IntroductionFinancial Projection ModelThis spreadsheet walks you through the process of developing an integrated set of financial projections.To use this model, simply complete any information asked for found in the color yellow.Example: Fill in boxes that look like this0.0A number found in the color green is optional information that you can complete.Example: Check these assumptions0.0Otherwise, any information found in black type is automatically calculated for you.Although the cells that are calculated are locked (or protected), you can turn off this protection to modify the sheets.To do this, select "Tools" from the menu bar at the top of the screen. Then select, "Protection."Finally, select "Unprotect Sheet" and you will be able to edit any labels or formulas.Before you begin, we need some information about your business to best customize your financial statements.Please enter the name of your business in the box below:Enter Your Business Name HereThe first six worksheets in this workbook are steps you will need to complete. They are titled:1. Required Start-Up Funds2. Salaries and Wages3. Fixed Operating Expenses4. Projected Sales Forecast (2 sheets)5. Cash Receipts and DisbursementsThe sixth step titled, "Beginning Balance Sheet" is for existing businesses only.Begin by clicking on the tabs belowq

1. Required Start-Up FundsEnter Your Business Name Here11-Jul-08Required Start-Up FundsRequired Start-Up FundsAmountTotalsDepreciationNotesFixed AssetsReal Estate0.0Buildings0.020.00yearsLeasehold Improvements0.07.00yearsEquipment0.07.00yearsFurniture and Fixtures0.05.00yearsVehicles0.05.00yearsOther Fixed Assets0.05.00yearsTotal Fixed Assets0.0Operating CapitalPre-Opening Salaries and Wages0.0Prepaid Insurance Premiums0.0Beginning Inventory0.0Legal and Accounting Fees0.0Rent Deposits0.0Utility Deposits0.0Supplies0.0Advertising and Promotions0.0Licenses0.0Other Initial Start-Up Costs0.0Working Capital (Cash On Hand)0.0Total Operating Capital0.0Total Required Funds0.0Sources of FundingAmountTotalsLoan RateTerm in MonthsMonthly PaymentsOwner's Cash Injection0.00%0.0Outside Investors0.00%0.0Additional Loans or DebtCommercial Loan0.00%0.09.00%84.00$0.00Commercial Mortgage0.00%0.09.00%240.00$0.00Total Sources of Funding0.00%0.0$0.0000.0

2. Salaries and WagesEnter Your Business Name Here11-Jul-08Salaries and WagesSalaries and Related Expenses#AssumptionsWage BaseMonthlyYear OneYear TwoYear ThreePercent Change3.00%3.00%Salaries and WagesOwner's Compensation00.00.00.00.0Salaries00.00.00.00.0WagesFull-Time Employees00.00.00.00.0Estimated Hours Per Week40.00Estimated Rate Per Hour$9.00Part-Time Employees00.00.00.00.0Estimated Hours Per Week20.00Estimated Rate Per Hour$9.00Independent Contractors0.00.00.00.0Total Salaries and Wages00.00.00.00.0Payroll Taxes and BenefitsSocial Security6.20%$102,0000.00.00.00.0Medicare1.45%0.00.00.00.0Federal Unemployment Tax (FUTA)0.80%$7,0000.00.00.00.0State Unemployment Tax (SUTA)2.70%$7,0000.00.00.00.0Employee Pension Programs0.00%0.00.00.00.0Worker's Compensation0.00%0.00.00.00.0Employee Health Insurance0.00%0.00.00.00.0Other Employee Benefit Programs0.00%0.00.00.00.0Total Payroll Taxes and Benefits0.00.00.00.0Total Salaries and Related Expenses0.00.00.00.0

