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Medical Equipment Developer Business Plan

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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
Sales
Visi-Band (direct) 0% £0 £0 £0 £0 £0 £0 £0 £0 £0 £16,250 £19,500 £26,000
Visi-Band (distributor) 0% £0 £0 £0 £0 £0 £0 £0 £0 £0 £32,500 £39,000 £65,000
Other 0% £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £48,750 £58,500 £91,000
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
Visi-Band (direct) £0 £0 £0 £0 £0 £0 £0 £0 £0 £3,250 £3,900 £5,200
Visi-Band (distributor) £0 £0 £0 £0 £0 £0 £0 £0 £0 £12,025 £14,430 £24,050
Other £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal Direct Cost of Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £15,275 £18,330 £29,250
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
Production Manager £0 £0 £0 £0 £0 £0 £0 £0 £5,000 £5,000 £5,000 £5,000
Assembly Workers £0 £0 £0 £0 £0 £0 £0 £0 £6,000 £6,000 £6,000 £6,000
Subtotal £0 £0 £0 £0 £0 £0 £0 £0 £11,000 £11,000 £11,000 £11,000
Sales and Marketing Personnel
VP Sales & Marketing £0 £0 £0 £0 £0 £0 £0 £0 £7,500 £7,500 £7,500 £7,500
Sales Manager £0 £0 £0 £0 £0 £0 £0 £0 £5,000 £5,000 £5,000 £5,000
Field Sales Mgr. £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Marketing/Product Mgr. £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Sales Reps (3) £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Sales Administrator £0 £0 £0 £0 £0 £0 £0 £0 £2,000 £2,000 £2,000 £2,000
Subtotal £0 £0 £0 £0 £0 £0 £0 £0 £14,500 £14,500 £14,500 £14,500
General and Administrative Personnel
CEO £0 £0 £0 £0 £0 £8,000 £8,000 £8,000 £8,000 £8,000 £8,000 £8,000
VP Corp Development £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500
CFO £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Executive Assistant £0 £0 £0 £0 £0 £2,400 £2,400 £2,400 £2,400 £2,400 £2,400 £2,400
Executive Secretary £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Controller £0 £0 £0 £0 £0 £3,600 £3,600 £3,600 £3,600 £3,600 £3,600 £3,600
Administrative Staff (4) £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal £3,500 £3,500 £3,500 £3,500 £3,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500
Other Personnel
VP Research & Dev. £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500
Design Engineer £0 £0 £0 £0 £0 £0 £7,000 £7,000 £7,000 £7,000 £7,000 £7,000
Compliance Specialist £0 £0 £0 £0 £0 £0 £4,000 £4,000 £4,000 £4,000 £4,000 £4,000
Junior Engineer £0 £0 £0 £0 £0 £0 £0 £0 £4,000 £4,000 £4,000 £4,000
Research Engineers (3) £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £14,500 £14,500 £18,500 £18,500 £18,500 £18,500
Total People 0 0 0 0 0 0 0 0 0 0 0 0
Total Payroll £7,000 £7,000 £7,000 £7,000 £7,000 £21,000 £32,000 £32,000 £61,500 £61,500 £61,500 £61,500
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 £0 £0 £0 £0 £0 £0 £48,750 £58,500 £91,000
Direct Cost of Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £15,275 £18,330 £29,250
Production Payroll £0 £0 £0 £0 £0 £0 £0 £0 £11,000 £11,000 £11,000 £11,000
Other Costs of Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Cost of Sales £0 £0 £0 £0 £0 £0 £0 £0 £11,000 £26,275 £29,330 £40,250
Gross Margin £0 £0 £0 £0 £0 £0 £0 £0 (£11,000) £22,475 £29,170 £50,750
Gross Margin % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 46.10% 49.86% 55.77%
Operating Expenses
Sales and Marketing Expenses
Sales and Marketing Payroll £0 £0 £0 £0 £0 £0 £0 £0 £14,500 £14,500 £14,500 £14,500
Advertising/Promotion £0 £0 £0 £0 £0 £0 £0 £0 £4,000 £4,000 £4,000 £4,000
Travel £0 £0 £0 £0 £5,000 £0 £0 £0 £2,000 £2,000 £2,000 £2,000
Miscellaneous £0 £0 £0 £0 £0 £0 £0 £0 £1,500 £1,500 £1,500 £1,500
Total Sales and Marketing Expenses £0 £0 £0 £0 £5,000 £0 £0 £0 £22,000 £22,000 £22,000 £22,000
