Financial Projection Model

This 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 this
A number found in the color green is optional information that you can complete.
Example: Check these assumptions
Otherwise, 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:
THE FOOD DOOFS CAFE

The first six worksheets in this workbook are steps you will need to complete. They are titled:
1. Required Start-Up Funds
2. Salaries and Wages
3. Fixed Operating Expenses
4. Projected Sales Forecast (2 sheets)
5. Cash Receipts and Disbursements
The sixth step titled, "Beginning Balance Sheet" is for existing businesses only.

Begin by clicking on the tabs below

THE FOOD DOOFS CAFE

Required Start-Up Funds

Required Start-Up Funds

Fixed Assets
Real Estate
Buildings
Leasehold Improvements
Equipment
Furniture and Fixtures
Vehicles
Other Fixed Assets
Total Fixed Assets
Operating Capital
Pre-Opening Salaries and Wages
Prepaid Insurance Premiums
Beginning Inventory
Legal and Accounting Fees
Rent Deposits
Utility Deposits
Supplies
Advertising and Promotions
Licenses
Other Initial Start-Up Costs
Working Capital (Cash On Hand)
Total Operating Capital
Total Required Funds

Amount
$

Totals

200,000
200,000
60,000
120,000
50,000

Depreciation

20.00
7.00
7.00
5.00
5.00
5.00
630,000

100,000
10,000
50,000
50,000
840,000
50,000
15,000
100,000
1,000,000
2,215,000
$

2,845,000

Notes

years
years
years
years
years
years

Sources of Funding
Owner's Cash Injection
Outside Investors
Additional Loans or Debt
Commercial Loan
Commercial Mortgage

Amount
0.00%
0.00%

Totals
-

Loan Rate

Term in Months

Monthly Payments

100.00%
0.00%

2,845,000
-

9.00%
9.00%

84.00
240.00

$45,773.43
$0.00

Total Sources of Funding

100.00%

2,845,000

$45,773.43

9-Jul-15

THE FOOD DOOFS CAFE

Salaries and Wages

Salaries and Related Expenses

Assumptions

Wage Base

Monthly

Year One

Percent Change
Salaries and Wages
Owner's Compensation
Salaries
Wages
Full-Time Employees
Estimated Hours Per Week
Estimated Rate Per Hour
Part-Time Employees
Estimated Hours Per Week
Estimated Rate Per Hour
Independent Contractors
Total Salaries and Wages
Payroll Taxes and Benefits
Social Security
Medicare
Federal Unemployment Tax (FUTA)
State Unemployment Tax (SUTA)
Employee Pension Programs
Worker's Compensation
Employee Health Insurance
Other Employee Benefit Programs
Total Payroll Taxes and Benefits

Total Salaries and Related Expenses

Year Two
3.00%

0
0

62,400

40.00
60.00

20.00
60.00

6.20%
1.45%
0.80%
2.70%
0.00%
0.00%
0.00%
0.00%

102,000

$
$

7,000
7,000

748,800

771,264

62,400

748,800

771,264

3,869
905
28
95
4,896

46,426
10,858
336
1,134
58,753

47,818
11,183
336
1,134
60,472

67,296

807,553

831,736

9-Jul-15

Year Three
3.00%

794,402

794,402

49,253
11,519
336
1,134
62,242

856,644

THE FOOD DOOFS CAFE

Fixed Operating Expenses

Fixed Operating Expenses

Monthly

Year One

Percent Change
Expenses
Advertising
Car and Truck Expenses
Commissions and Fees
Contract Labor
Credit Card and Bank Charges
Customer Discounts and Refunds
Dues and Subscriptions
Entertainment
Insurance (Liability and Property)
Internet
Legal and Professional Fees
Office Expenses
Postage and Delivery
Rent (on business property)
Rent of Vehicles and Equipment
Repairs and Maintenance
Supplies
Telephone and Communications
Travel
Utilities
Total Expenses
Other Expenses
Depreciation
Interest
Commercial Loan

Year Two

Year Three

3.00%

3.00%

1,000
1,500
1,500
1,000
500
5,000
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

12,000
18,000
18,000
12,000
6,000
60,000
18,000
6,000
1,200,000
60,000
360,000
24,000
60,000
420,000
2,274,000

12,360
18,540
18,540
12,360
6,180
61,800
18,540
6,180
1,236,000
61,800
370,800
24,720
61,800
432,600
2,342,220

