BUSINESS PLAN

FOR DRONE
MANUFACTURING
COMPANY

Avik Ghosh Roll No - 18013 Sec - A

Aritra Paul Roll No - Sec - A
Table of Contents
I. Executive Summary
Highlights
Objectives
Mission Statement
Keys to Success
II. Description of Business
Company Ownership/Legal Entity
Location
Interior
Hours of Operation
Products and Services
Suppliers
Service
Manufacturing
Management
Financial Management
Start-Up/Acquisition Summary
III. Market Analysis
Market Segmentation
Competition
Pricing
IV. Financial Management
Determining Start-Up Capital
Cash Flow
Profit and Loss Statement
Balance Sheet
Executive Summary
Aerial photography is the taking of photographs of the ground from an elevated/direct-down
position. Generally, the camera is not supported by a ground-based structure. Platforms that are
used for aerial photography include fixed-wing aircraft, helicopters, unmanned aerial vehicles
(UAVs or “drones” as they are commonly called), balloons, blimps and dirigibles, rockets,
pigeons, kites, parachutes, stand-alone telescoping and vehicle-mounted poles. In all countries
of the world where private investors are involved in aerial drone photography business, there
are laws governing the industry. For example, in the United States, FAA guidelines stipulate that
drones and other model aircraft must stay less than 400 feet above the ground and not within 3
miles of an airport or air traffic. Some states in the US are strict when it comes to trespassing
laws as well. Steering a drone over someone’s apartment and property could be considered a
trespassing violation. Because anything capable of being viewed from a public space is
considered outside the realm of privacy in the United States, aerial photography may legally
document features and occurrences on private property.

Financial Overview

$800,000 750000
$700,000
588950
$600,000
$500,000
$400,000
311050
$300,000 250000
189730 199250
$200,000
100000 100750
$100,000
$0
($100,000)
-79730
($200,000)
Sales Net Profit/loss Linear (Net Profit/loss) Expenses

Highlights

Keys to Success
 Experience in a Niche
 Excellent Marketing
 Partnerships & Investments
 Demo Contest
 Operational Excellence
 Commercial Grade Equipment’s
 Tie-ups with Governments

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 2

Description of Business
My Company is an exclusive drone manufacturing company. It is one of the first companies to
manufacture drone in in India. We can consider that from being considered as mere “toys of
hobbyists”, “flying cameras of the rich”, drones have further penetrated vast areas of our
economy and is starting to become a major part of the daily lives of humans in the 21 st century.
My company will be a FAA-approved aeronautical training program certified company, we
produce drones for commercial, household, agricultural, hospitality etc. purposes.

The company basically produces drones for every use and it consists of drones of many sizes.
We consider drones to be the future of any logistics and surveillance systems. Our Aerial Drone
Photography & manufacturing Company will be registered and licensed business enterprise in
the photography industry that will specialize in aerial drone photography business. Although our
business will be based in Bengaluru, Karnataka where we were intend setting up our corporate
office, but we intend working for clients both in Indian market and international markets as well.
We will setup our manufacturing sites in Karnataka only. Our Company will be involved in the all
aspect of manufacturing and aerial drone photography &surveillance services such as Phase I
Environmental Site Assessments for property analysis, create orthophotos, alternatively known
as orthophoto maps (Orthophotos are commonly used in geographic information systems), in
cartography (particularly in photogrammetric surveys), which are often the basis for topographic
maps, land use planning, Archaeology, Movie production, surveillance, commercial advertising,
agricultural analysis of growth surveys, doctors can provide guidance to jammed patients in the
roads through cameras fitted in our drones.

Location
The key criteria for choosing any locations of my business model is to be based on logistics and
geographical statements. Also, there shouldn’t be any political disorders in those locations. As
our company’s product is innovative in nature for the current Indian market it is very essential to
consider competition factor for a location and awareness regarding that. The security for any
thought processes in our plants needs to be tight, there shouldn’t be any loss of information for
that we need a location that is distant from other manufacturing farms. We can consider any
locations based on the “Make in India” campaigns of our present government that will help us to
get benefits regarding incentives, land costs cut-off, subsidies for new innovative business
growing.

