Nightclub Business Plan The HIve Start your own business plan Page «Previous Page Next Page» Executive Summary

Transcription

1 Nightclub Business Plan The HIve Start your own business plan Page «Previous Page Next Page» Executive Summary The Hive is a new night club that will focus on attracting the students of State University, with a student population that exceeds 22, and growing by 15 each year. The night club will be located one block away from the main campus. The area already has three bars that have been thriving for the past 1 years. Each establishment has long lines waiting for entry each weekend. Recently, commercial space has become available next to the campus when two adjacent business relocated. The Spot will consolidate this space into a 5, square foot night club. The location is on the main street most often used by students. Once opened, the Spot will have the exceptional management team to guide its success. The Spot's three owners, Robert Shaw, Jill Morse, and Sheila Thompson, have over 25 years of night club management experience between them. Robert has been the manager of Tom's Landing, the most popular bar in the university area, for the past five years. Jill and Sheila are co- owners of Olympus, a popular downtown night club that has dominated the city's club scene for the past four years. Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Create your own business plan» 1.1 Mission It's not the lights; it's not the liquor; and it's not the sound. It's the people! And its the FUN! Successful nightclubs are based on an accurate understanding of the core customers. The mission of the Spot is to create a nightclub environment that satisfies the changing tastes and expectations of our core customers; i.e. college- age women. If the women come, the men will follow. In order to achieve this goal, we must constantly improve our response to the customers' entertainment needs. 1.2 Keys to Success Provide exceptional service that leaves an impression with our core customers. Consistent entertainment atmosphere and product quality. Managing our internal finances and cash flow to enable upward capital growth. Strict control of all costs, at all times, without exception. 1.3 Objectives Capitalize on excellent location opportunity. Launch the venue with a highly publicized grand opening event in the spring of Year 1. Maintain tight control of costs, operations, and cash flow through diligent management and automated computer control. Maintain food costs below 33 of food revenue. Maintain total beverage costs below 25 of beverage revenue. Exceed $1 million in annual sales by the third year of plan implementation.

2 Company Summary The key elements of The Spot are: 1. Focus on attracting college- age women. The company will focus on design and musical themes that have mass appeal to college- age women. 2. Location. One of the major advantages that the Spot will have over its competition will be its location next to the university campus. 3. Exceptional service. In order to reach and maintain a unique image of quality, the Spot will provide attentive and friendly service. 2.1 Start- up Summary The Spot has three owners, Robert Shaw, Jill Morse, and Sheila Thompson, who will each invest $7,. Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Start- up Funding Start- up Expenses to Fund $112,5 Start- up Assets to Fund $97,5 Total Funding Required $21, Assets Non- cash Assets from Start- up $2, Cash Requirements from Start- up $77,5 Additional Cash Raised $ Cash Balance on Starting Date $77,5

3 Total Assets $97,5 Liabilities and Capital Liabilities Current Borrowing $ Long- term Liabilities $ Accounts Payable (Outstanding Bills) $ Other Current Liabilities (interest- free) $ Total Liabilities $ Capital Planned Investment Robert Shaw $7, Jill Morse $7, Sheila Thompson $7, Other $ Additional Investment Requirement $ Total Planned Investment $21, Loss at Start- up (Start- up Expenses) ($112,5) Total Capital $97,5 Total Capital and Liabilities $97,5 Total Funding $21, Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan. Start- up Requirements Start- up Expenses Legal $2, Stationery etc. $5 Consultants $ Insurance $1, Rent $4, Research and Development $ Interior Refit $3, Expensed Equipment $2, Air Cond. Upgrade $5, Audio/Lighting $1, Bar Equipment/Supply $1, Fees and Permits $7, Bathroom Upgrades $5, Initial Marketing $3, Opening Salaries Deposits $15, Other $

