Earthly Clean
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 | |||||||||||||
Individuals | 0% | $0 | $0 | $0 | $500 | $625 | $850 | $1,200 | $1,650 | $2,100 | $2,400 | $2,650 | $3,230 |
Distributors | 0% | $0 | $0 | $0 | $0 | $200 | $272 | $384 | $528 | $672 | $768 | $848 | $1,034 |
Total Sales | $0 | $0 | $0 | $500 | $825 | $1,122 | $1,584 | $2,178 | $2,772 | $3,168 | $3,498 | $4,264 | |
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 | |
Individuals | $0 | $0 | $0 | $150 | $188 | $255 | $360 | $495 | $630 | $720 | $795 | $969 | |
Distributors | $0 | $0 | $0 | $0 | $60 | $82 | $115 | $158 | $202 | $230 | $254 | $310 | |
Subtotal Direct Cost of Sales | $0 | $0 | $0 | $150 | $248 | $337 | $475 | $653 | $832 | $950 | $1,049 | $1,279 |
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 | ||
Devon | 0% | $0 | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total People | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
Total Payroll | $0 | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
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 | $0 | $0 | $0 | $500 | $825 | $1,122 | $1,584 | $2,178 | $2,772 | $3,168 | $3,498 | $4,264 | |
Direct Cost of Sales | $0 | $0 | $0 | $150 | $248 | $337 | $475 | $653 | $832 | $950 | $1,049 | $1,279 | |
Other Costs of Goods | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $0 | $0 | $0 | $150 | $248 | $337 | $475 | $653 | $832 | $950 | $1,049 | $1,279 | |
Gross Margin | $0 | $0 | $0 | $350 | $578 | $785 | $1,109 | $1,525 | $1,940 | $2,218 | $2,449 | $2,985 | |
Gross Margin % | 0.00% | 0.00% | 0.00% | 70.00% | 70.00% | 70.00% | 70.00% | 70.00% | 70.00% | 70.00% | 70.00% | 70.00% | |
Expenses | |||||||||||||
Payroll | $0 | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | |
Sales and Marketing and Other Expenses | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
Depreciation | $83 | $83 | $83 | $83 | $83 | $83 | $83 | $83 | $83 | $83 | $83 | $83 | |
Rent | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
Utilities | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | $55 | |
Insurance | 15% | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $75 | $75 |
Payroll Taxes | 15% | $0 | $0 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 |
Total Operating Expenses | $563 | $563 | $2,863 | $2,863 | $2,863 | $2,863 | $2,863 | $2,863 | $2,863 | $2,863 | $2,863 | $2,863 | |
Profit Before Interest and Taxes | ($563) | ($563) | ($2,863) | ($2,513) | ($2,286) | ($2,078) | ($1,754) | ($1,338) | ($923) | ($645) | ($414) | $122 | |
EBITDA | ($480) | ($480) | ($2,780) | ($2,430) | ($2,203) | ($1,995) | ($1,671) | ($1,255) | ($840) | ($562) | ($331) | $205 | |
Interest Expense | $165 | $164 | $163 | $162 | $160 | $159 | $158 | $157 | $155 | $154 | $153 | $152 | |
Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Net Profit | ($728) | ($727) | ($3,026) | ($2,675) | ($2,446) | ($2,237) | ($1,912) | ($1,495) | ($1,078) | ($800) | ($567) | ($30) | |
Net Profit/Sales | 0.00% | 0.00% | 0.00% | -534.93% | -296.47% | -199.36% | -120.71% | -68.64% | -38.89% | -25.24% | -16.22% | -0.71% |
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 | $125 | $206 | $281 | $396 | $545 | $693 | $792 | $875 | $1,066 | |
Cash from Receivables | $0 | $0 | $0 | $0 | $13 | $383 | $626 | $853 | $1,203 | $1,648 | $2,089 | $2,384 | |
Subtotal Cash from Operations | $0 | $0 | $0 | $125 | $219 | $664 | $1,022 | $1,398 | $1,896 | $2,440 | $2,963 | $3,450 | |
