soupy delight pte ltd

Assumptions $($Given$)$:

a$)$ Sells only $1$ product $$Ready$-$for$-$Sale Chicken Soup$.$ Purchase from supplier.

b$)$ Initial Investment $($Equity: own money$)$: $$10,000.$ No other investors.

c$)$ Loan from bank: $$50,000,$ duration $4$ years, Interest rate @ $5\%($simple interest, no compounding$).$ Pay only interest each month; Principal repayable only at the end of the loan duration.

d$)$ Initial renovation & shop set$-$up costs: $$20,000|$ Useful life: $3$ years

e$)$ Prepaid $1-$year Insurance: $$1,200$

f$)$ Shop rental per month @ $$3,000$ due at the start of each month.

g$)$ Refundable Shop Deposit @ $3$ months$$ x $$3,000=$ $$9,000$

h$)$ Manpower forecast: Month $1$ to $4$: $1$ staff $|$ Month $5$ to $12$: $2$ staff

i$)$ Renumeration of $1$ staff $=$ Salary $($fixed monthly$-$base$)$ $$1,200+10\%$ Commission on Selling Price per unit sold Soupy