4 Total Start- up Expenses $112,5 Start- up Assets Cash Required $77,5 Start- up Inventory $ Other Current Assets $ Long- term Assets $2, Total Assets $97,5 Total Requirements $21, 2.2 Company Ownership The Spot has three owners, Robert Shaw, Jill Morse, and Sheila Thompson. Robert Shaw has a BS in business administration from State University. He successfully managed three bars over the past 1 years. He is currently in his fifth year as manager of Tom's Landing, the most popular bar in the university area. Jill Morse holds a BA in marketing. She has held a marketing positions with Nike and Sony before starting the Olympus nightclub with Sheila Thompson in Sheila Thompson has a BS in business administration. Before co- owning the Olympus, Sheila managed two successful nightclubs, the Arena and the Power Plant, over a 1 year period. Products and Services The Spot represents a unique opportunity create a high energy, dance- theme venue that will cater to college- age women. The development's central location, demographics, and lack of direct competition are major advantages to this project. The new venue will specialize in high- energy themes and will offer beer, wine and an array of liquors and mixed drinks. In addition, the venue will sell nonalcoholic beverages such as soft drinks, juices and bottled water. A "casual" food menu consisting mostly of appetizers and small entrees ranging in cost from six to nine dollars will also be available. The initial hours of operation will be 6: P.M. to 2: A.M., four nights a week. The establishment will draw primarily from the student population at State University while attracting guests and visitors from outside the area as well. Market Analysis Summary The Spot will focus on college- age women who are looking for a high energy, fun nightclub environment to socialize and dance. Of course, we are also focused on college- age men but it has been our observation that the club scene is driven by where women choose to spend their money when they go out with friends. At present, none of the local bars create an environment that is responsive to the entertainment demands of this core customer group. This also extends to the areas surrounding the university that we expect will attract new customers to the Spot. 4.1 Market Segmentation Our target market segmentation is divided between college- age women and men in and around the State University.

5 Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Market Analysis Year 1 Year 2 Year 3 Year 4 Year 5 Potential Customers Growth CAGR College- age Women 15 22, 25,3 29,95 33,459 38, College- age Men 1 2, 22, 24,2 26,62 29, Other. Total , 47,3 53,295 6,79 67, Strategy and Implementation Summary Our strategy is simple, we intend to succeed by giving our core customers (college- age women) exactly what they want in a nightclub. 5.1 Competitive Edge There are three elements to The Spot's competitive edge. The first is the location which is in easy walking distance for the entire university community. The area around The Spot is already a regular place students gather to socialize in the evening. The second is the exceptional management team that has extensive experience and success managing nightclubs and bars. The third is our focus on attracting our core customer in every aspect of our planning. The Spot will have the following to attract and retain our core customers:

6 A larger ladies room area. Beyond its traditional uses, it's also a place of social gathering and conversation. As a result, we will add additional square footage to this part of the venue including a couch, TV, music, and plenty of social space. Floor design. No doubt, females are more observant of design, and the impression it conveys, than males are. Therefore, careful consideration will be put into everything from colors, to fabrics, and materials. Music. This is a critical one. We will hire DJs who have the best satisfaction rate with the female clientele. 5.2 Sales Strategy There will be a grand opening weekend March of 22, which the cover charge will be waved for all women customers. We will then establish a traditional Ladies Night, every wednesday. The cover charge will be $1. This is cheaper than the downtown clubs. Our sales strategy is to open earlier and provide entertainment to bring in an early crowd before 1 P.M. Comedians and Comedy Acts will be booked into the early evening time slot. We will also have contests sponsored by businesses and products that are marketing to our core customers Sales Forecast As the following table shows, we intend to deliver sales of $55K in the first year, and double that by the third year of the plan. Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Create your own business plan»

7 Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Sales Forecast Year 1 Year 2 Year 3 Unit Sales Cover 19,5 36, 42, Drinks 56, 68, 75, Food 14, 25, 33, Entertainment 13,6 17, 22, Total Unit Sales 13,1 146, 172, Unit Prices Year 1 Year 2 Year 3 Cover $1. $1. $1. Drinks $3. $3. $3. Food $7. $7. $7. Entertainment $8. $8. $8. Sales Cover $195, $36, $42, Drinks $168, $24, $225, Food $98, $175, $231, Entertainment $18,8 $136, $176, Total Sales $569,8 $875, $1,52, Direct Unit Costs Year 1 Year 2 Year 3 Cover $. $. $.

