Академический Документы
Профессиональный Документы
Культура Документы
from Bplans.com
A sample plan is a great way to get started, but you cant just print
this plan out and turn it into the bank. Youre still going to have to put
in all your own information and do all of your own financial forecasts.
With LivePlan, you can easily use this sample as inspiration and create
your own plan, complete with financial tables and graphs. Youll also
be able to:
Save time with linked financial tables (the formulas are built in,
so you dont have to do the calculations!)
Benefit from tons of help, advice, and resources.
Present your plan with confidence, with automatic charts and
graphs corresponding to your financial data.
Work on your plan anywhere, on any computer.
Cover Page
This sample business plan has been made available to users of Business Plan Pro, business
planning software published by Palo Alto Software, Inc. Names, locations and numbers may have
been changed, and substantial portions of the original plan text may have been omitted to preserve
confidentiality and proprietary information.
You are welcome to use this plan as a starting point to create your own, but you do not have
permission to resell, reproduce, publish, distribute or even copy this plan as it exists here.
Requests for reprints, academic use, and other dissemination of this sample plan should be emailed
to the marketing department of Palo Alto Software at marketing@paloalto.com. For product
information visit our Website: www.paloalto.com or call: 1-800-229-7526.
Legal Page
Confidentiality Agreement
The undersigned reader acknowledges that the information provided by
_________________________ in this business plan is confidential; therefore, reader agrees not to
disclose it without the express written permission of _________________________.
It is acknowledged by reader that information to be furnished in this business plan is in all respects
confidential in nature, other than information which is in the public domain through other means
and that any disclosure or use of same by reader, may cause serious harm or damage to
_________________________.
Upon request, this document is to be immediately returned to _________________________.
___________________
Signature
___________________
Name (typed or printed)
___________________
Date
Table of Contents
Table of Contents
Page 2
Borrow My Tools
Highest-quality product offerings: If customers are going to lease or rent tools they
want to use the best products. Borrow My Tools' procurement process only purchases the
finest tools in the respective category, ensuring that customers will be thrilled with the
selection. In addition to starting with the highest quality tools, the products are meticulously
maintained so that they continue to appear as new.
Borrow My Tools is an exciting new concept that recognizes the competitor's customer service
short comings and leverages Borrow My Tools' phenomenal customer support to address the
market niche that wants a positive experience and needs assistance with their lease or rental.
By adhering to a comprehensive rental business plan strategy, Borrow My Tools will quickly gain
market share and transform this start-up's business into a profitable venture.
Page 1
Borrow My Tools
1.1 Mission
Borrow My Tools' mission is to offer the finest selection of home improvement tools for the San
Mateo Community. Borrow My Tools will support the tools with the finest customer service. All
customers will have their expectations exceeded.
1.2 Keys to Success
1.3 Objectives
Chart: Highlights
Page 2
Borrow My Tools
Inventory equipment
Assorted range of all the tools that will be rented. For a current complete list of the available
tools please view the Services section.
Computer system
Repair area
Variety of tools for maintenance and repair of the tool inventory.
Page 3
Borrow My Tools
Start-up Funding
Start-up Expenses to Fund
Start-up Assets to Fund
Total Funding Required
$8,400
$126,600
$135,000
Assets
Non-cash Assets from Start-up
Cash Requirements from Start-up
Additional Cash Raised
Cash Balance on Starting Date
Total Assets
$60,000
$66,600
$0
$66,600
$126,600
$0
$70,000
$0
$0
$70,000
Capital
Planned Investment
Investor 1
Other
Additional Investment Requirement
Total Planned Investment
$65,000
$0
$0
$65,000
($8,400)
$56,600
$126,600
Total Funding
$135,000
Page 4
Borrow My Tools
Chart: Start-up
Table: Start-up
Start-up
Requirements
Start-up Expenses
Attorney
Accountant
Brochures
Insurance
Rent
Total Start-up Expenses
$3,000
$4,000
$500
$150
$750
$8,400
Start-up Assets
Cash Required
Start-up Inventory
Other Current Assets
Long-term Assets
Total Assets
$66,600
$0
$0
$60,000
$126,600
Total Requirements
$135,000
Page 5
Borrow My Tools
3.0 Services
Borrow My Tools offers the San Mateo community a wide range of tools that can be rented or
leased depending on the length of time needed. Borrow My Tools will offer a bright, cheerful
showroom. Customers will be greeted when they walk in and offered assistance. While Borrow
My Tools rents tools, the real service is the attention that the customer receives. This takes the
form of assistance in determining what tools are needed. The customer is then shown exactly
how to use the tool and given plenty of tips to make them as proficient as possible.
