Bra~vo Intimates
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 | |||||||||||||
Intimate Apparel/Bras | 55% | $8,500 | $9,000 | $10,000 | $10,500 | $9,500 | $15,500 | $16,500 | $18,500 | $18,000 | $19,000 | $23,000 | $12,000 |
Shapewear | 55% | $3,000 | $4,500 | $4,500 | $4,500 | $2,500 | $4,500 | $5,500 | $5,500 | $6,500 | $3,500 | $2,000 | $1,500 |
Sleepwear/At Home wear | 60% | $7,500 | $9,500 | $10,000 | $12,500 | $3,000 | $9,500 | $9,500 | $9,500 | $10,000 | $8,500 | $3,000 | $2,500 |
Swimwear & Accessories | 60% | $0 | $0 | $5,000 | $6,500 | $4,500 | $9,500 | $10,500 | $12,500 | $10,500 | $8,500 | $2,500 | $1,000 |
Hosiery | 50% | $250 | $250 | $300 | $300 | $250 | $300 | $400 | $500 | $750 | $500 | $250 | $250 |
Other | 0% | $100 | $100 | $200 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $250 | $100 |
Total Sales | $19,350 | $23,350 | $30,000 | $34,400 | $19,850 | $39,400 | $42,500 | $46,600 | $45,850 | $40,100 | $31,000 | $17,350 | |
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 | |
Intimate Apparel/Bras | $3,825 | $4,050 | $4,500 | $4,725 | $4,275 | $6,975 | $7,425 | $8,325 | $8,100 | $8,550 | $10,350 | $5,400 | |
Shapewear | $1,200 | $1,800 | $1,800 | $1,800 | $1,000 | $1,800 | $2,200 | $2,200 | $2,600 | $1,400 | $800 | $600 | |
Sleepwear/At Home wear | $3,000 | $3,800 | $4,000 | $5,000 | $1,200 | $3,800 | $3,800 | $3,800 | $4,000 | $3,400 | $1,200 | $1,000 | |
Swimwear & Accessories | $0 | $0 | $2,000 | $2,600 | $1,800 | $3,800 | $4,200 | $5,000 | $4,200 | $3,400 | $1,000 | $400 | |
Hosiery | $125 | $125 | $150 | $150 | $125 | $150 | $200 | $250 | $375 | $250 | $125 | $125 | |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Direct Cost of Sales | $8,150 | $9,775 | $12,450 | $14,275 | $8,400 | $16,525 | $17,825 | $19,575 | $19,275 | $17,000 | $13,475 | $7,525 |
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 | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | |
Long-term Interest Rate | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | |
Tax Rate | 30.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
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 | $19,350 | $23,350 | $30,000 | $34,400 | $19,850 | $39,400 | $42,500 | $46,600 | $45,850 | $40,100 | $31,000 | $17,350 | |
Direct Cost of Sales | $8,150 | $9,775 | $12,450 | $14,275 | $8,400 | $16,525 | $17,825 | $19,575 | $19,275 | $17,000 | $13,475 | $7,525 | |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $8,150 | $9,775 | $12,450 | $14,275 | $8,400 | $16,525 | $17,825 | $19,575 | $19,275 | $17,000 | $13,475 | $7,525 | |
Gross Margin | $11,200 | $13,575 | $17,550 | $20,125 | $11,450 | $22,875 | $24,675 | $27,025 | $26,575 | $23,100 | $17,525 | $9,825 | |
Gross Margin % | 57.88% | 58.14% | 58.50% | 58.50% | 57.68% | 58.06% | 58.06% | 57.99% | 57.96% | 57.61% | 56.53% | 56.63% | |
Expenses | |||||||||||||
Payroll | $7,651 | $6,840 | $7,305 | $7,606 | $6,571 | $7,485 | $8,035 | $8,035 | $8,035 | $7,545 | $7,570 | $7,570 | |
Sales and Marketing and Other Expenses | $4,674 | $4,038 | $4,386 | $3,853 | $3,928 | $2,678 | $5,153 | $2,678 | $2,678 | $3,853 | $1,178 | $2,928 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Principle Loan Payment | $1,191 | $1,191 | $1,191 | $1,191 | $1,191 | $1,191 | $2,310 | $2,310 | $2,310 | $2,310 | $2,310 | $2,310 | |
