5 4,300 21,500 Total 349,835
  • 56. 56 4.2 Cost of Investment Pre- Operating Cost - Billboard of Company The billboard of company order from Mr.Blackboard Co.,Ltd. 39 Moo 10, Nawamin Road, Soi Nawamin 153, Klong Kum, Buengkum, Bangkok. Telephone number is 081-777-2025. Fax number is 02-9488694.The size of background for set the font wide is about 1 meters and height 1 meter. The wood billboard is Beautiful billboard and suitable for kasalong thai massage. The total price of billboard, the installation and service is 7500. xliv Billboard tax Billboard of Kasalong thai massage makes by English font and pays the fee for set company billboard. Because, the billboard use in the commercial for earn the revenue. The size of billboard equal wide about 1 meters, height 1 meters, wide multiple height equal to 1 square meters. Then calculate be square centimeter equal 10,000 square centimeters. Calculate the billboard tax. The billboard has all English fonts rate 40 Baht/500 square centimeters equal 800 Baht. Example of Thaisakol Graphic Center Co.,Ltd. Paying at Chiang Rai provincial Administration Organization and location at 183 Moo 8, Wieng District, Muang, Chiang Rai 57000 Telephone number 053-711499. xlv
  • 57. 57 Document for registration paying tax     Copy of Household Registration and personal Identification Card VAT Registration Certificate License to set billboard - Registration Registered business organization for Thai massage.  If service massage only will be exempt from tax. However, if the stores are selling the other. Investors must be registered. Investors can learn the details and approved it. The www.ismed.com. *So Kasalong massage do not be registered. xlvi Table 1 Cost of Investment No Descript No. Product Price/Unit (baht/unit) Total (bath) 1 Billboard 1 7,500 7,500 2 Billboard tax 1 800 800 Total 8,300
  • 58. 58 Cost of land Location city of Chiang Rai. - Property is located in Muang District, Chiang Rai. The location near Kok river, government buildings, sports center and international airport. The area is 25 rai 34 square wah. The price of land is 690,000 baht per 1 rai. The conditions for transfer buyers and sellers must pay taxes equally. We can context Miss Wanna Tel 085- 1486305 and E-mail: tr.one@hotmail.com. We need the land 2 rai. The price of 1 rai is 690,000 baht. The total price of land is 1,380,000 baht. The tax of transfer is 2% of cost (form www.land.co.th). The price of transfer is 27,600 baht. If pay tax equally with seller so we pay 13,800 baht. We can pay tax at Land Office of Chiang Rai. The location of Office of Chiang Rai is Uttarakit Road, Wieng District, Muang, Chiang Rai. The total of land and tax of transfer is 1,393,800 baht. xlvii xlviii
  • 59. 59 Cost of Buildings We are building the store by order knockdown home from Mobile home at 9 / 8 Nantawan, Sanitation Road 5, Tharang, Bang Khen, and Bangkok 10220. Telephone: 0817507775. Mobile: 0817507775. Fax: 029 498 952. E-mail: ihome1982@gmail.com or www.ihome1982.net. The reason we chose knockdown home because knockdown home are cheaper more than build by itself. Knockdown home are build very fast. Knockdown home for massage have 5 units and knockdown home for receptions have 1 unit. Detail of house massage. - Semi-detached. - The size of house 3x4-meter 1 units. - The size of house 4x6-meter 1 units. - The window long. - Platform high 2 meter. - A terrace linked together. - The house use pine trees outside the house width of 10 inches.
  • 60. 60 Detail of house receptions - The size of house 4x6 meters, 2 receptions, 2 bathrooms, 1 unit. - The size of house 3x4 meters, 1 reception, 1 bathroom, 1 unit. - The house use pine trees outside the house width of 10 inches. The main material of construction. 1. The home use iron and steel and iron C. 2. Roof tiles use Tri-ron 3. The walls outer use timber lid Chera. 4. The walls inside use smart board. 5. Ceiling hung at the bar. 6. The use of dry wood (old wood) reduces wood shrinkage. 7. The color protects water outside and inside. 8. Bathroom floor use tiles
  • 61. 61 This price does not include. Coarse sand 1 Q, Coal 1 Q, plaster 4 unit, sump cement 2 sumps with lid 1 unit and including price for customers pay the extra 1500 Baht per house. The customer should order it in advance one day prior to delivery and for quick installation. *The price of knockdown home for massage is 570,000 Bath per unit. The price of 5 units is 2,850,000 Bath. The price of knockdown home for receptions have 1 unit is 530,000 Bath and the price for we pay the extra 1500 Baht per house. The price of 6 units is 9,000 Baht. The total of buildings is 3,389,000 baht xlix Cost of Internet and Telephone setting (free) Follow form the promotion packages Net Cing 2 of TOT that entrance fee 1000 Baht, Free Set-up number 3,350 baht l Cost of Air conditioner setting Air conditioner of company order from Sutee Air Service at Robwiang District, Muang, Chiang Rai. Telephone number 085-330813. We order Air TASAKI wall, Power savings number 5, wireless remote, compressor warranty 5 year, parts warranty 1 year. The prices are inclusive of VAT 7%. The price includes shipping costs and installation costs and free water pipes 4 meters. We order size 1200 BTU. The price of air conditioner is 10,500 baths per unit. We need air conditioner 13 unit. The total of air conditioner is 136,500 baht.
  • 62. 62 Table 2 Cost of Investment No Descript No. Product Price/Unit (bath/unit) Total (bath) 1 Cost of land 2 690,000 1,380,000 2 Cost of Buildings 1 530,000 530,000 (house receptions) 3 Cost of Buildings 5 570,000 2,850,000 4 (house massage) price of extra from Cost of Buildings 6 1,500 9,000 5 Cost of Air conditioner 13 10,500 136,500 6 Internet and Telephone setting (free) - 1,000 1,000 Total 4,906,500
  • 63. 63 Cost of Decoration Blinds Blinds of company order from Niung Blinds at Wiang District Mueang Chiang Rai, Chiang Rai(near five separate) Telephone number 053-713336, 053-742151. The price includes service or installation costs. Detail of blinds - The size of blinds for receptions is wide 110× long 170 cm 7 units. The size of blinds for massage is wide 110× long 220 cm 20 units. The size of blinds for massage is wide 230× long 220cm 25 units. The price of blinds - The blinds wide 110× long 170 cm. The price 400 baht per 1 unit. We need 7 units the total is 2,800 baht. The blinds wide 110× long 220 cm. The price 470 baht per 1 unit. We need 20 units the total is 9,400 baht. The blinds wide 230× long 220 cm. The price 940 baht per 1 unit. We need 25 units the total is 23,500 baht. Total price of blinds is 35,700 baht. li
  • 64. 64 Table 3 Cost of Decoration No Blinds No. Price/Unit Total Product 1 Descript (bath/unit) (bath) 7 400 2,800 20 470 9,400 25 940 23,500 (The blinds wide 110× long 170 cm) 2 Blinds (The blinds wide 110× long 220 cm) 3 Blinds (The blinds wide 230× long 220 cm) Total 35,700
  • 65. 65 Summary table of Investment Cost of Investment Descript No. Product Price/Unit (baht/unit) Total(baht) 1. Billboard 1 7,500 7,500 2. Billboardtax 1 800 800 3. Cost of land 2 690,000 1,380,000 4. Cost of buildings (house receptions) 1 530,000 530,000 5. Cost of buildings (house massage) 5 570,000 2,850,000 5. price of extra from Cost of Buildings 6 1,500 9,000 6. Cost of Air conditioner 13 10,500 136,500 7. Internet and Telephone setting (free) 1 1,000 1,000 8.Blinds (The blinds wide 110× long 170 cm) 7 400 2,800 9.Blinds(The blinds wide 110× long 220 cm) 20 470 9,400 10.Blinds (The blinds wide 230× long 220 cm) 25 940 23,500 Total 4,950,500
  • 66. 66 4.3 Deprecation
  • 67. 67 Year 1 Investment Building Air conditioner Billboard and billboard tax Blinds Locker Front counter Container Cabinets Cash register Telephone cord Sofa LED TV Massage beds Foot massage chairs Pillows Silk for decorate massage beds Basin for foot massage Amount Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total 3,389,000.00 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 169,450.00 136,500.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 27,300.00 8,300.00 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 1,660.00 35,700.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 7,140.00 21,500.00 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 4,300.00 4,990.00 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 998.00 4,249.00 70.82 70.82 70.82 70.82 70.82 70.82 70.82 70.82 70.82 70.82 70.82 70.82 849.80 6,900.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 1,380.00 3,990.00 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 798.00 850.00 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 170.00 72,000.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 14,400.00 33,980.00 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 6,796.00 52,000.00 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 10,400.00 25,000.00 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 5,000.00 8,000.00 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 1,600.00 7,000.00 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 1,400.00 4,000.00 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 800.00
  • 68. 68 Long pants Size M Size L Uniform Bed sheet Wood for foot massage Electric hot pot Towel size 15*30cm Tea set Basin Injection line Water taps Mirror Water closet Set of CCTV and CH Total 1,000.00 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 1,100.00 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 220.00 18,150.00 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 3,630.00 7,800.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 1,560.00 150.00 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 30.00 750.00 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 150.00 1,000.00 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 4,250.00 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 850.00 6,300.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 1,260.00 1,820.00 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 364.00 12,250.00 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 2,450.00 3,283.00 54.72 54.72 54.72 54.72 54.72 54.72 54.72 54.72 54.72 54.72 54.72 54.72 656.60 13,300.00 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 2,660.00 25,900.00 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.66 5,179.99 3,911,012.00 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.39
  • 69. 69 Year 2 Investment Amount Jan Feb Building ###### 14,120.83 Air conditioner 109,200.00 2,275.00 Billboard and billboard tax 6,640.00 138.33 Mar 14,120.83 Apr May Jun Jul Aug Sep Oct 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 Nov Dec 14,120.83 14,120.83 Total 14,120.83 169,450.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 27,300.00 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 1,660.00 Blinds 28,560.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 7,140.00 Locker Front counter 17,200.00 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 4,299.96 3,992.00 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 998.00 Container 3,399.00 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 849.75 Cabinets 5,520.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 1,380.00 Cash register Telephone cord 3,192.00 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 798.00 680.00 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 170.00 Sofa 57,600.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 14,400.00 LED TV Massage beds Foot massage chairs 27,184.00 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 6,796.00 41,600.00 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 10,400.00 20,000.00 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 5,000.00 Pillows Silk for decorate massage beds Basin for foot massage 6,400.00 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 1,600.00 5,600.00 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 1,400.00 3,200.00 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 800.00 800.00 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 Long pants Size M 880.00 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 220.00 Uniform 14,520.00 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 3,630.00 Bed sheet 6,240.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 1,560.00 Size L
  • 70. 70 Wood for foot massage Electric hot pot Towel size 15*30cm 120.00 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 30.00 600.00 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 150.00 800.00 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 Tea set 3,400.00 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 850.00 Basin 5,040.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 1,260.00 Injection line 1,456.00 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 364.00 Water taps 9,800.00 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 2,450.00 Mirror 2,627.00 54.73 54.73 54.73 54.73 54.73 54.73 54.73 54.73 54.73 54.73 54.73 54.73 656.75 Water closet Set of CCTV and CH 10,640.00 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 2,660.00 20,720.00 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 5,180.00 Total ###### 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 22,821.04 273,852.46
  • 71. 71 Year 3 Investment Amount Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Building Air conditioner Billboard and billboard tax 3,050,100.00 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 14,120.83 169,450.00 81,900.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 2,275.00 27,300.00 4,980.00 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 1,660.00 Blinds 21,420.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 7,140.00 Locker Front counter 12,900.00 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 4,299.96 2,994.00 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 998.00 Container 2,549.00 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 70.81 849.67 Cabinets Cash register Telephone cord 4,140.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 1,380.00 2,394.00 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 798.00 510.00 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 170.00 Sofa 43,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 14,400.00 LED TV Massage beds Foot massage chairs 20,388.00 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 6,796.00 31,200.00 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 10,400.00 15,000.00 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 5,000.00 Pillows Silk for decorate massage beds Basin for foot massage 4,800.00 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 1,600.00 4,200.00 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 1,400.00 2,400.00 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 800.00 600.00 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 Long pants Size M
  • 72. 72 660.00 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 220.00 10,890.00 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 3,630.00 Bed sheet Wood for foot massage Electric hot pot Towel size 15*30cm 4,680.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 1,560.00 90.00 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 30.00 450.00 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 150.00 600.00 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 Tea set 2,550.00 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 850.00 Basin Injection line 3,780.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 1,260.00 1,092.00 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 364.00 Water taps 7,350.00 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 2,450.00 Mirror Water closet Set of CCTV and CH 1,971.00 54.75 54.75 54.75 54.75 54.75 54.75 54.75 54.75 54.75 54.75 54.75 54.75 657.00 7,980.00 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 2,660.00 15,540.00 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 5,180.00 3,363,308.00 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 22,821.05 273,852.63 Size L Uniform Total
  • 73. 73 Year 4 Investment Amount Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Building Air conditioner Billboard and billboard tax 2880650 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 169450 54600 2275 2275 2275 2275 2275 2275 2275 2275 2275 2275 2275 2275 27300 3320 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 1660 Blinds 14280 595 595 595 595 595 595 595 595 595 595 595 595 7140 Locker Front counter 8600 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 4300 1996 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 998 Container 1699 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 849.5 Cabinets Cash register Telephone cord 2760 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 1380 1596 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 798 340 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 170 Sofa 28800 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 14400 LED TV Massage beds Foot massage chairs 13592 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 6796 20800 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 10400 10000 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 5000 Pillows Silk for decorate massage beds Basin for foot massage 3200 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 1600 2800 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 1400 1600 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 800 400 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200 Long pants Size M
  • 74. 74 440 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 220 Uniform 7260 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 3630 Bed sheet Wood for foot massage Electric hot pot Towel size 15*30cm 3120 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 1560 60 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 30 300 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 150 400 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200 Tea set 1700 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 850 Basin Injection line 2520 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 1260 728 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 364 Water taps 4900 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 2450 Mirror Water closet Set of CCTV and CH 1315 54.79 54.79 54.79 54.79 54.79 54.79 54.79 54.79 54.79 54.79 54.79 54.79 657.5 5320 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 221.67 2660 10360 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 5180 3089456 22821.08 22821.08 22821.08 22821.08 22821.08 22821.08 22821.08 22821.08 22821.08 22821.08 22821.08 22821.08 273853 Size L Total
  • 75. 75 Year 5 Investment Amount Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Building Air conditioner Billboard and billboard tax 2711200 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 14120.83 169450.00 27300 2275.00 2275.00 2275.00 2275.00 2275.00 2275.00 2275.00 2275.00 2275.00 2275.00 2275.00 2275.00 27300.00 1660 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 138.33 1660.00 Blinds 7140 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 595.00 7140.00 Locker Front counter 4300 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 358.33 4300.00 998 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 83.17 998.00 Container 849.5 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 70.79 849.50 Cabinets Cash register Telephone cord 1380 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 115.00 1380.00 798 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 66.50 798.00 170 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 14.17 170.00 14400 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 1200.00 14400.00 6796 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 566.33 6796.00 10400 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 866.67 10400.00 5000 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 416.67 5000.00 1600 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 133.33 1600.00 1400 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 116.67 1400.00 800 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 66.67 800.00 200 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 Sofa LED TV Massage beds Foot massage chairs Pillows Silk for decorate massage beds Basin for foot massage Long pants Size M
  • 76. 76 220 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 18.33 220.00 Uniform 3630 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 302.50 3630.00 Bed sheet Wood for foot massage Electric hot pot Towel size 15*30cm 1560 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 1560.00 30 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 30.00 150 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 150.00 200 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 16.67 200.00 850 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 70.83 850.00 Basin Injection line 1260 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 105.00 1260.00 364 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 30.33 364.00 Water taps 2450 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 204.17 2450.00 Mirror Water closet Set of CCTV and CH 656 54.67 54.67 54.72 54.67 54.67 54.67 54.67 54.67 54.67 54.67 54.67 54.67 656.05 2600 216.67 216.67 216.67 216.67 216.67 216.67 216.67 216.67 216.67 216.67 216.67 216.67 2600.00 5180 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 431.67 5180.00 2815542 22815.96 22815.96 22816.01 22815.96 22815.96 22815.96 22815.96 22815.96 22815.96 22815.96 22815.96 22815.96 273791.55 Size L Tea set Total
  • 77. 77 Chapter 5 Operations
  • 78. 78 The operation cost for a massage 1. Thai herb ball We want the Thai herb ball 1,600 piece per month for Traditional Thai Massage Practitioner 20 person. The price of Thai herb ball 50 bath per piece (From an interview with real users, they use Thai herb ball 400 piece per month for Traditional Thai Massage Practitioner 5 person). lii
  • 79. 79 2. Original foot cream We want the Original foot cream 10 bottles per month for Traditional Thai Massage Practitioner 10 person. The price of original foot cream 80 bath per piece (From an interview with real users, they use original foot cream 5 bottle per month for Traditional Thai Massage Practitioner 5 person). liii
  • 80. 80 Table: The operation cost for a massage Product Thai herb ball Units/month 1,600(1*50) 10(1*80) Price 80,000 800 Original foot cream Total 80,800
  • 81. 81 Chapter 6 Administration
  • 82. 82 Management analysis Organization Management Kasalong Thai Massage manages the business by Partner Firm Department, which is located in Chiang Rai near Kok River for to establish the company. And we will have to pay tax in form of corporate income tax. Kasalong Thai Massage management can be divided into three areas: management of the external image, internal management and customer management. As detailed below, the image of external nature. Services are not tangible. Customers will pay only when consumers believe that they have everything they need, so we will need to manage our external image. The customer must confidence in the service. Such as, to decorate in store is clean and comfortable. Training of employees certified to massage, the rates are clearly signposted, and other. Management within the store management is important as small businesses or large. Operators are needed. There is the store manager, financing, trainer massage and purchase equipment.
  • 83. 83 Organization Chart General Manager (Practice of the healing Act under the provisions of the aforementioned Act) Accounting Housekeeping Sale & Marketing Human Resource Department Department Department Department Traditional Thai Massage Practitioner Accountant Housekeeper Sale Person (certificate) Traditional Thai Massage Practitioner (The Art of the disease.)
  • 84. 84 People in the organization Kasalong Thai Massage has total of employee amount x people, and below is to descript the characteristic and task of employee in each position. 1. General manager Job qualification 1. Male / Female 2. Practice of the healing Act under the provisions of the aforementioned Act. 3. Thai nationality 4. Can use with best Microsoft Office such as Word, Excel 5. Have good management skill and good relationship Job description She/he can set up targeting of company, planning all of operating which follow target of company, assigning work to employee appropriately, good communication inside company, and can evaluation & improvement of all position in company. Besides, it is include managing and payment salary of employee, supervise order of stock, and contact suppler for order the product and negotiation about price. 2. Accountant Job qualification 1. Male / Female, age at least 25 years old 2. Master or Bachelor's Degree of Business Administration, Accounting Major 3. Having leading skill and good coordinate skill 4. Have patience, enthusiasm, integrity and to be honest on work Job description Task of accountant is management and respond all of activities about finance, account, record buy-sale, and order in-out of stock before send to manager for check against.
  • 85. 85 3. Housekeeper Job qualification 1. Female age at least 25 years old 2. Thai nationality 3. Well skill in cleaning 4. Well know and well experience how to use equipment and chemicals for cleaning. 5. Responsibility of duty Job description Task of house keeper respond about cleaning all of product in showroom and house massage. Arranged and decorated locations to be organized. Maintain the cleaning front of store area. Always clean when dirt. Always clean the toilet. Care cleans all area of store. Police confer to customer. 4. Sales person Job qualification 1. Women/men who high vocation certificate in Marketing Major. 2. More than 20 years old 3. Having experience more than 1 years 4. Good personality and communication Job description Task of Seller and assistant is take care and give true information about product, advice about buy product, persuade, and explain to moderation of product with style of customer.
