Tall Drink of Water
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 | |||||||||||||
Basic small feeder | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Basic medium feeder | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Basic large feeder | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Basic extra large feeder | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Custom low-end feeder | 0% | $0 | $0 | $0 | $0 | $1,200 | $1,200 | $2,400 | $1,200 | $4,800 | $8,400 | $9,600 | $12,000 |
Custom medium feeder | 0% | $0 | $0 | $0 | $0 | $0 | $2,500 | $2,500 | $7,500 | $2,500 | $5,000 | $10,000 | $15,000 |
Custom high-end feeder | 0% | $0 | $0 | $0 | $0 | $0 | $4,000 | $8,000 | $4,000 | $4,000 | $2,000 | $16,000 | $20,000 |
Total Sales | $0 | $0 | $0 | $0 | $1,200 | $7,700 | $12,900 | $12,700 | $11,300 | $15,400 | $35,600 | $47,000 | |
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 | |
Basic small feeder | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Basic medium feeder | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Basic large feeder | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Basic extra large feeder | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Custom low-end feeder | $0 | $0 | $0 | $0 | $500 | $500 | $1,000 | $500 | $2,000 | $3,500 | $4,000 | $5,000 | |
Custom medium feeder | $0 | $0 | $0 | $0 | $0 | $600 | $1,200 | $1,800 | $600 | $1,200 | $2,400 | $3,600 | |
Custom high-end feeder | $0 | $0 | $0 | $0 | $0 | $700 | $1,400 | $700 | $700 | $1,400 | $2,800 | $3,500 | |
Subtotal Direct Cost of Sales | $0 | $0 | $0 | $0 | $500 | $1,800 | $3,600 | $3,000 | $3,300 | $6,100 | $9,200 | $12,100 |
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 | ||
TL McClendon | 0% | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 |
Part-time Sales Rep | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Inventory/Office Mgmt. | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,085 | $2,085 | $2,085 | $2,085 | $2,085 |
Total People | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | |
Total Payroll | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $4,485 | $4,485 | $4,485 | $4,485 | $4,485 |
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 | $1,200 | $7,700 | $12,900 | $12,700 | $11,300 | $15,400 | $35,600 | $47,000 | |
Direct Cost of Sales | $0 | $0 | $0 | $0 | $500 | $1,800 | $3,600 | $3,000 | $3,300 | $6,100 | $9,200 | $12,100 | |
Other Costs of Goods | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $0 | $0 | $0 | $0 | $500 | $1,800 | $3,600 | $3,000 | $3,300 | $6,100 | $9,200 | $12,100 | |
Gross Margin | $0 | $0 | $0 | $0 | $700 | $5,900 | $9,300 | $9,700 | $8,000 | $9,300 | $26,400 | $34,900 | |
Gross Margin % | 0.00% | 0.00% | 0.00% | 0.00% | 58.33% | 76.62% | 72.09% | 76.38% | 70.80% | 60.39% | 74.16% | 74.26% | |
Expenses | |||||||||||||
Payroll | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $4,485 | $4,485 | $4,485 | $4,485 | $4,485 | |
Sales and Marketing and Other Expenses | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | $417 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Rent | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | $1,700 | |
Utilities | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
Insurance | $20 | $20 | $20 | $20 | $20 | $20 | $20 | $20 | $20 | $20 | $20 | $20 | |
Payroll Taxes | 15% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Web site management | $0 | $0 | $0 | $0 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | |
Business travel | 15% | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 |
Miscellaneous | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
Total Operating Expenses | $5,437 | $5,437 | $5,437 | $5,437 | $6,237 | $6,237 | $6,237 | $8,322 | $8,322 | $8,322 | $8,322 | $8,322 | |
Profit Before Interest and Taxes | ($5,437) | ($5,437) | ($5,437) | ($5,437) | ($5,537) | ($337) | $3,064 | $1,379 | ($322) | $979 | $18,079 | $26,579 | |
EBITDA | ($5,437) | ($5,437) | ($5,437) | ($5,437) | ($5,537) | ($337) | $3,064 | $1,379 | ($322) | $979 | $18,079 | $26,579 | |
Interest Expense | $410 | $403 | $396 | $389 | $382 | $375 | $368 | $361 | $354 | $348 | $341 | $334 | |
Taxes Incurred | ($1,754) | ($1,752) | ($1,750) | ($1,748) | ($1,776) | ($214) | $809 | $305 | ($203) | $189 | $5,321 | $7,873 | |