3. Fixed Operating ExpensesEnter Your Business Name Here11-Jul-08Fixed Operating ExpensesFixed Operating ExpensesMonthlyYear OneYear TwoYear ThreeNotesPercent Change3.00%3.00%ExpensesAdvertising0.00.00.00.0Car and Truck Expenses0.00.00.00.0Commissions and Fees0.00.00.00.0Contract Labor0.00.00.00.0Credit Card and Bank Charges0.00.00.00.0Customer Discounts and Refunds0.00.00.00.0Dues and Subscriptions0.00.00.00.0Entertainment0.00.00.00.0Insurance (Liability and Property)0.00.00.00.0Internet0.00.00.00.0Legal and Professional Fees0.00.00.00.0Office Expenses0.00.00.00.0Postage and Delivery0.00.00.00.0Rent (on business property)0.00.00.00.0Rent of Vehicles and Equipment0.00.00.00.0Repairs and Maintenance0.00.00.00.0Supplies0.00.00.00.0Telephone and Communications0.00.00.00.0Travel0.00.00.00.0Utilities0.00.00.00.0Total Expenses0.00.00.00.0Other ExpensesDepreciation0.00.00.00.0InterestCommercial Loan0.00.00.00.0Commercial Mortgage0.00.00.00.0Line of Credit0.00.00.00.0Total Other Expenses0.00.00.00.0Total Fixed Operating Expenses0.00.00.00.0

4. Projected Sales ForecastEnter Your Business Name Here11-Jul-08Projected Sales ForecastProducts and ServicesAssumptions%Month 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsProduct/Service APrice Per Unit0.0100.00%Variable Cost Per Unit0.00.00%Gross Margin Per Unit0.00.00%Projected Unit SalesSeasonality Factor0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Year One0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Two Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Three Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Expense Allocation50.00%Projected Revenue0.0Variable Costs0.0Gross Margin0.0Fixed Expenses0.0Profit0.00.00%Breakeven Sales Revenue0.0Breakeven Sales Units0.0Product/Service BPrice Per Unit0.0100.00%Variable Cost Per Unit0.00.00%Gross Margin Per Unit0.00.00%Projected Unit SalesSeasonality Factor0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Year One0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Two Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Three Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Expense Allocation16.67%Projected Revenue0.0Variable Costs0.0Gross Margin0.0Fixed Expenses0.0Profit0.00.00%Breakeven Sales Revenue0.0Breakeven Sales Units0.0

5. Projected Sales Forecast (2)Enter Your Business Name Here11-Jul-08Projected Sales Forecast - Page 2Products and ServicesAssumptions%Month 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsProduct/Service CPrice Per Unit0.0100.00%Variable Cost Per Unit0.00.00%Gross Margin Per Unit0.00.00%Projected Unit SalesSeasonality Factor0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Year One0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Two Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Three Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Expense Allocation16.67%Projected Revenue0.0Variable Costs0.0Gross Margin0.0Fixed Expenses0.0Profit0.00.00%Breakeven Sales Revenue0.0Breakeven Sales Units0.0Product/Service DPrice Per Unit0.0100.00%Variable Cost Per Unit0.00.00%Gross Margin Per Unit0.00.00%Projected Unit SalesSeasonality Factor0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Year One0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Two Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Year Three Growth10.00%0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Expense Allocation16.67%Projected Revenue0.0Variable Costs0.0Gross Margin0.0Fixed Expenses0.0Profit0.00.00%Breakeven Sales Revenue0.0Breakeven Sales Units0.0

6. Cash Receipts-DisbursementsEnter Your Business Name Here11-Jul-08Cash Receipts and DisbursementsAccounts Receivable CollectionsPercent of Collections0 to 30 days100.00%31 to 60 days0.00%More than 60 days0.00%Total Collections Percentage100.00%Accounts Payable DisbursementsNumber of Days to Pay Suppliers0 to 30 days100.00%31 to 60 days0.00%More than 60 days0.00%Total Disbursements Percentage100.00%Line of Credit AssumptionsDesired Minimum Cash Balance0.0Line of Credit Interest Rate9.00%Income Tax AssumptionsEffective Income Tax Rate0.00%0.00.0Amortization of Start-Up Expenses0.00.0Amortization Period in Years3.000.0

7. Beginning Balance SheetEnter Your Business Name HereBalance Sheet (For Existing Businesses Only)12/31/06%AssetsCurrent AssetsCash0.0Accounts Receivable0.0Inventory0.0Prepaid Expenses0.0Other Current0.0Total Current Assets0.0Fixed AssetsReal Estate0.0Buildings0.0Leasehold Improvements0.0Equipment0.0Furniture and Fixtures0.0Vehicles0.0Other Fixed Assets0.0Total Fixed Assets0.0Less: Accumulated Depreciation0.0Total Assets0.0Liabilities and Owner's EquityLiabilitiesAccounts Payable0.0Notes Payable0.0Mortgage Payable0.0Line of Credit Balance0.0Total Liabilities0.0Owner's EquityCommon Stock0.0Retained Earnings0.0Dividends Dispersed0.0Total Owner's Equity0.0Total Liabilities and Owner's Equity0.0Statement Balances