  • 86. 86 5. Traditional Thai Massage Practitioner (certificate) Job qualification 1. Women/men who aged 20-50 years 2. Strong personality, good health, modestly wrapped in the service. 3. There are certificate from institute of Thai Traditional Medicine. 4. Have experience in the field of massage. 6. Traditional Thai Massage Practitioner (The Art of the disease.) Job qualification 1. Women/men who aged 20-50 years 2. Strong personality, good health, modestly wrapped in the service. 3. There is The Art of the disease from institute of Thai Traditional Medicine. 4. Have experience in the field of massage. liv
  • 87. 87 Administration cost 1. Employee salary Wage rate for our organization 1. Managing Partner position 1 person 25,000 baht - Accounting department 1 person 12,000 baht - Sales person 1 person 10,000 baht - Housekeeper 1 person 6,500 baht 2. Employee in the organization - Traditional Thai Massage Practitioner (certificate) 10 persons (1 x 9,000) 90,000 baht - Traditional Thai Massage Practitioner (The Art of the disease) 20 persons (1 x 20,000) Total salary expense/month 400,000 baht 543,500 baht
  • 88. 88 Water expense / Month 1000 liter = 1Cubic meters Fore cast use 52 cu.m/month x 13.86bah = 720.72 baht Add. (+) General Service = 40 baht Add. (+) VAT 7% = 53.2504 baht Total water expense/month = 813.9704 bah WATER TARIFFS Effective December 1999 Commerce, Government Agency, State Enterprise and Industry ปริมาณน้ าใช ้ ราคาค่าน้ า ลูกบาศก์เมตร บาท/ลูกบาศก์เมตร Volume(cu.m.) Baht/cu.m. 9.50 0-10 (Not less than 90.00 Baht) 11-20 10.70 21-30 10.95 31-40 13.21 41-50 13.54 51-60 13.86 61-80 14.19 81-100 14.51 101-120 14.84 121-160 15.16 161-200 15.49 มากกว่า 200 15.81 (over 200) ** Remark: 1. VAT not included) 7% (General services) 40 bath lv
  • 89. 89 Electricity expense / month 22 Meters pressure in the normal rate Estimate use of electricity 2,300 unit x 2.4649 = 5,669.27 baht Add. (+) Service expense =228.17 baht Total Electricity expense / month =5,897.44baht อัตราค่าไฟฟ้ า – การไฟฟ้ านครหลวง ประเภทที่ 2 กิจการขนาดเล็ก ่ สาหรับการใช้ไฟฟ้ าเพื่อประกอบธุรกิจ ธุรกิจรวมกับบ้านอยูอาศัย อุตสาหกรรม และหน่ วยงานรัฐวิสาหกิจ หรื ออื่นๆ ตลอดจนบริ เวณ ที่เกี่ยวข้อง ซึ่ งมีความต้องการ พลังงานไฟฟ้ าเฉลี่ยใน 15 นาทีสูงสุ ดต่ากว่า 30 กิโลวัตต์ โดยต่อผ่านเครื่ องวัดหน่ วยไฟฟ้ าเครื่ องเดี่ยว 2.1 อัตราปกติ 2.1.1 แรงดัน 12-24 กิโลโวลต์ ค่าพลังงานไฟฟ้ า (บาท/หน่วย) ค่าบริ การ (บาท/เดือน) 2.4649 228.17 40.90 2.1.2 แรงดันต่ากว่า 12 กิโลโวลต์ 150 หน่วยแรก (หน่ วยที่ 1-150) 250 หน่วยต่อไป (หน่วยที่ 151-400) 2.7781 เกิน 400 หน่วยขึ้นไป (หน่วยที่ 401 เป็ นต้นไป) lvi 1.8047 2.9780
  • 90. 90 Internet and telephone expense Our internet and telephone expense don’t change because our company use telephone by TOT Include Internet 6MB. Fire Insurance Kasalong Thai Massage does fire insurance with Office of Insurance Commission with limits protection is 1,000,000 baht and insurance rate is 3,600 per month. It is a fix cost. Sri Ayudhya General Insurance is protecting everything in our company and protect for 3 years. lvii Advertising costs Kasalong Thai Massage will promote health center by ktdoilanradio of Chiang rai. We hired a radio for 3000 baht per month and included the spots every hour. lviii
  • 91. 91 Miscellaneous costs The liquid cleaner 3.78L -price 409 bath Liquid hand soap3.78L -price 209 bath lx Cleaning the bathroom3.78L -price 209 bath lxi lix
  • 92. 92 Toilet paper *24x4 -price 904 bath lxii Garbage bags size36x45 -price 1,625 bath lxiii Paper towel Kimberly Clark -price 990 bath lxiv
  • 93. 93 Expend Product Units/month Price The liquid cleaner 3.78L 1 gallon 409 Liquid hand soap3.78L 1 gallon 209 Cleaning the bathroom3.78L 1 gallon 209 Toilet paper *24x4 1 pack 940 Garbage bags size36x45 1 pack(175) 1,625 Paper towel Kimberly Clark 1 pack300x12 990 telephone statement by TOT Include Internet 6 MB 1 number 790 Advertising costs 1 3,000 Fire Insurance 1 3,600 Total 11,772
  • 94. 94 Chapter 7 Financial Analysis
  • 95. 95 Kasalong Thai massage Income Statement 31 decemder,2012 Year 1 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Revenue Sales Cost of raw matiral Gross Income Operating Expense General & Administra tion Utility expenses Depreciati on Miscellane ous expenses Total Operating Expense Income before interest & tax Tax Expense 30% Net income (loss) for the year Retain Earning 769,500 712,500 741,000 741,000 741,000 741,000 769,500 741,000 741,000 769,500 712,500 769,500 8,949,000 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 688,700 631,700 660,200 660,200 660,200 660,200 688,700 660,200 660,200 688,700 631,700 688,700 7,979,400 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,537 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 127,317 70,317 98,817 98,817 98,817 98,817 127,317 98,817 98,817 127,317 70,317 127,317 1,242,799 38,194.98 21,094.98 29,644.98 29,644.98 29,644.98 29,644.98 38,194.98 29,644.98 29,644.98 38,194.98 21,094.98 38,194.98 372,839.72 89,121.61 49,221.61 69,171.61 69,171.61 69,171.61 69,171.61 89,121.61 69,171.61 69,171.61 89,121.61 49,221.61 89,121.61 869,959.36 89,121.61 138,343.23 207,514.84 276,686.45 345,858.07 415,029.68 504,151.29 573,322.90 642,494.52 731,616.13 780,837.74 869,959.36 869,959.36
  • 96. 96 Kasalong Thai massage Income Statement 31 decemder,2013 Year 2 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Revenue Sales Cost of raw matiral Gross Income Operating Expense General & Administration Utility expenses Depreciation Miscellaneous expenses Total Operating Expense Income before interest & tax Tax Expense 30% Net income (loss) for the year Retain Earning 988,000 912,000 1,026,000 988,000 988,000 988,000 1,026,000 988,000 988,000 988,000 988,000 1,026,000 11,894,000 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 907,200 831,200 945,200 907,200 907,200 907,200 945,200 907,200 907,200 907,200 907,200 945,200 10,924,400 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 345,817 269,817 383,817 345,817 345,817 345,817 383,817 345,817 345,817 345,817 345,817 383,817 4,187,799 103,744.98 80,944.98 115,144.98 103,744.98 103,744.98 103,744.98 115,144.98 103,744.98 103,744.98 103,744.98 103,744.98 115,144.98 1,256,339.72 242,071.61 188,871.61 268,671.61 242,071.61 242,071.61 242,071.61 268,671.61 242,071.61 242,071.61 242,071.61 242,071.61 268,671.61 2,931,459.36 1,112,030.97 1,300,902.58 1,569,574.20 1,811,645.81 2,053,717.42 2,295,789.03 2,564,460.65 2,806,532.26 3,048,603.87 3,290,675.49 3,532,747.10 3,801,418.71 3,801,418.71
  • 97. 97 Kasalong Thai massage Income Statement 31 decemder,2014 Year 3 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Revenue Sales Cost of raw matiral 1,235,000 1,080,000 1,282,500 1,235,000 1,235,000 1,235,000 1,235,000 1,282,500 1,235,000 1,235,000 1,235,000 1,282,500 14,807,500 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 1,154,200 999,200 1,201,700 1,154,200 1,154,200 1,154,200 1,154,200 1,201,700 1,154,200 1,154,200 1,154,200 1,201,700 13,837,900 Operating Expense General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation Miscellaneous expenses Total Operating Expense Income before interest & tax Tax Expense 30% Net income (loss) for the year 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 592,817 437,817 640,317 592,817 592,817 592,817 592,817 640,317 592,817 592,817 592,817 640,317 7,101,299 177,844.98 131,344.98 192,094.98 177,844.98 177,844.98 177,844.98 177,844.98 192,094.98 177,844.98 177,844.98 177,844.98 192,094.98 2,130,389.72 414,971.61 306,471.61 448,221.61 414,971.61 414,971.61 414,971.61 414,971.61 448,221.61 414,971.61 414,971.61 414,971.61 448,221.61 4,970,909.36 4,216,390.33 4,522,861.94 4,971,083.55 5,386,055.16 5,801,026.78 6,215,998.39 6,630,970.00 7,079,191.62 7,494,163.23 7,909,134.84 8,324,106.46 8,772,328.07 8,772,328.07 Retain Earning
  • 98. 98 Kasalong Thai massage Income Statement 31 decemder,2015 Year 4 Income Statemnt JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,235,000 1,080,000 1,282,500 1,187,500 1,282,500 1,235,000 1,235,000 1,282,500 1,235,000 1,235,000 1,235,000 1,235,000 14,760,000 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 1,154,200 999,200 1,201,700 1,106,700 1,201,700 1,154,200 1,154,200 1,201,700 1,154,200 1,154,200 1,154,200 1,154,200 13,790,400 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 592,817 437,817 640,317 545,317 640,317 592,817 592,817 640,317 592,817 592,817 592,817 592,817 7,053,799 177,844.98 131,344.98 192,094.98 163,594.98 192,094.98 177,844.98 177,844.98 192,094.98 177,844.98 177,844.98 177,844.98 177,844.98 2,116,139.72 414,971.61 306,471.61 448,221.61 9,187,299.68 9,493,771.29 9,941,992.91 381,721.61 10,323,714.5 2 448,221.61 10,771,936.1 3 414,971.61 11,186,907.7 5 414,971.61 11,601,879.3 6 448,221.61 12,050,100.9 7 414,971.61 12,465,072.5 9 414,971.61 12,880,044.2 0 414,971.61 13,295,015.8 1 414,971.61 13,709,987.4 2 4,937,659.36 13,709,987.4 2 Revenue Sales Cost of raw matiral Gross Income Operating Expense General & Administratio n Utility expenses Depreciation Miscellaneou s expenses Total Operating Expense Income before interest & tax Tax Expense 30% Net income (loss) for the year Retain Earning
  • 99. 99 Year5 Income Statement JAN FEB MAR APR MAY JUN JUL AUG 1,282,500 1,187,500 1,235,000 1,235,000 1,282,500 1,187,500 1,282,500 1,282,500 80,800 80,800 80,800 80,800 80,800 80,800 80,800 1,201,700 1,106,700 1,154,200 1,154,200 1,201,700 1,106,700 543,500 543,500 543,500 543,500 543,500 6,711.41 6,711.41 6,711.41 6,711.41 22,821.03 22,821.03 22,821.03 11,172 11,172 561,383 SEP OCT NOV DEC Total 1,187,500 1,282,500 1,235,000 1,235,000 14,915,000 80,800 80,800 80,800 80,800 80,800 969,600 1,201,700 1,201,700 1,106,700 1,201,700 1,154,200 1,154,200 13,945,400 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 640,317 545,317 592,817 592,817 640,317 545,317 640,317 640,317 545,317 640,317 592,817 592,817 7,208,799 192,094.98 163,594.98 177,844.98 177,844.98 192,094.98 163,594.98 192,094.98 192,094.98 163,594.98 192,094.98 177,844.98 177,844.98 2,162,639.72 448,221.61 14,158,209.0 4 381,721.61 14,539,930.6 5 414,971.61 14,954,902.2 6 414,971.61 15,369,873.8 8 448,221.61 381,721.61 448,221.61 15,818,095.49 16,199,817.10 448,221.61 16,648,038.7 2 381,721.61 17,477,981.9 4 448,221.61 17,926,203.5 5 414,971.61 18,341,175.1 7 414,971.61 18,756,146.7 8 5,046,159.36 18,756,146.7 8 Revenue Sales Cost of raw matiral Gross Income Operating Expense General & Administratio n Utility expenses Depreciation Miscellaneou s expenses Total Operating Expense Income before interest & tax Tax Expense 30% Net income (loss) for the year Retain Earning 17,096,260.33
  • 100. 100 Kasalong Thai massage Cash flow 31 decemder,2012 JAN Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received Cash paid Cash paid for cost of raw matiral Cash paid for operating expense Cash paid for income tax Total cash paid Net cash flow from operating activity Cash flow from investment activity Cash received Cash received from sale Total cash received FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 769,500 712,500 741,000 741,000 741,000 741,000 769,500 741,000 741,000 769,500 712,500 769,500 8,949,000 0.00 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 251,031.37 769,500 735,321 763,821 763,821 763,821 763,821 792,321 763,821 763,821 792,321 735,321 792,321 9,200,031 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 38,194.98 21,094.98 29,644.98 29,644.98 29,644.98 29,644.98 38,194.98 29,644.98 29,644.98 38,194.98 21,094.98 38,194.98 372,839.72 680,378 663,278 671,828 671,828 671,828 671,828 680,378 671,828 671,828 680,378 663,278 680,378 8,079,041 89,122 72,043 91,993 91,993 91,993 91,993 111,943 91,993 91,993 111,943 72,043 111,943 1,120,991 0
  • 101. 101 Cash paid Cash paid investment on operating and administratio n Total cash paid Net cash flow from investment activity Cash flow from financing activity Cash received Borrowing cash Total cash received Cash paid Cash paid for Divident Total cash paid Net cash flow from Financing activity Net increase/ decrease in cash Beginning cash Ending cash 5,277,514 3,911,762 5,277,514 3,911,762 -5,277,514 3,911,762 5,000,000 5,000,000 5,000,000 5,000,000 0.00 0.00 5,000,000 5,000,000 -188,392 72,043 91,993 91,993 91,993 91,993 111,943 91,993 91,993 111,943 72,043 111,943 -188,392 -188,392 -116,350 -116,350 -24,357 -24,357 67,636 67,636 159,628 159,628 251,621 251,621 363,564 363,564 455,556 455,556 547,549 547,549 659,491 659,491 731,534 731,534 843,477 843,477
  • 102. 102 Kasalong Thai massage Cash flow 31 decemder,2013 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Cash received on cash sale 988,000 912,000 1,026,000 988,000 988,000 988,000 1,026,000 988,000 988,000 988,000 988,000 1,026,000 11,894,000 Adjust depreciation 0.00 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 251,031.37 Total cash received 988,000.0 0 934,821.0 3 1,048,821. 03 1,010,821. 03 1,010,821. 03 1,010,821. 03 1,048,821. 03 1,010,821. 03 1,010,821. 03 1,010,821. 03 1,010,821. 03 1,048,821. 03 12,145,031 .37 Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 103,744.9 8 745,928 80,944.98 723,128 115,144.9 8 757,328 103,744.9 8 745,928 103,744.9 8 745,928 103,744.9 8 745,928 115,144.9 8 757,328 103,744.9 8 745,928 103,744.9 8 745,928 103,744.9 8 745,928 103,744.9 8 745,928 115,144.9 8 757,328 1,006,816. 50 8,962,541 242,071.6 1 211,692.6 5 291,492.6 5 264,892.6 5 264,892.6 5 264,892.6 5 291,492.6 5 264,892.6 5 264,892.6 5 264,892.6 5 264,892.6 5 291,492.6 5 3,182,490. 72 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Cash flow from operating activity Cash received Cash paid Total cash paid Net cash flow from operating activity Cash flow from investment activity Cash received Cash received from sale Total cash received Cash paid Cash paid investment on operating and administration Total cash paid Net cash flow from investment activity 0
  • 103. 103 Cash flow from financing activity Cash received Borrowing cash Total cash received - - - - - - - - - - - - - - - - - - - - - - - - 0 - - - - - - - - - - - - Cash paid Cash paid Total cash paid 0.00 - - - - - - - - - - - - Net cash flow from Financing activity Net increase/ decrease in cash 0 - - - - - - - - - - - - 242,071.6 1 843,477 211,692.6 5 1,085,548. 37 1,297,241. 02 291,492.6 5 1,297,241. 02 1,588,733. 67 264,892.6 5 1,588,733. 67 1,853,626. 31 264,892.6 5 1,853,626. 31 2,118,518. 96 264,892.6 5 2,118,518. 96 2,383,411. 61 291,492.6 5 2,383,411. 61 2,674,904. 25 264,892.6 5 2,674,904. 25 2,939,796. 90 264,892.6 5 2,939,796. 90 3,204,689. 54 264,892.6 5 3,204,689. 54 3,469,582. 19 264,892.6 5 3,469,582. 19 3,734,474. 84 291,492.6 5 3,734,474. 84 4,025,967. 48 4,025,967. 48 Beginning cash Ending cash 1,085,548. 37
  • 104. 104 Kasalong Thai massage Cash flow 31 decemder,2014 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,235,000 1,080,00 0 22,821.0 3 1,102,82 1 1,282,500 1,235,00 0 22,821.0 3 1,257,82 1 1,235,000 1,235,00 0 22,821.0 3 1,257,82 1 1,235,00 0 22,821.0 3 1,257,82 1 1,282,50 0 22,821.0 3 1,305,32 1 1,235,00 0 22,821.0 3 1,257,82 1 1,235,00 0 22,821.0 3 1,257,82 1 1,235,00 0 22,821.0 3 1,257,82 1 1,282,50 0 22,821.0 3 1,305,32 1 14,807,500 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received 1,235,000 22,821.03 1,305,321 22,821.03 1,257,821 251,031.37 15,058,531 Cash paid Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 177,844.98 Total cash paid 820,028 131,344. 98 773,528 192,094.9 8 834,278 177,844. 98 820,028 177,844.9 8 820,028 177,844. 98 820,028 177,844. 98 820,028 192,094. 98 834,278 177,844. 98 820,028 177,844. 98 820,028 177,844. 98 820,028 192,094. 98 834,278 1,880,866. 50 9,836,591 Net cash flow from operating activity 414,972 329,293 471,043 437,793 437,793 437,793 437,793 471,043 437,793 437,793 437,793 471,043 5,221,941 Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - Cash flow from investment activity Cash received Cash paid
  • 105. 105 Cash paid investment on operating and administration Total cash paid - - - - - - - - - - - - - - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - - - Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - - Cash paid 0.00 - - - - - - - - - - - - Total cash paid 0.00 - - - - - - - - - - - - Net cash flow from Financing activity 0.00 - - - - - - - - - - - - Net increase/ decrease in cash 414,972 329,293 471,043 437,793 437,793 437,793 437,793 471,043 437,793 437,793 437,793 471,043 5,221,941 Beginning cash 4,025,967.4 8 4,440,939 4,440,93 9 4,770,23 2 4,770,232 5,241,27 4 5,679,06 7 5,679,067 6,116,86 0 6,554,65 2 6,554,65 2 6,992,44 5 6,992,44 5 7,463,48 8 7,463,48 8 7,901,28 0 7,901,28 0 8,339,07 3 8,339,07 3 8,776,86 6 8,776,86 6 9,247,90 8 Cash flow from financing activity Cash received Cash paid Ending cash 5,241,274 6,116,860 9,247,908
  • 106. 106 Kasalong Thai massage Cash flow 31 decemder,2015 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,235,000 1,080,000 1,282,500 1,187,500 1,282,500 1,235,000 1,235,000 1,282,500 1,235,000 1,235,000 1,235,000 1,235,000 14,760,000 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 251,031.37 1,235,000 1,102,821 1,305,321 1,210,321 1,305,321 1,257,821 1,257,821 1,305,321 1,257,821 1,257,821 1,257,821 1,257,821 15,011,031 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 177,844.98 131,344.98 192,094.98 163,594.98 192,094.98 177,844.98 177,844.98 192,094.98 177,844.98 177,844.98 177,844.98 177,844.98 1,866,682.80 820,028 773,528 834,278 805,778 834,278 820,028 820,028 834,278 820,028 820,028 820,028 820,028 9,822,341 414,972 329,293 471,043 404,543 471,043 437,793 437,793 471,043 437,793 437,793 437,793 437,793 5,188,691 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 0 - - - - - - - - - - - -
  • 107. 107 - - - - - - - - - - - - - 0 - - - - - - - - - - - - 0.00 - - - - - - - - - - - - 0.00 - - - - - - - - - - - - 0.00 - - - - - - - - - - - - 414,972 329,293 471,043 404,543 471,043 437,793 437,793 471,043 437,793 437,793 437,793 437,793 5,188,691 9,247,908 9,662,880 9,992,172 10,463,215 10,867,758 11,338,800 11,776,593 12,214,386 12,685,428 13,123,221 13,561,014 13,998,806 9,662,880 9,992,172 10,463,215 10,867,758 11,338,800 11,776,593 12,214,386 12,685,428 13,123,221 13,561,014 13,998,806 14,436,599 14,436,599
