You are starting a business of selling ‘grilled rice’ – where you grill aluminum rice bowls containing chicken, beef or fish on charcoal with curry, chilly or rendang flavours. You are selling it at RM 6.00 per bowl. The profit margin is 50%. Each stall is costing RM 2,000 including all equipment. Two person will be operating on each stall. It will open 14 hours a day from 6.00am to 8.00pm every day. You plan to start with 2 stalls in front of Speed 99 chain stores ( with special arrangement). You hope to expand by adding 2 stalls every month for the next 5 years. Your daily overheads will be RM 100.00 of payroll, RM 50.00 of charcoal. Raw rice packed in aluminum bowl will be ready made supplied in a storiforms boxes prepared from home. It will take 5 minutes to cook a bowl of rice. It is expected that you can cook about 20 rice bowl simultaneously. In a day it is expected that 200 rice bowl can be sold in each stall.
Prepare a Cashflow projection of the business operation for every month and year for the next five years.
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