Net Profit | ($4,092) | ($4,088) | ($4,083) | ($4,078) | ($4,143) | ($498) | $1,887 | $712 | ($473) | $442 | $12,417 | $18,371 | |
Net Profit/Sales | 0.00% | 0.00% | 0.00% | 0.00% | -345.25% | -6.47% | 14.63% | 5.61% | -4.19% | 2.87% | 34.88% | 39.09% |
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 | $0 | $0 | $0 | $0 | $300 | $1,925 | $3,225 | $3,175 | $2,825 | $3,850 | $8,900 | $11,750 | |
Cash from Receivables | $0 | $0 | $0 | $0 | $0 | $30 | $1,063 | $5,905 | $9,670 | $9,490 | $8,578 | $12,055 | |
Subtotal Cash from Operations | $0 | $0 | $0 | $0 | $300 | $1,955 | $4,288 | $9,080 | $12,495 | $13,340 | $17,478 | $23,805 | |
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 | $50,000 | $0 | $0 | $0 | $25,000 | $0 | $0 | $0 | |
Subtotal Cash Received | $0 | $0 | $0 | $0 | $50,300 | $1,955 | $4,288 | $9,080 | $37,495 | $13,340 | $17,478 | $23,805 | |
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 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $4,485 | $4,485 | $4,485 | $4,485 | $4,485 | |
Bill Payments | $56 | $1,692 | $1,687 | $1,683 | $1,803 | $5,495 | $7,032 | $7,996 | $7,486 | $7,201 | $13,674 | $22,283 | |
Subtotal Spent on Operations | $2,456 | $4,092 | $4,087 | $4,083 | $4,203 | $7,895 | $9,432 | $12,481 | $11,971 | $11,686 | $18,159 | $26,768 | |
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 | $830 | $830 | $830 | $830 | $830 | $830 | $830 | $830 | $830 | $830 | $830 | $830 | |
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 | $3,286 | $4,922 | $4,917 | $4,913 | $5,033 | $8,725 | $10,262 | $13,311 | $12,801 | $12,516 | $18,989 | $27,598 | |
Net Cash Flow | ($3,286) | ($4,922) | ($4,917) | ($4,913) | $45,267 | ($6,770) | ($5,975) | ($4,231) | $24,694 | $824 | ($1,512) | ($3,793) | |
Cash Balance | $36,714 | $31,791 | $26,874 | $21,961 | $67,228 | $60,458 | $54,484 | $50,252 | $74,947 | $75,770 | $74,259 | $70,466 |
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 | $40,000 | $36,714 | $31,791 | $26,874 | $21,961 | $67,228 | $60,458 | $54,484 | $50,252 | $74,947 | $75,770 | $74,259 | $70,466 |
Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $900 | $6,645 | $15,258 | $18,878 | $17,683 | $19,743 | $37,865 | $61,060 |
Inventory | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $3,500 | $4,700 | $4,100 | $4,100 | $3,800 | $6,710 | $10,120 | $13,310 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $41,000 | $37,714 | $32,791 | $27,874 | $22,961 | $71,628 | $71,803 | $73,841 | $73,230 | $96,429 | $102,223 | $122,244 | $144,836 |
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 | $41,000 | $37,714 | $32,791 | $27,874 | $22,961 | $71,628 | $71,803 | $73,841 | $73,230 | $96,429 | $102,223 | $122,244 | $144,836 |
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 | $1,636 | $1,631 | $1,627 | $1,622 | $5,262 | $6,765 | $7,746 | $7,253 | $6,755 | $12,937 | $21,372 | $26,422 |
Current Borrowing | $50,000 | $49,170 | $48,340 | $47,510 | $46,680 | $45,850 | $45,020 | $44,190 | $43,360 | $42,530 | $41,700 | $40,870 | $40,040 |
Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Subtotal Current Liabilities | $50,000 | $50,806 | $49,971 | $49,137 | $48,302 | $51,112 | $51,785 | $51,936 | $50,613 | $49,285 | $54,637 | $62,242 | $66,462 |
Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Liabilities | $50,000 | $50,806 | $49,971 | $49,137 | $48,302 | $51,112 | $51,785 | $51,936 | $50,613 | $49,285 | $54,637 | $62,242 | $66,462 |
Paid-in Capital | $22,200 | $22,200 | $22,200 | $22,200 | $22,200 | $72,200 | $72,200 | $72,200 | $72,200 | $97,200 | $97,200 | $97,200 | $97,200 |
Retained Earnings | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) | ($31,200) |
Earnings | $0 | ($4,092) | ($8,180) | ($12,263) | ($16,340) | ($20,483) | ($20,982) | ($19,095) | ($18,383) | ($18,856) | ($18,414) | ($5,998) | $12,374 |
Total Capital | ($9,000) | ($13,092) | ($17,180) | ($21,263) | ($25,340) | $20,517 | $20,018 | $21,905 | $22,617 | $47,144 | $47,586 | $60,002 | $78,374 |
Total Liabilities and Capital | $41,000 | $37,714 | $32,791 | $27,874 | $22,961 | $71,628 | $71,803 | $73,841 | $73,230 | $96,429 | $102,223 | $122,244 | $144,836 |
Net Worth | ($9,000) | ($13,092) | ($17,180) | ($21,263) | ($25,340) | $20,517 | $20,018 | $21,905 | $22,617 | $47,144 | $47,586 | $60,002 | $78,374 |