Specialty Gifts Business Plan

Start your plan
Start my business plan

Start your own specialty gifts business plan

Pink Lady Bug Designs

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
Chocolate – Favor 0% $0 $2,985 $2,985 $2,985 $6,965 $2,985 $6,965 $2,985 $3,980 $2,985 $2,985 $3,980
Chocolates – Medium Favor/Gift 0% $0 $2,495 $2,495 $2,970 $24,950 $2,970 $24,950 $2,970 $4,990 $2,970 $2,970 $4,990
Chocolate – Premium 0% $0 $1,499 $1,499 $7,495 $14,990 $7,495 $7,495 $7,495 $7,495 $7,495 $7,495 $7,495
Plush Collectible 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gift Basket 0% $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 $0
Total Sales $0 $6,979 $6,979 $13,450 $46,905 $13,450 $39,410 $13,450 $16,465 $13,450 $13,450 $16,465
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
Chocolate – Favor $0 $1,493 $1,493 $1,493 $3,483 $1,493 $3,483 $1,493 $1,990 $1,493 $1,493 $1,990
Chocolates – Medium Favor/Gift $0 $1,247 $1,247 $1,485 $12,475 $1,485 $12,475 $1,485 $2,495 $1,485 $1,485 $2,495
Chocolate – Premium $0 $749 $749 $3,748 $7,495 $3,748 $3,748 $3,748 $3,748 $3,748 $3,748 $3,748
Plush Collectible $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gift Basket $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
Subtotal Direct Cost of Sales $0 $3,489 $3,489 $6,726 $23,453 $6,726 $19,706 $6,726 $8,233 $6,726 $6,726 $8,233
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
Linda Herter – President 100% $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,337
Jim Herter – Vice President/Controller 100% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Office Manager/Administrative Assistant 100% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Marketing/Sales Manager 100% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total People 0 0 0 0 1 1 1 1 1 1 1 1
Total Payroll $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,337

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 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
Long-term Interest Rate 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
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 $6,979 $6,979 $13,450 $46,905 $13,450 $39,410 $13,450 $16,465 $13,450 $13,450 $16,465
Direct Cost of Sales $0 $3,489 $3,489 $6,726 $23,453 $6,726 $19,706 $6,726 $8,233 $6,726 $6,726 $8,233
Other Production Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Cost of Sales $0 $3,489 $3,489 $6,726 $23,453 $6,726 $19,706 $6,726 $8,233 $6,726 $6,726 $8,233
Gross Margin $0 $3,490 $3,490 $6,724 $23,452 $6,724 $19,704 $6,724 $8,232 $6,724 $6,724 $8,232
Gross Margin % 0.00% 50.01% 50.01% 49.99% 50.00% 49.99% 50.00% 49.99% 50.00% 49.99% 49.99% 50.00%
Expenses
Payroll $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,337
Sales and Marketing and Other Expenses $2,275 $2,275 $2,275 $2,275 $2,275 $2,275 $2,275 $2,275 $2,275 $2,275 $2,275 $2,275
Depreciation $66 $66 $66 $66 $66 $66 $66 $66 $66 $66 $66 $66
Leased Equipment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Utilities $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Insurance $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300
Rent $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Payroll Taxes 15% $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $501
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Operating Expenses $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,729
Profit Before Interest and Taxes ($6,724) ($3,234) ($3,234) $0 $16,728 $0 $12,980 $0 $1,508 $0 $0 $1,503
EBITDA ($6,658) ($3,168) ($3,168) $66 $16,794 $66 $13,046 $66 $1,574 $66 $66 $1,569
Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxes Incurred ($2,017) ($970) ($970) $0 $5,018 $0 $3,894 $0 $452 $0 $0 $451
Net Profit ($4,707) ($2,264) ($2,264) $0 $11,710 $0 $9,086 $0 $1,056 $0 $0 $1,052
Net Profit/Sales 0.00% -32.44% -32.44% 0.00% 24.96% 0.00% 23.06% 0.00% 6.41% 0.00% 0.00% 6.39%