The tools are available for rent if the borrowing period is less than one month and are available
for lease for periods beyond one month. Tools that will be leased/rented are grouped into three
broad categories:
Wood
Assorted
Industrial cordless drill. This unit is rented with several battery packs
Nail gun
Air compressor. For use with the nail gun, paint sprayer, and pressure washer
Exterior products
Pressure washer
Paint sprayer. Also included is a roller attachment
Roto tiller
While this selection may seem eclectic, it touches upon the most demanded tools within a
specific genre. While many different rental facilities have a wider selection, Borrow My Tools
believes that they can better serve their customers by reducing the selection of leases and
rentals and offering a far more knowledgeable and helpful staff regarding the specific tool. As
the selection of the tools increase, staff members knowledge and skill of each individual tool
decreases exponentially.
Borrow My Tools provides each customer with an instruction manual for each tool which
includes how best to use it, maintenance instructions, and ideal applications for the tool. While
customers are likely to find this printed information useful, the knowledge communicated by the
sales staff will be even more helpful.
For leasing customers, Borrow My Tools has developed a strategic relationship with a premier
local leasing company that will assist with the financials aspect of leasing. Borrow My Tools is
also able to work with another leasing company if their preferred vendor is not able to assist
the customer. Several leases are available, some that that provide a $1 buyout for the customer
Page 6
Borrow My Tools
at the end of the term. Others leases keep the buy out price higher, effectively reducing the
money payments. Leasing equipment for many different people is a very useful option. Leasing
provides the following benefits:
The individuals have typically owned the home for one to three years, or for more than ten
years.
Ages 30-45
76% have undergraduate schooling
59% perform other forms of home improvements around the house
Only 16% will be coming to Borrow My Tools for their very first home improvement project
43% will be having one of their more experienced friends assisting them with the project on
hand
Handymen: This is the market segment of service providers who perform a wide range of
home improvement services for customers. The average handyman does not have all the tools
needed to complete a job. There are so many different tools out there and the industrial quality
ones cost so much that is often not cost effective for a handyman to own all of the tools that he
may need. Borrow My Tools will serve the handyman market well with high quality, good
condition industrial offerings.
Table: Market Analysis
Market Analysis
Year 1
Potential Customers
Growth
Year 2
Year 3
Year 4
Year 5
CAGR
Page 7
Borrow My Tools
Individuals
Handyman
Total
5%
4%
4.98%
54,050
1,200
55,250
56,753
1,248
58,001
59,591
1,298
60,889
62,571
1,350
63,921
65,700
1,404
67,104
5.00%
4.00%
4.98%
Page 8
Borrow My Tools
Pros: Rents a wide range of tools and equipment including wood tools, machining tools,
catering supplies, even pianos.
Cons: The staff is not able to provide support for products.
Page 9
Borrow My Tools
High quality products: Borrow My Tools will only rent the highest-quality tools. For so
many customers the decision of who to lease/rent from comes down to the tools that they
have to use. Are the tools high end, industrial quality? What is the condition of the tools,
have they been well maintained?
Borrow My Tools offers the highest level of customer service. Each customer's hand will be
held through the entire process ensuring that their needs are met. If a customer has never
used a specific tool before, Borrow My Tools will show the customer exactly how to use it so
that they have complete comfort in the operation of the tool.
Page 10
Borrow My Tools
Sales Forecast
Year 1
Year 2
Year 3
Wood
Assorted
Exterior
Total Sales
$26,550
$23,099
$20,178
$69,827
$81,080
$70,540
$61,621
$213,240
$94,400
$82,128
$71,744
$248,272
Year 1
$2,655
$3,927
$3,834
$10,416
Year 2
$8,108
$11,992
$11,708
$31,808
Year 3
$9,440
$13,962
$13,631
$37,033
Sales
Page 11
Borrow My Tools
Page 12
Borrow My Tools
5.4 Milestones
Borrow My Tools has identified several milestones that will assist the organization in reaching
pre-identified goals. Milestones were chosen to be realistic, achievable, yet lofty. The following
table details the specific milestones, what department is responsible and the time frame for
accomplishment.
