Basket of Goodies
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 | |||||||||||||
| Individuals | 0% | $0 | $0 | $1,245 | $1,854 | $1,987 | $2,854 | $3,254 | $3,475 | $3,654 | $3,758 | $4,014 | $7,545 |
| Corporations | 0% | $0 | $0 | $75 | $187 | $421 | $564 | $745 | $887 | $998 | $1,014 | $1,645 | $3,369 |
| Total Sales | $0 | $0 | $1,320 | $2,041 | $2,408 | $3,418 | $3,999 | $4,362 | $4,652 | $4,772 | $5,659 | $10,914 | |
| 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 | |
| Individuals | $0 | $0 | $621 | $751 | $812 | $1,354 | $1,547 | $1,354 | $1,345 | $1,345 | $154 | $2,201 | |
| Corporations | $0 | $0 | $35 | $64 | $158 | $225 | $354 | $321 | $351 | $352 | $658 | $987 | |
| Subtotal Direct Cost of Sales | $0 | $0 | $656 | $815 | $970 | $1,579 | $1,901 | $1,675 | $1,696 | $1,697 | $812 | $3,188 | |
| 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 | ||
| Susan | 0% | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Part-time employee | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 |
| Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total People | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | |
| Total Payroll | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $3,500 | $3,500 | $3,500 | $3,500 | $3,500 | |
| 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% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | |
| 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 | $1,320 | $2,041 | $2,408 | $3,418 | $3,999 | $4,362 | $4,652 | $4,772 | $5,659 | $10,914 | |
| Direct Cost of Sales | $0 | $0 | $656 | $815 | $970 | $1,579 | $1,901 | $1,675 | $1,696 | $1,697 | $812 | $3,188 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $0 | $0 | $656 | $815 | $970 | $1,579 | $1,901 | $1,675 | $1,696 | $1,697 | $812 | $3,188 | |
| Gross Margin | $0 | $0 | $664 | $1,226 | $1,438 | $1,839 | $2,098 | $2,687 | $2,956 | $3,075 | $4,847 | $7,726 | |
| Gross Margin % | 0.00% | 0.00% | 50.30% | 60.07% | 59.72% | 53.80% | 52.46% | 61.60% | 63.54% | 64.44% | 85.65% | 70.79% | |
| Expenses | |||||||||||||
| Payroll | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $3,500 | $3,500 | $3,500 | $3,500 | $3,500 | |
| Sales and Marketing and Other Expenses | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | |
| Depreciation | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | |
| Leased Equipment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Utilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Insurance | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 | |
| Rent | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Payroll Taxes | 15% | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $525 | $525 | $525 | $525 | $525 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $2,505 | $2,505 | $2,505 | $2,505 | $2,505 | $2,505 | $2,505 | $4,230 | $4,230 | $4,230 | $4,230 | $4,230 | |
| Profit Before Interest and Taxes | ($2,505) | ($2,505) | ($1,841) | ($1,279) | ($1,067) | ($666) | ($407) | ($1,543) | ($1,274) | ($1,155) | $617 | $3,496 | |
| EBITDA | ($2,450) | ($2,450) | ($1,786) | ($1,224) | ($1,012) | ($611) | ($352) | ($1,488) | ($1,219) | ($1,100) | $672 | $3,551 | |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Profit | ($2,505) | ($2,505) | ($1,841) | ($1,279) | ($1,067) | ($666) | ($407) | ($1,543) | ($1,274) | ($1,155) | $617 | $3,496 | |
| Net Profit/Sales | 0.00% | 0.00% | -139.44% | -62.64% | -44.29% | -19.47% | -10.17% | -35.36% | -27.38% | -24.19% | 10.91% | 32.04% | |
