GHW1 - Group 10

TRNG I HC KINH T - LUT KHOA KINH T I NGOI

----------------------

THM NH V QUN L D N U T

ti:

THIT LP V THM NH D N THNH LP

CA HNG BNH BO BABEVI TH C

GVHD : Ths. Ng Thanh Tr.

LP : K11402B NHM : nhm 10

1. Ng Vn Anh K114020238

2. Trn Th Tin Hng K114020258 3. Nguyn Th Anh Li K114020287 4. ng Nguyt Thanh K114020323 5. ng Th Chin Thng K114020330 6. Trng Thy Tin K114020341 7. Trn Th Bch Tuyn K114020351

Tp. H Ch Minh, thng 08 2014

DANH SCH NHM V PHIU NH GI THNH VIN

STT H V TN MSSV NH GI

1 Ng Vn Anh K114020238 Cc thnh vin u t im ti

a ca bng tiu ch nh gi

ca nhm ra.

Do , tt c u t mc im

ti a l 100/100 im.

2 Trn Th Tin Hng (Nhm trng)

K114020258

3 Nguyn Th Anh Li K114020287

4 ng Nguyt Thanh K114020323

5 ng Th Chin Thng K114020330

6 Trng Thy Tin K114020341

7 Trn Th Bch Tuyn K114020351

MC LC

Phn 1. TNG QUAN V D N ........................................................................................... 1

1.1 M t d n .................................................................................................................. 1

Cc bn lin quan ................................................................................................. 1

Cn c lp d n ................................................................................................... 1

1.2 Mc tiu, bi cnh v m, hin trng ........................................................................... 2

Mc tiu ca d n: .............................................................................................. 2

Bi cnh v m ...................................................................................................... 2

Hin trng khu vc (ngnh) .................................................................................. 3

Phn 2: TNG QUAN V TH TRNG ............................................................................... 4

2.1 Sc cu th trng ........................................................................................................ 4

2.2 Sn lng sn phm bn ra d kin ............................................................................. 4

2.3 Phn tch a im ........................................................................................................ 5

2.4 Thu v cc quy nh khc: ......................................................................................... 6

Phn 3. PHN TCH K THUT .............................................................................................. 7

3.1 Sn phm ...................................................................................................................... 7

Bnh bo tm chy Hu........................................................................................ 7

Bnh bo Bnh nh ............................................................................................. 8

Bnh bo BaBeVi hi sn ..................................................................................... 8

3.2 C cu sn phm trong danh mc ................................................................................ 8

3.3 Cng sut thc t ......................................................................................................... 9

Phn 4. PHN TCH NHN S ............................................................................................. 10

4.1 Nhn lc qun l ........................................................................................................ 10

Yu cu tuyn dng ............................................................................................ 11

Cch thc o to v qun l .............................................................................. 11

Cch thc t chc lm vic ................................................................................ 11

4.2 Bng lng nhn cng ............................................................................................... 11

Phn 5. K HOCH TI CHNH ........................................................................................... 12

5.1 Cc thng s v cc gi nh c bn cho d n: (Ph lc 1). .................................... 12

5.2 Bng chi u t v lch trnh khu hao ...................................................................... 12

5.3 Bng li vay v lch tr n: Ph lc 3. ....................................................................... 12

5.4 Bng doanh thu .......................................................................................................... 12

5.5 Bng chi ph hot ng (Ph lc 4) ........................................................................... 13

5.6 Thay i vn lu ng (Ph lc 5) ............................................................................ 14

5.7 Bng cn i li/l (Ph lc s 6) .............................................................................. 14

5.8 Ngn lu t do: (Ph lc 7) ....................................................................................... 14

5.9 Chi ph vn ................................................................................................................. 15

5.10 Tnh ton cc tiu ch la chn d n: ( ph lc 8) ................................................ 15

5.11 Bin dng ca dng ngn lu rng: ....................................................................... 16

Phn 6. PHN TCH RI RO ................................................................................................. 17

6.1 Phn tch nhy ....................................................................................................... 17

Phn tch nhy mt chiu............................................................................... 17

Phn tch nhy 2 chiu ................................................................................... 17

Nhn xt: ............................................................................................................ 18

6.2 Phn tch kch bn ...................................................................................................... 18

Phn tch kch bn .............................................................................................. 18

Nhn xt .............................................................................................................. 18

Phn 7. NHN XT V KT LUN ..................................................................................... 19

PH LC 1. BNG THNG S ............................................................................................ 20

PH LC 2. BNG CHI U T V BNG KHU HAO ............................................... 23

PH LC 3. BNG LI VAY V LCH TR N ............................................................... 24

PH LC 4. BNG CHI PH HOT NG ......................................................................... 25

PH LC 5. THAY I VN LU NG ......................................................................... 26

PH LC 6. BNG CN I LI / L ............................................................................... 27

PH LC 7. BO CO NGN LU .................................................................................... 28

TI LIU THAM KHO ........................................................................................................ 30

1

Phn 1. TNG QUAN V D N

1.1 M t d n

- Tn d n: Thnh lp ca hng Bnh Bo BaBeVi.

- Lnh vc: Kinh Doanh m Thc.

- Chng ti d nh thnh lp mt ca hng c tn l Bnh Bo BaBeVi. Ca hng

ny chuyn cung cp bnh bo Hu, bnh bo Bnh nh v c bit l bnh bo BaBeVi

(mt sng to ring ca chng ti) pha ln nt truyn thng v hin i.

- Hnh thc phc v: ca hng s phc v khch hng qua hai knh: trc tip v giao

hng tn ni.

- a im: ng Thng Nht, qun Th c.

- Vng i ca d n: d n bnh bo BaBeVi c thc hin trong vng 3 nm (2015

2017), sau chng ti s tip tc thc hin d n khc hon thnh mc tiu di

hn ca chng ti.

Cc bn lin quan

- Ch u t: nhm 7G.

- Ch n: ngn hng SacomBank.

- i tng khch hng: hc sinh, sinh vin v gii vn phng khu vc ng t Th

c v ln cn.

- Nh cung cp: ca hng go sch Th c, cc nguyn liu khc mua t ch Linh

Trung.

Cn c lp d n

1.1.2.1 Cn c thc t

- Th trng dnh cho sn phm bnh bo rt tim nng v c nhiu c hi pht trin.

- Nhu cu s dng thc n nhanh ngy cng tng do cuc sng ngy cng bn rn.

- Vn u t v pht trin d n khng cao, k thut n gin.

1.1.2.2 Cn c php l

- D n thc hin m bo cc yu t quy nh ca lut php Vit Nam v loi hnh

v sn phm kinh doanh l hp php.

- Tun th quy nh ca php lut v v sinh an ton thc phm v phng chy cha

chy.

