SAFEassure
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 | |||||||||||||
CHILDassure soap (day care) | 45% | $1,250 | $1,813 | $2,628 | $3,811 | $5,526 | $8,012 | $11,618 | $16,846 | $24,426 | $35,418 | $51,356 | $74,466 |
HEALTHassure/FOODassure | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Sales | $1,250 | $1,813 | $2,628 | $3,811 | $5,526 | $8,012 | $11,618 | $16,846 | $24,426 | $35,418 | $51,356 | $74,466 | |
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 | |
CHILDassure soap (day care) | 40% | $500 | $725 | $1,051 | $1,524 | $2,210 | $3,205 | $4,647 | $6,738 | $9,770 | $14,167 | $20,542 | $29,786 |
HEALTHassure/FOODassure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Direct Cost of Sales | $500 | $725 | $1,051 | $1,524 | $2,210 | $3,205 | $4,647 | $6,738 | $9,770 | $14,167 | $20,542 | $29,786 |
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 Nevius | 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 |
Kevin Meinert | 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 |
Inventory Manager | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Sales Associate | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Research and Development | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total People | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
Total Payroll | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 |
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 | $1,250 | $1,813 | $2,628 | $3,811 | $5,526 | $8,012 | $11,618 | $16,846 | $24,426 | $35,418 | $51,356 | $74,466 | |
Direct Cost of Sales | $500 | $725 | $1,051 | $1,524 | $2,210 | $3,205 | $4,647 | $6,738 | $9,770 | $14,167 | $20,542 | $29,786 | |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $500 | $725 | $1,051 | $1,524 | $2,210 | $3,205 | $4,647 | $6,738 | $9,770 | $14,167 | $20,542 | $29,786 | |
Gross Margin | $750 | $1,088 | $1,577 | $2,286 | $3,315 | $4,807 | $6,971 | $10,107 | $14,656 | $21,251 | $30,814 | $44,680 | |
Gross Margin % | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | 60.00% | |
Expenses | |||||||||||||
Payroll | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | |
Payroll Taxes | 15% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Rent | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | $700 | |
Utilities | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | |
Insurance | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Telecommunications | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | |
Travel | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
Warehousing | 15% | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 |
Other General and Administrative Expenses | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | |
Total Operating Expenses | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | $6,750 | |
Profit Before Interest and Taxes | ($6,000) | ($5,663) | ($5,173) | ($4,464) | ($3,435) | ($1,943) | $221 | $3,357 | $7,906 | $14,501 | $24,064 | $37,930 | |
EBITDA | ($6,000) | ($5,663) | ($5,173) | ($4,464) | ($3,435) | ($1,943) | $221 | $3,357 | $7,906 | $14,501 | $24,064 | $37,930 | |
Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Taxes Incurred | ($1,800) | ($1,699) | ($1,552) | ($1,339) | ($1,030) | ($583) | $66 | $1,007 | $2,372 | $4,350 | $7,219 | $11,379 | |
Net Profit | ($4,200) | ($3,964) | ($3,621) | ($3,124) | ($2,404) | ($1,360) | $154 | $2,350 | $5,534 | $10,150 | $16,844 | $26,551 | |
Net Profit/Sales | -336.00% | -218.69% | -137.79% | -81.99% | -43.51% | -16.97% | 1.33% | 13.95% | 22.66% | 28.66% | 32.80% | 35.65% |
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Cash from Receivables | $0 | $667 | $1,550 | $2,248 | $3,259 | $4,725 | $6,852 | $9,935 | $14,406 | $20,889 | $30,288 | $43,918 | |
Subtotal Cash from Operations | $0 | $667 | $1,550 | $2,248 | $3,259 | $4,725 | $6,852 | $9,935 | $14,406 | $20,889 | $30,288 | $43,918 | |
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 | $667 | $1,550 | $2,248 | $3,259 | $4,725 | $6,852 | $9,935 | $14,406 | $20,889 | $30,288 | $43,918 | |
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 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | $4,800 | |
Bill Payments | $5 | $153 | $256 | $405 | $621 | $935 | $1,389 | $2,048 | $3,651 | $24,251 | $38,626 | $56,042 | |
Subtotal Spent on Operations | $4,805 | $4,953 | $5,056 | $5,205 | $5,421 | $5,735 | $6,189 | $6,848 | $8,451 | $29,051 | $43,426 | $60,842 | |
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 | $4,805 | $4,953 | $5,056 | $5,205 | $5,421 | $5,735 | $6,189 | $6,848 | $8,451 | $29,051 | $43,426 | $60,842 | |
Net Cash Flow | ($4,805) | ($4,287) | ($3,506) | ($2,958) | ($2,162) | ($1,009) | $663 | $3,088 | $5,955 | ($8,162) | ($13,138) | ($16,923) | |
Cash Balance | $71,895 | $67,608 | $64,102 | $61,144 | $58,982 | $57,973 | $58,636 | $61,723 | $67,678 | $59,516 | $46,378 | $29,455 |
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 | $76,700 | $71,895 | $67,608 | $64,102 | $61,144 | $58,982 | $57,973 | $58,636 | $61,723 | $67,678 | $59,516 | $46,378 | $29,455 |
Accounts Receivable | $0 | $1,250 | $2,396 | $3,474 | $5,037 | $7,304 | $10,591 | $15,357 | $22,267 | $32,287 | $46,817 | $67,884 | $98,432 |
Inventory | $50,000 | $49,500 | $48,775 | $47,724 | $46,199 | $43,989 | $40,784 | $36,137 | $29,399 | $39,082 | $56,669 | $82,169 | $119,146 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $126,700 | $122,645 | $118,779 | $115,300 | $112,381 | $110,275 | $109,348 | $110,130 | $113,390 | $139,047 | $163,001 | $196,432 | $247,032 |
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 | $126,700 | $122,645 | $118,779 | $115,300 | $112,381 | $110,275 | $109,348 | $110,130 | $113,390 | $139,047 | $163,001 | $196,432 | $247,032 |
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 | $145 | $243 | $385 | $591 | $889 | $1,322 | $1,949 | $2,859 | $22,982 | $36,786 | $53,372 | $77,422 |
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 | $145 | $243 | $385 | $591 | $889 | $1,322 | $1,949 | $2,859 | $22,982 | $36,786 | $53,372 | $77,422 |
Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Liabilities | $0 | $145 | $243 | $385 | $591 | $889 | $1,322 | $1,949 | $2,859 | $22,982 | $36,786 | $53,372 | $77,422 |
Paid-in Capital | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 |
Retained Earnings | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) | ($123,300) |
Earnings | $0 | ($4,200) | ($8,164) | ($11,785) | ($14,909) | ($17,314) | ($18,674) | ($18,519) | ($16,169) | ($10,635) | ($485) | $16,360 | $42,911 |
Total Capital | $126,700 | $122,500 | $118,536 | $114,915 | $111,791 | $109,386 | $108,026 | $108,181 | $110,531 | $116,065 | $126,215 | $143,060 | $169,611 |
Total Liabilities and Capital | $126,700 | $122,645 | $118,779 | $115,300 | $112,381 | $110,275 | $109,348 | $110,130 | $113,390 | $139,047 | $163,001 | $196,432 | $247,032 |
Net Worth | $126,700 | $122,500 | $118,536 | $114,915 | $111,791 | $109,386 | $108,026 | $108,181 | $110,531 | $116,065 | $126,215 | $143,060 | $169,611 |