Massage Tools massage products business plan appendix. Massage Tools Products Inc. sells massage tools to ease chronic overuse injuries and discomfort experienced by busy massage therapy professionals.

Massage Tools

Start your own business plan »

Massage Products Business Plan

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
Massage Tool 0% $1,062 $1,322 $1,966 $3,346 $5,664 $7,538 $8,206 $9,922 $11,040 $13,560 $14,066 $11,140
Massage Tool Deluxe 0% $1,886 $2,506 $2,502 $4,462 $6,352 $7,122 $7,346 $9,348 $11,520 $13,674 $14,290 $13,100
Total Sales $2,948 $3,828 $4,468 $7,808 $12,016 $14,660 $15,552 $19,270 $22,560 $27,234 $28,356 $24,240
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
Massage Tool $531 $661 $983 $1,673 $2,832 $3,769 $4,103 $4,961 $5,520 $6,780 $7,033 $5,570
Massage Tool Deluxe $754 $1,002 $1,001 $1,785 $2,541 $2,849 $2,938 $3,739 $4,608 $5,470 $5,716 $5,240
Subtotal Direct Cost of Sales $1,285 $1,663 $1,984 $3,458 $5,373 $6,618 $7,041 $8,700 $10,128 $12,250 $12,749 $10,810
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
Ron Tickman, President & Owner 0% $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100
Katherine Allen, Sales Rep 0% $100 $150 $200 $250 $300 $350 $400 $450 $500 $550 $600 $650
Other 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total People 0 0 0 0 0 0 0 0 0 0 0 0
Total Payroll $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750
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 $2,948 $3,828 $4,468 $7,808 $12,016 $14,660 $15,552 $19,270 $22,560 $27,234 $28,356 $24,240
Direct Cost of Sales $1,285 $1,663 $1,984 $3,458 $5,373 $6,618 $7,041 $8,700 $10,128 $12,250 $12,749 $10,810
Other Costs of Goods $0 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1
Total Cost of Sales $1,285 $1,664 $1,985 $3,459 $5,374 $6,619 $7,042 $8,701 $10,129 $12,251 $12,750 $10,811
Gross Margin $1,663 $2,164 $2,483 $4,349 $6,642 $8,041 $8,510 $10,569 $12,431 $14,983 $15,606 $13,429
Gross Margin % 56.40% 56.52% 55.58% 55.70% 55.28% 54.85% 54.72% 54.85% 55.10% 55.02% 55.04% 55.40%
Expenses
Payroll $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750
Sales and Marketing and Other Expenses $1,200 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600
Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Rent $850 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850
Utilities $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200
Insurance $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350
Payroll Taxes 15% $30 $38 $45 $53 $60 $68 $75 $83 $90 $98 $105 $113
Commission $147 $191 $223 $390 $601 $733 $778 $964 $1,128 $1,362 $1,418 $1,212
Total Operating Expenses $2,977 $2,479 $2,568 $2,793 $3,061 $3,251 $3,353 $3,596 $3,818 $4,109 $4,223 $4,075
Profit Before Interest and Taxes ($1,315) ($315) ($85) $1,556 $3,581 $4,791 $5,157 $6,973 $8,613 $10,874 $11,383 $9,355
EBITDA ($1,315) ($315) ($85) $1,556 $3,581 $4,791 $5,157 $6,973 $8,613 $10,874 $11,383 $9,355
Interest Expense ($2) ($4) ($6) ($8) ($10) ($13) ($15) ($17) ($19) ($21) ($23) ($25)
Taxes Incurred ($394) ($93) ($24) $469 $1,078 $1,441 $1,551 $2,097 $2,590 $3,269 $3,422 $2,814
Net Profit ($919) ($218) ($55) $1,095 $2,514 $3,362 $3,620 $4,893 $6,042 $7,627 $7,984 $6,566
Net Profit/Sales -31.17% -5.69% -1.24% 14.03% 20.92% 22.93% 23.28% 25.39% 26.78% 28.00% 28.16% 27.09%
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 $2,948 $3,828 $4,468 $7,808 $12,016 $14,660 $15,552 $19,270 $22,560 $27,234 $28,356 $24,240
Subtotal Cash from Operations $2,948 $3,828 $4,468 $7,808 $12,016 $14,660 $15,552 $19,270 $22,560 $27,234 $28,356 $24,240
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 $2,948 $3,828 $4,468 $7,808 $12,016 $14,660 $15,552 $19,270 $22,560 $27,234 $28,356 $24,240
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 $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750
Bill Payments $79 $2,373 $2,136 $2,401 $7,236 $11,242 $12,207 $12,023 $15,713 $17,615 $21,256 $20,040
Subtotal Spent on Operations $279 $2,623 $2,436 $2,751 $7,636 $11,692 $12,707 $12,573 $16,313 $18,265 $21,956 $20,790
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 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
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 $529 $2,873 $2,686 $3,001 $7,886 $11,942 $12,957 $12,823 $16,563 $18,515 $22,206 $21,040
Net Cash Flow $2,419 $955 $1,782 $4,807 $4,130 $2,718 $2,595 $6,447 $5,997 $8,719 $6,150 $3,200
Cash Balance $15,119 $16,073 $17,855 $22,662 $26,792 $29,510 $32,106 $38,553 $44,549 $53,268 $59,419 $62,619
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 $12,700 $15,119 $16,073 $17,855 $22,662 $26,792 $29,510 $32,106 $38,553 $44,549 $53,268 $59,419 $62,619
Inventory $8,000 $6,715 $5,051 $3,067 $3,804 $5,910 $7,280 $7,746 $9,570 $11,141 $13,475 $14,024 $11,891
Other Current Assets $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
Total Current Assets $25,700 $26,833 $26,125 $25,923 $31,466 $37,702 $41,790 $44,851 $53,123 $60,690 $71,743 $78,443 $79,510
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 $25,700 $26,833 $26,125 $25,923 $31,466 $37,702 $41,790 $44,851 $53,123 $60,690 $71,743 $78,443 $79,510
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 $2,302 $2,061 $2,165 $6,862 $10,835 $11,810 $11,501 $15,130 $16,905 $20,582 $19,547 $14,298
Current Borrowing $0 ($250) ($500) ($750) ($1,000) ($1,250) ($1,500) ($1,750) ($2,000) ($2,250) ($2,500) ($2,750) ($3,000)
Other Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Current Liabilities $0 $2,052 $1,561 $1,415 $5,862 $9,585 $10,310 $9,751 $13,130 $14,655 $18,082 $16,797 $11,298
Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Liabilities $0 $2,052 $1,561 $1,415 $5,862 $9,585 $10,310 $9,751 $13,130 $14,655 $18,082 $16,797 $11,298
Paid-in Capital $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $45,000
Retained Earnings ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300) ($19,300)
Earnings $0 ($919) ($1,137) ($1,192) ($97) $2,418 $5,780 $9,400 $14,293 $20,335 $27,961 $35,946 $42,511
Total Capital $25,700 $24,781 $24,563 $24,508 $25,603 $28,118 $31,480 $35,100 $39,993 $46,035 $53,661 $61,646 $68,211
Total Liabilities and Capital $25,700 $26,833 $26,125 $25,923 $31,466 $37,702 $41,790 $44,851 $53,123 $60,690 $71,743 $78,443 $79,510
Net Worth $25,700 $24,781 $24,563 $24,508 $25,603 $28,118 $31,480 $35,100 $39,993 $46,035 $53,661 $61,646 $68,211
Massage Tools massage products business plan appendix. Massage Tools Products Inc. sells massage tools to ease chronic overuse injuries and discomfort experienced by busy massage therapy professionals.