- Vic la chn, s dng ngun lao ng v cch chnh sch lin quan m bo cc

quy nh v Lut Lao ng Vit Nam.

2

- Chnh sch trch np thu r rng, c th th hin qua bng phn tch ti chnh.

1.2 Mc tiu, bi cnh v m, hin trng

Mc tiu ca d n:

- Mc tiu ngn hn: Vi ca hng m thc thc n nhanh, ca hng BaBeVi s nhanh

chng hon vn v xy dng thng hiu ngay trong nm u tin thc hin d n. V

trong 2 nm tip theo ca hng chng ti s tng thm doanh s, tm kim li nhun v

khch hng tim nng; tng kh nng cnh tranh, v nng cao gi tr thng hiu Bnh

bo BaBeVi trn th trng.

- Mc tiu di hn: D n s thit lp chui ca hng Bnh bo BaBeVi chuyn

cung cp cc loi bnh bo, bnh bt lc.

Bi cnh v m

1.2.2.1 Mi trng kinh t V m

- Kinh t Vit Nam ni chung v kinh t thnh ph H Ch Minh ni ring ang pht

trin vi tc tng i nhanh. Theo Tng cc thng k, GDP bnh qun u ngi

ca nc ta vo nm 2010 t 1,273 (USD/ngi/nm), nm 2012 t 1,749

(USD/ngi/nm) v n nm 2013 t 1,960 (USD/ngi/nm). Thu nhp trung bnh

ngy cng tng ln v theo cc nhu cu v m thc cng tng ln.

- Li sut ngn hng gn y c nhiu bin ng, c xu hng tng trong mt vi

thng gn y, y l mt du hiu bt li cho d n.

- Theo Qu tin t th gii (IMF) trong 2015 lm pht trung bnh Vit Nam d kin

l 5%. Theo tng cc thng k, ch s lm pht na u nm nay (6 thng 2014) ch

mc 1,38% so vi thng 12 nm 2013, thp nht trong vng 13 nm tr li y. Tn hiu

ng mng cho nn kinh t Vit Nam v l mt im sng cho d n t c mc

tiu di hn.

1.2.2.2 Mi trng php l

Trong nn kinh t th trng hin nay, vic m ra cc loi hnh kinh doanh khng

cn kh khn v lun c nh nc khuyn khch. Cho nn vi m hnh kinh doanh

m thc lu li nt vn ha truyn thng th vic ng k s d dng.

1.2.2.3 Mi trng vn ha x hi

- Thnh ph H Ch Minh l a phng c mt dn c dy c, thnh ph vi dn

s ng nht nc 3,666 (ngi/km2/nm 2012) (ngun: Tng cc thng k), l u mi

thu ht, quy t nhiu tng lp trong x hi nht. Vi s pht trin ca nn kinh t, nhu

3

cu thng thc cc mn n ngon l iu tt yu. iu ny cho thy thnh ph H Ch

Minh thc s l th trng tim nng cho d n.

- Trong cuc sng hin i ngy nay, ngy cng c nhiu mn n nc ngoi du nhp

vo Vit Nam, nhng nhng mn n truyn thng mang m nt c sc vn ha vng

min lun c a thch bi thc khch trong v ngoi nc.

Hin trng khu vc (ngnh)

Cc vn quan trng ca ngnh, cc chin lc ca nh nc v chnh sch lin quan

n ngnh m c th nh hng n d n.

- Nhng nm gn y th trng thc n nhanh r ln nh mt tro lu ca sinh vin,

hc sinh, nhn vin vn phng... Trong nhp sng hin i, ngy cng gp gp, con ngi

thng c xu hng tit kim thi gian cho ba n. Theo cng ty phn tch th trng

AC Nielsen Vit Nam, th trng s khai ca thc n nhanh ch chim khong 8% ngi

tiu dng v s ln dng t 1-3 ln/ thng. Theo s liu t Vietnamnet, gn y, th

trng thc n nhanh ti Vit Nam pht trin kh mnh vi 19,7 triu lt giao dch mi

nm, mang v 869 t VN doanh thu (nm 2011). Nhc n th trng thc n nhanh

Vit ni chung v TP.HCM ni ring, phi k n cc thng hiu ln nh: Loteria,

KFC, VietMac, Bnh M ta, Ph 24, Tuy nhin, tm thy mt s a dng trong

thc n nhanh thun Vit th khng h d.

- Vn bo tn v pht huy gi tr truyn thng, m bn sc dn tc lun c

Nh Nc quan tm v h tr. y l mt u th ln cho d n i vo hot ng v pht

trin.

4

Phn 2: TNG QUAN V TH TRNG

2.1 Sc cu th trng

- Thnh ph H Ch Minh l trung tm vn ha - gio dc ca c nc vi h thng

a dng cc trng i hc, thu ht ng o cc bn sinh vin sinh hot v hc tp

y.

- Cng ng min Trung (qu hoc c gc) c tnh chim khong 30% dn s. Ngy

nay, s ngi ra Thnh ph H Ch Minh cng tc v hc tp khng ngng tng ln.

- Chi tiu cho n ung ca ngi Thnh ph H Ch Minh ni ring, ca ngi Vit

Nam ni chung chim t trng rt ln trong thu nhp ca h (Vit Nam ng u khu

vc chu ).

- Ngi tiu dng ti Thnh ph H Ch Minh c nhu cu cao vi cc mn n c sn,

th hin c tnh cng ng, gi c va phi v m bo v sinh an ton thc phm.

- Tnh cht c trng ca th trng n ung l pht trin n nh sau khi trin khai

xong qu trnh nh v nn sn phm c nhng tin pht trin lu di.

- Th trng n ung gi bnh dn Thnh ph H Ch Minh pht trin rt mnh

m, tuy nhin a s c th thy l kinh doanh n ung va h, t t ra nhng cu hi

v cht lng v sinh an ton thc phm ngi tiu dng v cc nh chc nng.

- Mn bnh bo l mt c sn c mi ngi a thch nhng li thiu ca hng

chuyn v cung ng, ch c by bn ti mt s a im nh l lng i hc Th

c, khu vc i hc Ngn Hng...

Qua nhng vn trn, chng ti d on trong ngn hn, th trng ny tip tc i

hi cao hn v tnh c o, l ming ca sn phm, cng nh nhiu tin ch khc m

sn phm mang li. Do vy, n kinh doanh nh trnh by trong Phn 1 c thc

hin nhm p ng nhu cu ca khch hng. Sau 3 - 4 nm na chng ti c nh s

pht trin ca hng Bnh bo BaBeVi thnh chui ca hng vi quy m ln, v tip

l tr thnh cc ca hng m thc c nhiu loi c sn ca mnh t min Trung, kt

hp vi thng thc khng gian khi tham quan qun nh dn ca, th, ca dao bn a.

