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Benefits Administration Business Plan

Employee Benefits Administration

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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
Unit Sales
COBRA/HIPAA 0% 0 0 0 20 25 30 35 40 45 50 55 60
Flexible Spending 0% 0 0 0 10 10 10 10 10 10 40 40 40
Basic Admin 0% 0 0 0 100 100 100 200 200 200 400 400 400
All Inclusive 0% 0 0 0 100 100 100 200 200 200 400 400 400
Start-up Fees 0% 0 0 0 65 5 5 45 5 5 100 5 5
Total Unit Sales 0 0 0 295 240 245 490 455 460 990 900 905
Unit Prices Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
COBRA/HIPAA £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75
Flexible Spending £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50
Basic Admin £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00
All Inclusive £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00
Start-up Fees £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00
Sales
COBRA/HIPAA £0 £0 £0 £255 £319 £383 £446 £510 £574 £638 £701 £765
Flexible Spending £0 £0 £0 £75 £75 £75 £75 £75 £75 £300 £300 £300
Basic Admin £0 £0 £0 £1,200 £1,200 £1,200 £2,400 £2,400 £2,400 £4,800 £4,800 £4,800
All Inclusive £0 £0 £0 £1,800 £1,800 £1,800 £3,600 £3,600 £3,600 £7,200 £7,200 £7,200
Start-up Fees £0 £0 £0 £6,500 £500 £500 £4,500 £500 £500 £10,000 £500 £500
Total Sales £0 £0 £0 £9,830 £3,894 £3,958 £11,021 £7,085 £7,149 £22,938 £13,501 £13,565
Direct Unit Costs Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
COBRA/HIPAA 0.00% £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75
Flexible Spending 0.00% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Basic Admin 0.00% £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75
All Inclusive 0.00% £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75
Start-up Fees 0.00% £2.75 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Direct Cost of Sales
COBRA/HIPAA £0 £0 £0 £55 £69 £83 £96 £110 £124 £138 £151 £165
Flexible Spending £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Basic Admin £0 £0 £0 £275 £275 £275 £550 £550 £550 £1,100 £1,100 £1,100
All Inclusive £0 £0 £0 £275 £275 £275 £550 £550 £550 £1,100 £1,100 £1,100
Start-up Fees £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal Direct Cost of Sales £0 £0 £0 £605 £619 £633 £1,196 £1,210 £1,224 £2,338 £2,351 £2,365
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
Production Personnel
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £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 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Sales and Marketing Personnel
Marketer Part Time £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £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 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
General and Administrative Personnel
Cindy Wells £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500
Diane Davis £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500
Administrative Assistant Part Time £0 £0 £0 £0 £0 £0 £0 £0 £0 £1,084 £1,084 £1,084
Benefits Administrator £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Receptionist Part Time £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Benefits Administrator £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
Other Personnel
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £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 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total People 2 2 2 2 2 2 2 2 2 3 3 3
Total Payroll £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
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 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% 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 £0 £0 £0 £9,830 £3,894 £3,958 £11,021 £7,085 £7,149 £22,938 £13,501 £13,565
Direct Cost of Sales £0 £0 £0 £605 £619 £633 £1,196 £1,210 £1,224 £2,338 £2,351 £2,365
Production Payroll £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 Cost of Sales £0 £0 £0 £605 £619 £633 £1,196 £1,210 £1,224 £2,338 £2,351 £2,365
Gross Margin £0 £0 £0 £9,225 £3,275 £3,325 £9,825 £5,875 £5,925 £20,600 £11,150 £11,200