Nowadays, there is a great deal of awareness towards the maintenance of natural ecological
balance. Regarding the effect of pollution from the specific type of plants, social obligations are
to be met. The nature of the site selected should preferably have some advantages to meet

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 3

these requirements. You must be careful about effluent disposal, in the cases it needed. Utilities
like electricity, water resources etc. play an important role in almost every factory operation.

A stable and uninterrupted power is a required magnitude, without fluctuations in voltage and
frequency is important for the successful operation of the plant. Local availability of skilled and
semi-skilled manpower will add to the efficient running of the plant. Besides, you must study
labor relations through turnover rates, absenteeism, and liveliness of trade unionism in the
particular area.

The Government offers several incentives, concessions, tax holidays for few years, cheaper
power supply, factory shed, etc., to attract the entrepreneurs to set up industries in less
developed and backward areas. In this scenario, you must prioritize this factor in selecting
factory location.

Interior

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 4

Hours of Operation
 For Corporate Office that will provide service its 10 AM – 6 PM
 For manufacturing Plant, it will be 10 hours from 9 AM – 7 PM

Products and Services

The products and services we provide is directly related to our model of business that is setting
up a drone manufacturing plant in India will help our people in the upper tier segment a futuristic
way of leading their lives. And in case of services is concerned in India the drone technology is
adversely new so we need to train our experts from our service industry in such a way that they
can absolutely provide the details for the usage of our products. How to use the product, its
control manuals.

Our Products

 Phylon1 Pro V2.0 - The new Phylon1

Pro V2.0 features an OcuSync HD
transmission system, which supports
automatic dual-frequency band switching
and connects to any smartwatches,
phones, Televisions etc. wirelessly. The
Phylon1 Pro V2.0 is equipped with a 1-inch
20-megapixel sensor capable of shooting
4K/60fps video and Burst Mode stills at 14
fps. Plus, its Flight Autonomy system
includes dual rear vision sensors and
infrared sensing systems for a total of 5 directions of obstacle sensing and 4 directions
of obstacle avoidance.

 Avira 1 Pro Filming – There is an image processing system CineCore2.1,

recording video at up to 6K in CinemaDNG/RAW and 5.2K in
Apple ProRes when used with NIKOND7 camera. It goes from 0
to 50 mph (80 kph) in just 5 seconds andhits a maximum speed
of 58 mph (94 kph) and has a max descent speed of 9m/s for
unheard of speed and agility in an aircraft this size. A dual
battery systemprolongs the flight time to a maximum of 27
minutes (with an X4S), while self-heating technology allows it to
fly even in low temperatures.FlightAutonomy has been revised
and developed specifically for the Avira 1, providing two directions of obstacle avoidance
and sensor redundancy.Increased intelligence adds multiple intelligent flight modes,
including Spotlight Pro, giving even single pilots the ability to create complex, dramatic
shots.An upgraded video transmission system is now capable of dual signal frequency
BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 5
 and dual channel, streaming video from an onboard FPVcamera and the main camera
simultaneously, for better pilot and camera operator collaboration.

 Avira Mini Bird 1.0- With a brand-new

aerodynamic design, the 8331 propellers give the
Avira Mini Bird 1.0 an impressive noise control
performance,and the new FOC ESC drivers offer
sinusoidal current for increased stability.The Avira
Mini Bird 1.0 features a sleek design and compact
body that is both powerful and alluring. A new and
improved 30-minute flight time coupled with 60%
noise power reduction makes the Avira Mini Bird
1.0 the most portable drone and it is easy to carry
anywhere by anything and can be used for any
photographic purposes.

 Viper Spy copter 1.0–The Viper Spy Copter

Drone is a Camera Drone that is perfect for all skill
levels. It can be best if you are looking for an
affordable option. You can use it for everything
from recreational flying to photography. It will be
the ideal option for both the beginners and
experienced. It offers high-end and responsive
services for the easy use and to hone different
skills of the users including the kids. Some of the
key features of this drone are the followings.t has
a 120 Degree Wide-Angle 720P HD camera to
take amazing views.It is easy to fly with a single
takeoff and landing button.It has the advanced
remote technology.It can fly up to 10 minutes. It
comes with a bonus battery for extra fly time.
Mostly useful for military or armed forces security
purposes.