8. Income StatementEnter Your Business Name HereProjected Income Statement - Year OneMonth 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsIncomeProduct/Service A0.00.00.00.00.00.00.00.00.00.00.00.00.0Product/Service B0.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.0Total Income0.00.00.00.00.00.00.00.00.00.00.00.00.0Cost of SalesProduct/Service A0.00.00.00.00.00.00.00.00.00.00.00.00.0Product/Service B0.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cost of Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Gross Margin0.00.00.00.00.00.00.00.00.00.00.00.00.0Salaries and WagesOwner's Compensation0.00.00.00.00.00.00.00.00.00.00.00.00.0Salaries0.00.00.00.00.00.00.00.00.00.00.00.00.0Full-Time Employees0.00.00.00.00.00.00.00.00.00.00.00.00.0Part-Time Employees0.00.00.00.00.00.00.00.00.00.00.00.00.0Independent Contractors0.00.00.00.00.00.00.00.00.00.00.00.00.0Payroll Taxes and Benefits0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Salary and Wages0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Business ExpensesAdvertising0.00.00.00.00.00.00.00.00.00.00.00.00.0Car and Truck Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Commissions and Fees0.00.00.00.00.00.00.00.00.00.00.00.00.0Contract Labor0.00.00.00.00.00.00.00.00.00.00.00.00.0Credit Card and Bank Charges0.00.00.00.00.00.00.00.00.00.00.00.00.0Customer Discounts and Refunds0.00.00.00.00.00.00.00.00.00.00.00.00.0Dues and Subscriptions0.00.00.00.00.00.00.00.00.00.00.00.00.0Entertainment0.00.00.00.00.00.00.00.00.00.00.00.00.0Insurance (Liability and Property)0.00.00.00.00.00.00.00.00.00.00.00.00.0Internet0.00.00.00.00.00.00.00.00.00.00.00.00.0Legal and Professional Fees0.00.00.00.00.00.00.00.00.00.00.00.00.0Office Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Postage and Delivery0.00.00.00.00.00.00.00.00.00.00.00.00.0Rent (on business property)0.00.00.00.00.00.00.00.00.00.00.00.00.0Rent of Vehicles and Equipment0.00.00.00.00.00.00.00.00.00.00.00.00.0Repairs and Maintenance0.00.00.00.00.00.00.00.00.00.00.00.00.0Supplies0.00.00.00.00.00.00.00.00.00.00.00.00.0Telephone and Communications0.00.00.00.00.00.00.00.00.00.00.00.00.0Travel0.00.00.00.00.00.00.00.00.00.00.00.00.0Utilities0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Fixed Business Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Other ExpensesAmortized Start-up Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Depreciation0.00.00.00.00.00.00.00.00.00.00.00.00.0InterestCommercial Loan0.00.00.00.00.00.00.00.00.00.00.00.00.0Commercial Mortgage0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit0.00.00.00.00.00.00.00.00.00.00.00.00.0Taxes0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Other Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Net Income0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0

9. Cash Flow StatementEnter Your Business Name HereProjected Cash Flow Statement - Year OneMonth 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsBeginning Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Cash InflowsIncome from Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Accounts Receivable0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cash Inflows0.00.00.00.00.00.00.00.00.00.00.00.00.0Cash OutflowsInvesting ActivitiesNew Capital Purchases0.00.00.00.00.00.00.00.00.00.00.00.00.0Inventory Purchases0.00.00.00.00.00.00.00.00.00.00.00.00.0Cost of Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Operating ActivitiesSalaries and Wages0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Business Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Taxes0.00.00.00.00.00.00.00.00.00.00.00.00.0Financing Activities0.0Loan Payments0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Interest0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Repayments0.00.00.00.00.00.00.00.00.00.00.00.00.0Dividends Paid0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cash Outflows0.00.00.00.00.00.00.00.00.00.00.00.00.0Cash Flow0.00.00.00.00.00.00.00.00.00.00.00.00.0Operating Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Drawdowns0.00.00.00.00.00.00.00.00.00.00.00.00.0Ending Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Balance0.00.00.00.00.00.00.00.00.00.00.00.0