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 $6,630 $6,630 $12,778 $44,560 $12,778 $37,440 $12,778 $15,642 $12,778 $12,778 $15,642
Cash from Receivables $0 $0 $12 $349 $360 $728 $2,289 $716 $1,927 $678 $818 $673
Subtotal Cash from Operations $0 $6,630 $6,642 $13,126 $44,919 $13,506 $39,729 $13,493 $17,569 $13,455 $13,596 $16,314
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 $6,630 $6,642 $13,126 $44,919 $13,506 $39,729 $13,493 $17,569 $13,455 $13,596 $16,314
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 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,333 $3,337
Bill Payments $44 $1,459 $5,844 $5,984 $10,776 $31,072 $10,613 $26,362 $10,116 $11,945 $10,051 $10,116
Subtotal Spent on Operations $3,377 $4,792 $9,177 $9,317 $14,109 $34,405 $13,946 $29,695 $13,449 $15,278 $13,384 $13,453
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 $3,377 $4,792 $9,177 $9,317 $14,109 $34,405 $13,946 $29,695 $13,449 $15,278 $13,384 $13,453
Net Cash Flow ($3,377) $1,838 ($2,535) $3,809 $30,811 ($20,899) $25,783 ($16,202) $4,120 ($1,823) $212 $2,861
Cash Balance $32,123 $33,961 $31,426 $35,236 $66,047 $45,148 $70,930 $54,728 $58,848 $57,025 $57,237 $60,098
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 $35,500 $32,123 $33,961 $31,426 $35,236 $66,047 $45,148 $70,930 $54,728 $58,848 $57,025 $57,237 $60,098
Accounts Receivable $0 $0 $349 $686 $1,010 $2,995 $2,940 $2,621 $2,577 $1,473 $1,468 $1,323 $1,473
Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Current Assets $35,500 $32,123 $34,310 $32,113 $36,246 $69,042 $48,087 $73,551 $57,305 $60,321 $58,493 $58,559 $61,571
Long-term Assets
Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Accumulated Depreciation $0 $66 $132 $198 $264 $330 $396 $462 $528 $594 $660 $726 $792
Total Long-term Assets $0 ($66) ($132) ($198) ($264) ($330) ($396) ($462) ($528) ($594) ($660) ($726) ($792)
Total Assets $35,500 $32,057 $34,178 $31,915 $35,982 $68,712 $47,691 $73,089 $56,777 $59,727 $57,833 $57,833 $60,779
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 $1,264 $5,649 $5,649 $9,716 $30,736 $9,716 $26,027 $9,716 $11,610 $9,716 $9,716 $11,609
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 $1,264 $5,649 $5,649 $9,716 $30,736 $9,716 $26,027 $9,716 $11,610 $9,716 $9,716 $11,609
Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Liabilities $0 $1,264 $5,649 $5,649 $9,716 $30,736 $9,716 $26,027 $9,716 $11,610 $9,716 $9,716 $11,609
Paid-in Capital $65,000 $65,000 $65,000 $65,000 $65,000 $65,000 $65,000 $65,000 $65,000 $65,000 $65,000 $65,000 $65,000
Retained Earnings ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500) ($29,500)
Earnings $0 ($4,707) ($6,971) ($9,234) ($9,234) $2,475 $2,475 $11,561 $11,561 $12,617 $12,617 $12,617 $13,670
Total Capital $35,500 $30,793 $28,529 $26,266 $26,266 $37,975 $37,975 $47,061 $47,061 $48,117 $48,117 $48,117 $49,170
Total Liabilities and Capital $35,500 $32,057 $34,178 $31,915 $35,982 $68,712 $47,691 $73,089 $56,777 $59,727 $57,833 $57,833 $60,779
Net Worth $35,500 $30,793 $28,529 $26,266 $26,266 $37,975 $37,975 $47,061 $47,061 $48,117 $48,117 $48,117 $49,170

Download link edge graphic Download this plan

Start your own specialty gifts business plan

Start your own business plan

LivePlan logo Start planning

Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan.

Get the Bplans newsletter:

Expert business tips and advice delivered weekly.