  • 108. 108 Kasalong Thai massage Cash flow 31 decemder,2016 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,282,500 1,187,50 0 22,821.0 3 1,210,32 1 1,235,00 0 22,821.0 3 1,257,82 1 1,235,00 0 22,821.0 3 1,257,82 1 1,282,50 0 22,821.0 3 1,305,32 1 1,187,50 0 22,821.0 3 1,210,32 1 1,282,50 0 22,821.0 3 1,305,32 1 1,282,50 0 22,821.0 3 1,305,32 1 1,187,50 0 22,821.0 3 1,210,32 1 1,282,500 1,235,00 0 22,821.0 3 1,257,82 1 1,235,000 14,915,000 22,821.03 251,031.37 1,257,821 15,166,031 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received 1,282,500 22,821.03 1,305,321 Cash paid Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 192,094.98 Total cash paid 834,278 163,594. 98 805,778 177,844. 98 820,028 177,844. 98 820,028 192,094. 98 834,278 163,594. 98 805,778 192,094. 98 834,278 192,094. 98 834,278 163,594. 98 805,778 192,094.9 8 834,278 177,844. 98 820,028 177,844.9 8 820,028 1,913,013. 30 9,619,214 Net cash flow from operating activity 448,222 404,543 437,793 437,793 471,043 404,543 471,043 471,043 404,543 471,043 437,793 437,793 5,297,191 Cash flow from investment activity - - - - - - - - - - - - - Cash received - - - - - - - - - - - - - Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - Cash paid investment on operating and administration Total cash paid - - - - - - - - - - - - - - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - 0 - Cash paid
  • 109. 109 Cash flow from financing activity Cash received Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - 0 - Cash paid for Divident 0.00 - - - - - - - - - - 5,000,000 Total cash paid 0.00 - - - - - - - - - - 5,000,000 Net cash flow from Financing activity 0.00 - - - - - - - - - - Net increase/ decrease in cash 448,222 404,543 437,793 437,793 471,043 404,543 471,043 471,043 404,543 471,043 437,793 Beginning cash 14,436,599 Ending cash 14,884,821 14,884,8 21 15,289,3 63 15,289,3 63 15,727,1 56 15,727,1 56 16,164,9 48 16,164,9 48 16,635,9 91 16,635,9 91 17,040,5 34 17,040,5 34 17,511,5 76 17,511,5 76 17,982,6 19 17,982,6 19 18,387,1 62 18,387,16 2 18,858,20 4 18,858,2 04 19,295,9 97 5,000,000 4,562,207 19,295,99 7 14,733,79 0 Cash paid 297,191 14,733,790
  • 110. 110 Kasalong Thai massage Balance sheet 31 decemder,2012 Balance Sheet Year 1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash -188,392 -116,350 -24,357 67,636 159,628 251,621 363,564 455,556 547,549 659,491 731,534 843,477 Total Current Asset -188,392 -116,350 -24,357 67,636 159,628 251,621 363,564 455,556 547,549 659,491 731,534 843,477 Operating and Admin fixed asset 5,277,514 5,254,693 5,231,872 5,209,051 5,186,230 5,163,409 5,140,588 5,117,767 5,094,946 5,072,125 5,049,304 5,026,483 Total Fixed asset 5,277,514 5,254,693 5,231,872 5,209,051 5,186,230 5,163,409 5,140,588 5,117,767 5,094,946 5,072,125 5,049,304 5,026,483 Total Asset 5,089,122 5,138,343 5,207,515 5,276,686 5,345,858 5,415,030 5,504,151 5,573,323 5,642,495 5,731,616 5,780,838 5,869,959 Long Term debt 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 89,121.61 138,343.23 207,514.84 276,686.45 345,858.07 415,029.68 504,151.29 573,322.90 642,494.52 731,616.13 780,837.74 869,959.36 Owner Equity - - - - - - - - - - - - Total Equity 89,121.61 138,343.23 207,514.84 276,686.45 345,858.07 415,029.68 504,151.29 573,322.90 642,494.52 731,616.13 780,837.74 869,959.36 Total Liability & Equity 5,089,122 5,138,343 5,207,515 5,276,686 5,345,858 5,415,030 5,504,151 5,573,323 5,642,495 5,731,616 5,780,838 5,869,959 Asset Current Asset Fixed Asset Liability & Equity Liability Equity
  • 111. 111 Kasalong Thai massage Balance sheet 31 decemder,2013 Balance Sheet Year 2 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 1,085,548.37 1,085,548.37 1,588,733. 67 1,588,733. 67 1,853,626. 31 1,853,626. 31 2,118,518. 96 2,118,518. 96 2,383,411. 61 2,383,411. 61 2,674,904.25 Total Current Asset 1,297,241. 02 1,297,241. 02 2,939,796. 90 2,939,796. 90 3,204,689. 54 3,204,689. 54 3,469,582. 19 3,469,582. 19 3,734,474. 84 3,734,474. 84 4,025,967. 48 4,025,967. 48 Asset Current Asset 2,674,904.25 Fixed Asset Operating and Admin fixed asset 5,026,483 5,003,662 4,980,841 4,958,019 4,935,198 4,912,377 4,889,556 4,866,735 4,843,914 4,821,093 4,798,272 4,775,451 Total Fixed asset 5,026,483 5,003,662 4,980,841 4,958,019 4,935,198 4,912,377 4,889,556 4,866,735 4,843,914 4,821,093 4,798,272 4,775,451 Total Asset 6,112,030.97 6,300,902. 58 6,569,574. 20 6,811,645. 81 7,053,717. 42 7,295,789. 03 7,564,460.65 7,806,532. 26 8,048,603. 87 8,290,675. 49 8,532,747. 10 8,801,418. 71 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 1,112,030.97 - 1,569,574. 20 - 1,811,645. 81 - 2,053,717. 42 - 2,295,789. 03 - 2,564,460.65 Owner Equity 1,300,902. 58 - 2,806,532. 26 - 3,048,603. 87 - 3,290,675. 49 - 3,532,747. 10 - 3,801,418. 71 - Total Equity 1,112,030.97 6,112,030.97 1,569,574. 20 6,569,574. 20 1,811,645. 81 6,811,645. 81 2,053,717. 42 7,053,717. 42 2,295,789. 03 7,295,789. 03 2,564,460.65 Total Liability & Equity 1,300,902. 58 6,300,902. 58 2,806,532. 26 7,806,532. 26 3,048,603. 87 8,048,603. 87 3,290,675. 49 8,290,675. 49 3,532,747. 10 8,532,747. 10 3,801,418. 71 8,801,418. 71 Liability & Equity Liability Equity - 7,564,460.65
  • 112. 112 Kasalong Thai massage Balance sheet 31 decemder,2014 Balance Sheet Year 3 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 4,440,939 4,770,232 5,241,274 5,679,067 6,116,860 6,554,652 6,992,445 7,463,488 7,901,280 8,339,073 8,776,866 9,247,908 Total Current Asset 4,440,939 4,770,232 5,241,274 5,679,067 6,116,860 6,554,652 6,992,445 7,463,488 7,901,280 8,339,073 8,776,866 9,247,908 Operating and Admin fixed asset 4,775,451 4,752,630 4,729,809 4,706,988 4,684,167 4,661,346 4,638,525 4,615,704 4,592,883 4,570,062 4,547,241 4,524,420 Total Fixed asset 4,775,451 4,752,630 4,729,809 4,706,988 4,684,167 4,661,346 4,638,525 4,615,704 4,592,883 4,570,062 4,547,241 4,524,420 Total Asset 9,216,390 9,522,862 9,971,084 10,386,055 10,801,027 11,215,998 11,630,970 12,079,192 12,494,163 12,909,135 13,324,106 13,772,328 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 4,216,390.33 Owner Equity - 4,522,861.9 4 - 4,971,083.5 5 - 5,386,055.1 6 - 5,801,026.7 8 - 6,215,998.3 9 - 6,630,970.0 0 - 7,079,191.6 2 - 7,494,163. 23 - 7,909,134.8 4 - 8,324,106.4 6 - 8,772,328.0 7 - Total Equity 4,216,390.33 Total Liability & Equity 9,216,390.33 4,522,861.9 4 9,522,861.9 4 4,971,083.5 5 9,971,083.5 5 5,386,055.1 6 10,386,055. 16 5,801,026.7 8 10,801,026. 78 6,215,998.3 9 11,215,998. 39 6,630,970.0 0 11,630,970. 00 7,079,191.6 2 12,079,191. 62 7,494,163. 23 12,494,163 .23 7,909,134.8 4 12,909,134. 84 8,324,106.4 6 13,324,106. 46 8,772,328.0 7 13,772,328. 07 Asset Current Asset Fixed Asset Liability & Equity Liability Equity
  • 113. 113 Kasalong Thai massage Balance sheet 31 decemder,2015 Balance Sheet Year 4 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 9,662,880 9,992,172 10,463,215 10,867,758 11,338,800 11,776,593 12,214,386 12,685,428 13,123,221 13,561,014 13,998,806 14,436,599 Total Current Asset 9,662,880 9,992,172 10,463,215 10,867,758 11,338,800 11,776,593 12,214,386 12,685,428 13,123,221 13,561,014 13,998,806 14,436,599 Operating and Admin fixed asset 4,524,420 4,501,599 4,478,778 4,455,957 4,433,136 4,410,315 4,387,494 4,364,673 4,341,852 4,319,031 4,296,210 4,273,388 Total Fixed asset 4,524,420 4,501,599 4,478,778 4,455,957 4,433,136 4,410,315 4,387,494 4,364,673 4,341,852 4,319,031 4,296,210 4,273,388 Total Asset 14,187,300 14,493,771 14,941,993 15,323,715 15,771,936 16,186,908 16,601,879 17,050,101 17,465,073 17,880,044 18,295,016 18,709,987 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 9,187,299.6 8 - 9,493,771.2 9 - 9,941,992.9 1 - 10,323,714. 52 - 10,771,936. 13 - 11,186,907.7 5 - 11,601,879. 36 - 12,050,100. 97 - 12,465,072. 59 - 12,880,044. 20 - 13,295,015. 81 - 13,709,987. 42 - 9,187,299.6 8 14,187,299. 68 9,493,771.2 9 14,493,771. 29 9,941,992.9 1 14,941,992. 91 10,323,714. 52 15,323,714. 52 10,771,936. 13 15,771,936. 13 11,186,907.7 5 16,186,907.7 5 11,601,879. 36 16,601,879. 36 12,050,100. 97 17,050,100. 97 12,465,072. 59 17,465,072. 59 12,880,044. 20 17,880,044. 20 13,295,015. 81 18,295,015. 81 13,709,987. 42 18,709,987. 42 Asset Current Asset Fixed Asset Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 114. 114 Kasalong Thai massage Balance sheet 31 decemder,2016 Balance Sheet Year 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 14,884,821 15,289,363 15,727,156 16,164,948 16,635,991 17,040,534 17,511,576 17,982,619 18,387,162 18,858,204 19,295,997 14,733,790 Total Current Asset 14,884,821 15,289,363 15,727,156 16,164,948 16,635,991 17,040,534 17,511,576 17,982,619 18,387,162 18,858,204 19,295,997 14,733,790 Operating and Admin fixed asset 4,273,388 4,250,567 4,227,746 4,204,925 4,182,104 4,159,283 4,136,462 4,113,641 4,090,820 4,067,999 4,045,178 4,022,357 Total Fixed asset 4,273,388 4,250,567 4,227,746 4,204,925 4,182,104 4,159,283 4,136,462 4,113,641 4,090,820 4,067,999 4,045,178 4,022,357 Total Asset 19,158,209 19,539,931 19,954,902 20,369,874 20,818,095 21,199,817 21,648,039 22,096,260 22,477,982 22,926,204 23,341,175 18,756,147 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 14,158,209. 04 - 14,539,930. 65 - 14,954,902. 26 - 15,369,873. 88 - 15,818,095. 49 - 16,199,817. 10 - 16,648,038. 72 - 17,096,260. 33 - 17,477,981. 94 - 17,926,203.5 5 - 18,341,175. 17 - 18,756,146. 78 - 14,158,209. 04 19,158,209. 04 14,539,930. 65 19,539,930. 65 14,954,902. 26 19,954,902. 26 15,369,873. 88 20,369,873. 88 15,818,095. 49 20,818,095. 49 16,199,817. 10 21,199,817. 10 16,648,038. 72 21,648,038. 72 17,096,260. 33 22,096,260. 33 17,477,981. 94 22,477,981. 94 17,926,203.5 5 22,926,203.5 5 18,341,175. 17 23,341,175. 17 18,756,146. 78 18,756,146. 78 Asset Current Asset Fixed Asset Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 115. 115 Kasalong Thai massage Income Statement 31 decemder,2012 decrease 5% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 731,025 676,875 703,950 703,950 703,950 703,950 731,025 703,950 703,950 731,025 676,875 731,025 8,501,550 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 650,225 596,075 623,150 623,150 623,150 623,150 650,225 623,150 623,150 650,225 596,075 650,225 7,531,950 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,537 Depreciation 22,832.93 22,832.93 22,832.93 22,832.93 22,832.93 22,832.93 22,832.93 22,832.93 22,832.93 22,832.93 22,832.93 273,995.16 Miscellaneous expenses 11,172 22,832.9 3 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 88,842 34,692 61,767 61,767 61,767 61,767 88,842 61,767 61,767 88,842 34,692 88,842 795,349 Tax Expense 30% 26,652.48 0.00 0.00 0.00 0.00 0.00 26,652.48 0.00 0.00 26,652.48 0.00 26,652.48 106,609.91 Net income (loss) for the year 62,189.11 61,766.59 61,766.59 61,766.59 61,766.59 62,189.11 61,766.59 61,766.59 62,189.11 34,691.59 62,189.11 688,739.17 Retain Earning 62,189.11 34,691.5 9 96,880.7 0 158,647.29 220,413.8 8 282,180.4 7 343,947.0 6 406,136.1 8 467,902.77 529,669.3 6 591,858.4 7 626,550.0 6 688,739.17 688,739.17 Revenue Operating Expense
  • 116. 116 Kasalong Thai massage Income Statement 31 decemder,2013 Year 2 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 938,600 866,400 974,700 938,600 938,600 938,600 974,700 938,600 938,600 938,600 938,600 974,700 11,299,300 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 857,800 785,600 893,900 857,800 857,800 857,800 893,900 857,800 857,800 857,800 857,800 893,900 10,329,700 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 22,821.0 3 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 296,417 224,217 332,517 296,417 296,417 296,417 332,517 296,417 296,417 296,417 296,417 332,517 3,593,099 Tax Expense 30% 88,924.9 8 207,491. 61 896,230. 79 67,264.98 99,754.98 88,924.98 88,924.98 88,924.98 99,754.98 88,924.98 88,924.98 88,924.98 88,924.98 99,754.98 156,951.6 1 1,053,182. 40 232,761.6 1 1,285,944. 01 207,491.6 1 1,493,435. 62 207,491.61 207,491.61 207,491.61 207,491.61 232,761.61 1,908,418. 85 2,348,672. 08 2,556,163. 69 207,491.6 1 2,763,655. 30 207,491.61 1,700,927. 24 232,761.6 1 2,141,180. 46 2,971,146.9 2 3,203,908. 53 1,077,929. 72 2,515,169. 36 3,203,909 Revenue Operating Expense Net income (loss) for the year Retain Earning
  • 117. 117 Kasalong Thai massage Income Statement 31 decemder,2014 Year 3 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,173,250 1,026,000 1,218,375 1,173,250 1,173,250 1,173,250 1,173,250 1,218,375 1,173,250 1,173,250 1,173,250 1,218,375 14,067,125 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 1,092,450 945,200 1,137,575 1,092,450 1,092,450 1,092,450 1,092,450 1,137,575 1,092,450 1,092,450 1,092,450 1,137,575 13,097,525 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 531,067 383,817 576,192 531,067 531,067 531,067 531,067 576,192 531,067 531,067 531,067 576,192 6,360,924 Tax Expense 30% 159,319.9 8 371,746.6 1 3,575,655. 14 115,144.9 8 268,671.6 1 3,844,326. 75 172,857.48 159,319.9 8 371,746.6 1 4,619,407. 48 159,319.9 8 371,746.6 1 4,991,154. 09 159,319.98 159,319.98 371,746.61 403,334.11 5,362,900. 71 5,734,647. 32 159,319.9 8 371,746.6 1 6,881,474. 66 172,857.48 371,746.61 159,319.9 8 371,746.6 1 6,509,728. 05 159,319.98 371,746.61 172,857.4 8 403,334.1 1 6,137,981. 43 7,253,221. 27 7,656,555. 38 1,908,277.2 2 4,452,646.8 6 7,656,555.3 8 Revenue Operating Expense Net income (loss) for the year Retain Earning 403,334.11 4,247,660. 87
  • 118. 118 Kasalong Thai massage Income Statement 31 decemder,2015 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,173,250 1,026,000 1,218,375 1,128,125 1,218,375 1,173,250 1,173,250 1,218,375 1,173,250 1,173,250 1,173,250 1,173,250 14,022,000 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 1,092,450 945,200 1,137,575 1,047,325 1,137,575 1,092,450 1,092,450 1,137,575 1,092,450 1,092,450 1,092,450 1,092,450 13,052,400 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 531,067 383,817 576,192 485,942 576,192 531,067 531,067 576,192 531,067 531,067 531,067 531,067 6,315,799 Tax Expense 30% 159,319.9 8 371,746.6 1 8,028,302. 00 115,144.9 8 268,671.6 1 8,296,973. 61 172,857.4 8 403,334.1 1 8,700,307. 72 145,782.4 8 340,159.1 1 9,040,466. 84 172,857.48 159,319.98 159,319.98 172,857.48 159,319.98 159,319.98 159,319.98 159,319.98 403,334.11 371,746.61 371,746.61 403,334.11 371,746.61 371,746.61 371,746.61 371,746.61 9,443,800. 95 9,815,547. 56 10,187,294 .18 10,590,628 .29 10,962,374 .90 11,334,121 .51 11,705,868 .13 12,077,614 .74 1,894,739. 72 4,421,059. 36 12,077,614 .74 Revenue Operating Expense Net income (loss) for the year Retain Earning
  • 119. 119 Kasalong Thai massage Income Statement 31 decemder,2016 Year 5 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,218,375 1,128,125 1,173,250 1,173,250 1,218,375 1,128,125 1,218,375 1,218,375 1,128,125 1,218,375 1,173,250 1,173,250 14,169,250 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 1,137,575 1,047,325 1,092,450 1,092,450 1,137,575 1,047,325 1,137,575 1,137,575 1,047,325 1,137,575 1,092,450 1,092,450 13,199,650 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 576,192 485,942 531,067 531,067 576,192 485,942 576,192 576,192 485,942 576,192 531,067 531,067 6,463,049 Tax Expense 30% 172,857.48 159,319.98 172,857.4 8 403,334.1 1 15,114,76 2.64 159,319.98 159,319.98 340,159.11 403,334.11 371,746.61 371,746.61 12,480,948 .85 172,857.4 8 403,334.1 1 14,711,42 8.53 172,857.48 Retain Earning 172,857.4 8 403,334.1 1 13,967,93 5.31 145,782.48 403,334.11 159,319.9 8 371,746.6 1 13,564,60 1.19 145,782.48 Net income (loss) for the year 145,782.4 8 340,159.1 1 12,821,10 7.97 15,454,921. 76 15,858,255. 87 16,230,002 .48 16,601,749 .10 1,938,914. 72 4,524,134. 36 16,601,749 .10 Revenue Operating Expense 371,746.61 13,192,854. 58 340,159.11 14,308,094. 42
  • 120. 120 Kasalong Thai massage Cash flow 31 decemder,2012 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Cash received on cash sale 731,025 676,875 703,950 703,950 703,950 703,950 731,025 703,950 703,950 731,025 676,875 731,025 8,501,550 Adjust depreciation 0.00 Total cash received 731,025 22,821.0 3 699,696 22,821.0 3 726,771 22,821.0 3 726,771 22,821.0 3 726,771 22,821.0 3 726,771 22,821.0 3 753,846 22,821.0 3 726,771 22,821.0 3 726,771 22,821.0 3 753,846 22,821.0 3 699,696 22,821.0 3 753,846 251,031.3 7 8,752,581 Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 26,652.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00 668,836 642,183 642,183 642,183 642,183 642,183 642,183 642,183 26,652.4 8 668,836 0.00 Total cash paid 26,652.4 8 668,836 642,183 26,652.4 8 668,836 123,221.4 0 7,812,811 Net cash flow from operating activity 62,189 57,513 84,588 84,588 84,588 84,588 85,010 84,588 84,588 85,010 57,513 85,010 939,771 Cash flow from operating activity Cash received Cash paid Cash flow from investment activity Cash received Cash received from sale 0 0 Cash paid investment on operating and administration 5,300,335 5,300,335 Total cash paid 5,300,335 5,300,335 Net cash flow from investment activity - - Total cash received Cash paid
  • 121. 121 5,300,335 5,300,335 Borrowing cash 5,000,000 5,000,000 Total cash received 5,000,000 5,000,000 Cash paid for Dividend 0.00 0.00 Total cash paid 0 0 Net cash flow from Financing activity 5,000,000 5,000,000 Net increase/ decrease in cash -238,146 Cash flow from financing activity Cash received Cash paid Ending cash -238,146 84,588 84,588 84,588 84,588 85,010 84,588 84,588 85,010 57,513 85,010 -238,146 Beginning cash 57,513 -180,633 -96,046 -11,458 73,130 157,717 242,727 327,315 411,903 496,913 554,425 -180,633 -96,046 -11,458 73,130 157,717 242,727 327,315 411,903 496,913 554,425 639,436 639,436
  • 122. 122 Kasalong Thai massage Cash flow 31 decemder,2013 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Cash received on cash sale 938,600 866,400 974,700 938,600 938,600 938,600 974,700 938,600 938,600 938,600 938,600 974,700 11,299,300 Adjust depreciation 0.00 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 251,031.37 Total cash received 938,600.0 0 889,221.0 3 997,521.0 3 961,421.0 3 961,421.0 3 961,421.0 3 997,521.0 3 961,421.0 3 961,421.0 3 961,421.0 3 961,421.0 3 997,521.0 3 11,550,331. 37 Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 88,924.98 67,264.98 99,754.98 88,924.98 88,924.98 88,924.98 99,754.98 88,924.98 88,924.98 88,924.98 88,924.98 99,754.98 Total cash paid 731,108 709,448 741,938 731,108 731,108 731,108 741,938 731,108 731,108 731,108 731,108 741,938 1,077,929.7 2 8,784,131 Net cash flow from operating activity 207,491.6 1 179,772.6 5 255,582.6 5 230,312.6 5 230,312.6 5 230,312.6 5 255,582.6 5 230,312.6 5 230,312.6 5 230,312.6 5 230,312.6 5 255,582.6 5 2,766,200.7 2 - - - - - - - - - - - - Cash flow from operating activity Cash received Cash paid Cash flow from investment activity Cash received Cash received from sale Total cash received Cash paid Cash paid investment on operating and administration