12,731
19,096
19,096
12,731
6,365
63,654
19,096
6,365
1,273,080
63,654
381,924
25,462
63,654
445,578
2,412,487

8,595

103,143

103,143

103,143

20,304

243,647

214,976

183,616

Notes

Commercial Mortgage
Line of Credit
Total Other Expenses

Total Fixed Operating Expenses

28,899

346,790

318,119

286,759

218,399

2,620,790

2,660,339

2,699,245

9-Jul-15

THE FOOD DOOFS CAFE

Projected Sales Forecast

Products and Services

Assumptions

Food
Price Per Unit
$
Variable Cost Per Unit
$
Gross Margin Per Unit
$
Projected Unit Sales
Seasonality Factor
Year One
Year Two Growth
Year Three Growth
Fixed Expense Allocation
Projected Revenue
Variable Costs
Gross Margin
Fixed Expenses
Profit

Breakeven Sales Revenu $

Breakeven Sales Units

Product/Service B
Price Per Unit
Variable Cost Per Unit
Gross Margin Per Unit
Projected Unit Sales
Seasonality Factor
Year One

$
$
$

400.00
5.00
395.00

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

100.00%
1.25%
98.75%

5.00%
5.00%
100.00%
2,880,000
36,000
2,844,000
2,620,790
223,210

Month 1

7.75%

2,653,964.06
6,635

100.00%
0.00%
0.00%

Year Two Growth

Year Three Growth
Fixed Expense Allocation
Projected Revenue
Variable Costs
Gross Margin
Fixed Expenses
Profit

10.00%
10.00%
0.00%
$

Breakeven Sales Revenu $

Breakeven Sales Units

0.00%

9-Jul-15

Month 9

Month 10

Month 11

Month 12

Totals

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

8.33%
600
630
662

100.00%
7,200
7,560
7,938

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

THE FOOD DOOFS CAFE

Projected Sales Forecast - Page 2

Products and Services

Assumptions

Beverage
Price Per Unit
$
Variable Cost Per Unit
$
Gross Margin Per Unit
$
Projected Unit Sales
Seasonality Factor
Year One
Year Two Growth
Year Three Growth
Fixed Expense Allocation
Projected Revenue
Variable Costs
Gross Margin
Fixed Expenses
Profit

Breakeven Sales Revenu $

Breakeven Sales Units

Product/Service D
Price Per Unit
Variable Cost Per Unit
Gross Margin Per Unit
Projected Unit Sales
Seasonality Factor
Year One

$
$
$

100.00
100.00

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

100.00%
0.00%
100.00%

10.00%
10.00%
0.00%
180,000
180,000
180,000

Month 1

100.00%

100.00%
0.00%
0.00%

Year Two Growth

Year Three Growth
Fixed Expense Allocation
Projected Revenue
Variable Costs
Gross Margin
Fixed Expenses
Profit

10.00%
10.00%
0.00%
$

Breakeven Sales Revenu $

Breakeven Sales Units

0.00%

9-Jul-15

Month 9

Month 10

Month 11

Month 12

Totals

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

8.33%
150
165
182

100.00%
1,800
1,980
2,178

0.00%
-

0.00%
-

0.00%
-

0.00%
-

0.00%
-

THE FOOD DOOFS CAFE

Cash Receipts and Disbursements

Accounts Receivable Collections

Percent of Collections
0 to 30 days
31 to 60 days
More than 60 days
Total Collections Percentage

100.00%
0.00%
0.00%
100.00%

Accounts Payable Disbursements

Number of Days to Pay Suppliers
0 to 30 days
31 to 60 days
More than 60 days
Total Disbursements Percentage

100.00%
0.00%
0.00%
100.00%

Line of Credit Assumptions

Desired Minimum Cash Balance
Line of Credit Interest Rate
Income Tax Assumptions
Effective Income Tax Rate
Amortization of Start-Up Expenses
Amortization Period in Years

9.00%

0.00%
388,333
3.00

32,361
32,361

9-Jul-15

THE FOOD DOOFS CAFE

Balance Sheet (For Existing Businesses Only)

12/31/2006
Assets
Current Assets
Cash
Accounts Receivable
Inventory
Prepaid Expenses
Other Current
Total Current Assets

Fixed Assets
Real Estate
Buildings
Leasehold Improvements
Equipment
Furniture and Fixtures
Vehicles
Other Fixed Assets
Total Fixed Assets

Less: Accumulated Depreciation

Total Assets

Liabilities and Owner's Equity

Liabilities
Accounts Payable
Notes Payable
Mortgage Payable

THE FOOD DOOFS CAFE

Balance Sheet (For Existing Businesses Only)