2.2 Sn lng sn phm bn ra d kin

- Quy m u t dnh cho qun: Chng ti cn mt bng c din tch khong

5*15=75m2. B tr ti u din tch nh sau:

+ Khu bp: 5*3m = 15 m2.

+ Khu thu ngn: 1.3*2m = 2.6m2.

5

+ Khu WC: 5 m2 (2*2.5m).

Cc hng mc trn chim khong 22.6 m2. Khng gian cn li dng b tr bn gh, tiu

cnh, cy ci Din tch khng gian cho 1 b bn gm 1 bn & 4 gh ti u l 3.5 m2.

Do vi din tch 75 m2 c th b tr c 15 b bn gh vi sc cha ti a 60 ngi.

- Gi bn d kin: (8 chn/da)

Nm 2015 2016 2017

Gi 18.000 20.000 22.000

Nm u (nm 1), chng ti nh gi thp hn i th cnh tranh d thm nhp

th trng, cc nm sau nh gi ngang i th cnh tranh.

- S lng hng bn d kin:

Bng 2.1 S lng hng bn d kin nm 2015 2017

Thi k u, do gp phi cc yu t tc ng nh: cnh tranh, hnh vi tiu dng ca

khch hng, hnh nh ca hng cha c qung b rng ri.... nn s lng hng ha

c tnh bn ra cha nhiu, nhng s c ci thin v tng ln trong nhng k tip.

2.3 Phn tch a im

Chng ti da trn cc nguyn tc chung la chn a im: li th v mt

kinh t, ph hp loi hnh kinh doanh, an ninh, mi trng, s ng ca a phng.

0 1 2 3

2014 2015 2016 2017

K I K II K I K II K I K II

S lng bn 15 15 15 15 15 15

S da/bn/1 ln 4 4 4 4 4 4

S gi hot ng (gi/ngy)

6 6 6 6 6 6

Thi gian trung bnh s dng 1 bn

0.5 0.5 0.5 0.5 0.5 0.5

Tng s da bn ra (da/ngy)

720 720 720 720 720 720

Cng sut bnh qun 25% 34% 56% 56% 60% 60%

S lng bn bnh qun (da/ngy)

180 245 403.2 403.2 432 432

S lng bn bnh qun (da/k)

32,400 44,064 72,576 72,576 77,760 77,760

6

Da vo cc tiu ch ny, chng ti xt thy a im thch hp t ca hng u tin

trn ng Thng Nht, qun Th c, gn khu vc ng t Th c, Qun 9. C th:

- Li th kinh t: y l khu vc tp trung nhiu cc ngn hng, on th, doanh

nghip, trng anh ng, cng nh cc trng i hc, trng trung hc, tiu hc, Do

, ni y tp trung ng cc i tng nh hc sinh, sinh vin, nhn vin vn phng

l khch hng mc tiu ca d n. Mc d khu vc ny cng tp trung nhiu qun x

nhng vn cha c mt ca hng no c th p ng y cc tiu ch: khng gian

thoi mi, gn gi vi thin nhin; cung cp thc n nhanh gn vi mc gi phi chng;

thc phm m bo tnh an ton, v sinh, iu ny to cho d n mt li th cnh

tranh nu t ca hng trong khu vc ny.

- Mi trng: khng gian cc khu vc kh thoi mi, t chu nh hng bi khi bi

hay ting n nh trung tm thnh ph. Xung quanh c cy xanh bao ph m bo cho

khch hng c th thng thc bu khng kh trong lnh, mt m sau ngy di hot

ng.

- S nht tr ca a phng: khu vc ny c cp php kinh doanh v a phng

cng to iu kin tin hnh hot ng kinh doanh cho c th kinh doanh trong phm

vi cho php.

Vi a im ny, nhm tn dng c khng gian thong mt, khu vc u xe

rng rt ph hp. Hn na, gi c cho vic thu mt bng 60 triu ng/thng v iu

khon thu mt bng nm trong phm vi d n c th gii quyt c. Do , y l a

im ph hp nht trin khai d n.

2.4 Thu v cc quy nh khc:

- Theo Chi cc thu i vi h kinh doanh c th c cc loi thu sau:

Thu thu nhp h kinh doanh: 12%

Thu VAT h kinh doanh: 2%

Thu mn bi: c nm np 1.000.000 VN.

- Cc quy nh lin quan ca nh nc:

+ V sinh an ton thc phm: m bo cc tiu chun v an ton v sinh thc phm,

xin cp giy chng nhn.

7

Phn 3. PHN TCH K THUT

3.1 Sn phm

Bnh bo Hu, bnh bo Bnh nh, t lu tr thnh mt nt vn ho m

thc tinh hoa i su vo tm hn ngi Vit. Mc d ch xut hin nhng m hnh

qun va h, hay mt vi qun nh nhng hin nay, ti thnh ph H Ch Minh bnh

bo tr nn rt i thn quen. Ly cm hng t nhng loi bnh truyn thng m tinh

t ny, ca hng chng ti chuyn cung cp nhng sn phm sau: bnh bo tm chy

Hu, bnh bo Bnh nh v bnh bo BaBeVi hi sn.

Bnh bo tm chy Hu

- Nguyn liu gm: 1/2 kg bt go, 1 lt ri nc lc, 1 mung canh bt nng, 1 t

mui, 1/2 mung cafe bt nm Knoor, Hnh l xt nh, B heo ct ming vung nh,

Tm kh ra sch tht kh ro, Chn snh nh hp, 1 t nc un si ngui +

ng ct + Nc mm ngon.

- Cch ch bin:

+ Bt go pha vi nc, khuy u cho tan ri ry qua 1 ln vo 1 ni nh.

+ Nm gia v v cho bt nng vo. i cho bt nm mm ra ri khuy u.

+ Mc khong 6 v nh hn hp bt ra 1 t bnh t t. Mi ln th khuy

u bt trong t ln.

+ nc vo ni sao cho va gn chm y xng hp sau t chn vo xng.

+ i nc si ln v chn tht nng th mc tng v bt vo. Mi v vo 1

chn ri y kn np, hp t 5-6 pht l chn.

+ Sau khi chn th ly chn ra ngui ri dng mung c fe, xoay bnh ra khi

chn. Lm tip m tip theo.

+ Chin vng b heo sau ct nh chng ra. Phn du chin b heo c th dng li

thng hnh l xt nhuyn lm m hnh pht ln bnh.

+ Tm tht kh ri xay nhuyn ra bng my xay sinh t loi nh n khi bng

ti ra l c.

8

Bnh bo Bnh nh

- Nguyn liu gm: 1/2 kg go trng, 1 lt ri nc lc, 1 t mui, 1/2 mung cfe

bt nm Knoor, L h thi nh, lc rang gi nh, Chn snh nh hp, 1 t nc un

si ngui + ng ct + Nc mm ngon.

