Académique Documents
Professionnel Documents
Culture Documents
Executive Summary
This section briefly tells your reader where your company is, where you want to
take it, and why your Airline business idea will be successful. The executive
summary should highlight the strengths of your overall plan and therefore be the
last section you write. However, it usually appears first in your business plan
document.
Example: ABC Airline LLC
airline will base its business and marketing
strategies on achieving high, and profitable, load factors through absorption of
unmet demand in three key air-traffic categories: unnerved and under-served
routes on which high unmet demand currently exists or can be readily
developed; serving key niche markets where demand is either unmet or poorly
served; and meeting peak traffic demands on certain key regional on demand.
Mission
It provides a rewarding and respectful work environment with Airline
compensation and benefits. The mission statement should be a clear and
succinct representation of the enterprise's purpose for existence. It should
incorporate socially meaningful and measurable criteria addressing concepts
such as the moral/ethical position of the enterprise, the target market,
products/services and expectations of growth and profitability.
Example: ABC Airline LLCs Mission is to provide a unique & relaxing flying
experience- similar to international quality. Design, develop & Market innovative
ideas to Airline business that are socially & environmentally responsible.
Objectives
Particular goals and objectives point a new business in the right direction and
keep an established Airline company on the right track. Just think about what
football would be without end zones or what the Indianapolis 500 would be
without a finish line.
Example: ABC Airline LLCs The proposed airline will have as its primary
objectives the following elements:
very high load factors can be predicted despite existing, but lower-quality,
competition.
Chart: Highlights
Highlights
1800000
1600000
1400000
1200000
1000000
800000
600000
400000
200000
0
sales
Revenue
1st year
2nd year
3rd year
Keys to Success
For a Airline product business plan, keep these five points
top of mind:
Example: ABC Airline LLC follows these steps for its key success,
highly professional management team that combines vision; realism;
financial ability; solid knowledge of the aviation business; familiarity with, and
belief in, the utilization and benefits of the latest aviation, electronic, and
informational technologies.
Company Summary
The Company Summary of a business plan provides a high level look at how all
of the different elements of your business fit together, including information
about the nature of your business and the success factors that you feel will make
your business successful and consequently, profitable.
Example: ABC Airline LLC Early on following its establishment in the region in
mid-2001, identified a growth opportunity in the aviation and travel sector in
USA. This opportunity is occasioned by growing economic, political, and social
stability, and consequent significant business expansion.
Company Ownership
As one of the company's goals is to focus on high quality workmanship, retaining
as much talent as possible is crucial. Therefore, the company plans to add more
partners to the firm as opportunities arise.
Start-up Summary
Start-up expenses for the company total $135,000 and will be distributed as
follows:
Example: ABC Airline LLCs The company will start with three months inventory
on hand for Airline and accessories as this is the main revenue generator.
Table: Start-up
START-UP REQUIREMENTS
Start-up Expenses
Legal - patent, trademark,
counsel
Consultants - marketing
Corporate/Product Identity
Research and Development
TOTAL START-UP EXPENSES
Start-up Assets
Cash Required
Start-up Inventory
Other Current Assets
Long-term Assets
TOTAL ASSETS
Total Requirements
Chart: Start-up
and
$6,000
$6,500
$5,000
$2,500
$20,000
$100,000
$0
$15,000
$0
$117,000
$135,000
60,000
50,000
40,000
expenses
30,000
#REF!
Assets
Investment
Loans
20,000
10,000
0
Example: ABC Airline LLC simply stated, is to fill a niche in the growing airtravel and cargo markets linking Western USA, and points beyond, to USA and
Turkey; to achieve high, and profitable, load factors by identifying and serving
key routes and city pairs currently unserved, under-served, or poorly served.
