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Tuesday, February 2, 2010

Workers all set to get revision in minimum wages

Workers all set to get revision in minimum wages

The workers in Nepal are set to get a wage revision, what with the Labour Advisory Committee supporting the agreement between industry owners and workers on the question of increasing the minimum wages. A meeting of the committee chaired by Mr Lekh Raj Bhatia, Minister for Labour and Transport endorsed the proposal.According to the agreement, the minimum monthly wages for a highly skilled worker would be Rs 4,950, for skilled Rs 4,760, semi-skilled Rs 4,650 and for unskilled Rs 4,600. It was also decided that this wage revision would not be applicable for the workers of the jute industry.A task force would be set up to give their recommendations of whether, the news standards of wages should be applicable to the jute industry, since it has to stand up to competition from the Indian jute industry, the suggestions for which would be tendered in a period of 15 days.Another committee would recommend on likely measures expected from the government to help the labour intensive carpet and garment industry as the impact would be widely felt in these industries too.

We will not declare state of ind

We will not declare state of ind
ustrial crisis’– Ms Shakya, Minister March 17, 2009 (Nepal)
The Minister for Industry, Ms Shakya announced that the government would not declare a state of industrial turmoil and crisis, but would implement policies and measures to solve the industrial problems faced by the business community.Ms Shakya said this while addressing a delegation of members from different trade association bodies, including Nepalese Chambers of Commerce and Industry (FNCCI), who had earlier urged the Nepalese government to declare a state of industrial crisis in the country. The members of the trade associations have put up various demands, including waiver of demand fee for electricity, a right to close units if requisite government help is not forthcoming, frame policy for ‘no work, no pay’ and declare industrial zones as no strike areas.According to Mr Joshi, President of FNCCI, if the government does not come forward to help the industry on an urgent basis, many companies would face closure in the next few weeks, leading to mass un-employment among workers.

Workers all set to get revision in minimum wages

Workers all set to get revision in minimum wages

The workers in Nepal are set to get a wage revision, what with the Labour Advisory Committee supporting the agreement between industry owners and workers on the question of increasing the minimum wages. A meeting of the committee chaired by Mr Lekh Raj Bhatia, Minister for Labour and Transport endorsed the proposal.According to the agreement, the minimum monthly wages for a highly skilled worker would be Rs 4,950, for skilled Rs 4,760, semi-skilled Rs 4,650 and for unskilled Rs 4,600. It was also decided that this wage revision would not be applicable for the workers of the jute industry.A task force would be set up to give their recommendations of whether, the news standards of wages should be applicable to the jute industry, since it has to stand up to competition from the Indian jute industry, the suggestions for which would be tendered in a period of 15 days.Another committee would recommend on likely measures expected from the government to help the labour intensive carpet and garment industry as the impact would be widely felt in these industries too.

‘We will not declare state of industrial crisis’– Ms Shakya, Minister

‘We will not declare state of industrial crisis’– Ms Shakya, Minister

The Minister for Industry, Ms Shakya announced that the government would not declare a state of industrial turmoil and crisis, but would implement policies and measures to solve the industrial problems faced by the business community.Ms Shakya said this while addressing a delegation of members from different trade association bodies, including Nepalese Chambers of Commerce and Industry (FNCCI), who had earlier urged the Nepalese government to declare a state of industrial crisis in the country. The members of the trade associations have put up various demands, including waiver of demand fee for electricity, a right to close units if requisite government help is not forthcoming, frame policy for ‘no work, no pay’ and declare industrial zones as no strike areas.According to Mr Joshi, President of FNCCI, if the government does not come forward to help the industry on an urgent basis, many companies would face closure in the next few weeks, leading to mass un-employment among workers.

Excellence awards for Small Scale Industries

Excellence awards for Small Scale Industries
Much-awaited Small Entrepreneur Excellence (SEE) Awards have been instituted by SMElink Project by PlaNet Finance in association with local project partners including Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Federation of Handicrafts Association of Nepal (FHAN).Cottage and Small Scale Industries should have easy market access at both, domestic as well as international levels, said Ms. Pramila Rijal, President of FWEAN at the award announcement program. There are nearly 5 lakh women entrepreneurs engaged in Cottage and Small Scale Industries across the country, she said.SMElink is designed in a manner to promote small scale industries at higher levels, said FHAN President, Mr. Pushkar Man Shakya while speaking in the program. There is a scope to double the export volume of Nepal, though it is satisfactory as of date. To improve this export volume country needs economic diplomacy, said Mr. Shakya.He further informed about upcoming handicrafts event, ‘The Eighth Handicraft Trade Fair and Sixth Craft Competition’, which will be organized by FHAN in co-operation with PlaNet Finance during 5th and 8th November. SMElink project, a three-project program, is funded by the European Commission in its Asia Invest budget line that started in September 2007. This project aims at developing marketability and competitiveness of Small and Medium Enterprises (SMEs) of Nepal.This is to improve the export capacity of SMEs in the European markets, initially in the sectors of Jewelry & Metal-craft, Pashmina and Tourism.