Line of Credit Balance

Total Liabilities
Owner's Equity
Common Stock
Retained Earnings
Dividends Dispersed
Total Owner's Equity
Total Liabilities and Owner's Equity

12/31/2006
-

Statement Balances

THE FOOD DOOFS CAFE

Projected Income Statement - Year One

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Income
Food
Product/Service B
Beverage

240,000
15,000

240,000
15,000

240,000
15,000

240,000
15,000

240,000
15,000

240,000
15,000

240,000
15,000

240,000
15,000

240,000
15,000

Total Income

255,000

255,000

255,000

255,000

255,000

255,000

255,000

255,000

255,000

Cost of Sales
Food
Product/Service B
Beverage

3,000
-

3,000
-

3,000
-

3,000
-

3,000
-

3,000
-

3,000
-

3,000
-

3,000
-

Total Cost of Sales

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

252,000

252,000

252,000

252,000

252,000

252,000

252,000

252,000

252,000

67,296

67,296

67,296

67,296

67,296

67,296

67,296

67,296

67,296

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

Gross Margin
Total Salary and Wages
Fixed Business Expenses
Advertising
Car and Truck Expenses
Commissions and Fees
Contract Labor
Credit Card and Bank Charges
Customer Discounts and Refunds
Dues and Subscriptions
Entertainment
Insurance (Liability and Property)
Internet
Legal and Professional Fees

THE FOOD DOOFS CAFE

Projected Income Statement - Year One

Office Expenses
Postage and Delivery
Rent (on business property)
Rent of Vehicles and Equipment
Repairs and Maintenance
Supplies
Telephone and Communications
Travel
Utilities
Total Fixed Business Expenses
Total Other Expenses
Net Income

Month 1
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 2
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 3
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 4
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 5
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 6
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 7
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 8
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 9
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

62,294

62,111

61,926

61,740

61,552

61,364

61,173

60,982

60,789

(67,090)

(66,907)

(66,722)

(66,536)

(66,349)

(66,160)

(65,970)

(65,778)

(65,585)

Month 10

Month 11

Month 12

Totals

240,000
15,000

240,000
15,000

240,000
15,000

255,000

255,000

255,000

2,880,000
180,000
3,060,000

3,000
-

3,000
-

3,000
-

3,000

3,000

3,000

36,000
36,000

252,000

252,000

252,000

3,024,000

67,296

67,296

67,296

807,553

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

1,000
1,500
1,500
1,000
500
5,000

12,000
18,000
18,000
12,000
6,000
60,000

Month 10
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 11
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Month 12
1,500
500
100,000
5,000
30,000
2,000
5,000
35,000
189,500

Totals
18,000
6,000
1,200,000
60,000
360,000
24,000
60,000
420,000
2,274,000

60,594

60,398

60,201

735,123

(65,390)

(65,194)

(64,997)

(792,676)

THE FOOD DOOFS CAFE

Projected Cash Flow Statement - Year One

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Beginning Cash Balance

1,000,000

949,430

898,861

848,291

797,722

747,152

696,583

646,013

595,444

Cash Inflows
Income from Sales
Accounts Receivable
Total Cash Inflows

255,000
255,000

255,000
255,000

255,000
255,000

255,000
255,000

255,000
255,000

255,000
255,000

255,000
255,000

255,000
255,000

255,000
255,000

Cash Outflows
Investing Activities
New Capital Purchases
Inventory Purchases
Cost of Sales
Operating Activities
Salaries and Wages
Fixed Business Expenses
Taxes
Financing Activities
Loan Payments
Line of Credit Interest
Line of Credit Repayments
Dividends Paid
Total Cash Outflows

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

45,773
305,570

45,773
305,570

45,773
305,570

45,773
305,570

45,773
305,570

45,773
305,570

45,773
305,570

45,773
305,570

45,773
305,570

Cash Flow

(50,570)

(50,570)

(50,570)

(50,570)

(50,570)

(50,570)

(50,570)

(50,570)

(50,570)

Operating Cash Balance

949,430

898,861

848,291

797,722

747,152

696,583

646,013

595,444

544,874

Line of Credit Drawdowns

Ending Cash Balance

949,430

898,861

848,291

797,722

747,152

696,583

646,013

595,444

544,874

THE FOOD DOOFS CAFE

Projected Cash Flow Statement - Year One

Month 1

Line of Credit Balance

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Month 10

Month 11

Month 12

544,874

494,305

443,735

255,000
255,000

255,000
255,000

255,000
255,000

3,060,000
3,060,000

3,000

3,000

3,000

36,000

67,296
189,500
-

67,296
189,500
-

67,296
189,500
-

45,773
305,570

45,773
305,570

45,773
305,570

807,553
2,274,000
549,281
3,666,834

(50,570)