Table: Milestones
Milestones
Milestone
Business Plan Completion
Start Date
1/1/2004
End Date
2/1/2004
Budget
$0
Manager
Josh
2/1/2004
3/1/2004
$0
Josh
3/1/2004
3/15/2004
$0
Josh
3/15/2004
4/1/2004
$0
$0
Josh
Department
Business
Develpment
Business
Develpment
Business
Develpment
Operations
Chart: Milestones
Page 13
Borrow My Tools
Submission to search engines: The site will be submitted to various search engines so when
someone enters a common keyword into the search engine, Borrow My Tools' site comes up
on the list of "hits."
The Web address will be printed on all forms of literature: This includes all invoices,
advertisements, and other promotional material.
Page 14
Borrow My Tools
Josh: Will play the manager position, but will also be doing a little bit of everything.
Service technicians: There will be two technicians who are responsible for the
maintenance and preparation of the various tools.
Table: Personnel
Personnel Plan
Year 1
Year 2
Year 3
Josh
Sales
Sales
Bookkeeper
Service
Service
Total People
$20,000
$14,400
$11,200
$9,000
$16,200
$14,400
6
$24,000
$19,200
$19,200
$12,000
$21,600
$21,600
6
$30,000
$19,200
$19,200
$12,000
$21,600
$21,600
6
Total Payroll
$85,200
$117,600
$123,600
General Assumptions
Plan Month
Current Interest Rate
Long-term Interest Rate
Tax Rate
Other
Year 1
Year 2
Year 3
1
10.00%
10.00%
30.00%
0
2
10.00%
10.00%
30.00%
0
3
10.00%
10.00%
30.00%
0
Page 15
Borrow My Tools
Break-even Analysis
Monthly Revenue Break-even
$11,869
Assumptions:
Average Percent Variable Cost
Estimated Monthly Fixed Cost
15%
$10,098
Page 16
Borrow My Tools
Year 2
Year 3
Sales
Direct Cost of Sales
Other Costs of Sales
Total Cost of Sales
$69,827
$10,416
$0
$10,416
$213,240
$31,808
$0
$31,808
$248,272
$37,033
$0
$37,033
Gross Margin
Gross Margin %
$59,411
85.08%
$181,433
85.08%
$211,239
85.08%
$85,200
$0
$12,000
$7,500
$2,200
$1,500
$12,780
$117,600
$0
$12,000
$9,000
$2,640
$1,800
$17,640
$123,600
$0
$16,000
$9,000
$2,640
$1,800
$18,540
$121,180
$160,680
$171,580
($61,769)
($49,769)
$6,394
$0
$20,753
$32,753
$5,317
$4,631
$39,659
$55,659
$4,219
$10,632
Net Profit
Net Profit/Sales
($68,163)
-97.62%
$10,805
5.07%
$24,808
9.99%
Expenses
Payroll
Sales and Marketing and Other Expenses
Depreciation
Rent
Utilities
Insurance
Payroll Taxes
Page 17
Borrow My Tools
Page 18
Borrow My Tools
Page 19
Borrow My Tools
Year 2
Year 3
$69,827
$69,827
$213,240
$213,240
$248,272
$248,272
$0
$0
$0
$0
$0
$0
$0
$69,827
$0
$0
$0
$0
$0
$0
$0
$213,240
$0
$0
$0
$0
$0
$0
$0
$248,272
Year 1
Year 2
Year 3
$85,200
$38,101
$123,301
$117,600
$79,195
$196,795
$123,600
$78,378
$201,978
$0
$0
$0
$11,359
$0
$0
$0
$134,660
$0
$0
$0
$10,938
$0
$0
$0
$207,733
$0
$0
$0
$11,029
$0
$20,000
$0
$233,007
($64,833)
$1,767
$5,507
$7,274
$15,265
$22,539
Cash Received
Cash from Operations
Cash Sales
Subtotal Cash from Operations
Additional Cash Received
Sales Tax, VAT, HST/GST Received
New Current Borrowing
New Other Liabilities (interest-free)
New Long-term Liabilities
Sales of Other Current Assets
Sales of Long-term Assets
New Investment Received
Subtotal Cash Received
Expenditures
Expenditures from Operations
Cash Spending
Bill Payments
Subtotal Spent on Operations
Additional Cash Spent
Page 20
Borrow My Tools
Chart: Cash
Page 21
Borrow My Tools
Year 2
Year 3
$1,767
$1,683
$0
$3,450
$7,274
$10,372
$0
$17,646
$22,539
$4,604
$0
$27,143
$60,000
$12,000
$48,000
$51,450
$60,000
$24,000
$36,000
$53,646
$80,000
$40,000
$40,000
$67,143
Year 1
Year 2
Year 3
$4,372
$0
$0
$4,372
$6,701
$0
$0
$6,701
$6,419
$0
$0
$6,419
$58,641
$63,013
$47,703
$54,404
$36,674
$43,093
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
$65,000
($8,400)
($68,163)
($11,563)
$51,450
$65,000
($76,563)
$10,805
($758)
$53,646
$65,000
($65,758)
$24,808
$24,050
$67,143
Net Worth
($11,563)
($758)
$24,050
Assets
Current Assets
Cash
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
Liabilities and Capital
Current Liabilities
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
Long-term Liabilities
Total Liabilities
Page 22
Borrow My Tools
Ratio Analysis
Year 1
Year 2
Year 3
Industry Profile
n.a.
