- The document outlines a business plan for a partnership called Youth Fun Land that aims to establish an entertainment market in Multan, Punjab providing various games and activities.
- The partners are Arshad Hayat, Zohaib Ahmed, Bilal Leghari, and Ali Raza. They plan to provide services like snooker, table tennis, computer games, shooting games, and more in a friendly environment.
- The objectives include generating loyal customers, creating a positive brand image, encouraging future investment, and eventually expanding offerings over the long term. Short term goals focus on covering initial expenses and improving operations.
Business Plan Presentation- " Beauty Salon Parlor "Kazi Reaz Rahman
This Presentation in showed the Business Plan to " Beauty Parlor " name "Beauty Salon Parlor"
I am Kazi Reaz Rahman, Student at University Of Asia Pacific
Dhaka, Bangladesh.
It is a business development proposal, designed for establishing a new venture as an entrepreneur. A new venture needs to have a detailed business proposal plan. This business proposal plan is a prescribed expression of the entrepreneurial vision along with description regarding the operations and strategy of the proposed endeavor. The main advantages of writing a detailed business plan is the offsetting the costs. Business plan enables the top management and executives in the firm to ponder about the business comprehensively, to converse the business objectives to personnel, to include a decision making base and to smooth the progress of the planning (George and Bock, 2012).
A financial ratio (or accounting ratio) is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. Financial ratios may be used by managers within a firm, by current and potential shareholders (owners) of a firm, and by a firm's creditors. Financial analysts use financial ratios to compare the strengths and weaknesses in various companies.[1] If shares in a company are traded in a financial market, the market price of the shares is used in certain financial ratios.
Ratios can be expressed as a decimal value, such as 0.10, or given as an equivalent percent value, such as 10%. Some ratios are usually quoted as percentages, especially ratios that are usually or always less than 1, such as earnings yield, while others are usually quoted as decimal numbers, especially ratios that are usually more than 1, such as P/E ratio; these latter are also called multiples. Given any ratio, one can take its reciprocal; if the ratio was above 1, the reciprocal will be below 1, and conversely. The reciprocal expresses the same information, but may be more understandable: for instance, the earnings yield can be compared with bond yields, while the P/E ratio cannot be: for example, a P/E ratio of 20 corresponds to an earnings yield of 5%.
Values used in calculating financial ratios are taken from the balance sheet, income statement, statement of cash flows or (sometimes) the statement of retained earnings. These comprise the firm's "accounting statements" or financial statements. The statements' data is based on the accounting method and accounting standards used by the organization.
Ratios
Profitability ratios
Liquidity ratios
Activity ratios (Efficiency Ratios)
Debt ratios (leveraging ratios)
Market ratios
Capital budgeting ratios
Financial ratios quantify many aspects of a business and are an integral part of the financial statement analysis. Financial ratios are categorized according to the financial aspect of the business which the ratio measures. Liquidity ratios measure the availability of cash to pay debt.[2] Activity ratios measure how quickly a firm converts non-cash assets to cash assets.[3] Debt ratios measure the firm's ability to repay long-term debt.[4] Profitability ratios measure the firm's use of its assets and control of its expenses to generate an acceptable rate of return.[5] Market ratios measure investor response to owning a company's stock and also the cost of issuing stock.[6] These are concerned with the return on investment for shareholders, and with the relationship between return and the value of an investment in company’s shares.
Financial ratios allow for comparisons
between companies
between industries
between different time periods for one company
between a single company and its industry average
Business Plan Presentation- " Beauty Salon Parlor "Kazi Reaz Rahman
This Presentation in showed the Business Plan to " Beauty Parlor " name "Beauty Salon Parlor"
I am Kazi Reaz Rahman, Student at University Of Asia Pacific
Dhaka, Bangladesh.
It is a business development proposal, designed for establishing a new venture as an entrepreneur. A new venture needs to have a detailed business proposal plan. This business proposal plan is a prescribed expression of the entrepreneurial vision along with description regarding the operations and strategy of the proposed endeavor. The main advantages of writing a detailed business plan is the offsetting the costs. Business plan enables the top management and executives in the firm to ponder about the business comprehensively, to converse the business objectives to personnel, to include a decision making base and to smooth the progress of the planning (George and Bock, 2012).
