Green Investments
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 | |||||||||||||
| <$1 million worth customers | 0% | $0 | $0 | $0 | $2,500 | $3,545 | $4,545 | $5,878 | $6,335 | $7,474 | $7,558 | $8,255 | $8,656 |
| >$1 million worth customers | 0% | $0 | $0 | $0 | $0 | $0 | $2,136 | $2,763 | $2,977 | $3,513 | $3,552 | $3,880 | $4,068 |
| Total Sales | $0 | $0 | $0 | $2,500 | $3,545 | $6,681 | $8,641 | $9,312 | $10,987 | $11,110 | $12,135 | $12,724 | |
| 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 | |
| <$1 million worth customers | $0 | $0 | $0 | $375 | $532 | $682 | $882 | $950 | $1,121 | $1,134 | $1,238 | $1,298 | |
| >$1 million worth customers | $0 | $0 | $0 | $0 | $0 | $320 | $414 | $447 | $527 | $533 | $582 | $610 | |
| Subtotal Direct Cost of Sales | $0 | $0 | $0 | $375 | $532 | $1,002 | $1,296 | $1,397 | $1,648 | $1,667 | $1,820 | $1,909 | |
| 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 | ||
| Sarah | 0% | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 |
| Steve | 0% | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 |
| Account Manager | 0% | $0 | $0 | $1,500 | $2,000 | $2,500 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Administrative Assistant | 0% | $0 | $0 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 |
| Bookkeeper | 0% | $0 | $0 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Research Assistant | 0% | $0 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 | $750 |
| Total People | 2 | 3 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
| Total Payroll | $5,000 | $5,750 | $9,750 | $10,250 | $10,750 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | |
| 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 | $2,500 | $3,545 | $6,681 | $8,641 | $9,312 | $10,987 | $11,110 | $12,135 | $12,724 | |
| Direct Cost of Sales | $0 | $0 | $0 | $375 | $532 | $1,002 | $1,296 | $1,397 | $1,648 | $1,667 | $1,820 | $1,909 | |
| Other Costs of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $0 | $0 | $0 | $375 | $532 | $1,002 | $1,296 | $1,397 | $1,648 | $1,667 | $1,820 | $1,909 | |
| Gross Margin | $0 | $0 | $0 | $2,125 | $3,013 | $5,679 | $7,345 | $7,916 | $9,339 | $9,444 | $10,315 | $10,816 | |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | |
| Expenses | |||||||||||||
| Payroll | $5,000 | $5,750 | $9,750 | $10,250 | $10,750 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | |
| Sales and Marketing and Other Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Depreciation | $317 | $317 | $317 | $317 | $317 | $317 | $317 | $317 | $317 | $317 | $317 | $317 | |
| Rent | $650 | $650 | $650 | $650 | $650 | $650 | $650 | $650 | $650 | $650 | $650 | $650 | |
| Utilities | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
| Insurance | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
| Payroll Taxes | 15% | $750 | $863 | $1,463 | $1,538 | $1,613 | $1,688 | $1,688 | $1,688 | $1,688 | $1,688 | $1,688 | $1,688 |
| Other | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
| Total Operating Expenses | $7,167 | $8,030 | $12,630 | $13,205 | $13,780 | $14,355 | $14,355 | $14,355 | $14,355 | $14,355 | $14,355 | $14,355 | |
| Profit Before Interest and Taxes | ($7,167) | ($8,030) | ($12,630) | ($11,080) | ($10,766) | ($8,676) | ($7,010) | ($6,439) | ($5,016) | ($4,911) | ($4,040) | ($3,539) | |
| EBITDA | ($6,850) | ($7,713) | ($12,313) | ($10,763) | ($10,449) | ($8,359) | ($6,693) | ($6,122) | ($4,699) | ($4,594) | ($3,723) | ($3,222) | |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25 | $25 | $23 | |
| Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Profit | ($7,167) | ($8,030) | ($12,630) | ($11,080) | ($10,766) | ($8,676) | ($7,010) | ($6,439) | ($5,016) | ($4,936) | ($4,065) | ($3,561) | |
| Net Profit/Sales | 0.00% | 0.00% | 0.00% | -443.18% | -303.70% | -129.85% | -81.13% | -69.14% | -45.65% | -44.43% | -33.50% | -27.99% | |