Year 4
Year 1
Year 2
65,81,339
65,83,569
68,53,963
70,26,073
49,92,798
68,47,697
67,68,024
71,77,077
51,99,186
69,17,743
3,23,01,870
3,26,45,598
Year 5
CAGR
65,85,066
66,84,963
73,18,521
54,06,877
69,99,165
3,29,94,591
66,37,228
65,61,209
74,32,621
56,16,124
71,01,496
3,33,48,67
8
67,26,652
64,19,631
75,18,721
57,76,934
72,66,916
3,37,08,854
0.55%
-1.62%
1.71%
3.71%
1.50%
1.07%
Example: ABC Airline LLC strategic plan help the customer to attract the key
features inbuilt in our services. We follow both print media & digital media for our
promotional strategy. Website Marketing Strategy Advertising on the Internet has
not yet proven to be very effective and will not be aggressively pursued initially.
Website awareness will be accomplished via more traditional forms of advertising
and product purchases.
Promotion Strategy
Promotion Strategy is the process through which a business can grow &
become well known to its customers. Our most important tactic will be word-ofmouth/in-store marketing process.
Sales Strategy
A sales strategy for a business plan consists of a plan that positions a companys
brand or product to gain a competitive advantage. Successful strategies help the
sales force to focus on target market customers and communicate with them in
relevant, meaningful ways.
Example: ABC Airline LLC Sales to individual consumers will be completed
through the company's website, by phone or fax, through catalogues and third
party websites. This initial strategy is intended to control growth and keep sales
in line with projections. As sales increase and more working capital become
available we will begin to focus on national retail sales.
Sales Forecast
Sales forecasts are estimates of your sales for the forecast period. The sales
forecast establishes the level of activity used in all the other forecasts and
budgets for the business. If your sales forecast varies wildly from your actual
results, your cash flow and profitability forecasts will similarly be inaccurate.
Example: The basic, off-the-shelf models, developed for high- and moderateincome consumers will be sold on the company's website, by phone and fax,
through catalogs and third party websites.
The following tables and charts show the growth of potential customers by years.
Table: Sales Forecast
Sales Forecast
Sales
Scoops
Bags
Total Sales
Direct Cost of Sales
Scoops
Year 1
Year 2
Year 3
$299,4
25
$99,22
5
$398,6
50
Year 1
$121,8
00
$755,200
$1,401,250
$527,513
$1,315,575
$1,282,713
$2,716,825
Year 2
$307,200
Year 3
$570,000
Bags
$44,10
0
Subtotal Direct Cost $165,9
of Sales
00
$234,450
$584,700
$541,650
$1,154,700
20000
18000
16000
14000
12000
10000
other
8000
Column2
6000
corporates
4000
2000
0
1800000
1600000
1400000
1200000
1000000
Column6
Column4
800000
600000
400000
200000
0
Year 1
Year 2
Year 3
Management Summary
A management summary is a short document or section of a document,
produced for business purposes, that summarizes a longer report or proposal or
a group of related reports in such a way that readers can rapidly become
acquainted with a large body of material without having to read it all.
Example: ABC Airline LLC planning to expand its personnel to add a number of
job superintendents as soon as the number of projects increases. ABC Airline LLC
Airline product innovator and marketing company based on a lean and agile
operations strategy. We will leverage limited resources by utilizing external
resources for product development assistance, manufacturing, fulfilment, and
marketing.
Personnel Plan
The difference between supply and demand will indicate the future quantitative
and qualitative need for personnel. This information has an effect on the
recruitment and development planning of the personnel and on the measures
taken.
Example: ABC Airline LLC the staff will include 15 full-time employees and 5 parttime employees, who will work a total of 800 hours per week and generate an
average weekly gross payroll of $4,600 for the first year in business.
Table: Personnel
Personnel Plan
TL McClendon
Part-time Sales Rep
Inventory/Office Mgmt.
Total People
Total Payroll
Year 1
$28,800
$0
$10,425
2
$39,225
Year 2
$32,000
$10,000
$28,000
3
$70,000
Year 3
$37,000
$13,000
$30,000
3
$80,000
Financial Plan
Financial planning is the task of determining how a business will afford to achieve
its strategic goals and objectives.