8 Drinks $.75 $.8 $.86 Food $2.45 $2.62 $2.81 Entertainment $4. $4.28 $4.58 Direct Cost of Sales Cover $ $ $ Drinks $42, $54,57 $64,41 Food $34,3 $65,538 $92,565 Entertainment $54,4 $72,76 $1,751 Subtotal Direct Cost of Sales $13,7 $192,868 $257,717 Management Summary The management team is a strong one. Together we share a single vision: to provide a unique and entertaining experience through exceptional service. 6.1 Personnel Plan The following table shows forecasted personnel needs for the first three years. Personnel Plan Year 1 Year 2 Year 3 Manager $5, $68, $72, Bartenders $12, $12, $12, Cooks $65, $7, $73, Cleaning $38, $4, $42, DJ $25, $3, $35, Serving Staff $5, $6, $7, Other $ $ $ Total People Total Payroll $348, $388, $412, Financial Plan The financial projections for this plan are presented in the tables and charts of the following subtopics. 7.1 Important Assumptions The table below presents the assumptions used in the financial calculations of this business plan. General Assumptions Year 1 Year 2 Year 3 Plan h Current Interest Rate Long- term Interest Rate Tax Rate Other Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan.

9 Create your own business plan» 7.2 Break- even Analysis Our Break- even Analsysis is shown in the following table and chart. Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Create your own business plan» Break- even Analysis hly Units Break- even 1,22 hly Revenue Break- even $56,482 Assumptions: Average Per- Unit Revenue $5.53 Average Per- Unit Variable Cost $1.27 Estimated hly Fixed Cost $43, Projected Profit and Loss The following table and chart will show the projected profit and loss for The Spot.

10 Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Create your own business plan» Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan.

11 Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Pro Forma Profit and Loss Year 1 Year 2 Year 3 Sales $569,8 $875, $1,52, Direct Cost of Sales $13,7 $192,868 $257,717 Other Production Expenses $ $ $ Total Cost of Sales $13,7 $192,868 $257,717 Gross Margin $439,1 $682,133 $794,283 Gross Margin Expenses Payroll $348, $388, $412, Sales and Marketing and Other Expenses $22,9 $25, $27,3 Depreciation $2,618 $2,856 $2,856 Leased Equipment $33, $4, $4, Utilities $3,6 $3,6 $3,6 Insurance $12, $12, $12, Rent $48, $4, $4, Payroll Taxes $52,2 $58,2 $61,8 Other $ $ $ Total Operating Expenses $522,318 $569,656 $599,556 Profit Before Interest and Taxes ($83,218) $112,477 $194,727

12 EBITDA ($8,6) $115,333 $197,583 Interest Expense $42 $25 $ Taxes Incurred $ $33,668 $58,418 Net Profit ($83,26) $78,559 $136,39 Net Profit/Sales Projected Cash Flow The following table and chart are the projected cash flow for three years. Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Pro Forma Cash Flow Year 1 Year 2 Year 3 Cash Received Cash from Operations Cash Sales $512,82 $787,5 $946,8 Cash from Receivables $45,82 $81,127 $11,54 Subtotal Cash from Operations $557,92 $868,627 $1,48,34 Additional Cash Received Sales Tax, VAT, HST/GST Received $ $ $ New Current Borrowing $5, $ $ New Other Liabilities (interest- free) $ $ $ New Long- term Liabilities $ $ $ Sales of Other Current Assets $ $ $

13 Sales of Long- term Assets $ $ $ New Investment Received $ $ $ Subtotal Cash Received $562,92 $868,627 $1,48,34 Expenditures Year 1 Year 2 Year 3 Expenditures from Operations Cash Spending $348, $388, $412, Bill Payments $289,115 $47,976 $5,717 Subtotal Spent on Operations $637,115 $795,976 $912,717 Additional Cash Spent Sales Tax, VAT, HST/GST Paid Out $ $ $ Principal Repayment of Current Borrowing $ $5, $ Other Liabilities Principal Repayment $ $ $ Long- term Liabilities Principal Repayment $ $ $ Purchase Other Current Assets $ $ $ Purchase Long- term Assets $ $ $ Dividends $ $ $ Subtotal Cash Spent $637,115 $8,976 $912,717 Net Cash Flow ($74,213) $67,651 $135,587 Cash Balance $3,287 $7,938 $26, Projected Balance Sheet The following is the projected balance sheet for the three years. Pro Forma Balance Sheet Assets Current Assets Year 1 Year 2 Year 3 Cash $3,287 $7,938 $26,525 Accounts Receivable $11,898 $18,271 $21,967 Inventory $15,593 $23,9 $3,746 Other Current Assets $ $ $ Total Current Assets $3,778 $112,218 $259,238 Long- term Assets Long- term Assets $2, $2, $2, Accumulated Depreciation $2,618 $5,474 $8,33 Total Long- term Assets $17,382 $14,526 $11,67 Total Assets $48,16 $126,744 $27,98 Liabilities and Capital Year 1 Year 2 Year 3 Current Liabilities Accounts Payable $28,919 $33,945 $41,8 Current Borrowing $5, $ $ Other Current Liabilities $ $ $

