Monday, November 7, 2011

Financial Planning and Budgeting 101

Since October, I have started preparing the financial projection. Thanks to Helena for giving advises and guiding me to come out with the complete costing. Somehow, my experience at the College too has come in handy for this! Though I can make magic here and there, things look flowery on paper. But what will happen in reality? Just look at the summary of the 3-year projection below...

YEAR
2012
2013
2014
PBT
(66,796)
90,934
102,453

-68%
26%
25%
 TAXATION (25%)
-
-
-
 PAT
(66,796)
90,934
102,453
 NET PROFIT MARGIN
-68%
26%
25%