This is for my own personal business I am wanting to develop or analyze, I need outside the box thinking. I've attached a liveplan document of which I've created my own business plan. I originally had this at 30.00, but sedatiolopez45 waited until 2 hours before deadline to report me for honor code violations. This is solely for my own personal enlightenment, and these were questions from exercises for business plans and entrepreneurship.

essay stating your future goals for the complete business plan, and include the following:

• Explain how yourLivePlanbusiness plan has evolved over time. Provide an analysis of the following areas: Management, Marketing, and Finance.
• Discuss how you want to use this plan in your professional life as either an intrapreneur or entrepreneur, or in a non-profit setting.
• Identify the challenges in management, marketing, and finance that you will most likely face along the way; and formulate potential solutions for these challenges.
• Identify the funding, marketing, and management options that you have; and assess the best course of action for financing your proposed business.

Formatyour paper consistent with APA guidelines.

Wright's Vertical Ranch Executive Summary Opportunity Problem Health-conscious individuals, vegans or vegetarians, and small business consumers are constantly seeking a service provider that meets or exceeds their satisfaction across the board for their produce consumption. Transitioning veterans are having issues with finding a career that is rewarding to them. Solution We will ensure that quality genetics for seeds or plants, nutrients, produce preservation, seed-to-harvest supplies, and simplistic hydroponics infrastructure will be incorporated into the organizations operations. We ensure that minimal water usage techniques are maximizing yields. Providing the local "mom and pop" establishments, farmer markets, and local online consumers an experience that military veterans can provide. Market Wright's Vertical Farms primary market is that of farmers markets. The attendees of these local events are already on the mindset of fresher, quality, and local crops. These farmers markets may have the potential for XXX consumers that are already visiting the event to take advantage of the services there. Ranging from that of fresh food consumers, organicoriented, vegetarian or vegan lifestyle individuals, and eco-conscious spenders. 1 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Competition Wright's Vertical Farm. Why settle for lower quality commercial grade produce when a fresh crop cut that day can be readily available locally. Growing in a state-of-the-art horticulture lab will ensure that every regulation in place for crop production in California is adhered to. There is other organic produce provided by farmers at farmer markets. Some of these farms might be hiring illegitimate workforce for a fraction of the cost, while we here are Wright's Vertical Farm utilizes military veterans trying to better themselves. Why Us? With the help of transitioning military veterans, Wright's Vertical Farm will provide FDA approved high-quality crop that was produced with state-ofthe-art hydroponic technology in a vertical infrastructure. Enabling our employee's access to horticultural education will play key in providing the satisfactory produce that consumers yearn for. Expectations Forecast Wright's Vertical Farm. This organization is projecting sales of $110,000 year 1 and $130,000 in year 2 showing a profit margin of 11%. This is under the assumption that vendor contracts, farmer markets, and online sales (during year 2) gradually climb. Maintenance of production will be done by the owner and spouse. The current margin is to ensure that consumers are receiving a quality product without trying to pick consumers pockets. 2 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Revenue Financing Needed Wright's Vertical Farm. Christopher Wright and immediate family members are collectively issuing an interest-free $50,000 loan. Loan repayment will start during year 3. So initial investments would be leasing an acre of land ($x.xx), infrastructure ($x.xx), production and harvesting equipment ($x.xx), compliance costs ($x.xx), marketing ($x.xx), with cash reserves ($x.xx). Future Products and Services After the initial startup and success of Wright's Vertical Farm, eyes will be on the horizon searching for the next opportunity within the agriculture industry. Here at Wright's Vertical Farm, organic compost derived from raw material produced on the farm itself will be created for a new product line of organic soil mixtures. This organic soil product will reduce