You are submitting a business plan to investors for a NEW small business selling a service.

What is the formula for figuring out yearly Cash Balance on the Pro Forma Cash flow sheet on your business plan? YOU ARE SELLING A SERVICE, NOT A PRODUCT. Show your work & examples. Just use a simple table/sheet, no graph. *Show for sales, not a product, you are selling a service for this question. Make up your own sales numbers.

*BONUS POINTS* Show and explain why & where the sales numbers came from on the business plan.