Past Purchases - Items already bought for the business

Item Cost

$ -

$ -

$ -

$ -

$ -

$ -

$ -

$ -

$ -

$ -

$ -

Total Cost $ -
Start-up Costs
First Month of Futurpreneur Loan i.e. My business will have at least 50% business ownership by an
04/14 is April 2014
Feburary 2018 No applicant(s) over 35 years of age.

Funding Sources Owner Will Futurpreneur BDC Loan Line OF Other

Contribute Loan Funding Funding Credit Funding 2
Amoun
t $5,000 $40,000 $5,000 $5,000 $0

Owner Will Futurpreneur BDC Loan Line OF Other

Start-up Item Cost of Item
Contribute Loan Funding Funding Credit Funding 2
Lease - Leasehold Improvements
First and last month rent (aka deposit) 6,000 3,000 3,000
Building improvement costs 10,000 10,000
Legal fees to review documents 400 400
Arch drawings
General Start-up Costs
Business Insurance 1,445 845 600
Business License 1,190 1,190
Equipment 25,000 25,000
Office Furniture (desk, filing cabinet) 2,500 2,500
Computer, printer, fax machine 1,500 1,500
Accounting System 600 600
Accounting Consultation to set up books 400 400
Legal fees to review contracts 1,200 1,200
Website 2,000 1,000 1,000

START-UP COST SUBTOTALS 52,235 4,000 38,235 5,000 5,000 0

Inventory / Stock / Products (ONLY)
Product / Service #1
Product / Service #2
Product / Service #3
Product / Service #4
INVENTORY / STOCK SUBTOTALS $0 $0 $0 $0 $0 $0
TOTAL START-UP COSTS

START-UP & INVENTORY SUBTOTALS $52,235 $4,000 $38,235 $5,000 $5,000 $0

Available Cash in the Bank
Working Capital $2,765 $1,000 $1,765 $0 $0 $0

TOTALS $55,000 $5,000 $40,000 $5,000 $5,000 $0

Percentage Contributions 100% 9% 73% 9% 9% NA
Cash Flow Forecast - Year 1
Month #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! Total
Sales Assumptions
Arcade Services #1 1,500 1,800 2,160 1,080 250 250 500 250 500 600 3,000 2,500 14,390
Product / Service #2 0
Product / Service #3 0
Product / Service #4 0
Cash from Sales Avg $ of Sale
Arcade Services #1 $ 22 $ 33,000 $ 39,600 $ 47,520 $ 23,760 $ 5,500 $ 5,500 $ 11,000 $ 5,500 $ 11,000 $ 13,200 $ 66,000 $ 55,000 $316,580
Product / Service #2 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #3 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #4 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Total Cash Sales $ 33,000 $ 39,600 $ 47,520 $ 23,760 $ 5,500 $ 5,500 $ 11,000 $ 5,500 $ 11,000 $ 13,200 $ 66,000 $ 55,000 $316,580
Funding Sources
Owner Will Contribute 5,000 $5,000
Futurpreneur Loan Funding 40,000 $40,000
BDC Loan Funding 5,000 $5,000
Line OF Credit 5,000 $5,000
Other Funding 2 - $0
Business Bank Account (Existing businesses only) $0
Total Other Cash Inflow 55,000 0 0 0 0 0 0 0 0 0 0 0 $55,000
(A) TOTAL CASH INFLOW 88,000 39,600 47,520 23,760 5,500 5,500 11,000 5,500 11,000 13,200 66,000 55,000 $371,580
Cash Outflow % of sales cost
Inventory Costs
Arcade Services #1 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #2 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #3 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #4 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
(B) TOTAL INVENTORY COSTS $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
General Expenses
1st Owner's draw/salary 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 $24,000
2nd Owner's draw/salary, if necessary $0
Employee/contractor wages $0
Legal fees $0
Accounting services 400 400 400 400 400 400 400 400 400 400 400 400 $4,800
Advertising and promotion 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 $60,000
Commercial Rent 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 $36,000
Property taxes/TMI 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 $18,000
Utilities 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 $60,000
Business Insurance 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 $17,340
Bank Charges $0
Office supplies & postage 150 150 150 150 150 150 150 150 150 150 150 150 $1,800
Telephone & Internet 500 500 500 500 500 500 500 500 500 500 500 500 $6,000
Alarm System 250 250 250 250 250 250 250 250 250 250 250 250 $3,000
Subscriptions & Memberships $0
Training $0
credit card transaction fee (2%) 2% 660 792 950 475 110 110 220 110 220 264 1,320 1,100 $6,332
$0
$0
$0
(C) TOTAL GENERAL EXPENSES 19,905 20,037 20,195 19,720 19,355 19,355 19,465 19,355 19,465 19,509 20,565 20,345 $237,272
Other disbursements
TOTAL Start-up Costs 52,235 $52,235
Futurpreneur Loan Funding - Interest Payment + $15 monthly fee - 215 215 215 215 215 215 215 215 215 215 215 $2,365
Futurpreneur Loan Funding - Principal Payment - - - - - - - - - - - - $0
BDC Loan Funding - Interest Payment - 42 42 42 42 42 42 42 42 42 42 42 $458
BDC Loan Funding - Principle Payment - - - - - - - - - - - - $0
Line OF Credit - Interest + Principal Payment $0
Other Funding 2 - Interest + Principal Payment $0
$0
(D) TOTAL OTHER DISBURSEMENTS 52,235 257 257 257 257 257 257 257 257 257 257 257 $55,058
(E) TOTAL CASH OUTFLOW (B+C+D) 72,140 20,294 20,452 19,977 19,612 19,612 19,722 19,612 19,722 19,766 20,822 20,602 $292,330