Sales and Marketing % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 45.13% 37.61% 24.18%
General and Administrative Expenses
General and Administrative Payroll £3,500 £3,500 £3,500 £3,500 £3,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500
Marketing/Promotion £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Depreciation £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Leased Equipment £0 £0 £0 £0 £0 £0 £0 £400,000 £0 £0 £0 £600,000
Rent £2,325 £2,325 £2,325 £2,325 £2,325 £2,325 £7,500 £7,500 £7,500 £7,500 £7,500 £7,500
Utilities £0 £0 £0 £250 £250 £250 £250 £800 £800 £800 £800 £800
Insurance £0 £0 £0 £3,000 £3,000 £3,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000
Legal Expenses 0% £1,050 £9,890 £8,123 £10,000 £10,000 £8,000 £4,800 £4,800 £9,225 £9,225 £9,225 £9,225
Payroll Taxes 15% £1,050 £1,050 £1,050 £1,050 £1,050 £3,150 £4,800 £4,800 £9,225 £9,225 £9,225 £9,225
Other General and Administrative Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total General and Administrative Expenses £7,925 £16,765 £14,998 £20,125 £20,125 £34,225 £39,850 £440,400 £49,250 £49,250 £49,250 £649,250
General and Administrative % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 101.03% 84.19% 713.46%
Other Expenses:
Other Payroll £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £14,500 £14,500 £18,500 £18,500 £18,500 £18,500
Consultants £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Contract/Consultants £0 £0 £3,000 £0 £0 £0 £0 £0 £3,000 £3,000 £3,000 £3,000
Total Other Expenses £3,500 £3,500 £6,500 £3,500 £3,500 £3,500 £14,500 £14,500 £21,500 £21,500 £21,500 £21,500
Other % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 44.10% 36.75% 23.63%
Total Operating Expenses £11,425 £20,265 £21,498 £23,625 £28,625 £37,725 £54,350 £454,900 £92,750 £92,750 £92,750 £692,750
Profit Before Interest and Taxes (£11,425) (£20,265) (£21,498) (£23,625) (£28,625) (£37,725) (£54,350) (£454,900) (£103,750) (£70,275) (£63,580) (£642,000)
EBITDA (£11,425) (£20,265) (£21,498) (£23,625) (£28,625) (£37,725) (£54,350) (£454,900) (£103,750) (£70,275) (£63,580) (£642,000)
Interest Expense £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £5,000
Taxes Incurred £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Net Profit (£11,425) (£20,265) (£21,498) (£23,625) (£28,625) (£37,725) (£54,350) (£454,900) (£103,750) (£70,275) (£63,580) (£647,000)
Net Profit/Sales 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -144.15% -108.68% -710.99%
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 £17,063 £20,475 £31,850
Cash from Receivables £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £1,056 £31,899
Subtotal Cash from Operations £0 £0 £0 £0 £0 £0 £0 £0 £0 £17,063 £21,531 £63,749
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 £600,000
New Long-term Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £600,000
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 £450,000 £400,000 £0 £0 £0 £0 £0 £0
Subtotal Cash Received £0 £0 £0 £0 £450,000 £400,000 £0 £0 £0 £17,063 £21,531 £1,263,749
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 £7,000 £7,000 £7,000 £7,000 £7,000 £21,000 £32,000 £32,000 £61,500 £61,500 £61,500 £61,500
Bill Payments £148 £4,720 £13,306 £14,569 £16,792 £21,462 £16,913 £35,702 £410,212 £43,268 £72,495 £84,428
Subtotal Spent on Operations £7,148 £11,720 £20,306 £21,569 £23,792 £42,462 £48,913 £67,702 £471,712 £104,768 £133,995 £145,928
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 £7,148 £11,720 £20,306 £21,569 £23,792 £42,462 £48,913 £67,702 £471,712 £104,768 £133,995 £145,928
Net Cash Flow (£7,148) (£11,720) (£20,306) (£21,569) £426,208 £357,538 (£48,913) (£67,702) (£471,712) (£87,706) (£112,463) £1,117,821
Cash Balance £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £174,973 £62,510 £1,180,331