Services Offered

 Aerial Video, Photography, 3-D Imaging for Real Estate

 3-D Mapping and Modeling
 Photogrammetric Measurement
 Heat Maps and Land Surveys
 Marketing and Advertising
 Obstacle and Endurance Races

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 6

  Music Festivals and Concerts
 Racing and Recreational – Auto, Motorcycle, Cycle, Boating
 Military Equipment’s surveillance
 Hospitality Services

Service
The company will offer mainstream and downstream all the services to all the targeted sectors
and their customers with the demo of the products and also incase of any damage will provide
maintenance service to them. Our client handling and sales team will look after new clients from
different sectors and will ensure that they are satisfied. As the product is new and innovative to
the market it will require many answers to all the questions of our customers our 24-hour CRM
facilities will take care of that. Also, we will provide routine checkup of all the military
equipment’s provided.

Manufacturing Technology
Every part that are needed are produced in our manufacturing plat and some parts are also
outsourced from different suppliers in the China and other south-east Asian countries. Given
below will be the list of all the materials required for the production of a Drone and how it has
been sourced from outside or produced inhouse.

Main Parts Required for making Drone: -

 Frame – The main frame of the drone actually manufactured in our warehouse and it is
made of steel and it being molded from pure steel coupled with a carbon fiber coating in
a blasting furnace and constantly observed by team of Mechanical Engineers.
Depending on number of rotors that will fit in the drone divides the number and type of
the frame. The weight of each frame is tactically chosen for the proper CG balancing.
Tested by our experts. For the Viper Spy Copter 1.0 it is the only case in which we will
not manufacture the frame it will be outsourced from China
 Motors – We will make the motors of our drone and it will be designed by our team of
experts comprising of mainly Electronics and Electrical Engineers. Each motor consists
of Brass winding inside that increases the efficiency of the motors. Each drone needs 4
motors in total and it can be handmade as for a drone motors are small size
equipment’s.
 ESCs or Electronic Speed Control – This is a small chip and each motor of the drone
is connected to it and it controls the speed of each motors and it being given signal for
the speeds through the remote control. This product is manufactured inhouse and its
handmade and produced by Electrical and Software engineers.
 Propellers – Produced inhouse in the automatic machines which gives the shape them.
Each drone needs minimum 4 propellers.

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 7

  Connectors - You will need 3.5 mm connectors to weld the motors and ESCs, as well
as 4.5 mm connectors for the power distribution board. Process is done in 2 nd second
stage of the assembly line by welding all the parts together.
 Power distribution board – This board connects the ESCs to the battery. It consists of
bunch of semiconductors and fitted in a ceramic board that is light weight and it is being
dye inhouse.
 Batteries – We will outsource the batteries from China and these batteries are lithium
ion batteries of 20 volts and power. These batteries are easy to charge also takes 20%
less time to charge than normal lithium ion batteries.
 Battery Monitor - This is not an elementary item, but the monitor is quite useful in
warning you when the batteries are close to finishing. This way you don’t risk having the
drone remain out of juice in the air, over a pond. It will be produced inhouse by our R&D
team.
 Mounting Pad – This is small holding device for your camera to be mounted in the
Drone and it is being manufactured inhouse
 RC Receiver - Of course that, if you have a transmitter (which is usually with you), you’ll
also have a receiver mounted on the drone.
 Camera – All lenses and Camera will be outsourced from China
 USB Key – Outsourced from Local Markets.
 Software Chip for connectivity through Bluetooth and other wireless devices

Assembly Process Step-by-Step: -

 STEP 1: MAKING THE FRAME - No matter what your drone is going to be, it must have
a frame. So, the first task is to make a frame.
 STEP 2: PROPELLERS, ELECTRONIC SPEED CONTROLLERS, AND MOTORS –
This is when all these things either produced or outsourced will come together and get
fitted in the Frame.
 STEP 3: ASSEMBLE THE MOTORS
 STEP 4: MOUNT THE ELECTRONIC SPEED CONTROLLERS
 STEP 5: ADD THE LANDING GEAR
 STEP 6: FLIGHT CONTROLLER - Every flying drone must have a control system. This
electronic system allows a drone to be stable in the air while flying and processes all the
shifts and changes in direction and wind. There are two options when it comes to this
step.
 STEP 7: CHOOSING A RIGHT RC TX-RX (WIRELESS REMOTE-CONTROL SYSTEM)
 STEP 8: MOUNT THE FLIGHT CONTROLLER
STEP 8: MOUNT THE FLIGHT CONTROLLER - Once you choose the particular flight
controller, you need to mount it. For instance, you can place it on the top of the frame in
a certain direction, but you need to make sure that all the components are fixed well
before calibrating your drone. For this purpose, you can also use the aforementioned zip
ties