  • 123. 123 - - - - - - - - - - - - 0 - - - - - - - - - - - 0 Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - 0 Cash paid for Dividend 0 - - - - - - - - - - - 0 Total cash paid 0 - - - - - - - - - - - 0 Net cash flow from Financing activity Net increase/ decrease in cash 0 - - - - - - - - - - - 0 207,491.6 1 639,436 179,772.6 5 846,927.1 5 1,026,699. 80 255,582.6 5 1,026,699. 80 1,282,282. 44 230,312.6 5 1,282,282. 44 1,512,595. 09 230,312.6 5 1,512,595. 09 1,742,907. 74 230,312.6 5 1,742,907. 74 1,973,220. 38 255,582.6 5 1,973,220. 38 2,228,803. 03 230,312.6 5 2,228,803. 03 2,459,115. 68 230,312.6 5 2,459,115. 68 2,689,428. 32 230,312.6 5 2,689,428. 32 2,919,740. 97 230,312.6 5 2,919,740. 97 3,150,053. 62 255,582.6 5 3,150,053. 62 3,405,636. 26 2,766,200.7 2 Total cash paid Net cash flow from investment activity Cash flow from financing activity Cash received Cash paid Beginning cash Ending cash 846,927.1 5 3,405,636.2 6
  • 124. 124 Kasalong Thai massage Cash flow 31 decemder,2014 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,173,250 1,026,00 0 22,821.0 3 1,048,82 1 1,218,37 5 22,821.0 3 1,241,19 6 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,218,37 5 22,821.0 3 1,241,19 6 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,218,37 5 22,821.0 3 1,241,19 6 14,067,125 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received 1,173,250 251,031.37 14,318,156 Cash paid Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 159,319.98 801,503 172,857. 48 815,041 159,319. 98 801,503 159,319. 98 801,503 159,319. 98 801,503 159,319. 98 801,503 172,857. 48 815,041 159,319. 98 801,503 159,319. 98 801,503 159,319. 98 801,503 172,857. 48 815,041 1,908,277.22 Total cash paid 115,144. 98 757,328 Net cash flow from operating activity 371,747 291,493 426,155 394,568 394,568 394,568 394,568 426,155 394,568 394,568 394,568 426,155 4,703,678 Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - 9,614,478 Cash flow from investment activity Cash received Cash paid
  • 125. 125 Cash paid investment on operating and administration Total cash paid - - - - - - - - - - - - - - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - - 0 Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - 0 Cash paid for Dividend 0.00 - - - - - - - - - - - 0.00 Total cash paid 0.00 - - - - - - - - - - - 0.00 Net cash flow from Financing activity 0.000 - - - - - - - - - - - 0.000 Net increase/ decrease in cash 371,747 291,493 426,155 394,568 394,568 394,568 394,568 426,155 394,568 394,568 394,568 426,155 4,703,678 Beginning cash 3,405,636.2 6 3,777,383 3,777,38 3 4,068,87 6 4,068,87 6 4,495,03 1 4,495,03 1 4,889,59 8 4,889,59 8 5,284,16 6 5,284,16 6 5,678,73 4 5,678,73 4 6,073,30 1 6,073,30 1 6,499,45 6 6,499,45 6 6,894,02 4 6,894,02 4 7,288,59 2 7,288,59 2 7,683,15 9 7,683,15 9 8,109,31 4 Cash flow from financing activity Cash received Cash paid Ending cash 8,109,314
  • 126. 126 Kasalong Thai massage Cash flow 31 decemder,2015 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,173,250 1,026,00 0 22,821.0 3 1,048,82 1 1,218,37 5 22,821.0 3 1,241,19 6 1,128,12 5 22,821.0 3 1,150,94 6 1,218,37 5 22,821.0 3 1,241,19 6 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,218,37 5 22,821.0 3 1,241,19 6 1,173,250 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 14,022,000 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received 1,173,250 22,821.03 1,196,071 251,031.37 14,273,031 Cash paid Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 159,319.98 Total cash paid 801,503 115,144. 98 757,328 172,857. 48 815,041 145,782. 48 787,966 172,857. 48 815,041 159,319. 98 801,503 159,319. 98 801,503 172,857. 48 815,041 159,319.9 8 801,503 159,319. 98 801,503 159,319. 98 801,503 159,319. 98 801,503 1,894,739.7 2 9,600,941 Net cash flow from operating activity 371,747 291,493 426,155 362,980 426,155 394,568 394,568 426,155 394,568 394,568 394,568 394,568 4,672,091 Cash flow from investment activity - - - - - - - - - - - - - Cash received - - - - - - - - - - - - - Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - Cash paid investment on operating and administration Total cash paid - - - - - - - - - - - - - - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - - 0 Cash paid
  • 127. 127 Cash flow from financing activity Cash received Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - 0 Cash paid for Dividend 0.00 - - - - - - - - - - - 0.00 Total cash paid 0.00 - - - - - - - - - - - 0.00 Net cash flow from Financing activity 0.00 - - - - - - - - - - - 0.00 Net increase/ decrease in cash 371,747 291,493 426,155 362,980 426,155 394,568 394,568 426,155 394,568 394,568 394,568 394,568 4,672,091 Beginning cash 8,109,314 Ending cash 8,481,061 8,481,06 1 8,772,55 4 8,772,55 4 9,198,70 9 9,198,70 9 9,561,68 9 9,561,68 9 9,987,84 4 9,987,84 4 10,382,4 12 10,382,4 12 10,776,9 79 10,776,9 79 11,203,1 35 11,203,13 5 11,597,70 2 11,597,7 02 11,992,2 70 11,992,2 70 12,386,8 38 12,386,8 38 12,781,4 05 Cash paid 12,781,405
  • 128. 128 Kasalong Thai massage Cash flow 31 decemder,2016 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,218,375 1,128,12 5 22,821.0 3 1,150,94 6 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 1,218,37 5 22,821.0 3 1,241,19 6 1,128,12 5 22,821.0 3 1,150,94 6 1,218,37 5 22,821.0 3 1,241,19 6 1,218,37 5 22,821.0 3 1,241,19 6 1,128,12 5 22,821.0 3 1,150,94 6 1,218,37 5 22,821.0 3 1,241,19 6 1,173,25 0 22,821.0 3 1,196,07 1 1,173,25 0 22,821.0 3 1,196,07 1 14,169,250 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received 1,218,375 251,031.37 14,420,281 Cash paid Cash paid for cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 172,857.48 Total cash paid 815,041 145,782. 48 787,966 159,319. 98 801,503 159,319. 98 801,503 172,857. 48 815,041 145,782. 48 787,966 172,857. 48 815,041 172,857. 48 815,041 145,782. 48 787,966 172,857. 48 815,041 159,319. 98 801,503 159,319. 98 801,503 1,938,914.7 2 1,196,071 Net cash flow from operating activity 403,334 362,980 394,568 394,568 426,155 362,980 426,155 426,155 362,980 426,155 394,568 394,568 4,775,166 Cash flow from investment activity - - - - - - - - - - - - - Cash received - - - - - - - - - - - - - Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - Cash paid investment on operating and administration Total cash paid - - - - - - - - - - - - - - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - 0 0 Cash paid
  • 129. 129 Cash flow from financing activity Cash received Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - 0 0 Cash paid for Dividend 0.00 - - - - - - - - - - 0.00 Total cash paid 0.00 - - - - - - - - - - Net cash flow from Financing activity 0.00 - - - - - - - - - - Net increase/ decrease in cash 403,334 362,980 394,568 394,568 426,155 362,980 426,155 426,155 362,980 426,155 394,568 Beginning cash 12,781,405 Ending cash 13,184,739 13,184,7 39 13,547,7 19 13,547,7 19 13,942,2 87 13,942,2 87 14,336,8 55 14,336,8 55 14,763,0 10 14,763,0 10 15,125,9 90 15,125,9 90 15,552,1 45 15,552,1 45 15,978,3 00 15,978,3 00 16,341,2 80 16,341,2 80 16,767,4 36 16,767,4 36 17,162,0 03 5,000,00 0 5,000,00 0 5,000,00 0 4,605,43 2 17,162,0 03 12,556,5 71 Cash paid 0.00 0.00 -224,834 12,556,571
  • 130. 130 Kasalong Thai massage Balance Sheet 31 decemder,2012 Balance Sheet Year 1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash -238,146 -180,633 -96,046 -11,458 73,130 157,717 242,727 327,315 411,903 496,913 554,425 639,436 Total Current Asset -238,146 -180,633 -96,046 -11,458 73,130 157,717 242,727 327,315 411,903 496,913 554,425 639,436 Operating and Admin fixed asset 5,300,335 Total Fixed asset 5,300,335 5,277,513.9 7 5,277,514 5,254,692.9 3 5,254,693 5,231,871.9 0 5,231,872 5,209,050.8 7 5,209,051 5,186,229.8 3 5,186,230 5,163,408.8 0 5,163,409 5,140,587.7 7 5,140,588 5,117,766.7 3 5,117,767 5,094,945.7 0 5,094,946 5,072,124.6 7 5,072,125 5,049,303.6 3 5,049,304 Total Asset 5,062,189 5,096,881 5,158,647 5,220,414 5,282,180 5,343,947 5,406,136 5,467,903 5,529,669 5,591,858 5,626,550 5,688,739 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 62,189.11 96,880.70 158,647.29 220,413.88 282,180.47 343,947.06 406,136.18 467,902.77 529,669.36 591,858.47 626,550.06 688,739.17 Owner Equity - - - - - - - - - - - - Total Equity 62,189.11 96,880.70 158,647.29 220,413.88 282,180.47 343,947.06 406,136.18 467,902.77 529,669.36 591,858.47 626,550.06 688,739.17 Total Liability & Equity 5,062,189.11 5,096,880.7 0 5,158,647.2 9 5,220,413.8 8 5,282,180.4 7 5,343,947.0 6 5,406,136.1 8 5,467,902.7 7 5,529,669.3 6 5,591,858.4 7 5,626,550.0 6 5,688,739.1 7 Asset Current Asset Fixed Asset Liability & Equity Liability Equity
  • 131. 131 Kasalong Thai massage Balance Sheet 31 decemder,2013 Fixed Asset Operating and Admin fixed asset 5,049,303.6 3 5,049,303.6 3 5,896,230.7 9 5,026,482.6 0 5,026,482.6 0 6,053,182.4 0 5,003,661.5 7 5,003,661.5 7 6,285,944.0 1 4,980,840.5 3 4,980,840.5 3 6,493,435.6 2 4,958,019.5 0 4,958,019.5 0 6,700,927.2 4 4,935,198.4 7 4,935,198.4 7 6,908,418.8 5 4,912,377.4 3 4,912,377.4 3 7,141,180.4 6 4,889,556.4 0 4,889,556.4 0 7,348,672.0 8 4,866,735.3 7 4,866,735.3 7 7,556,163.6 9 4,843,914.3 3 4,843,914.3 3 7,763,655.3 0 4,821,093.3 0 4,821,093.3 0 7,971,146.9 2 4,798,272.2 7 4,798,272.2 7 8,203,908.5 3 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 896,230.79 Owner Equity - 1,053,182.4 0 - 1,285,944.0 1 - 1,493,435.6 2 - 1,700,927.2 4 - 1,908,418.8 5 - 2,141,180.4 6 - 2,348,672.0 8 - 2,556,163.6 9 - 2,763,655.3 0 - 2,971,146.9 2 - 3,203,908.5 3 - Total Equity 896,230.79 Total Liability & Equity 5,896,230.7 9 1,053,182.4 0 6,053,182.4 0 1,285,944.0 1 6,285,944.0 1 1,493,435.6 2 6,493,435.6 2 1,700,927.2 4 6,700,927.2 4 1,908,418.8 5 6,908,418.8 5 2,141,180.4 6 7,141,180.4 6 2,348,672.0 8 7,348,672.0 8 2,556,163.6 9 7,556,163.6 9 2,763,655.3 0 7,763,655.3 0 2,971,146.9 2 7,971,146.9 2 3,203,908.5 3 8,203,908.5 3 Total Fixed asset Total Asset Liability & Equity Liability Equity
  • 132. 132 Kasalong Thai massage Balance Sheet 31 decemder,2014 Balance Sheet Year 3 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 3,777,383 4,068,876 4,495,031 4,889,598 5,284,166 5,678,734 6,073,301 6,499,456 6,894,024 7,288,592 7,683,159 8,109,314 Total Current Asset 3,777,383 4,068,876 4,495,031 4,889,598 5,284,166 5,678,734 6,073,301 6,499,456 6,894,024 7,288,592 7,683,159 8,109,314 4,798,272.2 7 4,798,272.2 7 8,575,655.1 4 4,775,451. 23 4,775,451. 23 8,844,326. 75 4,752,630. 20 4,752,630. 20 9,247,660. 87 4,729,809. 17 4,729,809. 17 9,619,407. 48 4,706,988. 13 4,706,988. 13 9,991,154. 09 4,684,167.1 0 4,684,167.1 0 10,362,900. 71 4,661,346.07 4,638,525.03 4,615,704.00 4,570,061.93 4,661,346.07 4,638,525.03 4,615,704.00 10,734,647.32 11,137,981.4 3 11,509,728.0 5 4,592,882.9 7 4,592,882.9 7 11,881,474. 66 12,253,221.2 7 4,547,240.9 0 4,547,240.9 0 12,656,555. 38 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 3,575,655.1 4 - 3,844,326. 75 - 4,247,660. 87 - 4,619,407. 48 - 4,991,154. 09 - 5,362,900.7 1 - 5,734,647.32 6,137,981.43 6,509,728.05 7,253,221.27 - - - 6,881,474.6 6 - 7,656,555.3 8 - 3,575,655.1 4 8,575,655.1 4 3,844,326. 75 8,844,326. 75 4,247,660. 87 9,247,660. 87 4,619,407. 48 9,619,407. 48 4,991,154. 09 9,991,154. 09 5,362,900.7 1 10,362,900. 71 5,734,647.32 6,137,981.43 6,509,728.05 7,253,221.27 10,734,647.32 11,137,981.4 3 11,509,728.0 5 6,881,474.6 6 11,881,474. 66 Asset Current Asset Fixed Asset Operating and Admin fixed asset Total Fixed asset Total Asset 4,570,061.93 Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity - 12,253,221.2 7 7,656,555.3 8 12,656,555. 38
  • 133. 133 Kasalong Thai massage Balance Sheet 31 decemder,2015 Balance Sheet Year 4 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 8,481,061 8,772,554 9,198,709 9,561,689 9,987,844 10,382,412 10,776,979 11,203,135 11,597,702 11,992,270 12,386,838 12,781,405 Total Current Asset 8,481,061 8,772,554 9,198,709 9,561,689 9,987,844 10,382,412 10,776,979 11,203,135 11,597,702 11,992,270 12,386,838 12,781,405 Operating and Admin fixed asset Total Fixed asset 4,547,240.90 Total Asset 13,028,302.00 4,524,419.8 7 4,524,419.8 7 13,296,973. 61 4,501,598.8 3 4,501,598.8 3 13,700,307. 72 4,478,777.8 0 4,478,777.8 0 14,040,466. 84 4,455,956.7 7 4,455,956.7 7 14,443,800. 95 4,433,135.7 3 4,433,135.7 3 14,815,547. 56 4,410,314.7 0 4,410,314.7 0 15,187,294. 18 4,387,493. 67 4,387,493. 67 15,590,628 .29 4,364,672.6 3 4,364,672.6 3 15,962,374. 90 4,341,851.6 0 4,341,851.6 0 16,334,121. 51 4,319,030. 57 4,319,030. 57 16,705,868 .13 4,296,209.5 3 4,296,209.5 3 17,077,614. 74 Asset Current Asset Fixed Asset 4,547,240.90 Liability & Equity Liability Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 8,028,302.00 Owner Equity - 8,296,973.6 1 - 8,700,307.7 2 - 9,040,466.8 4 - 9,443,800.9 5 - 9,815,547.5 6 - 10,187,294. 18 - 10,590,628 .29 - 10,962,374. 90 - 11,334,121. 51 - 11,705,868 .13 - 12,077,614. 74 - Total Equity 8,028,302.00 Total Liability & Equity 13,028,302.00 8,296,973.6 1 13,296,973. 61 8,700,307.7 2 13,700,307. 72 9,040,466.8 4 14,040,466. 84 9,443,800.9 5 14,443,800. 95 9,815,547.5 6 14,815,547. 56 10,187,294. 18 15,187,294. 18 10,590,628 .29 15,590,628 .29 10,962,374. 90 15,962,374. 90 11,334,121. 51 16,334,121. 51 11,705,868 .13 16,705,868 .13 12,077,614. 74 17,077,614. 74 Equity
  • 134. 134 Kasalong Thai massage Balance Sheet 31 decemder,2016 Balance Sheet Year 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 13,184,739 13,547,719 13,942,287 14,336,855 14,763,010 15,125,990 15,552,145 15,978,300 16,341,280 16,767,436 17,162,003 12,556,571 Total Current Asset 13,184,739 13,547,719 13,942,287 14,336,855 14,763,010 15,125,990 15,552,145 15,978,300 16,341,280 16,767,436 17,162,003 12,556,571 Operating and Admin fixed asset 4,296,210 4,273,388.50 Total Fixed asset 4,296,210 4,273,389 4,250,567.4 7 4,250,567 4,227,746.4 3 4,227,746 4,204,925.4 0 4,204,925 4,182,104.3 7 4,182,104 4,159,283.3 3 4,159,283 4,136,462.3 0 4,136,462 4,113,641.2 7 4,113,641 4,090,820.2 3 4,090,820 4,067,999.2 0 4,067,999 4,045,178.1 7 4,045,178 Total Asset 17,480,949 17,821,108 18,192,855 18,564,601 18,967,935 19,308,094 19,711,429 20,114,763 20,454,922 20,858,256 21,230,002 16,601,749 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 12,480,948. 85 - 12,821,107.9 7 - 13,192,854. 58 - 13,564,601. 19 - 13,967,935. 31 - 14,308,094. 42 - 14,711,428. 53 - 15,114,762. 64 - 15,454,921. 76 - 15,858,255. 87 - 16,230,002. 48 - 16,601,749. 10 - 12,480,948. 85 17,480,948. 85 12,821,107.9 7 17,821,107.9 7 13,192,854. 58 18,192,854. 58 13,564,601. 19 18,564,601. 19 13,967,935. 31 18,967,935. 31 14,308,094. 42 19,308,094. 42 14,711,428. 53 19,711,428. 53 15,114,762. 64 20,114,762. 64 15,454,921. 76 20,454,921. 76 15,858,255. 87 20,858,255. 87 16,230,002. 48 21,230,002. 48 16,601,749. 10 16,601,749. 10 Asset Current Asset Fixed Asset Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 135. 135 Kasalong Thai massage Income Statement 31 decemder,2012 decrease 10 % JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 692,550 641,250 666,900 666,900 666,900 666,900 692,550 666,900 666,900 692,550 641,250 692,550 8,054,100 Cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 611,750 560,450 586,100 586,100 586,100 586,100 611,750 586,100 586,100 611,750 560,450 611,750 7,084,500 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,537 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 273,852.4 0 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 50,367 -933 24,717 24,717 24,717 24,717 50,367 24,717 24,717 50,367 -933 50,367 347,899 Tax Expense 30% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Net income (loss) for the year 50,366.59 -933.41 24,716.59 24,716.59 24,716.59 24,716.59 50,366.59 24,716.59 24,716.59 50,366.59 -933.41 50,366.59 Retain Earning 50,366.59 49,433.18 74,149.77 98,866.36 123,582.9 5 148,299.54 198,666.1 3 223,382.72 248,099.31 298,465.9 0 297,532.4 9 347,899.08 347,899.0 8 347,899.0 8 Revenue Operating Expense
  • 136. 136 Kasalong Thai massage Income Statement 31 decemder,2013 Year 2 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 889,200 820,800 923,400 889,200 889,200 889,200 923,400 889,200 889,200 889,200 889,200 923,400 10,704,600 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 808,400 740,000 842,600 808,400 808,400 808,400 842,600 808,400 808,400 808,400 808,400 842,600 9,735,000 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 22,821.0 3 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 247,017 178,617 281,217 247,017 247,017 247,017 281,217 247,017 247,017 247,017 247,017 281,217 2,998,399 Tax Expense 30% 74,104.98 84,364.98 74,104.98 74,104.98 74,104.98 84,364.98 74,104.98 74,104.98 74,104.98 74,104.98 84,364.98 899,519.72 Net income (loss) for the year 172,911.6 1 520,810.6 9 53,584.9 8 125,031. 61 645,842. 31 196,851.6 1 842,693.9 2 172,911.61 172,911.6 1 1,188,517. 15 172,911.6 1 1,361,428. 76 196,851.61 172,911.6 1 1,731,191. 98 172,911.6 1 1,904,103. 60 172,911.61 172,911.61 196,851.61 2,077,015. 21 2,249,926. 82 2,446,778. 44 2,098,879.3 6 2,446,778.4 4 Revenue Operating Expense Retain Earning 1,015,605.5 3 1,558,280. 37
  • 137. 137 Kasalong Thai massage Income Statement 31 decemder,2014 Year 3 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,111,500 972,000 1,154,250 1,111,500 1,111,500 1,111,500 1,111,500 1,154,250 1,111,500 1,111,500 1,111,500 1,154,250 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 13,326,75 0 969,600 Gross Income 1,030,700 891,200 1,073,450 1,030,700 1,030,700 1,030,700 1,030,700 1,073,450 1,030,700 1,030,700 1,030,700 1,073,450 12,357,15 0 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 273,852.4 0 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 469,317 329,817 512,067 469,317 469,317 469,317 469,317 512,067 469,317 469,317 469,317 512,067 5,620,549 Tax Expense 30% 140,794.9 8 328,521.6 1 2,775,300. 05 98,944.98 153,619.98 140,794.98 140,794.98 140,794.98 358,446.61 328,521.61 328,521.61 328,521.61 3,006,171. 66 3,364,618. 28 4,021,661. 50 4,350,183.1 1 4,678,704. 73 153,619.9 8 358,446.6 1 5,037,151. 34 140,794.9 8 328,521.6 1 5,365,672. 95 140,794.9 8 328,521.6 1 5,694,194. 57 140,794.98 230,871.61 140,794.9 8 328,521.6 1 3,693,139. 89 153,619.9 8 358,446.6 1 6,381,162. 79 1,686,164. 72 3,934,384. 36 6,381,162. 79 Revenue Operating Expense Net income (loss) for the year Retain Earning 328,521.61 6,022,716. 18
  • 138. 138 Kasalong Thai massage Income Statement 31 decemder,2015 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,111,500 972,000 1,154,250 1,068,750 1,154,250 1,111,500 1,111,500 1,154,250 1,111,500 1,111,500 1,111,500 1,111,500 13,284,000 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 1,030,700 891,200 1,073,450 987,950 1,073,450 1,030,700 1,030,700 1,073,450 1,030,700 1,030,700 1,030,700 1,030,700 12,314,400 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 469,317 329,817 512,067 426,567 512,067 469,317 469,317 512,067 469,317 469,317 469,317 469,317 5,577,799 Tax Expense 30% 140,794.9 8 328,521.6 1 6,709,684 .41 98,944.98 153,619.98 127,969.98 358,446.61 298,596.61 7,299,002. 63 7,597,599. 24 140,794.9 8 328,521.6 1 8,284,567 .47 140,794.9 8 328,521.6 1 8,613,089 .08 153,619.9 8 358,446.6 1 8,971,535 .70 140,794.9 8 328,521.6 1 9,300,057 .31 140,794.9 8 328,521.6 1 9,628,578 .92 140,794.9 8 328,521.6 1 9,957,100 .54 140,794.98 230,871.6 1 6,940,556 .02 153,619.9 8 358,446.6 1 7,956,045. 86 1,673,339. 72 3,904,459. 36 10,285,622 .15 Revenue Operating Expense Net income (loss) for the year Retain Earning 328,521.61 10,285,622 .15
