Coaching Company
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 | |||||||||||||
Strategic Workshops | 0% | $0 | $0 | $3,000 | $3,500 | $5,000 | $7,500 | $7,500 | $7,500 | $7,500 | $7,500 | $7,500 | $7,500 |
One On One Coaching | 0% | $0 | $0 | $500 | $500 | $500 | $562 | $562 | $562 | $562 | $625 | $625 | $624 |
Coaching Club | 0% | $0 | $0 | $800 | $816 | $832 | $849 | $866 | $883 | $901 | $919 | $937 | $956 |
Special Projects | 0% | $235 | $250 | $150 | $150 | $250 | $250 | $300 | $300 | $300 | $300 | $300 | $300 |
Total Sales | $235 | $250 | $4,450 | $4,966 | $6,582 | $9,161 | $9,228 | $9,245 | $9,263 | $9,344 | $9,362 | $9,380 | |
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 | |
Royalties | $471 | $471 | $471 | $471 | $471 | $471 | $471 | $471 | $471 | $471 | $471 | $471 | |
Marketing | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | |
Subtotal Direct Cost of Sales | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 |
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 | ||
President | 0% | $0 | $2,000 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 |
Second salesperson/coach | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total People | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
Total Payroll | $0 | $2,000 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 |
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 | $235 | $250 | $4,450 | $4,966 | $6,582 | $9,161 | $9,228 | $9,245 | $9,263 | $9,344 | $9,362 | $9,380 | |
Direct Cost of Sales | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | |
Other Costs of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | $888 | |
Gross Margin | ($653) | ($638) | $3,562 | $4,078 | $5,694 | $8,273 | $8,340 | $8,357 | $8,375 | $8,456 | $8,474 | $8,492 | |
Gross Margin % | -277.87% | -255.13% | 80.05% | 82.12% | 86.51% | 90.31% | 90.38% | 90.40% | 90.42% | 90.50% | 90.52% | 90.53% | |
Expenses | |||||||||||||
Payroll | $0 | $2,000 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | |
Marketing/Promotion | $1,500 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Rent | $0 | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $830 | $830 | |
Utilities | $0 | $38 | $39 | $40 | $41 | $42 | $43 | $45 | $46 | $48 | $49 | $50 | |
Insurance | $0 | $84 | $85 | $86 | $87 | $87 | $88 | $89 | $90 | $91 | $92 | $93 | |
Payroll Taxes | 15% | $0 | $300 | $375 | $375 | $375 | $375 | $375 | $375 | $375 | $375 | $375 | $375 |
Moving Expenses | 15% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,000 | $0 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $1,500 | $2,797 | $3,373 | $3,375 | $3,378 | $3,380 | $3,382 | $3,384 | $3,386 | $3,388 | $5,146 | $4,148 | |
Profit Before Interest and Taxes | ($2,153) | ($3,434) | $189 | $703 | $2,317 | $4,894 | $4,958 | $4,973 | $4,989 | $5,068 | $3,329 | $4,344 | |
EBITDA | ($2,153) | ($3,434) | $189 | $703 | $2,317 | $4,894 | $4,958 | $4,973 | $4,989 | $5,068 | $3,329 | $4,344 | |
Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Taxes Incurred | ($646) | ($1,030) | $57 | $211 | $695 | $1,468 | $1,488 | $1,492 | $1,497 | $1,520 | $999 | $1,303 | |
Net Profit | ($1,507) | ($2,404) | $132 | $492 | $1,622 | $3,425 | $3,471 | $3,481 | $3,492 | $3,547 | $2,330 | $3,041 | |
Net Profit/Sales | -641.32% | -961.61% | 2.97% | 9.91% | 24.64% | 37.39% | 37.61% | 37.66% | 37.70% | 37.96% | 24.89% | 32.42% |
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 | $235 | $250 | $4,450 | $4,966 | $6,582 | $9,161 | $9,228 | $9,245 | $9,263 | $9,344 | $9,362 | $9,380 | |
Subtotal Cash from Operations | $235 | $250 | $4,450 | $4,966 | $6,582 | $9,161 | $9,228 | $9,245 | $9,263 | $9,344 | $9,362 | $9,380 | |
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 | $235 | $250 | $4,450 | $4,966 | $6,582 | $9,161 | $9,228 | $9,245 | $9,263 | $9,344 | $9,362 | $9,380 | |
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 | $1,742 | $2,654 | $4,318 | $4,474 | $4,960 | $5,736 | $5,757 | $5,764 | $5,771 | $5,797 | $7,032 | $6,339 | |
Subtotal Spent on Operations | $1,742 | $2,654 | $4,318 | $4,474 | $4,960 | $5,736 | $5,757 | $5,764 | $5,771 | $5,797 | $7,032 | $6,339 | |
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 | $1,742 | $2,654 | $4,318 | $4,474 | $4,960 | $5,736 | $5,757 | $5,764 | $5,771 | $5,797 | $7,032 | $6,339 | |
Net Cash Flow | ($1,507) | ($2,404) | $132 | $492 | $1,622 | $3,425 | $3,471 | $3,481 | $3,492 | $3,547 | $2,330 | $3,041 | |
Cash Balance | $7,443 | $5,039 | $5,171 | $5,663 | $7,285 | $10,710 | $14,181 | $17,662 | $21,155 | $24,702 | $27,032 | $30,073 |
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 | $8,950 | $7,443 | $5,039 | $5,171 | $5,663 | $7,285 | $10,710 | $14,181 | $17,662 | $21,155 | $24,702 | $27,032 | $30,073 |
Other Current Assets | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 |
Total Current Assets | $11,450 | $9,943 | $7,539 | $7,671 | $8,163 | $9,785 | $13,210 | $16,681 | $20,162 | $23,655 | $27,202 | $29,532 | $32,573 |
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 | $11,450 | $9,943 | $7,539 | $7,671 | $8,163 | $9,785 | $13,210 | $16,681 | $20,162 | $23,655 | $27,202 | $29,532 | $32,573 |
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 | |||||||||||||
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Paid-in Capital | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 | $33,700 |
Retained Earnings | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) | ($22,250) |
Earnings | $0 | ($1,507) | ($3,911) | ($3,779) | ($3,287) | ($1,665) | $1,760 | $5,231 | $8,712 | $12,205 | $15,752 | $18,082 | $21,123 |
Total Capital | $11,450 | $9,943 | $7,539 | $7,671 | $8,163 | $9,785 | $13,210 | $16,681 | $20,162 | $23,655 | $27,202 | $29,532 | $32,573 |
Total Liabilities and Capital | $11,450 | $9,943 | $7,539 | $7,671 | $8,163 | $9,785 | $13,210 | $16,681 | $20,162 | $23,655 | $27,202 | $29,532 | $32,573 |
Net Worth | $11,450 | $9,943 | $7,539 | $7,671 | $8,163 | $9,785 | $13,210 | $16,681 | $20,162 | $23,655 | $27,202 | $29,532 | $32,573 |