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
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
10th edition
978-1119305736