(F) NET CASH-FLOW (A-E) 15,860 19,306 27,068 3,783 -14,112 -14,112 -8,722 -14,112 -8,722 -6,566 45,178 34,398 $79,250

(G) CASH FROM PREVIOUS PERIOD 0 15,860 35,166 62,234 66,017 51,906 37,794 29,072 14,961 6,239 -327 44,852 $0

(H) CUMULATIVE CASH-FLOW (F+G) $15,860 $35,166 $62,234 $66,017 $51,906 $37,794 $29,072 $14,961 $6,239 -$327 $44,852 $79,250 $79,250
Cash Flow Forecast - Year 2
Month #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! Total
Sales Assumptions
Arcade Services #1 4,000 3,500 2,000 1,000 1,250 750 50 500 13,050
Product / Service #2 0
Product / Service #3 0
Product / Service #4 0
Cash from Sales Avg $
Arcade Services #1 $ 30 $ 120,000 $ 105,000 $ 60,000 $ 30,000 $ 37,500 $ 22,500 $ 1,500 $ 15,000 $ - $ - $ - $ - $391,500
Product / Service #2 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #3 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #4 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Total Cash Sales 120,000 105,000 60,000 30,000 37,500 22,500 1,500 15,000 0 0 0 0 $391,500
Owner's Investment $0

