Our biggest savings of the year
Chicano Stylez
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 | |||||||||||||
Clothing and Accesories | 25% | $5,000 | $6,000 | $6,500 | $6,500 | $7,000 | $7,000 | $7,500 | $7,500 | $8,000 | $8,500 | $9,500 | $11,200 |
Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Sales | $5,000 | $6,000 | $6,500 | $6,500 | $7,000 | $7,000 | $7,500 | $7,500 | $8,000 | $8,500 | $9,500 | $11,200 | |
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 | |
Clothing and Accesories | $1,250 | $1,500 | $1,625 | $1,625 | $1,750 | $1,750 | $1,875 | $1,875 | $2,000 | $2,125 | $2,375 | $2,800 | |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Direct Cost of Sales | $1,250 | $1,500 | $1,625 | $1,625 | $1,750 | $1,750 | $1,875 | $1,875 | $2,000 | $2,125 | $2,375 | $2,800 |
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 | ||
Manager | 0% | $1,000 | $1,000 | $1,500 | $1,500 | $1,700 | $2,000 | $2,000 | $2,000 | $2,500 | $2,550 | $2,850 | $3,000 |
Employee | 0% | $800 | $800 | $850 | $850 | $900 | $900 | $900 | $1,000 | $1,000 | $1,000 | $1,500 | $1,500 |
Total People | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Total Payroll | $1,800 | $1,800 | $2,350 | $2,350 | $2,600 | $2,900 | $2,900 | $3,000 | $3,500 | $3,550 | $4,350 | $4,500 |
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% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | |
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 | $5,000 | $6,000 | $6,500 | $6,500 | $7,000 | $7,000 | $7,500 | $7,500 | $8,000 | $8,500 | $9,500 | $11,200 | |
Direct Cost of Sales | $1,250 | $1,500 | $1,625 | $1,625 | $1,750 | $1,750 | $1,875 | $1,875 | $2,000 | $2,125 | $2,375 | $2,800 | |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $1,250 | $1,500 | $1,625 | $1,625 | $1,750 | $1,750 | $1,875 | $1,875 | $2,000 | $2,125 | $2,375 | $2,800 | |
Gross Margin | $3,750 | $4,500 | $4,875 | $4,875 | $5,250 | $5,250 | $5,625 | $5,625 | $6,000 | $6,375 | $7,125 | $8,400 | |
Gross Margin % | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | |
Expenses | |||||||||||||
Payroll | $1,800 | $1,800 | $2,350 | $2,350 | $2,600 | $2,900 | $2,900 | $3,000 | $3,500 | $3,550 | $4,350 | $4,500 | |
Sales and Marketing and Other Expenses | $1,300 | $1,300 | $900 | $1,300 | $1,300 | $1,100 | $1,300 | $1,100 | $1,300 | $1,300 | $900 | $1,300 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Leased Equipment | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
Utilities | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
Insurance | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
Rent | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
Payroll Taxes | 15% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $4,900 | $4,900 | $5,050 | $5,450 | $5,700 | $5,800 | $6,000 | $5,900 | $6,600 | $6,650 | $7,050 | $7,600 | |
Profit Before Interest and Taxes | ($1,150) | ($400) | ($175) | ($575) | ($450) | ($550) | ($375) | ($275) | ($600) | ($275) | $75 | $800 | |
EBITDA | ($1,150) | ($400) | ($175) | ($575) | ($450) | ($550) | ($375) | ($275) | ($600) | ($275) | $75 | $800 | |
Interest Expense | $98 | $97 | $95 | $93 | $92 | $90 | $88 | $87 | $85 | $83 | $82 | $80 | |
Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Net Profit | ($1,248) | ($497) | ($270) | ($668) | ($542) | ($640) | ($463) | ($362) | ($685) | ($358) | ($7) | $720 | |
Net Profit/Sales | -24.97% | -8.28% | -4.15% | -10.28% | -7.74% | -9.14% | -6.18% | -4.82% | -8.56% | -4.22% | -0.07% | 6.43% |