Utilities | $425 | $425 | $450 | $475 | $475 | $475 | $475 | $475 | $425 | $425 | $475 | $475 | |
Telephone | $250 | $250 | $250 | $300 | $175 | $250 | $250 | $300 | $250 | $300 | $250 | $175 | |
Insurance | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | |
Bankcard Machine | $325 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Bankcard Processing fees | $452 | $545 | $700 | $803 | $463 | $919 | $992 | $1,087 | $1,070 | $936 | $723 | $405 | |
Bank Account fees | $0 | $0 | $0 | $12 | $12 | $12 | $12 | $12 | $12 | $12 | $12 | $12 | |
Business Supplies | $1,250 | $0 | $0 | $235 | $0 | $0 | $235 | $0 | $0 | $235 | $0 | $0 | |
Rent | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | $2,688 | |
Payroll Taxes | 12% | $918 | $821 | $877 | $913 | $789 | $898 | $964 | $964 | $964 | $905 | $908 | $908 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $20,524 | $17,498 | $18,547 | $18,775 | $16,992 | $17,297 | $21,814 | $19,250 | $19,132 | $19,909 | $16,815 | $18,171 | |
Profit Before Interest and Taxes | ($9,324) | ($3,923) | ($997) | $1,350 | ($5,542) | $5,578 | $2,861 | $7,775 | $7,443 | $3,191 | $710 | ($8,346) | |
EBITDA | ($9,324) | ($3,923) | ($997) | $1,350 | ($5,542) | $5,578 | $2,861 | $7,775 | $7,443 | $3,191 | $710 | ($8,346) | |
Interest Expense | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | $1,179 | |
Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Net Profit | ($10,503) | ($5,102) | ($2,176) | $171 | ($6,721) | $4,400 | $1,682 | $6,597 | $6,264 | $2,012 | ($469) | ($9,525) | |
Net Profit/Sales | -54.28% | -21.85% | -7.25% | 0.50% | -33.86% | 11.17% | 3.96% | 14.16% | 13.66% | 5.02% | -1.51% | -54.90% |
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 | $19,350 | $23,350 | $30,000 | $34,400 | $19,850 | $39,400 | $42,500 | $46,600 | $45,850 | $40,100 | $31,000 | $17,350 | |
Subtotal Cash from Operations | $19,350 | $23,350 | $30,000 | $34,400 | $19,850 | $39,400 | $42,500 | $46,600 | $45,850 | $40,100 | $31,000 | $17,350 | |
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 | $19,350 | $23,350 | $30,000 | $34,400 | $19,850 | $39,400 | $42,500 | $46,600 | $45,850 | $40,100 | $31,000 | $17,350 | |
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 | $7,651 | $6,840 | $7,305 | $7,606 | $6,571 | $7,485 | $8,035 | $8,035 | $8,035 | $7,545 | $7,570 | $7,570 | |
Bill Payments | $468 | $13,978 | $11,856 | $12,418 | $12,323 | $11,838 | $19,259 | $34,202 | $33,804 | $31,115 | $27,773 | $19,780 | |
Subtotal Spent on Operations | $8,119 | $20,818 | $19,161 | $20,024 | $18,894 | $19,323 | $27,294 | $42,237 | $41,839 | $38,660 | $35,343 | $27,350 | |
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 | $8,119 | $20,818 | $19,161 | $20,024 | $18,894 | $19,323 | $27,294 | $42,237 | $41,839 | $38,660 | $35,343 | $27,350 | |
Net Cash Flow | $11,231 | $2,532 | $10,839 | $14,376 | $956 | $20,077 | $15,206 | $4,363 | $4,011 | $1,440 | ($4,343) | ($10,000) | |
Cash Balance | $16,231 | $18,763 | $29,602 | $43,978 | $44,933 | $65,011 | $80,217 | $84,580 | $88,591 | $90,031 | $85,687 | $75,688 |
