Accounting project

1. SFS company
Flower
Members of the
company: Pablo Augusto & David Garcia de Castro

2. 2.Description of the product
We’ve decided to sell
sunflower seeds. The product
would be in small bags, each bag
will have a determine price, and
there will bags of different sizes.
Two main sizes: small and big:
-We’ve thought that we would
buy the sunflowers from Spain.
Due to in Spain they are quite
cheap, and they’re very popular.
In the beginning we would buy
bags of 3 different flavours.

3. 3.Choosing of the product
We’ve choose this
product because it would be
something new for the Irish
people, as Irish people aren’t
used to consume this product.
That’s why we believe it would
have a good demand. 4.The Capital
We are going to start-
up with our own money, we
have some money save. As well
our parents are going to invest in
our company.
If everything works the way is
meant to be we will give our
parents their money back.

4. 5.Costs
-The investment cost will be €40,
each partner will invest a 50% of
the investment, €10 each partner.
-Our parents will invest €20 in
the company.
-The wages will be
distributed between the two
partners each one a 50%, due to
the fact that each one will invest
the same amount of money.
-For the adversity we
will invest 5€ for the printing
of an advertising poster from
the company

5. 6. Cost of the Units
-In our company we will sell two sizes
of bags of sunflower seeds.
Small bag:
•Price in
Spain: 35cent
•Our price:
€1.05
Big bag:
•Price in
Spain: €1
•Our price:
€2

6. Price in Spain
Big Bag €1
Small Bag €0.35
Our Price
Big Bag €2
Small Bag €1.05
We think this is a very
reasonable price due to the
transfer from Spain to
Ireland and because we wish
to get a acceptable income.
7.Selling Price

7. Investment in Big
Bags
€30
Total of Big Bags 30 Big Bags
Investment in
Small Bags
€10
Total of Small Bags 28 Small Bags
8.Units we hope to sell
We hope to sell all the units
Projected
Profit
Big Bags €60
Small Bags €26.96
Total €86.96