Fibre2fashion News Desk - India

Excellence awards for Small Scale Industries

Excellence awards for Small Scale Industries

Much-awaited Small Entrepreneur Excellence (SEE) Awards have been instituted by SMElink Project by PlaNet Finance in association with local project partners including Federation of Women Entrepreneurs’ Association of Nepal (FWEAN) and Federation of Handicrafts Association of Nepal (FHAN).Cottage and Small Scale Industries should have easy market access at both, domestic as well as international levels, said Ms. Pramila Rijal, President of FWEAN at the award announcement program. There are nearly 5 lakh women entrepreneurs engaged in Cottage and Small Scale Industries across the country, she said.SMElink is designed in a manner to promote small scale industries at higher levels, said FHAN President, Mr. Pushkar Man Shakya while speaking in the program. There is a scope to double the export volume of Nepal, though it is satisfactory as of date. To improve this export volume country needs economic diplomacy, said Mr. Shakya.He further informed about upcoming handicrafts event, ‘The Eighth Handicraft Trade Fair and Sixth Craft Competition’, which will be organized by FHAN in co-operation with PlaNet Finance during 5th and 8th November. SMElink project, a three-project program, is funded by the European Commission in its Asia Invest budget line that started in September 2007. This project aims at developing marketability and competitiveness of Small and Medium Enterprises (SMEs) of Nepal.This is to improve the export capacity of SMEs in the European markets, initially in the sectors of Jewelry & Metal-craft, Pashmina and Tourism.

US interested in signing trade pact with Nepal

The United States is showing interest in signing a bilateral trade and investment agreement with Nepal. It had sent a draft proposal on a probable agreement to the country last month, in order to boost trade and investment between the two countries, informed Mr. Chiranjivi Nepal, Adviser to Foreign Minister Sujata Koirala.The South Asian Country is studying the draft proposal and its contents. This trade pact, if signed, would prove to be helpful to augment garment exports from the country to the US, believe officials of Nepal.Ms. Koirala had lobbied with Senators for duty-free access to Nepali readymade garments during her recent visit to US, which is a second biggest investor in Nepal after India. As per the statistics from Nepal Garments Association, over the past few years Nepali garments are witnessing a plunge of 80 percent in exports to the US. Currently, there are about 1,570 foreign investment projects operating in the country, worth around US $2.13 billion.

Political interference takes toll on state-owned industries

Political interference takes toll on state-owned industries
November 07, 2009 (Nepal)
Financial health of state-owned industries has been severely impacted by the political interference, admitted Minister for Industry Mr. Mahendra Raya Yadav. He informed that the Ministry is of the view to sell properties of the country's oldest and largest mills through a tender procedure. A special economic zone (SEZ) would be set up on land of Biratnagar Jute Mill, he added.On 3rd September the government put this mill into pay-off system; however, the mill workers have been denied their promised wages. In addition to this, various state-owned industries as well as the mills functioning in Sunsari-Morang corridor would be moved to SEZ.Sluggishness of the ministries had hampered handing over process of multi-fuel plant to the private sector, he said.

Nepal

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Friday, January 29, 2010

XI. FLORICULTURE

XI. FLORICULTURE

Due to the variation in climate, topography and vegetation, Nepal has a diversity of ornamental plants which could be scientifically cultivated to promote export oriented business. The flower and orchid industry is presently concentrated in the Kathmandu valley. The commercial development of floriculture is still a very early stage of development. Out of nearly 25 flower growers, only 3 have entered export business in recent times. The development of tissue culture initiated by the National Herbarium and Plant Laboratory at Godavari is opening up opportunities for mass production of flowers which could be exported from Nepal. Already tissue culture method pf propagation has been successfully developed in the production of orchids and other cut flower species carnation and chrysanthemums have also been similarly developed.
Prospects for the development of floriculture business are excellent especially for the following species of orchids: cymbidiums, dendrobiums, calanthe, ceologyne. Similarly in other cut flowers carnations, gerbera, rose, gladiolus primulinus, iris polyanthes, chrysanthemum, narcissus tazella offer very good prospects. It is also feasible to introduce the following varieties for commercial development in Nepal: Exotic orchids - paphiopedilum, cattelya hybrids, arachris, epidendrons, mokara, oncidium and odontoglossums; exotic cut flowers - tulipa. anthurium, alstroemeria, freesia and gysophilila.
Foreign collaboration for the development of floriculture to provide technical know-how for cultivation of flowers is required to meet the standards demanded in international markets and to provide guidance in market identification and development. The availability of direct flight connections to Frankfurt, London, Dubai, New Delhi, Singapore and Hongkong offer good prospects for the development of a profitable export oriented floriculture business in Nepal.