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 £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £174,973 £62,510 £1,180,331
Accounts Receivable £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £31,688 £68,656 £95,908
Inventory £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £15,275 £18,330 £29,250
Other Current Assets £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Current Assets £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £221,935 £149,496 £1,305,488
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 £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £221,935 £149,496 £1,305,488
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 £4,278 £12,823 £14,015 £16,071 £20,904 £16,167 £21,605 £408,803 £40,842 £70,373 £61,514 £664,506
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 £600,000
Subtotal Current Liabilities £0 £4,278 £12,823 £14,015 £16,071 £20,904 £16,167 £21,605 £408,803 £40,842 £70,373 £61,514 £1,264,506
Long-term Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £600,000
Total Liabilities £0 £4,278 £12,823 £14,015 £16,071 £20,904 £16,167 £21,605 £408,803 £40,842 £70,373 £61,514 £1,864,506
Paid-in Capital £258,000 £258,000 £258,000 £258,000 £258,000 £708,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000
Retained Earnings (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000)
Earnings £0 (£11,425) (£31,690) (£53,188) (£76,813) (£105,438) (£143,163) (£197,513) (£652,413) (£756,163) (£826,438) (£890,018) (£1,537,018)
Total Capital £128,000 £116,575 £96,310 £74,812 £51,187 £472,562 £834,837 £780,487 £325,587 £221,837 £151,562 £87,982 (£559,018)
Total Liabilities and Capital £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £221,935 £149,496 £1,305,488
Net Worth £128,000 £116,575 £96,310 £74,812 £51,187 £472,562 £834,837 £780,487 £325,587 £221,837 £151,562 £87,982 (£559,018)
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
Sales
Visi-Band (direct) 0% £0 £0 £0 £0 £0 £0 £0 £0 £0 £16,250 £19,500 £26,000
Visi-Band (distributor) 0% £0 £0 £0 £0 £0 £0 £0 £0 £0 £32,500 £39,000 £65,000
Other 0% £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £48,750 £58,500 £91,000
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
Visi-Band (direct) £0 £0 £0 £0 £0 £0 £0 £0 £0 £3,250 £3,900 £5,200
Visi-Band (distributor) £0 £0 £0 £0 £0 £0 £0 £0 £0 £12,025 £14,430 £24,050
Other £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal Direct Cost of Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £15,275 £18,330 £29,250
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
Production Manager £0 £0 £0 £0 £0 £0 £0 £0 £5,000 £5,000 £5,000 £5,000
Assembly Workers £0 £0 £0 £0 £0 £0 £0 £0 £6,000 £6,000 £6,000 £6,000
Subtotal £0 £0 £0 £0 £0 £0 £0 £0 £11,000 £11,000 £11,000 £11,000
Sales and Marketing Personnel
VP Sales & Marketing £0 £0 £0 £0 £0 £0 £0 £0 £7,500 £7,500 £7,500 £7,500
Sales Manager £0 £0 £0 £0 £0 £0 £0 £0 £5,000 £5,000 £5,000 £5,000
Field Sales Mgr. £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Marketing/Product Mgr. £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Sales Reps (3) £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Sales Administrator £0 £0 £0 £0 £0 £0 £0 £0 £2,000 £2,000 £2,000 £2,000
Subtotal £0 £0 £0 £0 £0 £0 £0 £0 £14,500 £14,500 £14,500 £14,500
General and Administrative Personnel
CEO £0 £0 £0 £0 £0 £8,000 £8,000 £8,000 £8,000 £8,000 £8,000 £8,000
VP Corp Development £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500
CFO £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Executive Assistant £0 £0 £0 £0 £0 £2,400 £2,400 £2,400 £2,400 £2,400 £2,400 £2,400
Executive Secretary £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Controller £0 £0 £0 £0 £0 £3,600 £3,600 £3,600 £3,600 £3,600 £3,600 £3,600