or eliminate tillage, reduce soil erosion, the material holds more water, improve current soil, eliminate the need for synthetic fertilizers, and produce a clean quality crop. 3 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Gaining experience within the industry will provide an opportunity for farm consulting in the future as a service. Social Responsibility Wright's Vertical Farm takes social responsibility to a new level. With integrating eco-friendly technology to power servers for websites to the technology utilized to obtain sustainable agriculture initiatives. Our organization does not want to negatively impact the environment, but to benefit it. Renewable energy will be incorporated into the farm design to ensure that the sustainable agriculture crop is produced from clean energy. Every location that Wright's Vertical Farm uses as a business outlet will take into account of the well-being of the local populace. There is a strict policy on our labor rights and practices. Ensuring that all guidelines are being met that are set forth to federal and state requirements. 4 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Opportunity Problem & Solution Problem Worth Solving Health-conscious individuals, vegans or vegetarians, and small business consumers are constantly seeking a service provider that meets or exceeds their satisfaction across the board for their produce consumption. Transitioning veterans are having issues with finding a career that is rewarding to them. Our Solution Water Efficiency - Wright's Vertical Farm utilizes state of the art technology within an environment controlled greenhouse setting. Utilizing top feeding irrigation emitters with produce hanging vertically will enable full saturation and uptake of nutrients to plant root. Utilizing our methodologies, we can produce almost 500% more yields with fewer resources. Quality Control - Wright's Vertical Farm ensures that all forms of sanitation and hygiene are encompassed in day-to-day activities. All crop produced will adhere to all compliance regulations by required Agencies. Veteran Employment - Wright's Vertical Farm is a Supporter of the U.S. military members. The farming generations are retiring or passing. Allowing transitioning veterans a chance to acquire new career skills that can lead to establishing their own business or expand trade skills learned. Veterans can be found interning at Wright's Vertical Farm learning the essential foundational skills required in this industry. 5 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Target Market Wright's Vertical Farm. Why settle for lower quality commercial grade produce when a fresh crop cut that day can be readily available locally. Growing in a state-of-the-art horticulture lab will ensure that every regulation in place for crop production in California is adhered to. Some of these farms might be hiring illegitimate workforce for a fraction of the cost, while we here are Wright's Vertical Farm utilizes military veterans trying to better themselves. Our target market consists of fresh food seekers - those who prefer fresh over frozen or canned, organic food shoppers - individuals who prefer limited pesticides or chemicals that come into contact with their produce, eco-conscious individuals - limiting the organization's carbon footprint will help entice this group or veterans - who want a healthy living or education in sustainable agriculture. Competition Current Alternatives Farmer's Markets are saturated with organic produce; small businesses that have already created a name for themselves. So a solid niche to set Wright's Vertical Farm apart from its competitors would be key. The reduced overhead costs of utilizing vertical growing techniques would allow for reduced selling points for repeat consumers and to out price their competitors who may have higher farming expenses. Our Advantages The main advantage that Wright's Vertical Farm would have over their competitors is a reduced overhead cost that accompanies the utilization of vertical farming techniques. Being able to monopolize certain produce due to the vertical farming techniques massive yields with fewer expenses allows for control of that specific market on certain produce. 6 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Incorporating veterans into Wright's Vertical Farm also assist with targeting those who are sympathetic and want to support the military and service members. 