  • 139. 139 Kasalong Thai massage Income Statement 31 decemder,2016 Year 5 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,154,250 1,068,750 1,111,500 1,111,500 1,154,250 1,068,750 1,154,250 1,154,250 1,068,750 1,154,250 1,111,500 1,111,500 13,423,500 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 1,073,450 987,950 1,030,700 1,030,700 1,073,450 987,950 1,073,450 1,073,450 987,950 1,073,450 1,030,700 1,030,700 12,453,900 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 512,067 426,567 469,317 469,317 512,067 426,567 512,067 512,067 426,567 512,067 469,317 469,317 5,717,299 Tax Expense 30% 153,619.9 8 358,446.6 1 10,644,06 8.76 127,969.98 140,794.98 140,794.98 153,619.98 127,969.98 153,619.98 153,619.98 328,521.61 328,521.61 358,446.61 298,596.61 358,446.61 358,446.61 10,942,665. 37 11,271,186 .99 11,599,708 .60 11,958,155 .21 12,256,751 .83 12,615,198. 44 12,973,645 .05 153,619.9 8 358,446.6 1 13,630,68 8.28 140,794.98 298,596.61 127,969.9 8 298,596.6 1 13,272,24 1.67 140,794.9 8 328,521.6 1 14,287,73 1.50 1,715,189. 72 4,002,109. 36 14,287,731 .50 Revenue Operating Expense Net income (loss) for the year Retain Earning 328,521.61 13,959,209 .89
  • 140. 140 Kasalong Thai massage Cash Flow 31 decemder,2012 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 692,550 641,250 666,900 666,900 666,900 666,900 692,550 666,900 666,900 692,550 641,250 692,550 8,054,100 22,821.03 22,821.0 3 689,721 22,821.0 3 689,721 22,821.0 3 715,371 22,821.0 3 689,721 22,821.0 3 689,721 22,821.0 3 715,371 22,821.0 3 664,071 251,031.37 689,721 22,821.0 3 689,721 22,821.03 692,550 22,821.0 3 664,071 715,371 8,305,131 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total cash paid 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 7,706,201 Net cash flow from operating activity 50,367 21,888 47,538 47,538 47,538 47,538 73,188 47,538 47,538 73,188 21,888 73,188 598,930 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received Cash paid Cash flow from investment activity Cash received Cash received from sale Total cash received 0 Cash paid Cash paid investment on operating and administration Total cash paid 5,300,33 5 5,300,33 5 5,300,335 5,300,335
  • 141. 141 5,300,33 5 -5,300,335 5,000,00 0 5,000,00 0 5,000,000 Total cash paid 0 0 Net cash flow from Financing activity 5,000,00 0 -249,968 5,000,000 Net cash flow from investment activity Cash flow from financing activity Cash received Borrowing cash Total cash received 5,000,000 Cash paid Cash paid for interest Net increase/ decrease in cash Ending cash -249,968 47,538 47,538 47,538 47,538 73,188 47,538 47,538 73,188 21,888 73,188 -249,968 Beginning cash 21,888 -228,081 -180,543 -133,006 -85,468 -37,930 35,257 82,795 130,333 203,520 225,408 -228,081 -180,543 -133,006 -85,468 -37,930 35,257 82,795 130,333 203,520 225,408 298,595 298,595
  • 142. 142 Kasalong Thai massage Cash Flow 31 decemder,2013 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 889,200 820,800 923,400 889,200 889,200 889,200 923,400 889,200 889,200 889,200 889,200 923,400 10,704,600 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 251,031.37 889,200.0 0 843,621.0 3 946,221.0 3 912,021.0 3 912,021.0 3 912,021.0 3 946,221.0 3 912,021.0 3 912,021.0 3 912,021.0 3 912,021.0 3 946,221.0 3 10,955,631 .37 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 74,104.98 53,584.98 84,364.98 74,104.98 74,104.98 74,104.98 84,364.98 74,104.98 74,104.98 74,104.98 74,104.98 84,364.98 899,519.72 Total cash paid 716,288 695,768 726,548 716,288 716,288 716,288 726,548 716,288 716,288 716,288 716,288 726,548 8,605,721 Net cash flow from operating activity 172,911.6 1 147,852.6 5 219,672.6 5 195,732.6 5 195,732.6 5 195,732.6 5 219,672.6 5 195,732.6 5 195,732.6 5 195,732.6 5 195,732.6 5 219,672.6 5 2,349,910. 72 - - - - - - - - - - - - - - - - - - - - - - - - Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received Cash paid Cash flow from investment activity Cash received Cash received from sale Total cash received Cash paid Cash paid investment on operating and administration Total cash paid
  • 143. 143 0 - - - - - - - - - - - - Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - - Cash paid for interest 0.00 - - - - - - - - - - - - Total cash paid 0.00 - - - - - - - - - - - - Net cash flow from Financing activity 0 - - - - - - - - - - - - Net increase/ decrease in cash 172,911.6 1 298,595 147,852.6 5 471,507.0 6 619,359.7 1 219,672.6 5 619,359.7 1 839,032.3 5 195,732.6 5 839,032.3 5 1,034,765. 00 195,732.6 5 1,034,765 .00 1,230,497 .65 195,732.6 5 1,230,497 .65 1,426,230 .29 219,672.6 5 1,426,230. 29 1,645,902. 94 195,732.6 5 1,645,902. 94 1,841,635. 58 195,732.6 5 1,841,635 .58 2,037,368 .23 195,732.6 5 2,037,368 .23 2,233,100 .88 195,732.6 5 2,233,100. 88 2,428,833. 52 219,672.6 5 2,428,833 .52 2,648,506 .17 2,648,506. 17 Net cash flow from investment activity Cash flow from financing activity Cash received Cash paid Beginning cash Ending cash 471,507.0 6
  • 144. 144 Kasalong Thai massage Cash Flow 31 decemder,2014 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,111,500 972,000 1,154,25 0 22,821.0 3 1,177,07 1 1,111,500 1,111,500 22,821.03 1,134,321 1,134,321 1,111,50 0 22,821.0 3 1,134,32 1 1,154,25 0 22,821.0 3 1,177,07 1 1,111,50 0 22,821.0 3 1,134,32 1 1,111,50 0 22,821.0 3 1,134,32 1 1,111,50 0 22,821.0 3 1,134,32 1 1,154,25 0 22,821.0 3 1,177,07 1 13,326,750 22,821.03 1,111,50 0 22,821.0 3 1,134,32 1 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation 22,821.03 251,031.37 1,111,500 994,821 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 140,794.98 98,944.98 Total cash paid 782,978 741,128 153,619. 98 795,803 140,794.9 8 782,978 140,794.9 8 782,978 140,794. 98 782,978 140,794. 98 782,978 153,619. 98 795,803 140,794. 98 782,978 140,794. 98 782,978 140,794. 98 782,978 153,619. 98 795,803 1,686,164.7 2 9,392,366 Net cash flow from operating activity 328,522 253,693 381,268 351,343 351,343 351,343 351,343 381,268 351,343 351,343 351,343 381,268 4,185,416 Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Total cash received 13,577,781 Cash paid Cash flow from investment activity Cash received Cash paid Cash paid investment on operating and administration Total cash paid
  • 145. 145 0 - - - - - - - - - - - 0 Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - 0 Cash paid for interest 0.00 - - - - - - - - - - - 0.00 Total cash paid 0.00 - - - - - - - - - - - 0.00 Net cash flow from Financing activity 0.00 - - - - - - - - - - - 0.00 Net increase/ decrease in cash 328,522 253,693 381,268 351,343 351,343 351,343 351,343 381,268 351,343 351,343 351,343 381,268 4,185,416 Beginning cash 2,648,506.1 7 2,977,028 2,977,028 3,230,72 0 3,611,98 8 3,611,988 3,963,331 3,963,331 4,314,673 4,314,67 3 4,666,01 6 4,666,01 6 5,017,35 9 5,017,35 9 5,398,62 6 5,398,62 6 5,749,96 9 5,749,96 9 6,101,31 2 6,101,31 2 6,452,65 4 6,452,65 4 6,833,92 2 Net cash flow from investment activity Cash flow from financing activity Cash received Cash paid Ending cash 3,230,720 6,833,922
  • 146. 146 Kasalong Thai massage Cash Flow 31 decemder,2015 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,111,500 972,000 1,154,25 0 22,821.0 3 1,177,07 1 1,068,75 0 22,821.0 3 1,091,57 1 1,154,25 0 22,821.0 3 1,177,07 1 1,111,50 0 22,821.0 3 1,134,32 1 1,111,50 0 22,821.0 3 1,134,32 1 1,154,250 1,111,50 0 22,821.0 3 1,134,32 1 1,111,50 0 22,821.0 3 1,134,32 1 1,111,500 1,111,50 0 22,821.0 3 1,134,32 1 13,284,000 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation 22,821.03 22,821.03 1,134,321 251,031.37 1,111,500 994,821 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 140,794.98 98,944.98 Total cash paid 782,978 741,128 153,619. 98 795,803 127,969. 98 770,153 153,619. 98 795,803 140,794. 98 782,978 140,794. 98 782,978 153,619.9 8 795,803 140,794. 98 782,978 140,794. 98 782,978 140,794.9 8 782,978 140,794. 98 782,978 1,673,339.7 2 9,379,541 Net cash flow from operating activity 328,522 253,693 381,268 321,418 381,268 351,343 351,343 381,268 351,343 351,343 351,343 351,343 4,155,491 Cash flow from investment activity - - - - - - - - - - - - - Cash received - - - - - - - - - - - - - Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - Cash paid investment on operating and administration Total cash paid - - - - - - - - - - - - - - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - - 0 Total cash received 1,177,071 22,821.03 13,535,031 Cash paid Cash paid
  • 147. 147 Cash flow from financing activity Cash received Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - 0 Cash paid for interest 0.00 - - - - - - - - - - - 0.00 Total cash paid 0.00 - - - - - - - - - - - 0.00 Net cash flow from Financing activity 0.00 - - - - - - - - - - - 0.00 Net increase/ decrease in cash 328,522 253,693 381,268 321,418 381,268 351,343 351,343 381,268 351,343 351,343 351,343 351,343 4,155,491 Beginning cash 6,833,922 7,162,444 7,162,444 7,416,136 7,797,40 4 8,118,82 1 8,118,82 1 8,500,08 9 8,500,08 9 8,851,43 2 8,851,43 2 9,202,77 4 9,202,774 Ending cash 7,416,13 6 7,797,40 4 9,584,04 2 9,935,38 5 9,935,38 5 10,286,7 27 10,286,72 7 10,638,07 0 10,638,0 70 10,989,4 13 Cash paid 9,584,042 10,989,413
  • 148. 148 Kasalong Thai massage Cash Flow 31 decemder,2016 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,154,250 1,068,75 0 22,821.0 3 1,091,57 1 1,111,50 0 22,821.0 3 1,134,32 1 1,111,50 0 22,821.0 3 1,134,32 1 1,154,25 0 22,821.0 3 1,177,07 1 1,068,75 0 22,821.0 3 1,091,57 1 1,154,25 0 22,821.0 3 1,177,07 1 1,154,25 0 22,821.0 3 1,177,07 1 1,068,75 0 22,821.0 3 1,091,57 1 1,154,25 0 22,821.0 3 1,177,07 1 1,111,500 1,111,50 0 22,821.0 3 1,134,32 1 13,423,500 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received 1,154,250 22,821.03 1,134,321 251,031.37 13,674,531 Cash paid Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 153,619.98 Total cash paid 795,803 127,969. 98 770,153 140,794. 98 782,978 140,794. 98 782,978 153,619. 98 795,803 127,969. 98 770,153 153,619. 98 795,803 153,619. 98 795,803 127,969. 98 770,153 153,619. 98 795,803 140,794.9 8 782,978 140,794. 98 782,978 1,715,189.7 2 9,421,391 Net cash flow from operating activity 358,447 321,418 351,343 351,343 381,268 321,418 381,268 381,268 321,418 381,268 351,343 351,343 4,253,141 Cash flow from investment activity - - - - - - - - - - - - - Cash received - - - - - - - - - - - - - Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - - - - - - - - - - - - - - Cash paid Cash paid investment on operating and administration
  • 149. 149 Total cash paid - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - 0 0 Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - 0 0 Cash paid for interest 0.00 - - - - - - - - - - 0.00 Total cash paid 0.00 - - - - - - - - - - Net cash flow from Financing activity 0.00 - - - - - - - - - - Net increase/ decrease in cash 358,447 321,418 351,343 351,343 381,268 321,418 381,268 381,268 321,418 381,268 351,343 Beginning cash 10,989,413 Ending cash 11,347,859 11,347,8 59 11,669,2 77 11,669,2 77 12,020,6 20 12,020,6 20 12,371,9 62 12,371,9 62 12,753,2 30 12,753,2 30 13,074,6 47 13,074,6 47 13,455,9 15 13,455,9 15 13,837,1 83 13,837,1 83 14,158,6 00 14,158,6 00 14,539,8 68 14,539,86 8 14,891,21 1 5,000,00 0 5,000,00 0 5,000,00 0 4,648,65 7 14,891,2 11 10,242,5 53 Cash flow from financing activity Cash received Cash paid 0.00 0.00 -746,859 10,242,553
  • 150. 150 Kasalong Thai massage Balance Sheet 31 decemder,2012 Balance Sheet Year 1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash -249,968 -228,081 -180,543 -133,006 -85,468 -37,930 35,257 82,795 130,333 203,520 225,408 298,595 Total Current Asset -249,968 -228,081 -180,543 -133,006 -85,468 -37,930 35,257 82,795 130,333 203,520 225,408 298,595 Operating and Admin fixed asset 5,300,335 5,277,513.97 5,231,871.90 Total Fixed asset 5,300,335 5,277,514 5,254,692.9 3 5,254,693 5,231,872 5,209,050.8 7 5,209,051 5,186,229.8 3 5,186,230 5,163,408.8 0 5,163,409 5,140,587.7 7 5,140,588 5,117,766.7 3 5,117,767 5,094,945.7 0 5,094,946 5,072,124.6 7 5,072,125 5,049,303.6 3 5,049,304 Total Asset 5,050,367 5,049,433 5,074,150 5,098,866 5,123,583 5,148,300 5,198,666 5,223,383 5,248,099 5,298,466 5,297,532 5,347,899 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 50,366.59 49,433.18 74,149.77 98,866.36 123,582.95 148,299.54 198,666.13 223,382.72 248,099.31 298,465.90 297,532.49 347,899.08 Owner Equity - - - - - - - - - - - - Total Equity 50,366.59 49,433.18 74,149.77 98,866.36 123,582.95 148,299.54 198,666.13 223,382.72 248,099.31 298,465.90 297,532.49 347,899.08 Total Liability & Equity 5,050,366.5 9 5,049,433.18 5,074,149.7 7 5,098,866.36 5,123,582.9 5 5,148,299.5 4 5,198,666.1 3 5,223,382.7 2 5,248,099.3 1 5,298,465.9 0 5,297,532.4 9 5,347,899.0 8 Asset Current Asset Fixed Asset Liability & Equity Liability Equity
  • 151. 151 Kasalong Thai massage Balance Sheet 31 decemder,2013 Balance Sheet Year 2 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 471,507.06 619,359.71 839,032.35 Total Current Asset 471,507.06 619,359.71 839,032.35 1,034,765.0 0 1,034,765.0 0 1,230,497.6 5 1,230,497.6 5 1,426,230.2 9 1,426,230.2 9 1,645,902.9 4 1,645,902.9 4 1,841,635.5 8 1,841,635.5 8 2,037,368.2 3 2,037,368.2 3 2,233,100.8 8 2,233,100.8 8 2,428,833.5 2 2,428,833.5 2 2,648,506.1 7 2,648,506.1 7 Operating and Admin fixed asset 5,049,304 5,026,482.6 5,003,661.6 4,980,840.5 4,958,019.5 4,935,198.5 4,912,377.4 4,889,556.4 4,866,735.4 4,843,914.3 4,821,093.3 4,798,272.3 Total Fixed asset 5,049,304 5,026,483 5,003,662 4,980,841 4,958,020 4,935,198 4,912,377 4,889,556 4,866,735 4,843,914 4,821,093 4,798,272 Total Asset 5,520,810.69 5,645,842.3 1 5,842,693.9 2 6,015,605.5 3 6,188,517.1 5 6,361,428.7 6 6,558,280.3 7 6,731,191.9 8 6,904,103.6 0 7,077,015.2 1 7,249,926.8 2 7,446,778.4 4 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 520,810.69 645,842.31 842,693.92 Owner Equity - - - 1,015,605.5 3 - 1,188,517.1 5 - 1,361,428.7 6 - 1,558,280.3 7 - 1,731,191.9 8 - 1,904,103.6 0 - 2,077,015.2 1 - 2,249,926.8 2 - 2,446,778.4 4 - Total Equity 520,810.69 645,842.31 842,693.92 Total Liability & Equity 5,520,810.69 5,645,842.3 1 5,842,693.9 2 1,015,605.5 3 6,015,605.5 3 1,188,517.1 5 6,188,517.1 5 1,361,428.7 6 6,361,428.7 6 1,558,280.3 7 6,558,280.3 7 1,731,191.9 8 6,731,191.9 8 1,904,103.6 0 6,904,103.6 0 2,077,015.2 1 7,077,015.2 1 2,249,926.8 2 7,249,926.8 2 2,446,778.4 4 7,446,778.4 4 Asset Current Asset Fixed Asset Liability & Equity Liability Equity
  • 152. 152 Kasalong Thai massage Balance Sheet 31 decemder,2014 Balance Sheet Year 3 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 2,977,028 3,230,720 3,611,988 3,963,331 4,314,673 4,666,016 5,017,359 5,398,626 5,749,969 6,101,312 6,452,654 6,833,922 Total Current Asset 2,977,028 3,230,720 3,611,988 3,963,331 4,314,673 4,666,016 5,017,359 5,398,626 5,749,969 6,101,312 6,452,654 6,833,922 Operating and Admin fixed asset Total Fixed asset 4,798,272 4,752,630. 20 4,752,630 4,729,809. 17 4,729,809 4,706,988.1 3 4,706,988 4,684,167. 10 4,684,167 4,661,346.0 7 4,661,346 4,638,525.0 3 4,638,525 4,615,704.00 4,592,882.97 4,570,061.93 4,547,240.90 4,798,272 4,775,451. 23 4,775,451 4,615,704 4,592,883 4,570,062 4,547,241 Total Asset 7,775,300 8,006,172 8,364,618 8,693,140 9,021,662 9,350,183 9,678,705 10,037,151 10,365,673 10,694,195 11,022,716 11,381,163 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 2,775,300.0 5 - 3,006,171. 66 - 3,364,618. 28 - 3,693,139. 89 - 4,021,661.5 0 - 4,350,183. 11 - 4,678,704.7 3 - 5,037,151.3 4 - 5,365,672.95 5,694,194.57 6,022,716.18 6,381,162.79 - - - - 2,775,300.0 5 7,775,300.0 49 3,006,171. 66 8,006,171. 662 3,364,618. 28 8,364,618. 275 3,693,139. 89 8,693,139. 888 4,021,661.5 0 9,021,661.5 01 4,350,183. 11 9,350,183. 114 4,678,704.7 3 9,678,704.7 27 5,037,151.3 4 10,037,151. 340 5,365,672.95 5,694,194.57 6,022,716.18 6,381,162.79 10,365,672.9 53 10,694,194.5 66 11,022,716.1 79 11,381,162.7 92 Asset Current Asset Fixed Asset Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 153. 153 Kasalong Thai massage Balance Sheet 31 decemder,2015 Balance Sheet Year 4 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 7,162,444 7,416,136 7,797,404 8,118,821 8,500,089 8,851,432 9,202,774 9,584,042 9,935,385 10,286,727 10,638,070 10,989,413 Total Current Asset 7,162,444 7,416,136 7,797,404 8,118,821 8,500,089 8,851,432 9,202,774 9,584,042 9,935,385 10,286,727 10,638,070 10,989,413 Operating and Admin fixed asset 4,547,241 Total Fixed asset 4,547,240.90 Total Asset 11,709,684.4 1 4,524,419.8 7 4,524,419.8 7 11,940,556. 02 4,501,598.8 3 4,501,598.8 3 12,299,002. 63 4,478,777.8 0 4,478,777.8 0 12,597,599. 24 4,455,956.7 7 4,455,956.7 7 12,956,045. 86 4,433,135.7 3 4,433,135.7 3 13,284,567. 47 4,410,314.7 0 4,410,314.7 0 13,613,089. 08 4,387,493.6 7 4,387,493.6 7 13,971,535. 70 4,364,672.6 3 4,364,672.6 3 14,300,057. 31 4,341,851.6 0 4,341,851.6 0 14,628,578. 92 4,319,030.5 7 4,319,030.5 7 14,957,100. 54 4,296,209.5 3 4,296,209.5 3 15,285,622. 15 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 6,709,684.41 Owner Equity - 6,940,556.0 2 - 7,299,002.6 3 - 7,597,599.2 4 - 7,956,045.8 6 - 8,284,567.4 7 - 8,613,089.0 8 - 8,971,535.7 0 - 9,300,057.3 1 - 9,628,578.9 2 - 9,957,100.5 4 - 10,285,622. 15 - Total Equity 6,709,684.41 Total Liability & Equity 11,709,684.4 1 6,940,556.0 2 11,940,556. 02 7,299,002.6 3 12,299,002. 63 7,597,599.2 4 12,597,599. 24 7,956,045.8 6 12,956,045. 86 8,284,567.4 7 13,284,567. 47 8,613,089.0 8 13,613,089. 08 8,971,535.7 0 13,971,535. 70 9,300,057.3 1 14,300,057. 31 9,628,578.9 2 14,628,578. 92 9,957,100.5 4 14,957,100. 54 10,285,622. 15 15,285,622. 15 Asset Current Asset Fixed Asset Liability & Equity Liability Equity