(50,570)

(50,570)

(606,834)

494,305

443,735

393,166

494,305

443,735

393,166

Totals

Month 10

Month 11

Month 12

Totals

THE FOOD DOOFS CAFE

Balance Sheet - Year One

Assets
Current Assets
Cash
Accounts Receivable
Inventory
Prepaid Expenses
Other Current
Total Current Assets
Fixed Assets
Real Estate
Buildings
Leasehold Improvements
Equipment
Furniture and Fixtures
Vehicles
Other Fixed Assets
Total Fixed Assets
Less: Accumulated Depreciation

Base Period

End of Year One

1,000,000
50,000
1,165,000
2,215,000

393,166
50,000
776,667
1,219,832

200,000
200,000
60,000
120,000
50,000
630,000

200,000
200,000
60,000
120,000
50,000
630,000

103,143

Total Assets

2,845,000

1,746,689

Liabilities and Owner's Equity

Liabilities
Accounts Payable
Notes Payable
Mortgage Payable

2,845,000
-

2,539,366
-

THE FOOD DOOFS CAFE

Balance Sheet - Year One

Line of Credit Balance

Total Liabilities
Owner's Equity
Common Stock
Retained Earnings
Dividends Dispersed
Total Owner's Equity
Total Liabilities and Owner's Equity

Base Period
2,845,000

2,845,000

Statement Balances

End of Year One

2,539,366

(792,676)
(792,676)
1,746,689

Statement Balances

THE FOOD DOOFS CAFE

Year End Summary

Year One
Income
Food
Product/Service B
Beverage
Total Income
Cost of Sales
Food
Product/Service B
Beverage
Total Cost of Sales
Gross Margin
Total Salary and Wages
Fixed Business Expenses
Advertising
Car and Truck Expenses
Commissions and Fees
Contract Labor
Credit Card and Bank Charges
Customer Discounts and Refunds
Dues and Subscriptions
Entertainment
Insurance (Liability and Property)
Internet
Legal and Professional Fees

2,880,000
180,000
3,060,000

Year Two

100.00%

3,024,000
198,000
3,222,000

100.00%

36,000
36,000

1.18%

37,800
37,800

1.17%

3,024,000

98.82%

3,184,200

98.83%

807,553

26.39%

831,736

25.81%

12,000
18,000
18,000
12,000
6,000
60,000

12,360
18,540
18,540
12,360
6,180
61,800

THE FOOD DOOFS CAFE

Year End Summary

Office Expenses
Postage and Delivery
Rent (on business property)
Rent of Vehicles and Equipment
Repairs and Maintenance
Supplies
Telephone and Communications
Travel
Utilities
Total Fixed Business Expenses
Total Other Expenses
Net Income

Year One
18,000
6,000
1,200,000
60,000
360,000
24,000
60,000
420,000
2,274,000

74.31%

Year Two
18,540
6,180
1,236,000
61,800
370,800
24,720
61,800
432,600
2,342,220

72.69%

735,123

24.02%

707,717

21.97%

(792,676)

-25.90%

(697,473)

-21.65%

Year Three

3,175,200
217,800
3,393,000

100.00%

39,690
39,690

1.17%

3,353,310

98.83%

856,644

25.25%

12,731
19,096
19,096
12,731
6,365
63,654

Year Three
19,096
6,365
1,273,080
63,654
381,924
25,462
63,654
445,578
2,412,487

71.10%

708,568

20.88%

(624,388)

-18.40%

THE FOOD DOOFS CAFE

Projected Income Statement - Year Two

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Income
Food
Product/Service B
Beverage

