Académique Documents
Professionnel Documents
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Before you begin, we need some information about your business to best customize your financial statements.
Please enter the name of your business in the box below:
The first six worksheets in this workbook are steps you will need to complete. They are titled:
1. Required Start-Up Funds
2. Salaries and Wages
3. Fixed Operating Expenses
4. & 5. Projected Sales Forecast (2 sheets)
6. Cash Receipts and Disbursements
Operating Capital
Pre-Opening Salaries and Wages 155,000
Prepaid Insurance Premiums 250,000
Inventory 100,000
Legal and Accounting Fees 100,000
Rent Deposits -
Utility Deposits 100,000
Supplies 300,000
Advertising and Promotions 100,000
Licenses 150,000
Other Initial Start-Up Costs 100,000
Working Capital (Cash On Hand) 200,000
Total Operating Capital 1,555,000
Note#: For existing businesses, this should be the "bucket" of cash plus recie
be turned into cash or payables paid out in cash in the near term (i.e. in the fi
Notes
Monthly Payments
₦ 4,023.81
₦ 6,033.33
₦ -
₦ -
₦ -
₦ 10,057.14
Salaries and Related Expenses # Assumptions Wage Base Monthly Year One
Percent Change
3.00% 3.00%
247,200 254,616
988,800 1,018,464
2,410,200 2,482,506
374,920 386,168
- -
4,021,120 4,141,754
88,465 91,119
58,306 60,055
- -
- -
390,400 390,400
- -
20,106 20,709
160,845 165,670
718,121 727,953
4,739,241 4,869,707
Patilad Bakery Business
Fixed Operating Expenses
Fixed Operating Expenses Monthly Year One Year Two Year Three
Expenses
Advertising ₦ 100,000.00 1,200,000 1,236,000 1,273,080
Car and Truck Expenses 50,000 600,000 618,000 636,540
Bank & Merchant Fees 10,000 120,000 123,600 127,308
Contract Labor - - - -
Conferences & Seminars 15,000 180,000 185,400 190,962
Customer Discounts and Refunds - - - -
Dues and Subscriptions 5,000 60,000 61,800 63,654
Miscellaneous 50,000 600,000 618,000 636,540
Insurance (Liability and Property) 20,833 250,000 257,500 265,225
Licenses/Fees/Permits 29,167 350,000 360,500 371,315
Legal and Professional Fees 10,000 120,000 123,600 127,308
Office Expenses & Supplies 50,000 600,000 618,000 636,540
Postage and Delivery - - - -
Rent (on business property) - - - -
Rent of Vehicles and Equipment 20,000 240,000 247,200 254,616
Sales & Marketing 50,000 600,000 618,000 636,540
Taxes-Other 20,000 240,000 247,200 254,616
Telephone and Communications 30,000 360,000 370,800 381,924
Travel 50,000 600,000 618,000 636,540
Utilities 25,000 300,000 309,000 318,270
Total Expenses 535,000 6,420,000 6,612,600 6,810,978
Other Expenses
Depreciation 58,018 696,214 696,214 696,214
Interest
Commercial Loan - - - -
Commercial Mortgage - - - -
Line of Credit 33 399 - -
Credit Card Debt - - - -
Vehicle Loans - - - -
Other Bank Debt - - - -
Total Other Expenses 58,051 696,613 696,214 696,214
Products and Services Assumptions % Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Slice bread
Price Per Unit ₦ 350.00 100.00%
Variable Cost Per Unit ₦ 150.00 42.86%
Gross Margin Per Unit ₦ 200.00 57.14%
Projected Unit Sales
Seasonality Factor 4.65% 5.74% 7.75% 7.77% 8.17% 8.19% 8.19% 9.97% 9.97% 10.21%