7 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Execution Marketing & Sales Marketing Plan Wright's Vertical Ranch's has a minuscule budget, so developing visibility is critical. Social media platforms will expand the scope of potential consumers. All of Wrights Vertical Ranch's events will be advertised to encourage an increase in traffic there. A networking campaign will be developed and executed to obtain local restaurants support. Utilizing Facebook, Instagram, Youtube to build a presence will bring all types of consumers. Having the local newspapers feature Wright's Vertical Ranch will get the community awareness increased. Marketing Objectives 1. Maintain positive, steady growth each month. 2. Acquire new consumers and transition them to long-term ones. 3. Develop brand equity within farmer markets and at local restaurants. Financial Objectives 1. Realize a 2.5% increase in gross profit margins via efficiency gains every year. 2. Reduction in logistical/transportation expenses by 8% by end of the first year. 8 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Sales Plan Wright's Vertical Ranch's employees will be equipped with Square adapters for smartphones to accept card transactions with this point-of-sale application; American Express, Visa, MasterCard, and Google Pay accepted. A small cash box will be handy for cash transaction and change. Acquiring business clients to provide services are critical and the key to future expansion. Operations Locations & Facilities The physical location of Wright's Vertical Ranch is envisioned to be in the wineries of Temecula, California. The perfect climate that will help achieve production rates. A plot of land, greenhouses, and equipment will be incorporated into the location. There are many wineries with restaurants on their properties that can be utilized as local clients. Many farmer markets are located close by consistently. The location of the business will also be where I live. So I will be around the production of the crop on a daily basis. Technology Our point-of-sale system will be Square, as it is a secure method for processing transactions. The equipment needed to produce in Wright's Vertical Ranch's greenhouse structures are air conditioners, fans, environmental controls, water pumps, nutrients, soil, seeds, surveillance, etc. Utilize social media software to promote Wright's Vertical Ranch effectively and efficiently. 9 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Equipment & Tools Specific power saving LED lights are required to provide the full spectrum of light needed for plant growth while reducing overhead costs on electricity and air conditioning due to reduced heat signatures. Solar panels will be an investment to indulge in to offset the electric footprint produced at Wright's Vertical Ranch. PH pens, PPM pens, airstones/pumps, high-velocity fans, specific insect control, light-moving hangers and more will be required to ensure the environment is controlled. Hand pruners, gloves, slip-resistant shoes will be provided for employees. 10 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Milestones & Metrics Milestones Table Milestone Due Date Who's Responsible Details Establish physical operations location January 01, 2018 Wright's Vertical Farm Obtain a SBA loan to include funding for an headquarters to operate at. Facility SelfSustainability January 01, 2019 Wright's Vertical Ranch By January 2019, Wright's Vertical Ranch shall be selfsustaining. Meaning it will provide it's own resources to operate the ranch. From solar power operations to aquaponics to produce a free and organic nutrient readily available. Key Metrics Using comparable farm analytics, using similar farms that replicate Wright's Vertical Ranch's production processes, then producing relevant physical and financial KPI's. In doing so will showcase the profitability and productivity. Utilizing these KPI's will allow for any weaknesses that can be addressed. 11 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Key ranch profitability: Capacity of the stock/inventory Production/Yield of crop Quality of crop Overhead costs Competition/Demand Marketing Taking these key factors into account will help measure the success of Wright's Vertical Ranch. The data extracted from these KPI's will help management set the company on the right path to success. 