创业计划—网上综合商社(英文样本)

2000

2001

2002

Web page designers/editors

2

5

10

Computer system maintenance/software development staff

2

10

15

Salesmen

10

60

195

Customer support and service staff

2

10

50

Office administrative staff

4

10

20

Others

__

5

10

7.4 Position vacant

We need such people as follows: computer/internet professionals; international business professionals; other professionals in this industry.

8.0 Fund requirement

8.1 The amount of sum

Item

2000.7—2001.6

2001.7—2002.6

2002.7—2003.6

Office

US0,000

US0,000

US0,000

System equipment

___

US,000,000

US,000,000

Office supplies

US0,000

US0,000

US,000,000

Wages

US0,000

US,000,000

US,000,000

Advertising expenses

US0,000

US,000,000

US,000,000

Operating expenses

US0,000

US,000,000

US,500,000

Total

US,000,000

US,000,000

US,800,000

Explanatory note:

1.Office expenses should include the house purchasing cost as well as decorating expenses (take into consideration the recession of the current real estate industry);

2.Office supplies should include computers and the other valuables besides daily administrative articles.

8.2 Evaluation and explanation

The exit strategy of mbillion.com is as follows: in 2003, it will get listed in the stock market issuing 2 million shares with the estimated market value of US0,000,000.

The seed fund provider who invests US,000,000 in 2000 will get 50% of the stocks, namely 1 million shares, which will be worth US,000,000 in the exit year 2003, 50 times of the invested amount.

The second sum of Venture Capital invests US,000,000 in 2001 will get 20% of the stocks, namely 400 thousand shares, which will be worth US,000,000 in the exit year 2003, 400% of the invested amount.

The third sum of Venture Capital invests US,000,000 in 2002 will get 20% of the stocks, namely 400 thousand shares, which will be worth US,000,000 in the exit year 2003, 200% of the invested amount.

8.3 Fund utilization

Apart from fixed assets input and advertising expenses, the fund consumption every month is mainly on wages and operating expenses, please refer to the table as follows:

2000

2001

2002

Expenses Per month

US,000

US6,700

US5,000

9.0 Financial analysis

Important hypothesis:

1.Internet industry develops continuously;

2.There are no serious political events or war breaking out which will hinder Internet industry’s development;

3.There are no sudden changes in the macro-economic circumstances.

General hypothesis:

1.Income tax rate remains at 33%;

2.The interest rate is maintained at the present level.

9.1 Estimated gains and losses

2000

2001

2002

Sales

US0,000

US,000,000

US,000,000

Selling and administrative expenses

US0,000

US,000,000

US,500,000

Advertising expenses

US0,000

US,000,000

US,000,000

Wages

US0,000

US,000,000

US,000,000

Pretax income

(US0,000)

(US,000,000)

US,500,000

Income taxes

____

____

US0,000

Net income

(US0,000)

(US,000,000)

US,510,000

Explanatory note: Sales mainly comes from commission(5% of the total transaction volume), but advertising income together with the other income is not take into account.

9.2 Cash flow

2000

2001

2002

Operating activity

(US0,000)

(US,000,000)

US,010,000

Investing activity

(US0,000)

(US,000,000)

(US,300,000)

Financing activity

US,000,000

US,000,000

US,000,000

Net increase(decrease)

in cash

US0,000

US,000,000

US,710,000

Beginning cash and cash equivalents

____

US0,000

US,100,000

Ending cash and cash equivalents

US0,000

US,100,000

US,810,000