Gross Margin % 0.00% 0.00% 0.00% 93.85% 84.11% 84.02% 89.15% 82.92% 82.88% 89.81% 82.58% 82.57%
Operating Expenses
Sales and Marketing Expenses
Sales and Marketing Payroll £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Advertising/Promotion £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100
Travel £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Miscellaneous £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50
Total Sales and Marketing Expenses £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150
Sales and Marketing % 0.00% 0.00% 0.00% 1.53% 3.85% 3.79% 1.36% 2.12% 2.10% 0.65% 1.11% 1.11%
General and Administrative Expenses
General and Administrative Payroll £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
Sales and Marketing and Other Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Depreciation £85 £85 £85 £85 £85 £85 £85 £85 £85 £85 £85 £85
Dues and Subscriptions £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150
Professional Fees £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50
Rent £600 £600 £600 £600 £600 £600 £600 £600 £600 £600 £600 £600
Software Purchases £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Insurance £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100
Telephone and Internet Access £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200
Utilities £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200
Miscellaneous £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200
Payroll Taxes 8% £400 £400 £400 £400 £400 £400 £400 £400 £400 £487 £487 £487
Other General and Administrative Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total General and Administrative Expenses £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £8,156 £8,156 £8,156
General and Administrative % 0.00% 0.00% 0.00% 71.06% 179.39% 176.50% 63.38% 98.59% 97.71% 35.56% 60.41% 60.12%
Other Expenses:
Other Payroll £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Consultants £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Contract/Consultants £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Other Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Other % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Total Operating Expenses £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £8,306 £8,306 £8,306
Profit Before Interest and Taxes (£7,135) (£7,135) (£7,135) £2,090 (£3,860) (£3,810) £2,690 (£1,260) (£1,210) £12,294 £2,844 £2,894
EBITDA (£7,050) (£7,050) (£7,050) £2,175 (£3,775) (£3,725) £2,775 (£1,175) (£1,125) £12,379 £2,929 £2,979
Interest Expense £0 £375 £375 £370 £365 £360 £355 £350 £345 £339 £334 £329
Taxes Incurred £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Net Profit (£7,135) (£7,510) (£7,510) £1,720 (£4,225) (£4,170) £2,335 (£1,610) (£1,555) £11,955 £2,510 £2,565
Net Profit/Sales 0.00% 0.00% 0.00% 17.50% -108.51% -105.37% 21.19% -22.72% -21.75% 52.12% 18.59% 18.91%
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 £0 £0 £0 £328 £9,632 £3,896 £4,193 £10,890 £7,087 £7,675 £22,623
Subtotal Cash from Operations £0 £0 £0 £0 £328 £9,632 £3,896 £4,193 £10,890 £7,087 £7,675 £22,623
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 £50,000 £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 £50,000 £0 £0 £328 £9,632 £3,896 £4,193 £10,890 £7,087 £7,675 £22,623
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 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
Bill Payments £68 £2,063 £2,425 £2,445 £3,025 £3,034 £3,061 £3,601 £3,610 £3,658 £4,814 £4,822
Subtotal Spent on Operations £5,068 £7,063 £7,425 £7,445 £8,025 £8,034 £8,061 £8,601 £8,610 £9,742 £10,898 £10,906
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 £663 £669 £673 £678 £683 £688 £693 £699 £704
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 £5,068 £7,063 £7,425 £8,108 £8,694 £8,707 £8,739 £9,284 £9,298 £10,435 £11,597 £11,610
Net Cash Flow (£5,068) £42,938 (£7,425) (£8,108) (£8,367) £925 (£4,843) (£5,091) £1,592 (£3,348) (£3,922) £11,013
Cash Balance £5,932 £48,869 £41,444 £33,336 £24,970 £25,895 £21,051 £15,960 £17,552 £14,204 £10,282 £21,295
