Plan Outline
Get real P&L data for your plan!
We have complete profit and loss financial data from companies like Bryan's Tutoring Service.
SIC 8299 Educational Services - Schools and educational services, nec
*Reports start as low as $89
Tutoring Service Business Plan
Bryan's Tutoring Service
This sample business plan can be edited directly in Business Plan Pro software.
Appendix
| Sales Forecast | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Sales | |||||||||||||
| Graduate Quantitative | 0% | $180 | $210 | $450 | $550 | $600 | $125 | $400 | $325 | $600 | $625 | $750 | $825 |
| Graduate Non-quantitative | 0% | $121 | $141 | $302 | $550 | $402 | $84 | $268 | $218 | $402 | $419 | $503 | $553 |
| Graduate International | 0% | $140 | $164 | $351 | $429 | $468 | $98 | $312 | $254 | $468 | $488 | $585 | $644 |
| Undergraduate Quantitative | 0% | $63 | $74 | $158 | $193 | $210 | $44 | $140 | $114 | $210 | $219 | $263 | $289 |
| Undergraduate Non-quantitative | 0% | $58 | $67 | $144 | $176 | $192 | $40 | $128 | $104 | $192 | $200 | $240 | $264 |
| Undergraduate International | 0% | $68 | $80 | $171 | $209 | $228 | $48 | $152 | $124 | $228 | $238 | $285 | $314 |
| Total Sales | $630 | $735 | $1,575 | $2,107 | $2,100 | $438 | $1,400 | $1,138 | $2,100 | $2,188 | $2,625 | $2,888 | |
| Direct Cost of Sales | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Graduate Quantitative | $5 | $6 | $14 | $17 | $18 | $4 | $12 | $10 | $18 | $19 | $23 | $25 | |
| Graduate Non-quantitive | $4 | $4 | $9 | $17 | $12 | $3 | $8 | $7 | $12 | $13 | $15 | $17 | |
| Graduate Interational | $4 | $5 | $11 | $13 | $14 | $3 | $9 | $8 | $14 | $15 | $18 | $19 | |
| Undergraduate Quantitative | $2 | $2 | $5 | $6 | $6 | $1 | $4 | $3 | $6 | $7 | $8 | $9 | |
| Undergraduate Non-quantitative | $2 | $2 | $4 | $5 | $6 | $1 | $4 | $3 | $6 | $6 | $7 | $8 | |
| Undergraduate International | $2 | $2 | $5 | $6 | $7 | $1 | $5 | $4 | $7 | $7 | $9 | $9 | |
| Subtotal Direct Cost of Sales | $19 | $22 | $47 | $63 | $63 | $13 | $42 | $34 | $63 | $66 | $79 | $87 | |
| Personnel Plan | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Bryan | 0% | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total People | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Total Payroll | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
| General Assumptions | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Long-term Interest Rate | 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% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pro Forma Profit and Loss | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Sales | $630 | $735 | $1,575 | $2,107 | $2,100 | $438 | $1,400 | $1,138 | $2,100 | $2,188 | $2,625 | $2,888 | |
| Direct Cost of Sales | $19 | $22 | $47 | $63 | $63 | $13 | $42 | $34 | $63 | $66 | $79 | $87 | |
| Other Costs of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $19 | $22 | $47 | $63 | $63 | $13 | $42 | $34 | $63 | $66 | $79 | $87 | |
| Gross Margin | $611 | $713 | $1,528 | $2,043 | $2,037 | $424 | $1,358 | $1,103 | $2,037 | $2,122 | $2,546 | $2,801 | |
| Gross Margin % | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | 97.00% | |
| Expenses | |||||||||||||
| Payroll | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
| Sales and Marketing and Other Expenses | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | |
| Depreciation | $33 | $33 | $33 | $33 | $33 | $33 | $33 | $33 | $33 | $33 | $33 | $33 | |
| Rent | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
| Utilities | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | |
| Insurance | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | |
| Payroll Taxes | 15% | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | $1,483 | |
| Profit Before Interest and Taxes | ($872) | ($770) | $44 | $560 | $554 | ($1,059) | ($125) | ($380) | $554 | $639 | $1,063 | $1,318 | |
