EXPERIMENT W/SCORE TEMPLATE

Required Start-Up Funds for a New Business or

Opening Balance Sheet for an Existing Business
Required Start-Up Funds
Fixed Assets
Real Estate-Land
Buildings
Leasehold Improvements
Equipment
Furniture and Fixtures
Vehicles
App

Amount
$

5,000
5,000

Totals

Total Fixed Assets

Operating Capital
Pre-Opening Salaries and Wages
Prepaid Insurance Premiums
Inventory
Legal and Accounting Fees
Rent Deposits
Utility Deposits
Supplies
Advertising and Promotions
Licenses
Other Initial Start-Up Costs
Working Capital (Cash On Hand)

Depreciation

20.00
7.00
2.00
5.00
5.00
5.00

Notes

years
years
years
years
years
years

Computers

10,000
Amortized Start-up
Amortized Start-up
Amortized Start-up
Amortized Start-up
Amortized Start-up
Amortized Start-up
Amortized Start-up
Amortized Start-up
Amortized Start-up
Amortized Start-up
this is the owners research, time, etc. to get to this point.
For existing businesses = Cash+Ppd Exp+A/R-A/P-Accrd Exp See Note below#

8,000
3,000
625
3,000
5,000

Total Operating Capital

19,625

Total Required Funds

29,625

Sources of Funding
Owner's Equity
Outside Investors
Additional Loans or Debt
Commercial Loan
Commercial Mortgage
Credit Card Debt
Vehicle Loans
Other Bank Debt

Amount
1.11%
66.67%

Totals
5,000
300,000

32.22%
0.00%
0.00%
0.00%
0.00%

145,000
-

Total Sources of Funding

100.00%

450,000

Loan Rate

6.00%
8.00%
7.00%
6.00%
5.00%

Term in Months

84.00
240.00
60.00
48.00
36.00

Monthly Payments

$2,118.24
$0.00
$0.00
$0.00
$0.00
$2,118.24

EXPERIMENT W/SCORE TEMPLATE

Salaries and Wages

Salaries and Related Expenses

Assumptions

Wage Base

Monthly

Year One

Percent Change
Salaries and Wages
Owner's Compensation
Salaries
Wages
Full-Time Employees
Estimated Hours Per Week
Estimated Rate Per Hour
Part-Time Employees
Estimated Hours Per Week
Estimated Rate Per Hour
Independent Contractors
Total Salaries and Wages
Payroll Taxes and Benefits
Social Security
Medicare
Federal Unemployment Tax (FUTA)
State Unemployment Tax (SUTA)
Employee Pension Programs
Worker's Compensation
Employee Health Insurance
Other Employee Benefit Programs
Total Payroll Taxes and Benefits

Total Salaries and Related Expenses

5
0

2
$

40.00
12.00

24.00
10.00

6.20%
1.45%
0.80%
2.70%
0.00%
0.00%
0.00%
4.00%

$
$

Year Two

Year Three

4.00%

4.50%

1,500
-

18,000
-

18,720
-

19,562
-

4,160

49,920

51,917

54,253

2,080

24,960

25,958

27,127

7,740

92,880

96,595

100,942

480
112
310
902

5,759
1,347
3,715
10,821

5,989
1,401
3,864
11,253

6,258
1,464
4,038
11,760

8,642

103,701

107,849

112,702

EXPERIMENT W/SCORE TEMPLATE

Fixed Operating Expenses

Fixed Operating Expenses

Percent Change

Monthly

Year One

Years 2 & 3 >

Expenses
Advertising
Car and Truck Expenses
Bank & Merchant Fees
Contract Labor
Conferences & Seminars
Customer Discounts and Refunds
Dues and Subscriptions
Miscellaneous
Insurance (Liability and Property)
Licenses/Fees/Permits
Legal and Professional Fees
Office Expenses & Supplies
Postage and Delivery
Rent (on business property)
Rent of Vehicles and Equipment
Sales & Marketing
Taxes-Other
Telephone and Communications
Travel
Utilities
Total Expenses
Other Expenses
Depreciation from Sheet 1
Interest
Commercial Loan
Commercial Mortgage
Line of Credit
Credit Card Debt
Vehicle Loans
Other Bank Debt
Total Other Expenses

Total Fixed Operating Expenses

10,000
400
1,000
3,500
3,000

Year Two

Year Three

25.00%

50.00%

2,500
2,000
22,400

120,000
4,800
12,000
42,000
36,000
30,000
24,000
268,800

150,000
6,000
15,000
52,500
45,000
37,500
30,000
336,000

225,000
9,000
22,500
78,750
67,500
56,250
45,000
504,000

292

3,500

3,500

3,500

686
-

8,232
-

6,047
9,547

513,547

#VALUE!

#VALUE!

7,172
10,672

#VALUE!

#VALUE!

346,672

#VALUE!

#VALUE!
-