Administrative Staff (4) £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal £3,500 £3,500 £3,500 £3,500 £3,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500
Other Personnel
VP Research & Dev. £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £3,500
Design Engineer £0 £0 £0 £0 £0 £0 £7,000 £7,000 £7,000 £7,000 £7,000 £7,000
Compliance Specialist £0 £0 £0 £0 £0 £0 £4,000 £4,000 £4,000 £4,000 £4,000 £4,000
Junior Engineer £0 £0 £0 £0 £0 £0 £0 £0 £4,000 £4,000 £4,000 £4,000
Research Engineers (3) £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Subtotal £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £14,500 £14,500 £18,500 £18,500 £18,500 £18,500
Total People 0 0 0 0 0 0 0 0 0 0 0 0
Total Payroll £7,000 £7,000 £7,000 £7,000 £7,000 £21,000 £32,000 £32,000 £61,500 £61,500 £61,500 £61,500
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 £0 £0 £0 £0 £0 £0 £48,750 £58,500 £91,000
Direct Cost of Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £15,275 £18,330 £29,250
Production Payroll £0 £0 £0 £0 £0 £0 £0 £0 £11,000 £11,000 £11,000 £11,000
Other Costs of Sales £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Cost of Sales £0 £0 £0 £0 £0 £0 £0 £0 £11,000 £26,275 £29,330 £40,250
Gross Margin £0 £0 £0 £0 £0 £0 £0 £0 (£11,000) £22,475 £29,170 £50,750
Gross Margin % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 46.10% 49.86% 55.77%
Operating Expenses
Sales and Marketing Expenses
Sales and Marketing Payroll £0 £0 £0 £0 £0 £0 £0 £0 £14,500 £14,500 £14,500 £14,500
Advertising/Promotion £0 £0 £0 £0 £0 £0 £0 £0 £4,000 £4,000 £4,000 £4,000
Travel £0 £0 £0 £0 £5,000 £0 £0 £0 £2,000 £2,000 £2,000 £2,000
Miscellaneous £0 £0 £0 £0 £0 £0 £0 £0 £1,500 £1,500 £1,500 £1,500
Total Sales and Marketing Expenses £0 £0 £0 £0 £5,000 £0 £0 £0 £22,000 £22,000 £22,000 £22,000
Sales and Marketing % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 45.13% 37.61% 24.18%
General and Administrative Expenses
General and Administrative Payroll £3,500 £3,500 £3,500 £3,500 £3,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500 £17,500
Marketing/Promotion £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Depreciation £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Leased Equipment £0 £0 £0 £0 £0 £0 £0 £400,000 £0 £0 £0 £600,000
Rent £2,325 £2,325 £2,325 £2,325 £2,325 £2,325 £7,500 £7,500 £7,500 £7,500 £7,500 £7,500
Utilities £0 £0 £0 £250 £250 £250 £250 £800 £800 £800 £800 £800
Insurance £0 £0 £0 £3,000 £3,000 £3,000 £5,000 £5,000 £5,000 £5,000 £5,000 £5,000
Legal Expenses 0% £1,050 £9,890 £8,123 £10,000 £10,000 £8,000 £4,800 £4,800 £9,225 £9,225 £9,225 £9,225
Payroll Taxes 15% £1,050 £1,050 £1,050 £1,050 £1,050 £3,150 £4,800 £4,800 £9,225 £9,225 £9,225 £9,225
Other General and Administrative Expenses £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total General and Administrative Expenses £7,925 £16,765 £14,998 £20,125 £20,125 £34,225 £39,850 £440,400 £49,250 £49,250 £49,250 £649,250
General and Administrative % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 101.03% 84.19% 713.46%
Other Expenses:
Other Payroll £3,500 £3,500 £3,500 £3,500 £3,500 £3,500 £14,500 £14,500 £18,500 £18,500 £18,500 £18,500
Consultants £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Contract/Consultants £0 £0 £3,000 £0 £0 £0 £0 £0 £3,000 £3,000 £3,000 £3,000
Total Other Expenses £3,500 £3,500 £6,500 £3,500 £3,500 £3,500 £14,500 £14,500 £21,500 £21,500 £21,500 £21,500
Other % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 44.10% 36.75% 23.63%
Total Operating Expenses £11,425 £20,265 £21,498 £23,625 £28,625 £37,725 £54,350 £454,900 £92,750 £92,750 £92,750 £692,750
Profit Before Interest and Taxes (£11,425) (£20,265) (£21,498) (£23,625) (£28,625) (£37,725) (£54,350) (£454,900) (£103,750) (£70,275) (£63,580) (£642,000)