X. INTEGRATED POULTRY DEVELOPMENT

X. INTEGRATED POULTRY DEVELOPMENT

The production of eggs and chicken in 1988/89 was estimated to be around 274 million and 10.2 million respectively. Local production is supplemented by imports from India. The average annual yields of egg and meat are low being around 84 eggs 1.6 kg. of meat. Low production and productivity in poultry farming is due to poor foundation stock and feed, and dis-economies of scale due to small scale operations. Commercial poultry enterprises are concentrated in the urban areas, with 15 of the 18 major hatcheries located in Kathmandu valley.
Integrated poultry development projects using modern breeding techniques with high yielding foundation stock combined with a large flock would be profitable venture as it could achieve economies of scale and offer poultry products at a competitive price to serve the unsatisfied demand in the country. A poultry feed mill using raw materials readily available in the country such as grains, bran, oil cake, bone meal could form an integral part of such a project. The production of eggs and chicken from such a project would help to meet growing local demand and also offer opportunities for export to neighbouring countries.

X. INTEGRATED POULTRY DEVELOPMENT

X. INTEGRATED POULTRY DEVELOPMENT

The production of eggs and chicken in 1988/89 was estimated to be around 274 million and 10.2 million respectively. Local production is supplemented by imports from India. The average annual yields of egg and meat are low being around 84 eggs 1.6 kg. of meat. Low production and productivity in poultry farming is due to poor foundation stock and feed, and dis-economies of scale due to small scale operations. Commercial poultry enterprises are concentrated in the urban areas, with 15 of the 18 major hatcheries located in Kathmandu valley.
Integrated poultry development projects using modern breeding techniques with high yielding foundation stock combined with a large flock would be profitable venture as it could achieve economies of scale and offer poultry products at a competitive price to serve the unsatisfied demand in the country. A poultry feed mill using raw materials readily available in the country such as grains, bran, oil cake, bone meal could form an integral part of such a project. The production of eggs and chicken from such a project would help to meet growing local demand and also offer opportunities for export to neighbouring countries.

IX. INTEGRATED DAIRY INDUSTRY

IX. INTEGRATED DAIRY INDUSTRY

Nepal is a net importer of dairy products. The import of milk products - powder, condensed concentrate, butter, cheese - is estimated to exceed Rs. 120 mn. per annum. Despite these imports there is a severe shortage of fresh milk, infant milk and other milk products in the country.
Nepal has a long tradition in dairy farming. In fact Nepal has in the past exported milk products to India and Tibet in the form of ghee. She could develop the dairy industry to meet domestic demand as well as to renew exports to India and other markets. The topographical and climatic conditions are well suited to dairy development. An integrated dairy industry incorporating related activities such as improved livestock breeding, cattle feed production and processing of milk products would offer promising prospects for profitable investment. Such a project could build up on existing small dairy units spread around the country through a well organised programme of extension services to improve livestock breeds and an efficient collection system for processing in a central unit.

INVESTMENT OPPORTUNITIES

INVESTMENT OPPORTUNITIES

I. MEDICINAL AND AROMATIC PLANTS

Due to varied agro-climatic environment, Nepal is very rich in medicinal and aromatic plants with over 700 plant species. The collection of such plants from wild sources has been practised since ancient times. With the establishment of the Royal Drugs Research Laboratory in 1962 the commercial utilisation of medicinal plants has been encouraged. More than 300 species have been screened and studied and extraction of diosgenin, reserpine, alkaloids of belledona, glycosides of digitalis, lemon grass oil, rosin, turpentine and menthol has commenced. Nepal, a traditional exporter of crude herbs, is now gradually emerging as an exporter of processed herbs and aromatic plants. In recent times commercial cultivation of medicinal plants such as atropa belladona and aromatic plants such as palmarosa, lemon grass, citronela and mentha arvensis have assumed importance. Recent studies also indicate good prospects for the cultivation and processing of chrysanthemum cinerariaefolium (pyrethrum), claviceps purpurea (Ergot), digitalis lanata, eucalyptus camaldulensis, glycyrrhiza flabra, mucuna pruriens, piper longum and valeriana wallichi.
The medicinal and aromatic plants can be exploited for the production of following: essential oils from lemon grass, citronella, palmarosa and mint, oleoresin from ginger, large cardamons, timur and tejpat; turpentine oil and rosin from chir pine; medicines from valeriana wallichii, calamous acrous and nardostachye jatamanshi. In addition to traditional medicines and essential oils, herbs and essences also have a potential as a raw material for the production of cosmetics and perfumes, herbal teas and natural health products.

