Amount
Fixed Assets
Real Estate-Land
Buildings
Leasehold Improvements
Equipment
Furniture and Fixtures
Vehicles
Other Fixed Assets
Total Fixed Assets
$ 5,000.00
$ 20,000.00
$
$ 2,000.00
$
$
$
-
Operating Capital
Pre-Opening Salaries
Prepaid Insurance Premium
Inventory
Legal and Accounting Fees
Rent Deposits
Utility Deposits
Supplies
Advertising and Promotions
Licenses
Other Initial Start-Up Costs
Working Capital
Total Operating Capital
$
$
$
$
$
$
$
$
$
$
$
1,000.00
2,000.00
1,500.00
500.00
300.00
600.00
150.00
-
Sources of Funding
Owner's Equity
Outside Investors
Additional Loans or Debt
Commercial Loan
Commercial Mortgage
Credit Card Debt
Vehicle Loans
Amount
44%
15%
0%
37%
4%
0%
0%
Or, Clic
Totals
Depreciation
(in years)
10
5
27,000.00
6,050.00
$33,050.00
Totals
$
$
30,000.00
10,000.00
$
$
$
$
25,000.00
3,050.00
-
Loan
Rate
0%
6%
9%
0%
Term in Monthly
Months Payments
120
60
$
$
$
$
277.55
63.31
-
$68,050.00
0%
$ 340.86
rojections in Smartsheet
Income Statem
[Company Name]
Years Ending:
Revenue
Sales revenue
(Less sales returns and allowances)
Service revenue
Interest revenue
Other revenue
Total Revenues
Year 1
$
150,000
50,500
200,500
500
55,000
2,000
65,000
122,500
$
$
78,000
15,600
62,400
Expenses
Advertising
Bad debt
Commissions
Cost of goods sold
Depreciation
Employee benefits
Furniture and equipment
Insurance
Interest expense
Maintenance and repairs
Office supplies
Payroll taxes
Rent
Research and development
Salaries and wages
Software
Travel
Utilities
Web hosting and domains
Other
Total Expenses
Net Income Before Taxes
Income tax expense
Net Income
62,400
ome Statement
Year 2
$
175,000
75,000
250,000
450
75,000
2,500
85,000
162,950
$
$
87,050
17,410
69,640
69,640
Year 3
[Company Name]
Assets
Current Assets
Cash
Accounts receivable
Inventory
Prepaid expenses
Short-term investments
Total current assets
Fixed (Long-Term) Assets
Long-term investments
Property, plant, and equipment
(Less accumulated depreciation)
Intangible assets
Total fixed assets
Other Assets
Deferred income tax
Other
Total Other Assets
Total Assets
Year 1
Year 2
Year 3
11,874
11,874
1,208
15,340
(2,200)
14,348
Long-Term Liabilities
Owner's Equity
26,222
0.56
1.06
669
2.27
1.27
BALANCE SHEET
d Owner's Equity
Accounts payable
Short-term loans
Income taxes payable
Accrued salaries and wages
Unearned revenue
Current portion of long-term debt
Total current liabilities
Year 1
8,060
3,145
11,205
Long-term debt
Deferred income tax
Other
Total long-term liabilities
3,450
Owner's investment
Retained earnings
Other
Total owner's equity
7,178
4,389
Year 2
3,450
11,567
26,222
Year 3
[Company Name]
Operations
Cash receipts from
Customers
Other Operations
Cash paid for
Inventory purchses
General operating and administrative expenses
Wage expenses
Interest
Income taxes
Year 1
693,200
(264,000)
(112,000)
(123,000)
(13,500)
(32,800)
147,900
Investing Activities
Cash receipts from
Sale of property and equipment
Collection of principal on loans
Sale of investment securities
Cash paid for
Purchase of property and equipment
Making loans to other entities
Purchase of investment securities
33,600
(75,000)
(41,400)
Financing Activities
Cash receipts from
Issuance of stock
Borrowing
Cash paid for
Repurchase of stock (treasury stock)
Repayments of loans
Dividends
(34,000)
(53,000)
(87,000)
19,500
w
12/31/2015 12/31/2016
35,200
56,650
56,650
80,245
Year 2
Year 3
762,520
838,772
(290,400)
(123,200)
(135,300)
(14,850)
(36,080)
(319,440)
(135,520)
(148,830)
(16,335)
(39,688)
162,690
178,959
36,960
40,656
(82,500)
(90,750)
(45,540)
(50,094)
(37,400)
(58,300)
(95,700)
(41,140)
(64,130)
(105,270)
21,450
23,595
[Company Name]
Salaries and Related Expenses
Percent Change
Salaries
Wages
Full-Time Employees
10
40.00
9.00
10
20.00
9.00
Independent Contractors
Total Salaries and Wages
24
6.20%
Medicare
1.45%
0.08%
2.70%
4.00%
Monthly
$
$
$
$
7,000
7,000
Year 1
$
$
$
$
Year 2
Year 3
3%
3%
$
$
15,600
187,200 $
192,816 $
198,600
7,800
93,600 $
96,408 $
99,300
$
$
23,400
$
$
280,800
$
$
$
$
$
$
$
$
$
$
$
1,451
339
11
378
936
3,115
$
$
$
$
$
$
$
$
$
17,410
4,072
134
4,536
11,232
37,384
$
$
$
$
$
$
$
$
$
17,932
4,194
134
4,536
11,569
38,365
26,515
318,184
327,589
$
289,224 $
297,901
$
$
18,470
4,320
$
$
$
$
$
$
134
4,536
11,916
39,376
337,277