104
Start-up Capital Needs O’ran requires start-up capital of S$600,000 (S$551,3091 rounded off ) to comfortably match the projected costs in respect of the first six months of operation, i.e. 1 January 2013 to 30 June 2013.
The four key expenses are charted below:
45.1% Salaries and bonus
9.9%
12.3%
19.0%
Starting inventory
Advertising (first year)
13.6%
Rent
1
Refer to Appendix J1 for a breakdown of the start-up capital.