  • 154. 154 Kasalong Thai massage Balance Sheet 31 decemder,2016 Balance Sheet Year 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 11,347,859 11,669,277 12,020,620 12,371,962 12,753,230 13,074,647 13,455,915 13,837,183 14,158,600 14,539,868 14,891,211 10,242,553 Total Current Asset 11,347,859 11,669,277 12,020,620 12,371,962 12,753,230 13,074,647 13,455,915 13,837,183 14,158,600 14,539,868 14,891,211 10,242,553 4,296,209.5 3 4,296,209.5 3 15,644,068. 76 4,273,388.5 0 4,273,388.5 0 15,942,665. 37 4,250,567.4 7 4,250,567.4 7 16,271,186. 99 4,227,746.4 3 4,227,746.4 3 16,599,708. 60 4,204,925.4 0 4,204,925.4 0 16,958,155. 21 4,182,104.3 7 4,182,104.3 7 17,256,751. 83 4,159,283.3 3 4,159,283.3 3 17,615,198. 44 4,136,462.3 0 4,136,462.3 0 17,973,645. 05 4,113,641.2 7 4,113,641.2 7 18,272,241. 67 4,090,820.2 3 4,090,820.2 3 18,630,688. 28 4,067,999.2 0 4,067,999.2 0 18,959,209. 89 4,045,178.1 7 4,045,178.1 7 14,287,731. 50 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 10,644,068. 76 - 10,942,665. 37 - 11,271,186. 99 - 11,599,708. 60 - 11,958,155. 21 - 12,256,751. 83 - 12,615,198. 44 - 12,973,645. 05 - 13,272,241. 67 - 13,630,688. 28 - 13,959,209. 89 - 14,287,731. 50 - 10,644,068. 76 15,644,068. 76 10,942,665. 37 15,942,665. 37 11,271,186. 99 16,271,186. 99 11,599,708. 60 16,599,708. 60 11,958,155. 21 16,958,155. 21 12,256,751. 83 17,256,751. 83 12,615,198. 44 17,615,198. 44 12,973,645. 05 17,973,645. 05 13,272,241. 67 18,272,241. 67 13,630,688. 28 18,630,688. 28 13,959,209. 89 18,959,209. 89 14,287,731. 50 14,287,731. 50 Asset Current Asset Fixed Asset Operating and Admin fixed asset Total Fixed asset Total Asset Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 155. 155 Kasalong Thai massage Income Statement 31 decemder,2012 decrease 15% JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 654,075 605,625 629,850 629,850 629,850 629,850 654,075 629,850 629,850 654,075 605,625 654,075 7,606,650 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 573,275 524,825 549,050 549,050 549,050 549,050 573,275 549,050 549,050 573,275 524,825 573,275 6,637,050 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,537 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 273,852.4 0 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 11,892 -36,558 -12,333 -12,333 -12,333 -12,333 11,892 -12,333 -12,333 11,892 -36,558 11,892 -99,551 Tax Expense 30% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Net income (loss) for the year 11,891.59 -36,558.41 -12,333.41 -12,333.41 -12,333.41 11,891.59 -12,333.41 -12,333.41 11,891.59 11,891.59 -24,666.82 -37,000.23 -49,333.64 -61,667.05 -62,108.87 -74,442.28 -86,775.69 -74,884.10 36,558.41 111,442.5 1 11,891.59 Retain Earning 12,333.41 74,000.46 99,550.92 99,550.92 Revenue Operating Expense -99,550.92
  • 156. 156 Kasalong Thai massage Income Statement 31 decemder,2013 Year 2 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 839,800 775,200 872,100 839,800 839,800 839,800 872,100 839,800 839,800 839,800 839,800 872,100 10,109,900 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 759,000 694,400 791,300 759,000 759,000 759,000 791,300 759,000 759,000 759,000 759,000 791,300 9,140,300 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 197,617 133,017 229,917 197,617 197,617 197,617 229,917 197,617 197,617 197,617 197,617 229,917 2,403,699 Tax Expense 30% 59,284.98 39,904.98 68,974.98 59,284.98 59,284.98 59,284.98 68,974.98 59,284.98 59,284.98 59,284.98 59,284.98 68,974.98 721,109.72 Net income (loss) for the year 138,331.6 1 38,780.69 93,111.61 160,941.6 1 292,833.9 2 138,331.6 1 431,165.5 3 138,331.6 1 569,497.1 5 138,331.61 160,941.6 1 868,770.3 7 138,331.61 138,331.61 138,331.61 160,941.61 1,007,101. 98 1,145,433.6 0 1,283,765. 21 138,331.6 1 1,422,096. 82 1,682,589.3 6 1,583,038.4 4 Revenue Operating Expense Retain Earning 131,892.3 1 707,828.76 1,583,038. 44
  • 157. 157 Kasalong Thai massage Income Statement 31 decemder,2014 Year 3 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,049,750 918,000 1,090,125 1,049,750 1,049,750 1,049,750 1,049,750 1,090,125 1,049,750 1,049,750 1,049,750 1,090,125 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 12,586,37 5 969,600 Gross Income 968,950 837,200 1,009,325 968,950 968,950 968,950 968,950 1,009,325 968,950 968,950 968,950 1,009,325 11,616,77 5 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 273,852.4 0 134,064 Total Operating Expense 561,383 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 6,987,632 Income before interest & tax 407,567 252,996 425,121 384,746 384,746 384,746 384,746 425,121 384,746 384,746 384,746 425,121 4,629,143 Tax Expense 30% 122,269.98 75,898.67 127,536.17 115,423.67 127,536.17 115,423.67 177,096.89 297,584.39 269,321.89 297,584.39 269,321.89 Retain Earning 1,868,335. 05 2,045,431. 94 2,343,016. 33 3,420,303. 89 3,717,888. 28 3,987,210. 17 115,423.6 7 269,321.8 9 4,256,532. 06 115,423.67 285,296.61 115,423.6 7 269,321.8 9 3,150,982. 00 115,423.67 Net income (loss) for the year 115,423.6 7 269,321.8 9 2,612,338. 22 127,536.1 7 297,584.3 9 4,823,438. 34 1,388,742. 81 3,240,399. 90 4,823,438. 34 Revenue Operating Expense 269,321.89 2,881,660. 11 269,321.89 4,525,853. 95
  • 158. 158 Kasalong Thai massage Income Statement 31 decemder,2015 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,049,750 918,000 1,090,125 1,009,375 1,090,125 1,049,750 1,049,750 1,090,125 1,049,750 1,049,750 1,049,750 1,049,750 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 12,546,00 0 969,600 Gross Income 968,950 837,200 1,009,325 928,575 1,009,325 968,950 968,950 1,009,325 968,950 968,950 968,950 968,950 11,576,40 0 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 273,852.4 0 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 407,567 275,817 447,942 367,192 447,942 407,567 407,567 447,942 407,567 407,567 407,567 407,567 4,839,799 Tax Expense 30% 122,269.9 8 285,296.6 1 5,108,734 .95 82,744.98 134,382.4 8 313,559.1 1 5,615,365 .67 110,157.4 8 257,034.1 1 5,872,399. 79 134,382.4 8 313,559.1 1 6,185,958 .90 122,269.9 8 285,296.6 1 6,471,255. 51 122,269.9 8 285,296.6 1 6,756,552. 13 134,382.4 8 313,559.1 1 7,070,111 .24 122,269.9 8 285,296.6 1 7,355,407. 85 122,269.9 8 285,296.6 1 7,640,704 .47 122,269.9 8 285,296.6 1 7,926,001. 08 122,269.9 8 285,296.6 1 8,211,297. 69 1,451,939. 72 3,387,859. 36 8,211,297. 69 Revenue Operating Expense Net income (loss) for the year Retain Earning 193,071.6 1 5,301,806. 56
  • 159. 159 Kasalong Thai massage Income Statement 31 decemder,2016 Year 5 Income Statement JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total Sales 1,090,125 1,009,375 1,049,750 1,049,750 1,090,125 1,009,375 1,090,125 1,090,125 1,009,375 1,090,125 1,049,750 1,049,750 12,677,750 Cost of raw matiral 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Gross Income 1,009,325 928,575 968,950 968,950 1,009,325 928,575 1,009,325 1,009,325 928,575 1,009,325 968,950 968,950 11,708,150 General & Administration 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 543,500 6,522,000 Utility expenses 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 6,711.41 80,536.92 Depreciation 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 273,852.40 Miscellaneous expenses 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 11,172 134,064 Total Operating Expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Income before interest & tax 447,942 367,192 407,567 407,567 447,942 367,192 447,942 447,942 367,192 447,942 407,567 407,567 4,971,549 Tax Expense 30% 134,382.4 8 313,559.1 1 8,524,856 .80 110,157.4 8 257,034.1 1 8,781,890 .92 122,269.9 8 285,296.6 1 9,067,187 .53 122,269.9 8 285,296.6 1 9,352,484 .14 134,382.4 8 313,559.1 1 9,666,043. 26 110,157.4 8 257,034.1 1 9,923,077 .37 134,382.48 134,382.48 110,157.48 134,382.48 122,269.98 122,269.98 313,559.11 313,559.11 257,034.11 313,559.11 285,296.61 285,296.61 10,236,636. 48 10,550,195. 60 10,807,229. 71 11,120,788 .82 11,406,085 .43 11,691,382 .05 1,491,464.7 2 3,480,084.3 6 11,691,382. 05 Revenue Operating Expense Net income (loss) for the year Retain Earning
  • 160. 160 Kasalong Thai massage Cash flow 31 decemder,2012 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 654,075 605,625 629,850 629,850 629,850 629,850 654,075 629,850 629,850 654,075 605,625 654,075 7,606,650 22,821.0 3 652,671 22,821.0 3 652,671 22,821.03 22,821.03 652,671 652,671 22,821.0 3 676,896 22,821.0 3 652,671 22,821.0 3 652,671 22,821.0 3 676,896 22,821.0 3 628,446 22,821.03 654,075 22,821.0 3 628,446 676,896 251,031.3 7 7,857,681 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total cash paid 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 642,183 7,706,201 Net cash flow from operating activity 11,892 -13,737 10,488 10,488 10,488 10,488 34,713 10,488 10,488 34,713 -13,737 34,713 151,480 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received Cash paid Cash flow from investment activity Cash received Cash received from sale Total cash received 0 0 5,300,33 5 5,300,33 5 5,300,33 5 5,300,335 Cash paid Cash paid investment on operating and administration Total cash paid Net cash flow from investment activity 5,300,335 -5,300,335
  • 161. 161 Cash flow from financing activity Cash received Borrowing cash 5,000,00 0 5,000,00 0 5,000,000 Total cash paid 0 0 Net cash flow from Financing activity 5,000,00 0 -288,443 5,000,000 Total cash received 5,000,000 Cash paid Cash paid for interest Net increase/ decrease in cash Ending cash -288,443 10,488 10,488 10,488 10,488 34,713 10,488 10,488 34,713 -13,737 34,713 -288,443 Beginning cash -13,737 -302,181 -291,693 -281,206 -270,718 -260,230 -225,518 -215,030 -204,542 -169,830 -183,567 -302,181 -291,693 -281,206 -270,718 -260,230 -225,518 -215,030 -204,542 -169,830 -183,567 -148,855 -148,855
  • 162. 162 Kasalong Thai massage Cash flow 31 decemder,2013 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 839,800 775,200 872,100 839,800 839,800 839,800 872,100 839,800 839,800 839,800 839,800 872,100 10,109,900 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 862,621.0 3 862,621.0 3 894,921.0 3 862,621.0 3 862,621.0 3 862,621.0 3 22,821.0 3 894,921. 03 251,031.37 862,621.0 3 22,821.0 3 862,621. 03 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation 839,800.0 0 798,021.0 3 22,821.0 3 894,921. 03 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 59,284.98 39,904.98 59,284.98 59,284.98 59,284.98 68,974.98 59,284.98 59,284.98 682,088 701,468 701,468 701,468 711,158 701,468 701,468 701,468 68,974.9 8 711,158 721,109.72 701,468 59,284.9 8 701,468 59,284.98 Total cash paid 68,974.9 8 711,158 Net cash flow from operating activity 138,331.6 1 115,932.6 5 183,762. 65 161,152.6 5 161,152.6 5 161,152.6 5 183,762.6 5 161,152.6 5 161,152.6 5 161,152. 65 161,152.6 5 183,762. 65 1,933,620.7 2 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Total cash received 10,360,931. 37 Cash paid 8,427,311 Cash flow from investment activity Cash received Cash received from sale Total cash received Cash paid Cash paid investment on operating and administration Total cash paid Net cash flow from investment activity 0
  • 163. 163 Cash flow from financing activity Cash received Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - - Cash paid for interest 0.00 - - - - - - - - - - - - Total cash paid 0.00 - - - - - - - - - - - - Net cash flow from Financing activity 0 - - - - - - - - - - - - Net increase/ decrease in cash 138,331.6 1 -148,855 115,932.6 5 10,522.94 105,409.7 1 183,762. 65 105,409. 71 289,172. 35 161,152.6 5 289,172.3 5 450,325.0 0 161,152.6 5 450,325.0 0 611,477.6 4 161,152.6 5 611,477.6 4 772,630.2 9 183,762.6 5 772,630.2 9 956,392.9 4 161,152.6 5 956,392.9 4 1,117,545 .58 161,152.6 5 1,117,545. 58 1,278,698. 23 161,152. 65 1,278,69 8.23 1,439,85 0.88 161,152.6 5 1,439,850 .88 1,601,003 .52 183,762. 65 1,601,00 3.52 1,784,76 6.17 1,784,766.1 7 Cash paid Beginning cash Ending cash 10,522.94
  • 164. 164 Kasalong Thai massage Cash flow 31 decemder,2014 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,049,750 918,000 1,090,125 1,049,750 1,049,750 1,049,750 1,049,750 1,090,125 1,049,750 1,049,750 1,049,750 1,090,125 12,586,375 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 22,821.03 251,031.37 1,049,750 22,821.0 3 940,821 1,112,946 1,072,571 1,072,571 1,072,571 1,072,571 1,112,946 1,072,571 1,072,571 1,072,571 1,112,946 12,837,406 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 584,204 6,987,632 Cash paid for income tax 122,269.98 Total cash paid 764,453 75,898.6 7 740,903 127,536.1 7 792,541 115,423.6 7 780,428 115,423.6 7 780,428 115,423.6 7 780,428 115,423.6 7 780,428 127,536.1 7 792,541 115,423.6 7 780,428 115,423.6 7 780,428 115,423.6 7 780,428 127,536.1 7 792,541 1,388,742. 81 9,345,975 Net cash flow from operating activity 285,297 199,918 320,405 292,143 292,143 292,143 292,143 320,405 292,143 292,143 292,143 320,405 3,491,431 Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - Cash paid investment on operating and administration Total cash paid - - - - - - - - - - - - - - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - - - Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received Cash paid Cash flow from investment activity Cash received Cash paid
  • 165. 165 Cash flow from financing activity Cash received Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - - Cash paid for interest 0.00 - - - - - - - - - - - - Total cash paid 0.00 - - - - - - - - - - - - Net cash flow from Financing activity 0.00 - - - - - - - - - - - - Net increase/ decrease in cash 285,297 199,918 320,405 292,143 292,143 292,143 292,143 320,405 292,143 292,143 292,143 320,405 3,491,431 Beginning cash 1,784,766.1 7 2,070,063 2,070,06 3 2,269,98 1 2,269,981 2,590,386 2,882,529 3,174,672 3,466,815 3,758,958 4,079,363 4,371,506 4,663,649 4,955,792 2,590,386 2,882,529 3,174,672 3,466,815 3,758,958 4,079,363 4,371,506 4,663,649 4,955,792 5,276,197 Cash paid Ending cash 5,276,197
  • 166. 166 Kasalong Thai massage Cash flow 31 decemder,2015 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,049,750 918,000 1,090,125 1,090,125 1,049,750 22,821.03 22,821.03 22,821.03 1,049,750 940,821 1,112,946 1,112,946 1,072,571 1,049,75 0 22,821.0 3 1,072,57 1 1,090,12 5 22,821.0 3 1,112,94 6 1,049,75 0 22,821.0 3 1,072,57 1 1,049,75 0 22,821.0 3 1,072,57 1 1,049,75 0 22,821.0 3 1,072,57 1 1,049,750 22,821.03 1,009,37 5 22,821.0 3 1,032,19 6 12,546,00 0 251,031.3 7 12,797,03 1 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 122,269.98 82,744.98 Total cash paid 764,453 724,928 134,382.4 8 776,566 110,157. 48 752,341 134,382.4 8 776,566 122,269.9 8 764,453 122,269. 98 764,453 134,382. 48 776,566 122,269. 98 764,453 122,269. 98 764,453 122,269. 98 764,453 122,269.9 8 764,453 1,451,939. 72 9,158,141 Net cash flow from operating activity 285,297 215,893 336,380 279,855 336,380 308,118 308,118 336,380 308,118 308,118 308,118 308,118 3,638,891 Cash flow from investment activity - - - - - - - - - - - - - Cash received - - - - - - - - - - - - - Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - - - - - - - - - - - - - - Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation Total cash received 22,821.03 1,072,571 Cash paid Cash paid Cash paid investment on operating and administration
  • 167. 167 Total cash paid - - - - - - - - - - - - - Net cash flow from investment activity 0 - - - - - - - - - - - - Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - - - Cash paid for interest 0.00 - - - - - - - - - - - - Total cash paid 0.00 - - - - - - - - - - - - Net cash flow from Financing activity 0.00 - - - - - - - - - - - - Net increase/ decrease in cash 285,297 215,893 336,380 279,855 336,380 308,118 308,118 336,380 308,118 308,118 308,118 308,118 3,638,891 Beginning cash 5,276,197 5,561,494 5,777,387 6,393,622 6,730,002 5,561,494 5,777,387 6,113,767 6,730,002 7,038,120 7,038,12 0 7,346,23 7 7,346,23 7 7,682,61 8 7,682,61 8 7,990,73 5 7,990,73 5 8,298,85 3 8,298,85 3 8,606,97 1 8,606,971 Ending cash 6,113,76 7 6,393,62 2 Cash flow from financing activity Cash received Cash paid 8,915,088 8,915,088
  • 168. 168 Kasalong Thai massage Cash flow 31 decemder,2016 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total 1,090,125 1,009,375 1,049,75 0 22,821.0 3 1,072,57 1 1,049,75 0 22,821.0 3 1,072,57 1 1,090,12 5 22,821.0 3 1,112,94 6 1,009,37 5 22,821.0 3 1,032,19 6 1,090,125 1,090,12 5 22,821.0 3 1,112,94 6 1,009,37 5 22,821.0 3 1,032,19 6 1,090,125 1,049,750 12,677,750 22,821.03 22,821.03 1,112,946 1,072,571 1,049,75 0 22,821.0 3 1,072,57 1 Cash flow from operating activity Cash received Cash received on cash sale Adjust depreciation 22,821.03 22,821.03 1,090,125 1,032,196 Cash paid for cost of good sold 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 80,800 969,600 Cash paid for operating expense 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 561,383 6,736,601 Cash paid for income tax 134,382.48 Total cash paid 776,566 110,157.4 8 752,341 122,269. 98 764,453 122,269. 98 764,453 134,382. 48 776,566 110,157. 48 752,341 134,382.4 8 776,566 134,382. 48 776,566 110,157. 48 752,341 134,382.4 8 776,566 122,269.9 8 764,453 122,269. 98 764,453 1,491,464. 72 9,197,666 Net cash flow from operating activity 313,559 279,855 308,118 308,118 336,380 279,855 336,380 336,380 279,855 336,380 308,118 308,118 3,731,116 Cash flow from investment activity - - - - - - - - - - - - - Cash received - - - - - - - - - - - - - Cash received from sale - - - - - - - - - - - - - Total cash received - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Total cash received 1,112,946 251,031.37 12,928,781 Cash paid Cash paid Cash paid investment on operating and administration Total cash paid
  • 169. 169 0 - - - - - - - - - - 0 - Borrowing cash - - - - - - - - - - - - - Total cash received 0 - - - - - - - - - - 0 - Cash paid for interest 0.00 - - - - - - - - - - - Total cash paid 0.00 - - - - - - - - - - Net cash flow from Financing activity 0.00 - - - - - - - - - - Net increase/ decrease in cash 313,559 279,855 308,118 308,118 336,380 279,855 336,380 336,380 279,855 336,380 308,118 Beginning cash 8,915,088 9,228,647 Ending cash 9,228,647 9,508,502 9,508,50 2 9,816,62 0 9,816,62 0 10,124,7 38 10,124,7 38 10,461,1 18 10,461,1 18 10,740,9 73 10,740,97 3 11,077,35 3 11,077,3 53 11,413,7 33 11,413,7 33 11,693,5 88 11,693,58 8 12,029,96 9 12,029,96 9 12,338,08 6 5,000,00 0 5,000,00 0 5,000,00 0 5,308,11 8 12,338,0 86 17,646,2 04 Net cash flow from investment activity Cash flow from financing activity Cash received Cash paid - 8,731,116 17,646,204
  • 170. 170 Kasalong Thai massage Balance Sheet 31 decemder,2012 Balance Sheet Year 1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash -288,443 -302,181 -291,693 -281,206 -270,718 -260,230 -225,518 -215,030 -204,542 -169,830 -183,567 -148,855 Total Current Asset -288,443 -302,181 -291,693 -281,206 -270,718 -260,230 -225,518 -215,030 -204,542 -169,830 -183,567 -148,855 Operating and Admin fixed asset 5,300,335 Total Fixed asset 5,300,335 5,277,513.9 7 5,277,514 5,254,692.9 3 5,254,693 5,231,871.9 0 5,231,872 5,209,050.8 7 5,209,051 5,186,229.8 3 5,186,230 5,163,408.8 0 5,163,409 5,140,587.7 7 5,140,588 5,117,766.7 3 5,117,767 5,094,945.7 0 5,094,946 5,072,124.6 7 5,072,125 5,049,303.6 3 5,049,304 Total Asset 5,011,892 4,975,333 4,963,000 4,950,666 4,938,333 4,926,000 4,937,891 4,925,558 4,913,224 4,925,116 4,888,557 4,900,449 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Retain Earning 11,891.59 -24,666.82 -37,000.23 -49,333.64 -61,667.05 -74,000.46 -62,108.87 -74,442.28 -86,775.69 -74,884.10 -111,442.51 -99,550.92 Owner Equity - - - - - - - - - - - - Total Equity 11,891.59 -24,666.82 -37,000.23 -49,333.64 -61,667.05 -74,000.46 -62,108.87 -74,442.28 -86,775.69 -74,884.10 -111,442.51 -99,550.92 Total Liability & Equity 5,011,891.5 9 4,975,333.1 8 4,962,999.7 7 4,950,666.3 6 4,938,332.9 5 4,925,999.5 4 4,937,891.1 3 4,925,557.7 2 4,913,224.3 1 4,925,115.9 0 4,888,557.4 9 4,900,449.0 8 Asset Current Asset Fixed Asset Liability & Equity Liability Equity
