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  • MeWePhilippinesPlan PDF

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    Jonie Lobo Bernaldez
    30 views4 pages
    The document outlines the requirements and capital needs to establish a MeWe branch in the Philippines. Key requirements include incorporating as a branch office, acquiring necessary equipment like computers and furniture, hiring staff like developers and designers, and securing office space. The initial capital budget totals over 5.5 million Philippine pesos or $129,098.92 for equipment, 12 months of operations, and a 10% overhead fee. Monthly operational expenses are estimated at over 378,000 pesos or $8,799.93 primarily for salaries, rent, and utilities.

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    MeWePhilippinesPlan.pdf

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    The document outlines the requirements and capital needs to establish a MeWe branch in the Philippines. Key requirements include incorporating as a branch office, acquiring necessary equipment like computers and furniture, hiring staff like developers and designers, and securing office space. The initial capital budget totals over 5.5 million Philippine pesos or $129,098.92 for equipment, 12 months of operations, and a 10% overhead fee. Monthly operational expenses are estimated at over 378,000 pesos or $8,799.93 primarily for salaries, rent, and utilities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    30 views4 pages

    MeWePhilippinesPlan PDF

    Uploaded by

    Jonie Lobo Bernaldez
    The document outlines the requirements and capital needs to establish a MeWe branch in the Philippines. Key requirements include incorporating as a branch office, acquiring necessary equipment like computers and furniture, hiring staff like developers and designers, and securing office space. The initial capital budget totals over 5.5 million Philippine pesos or $129,098.92 for equipment, 12 months of operations, and a 10% overhead fee. Monthly operational expenses are estimated at over 378,000 pesos or $8,799.93 primarily for salaries, rent, and utilities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 4

    MeWePhilippines

    REQUIREMENTS
    Incorporation
    Equipments
    Softwares
    Talents
    OfficeandSupply
    MonthlyOperationalExpenseBudget
    CAPITALREQUIREMENTS
    1YEARCASHFLOW

    REQUIREMENTS

    INCORPORATION
    Thereareseveralcompaniesthatareofferingservicesinhelpingaforeigncompanytoincorporate
    and/orestablishabranchinthePhilippines.

    Companiesofferingincorporatingservices:
    Filepinohttp://filepino.com/
    PhilipppinesCompanyIncorporationhttp://companyincorporation.com.ph/
    KittelsonCarpoConsultinghttp://kittelsoncarpo.com/businessincorporation/

    Browsingthroughthosesitesthesummarywouldbe
    $1,000fortheircompleteservice,thiswillincludeeverylegaldocumentneededtostartacompany
    18daysto3weekstocompletetheprocess
    BranchOfficewillbetheidealtypeofregistrationsothatMeWecansellitsproductsandservicesin
    thePhilippines

    EQUIPMENTS
    1. DesktopComputers
    a. 24DualMonitors
    b. SystemUnit(i5Processors,8GBMemory,120GBSSD,VideoCard)
    c. 600wUPS
    d. Headsets
    e. Webcam
    f. Speakers
    2. iMac[ifweneedgraphicdesignerandiosdeveloper]
    a. tobeusedbyiOSdeveloperandGraphicDesigner
    3. SwitchandWifiRouter
    4. Tables
    5. Chairs
    6. SplitTypeAircon
    7. GoodCoffeeMaker
    8. Waterdispenser

    SOFTWARES
    1. JIRATaskandIssueManagementwithPerformanceReporting
    2. CodeshipContinuousIntegrationSystem
    a. willradicallyreducebugsifusedproperly

    TALENTS
    1. WebApplicationDevelopers
    a. 2JuniorDevelopers
    b. 1SeniorDeveloper
    2. NativeApplicationDeveloper/HybridApplicationDeveloper
    3. Designers

    OFFICE,UTILITIESANDSUPPLY
    1. 24SQMOfficewouldbemorethanenoughfor35people
    a. temporary,tofindbetterandbiggerplaceascompanygrows
    b. locationwouldbenearCebuBusinessPark
    2. WhiteboardsandMarkers
    3. CoffeeBeans,Milk,Sugaretc
    4. Internet

