BUKASON GLOBAL ltd

TURN ON FINANCIAL HIGHLIGHT Of LUABI MAKEOVERS Start up requirement breakdown Sales forecast Source of income generation

FINANCIAL HIGHLIGHT START UP N 3,700,000 REQUIREMENT LUABI MAKE-OVER is seeking a total fund of 3.7 million naira to expand it store.Though the funds is not the total requirement for our store expansion but from the sacle of preference of the business needs, 8 choices has been made for a start and the cost of each needs has been highlighted below. The Return of capital (ROC) will be used in further expanding of the business,the business statement of account is attached to this document showing the business yield overtime and it's assurance of achieving it sales forecast .The requested capital will be used for funding capital expenditure, manpower cost and working capital. Specifically, this funds will be used as thus;  Air conditioning (2@ N150,000) 300,000  Generator 500,000  Rentals 800,000  Hair & make up equipment kit 600,000  Furnishing,decoration and painting 600,000  Product(for sales) 500,000  Salaries (6 month) 300,000  Cost of marketing 100,000 TOTAL 3,700,000

SALES FORECAST We expect our business income to rise steadily over the next one year, as the reputation of the business staff and service will be increasing thereby improving the mood of our customers,enhancing customer appearance and help them boost self-esteem. We believe by then our service must have become apparent to the general public. Accurately outlined is the sales projection for LUABI MAKEOVERS which is base on the sales made at 2018 beiveing we can do better ,location of our institution and of course the wide range of top notch services that we will be offering as our brand will be expanding; First year of extension 3,000,000 Each month : 3,000,000÷12 =250,000 Therefore LUABI MAKEOVER goal is to make nothing less than 250,000 a month Note: it is important to note that LUABI make over can make over the above stipulated amount but nothing below . Sources of income generation To generate sales we will be creating satisfaction and drawing traffic, As Traffic is the lifeblood of a business and expected result/satisfaction increases sales.Our outlined sales will will be made by offering the following services;  Bridal make up  Makeip services and bridal styling service  Teaching cosmetology classes  Fixing of temporary lashes and Brow  Filming & Tv  Establishing foundation in makeup and beauty technique. Note : attached to this is LUABI MAKEOVER statement of account showing previous generated net revenue. WE HAVE THE ABILITY TO INCREASE OUR REVENUE IF EXPANSION FUND IS PROVIDED.

LUABI MAKEOVER Statement of profits or loss Income Note 2020 2019 2018 Revenue Cost of sales 9 N N N 12 Expenditure 6,242,191 4,705,185 6,050,539 10 (2,808,412) (1,162,013) (2,661,646) Administrative expenses 11 3,433,779 3,543,172 3,388,892 Personnel expenses Finance charges (2,184,320) (1,494,016) (2,661,646) (2,400,000) (3,780,000) (3,000,000) Profit Before Tax Taxation - - - Profit After Tax (4,584,320) (5,274,016) (5,661,646) (1,150,541) (1,730,844) (2,272,754) - - - (1,150,541) (1,730,844) (2,272,754) The accompanying notes are an integral part of these financial statements 6