II. MUSHROOM CULTIVATION

Many varieties of edible mushrooms are found in a wild state in the Terai lowlands, the hills and mountains of Nepal. Two rare varieties similiar to European types known as "Guchchi" and "Varsha Gumba" are found in the hills and mountains under natural conditions. Among the cultivated varieties, agaricus bisporus, pleorotus spp and volvariella are important. The temperature and humidity conditions necessary for growing agaricus bisporus (button mushroom) are very satisfactory in the hilly regions during some seasons. The pleorotus spp. (oyster mushroom) and volvariella (paddy straw mushroom) grow easily during most seasons. The Kathmandu valley has temperature, humidity and other biological factors suitable for the cultivation of these two varietiesof mushrooms throughout the year.
The Plant Pathology section of the Department of Agriculture's research stations at Khumaltar (Kathmandu valley) is producing mushroom spawn. This unit has well qualified staff to undertake research, spawn production and for extension work.
The potential for mushroom production on a commercial scale is good speacially with a view to marketing overseas as fresh mushroom, dried mushroom and canned mushroom.

III. VEGETABLE SEED PRODUCTION

A wide variation in agro-climatic regions from tropical to temperate and alpine climates provides opportunities to produce seed of a wide range of varieties. More importantly, the pockets of micro-climates seperated by high mountains provide ideal environments where the risk of loosing parental lines of high value seeds is minimal. Vegetable seed production is undertaken in 15 different areas with the following 4 special areas highly successful in the production of a variety of seeds: Thak Marpha in the Western Development Region (elevation 2516 m.) - cabbage, carrot, cress, peas, turnip, broad leaf mustard; Mushikot in the Mid-Western Development Region (elevation 1460 m.) - onion, radish, cauliflower, peas, turnip, spinach, capsicum, knolkohl; Kathmandu calley in the Central Development Region (elevation 60 M.) - cauliflower, cress, spinach, turnip, radish, broad leaf mustard; sarlahi in the Central Development Region (elevation 60 M) - tomato, egg plant, cucurbits, capsicum, spinach, peas, okra.
Nepal has well qualified vegetable seed agronomists and vegetable seed breeders. The vegetable development division in the Department of Agriculture has many regional farms located in different agro-climatic regions with well equipped production, cleaning and storage facilities. The division can also provide technical supervision and quality control services through well equipped seed testing laboratories.
Very good potential exists in Nepal for the establishment of vegetable seed farms catering to both domestic and foreign markets. Potential markets in India, Bangladesh, Sri Lanka, Pakistan and Thailand could be developed successfully. The seed quality standards in these countries are close to Nepalese seed standards. Export markets in American and European countries too could be tapped with the participation of investors from these counntries.

IV. FLOWER SEEDS

Due to varying ago climatic conditions Nepal is in an unique position to produce a wide variety of flowering seeds which could be sold in international markets. In the summer season zinnia, marigold, gladiolus, salvia, dahlia, canna are grown extensively. In winter and spring most of the annual flowers such as bellies, dianthus, pansy, antirrhinum, helichrysum, aapaver, verbena, sun flower and so on are grown. The potential for seed production of the following varieties, in particular, has been identified as being very good: anemone sp., aster, chrysanthemum morifolium, elsholtzia californica (california poppies), lathryus odoratus (sweet peas).
The availability of varied climatic conditions and inexpensive labour provide Nepal a comparative advantage to produce flower seeds at low cost. Commercial production and export of flower seeds require maintenance of high technical standards and good supervision. Technology and expertise of foreign companies could be effectively employed to develop this profitable agro-business in Nepal.