  • 171. 171 Kasalong Thai massage Balance Sheet 31 decemder,2013 Balance Sheet Year 2 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash -10,522.94 105,409.71 289,172.35 450,325.00 611,477.64 772,630.29 956,392.94 Total Current Asset -10,522.94 105,409.71 289,172.35 450,325.00 611,477.64 772,630.29 956,392.94 1,117,545.5 8 1,117,545.5 8 1,278,698.2 3 1,278,698.2 3 1,439,850.8 8 1,439,850.8 8 1,601,003.5 2 1,601,003.5 2 1,784,766.1 7 1,784,766.1 7 5,049,303.6 3 5,049,303.6 3 5,038,780.6 9 5,026,482.6 0 5,026,482.6 0 5,131,892.3 1 5,003,661.5 7 5,003,661.5 7 5,292,833.9 2 4,980,840.5 3 4,980,840.5 3 5,431,165.5 3 4,958,019.5 0 4,958,019.5 0 5,569,497.1 5 4,935,198.4 7 4,935,198.4 7 5,707,828.7 6 4,912,377.4 3 4,912,377.4 3 5,868,770.3 7 4,889,556.4 0 4,889,556.4 0 6,007,101.9 8 4,866,735.3 7 4,866,735.3 7 6,145,433.6 0 4,843,914.3 3 4,843,914.3 3 6,283,765.2 1 4,821,093.3 0 4,821,093.3 0 6,422,096.8 2 4,798,272.2 7 4,798,272.2 7 6,583,038.4 4 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 Retain Earning 38,780.69 131,892.31 292,833.92 431,165.53 569,497.15 707,828.76 868,770.37 Owner Equity - - - - - - - 1,007,101.9 8 - 1,145,433.6 0 - 1,283,765.2 1 - 1,422,096.8 2 - 1,583,038.4 4 - Total Equity 38,780.69 131,892.31 292,833.92 431,165.53 569,497.15 707,828.76 868,770.37 Total Liability & Equity 5,038,780.6 9 5,131,892.3 1 5,292,833.9 2 5,431,165.5 3 5,569,497.1 5 5,707,828.7 6 5,868,770.3 7 1,007,101.9 8 6,007,101.9 8 1,145,433.6 0 6,145,433.6 0 1,283,765.2 1 6,283,765.2 1 1,422,096.8 2 6,422,096.8 2 1,583,038.4 4 6,583,038.4 4 Asset Current Asset Fixed Asset Operating and Admin fixed asset Total Fixed asset Total Asset Liability & Equity Liability Long Term note payable Other Total Liability Equity
  • 172. 172 Kasalong Thai massage Balance Sheet 31 decemder,2014 Balance Sheet Year 3 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 2,070,063 2,269,981 2,590,386 2,882,529 3,174,672 3,466,815 3,758,958 4,079,363 4,371,506 4,663,649 4,955,792 5,276,197 Total Current Asset 2,070,063 2,269,981 2,590,386 2,882,529 3,174,672 3,466,815 3,758,958 4,079,363 4,371,506 4,663,649 4,955,792 5,276,197 4,798,272.2 7 4,798,272.2 7 6,868,335.0 5 4,775,451.2 3 4,775,451.2 3 7,045,431.9 4 4,752,630.2 0 4,752,630.2 0 7,343,016.3 3 4,729,809.1 7 4,729,809.1 7 7,612,338.2 2 4,706,988.1 3 4,706,988.1 3 7,881,660.1 1 4,684,167.1 0 4,684,167.1 0 8,150,982.0 0 4,661,346.0 7 4,661,346.0 7 8,420,303.8 9 4,638,525.0 3 4,638,525.0 3 8,717,888.2 8 4,615,704.0 0 4,615,704.0 0 8,987,210.1 7 4,592,882.9 7 4,592,882.9 7 9,256,532.0 6 4,570,061.9 3 4,570,061.9 3 9,525,853.9 5 4,547,240.9 0 4,547,240.9 0 9,823,438.3 4 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 1,868,335.0 5 - 2,045,431.9 4 - 2,343,016.3 3 - 2,612,338.2 2 - 2,881,660.1 1 - 3,150,982.0 0 - 3,420,303.8 9 - 3,717,888.2 8 - 3,987,210.1 7 - 4,256,532.0 6 - 4,525,853.9 5 - 4,823,438.3 4 - 1,868,335.0 5 6,868,335.0 5 2,045,431.9 4 7,045,431.9 4 2,343,016.3 3 7,343,016.3 3 2,612,338.2 2 7,612,338.2 2 2,881,660.1 1 7,881,660.1 1 3,150,982.0 0 8,150,982.0 0 3,420,303.8 9 8,420,303.8 9 3,717,888.2 8 8,717,888.2 8 3,987,210.1 7 8,987,210.1 7 4,256,532.0 6 9,256,532.0 6 4,525,853.9 5 9,525,853.9 5 4,823,438.3 4 9,823,438.3 4 Asset Current Asset Fixed Asset Operating and Admin fixed asset Total Fixed asset Total Asset Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 173. 173 Kasalong Thai massage Balance Sheet 31 decemder,2015 Balance Sheet Year 4 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 5,561,494.0 5 5,561,494.0 5 5,777,386.6 9 5,777,386.6 9 6,113,766.8 4 6,113,766.8 4 6,393,621.9 9 6,393,621.9 9 6,730,002.1 3 6,730,002.1 3 7,038,119.7 8 7,038,119.7 8 7,346,237.4 3 7,346,237.4 3 7,682,617.5 7 7,682,617.5 7 7,990,735.2 2 7,990,735.2 2 8,298,852.8 7 8,298,852.8 7 8,606,970.5 1 8,606,970.5 1 8,915,088.1 6 8,915,088.1 6 4,547,240.9 0 4,547,240.9 0 10,108,734. 95 4,524,419.8 7 4,524,419.8 7 10,301,806. 56 4,501,598.8 3 4,501,598.8 3 10,615,365. 67 4,478,777.8 0 4,478,777.8 0 10,872,399. 79 4,455,956.7 7 4,455,956.7 7 11,185,958. 90 4,433,135.7 3 4,433,135.7 3 11,471,255. 51 4,410,314.7 0 4,410,314.7 0 11,756,552. 13 4,387,493.6 7 4,387,493.6 7 12,070,111. 24 4,364,672.6 3 4,364,672.6 3 12,355,407. 85 4,341,851.6 0 4,341,851.6 0 12,640,704. 47 4,319,030.5 7 4,319,030.5 7 12,926,001. 08 4,296,209.5 3 4,296,209.5 3 13,211,297. 69 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 - 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,000,000.0 0 5,108,734.9 5 - 5,301,806.5 6 - 5,615,365.6 7 - 5,872,399.7 9 - 6,185,958.9 0 - 6,471,255.5 1 - 6,756,552.1 3 - 7,070,111.2 4 - 7,355,407.8 5 - 7,640,704.4 7 - 7,926,001.0 8 - 8,211,297.6 9 - 5,108,734.9 5 10,108,734. 95 5,301,806.5 6 10,301,806. 56 5,615,365.6 7 10,615,365. 67 5,872,399.7 9 10,872,399. 79 6,185,958.9 0 11,185,958. 90 6,471,255.5 1 11,471,255. 51 6,756,552.1 3 11,756,552. 13 7,070,111.2 4 12,070,111. 24 7,355,407.8 5 12,355,407. 85 7,640,704.4 7 12,640,704. 47 7,926,001.0 8 12,926,001. 08 8,211,297.6 9 13,211,297. 69 Asset Current Asset Cash Total Current Asset Fixed Asset Operating and Admin fixed asset Total Fixed asset Total Asset Liability & Equity Liability Long Term note payable Other Total Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 174. 174 Kasalong Thai massage Balance Sheet 31 decemder,2016 Balance Sheet Year 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Cash 9,228,647 9,508,502 9,816,620 10,124,738 10,461,118 10,740,973 11,077,353 11,413,733 11,693,588 12,029,969 12,338,086 17,646,204 Total Current Asset 9,228,647 9,508,502 9,816,620 10,124,738 10,461,118 10,740,973 11,077,353 11,413,733 11,693,588 12,029,969 12,338,086 17,646,204 4,296,209.5 3 4,296,209.5 3 13,524,856. 80 4,273,388.5 0 4,273,388.5 0 13,781,890. 92 4,250,567.4 7 4,250,567.4 7 14,067,187. 53 4,227,746.4 3 4,227,746.4 3 14,352,484. 14 4,204,925.4 0 4,204,925.4 0 14,666,043. 26 4,182,104.3 7 4,182,104.3 7 14,923,077. 37 4,159,283.3 3 4,159,283.3 3 15,236,636. 48 4,136,462.3 0 4,136,462.3 0 15,550,195. 60 4,113,641.2 7 4,113,641.2 7 15,807,229. 71 4,090,820.2 3 4,090,820.2 3 16,120,788. 82 4,067,999.2 0 4,067,999.2 0 16,406,085. 43 4,045,178.1 7 4,045,178.1 7 21,691,382. 05 Long Term note payable 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 Other - - - - - - - - - - - - Total Liability 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 0 8,524,856.8 0 - 8,781,890.9 2 - 9,067,187.5 3 - 9,352,484.1 4 - 9,666,043.2 6 - 9,923,077.3 7 - 10,236,636. 48 - 10,550,195. 60 - 10,807,229. 71 - 11,120,788. 82 - 11,406,085. 43 - 11,691,382. 05 - 8,524,856.8 0 13,524,856. 80 8,781,890.9 2 13,781,890. 92 9,067,187.5 3 14,067,187. 53 9,352,484.1 4 14,352,484. 14 9,666,043.2 6 14,666,043. 26 9,923,077.3 7 14,923,077. 37 10,236,636. 48 15,236,636. 48 10,550,195. 60 15,550,195. 60 10,807,229. 71 15,807,229. 71 11,120,788. 82 16,120,788. 82 11,406,085. 43 16,406,085. 43 11,691,382. 05 11,691,382. 05 Asset Current Asset Fixed Asset Operating and Admin fixed asset Total Fixed asset Total Asset Liability & Equity Liability Equity Retain Earning Owner Equity Total Equity Total Liability & Equity
  • 175. 175 Chapter 8 Risk Management 8.1 Risk analysis
  • 176. 176 Risk is the quantifiable likelihood of loss or less-than-expected returns or situation dissatisfaction which happen in the future and impact or operation weren’t successful the objective and goal of organization (RMUTLL, 2009). Kasalong Thai massage will divide to analysis into 2 factors as follows internal forces and External forces both operations financial and administration strategy which may be positive affect by measured the impact got from likelihood situation. 8.1.1 External Forces Risk caused by external forces which Kasalong Thai massage can’t expect and can’t control, so Kasalong Thai massage had a plan for protect the risk that may happen from external factor and support the risk that Kasalong Thai massage will confront in the future for the risk that happen from external factors as follows as: 1. Changing in Technology Now the technology is rapidly changing which is the indirect risk to Kasalong Thai massage, because part of Kasalong Thai massage this our business is a traditional Thai massage use the chiropractor and massage alone. Do not use the technology involved. The indirect will be in the queue for service system in of massage. 2. Changing in Customer Need The need of customer in the service of Kasalong Thai massage may change the cause to different such as Massage oil. Body massage using oils extracted from nature, a relaxing massage. A traditional Thai massage is healthy, which directly affect the body and mind, Foot massage her feet, the balance in the body, allows the system to circulate them. Moreover there are a lot of competitor’s businesses it is choice for customer choose. In this cause are the direct risk to the business that may occur which will affect to sales and revenue. From above the reasons is risk that affects to changes the demand of buying behavior of customer. Kasalong Thai massage must to risk management for consideration customer demand is important.
  • 177. 177 So Kasalong Thai massage should using the Marketing strategy by our business have to environment serving make customer good feel and relax cause is the Thai Lanna style and ancient house, our business complete business in service and have promotion for member customer to come always service. 3. Economic Condition This economic problem is a big problem in Thailand. Its affect to the customer population has decreased significantly. Investment in private is lower all over investment in country and foreign country, public spending that reduced because of lower revenues. So the people must be more carefully in spending its make the purchase are decrease (Eureka, 2008). That problem are risk that affect to decrease sales From above the reasons, Kasalong Thai massage must manage risk by setting the strategies are appropriate by promotes increase sales in during the festival, handing out flyers, create a website and promote. Moreover Kasalong Thai massage provide variety promotion for respond to all level of customer demand which has the price a medium level for customers who want to use the service for customer decision to use service. In not well economic period it’s make the customer satisfaction and affect to increase sales. When variety service the customer can has more choice. Moreover its can make the customer satisfaction and can attract a lot of customers. When we creating these strength the competitor difficult to enter the market and later can make high profit. 4. Competitive Condition There are many entrepreneurs interested to open Thai massage that gives full service in Chiang Rai. After that the Thai massage business becomes the business which is very popular. Then the affects of Thai massage business is high competition. Then, it makes more growth market and there are varieties of services that customers can make decision for choosing. So, there is capacity in competitive condition in the market. Then, there is cut pricing between competitions which it affects to market
  • 178. 178 share. In this reason, it is risk that can affect to Kasalong Thai massage which it can reduce sales. From above reasons, Kasalong Thai massage must to determine strategy for competing with competitors in the market by looking opportunity to build differentiation in our services, prices, promotion for increase quality of services for efficient. When there are varieties of services which the customers have more choices for decision servicing. Therefore, it can make customer satisfaction and more attractive customers. If Kasalong Thai massage is strength which the others competitors is difficult to entry market, so Kasalong Thai massage can expand the market which there are increase customers. Then, Market Share will improve which it makes more profit. 5. The risk of fire This business our Thai massage builds is ancient house. The wood used in building. Have to the risk of fire, because our business have to the oil massage, As well as fuel, Risk of fire, so our business is protected with the use of wood for the fire risk to a minimum and our business make the fire insurance for stability of business when having fire to company. 8.1.2 Internal risk Internal forces are many causes that effect to driving and control the risk of business. Employee management is emphasizing matter to control these risks within operating of business internal risk as follows as:
  • 179. 179 1. Human resources Our clinic is a Thai massage that aim at the diseases preventing so the satisfaction of customer is a driver of business to growth up. Hence, a satisfaction of customer occur from they look we have the expert massage therapist that make the trustworthiness to them. So if we lack this factor it's a risk to effect cause a loose of benefit. Therefore, we have to prepare to fulfill in this affair through the massage therapist recruitment so all massage therapist that we select to work in our clinic must past the certificate of art therapy everyone. 2. Quality of service There are many customers come to our health center which is more than kind of performance can manage, so these might cause the problem of services and customer satisfaction management and other of problems. When we have those problems it's might to effect decrease the benefit and hang behind the competitors. For example, some masseur tried or bored the job and works not the most of service because we lack a quality in satisfaction of customer. This is internal risk that we have to prepare to solve them. Hence, we always have to train all employees and massage therapists to realize in the quality of service and satisfaction of customers for the benefit of clinic and themselves. And increase the diligent for the employee that have great job or work on over time. 3. Customer management The vital thing that indicate that we have a risk that is the expression of customers. So each customer have a social base that different so perhaps we might lack a royalty customer it's not cause our company but occur from those customer by economic change ,belief change, social change that cause some customers may don't like to massage. So, these risk we might not to solve them in directly but we have to prepare to solve them by indirectly is ask some comment from the customers might from bring the issue directly in talking of all in day's work or comment box for always update the satisfaction of customers.
  • 180. 180 Risk management conclusion Risk is the opportunity that Kasalong Thai Massage Company will get loss income or the business can’t operate successful to target planning. Our company’s risks can divide to 2 parts. First is risk from external factor. Second is risk from internal factor. The external factor risk is hard to predict and can not to control, such as economic risk, changing in demand of customer risk and have competitor risk. The internal factor risk is we often to confront in the organization, and it is the risk that we can control it, such as integrity risk, and human resources risk. The last risk is financial risk, such as if our income have to reduce it is directly to effect to our company’s income will also reduce too, in the sometime, if our company expense increase, it will effect to our company’s payback period will have long time. About interest rate is not more effect to our company, because it effect a little in our income statement, so financial risk is important to our company. We must always to maintain and control cost, in addition we should to development marketing strategy of company for attracting more customers, that is to increase our company net income and our business can continue to survive.
  • 181. 181 Chapter 9 Summary
  • 182. 182 Summary of project feasibility study Today's the cultures of Thai massages are varying in each local, Thai massage is an invaluable knowledge of the history and stories that are legendary for a long time. Massage or medical massage is a therapeutic way. This is the treatment of certain diseases as well. The disease can be treated with medication or injection drug use. Massage is a very important role in the treatment. This can be seen that massage plays an important role in the treatment of disease present. It is believed that the treatment has to start from the peer support within the family, the treatment of self-help within the family and the skills and confidence. Massage can help with your illness, the popular and reliable service from a career as a chiropractor. The current situation of Thai massage is gaining wide popularity among both Thais and foreigners. Thai massage has many schools, both public and private sectors such as Wat Po School of Massage, School of Ayurveda, Institute of Technology and a chiropractor Saitapikar School and private sector resources, especially during the economic crisis of the country. Many people lose their jobs, Ministry of Health in collaboration with the Ministry of Labour, Development of teaching massage, and The School of Thai Massage to the unemployed. To study the self-employed in the primary, the alleviation of suffering when the country was in crisis, to encourage institutions the course teaches Thai massage to the same standard. The results show that a Thai massage can bring income to the country annually over one billion baht. Nature of industry is Thai Traditional massage is a valuable and indigenous body of wisdom from our Thai ancestors. It was seen that Thai massage had an important role for treatment from the past until now. It was believed that Thai massage was originated to cure themselves within the family, for example, husband giving massage to his wife, children giving massage to their parents and grandparents. They gave a massage by using parts of the body such as elbows, knees and feet to self- massage, In addition, Thai-style exercise was used to adjust anatomy by oneself easily. Due to the fact that they had the knowledge of massage within the family, they could give a massage to neighbors. Finally the clients or patients trusted that Thai massage was a popular, efficient and respectable way of curing, and it became one of the most famous occupations.
