QuickReturns
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 | ||
| Unit Sales | |||||||||||||
| Technology Integration Fee (one-time) | 0% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Annual Membership Fee | 0% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return Processing Fees | 0% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,618 | 13,236 | 19,854 | 26,472 |
| Product Exchange Fees | 0% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,309 | 3,309 | 3,309 | 3,309 |
| Total Unit Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,928 | 16,546 | 23,164 | 29,782 | |
| Unit Prices | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Technology Integration Fee (one-time) | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | $60,000.00 | |
| Annual Membership Fee | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Return Processing Fees | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | $2.50 | |
| Product Exchange Fees | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | $2.10 | |
| Sales | |||||||||||||
| Technology Integration Fee (one-time) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $60,000 | $60,000 | $60,000 | $60,000 | |
| Annual Membership Fee | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Return Processing Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,545 | $33,090 | $49,635 | $66,180 | |
| Product Exchange Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,949 | $6,949 | $6,949 | $6,949 | |
| Total Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $83,494 | $100,039 | $116,584 | $133,129 | |
| Direct Unit Costs | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Technology Integration Fee (one-time) | 0.00% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Annual Membership Fee | 0.00% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Return Processing Fees | 0.00% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Product Exchange Fees | 0.00% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Direct Cost of Sales | |||||||||||||
| Technology Integration Fee (one-time) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Annual Membership Fee | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Return Processing Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Product Exchange Fees | $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 | ||
| Managers | 0% | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 | $57,833 |
| Administrative personnel | 0% | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 | $23,133 |
| Technical personnel | 0% | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 | $34,700 |
| Total People | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | |
| Total Payroll | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $83,494 | $100,039 | $116,584 | $133,129 | |
| Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $83,494 | $100,039 | $116,584 | $133,129 | |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
| Expenses | |||||||||||||
| Payroll | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | |
| Sales and Marketing and Other Expenses | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | $136,458 | |
| Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Telephone | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
| Software and Web site development | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | $64,750 | |
| Office supplies and subscriptions | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | $6,867 | |
| Rent | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | $2,900 | |
| Legal & Accounting | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | $4,663 | |
| Equipment Rental | $21,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | |
| Utilities | $580 | $580 | $580 | $580 | $580 | $580 | $580 | $580 | $580 | $580 | $580 | $580 | |
| Payroll Taxes | 15% | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 | $17,350 |
| Hardware & Maintenance | 15% | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 | $26,875 |
| Other | $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 Operating Expenses | $418,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | |
| Profit Before Interest and Taxes | ($418,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($332,615) | ($316,070) | ($299,525) | ($282,980) | |
| EBITDA | ($418,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($332,615) | ($316,070) | ($299,525) | ($282,980) | |
| 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 | ($418,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($332,615) | ($316,070) | ($299,525) | ($282,980) | |
| Net Profit/Sales | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -398.37% | -315.95% | -256.92% | -212.56% | |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Cash from Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,783 | $84,045 | $100,590 | |
| Subtotal Cash from Operations | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,783 | $84,045 | $100,590 | |
| 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 | $2,000,000 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,000,000 | $0 | $2,783 | $84,045 | $100,590 | |
| 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 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | $115,666 | |
| Bill Payments | $10,081 | $302,376 | $300,443 | $300,443 | $300,443 | $300,443 | $300,443 | $300,443 | $300,443 | $300,443 | $300,443 | $300,443 | |
| Subtotal Spent on Operations | $125,747 | $418,042 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | |
| 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 | $125,747 | $418,042 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | $416,109 | |
| Net Cash Flow | ($125,747) | ($418,042) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | ($416,109) | $1,583,891 | ($416,109) | ($413,326) | ($332,064) | ($315,519) | |
| Cash Balance | $3,424,253 | $3,006,210 | $2,590,101 | $2,173,993 | $1,757,884 | $1,341,775 | $925,666 | $2,509,557 | $2,093,448 | $1,680,122 | $1,348,059 | $1,032,540 | |
| 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 | $3,550,000 | $3,424,253 | $3,006,210 | $2,590,101 | $2,173,993 | $1,757,884 | $1,341,775 | $925,666 | $2,509,557 | $2,093,448 | $1,680,122 | $1,348,059 | $1,032,540 |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $83,494 | $180,750 | $213,288 | $245,827 |
| Other Current Assets | $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 |
| Total Current Assets | $3,600,000 | $3,474,253 | $3,056,210 | $2,640,101 | $2,223,993 | $1,807,884 | $1,391,775 | $975,666 | $2,559,557 | $2,226,942 | $1,910,872 | $1,611,347 | $1,328,367 |
| 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 | $3,600,000 | $3,474,253 | $3,056,210 | $2,640,101 | $2,223,993 | $1,807,884 | $1,391,775 | $975,666 | $2,559,557 | $2,226,942 | $1,910,872 | $1,611,347 | $1,328,367 |
| 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 | $292,361 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 |
| 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 | $292,361 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 |
| Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $0 | $292,361 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 | $290,428 |
| Paid-in Capital | $3,750,000 | $3,750,000 | $3,750,000 | $3,750,000 | $3,750,000 | $3,750,000 | $3,750,000 | $3,750,000 | $5,750,000 | $5,750,000 | $5,750,000 | $5,750,000 | $5,750,000 |
| Retained Earnings | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) | ($150,000) |
| Earnings | $0 | ($418,109) | ($834,218) | ($1,250,327) | ($1,666,436) | ($2,082,545) | ($2,498,653) | ($2,914,762) | ($3,330,871) | ($3,663,486) | ($3,979,556) | ($4,279,081) | ($4,562,061) |
| Total Capital | $3,600,000 | $3,181,891 | $2,765,782 | $2,349,673 | $1,933,564 | $1,517,456 | $1,101,347 | $685,238 | $2,269,129 | $1,936,514 | $1,620,444 | $1,320,919 | $1,037,939 |
| Total Liabilities and Capital | $3,600,000 | $3,474,253 | $3,056,210 | $2,640,101 | $2,223,993 | $1,807,884 | $1,391,775 | $975,666 | $2,559,557 | $2,226,942 | $1,910,872 | $1,611,347 | $1,328,367 |
| Net Worth | $3,600,000 | $3,181,891 | $2,765,782 | $2,349,673 | $1,933,564 | $1,517,456 | $1,101,347 | $685,238 | $2,269,129 | $1,936,514 | $1,620,444 | $1,320,919 | $1,037,939 |
By 
