Bed And Breakfast Business Plan

Start your plan
Start my business plan

Start your own bed and breakfast business plan

Coach House Bed and Breakfast

Financial Plan

Forecast

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

Statements

Projected Profit & Loss

2020 2021 2022
Gross Margin $140,034 $222,700 $318,500
Operating Expenses
Salaries & Wages $60,000 $97,920 $99,878
Employee Related Expenses $12,000 $19,584 $19,976
Rent $30,000 $30,000 $30,000
Insurance $2,640 $2,640 $2,640
Telephone $4,140 $4,140 $4,140
Security $6,000 $6,000 $6,000
Duties and Subscriptions $2,100 $2,100 $2,100
Marketing $9,600 $15,000 $25,000
Sales $7,440 $7,440 $7,440
House Cleaning $11,400 $11,400 $11,400
Amortization of Other Current Assets $0 $0 $0
Interest Incurred
Depreciation and Amortization $5,667 $5,666 $5,667
Gain or Loss from Sale of Assets
Income Taxes $0 $0 $0
Total Expenses $163,913 $222,190 $242,741
Net Profit ($10,953) $20,810 $104,259

Projected Balance Sheet

Starting Balances 2020 2021 2022
Cash $22,000 $7,396 $34,611 $145,731
Accounts Receivable $4,000 $0 $0 $0
Inventory $1,692 $2,375 $2,375
Other Current Assets $1,000 $1,000 $1,000 $1,000
Total Current Assets $27,000 $10,088 $37,986 $149,106
Long-Term Assets $200,000 $200,000 $200,000 $200,000
Accumulated Depreciation ($30,000) ($35,667) ($41,333) ($47,000)
Total Long-Term Assets $170,000 $164,333 $158,667 $153,000
Accounts Payable $20,000 $8,374 $9,796 $10,989
Income Taxes Payable $0 $0 $0
Sales Taxes Payable $0 $0 $0
Short-Term Debt
Prepaid Revenue
Total Current Liabilities $20,000 $8,374 $9,796 $10,989
Long-Term Debt
Long-Term Liabilities
Paid-In Capital $60,000 $60,000 $60,000 $60,000
Retained Earnings $117,000 $117,000 $106,047 $126,857
Earnings ($10,953) $20,809 $104,260

Projected Cash Flow Statement

2020 2021 2022
Net Cash Flow from Operations
Net Profit ($10,953) $20,810 $104,259
Depreciation & Amortization $5,667 $5,667 $5,667
Change in Accounts Receivable $4,000 $0 $0
Change in Inventory ($1,692) ($683) $0
Change in Accounts Payable ($11,626) $1,422 $1,194
Change in Income Tax Payable $0 $0 $0
Change in Sales Tax Payable $0 $0 $0
Change in Prepaid Revenue
Investing & Financing
Assets Purchased or Sold
Investments Received
Dividends & Distributions
Change in Short-Term Debt
Change in Long-Term Debt
Cash at Beginning of Period $22,000 $7,396 $34,611
Net Change in Cash ($14,604) $27,214 $111,120
Download link edge graphic Download this plan

Start your own bed and breakfast business plan

Start your own business plan

LivePlan logo Start planning

Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan.

Get the Bplans newsletter:

Expert business tips and advice delivered weekly.