205.39%
16.43%
7.07%
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Total Assets
3.27%
0.00%
6.70%
93.30%
100.00%
19.33%
0.00%
32.89%
67.11%
100.00%
6.86%
0.00%
40.43%
59.57%
100.00%
3.96%
44.65%
76.22%
23.78%
100.00%
Current Liabilities
Long-term Liabilities
Total Liabilities
Net Worth
8.50%
113.98%
122.47%
-22.47%
12.49%
88.92%
101.41%
-1.41%
9.56%
54.62%
64.18%
35.82%
33.47%
16.23%
49.70%
50.30%
100.00%
85.08%
182.70%
0.00%
-88.46%
100.00%
85.08%
80.02%
0.00%
9.73%
100.00%
85.08%
75.09%
0.00%
15.97%
100.00%
100.00%
84.88%
1.01%
1.94%
0.79
0.40
122.47%
589.49%
-132.49%
2.63
1.09
101.41%
-2035.50%
28.77%
4.23
3.51
64.18%
147.36%
52.78%
1.73
1.33
3.77%
57.72%
8.92%
Sales Growth
Percent of Total Assets
Percent of Sales
Sales
Gross Margin
Selling, General & Administrative Expenses
Advertising Expenses
Profit Before Interest and Taxes
Main Ratios
Current
Quick
Total Debt to Total Assets
Pre-tax Return on Net Worth
Pre-tax Return on Assets
Additional Ratios
Year 1
Year 2
Year 3
-97.62%
0.00%
5.07%
0.00%
9.99%
103.15%
n.a
n.a
9.37
9.72
27
1.36
5.28
12.17
25
3.97
4.95
12.17
31
3.70
n.a
n.a
n.a
n.a
0.00
0.07
0.00
0.12
1.79
0.15
n.a
n.a
($922)
-9.66
$10,945
3.90
$20,724
9.40
n.a
n.a
0.74
8%
0.40
0.00
0.00
0.25
12%
1.09
0.00
0.00
0.27
10%
3.51
10.32
0.00
n.a
n.a
n.a
n.a
n.a
Activity Ratios
Inventory Turnover
Accounts Payable Turnover
Payment Days
Total Asset Turnover
Debt Ratios
Debt to Net Worth
Current Liab. to Liab.