14 Subtotal Current Liabilities $33,919 $33,945 $41,8 Long- term Liabilities $ $ $ Total Liabilities $33,919 $33,945 $41,8 Paid- in Capital $21, $21, $21, Retained Earnings ($112,5) ($195,76) ($117,21) Earnings ($83,26) $78,559 $136,39 Total Capital $14,24 $92,799 $229,18 Total Liabilities and Capital $48,16 $126,744 $27,98 Net Worth $14,24 $92,799 $229,18 Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan. Create your own business plan» 7.6 Business Ratios The Ratios table below outlines important ratios for this night club. The last column, Industry Profile, is derived from the Standard Industrial Classification (SIC) Index code 5813, for Drinking Places. Ratio Analysis Year 1 Year 2 Year 3 Industry Profile Sales Growth Percent of Total Assets Accounts Receivable Inventory Other Current Assets Total Current Assets Long- term Assets Total Assets 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

15 Pre- tax Return on Net Worth Pre- tax Return on Assets Additional Ratios Year 1 Year 2 Year 3 Net Profit Margin n.a Return on Equity n.a Activity Ratios Accounts Receivable Turnover n.a Collection Days n.a Inventory Turnover n.a Accounts Payable Turnover n.a Payment Days n.a Total Asset Turnover n.a Debt Ratios Debt to Net Worth n.a Current Liab. to Liab n.a Liquidity Ratios Net Working Capital ($3,142) $78,273 $217,438 n.a Interest Coverage - 1, n.a Additional Ratios Assets to Sales n.a Current Debt/Total Assets n.a Acid Test n.a Sales/Net Worth n.a Dividend Payout... n.a Appendix Sales Forecast Unit Sales Mon Mon th 1 th 2 h 3 h 4 h 5 h 6 h 7 h 8 h 9 h 1 h 11 h 12 Cover 1,5 2, 2, 2, 2, 2, 2, 2, 2, 2, Drinks 4, 5, 5, 6, 6, 6, 6, 6, 6, 6, Food 1, 1,5 1,5 2, 1, 1, 1,5 1,5 1,5 1,5 Entertain ment 8 1,5 1,5 1,8 1, 1, 1,5 1,5 1,5 1,5 Total Unit 1, 1, 11,8 1, 1, 11, 11, 11, 11, Sales 7,3 Unit Prices Cover Drinks Mon Mon th 1 th 2 h 3 h 4 h 5 h 6 h 7 h 8 h 9 h 1 h 11 h 12 $. $. $. $1. $1. $1. $1. $1. $1. $1. $1. $1. $1. $. $3. $3. $3. $3. $3. $3. $3. $3. $3. $3.