Year One 2,100 2,590 3,500 3,510 3,691 3,700 3,700 4,500 4,500 4,610
Year Two Growth 25.00% 2,625 3,238 4,375 4,388 4,614 4,625 4,625 5,625 5,625 5,763
Year Three Growth 25.00% 3,281 4,047 5,469 5,484 5,767 5,781 5,781 7,031 7,031 7,203
Overhead Exp Allocation 50.00%
Loaf Bread
Price Per Unit ₦ 200.00 100.00%
Variable Cost Per Unit ₦ 100.00 50.00%
Gross Margin Per Unit ₦ 100.00 50.00%
Projected Unit Sales
Seasonality Factor 0.06% 5.05% 6.98% 3.79% 7.12% 5.46% 5.65% 9.76% 14.54% 13.39%
Year One 15 1,340 1,852 1,005 1,890 1,450 1,500 2,590 3,860 3,556
Year Two Growth 10.00% 17 1,474 2,037 1,106 2,079 1,595 1,650 2,849 4,246 3,912
Year Three Growth 10.00% 18 1,621 2,241 1,216 2,287 1,755 1,815 3,134 4,671 4,303
Overhead Exp Allocation 16.67%
Products and Services Assumptions % Jan Feb Mar Apr May Jun Jul Aug Sep
Wheat Bread
Price Per Unit ₦ 400.00 100.00%
Variable Cost Per Unit ₦ 150.00 37.50%
Gross Margin Per Unit ₦ 250.00 62.50%
Projected Unit Sales
Seasonality Factor 1.87% 4.67% 9.35% 9.35% 9.35% 9.35% 9.35% 9.35% 9.35%
Year One 10 25 50 50 50 50 50 50 50
Year Two Growth 10.00% 11 28 55 55 55 55 55 55 55
Year Three Growth 10.00% 12 30 61 61 61 61 61 61 61
Overhead Exp Allocation 16.67%
Special Bread
Price Per Unit ₦ 350.00 100.00%
Variable Cost Per Unit ₦ 150.00 42.86%
Gross Margin Per Unit ₦ 200.00 57.14%
Projected Unit Sales
Seasonality Factor 9.68% 9.68% 9.68% 6.45% 6.45% 6.45% % 6.45% 9.68%
Year One 1,500 1,500 1,500 1,000 1,000 1,000 1,000 1,000 1,500
Year Two Growth 10.00% 1,650 1,650 1,650 1,100 1,100 1,100 1,100 1,100 1,650
Year Three Growth 10.00% 1,815 1,815 1,815 1,210 1,210 1,210 1,210 1,210 1,815
Overhead Exp Allocation 16.67%
Income
Slice bread 735,000 906,500 1,225,000 1,228,500 1,291,850 1,295,000 1,295,000 1,575,000
Loaf Bread 3,000 268,000 370,400 201,000 378,000 290,000 300,000 518,000
Wheat Bread 4,000 10,000 20,000 20,000 20,000 20,000 20,000 20,000
Special Bread 525,000 525,000 525,000 350,000 350,000 350,000 350,000 350,000
Total Income 1,267,000 1,709,500 2,140,400 1,799,500 2,039,850 1,955,000 1,965,000 2,463,000
Cost of Sales
Slice bread 315,000 388,500 525,000 526,500 553,650 555,000 555,000 675,000
Loaf Bread 1,500 134,000 185,200 100,500 189,000 145,000 150,000 259,000
Wheat Bread 1,500 3,750 7,500 7,500 7,500 7,500 7,500 7,500
Special Bread 225,000 225,000 225,000 150,000 150,000 150,000 150,000 150,000
Total Cost of Sales 543,000 751,250 942,700 784,500 900,150 857,500 862,500 1,091,500
Gross Margin 724,000 958,250 1,197,700 1,015,000 1,139,700 1,097,500 1,102,500 1,371,500
Total Salary and Wages 384,381 384,381 384,381 384,381 384,381 384,381 384,381 384,381
Other Expenses
Amortized Start-up Expenses 34,861 34,861 34,861 34,861 34,861 34,861 34,861 34,861
Depreciation 58,018 58,018 58,018 58,018 58,018 58,018 58,018 58,018
Interest
Commercial Loan - - - - - - - -
Commercial Mortgage - - - - - - - -
Line of Credit - 36 36 36 36 36 36 36
Credit Card Debt - - - - - - - -
Vehicle Loans - - - - - - - -
Other Bank Debt - - - - - - - -
Taxes - - - - 29,502 24,013 25,013 78,813
Total Other Expenses 92,879 92,915 92,915 92,915 122,417 116,928 117,928 171,728