- Cch ch bin:

+ Ngm go trng vo nc m khong 6-8 gi, sau xay bt trc khi bnh.

+ un si nc trong ni hp, sau b chn vo lm nng chn.

+ Sau mc bt vo chn ri y kn np. Hp khong 5-6 pht l chn, ri

ly chn ra v lm m tip theo.

+ Pha ch nc chm c trng Bnh nh.

+ Cho du n ( phi vi hnh c thi mng), nc chm v l h vo bnh trc

khi n.

Bnh bo BaBeVi hi sn

- Nguyn liu gm: bt go, tm kh, tm ti (chn loi tm t), mc ti, rau

thm, bnh phng tm.

- Cch ch bin: Bnh Bo BaBeVi c ch bin theo cng thc ring, m bo

cht lng, hm lng dinh dng v v sinh an ton thc phm.

3.2 C cu sn phm trong danh mc

Sn phm c phn thnh 5 nhm vi t l/ doanh thu nh sau:

Sn Phm(SP) T l trong doanh thu (%)

Bnh Bo BaBeVi 30

Bnh Bo Hu (chn + da) 35

Bnh Bo Bnh nh (chn + da) 35

9

3.3 Cng sut thc t

2014 2015 2016 2017


S ln hp bnh/ni/ ngy 18 18 18 18 18 18

S chn/khay 24 24 24 24 24 24

S khay/ni 3 3 3 3 3 3

S ni 2 2 3 3 3 3

S bnh/ngy 2,592 2,592 3,888 3,888 3,888 3,888

S chn/da 8 8 8 8 8 8

S da/ngy 324 324 486 486 486 486

Cng sut thc t 0.6 0.80 0.85 0.85 0.90 0.90

S lng da thc t sn xut (da/ngy)

194 259 413 413 437 437

S lng sn xut (da/k) 34,992 46,656 74,358 74,358 78,732 78,732

Trong thi k u, do cc iu kin sn xut ban u cha hon thin nn cng

sut ch t 60% . Nhng k sau khi k thut dn c ci thin th nng sut s tng

ln hng nm.

10

Phn 4. PHN TCH NHN S

4.1 Nhn lc qun l

B phn S lng Thi gian lm vic Nhim v i tng

Qun l 1 Lm vic theo ca.

14h30-21h30

- S chu trch nhim theo di, qun l ton b hot ng ca ca hng. - Lp k hoch, nh hng, xy dng chin lc pht trin ca ca hng. - Qun l, iu phi, gii quyt cng vic hng ngy, Thu tin, qun l h thng thu tin t ng, Qun l thu chi hng ngy, Kt ton thu chi hng tun/thng/nm.

Nhn lc cho nhng v tr qun l ny l chng ti nhng ngi thc hin d n Bnh bo BaBeVi.

B phn Marketing

1 Lm vic theo nhim

v c giao

- Nm bt th trng tiu th, t , tin hnh lp k hoch Marketing hiu qu cho nhng sn phm ca ca hng, m bo s to bo, mi l trong chin lc marketing. Gii thiu sn phm n khch hng tim nng. - Chu trch nhim marketing online.

B phn sn xut

1 u bp, 2 ph bp

u bp: 13h - 20h. Ph bp: lm theo ca

(mi ca 1 ngi): 7h - 15h, 15h - 21h

- S qun l dy chuyn lm bnh ca ca hng: m bo ng qui trnh, v v sinh an ton thc phm. Lun m bo cht lng tt nht ca sn phm lm ra. - ph bp: chun b nguyn ph liu, ....

- u bp: s mi mt th chuyn lm bnh lm trng b phn sn xut. - Ph bp: Nhng ngi c kinh nghim lm bnh s c tuyn vo v tr ph bp.

Nhn vin

phc v bn

3 ngi 15h - 21h - Phc v ti qun. - Giao hng.

Sinh vin, nhng ngi ra trng cha c vic lm, nhng ngi c nhu cu lm thm.

Bo v 1 15h - 21h - Trng coi ca hng, gi xe, dt xe cho khch. Nam

11

Yu cu tuyn dng

- L ngi nhit tnh, ham hc hi, c trch nhim vi cng vic c giao.

- Thi lm vic chuyn nghip, chp hnh tt ni quy ca ca hng (nghim tc,

ng gi, nhanh nhn, lch s, ha nh).

- Lun phc v khch hng theo phng chm Khch hng l thng .

- Ch ng tm hiu, pht hin ra nhng thiu xt, im cha hp l ca d n, ca

ca hng kp thi iu chnh.

Cch thc o to v qun l

- Tp hun ph bin ni quy trc khi vo lm vic, thng xuyn hp rt kinh

nghim, c bit l trong x l cc tnh hung bt ng.

- Hun luyn nhn vin thm nhun quy tc lm vic ca ca hng.

- Ph bin kin thc v sn phm ca ca hng, cch lm vic ca tng b phn.

Cch thc t chc lm vic

- Phng chm hot ng: em n cho khch hng nhng sn phm m bo cht

lng, ph hp vi ti tin, to nn s bn vng thng qua nhng gi tr lu di.

- Nguyn tc lm vic: nhanh nhn, thn thin.

- Chnh sch i ng: lm thm ngy ngh, l s c tr cao hn, thng cho cc c

nhn c ng gp quan trng em v li nhun cho ca hng, k lut i vi c nhn vi

phm ni quy.

- Phn cng lao ng theo quy trnh sn xut.

4.2 Bng lng nhn cng

n v: VND/thng.

B phn S lng Lng/ngi Thnh tin

Qun l 1 4,000,000 4,000,000

Trng b phn Marketing 1 2,000,000 2,000,000

B phn sn xut

+ u bp 1 3,500,000 3,500,000

+ Ph bp 1 2,500,000 2,500,000

Nhn vin phc v bn 3 2,200,000 6,600,000

Bo v 1 1,800,000 1,800,000

Tng 8 20,400,000

Qua cc nm th mc lng s c gia tng 5%/nm.

12

Phn 5. K HOCH TI CHNH

Doanh thu t ngun bn hng v cung cp dch v chim 100 %. Cc bng dng

phn tch ti chnh bao gm:

5.1 Cc thng s v cc gi nh c bn cho d n: (Ph lc 1).

Bao gm thng tin u t: chi u t my mc, thit b, dng c v chi u t

sa cha, trang tr qun l 94,785,000 VND. Thng tin ti tr: theo c tnh s tin cn

u t ban u vo qun l: 96,785,000 VND. Trong : Vn gp t 7 thnh vin nhm

7G: 26,785,000 VND. Vn vay t ngn hng SacomBank: 70,000,000 VND, li sut

danh ngha 14%/ nm, n gc v li tr u theo k 6 thng, tr trong 3 k.

Ngoi ra, thng tin sn xut v thng tin khc c th tham kho Ph lc 1.

