Laser Dreams
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 | |||||||||||||
| Hair Removal | 0% | $0 | $2,000 | $5,000 | $7,000 | $10,000 | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 |
| Products | 0% | $0 | $300 | $700 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,100 | $1,200 |
| Total Sales | $0 | $2,300 | $5,700 | $8,000 | $11,000 | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,100 | $17,200 | |
| 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 | |
| Hair Removal | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Products | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| 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 | ||
| Joe Jackson | 0% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Allison Fremont | 0% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Receptionist/Clerk | 0% | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 |
| Total People | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |
| Total Payroll | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | |
| 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 | $2,300 | $5,700 | $8,000 | $11,000 | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,100 | $17,200 | |
| Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Production Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross Margin | $0 | $2,300 | $5,700 | $8,000 | $11,000 | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,100 | $17,200 | |
| Gross Margin % | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
| Expenses | |||||||||||||
| Payroll | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | |
| Sales and Marketing and Other Expenses | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
| Depreciation | $714 | $714 | $714 | $714 | $714 | $714 | $714 | $714 | $714 | $714 | $714 | $714 | |
| Leased Equipment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Utilities | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $0 | |
| Insurance | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
| Rent | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
| Payroll Taxes | 15% | $840 | $840 | $840 | $840 | $840 | $840 | $840 | $840 | $840 | $840 | $840 | $840 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $13,354 | $13,354 | $13,354 | $13,354 | $13,354 | $13,354 | $13,354 | $13,354 | $13,354 | $13,354 | $13,354 | $13,054 | |
| Profit Before Interest and Taxes | ($13,354) | ($11,054) | ($7,654) | ($5,354) | ($2,354) | ($354) | $1,646 | $1,646 | $2,646 | $2,646 | $2,746 | $4,146 | |
| EBITDA | ($12,640) | ($10,340) | ($6,940) | ($4,640) | ($1,640) | $360 | $2,360 | $2,360 | $3,360 | $3,360 | $3,460 | $4,860 | |
| Interest Expense | $830 | $826 | $823 | $819 | $815 | $812 | $808 | $805 | $801 | $798 | $794 | $790 | |
| Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Profit | ($14,184) | ($11,880) | ($8,477) | ($6,173) | ($3,169) | ($1,166) | $838 | $841 | $1,845 | $1,849 | $1,952 | $3,356 | |
| Net Profit/Sales | 0.00% | -516.53% | -148.71% | -77.16% | -28.81% | -8.97% | 5.59% | 5.61% | 11.53% | 11.55% | 12.12% | 19.51% | |
| 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 | $2,300 | $5,700 | $8,000 | $11,000 | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,100 | $17,200 | |
| Subtotal Cash from Operations | $0 | $2,300 | $5,700 | $8,000 | $11,000 | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,100 | $17,200 | |
| 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 | $2,300 | $5,700 | $8,000 | $11,000 | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,100 | $17,200 | |
| 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 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 | |
| Bill Payments | $189 | $5,670 | $5,666 | $5,662 | $5,659 | $5,655 | $5,652 | $5,648 | $5,645 | $5,641 | $5,637 | $5,624 | |
| Subtotal Spent on Operations | $7,989 | $13,470 | $13,466 | $13,462 | $13,459 | $13,455 | $13,452 | $13,448 | $13,445 | $13,441 | $13,437 | $13,424 | |
| 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 | $430 | $430 | $430 | $430 | $430 | $430 | $430 | $430 | $430 | $430 | $430 | $430 | |
| 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 | $8,419 | $13,900 | $13,896 | $13,892 | $13,889 | $13,885 | $13,882 | $13,878 | $13,875 | $13,871 | $13,867 | $13,854 | |
| Net Cash Flow | ($8,419) | ($11,600) | ($8,196) | ($5,892) | ($2,889) | ($885) | $1,118 | $1,122 | $2,125 | $2,129 | $2,233 | $3,346 | |
| Cash Balance | $33,481 | $21,881 | $13,685 | $7,793 | $4,904 | $4,019 | $5,137 | $6,259 | $8,384 | $10,513 | $12,746 | $16,092 | |
| 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 | $41,900 | $33,481 | $21,881 | $13,685 | $7,793 | $4,904 | $4,019 | $5,137 | $6,259 | $8,384 | $10,513 | $12,746 | $16,092 |
| Other Current Assets | $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 |
| Total Current Assets | $61,900 | $53,481 | $41,881 | $33,685 | $27,793 | $24,904 | $24,019 | $25,137 | $26,259 | $28,384 | $30,513 | $32,746 | $36,092 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 |
| Accumulated Depreciation | $0 | $714 | $1,428 | $2,142 | $2,856 | $3,570 | $4,284 | $4,998 | $5,712 | $6,426 | $7,140 | $7,854 | $8,568 |
| Total Long-term Assets | $30,000 | $29,286 | $28,572 | $27,858 | $27,144 | $26,430 | $25,716 | $25,002 | $24,288 | $23,574 | $22,860 | $22,146 | $21,432 |
| Total Assets | $91,900 | $82,767 | $70,453 | $61,543 | $54,937 | $51,334 | $49,735 | $50,139 | $50,547 | $51,958 | $53,373 | $54,892 | $57,524 |
| 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 | $5,481 | $5,477 | $5,474 | $5,470 | $5,467 | $5,463 | $5,460 | $5,457 | $5,453 | $5,450 | $5,446 | $5,153 |
| 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 | $5,481 | $5,477 | $5,474 | $5,470 | $5,467 | $5,463 | $5,460 | $5,457 | $5,453 | $5,450 | $5,446 | $5,153 |
| Long-term Liabilities | $100,000 | $99,570 | $99,140 | $98,710 | $98,280 | $97,850 | $97,420 | $96,990 | $96,560 | $96,130 | $95,700 | $95,270 | $94,840 |
| Total Liabilities | $100,000 | $105,051 | $104,617 | $104,184 | $103,750 | $103,317 | $102,883 | $102,450 | $102,017 | $101,583 | $101,150 | $100,716 | $99,993 |
| Paid-in Capital | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 |
| Retained Earnings | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) | ($68,100) |
| Earnings | $0 | ($14,184) | ($26,064) | ($34,541) | ($40,714) | ($43,883) | ($45,049) | ($44,211) | ($43,370) | ($41,525) | ($39,676) | ($37,724) | ($34,369) |
| Total Capital | ($8,100) | ($22,284) | ($34,164) | ($42,641) | ($48,814) | ($51,983) | ($53,149) | ($52,311) | ($51,470) | ($49,625) | ($47,776) | ($45,824) | ($42,469) |
| Total Liabilities and Capital | $91,900 | $82,767 | $70,453 | $61,543 | $54,937 | $51,334 | $49,735 | $50,139 | $50,547 | $51,958 | $53,373 | $54,892 | $57,524 |
| Net Worth | ($8,100) | ($22,284) | ($34,164) | ($42,641) | ($48,814) | ($51,983) | ($53,149) | ($52,311) | ($51,470) | ($49,625) | ($47,776) | ($45,824) | ($42,468) |
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