InsightsPod
Net Profit (or Loss) by Year
$600K $400K $200K
LT
($200K)
FY2017 FY2018 FY2019
Financing Use of Funds
The total expense in Year 1 is around $548,000 and $624,000 in Year 2. The biggest expense will be contracting of a PR/Marketing Agency. We have allocated $192,000 for this.
We have allocated $103,000 per year for product development. The breakdown of this amount is as follows:
e We plan to hire a Data Scientist who will be paid $24,000 per year. To reduce the expense we will hire a Data Scientist in Pakistan. The current salary of an experienced Data Scientist working for companies like Teradata and Telenor is $2000-$2500 per month.
¢ Our development team in Pakistan will consist of five team members. The salaries for our two senior developers will be $18,000 each, making that a total of $36,000 per year. Our programmers will be paid $14,400 each per year, making that a total of $43,200.
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CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
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