Example: Once the company reaches a sufficient level of profitability and
accumulates a cash reserve, ABC Airline LLCs plan to invest 50% of profits in
research and development of new products, existing product and operational
improvements, and to expand marketing and sales efforts to foreign markets.
38% of profits will be invested in low risk financial instruments.
Important Assumptions
Entrepreneurs often make two basic assumptions about a new Airline product
business: that they have product consumers will want and that the Airline
product business owner can make and sell the product profitably. An investor or
partner will want to see that youve done you are homework and can support
more key assumptions than those two, with research and data.
Table: General Assumptions
General Assumptions
Plan Month
Current Interest Rate
Long-term Interest Rate
Tax Rate
Other
Year 1
1
10.00%
10.00%
30.00%
0
Year 2
2
10.00%
10.00%
30.00%
0
Year 3
3
10.00%
10.00%
30.00%
0
20000
15000
10000
5000
-5000
30000
25000
20000
15000
10000
5000
0
90000
80000
70000
60000
50000
40000
30000
20000
10000
0
Year 1
Year 2
Year 3
Example: ABC Airline LLCs gross margin same-day collection is critical, and is
reasonable and customary in the Airline industry. The yearly gross margin is
shown below on table.
Table: Profit and Loss
Pro Forma Profit and Loss
Sales
Direct Cost of Sales
Other Costs of Goods
Total Cost of Sales
Gross Margin
Gross Margin %
Expenses
Payroll
Sales and Marketing and Other
Expenses
Depreciation
Rent
Utilities
Insurance
Payroll Taxes
Web site management
Business travel
Miscellaneous
Year 1
$148,802
$39,600
$0
$39,600
$104,200
72.46%
Year 2
$243,181
$67,145
$0
$67,145
$156,035
69.91%
Year 3
$348,767
$72,607
$0
$72,607
$176,141
70.81%
$39,225
$5,000
$70,000
$5,000
$80,000
$5,000
$0
$20,400
$2,400
$238
$0
$6,400
$6,000
$2,400
$0
$20,400
$2,400
$238
$0
$12,000
$8,000
$3,000
$0
$20,400
$2,400
$238
$0
$15,000
$10,000
$5,000
$82,063
$22,567
$22,137
$4,461
$5,303
$12,374
8.71%
$121,038
$34,432
$34,997
$3,506
$9,447
$22,044
9.78%
$138,038
$38,086
$38,103
$2,510
$10,678
$24,915
11.02%
Break-even Analysis
Breakeven analysis is used to determine when your business will be able to cover
all its expenses and begin to make a profit. It is important to identify your startup costs, which will help you determine your sales revenue needed to pay
ongoing business expenses.
Example: The following estimated break-even Analysis table & chart shows the
projected fixed & variable cost.
