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Staff
crèche proposal
| Financial Analysis |
|
|
|
| Revenue |
€ 150,000 |
|
incremental |
| Rent |
€ 0 |
|
sunk cost |
| Opportunity cost |
- € 30,000 |
|
profit forgone |
| Insurance |
- € 8,000 |
|
incremental cost |
| Child care workers |
- € 50,000 |
|
specific cost |
| Assistants |
- € 40,000 |
|
specific cost |
| Overheads |
€ 0 |
|
sunk cost |
| Retail park manager |
€ 0 |
|
sunk cost |
| Essential materials |
- € 2,000 |
|
incremental cost |
| Surplus |
€ 20,000 |
|
|
As the proposal provides a surplus of €20,000 it is financially viable and from a financial viewpoint should be encouraged / adopted.
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