Net Income (288,260) (54,047) 185,403 2,703 97,902 61,191 65,191 280,391
Sep Oct Nov Dec Totals
- - - - -
- - - - -
36 36 36 36 399
- - - - -
- - - - -
- - - - -
124,213 122,533 130,813 103,013 637,912
217,128 215,448 223,728 195,928 1,752,859
Beginning Cash Balance 200,000 - 28,775 297,001 382,526 592,751 707,262 880,287
Cash Inflows
Income from Sales 1,267,000 1,709,500 2,140,400 1,799,500 2,039,850 1,955,000 1,965,000 2,463,000
Accounts Receivable - - - - - - - -
Total Cash Inflows 1,267,000 1,709,500 2,140,400 1,799,500 2,039,850 1,955,000 1,965,000 2,463,000
Cash Outflows
Investing Activities
New Fixed Assets Purchases - - - - - - - -
Inventory Addition to Bal.Sheet - - - - - - - -
Cost of Sales 543,000 751,250 942,700 784,500 900,150 857,500 862,500 1,091,500
Operating Activities
Salaries and Wages 384,381 384,381 384,381 384,381 384,381 384,381 384,381 384,381
Fixed Business Expenses 535,000 535,000 535,000 535,000 535,000 535,000 535,000 535,000
Taxes - - - - - 53,515 - -
Financing Activities
Loan Payments 10,057 10,057 10,057 10,057 10,057 10,057 10,057 10,057
Line of Credit Interest - 36 36 36 36 36 36 36
Line of Credit Repayments - - - - - - - -
Dividends Paid - - - - - - - -
Total Cash Outflows 1,472,438 1,680,725 1,872,175 1,713,975 1,829,625 1,840,489 1,791,975 2,020,975
Cash Flow (205,438) 28,775 268,225 85,525 210,225 114,511 173,025 442,025
Operating Cash Balance (5,438) 28,775 297,001 382,526 592,751 707,262 880,287 1,322,312
Ending Cash Balance - 28,775 297,001 382,526 592,751 707,262 880,287 1,322,312
Patilad Bakery Business
Projected Cash Flow Statement - Year One
Line of Credit Balance 5,438 5,438 5,438 5,438 5,438 5,438 5,438 5,438
Sep Oct Nov Dec Totals
- - - - -
- - - - -
1,293,500 1,279,600 1,319,000 1,207,500 11,832,700
- - - - 5,438
Assets
Current Assets
Cash 200,000 3,332,616
Accounts Receivable - -
Inventory 100,000 100,000
Prepaid Expenses 1,155,000 770,000
Other Current 100,000 66,667
Total Current Assets 1,555,000 4,269,282
Fixed Assets
Land 700,000 700,000
Buildings 1,110,000 1,110,000
Leasehold Improvements - -
Equipment 1,895,000 1,895,000
Furniture and Fixtures 350,000 350,000
Vehicles 1,000,000 1,000,000
Other Fixed Assets 500,000 500,000
Total Fixed Assets 5,555,000 5,555,000
Owner's Equity
Common Stock 6,000,000 6,000,000
Retained Earnings - 2,133,315
Dividends Dispersed - -
Total Owner's Equity 6,000,000 8,133,315
Income
Slice bread 15,802,850 19,753,563 24,691,953
Loaf Bread 5,309,600 5,840,560 6,424,616
Wheat Bread 214,000 235,400 258,940
Special Bread 5,425,000 5,967,500 6,564,250
Total Income 26,751,450 100.00% 31,797,023 100.00% 37,939,759 100.00%
Cost of Sales
Slice bread 6,772,650 8,465,813 10,582,266
Loaf Bread 2,654,800 2,920,280 3,212,308
Wheat Bread 80,250 88,275 97,103
Special Bread 2,325,000 2,557,500 2,813,250
Total Cost of Sales 11,832,700 44.23% 14,031,868 44.13% 16,704,926 44.03%
Total Salary and Wages 4,612,576 17.24% 4,739,241 14.90% 4,869,707 12.84%
Operating Income (before Other Expenses) 3,886,174 14.53% 6,413,314 20.17% 9,554,148 25.18%
[EBITDA]
Other Expenses
Amortized Start-up Expenses 418,333 418,333 418,333