V. VEGETABLE PRODUCTION FOR EXPORT

Due to the variety of agro climatic regions and fertile soils Nepal produces a wide variety of vegetables of good quality. The major items of vegetables grown on a commercial scale are cabbage, carrot, turnip, radish, cauliflower, peas, capsicum, egg plant, tomato, okra, knol kohl, beans and cucumber. The major centres of vegetable production are in the Kathmandu valley and in the Dhanusa, Sarlahi, Bara, Makawanpur and Chitwan districts. Almost the entire production of vegetables is consumed within the country, though some exports to India and Tibet are taking place. Recently the production of snow peas for export to Japan has got off to a satisfactory atart and other items like french bean are to be produced for export. This has clearly demonstrated the potential which exists for the production of a few special varieties of vegetables on a commercial scale for export. Foreign investment for the scientific cultivation of vegetables for export would be a profitable business.
VI. FRUIT PROCESSING

Nepal is endowed with good ecological conditions for the cultivation of a variety of fruits. At present citrus fruits, apple, banana, pine appple, mango, pear, litchi, guava, peach, plum and apricot are available in sufficiently large quantities. Plans are also underway to increase the area under cultivation through commercial fruit development programmes. The total quantity of fruits produced is estimated around 480,000 mt. Fruit processing industries consume a fair proportion of total production. Two important fruit processing industries are engaged in the produvtion of fruit squash, fruit juice, jams, jellies, marmalades and fruit salad. Some of these products are exported from Nepal. Opportunities exist for the setting up of industries to process fruits for sale in export market as fruit juices and squash, jams and jellies and fruit based special liquors.

VII. TEA DEVELOPMENT

Nepal has commenced commercial production of tea only in comparatively recent times. The Nepal Tea Development Corporation, a government agency owns seven gardens with a total area of around 880 hectares. In addition the private sector owns tea gardens with a total area of around 1250 hectares. These tea growing areas are in the Eastern districts of Ilam, Panchthar Tehrathum and Dhankuta, almost adjacent to the world renowned tea gardens of darjeeling in India.
The government has given high priority to increase tae production in the Eastern Districts with a view to achieving self-sufficiency in tea and to export high quality teas to overseas market. In order to encourage tea cultivation exemption from the land ceiling law has been provided.
Good prospect exist for the production of quality orthodox teas in Nepal similar to the Darjeeling tea produced in India. Improved cultural practises, latest technical know-how and efficient management systems are required to bring the tea industry in line with the other tea producing countries in the region.

VIII. SERICULTURE

The development of sericulture has been identified as offering very good potential for development in the mid-hills and Terai belt of Nepal by experts from Japan, Korea, China and India. Agro-climatic conditions in these areas favour the cultivation of mulberry and teh rearing of cocoons. The Government has set up a nucleus centre at Khopasi about 35 km. east of Kathmandu in 1975. The centre initially served as a demonstration centre and later expanded its activities to provide training, extension and reserach functions. In 1991/92 it will also function as a major silkworm egg breeding station. Nepal has developed six bivoltine lines and these will be used to produce hybrid silkworm eggs in the country. The preferred production technology in Nepal is the temperate bivoltine technology which is simple and easily asaptable by small farmers.
On a very preliminary assessment mulberry cultivation could be extended over an extent of 6000 hectares which could yield around 350 tonnes of raw silk and 85 tonnes of waste silk. The value of silk fabric from this level of production could exceed Rs. 1800 mn. Private investment to encourage mulberry cultivation and cocoon rearing by small farmers could be developed successfully in Nepal. Post cocoon activities involving reeling, twisting, weaving and production of items out of silk fabric could be developed as medium-scale industries.

Sunday, January 17, 2010

Restaurant business plan financials

Restaurant business plan financials
Trend setting financial application written in MS Excel that has no competition when it comes to close-to-reality projections.
You will not find a better solution as specific, as detailed, and as automated. For consultants there is no limit to the number of projections and business plans that can be created. Enter some main assumptions, and start entering your financial data into the clearly marked cells. Use it for a restaurant business plan as well as for ongoing monitoring of your restaurant business.
Key advantages
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Validation checks for data consistency.
Development can start up to 5 years prior to operations.
Fiscal year and forecasts can start in any month.
Forecasts include months, quarters, and years.
Up to 5 years can be forecast in one financial workbook, with no limit if multiple workbooks are used.
Views are collapsible for clear summaries.
Costs can be split between fixed and variable cost for contribution, break-even and similar analyses.
Projected balance sheets that are always balanced.
More than 40 charts illustrate trends in expenses, sales, revenues, cash flow and more.
If you have purchased the Standard Edition -SE- you can enjoy more detailed financial analysis and reports that surpass even the most expensive accounting programs.

Restaurant business plan

Restaurant business plan templateThe preferred format restaurant business plan template for investors, SBA, banks and angel investors in MS Word format.
You don't have to create your own contents from scratch or delete most of it as may be the case with a sample plan. You'll also get the most professional printed results. The restaurant business plan template is fully geared towards the restaurant business. Easily add project plans, phasing diagrams, floor plans, specific plans and more as is needed. Easily insert financial data from the financial application.