16 Food Entertain ment Sales $. $. Cover $ $ Drinks $ $ Food $ $ $. $7. $7. $7. $7. $7. $7. $7. $7. $7. $7. $. $8. $8. $8. $8. $8. $8. $8. $8. $8. $8. $15, $2, $2, $12, $15, $15, $7, $1,5 $1,5 Entertain $6,4 $12, $12, ment $ $ $2, $2, $2, $18, $18, $18, $14, $7, $7, $14,4 $8, $8, $2, $2, $2, $2, $18, $18, $18, $18, $1,5 $1,5 $1,5 $1,5 $12, $12, $12, $12, Total $4,4 $57,5 $57,5 $66,4 $53, $53, $6,5 $6,5 $6,5 $6,5 Sales $ $ Direct Unit Costs Cover Drinks Food Entertain ment Direct Cost of Sales.... Mon Mon th 1 th 2 h 3 h 4 h 5 h 6 h 7 h 8 h 9 h 1 h 11 h 12 $. $. $. $. $. $. $. $. $. $. $. $. $. $. $. $. $.75 $.75 $.75 $.75 $.75 $.75 $.75 $.75 $.75 $.75 $. $2.45 $2.45 $2.45 $2.45 $2.45 $2.45 $2.45 $2.45 $2.45 $2.45 $. $4. $4. $4. $4. $4. $4. $4. $4. $4. $4. Cover $ $ $ $ $ $ $ $ $ $ $ $ Drinks $ $ Food $ $ $3, $3,75 $3,75 $2,45 $3,67 $3, Entertain $3,2 $6, $6, ment $ $ Subtotal Direct Cost of Sales $ $ $4,5 $4,5 $4,5 $4,9 $2,45 $2,45 $7,2 $4, $4, $4,5 $4,5 $4,5 $4,5 $3,67 $3,67 $3,67 $3, $6, $6, $6, $6, $8,65 $13,4 $13,4 $16,6 $1,9 $1,9 $14,1 $14,1 $14,1 $14, Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan. Personnel Plan Mon th 1 Mon th 2 h 3 h 4 h 5 h 6 h 7 h 8 h 9 h 1 h 11 h 12 Manage $ $ $5, $5, $5, $5, $5, $5, $5, $5, $5, $5,

17 r Bartend ers Cooks Cleanin g DJ Serving Staff Other $ $ $ $ $8, $ $ $ $ $ $12, $5, $3, $2,5 $5, $12, $5, $3, $2,5 $5, $12, $5, $3, $2,5 $5, $12, $5, $3, $2,5 $5, $12, $5, $3, $2,5 $5, $12, $8, $3, $2,5 $5, $12, $8, $3, $2,5 $5, $12, $8, $3, $2,5 $5, $12, $8, $3, $2,5 $5, $12, $8, $3, $2,5 $5, $ $ $ $ $ $ $ $ $ $ $ $ Total People Total Payroll $8, $ $32,5 $32,5 $32,5 $32,5 $32,5 $35,5 $35,5 $35,5 $35,5 $35,5 General Assumptions h 1 h 2 h 3 h 4 h 5 h 6 h 7 h 8 h 9 h 1 h 11 h 12 Plan h Curren t Intere st Rate Long- term Intere st Rate Tax Rate Other Pro Forma Profit and Loss h 1 h 2 Sales $ $ Direct Cost of Sales $ $ h 3 h 4 h 5 Mon th 6 h 7 h 8 h 9 h 1 h 11 h 12 $4,4 $57,5 $57,5 $66,4 $53, $53, $6,5 $6,5 $6,5 $6,5 $8,65 $13,4 $13,4 $16,6 $1,9 $1,9 $14,1 $14,1 $14,1 $14, Other Producti $ $ $ $ $ $ $ $ $ $ $ $

18 on Expense s Total Cost of Sales $ $ Gross Margin $ $ Gross Margin.. Expense s Payroll Sales and Marketi ng and Other Expense s $75 $8, $ $2,7 5 $8,65 $13,4 $13,4 $16,6 $1,9 $1,9 $14,1 $14,1 $14,1 $14, $31,7 $44, $44, $49,8 $42, $42, $46,3 $46,3 $46,3 $46, $32,5 $32,5 $32,5 $32,5 $32,5 $35,5 $35,5 $35,5 $35,5 $35,5 $2,7 $2,7 $2,7 $2,7 $2,7 $2,7 $2,7 $2,7 $2,7 $2, Deprecia tion $ $238 $238 $238 $238 $238 $238 $238 $238 $238 $238 $238 Leased Equipme nt $ $3, $3, $3, $3, $3, $3, $3, $3, $3, $3, $3, Utilities $3 $3 $3 $3 $3 $3 $3 $3 $3 $3 $3 $3 Insuranc e Rent Payroll Taxes 15 $1, $4, $1, $4, $1,2 $ $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $4, $4, $4, $4, $4, $4, $4, $4, $4, $4, $4,87 $4,87 $4,87 $4,87 $4,87 $5,32 $5,32 $5,32 $5,32 $5, Other $ $ $ $ $ $ $ $ $ $ $ $ Total Operati ng Expense s Profit Before Interest and Taxes EBITDA $14,5 75 $1,6 13 ($14,5 ($1,6 75) 13) ($14,5 ($1,3 75) 75) $47,9 $47,9 $47,9 $47,9 $47,9 $51,4 $51,4 $51,4 $51,4 $51, ($16,2 38) ($16, ) ($3,9 13) ($3,6 75) ($3,9 $1,81 13) 2 ($3,6 $2,5 75) ($5,9 38) ($5,7 ) ($9,3 88) ($9,1 5) ($5,1 13) ($4,8 75) ($5,1 13) ($4,8 75) ($5,1 13) ($4,8 75) ($5,1 13) ($4,8 75)

