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 Plan OutlineDid you know?Business Plan Pro Table Wizards guide you step by step through the financials to produce solid numbers, charts and tables that are preferred by banks, lenders and the SBA. It even does the math for you, just plug in your numbers and the software will do the rest. Inside Tip:Business Plan Pro Table Wizards guide you step by step through then financials to produce solid numbers, charts and tables that are preferred by banks, lenders, and the SBA. It even does the math for you, just plug in your numbers and the software will do the rest! Get the right numbersGet the important numbers right with Business Plan Pro's powerful tools: Create a foundation. Automatically generate cash-flow projections with the Start-up Wizard. Make realistic forecasts. Use the break-even analysis tool to help you understand when you'll break even and when you'll start making money. Plan for growth. The forecaster tool automatically creates tables, charts and reports that show how your business will grow. Proceed with confidence. The Plan Review Wizard checks all your data twice to guarantee a flawless plan.
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Personal Event Planning Business PlanOccasions, The Event Planning SpecialistsThis business plan was created with Business Plan Pro software, the fastest way to prepare a complete business plan.
With Business Plan Pro, you can open this plan (or any of the 500 others included in the product) and quickly customize it to match your business. Or you can use the software's step-by-step wizard to easily create a custom business plan from scratch. Learn more »   Financial Plan7.0 Financial Plan Service-based businesses require little funds to start up, and as they grow and expand, less funds to maintain. The charts and graphs that follow will show that investment up front allows Occasions to function debt-free with little overhead. This gives Occasions a quicker break-even point and increased profit margins from the start. As Occasions grows, the debt-free philosophy will be maintained until it is impossible to function during growth periods without financial assistance. 7.1 Important Assumptions Tax rates are noted for information. We carry no loan burden that would be effected by these rates. What hits Occasions the hardest (but not nearly are bad as other service businesses), is the tax rate of 23.5%, which is nearly one quarter of the total sales. As Occasions continues to grow, these numbers will be reference rather than influence. General Assumptions
7.2 Key Financial Indicators The break-even point for Occasions is based on the assumption that we will produce 22 events per month and average approximately $521 per event. In the current situation, we average more than this assumption for our public and private organization events. These currently make up 18 of the 22 average events hosted per month. Benchmarks  7.3 Break-even Analysis The break-even point will appear more rapidly for Occasions than for other types of home-based businesses. Start-up costs are limited to minimal equipment, there is little or no staff to pay in the beginning, and contracted companies will handle any additional equipment required for the planned events. Break-even Analysis  Break-even Analysis
7.4 Projected Profit and Loss Leading the industry in event planning requires the use of the resources available at the lowest cost. As noted in the table, we spend less money on overhead than another event planners with an outside office or office space in their own facility. This savings allows us to market in creative ways and spend funds on expansion into other areas when the time is right. Profit and Loss
7.5 Projected Cash Flow Our cash situation is great. Although we begin with little extra cash, our increased growth allows us to make up for lost time. Our cash balance is always above the mark with the cash flow not too far behind. We have no negatives in our cash analysis. Cash  Cash Flow
7.6 Projected Balance Sheet Occasions is set up for success. According to the numbers, we start out fair and end up amazing. By FY2000, we will be worth over $125,000 with a profit margin of over 30%. We are operating with little to zero debt, boosting the net worth even higher. Our only weakness is the products to be released in FY2000 have not been accounted for as an investment of funds. This will effect the cash flow in a moderate way, and is undetermined how it will effect the profit ratio of the business. Balance Sheet
7.7 Business Ratios Data on our business ratios is shown in the table below. Industry Profile ratios are based on Standard Industry Classification (SIC) Index code 7299. Ratios
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