Question
Help with financial plan. These are my costs. Feel free to use imagination but keep in mind this is a startup Projected Startup Costs Assets
Help with financial plan. These are my costs. Feel free to use imagination but keep in mind this is a startup
Projected Startup Costs |
|
Assets |
|
Inventory - $30,000 |
|
Cash - $100,000 |
|
FF&E- $24,000 |
|
Insurance- $2,353 |
|
$ 156,353 Expenses |
|
Permits/Licenses- $2,500 |
|
Lease Deposits- 5,000 |
|
Marketing- $25,000 |
|
Legal/Consulting- $4,000 |
|
Miscellaneous- $11,500 |
|
$48,000 |
|
Financing |
|
Owner Investment- $25,000 |
|
External Investment-$70,000 |
|
Bank Loan- No current loan |
|
Line of Credit- None |
|
$95,000 |
|
|
|
Total Costs: $300,000 |
|
FINANCIAL PLAN (5 years of pro forma statements)
a) Highlights of the Financial Statements
b) Months too Breakeven and too Positive Cash Flow
c) Key Cost Controls
e) Pro Forma Income Statements
f) Pro Forma Balance Sheets
g) Pro Forma Cash Flow Analysis
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started