10. Balance SheetEnter Your Business Name HereBalance Sheet - Year OneBase PeriodEnd of Year OneAssetsCurrent AssetsCash0.00.0Accounts Receivable0.00.0Inventory0.00.0Prepaid Expenses0.00.0Other Current0.00.0Total Current Assets0.00.0Fixed AssetsReal Estate0.00.0Buildings0.00.0Leasehold Improvements0.00.0Equipment0.00.0Furniture and Fixtures0.00.0Vehicles0.00.0Other Fixed Assets0.00.0Total Fixed Assets0.00.0Less: Accumulated Depreciation0.00.0Total Assets0.00.0Liabilities and Owner's EquityLiabilitiesAccounts Payable0.00.0Notes Payable0.00.0Mortgage Payable0.00.0Line of Credit Balance0.00.0Total Liabilities0.00.0Owner's EquityCommon Stock0.00.0Retained Earnings0.00.0Dividends Dispersed0.00.0Total Owner's Equity0.00.0Total Liabilities and Owner's Equity0.00.0Statement BalancesStatement Balances

11. Year End SummaryEnter Your Business Name HereYear End SummaryYear One%Year Two%Year Three%IncomeProduct/Service A0.00.00.0Product/Service B0.00.00.000.00.00.000.00.00.0Total Income0.0100.00%0.0100.00%0.0100.00%Cost of SalesProduct/Service A0.00.00.0Product/Service B0.00.00.000.00.00.000.00.00.0Total Cost of Sales0.00.00%0.00.00%0.00.00%Gross Margin0.00.00%0.00.00%0.00.00%Salaries and WagesOwner's Compensation0.00.00.0Salaries0.00.00.0Full-Time Employees0.00.00.0Part-Time Employees0.00.00.0Independent Contractors0.00.00.0Payroll Taxes and Benefits0.00.00.0Total Salary and Wages0.00.00%0.00.00%0.00.00%Fixed Business ExpensesAdvertising0.00.00.0Car and Truck Expenses0.00.00.0Commissions and Fees0.00.00.0Contract Labor0.00.00.0Credit Card and Bank Charges0.00.00.0Customer Discounts and Refunds0.00.00.0Dues and Subscriptions0.00.00.0Entertainment0.00.00.0Insurance (Liability and Property)0.00.00.0Internet0.00.00.0Legal and Professional Fees0.00.00.0Office Expenses0.00.00.0Postage and Delivery0.00.00.0Rent (on business property)0.00.00.0Rent of Vehicles and Equipment0.00.00.0Repairs and Maintenance0.00.00.0Supplies0.00.00.0Telephone and Communications0.00.00.0Travel0.00.00.0Utilities0.00.00.0Total Fixed Business Expenses0.00.00%0.00.00%0.00.00%Other ExpensesAmortized Start-up Expenses0.00.00.0Depreciation0.00.00.0InterestCommercial Loan0.00.00.0Commercial Mortgage0.00.00.0Line of Credit0.00.00.0Taxes0.00.00.0Total Other Expenses0.00.00%0.00.00%0.00.00%Net Income0.00.00%0.00.00%0.00.00%