19 Interest Expense $ $ $ $ $ $ $ $ $ $ $ $42 Taxes Incurred $ $ $ $ $ $ $ $ $ $ $ $ Net Profit ($14,5 ($1,6 ($16,2 75) 13) 38) Net Profit/S ales ($3,9 13) ($3,9 $1,81 13) ($5,9 38) ($9,3 88) ($5,1 13) ($5,1 13) ($5,1 13) ($5,1 55) Pro Forma Cash Flow Cash Receive d Cash from Operatio ns h 1 h 2 h 3 Cash $36,3 Sales $ $ 6 h 4 $51,7 5 Cash from Receivab les $ $ $ $135 Subtotal Cash from Operatio ns $ $ $36,3 6 Addition al Cash Received Sales Tax, VAT, HST/GST Received $51,8 85 h 5 $51,7 5 $4,9 7 $55,8 47 Mon th 6 $59, 76 $5,7 5 $65, 51 h 7 h 8 h 9 h 1 h 11 $47,7 $47,7 $54,4 $54,4 $54, $5,78 $6,59 $5,3 $5,32 $6,5 5 5 $53,4 $54,2 $59,7 $59,7 $6, Mon th 12 $54, 45 $6, 5 $6, 5. $ $ $ $ $ $ $ $ $ $ $ $ New Current Borrowi ng $ $ $ $ $ $ $ $ $ $ $ $5, New Other Liabilitie s (interest $ $ $ $ $ $ $ $ $ $ $ $

20 - free) New Long- term Liabilitie s $ $ $ $ $ $ $ $ $ $ $ $ Sales of Other Current Assets $ $ $ $ $ $ $ $ $ $ $ $ Sales of Long- term Assets $ $ $ $ $ $ $ $ $ $ $ $ New Investm ent Received $ $ $ $ $ $ $ $ $ $ $ $ Subtotal Cash Receive d $ $ $36,3 6 Expendit ures Expendit ures from Operatio ns Cash Spendin g h 1 h 2 h 3 $8, $32,5 $ Bill Payment $6,7 $11,1 s $ Subtotal Spent on Operatio ns Addition al Cash Spent $8,21 $6,7 $43, $51,8 85 h 4 $32,5 $33,4 32 $65,9 32 $55,8 47 h 5 $32,5 $33,7 52 $66,2 52 $65, 51 Mon th 6 $32, 5 $28, 897 $61, 397 $53,4 $54,2 $59,7 $59,7 $6, h 7 h 8 h 9 h 1 h 11 $32,5 $35,5 $35,5 $35,5 $35,5 $34,8 $2,2 $26,8 $33,3 $29, $67,3 $55,7 $62,3 $68,8 $65, $65, 5 Mon th 12 $35, 5 $29, 876 $65, 376 Sales Tax, VAT, HST/GST Paid Out $ $ $ $ $ $ $ $ $ $ $ $ Principal $ $ $ $ $ $ $ $ $ $ $ $

21 Repaym ent of Current Borrowi ng Other Liabilitie s Principal Repaym ent $ $ $ $ $ $ $ $ $ $ $ $ Long- term Liabilitie s Principal Repaym ent $ $ $ $ $ $ $ $ $ $ $ $ Purchas e Other Current Assets $ $ $ $ $ $ $ $ $ $ $ $ Purchas e Long- term Assets $ $ $ $ $ $ $ $ $ $ $ $ Dividend s $ $ $ $ $ $ $ $ $ $ $ $ Subtotal Cash Spent Net Cash Flow $8,21 $6,7 $43, ($8,2 19) ($6,7 2) $65,9 32 $66,2 52 ($7,2 ($14, ($1,4 83) 47) 5) $61, 397 $67,3 $55,7 $62,3 $68,8 $65, $4,1 ($13, ) ($1,4 12) ($2,6 26) ($9, 29) $65, 376 ($4,8 75) $124 Cash $69,2 $62,5 $55,2 $41,2 $3,8 $34, $21,1 $19,6 $17, $8,3 $3,16 $3,2 Balance Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan. Pro Forma Balance Sheet Assets Curren t Assets Starti ng Balan ces h 1 h 2 h 3 h 4 h 5 h 6 h 7 h 8 h 9 h 1 h 11 h 12

