Don't bother with copy and paste.

Get this complete sample business plan as a free text document.

Download for free

Gifts icon Home Accessories and Gifts Business Plan

Start your plan

Start your own home accessories and gifts business plan

The Scarlet Tassel

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
Revenue 0% $8,000 $32,000 $46,000 $54,000 $58,000 $66,000 $71,000 $49,000 $61,000 $59,000 $41,000 $44,000
Other 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Sales $8,000 $32,000 $46,000 $54,000 $58,000 $66,000 $71,000 $49,000 $61,000 $59,000 $41,000 $44,000
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
Inventory $2,960 $11,840 $17,020 $19,980 $21,460 $24,420 $26,270 $18,130 $22,570 $21,830 $15,170 $16,280
Inbound Freight $640 $2,560 $3,680 $4,320 $4,640 $5,280 $5,680 $3,920 $4,880 $4,720 $3,280 $3,520
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Direct Cost of Sales $3,600 $14,400 $20,700 $24,300 $26,100 $29,700 $31,950 $22,050 $27,450 $26,550 $18,450 $19,800
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
Co-Owner/Manager–Merchandising & Marketing 0% $834 $834 $834 $834 $834 $1,667 $1,667 $2,500 $2,500 $3,334 $3,334 $3,334
Co-Owner/Manager–Operations & Finance 0% $834 $834 $834 $834 $834 $1,667 $1,667 $2,500 $2,500 $3,334 $3,334 $3,334
Full-Time Sales Associate / Manager Trainee 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
Full-Time Sales Associate 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Part-Time Sales Associate 0% $1,286 $1,329 $1,286 $1,329 $1,329 $1,286 $1,329 $1,286 $1,329 $1,329 $1,329 $1,329
Part-Time Sales Associate 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Part-Time Sales Associate / Holiday Temp 0% $0 $0 $0 $0 $0 $0 $1,196 $1,157 $1,196 $0 $0 $0
Total People 4 4 4 4 4 4 4 4 4 4 4 4
Total Payroll $5,454 $5,497 $5,454 $5,497 $5,497 $7,120 $8,359 $9,943 $10,025 $10,497 $10,497 $10,497

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 $8,000 $32,000 $46,000 $54,000 $58,000 $66,000 $71,000 $49,000 $61,000 $59,000 $41,000 $44,000
Subtotal Cash from Operations $8,000 $32,000 $46,000 $54,000 $58,000 $66,000 $71,000 $49,000 $61,000 $59,000 $41,000 $44,000
Additional Cash Received
Sales Tax, VAT, HST/GST Received 7.00% $560 $2,240 $3,220 $3,780 $4,060 $4,620 $4,970 $3,430 $4,270 $4,130 $2,870 $3,080
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 $8,560 $34,240 $49,220 $57,780 $62,060 $70,620 $75,970 $52,430 $65,270 $63,130 $43,870 $47,080
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 $20,364 $27,214 $50,703 $49,872 $54,110 $56,846 $62,008 $37,752 $59,818 $53,262 $38,113 $49,621
Bill Payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Spent on Operations $20,364 $27,214 $50,703 $49,872 $54,110 $56,846 $62,008 $37,752 $59,818 $53,262 $38,113 $49,621
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $560 $2,240 $3,220 $3,780 $4,060 $4,620 $4,970 $3,430 $4,270 $4,130 $2,870 $3,080
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 $1,203 $1,214 $1,225 $1,235 $1,246 $1,257 $1,268 $1,279 $1,290 $1,302 $1,313
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 $20,924 $30,657 $55,137 $54,877 $59,405 $62,712 $68,235 $42,451 $65,367 $58,682 $42,285 $54,014
Net Cash Flow ($12,364) $3,583 ($5,917) $2,903 $2,655 $7,908 $7,735 $9,979 ($97) $4,448 $1,585 ($6,934)
Cash Balance $15,734 $19,316 $13,400 $16,303 $18,958 $26,866 $34,601 $44,580 $44,484 $48,932 $50,517 $43,583