5.2 Bng chi u t v lch trnh khu hao

Bng khu hao: cc my mc thit b, cng c dng c khu hao trong 5 nm.

S dng phng php khu hao ng thng. (Ph lc 2)

5.3 Bng li vay v lch tr n: Ph lc 3.

5.4 Bng doanh thu

n v: nghn VND

0 1 2 3

2014 2015 2016 2017


Gi bnh

bo 18 18 20 20 22 22

Doanh thu

hng bn 583,200 793,152 1,451,520 1,451,520 1,710,720 1,710,720

Doanh thu

t bnh bo gim gi

23,328 23,328 17,820 17,820 10,692 10,692

Tng doanh thu

606,528 816,480 1,469,340 1,469,340 1,721,412 1,721,412

Din gii bng doanh thu

K 1 - Nm 1:

Do cc iu kin sn xut cn hn ch, trnh tay ngh cha cao th nng sut

ch t mc ti a 60% (c ngha l s lng da bnh sn xut trn l thuyt l 324

da), nhng thc t ch sn xut c 194 da.

13

kha cnh u ra, doanh thu k 1 ca nm u tin s c nhng nh hng nht

nh bi:

+ Sc cnh tranh t cc nh sn xut lu nm trong ngnh.

+ S thiu hiu bit v khng nm r v th trng tiu th.

+ S hn ch trong cht lng do cc vn k thut ban u pht sinh trong khi

ngi tiu dng ngy cng kh tnh.

Do sn lng tiu th k 1 ca nm u tin ch t 25 % sn lng u ra

sn xut c tng ng doanh thu c tnh: 606,528,000 VND

K 2- Nm 1:

Chuyn mn c nng cao v k thut c ci tin nn nng sut sn xut d

kin s c ci thin v t mc 80%. Bn cnh cc hiu bit nht nh qua mt

thi gian tham gia th trng gip ci thin ng k ngun tiu th tuy nhin cng

cn nhng ro cn nht nh khin doanh thu cha th ci thin mnh. chnh l:

+ S khch hng trung thnh vi sn phm bnh bo cha nhiu.

+ Thi quen tiu th cc mn khc l rt kh t b.

T y c th thy sn lng tiu th c s ci thin cha ng k . Do sn

lng tiu th d kin trong k th 2 ch t c 34% sn lng sn xut ti a iu

kin nng sut 80%, vi doanh thu c tnh: 816,480,000 VND.

Nm 2:

nm th 2, khi ngun cu tiu th c n nh, s lng khch hng trung

thnh tng ln v th trng c m rng th sn lng bn ra thc s c ci thin

r nt v c tnh bn c gn 56% lng khch hng ti a m ca hng c th phc

v vi cng sut ln nht. Gi bn lc ny s dao ng quanh mc 20.000VND/da. T

doanh thu d tnh s l 2,938,680,000 VND.

Nm 3:

D tnh doanh thu s t mc ti u do hiu qu sn xut cao hn 90%. Bn cnh

l tp hp c cc khch hng trung thnh v tm ra cc i tng khch hng tim

nng, nn d kin s p ng c 60% lng khch hng ti a m ca hng c th

phc v vi cng sut ln nht. Cng vi s tng gi cho ngang bng vi gi th trng

bn ngoi y mc gi ln mc va phi (22000 VND/ da), tng doanh thu

3,442,824,000 VND.

5.5 Bng chi ph hot ng (Ph lc 4)

14

*Gi c nguyn vt liu c tham kho trn th trng thc t.

5.6 Thay i vn lu ng (Ph lc 5)

- Qun thc hin bn hng ti ch, vi nhng khch hng c la chn th kh

nng n hu nh khng c. Do vy chnh lch khon phi thu l 0.

- Chi ph mua mt s NVL, cc khon phi tr d tnh bng 30% chi ph NVL

trc tip

- Cn i tin mt cho hot ng c tnh l 5% doanh s bn gp k k tip.

5.7 Bng cn i li/l (Ph lc s 6)

Din gii:

- Gi vn: tng gi vn tng ln khi nng sut hng nm tng ln. ng th cng

b nh hng bi lm pht.

- Chi ph gin tip: tng qua cc nm v:

- Lng nhn cng: Do tnh cht c th v s thm dng sc lao ng ca vic

lm bnh, cng vic ca nhn vin nhiu hn khi nng lc sn xut tng nn qua cc

nm th mc lng s c gia tng d trn s tha thun.

- Chi ph bo tr, cc chi ph khc: tng cng vi tc tng nng sut.

- Chi ph marketing: Trong k 1, nm u khi gia nhp th trng, chin dch

marketing s c tin hnh nhm thu ht s quan tm ca khch hng nn s chi nhiu

hn cc k cn li.

- Chi ph thu: i vi h kinh doanh c th th c 3 loi thu phi np: thu mn

bi, VAT, thu nhp.

5.8 Ngn lu t do: (Ph lc 7)

- Trn qun im ca ch s hu: trong giai on u t ban u (cui nm 2014),

ngn lu rng m do phi b chi ph ra u t. Nhng trong nhng nm sau, kt qu

hot ng kinh doanh rt tt do hot ng vi cng sut cao hn v lng khch hng

cng nhiu hn. Doanh thu t d n ln hn chi ph sn sut nn ngn lu rng s tng

qua cc nm. Do , ng trn quan im ca ch u t, d n ny mang li li ch

cho h.

- Trn quan im ca ngn hng: Vn vay c gii ngn vo nm 0, tr vn v

li trong vng 1.5 nm. Dng tin rng ca d n tng ln qua cc k (h s tr n DCSR

= 1.08 > 1) to ra dng tin thc hin ngha v tr n, m bo an ton cho Ngn

hng.

15

- Ngn sch nh nc: m bo c ngha v tr thu cc nm.

5.9 Chi ph vn

+ Chi ph vn ch s hu: re = 12%/nm.

+ Chi ph vn vay: rd = 14%/nm.

+ Thu thu nhp: 12%/nm.

+ Cng thc: WACC = re * E/(E+D) + rd*(1-T)* D/(E+D)

Trong :

+ re: t sut thu nhp mong mun ca ch s hu.

+ rd: li sut mong mun ca ch n.

+ E: gi th trng c phn ca cng ty.

+ D: gi th trng n ca cng ty.

+ T: thu thu nhp doanh nghip.

Do vy: Chi ph vn bnh qun trng s : WACC = r = 3.54 %/k.

5.10 Tnh ton cc tiu ch la chn d n: ( ph lc 8)

+ NPV d n = 1,986,542,460 VND.

+ NPV ch s hu = 1,986,542,460 VND

+ IRR = 1.60

+ H s an ton tr n: DSCR = 1.08

+ B/C thng = 1.443

+ Tpp = 0.798

Nhn xt cc tiu ch la chn d n:

+ Ta c: NPV d n v ch s hu u ln hn 0 => D n kh thi v mt ti chnh.