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 £11,000 £5,932 £48,869 £41,444 £33,336 £24,970 £25,895 £21,051 £15,960 £17,552 £14,204 £10,282 £21,295
Accounts Receivable £0 £0 £0 £0 £9,830 £13,396 £7,721 £14,847 £17,739 £13,998 £29,848 £35,674 £26,616
Other Current Assets £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Current Assets £11,000 £5,932 £48,869 £41,444 £43,166 £38,366 £33,616 £35,898 £33,699 £31,550 £44,052 £45,956 £47,911
Long-term Assets
Long-term Assets £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Accumulated Depreciation £0 £85 £170 £255 £340 £425 £510 £595 £680 £765 £850 £935 £1,020
Total Long-term Assets £0 (£85) (£170) (£255) (£340) (£425) (£510) (£595) (£680) (£765) (£850) (£935) (£1,020)
Total Assets £11,000 £5,847 £48,699 £41,189 £42,826 £37,941 £33,106 £35,303 £33,019 £30,785 £43,202 £45,021 £46,891
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 £1,982 £2,344 £2,344 £2,924 £2,933 £2,941 £3,481 £3,489 £3,498 £4,653 £4,661 £4,670
Current Borrowing £0 £0 £50,000 £50,000 £49,337 £48,668 £47,995 £47,317 £46,634 £45,946 £45,253 £44,554 £43,850
Other Current Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal Current Liabilities £0 £1,982 £52,344 £52,344 £52,261 £51,601 £50,936 £50,798 £50,123 £49,444 £49,906 £49,215 £48,520
Long-term Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Liabilities £0 £1,982 £52,344 £52,344 £52,261 £51,601 £50,936 £50,798 £50,123 £49,444 £49,906 £49,215 £48,520
Paid-in Capital £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428
Retained Earnings (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428)
Earnings £0 (£7,135) (£14,645) (£22,155) (£20,435) (£24,660) (£28,830) (£26,495) (£28,105) (£29,659) (£17,704) (£15,194) (£12,629)
Total Capital £11,000 £3,865 (£3,645) (£11,155) (£9,435) (£13,660) (£17,830) (£15,495) (£17,105) (£18,659) (£6,704) (£4,194) (£1,629)
Total Liabilities and Capital £11,000 £5,847 £48,699 £41,189 £42,826 £37,941 £33,106 £35,303 £33,019 £30,785 £43,202 £45,021 £46,891
Net Worth £11,000 £3,865 (£3,645) (£11,155) (£9,435) (£13,660) (£17,830) (£15,495) (£17,105) (£18,659) (£6,704) (£4,194) (£1,629)
previous
next
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
Unit Sales
COBRA/HIPAA 0% 0 0 0 20 25 30 35 40 45 50 55 60
Flexible Spending 0% 0 0 0 10 10 10 10 10 10 40 40 40
Basic Admin 0% 0 0 0 100 100 100 200 200 200 400 400 400
All Inclusive 0% 0 0 0 100 100 100 200 200 200 400 400 400
Start-up Fees 0% 0 0 0 65 5 5 45 5 5 100 5 5
Total Unit Sales 0 0 0 295 240 245 490 455 460 990 900 905
Unit Prices Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
COBRA/HIPAA £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75 £12.75
Flexible Spending £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50 £7.50
Basic Admin £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00 £12.00
All Inclusive £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00 £18.00
Start-up Fees £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00 £100.00
Sales
COBRA/HIPAA £0 £0 £0 £255 £319 £383 £446 £510 £574 £638 £701 £765
Flexible Spending £0 £0 £0 £75 £75 £75 £75 £75 £75 £300 £300 £300
Basic Admin £0 £0 £0 £1,200 £1,200 £1,200 £2,400 £2,400 £2,400 £4,800 £4,800 £4,800
All Inclusive £0 £0 £0 £1,800 £1,800 £1,800 £3,600 £3,600 £3,600 £7,200 £7,200 £7,200
Start-up Fees £0 £0 £0 £6,500 £500 £500 £4,500 £500 £500 £10,000 £500 £500
Total Sales £0 £0 £0 £9,830 £3,894 £3,958 £11,021 £7,085 £7,149 £22,938 £13,501 £13,565
Direct Unit Costs Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
COBRA/HIPAA 0.00% £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75
Flexible Spending 0.00% £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Basic Admin 0.00% £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75
All Inclusive 0.00% £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75 £2.75
Start-up Fees 0.00% £2.75 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Direct Cost of Sales
COBRA/HIPAA £0 £0 £0 £55 £69 £83 £96 £110 £124 £138 £151 £165
Flexible Spending £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Basic Admin £0 £0 £0 £275 £275 £275 £550 £550 £550 £1,100 £1,100 £1,100
All Inclusive £0 £0 £0 £275 £275 £275 £550 £550 £550 £1,100 £1,100 £1,100