| 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 | $1,320 | $2,041 | $2,408 | $3,418 | $3,999 | $4,362 | $4,652 | $4,772 | $5,659 | $10,914 | |
| Subtotal Cash from Operations | $0 | $0 | $1,320 | $2,041 | $2,408 | $3,418 | $3,999 | $4,362 | $4,652 | $4,772 | $5,659 | $10,914 | |
| 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 | $1,320 | $2,041 | $2,408 | $3,418 | $3,999 | $4,362 | $4,652 | $4,772 | $5,659 | $10,914 | |
| 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 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $3,500 | $3,500 | $3,500 | $3,500 | $3,500 | |
| Bill Payments | $15 | $450 | $496 | $1,815 | $1,454 | $1,618 | $2,699 | $2,685 | $2,111 | $2,393 | $2,316 | $863 | |
| Subtotal Spent on Operations | $2,015 | $2,450 | $2,496 | $3,815 | $3,454 | $3,618 | $4,699 | $6,185 | $5,611 | $5,893 | $5,816 | $4,363 | |
| 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 | $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 | $2,015 | $2,450 | $2,496 | $3,815 | $3,454 | $3,618 | $4,699 | $6,185 | $5,611 | $5,893 | $5,816 | $4,363 | |
| Net Cash Flow | ($2,015) | ($2,450) | ($1,176) | ($1,774) | ($1,046) | ($200) | ($700) | ($1,823) | ($959) | ($1,121) | ($157) | $6,551 | |
| Cash Balance | $20,635 | $18,185 | $17,009 | $15,235 | $14,189 | $13,989 | $13,289 | $11,466 | $10,507 | $9,385 | $9,228 | $15,779 | |
| 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 | $22,650 | $20,635 | $18,185 | $17,009 | $15,235 | $14,189 | $13,989 | $13,289 | $11,466 | $10,507 | $9,385 | $9,228 | $15,779 |
| Inventory | $0 | $0 | $0 | $722 | $907 | $1,067 | $1,737 | $2,091 | $1,843 | $1,866 | $1,867 | $1,055 | $3,507 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $22,650 | $20,635 | $18,185 | $17,731 | $16,142 | $15,256 | $15,726 | $15,380 | $13,308 | $12,372 | $11,252 | $10,283 | $19,286 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Accumulated Depreciation | $0 | $55 | $109 | $164 | $218 | $273 | $327 | $382 | $436 | $491 | $546 | $600 | $655 |
| Total Long-term Assets | $2,000 | $1,945 | $1,891 | $1,836 | $1,782 | $1,727 | $1,673 | $1,618 | $1,564 | $1,509 | $1,455 | $1,400 | $1,345 |
| Total Assets | $24,650 | $22,580 | $20,076 | $19,567 | $17,923 | $16,983 | $17,399 | $16,998 | $14,872 | $13,881 | $12,706 | $11,682 | $20,631 |
| 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 | $435 | $435 | $1,767 | $1,402 | $1,528 | $2,609 | $2,615 | $2,031 | $2,314 | $2,294 | $653 | $6,105 |
| 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 | $435 | $435 | $1,767 | $1,402 | $1,528 | $2,609 | $2,615 | $2,031 | $2,314 | $2,294 | $653 | $6,105 |
| Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $0 | $435 | $435 | $1,767 | $1,402 | $1,528 | $2,609 | $2,615 | $2,031 | $2,314 | $2,294 | $653 | $6,105 |
| Paid-in Capital | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 |
| Retained Earnings | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) | ($3,350) |
| Earnings | $0 | ($2,505) | ($5,009) | ($6,850) | ($8,128) | ($9,195) | ($9,860) | ($10,267) | ($11,809) | ($13,083) | ($14,237) | ($13,620) | ($10,124) |
| Total Capital | $24,650 | $22,145 | $19,641 | $17,800 | $16,522 | $15,455 | $14,790 | $14,383 | $12,841 | $11,567 | $10,413 | $11,030 | $14,526 |
| Total Liabilities and Capital | $24,650 | $22,580 | $20,076 | $19,567 | $17,923 | $16,983 | $17,399 | $16,998 | $14,872 | $13,881 | $12,706 | $11,682 | $20,631 |
| Net Worth | $24,650 | $22,145 | $19,641 | $17,800 | $16,522 | $15,455 | $14,790 | $14,383 | $12,841 | $11,567 | $10,412 | $11,030 | $14,526 |
By 
