Construction Business Plan

Start your plan
Start my business plan

Start your own construction business plan

Fosse Commercial Contractors LLC

Financial Plan

Forecast

Key Assumptions

 We do not anticipate a significant increase in profits until our 3rd year as we will need time to penetrate our new market. We plan on basing dividend payouts on overall performance and health of the company and may decide to retain such earnings for future growth.

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 use the influx of capital to expand into a new market. There is a lot of opportunity to grow and be successful. We need to buy equipment and get experts and do the website to refocus our brand

Sources of Funds

We will be using our sales and cash from our already established business to expand and make our business more profitable. 

Statements

Projected Profit & Loss

2020 2021 2022
Gross Margin $237,286 $371,000 $508,500
Operating Expenses
Salaries & Wages $240,000 $244,800 $318,645
Employee Related Expenses $48,000 $48,960 $63,729
Sales and Marketing Expense $2,400 $2,400 $2,400
Utilities $1,380 $1,380 $1,380
Insurance $3,600 $3,600 $3,600
Amortization of Other Current Assets $0 $0 $0
Interest Incurred $1,520 $1,051 $731
Depreciation and Amortization $1,774 $1,775 $1,774
Gain or Loss from Sale of Assets
Income Taxes $0 $1,412 $29,060
Total Expenses $1,010,533 $1,418,378 $1,946,820
Net Profit ($61,388) $65,622 $87,180

Projected Balance Sheet

Starting Balances 2020 2021 2022
Cash $40,428 $22,548 $66,375 $141,831
Accounts Receivable $23,157 $21,675 $30,917 $42,375
Inventory $43,320 $92,750 $127,125 $127,125
Other Current Assets $37,991 $37,991 $37,991 $37,991
Total Current Assets $144,896 $174,964 $262,408 $349,322
Long-Term Assets $20,421 $20,421 $20,421 $20,421
Accumulated Depreciation ($8,000) ($9,774) ($11,549) ($13,323)
Total Long-Term Assets $12,421 $10,647 $8,872 $7,098
Accounts Payable $25,400 $92,432 $126,463 $126,463
Income Taxes Payable $21,677 $0 $1,412 $7,268
Sales Taxes Payable
Short-Term Debt $31,307 $15,395 $7,897 $8,137
Prepaid Revenue
Total Current Liabilities $78,384 $107,827 $135,771 $141,868
Long-Term Debt $7,732 $27,971 $20,074 $11,937
Long-Term Liabilities $7,732 $27,971 $20,074 $11,937
Paid-In Capital $0 $40,000 $40,000 $40,000
Retained Earnings $71,201 $71,201 $9,813 $75,435
Earnings ($61,388) $65,622 $87,180

Projected Cash Flow Statement

2020 2021 2022
Net Cash Flow from Operations
Net Profit ($61,388) $65,622 $87,180
Depreciation & Amortization $1,774 $1,774 $1,774
Change in Accounts Receivable $1,482 ($9,242) ($11,458)
Change in Inventory ($49,430) ($34,375) $0
Change in Accounts Payable $67,032 $34,031 $0
Change in Income Tax Payable ($21,677) $1,412 $5,856
Change in Sales Tax Payable
Change in Prepaid Revenue
Investing & Financing
Assets Purchased or Sold
Investments Received $40,000
Dividends & Distributions
Change in Short-Term Debt ($15,912) ($7,498) $240
Change in Long-Term Debt $20,239 ($7,897) ($8,137)
Cash at Beginning of Period $40,428 $22,548 $66,375
Net Change in Cash ($17,880) $43,828 $75,456
Download link edge graphic Download this plan

Start your own construction 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.