Table: Break-even Analysis
Break-even Analysis
Monthly Revenue Break-even
Assumptions:
Average Percent Variable Cost
Estimated Monthly Fixed Cost
$9,438
28%
$6,839
Break-even Analysis
12000
10000
8000
6000
4000
2000
0
0
2000
4000
6000
8000
12000
Year 1
Year 2
Year 3
$35,950
$46,790
$82,740
$55,795
$133,679
$189,474
$62,187
$175,704
$237,891
$0
$0
$0
$0
$0
$0
$75,000
$157,740
Year 1
$0
$0
$0
$0
$0
$0
$0
$189,474
Year 2
$0
$0
$0
$0
$0
$0
$0
$237,891
Year 3
$39,225
$78,089
$117,314
$70,000
$155,278
$225,278
$80,000
$145,235
$225,235
$0
$9,960
$0
$9,960
$0
$9,960
$0
$0
$0
$0
$0
$0
$0
$0
$0
$127,274
$30,466
$70,466
$0
$0
$0
$235,238
($45,764)
$24,702
$0
$0
$0
$235,195
$2,696
$27,398
Chart: Cash
90000
80000
70000
60000
50000
40000
30000
20000
10000
0
-10000
Year 1
Year 2
Year 3
$70,466
$61,060
$13,310
$0
$144,836
$24,702
$94,766
$22,568
$0
$142,037
$27,398
$105,623
$24,404
$0
$157,425
$0
$0
$0
Accumulated Depreciation
Total Long-term Assets
Total Assets
Liabilities and Capital
Current Liabilities
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
Long-term Liabilities
Total Liabilities
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
Net Worth
$0
$0
$144,836
Year 1
$0
$0
$142,037
Year 2
$0
$0
$157,425
Year 3
$26,422
$40,040
$0
$66,462
$0
$66,462
$97,200
($31,200)
$12,374
$78,374
$144,836
$78,374
$11,539
$30,080
$0
$41,619
$0
$41,619
$97,200
($18,826)
$22,044
$100,417
$142,037
$100,417
$11,973
$20,120
$0
$32,093
$0
$32,093
$97,200
$3,217
$24,915
$125,332
$157,425
$125,332
Business Ratios
It includes dozens of standard Airline product business ratios calculated from
Airline product business plans financials, and used and expected by bankers,
financial analysts, and investors. It also includes a column of statistical indicators
for the specific type of business.
Example: ABC Airline LLCs asset ratios differ from the industry standard for two
reasons:
1. Because we are operating initially as a home office with outsourced ticket
booking, we do not require any long-term assets at this stage.
2. Because our first sales approaches are to other professionals and the
government, rather than to individual consumers, we have a higher
percentage of assets as accounts receivable.
Table: Ratios
Ratio Analysis
Sales Growth
Percent of Total Assets
Accounts Receivable
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Total Assets
Year 1
Year 2
Year 3
0.00%
55.20%
11.46%
Industry
Profile
1.08%
42.16%
9.19%
0.00%
100.00%
0.00%
100.00%
66.72%
15.89%
0.00%
100.00%
0.00%
100.00%
67.09%
15.50%
0.00%
100.00%
0.00%
100.00%
22.01%
18.65%
36.34%
77.00%
23.00%
100.00%
Current Liabilities
Long-term Liabilities
Total Liabilities
Net Worth
Percent of Sales
Sales
Gross Margin
Selling, General & Administrative
Expenses
Advertising Expenses
Profit Before Interest and Taxes
Main Ratios
Current
Quick
Total Debt to Total Assets
Pre-tax Return on Net Worth
Pre-tax Return on Assets
Additional Ratios
Net Profit Margin
Return on Equity
Activity Ratios
Accounts Receivable Turnover
Collection Days
Inventory Turnover
Accounts Payable Turnover
Payment Days
Total Asset Turnover
Debt Ratios
Debt to Net Worth
Current Liab. to Liab.
Liquidity Ratios
Net Working Capital
Interest Coverage
Additional Ratios
Assets to Sales
Current Debt/Total Assets
Acid Test
Sales/Net Worth
Dividend Payout
45.89%
0.00%
45.89%
54.11%
29.30%
0.00%
29.30%
70.70%
20.39%
0.00%
20.39%
79.61%
27.21%
18.98%
46.19%
53.81%
100.00%
72.46%
49.91%
100.00%
69.91%
49.23%
100.00%
70.81%
49.60%
100.00%
38.34%
15.66%
0.00%
15.39%
0.00%
15.68%
0.00%
15.32%
1.52%
3.70%
2.18
1.98
45.89%
22.55%
12.20%
Year 1
8.60%
15.79%
3.41
2.87
29.30%
31.36%
22.17%
Year 2
9.88%
21.95%
4.91
4.14
20.39%
28.40%
22.61%
Year 3
10.02%
19.88%
1.83
1.01
58.09%
3.95%
9.42%
1.77
50
8.74
3.96
27
0.99
1.77
170
3.74
12.17
49
1.57
1.77
196
3.09
12.17
29
1.58
n.a
n.a
n.a
n.a
n.a
n.a
0.85
1
0.41
1
0.26
1
n.a
n.a
$78,374
4.96
$100,417
9.98
$125,332
15.18
n.a
n.a
1.01
46%
1.06
1.83
0
0.64
29%
0.59
2.22
0
0.63
20%
0.85
1.98
0
n.a
n.a
n.a
n.a
n.a
n.a
n.a
References
ABC Airline LLCs will first attempt to sell the operation and use the proceeds to
clear all outstanding balances. If unable to sell the operation for sufficient
proceeds we will force to default whereby the SBA loan will be in senior standing.
