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Botanical Bounty

Financial Plan

Forecast

Key Assumptions

Our key assumptions 

  1. Our market and customer base are growing and with them the opportunities for sales. 
     
  2. The area has wealthy households that can afford to spend money on non essential vitamins. 
     
  3. Our customers appreciate our dedication to high quality products and price controls. 
     
  4. We will be able to get the 100,000 dollar loan at 8 percent based on our past success and being able to put our property up as collateral. We are a safe investment. If unplanned expenses pop up we have people interested in investing.

Revenue by Month

Chart visualizing the data for Revenue by Month

Expenses by Month

Chart visualizing the data for Expenses by Month

Net Profit (or Loss) by Year

Chart visualizing the data for Net Profit (or Loss) by Year

Financing

Use of Funds

We will be using the loan to purchase machines and to expand our farm and our personnel to grow the highest quality botanicals and process them so they can be turned into vitamins or other products that give the  customer a natural cure. 

Sources of Funds

We are leveraging our business to get an $100,000 10-year loan. We will also be using the cash on hand from our current business. 

Statements

Projected Profit & Loss

2020 2021 2022
Gross Margin $146,013 $215,320 $293,720
Operating Expenses
Salaries & Wages $113,700 $129,744 $151,066
Employee Related Expenses $22,740 $25,949 $30,213
Sales and Marketing $10,500 $5,400 $5,500
Rent $24,000 $24,000 $24,000
Utilities $6,000 $6,000 $6,000
Insurance $3,000 $3,000 $3,000
Interest Incurred $7,129 $7,238 $6,631
Depreciation and Amortization $5,830 $5,830 $5,830
Gain or Loss from Sale of Assets
Income Taxes $0 $0 $2,730
Total Expenses $255,476 $299,441 $360,850
Net Profit ($46,886) $8,159 $58,750

Projected Balance Sheet

2020 2021 2022
Cash $24,463 $29,034 $87,541
Accounts Receivable $0 $0 $0
Inventory $7,690 $10,490 $10,490
Other Current Assets
Total Current Assets $32,152 $39,524 $98,030
Long-Term Assets $58,300 $58,300 $58,300
Accumulated Depreciation ($5,830) ($11,660) ($17,490)
Total Long-Term Assets $52,470 $46,640 $40,810
Accounts Payable $2,722 $3,422 $3,424
Income Taxes Payable $0 $0 $1,850
Sales Taxes Payable
Short-Term Debt $7,318 $7,925 $8,583
Prepaid Revenue
Total Current Liabilities $10,040 $11,347 $13,857
Long-Term Debt $86,468 $78,543 $69,961
Long-Term Liabilities $86,468 $78,543 $69,961
Paid-In Capital $35,000 $35,000 $35,000
Retained Earnings ($46,886) ($38,727)
Earnings ($46,886) $8,159 $58,750

Projected Cash Flow Statement

2020 2021 2022
Net Cash Flow from Operations
Net Profit ($46,886) $8,159 $58,750
Depreciation & Amortization $5,830 $5,830 $5,830
Change in Accounts Receivable $0 $0 $0
Change in Inventory ($7,690) ($2,800) $0
Change in Accounts Payable $2,722 $700 $2
Change in Income Tax Payable $0 $0 $1,850
Change in Sales Tax Payable
Change in Prepaid Revenue
Investing & Financing
Assets Purchased or Sold ($58,300)
Investments Received $35,000
Dividends & Distributions
Change in Short-Term Debt $7,318 $607 $658
Change in Long-Term Debt $86,468 ($7,925) ($8,583)
Cash at Beginning of Period $0 $24,463 $29,034
Net Change in Cash $24,463 $4,571 $58,507