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Month january february march april may june revenue

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MonthJanuaryFebruaryMarchAprilMayJuneRevenue102,600.00107,730.00113,116.50118,772.33124,710.94137,182.04
MonthJulyAugustSeptemberOctoberNovemberDecemberRevenue144,041.14 144,041.14136,839.08129,997.13 136,496.98150,146.68Important Assumptions:February to MayIncrease of 5% from previous revenueJuneIncrease of 10% from previous revenueJuly to AugustThe same RevenueSeptember to OctoberLoss 5% from previous revenueNovemberIncrease 5% from previous revenueDecemberIncrease 10% from previous revenueThe numbers in the last table are very attractive, having revenues that are increasing in numbers is a goodsign that a business is growing. However, an entrepreneur should not be overwhelmed on these revenues asthese are just gross revenue, this is not the final amount of profit or income an entrepreneur will get at the endof every period. Take note that the amount of net revenue is still subjected to the expenses incurred in theoperation of business.What’s MoreAfter learning the calculations presented, you can now compute the projected revenue by day,month and year based on your business concept.Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her stall ata local market. She gets her broomsticks from a local supplier for 25 pesos each. She then adds 50 percentmark-up on each broomstick. Every day, aling Minda can sell 30 broomsticks a day.Use the template below and fill in the necessary figures based on the scenario. Remember to usethe factors to consider in projecting revenues and refer to tables 1, 2 and 3 as your guide.Table 1Projected Daily RevenueName of Business ___________________________ProjectedProjectedCostVolumeMark-upSellingRevenueper(D)____%Price(E)UnitMerchandise/Average No.(B)(C)Products(A)of Items(Daily)Sold (Daily)(A)(B)= (A x(C)= (A+B)(D)(E) =(C x D).50)TotalUse the calculations you have made in Table 1 to successfully complete the information in Tables2 and 3 and calculate the projected monthly and yearly revenue of Aling Minda’s business.Table 2Projected Monthly and Yearly RevenueName of Business ___________________________ProjectedProjectedProjectedProjectedVolumeVolumeSellingRevenueMerchandise/Average No.RevenueAverage No. ofPriceof Items SoldItems SoldProducts(Monthly)(Yearly)(Monthly)(Yearly)(C)=F= (D x 30G= (C x F)H= (D x 365 days)I= (C x H)(A+B)days)Total
For Table 3, use the following assumed increases in sales every month. From January to May, 5percent increase from previous sales. For the month of June, 10 percent increase from previous sales. For themonths July to December, record the same sales every month.Table 3Projected Monthly RevenueName of Business ___________________________MonthJanuaryFebruaryMarchAprilMayJuneRevenueMonthJulyAugustSeptemberOctoberNovemberDecemberRevenueWhat I Have LearnedEntrepreneurs use ____________ techniques to determine events that might affect the operation of thebusiness. Factors such as __________ and _________ much be considered to avoid possible complications inthe future. To forecast revenues, it is best that the entrepreneur must be acquainted with the _________, and__________ to determine the selling price of a product. This way, thesellingpriceisthenmultipliedtotheprojectedvolumetoarrivewiththe ______________.

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Term
Fall
Professor
NoProfessor
Tags
Management, Marketing, Revenue, Ms Fashion Nista

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