Depreciation 696,214 696,214 696,214
Interest
Commercial Loan - - -
Commercial Mortgage - - -
Line of Credit 399 435 - 435
Credit Card Debt - - -
Vehicle Loans - - -
Other Bank Debt - - -
Taxes 637,912 1,143,333 1,771,500
Total Other Expenses 1,752,859 6.55% 2,258,316 7.10% 2,886,483 7.61%
Income
Slice bread 918,750 1,133,125 1,531,250 1,535,625 1,614,813 1,618,750 1,618,750 1,968,750
Loaf Bread 3,300 294,800 407,440 221,100 415,800 319,000 330,000 569,800
Wheat Bread 4,400 11,000 22,000 22,000 22,000 22,000 22,000 22,000
Special Bread 577,500 577,500 577,500 385,000 385,000 385,000 385,000 385,000
Total Income 1,503,950 2,016,425 2,538,190 2,163,725 2,437,613 2,344,750 2,355,750 2,945,550
Cost of Sales
Slice bread 393,750 485,625 656,250 658,125 692,063 693,750 693,750 843,750
Loaf Bread 1,650 147,400 203,720 110,550 207,900 159,500 165,000 284,900
Wheat Bread 1,650 4,125 8,250 8,250 8,250 8,250 8,250 8,250
Special Bread 247,500 247,500 247,500 165,000 165,000 165,000 165,000 165,000
Total Cost of Sales 644,550 884,650 1,115,720 941,925 1,073,213 1,026,500 1,032,000 1,301,900
Gross Margin 859,400 1,131,775 1,422,470 1,221,800 1,364,400 1,318,250 1,323,750 1,643,650
Total Salary and Wages 394,937 394,937 394,937 394,937 394,937 394,937 394,937 394,937
Other Expenses
Amortized Start-up Expenses 34,861 34,861 34,861 34,861 34,861 34,861 34,861 34,861
Depreciation 58,018 58,018 58,018 58,018 58,018 58,018 58,018 58,018
Interest
Commercial Loan - - - - - - - -
Commercial Mortgage - - - - - - - -
Line of Credit 36 36 36 36 36 36 36 36
Credit Card Debt - - - - - - - -
Vehicle Loans - - - - - - - -
Other Bank Debt - - - - - - - -
Taxes - - 80,304 43,552 72,072 62,842 63,942 127,922
Total Other Expenses 92,915 92,915 173,220 136,467 164,987 155,757 156,857 220,837
Net Income (179,502) 92,873 303,264 139,346 253,426 216,506 220,906 476,826
Sep Oct Nov Dec Totals
- - - - -
- - - - -
36 36 36 36 435
- - - - -
- - - - -
- - - - -
177,862 176,674 186,022 152,142 1,143,333
270,777 269,589 278,937 245,057 2,258,316
Beginning Cash Balance 3,332,616 3,235,936 3,411,630 3,797,716 4,063,436 4,471,755 4,655,460 5,023,130
Cash Inflows
Income from Sales 1,503,950 2,016,425 2,538,190 2,163,725 2,437,613 2,344,750 2,355,750 2,945,550
Accounts Receivable - - - - - - - -
Total Cash Inflows 1,503,950 2,016,425 2,538,190 2,163,725 2,437,613 2,344,750 2,355,750 2,945,550
Cash Outflows
Investing Activities
New Fixed Assets Purchases - - - - - - - -
Inventory Addition to Bal. Sheet - - - - - - - -
Cost of Sales 644,550 884,650 1,115,720 941,925 1,073,213 1,026,500 1,032,000 1,301,900
Operating Activities
Salaries and Wages 394,937 394,937 394,937 394,937 394,937 394,937 394,937 394,937
Fixed Business Expenses 551,050 551,050 551,050 551,050 551,050 551,050 551,050 551,050
Taxes - - 80,304 - - 178,465 - -
Financing Activities
Loan Payments 10,057 10,057 10,057 10,057 10,057 10,057 10,057 10,057
Line of Credit Interest 36 36 36 36 36 36 36 36
Line of Credit Repayments - - - - - - - -
Dividends Paid - - - - - - - -
Total Cash Outflows 1,600,630 1,840,730 2,152,105 1,898,005 2,029,293 2,161,046 1,988,080 2,257,980
