30
13.2 Invest plan
In the table on the next page, the invest plan can be found. BoP is focussed on all the activities which are based on contact with the civil society and the customer. BoP-iD doesn’t do the materialization design steps and doesn’t make complicated mock ups. Therefor BoP-iD doesn’t need a lot of infrastructure. The company rents an office which is fully equipped, and maintenance is included. 500 euros will be extra invested to personalize the office. Also, 2 laptops, with the necessary software (1 CAD program + the office package + the adobe package), A printer, a projector, a video camera and a regular camera are purchased. BoP will also invest 1000 euros in research literature and databases. The biggest investment will be the 1 year of research (year 0) BoP-iD is doing before starting its financial activities, so the plan includes the fixed costs of 1 year as an investment. The wages from the 3 employees are a bit lower the first year. (1250 euros and 250 for the student) This is amortized over 4 years. This investment can be seen as an overestimation since probably only Jente Minne will start working from the beginning of year 0, the other employees still need to be found and the paperwork needs to be done, but BoP-iD wants to start working with 3 as fast as possible. Because Bop-iD already has to buy all our materials from year 0, but it will only start earning in the beginning of year 1; all the investments in the table below are amortized over 1 year less than their usual time, ex. The computers are amortized over 2 years since they are being used during year 0. The start up costs are indicative costs from the world bank, the bookkeeper and notary are prices that would be common in Belgium. This is maybe an overestimation but since Rio de Janeiro is known to be bureaucratic, it can be considered to be a fair estimation. 2000 euros of register money is included, this is necessary to avoid shortage when payments are late, or extra purchases need to be made. Since no big purchases need to be made, this will be sufficient. The investment looks big compared to other consultancy offices/design offices, allthough this is not unfamiliar, it is know that the first investment for BoP companies are big, since there is need for a lot of research. These investments need to be made one time and they pay off (in a short or long term) if the company makes the right choices.
Jente Minne
BoP-iD
Business plan 2009-2010