+ IRR > WACC, IRR > Re => Sut sinh li ni ti ca d n ln hn sut sinh li

k vng ca d n v ca ch s hu.

+ DSCR > 1 => D n to ra dng tin thc hin ngha v tr n.

+ B/C thng > 1 => Dng tin vo ca d n b p chi ph b ra.

+ Thi gian hon vn nhanh, trc vng i ca d n.

16

5.11 Bin dng ca dng ngn lu rng:

-200,000,000

-100,000,000

0

100,000,000

200,000,000

300,000,000

400,000,000

500,000,000

600,000,000

700,000,000

Nm 0 K 1 nm 1

K 2 nm 1

K 1 nm 2

K 2 nm 2

K 1 nm 3

K 2 nm 3

Nm 4

S 1. Bin dng ngn lu rng ca d n

17

Phn 6. PHN TCH RI RO

6.1 Phn tch nhy

Phn tch nhy mt chiu

- Bng 6.1 Phn tch nhy 1 chiu cho NPV theo chi u t nm 0.

Chi u t nm 0

NPV -106,344,690 -112,600,260 -118,855,830 -125,111,400 -131,366,970 -137,622,540 -143,878,110

1,986,542,460 2,005,309,170 1,999,053,600 1,992,798,030 1,986,542,460 1,980,286,890 1,974,031,320 1,967,775,750

- Bng 6.2 Phn tch nhy 1 chiu cho IRR theo chi u t nm 0.

Chi u t nm 0

IRR -106,344,690 -112,600,260 -118,855,830 -125,111,400 -131,366,970 -137,622,540 -143,878,110

1.600 1.819 1.738 1.666 1.600 1.540 1.485 1.435

Phn tch nhy 2 chiu

Bng 6.3 Phn tch nhy 2 chiu cho NPV theo chi u t nm 0.

NPV Chi u t nm 0

Su

t

chi

t t

nh

1,986,542,460 -106,344,690 -112,600,260 -118,855,830 -125,111,400 -131,366,970 -137,622,540 -143,878,110

2% 2,142,652,746 2,136,397,176 2,130,141,606 2,123,886,036 2,117,630,466 2,111,374,896 2,105,119,326

3% 2,052,047,500 2,045,791,930 2,039,536,360 2,033,280,790 2,027,025,220 2,020,769,650 2,014,514,080

4% 2,005,309,170 1,999,053,600 1,992,798,030 1,986,542,460 1,980,286,890 1,974,031,320 1,967,775,750

5% 1,885,292,571 1,879,037,001 1,872,781,431 1,866,525,861 1,860,270,291 1,854,014,721 1,847,759,151

6% 1,808,519,838 1,802,264,268 1,796,008,698 1,789,753,128 1,783,497,558 1,777,241,988 1,770,986,418

7% 1,735,773,785 1,729,518,215 1,723,262,645 1,717,007,075 1,710,751,505 1,704,495,935 1,698,240,365

8% 1,666,798,270 1,660,542,700 1,654,287,130 1,648,031,560 1,641,775,990 1,635,520,420 1,629,264,850

18

Nhn xt:

- Phn tch nhy 1 chiu: ta thy khi tng chi u t th NPV, IRR u gim, v ngc

li. Tc chi u t nghch bin vi NPV, IRR. Tuy nhin, NPV vn ln hn 0 => d n kh thi.

- Phn tch nhay 2 chiu: khi chi u t hoc sut chit tnh thay i th xc sut

NPV ln hn 0 l 1. => D n kh thi.

6.2 Phn tch kch bn

Phn tch kch bn

Bng 6.4 Kch bng 3 trng hp thay i ngn lu vo (chi u t v WACC).

Trng hp Chi u t WACC

TH 01 Tt 100,089,120 2%

TH 02 Trung bnh 125,111,400 4%

TH 03 Xu 150,133,680 6%

Bng 6.5 Bng phn tch kch bng thay i ngn lu vo theo Scenario Summary.

Current

Values: kch bn tt Kch bn trung

bnh Kch bn xu

Changing Cells:

$B$4 125,111,400 100,089,120 125,111,400 150,133,680

$B$5 0.035386097 0.02 0.035386097 0.06

Result Cells:

$B$7 1,986,542,460 2,123,886,036 1,986,542,460 1,789,753,128

Nhn xt

Gi nh cc yu t khc khng i, xt cc kch bn ca chi u t ban u v s bin

ng ca chi ph s dng vn.

- Nu d n xy ra theo kch bn tt, WACC gim xung cn 2% v chi ph u t ban

u l 100,089,120 VND thp hn d tnh ban u l 125,111,400 VND th NPV tng.

- Nu d n xy ra theo kch bn xu, WACC tng ln mc 6% v chi u t ban u

tng ln 150,133,680 VND th NPV ca d n gim.

19

Phn 7. NHN XT V KT LUN

D n rt c tim nng pht trin trong tng lai. Ngoi vic c a im thun

li th d n cn c th trng nguyn vt liu v tiu th tng i ln v n nh. Do

m bo c s n nh ca qu trnh hot ng trong sut vng i d n. Thng

qua chnh sch gi, qun l, marketing... mt cch ti u, d n cng c tnh cnh tranh

trn th trng.

Hn na, qua qu trnh phn tch, c th nhn thy kt qu kinh doanh kh thi trong

tng lai gn. C th:

- Hiu qu ti chnh:

+ NPV d n = 1,986,542,460 VND.

+ NPV ch s hu = 1,986,542,460 VND.

+ IRR = 1.60

+ Tpp = 0.798

D n c NPV > 0, IRR ln hn WACC v Re rt nhiu. Thi gian hon vn t hn

1 nm, nh hn vng i ca d n, t sut sinh li ca d n rt cao. T nhng phn

tch trn, d n c nh gi l c tnh kh thi v mt ti chnh.

Kt qu phn tch nhy cho thy: NPV t b nh hng tiu cc khi cc yu t:

chi u t nm 0 v t sut chit khu thay i.

Kt qu ca phn tch kch bn cho thy: vi 3 kch bn khc nhau th chi u t

nm 0 v s bin ng ca chi ph s dng vn khng phi l yu t tc ng xu n NPV.

Tm li: Qua vic phn tch tnh kh thi ca d n, li ch kinh t v x hi m d n

mang li. Chng ti tin rng d n s thnh cng khi thc hin.