Sales
Basic small feeder
Basic medium feeder
Basic large feeder
Basic extra large feeder
Custom low-end feeder
Custom medium feeder
Custom high-end feeder
Total Sales
Direct Cost of Sales
0%
0%
0%
0%
0%
0%
0%
Month
1
Month 2
Month 3
Month 4
Month 5
$0
$0
$0
$0
$0
$0
$0
$0
Month
1
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Month 2
$0
$0
$0
$0
$0
$0
$0
$0
Month 3
$0
$0
$0
$0
$0
$0
$0
$0
Month 4
$0
$0
$0
$0
$1,200
$0
$0
$1,200
Month 5
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$500
$0
$0
$500
Month 6
Month
7
Month
8
Month
9
Month
10
Month
11
Month
12
$0
$0
$0
$0
$1,200
$0
$0
$0
$0
$2,40
0
$2,50
0
$8,00
0
$12,9
00
Month
7
$0
$0
$0
$0
$1,00
$0
$0
$0
$0
$1,20
0
$7,50
0
$4,00
0
$12,7
00
Month
8
$0
$0
$0
$0
$500
$0
$0
$0
$0
$4,80
0
$2,50
0
$4,00
0
$11,3
00
Month
9
$0
$0
$0
$0
$2,00
$0
$0
$0
$0
$8,40
0
$5,00
0
$2,00
0
$15,4
00
Month
10
$0
$0
$0
$0
$3,50
$0
$0
$0
$0
$9,60
0
$10,0
00
$16,0
00
$35,6
00
Month
11
$0
$0
$0
$0
$4,00
$0
$0
$0
$0
$12,0
00
$15,0
00
$20,0
00
$47,0
00
Month
12
$0
$0
$0
$0
$5,00
$2,500
$4,000
$7,700
Month 6
$0
$0
$0
$0
$500
$600
$700
$1,800
0
$1,20
0
$1,40
0
$3,60
0
$1,80
0
$700
$3,00
0
0
$600
$700
$3,30
0
0
$1,20
0
$1,40
0
$6,10
0
0
$2,40
0
$2,80
0
$9,20
0
0
$3,60
0
$3,50
0
$12,1
00
Table: Personnel
TL McClendon
Part-time Sales Rep
Inventory/Office Mgmt.