12 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Company Overview Wright's Vertical Ranch is a sole proprietorship. Christopher Wright is accountable for all profits, business debts, losses or liabilities that may occur with the organization. There is a possibility for partnerships, but for the time being a sole proprietorship will suffice for the initial venture. Team Management Team Wright's Vertical Ranch is a managed by a small team. The owner, Christopher Wright, will maintain the day-to-day operations while his wife, Nicole Wright handles everything else outside of the operations production. Nicole has 7+ years of experience in accounting, inventory control, warehouse management, customer relations, event/schedule coordination, marketing, and project management with large commercial organizations. Christopher has 6 years of Information Technology experience gained in the United States Army. Along with that skill set he developed leadership, team building skills, can work under pressure, direct or take direction, systematic planning, safety emphasis, accurate data recording, ability to comply with all regulations, aptitude for adaptability, is client and service-oriented, and strives for high standards of quality and commitment to excellence. Advisors Wright's Vertical Farm. Realizing that Christopher or Nicole Wright are the agricultural experts with personal experiences, we are outsourcing for consultation. Advising from outside the management team will come from Blue Planet Consulting. 13 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Blue Planet Consulting is an organization which provides advisory services for design, planning, implementation and operation of urban agriculture projects. Utilizing their effective data, tools, innovation, network and expertise will create a path for success. Blue Planet Consulting specializes in hydroponics, greenhouses, vertical farms, and sustainability learning labs. 14 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Financial Plan Forecast Key Assumptions All of the crop produced will be marketed at set rates per lb value. The lettuce, tomatoes, and gourmet mushrooms will have different yields each month, but after the first year, an average can be determined. Productions will start out slow for the first 3 months until harvesting starts and everything can become perpetual. The American Mushroom Institute, University of California Vegetable Research and Information Center, and USDA ERS: Vegetable and Pulses Data (2017) the owner will be able to analyze and utilize this information for a more informed business decisions in terms of marketing, pricing, production, etc. With the current projections, they will need to be tweaked a little more to not drop 5% gains each consecutive year. 15 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Revenue by Month 16 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Expenses by Month Net Profit (or Loss) by Year 17 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Financing Use of Funds The biggest expense should be the initial startup. Obtaining a property to accommodate a warehouse for agricultural usage, equipment, raw materials, licensing fees, etc. That can estimate to about $3,500 monthly for everything. My wife and I will not pay ourselves for the first 6 months so more revenue can be reinvested into the business or put into an emergency fund. Sources of Funds Not being established I found it easier to fund this business through family at a low interest or none. My family is going to issue a $50,000.00 interestfree loan to be repaid back within 5 years. I have $23,000 in my personal savings. The payment for the loan will start during year 3 to ensure there has been ample enough time to establish positive cash flow. 18 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Statements Projected Profit & Loss 19 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch FY2019 FY2020 FY2021 $142,720 $134,834 $148,413 Direct Costs $17,400 $17,400 $17,400 Gross Margin $125,320 $117,434 $131,013 88% 87% 88% $14,000 $24,000 $24,000 $2,800 $4,800 $4,800 $18,000 $18,000 $18,000 $6,000 $6,000 $6,000 $12,000 $12,000 $12,000 Revenue Gross Margin % Operating Expenses Salary Employee Related Expenses Warehouse / Property Advertising Utilities 20 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Total Operating Expenses $52,800 $64,800 $64,800 Operating Income $72,520 $52,634 $66,213 $1,123 $1,319 $1,531 $14,279 $10,263 $12,937 Total Expenses $85,602 $93,782 $96,667 Net Profit $57,118 $41,052 $51,745 40% 30% 35% Interest Incurred Depreciation and Amortization Income Taxes Net Profit / Sales 21 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Projected Balance Sheet 22 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Cash Accounts Receivable FY2019 FY2020 FY2021 $114,299 $142,824 $188,830 $2,559 $2,184 $2,403 $116,858 $145,008 $191,234 $116,858 $145,008 $191,234 $356 $356 $356 Inventory Other Current Assets Total Current Assets Long-Term Assets Accumulated Depreciation Total Long-Term Assets Total Assets Accounts Payable 23 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Income Taxes Payable $14,279 $10,263 $12,937 $2,905 $2,696 $2,968 $18,199 $19,518 $21,048 $35,739 $32,833 $37,309 $30,841 $20,845 $10,849 $66,580 $53,678 $48,158 Retained Earnings ($6,840) $50,278 $91,330 Earnings $57,118 $41,052 $51,745 $50,278 $91,330 $143,075 Sales Taxes Payable Short-Term Debt Prepaid Revenue Total Current Liabilities Long-Term Debt Total Liabilities Paid-In Capital Total Owner's Equity 24 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Total Liabilities & Equity $116,858 $145,008 $191,234 25 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Projected Cash Flow Statement 26 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch FY2019 FY2020 FY2021 $57,118 $41,052 $51,745 ($2,559) $375 ($219) $356 $0 $0 $14,279 ($4,016) $2,674 $2,905 ($209) $272 Net Cash Flow from Operations Net Profit Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Accounts Payable Change in Income Tax Payable Change in Sales Tax Payable Change in Prepaid Revenue 27 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Net Cash Flow from Operations $72,099 $37,202 $54,472 Change in Long-Term Debt $30,841 ($9,996) ($9,996) Change in Short-Term Debt $11,359 $1,319 $1,531 $42,200 ($8,677) ($8,465) $0 $114,299 $142,824 $114,299 $28,525 $46,007 Investing & Financing Assets Purchased or Sold Investments Received Dividends & Distributions Net Cash Flow from Investing & Financing Cash at Beginning of Period Net Change in Cash 28 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Cash at End of Period $114,299 $142,824 $188,830 29 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, Wright's Vertical Ranch Appendix Profit and Loss Statement Profit and Loss Statement (With Monthly Detail) 30 Wright's Vertical Ranch FY2019 Sept '18 Oct '18 Nov '18 Dec '18 Jan '19 Feb '19 Mar '19 Apr '19 May '19 June '19 July '19 Aug '19 Revenue $10,345 $12,070 $10,745 $12,560 $14,105 $9,850 $14,045 $11,575 $11,115 $10,380 $12,765 $13,165 $1,450 $1,450 $1,450 $1,450 $1,450 $1,450 $1,450 $1,450 $1,450 $1,450 $1,450 $1,450 $8,895 $10,620 $9,295 $11,110 $12,655 $8,400 $12,595 $10,125 $9,665 $8,930 $11,315 $11,715 86% 88% 87% 88% 90% 85% 90% 87% 87% 86% 89% 89% $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 Direct Costs Gross Margin Gross Margin % Operating Expenses Salary 31 Wright's Vertical Ranch Employee Related Expenses Warehouse / Property $400 $400 $400 $400 $400 $400 $400 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 Total Operating Expenses $3,000 $3,000 $3,000 $3,000 $3,000 $5,400 $5,400 $5,400 $5,400 $5,400 $5,400 $5,400 Operating Income $5,895 $7,620 $6,295 $8,110 $9,655 $3,000 $7,195 $4,725 $4,265 $3,530 $5,915 $6,315 $86 $87 $86 $98 $101 $100 $89 $93 $87 $100 $96 $99 Advertising Utilities Interest Incurred 32 Wright's Vertical Ranch Depreciation and Amortization Income Taxes $1,162 $1,507 $1,241 $1,603 $1,910 $580 $1,422 $926 $836 $686 $1,163 $1,243 Total Expenses $5,698 $6,043 $5,777 $6,152 $6,461 $7,530 $8,361 $7,869 $7,773 $7,636 $8,110 $8,192 Net Profit $4,648 $6,026 $4,968 $6,408 $7,644 $2,320 $5,684 $3,706 $3,342 $2,744 $4,655 $4,973 45% 50% 46% 51% 54% 24% 40% 32% 30% 26% 36% 38% Net Profit / Sales 33 Wright's Vertical Ranch Revenue Direct Costs Gross Margin Gross Margin % FY2019 FY2020 FY2021 $142,720 $134,834 $148,413 $17,400 $17,400 $17,400 $125,320 $117,434 $131,013 88% 87% 88% $14,000 $24,000 $24,000 $2,800 $4,800 $4,800 Operating Expenses Salary Employee Related Expenses 34 Wright's Vertical Ranch Warehouse / Property $18,000 $18,000 $18,000 $6,000 $6,000 $6,000 $12,000 $12,000 $12,000 Total Operating Expenses $52,800 $64,800 $64,800 Operating Income $72,520 $52,634 $66,213 $1,123 $1,319 $1,531 $14,279 $10,263 $12,937 Advertising Utilities Interest Incurred Depreciation and Amortization Income Taxes 35 Wright's Vertical Ranch Total Expenses $85,602 $93,782 $96,667 Net Profit $57,118 $41,052 $51,745 40% 30% 35% Net Profit / Sales 36 Wright's Vertical Ranch Balance Sheet Balance Sheet (With Monthly Detail) 37 Wright's Vertical Ranch FY2019 Cash Accounts Receivable Sept '18 Oct '18 Nov '18 Dec '18 Jan '19 Feb '19 Mar '19 Apr '19 May '19 June '19 July '19 Aug '19 $55,078 $62,375 $69,834 $75,230 $84,690 $87,472 $91,492 $96,210 $101,590 $101,911 $107,681 $114,299 $2,011 $2,346 $2,089 $2,442 $2,742 $1,915 $2,730 $2,250 $2,161 $2,018 $2,481 $2,559 $57,089 $64,721 $71,923 $77,672 $87,432 $89,387 $94,222 $98,460 $103,751 $103,929 $110,162 $116,858 Inventory Other Current Assets Total Current Assets Long-Term Assets 38 Wright's Vertical Ranch Accumulated Depreciation Total LongTerm Assets Total Assets $57,089 $64,721 $71,923 $77,672 $87,432 $89,387 $94,222 $98,460 $103,751 $103,929 $110,162 $116,858 $356 $356 $356 $356 $356 $356 $356 $356 $356 $356 $356 $356 $1,162 $2,669 $3,910 $5,513 $7,423 $8,003 $9,425 $10,351 $11,187 $11,873 $13,036 $14,279 Sales Taxes Payable $828 $1,793 $2,653 $1,005 $2,133 $2,921 $1,124 $2,050 $2,939 $830 $1,851 $2,905 Short-Term Debt $16,932 $16,898 $17,864 $18,083 $17,994 $17,094 $17,453 $16,966 $18,023 $17,713 $17,940 $18,199 Accounts Payable Income Taxes Payable 39 Wright's Vertical Ranch Prepaid Revenue Total Current Liabilities $19,278 $21,716 $24,783 $24,957 $27,906 $28,374 $28,358 $29,723 $32,505 $30,772 $33,183 $35,739 $40,004 $39,171 $38,338 $37,505 $36,672 $35,839 $35,006 $34,173 $33,340 $32,507 $31,674 $30,841 $59,282 $60,887 $63,121 $62,462 $64,578 $64,213 $63,364 $63,896 $65,845 $63,279 $64,857 $66,580 Retained Earnings ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) ($6,840) Earnings $4,648 $10,674 $15,642 $22,050 $29,694 $32,014 $37,698 $41,404 $44,746 $47,490 $52,145 $57,118 Long-Term Debt Total Liabilities Paid-In Capital 40 Wright's Vertical Ranch Total Owner's Equity ($2,193) $3,834 $8,802 $15,210 $22,854 $25,174 $30,858 $34,564 $37,906 $40,650 $45,305 $50,278 Total Liabilities & Equity $57,089 $64,721 $71,923 $77,672 $87,432 $89,387 $94,222 $98,460 $103,751 $103,929 $110,162 $116,858 41 Wright's Vertical Ranch Cash Accounts Receivable FY2019 FY2020 FY2021 $114,299 $142,824 $188,830 $2,559 $2,184 $2,403 $116,858 $145,008 $191,234 Inventory Other Current Assets Total Current Assets Long-Term Assets Accumulated Depreciation 42 Wright's Vertical Ranch Total Long-Term Assets Total Assets Accounts Payable Income Taxes Payable Sales Taxes Payable Short-Term Debt $116,858 $145,008 $191,234 $356 $356 $356 $14,279 $10,263 $12,937 $2,905 $2,696 $2,968 $18,199 $19,518 $21,048 $35,739 $32,833 $37,309 Prepaid Revenue Total Current Liabilities 43 Wright's Vertical Ranch Long-Term Debt $30,841 $20,845 $10,849 $66,580 $53,678 $48,158 Retained Earnings ($6,840) $50,278 $91,330 Earnings $57,118 $41,052 $51,745 $50,278 $91,330 $143,075 $116,858 $145,008 $191,234 Total Liabilities Paid-In Capital Total Owner's Equity Total Liabilities & Equity 44 Wright's Vertical Ranch Cash Flow Statement Cash Flow Statement (With Monthly Detail) 45 Wright's Vertical Ranch FY2019 Sept '18 Oct '18 Nov '18 Dec '18 Jan '19 Feb '19 Mar '19 Apr '19 May '19 June '19 July '19 Aug '19 $4,648 $6,026 $4,968 $6,408 $7,644 $2,320 $5,684 $3,706 $3,342 $2,744 $4,655 $4,973 ($2,011) ($335) $257 ($353) ($300) $827 ($816) $480 $89 $143 ($464) ($78) Net Cash Flow from Operations Net Profit Depreciation & Amortization Change in Accounts Receivable Change in Inventory 46 Wright's Vertical Ranch Change in Accounts Payable Change in Income Tax Payable Change in Sales Tax Payable $356 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,162 $1,507 $1,241 $1,603 $1,910 $580 $1,422 $926 $836 $686 $1,163 $1,243 $828 $965 $860 ($1,648) $1,128 $788 ($1,797) $926 $889 ($2,109) $1,021 $1,054 $4,982 $8,163 $7,326 $6,011 $10,382 $4,515 $4,494 $6,038 $5,156 $1,464 $6,376 $7,192 Change in Prepaid Revenue Net Cash Flow from Operations Investing & Financing 47 Wright's Vertical Ranch Assets Purchased or Sold Investments Received Change in Long-Term Debt $40,004 ($833) ($833) ($833) ($833) ($833) ($833) ($833) ($833) ($833) ($833) ($833) Change in Short-Term Debt $10,092 ($33) $966 $218 ($89) ($900) $359 ($487) $1,057 ($310) $226 $259 $50,096 ($866) $133 ($615) ($922) ($1,733) ($474) ($1,320) $224 ($1,143) ($607) ($574) Dividends & Distributions Net Cash Flow from Investing & Financing 48 Wright's Vertical Ranch Cash at Beginning of Period Net Change in Cash Cash at End of Period $0 $55,078 $62,375 $69,834 $75,230 $84,690 $87,472 $91,492 $96,210 $101,590 $101,911 $107,681 $55,078 $7,297 $7,459 $5,396 $9,460 $2,782 $4,019 $4,718 $5,380 $321 $5,769 $6,618 $55,078 $62,375 $69,834 $75,230 $84,690 $87,472 $91,492 $96,210 $101,590 $101,911 $107,681 $114,299 49 Wright's Vertical Ranch FY2019 FY2020 FY2021 $57,118 $41,052 $51,745 ($2,559) $375 ($219) $356 $0 $0 $14,279 ($4,016) $2,674 Net Cash Flow from Operations Net Profit Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Accounts Payable Change in Income Tax Payable 50 Wright's Vertical Ranch Change in Sales Tax Payable $2,905 ($209) $272 $72,099 $37,202 $54,472 Change in Long-Term Debt $30,841 ($9,996) ($9,996) Change in Short-Term Debt $11,359 $1,319 $1,531 Change in Prepaid Revenue Net Cash Flow from Operations Investing & Financing Assets Purchased or Sold Investments Received 51 Wright's Vertical Ranch Dividends & Distributions Net Cash Flow from Investing & Financing Cash at Beginning of Period Net Change in Cash Cash at End of Period $42,200 ($8,677) ($8,465) $0 $114,299 $142,824 $114,299 $28,525 $46,007 $114,299 $142,824 $188,830 52