Cash Flow (96,680) 175,695 386,085 265,720 408,320 183,704 367,670 687,570
Operating Cash Balance 3,235,936 3,411,630 3,797,716 4,063,436 4,471,755 4,655,460 5,023,130 5,710,699
Ending Cash Balance 3,235,936 3,411,630 3,797,716 4,063,436 4,471,755 4,655,460 5,023,130 5,710,699
Patilad Bakery Business
Projected Cash Flow Statement - Year Two
Line of Credit Balance 5,438 5,438 5,438 5,438 5,438 5,438 5,438 5,438
Sep Oct Nov Dec Totals
- - - - -
- - - - -
1,524,100 1,511,285 1,555,525 1,420,500 14,031,868
- - - - -
Assets
Current Assets
Cash 3,332,616 8,481,476
Accounts Receivable - -
Inventory 100,000 100,000
Prepaid Expenses 770,000 385,000
Other Current 66,667 33,333
Total Current Assets 4,269,282 8,999,809
Fixed Assets
Land 700,000 700,000
Buildings 1,110,000 1,110,000
Leasehold Improvements - -
Equipment 1,895,000 1,895,000
Furniture and Fixtures 350,000 350,000
Vehicles 1,000,000 1,000,000
Other Fixed Assets 500,000 500,000
Total Fixed Assets 5,555,000 5,555,000
Owner's Equity
Common Stock 6,000,000 6,000,000
Retained Earnings 2,133,315 6,288,314
Dividends Dispersed - -
Total Owner's Equity 8,133,315 12,288,314
Income
Slice bread 1,148,438 1,416,406 1,914,063 1,919,531 2,018,516 2,023,438 2,023,438 2,460,938
Loaf Bread 3,630 324,280 448,184 243,210 457,380 350,900 363,000 626,780
Wheat Bread 4,840 12,100 24,200 24,200 24,200 24,200 24,200 24,200
Special Bread 635,250 635,250 635,250 423,500 423,500 423,500 423,500 423,500
Total Income 1,792,158 2,388,036 3,021,697 2,610,441 2,923,596 2,822,038 2,834,138 3,535,418
Cost of Sales
Slice bread 492,188 607,031 820,313 822,656 865,078 867,188 867,188 1,054,688
Loaf Bread 1,815 162,140 224,092 121,605 228,690 175,450 181,500 313,390
Wheat Bread 1,815 4,538 9,075 9,075 9,075 9,075 9,075 9,075
Special Bread 272,250 272,250 272,250 181,500 181,500 181,500 181,500 181,500
Total Cost of Sales 768,068 1,045,959 1,325,730 1,134,836 1,284,343 1,233,213 1,239,263 1,558,653
Gross Margin 1,024,090 1,342,078 1,695,967 1,475,605 1,639,253 1,588,825 1,594,875 1,976,765
Total Salary and Wages 405,809 405,809 405,809 405,809 405,809 405,809 405,809 405,809
Other Expenses
Amortized Start-up Expenses 34,861 34,861 34,861 34,861 34,861 34,861 34,861 34,861
Depreciation 58,018 58,018 58,018 58,018 58,018 58,018 58,018 58,018
Interest
Commercial Loan - - - - - - - -
Commercial Mortgage - - - - - - - -
Line of Credit 36 36 36 36 36 36 36 36
Credit Card Debt - - - - - - - -
Vehicle Loans - - - - - - - -
Other Bank Debt - - - - - - - -
Taxes - 60,656 132,905 88,832 121,562 111,476 112,686 189,064
Total Other Expenses 92,915 153,571 225,820 181,747 214,477 204,391 205,601 281,979
Net Income (42,216) 215,116 496,757 320,467 451,385 411,043 415,883 721,395
Sep Oct Nov Dec Totals
- - - - -
- - - - -
36 36 36 36 435
- - - - -
- - - - -
- - - - -
243,998 243,516 254,099 212,706 1,771,500
336,913 336,432 347,014 305,621 2,886,483
Beginning Cash Balance 8,481,476 8,522,082 8,880,676 9,399,599 9,891,720 10,547,489 10,830,960 11,442,351
Cash Inflows
Income from Sales 1,792,158 2,388,036 3,021,697 2,610,441 2,923,596 2,822,038 2,834,138 3,535,418
Accounts Receivable - - - - - - - -