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 8

  STEP 9: CONNECT THE OPEN PILOT TO YOUR DRONE - The next thing you have to
do is to configure and connect the flight controller to the electronic speed controllers.
 STEP 10: TESTING THE DRONE WORKING CONDITION

Management
I am a Mechanical Engineer and my skills in Robotics as being a part of many Robotics
technical fests organized by IITs and different technological societies makes me build this idea
of building a manufacturing farm of drones in India. I am doing a PGDM program in Supply
Chain and Operations want to look into the service sector in my company.

Organization Structure of the Company: -

Marketing
India is one of the fastest-growing markets for unmanned aerial vehicles (UAVs), and one of the
top UAV importers for military purposes worldwide, says a report. According to global market
intelligence and advisory firm BIS Research, by 2021, the Indian UAV market will reach USD
885.7 million, while the global market size will touch USD 21.47 billion. The report noted that
customer-focused innovation in UAV technology and the rise in demand for UAVs for
surveillance, civil, and commercial applications from global markets will drive this growth.

For India, we project consistent growth in both military and commercial applications, great
market potential, and growing adoption. The market for commercial end-users in India will
supersede the military market in the country by 2021, and the cumulative market in India will hit

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 9

USD 885.7 million by 2021. As per the trend our potential customers will be commercial and
also non-commercial sectors like Military, Film Industry, Agriculture, Household etc.

Our customers want easy surveillance, proper recording and inspection, innovative analysis
methods for the fast-growing technological advancements and they expect that drones are the
future of Film shooting, archeological surveys, construction use and in some cases, drones are
used to transport the material from one place to others we will tie up with these organization like
Swiggy, Zomato, Amazon, Flipkart in India and provide them easy delivery solutions.

We know that the world is moving towards a human less working environment and so in case of
transporting and delivery of the orders from these E-commerce giants they are also seeking for
new ways of delivering more effectively and that drones can be a way in this field makes our
companies opportunity as huge. These will be our primary target customers and also personal
target looking at the benefits of the drones will mainly in metropolitan cities in India.

Market Analysis
The drone space in India is catching up with that in other nations and gaining considerable
momentum. According to 6Wresearch, the Indian UAV market is poised to grow at a CAGR of
18% during 2017–23 in terms of revenue. Although these numbers will continue to be led by the
long-range UAV segment, medium and mini-UAVs are also poised to register healthy growth.
Data provided by the Stockholm International Peace Research Institute (SIPRI) indicates that
with 22.5% of the world’s UAV imports, India tops the list of drone-importing nations. Again,
these are numbers primarily for military purposes, and commercial drones are showing healthy
growth as well. According to study conducted by BIS Research, it is predicted that the market
for commercial end-use of drones might supersede the military market by 2021, cumulatively
hitting approximately 900 million USD.

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 10

 Indian Commercial Drones Market Share by Region
120%

100%

80%

60%

40%

20%

0%
2017 2018 2019 2020 2021 2022 2023

North West South East

Market Share: -

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 11

 Market Segments
Commercial
13%

Consumer
17%

Military
70%

Market Segmentation

In India, there are six segments across which we have seen drone-based solutions being
explored:

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 12

 Addressable market size for drone powered solutions
50

45

40

35

30

25

20

15

10

0
Infrastructure Agriculture Transport Security Media & Entertainment Insurance Telecommunication Mining

Addressable market size for drone powered solutions

SWOT ANALYSIS: -

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 13

 Local Market Growth for Drones

80%
Potential Customers
70%
New Homes
% growth over prior period

60%
New Businesses
50%

40%

30%

20%

10%

0%
2008 2012 2016 2020

Targeting: -

The target market for those who need the services and products of aerial drone
photography companies are all encompassing. It is a fact that there are some forms of
photography that can’t be carried out except with the use of aerial drones or similar
equipment / tools.
In view of that, we will position our aerial drone photography company to service the
businesses, government agencies and corporate organizations of metropolitan cities across
India. We will conduct our market research and we will have ideas of what our target market
will be expecting from us.
We are in the aerial drone photographic business to services clients such as;

 Commercial Drone Manufacturer

 Media & Entertainment Companies
 Logistics Companies
 Industry associations and experts
 Dealers/Distributors
 Research organizations and consulting companies.
 Research Institutes
 Industry associations
 Market research and consulting firm.