Liquidity Ratios
Net Working Capital
Interest Coverage
Additional Ratios
Assets to Sales
Current Debt/Total Assets
Acid Test
Sales/Net Worth
Dividend Payout
Page 23
Borrow My Tools
Page 24
Appendix
Table: Sales Forecast
Sales Forecast
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
$0
$0
$0
$0
$0
$0
$0
$0
$350
$305
$266
$921
$800
$696
$608
$2,104
$1,350
$1,175
$1,026
$3,551
$1,800
$1,566
$1,368
$4,734
$3,100
$2,697
$2,356
$8,153
$3,500
$3,045
$2,660
$9,205
$3,750
$3,263
$2,850
$9,863
$3,900
$3,393
$2,964
$10,257
$4,100
$3,567
$3,116
$10,783
$3,900
$3,393
$2,964
$10,257
Sales
Wood
Assorted
Exterior
Total Sales
Direct Cost of Sales
0%
0%
0%
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Wood
$0
$0
$35
$80
$135
$180
$310
$350
$375
$390
$410
$390
Assorted
$0
$0
$52
$118
$200
$266
$458
$518
$555
$577
$606
$577
Exterior
$0
$0
$51
$116
$195
$260
$448
$505
$542
$563
$592
$563
$0
$0
$137
$314
$530
$706
$1,216
$1,373
$1,471
$1,530
$1,608
$1,530
Page 1
Appendix
Table: Personnel
Personnel Plan
Josh
Sales
Sales
Bookkeeper
Service
Service
Total People
Total Payroll
0%
0%
0%
0%
0%
0%
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
$0
$0
$0
$0
$0
$0
0
$0
$0
$0
$0
$0
$0
0
$2,000
$0
$0
$0
$0
$0
1
$2,000
$1,600
$0
$1,000
$1,800
$0
4
$2,000
$1,600
$0
$1,000
$1,800
$1,800
5
$2,000
$1,600
$1,600
$1,000
$1,800
$1,800
6
$2,000
$1,600
$1,600
$1,000
$1,800
$1,800
6
$2,000
$1,600
$1,600
$1,000
$1,800
$1,800
6
$2,000
$1,600
$1,600
$1,000
$1,800
$1,800
6
$2,000
$1,600
$1,600
$1,000
$1,800
$1,800
6
$2,000
$1,600
$1,600
$1,000
$1,800
$1,800
6
$2,000
$1,600
$1,600
$1,000
$1,800
$1,800
6
$0
$0
$2,000
$6,400
$8,200
$9,800
$9,800
$9,800
$9,800
$9,800
$9,800
$9,800
Page 2
Appendix
Table: General Assumptions
General Assumptions
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
10
11
12
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
Tax Rate
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
Plan Month
Other
Month 12
Page 3
Appendix
Table: Profit and Loss
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Sales
$0
$0
$921
$2,104
$3,551
$4,734
$8,153
$9,205
$9,863
$10,257
$10,783
$10,257
$0
$0
$137
$314
$530
$706
$1,216
$1,373
$1,471
$1,530
$1,608
$1,530
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$137
$314
$530
$706
$1,216
$1,373
$1,471
$1,530
$1,608
$1,530
Gross Margin
$0
$0
$783
$1,790
$3,021
$4,028
$6,937
$7,832
$8,391
$8,727
$9,175
$8,727
0.00%
0.00%
85.08%
85.08%
85.08%
85.08%
85.08%
85.08%
85.08%
85.08%
85.08%
85.08%
Payroll
$0
$0
$2,000
$6,400
$8,200
$9,800
$9,800
$9,800
$9,800
$9,800
$9,800
$9,800
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Gross Margin %
Expenses
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
Rent
$0
$0
$750
$750
$750
$750
$750
$750
$750
$750
$750
$750
Utilities
$0
$0
$220
$220
$220
$220
$220
$220
$220
$220
$220
$220
$0
$0
$0
$0
$150
$300
$150
$960
$150
$1,230
$150
$1,470
$150
$1,470
$150
$1,470
$150
$1,470
$150
$1,470
$150
$1,470
$150
$1,470
$1,000
$1,000
$4,420
$9,480
$11,550
$13,390
$13,390
$13,390
$13,390
$13,390
$13,390
$13,390
($1,000)
($1,000)
($3,637)
($7,690)
($8,529)
($9,362)
($6,453)
($5,558)
($4,999)
($4,663)
($4,215)
($4,663)
$0
$0
($2,637)
($6,690)
($7,529)
($8,362)
($5,453)
($4,558)
($3,999)
($3,663)
($3,215)
($3,663)
$576
$568
$561
$553
$545
$537
$529
$521
$513
$505
$497
$489
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
($1,576)
($1,568)
($4,197)
($8,243)
($9,074)
($9,899)
($6,982)
($6,079)
($5,512)
($5,168)
($4,712)
($5,152)
0.00%
0.00%
-455.99%
-391.76%
-255.57%
-209.11%
-85.64%
-66.04%
-55.89%
-50.39%
-43.70%
-50.23%
Insurance
Payroll Taxes
Total Operating Expenses
Profit Before Interest and Taxes
EBITDA