  • 183. 183 Situation of industry is Information from the public health of the Thai Traditional Medical Services from 2003-2008 is divided into four sectors based on annual data broken down by age group, gender, etiology, and the service you deserve. Product and Service, Kasalong Thai massage has services two parts, including treatment massage and foot massage. A treatment massage has price about 350 baht per hour, and a foot massage has price about 250 baht per hour. In term of marketing analysis, we provide are five factors, such as general environment analysis, political factor, economic factor, socio-cultural factor, and technological factor. Competitor, we divide two group competitor of Kasalong Thai massages are direct competitor and indirect competitor. Direct competitor comprise of School of Traditional and Alternative Medicine at Chiang Rai Rajabhat University, Mae Fah Luang University Hospital, Chiang Rai Prachanukroh hospital. Indirect competitor comprise of Ausapron Thai Massages, Aumpron Thai Massages, Wangcom massage. Sale forecast of Kasalong Thai massage in five year, the first year Kasalong Thai massage get total revenue 8,949,000 baht per year, second year get total revenue 11,894,000 baht per year, third year get total revenue 14,807,500 baht per year, fourth year get total revenue 14,760,000 baht per year, fifth year get 14,915,000 bath per year. Marketing Expenses are beverages and advertisement. Beverage, we will arrange some herbals for customers such as pandan juice, ginger, and tea. Advertisement, the Kasalong Thai Massage is advertised on its own website and brochure and gift for welcome the customers at the store. In term of investment cost, we provide in following: 1. Product: treatment massage service and foot massage service. 2. Location: land and building cost. 3. Pattern inside of health center cost: house reception and house massage. 4. Cost of Machine Tools and Equipment. 5. Cost of internet and telephone. The operation cost for a massage, we provide two raw materials are Thai herb ball, and Original foot cream.
  • 184. 184 Management analysis, we provide employment in following: 1. General manager 2. Accountant 3. House keeper 4. Sale person 5. Thai traditional massage practitioner(certificate) 6. Traditional Thai Massage Practitioner (The Art of the disease.) Administration cost, we divide administration in following: 1. Employee salary 2. 3. 4. 5. 6. Stationary expense Electricity expense Water expense Internet and telephone expense Fire Insurance. In term of finance analysis, Kasalong Thai massage has profit all year and every year. In term of risk management, we analysis are two force, including external force and internal force. External forces include:  Changing in Technology - Now the technology is rapidly changing which is the indirect risk to Kasalong Thai massage, because part of Kasalong Thai massage this business is a traditional Thai massage use the chiropractor and massage alone.  Changing in Customer Need - The need of customer in the service of Kasalong Thai massage may change the cause to different such as Massage oil. Body massage using oils extracted from nature, a relaxing massage.  Economic Condition - This economic problem is a big problem in Thailand. Its affect to the customer population has decreased significantly.  Competitive Condition - There are many entrepreneurs interested to open Thai massage that gives full service in Chiang Rai. After that the Thai massage business becomes the business which is very popular.
  • 185. 185  The risk of fire - This business our Thai massage builds is ancient house. The wood used in building. Have to the risk of fire, because our business has to the oil massage, as well as fuel. Internal forces include:  Human resources - Our clinic is a Thai massage that aim at the diseases preventing so the satisfaction of customer is a driver of business to growth up. Hence, a satisfaction of customer occur from they look we have the expert massage therapist that make the trustworthiness to them.  Quality of service - There are many customers come to our health center which is more than kind of performance can manage, so these might cause the problem.  Customer management - The vital thing that indicate that we have a risk that is the expression of customers. So each customer have a social base that different so perhaps we might lack a royalty customer it's not cause our company but occur from those customer by economic change ,belief change, and social change. These information are collected in report for analysis all part of the Kasalong Thai massage health center.
  • 186. 186 Appendix
  • 187. 187 บทสัมภาษณ์ นักศึกษา: สถานที่นี ้เป็ นแพทย์แผนไทยแบบไหน? หมอแพทย์ แผนไทย: เป็ นการรักษาแบบนวดตัวและนวดฝ่ าเท้ า. นักศึกษา: ผู้รับบริ การส่วนใหญ่เป็ นใครบ้ าง? หมอแพทย์ แผนไทย: คนส่วนมากเป็ นผู้สงอายุ อายุระหว่าง 60-70 ปี . ู นักศึกษา: คาราของการรักษาแต่ละการรักษาราคาเท่าไหร่ ? หมอแพทย์ แผนไทย: นวดตัวราคา 200 บาทต่อหนึงชัวโมงครึ่ง, ส่วนนวดเท้ าราคา 150 บาทต่อหนึงชัวโมง. ่ ่ ่ ่ นักศึกษา: การเข้ ารับบริ การแต่ละเดือนเป็ นยังไงบ้ าง? จานวนคนมากน้ อยเท่าไหร่ ? หมอแพทย์ แผนไทย: นวดรักษาทังสองอย่าง ประมาน 15 คนต่อวัน และคนไข้ สวนใหญ่มีสทธิบตรการรักษา, ส่วน ้ ่ ิ ั การมารับบริ การการนวดเพื่อรักษาขึ ้นอยูกบลูกค้ าและไม่เกี่ยวกับฤดูกาล ่ ั นักศึกษา: เจ้ าหน้ าที่ของศูนย์แพทย์แผนไทยมีจานวนเท่าไหร่แล้ วมีการจัดระเบียบการทางานยังไง บ้ าง? หมอแพทย์ แผนไทย: จานวนแพทย์ที่มใบประกอบโลกศิลปมีสามคน หนึงคนเป็ นหัวหน้ าเวร อีกคนออกชุมชน และ ี ์ ่ อีกหนึงคนเป็ นหัวหน้ าหมอนวดรักษา และมีหมอนวดอีกสีคนที่ทาหน้ าที่ในการนวดรักษา. ่ ่ นักศึกษา: หมอพอจะมียอดรวมของผู้ใช้ บริการการนวดเพื่อรักษาภายในหนึงปี ไหม? ่ หมอแพทย์ แผนไทย: ยอดรวมหนึงปี หมอไม่มีครับ แต่มีแค่ชวงเดือนพฤศจิกายน กับเดือนธันวาคม ของปี 2554; ่ ่  เดือนพฤศจิกายน มีนวดเพื่อรักษา 262 คน, นวดฝ่ าเท้ า 302 คน.  เดือนธันวาคม มีนวดเพื่อรักษา 207 คน, นวดฝ่ าเท้ า 247 คน. นักศึกษา: ปั ญหาที่เกิดขึ ้นในศูนย์แพทย์แผนไทยเป็ นยังไงบ้ าง? หมอแพทย์ แผนไทย: ปั ญหาที่ศนย์คือ จานวนเจ้ าหน้ าที่ทงแพทย์และคนนวดมีจานวนน้ อย. ู ั้ นักศึกษา: การจ่ายเงินเดือนให้ พนักงานแต่ละบุคคลเป็ นยังไงบ้ าง? หมอแพทย์ แผนไทย: จ่ายเงินเดือนตามอัตราจ้ าง. นักศึกษา: ความคาดหวังของศูนย์แพทย์แผนไทยในอนาคตน่าจะเป็ นไปในทิศทางใดได้ บ้าง?
  • 188. 188 หมอแพทย์ แผนไทย: ความคาดหวังของศูนย์แพทย์แผนไทยก็คือ มีจานวนแพทย์แผนไทยเพิ่มขึ ้น ให้ เพียงพอต่อ การให้ บริ การการรักษาผู้ป่วย. อ้ างอิง: จากการสัมภาษณ์ ศูนย์ แพทย์ แผนไทยของโรงพยาบาลเชียงรายประชานุเคราะห์ , 6 กุมภาพันธ์ 2555
  • 189. 189 Image from Thai massage center of Chiang Rai Hospital.
  • 190. 190
  • 191. 191
  • 192. 192
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  • 194. 194 xii https://th.foursquare.com/v/%E0%B8%AD%E0%B8%B3%E0%B8%9E%E0%B8%A3%E0 %B8%99%E0%B8%A7%E0%B8%94%E0%B9%81%E0%B8%9C%E0%B8%99%E0%B9 %82%E0%B8%9A%E0%B8%A3%E0%B8%B2%E0%B8%93/4e901fa3550342b5a4178d70 xiii http://www.isaan.com/th/about/other-cities-in-thailand/chiangrai/others/massage-lane.html xiv http://www.winnerfurnitures.com/product_sub.php?mem=&pid=1332&p=7&sid=34&img=i mages/product/946722.jpg xv http://www.winnerfurnitures.com/product_sub.php?mem=&pid=2120&p=5&sid=26&img=i mages/product2/13110962964_l.jpg xvi http://www.winnerfurnitures.com/product_sub.php?mem=&pid=1874&p=7&sid=32&img=images/product2/1 2968800014_l.jpg xvii http://www.siammakro.co.th/main/en/mail_hot.php?page=13 xviii xix http://www.powerbuy.co.th/ProductDetailPage.aspx?Prod_Code=PWB000181415 http://chantraspa.com/product.php?id_product=77 xx http://www.sinthaneegroup.com/index.php?page=shop.product_details&flypage=flypage.tpl&product_id=13 6&category_id=16&vmcchk=1&option=com_virtuemart&Itemid=45 xxi http://www.spathaishop.com/?cid=59497&subid=16264 xxii http://www.spathaishop.com/?cid=59497&subid=16274 xxiii http://www.spathaishop.com/%E0%B8%AB%E0%B8%A1%E0%B8%AD%E0%B8%99-CID59497P41228.html xxiv http://www.spathaishop.com/%E0%B8%9C%E0%B9%89%E0%B8%B2%E0%B8%84%E0%B8%B2%E0%B8%94%E 0%B8%A3%E0%B8%B8%E0%B9%88%E0%B8%99%E0%B9%83%E0%B8%AB%E0%B8%A1%E0%B9%88%E0%B8%A5%E0%B8%B2%E0%B8%A2%E0%B9%84%E0%B8%97%E0%B8%A2%E0%B8%A5%E0%B8%B2%E0%B 8%A2%E0%B8%8A%E0%B9%89%E0%B8%B2%E0%B8%87%E0%B9%84%E0%B8%97%E0%B8%A2CID59497P199919.html xxv http://www.spathaishop.com/?cid=59497&subid=16278 xxvi http://www.spathaishop.com/?cid=59497&subid=14955 xxvii http://www.spathaishop.com/?cid=59497&subid=14955
  • 195. 195 xxviii xxix http://chantraspa.com/product.php?id_product=38 http://chantraspa.com/category.php?id_category=25 xxx http://www.thaitambon.com/tambon/tsmepdesc.asp?Prod=0682115858&ID=500101&SME=051230142626 xxxi http://www.sripiboon.com/product-th-465362-2106127%E0%B8%81%E0%B8%A3%E0%B8%B0%E0%B8%95%E0%B8%B4%E0%B8%81%E0%B8%99%E0%B9%89%E0%B 8%B3%E0%B8%A3%E0%B9%89%E0%B8%AD%E0%B8%99+HOUSE+WORTH+%E0%B9%80%E0%B8%AE%E0%B9 %89%E0%B8%B2%E0%B8%AA%E0%B9%8C%E0%B9%80%E0%B8%A7%E0%B8%AD%E0%B8%A3%E0%B9%8C%E 0%B8%94+HW+855++%E0%B8%82%E0%B8%99%E0%B8%B2%E0%B8%94+5.5+%E0%B8%A5%E0%B8%B4%E0% B8%95%E0%B8%A3.html xxxii http://www.wasmontowel.com/product-th-489392-2219817%E0%B8%9C%E0%B9%89%E0%B8%B2%E0%B8%82%E0%B8%99%E0%B8%AB%E0%B8%99%E0%B8%B9+%E0% B8%82%E0%B8%99%E0%B8%B2%E0%B8%94+15*30+%E0%B8%99%E0%B8%B4%E0%B9%89%E0%B8%A7+3.5 %E0%B8%9B%E0%B8%AD%E0%B8%99%E0%B8%94%E0%B9%8C+%E0%B9%82%E0%B8%AB%E0%B8%A5.html xxxiii http://www.weloveshopping.com/template/e5/showproduct.php?pid=13911498&shopid=183006 xxxiv http://faucet.tarad.com/product-th-813710-4040059%E0%B8%AD%E0%B9%88%E0%B8%B2%E0%B8%87%E0%B8%A5%E0%B9%89%E0%B8%B2%E0%B8%87%E0%B 8%AB%E0%B8%99%E0%B9%89%E0%B8%B2+(%E0%B8%81%E0%B8%A3%E0%B8%B0%E0%B8%88%E0%B8%81 %E0%B8%99%E0%B8%B4%E0%B8%A3%E0%B8%A0%E0%B8%B1%E0%B8%A2)+S+16.html xxxv http://faucet.tarad.com/product-th-656137-3184443%E0%B8%AA%E0%B8%B2%E0%B8%A2%E0%B8%89%E0%B8%B5%E0%B8%94%E0%B8%8A%E0%B8%B3%E0%B 8%A3%E0%B8%B0+ZT+EMC.html xxxvi http://www.siamshop.com/2wk0semluq55c36-show-1644691 xxxvii http://www.ikea.com/th/th/catalog/products/10193140/ xxxviii http://www.ikea.com/th/th/catalog/products/40197617/ xxxix http://www.viboonchanshop.com/9%E0%B8%8A%E0%B8%B1%E0%B8%81%E0%B9%82%E0%B8%84%E0%B8%A3%E0%B8%81-nasco xl http://www.amorncctv.com/product-th-0-3251970%E0%B8%8A%E0%B8%B8%E0%B8%94%E0%B8%81%E0%B8%A5%E0%B9%89%E0%B8%AD%E0%B8%87%E0%B 8%A7%E0%B8%87%E0%B8%88%E0%B8%A3%E0%B8%9B%E0%B8%B4%E0%B8%94+8+%E0%B8%95%E0%B8%B 1%E0%B8%A7+%E0%B8%AD%E0%B8%B8%E0%B8%9B%E0%B8%81%E0%B8%A3%E0%B8%93%E0%B9%8C%E0 %B8%84%E0%B8%A3%E0%B8%9A%E0%B8%8A%E0%B8%B8%E0%B8%94.html xli http://www.worachat.com/index.php?lay=show&ac=article&Id=538665099&Ntype=8 xlii http://www.worachat.com/index.php?lay=show&ac=article&Id=538643298&Ntype=23 xliii http://nonthaburicity.olxthailand.com/6-3-3-900-iid-198461105 xliv xlv http://www.mrblackboard.com/ http://www.thaisakolgp.com/viewknowlage.php?noknowlage=2 xlvi www.ismed.com xlvii http://www.ddproperty.com/property/show/40750 xlviii xlix l http://www.land.co.th/land-info-top-3.asp http://www.ihome1982.net http://www.tothispeed.com/th/promotion-customer.php
  • 196. 196 li http://www.nungphaman.com/ lii liii liv lv lvi http://www.herblpg.com/thai/node/75 http://creamandoilmassage.igetweb.com/index.php?mo=3&art=267996 http://women.sanook.com/work/108jobs/108jobs_26616.php http://www.mwa.co.th/watercost.html http://www.erc.or.th/ERCWeb2/Upload/Download/PEA-Tariff.pdf lvii lviii http://www.oic.or.th/upload/printing/uploadfile/12-1940.pdf http://ktdoilanradio.com/NP-3988- %E0%B8%AD%E0%B8%B1%E0%B8%95%E0%B8%A3%E0%B8%B2%E0%B8%84%E0%B9%88%E0%B8% B2%E0%B9%82%E0%B8%86%E0%B8%A9%E0%B8%93%E0%B8%B2.html lix http://www.108clean.com/%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B8%A2%E0%B8%B2%E0%B8 %97%E0%B8%B3%E0%B8%84%E0%B8%A7%E0%B8%B2%E0%B8%A1%E0%B8%AA%E0%B8%B0%E0% B8%AD%E0%B8%B2%E0%B8%94/%E0%B8%9A%E0%B8%B3%E0%B8%A3%E0%B8%B8%E0%B8%87% E0%B8%A3%E0%B8%B1%E0%B8%81%E0%B8%A9%E0%B8%B2%E0%B8%9E%E0%B8%B7%E0%B9%8 9%E0%B8%99/%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B8%A2%E0%B8%B2%E0%B8%94%E0%B8 %B1%E0%B8%99%E0%B8%9D%E0%B8%B8%E0%B9%88%E0%B8%99.html lx http://www.108clean.com/%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B8%A2%E0%B8%B2%E0%B8 %97%E0%B8%B3%E0%B8%84%E0%B8%A7%E0%B8%B2%E0%B8%A1%E0%B8%AA%E0%B8%B0%E0% B8%AD%E0%B8%B2%E0%B8%94/%E0%B8%97%E0%B8%B3%E0%B8%84%E0%B8%A7%E0%B8%B2% E0%B8%A1%E0%B8%AA%E0%B8%B0%E0%B8%AD%E0%B8%B2%E0%B8%94%E0%B8%97%E0%B8%B 1%E0%B9%88%E0%B8%A7%E0%B9%84%E0%B8%9B/%E0%B8%AA%E0%B8%9A%E0%B8%B9%E0%B 9%88%E0%B9%80%E0%B8%AB%E0%B8%A5%E0%B8%A7%E0%B8%A5%E0%B9%89%E0%B8%B2%E0 %B8%87%E0%B8%A1%E0%B8%B7%E0%B8%AD.html
  • 197. 197 lxi http://www.108clean.com/%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B8%A2%E0%B8%B2%E0%B8%97%E0% B8%B3%E0%B8%84%E0%B8%A7%E0%B8%B2%E0%B8%A1%E0%B8%AA%E0%B8%B0%E0%B8%AD%E0%B8%B2 %E0%B8%94/%E0%B8%AB%E0%B9%89%E0%B8%AD%E0%B8%87%E0%B8%99%E0%B9%89%E0%B8%B3/%E0 %B8%99%E0%B9%89%E0%B8%B3%E0%B8%A2%E0%B8%B2%E0%B8%A5%E0%B9%89%E0%B8%B2%E0%B8%8 7%E0%B8%AB%E0%B9%89%E0%B8%AD%E0%B8%87%E0%B8%99%E0%B9%89%E0%B8%B3%E0%B9%81%E0% B8%A5%E0%B8%B0%E0%B8%AA%E0%B8%B8%E0%B8%82%E0%B8%A0%E0%B8%B1%E0%B8%93%E0%B8%91 %E0%B9%8C.html lxii http://www.108clean.com/%E0%B8%A7%E0%B8%B1%E0%B8%AA%E0%B8%94%E0%B8%B8 %E0%B8%AA%E0%B8%B4%E0%B9%89%E0%B8%99%E0%B9%80%E0%B8%9B%E0%B8%A5%E0%B8% B7%E0%B8%AD%E0%B8%87/%E0%B8%96%E0%B8%B8%E0%B8%87%E0%B8%82%E0%B8%A2%E0% B8%B0/%E0%B8%96%E0%B8%B8%E0%B8%87%E0%B8%82%E0%B8%A2%E0%B8%B0%E0%B8%AA% E0%B8%B5%E0%B8%94%E0%B8%B3.html lxiii http://www.108clean.com/%E0%B8%A7%E0%B8%B1%E0%B8%AA%E0%B8%94%E0%B8%B8%E0%B8%AA%E0 %B8%B4%E0%B9%89%E0%B8%99%E0%B9%80%E0%B8%9B%E0%B8%A5%E0%B8%B7%E0%B8%AD%E0%B8%8 7/%E0%B8%96%E0%B8%B8%E0%B8%87%E0%B8%82%E0%B8%A2%E0%B8%B0/%E0%B8%96%E0%B8%B8%E0 %B8%87%E0%B8%82%E0%B8%A2%E0%B8%B0%E0%B8%AA%E0%B8%B5%E0%B8%94%E0%B8%B3.html lxiv http://www.108clean.com/%E0%B8%A7%E0%B8%B1%E0%B8%AA%E0%B8%94%E0%B8%B8%E0%B8 %AA%E0%B8%B4%E0%B9%89%E0%B8%99%E0%B9%80%E0%B8%9B%E0%B8%A5%E0%B8%B7%E0% B8%AD%E0%B8%87/%E0%B8%81%E0%B8%A3%E0%B8%B0%E0%B8%94%E0%B8%B2%E0%B8%A9% E0%B9%80%E0%B8%8A%E0%B9%87%E0%B8%94%E0%B8%97%E0%B8%B4%E0%B8%8A%E0%B8%8 A%E0%B8%B9%E0%B9%88/Kimsoft%E0%B8%81%E0%B8%A3%E0%B8%B0%E0%B8%94%E0%B8%B2%E0%B8%A9%E0%B9%80%E0%B8% 8A%E0%B9%87%E0%B8%94%E0%B8%A1%E0%B8%B7%E0%B8%AD-InterFold.html