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 14

Competitive Advantage
The competitions that exist in the aerial drone photography line of business may not be stiff
simply because the business requires some level of technical skills and certifications. Although,
the aerial drone photography business requires some form of trainings, certifications and
expertise, it does not stop any serious-minded entrepreneur to start the business and still make
good profit out of this business.

Wide – Spread Pictures of our Aerial Drone Photography Company will be launching a standard
aerial drone photography business that will indeed become the preferred choice of businesses
and government agencies in metropolitan cities of India.

The strategic locations we will be intended covering, the business model we will be operating
on, ease of payment, wide range of products and our excellent customer service culture will
definitely count as a competitive advantage for Wide – Spread Pictures of Aerial Drone
Photography Company like us. So also, we will have a well – experienced and qualified team
that can go all the way to give our clients value for their money; a team that are trained and
equipped to pay attention to details.

Lastly, our employees will be well taken care of, and their welfare package will be among the
best within our category (startups photography / aerial drone photography companies) in the
industry meaning that they will be more than willing to build the business with us and help
deliver our set goals and achieve all our aims and objectives.

Pricing
Pricing is one of the key factors that gives leverage to Viper drones business, it is normal for
consumers to go to places where they can get good deals or hire the services of a company that
can give them good bargain for their money. We are aware of this trend which is why we will
have to put structures in place that will enable us charge fees that are a little below the
industry’s average.

We will ensure that we reduce our overhead, and we are ready to run on low profit margin for
the first six months of launching the business just for the purpose of attracting loyal clients and
build our clientele base.

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 15

Advertising and Promotion
 Introduce our business by sending introductory letters alongside our brochure to
corporate organizations, businesses in the agriculture sector, film makers, research
organizations and key stake holders in metro cities of India.
 Print handbills about our aerial drone photography business and its locations and drop
them in public facilities.
 Advertise on the internet on blogs and forums, and also on social media like Twitter,
Facebook, LinkedIn to get our message across, so that those on the social media or
those who read blogs can know where to go when they need the services of an aerial
drone photographer and delivery drones
 Creating a basic website for our business, so as to give our business an online presence
 Directly market our aerial drone photography business.
 Join local photography / aerial drone photography associations for industry trends and
tips
 Provide discount days for our customers
 Advertise our business in community-based newspapers, local TV and radio stations
 List our business on yellow pages ads (local directories)
 Encourage the use of word of mouth marketing (referrals)

Here are the platforms we intend leveraging on to promote and advertise Wide – Spread
Pictures of VIPER DRONES COMPANY;

 Place adverts on both print (community-based newspapers and magazines) and

electronic media platforms
 Sponsor relevant community programs
 Leverage on the internet and social media platforms like; Instagram, Facebook, twitter,
et al to promote our brand
 Install our Bill Boards on strategic locations all around common public hotspots of metro
cities of India
 Distribute our fliers and handbills in target areas
 Position our Flexi Banners at strategic positions in the location where our photo booths
are located.
 Ensure that all our workers wear our branded shirts and all our aerial drones, vehicles
are well branded with our company’s logo etc. and all.

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 16

FINANCIAL MANAGEMENT

According to market research from Gartner, the market size for commercial drones in 2016 was
$2.8 billion with only 110,000 million units sold. In 2017, commercial drones’ sales are estimated
to grow about 60% and reach 170,000. While personal drones dominate unit sales at 94% of the
market, they only comprise 40% of the market’s revenue share. Commercial drones only
represent 6% of the market, but their price tags of around $100,000 are projected to represent
60% of the industry’s revenue.