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 | $5,000 | $6,000 | $6,500 | $6,500 | $7,000 | $7,000 | $7,500 | $7,500 | $8,000 | $8,500 | $9,500 | $11,200 | |
Subtotal Cash from Operations | $5,000 | $6,000 | $6,500 | $6,500 | $7,000 | $7,000 | $7,500 | $7,500 | $8,000 | $8,500 | $9,500 | $11,200 | |
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 | $5,000 | $6,000 | $6,500 | $6,500 | $7,000 | $7,000 | $7,500 | $7,500 | $8,000 | $8,500 | $9,500 | $11,200 | |
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 | $1,800 | $1,800 | $2,350 | $2,350 | $2,600 | $2,900 | $2,900 | $3,000 | $3,500 | $3,550 | $4,350 | $4,500 | |
Bill Payments | $6,667 | $3,928 | $4,309 | $2,982 | $3,007 | $4,086 | $4,799 | $4,986 | $5,020 | $5,107 | $5,388 | $5,438 | |
Subtotal Spent on Operations | $8,467 | $5,728 | $6,659 | $5,332 | $5,607 | $6,986 | $7,699 | $7,986 | $8,520 | $8,657 | $9,738 | $9,938 | |
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 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
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 | $8,667 | $5,928 | $6,859 | $5,532 | $5,807 | $7,186 | $7,899 | $8,186 | $8,720 | $8,857 | $9,938 | $10,138 | |
Net Cash Flow | ($3,667) | $72 | ($359) | $968 | $1,193 | ($186) | ($399) | ($686) | ($720) | ($357) | ($438) | $1,062 | |
Cash Balance | $16,333 | $16,405 | $16,047 | $17,014 | $18,207 | $18,021 | $17,622 | $16,936 | $16,216 | $15,859 | $15,421 | $16,482 |
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 | $20,000 | $16,333 | $16,405 | $16,047 | $17,014 | $18,207 | $18,021 | $17,622 | $16,936 | $16,216 | $15,859 | $15,421 | $16,482 |
Inventory | $8,000 | $6,750 | $5,250 | $3,625 | $2,000 | $1,925 | $1,925 | $2,063 | $2,063 | $2,200 | $2,338 | $2,613 | $3,080 |
Other Current Assets | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 |
Total Current Assets | $55,000 | $50,083 | $48,655 | $46,672 | $46,014 | $47,132 | $46,946 | $46,685 | $45,999 | $45,416 | $45,196 | $45,033 | $46,562 |
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 | $55,000 | $50,083 | $48,655 | $46,672 | $46,014 | $47,132 | $46,946 | $46,685 | $45,999 | $45,416 | $45,196 | $45,033 | $46,562 |
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 | $10,000 | $6,532 | $5,800 | $4,287 | $4,498 | $6,357 | $7,011 | $7,413 | $7,289 | $7,591 | $7,930 | $7,973 | $8,982 |
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 | $10,000 | $6,532 | $5,800 | $4,287 | $4,498 | $6,357 | $7,011 | $7,413 | $7,289 | $7,591 | $7,930 | $7,973 | $8,982 |
Long-term Liabilities | $12,000 | $11,800 | $11,600 | $11,400 | $11,200 | $11,000 | $10,800 | $10,600 | $10,400 | $10,200 | $10,000 | $9,800 | $9,600 |
Total Liabilities | $22,000 | $18,332 | $17,400 | $15,687 | $15,698 | $17,357 | $17,811 | $18,013 | $17,689 | $17,791 | $17,930 | $17,773 | $18,582 |
Paid-in Capital | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 | $45,300 |
Retained Earnings | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) | ($12,300) |
Earnings | $0 | ($1,248) | ($1,745) | ($2,015) | ($2,683) | ($3,225) | ($3,865) | ($4,328) | ($4,690) | ($5,375) | ($5,733) | ($5,740) | ($5,020) |
Total Capital | $33,000 | $31,752 | $31,255 | $30,985 | $30,317 | $29,775 | $29,135 | $28,672 | $28,310 | $27,625 | $27,267 | $27,260 | $27,980 |
Total Liabilities and Capital | $55,000 | $50,083 | $48,655 | $46,672 | $46,014 | $47,132 | $46,946 | $46,685 | $45,999 | $45,416 | $45,196 | $45,033 | $46,562 |
Net Worth | $33,000 | $31,752 | $31,255 | $30,985 | $30,317 | $29,775 | $29,135 | $28,672 | $28,310 | $27,625 | $27,267 | $27,260 | $27,980 |