12. Income Statement (2)Enter Your Business Name HereProjected Income Statement - Year TwoMonth 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsIncomeProduct/Service A0.00.00.00.00.00.00.00.00.00.00.00.00.0Product/Service B0.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.0Total Income0.00.00.00.00.00.00.00.00.00.00.00.00.0Cost of SalesProduct/Service A0.00.00.00.00.00.00.00.00.00.00.00.00.0Product/Service B0.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cost of Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Gross Margin0.00.00.00.00.00.00.00.00.00.00.00.00.0Salaries and WagesOwner's Compensation0.00.00.00.00.00.00.00.00.00.00.00.00.0Salaries0.00.00.00.00.00.00.00.00.00.00.00.00.0Full-Time Employees0.00.00.00.00.00.00.00.00.00.00.00.00.0Part-Time Employees0.00.00.00.00.00.00.00.00.00.00.00.00.0Independent Contractors0.00.00.00.00.00.00.00.00.00.00.00.00.0Payroll Taxes and Benefits0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Salary and Wages0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Business ExpensesAdvertising0.00.00.00.00.00.00.00.00.00.00.00.00.0Car and Truck Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Commissions and Fees0.00.00.00.00.00.00.00.00.00.00.00.00.0Contract Labor0.00.00.00.00.00.00.00.00.00.00.00.00.0Credit Card and Bank Charges0.00.00.00.00.00.00.00.00.00.00.00.00.0Customer Discounts and Refunds0.00.00.00.00.00.00.00.00.00.00.00.00.0Dues and Subscriptions0.00.00.00.00.00.00.00.00.00.00.00.00.0Entertainment0.00.00.00.00.00.00.00.00.00.00.00.00.0Insurance (Liability and Property)0.00.00.00.00.00.00.00.00.00.00.00.00.0Internet0.00.00.00.00.00.00.00.00.00.00.00.00.0Legal and Professional Fees0.00.00.00.00.00.00.00.00.00.00.00.00.0Office Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Postage and Delivery0.00.00.00.00.00.00.00.00.00.00.00.00.0Rent (on business property)0.00.00.00.00.00.00.00.00.00.00.00.00.0Rent of Vehicles and Equipment0.00.00.00.00.00.00.00.00.00.00.00.00.0Repairs and Maintenance0.00.00.00.00.00.00.00.00.00.00.00.00.0Supplies0.00.00.00.00.00.00.00.00.00.00.00.00.0Telephone and Communications0.00.00.00.00.00.00.00.00.00.00.00.00.0Travel0.00.00.00.00.00.00.00.00.00.00.00.00.0Utilities0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Fixed Business Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Other ExpensesAmortized Start-up Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Depreciation0.00.00.00.00.00.00.00.00.00.00.00.00.0InterestCommercial Loan0.00.00.00.00.00.00.00.00.00.00.00.00.0Commercial Mortgage0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit0.00.00.00.00.00.00.00.00.00.00.00.00.0Taxes0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Other Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Net Income0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0

13. Cash Flow Statement (2)Enter Your Business Name HereProjected Cash Flow Statement - Year TwoMonth 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsBeginning Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Cash InflowsIncome from Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Accounts Receivable0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cash Inflows0.00.00.00.00.00.00.00.00.00.00.00.00.0Cash OutflowsInvesting ActivitiesNew Capital Purchases0.00.00.00.00.00.00.00.00.00.00.00.00.0Inventory Purchases0.00.00.00.00.00.00.00.00.00.00.00.00.0Cost of Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Operating ActivitiesSalaries and Wages0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Business Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Taxes0.00.00.00.00.00.00.00.00.00.00.00.00.0Financing Activities0.0Loan Payments0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Interest0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Repayments0.00.00.00.00.00.00.00.00.00.00.00.00.0Dividends Paid0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cash Outflows0.00.00.00.00.00.00.00.00.00.00.00.00.0Cash Flow0.00.00.00.00.00.00.00.00.00.00.00.00.0Operating Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Drawdowns0.00.00.00.00.00.00.00.00.00.00.00.00.0Ending Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Balance0.00.00.00.00.00.00.00.00.00.00.00.0

14. Balance Sheet (2)Enter Your Business Name HereBalance Sheet - Year TwoEnd of Year OneEnd of Year TwoAssetsCurrent AssetsCash0.00.0Accounts Receivable0.00.0Inventory0.00.0Prepaid Expenses0.00.0Other Current0.00.0Total Current Assets0.00.0Fixed AssetsReal Estate0.00.0Buildings0.00.0Leasehold Improvements0.00.0Equipment0.00.0Furniture and Fixtures0.00.0Vehicles0.00.0Other Fixed Assets0.00.0Total Fixed Assets0.00.0Less: Accumulated Depreciation0.00.0Total Assets0.00.0Liabilities and Owner's EquityLiabilitiesAccounts Payable0.00.0Notes Payable0.00.0Mortgage Payable0.00.0Line of Credit Balance0.00.0Total Liabilities0.00.0Owner's EquityCommon Stock0.00.0Retained Earnings0.00.0Dividends Dispersed0.00.0Total Owner's Equity0.00.0Total Liabilities and Owner's Equity0.00.0Statement BalancesStatement Balances