252,000
16,500

252,000
16,500

252,000
16,500

252,000
16,500

252,000
16,500

252,000
16,500

252,000
16,500

252,000
16,500

252,000
16,500

Total Income

268,500

268,500

268,500

268,500

268,500

268,500

268,500

268,500

268,500

Cost of Sales
Food
Product/Service B
Beverage

3,150
-

3,150
-

3,150
-

3,150
-

3,150
-

3,150
-

3,150
-

3,150
-

3,150
-

Total Cost of Sales

3,150

3,150

3,150

3,150

3,150

3,150

3,150

3,150

3,150

265,350

265,350

265,350

265,350

265,350

265,350

265,350

265,350

265,350

69,311

69,311

69,311

69,311

69,311

69,311

69,311

69,311

69,311

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

Gross Margin
Total Salary and Wages
Fixed Business Expenses
Advertising
Car and Truck Expenses
Commissions and Fees
Contract Labor
Credit Card and Bank Charges
Customer Discounts and Refunds
Dues and Subscriptions
Entertainment
Insurance (Liability and Property)
Internet
Legal and Professional Fees

THE FOOD DOOFS CAFE

Projected Income Statement - Year Two

Office Expenses
Postage and Delivery
Rent (on business property)
Rent of Vehicles and Equipment
Repairs and Maintenance
Supplies
Telephone and Communications
Travel
Utilities
Total Fixed Business Expenses
Total Other Expenses
Net Income

Month 1
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 2
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 3
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 4
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 5
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 6
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 7
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 8
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 9
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

60,002

59,801

59,599

59,396

59,191

58,984

58,776

58,566

58,355

(59,148)

(58,947)

(58,745)

(58,542)

(58,337)

(58,130)

(57,922)

(57,713)

(57,501)

Month 10

Month 11

Month 12

Totals

252,000
16,500

252,000
16,500

252,000
16,500

268,500

268,500

268,500

3,024,000
198,000
3,222,000

3,150
-

3,150
-

3,150
-

3,150

3,150

3,150

37,800
37,800

265,350

265,350

265,350

3,184,200

69,311

69,311

69,311

831,736

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

1,030
1,545
1,545
1,030
515
5,150

12,360
18,540
18,540
12,360
6,180
61,800

Month 10
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 11
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Month 12
1,545
515
103,000
5,150
30,900
2,060
5,150
36,050
195,185

Totals
18,540
6,180
1,236,000
61,800
370,800
24,720
61,800
432,600
2,342,220

58,226

58,349

58,473

707,717

(57,372)

(57,495)

(57,619)

(697,473)

THE FOOD DOOFS CAFE

Projected Cash Flow Statement - Year Two

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Beginning Cash Balance

393,166

348,246

303,326

258,406

213,487

168,567

123,647

78,728

33,808

Cash Inflows
Income from Sales
Accounts Receivable
Total Cash Inflows

268,500
268,500

268,500
268,500

268,500
268,500

268,500
268,500

268,500
268,500

268,500
268,500

268,500
268,500

268,500
268,500

268,500
268,500

Cash Outflows
Investing Activities
New Capital Purchases
Inventory Purchases
Cost of Sales
Operating Activities
Salaries and Wages
Fixed Business Expenses
Taxes
Financing Activities
Loan Payments
Line of Credit Interest
Line of Credit Repayments
Dividends Paid
Total Cash Outflows

3,150

3,150

3,150

3,150

3,150

3,150

3,150

3,150

3,150

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

45,773
313,420

45,773
313,420

45,773
313,420

45,773
313,420

45,773
313,420

45,773
313,420

45,773
313,420

45,773
313,420

45,773
313,420

Cash Flow

(44,920)

(44,920)

(44,920)

(44,920)

(44,920)

(44,920)

(44,920)

(44,920)

(44,920)

Operating Cash Balance

348,246

303,326

258,406

213,487

168,567

123,647

78,728

33,808

(11,112)

Line of Credit Drawdowns

Ending Cash Balance

348,246

303,326

258,406

213,487

168,567

123,647

78,728

33,808

11,112
-

THE FOOD DOOFS CAFE

Projected Cash Flow Statement - Year Two

Month 1

Line of Credit Balance

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

11,112

Month 10
-

Month 11
-

Month 12

Totals

268,500
268,500

268,500
268,500

268,500
268,500

3,222,000
3,222,000

3,150

3,150

3,150

37,800

69,311
195,185
-

69,311
195,185
-

69,311
195,185
-

45,773
83
313,503

45,773
421
313,841

45,773
761
314,181

831,736
2,342,220
549,281
1,265
3,762,302

(45,003)

(45,341)

(45,681)

(540,302)

(45,003)

(45,341)

(45,681)

45,003

45,341

45,681

147,136

Month 10

Month 11

Month 12

56,115

101,456

147,136

Totals

THE FOOD DOOFS CAFE

Balance Sheet - Year Two

End of Year One

End of Year Two

393,166
50,000
776,667
1,219,832

50,000
388,333
438,333

Fixed Assets
Real Estate
Buildings
Leasehold Improvements
Equipment
Furniture and Fixtures
Vehicles
Other Fixed Assets
Total Fixed Assets

