Updated Set Up Capital Requirements
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Financing the Pharmacy Estimate small business need for capital using the following A. Set-up Capital Requirements 1. Beginning Inventory Refers to the value of goods that a company has for its use or sale at the start of an inventory accounting period (refer to table) Generic Products - P57,594.92 Syrups and Suspensions - P180,675.15 Ointments and Creams - P78,166.77 Contraceptives - P14,508.50 Milk and Cereals - P215,804.00 Diapers - P23,716.00 Cosmetics - P6,125.25 TOTAL - P576,590.59 2. Fixtures and equipment A fixture is defined as an asset that is installed or otherwise fixed in or to a building or land so as to become part of that building or land in law
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Setting up your own pharmacy, financial requirements
Transcript of Updated Set Up Capital Requirements
Financing the Pharmacy
Estimate small business need for capital using the following
A. Set-up Capital Requirements
1. Beginning Inventory Refers to the value of goods that a company has for its use or sale at the start of an
inventory accounting period (refer to table)
Generic Products - P57,594.92Syrups and Suspensions - P180,675.15Ointments and Creams - P78,166.77Contraceptives - P14,508.50Milk and Cereals - P215,804.00Diapers - P23,716.00Cosmetics - P6,125.25TOTAL - P576,590.59
2. Fixtures and equipment A fixture is defined as an asset that is installed or otherwise fixed in or to a building
or land so as to become part of that building or land in law
3. Insurance practice or arrangement by which a company or government agency provides a
guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
Price Qty TOTALRetail store sales
counterP28,500.00 1 set P28,500.00
Cashier Counter P8,000.00 1 set P8,000.00Compounding Area P8,000.00 1 set P8,000.00
Gondola shelves P8,000.00 1 set P8,000.00Water Dispenser P1,100.00 1 set P1,100.00
Rx bay units P8,000.00 1 set P8,000.00Slatwall panels P16,000.00 1 set P16,000.00Double slotted
uprightsP8,000.00 1 set P8,000.00
Dispensing tray/ Tablet Counter
P150.00 1 set P150.00
Stainless spatula P110.00 1 set P110.00Glass till P540.00 1 set P540.00
Glassine paper P3.00/piece 1000 pcs P3000.00Boxes P3000.00 all sizes (Box 1, 2,
and 3)P3000.00
Computer P36,800.00 1 set P36,800.00Printer P2,195.00 1 set P2,195.00
Plastic bags P500.00 P500.00Sink and Faucet P1,100.00 1 set P1,100.00
Lights P315.00 1 set P315.00Telephone/ Internet
(PLDT)P1,299.00 per month P1,299.00
Electricity P3,500.00 per month P3,500.00Water Supply P300.00 per month P300.00
Monitor P5,600.00 1 P5,600.00CCTV P7,100.00 1 P7,100.00
Air Condition P7,100.00 1 P7,100.00Bio Ref P35,685.00 1 P35,685.00
Mortar and Pestle P831.00 1 set P831.00Safe/Vault P20,000.00 1 P20,000.00
TOTAL P204,225.00
4. Lease deposit security deposit is an asset for one party and the same security deposit is a liability
for the other party
P15,000.00 per month
5. Leasehold improvements defined as the enhancements paid for by a tenant to leased space
6. Professional fees Professional fees place direct value on the clinical skills and knowledge of the pharmacist.
P3,000.00 per month (alloted budget)
Professional Liability Coverage P100,000.00Equipment Breakdown Coverage P100,000.00Business Auto Coverage (usage of commercial vehicles like for deliveries)
P100,000.00
General Liability Coverage P100,000.00Business Property Coverage P250,000.00
TOTAL P650,000.00
Price Quantity TOTALRestroom accessories -Water Closet -Lavatory -Floor Drain
P3,500.00P1,500.00P1,500.00 P500.00
1 set P3,500.00
Tiles -60x60mm tiles -30x30mm tiles
P30,000.00P25,000.00P5,000.00
Sqm P25,000.00
Cabinets P8,000.00 1 set P8,000.00
Pest Control P6,000.00 1 lot P6,000.00Shelves P1,000.00 1 set P1,000.00
Glass panels P60,000.00 1 set P60,000.00TOTAL P103,500.00
