FoodFun Lifeskills Instructional Software
Appendix
Sales Forecast | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Sales | |||||||||||||
Centers for Independent Living | 0% | $0 | $0 | $0 | $0 | $540 | $1,350 | $1,944 | $2,970 | $3,918 | $4,023 | $4,266 | $4,428 |
School Districts | 0% | $0 | $0 | $0 | $0 | $1,000 | $2,500 | $3,600 | $5,500 | $7,255 | $7,450 | $7,900 | $8,200 |
Proactive Parents | 0% | $0 | $0 | $0 | $0 | $230 | $575 | $828 | $1,265 | $1,669 | $1,714 | $1,817 | $1,886 |
Agencies | 0% | $0 | $0 | $0 | $0 | $460 | $1,150 | $1,656 | $2,530 | $3,337 | $3,427 | $3,634 | $3,772 |
Total Sales | $0 | $0 | $0 | $0 | $2,230 | $5,575 | $8,028 | $12,265 | $16,179 | $16,614 | $17,617 | $18,286 | |
Direct Cost of Sales | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Centers for Independent Living | $0 | $0 | $0 | $0 | $38 | $95 | $136 | $208 | $274 | $282 | $299 | $310 | |
School Districts | $0 | $0 | $0 | $0 | $70 | $175 | $252 | $385 | $508 | $522 | $553 | $574 | |
Proactive Parents | $0 | $0 | $0 | $0 | $16 | $40 | $58 | $89 | $117 | $120 | $127 | $132 | |
Agencies | $0 | $0 | $0 | $0 | $32 | $81 | $116 | $177 | $234 | $240 | $254 | $264 | |
Subtotal Direct Cost of Sales | $0 | $0 | $0 | $0 | $156 | $390 | $562 | $859 | $1,133 | $1,163 | $1,233 | $1,280 |
Personnel Plan | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Sue | 0% | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
Accounting | 0% | $0 | $0 | $0 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 |
Software Documentation | 0% | $0 | $0 | $0 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 |
Product Development | 0% | $0 | $0 | $0 | $0 | $0 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 |
Customer Service/ Tech Support | 0% | $0 | $0 | $0 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 |
Customer Service/ Tech Support | 0% | $0 | $0 | $0 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 | $2,200 |
Marketing/ Sales | 0% | $0 | $0 | $0 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
Marketing/ Sales | 0% | $0 | $0 | $0 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
Total People | 0 | 1 | 1 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | |
Total Payroll | $0 | $2,000 | $2,000 | $16,400 | $16,400 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 |
General Assumptions | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
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 | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Sales | $0 | $0 | $0 | $0 | $2,230 | $5,575 | $8,028 | $12,265 | $16,179 | $16,614 | $17,617 | $18,286 | |
Direct Cost of Sales | $0 | $0 | $0 | $0 | $156 | $390 | $562 | $859 | $1,133 | $1,163 | $1,233 | $1,280 | |
Other Costs of Goods | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $0 | $0 | $0 | $0 | $156 | $390 | $562 | $859 | $1,133 | $1,163 | $1,233 | $1,280 | |
Gross Margin | $0 | $0 | $0 | $0 | $2,074 | $5,185 | $7,466 | $11,406 | $15,046 | $15,451 | $16,384 | $17,006 | |
Gross Margin % | 0.00% | 0.00% | 0.00% | 0.00% | 93.00% | 93.00% | 93.00% | 93.00% | 93.00% | 93.00% | 93.00% | 93.00% | |
Expenses | |||||||||||||
Payroll | $0 | $2,000 | $2,000 | $16,400 | $16,400 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | |
Sales and Marketing and Other Expenses | $0 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | |
Depreciation | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
Rent | $0 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | |
Utilities | $0 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Insurance | $0 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Payroll Taxes | 15% | $0 | $300 | $300 | $2,460 | $2,460 | $2,790 | $2,790 | $2,790 | $2,790 | $2,790 | $2,790 | $2,790 |
Programming | $3,000 | $3,000 | $3,000 | $3,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $3,150 | $8,000 | $8,000 | $24,560 | $21,560 | $24,090 | $24,090 | $24,090 | $24,090 | $24,090 | $24,090 | $24,090 | |
Profit Before Interest and Taxes | ($3,150) | ($8,000) | ($8,000) | ($24,560) | ($19,486) | ($18,905) | ($16,624) | ($12,684) | ($9,044) | ($8,639) | ($7,706) | ($7,084) | |
EBITDA | ($3,000) | ($7,850) | ($7,850) | ($24,410) | ($19,336) | ($18,755) | ($16,474) | ($12,534) | ($8,894) | ($8,489) | ($7,556) | ($6,934) | |
Interest Expense | $823 | $812 | $801 | $790 | $779 | $767 | $756 | $745 | $733 | $722 | $710 | $698 | |
Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Net Profit | ($3,973) | ($8,812) | ($8,801) | ($25,350) | ($20,265) | ($19,673) | ($17,380) | ($13,428) | ($9,777) | ($9,361) | ($8,416) | ($7,782) | |
Net Profit/Sales | 0.00% | 0.00% | 0.00% | 0.00% | -908.73% | -352.87% | -216.49% | -109.48% | -60.43% | -56.35% | -47.77% | -42.56% |
