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Office Space Solutions
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 | |||||||||||||
Start-Ups | 0% | $600 | $1,002 | $1,150 | $1,288 | $1,322 | $1,534 | $1,544 | $1,722 | $1,900 | $2,245 | $2,599 | $2,700 |
Growing Businesses | 0% | $1,002 | $1,200 | $1,345 | $1,688 | $1,992 | $2,512 | $3,002 | $3,600 | $4,200 | $5,023 | $5,900 | $6,700 |
Total Sales | $1,602 | $2,202 | $2,495 | $2,976 | $3,314 | $4,046 | $4,546 | $5,322 | $6,100 | $7,268 | $8,499 | $9,400 | |
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 | |
Start-Ups | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Growing Businesses | $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 | ||
Owner | 0% | $2,000 | $2,000 | $2,000 | $2,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
Part-time assistant | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,000 | $1,000 | $1,000 |
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 | $2,000 | $2,000 | $2,000 | $2,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $4,000 | $4,000 | $4,000 |
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 | $1,602 | $2,202 | $2,495 | $2,976 | $3,314 | $4,046 | $4,546 | $5,322 | $6,100 | $7,268 | $8,499 | $9,400 | |
Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Other Production Expenses | $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 | $1,602 | $2,202 | $2,495 | $2,976 | $3,314 | $4,046 | $4,546 | $5,322 | $6,100 | $7,268 | $8,499 | $9,400 | |
Gross Margin % | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
Expenses | |||||||||||||
Payroll | $2,000 | $2,000 | $2,000 | $2,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $4,000 | $4,000 | $4,000 | |
Sales and Marketing and Other Expenses | $305 | $305 | $205 | $205 | $205 | $205 | $205 | $205 | $205 | $205 | $205 | $205 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Rent | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Payroll Taxes | 15% | $300 | $300 | $300 | $300 | $450 | $450 | $450 | $450 | $450 | $600 | $600 | $600 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $2,605 | $2,605 | $2,505 | $2,505 | $3,655 | $3,655 | $3,655 | $3,655 | $3,655 | $4,805 | $4,805 | $4,805 | |
Profit Before Interest and Taxes | ($1,003) | ($403) | ($10) | $471 | ($341) | $391 | $891 | $1,667 | $2,445 | $2,463 | $3,694 | $4,595 | |
EBITDA | ($1,003) | ($403) | ($10) | $471 | ($341) | $391 | $891 | $1,667 | $2,445 | $2,463 | $3,694 | $4,595 | |
Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Taxes Incurred | ($301) | ($121) | ($3) | $141 | ($102) | $117 | $267 | $500 | $734 | $739 | $1,108 | $1,379 | |
Net Profit | ($702) | ($282) | ($7) | $330 | ($239) | $274 | $624 | $1,167 | $1,712 | $1,724 | $2,586 | $3,217 | |
Net Profit/Sales | -43.83% | -12.81% | -0.28% | 11.08% | -7.20% | 6.76% | 13.72% | 21.93% | 28.06% | 23.72% | 30.42% | 34.22% |
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 | $881 | $1,211 | $1,372 | $1,637 | $1,823 | $2,225 | $2,500 | $2,927 | $3,355 | $3,997 | $4,674 | $5,170 | |
Cash from Receivables | $0 | $24 | $730 | $995 | $1,130 | $1,344 | $1,502 | $1,828 | $2,057 | $2,407 | $2,763 | $3,289 | |
Subtotal Cash from Operations | $881 | $1,235 | $2,102 | $2,632 | $2,953 | $3,570 | $4,003 | $4,755 | $5,412 | $6,404 | $7,437 | $8,459 | |
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 | $881 | $1,235 | $2,102 | $2,632 | $2,953 | $3,570 | $4,003 | $4,755 | $5,412 | $6,404 | $7,437 | $8,459 | |
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 | $2,000 | $2,000 | $2,000 | $2,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $4,000 | $4,000 | $4,000 | |
Bill Payments | $10 | $310 | $485 | $507 | $643 | $560 | $777 | $930 | $1,163 | $1,394 | $1,556 | $1,922 | |
Subtotal Spent on Operations | $2,010 | $2,310 | $2,485 | $2,507 | $3,643 | $3,560 | $3,777 | $3,930 | $4,163 | $5,394 | $5,556 | $5,922 | |
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 | $2,010 | $2,310 | $2,485 | $2,507 | $3,643 | $3,560 | $3,777 | $3,930 | $4,163 | $5,394 | $5,556 | $5,922 | |
Net Cash Flow | ($1,129) | ($1,075) | ($383) | $125 | ($691) | $10 | $225 | $825 | $1,249 | $1,010 | $1,881 | $2,537 | |
Cash Balance | $5,571 | $4,496 | $4,113 | $4,239 | $3,548 | $3,558 | $3,783 | $4,608 | $5,858 | $6,868 | $8,749 | $11,286 |
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 | $6,700 | $5,571 | $4,496 | $4,113 | $4,239 | $3,548 | $3,558 | $3,783 | $4,608 | $5,858 | $6,868 | $8,749 | $11,286 |
Accounts Receivable | $0 | $721 | $1,688 | $2,081 | $2,425 | $2,786 | $3,262 | $3,806 | $4,372 | $5,060 | $5,924 | $6,986 | $7,927 |
Other Current Assets | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
Total Current Assets | $8,700 | $8,292 | $8,184 | $8,194 | $8,663 | $8,334 | $8,820 | $9,589 | $10,981 | $12,918 | $14,792 | $17,735 | $21,213 |
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 | $8,700 | $8,292 | $8,184 | $8,194 | $8,663 | $8,334 | $8,820 | $9,589 | $10,981 | $12,918 | $14,792 | $17,735 | $21,213 |
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 | $294 | $468 | $485 | $625 | $534 | $747 | $892 | $1,117 | $1,342 | $1,492 | $1,849 | $2,111 |
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 | $294 | $468 | $485 | $625 | $534 | $747 | $892 | $1,117 | $1,342 | $1,492 | $1,849 | $2,111 |
Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Liabilities | $0 | $294 | $468 | $485 | $625 | $534 | $747 | $892 | $1,117 | $1,342 | $1,492 | $1,849 | $2,111 |
Paid-in Capital | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 |
Retained Earnings | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) | ($3,300) |
Earnings | $0 | ($702) | ($984) | ($991) | ($662) | ($900) | ($627) | ($3) | $1,164 | $2,876 | $4,600 | $7,186 | $10,402 |
Total Capital | $8,700 | $7,998 | $7,716 | $7,709 | $8,039 | $7,800 | $8,074 | $8,697 | $9,864 | $11,576 | $13,300 | $15,886 | $19,102 |
Total Liabilities and Capital | $8,700 | $8,292 | $8,184 | $8,194 | $8,663 | $8,334 | $8,820 | $9,589 | $10,981 | $12,918 | $14,792 | $17,735 | $21,213 |
Net Worth | $8,700 | $7,998 | $7,716 | $7,709 | $8,039 | $7,800 | $8,074 | $8,697 | $9,864 | $11,576 | $13,300 | $15,886 | $19,102 |