20

PH LC 1. BNG THNG S

0 1 2 3

2014 2015 2016 2017


BNG THNG S

Thng tin u t (VND)

Tng chi ph u t my mc thit b, cng c , dng c

34,785,000 1,300,000

Chi ph u t, sa cha, bi tr qun 60,000,000

Thi gian khu hao my mc thit b 5 nm

Vng i kinh t ca my mc thit b 10

nm

Thng tin sn xut

c tnh cng sut

S lng da/ k 34,992 46,656 74,358 74,358 78,732 78,732

c tnh s lng bn ra

S lng bn bnh qun(da)/k 32,400 44,064 72,576 72,576 77,760 77,760

T l cn i tin mt (CB)/Doanh s bn gp k k tip

0.05

T l khon phi tr (AP)/Tng chi ph trc tip 30%

Chi ph trc tip/da

Gi

(VND)

CP lm bnh bo

Go 2000

Tm (lm bnh bo+ch bng) 1000

bt nng 500

Mc 1500

21

du 500

Rau 250

ng 150

Nc mm 1000

Mui 30

Bt ngt 150

t, ti, hnh 1,000

Cc loi NVL khc

in, gas, nc/ chi ph NVL sn xut bnh bo 12%

Chi ph tng cng

Lao ng (tng cng) 12,600,000 /thng

Tc tng lng, khng k lm pht 5% /nm

Chi ph gin tip

Lao ng (tng cng) 7,800,000 /thng

Tc tng lng, khng k lm pht 5% /nm

Tin thu t 10,000,000 /nm

Bo tr/Tng chi ph trc tip 0.8%

Chi ph khc/Tng chi ph trc tip 0.3%

Chi ph bn hng (tip th qung co) 12,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000

Thng tin ti tr

Vay n VND 70,000,000

Li sut danh ngha 14% /nm

Li sut thc 8.6% /nm

li sut danh ngha 7.0% k

K hn 1.5 nm

Chi ph vn ch s hu 12% nm

WACC 3.54% k

22

Thng tin khc

Thi gian vn hnh 3 nm

Lm pht Vit Nam 5%

T l gim gi cui ngy( p dng ch vi sn phm bnh bo) 50%

Thu

Thu thu nhp h kinh doanh 12% 12% 12% 12%

VAT 2% 5% 5% 5% 5% 5% 5%

Thu mn bi 1,000,000

1,000,000

1,000,000

1,000,000

Ch s gi Vit Nam qua cc nm 1 1.05 1.05 1.1025 1.1025 1.157625 1.157625

23

PH LC 2. BNG CHI U T V BNG KHU HAO

Nm

0 1 2 3

2014 2015 2016 2017


Chi ph u t my mc thit b, cng c, dng c 34,785,000 1,300,000 Chi ph u t, sa cha, bi tr 60,000,000 Tng chi ph u t 94,785,000 1,300,000

Nm

0 1 2 3

2014 2015 2016 2017


Khu hao my mc thit b 0 3,478,500 3,478,500 3,608,500 3,478,500 3,478,500 3,478,500

Lch khu hao hp nht

Ti sn c nh rng u k 0 94,785,000 91,306,500 87,828,000 85,519,500 82,041,000 78,562,500

Khu hao 0 3,478,500 3,478,500 3,608,500 3,478,500 3,478,500 3,478,500

Khu hao ly tch 0 3,478,500 6,957,000 10,565,500 14,044,000 17,522,500 21,001,000

u t mi 94,785,000 0 0 1,300,000 0 0 0

Ti sn c nh rng cui k 94,785,000 91,306,500 87,828,000 85,519,500 82,041,000 78,562,500 75,084,000

24

PH LC 3. BNG LI VAY V LCH TR N

Nm

0 1 2 3

2014 2015 2016 2017


D n u k 0 70,000,000 48,226,383 24,928,614

Gii ngn n 70,000,000 0 0 0

Tr li vay 0 4,900,000 3,375,847 1,745,003

Tr n gc 0 21,773,616.598 23,297,769.760 24,928,613.643

Tr li vay v n gc 0 26,673,617 26,673,617 26,673,617

D n cui k 70,000,000 48,226,383 24,928,614 0

CF n hp nht 70,000,000 -26,673,617 -26,673,617 -26,673,617

25

PH LC 4. BNG CHI PH HOT NG

Nm

0 1 2 3

2014 2015 2016 2017


Chi ph trc tip go 73,483,200 97,977,600 163,959,390 163,959,390 182,284,263 182,284,263

Tm (lm bnh bo+ch bng) 36,741,600 48,988,800 81,979,695 81,979,695 91,142,132 91,142,132

bt nng 18,370,800 24,494,400 40,989,848 40,989,848 45,571,066 45,571,066

Mc 55,112,400 73,483,200 122,969,543 122,969,543 136,713,197 136,713,197

du 18,370,800 24,494,400 40,989,848 40,989,848 45,571,066 45,571,066

Rau 9,185,400 12,247,200 20,494,924 20,494,924 22,785,533 22,785,533

ng 5,511,240 7,348,320 12,296,954 12,296,954 13,671,320 13,671,320

Mm 36,741,600 48,988,800 81,979,695 81,979,695 91,142,132 91,142,132

Mui 1,102,248 1,469,664 2,459,391 2,459,391 2,734,264 2,734,264

Bt ngt 5,511,240 7,348,320 12,296,954 12,296,954 13,671,320 13,671,320

t, ti, hnh 36,741,600 48,988,800 81,979,695 81,979,695 91,142,132 91,142,132

in, gas, nc/ chi ph tr tip 22,397,679 29,863,572 49,974,822 49,974,822 55,560,243 55,560,243

Lao ng (tng cng) 75,600,000 75,600,000 79,380,000 79,380,000 83,349,000 83,349,000

Tng chi ph trc tip 394,869,807 501,293,076 791,750,758 791,750,758 875,337,666 875,337,666

Chi ph gin tip Lao ng (tng cng) 46,800,000 46,800,000 49,140,000 49,140,000 51,597,000 54,176,850

Tin thu t 60,000,000 60,000,000 60,000,000 60,000,000 60,000,000 60,000,000

Bo tr/Tng chi ph trc tip 3,158,958 4,010,345 6,334,006 6,334,006 7,002,701 7,002,701

Chi ph khc/Tng chi ph trc tip 1,184,609 1,503,879 2,375,252 2,375,252 2,626,013 2,626,013

Chi ph bn hng(tip th qung co) 12,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000

Tng chi ph gin tip 123,143,568 116,314,224 121,849,258 121,849,258 125,225,714 127,805,564

Tng chi ph 518,013,375 617,607,300 913,600,016 913,600,016 1,000,563,380 1,003,143,230

Tng chi ph trc tip v khu hao 398,348,307 504,771,576 795,359,258 795,229,258 878,816,166 878,816,166

Tng gi vn hng bn ra trong k 398,348,307 504,771,576 795,359,258 795,229,258 878,816,166 878,816,166

26

PH LC 5. THAY I VN LU NG

Nm 2014 2015 2016 2017


Khon phi thu (AR)

