HeavyMetal Praise Records

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Music Recording Distribution 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
Online 0% $0 $0 $0 $0 $0 $3,000 $4,000 $6,000 $10,000 $13,000 $18,000 $30,000
In Store 0% $0 $0 $0 $0 $0 $3,000 $10,000 $12,000 $18,000 $25,000 $36,000 $50,000
Total Sales $0 $0 $0 $0 $0 $6,000 $14,000 $18,000 $28,000 $38,000 $54,000 $80,000
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
Online $0 $0 $0 $0 $0 $150 $200 $300 $500 $650 $900 $1,500
In Store $0 $0 $0 $0 $0 $150 $500 $600 $900 $1,250 $1,800 $2,500
Subtotal Direct Cost of Sales $0 $0 $0 $0 $0 $300 $700 $900 $1,400 $1,900 $2,700 $4,000
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
Owner 0% $0 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $3,000 $3,000 $3,000 $3,000 $3,000
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 $0 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $3,000 $3,000 $3,000 $3,000 $3,000
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 $0 $0 $6,000 $14,000 $18,000 $28,000 $38,000 $54,000 $80,000
Direct Cost of Sales $0 $0 $0 $0 $0 $300 $700 $900 $1,400 $1,900 $2,700 $4,000
Other Production Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Cost of Sales $0 $0 $0 $0 $0 $300 $700 $900 $1,400 $1,900 $2,700 $4,000
Gross Margin $0 $0 $0 $0 $0 $5,700 $13,300 $17,100 $26,600 $36,100 $51,300 $76,000
Gross Margin % 0.00% 0.00% 0.00% 0.00% 0.00% 95.00% 95.00% 95.00% 95.00% 95.00% 95.00% 95.00%
Expenses
Payroll $0 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $3,000 $3,000 $3,000 $3,000 $3,000
Sales and Marketing and Other Expenses $5,000 $5,000 $5,000 $5,000 $45,000 $22,000 $7,000 $7,000 $4,000 $3,000 $2,000 $32,000
Depreciation $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Leased Equipment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Utilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Insurance $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500
Rent $0 $0 $0 $0 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500
Payroll Taxes 15% $0 $300 $300 $300 $300 $300 $300 $450 $450 $450 $450 $450
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Operating Expenses $5,750 $8,050 $8,050 $8,050 $49,550 $26,550 $11,550 $12,700 $9,700 $8,700 $7,700 $37,700
Profit Before Interest and Taxes ($5,750) ($8,050) ($8,050) ($8,050) ($49,550) ($20,850) $1,750 $4,400 $16,900 $27,400 $43,600 $38,300
EBITDA ($5,500) ($7,800) ($7,800) ($7,800) ($49,300) ($20,600) $2,000 $4,650 $17,150 $27,650 $43,850 $38,550
Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxes Incurred ($1,725) ($2,415) ($2,415) ($2,415) ($14,865) ($6,255) $525 $1,320 $5,070 $8,220 $13,080 $11,490
Net Profit ($4,025) ($5,635) ($5,635) ($5,635) ($34,685) ($14,595) $1,225 $3,080 $11,830 $19,180 $30,520 $26,810
Net Profit/Sales 0.00% 0.00% 0.00% 0.00% 0.00% -243.25% 8.75% 17.11% 42.25% 50.47% 56.52% 33.51%
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 $4,200 $9,800 $12,600 $19,600 $26,600 $37,800 $56,000
Cash from Receivables $0 $0 $0 $0 $0 $0 $60 $1,880 $4,240 $5,500 $8,500 $11,560
Subtotal Cash from Operations $0 $0 $0 $0 $0 $4,200 $9,860 $14,480 $23,840 $32,100 $46,300 $67,560
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 $0 $0 $4,200 $9,860 $14,480 $23,840 $32,100 $46,300 $67,560
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 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $3,000 $3,000 $3,000 $3,000 $3,000
Bill Payments $126 $3,762 $3,385 $3,385 $4,353 $31,989 $18,771 $10,857 $11,823 $13,452 $16,286 $22,119
Subtotal Spent on Operations $126 $5,762 $5,385 $5,385 $6,353 $33,989 $20,771 $13,857 $14,823 $16,452 $19,286 $25,119
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 $126 $5,762 $5,385 $5,385 $6,353 $33,989 $20,771 $13,857 $14,823 $16,452 $19,286 $25,119
Net Cash Flow ($126) ($5,762) ($5,385) ($5,385) ($6,353) ($29,789) ($10,911) $624 $9,017 $15,648 $27,014 $42,441
Cash Balance $83,774 $78,012 $72,627 $67,242 $60,889 $31,100 $20,189 $20,813 $29,830 $45,478 $72,491 $114,933
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 $83,900 $83,774 $78,012 $72,627 $67,242 $60,889 $31,100 $20,189 $20,813 $29,830 $45,478 $72,491 $114,933
Accounts Receivable $0 $0 $0 $0 $0 $0 $1,800 $5,940 $9,460 $13,620 $19,520 $27,220 $39,660
Inventory $0 $0 $0 $0 $0 $0 $700 $1,000 $1,100 $1,540 $2,090 $2,970 $4,400
Other Current Assets $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Total Current Assets $98,900 $98,774 $93,012 $87,627 $82,242 $75,889 $48,600 $42,129 $46,373 $59,990 $82,088 $117,681 $173,993
Long-term Assets
Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Accumulated Depreciation $0 $250 $500 $750 $1,000 $1,250 $1,500 $1,750 $2,000 $2,250 $2,500 $2,750 $3,000
Total Long-term Assets $0 ($250) ($500) ($750) ($1,000) ($1,250) ($1,500) ($1,750) ($2,000) ($2,250) ($2,500) ($2,750) ($3,000)
Total Assets $98,900 $98,524 $92,512 $86,877 $81,242 $74,639 $47,100 $40,379 $44,373 $57,740 $79,588 $114,931 $170,993
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 $3,649 $3,272 $3,272 $3,272 $31,354 $18,410 $10,464 $11,378 $12,915 $15,583 $20,406 $49,658
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 $3,649 $3,272 $3,272 $3,272 $31,354 $18,410 $10,464 $11,378 $12,915 $15,583 $20,406 $49,658
Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Liabilities $0 $3,649 $3,272 $3,272 $3,272 $31,354 $18,410 $10,464 $11,378 $12,915 $15,583 $20,406 $49,658
Paid-in Capital $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000
Retained Earnings ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100) ($1,100)
Earnings $0 ($4,025) ($9,660) ($15,295) ($20,930) ($55,615) ($70,210) ($68,985) ($65,905) ($54,075) ($34,895) ($4,375) $22,435
Total Capital $98,900 $94,875 $89,240 $83,605 $77,970 $43,285 $28,690 $29,915 $32,995 $44,825 $64,005 $94,525 $121,335
Total Liabilities and Capital $98,900 $98,524 $92,512 $86,877 $81,242 $74,639 $47,100 $40,379 $44,373 $57,740 $79,588 $114,931 $170,993
Net Worth $98,900 $94,875 $89,240 $83,605 $77,970 $43,285 $28,690 $29,915 $32,995 $44,825 $64,005 $94,525 $121,335
HeavyMetal Praise Records music recording distribution business plan appendix. HeavyMetal Praise Records' mission is to introduce Christian HeavyMetal rock music to the young skateboarder target market, signing bands in this musical genre, and recording and selling CDs through e