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 | $0 | $0 | $0 | $125 | $219 | $664 | $1,022 | $1,398 | $1,896 | $2,440 | $2,963 | $3,450 | |
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 | $0 | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | |
Bill Payments | $22 | $645 | $654 | $948 | $1,095 | $1,191 | $1,280 | $1,419 | $1,596 | $1,771 | $1,888 | $1,990 | |
Subtotal Spent on Operations | $22 | $645 | $2,654 | $2,948 | $3,095 | $3,191 | $3,280 | $3,419 | $3,596 | $3,771 | $3,888 | $3,990 | |
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 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
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 | $172 | $795 | $2,804 | $3,098 | $3,245 | $3,341 | $3,430 | $3,569 | $3,746 | $3,921 | $4,038 | $4,140 | |
Net Cash Flow | ($172) | ($795) | ($2,804) | ($2,973) | ($3,026) | ($2,677) | ($2,408) | ($2,171) | ($1,850) | ($1,481) | ($1,074) | ($690) | |
Cash Balance | $35,688 | $34,893 | $32,089 | $29,116 | $26,090 | $23,413 | $21,005 | $18,833 | $16,983 | $15,502 | $14,428 | $13,738 |
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 | $35,860 | $35,688 | $34,893 | $32,089 | $29,116 | $26,090 | $23,413 | $21,005 | $18,833 | $16,983 | $15,502 | $14,428 | $13,738 |
Accounts Receivable | $0 | $0 | $0 | $0 | $375 | $981 | $1,440 | $2,001 | $2,782 | $3,658 | $4,386 | $4,920 | $5,734 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $35,860 | $35,688 | $34,893 | $32,089 | $29,491 | $27,071 | $24,852 | $23,006 | $21,615 | $20,641 | $19,888 | $19,348 | $19,472 |
Long-term Assets | |||||||||||||
Long-term 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 |
Accumulated Depreciation | $0 | $83 | $166 | $249 | $332 | $415 | $498 | $581 | $664 | $747 | $830 | $913 | $996 |
Total Long-term Assets | $5,000 | $4,917 | $4,834 | $4,751 | $4,668 | $4,585 | $4,502 | $4,419 | $4,336 | $4,253 | $4,170 | $4,087 | $4,004 |
Total Assets | $40,860 | $40,605 | $39,727 | $36,840 | $34,159 | $31,656 | $29,354 | $27,425 | $25,951 | $24,894 | $24,058 | $23,435 | $23,476 |
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 | $624 | $623 | $911 | $1,055 | $1,148 | $1,233 | $1,366 | $1,537 | $1,708 | $1,822 | $1,916 | $2,137 |
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 | $624 | $623 | $911 | $1,055 | $1,148 | $1,233 | $1,366 | $1,537 | $1,708 | $1,822 | $1,916 | $2,137 |
Long-term Liabilities | $20,000 | $19,850 | $19,700 | $19,550 | $19,400 | $19,250 | $19,100 | $18,950 | $18,800 | $18,650 | $18,500 | $18,350 | $18,200 |
Total Liabilities | $20,000 | $20,474 | $20,323 | $20,461 | $20,455 | $20,398 | $20,333 | $20,316 | $20,337 | $20,358 | $20,322 | $20,266 | $20,337 |
Paid-in Capital | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 |
Retained Earnings | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) | ($9,140) |
Earnings | $0 | ($728) | ($1,456) | ($4,482) | ($7,156) | ($9,602) | ($11,839) | ($13,751) | ($15,246) | ($16,324) | ($17,124) | ($17,691) | ($17,721) |
Total Capital | $20,860 | $20,132 | $19,404 | $16,379 | $13,704 | $11,258 | $9,021 | $7,109 | $5,614 | $4,536 | $3,736 | $3,169 | $3,139 |
Total Liabilities and Capital | $40,860 | $40,605 | $39,727 | $36,840 | $34,159 | $31,656 | $29,354 | $27,425 | $25,951 | $24,894 | $24,058 | $23,435 | $23,476 |
Net Worth | $20,860 | $20,132 | $19,404 | $16,379 | $13,704 | $11,258 | $9,021 | $7,109 | $5,614 | $4,536 | $3,736 | $3,169 | $3,139 |