Make a financial forecast for a small tea shop. sample has given below. Financial forecasting We will

Make a financial forecast for a small tea shop. sample has given below.

 

 
 
 

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Financial forecasting We will need a budget of BDT 2million we will get it from the sponsors. Since it is not possible to get a bank loan in 1st 3 years of business so we are ignoring any debt option for financing. Shurovi Income Statement For the year of 2019 Sales revenue 2019 2020 500,000 1,200,000 2021 3,500,000 Operating expense Rent 270,000 360,000 Salary 550,000 950,000 360,000 1,100,000 Maintenance overhead 170,000 170,000 170,000 Total operating expense 990,000 1,480,000 1,630,000 EBIT (490,000) -(280,000) 1,870,000 Interest expense - EBT -(490,000) Tax (35%) -(280,000) 1,870,000 654,500 Financial forecasting We will need a budget of BDT 2million we will get it from the sponsors. Since it is not possible to get a bank loan in 1st 3 years of business so we are ignoring any debt option for financing. Shurovi Income Statement For the year of 2019 Sales revenue 2019 2020 500,000 1,200,000 2021 3,500,000 Operating expense Rent 270,000 360,000 Salary 550,000 950,000 360,000 1,100,000 Maintenance overhead 170,000 170,000 170,000 Total operating expense 990,000 1,480,000 1,630,000 EBIT (490,000) -(280,000) 1,870,000 Interest expense - EBT -(490,000) Tax (35%) -(280,000) 1,870,000 654,500