A financial ratio (or accounting ratio) is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. Financial ratios may be used by managers within a firm, by current and potential shareholders (owners) of a firm, and by a firm's creditors. Financial analysts use financial ratios to compare the strengths and weaknesses in various companies.[1] If shares in a company are traded in a financial market, the market price of the shares is used in certain financial ratios.
Ratios can be expressed as a decimal value, such as 0.10, or given as an equivalent percent value, such as 10%. Some ratios are usually quoted as percentages, especially ratios that are usually or always less than 1, such as earnings yield, while others are usually quoted as decimal numbers, especially ratios that are usually more than 1, such as P/E ratio; these latter are also called multiples. Given any ratio, one can take its reciprocal; if the ratio was above 1, the reciprocal will be below 1, and conversely. The reciprocal expresses the same information, but may be more understandable: for instance, the earnings yield can be compared with bond yields, while the P/E ratio cannot be: for example, a P/E ratio of 20 corresponds to an earnings yield of 5%.
Values used in calculating financial ratios are taken from the balance sheet, income statement, statement of cash flows or (sometimes) the statement of retained earnings. These comprise the firm's "accounting statements" or financial statements. The statements' data is based on the accounting method and accounting standards used by the organization.
Ratios
Profitability ratios
Liquidity ratios
Activity ratios (Efficiency Ratios)
Debt ratios (leveraging ratios)
Market ratios
Capital budgeting ratios
Financial ratios quantify many aspects of a business and are an integral part of the financial statement analysis. Financial ratios are categorized according to the financial aspect of the business which the ratio measures. Liquidity ratios measure the availability of cash to pay debt.[2] Activity ratios measure how quickly a firm converts non-cash assets to cash assets.[3] Debt ratios measure the firm's ability to repay long-term debt.[4] Profitability ratios measure the firm's use of its assets and control of its expenses to generate an acceptable rate of return.[5] Market ratios measure investor response to owning a company's stock and also the cost of issuing stock.[6] These are concerned with the return on investment for shareholders, and with the relationship between return and the value of an investment in company’s shares.
Financial ratios allow for comparisons
between companies
between industries
between different time periods for one company
between a single company and its industry average
Entrepreneurship plastic-recycling-projectZohaib Ahmed
This is a small business plan for entrepeneurship.......
The purpose of the Recycling Plastic Plan is to provide resources which seeks to meet the day to day need of plastic consumable,
The growing utilization of plastic in industrial and consumer applications, combined with increased consumer awareness surrounding solid waste recycling, has lead to increase demand for recycled plastic materials for recycling
Replay Plastics will capitalize on the opportunities in the recycled resin and packaging markets through two main divisions: a Recycling Division and a Packaging Division.
I hope this will help whoever is preparing for MBA. I made these slides with a friend for my Integrated Business Skills class at Studies in American Language at San Jose State University. I would like to thank Sarah Dreger Fattarsi for being a great teacher. This document is published only for the educational purpose.
About Rajesh Nalla an youngest entrepreneur.The whole funda of my project is interviewing an Youngest entrepreneur, an inspiration for all those who dreams to start their own business but are waiting for the right moment to arrive.
He inspires those people by saying that right moment is something you create not something which one waits for.
Thanks & Regards
G.Vinay kumar
Business plan - Entrepreneurship Project - Shivam JaiswalShivam Jaiswal
Entrepreneurship Project - Business Plan Sample - Beverage Shop (Name - Day's Beverages)
Include:
Executive Summary
Competitors
Our Unique Selling Proposition (USP)
Functional Structure
Our Physical Resources
Our Production Process
Our Human Resource
Marketing Strategies
Packaging
Distribution Process
Our Financial Projections and Budget
Start-up Cost
Selling Price of Products
Guys Its for you !! Download !!