PLAN YOUR RESTAURANT BETTER AND FASTER

PLAN YOUR RESTAURANT BETTER AND FASTER
Write a restaurant business plan
PlanMagic Restaurant offers you easy to use well written restaurant business plan template in a popular word processor format, a fully automated close-to-reality financial projection application in MS Excel, an easy to use presentation template, and a comprehensive business plan guide. The Standard Edition (SE) includes more state-of-the-art financial analysis tools.

NOW PLAN TO STARTUP, EXPAND OR MONITOR A RESTAURANT THE EASY WAY
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It's the easiest to use restaurant business plan program available today. A program that produces faster results than any other, and is brought to you by a company with over 25 years of related experience. It is a helpful business plan program and offers the necessary flexibility. Its structure is the preferred format today and it offers you a template that includes all that should be included in a restaurant business plan geared toward success. The financial application is among the best in the world.
Designed to help restaurateurs make smarter decisions faster and easier, it's the best value your money can buy when it comes to restaurant business plan software.

Restaurant business plan templateThe preferred format restaurant business plan template for investors, SBA, banks and angel investors in MS Word format.
You don't have to create your own contents from scratch or delete most of it as may be the case with a sample plan. You'll also get the most professional printed results. The restaurant business plan template is fully geared towards the restaurant business. Easily add project plans, phasing diagrams, floor plans, specific plans and more as is needed. Easily insert financial data from the financial application.

Roth IRA Rules- Know Before You Invest

Roth IRA Rules- Know Before You Invest
Posted by: admin In: Roth IRA
Understanding the rules is the key to making any investment a good investment. Roth IRA rules are fairly simple, which is what makes the investment a popular one. However, you should still make sure that you understand them fully before you get in over your head with retirement accounts. Here are the main rules and guidelines that you need to know about with this specific type of investment:
Read the rest of this entry »

IMPROVE YOUR BUSINESS WITH A MARKETING PLAN

IMPROVE YOUR BUSINESS WITH A MARKETING PLAN
WRITE A THOROUGH MARKETING PLAN
PlanMagic Marketing offers you a pre-written marketing plan template in a popular format, easy to use well thought-out marketing analysis and marketing plan workbook in a popular spreadsheet format, fully automated financials with a unique yet indispensable product line and products per product line generator, an easy to use presentation template, a comprehensive marketing plan guide, and more.

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Marketing plan templatePre-written marketing plan template in MS Word format.
You don't have to create your own contents from scratch or delete most of it as may be the case with a sample plan. You'll also get the most professional printed results. The program includes the marketing plan template Easily add project plans, phasing diagrams, floor plans, specific plans and more as is needed. Easily insert data from the marketing application.

Construction business plan financials

Construction business plan financials
Trend setting construction financial application written in MS Excel that has no competition when it comes to close-to-reality construction business projections.
You will not find a better solution as specific, as detailed, and as automated. For consultants there is no limit to the number of projections and construction business plans that can be created. Enter some main assumptions, and start entering your financial data into the clearly marked cells. Use it for a construction or contractor business plan as well as for ongoing monitoring of your construction business.
Key advantages
Offers PlanMagic's Smart Entry System (SES)™ to minimize and significantly speed up data entry.
Validation checks for data consistency.
Development can start up to 5 years prior to operations.
Fiscal year and forecasts can start in any month.
Forecasts include months, quarters, and years.
Up to 5 years can be forecast in one financial workbook, with no limit if multiple workbooks are used.
Views are collapsible for clear summaries.
Costs can be split between fixed and variable cost for contribution, break-even and similar analyses.
Projected balance sheets that are always balanced.
More than 40 charts illustrate trends in expenses, sales, revenues, cash flow and more.
If you have purchased the Advanced Edition -AE-, you can add more product lines and more specific projects and enjoy more detailed financial analysis reports that surpass even the most expensive accounting programs.