Total People
Total Payroll
Month 6
$2,400
$0
$0
1
$2,400
Month
7
$2,40
0
$0
$0
1
$2,40
0
Month
8
$2,40
0
$0
$2,08
5
2
$4,48
5
0%
0%
0%
Month
9
$2,40
0
$0
$2,08
5
2
$4,48
5
Month
1
$2,400
$0
$0
1
$2,400
Month
10
$2,40
0
$0
$2,08
5
2
$4,48
5
Month 2
Month 3
Month 4
Month 5
$2,400
$0
$0
1
$2,400
$2,400
$0
$0
1
$2,400
$2,400
$0
$0
1
$2,400
$2,400
$0
$0
1
$2,400
Month
11
$2,40
0
$0
$2,08
5
2
$4,48
5
Month
12
$2,40
0
$0
$2,08
5
2
$4,48
5
Plan Month
Current Interest Rate
Long-term Interest Rate
Tax Rate
Other
Month 6
6
10.00%
10.00%
30.00%
Month
7
7
10.00
%
10.00
%
30.00
%
Month
8
8
10.00
%
10.00
%
30.00
%
Month
9
9
10.00
%
10.00
%
30.00
%
Month
10
10
10.00
%
10.00
%
30.00
%
Month 2
Month 3
Month 4
Month 5
2
10.00%
10.00%
30.00%
0
3
10.00%
10.00%
30.00%
0
4
10.00%
10.00%
30.00%
0
5
10.00%
10.00%
30.00%
0
Month
11
11
10.00
%
10.00
%
30.00
%
Month
12
12
10.00
%
10.00
%
30.00
%
Sales
Direct Cost of Sales
Other Costs of Goods
Total Cost of Sales
Gross Margin
Gross Margin %
Expenses
Payroll
Sales and Marketing and
Other Expenses
Depreciation
Rent
Utilities
Insurance
Payroll Taxes
15%
Web site management
Business travel
15%
Miscellaneous
Total
Operating
Expenses
Profit Before Interest
and Taxes
EBITDA
Interest Expense
Taxes Incurred
Net Profit
Net Profit/Sales
Month 6
$7,700
$1,800
$0
$1,800
$5,900
Month
7
$12,9
00
$3,60
0
$0
$3,60
0
$9,30
0
Month
8
$12,7
00
$3,00
0
$0
$3,00
0
$9,70
0
Month
9
$11,3
00
$3,30
0
$0
$3,30
0
$8,00
0
Month
1
$0
$0
$0
$0
$0
0.00%
Month 2
Month 3
Month 4
Month 5
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
0.00%
$0
$0
$0
$0
$0
0.00%
$1,200
$500
$0
$500
$700
58.33%
$2,400
$417
$2,400
$417
$2,400
$417
$2,400
$417
$2,400
$417
$0
$1,700
$200
$20
$0
$0
$500
$200
$5,437
$0
$1,700
$200
$20
$0
$0
$500
$200
$5,437
$0
$1,700
$200
$20
$0
$0
$500
$200
$5,437
$0
$1,700
$200
$20
$0
$0
$500
$200
$5,437
$0
$1,700
$200
$20
$0
$800
$500
$200
$6,237
($5,437
)
($5,437
)
$410
($1,754
)
($4,092
)
0.00%
($5,437)
($5,437)
($5,437)
($5,537)
($5,437)
($5,437)
($5,437)
($5,537)
$403
($1,752)
$396
($1,750)
$389
($1,748)
$382
($1,776)
($4,088)
($4,083)
($4,078)
($4,143)
0.00%
0.00%
0.00%
345.25%
Month
10
$15,4
00
$6,10
0
$0
$6,10
0
$9,30
0
Month
11
$35,6
00
$9,20
0
$0
$9,20
0
$26,4
00
Month
12
$47,0
00
$12,1
00
$0
$12,1
00
$34,9
00
76.62%
72.09
%
76.38
%
70.80
%
60.39
%
74.16
%
74.26
%
$2,400
$2,40
0
$417
$4,48
5
$417
$4,48
5
$417
$4,48
5
$417
$4,48
5
$417
$4,48
5
$417
$0
$1,70
0
$200
$20
$0
$800
$500
$200
$6,23
7
$3,06
4
$3,06
4
$368
$809
$0
$1,70
0
$200
$20
$0
$800
$500
$200
$8,32
2
$1,37
9
$1,37
9
$361
$305
$0
$1,70
0
$200
$20
$0
$800
$500
$200
$8,32
2
($322)
$0
$1,70
0
$200
