This is an outline of a budget to start with:
Please note your thoughts or sms or e-mail me .
The bottom line is that every table should pay R100 per week which will cover set up fee and monthly rental. I have worked on 80% occupancy rate (8 tables) and five people to provide the startup finance of R2 610 each - naturally we will try better/best prices.
The columns below is distorted on the blog, but the figures work out. My office will run the 'collection' and allocation of funds to the 'investors'. They will probably be: Jean, Amanda, Jenny, Hansie, Gary?, Thebs? Each contributor will pay R2600 and get R2700 back over 9 months.
Budget for Herbalife central club:
First month's rental 1,500
flyers = 2,600
Lockers = 3,800
Blenders 10 x 185 = 1,850
Banners 4 x 500 = 2,000
tablecloths 10 x 100 = 1,000
sundries 10 x 30 = 300
total: 13,050
collection cost: 652.50
13,702.50
divided by 5 'investors' = 2,610 each
repayable over: 9 months
interest rate: 21%
pmt: R -1,579.81 monthly in total = R -315.96 per investor
R -2,701.47 total per investor
tables: 10
default: -2
8
fee per table set up: R 197.48
monthly fee: 206.25
R 403.73
weekly: R 100.93
hansie - 082 773 4022
e-mail: hansie@anamcara.co.za
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