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Plan Outline
Home Interior Design Business Plan
Hamlin and Park Design
This sample business plan can be edited directly in Business Plan Pro software.
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 | |||||||||||||
| Remodeling Projects | 0% | £2,100 | £2,200 | £3,020 | £6,000 | £8,500 | £12,000 | £14,000 | £18,000 | £10,022 | £5,210 | £3,820 | £2,800 |
| New Home Construction | 0% | £0 | £0 | £2,000 | £3,000 | £4,000 | £5,000 | £7,000 | £8,000 | £5,000 | £3,000 | £2,000 | £2,000 |
| Interior Design of Existing Home | 0% | £3,000 | £3,000 | £4,240 | £6,300 | £9,000 | £11,000 | £14,000 | £17,000 | £13,000 | £4,322 | £3,222 | £2,655 |
| Total Sales | £5,100 | £5,200 | £9,260 | £15,300 | £21,500 | £28,000 | £35,000 | £43,000 | £28,022 | £12,532 | £9,042 | £7,455 | |
| 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 | |
| Remodeling Projects | £0 | £230 | £433 | £630 | £950 | £1,201 | £1,550 | £1,700 | £850 | £530 | £300 | £260 | |
| New Home Construction | £0 | £0 | £300 | £400 | £500 | £600 | £700 | £900 | £800 | £600 | £400 | £300 | |
| Interior Design of Existing Home | £0 | £320 | £590 | £800 | £1,002 | £1,202 | £1,409 | £1,650 | £1,200 | £390 | £280 | £248 | |
| Subtotal Direct Cost of Sales | £0 | £550 | £1,323 | £1,830 | £2,452 | £3,003 | £3,659 | £4,250 | £2,850 | £1,520 | £980 | £808 | |
| 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 | ||
| Courtney Hamlin | 0% | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 |
| Katherine Park | 0% | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 |
| Total People | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| Total Payroll | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | |
| 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 | 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 | £5,100 | £5,200 | £9,260 | £15,300 | £21,500 | £28,000 | £35,000 | £43,000 | £28,022 | £12,532 | £9,042 | £7,455 | |
| Direct Cost of Sales | £0 | £550 | £1,323 | £1,830 | £2,452 | £3,003 | £3,659 | £4,250 | £2,850 | £1,520 | £980 | £808 | |
| Other Production Expenses | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Total Cost of Sales | £0 | £550 | £1,323 | £1,830 | £2,452 | £3,003 | £3,659 | £4,250 | £2,850 | £1,520 | £980 | £808 | |
| Gross Margin | £5,100 | £4,650 | £7,937 | £13,470 | £19,048 | £24,997 | £31,341 | £38,750 | £25,172 | £11,012 | £8,062 | £6,647 | |
| Gross Margin % | 100.00% | 89.42% | 85.71% | 88.04% | 88.60% | 89.28% | 89.55% | 90.12% | 89.83% | 87.87% | 89.16% | 89.16% | |
| Expenses | |||||||||||||
| Payroll | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | |
| Sales and Marketing and Other Expenses | £500 | £500 | £500 | £500 | £500 | £500 | £500 | £500 | £500 | £500 | £500 | £500 | |
| 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 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | |
| Insurance | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | £200 | |
| Rent | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | |
| Payroll Taxes | 15% | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 | £1,200 |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Total Operating Expenses | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | £13,300 | |
| Profit Before Interest and Taxes | (£8,200) | (£8,650) | (£5,363) | £170 | £5,748 | £11,697 | £18,041 | £25,450 | £11,872 | (£2,288) | (£5,238) | (£6,653) | |
| EBITDA | (£8,200) | (£8,650) | (£5,363) | £170 | £5,748 | £11,697 | £18,041 | £25,450 | £11,872 | (£2,288) | (£5,238) | (£6,653) | |
| Interest Expense | £245 | £241 | £236 | £232 | £227 | £223 | £218 | £213 | £209 | £204 | £200 | £195 | |
| Taxes Incurred | (£2,534) | (£2,667) | (£1,680) | (£18) | £1,656 | £3,442 | £5,347 | £7,571 | £3,499 | (£748) | (£1,631) | (£2,054) | |
| Net Profit | (£5,912) | (£6,224) | (£3,919) | (£43) | £3,865 | £8,032 | £12,476 | £17,666 | £8,164 | (£1,745) | (£3,806) | (£4,794) | |