    MONTHLYOPERATIONALEXPENSEBUDGET
    *sheetMonthlyOperationalBudget[PH&$]ofMeWePhilippinesspreadsheet
    *assumedconversionrateis$1toP43

    item

    PESO
    qty

    unitprice

    DOLLAR
    subtotal

    unitprice

    subtotal

    Salary
    JuniorWebApplication
    Developers

    40,000.00

    120,000.00

    $930.23

    $2,790.70

    Designer

    35,000.00

    35,000.00

    $813.95

    $813.95

    NativeAppDeveloper

    40,000.00

    40,000.00

    $930.23

    $930.23

    BranchManager+Lead

    Developer

    120,000.00

    120,000.00

    $2,790.70

    $2,790.70

    FreelanceAccountant+

    Bookeeping

    6,000.00

    6,000.00

    $139.53

    $139.53

    total

    321,000.00

    $7,465.12

    OfficeRent

    10,000.00

    10,000.00

    $232.56

    $232.56

    Internet

    8,000.00

    8,000.00

    $186.05

    $186.05

    Electricity

    20,000.00

    20,000.00

    $465.12

    $465.12

    Water

    500.00

    500.00

    $11.63

    $11.63

    total

    38,500.00

    $895.35

    Codeship

    2,107.00

    2,107.00

    $49.00

    $49.00

    JIRA

    430.00

    430.00

    $10.00

    $10.00

    Bitbucket

    430.00

    430.00

    $10.00

    $10.00

    DigitalOcean

    430.00

    430.00

    $10.00

    $10.00

    total

    3,397.00

    $79.00

    MONTHLYBUDGETNEEDED

    378,397.00

    $8,799.93

    OfficeandUtilities

    SoftwareandDevelopmentServers

    CAPITALREQUIREMENTS

    Equipments

    item

    PESO
    qty

    qtyprice

    DOLLAR
    subtotal

    qtyprice

    subtotal

    DesktopComputers

    58,960.00

    235,840.00

    $1,371.16

    $5,484.65

    iMac27"

    93,990.00

    93,990.00

    $2,185.81

    $2,185.81

    Chairs

    5,000.00

    35,000.00

    $116.28

    $813.95

    LongTable

    5,000.00

    10,000.00

    $116.28

    $232.56

    WaterDispenser

    7,000.00

    7,000.00

    $162.79

    $162.79

    CoffeeMaker

    15,000.00

    15,000.00

    $348.84

    $348.84

    Whiteboards

    600.00

    3,000.00

    $13.95

    $69.77

    Samsung1.5HP
    Aircon

    40,000.00

    40,000.00

    $930.23

    $930.23

    SwitchRouterw/Wifi

    5,000.00

    5,000.00

    $116.28

    $116.28

    1,000.00

    $23.26

    $23.26

    445,830.00

    $10,368.14

    CleaningMaterial

    1,000.00

    EQUIPMENTTOTAL

    Operations

    item

    months

    qtyprice

    subtotal

    qtyprice

    subtotal

    Salary

    12

    321,000.00

    3,852,000.00

    $7,465.12

    $89,581.40

    OfficeDown
    Payment

    15,000.00

    60,000.00

    $348.84

    $1,395.35

    OfficeandUtilities

    12

    43,500.00

    522,000.00

    $1,011.63

    $12,139.53

    Softwareand
    developmentservers

    12

    3,397.00

    40,764.00

    $79.00

    $948.00

    12

    10,500.00

    126,000.00

    $244.19

    $2,930.23

    4,600,764.00

    $106,994.51

    miscellaneous

    OPERATIONSTOTAL

    TOTAL

    5,046,594.00

    $117,362.65

    OVERHEAD(10%)

    504,659.40

    $11,736.27

    REQUIREDCAPITAL

    5,551,253.40

    $129,098.92

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