Thay i AR (u nm - cui nm)

Khon phi tr (AP) 118,460,942 150,387,923 237,525,227 237,525,227 262,601,300 262,601,300

Thay i AP (u nm - cui nm) -118,460,942 -31,926,981 -87,137,304 0 -25,076,072 0

Cn i tin mt (CB) 30,326,400 40,824,000 73,467,000 73,467,000 86,070,600 86,070,600 0

Thay i CB (cui nm - u nm) 30,326,400.000 10,497,600 32,643,000 0 12,603,600 0 -86,070,600

27

PH LC 6. BNG CN I LI / L

Bo co thu nhp 0 1 2 3 4

2014 2015 2016 2017 2018

Nm K I K II K I K II K I K II k I

Doanh s bn gp 606,528,000 816,480,000 1,469,340,000 1,469,340,000 1,721,412,000 1,721,412,000 0

Tr: VAT 30,326,400 40,824,000 73,467,000 73,467,000 86,070,600 86,070,600 0

Doanh s bn rng 576,201,600 775,656,000 1,395,873,000 1,395,873,000 1,635,341,400 1,635,341,400 0

Chi ph hot ng

Gi vn hng bn 398,348,307 504,771,576 795,359,258 795,229,258 878,816,166 878,816,166 0

Chi ph gin tip 123,143,568 116,314,224 121,849,258 121,849,258 125,225,714 127,805,564 0

Tng chi ph hot ng 521,491,875 621,085,800 917,208,516 917,078,516 1,004,041,880 1,006,621,730 0

Li nhun trc li vay v thu (EBIT)

54,709,725 154,570,200 478,664,484 478,794,484 631,299,520 628,719,670 0

Cng: Thu nhp t li tin gi khng k hn

Tr: Li vay 4,900,000 3,375,847 1,745,003 0 0 0 0

Thu nhp t thanh l ti sn 18,042,500

Li nhun trc thu 49,809,725 151,194,353 476,919,481 478,794,484 631,299,520 628,719,670 18,042,500

Thu nhp chu thu 49,809,725 151,194,353 476,919,481 478,794,484 631,299,520 628,719,670 18,042,500

Thu thu nhp doanh nghip 5,977,167 18,143,322 57,230,338 57,455,338 75,755,942 75,446,360 0

Thu mn bi 1,000,000 1,000,000 1,000,000

Li nhun sau thu 43,832,558 132,051,030 419,689,143 420,339,146 555,543,577 552,273,309 18,042,500

28

PH LC 7. BO CO NGN LU

Nm

0 1 2 3 4

2014 2015 2016 2017

K I K II K I K II K I K II k I

Ngn lu vo

Doanh thu rng 576,201,600 775,656,000 1,395,873,000 1,395,873,000 1,635,341,400 1,635,341,400 0

Thay i AR (u k - cui k)

Li tin gi khng k hn

Thanh l ti sn 18,042,500

Tng ngn lu vo

576,201,600 775,656,000 1,395,873,000 1,395,873,000 1,635,341,400 1,635,341,400 18,042,500

Ngn lu ra

Chi ph hot ng 521,491,875 621,085,800 917,208,516 917,078,516 1,004,041,880 1,006,621,730 0

Thay i AP (u k - cui k)

-118,460,942 -31,926,981 -87,137,304 0 -25,076,072 0 0

Thay i CB (cui k - u k)

30,326,400 10,497,600 32,643,000 0 12,603,600 0 -86,070,600 0

Thu thu nhp doanh nghip

5,977,167 18,143,322 57,230,338 57,455,338 75,755,942 75,446,360 0

Chi ph u t 94,785,000 0 0 1,300,000 0 0 0 0

Tng ngn lu ra 125,111,400 419,505,700 639,945,142 888,601,549 987,137,454 1,054,721,750 995,997,491 0

Ngn lu t do ca d n

-125,111,400 156,695,900 135,710,858 507,271,451 408,735,546 580,619,650 639,343,909 18,042,500

Ngn lu t do tch ly ca d n

-125,111,400 31,584,500 292,406,758 642,982,309 916,006,997 989,355,196 1,219,963,559 657,386,409

29

Ngn lu t do chit khu ca d n

-125,111,400 151,340,549 126,593,072 473,190,223 368,243,780 523,100,026 556,320,694 15,699,557

Ngn lu t do chit khu tch ly ca d n

-125,111,400 26,229,149 277,933,620 599,783,294 841,434,003 891,343,807 1,079,420,720 572,020,251

Ngn lu t do ca ch s hu

-55,111,400 130,022,283 109,037,241 480,597,834 408,735,546 580,619,650 639,343,909 18,042,500

Ngn lu t do ca ch n

-70,000,000 26,673,617 26,673,617 26,673,617

NPV d n trn ngn lu t do ca d n 1,986,542,460

NPV trn ngn lu t do ca ch s hu 1,788,454,233

Thi gian hon vn ca d n 0.798

IRR d n 1.600

IRR ch s hu 2.73

Nm

0 1 2 3

2014 2015 2016 2017


DSCR 1.08 1.000 1.204 1.052 1.072 1.000 1.204 1.052

TIU CH THNG

NPV d n trn ngn lu vo ca d n 6,468,120,988

NPV d n trn ngn lu ra ca d n 4,481,578,528

B/C 1.443

TIU CH SA I

NPV d n trn ngn lu t do ca d n (khng tnh dng tin nm 0) 2,111,653,860

B/C 22.01

30

TI LIU THAM KHO

1. Phc Minh Hip, L Th Vn an (2007), Thit lp v thm nh d n u t,

NXB Thng K.

2. Ng Thanh Tr, Bi ging mn hc Thm nh v Qun l d n trn forum

www.ecoforumvn.com.

3. Eugene F.Brigham & Joel F.Houston (tc gi), Khoa TCNH Khoa Kinh t HQG

TP.HCM (dch) Qun tr ti chnh.

4. Nhm Sunshine Ac, tng tham gia cuc thi khi nghip kinh doanh 2012 Bnh bo

BaBeVi.

5. Tng cc thng k, Tnh hnh kinh t - x hi 6 thng u nm 2014:

http://www.gso.gov.vn/default.aspx?tabid=403&&ItemID=15038

6. Nhng mn n truyn thng Vit - Bnh bo: http://yume.vn/news/du-lich/le-hoi-van-

hoa/nhung-mon-an-truyen-thong-viet-banh-beo-35A799AB.htm

7. Th tc Cp Giy chng nhn ng k kinh doanh h kinh doanh c

th:http://www.lamdong.gov.vn/viVN/congdan/Lists/ThuTuc/DispForm.aspx?ID=753&Sourc

e=/viVN/congdan/Pages/default.aspx?q%3D%26cr%3D1%26c%3D%26o%3D25

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