$20
$0
$800
$500
$200
$8,32
2
$979
($322)
$979
$354
($203)
$348
$189
$1,88
7
14.63
%
$712
($473)
$442
5.61%
4.19%
2.87%
$0
$1,70
0
$200
$20
$0
$800
$500
$200
$8,32
2
$18,0
79
$18,0
79
$341
$5,32
1
$12,4
17
34.88
%
$0
$1,70
0
$200
$20
$0
$800
$500
$200
$8,32
2
$26,5
79
$26,5
79
$334
$7,87
3
$18,3
71
39.09
%
$417
$0
$1,700
$200
$20
$0
$800
$500
$200
$6,237
($337)
($337)
$375
($214)
($498)
-6.47%
Cash Received
Cash from Operations
Cash Sales
Cash from Receivables
Subtotal
Cash
from
Operations
Additional
Cash
Received
Sales Tax, VAT, HST/GST 0.00%
Received
New Current Borrowing
New Other Liabilities
(interest-free)
New
Long-term
Liabilities
Sales of Other Current
Assets
Month
1
Month 2
Month 3
Month 4
Month 5
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$300
$0
$300
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Sales
of
Long-term
Assets
New
Investment
Received
Subtotal Cash Received
Expenditures
Expenditures
from
Operations
Cash Spending
Bill Payments
Subtotal
Spent
on
Operations
Additional Cash Spent
Sales Tax, VAT, HST/GST
Paid Out
Principal Repayment of
Current Borrowing
Other
Liabilities
Principal Repayment
Long-term
Liabilities
Principal Repayment
Purchase Other Current
Assets
Purchase
Long-term
Assets
Dividends
Subtotal Cash Spent
Net Cash Flow
Cash Balance
$0
$0
$0
$0
$0
$0
$0
$0
$0
$50,000
$0
Month
1
$0
Month 2
$0
Month 3
$0
Month 4
$50,300
Month 5
$2,400
$56
$2,456
$2,400
$1,692
$4,092
$2,400
$1,687
$4,087
$2,400
$1,683
$4,083
$2,400
$1,803
$4,203
$0
$0
$0
$0
$0
$830
$830
$830
$830
$830
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$3,286
($3,286
)
$36,71
4
$0
$4,922
($4,922)
$0
$4,917
($4,917)
$0
$4,913
($4,913)
$0
$5,033
$45,267
$31,791
$26,874
$21,961
$67,228
Month 6
Month
7
Month
8
Month
9
Month
10
Month
11
Month
12
$1,925
$3,22
5
$1,06
3
$4,28
8
$3,17
5
$5,90
5
$9,08
0
$2,82
5
$9,67
0
$12,4
95
$3,85
0
$9,49
0
$13,3
40
$8,90
0
$8,57
8
$17,4
78
$11,7
50
$12,0
55
$23,8
05
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$30
$1,955
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$9,08
0
Month
8
$0
$25,0
00
$37,4
95
Month
9
$1,955
$4,28
8
Month
7
$13,3
40
Month
10
$17,4
78
Month
11
$23,8
05
Month
12
$2,40
0
$7,03
2
$9,43
2
$4,48
5
$7,99
6
$12,4
81
$4,48
5
$7,48
6
$11,9
71
$4,48
5
$7,20
1
$11,6
86
$4,48
5
$13,6
74
$18,1
59
$4,48
5
$22,2
83
$26,7
68
$0
$0
$0
$0
$0
$0
$0
$830
$830
$830
$830
$830
$830
$830
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$8,725
$0
$0
$0
$10,2
62
($5,97
5)
$54,4
84
$0
$0
$0
$13,3
11
($4,23
1)
$50,2
52
$0
$0
$0
$12,8
01
$24,6
94
$74,9
47
$0
$0
$0
$12,5
16
$824
$0
$0
$0
$18,9
89
($1,51
2)
$74,2
59
$0
$0
$0