PlanMagic Construction Financial Application
The Ultimate in Modern Construction Business Financial Planning & Analysisfor any type of contractor, or construction businesses
- Assumptions (General, form, financial, inventory, loans, tax, franchise, product mix, tax, dividend, and more)- Investment budget (unlimited number of new/existing assets, depreciation schedule using SLN, DB, DDB or SYD)- Funding (shareholders' capital, unlimited number of new/existing loans, deferred loans, flexible loans, amortization - 5 years)- Beginning balance sheet (with/without historic data)- Personnel wizard - add persons, groups or departments (max. 10), monthly and quarterly (3 years), annual (5 years)- Personnel assumptions - payroll burden, hourly/overtime rates, bonuses payment schedule- Personnel plan monthly & quarterly (3 years) - with headcount, payroll, overtime, bonuses and payroll burden summary- Personnel plan annual (5 years)
PROJECTS - Recurring projects details - add up to 3 project lines and up to 5 recurring project types per project line.Sales are estimated by adding the number of each recurring project type per month for the first year. The 2nd and 3rd year are pre-filled and can be adjusted with a growth % per project line, or overwritten. The 4th and 5th year are pre-filled with number of projects and sales amounts based on previous years averages, or can be overwritten.- Specific projects details - add up to 15 (AE up to 50) specific project details.By entering the start date of the unique project, the sales amounts are calculated according to project details, and payment schedules and inserted into the sales projections where appropriate.PRODUCTS (On/Off)- Products wizard to add up to 5 product lines (or market areas) and unlimited products per product line.Enter product details & cost of goods with minimum stock level entry (3 years) - Add/Edit/Remove product lines and products using the wizard.- Sales projections monthly & quarterly (3 years)Recurring projects: enter sales by units per month, Unique projects: automatically inserted according to project start date, Products: enter sales by units or amounts, or in bulk.- Sales projections annual (5 years)- Income statement (Profit & Loss) monthly & quarterly (3 years) - with automated discounts & returns, bad debts and losses & thefts.- Income statement (Profit & Loss) annual (5 years) - with EBITDA and earnings per share details for companies- Cash flow projection monthly & quarterly (3 years) - direct method used- Cash flow projection annual (5 years)- Balance sheet projection monthly (3 years)- Balance sheet projection annual (5 years) - with no. of shares issued and net asset value per share details- Notes to the financial statements - with automated data from the projections- Tax accounts - sales and income tax- Inventory account (5 years)
CONSTRUCTION BUSINESS ANALYSIS
- Historic ratios (3 years)- Projected ratios (5 years) - including IRR/NPV, (AE only: Z-score) for business valuation- Industry standards comparison (5 years)- Loan capacity ratios (5 years)- Annual summary matrix (balanced scorecard) - beginning balance, income statement, cash flow, ending balance (5 years)- Annual dynamic What-If analysis (5 years)- Best/Worst case scenarios (Sensitivity analysis) (5 years)- Comparison analysis - personnel, sales, advertising, income, cash flow, balance sheet (5 years)- Overdraft scenario
THE ADVANCED EDITION - AE - ALSO INCLUDES:
- Development planning (up to 4 phases, 5 years prior and 5 years of planning with automated development timeline)- Specific projects details - add up to 50 specific project details (standard edition max. 15).- Advertising & promotion plan detailed (3 years), annual (5 years)- Annual ROA / ROE / SGR dynamic analysis tree (5 years)- Projected ratios include Z-score- Detailed break-even analysis per product line with break-even charts per product line- Financial summary with CAGR (5 years)- Revenue analysis per product line (5 years)- Timeline with a task wizard (3 years) - entries are as easy as 1-2-3, with project cost, start date and end date- Dashboard of charts- Exchange rate multiplier to easily convert values into another currency BONUS TOOLS
- Equipment, office, lunch room, machinery list worksheets- Projects estimation workbook- Personal financial statement worksheet- Partnership accounts worksheet- USA benchmarks workbook
Feature
Benefit
Automated from A to Z.
Incomparably automated from start to finish. No manual calculations needed.
After the first year numbers are automated based on averages or increase %.
Provides fast results by eliminating unnecessary manual input.
Categorized income statement.
Categorized expenses and extra rows can be added.
Persons, groups, departments personnel plan wizard.
Entry as simple as 1-2-3, departments, groups, persons with monthly or hourly wages, bonuses, overtime, payroll burden.
New projects wizards.
Add recurring and specific projects easily.
New improved sales projections.
Enter monthly sales by units or amounts per product, or in bulk per product line.
More than 40 automated charts.
Gives you a quick overview when and where needed.
Print wizard: quickly print any selection of predefined print areas.
Saves you time collecting data to be printed. Click and Go.
Export wizard: easily export multiple values-only worksheets.
Handy for conferencing or external consultants.
Exchange rate wizard: easily recalculate into another currency.
Indispensable for a global presentation.
The PlanMagic Construction 11.0 Financial Application
The application offers you about 45 worksheets (see the Details for a description of each).A quick browse of the screenshots should give you a pretty good picture of theoverall capabilities of the PlanMagic Construction 11.0 Financial Application.
Main menu
Developments (AE only)
New fixed assets (Investment Budget)
Personnel
Recurring projects
Specific projects
Sales estimation monthly (Sales Projection)
Sales annual summary (Sales Projection)
Cash flow monthly (Cash Flow Forecast)
Projected balance sheet
Annual summary
Break-even Analysis per product line (AE only)
What-If Analysis
Financial Summary (AE only)
Overdraft scenario
The application offers you about 45 worksheets all linked in perfect harmony, so to speak.You can check the Details for a description of each. We hope this helped to give you a goodpicture of the overall depth provided in our state-of-the-art financial application.