15. Income Statement (3)Enter Your Business Name HereProjected Income Statement - Year ThreeMonth 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsIncomeProduct/Service A0.00.00.00.00.00.00.00.00.00.00.00.00.0Product/Service B0.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.0Total Income0.00.00.00.00.00.00.00.00.00.00.00.00.0Cost of SalesProduct/Service A0.00.00.00.00.00.00.00.00.00.00.00.00.0Product/Service B0.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.000.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cost of Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Gross Margin0.00.00.00.00.00.00.00.00.00.00.00.00.0Salaries and WagesOwner's Compensation0.00.00.00.00.00.00.00.00.00.00.00.00.0Salaries0.00.00.00.00.00.00.00.00.00.00.00.00.0Full-Time Employees0.00.00.00.00.00.00.00.00.00.00.00.00.0Part-Time Employees0.00.00.00.00.00.00.00.00.00.00.00.00.0Independent Contractors0.00.00.00.00.00.00.00.00.00.00.00.00.0Payroll Taxes and Benefits0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Salary and Wages0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Business ExpensesAdvertising0.00.00.00.00.00.00.00.00.00.00.00.00.0Car and Truck Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Commissions and Fees0.00.00.00.00.00.00.00.00.00.00.00.00.0Contract Labor0.00.00.00.00.00.00.00.00.00.00.00.00.0Credit Card and Bank Charges0.00.00.00.00.00.00.00.00.00.00.00.00.0Customer Discounts and Refunds0.00.00.00.00.00.00.00.00.00.00.00.00.0Dues and Subscriptions0.00.00.00.00.00.00.00.00.00.00.00.00.0Entertainment0.00.00.00.00.00.00.00.00.00.00.00.00.0Insurance (Liability and Property)0.00.00.00.00.00.00.00.00.00.00.00.00.0Internet0.00.00.00.00.00.00.00.00.00.00.00.00.0Legal and Professional Fees0.00.00.00.00.00.00.00.00.00.00.00.00.0Office Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Postage and Delivery0.00.00.00.00.00.00.00.00.00.00.00.00.0Rent (on business property)0.00.00.00.00.00.00.00.00.00.00.00.00.0Rent of Vehicles and Equipment0.00.00.00.00.00.00.00.00.00.00.00.00.0Repairs and Maintenance0.00.00.00.00.00.00.00.00.00.00.00.00.0Supplies0.00.00.00.00.00.00.00.00.00.00.00.00.0Telephone and Communications0.00.00.00.00.00.00.00.00.00.00.00.00.0Travel0.00.00.00.00.00.00.00.00.00.00.00.00.0Utilities0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Fixed Business Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Other ExpensesAmortized Start-up Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Depreciation0.00.00.00.00.00.00.00.00.00.00.00.00.0InterestCommercial Loan0.00.00.00.00.00.00.00.00.00.00.00.00.0Commercial Mortgage0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit0.00.00.00.00.00.00.00.00.00.00.00.00.0Taxes0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Other Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Net Income0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0

16. Cash Flow Statement (3)Enter Your Business Name HereProjected Cash Flow Statement - Year ThreeMonth 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsBeginning Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Cash InflowsIncome from Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Accounts Receivable0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cash Inflows0.00.00.00.00.00.00.00.00.00.00.00.00.0Cash OutflowsInvesting ActivitiesNew Capital Purchases0.00.00.00.00.00.00.00.00.00.00.00.00.0Inventory Purchases0.00.00.00.00.00.00.00.00.00.00.00.00.0Cost of Sales0.00.00.00.00.00.00.00.00.00.00.00.00.0Operating ActivitiesSalaries and Wages0.00.00.00.00.00.00.00.00.00.00.00.00.0Fixed Business Expenses0.00.00.00.00.00.00.00.00.00.00.00.00.0Taxes0.00.00.00.00.00.00.00.00.00.00.00.00.0Financing Activities0.0Loan Payments0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Interest0.00.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Repayments0.00.00.00.00.00.00.00.00.00.00.00.00.0Dividends Paid0.00.00.00.00.00.00.00.00.00.00.00.00.0Total Cash Outflows0.00.00.00.00.00.00.00.00.00.00.00.00.0Cash Flow0.00.00.00.00.00.00.00.00.00.00.00.00.0Operating Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Drawdowns0.00.00.00.00.00.00.00.00.00.00.00.00.0Ending Cash Balance0.00.00.00.00.00.00.00.00.00.00.00.0Line of Credit Balance0.00.00.00.00.00.00.00.00.00.00.00.0