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 | $5,000 | $16,231 | $18,763 | $29,602 | $43,978 | $44,933 | $65,011 | $80,217 | $84,580 | $88,591 | $90,031 | $85,687 | $75,688 |
Inventory | $80,000 | $71,850 | $62,075 | $49,625 | $35,350 | $26,950 | $18,178 | $19,608 | $21,533 | $21,203 | $18,700 | $14,823 | $8,298 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $85,000 | $88,081 | $80,838 | $79,227 | $79,328 | $71,883 | $83,188 | $99,825 | $106,112 | $109,793 | $108,731 | $100,510 | $83,985 |
Long-term Assets | |||||||||||||
Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Accumulated Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Assets | $85,000 | $88,081 | $80,838 | $79,227 | $79,328 | $71,883 | $83,188 | $99,825 | $106,112 | $109,793 | $108,731 | $100,510 | $83,985 |
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 | $13,583 | $11,442 | $12,007 | $11,937 | $11,213 | $18,118 | $33,072 | $32,764 | $30,180 | $27,106 | $19,354 | $12,354 |
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 | $13,583 | $11,442 | $12,007 | $11,937 | $11,213 | $18,118 | $33,072 | $32,764 | $30,180 | $27,106 | $19,354 | $12,354 |
Long-term Liabilities | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 | $157,190 |
Total Liabilities | $157,190 | $170,773 | $168,632 | $169,197 | $169,127 | $168,403 | $175,308 | $190,262 | $189,954 | $187,370 | $184,296 | $176,544 | $169,544 |
Paid-in Capital | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 |
Retained Earnings | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) | ($111,190) |
Earnings | $0 | ($10,503) | ($15,604) | ($17,780) | ($17,609) | ($24,330) | ($19,930) | ($18,248) | ($11,651) | ($5,387) | ($3,375) | ($3,844) | ($13,369) |
Total Capital | ($72,190) | ($82,693) | ($87,794) | ($89,970) | ($89,799) | ($96,520) | ($92,120) | ($90,438) | ($83,841) | ($77,577) | ($75,565) | ($76,034) | ($85,559) |
Total Liabilities and Capital | $85,000 | $88,081 | $80,838 | $79,227 | $79,328 | $71,883 | $83,188 | $99,825 | $106,112 | $109,793 | $108,731 | $100,510 | $83,985 |
Net Worth | ($72,190) | ($82,693) | ($87,794) | ($89,970) | ($89,799) | ($96,520) | ($92,120) | ($90,438) | ($83,841) | ($77,577) | ($75,565) | ($76,034) | ($85,559) |
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 | ||
Rebecca Autumn–Full Time | 0% | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 | $3,550 |
Part Time Employee–18hrs.@$9.00 per hr. | 0% | $730 | $730 | $730 | $650 | $650 | $650 | $730 | $730 | $730 | $650 | $730 | $730 |
Part Time Employee–18hrs.@$9.00 per hr. | 0% | $0 | $0 | $0 | $0 | $0 | $650 | $730 | $730 | $730 | $650 | $730 | $730 |
Lucille Winters–Occasional | 0% | $1,096 | $285 | $285 | $426 | $96 | $285 | $285 | $285 | $285 | $285 | $285 | $285 |
Deborah Summers–3/4 Time | 0% | $2,275 | $2,275 | $2,500 | $2,500 | $2,275 | $2,275 | $2,500 | $2,500 | $2,500 | $2,275 | $2,275 | $2,275 |
Seasonal Part Time | 0% | $0 | $0 | $240 | $480 | $0 | $75 | $240 | $240 | $240 | $135 | $0 | $0 |
Total People | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | |
Total Payroll | $7,651 | $6,840 | $7,305 | $7,606 | $6,571 | $7,485 | $8,035 | $8,035 | $8,035 | $7,545 | $7,570 | $7,570 |