Pro Forma Cash Flow | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Cash Received | |||||||||||||
Cash from Operations | |||||||||||||
Cash Sales | $0 | $0 | $0 | $0 | $558 | $1,394 | $2,007 | $3,066 | $4,045 | $4,153 | $4,404 | $4,572 | |
Cash from Receivables | $0 | $0 | $0 | $0 | $0 | $56 | $1,756 | $4,243 | $6,127 | $9,297 | $12,145 | $12,485 | |
Subtotal Cash from Operations | $0 | $0 | $0 | $0 | $558 | $1,450 | $3,763 | $7,309 | $10,172 | $13,450 | $16,549 | $17,057 | |
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 | $0 | $0 | $0 | $0 | $558 | $1,450 | $3,763 | $7,309 | $10,172 | $13,450 | $16,549 | $17,057 | |
Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Expenditures from Operations | |||||||||||||
Cash Spending | $0 | $2,000 | $2,000 | $16,400 | $16,400 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | $18,600 | |
Bill Payments | $127 | $3,917 | $6,661 | $6,722 | $8,733 | $6,766 | $6,140 | $7,096 | $7,096 | $7,413 | $7,261 | $7,361 | |
Subtotal Spent on Operations | $127 | $5,917 | $8,661 | $23,122 | $25,133 | $25,366 | $24,740 | $25,696 | $25,696 | $26,013 | $25,861 | $25,961 | |
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 | $1,291 | $1,302 | $1,313 | $1,324 | $1,335 | $1,346 | $1,357 | $1,369 | $1,380 | $1,392 | $1,403 | $1,415 | |
Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Purchase Long-term Assets | $0 | $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 | $1,419 | $7,219 | $9,974 | $24,446 | $26,468 | $26,712 | $26,098 | $27,064 | $27,076 | $27,404 | $27,265 | $27,375 | |
Net Cash Flow | ($1,419) | ($7,219) | ($9,974) | ($24,446) | ($25,910) | ($25,262) | ($22,335) | ($19,755) | ($16,904) | ($13,955) | ($10,715) | ($10,319) | |
Cash Balance | $212,081 | $204,862 | $194,888 | $170,441 | $144,531 | $119,269 | $96,934 | $77,178 | $60,274 | $46,320 | $35,604 | $25,286 |
Pro Forma Balance Sheet | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Assets | Starting Balances | ||||||||||||
Current Assets | |||||||||||||
Cash | $213,500 | $212,081 | $204,862 | $194,888 | $170,441 | $144,531 | $119,269 | $96,934 | $77,178 | $60,274 | $46,320 | $35,604 | $25,286 |
Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $1,673 | $5,798 | $10,063 | $15,019 | $21,026 | $24,190 | $25,258 | $26,487 |
Inventory | $0 | $0 | $0 | $0 | $0 | $844 | $454 | $892 | $1,033 | $1,246 | $1,279 | $1,357 | $1,408 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $213,500 | $212,081 | $204,862 | $194,888 | $170,441 | $147,047 | $125,520 | $107,889 | $93,231 | $82,546 | $71,789 | $62,218 | $53,180 |
Long-term Assets | |||||||||||||
Long-term Assets | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 |
Accumulated Depreciation | $0 | $150 | $300 | $450 | $600 | $750 | $900 | $1,050 | $1,200 | $1,350 | $1,500 | $1,650 | $1,800 |
Total Long-term Assets | $9,000 | $8,850 | $8,700 | $8,550 | $8,400 | $8,250 | $8,100 | $7,950 | $7,800 | $7,650 | $7,500 | $7,350 | $7,200 |
Total Assets | $222,500 | $220,931 | $213,562 | $203,438 | $178,841 | $155,297 | $133,620 | $115,839 | $101,031 | $90,196 | $79,289 | $69,568 | $60,380 |
Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Current Liabilities | |||||||||||||
Accounts Payable | $0 | $3,695 | $6,440 | $6,429 | $8,506 | $6,562 | $5,904 | $6,860 | $6,849 | $7,171 | $7,016 | $7,115 | $7,124 |
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 | $0 | $3,695 | $6,440 | $6,429 | $8,506 | $6,562 | $5,904 | $6,860 | $6,849 | $7,171 | $7,016 | $7,115 | $7,124 |
Long-term Liabilities | $100,000 | $98,709 | $97,406 | $96,094 | $94,770 | $93,435 | $92,089 | $90,731 | $89,363 | $87,983 | $86,591 | $85,188 | $83,773 |
Total Liabilities | $100,000 | $102,404 | $103,846 | $102,523 | $103,276 | $99,997 | $97,992 | $97,591 | $96,211 | $95,154 | $93,607 | $92,303 | $90,897 |
Paid-in Capital | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 |
Retained Earnings | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) | ($22,500) |
Earnings | $0 | ($3,973) | ($12,784) | ($21,585) | ($46,935) | ($67,200) | ($86,872) | ($104,252) | ($117,680) | ($127,458) | ($136,819) | ($145,235) | ($153,017) |
Total Capital | $122,500 | $118,527 | $109,716 | $100,915 | $75,565 | $55,300 | $35,628 | $18,248 | $4,820 | ($4,958) | ($14,319) | ($22,735) | ($30,517) |
Total Liabilities and Capital | $222,500 | $220,931 | $213,562 | $203,438 | $178,841 | $155,297 | $133,620 | $115,839 | $101,031 | $90,196 | $79,289 | $69,568 | $60,380 |
Net Worth | $122,500 | $118,527 | $109,716 | $100,915 | $75,565 | $55,300 | $35,628 | $18,248 | $4,820 | ($4,958) | ($14,319) | ($22,735) | ($30,517) |