Chart Title
9
8
8

7
6
6 Consumer(In $B)
5 Commercial(In $B)
5 4.5 Total(In $B)
3.7 Linear (Total(In $B))
4
2.8 3
3 2.4
2 1.7

0
2016 2017 2018

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 17

 (In Dollars) 2018 2019 2020 2021 2022

Starting cash $400,000.00 $135,370.00 $42,820.00 $368,850.00 $1,392,950.00

Cash In:

Cash Sales $160,000.00 $300,000.00 $700,000.00 $1,400,000.0 $2,500,000.00

0
Receivables $500.00 $400.00 $400.00 $500.00 $600.00

Total Cash Intake $160,500.00 $300,400.00 $700,400.00 $1,400,500.0 $2,500,600.00

0
Cash Out
(expenses):
Cost of Sales $1,700.00 $1,800.00 $2,000.00 $2,000.00 $2,000.00

Assets for $80,000.00 $120,000.00 $30,000.00 $25,000.00 $10,000.00

Business Purposes
Legal Expenses $1,300.00 $1,300.00 $1,300.00 $1,300.00 $1,300.00

Rent $105,600.00 $105,600.00 $130,000.00 $130,000.00 $140,000.00

Utilities $2,500.00 $2,500.00 $2,550.00 $2,550.00 $2,550.00

Insurance $2,400.00 $2,400.00 $2,500.00 $2,500.00 $2,500.00

Telephone & $100.00 $100.00 $120.00 $120.00 $130.00

Internet
Marketing & $3,580.00 $3,800.00 $4,500.00 $5,000.00 $5,000.00
Advertising
Expenses
Equipment $163,750.00 $50,000.00 $75,000.00 $60,000.00 $12,000.00
Purchase
Transport & $600.00 $600.00 $800.00 $1,000.00 $1,500.00
Delivery
Cost for Startup $100.00 $150.00 $100.00 $130.00 $130.00
Inventory
Operational cost $60,000.00 $100,000.00 $120,000.00 $140,000.00 $180,000.00

Professional fees $2,500.00 $3,500.00 $4,000.00 $5,000.00 $6,000.00

Staff Costs $1,000.00 $1,200.00 $1,500.00 $1,800.00 $2,000.00

Total Cash Outgo $425,130.00 $392,950.00 $374,370.00 $376,400.00 $365,110.00

ENDING $(264,630.00 $(92,550.00) $326,030.00 $1,024,100.0 $2,135,490.00

BALANCE ) 0
CashFlow Statement:-

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 18

Profit and Loss Statement
In Dollars 2018 2019 2020
Income:

Sales $15000.00 $20000.00 $23000.00

Other $5000.00 $7000.00 $8000.00

Total Income $20,000.00 $27000.00 $31,000.00

Expenses:

Salaries/Wages $3,500.00 $4,000.00 $5,000.00

Payroll Expenses $850.00 $1000.00 $1100.00

Legal/Accounting $750.00 $800.00 $800.00

Advertising $1000.00 $1200.00 $1500.00

Travel/Auto $200.00 $300.00 $400.00

Dues/Subs. $400.00 $500.00 $700.00

Utilities $500.00 $600.00 $700.00

Rent $4000.00 $4000.00 $4200.00

Depreciation $700.00 $8,00.00

Permits/Licenses $250.00 $250.00 $350.00

Loan Repayments $4000.00 $6,000.00 $6,000.00

Misc. $2000.00 $1,000.00 $1,500.00

Total Expenses $17500.00 $20,350.00 $23050.00

NET $(2500.00) $6650.00 $7,950.00

PROFIT/LOSS

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 19

Balance Sheet
Assets Liabilities

Current Assets: $236,000.00 Current Liabilities:

Cash: Accounts Payable $15,000.00

Petty Cash $2,000.00 Notes Payable $1,000.00

Interest Payable $5,000.00

Accounts Receivable $500.00

Taxes Payable: $8,000.00

Inventory $100.00

Federal Income $3,300.00

Short-Term $100,000.00 Tax
Investment
State Income Tax $2,000.00
Prepaid Expense $1,000.00
Self-Employment $1,000.00
Long-Term $150,000.00 Tax
Investment Sales Tax (SBE) $400.00
Fixed Assets:
Property Tax $1,000.00
Land $150,000.00
Payroll Accrual $600.00
Buildings $10,000.00
Long-Term $500,000.00
Liabilities
Improvements
Notes Payable $1,000.00

Equipment $160,050.00
NET $271,950.00
WORTH/OWNER’
Furniture S
EQUITY/RETAINE
D EARNINGS
Automobiles/Vehicle $600.00
s
Total Assets: $810,250.00 Total Liabilities: $810,250.00

BUSINESS PLAN FOR DRONE MANUFACTURING COMPANY - DECEMBER 2018 20