$0
Total Other Cash Inflow 0 0 0 0 0 0 0 0 0 0 0 0 $0
(A) TOTAL CASH INFLOW 120,000 105,000 60,000 30,000 37,500 22,500 1,500 15,000 0 0 0 0 $391,500
Cash Outflow
Inventory Costs % of sales cost
Arcade Services #1 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #2 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #3 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
Product / Service #4 0% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $0
(B) TOTAL INVENTORY COSTS 0 0 0 0 0 0 0 0 0 0 0 0 $0
General Expenses
1st Owner's draw/salary 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 $24,000
2nd Owner's draw/salary, if necessary $0
Employee/contractor wages $0
Legal fees $0
Accounting services 400 400 400 400 400 400 400 400 400 400 400 400 $4,800
Advertising and promotion 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 $60,000
Commercial Rent 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 $36,000
Property taxes/TMI 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 $18,000
Utilities 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 $60,000
Business Insurance 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 1,445 $17,340
Bank Charges $0
Office supplies & postage 150 150 150 150 150 150 150 150 150 150 150 150 $1,800
Telephone & Internet 500 500 500 500 500 500 500 500 500 500 500 500 $6,000
Alarm System 250 250 250 250 250 250 250 250 250 250 250 250 $3,000
Subscriptions & Memberships $0
Training $0
credit card transaction fee (2%) 2% - - - - - - - - - - - - $0
- $0
- $0
- $0
(C) TOTAL GENERAL EXPENSES 19,245 19,245 19,245 19,245 19,245 19,245 19,245 19,245 19,245 19,245 19,245 19,245 $230,940
Other disbursements
Start-up Costs $0
Futurpreneur Loan Funding - Interest Payment + $15 monthly fee 215 215 215 215 215 215 215 215 215 215 215 215 $2,580
Futurpreneur Loan Funding - Principal Payment 833 833 833 833 833 833 833 833 833 833 833 $9,167
BDC Loan Funding - Interest Payment 42 42 42 42 42 42 42 42 42 42 42 42 $500
BDC Loan Funding - Principal Payment 104 104 104 104 104 104 104 104 104 104 104 $1,146
Line OF Credit - Interest + Principal Payment $0
Other Funding 2 - Interest + Principal Payment $0
$0
(D) TOTAL OTHER DISBURSEMENTS 257 1,194 1,194 1,194 1,194 1,194 1,194 1,194 1,194 1,194 1,194 1,194 13,393
(E) TOTAL CASH OUTFLOW (B+C+D) 19,502 20,439 20,439 20,439 20,439 20,439 20,439 20,439 20,439 20,439 20,439 20,439 244,333

(F) NET CASH-FLOW (A-E) 100,498 84,561 39,561 9,561 17,061 2,061 -18,939 -5,439 -20,439 -20,439 -20,439 -20,439 $147,168

(G) CASH FROM PREVIOUS PERIOD 79,250 179,748 264,309 303,870 313,431 330,492 332,553 313,613 308,174 287,735 267,296 246,857 $79,250

(H) CUMULATIVE CASH-FLOW (F+G) $179,748 $264,309 $303,870 $313,431 $330,492 $332,553 $313,613 $308,174 $287,735 $267,296 $246,857 $226,418 $226,418
Projected Income Statement
Year 1 Year 2
Revenues
Sales
Arcade Services #1 316,580 391,500
Product / Service #2 0 0
Product / Service #3 0 0
Product / Service #4 0 0
(A) Total Sales $316,580 $391,500
Inventory Costs
Opening Inventory / Stock / Product (from startup) 0
Arcade Services #1 0 0
Product / Service #2 0 0
Product / Service #3 0 0
Product / Service #4 0 0
(B) Total Cost of Inventory $0 $0
(C) GROSS MARGIN (A-B) $316,580 $391,500
Expenses
General Expenses
Owner's Draws/salaries 24,000 24,000
Employee/contractor wages 0 0
Legal fees 0 0
Accounting services 4,800 4,800
Advertising and promotion 60,000 60,000
Commercial Rent 36,000 36,000
Property taxes/TMI 18,000 18,000
Utilities 60,000 60,000
Business Insurance 17,340 17,340
Bank Charges 0 0
Office supplies & postage 1,800 1,800
Telephone & Internet 6,000 6,000
Alarm System 3,000 3,000
Subscriptions & Memberships 0 0
Training 0 0
credit card transaction fee (2%) 6,332 0
- 0 0
- 0 0
- 0 0
(D) TOTAL GENERAL EXPENSES $237,272 $230,940
Other Disbursements
Start up Costs 52,235 0
Futurpreneur Loan Funding 2,365 11,747
BDC Loan Funding 458 1,646
Line OF Credit 0 0
Other Funding 2 0 0
- 0 0
(E) TOTAL OTHER EXPENSES $55,058 $13,393
(F) TOTAL EXPENSES (D+E) $292,330 $244,333

NET PROFIT BEFORE TAX (C-F) $24,250 $147,168

Income Tax (estimated at 25%) -$6,063 -$42,679
NET PROFIT AFTER TAX $18,188 $104,489