Safe Keeping
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 | |||||||||||||
Video Recording Services | 0% | $2,200 | $2,600 | $3,000 | $3,400 | $3,800 | $4,200 | $4,600 | $5,000 | $5,400 | $5,800 | $6,200 | $6,600 |
Consultation Services | 0% | $3,000 | $3,000 | $3,500 | $4,000 | $4,500 | $5,000 | $5,500 | $6,000 | $6,500 | $7,000 | $7,500 | $8,000 |
Total Sales | $5,200 | $5,600 | $6,500 | $7,400 | $8,300 | $9,200 | $10,100 | $11,000 | $11,900 | $12,800 | $13,700 | $14,600 | |
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 | |
Video Recording Services | $100 | $130 | $160 | $190 | $220 | $250 | $280 | $310 | $340 | $370 | $400 | $430 | |
Consultation Services | $100 | $100 | $120 | $140 | $160 | $180 | $200 | $220 | $240 | $260 | $280 | $300 | |
Subtotal Direct Cost of Sales | $200 | $230 | $280 | $330 | $380 | $430 | $480 | $530 | $580 | $630 | $680 | $730 |
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 | ||
John Walter | 0% | $2,500 | $2,500 | $3,000 | $3,000 | $3,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 |
Joe Norten, full time employee | 0% | $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 People | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
Total Payroll | $4,500 | $4,500 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
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 | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | |
Long-term Interest Rate | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | |
Tax Rate | 30.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | |
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 | $5,200 | $5,600 | $6,500 | $7,400 | $8,300 | $9,200 | $10,100 | $11,000 | $11,900 | $12,800 | $13,700 | $14,600 | |
Direct Cost of Sales | $200 | $230 | $280 | $330 | $380 | $430 | $480 | $530 | $580 | $630 | $680 | $730 | |
Other Costs of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $200 | $230 | $280 | $330 | $380 | $430 | $480 | $530 | $580 | $630 | $680 | $730 | |
Gross Margin | $5,000 | $5,370 | $6,220 | $7,070 | $7,920 | $8,770 | $9,620 | $10,470 | $11,320 | $12,170 | $13,020 | $13,870 | |
Gross Margin % | 96.15% | 95.89% | 95.69% | 95.54% | 95.42% | 95.33% | 95.25% | 95.18% | 95.13% | 95.08% | 95.04% | 95.00% | |
Expenses | |||||||||||||
Payroll | $4,500 | $4,500 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | |
Sales and Marketing and Other Expenses | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Rent | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
Utilities | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | |
Insurance | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | |
Payroll Taxes | 15% | $675 | $675 | $750 | $750 | $750 | $900 | $900 | $900 | $900 | $900 | $900 | $900 |
Other | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
Total Operating Expenses | $6,375 | $6,375 | $6,950 | $6,950 | $6,950 | $8,100 | $8,100 | $8,100 | $8,100 | $8,100 | $8,100 | $8,100 | |
Profit Before Interest and Taxes | ($1,375) | ($1,005) | ($730) | $120 | $970 | $670 | $1,520 | $2,370 | $3,220 | $4,070 | $4,920 | $5,770 | |
EBITDA | ($1,375) | ($1,005) | ($730) | $120 | $970 | $670 | $1,520 | $2,370 | $3,220 | $4,070 | $4,920 | $5,770 | |
Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Taxes Incurred | ($413) | ($281) | ($204) | $34 | $272 | $188 | $426 | $664 | $902 | $1,140 | $1,378 | $1,616 | |
Net Profit | ($963) | ($724) | ($526) | $86 | $698 | $482 | $1,094 | $1,706 | $2,318 | $2,930 | $3,542 | $4,154 | |
Net Profit/Sales | -18.51% | -12.92% | -8.09% | 1.17% | 8.41% | 5.24% | 10.84% | 15.51% | 19.48% | 22.89% | 25.86% | 28.45% |
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 | $5,200 | $5,600 | $6,500 | $7,400 | $8,300 | $9,200 | $10,100 | $11,000 | $11,900 | $12,800 | $13,700 | $14,600 | |
Subtotal Cash from Operations | $5,200 | $5,600 | $6,500 | $7,400 | $8,300 | $9,200 | $10,100 | $11,000 | $11,900 | $12,800 | $13,700 | $14,600 | |
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 | $5,200 | $5,600 | $6,500 | $7,400 | $8,300 | $9,200 | $10,100 | $11,000 | $11,900 | $12,800 | $13,700 | $14,600 | |
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 | $4,500 | $4,500 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | |
Bill Payments | $55 | $1,668 | $1,830 | $2,035 | $2,323 | $2,605 | $2,727 | $3,015 | $3,303 | $3,591 | $3,879 | $4,167 | |
Subtotal Spent on Operations | $4,555 | $6,168 | $6,830 | $7,035 | $7,323 | $8,605 | $8,727 | $9,015 | $9,303 | $9,591 | $9,879 | $10,167 | |
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 | $4,555 | $6,168 | $6,830 | $7,035 | $7,323 | $8,605 | $8,727 | $9,015 | $9,303 | $9,591 | $9,879 | $10,167 | |
Net Cash Flow | $645 | ($568) | ($330) | $365 | $977 | $595 | $1,373 | $1,985 | $2,597 | $3,209 | $3,821 | $4,433 | |
Cash Balance | $21,645 | $21,077 | $20,746 | $21,111 | $22,088 | $22,683 | $24,055 | $26,040 | $28,637 | $31,846 | $35,667 | $40,099 |
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 | $21,000 | $21,645 | $21,077 | $20,746 | $21,111 | $22,088 | $22,683 | $24,055 | $26,040 | $28,637 | $31,846 | $35,667 | $40,099 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $21,000 | $21,645 | $21,077 | $20,746 | $21,111 | $22,088 | $22,683 | $24,055 | $26,040 | $28,637 | $31,846 | $35,667 | $40,099 |
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 | $21,000 | $21,645 | $21,077 | $20,746 | $21,111 | $22,088 | $22,683 | $24,055 | $26,040 | $28,637 | $31,846 | $35,667 | $40,099 |
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 | $1,607 | $1,763 | $1,958 | $2,236 | $2,515 | $2,627 | $2,905 | $3,184 | $3,462 | $3,741 | $4,019 | $4,297 |
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 | $1,607 | $1,763 | $1,958 | $2,236 | $2,515 | $2,627 | $2,905 | $3,184 | $3,462 | $3,741 | $4,019 | $4,297 |
Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Liabilities | $0 | $1,607 | $1,763 | $1,958 | $2,236 | $2,515 | $2,627 | $2,905 | $3,184 | $3,462 | $3,741 | $4,019 | $4,297 |
Paid-in Capital | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 |
Retained Earnings | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) |
Earnings | $0 | ($963) | ($1,686) | ($2,212) | ($2,125) | ($1,427) | ($944) | $150 | $1,856 | $4,175 | $7,105 | $10,648 | $14,802 |
Total Capital | $21,000 | $20,038 | $19,314 | $18,788 | $18,875 | $19,573 | $20,056 | $21,150 | $22,856 | $25,175 | $28,105 | $31,648 | $35,802 |
Total Liabilities and Capital | $21,000 | $21,645 | $21,077 | $20,746 | $21,111 | $22,088 | $22,683 | $24,055 | $26,040 | $28,637 | $31,846 | $35,667 | $40,099 |
Net Worth | $21,000 | $20,038 | $19,314 | $18,788 | $18,875 | $19,573 | $20,055 | $21,150 | $22,856 | $25,175 | $28,105 | $31,648 | $35,802 |