Nature's Candy
Financial Plan
Forecast
Key Assumptions
Our Key Assumptions:
- The new trend is people are focusing on their health
- Vitamins help prolong health
- People need price accessible Vitamins
Revenue by Month
Expenses by Month
Net Profit (or Loss) by Year
Financing
Use of Funds
Nature’s Candy will incur the following start-up costs
Legal$1,000
Stationery etc.$200
Web Development$10,000
TOTAL START-UP EXPENSES$ 11,200
Sources of Funds
We will be getting $80,000:
Quack$45,000
Stewart$35,000
Statements
Projected Profit & Loss
2018 | 2019 | 2020 | |
---|---|---|---|
Revenue | $502,400 | $542,000 | $563,000 |
Direct Costs | $268,896 | $290,280 | $301,620 |
Gross Margin | $233,504 | $251,720 | $261,380 |
Gross Margin % | 46% | 46% | 46% |
Operating Expenses | |||
Salaries & Wages | $163,200 | $166,464 | $169,792 |
Employee Related Expenses | $32,640 | $33,293 | $33,958 |
Marketing | $5,760 | $5,760 | $5,760 |
Sales | $7,500 | $7,500 | $7,500 |
Utilities | $2,400 | $2,400 | $2,400 |
Insurance | $1,500 | $1,500 | $1,500 |
Rent | $24,000 | $24,000 | $24,000 |
Total Operating Expenses | $237,000 | $240,917 | $244,910 |
Operating Income | ($3,496) | $10,803 | $16,470 |
Interest Incurred | |||
Depreciation and Amortization | $0 | $0 | $0 |
Gain or Loss from Sale of Assets | |||
Income Taxes | $0 | $0 | $0 |
Total Expenses | $505,896 | $531,197 | $546,530 |
Net Profit | ($3,496) | $10,803 | $16,470 |
Net Profit/Sales | (1%) | 2% | 3% |
Projected Balance Sheet
Starting Balances | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Cash | $65,600 | $96,904 | $101,080 | $118,513 |
Accounts Receivable | $0 | $0 | $0 | |
Inventory | ||||
Other Current Assets | ||||
Total Current Assets | $65,600 | $96,904 | $101,080 | $118,513 |
Long-Term Assets | $3,200 | $3,200 | $3,200 | $3,200 |
Accumulated Depreciation | $0 | $0 | $0 | |
Total Long-Term Assets | $3,200 | $3,200 | $3,200 | $3,200 |
Total Assets | $68,800 | $100,104 | $104,280 | $121,713 |
Accounts Payable | $34,800 | $28,172 | $29,136 | |
Income Taxes Payable | $0 | $0 | $0 | |
Sales Taxes Payable | $0 | $0 | $0 | |
Short-Term Debt | ||||
Prepaid Revenue | ||||
Total Current Liabilities | $34,800 | $28,172 | $29,136 | |
Long-Term Debt | ||||
Long-Term Liabilities | ||||
Total Liabilities | $34,800 | $28,172 | $29,136 | |
Paid-In Capital | $80,000 | $80,000 | $80,000 | $80,000 |
Retained Earnings | ($11,200) | ($11,200) | ($14,696) | ($3,893) |
Earnings | ($3,496) | $10,803 | $16,470 | |
Total Owner’s Equity | $68,800 | $65,304 | $76,107 | $92,577 |
Total Liabilities & Equity | $68,800 | $100,104 | $104,280 | $121,713 |
Projected Cash Flow Statement
2018 | 2019 | 2020 | |
---|---|---|---|
Net Cash Flow from Operations | |||
Net Profit | ($3,496) | $10,803 | $16,470 |
Depreciation & Amortization | $0 | $0 | $0 |
Change in Accounts Receivable | $0 | $0 | $0 |
Change in Inventory | |||
Change in Accounts Payable | $34,800 | ($6,628) | $964 |
Change in Income Tax Payable | $0 | $0 | $0 |
Change in Sales Tax Payable | $0 | $0 | $0 |
Change in Prepaid Revenue | |||
Net Cash Flow from Operations | $31,304 | $4,175 | $17,434 |
Investing & Financing | |||
Assets Purchased or Sold | |||
Net Cash from Investing | |||
Investments Received | |||
Dividends & Distributions | |||
Change in Short-Term Debt | |||
Change in Long-Term Debt | |||
Net Cash from Financing | |||
Cash at Beginning of Period | $65,600 | $96,904 | $101,080 |
Net Change in Cash | $31,304 | $4,175 | $17,434 |
Cash at End of Period | $96,904 | $101,080 | $118,513 |