| EBITDA | ($839) | ($737) | $78 | $593 | $587 | ($1,026) | ($92) | ($347) | $587 | $672 | $1,096 | $1,351 | |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes Incurred | ($262) | ($231) | $13 | $168 | $166 | ($318) | ($38) | ($114) | $166 | $192 | $319 | $395 | |
| Net Profit | ($611) | ($539) | $31 | $392 | $388 | ($741) | ($88) | ($266) | $388 | $447 | $744 | $922 | |
| Net Profit/Sales | -96.91% | -73.37% | 1.98% | 18.61% | 18.46% | -169.43% | -6.26% | -23.38% | 18.46% | 20.43% | 28.35% | 31.94% | |
| Pro Forma Cash Flow | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | $630 | $735 | $1,575 | $2,107 | $2,100 | $438 | $1,400 | $1,138 | $2,100 | $2,188 | $2,625 | $2,888 | |
| Subtotal Cash from Operations | $630 | $735 | $1,575 | $2,107 | $2,100 | $438 | $1,400 | $1,138 | $2,100 | $2,188 | $2,625 | $2,888 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Investment Received | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $630 | $735 | $1,575 | $2,107 | $2,100 | $438 | $1,400 | $1,138 | $2,100 | $2,188 | $2,625 | $2,888 | |
| Expenditures | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
| Bill Payments | $142 | $208 | $250 | $516 | $681 | $661 | $156 | $452 | $380 | $680 | $712 | $850 | |
| Subtotal Spent on Operations | $1,142 | $1,208 | $1,250 | $1,516 | $1,681 | $1,661 | $1,156 | $1,452 | $1,380 | $1,680 | $1,712 | $1,850 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Long-term Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Long-term Assets | $2,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Spent | $3,142 | $1,208 | $1,250 | $1,516 | $1,681 | $1,661 | $1,156 | $1,452 | $1,380 | $1,680 | $1,712 | $1,850 | |
| Net Cash Flow | ($2,512) | ($473) | $325 | $590 | $419 | ($1,224) | $244 | ($314) | $720 | $507 | $913 | $1,037 | |
| Cash Balance | $1,700 | $1,227 | $1,552 | $2,142 | $2,561 | $1,337 | $1,581 | $1,267 | $1,987 | $2,494 | $3,407 | $4,444 | |
| Pro Forma Balance Sheet | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | $4,212 | $1,700 | $1,227 | $1,552 | $2,142 | $2,561 | $1,337 | $1,581 | $1,267 | $1,987 | $2,494 | $3,407 | $4,444 |
| Other Current Assets | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 |
| Total Current Assets | $4,512 | $2,000 | $1,527 | $1,852 | $2,442 | $2,861 | $1,637 | $1,881 | $1,567 | $2,287 | $2,794 | $3,707 | $4,744 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Accumulated Depreciation | $0 | $33 | $67 | $100 | $133 | $167 | $200 | $233 | $266 | $300 | $333 | $366 | $400 |
| Total Long-term Assets | $0 | $1,967 | $1,933 | $1,900 | $1,867 | $1,834 | $1,800 | $1,767 | $1,734 | $1,700 | $1,667 | $1,634 | $1,600 |
| Total Assets | $4,512 | $3,967 | $3,460 | $3,752 | $4,309 | $4,694 | $3,437 | $3,648 | $3,301 | $3,987 | $4,461 | $5,341 | $6,345 |
| Liabilities and Capital | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Current Liabilities | |||||||||||||
| Accounts Payable | $135 | $200 | $233 | $494 | $658 | $656 | $141 | $439 | $358 | $656 | $684 | $819 | $901 |
| Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Current Liabilities | $135 | $200 | $233 | $494 | $658 | $656 | $141 | $439 | $358 | $656 | $684 | $819 | $901 |
| Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $135 | $200 | $233 | $494 | $658 | $656 | $141 | $439 | $358 | $656 | $684 | $819 | $901 |
| Paid-in Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 | $4,377 |
| Earnings | $0 | ($611) | ($1,150) | ($1,119) | ($727) | ($339) | ($1,080) | ($1,168) | ($1,434) | ($1,046) | ($599) | $145 | $1,067 |
| Total Capital | $4,377 | $3,766 | $3,227 | $3,258 | $3,650 | $4,038 | $3,297 | $3,209 | $2,943 | $3,331 | $3,778 | $4,522 | $5,444 |
| Total Liabilities and Capital | $4,512 | $3,967 | $3,460 | $3,752 | $4,309 | $4,694 | $3,437 | $3,648 | $3,301 | $3,987 | $4,461 | $5,341 | $6,345 |
| Net Worth | $4,377 | $3,766 | $3,227 | $3,258 | $3,650 | $4,038 | $3,297 | $3,209 | $2,943 | $3,331 | $3,778 | $4,522 | $5,444 |