Total Cash Inflows 1,792,158 2,388,036 3,021,697 2,610,441 2,923,596 2,822,038 2,834,138 3,535,418
Cash Outflows
Investing Activities
New Fixed Assets Purchases - - - - - - - -
Inventory Addition to Bal.Sheet - - - - - - - -
Cost of Sales 768,068 1,045,959 1,325,730 1,134,836 1,284,343 1,233,213 1,239,263 1,558,653
Operating Activities
Salaries and Wages 405,809 405,809 405,809 405,809 405,809 405,809 405,809 405,809
Fixed Business Expenses 567,582 567,582 567,582 567,582 567,582 567,582 567,582 567,582
Taxes - - 193,560 - - 321,870 - -
Financing Activities
Loan Payments 10,057 10,057 10,057 10,057 10,057 10,057 10,057 10,057
Line of Credit Interest 36 36 36 36 36 36 36 36
Line of Credit Repayments - - - - - - - -
Dividends Paid - - - - - - - -
Total Cash Outflows 1,751,551 2,029,443 2,502,773 2,118,320 2,267,827 2,538,566 2,222,746 2,542,136
Cash Flow 40,606 358,594 518,923 492,121 655,769 283,471 611,391 993,281
Operating Cash Balance 8,522,082 8,880,676 9,399,599 9,891,720 10,547,489 10,830,960 11,442,351 12,435,633
Ending Cash Balance 8,522,082 8,880,676 9,399,599 9,891,720 10,547,489 10,830,960 11,442,351 12,435,633
Patilad Bakery Business
Projected Cash Flow Statement - Year Three
Line of Credit Balance 5,438 5,438 5,438 5,438 5,438 5,438 5,438 5,438
Sep Oct Nov Dec Totals
- - - - -
- - - - -
1,803,073 1,792,070 1,841,859 1,677,863 16,704,926
- - - - -
Assets
Current Assets
Cash 8,481,476 16,143,004
Accounts Receivable - -
Inventory 100,000 100,000
Prepaid Expenses 385,000 -
Other Current 33,333 (0)
Total Current Assets 8,999,809 16,243,004
Fixed Assets
Land 700,000 700,000
Buildings 1,110,000 1,110,000
Leasehold Improvements - -
Equipment 1,895,000 1,895,000
Furniture and Fixtures 350,000 350,000
Vehicles 1,000,000 1,000,000
Other Fixed Assets 500,000 500,000
Total Fixed Assets 5,555,000 5,555,000
Owner's Equity
Common Stock 6,000,000 6,000,000
Retained Earnings 6,288,314 12,955,979
Dividends Dispersed - -
Total Owner's Equity 12,288,314 18,955,979
Loan Type Assumptions Jan Feb Mar Apr May Jun Jul
Commercial Loan
Principal Amount $ (338,000)
Interest Rate 0.00%
Loan Term in Months 84.00
Monthly Payment Amount $4,023.81
Year One
Interest - - - - - - -
Principal 4,024 4,024 4,024 4,024 4,024 4,024 4,024
Loan Balance (342,024) (346,048) (350,071) (354,095) (358,119) (362,143) (366,167)
Year Two
Interest - - - - - - -
Principal 4,024 4,024 4,024 4,024 4,024 4,024 4,024
Loan Balance (390,310) (394,333) (398,357) (402,381) (406,405) (410,429) (414,452)
Year Three
Interest - - - - - - -
Principal 4,024 4,024 4,024 4,024 4,024 4,024 4,024
Loan Balance (438,595) (442,619) (446,643) (450,667) (454,690) (458,714) (462,738)
Commercial Mortgage
Principal Amount $ 1,448,000.00
Interest Rate 0.00%
Loan Term in Months 240.00
Monthly Payment Amount $6,033.33
Year One
Interest - - - - - - -
Principal 6,033 6,033 6,033 6,033 6,033 6,033 6,033
Loan Balance 1,441,967 1,435,933 1,429,900 1,423,867 1,417,833 1,411,800 1,405,767
Year Two
Interest - - - - - - -
Principal 6,033 6,033 6,033 6,033 6,033 6,033 6,033
Loan Balance 1,369,567 1,363,533 1,357,500 1,351,467 1,345,433 1,339,400 1,333,367
Year Three