| 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 | $2,500 | $3,545 | $6,681 | $8,641 | $9,312 | $10,987 | $11,110 | $12,135 | $12,724 | |
| Subtotal Cash from Operations | $0 | $0 | $0 | $2,500 | $3,545 | $6,681 | $8,641 | $9,312 | $10,987 | $11,110 | $12,135 | $12,724 | |
| 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 | $3,000 | $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 | $2,500 | $3,545 | $6,681 | $8,641 | $9,312 | $10,987 | $14,110 | $12,135 | $12,724 | |
| 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 | $5,000 | $5,750 | $9,750 | $10,250 | $10,750 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | $11,250 | |
| Bill Payments | $62 | $1,854 | $1,983 | $2,578 | $3,020 | $3,262 | $3,799 | $4,087 | $4,193 | $4,437 | $4,484 | $4,636 | |
| Subtotal Spent on Operations | $5,062 | $7,604 | $11,733 | $12,828 | $13,770 | $14,512 | $15,049 | $15,337 | $15,443 | $15,687 | $15,734 | $15,886 | |
| 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 | $300 | |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Long-term Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| 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 | $5,062 | $7,604 | $11,733 | $12,828 | $13,770 | $14,512 | $15,049 | $15,337 | $15,443 | $15,687 | $15,734 | $16,186 | |
| Net Cash Flow | ($5,062) | ($7,604) | ($11,733) | ($10,328) | ($10,225) | ($7,831) | ($6,409) | ($6,025) | ($4,456) | ($1,577) | ($3,599) | ($3,461) | |
| Cash Balance | $73,938 | $66,335 | $54,602 | $44,275 | $34,049 | $26,218 | $19,809 | $13,785 | $9,329 | $7,752 | $4,153 | $692 | |
| 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 | $79,000 | $73,938 | $66,335 | $54,602 | $44,275 | $34,049 | $26,218 | $19,809 | $13,785 | $9,329 | $7,752 | $4,153 | $692 |
| Other Current Assets | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 |
| Total Current Assets | $86,000 | $80,938 | $73,335 | $61,602 | $51,275 | $41,049 | $33,218 | $26,809 | $20,785 | $16,329 | $14,752 | $11,153 | $7,692 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 |
| Accumulated Depreciation | $0 | $317 | $634 | $951 | $1,268 | $1,585 | $1,902 | $2,219 | $2,536 | $2,853 | $3,170 | $3,487 | $3,804 |
| Total Long-term Assets | $19,000 | $18,683 | $18,366 | $18,049 | $17,732 | $17,415 | $17,098 | $16,781 | $16,464 | $16,147 | $15,830 | $15,513 | $15,196 |
| Total Assets | $105,000 | $99,621 | $91,701 | $79,651 | $69,007 | $58,464 | $50,316 | $43,590 | $37,249 | $32,476 | $30,582 | $26,666 | $22,888 |
| 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 | $1,788 | $1,897 | $2,477 | $2,912 | $3,136 | $3,663 | $3,947 | $4,045 | $4,288 | $4,330 | $4,478 | $4,561 |
| Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3,000 | $3,000 | $2,700 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Current Liabilities | $0 | $1,788 | $1,897 | $2,477 | $2,912 | $3,136 | $3,663 | $3,947 | $4,045 | $4,288 | $7,330 | $7,478 | $7,261 |
| Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $0 | $1,788 | $1,897 | $2,477 | $2,912 | $3,136 | $3,663 | $3,947 | $4,045 | $4,288 | $7,330 | $7,478 | $7,261 |
| Paid-in Capital | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 |
| Retained Earnings | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) | ($20,000) |
| Earnings | $0 | ($7,167) | ($15,197) | ($27,826) | ($38,906) | ($49,672) | ($58,347) | ($65,357) | ($71,796) | ($76,812) | ($81,748) | ($85,813) | ($89,374) |
| Total Capital | $105,000 | $97,833 | $89,804 | $77,174 | $66,095 | $55,328 | $46,653 | $39,643 | $33,204 | $28,188 | $23,252 | $19,187 | $15,626 |
| Total Liabilities and Capital | $105,000 | $99,621 | $91,701 | $79,651 | $69,007 | $58,464 | $50,316 | $43,590 | $37,249 | $32,476 | $30,582 | $26,666 | $22,888 |
| Net Worth | $105,000 | $97,833 | $89,804 | $77,174 | $66,095 | $55,328 | $46,653 | $39,643 | $33,204 | $28,188 | $23,252 | $19,187 | $15,626 |
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