$27,5
98
($3,79
3)
$70,4
66
Month 6
$2,400
$5,495
$7,895
($6,770)
$60,458
$75,7
70
Assets
Current Assets
Cash
Accounts Receivable
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Long-term Assets
Accumulated
Month
1
Month 2
Month 3
Month 4
Month 5
$40,00
0
$0
$1,000
$0
$41,00
0
$36,71
4
$0
$1,000
$0
$37,71
4
$31,791
$26,874
$21,961
$67,228
$0
$1,000
$0
$32,791
$0
$1,000
$0
$27,874
$0
$1,000
$0
$22,961
$900
$3,500
$0
$71,628
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Startin
g
Balanc
es
Depreciation
Total Long-term Assets
Total Assets
$0
$41,00
0
$0
$32,791
$0
$27,874
$0
$22,961
$0
$71,628
Month 2
Month 3
Month 4
Month 5
$0
$50,00
0
Other Current Liabilities $0
Subtotal
Current $50,00
Liabilities
0
Long-term Liabilities
$0
Total Liabilities
$50,00
0
Paid-in Capital
$22,20
0
Retained Earnings
($31,20
0)
Earnings
$0
$1,631
$48,340
$1,627
$47,510
$1,622
$46,680
$5,262
$45,850
$0
$49,971
$0
$49,137
$0
$48,302
$0
$51,112
$0
$49,971
$0
$49,137
$0
$48,302
$0
$51,112
$22,200
$22,200
$22,200
$72,200
($31,200)
($31,200)
($8,180)
($12,263)
Total Capital
($17,180)
($21,263)
($31,200
)
($20,483
)
$20,517
$32,791
$27,874
($31,200
)
($16,340
)
($25,340
)
$22,961
($17,180)
($21,263)
($25,340
)
$20,517
Total
Liabilities
Capital
Net Worth
$0
$37,71
4
Month
1
$1,636
$49,17
0
$0
$50,80
6
$0
$50,80
6
$22,20
0
($31,20
0)
($4,092
)
($9,000 ($13,09
)
2)
and $41,00 $37,71
0
4
($9,000 ($13,09
)
2)
Month
6
Month
7
Month
8
Month
9
Month
10
Month
11
Month
12
$60,45
8
$6,645
$4,700
$54,48
4
$15,25
8
$4,100
$50,25
2
$18,87
8
$4,100
$74,94
7
$17,68
3
$3,800
$75,77
0
$19,74
3
$6,710
$0
$71,80
3
$0
$73,84
1
$0
$73,23
0
$0
$96,42
9
$0
$102,2
23
$74,25
9
$37,86
5
$10,12
0
$0
$122,2
44
$70,46
6
$61,06
0
$13,31
0
$0
$144,8
36
$0
$0
$0
$71,80
3
Month
6
$0
$0
$0
$73,84
1
Month
7
$0
$0
$0
$73,23
0
Month
8
$0
$0
$0
$96,42
9
Month
9
$0
$0
$0
$102,2
23
Month
10
$0
$0
$0
$122,2
44
Month
11
$0
$0
$0
$144,8
36
Month
12
$71,628
$6,765
$7,746
$7,253
$6,755
$45,02
0
$0
$51,78
5
$0
$51,78
5
$72,20
0
($31,2
00)
($20,9
82)
$20,01
8
$71,80
3
$20,01
8
$44,19
0
$0
$51,93
6
$0
$51,93
6
$72,20
0
($31,2
00)
($19,0
95)
$21,90
5
$73,84
1
$21,90
5
$43,36
0
$0
$50,61
3
$0
$50,61
3
$72,20
0
($31,2
00)
($18,3
83)
$22,61
7
$73,23
0
$22,61
7
$42,53
0
$0
$49,28
5
$0
$49,28
5
$97,20
0
($31,2
00)
($18,8
56)
$47,14
4
$96,42
9
$47,14
4
$12,93
7
$41,70
0
$0
$54,63
7
$0
$54,63
7
$97,20
0
($31,2
00)
($18,4
14)
$47,58
6
$102,2
23
$47,58
6
$21,37
2
$40,87
0
$0
$62,24
2
$0
$62,24
2
$97,20
0
($31,2
00)
($5,99
8)
$60,00
2
$122,2
44
$60,00
2
$26,42
2
$40,04
0
$0
$66,46
2
$0
$66,46
2
$97,20
0
($31,2
00)
$12,37
4
$78,37
4
$144,8
36
$78,37
4