17. Balance Sheet (3)Enter Your Business Name HereBalance Sheet - Year ThreeEnd of Year TwoEnd of Year ThreeAssetsCurrent AssetsCash0.00.0Accounts Receivable0.00.0Inventory0.00.0Prepaid Expenses0.00.0Other Current0.00.0Total Current Assets0.00.0Fixed AssetsReal Estate0.00.0Buildings0.00.0Leasehold Improvements0.00.0Equipment0.00.0Furniture and Fixtures0.00.0Vehicles0.00.0Other Fixed Assets0.00.0Total Fixed Assets0.00.0Less: Accumulated Depreciation0.00.0Total Assets0.00.0Liabilities and Owner's EquityLiabilitiesAccounts Payable0.00.0Notes Payable0.00.0Mortgage Payable0.00.0Line of Credit Balance0.00.0Total Liabilities0.00.0Owner's EquityCommon Stock0.00.0Retained Earnings0.00.0Dividends Dispersed0.00.0Total Owner's Equity0.00.0Total Liabilities and Owner's Equity0.00.0Statement BalancesStatement Balances

18. Financial RatiosEnter Your Business Name HereFinancial RatiosRatioYear OneYear TwoYear ThreeLiquidityCurrent Ratio0.00.00.0Quick Ratio0.00.00.0SafetyDebt to Equity Ratio0.00.00.0Debt to Coverage Ratio0.00.00.0ProfitabilitySales Growth0.00.00.0COGS to Sales0.00.00.0Gross Profit Margin0.00.00.0SG&A to Sales0.00.00.0Net Profit Margin0.00.00.0Return on Equity0.00.00.0Return on Assets0.00.00.0Owner's Compensation to Sales0.00.00.0EfficiencyDays in Receivables0.00.00.0Accounts Receivable Turnover0.00.00.0Days in Inventory0.00.00.0Inventory Turnover0.00.00.0Sales to Total Assets0.00.00.0

An indication of a company's ability to meet short-term debt obligations.The ratio between all assets quickly convertible into cash and current liabilities. Measures a company's liquidity. Also called acid-test ratio.This ratio expresses the relationship between capital contributed by creditors and that contributed by owners.This ratio indicates how well your cash flow covers debt and the capability of the business to take on additional debt.This ratio calculates the percentage of increase (or decrease) in sales between the current year and the previous year.The percentage of sales used to pay for the COGS (expenses which directly vary with sales) is expressed in this ratio.This ratio indicates how much profit is earned on your products without consideration of indirect costs, selling and administration costs.This ratio measures the percentage of selling, general and administrative costs to your amount of sales.Net profit margin shows how much profit comes from every dollar of sales.Return on equity determines the rate of return on your investment in the business. As an owner or shareholder this is one of the most important ratios as it shows the hard fact about the business - are you making enough of a profit to compensate you for the risk of being in business?This ratio measures how effectively assets are used to generate a return.This ratio measures the owner's compensation as a percentage of sales.Days in receivable calculates the average number of days it takes to collect your account receivable (number of days of sales in receivables).This ratio tells you the number of times accounts receivable turnover during the year.This ratio shows the average number of days it will take to sell your inventory.This ratio calculates the number of times inventory is turned over (or sold) during the year.This ratio indicates how efficiently your business generates sales on every dollar of assets.