| Net Profit/Sales | -115.92% | -119.68% | -42.33% | -0.28% | 17.98% | 28.69% | 35.65% | 41.08% | 29.14% | -13.92% | -42.10% | -64.30% | |
| 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 | £2,550 | £2,600 | £4,630 | £7,650 | £10,750 | £14,000 | £17,500 | £21,500 | £14,011 | £6,266 | £4,521 | £3,728 | |
| Cash from Receivables | £0 | £85 | £2,552 | £2,668 | £4,731 | £7,753 | £10,858 | £14,117 | £17,633 | £21,250 | £13,753 | £6,208 | |
| Subtotal Cash from Operations | £2,550 | £2,685 | £7,182 | £10,318 | £15,481 | £21,753 | £28,358 | £35,617 | £31,644 | £27,516 | £18,274 | £9,935 | |
| 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 | £2,550 | £2,685 | £7,182 | £10,318 | £15,481 | £21,753 | £28,358 | £35,617 | £31,644 | £27,516 | £18,274 | £9,935 | |
| 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 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | |
| Bill Payments | £10,100 | £3,026 | £3,482 | £5,252 | £7,420 | £9,713 | £12,053 | £14,618 | £17,152 | £11,672 | £6,229 | £4,828 | |
| Subtotal Spent on Operations | £18,100 | £11,026 | £11,482 | £13,252 | £15,420 | £17,713 | £20,053 | £22,618 | £25,152 | £19,672 | £14,229 | £12,828 | |
| 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 | £550 | £550 | £550 | £550 | £550 | £550 | £550 | £550 | £550 | £550 | £550 | £550 | |
| 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 | £18,650 | £11,576 | £12,032 | £13,802 | £15,970 | £18,263 | £20,603 | £23,168 | £25,702 | £20,222 | £14,779 | £13,378 | |
| Net Cash Flow | (£16,100) | (£8,891) | (£4,850) | (£3,484) | (£489) | £3,490 | £7,755 | £12,449 | £5,943 | £7,295 | £3,495 | (£3,443) | |
| Cash Balance | £43,350 | £34,459 | £29,609 | £26,125 | £25,636 | £29,126 | £36,881 | £49,330 | £55,273 | £62,568 | £66,063 | £62,620 | |
| 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 | £59,450 | £43,350 | £34,459 | £29,609 | £26,125 | £25,636 | £29,126 | £36,881 | £49,330 | £55,273 | £62,568 | £66,063 | £62,620 |
| Accounts Receivable | £0 | £2,550 | £5,065 | £7,143 | £12,126 | £18,145 | £24,392 | £31,033 | £38,417 | £34,794 | £19,810 | £10,578 | £8,098 |
| Other Current Assets | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 |
| Total Current Assets | £79,450 | £65,900 | £59,524 | £56,752 | £58,250 | £63,781 | £73,518 | £87,915 | £107,747 | £110,067 | £102,378 | £96,641 | £90,717 |
| 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 | £79,450 | £65,900 | £59,524 | £56,752 | £58,250 | £63,781 | £73,518 | £87,915 | £107,747 | £110,067 | £102,378 | £96,641 | £90,717 |
| 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 | £2,911 | £3,309 | £5,007 | £7,098 | £9,314 | £11,569 | £14,040 | £16,757 | £11,462 | £6,067 | £4,687 | £4,107 |
| 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 | £2,911 | £3,309 | £5,007 | £7,098 | £9,314 | £11,569 | £14,040 | £16,757 | £11,462 | £6,067 | £4,687 | £4,107 |
| Long-term Liabilities | £30,000 | £29,450 | £28,900 | £28,350 | £27,800 | £27,250 | £26,700 | £26,150 | £25,600 | £25,050 | £24,500 | £23,950 | £23,400 |
| Total Liabilities | £40,000 | £32,361 | £32,209 | £33,357 | £34,898 | £36,564 | £38,269 | £40,190 | £42,357 | £36,512 | £30,567 | £28,637 | £27,507 |
| Paid-in Capital | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 |
| Retained Earnings | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) | (£20,550) |
| Earnings | £0 | (£5,912) | (£12,135) | (£16,055) | (£16,098) | (£12,233) | (£4,201) | £8,275 | £25,941 | £34,105 | £32,360 | £28,554 | £23,760 |
| Total Capital | £39,450 | £33,538 | £27,315 | £23,395 | £23,352 | £27,217 | £35,249 | £47,725 | £65,391 | £73,555 | £71,810 | £68,004 | £63,210 |
| Total Liabilities and Capital | £79,450 | £65,900 | £59,524 | £56,752 | £58,250 | £63,781 | £73,518 | £87,915 | £107,747 | £110,067 | £102,378 | £96,641 | £90,717 |
| Net Worth | £39,450 | £33,538 | £27,315 | £23,395 | £23,352 | £27,217 | £35,249 | £47,725 | £65,391 | £73,555 | £71,810 | £68,004 | £63,210 |