200,000
200,000
60,000
120,000
50,000
630,000

200,000
200,000
60,000
120,000
50,000
630,000

Less: Accumulated Depreciation

103,143

206,286

Total Assets

1,746,689

862,047

Liabilities and Owner's Equity

Liabilities
Accounts Payable
Notes Payable
Mortgage Payable

2,539,366
-

2,205,060
-

Assets
Current Assets
Cash
Accounts Receivable
Inventory
Prepaid Expenses
Other Current
Total Current Assets

THE FOOD DOOFS CAFE

Balance Sheet - Year Two

Line of Credit Balance

Total Liabilities
Owner's Equity
Common Stock
Retained Earnings
Dividends Dispersed
Total Owner's Equity
Total Liabilities and Owner's Equity

End of Year One

2,539,366

End of Year Two

147,136
2,352,197

(792,676)
(792,676)

(1,490,149)
(1,490,149)

1,746,689

862,047

Statement Balances

Statement Balances

THE FOOD DOOFS CAFE

Projected Income Statement - Year Three

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

Income
Food
Product/Service B
Beverage

264,600
18,150

264,600
18,150

264,600
18,150

264,600
18,150

264,600
18,150

264,600
18,150

264,600
18,150

264,600
18,150

264,600
18,150

Total Income

282,750

282,750

282,750

282,750

282,750

282,750

282,750

282,750

282,750

Cost of Sales
Food
Product/Service B
Beverage

3,308
-

3,308
-

3,308
-

3,308
-

3,308
-

3,308
-

3,308
-

3,308
-

3,308
-

Total Cost of Sales

3,308

3,308

3,308

3,308

3,308

3,308

3,308

3,308

3,308

279,443

279,443

279,443

279,443

279,443

279,443

279,443

279,443

279,443

71,387

71,387

71,387

71,387

71,387

71,387

71,387

71,387

71,387

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

Gross Margin
Total Salary and Wages
Fixed Business Expenses
Advertising
Car and Truck Expenses
Commissions and Fees
Contract Labor
Credit Card and Bank Charges
Customer Discounts and Refunds
Dues and Subscriptions
Entertainment
Insurance (Liability and Property)
Internet
Legal and Professional Fees

THE FOOD DOOFS CAFE

Projected Income Statement - Year Three

Office Expenses
Postage and Delivery
Rent (on business property)
Rent of Vehicles and Equipment
Repairs and Maintenance
Supplies
Telephone and Communications
Travel
Utilities
Total Fixed Business Expenses
Total Other Expenses
Net Income

Month 1
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 2
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 3
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 4
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 5
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 6
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 7
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 8
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 9
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

58,598

58,678

58,758

58,839

58,920

59,002

59,085

59,168

59,252

(51,583)

(51,663)

(51,743)

(51,824)

(51,905)

(51,987)

(52,070)

(52,153)

(52,237)

Month 10

Month 11

Month 12

Totals

264,600
18,150

264,600
18,150

264,600
18,150

282,750

282,750

282,750

3,175,200
217,800
3,393,000

3,308
-

3,308
-

3,308
-

3,308

3,308

3,308

39,690
39,690

279,443

279,443

279,443

3,353,310

71,387

71,387

71,387

856,644

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

1,061
1,591
1,591
1,061
530
5,305

12,731
19,096
19,096
12,731
6,365
63,654

Month 10
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 11
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Month 12
1,591
530
106,090
5,305
31,827
2,122
5,305
37,132
201,041

Totals
19,096
6,365
1,273,080
63,654
381,924
25,462
63,654
445,578
2,412,487

59,337

59,422

59,508

708,568

(52,322)

(52,407)

(52,493)

(624,388)

THE FOOD DOOFS CAFE

Projected Cash Flow Statement - Year Three

Month 1
Beginning Cash Balance
Cash Inflows
Income from Sales
Accounts Receivable
Total Cash Inflows

Month 2
-

Month 3
-

Month 4
-

Month 5
-

Month 6
-

Month 7
-

Month 8
-

Month 9
-

282,750
282,750

282,750
282,750

282,750
282,750

282,750
282,750

282,750
282,750

282,750
282,750

282,750
282,750

282,750
282,750

282,750
282,750

Cash Outflows
Investing Activities
New Capital Purchases
Inventory Purchases
Cost of Sales
Operating Activities
Salaries and Wages
Fixed Business Expenses
Taxes
Financing Activities
Loan Payments
Line of Credit Interest
Line of Credit Repayments
Dividends Paid
Total Cash Outflows