Start-up Fees £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal Direct Cost of Sales £0 £0 £0 £605 £619 £633 £1,196 £1,210 £1,224 £2,338 £2,351 £2,365
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
Production Personnel
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £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 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Sales and Marketing Personnel
Marketer Part Time £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £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 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
General and Administrative Personnel
Cindy Wells £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500
Diane Davis £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500 £2,500
Administrative Assistant Part Time £0 £0 £0 £0 £0 £0 £0 £0 £0 £1,084 £1,084 £1,084
Benefits Administrator £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Receptionist Part Time £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Benefits Administrator £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
Other Personnel
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Name or title £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 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total People 2 2 2 2 2 2 2 2 2 3 3 3
Total Payroll £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
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 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% 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 £0 £0 £0 £9,830 £3,894 £3,958 £11,021 £7,085 £7,149 £22,938 £13,501 £13,565
Direct Cost of Sales £0 £0 £0 £605 £619 £633 £1,196 £1,210 £1,224 £2,338 £2,351 £2,365
Production Payroll £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 Cost of Sales £0 £0 £0 £605 £619 £633 £1,196 £1,210 £1,224 £2,338 £2,351 £2,365
Gross Margin £0 £0 £0 £9,225 £3,275 £3,325 £9,825 £5,875 £5,925 £20,600 £11,150 £11,200
Gross Margin % 0.00% 0.00% 0.00% 93.85% 84.11% 84.02% 89.15% 82.92% 82.88% 89.81% 82.58% 82.57%
Operating Expenses
Sales and Marketing Expenses
Sales and Marketing Payroll £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Advertising/Promotion £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100
Travel £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Miscellaneous £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50
Total Sales and Marketing Expenses £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150
Sales and Marketing % 0.00% 0.00% 0.00% 1.53% 3.85% 3.79% 1.36% 2.12% 2.10% 0.65% 1.11% 1.11%
General and Administrative Expenses
General and Administrative Payroll £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
Sales and Marketing and Other Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Depreciation £85 £85 £85 £85 £85 £85 £85 £85 £85 £85 £85 £85
Dues and Subscriptions £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150 £150
Professional Fees £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50 £50
Rent £600 £600 £600 £600 £600 £600 £600 £600 £600 £600 £600 £600
Software Purchases £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Insurance £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100 £100
Telephone and Internet Access £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200
Utilities £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200
Miscellaneous £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200 £200
Payroll Taxes 8% £400 £400 £400 £400 £400 £400 £400 £400 £400 £487 £487 £487
Other General and Administrative Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total General and Administrative Expenses £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £6,985 £8,156 £8,156 £8,156
General and Administrative % 0.00% 0.00% 0.00% 71.06% 179.39% 176.50% 63.38% 98.59% 97.71% 35.56% 60.41% 60.12%
Other Expenses:
Other Payroll £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Consultants £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Contract/Consultants £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Other Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Other % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Total Operating Expenses £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £7,135 £8,306 £8,306 £8,306
