NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan

Spread the love

This NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan is a free rice processing business plan. In fact, it’s a complete financial model; feasibility study on rice production in Nigeria. It also serves as AGSMEIS Rice Mill business plan template. This NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan is what you need to win your NIRSAL loan application.

Suitable Financial Models:

Table of Contents

Furthermore, this financial model is applicable for AGSMEIS, Anchor Borrowers fund, Agricultural cooperative funds and many other such funds from CBN, NIRSAL micro finance bank and any other commercial bank loan programmer in Nigeria. We have every facility to help you download and work on this model. In fact, our automated business plan model is what you need here. You are advised to contact us if you have need of this.

The Sample Financial Model @ NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan

As a matter of fact, financial modeling is the task of using your proposed operational variables to build your expected financial parameters. In fact, it’s a business mathematical model designed to represent the performance of your financial asset or business, project, or any other investment.

In fact, we have here a sample of rice mill business financial model. Since we know that no two business plans are the same, this is just a template. With your particular business variables, we will be able to generate yours in a matter of a few hours. Order your NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan today.

Projected Profit and Loss For NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan

Furthermore, we automatically generate your income statement like this one here. With all the variables and assumptions input, this is what you will have. In fact, the investor is watching your gross profit and net profit margins to make their investment decisions. So, get your NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan today.

As a matter of fact, it’s actually a professional thing, so you can contact us to generate yours immediately.

	FY2021	FY2022	FY2023
Revenue	N238,020,000	N183,020,000	N194,350,000

Direct Costs	N4,812,000	N9,996,000	N22,956,000

Gross Margin	N233,208,000	N173,024,000	N171,394,000
Gross Margin %	98%	95%	88%
Operating Expenses
Salaries & Wages	N2,160,000	N2,484,000	N2,856,600
Employee Related Expenses	N432,000	N496,800	N571,320
Utilities	N180,000	N180,000	N180,000
Rent	N240,000	N240,000	N240,000
Marketing	N144,000	N144,000	N144,000
Amortization of Other Current Assets	N1,500,000
Total Operating Expenses	N4,656,000	N3,544,800	N3,991,920

Operating Income	N228,552,000	N169,479,200	N167,402,080

Interest Incurred
Depreciation and Amortization	N2,670,474	N2,670,474	N2,670,473
Gain or Loss from Sale of Assets
Income Taxes	N33,882,229	N25,021,309	N24,709,741
Total Expenses	N46,020,703	N41,232,583	N54,328,134
Net Profit	N191,999,297	N141,787,417	N140,021,866
Net Profit / Sales	81%	77%	72%

Projected Balance Sheet NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan

Furthermore, this is where you get the statement of your affairs at a particular time. In fact, if you must win any loan application, your parameters on this sttement must be posative.

	FY2021	FY2022	FY2023
Cash	N226,078,590	N361,418,486	N503,152,032
Accounts Receivable	N733,000	N490,075	N537,300
Inventory
Other Current Assets	N0	N0	N0
Total Current Assets	N226,811,590	N361,908,561	N503,689,332

Long-Term Assets	N13,242,650	N13,242,650	N13,242,650
Accumulated Depreciation	(N2,670,474)	(N5,340,948)	(N8,011,421)
Total Long-Term Assets	N10,572,176	N7,901,702	N5,231,229

Total Assets	N237,383,766	N369,810,263	N508,920,561

Accounts Payable	N2,240	N2,240	N2,240
Income Taxes Payable	N33,882,229	N25,021,309	N24,709,741
Sales Taxes Payable	N0	N0	N0
Short-Term Debt
Prepaid Revenue
Total Current Liabilities	N33,884,469	N25,023,549	N24,711,981
Long-Term Debt
Long-Term Liabilities

Total Liabilities	N33,884,469	N25,023,549	N24,711,981

Paid-In Capital	N12,000,000	N12,000,000	N12,000,000
Retained Earnings	(N500,000)	N190,999,297	N332,186,714
Earnings	N191,999,297	N141,787,417	N140,021,865
Total Owner’s Equity	N203,499,297	N344,786,714	N484,208,580

Total Liabilities & Equity	N237,383,766	N369,810,263	N508,920,561

Financial Highlights by Year

Furthermore, this is where we feed the eye views of your activities. The colours represent different things all together.

RELATED TEMPLATES:

COMPLETE FULL MARKS CONSULTANTS (CFMC) LIMITED:

Furthermore, CFMC LTD is a firm of chartered accountants and management consultants. Professionally, we are trained to generate financial models. So, contacting us makes a lot of sense. Therefore, we have the ability to coach you on your business operations. We, therefore, render special services for NIRSAL bank loan applicants.

OUR CONTACTS: NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan

+234 8034347851 and 09053130518, or email us at [email protected]

In fact, we thank you for reading through. You can bookmark this page for updates. And again, this is the time to think of helping a brother, sister, or friend. Let them know what we can do for them. You can do this by sharing this post. Like us on our Facebook for updates. Thanks for reading through NIRSAL AGSMEIS Financial Model for Rice Mill Business Plan.

Ane

Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.