For more information Contact -
facebook.com/imShivax
instagram.com/imshivax
linkedin.com/in/imshivax
The slides present a Entrepreneurial Business Plan amidst the capital city of Pakistan. It consists of all the ins and out of establishing the business alongside with its pro forma financial statements per ante.
Spintroduce - Video speed-networking platform/ app for business professionals.
the idea was to have a randomised video speed-networking for professionals that leans on linkedin
This was our pitch deck back in 2012.
The job world is changing, and knowing about these changes is what makes you stand out in the crowd. Understand the New Age Careers and how NIIT can help you plan for and achieve your dream career.
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
4. NATURE OF BUSINESS:
This is the partnership business. We will provide
services to the people. There is no other person
or company to provide such refreshment facilities
to the people of Multan and Southern Punjab.
5. VISION:
“To establish a market that would promote technical activities
in the public and lead that market with our long term
strategies”
6. MISSION:
“Our mission is to make accessible various games to the
customers of various ages groups, in a sociable environment,
even in the smaller cities, by using latest technology, so as to
ensure a stable growth of our business, that would ensure that
the company’s philosophy and core competencies are aligned
with our vision and eventually, our firm projecting a positive
image, not only for its own employees, but for our city.
8. OBJECTIVES
LONG TERM OBJECTIVES:
•To generate the loyal customer ship.
•To create a positive Image and good will of
business
•Encourage the investors to invest in our
similar future projects.
•To expand business, by increasing the Product
line.
9. SHORT TERM OBJECTIVES:
•To cover the short term expenses
•To reduce the cost, by critically analyzing the operations
of the business
•To provide friendly environment to customers
•To fulfill the need of customers from various classes of
the society
10. COMPETITIVE ADVANTAGE:
We are going to provide a completely friendly environment to
our customers
•We are going to provide different suitable packages for
everyone.
•The location is very attractive, so as to facilitate each segment
of our target market.
•The projected cash flows support our idea of expansion.
11. OPPORTUNITY ASSESSMENT:
As we know games are a healthy activity for people
also like to play games in their idle time. So we can
take the benefit of that opportunity by opening a
Gaming Zone in our city. This opportunity can give us
healthy profits and can prove beneficial for us as a
long run business.
12. RISK AND RETURNS OF OPPORTUNITY:
RISK:
We will have to build a building to open Gaming Zone in Multan. But
•After conducting survey in Multan we found that more than 70% people
are willing to have a Gaming Zone here.
•Someone else takes initiative for opening gaming zone before us and take
advantage of opportunity is also a risk for us.
•Another risk we are considering is availability of finance.
•In this modern world, the technology is rapidly changing because of that
the risk of existing technology becoming outdated is constantly there.
•Risk of new competitors is always there.
13. RETURNS:
We expect to receive return in following ways:
•We will be able to earn lot of profits because of our monopoly.
•We can earn by organizing events in our gaming zone.
•Gaming Zone is a passion for us. So internal satisfaction is the
highest return for us.
14.
15. PEST ANALYSIS
1: POLITICAL CONDITION:
For the starting of any business, the investor should analysis the political
condition of specific country. If the policies of Govt. are stable then it is
favorable for business. The tax rate is reasonable, provide rebate in
excise duty, security to wealth, no chances of war, no tight rules and
regulation then a business will efficiently operate in the country. But
unfortunately in Pakistan the political condition is not good so we have
threat from the increase rate of tax and insecurity. And also there is no
peace in Pakistan.
16. The YFL will play its minor role in the improvement of economic
conditions. This new business will provide the employment
opportunities to the people of Multan. In this way the
unemployment rate will reduce in this area. Government will get the
taxes as a result of business not only from our business but also
from the other sectors connected with us. Per captia income of
employees will increase and as a result of these the lifestyle of
city’s people also increases.
2:ECONOMIC CONDITION:
17. These days guys and girls both love to play games especially online multiplayer
games. Gone are the days of playing arcade games on computer – now it’s the
online networking games’ culture. But to enjoy all these games not everyone has
broadband connection at home. So, teens turn to gaming zones, the breeding
place of future pro-gamers. Gaming zone is like a paradise for teens. Dimly light
room filled with neon lights is what teens love. Trance background music and
soothing environment, a dream place to enjoy free time. People want places
where they can enjoy and release their mind from tensions of daily work load.