Profit Before Interest and Taxes (£7,135) (£7,135) (£7,135) £2,090 (£3,860) (£3,810) £2,690 (£1,260) (£1,210) £12,294 £2,844 £2,894
EBITDA (£7,050) (£7,050) (£7,050) £2,175 (£3,775) (£3,725) £2,775 (£1,175) (£1,125) £12,379 £2,929 £2,979
Interest Expense £0 £375 £375 £370 £365 £360 £355 £350 £345 £339 £334 £329
Taxes Incurred £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Net Profit (£7,135) (£7,510) (£7,510) £1,720 (£4,225) (£4,170) £2,335 (£1,610) (£1,555) £11,955 £2,510 £2,565
Net Profit/Sales 0.00% 0.00% 0.00% 17.50% -108.51% -105.37% 21.19% -22.72% -21.75% 52.12% 18.59% 18.91%
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 £0 £0 £0 £328 £9,632 £3,896 £4,193 £10,890 £7,087 £7,675 £22,623
Subtotal Cash from Operations £0 £0 £0 £0 £328 £9,632 £3,896 £4,193 £10,890 £7,087 £7,675 £22,623
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 £50,000 £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 £50,000 £0 £0 £328 £9,632 £3,896 £4,193 £10,890 £7,087 £7,675 £22,623
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 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000 £6,084 £6,084 £6,084
Bill Payments £68 £2,063 £2,425 £2,445 £3,025 £3,034 £3,061 £3,601 £3,610 £3,658 £4,814 £4,822
Subtotal Spent on Operations £5,068 £7,063 £7,425 £7,445 £8,025 £8,034 £8,061 £8,601 £8,610 £9,742 £10,898 £10,906
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 £663 £669 £673 £678 £683 £688 £693 £699 £704
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 £5,068 £7,063 £7,425 £8,108 £8,694 £8,707 £8,739 £9,284 £9,298 £10,435 £11,597 £11,610
Net Cash Flow (£5,068) £42,938 (£7,425) (£8,108) (£8,367) £925 (£4,843) (£5,091) £1,592 (£3,348) (£3,922) £11,013
Cash Balance £5,932 £48,869 £41,444 £33,336 £24,970 £25,895 £21,051 £15,960 £17,552 £14,204 £10,282 £21,295
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 £11,000 £5,932 £48,869 £41,444 £33,336 £24,970 £25,895 £21,051 £15,960 £17,552 £14,204 £10,282 £21,295
Accounts Receivable £0 £0 £0 £0 £9,830 £13,396 £7,721 £14,847 £17,739 £13,998 £29,848 £35,674 £26,616
Other Current Assets £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Current Assets £11,000 £5,932 £48,869 £41,444 £43,166 £38,366 £33,616 £35,898 £33,699 £31,550 £44,052 £45,956 £47,911
Long-term Assets
Long-term Assets £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Accumulated Depreciation £0 £85 £170 £255 £340 £425 £510 £595 £680 £765 £850 £935 £1,020
Total Long-term Assets £0 (£85) (£170) (£255) (£340) (£425) (£510) (£595) (£680) (£765) (£850) (£935) (£1,020)
Total Assets £11,000 £5,847 £48,699 £41,189 £42,826 £37,941 £33,106 £35,303 £33,019 £30,785 £43,202 £45,021 £46,891
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 £1,982 £2,344 £2,344 £2,924 £2,933 £2,941 £3,481 £3,489 £3,498 £4,653 £4,661 £4,670
Current Borrowing £0 £0 £50,000 £50,000 £49,337 £48,668 £47,995 £47,317 £46,634 £45,946 £45,253 £44,554 £43,850
Other Current Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal Current Liabilities £0 £1,982 £52,344 £52,344 £52,261 £51,601 £50,936 £50,798 £50,123 £49,444 £49,906 £49,215 £48,520
Long-term Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Liabilities £0 £1,982 £52,344 £52,344 £52,261 £51,601 £50,936 £50,798 £50,123 £49,444 £49,906 £49,215 £48,520
Paid-in Capital £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428 £31,428
Retained Earnings (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428) (£20,428)
Earnings £0 (£7,135) (£14,645) (£22,155) (£20,435) (£24,660) (£28,830) (£26,495) (£28,105) (£29,659) (£17,704) (£15,194) (£12,629)
Total Capital £11,000 £3,865 (£3,645) (£11,155) (£9,435) (£13,660) (£17,830) (£15,495) (£17,105) (£18,659) (£6,704) (£4,194) (£1,629)
Total Liabilities and Capital £11,000 £5,847 £48,699 £41,189 £42,826 £37,941 £33,106 £35,303 £33,019 £30,785 £43,202 £45,021 £46,891
Net Worth £11,000 £3,865 (£3,645) (£11,155) (£9,435) (£13,660) (£17,830) (£15,495) (£17,105) (£18,659) (£6,704) (£4,194) (£1,629)