22 Cash $77,5 $69,2 81 $62,5 79 Accou nts Receiv able $ $ $ Invent ory $ $ $ $55,2 $41, $4,4 $9,65 5 $9,51 $14, $3,8 43 $11,3 8 $14,7 68 $34,9 $21, $12,1 $11, $18,2 $12, 6 45 $19,6 93 $1,4 23 $12, 45 $17, 68 $11,1 73 $15,5 93 $8,3 $3, $11,8 $11, $15,5 $15, $3,28 7 $11,8 98 $15,5 93 Other Curren t Assets $ $ $ $ $ $ $ $ $ $ $ $ $ Total Curren t Assets Long- term Assets Long- term Assets $77,5 $69,2 $62,5 $68,8 $65,6 $56,9 $65,4 $44,8 $42,1 $43,8 $35,5 $3,6 $3, $2, $2, $2, $2, $2, $2, Accum ulated Deprec iation $ $ $238 $476 $714 $952 Total Long- term Assets Total Assets Liabilit ies and Capital Curren t Liabiliti es Accou nts Payabl e $ $2, $2, $1,19 $1,42 8 $2, $1,66 6 $2, $1,9 4 $2, $2, $2,14 $2,38 2 $2, $2,61 8 $2, $2, $19,7 $19,5 $19,2 $19, $18,8 $18,5 $18,3 $18, $17,8 $17,6 $17, $97,5 $89,2 $82,3 $88,3 $84,9 $75,9 $84,2 $63,4 $6,4 $61,9 $53,3 $48,2 $48, h 1 h 2 h 3 h 4 h 5 h 6 h 7 h 8 h 9 h 1 h 11 h 12 $6,35 6 $1, 29 $32,3 $32, $27,7 19 $34,1 $19, $25,7 62 $32,3 8 $28,8 $28, Curren t Borro wing $ $ $ $ $ $ $ $ $ $ $ $ $28,9 19 $5,

23 Other Curren t Liabiliti es $ $ $ $ $ $ $ $ $ $ $ $ $ Subtot al Curren t Liabilit $6,35 $1, $32,3 $32,7 $27,7 $34,1 $19,3 $25,7 $32,3 $28,8 $28,8 $33,9 ies $ Long- term Liabiliti es $ $ $ $ $ $ $ $ $ $ $ $ $ Total Liabilit $6,35 $1, $32,3 $32,7 $27,7 $34,1 $19,3 $25,7 $32,3 $28,8 $28,8 $33,9 ies $ Paid- in Capital Retain ed Earnin gs $21, Earnin gs $ Total Capital Total Liabilit ies and Capital Net Worth $21, $21, $21, $21, $21, $21, $21, $21, $21, $21, $21, $21, ($112 ($112 ($112 ($112 ($112 ($112 ($112 ($112 ($112 ($112 ($112 ($112 ($112,5),5),5),5),5),5),5),5),5),5),5),5),5) ($14, 575) ($25, 188) ($41, 426) ($45, 339) ($49, 252) ($47, 44) ($53, 378) ($62, 766) ($67, 879) ($72, 992) ($78, 15) ($83, 26) $97,5 $82,9 $72,3 $56, $52,1 $48,2 $5, $44,1 $34,7 $29,6 $24,5 $19,3 $14, $97,5 $89,2 $82,3 $88,3 $84,9 $75,9 $84,2 $63,4 $6,4 $61,9 $53,3 $48,2 $48, $97,5 $82,9 $72,3 $56, $52,1 $48,2 $5, $44,1 $34,7 $29,6 $24,5 $19,3 $14, Read more: ZmA