Social condition is favorable for our business. Our business will also take the
Ethical Rules into the considerations.
3:SOCIAL CONDITION:
18. 4:TECHNOLOGICAL CONDITIONS:
Due to the introducing of new technology in games, our business has consistent
threat from changes in technology. It also increases the cost of our business. For
new technology understanding we need skilled and trained persons who are the
expert in IT field. Games companies are introducing new games with good
stories, action, graphics, 3D effects and lot more every day. IN Pakistan
technology is introduced step by step. The technological conditions are becoming
favorable for the business of gaming zone. So we should hold up to date
technology for providing good and quality services. Because the people are well
aware from new technology. The technology which we have for our YFL is
computers, LCD’s, video games etc.
19. COMPETITOR ANALYSIS:
DIRECT COMPETITORS:
As we are starting YFL in Multan and there is no such type of
Gaming Zone for youth in this area. So we don’t think we have
any direct competitor in that location where our business exists.
But Outside the city there are few shops of games containing:
•Snooker
•Hand ball
•Tennis Table
As our target market is youth. So we can treat then as our direct competitors
because these are attracting the attention of youth.
23. MARKET SEGMENTATION:
We can decide to select the IT industry for the staring of our new venture .We start the
new YFL in Multan. We will divide our market into small groups on the base of our
targeted customer’s characteristics.
GEOGRAPHIC:
Our targeted customers are of different cities of Pakistan, These cities are
Muzaffargrah,
Vehari,
Khanewal, and so on……..
24. DEMOGRAPHIC:
Our target customers are youngsters with the age of 15 to 35. There is no
gender differentiation
We will also divide our targeted market into small segment on the base of buying
situation. Our customers prefer which product or service’s features most and like to
buy that product or services. The usage rate of (how many time product or services
customers buy). There is no more awareness of games in Pakistan so we should use
those promotional tools which create awareness about games in people. Our target
location where we start our business is Multan.
25. TARGET MARKET:
“A group of people for whom the marketer designs the marketing mix is
called the target market. Our target market is Children, youth Adults and
anyone who is interested in games. We will Target (2, 75,000) people per
year.
26. MARKETING PLAN:
SITUATION ANALYSIS BACK GROUND OF VENTURE:
We are the student of AU as such we have no back ground in business
field and no experience in this field but as a student of business
administration we identify the business opportunity in Multan for gaming
zone.
All partners of this business are educated and have degree of MBA.
Zohaib Ahmed
Arshad Hayat
Bilal Leghari
Ali Raza
27.
28. Strengths:
Monopoly in Gaming Zone in
Multan.
Big Target market.
New Computer Games
Good Location
Interest of teenagers in Games
Easy Promotion
Lower Cost than comparable
Competitors
29. Weaknesses:
Small Place of Business
Lack of technical how know
Lack of skilled and trained
employees
Access to Resources
Expensive Games and Hardware
30. OPPORTUNITY
Expansion of Business
Adding Conference Room
Adding fast food or mini mart in
Gaming zone
A new emerging or developing
market(niche product, place, less
competition)
New Technology
Increasing the purchasing power of
customer.
31. Threats:
Lack of energy resources
Rapidly changes in technology
New competition in the market,
possibly with new products or services
Availability of resources
Change in Political and Economic
condition
Taxation
32. Market OBJECTIVES
To increase the sales
To increase the profit margin
To reduce the cost of services
To charge reasonable prices which is
affordable for all people.
To use no distribution channels,
directly deal to our customers
To establish customers service center
for improving our services quality
To use such type of cheap promotional
tools which is promote our product’s on
wide areas
To maintain and increase the brand
image
34. After defining the marketing objectives and goals now we make market
strategies and action programs to achieve these goals. These decision
effects marketing mix of our business.
MARKETING MIX:
It is a combination of 4p’s. Product, price, place, promotion and
other marketing activities needed to meet marketing objectives.