3,308

3,308

3,308

3,308

3,308

3,308

3,308

3,308

3,308

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

45,773
1,104
322,612

45,773
1,402
322,911

45,773
1,704
323,212

45,773
2,007
323,516

45,773
2,313
323,821

45,773
2,621
324,129

45,773
2,931
324,440

45,773
3,244
324,752

45,773
3,559
325,067

Cash Flow

(39,862)

(40,161)

(40,462)

(40,766)

(41,071)

(41,379)

(41,690)

(42,002)

(42,317)

Operating Cash Balance

(39,862)

(40,161)

(40,462)

(40,766)

(41,071)

(41,379)

(41,690)

(42,002)

(42,317)

39,862

40,161

40,462

40,766

41,071

41,379

41,690

42,002

42,317

Line of Credit Drawdowns

Ending Cash Balance

THE FOOD DOOFS CAFE

Projected Cash Flow Statement - Year Three

Line of Credit Balance

Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

186,998

227,159

267,621

308,387

349,458

390,838

432,527

474,530

516,847

Month 10
-

Month 11
-

Month 12

Totals

282,750
282,750

282,750
282,750

282,750
282,750

3,393,000
3,393,000

3,308

3,308

3,308

39,690

71,387
201,041
-

71,387
201,041
-

71,387
201,041
-

45,773
3,876
325,385

45,773
4,196
325,705

45,773
4,518
326,027

856,644
2,412,487
549,281
33,476
3,891,577

(42,635)

(42,955)

(43,277)

(498,577)

(42,635)

(42,955)

(43,277)

42,635

42,955

43,277

498,577

Month 10

Month 11

Month 12

559,482

602,437

645,713

Totals

THE FOOD DOOFS CAFE

Balance Sheet - Year Three

End of Year Two

Assets
Current Assets
Cash
Accounts Receivable
Inventory
Prepaid Expenses
Other Current
Total Current Assets

End of Year Three

50,000
388,333
438,333

50,000
0
50,000

Fixed Assets
Real Estate
Buildings
Leasehold Improvements
Equipment
Furniture and Fixtures
Vehicles
Other Fixed Assets
Total Fixed Assets

200,000
200,000
60,000
120,000
50,000
630,000

200,000
200,000
60,000
120,000
50,000
630,000

Less: Accumulated Depreciation

206,286

309,429

862,047

370,571

2,205,060
-

1,839,395
-

Total Assets

Liabilities and Owner's Equity

Liabilities
Accounts Payable
Notes Payable
Mortgage Payable

THE FOOD DOOFS CAFE

Balance Sheet - Year Three

Line of Credit Balance

Total Liabilities
Owner's Equity
Common Stock
Retained Earnings
Dividends Dispersed
Total Owner's Equity
Total Liabilities and Owner's Equity

End of Year Two

147,136
2,352,197

End of Year Three

645,713
2,485,109

(1,490,149)
(1,490,149)

(2,114,537)
(2,114,537)

862,047

370,571

Statement Balances

Statement Balances

THE FOOD DOOFS CAFE

Financial Ratios

Ratio
Liquidity
Current Ratio
Quick Ratio
Safety
Debt to Equity Ratio
Debt to Coverage Ratio
Profitability
Sales Growth
COGS to Sales
Gross Profit Margin
SG&A to Sales
Net Profit Margin
Return on Equity
Return on Assets
Owner's Compensation to Sales
Efficiency
Days in Receivables
Accounts Receivable Turnover
Days in Inventory
Inventory Turnover
Sales to Total Assets

Year One

Year Two

Year Three

0.48
0.15

0.19
-

0.02
-

(3.20)
(0.27)

(1.58)
(0.25)

(1.18)
(0.21)

0.01
0.99
1.01
(0.26)
1.00
(0.45)
-

0.05
0.01
0.99
0.99
(0.22)
0.47
(0.81)
-

0.05
0.01
0.99
0.96
(0.18)
0.30
(1.68)
-

500.00
0.72
1.75

476.19
0.76
3.74

453.51
0.79
9.16

THE FOOD DOOFS CAFE

Breakeven Analysis

Breakeven Analysis
Annual Sales Revenue
Cost of Sales
Gross Margin

Dollars
3,060,000
36,000
3,024,000

Salaries and Wages

Fixed Operating Expenses
Total Fixed Business Expenses

807,553
2,620,790
3,428,343

Breakeven Sales Calculation

3,428,343
98.82%

Breakeven Sales in Dollars

3,469,156

Percent
100.00%
1.18%
98.82%

THE FOOD DOOFS CAFE

Amortization Schedule

Loan Type
Commercial Loan
Principal Amount
$
Interest Rate
Loan Term in Months
Monthly Payment Amoun

