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Finance Plan

Office Space

Our location is driven by two motives: 

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  1. Centralised location within the UK

  2. Fluent national and international connection

 

  • East Midlands demonstrated to be the right decisions with its affordable real estate and the nearby East Midlands airport.

 

  • Although the expense is at the higher end of the spectrum, the location we have chosen directly relates to our clientele we expect to atract UK based and globally 

 

  • It offers a superior number of possible partners in areas of construction and engineering – all within a walking distance or accessible by bus

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  • Church lane classifies as the outskirt of Nottingham, hence the price for a property is affordable

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  • Nottingham's public transporations keep us only 10 minutes away from the city centre

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Bank Loan

Alongside of our investment of £20000, we have decided to get a bank loan of £17500. 

 

With the interest rate of 3.9% in Lloyds Bank, our total compensation of the loan is £18552.96 over 36 months. That results in a monthly rate of   £515.36.

 

Explanation of terms

 

Bank Interest – return of the money that the bank has lent; in other words, it refers to the principal payment (and not the total payment or the interest payment)

 

Loan Interest – the amount the bank has earned and charges for the use of the money it has lent

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*Chart colour-coding is independent from the financial tables colour coding system

Office Equipment

  • We have decided to equip the office with the basic chairs and tables for starters.

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  • IKEA offers to supply separate table tops and legs - we built the tables ourselves!

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  • Even though we classify as a cutting-edge business, we acknowledge the importance of face-to-face interaction - having a conference room is a must

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  • A lot of time is spent in our office - having a kitchen is essential

 

 

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*Chart colour-coding is independent from the financial tables colour coding system

IT Equipment

  • Recent corona crisis thought us flexibility is the key. 

 

  • Our response is to get equipped with the set of HP Notebooks instead of only PC stations in the office

 

  • We understand that notebooks not have the capacity of heavy-duty tasks like rendering - we provide ThinkPad PC stations in the office.

 

  • Printer is essential in order to transfer the digital work into a physical world - we do printing up to A2 sized papers

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  • Getting the intimate connection with the site is our main philosophy which is why we are equipped with DJI Mavic Air 2 remotely controlled drone - it gives us the opportunity to have a detail sight into the location we are working with. 

 

  • Physical presentation is still practiced in our business; we have decided to equip ourselves with projector and the canvas - we exhibit our work inside and outside of office

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*Chart colour-coding is independent from the financial tables colour coding system

Working Expenses

  • We have decided to have our own take on advertising through Wix premium which has a monthly subscription of £16.

 

  • In order to provide the detailed technical drawings to the client, AutoCAD subscription constantly demonstrated its cruciality.

 

  • Full Adobe Package is still essential, even after years of us using it in Uni. The business subscription is £70.80 a month.

 

  • The mandatory Microsoft Office 365 is £9.4 per user (pm), which comes up to a price of £37.6 per month. 

 

  • We have agreed that having the Sketchup software is not mandatory since we are primarily orientated towards physical models. However, since our earnings proved to be better than expected, we have decided to purchase a yearly subscription of $942. 

 

  • The Atelier is ready to spend up to £200 per month on materials required for physical models of our projects. 

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  • When our travel has to be more independent, our employees have an option of using ZIPcar electric vehicles

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*Chart colour-coding is independent from the financial tables colour coding system

Utilities

  • Gas fee for our property is calculated to be approximately £42 per month.

 

  • Water fee for our property is calculated to be approximately £30 per month.

 

  • Electricity fee for our property is calculated to be approximately £83 per month.

 

  • Internet Fee for our property is calculated to be approximately £28 per month.

 

  • The SUM of the utilities fee comes up to the price of 183£ per month. 

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*Chart colour-coding is independent from the financial tables colour coding system

Funds

  • We are sparing a total sum of £750/ month for unforeseen circumstances 

 

  • This part of the fund is used for potential furlough, sick-leave, 

 

  • We have the aim to give back to society based on our personal experiences; we want to benefit our staff as much as our clients. Thus, this fund could alternatively go towards supporting our internships. An example of this is covering our intern's travel costs for the time span they devote at our Atelier.

 

  • Charity fund goes towards financial assistance to the areas of world hit by natural disasters. 

 

  • Within next few years we plan to start our own charity in areas hit by poverty. The ultimate goal is to fund and build educational centres for individuals in need. 

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Cash Flow Forecast

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* all of our tables are categorised and colour coded for a better understanding of our expenses

  • Our linear raise of income equals to approximately £5000 a month 

 

  • With all the extra income, our future plans seem everything but unrealistic

 

  • Our first goal is to completely transfer into Apple Ecosystem known for the exquisite protection of privacy and convenient transfer of data

 

  • Our next two goals are spreading the office into Europe and west Asia

 

  • Borna's ranch in Croatia gives us the opportunity of building the office and starting to influence the  Mediterranean market

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  • Muge's Turkish heritage already gives us the outlook into the business and architecture of Western Europe. Thus, our third and final step of current plan is establishing the office in Turkey

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Cash Flow Chart

Projects 2027

  • Throughout the year we have taken on 10 projects

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  • Six out of ten projects we have started have been finished within the year they have been started in

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  • During the summer the number of active projects have dropped - that is the period the four unfinished projects have been started at

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  • All for of us, as partners, make the equal amount of money per hour (£30)

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  • Our annual wage equals to around £45 000 each

For more information about our finance plan please download the full financial table.

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