EBITDA (£11,425) (£20,265) (£21,498) (£23,625) (£28,625) (£37,725) (£54,350) (£454,900) (£103,750) (£70,275) (£63,580) (£642,000)
Interest Expense £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £5,000
Taxes Incurred £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Net Profit (£11,425) (£20,265) (£21,498) (£23,625) (£28,625) (£37,725) (£54,350) (£454,900) (£103,750) (£70,275) (£63,580) (£647,000)
Net Profit/Sales 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -144.15% -108.68% -710.99%
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 £17,063 £20,475 £31,850
Cash from Receivables £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £1,056 £31,899
Subtotal Cash from Operations £0 £0 £0 £0 £0 £0 £0 £0 £0 £17,063 £21,531 £63,749
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 £600,000
New Long-term Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £600,000
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 £450,000 £400,000 £0 £0 £0 £0 £0 £0
Subtotal Cash Received £0 £0 £0 £0 £450,000 £400,000 £0 £0 £0 £17,063 £21,531 £1,263,749
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 £7,000 £7,000 £7,000 £7,000 £7,000 £21,000 £32,000 £32,000 £61,500 £61,500 £61,500 £61,500
Bill Payments £148 £4,720 £13,306 £14,569 £16,792 £21,462 £16,913 £35,702 £410,212 £43,268 £72,495 £84,428
Subtotal Spent on Operations £7,148 £11,720 £20,306 £21,569 £23,792 £42,462 £48,913 £67,702 £471,712 £104,768 £133,995 £145,928
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 £7,148 £11,720 £20,306 £21,569 £23,792 £42,462 £48,913 £67,702 £471,712 £104,768 £133,995 £145,928
Net Cash Flow (£7,148) (£11,720) (£20,306) (£21,569) £426,208 £357,538 (£48,913) (£67,702) (£471,712) (£87,706) (£112,463) £1,117,821
Cash Balance £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £174,973 £62,510 £1,180,331
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 £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £174,973 £62,510 £1,180,331
Accounts Receivable £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £31,688 £68,656 £95,908
Inventory £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £15,275 £18,330 £29,250
Other Current Assets £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0
Total Current Assets £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £221,935 £149,496 £1,305,488
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 £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £221,935 £149,496 £1,305,488
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 £4,278 £12,823 £14,015 £16,071 £20,904 £16,167 £21,605 £408,803 £40,842 £70,373 £61,514 £664,506
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 £600,000
Subtotal Current Liabilities £0 £4,278 £12,823 £14,015 £16,071 £20,904 £16,167 £21,605 £408,803 £40,842 £70,373 £61,514 £1,264,506
Long-term Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £600,000
Total Liabilities £0 £4,278 £12,823 £14,015 £16,071 £20,904 £16,167 £21,605 £408,803 £40,842 £70,373 £61,514 £1,864,506
Paid-in Capital £258,000 £258,000 £258,000 £258,000 £258,000 £708,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000 £1,108,000
Retained Earnings (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000) (£130,000)
Earnings £0 (£11,425) (£31,690) (£53,188) (£76,813) (£105,438) (£143,163) (£197,513) (£652,413) (£756,163) (£826,438) (£890,018) (£1,537,018)
Total Capital £128,000 £116,575 £96,310 £74,812 £51,187 £472,562 £834,837 £780,487 £325,587 £221,837 £151,562 £87,982 (£559,018)
Total Liabilities and Capital £128,000 £120,853 £109,133 £88,827 £67,258 £493,466 £851,005 £802,092 £734,390 £262,679 £221,935 £149,496 £1,305,488
Net Worth £128,000 £116,575 £96,310 £74,812 £51,187 £472,562 £834,837 £780,487 £325,587 £221,837 £151,562 £87,982 (£559,018)