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 $8,000 $32,000 $46,000 $54,000 $58,000 $66,000 $71,000 $49,000 $61,000 $59,000 $41,000 $44,000
Direct Cost of Sales $3,600 $14,400 $20,700 $24,300 $26,100 $29,700 $31,950 $22,050 $27,450 $26,550 $18,450 $19,800
Other Production Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Cost of Sales $3,600 $14,400 $20,700 $24,300 $26,100 $29,700 $31,950 $22,050 $27,450 $26,550 $18,450 $19,800
Gross Margin $4,400 $17,600 $25,300 $29,700 $31,900 $36,300 $39,050 $26,950 $33,550 $32,450 $22,550 $24,200
Gross Margin % 55.00% 55.00% 55.00% 55.00% 55.00% 55.00% 55.00% 55.00% 55.00% 55.00% 55.00% 55.00%
Expenses
Payroll $5,454 $5,497 $5,454 $5,497 $5,497 $7,120 $8,359 $9,943 $10,025 $10,497 $10,497 $10,497
Travel $0 $1,000 $2,200 $0 $2,300 $0 $2,400 $0 $0 $0 $2,000 $0
Depreciation $1,644 $1,644 $1,644 $1,644 $1,644 $1,644 $1,644 $1,644 $1,644 $1,644 $1,644 $1,644
Dues & Subscriptions $122 $0 $0 $234 $0 $0 $175 $0 $0 $198 $0 $0
Entertainment $175 $0 $0 $175 $0 $0 $175 $0 $0 $175 $0 $0
Insurance $550 $182 $182 $182 $182 $182 $182 $182 $182 $182 $182 $182
Marketing and Advertising $2,225 $6,263 $2,763 $2,763 $4,763 $2,763 $2,763 $3,263 $2,763 $2,763 $2,763 $3,263
Merchant Fees 3% $160 $640 $920 $1,080 $1,160 $1,320 $1,420 $980 $1,220 $1,180 $820 $880
Miscellaneous $111 $111 $111 $233 $681 $111 $233 $111 $111 $233 $111 $111
Outbound Freight $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50
Rent $8,166 $8,166 $8,166 $8,166 $8,166 $8,166 $8,166 $8,166 $8,166 $8,166 $8,166 $8,166
Repairs & Maintenance $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50
Supplies–Office, POS, Giftwrap, Packaging $170 $179 $187 $197 $207 $217 $228 $239 $251 $264 $277 $291
Taxes–Other and Licenses $120 $0 $0 $0 $0 $0 $0 $0 $0 $275 $0 $1,200
Telephone and Utilities $843 $843 $843 $843 $843 $843 $843 $843 $843 $843 $843 $843
Payroll Taxes 15% $818 $825 $818 $825 $825 $1,068 $1,254 $1,491 $1,504 $1,575 $1,575 $1,575
Other $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300
Total Operating Expenses $20,958 $25,748 $23,688 $22,238 $26,667 $23,833 $28,241 $27,262 $27,108 $28,394 $29,277 $29,051
Profit Before Interest and Taxes ($16,558) ($8,148) $1,612 $7,462 $5,233 $12,467 $10,809 ($312) $6,442 $4,056 ($6,727) ($4,851)
EBITDA ($14,914) ($6,505) $3,256 $9,106 $6,877 $14,111 $12,453 $1,332 $8,086 $5,700 ($5,083) ($3,207)
Interest Expense $1,050 $1,039 $1,029 $1,018 $1,007 $996 $985 $974 $963 $952 $940 $929
Taxes Incurred $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Net Profit ($17,608) ($9,188) $583 $6,444 $4,226 $11,470 $9,824 ($1,286) $5,479 $3,105 ($7,667) ($5,780)
Net Profit/Sales -220.10% -28.71% 1.27% 11.93% 7.29% 17.38% 13.84% -2.63% 8.98% 5.26% -18.70% -13.14%

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 $28,098 $15,734 $19,316 $13,400 $16,303 $18,958 $26,866 $34,601 $44,580 $44,484 $48,932 $50,517 $43,583
Inventory $31,770 $28,170 $15,840 $22,770 $26,730 $28,710 $32,670 $35,145 $24,255 $30,195 $29,205 $20,295 $21,780
Other Current Assets $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000
Total Current Assets $62,868 $46,904 $38,156 $39,170 $46,033 $50,668 $62,536 $72,746 $71,835 $77,679 $81,137 $73,812 $68,363
Long-term Assets
Long-term Assets $83,775 $83,775 $83,775 $83,775 $83,775 $83,775 $83,775 $83,775 $83,775 $83,775 $83,775 $83,775 $83,775
Accumulated Depreciation $0 $1,644 $3,288 $4,932 $6,575 $8,219 $9,863 $11,507 $13,151 $14,795 $16,438 $18,082 $19,726
Total Long-term Assets $83,775 $82,131 $80,487 $78,843 $77,200 $75,556 $73,912 $72,268 $70,624 $68,980 $67,337 $65,693 $64,049
Total Assets $146,643 $129,035 $118,644 $118,013 $123,233 $126,223 $136,447 $145,014 $142,460 $146,659 $148,473 $139,504 $132,412
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 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Long-term Liabilities $120,000 $120,000 $118,797 $117,583 $116,358 $115,123 $113,876 $112,619 $111,351 $110,072 $108,782 $107,480 $106,167
Total Liabilities $120,000 $120,000 $118,797 $117,583 $116,358 $115,123 $113,876 $112,619 $111,351 $110,072 $108,782 $107,480 $106,167
Paid-in Capital $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000
Retained Earnings ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357) ($23,357)
Earnings $0 ($17,608) ($26,796) ($26,213) ($19,768) ($15,542) ($4,072) $5,752 $4,465 $9,944 $13,049 $5,381 ($398)
Total Capital $26,643 $9,035 ($153) $430 $6,875 $11,101 $22,571 $32,395 $31,108 $36,587 $39,692 $32,024 $26,245
Total Liabilities and Capital $146,643 $129,035 $118,644 $118,013 $123,233 $126,223 $136,447 $145,014 $142,460 $146,659 $148,473 $139,504 $132,412
Net Worth $26,643 $9,035 ($153) $430 $6,875 $11,101 $22,571 $32,395 $31,108 $36,587 $39,692 $32,024 $26,245