Business plan guide
A complete business plan guide in HTML format. The guide covers subjects such as organizational structure, financing (owners' equity, foreign capital), marketing (market analysis, business goals, marketing strategies, advertising), construction business operations (business identity, business location), construction business financials (projections, historic analysis, ratios) and more.

PlanMagic Construction Business Guide
The introduction- How to use- Introduction- Marketing- Historic analysis- Financing- Organizational structure- Financial projections- Analysis- Useful tips
Marketing- The product mix- Analysis current product mix- Competitive research- Market analysis- Marketing goals- Marketing strategies- Operations- Advertising & promotion- Pricing and costing- Sales management- SWOT analysis
Historic analysis- General view- The market position- Balance sheet- Income statement
Organization- Management- Staff- Personnel analysis & expenditures- Administrative organization
Financials- Assumptions- Investment budget- Funding- Beginning balance sheet- Capital- Return on investment- Ratios- Loan capacity
Projections- Personnel plan- Project details- Product details- Sales forecast- Income statement- Tax accounts- Inventory account- The cash flow projection- The balance sheet- Notes to the financial statements- The charts- The time table
Analysis- Annual summary- ROA/ROE/SGR analysis- Break-even analysis- What-if analysis- Sensitivity analysis- Financial summary- Revenue analysis- Comparison analysis- Overdraft scenario
Useful tips- General tips- Company formation- Choosing a bank- Choosing a location- Choosing an accountant- Presenting your plan
Presentation
Easy to complete presentation template (> 50 slides) in PPT (MS PowerPoint) format. You can copy text from the document templates, link to tables in the document template, or link to worksheet data in the financial application. The template contains the same chapters and subchapters as the construction business plan template.

Advantages
PlanMagic Advantages
Legendary Ease of UseDesigned to work the way you work, so you don't have to change your current business processes. Familiar and intuitive MS Office interfaces (MS Word, MS Excel, MS PowerPoint).
Advanced FunctionalityBuilt-in charts, analysis tools and advanced reports, perform in-depth financial analyses, and much more.
Low Cost of OwnershipStarts at just $124.95 for a single user license, which includes free technical support.
Customer ApprovedUsed by over 100,000 starting and growing businesses around the world. PlanMagic software products serve customers in every industry, including manufacturers, wholesalers, contractors, constructors, distributors, services providers, consultants, non-profits and many many others.
Competitor 'Approved'Though more and more 'competitors' copy our innovative ideas and trend setting concepts into their lesser product(s). There is no competitor for construction business planning.
Backed by PlanMagic CorporationPlanMagic software products are the financial planning and analysis solution recommended by more accountants, CPAs and other business consultants than any other, and we are confident you will be 100% satisfied.
Summary
Easy to use - Use of simple and understandable terms. You do not have to be an accountant.
Thorough - Incredibly complete and thorough.
Automated - Automated financial projections made easy and yet so complete. Sales, investments, depreciation, loan payments, accounts receivable/payable, inventory, dividends, company tax, sales tax, payroll burden and more.
Personnel wizard - add, edit, remove departments, groups and persons easily.
Project estimates - Recurring and Specific project details to easily estimate sales as well as keep tab of your projects.
Product wizard - add, edit, remove product lines and products easily.
Print wizard - Professionally printed results. Business financial printouts are preformatted in Letter, Legal or A4 paper size.
Sales tax - Financials handle US sales tax, VAT, GST or similar calculations.
Multiple currency - The financials can use any currency, and you can use the exchange rate multiplier to quickly update all the values.
Useful guide - Comprehensive business plan guide.
Business plan template - Construction business plan template.
Competitive price - A competitive price of $124.95, Advanced Edition $224.95.
No one knows or cares about your business like you do. Nor will anyone spend the time analyzing or monitoring your financials without it costing you a fortune. Can you afford (not) to get the best available software to get the job done professionally and fast? No one has made it easier for you to write the contents of the construction business plan, offers the same high quality printed result, offers the same level of construction financial projection automation, a complete business plan guide, as well as a good-looking construction business plan presentation template.

"I recently purchased your PlanMagic Construction AE 10,and I am very pleased with the features provided by the model." More testimonials