We design marketing mix plan for the marketing of our business
gaming zone.
35. MARKETING MIX FOR GAMING ZONE
PRODUCT:
The products which we offer in our business are following:
•Table tennis
•Hand ball
•Snooker
•Computer games
•Shooting
•3D Computer games
And so many others games
36. PRICE:
Price is a component of an exchange or transaction that takes place
between two parties and refers to what must be given up by one party (i.e.,
buyer) in order to obtain something offered by another party (i.e., seller).
We will charge fee according to game.
PRICING STRATEGY
The pricing strategy which we will use according to the
research and data gathered and the situation prevailing
in our target market is value based pricing strategy.
37. PLACE:
We started our business in Shershah near Bily-Da-Dera(Multan). It is
access able for all people easily in free time. Our all products or
services are available in gaming zone.
The distribution channel which we select for our gaming zone services
is one level channel distributions involve company and consumers.
38. PROMOTION:
After starting business and providing our product or
services in the market and getting place in the market
our next step is to promote our product through thick
or thin. In order to get high market share and loyalty
of customers. We use two types of advertisements in
order to promote our services
Print Media
Electronic media
Other Sources
40. BUDGETS:
This is our advertising budget. We use two types of media. The allocation of cost is as follow:
MEDIA OBJECTIVES 1ST
YEAR 2ND
YEAR AMOUNT
ELECTRONIC
MEDIA
50% 35% 15% 25000
PRINT MEDIA 10% 10% 0% 10000
OTHER
SOURCES
60% 50% 10% 15000
42. ORGANIZATIONAL PLAN:
LEGAL FORM OF BUSINESS:
Our business is partnership of four partners. The partnership is Limited
Liability Partnership (LLP), it is controlled by Partnership Act 1932 0f
Pakistan. According to this act LLC has following features,
One or more partners are with limited liability
The firm must be registered
The capital of limited partner is not returned to him till he
remains a partner in the firm
There is at least one partner with unlimited liability
The limited partner can inspect the book of firm any time
A new partner can be admitted to the partnership firm
without the consent of limited partners.
43. OWNERSHIP
Arshad Hayat ( General Manager)
Bilal Leghari ( Manager of Computer games)
Ali Raza ( Manager of mutual games)
Zohaib Ahmed( Manager of Marketing & Account)
44. LIABILITY OF OWNER
Our partnership is limited liability partnership (LLP). According to limited
liability partnership our partners are liable only that part which they
contribute in business. Their personal property is not liable.
COSTS OF STARTING A BUSINESS:
Registration of firm name in industry
Need license for using technology
Agreement with legal advisor
Partnership deed for the conveying responsibilities, rights and duties of
partners
46. DISTRIBUTION OF PROFIT AND LOSS
50, 50 profit/loss margin
On the contributed part of capital
On the base of skills (may be not contribute capital but his
skills are very beneficial for the firm)
48. OPERATIONAL PLAN:
The operational plan includes all processes, activities and
operations that are necessary to run a business. The
operational plan of our Gaming Zone Business includes the
following activates.
PURCHASING:
We first of all have to purchase the following assets for the
operations of our business from different suppliers.
49. STAFF FOR OPERATIONS OF BUSINESS
One of us will be General Manager.
One in the computer games area.
One of us check Accounts.
One will see the snooker, hand ball and shooting game and other games.
50. PRODUCTION PLAN:
SERVICE CREATION:
•This means that how we can produce services
and how we will deliver the services to our
customers in business.
SNOOKER:
TABLE TENNIS:
CAROM, CHESS, PUZZLE AND MONOPOLY
COMPUTER & PLAYSTATION WITH 3D GAMES:
GUN SHOOTING:
HAND BALL:
OTHER GAMES
51. Breakeven
In the end of 1st
years we are taken breakeven. It means no profit and no
loss. But the land which we are taking on lease payment its breakeven occur
after 10 years according to our lease payment per month.