Assumptions

Year One
Interest
Principal

Month 2

Month 3

Month 4

Month 5

Month 6

Month 7

Month 8

Month 9

21,338
24,436
2,820,564

21,154
24,619
2,795,945

20,970
24,804
2,771,141

20,784
24,990
2,746,151

20,596
25,177
2,720,974

20,407
25,366
2,695,608

20,217
25,556
2,670,051

20,025
25,748
2,644,303

19,832
25,941
2,618,362

19,045
26,728
2,512,637

18,845
26,929
2,485,709

18,643
27,131
2,458,578

18,439
27,334
2,431,244

18,234
27,539
2,403,705

18,028
27,746
2,375,959

17,820
27,954
2,348,006

17,610
28,163
2,319,842

17,399
28,375
2,291,468

16,538
29,235
2,175,825

16,319
29,455
2,146,370

16,098
29,676
2,116,695

15,875
29,898
2,086,796

15,651
30,122
2,056,674

15,425
30,348
2,026,326

15,197
30,576
1,995,750

14,968
30,805
1,964,944

14,737
31,036
1,933,908

2,845,000
9.00%
84.00
$45,773.43

Year One
Interest
Principal
Loan Balance
Year Two
Interest
Principal
Loan Balance
Year Three
Interest
Principal
Loan Balance

Commercial Mortgage
Principal Amount
$
Interest Rate
Loan Term in Months
Monthly Payment Amoun

Month 1

9.00%
240.00
$0.00

Loan Balance
Year Two
Interest
Principal
Loan Balance
Year Three
Interest
Principal
Loan Balance

Month 10

Month 11

Month 12

Totals

19,638
26,136
2,592,226

19,442
26,332
2,565,895

19,244
26,529
2,539,366

243,647
305,634

17,186
28,587
2,262,880

16,972
28,802
2,234,078

16,756
29,018
2,205,060

214,976
334,305

14,504
31,269
1,902,639

14,270
31,504
1,871,135

14,034
31,740
1,839,395

183,616
365,665

THE FOOD DOOFS CAFE

Financial Diagnostics

This 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 Diagnostics
General Financing Assumptions
Owner's Cash Injection into the Business
Cash Request as percent of Total Required Funds

Value
0.00%
35.15%

Loan Assumptions
Commercial Loan Interest rate
Commercial Loan Term in Months
Commercial Mortgage Interest rate
Commercial Mortgage Term in Months
Loan Payments as a Percent of Projected Sales

Cash Flow Statement

Desired Operating cash Flow Levels
Line of Credit Drawdowns
Accounts Receivable Ratio to Sales

$
$

Owner's injection might be too low in relation to the amount of money needed
Cash request exceeds 20% which might be high

9.00%
84

Interest rate seems reasonable

Loan term seems within range for this type of loan

9.00%
240.00

Interest rate seems reasonable

Loan term seems within range for this type of loan

1.50%

Income Statement
Gross Margin as a Percent of Sales
Owner's Compensation Lower Limit Check
$
Owner's Compensation Upper Limit Check
Advertising Expense Levels as a Percent of Sales
Profitability Levels
$
Profitability as a Percent of Sales

Findings

98.82%
0.00%
0.39%
(792,676)
-25.90%

0.00%

Calculated loan payments as a percent of sales seem resonable

Gross margin percentage seems reasonable

An owner's compensation amount has not been established
Owner's compensation seems reasonable
Advertising as a percent of sales may be too low
The business is not showing a profit
The projection does not seem highly unreasonable

The financial projection provides the desired level of cash flow

The business doesn't seem to require a line of credit
Accounts receivable amount as a percent of sales seems reasonable

Balance Sheet
Does the Base Period Balance Sheet Balance?
Does the Final Balance Sheet Balance
Debt to Equity Ratio
Breakeven Analysis
Breakeven Levels

-320.35%

The balance sheet does balance

The balance sheet does balance
The debt to equity ratio seems reasonable

(409,156)

The sales projection is less than the break-even amount

unt of money needed