Interest Expense
Taxes Incurred
Net Profit
Net Profit/Sales
15%
15%
Page 4
Appendix
Table: Cash Flow
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Cash Sales
$0
$0
$921
$2,104
$3,551
$4,734
$8,153
$9,205
$9,863
$10,257
$10,783
$10,257
$0
$0
$921
$2,104
$3,551
$4,734
$8,153
$9,205
$9,863
$10,257
$10,783
$10,257
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$921
$2,104
$3,551
$4,734
$8,153
$9,205
$9,863
$10,257
$10,783
$10,257
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
$9,800
Cash Received
Cash from Operations
Expenditures
0.00%
$0
$0
$2,000
$6,400
$8,200
$9,800
$9,800
$9,800
$9,800
$9,800
$9,800
Bill Payments
$19
$576
$649
$2,969
$2,675
$3,903
$4,135
$4,370
$4,658
$4,682
$4,693
$4,773
$19
$576
$2,649
$9,369
$10,875
$13,703
$13,935
$14,170
$14,458
$14,482
$14,493
$14,573
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$904
$911
$919
$927
$934
$942
$950
$958
$966
$974
$982
$990
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Dividends
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$923
$1,487
$3,568
$10,296
$11,809
$14,645
$14,885
$15,128
$15,424
$15,457
$15,475
$15,563
($923)
($1,487)
($2,647)
($8,192)
($8,259)
($9,911)
($6,732)
($5,923)
($5,561)
($5,200)
($4,692)
($5,306)
Cash Balance
$65,677
$64,190
$61,543
$53,351
$45,092
$35,181
$28,449
$22,526
$16,965
$11,765
$7,073
$1,767
Page 5
Appendix
Page 6
Appendix
Table: Balance Sheet
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
$66,600
$0
$0
$66,600
$65,677
$0
$0
$65,677
$64,190
$0
$0
$64,190
$61,543
$863
$0
$62,405
$53,351
$549
$0
$53,900
$45,092
$1,019
$0
$46,111
$35,181
$1,313
$0
$36,494
$28,449
$1,338
$0
$29,787
$22,526
$1,510
$0
$24,036
$16,965
$1,618
$0
$18,583
$11,765
$1,683
$0
$13,448
$7,073
$1,769
$0
$8,842
$1,767
$1,683
$0
$3,450
$60,000
$0
$60,000
$126,600
$60,000
$1,000
$59,000
$124,677
$60,000
$2,000
$58,000
$122,190
$60,000
$3,000
$57,000
$119,405
$60,000
$4,000
$56,000
$109,900
$60,000
$5,000
$55,000
$101,111
$60,000
$6,000
$54,000
$90,494
$60,000
$7,000
$53,000
$82,787
$60,000
$8,000
$52,000
$76,036
$60,000
$9,000
$51,000
$69,583
$60,000
$10,000
$50,000
$63,448
$60,000
$11,000
$49,000
$57,842
$60,000
$12,000
$48,000
$51,450
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
$0
$0
$0
$0
$557
$0
$0
$557
$549
$0
$0
$549
$2,881
$0
$0
$2,881
$2,545
$0
$0
$2,545
$3,765
$0
$0
$3,765
$3,990
$0
$0
$3,990
$4,215
$0
$0
$4,215
$4,502
$0
$0
$4,502
$4,526
$0
$0
$4,526
$4,533
$0
$0
$4,533
$4,622
$0
$0
$4,622
$4,372
$0
$0
$4,372
$70,000
$70,000
$69,096
$69,653
$68,185
$68,734
$67,265
$70,147
$66,339
$68,884
$65,404
$69,169
$64,462
$68,452
$63,512
$67,727
$62,554
$67,056
$61,588
$66,114
$60,614
$65,147
$59,632
$64,254
$58,641
$63,013
$65,000
($8,400)
$0
$56,600
$126,600
$65,000
($8,400)
($1,576)
$55,024
$124,677
$65,000
($8,400)
($3,144)
$53,456
$122,190
$65,000
($8,400)
($7,341)
$49,259
$119,405
$65,000
($8,400)
($15,584)
$41,016
$109,900
$65,000
($8,400)
($24,658)
$31,942
$101,111
$65,000
($8,400)
($34,557)
$22,043
$90,494
$65,000
($8,400)
($41,540)
$15,060
$82,787
$65,000
($8,400)
($47,619)
$8,981
$76,036
$65,000
($8,400)
($53,131)
$3,469
$69,583
$65,000
($8,400)
($58,299)
($1,699)
$63,448
$65,000
($8,400)
($63,012)
($6,412)
$57,842
$65,000
($8,400)
($68,163)
($11,563)
$51,450
$56,600
$55,024
$53,456
$49,259
$41,016
$31,942
$22,043
$15,060
$8,981
$3,469
($1,699)
($6,412)
($11,563)
Starting Balances
Current Assets
Cash
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
Liabilities and Capital
Current Liabilities
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
Long-term Liabilities
Total Liabilities
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
Net Worth
Page 7