53. FINANCIAL PLAN:
SOURCES AND USES OF FUNDS
The ratio of the partners is as follow:
Partners Contribution Ratio 25%
Our total capital will be Rs. 57,875,774 out of this capital the partners will
contribute round about 15,000,000 and the remains will be raised from
financial institutes like: smeda, and banks etc.
Capital to be Brought in by Partners = Rs. 57,875,774
Borrowed Amount (Loan) = Rs. 15,000,000
Total Initial Investment Rs. 72,875,774
54. KEY ASSUMPTIONS
Revenue is Increased @ 20% per Year
Cost of Services is Increased @ 15% per Year
Salaries are Increased @ 5% each Year
Repair and Maintenance Expenses are Increased @ 20% each Year
Fuel and Utilities Expenses are Increased @ 10% per year
Retained Earnings are 75% of the Net Income
Interest Rate on Loan is 14%
Rental value of tender increased annually by 10%.
Other assumptions are further mention in the notes to these projected
financial statements.
55. YOUTH FUN LAND INCOME STATMENT
FOR THE YEAR ENDED
DISCRIPTION RS.
NET REVENUE 31,656,800
Salaries 1852,000
Stationary Expense 1,000
Rent Expense 1200,000
Marketing and Promotion 16,000
Repairs and Maintenance 250,000
Electricity Expense 500,000
Phone and Internet 96,000
Misc Utilities 50,000
Depreciation Expense 195100
Total Expenses 3760100
OPERATING PROFIT 2136700
EBIT 22936700
Interest on Loan Expense 1400000
Profit before Tax 21536700
Tax (5%) of N.I 2153670
NET INCOME 19383030
Retained Earnings 75% OF N.I 14537273
56. YOUTH FUN LAND BALANCE SHEET
AT THE YEAR ENDED 2014 .
ASSETS RS
FIXED ASSETS
Snooker 100,000
Carom 2000
Computers 5,00,000
Swimming 1,00,000
Hockey 62,500
Play Stations 62,500
Basket Ball 30,000
LCD’s 250,000
Valley Ball 30,000
Sound System 50,000
Furniture & Fixture 300,000
Projectors 50,000
Archery 10,000
Office Equipment 10,000
Security Cameras 15,000
Badminton 15.000
A.C.s 100,000
Generator 200,000
Lights fans And Décor 50,000
Table Tennis 25,000
Shooting Gun 25,000
NET FIXED ASSETS 19,87,000
CURRENT ASSET
Cash in Hand 3,00,000
Cash at Bank 5,10,000
TOTAL CURRENT ASSETS 8,10,000
TOTAL 27,970,000
57. LIABILITIES RS.
Loan 15,000,000
Profit Payable to Partners 200,000
TOTAL LIABILITIES 15,200,000
EQUITY
Capital 57,875,774
Retained Earnings 14,537,273
TOTAL 72413047
58. NOTES:
NOTE # 1
TOTAL ANNUAL REVENUE
Year 1 (Rs)
Total Annual Revenue from Games 31,656,800
TOTAL REVENUE 31,656,800
It is assumed that:
There are 360 working days in a Year
60. Note # 3
TENDER LEASE MONTHLY:
The building is acquired on lease
and as per agreement the monthly
lease payment for the building is Rs.
480000 for the first 10 years. The
lease payment for the First year is to
be paid in advance
Monthly Lease = Rs. 480000
Annual Lease = Rs. 480000 x
12 = Rs.5760000
61. Annual Cost
Rs
Banner (Flex) 25,000
Brochures 10,000
Other Sources 15,000
Total 50,000
NOTE # 4
MARKETING AND PROMOTIONS:
62. ASSETS COST RESIDUA
L VALUE
BOOK
VALUE
DEPRECIATI
ON RATE%
ANNUA
L DEP
Snooker 100,000 20,000 80000 15 12000
Carom 2000 500 1500 10 150
Computer
s
500,000 75000 425000 10 42,500
Play
Stations
62,500 15000 55000 15 8,200
LCD’s 250,000 30000 220000 10 22,000
Sound
System
50,000 5000 45000 15 6,750
Furniture
& Fixture
300,000 50000 250000 15 37,500
NOTE # 5
DEPRECIATION