This was a year-long project where a five-member team, including myself, were tasked with using design thinking to design a product and a business. My role in the team was project director, designer, and planning.

14. Pricing Plan
Material Cost
Leather 2.31
Elastic 0.63
Thread 0.96
Snaps 0.78
Total 4.38
Sale 12.5
VAT 2.5
Total 15
Profit 8.12
Appendix 1

17. Appendix 4.
=
Description Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Total
Investment of Team - 54.00 54.00
Sale of 1 Veles at 15 - 15.00 15.00
Sale of 2 Veles at 15 30.00
Sale of 20 Veles at 15 - 300.00 300.00
Sale of 40 Veles at 15 600 600 600
Sale of 60 Veles at 15 900.00 900.00
Sale of 80 Veles at 15 1,200.00 1,200.00
Total Monthly Cash Inflow - - 54.00 15.00 - 30.00 300.00 600.00 600.00 600.00 900.00 1,200.00 2,469.00
Purchase of 1 Material - 4.38 4.38
VAT of 1 Veles 2.50 2.50
Registration Fee 10.00 10.00
Purchase of 2 Material 8.76
VAT of 2 Veles 5.00
Purchase of 20 Material 87.60 87.60
Purchase of 40 Material 175.20 175.20 175.20
Purchase of 60 Material 262.80 262.80
Purchase of 80 Material 350.40 350.40
VAT of 20 Veles 50.00
VAT of 40 Veles 100.00 100.00 100.00
VAT of 60 Veles 150.00
VAT of 80 Veles 200.00
Total Monthly Cash Outflow - - 4.38 12.50 - 13.76 137.60 275.20 275.20 275.20 412.80 550.40 717.68
Net Monthly Inflow/(Outflow) - - 49.62 2.50 - 16.24 162.40 324.80 324.80 324.80 487.20 649.60 1,751.32
Bank balance at beginning of month - - - 49.62 52.12 52.12 68.36 230.76 555.56 880.36 1,205.16 1,692.36 -
Cash Flow Statement (Actual) for the year to 30th September 2015

18. Bank balance at end of month - - 49.62 52.12 52.12 68.36 230.76 555.56 880.36 1,205.16 1,692.36 2,341.96 1,751.32