Interest - - - - - - -
Principal 6,033 6,033 6,033 6,033 6,033 6,033 6,033
Loan Balance 1,297,167 1,291,133 1,285,100 1,279,067 1,273,033 1,267,000 1,260,967
Year One
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Year Two
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Year Three
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Vehicle Loans
Principal Amount $ -
Interest Rate 0.00%
Loan Term in Months 48.00
Monthly Payment Amount $0.00
Year One
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Year Two
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Year Three
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Year One
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Year Two
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Year Three
Interest - - - - - - -
Principal - - - - - - -
Loan Balance - - - - - - -
Aug Sep Oct Nov Dec Totals
- - - - - -
4,024 4,024 4,024 4,024 4,024 48,286
(370,190) (374,214) (378,238) (382,262) (386,286)
- - - - - -
4,024 4,024 4,024 4,024 4,024 48,286
(418,476) (422,500) (426,524) (430,548) (434,571)
- - - - - -
4,024 4,024 4,024 4,024 4,024 48,286
(466,762) (470,786) (474,810) (478,833) (482,857)
- - - - - -
6,033 6,033 6,033 6,033 6,033 72,400
1,399,733 1,393,700 1,387,667 1,381,633 1,375,600
- - - - - -
6,033 6,033 6,033 6,033 6,033 72,400
1,327,333 1,321,300 1,315,267 1,309,233 1,303,200
- - - - - -
6,033 6,033 6,033 6,033 6,033 72,400
1,254,933 1,248,900 1,242,867 1,236,833 1,230,800
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - - -
- - - - -
Patilad Bakery Business
Financial Diagnostics
This sheet performs a few tests on your numbers to see if they seem within certain reasonable ranges.
Remember, no computer can tell whether your projections are truly well-constructed, only a human can do that.
But these tests can at least look for values that are critically out of range.
Loan Assumptions
Commercial Loan Interest rate 0.0% Interest rate may be too low for the type of loan requested
Commercial Loan Term in Months 84 Loan term seems within range for this type of loan
Commercial Mortgage Interest rate 0.0% Interest rate may be too low for type of loan requested
Commercial Mortgage Term in Months 240 Loan term seems within range for this type of loan
Loan Payments as a Percent of Projected Sales 0.0% Calculated loan payments as a percent of sales seem resonable
Income Statement
Gross Margin as a Percent of Sales 55.8% Gross margin percentage seems reasonable
Owner's Compensation Lower Limit Check $ 240,000 An owner's compensation amount has been established
Owner's Compensation Upper Limit Check 11.3% Owner's compensation seems reasonable
Advertising Expense Levels as a Percent of Sales 4.5% Advertising as a percent of sales may be too low
Profitability Levels $ 2,133,315 The business is showing a profit
Profitability as a Percent of Sales 8.0% The projection does not seem highly unreasonable
Breakeven Analysis
Breakeven Levels $ 5,719,338 The sales projection exceeds the projected break-even sales level
relation to the amount of money needed
respect to total request
pe of loan requested
of loan requested
s been established