19. Breakeven AnalysisEnter Your Business Name HereBreakeven AnalysisBreakeven AnalysisDollarsPercentAnnual Sales Revenue0.0100.00%Cost of Sales0.00.00%Gross Margin0.00.00%Salaries and Wages0.0Fixed Operating Expenses0.0Total Fixed Business Expenses0.0Breakeven Sales Calculation0.00.00%Breakeven Sales in Dollars0.0

20. Amoritization ScheduleEnter Your Business Name HereAmortization ScheduleLoan TypeAssumptionsMonth 1Month 2Month 3Month 4Month 5Month 6Month 7Month 8Month 9Month 10Month 11Month 12TotalsCommercial LoanPrincipal Amount0.0Interest Rate9.00%Loan Term in Months84.00Monthly Payment Amount$0.00Year OneInterest0.00.00.00.00.00.00.00.00.00.00.00.00.0Principal0.00.00.00.00.00.00.00.00.00.00.00.00.0Loan Balance0.00.00.00.00.00.00.00.00.00.00.00.0Year TwoInterest0.00.00.00.00.00.00.00.00.00.00.00.00.0Principal0.00.00.00.00.00.00.00.00.00.00.00.00.0Loan Balance0.00.00.00.00.00.00.00.00.00.00.00.0Year ThreeInterest0.00.00.00.00.00.00.00.00.00.00.00.00.0Principal0.00.00.00.00.00.00.00.00.00.00.00.00.0Loan Balance0.00.00.00.00.00.00.00.00.00.00.00.0Commercial MortgagePrincipal Amount0.0Interest Rate9.00%Loan Term in Months240.00Monthly Payment Amount$0.00Year OneInterest0.00.00.00.00.00.00.00.00.00.00.00.00.0Principal0.00.00.00.00.00.00.00.00.00.00.00.00.0Loan Balance0.00.00.00.00.00.00.00.00.00.00.00.0Year TwoInterest0.00.00.00.00.00.00.00.00.00.00.00.00.0Principal0.00.00.00.00.00.00.00.00.00.00.00.00.0Loan Balance0.00.00.00.00.00.00.00.00.00.00.00.0Year ThreeInterest0.00.00.00.00.00.00.00.00.00.00.00.00.0Principal0.00.00.00.00.00.00.00.00.00.00.00.00.0Loan Balance0.00.00.00.00.00.00.00.00.00.00.00.0

21. Financial DiagnosticsEnter Your Business Name HereFinancial DiagnosticsThis sheet performs a few tests on your numbers to see if they seem within certain reasonable ranges.Remember, no computer can tell whether your projections are truly well-constructed, only a human can do that.But these tests can at least look for values that are critically out of range.Financial DiagnosticsValueFindingsGeneral Financing AssumptionsOwner's Cash Injection into the Business0.00%Owner's injection might be too low in relation to the amount of money neededCash Request as percent of Total Required Funds0.00%Cash request seems reasonable with respect to total requestLoan AssumptionsCommercial Loan Interest rate9.00%Interest rate seems reasonableCommercial Loan Term in Months84Loan term seems within range for this type of loanCommercial Mortgage Interest rate9.00%Interest rate seems reasonableCommercial Mortgage Term in Months240.00Loan term seems within range for this type of loanLoan Payments as a Percent of Projected Sales0.00%Calculated loan payments as a percent of sales seem resonableIncome StatementGross Margin as a Percent of Sales0.00%Gross margin percentage seems very lowOwner's Compensation Lower Limit Check0.0An owner's compensation amount has not been establishedOwner's Compensation Upper Limit Check0.00%Owner's compensation seems reasonableAdvertising Expense Levels as a Percent of Sales0.00%Advertising as a percent of sales may be too lowProfitability Levels0.0The business is showing a profitProfitability as a Percent of Sales0.00%The projection does not seem highly unreasonableCash Flow StatementDesired Operating cash Flow Levels0.0The financial projection provides the desired level of cash flowLine of Credit Drawdowns0.0The business doesn't seem to require a line of creditAccounts Receivable Ratio to Sales0.00%Accounts receivable amount as a percent of sales seems reasonableBalance SheetDoes the Base Period Balance Sheet Balance?0.0The balance sheet does balanceDoes the Final Balance Sheet Balance0.0The balance sheet does balanceDebt to Equity Ratio0.00%The debt to equity ratio seems reasonableBreakeven AnalysisBreakeven Levels0.0The sales projection is less than the break-even amount