Professional Documents
Culture Documents
from Bplans.com
A sample plan is a great way to get started, but you cant just print
this plan out and turn it into the bank. Youre still going to have to put
in all your own information and do all of your own financial forecasts.
With LivePlan, you can easily use this sample as inspiration and create
your own plan, complete with financial tables and graphs. Youll also
be able to:
Save time with linked financial tables (the formulas are built in,
so you dont have to do the calculations!)
Benefit from tons of help, advice, and resources.
Present your plan with confidence, with automatic charts and
graphs corresponding to your financial data.
Work on your plan anywhere, on any computer.
Cover Page
This sample business plan has been made available to users of Business Plan Pro, business
planning software published by Palo Alto Software. Names, locations and numbers may have been
changed, and substantial portions of the original plan text may have been omitted to preserve
confidentiality and proprietary information.
You are welcome to use this plan as a starting point to create your own, but you do not have
permission to resell, reproduce, publish, distribute or even copy this plan as it exists here.
Requests for reprints, academic use, and other dissemination of this sample plan should be emailed
to the marketing department of Palo Alto Software at marketing@paloalto.com. For product
information visit our Website: www.paloalto.com or call: 1-800-229-7526.
Legal Page
Confidentiality Agreement
The undersigned reader acknowledges that the information provided by
_________________________ in this business plan is confidential; therefore, reader agrees not to
disclose it without the express written permission of _________________________.
It is acknowledged by reader that information to be furnished in this business plan is in all respects
confidential in nature, other than information which is in the public domain through other means
and that any disclosure or use of same by reader, may cause serious harm or damage to
_________________________.
Upon request, this document is to be immediately returned to _________________________.
___________________
Signature
___________________
Name (typed or printed)
___________________
Date
Table of Contents
Table of Contents
Page 2
Page 1
Chart: Highlights
Highlights
$1,000,000
$900,000
$800,000
$700,000
$600,000
Sales
$500,000
Gross Margin
$400,000
Net Profit
$300,000
$200,000
$100,000
$0
2004
2005
2006
1.1 Objectives
Fosse Commercial Contractors plans to:
Significantly expand into the commercial and office building contracting market to improve
profit margins and increase local market share.
Expand services and decrease costs by creating a permanent painting crew, as well
as adding a bookkeeper and an accountant to our staff.
Begin to market and offer services in the San Antonio area in preparation for opening an
office there in Year 4.
1.2 Mission
Fosse Commercial Contractors (FCC) strives to offer the finest quality design, site preparation,
cost estimates, construction, repair, and alteration to clients needing large scale construction
services, whether it be office buildings, warehouses, large apartment complexes, public works,
etc. Fosse maintains the highest standards of service in the commercial construction industry.
1.3 Keys to Success
The local commercial construction market is booming at the moment. In order to achieve a
defendable position in this environment, Fosse must concentrate on the following tasks.
Secure at least five large scale commercial contracts over the next three years.
Expand our customer base through expansion into other geographic areas to retain a
sufficient level of profitability.
Increase marketing expenditures by 15%.
Page 2
Page 3
Past Performance
2001
2002
2003
$523,276
$94,190
18.00%
$41,129
42
2.00
$547,870
$98,124
17.91%
$43,063
45
2.00
$571,976
$111,364
19.47%
$44,957
48
2.00
2001
2002
2003
$36,705
$18,215
$39,240
$37,300
$131,460
$38,430
$22,403
$41,083
$35,661
$137,577
$40,428
$23,157
$43,220
$37,991
$144,796
$18,540
$6,000
$12,540
$19,411
$7,000
$12,411
$20,421
$8,000
$12,421
$144,000
$149,988
$157,217
Accounts Payable
Current Borrowing
Other Current Liabilities (interest free)
Total Current Liabilities
$23,300
$17,000
$20,600
$60,900
$22,600
$18,000
$23,162
$63,762
$25,400
$20,000
$21,677
$67,077
Long-term Liabilities
Total Liabilities
$17,438
$78,338
$18,164
$81,926
$19,039
$86,116
Paid-in Capital
Retained Earnings
Earnings
Total Capital
$0
$65,662
$0
$65,662
$0
$68,062
$0
$68,062
$0
$71,101
$0
$71,101
$144,000
$149,988
$157,217
15
$156,983
8.62
15
$164,361
7.34
15
$171,593
7.41
Sales
Gross Margin
Gross Margin %
Operating Expenses
Collection Period (days)
Inventory Turnover
Balance Sheet
Current Assets
Cash
Accounts Receivable
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
Current Liabilities
Page 4
Past Performance
$600,000
$500,000
$400,000
Sales
Gross
$300,000
Net
$200,000
$100,000
$0
2001
2002
2003
Design work
Remodeling and alterations
Permitting
Site preparation
Carpentry
Cement foundations
Painting
Plumbing and utilities installation
Exterior renovations
Subcontractor assessment and evaluation.
Page 5
Market Analysis
2004
Potential Customers
Growth
6%
3%
3%
2%
3.45%
2005
2006
2007
2008
CAGR
2,517
1,779
2,750
3,264
10,310
2,668
1,832
2,833
3,329
10,662
2,828
1,887
2,917
3,396
11,028
2,998
1,944
3,005
3,464
11,411
3,178
2,002
3,095
3,533
11,808
6.00%
3.00%
3.00%
2.00%
3.45%
Page 6
Page 7
Page 8
Sales Forecast
2004
2005
2006
New Construction
Repair work
Alteration work
Total Sales
$247,562
$250,414
$245,760
$743,736
$293,478
$293,478
$293,478
$880,434
$332,165
$332,165
$332,165
$996,495
2004
$176,797
$181,004
$177,723
$535,525
2005
$214,239
$214,239
$220,109
$648,586
2006
$242,480
$242,480
$249,124
$734,085
Sales
Sales Monthly
$100,000
$90,000
$80,000
$70,000
New Construction
$60,000
$50,000
Repair work
$40,000
Alteration work
$30,000
$20,000
$10,000
Dec
Nov
Oct
Sep
Aug
Jul
Jun
May
Apr
Mar
Feb
Jan
$0
Page 9
Sales by Year
$1,000,000
$900,000
$800,000
$700,000
New Construction
$600,000
Repair work
$500,000
Alteration work
$400,000
$300,000
$200,000
$100,000
$0
2004
2005
2006
In addition, as business increases, we will hire additional job superintendents and project
managers as needed.
6.1 Personnel Plan
Our personnel expansion will be focused on the number of temporary laborers we will employ.
The table below gives our estimate of labor costs.
Page 10
Table: Personnel
Personnel Plan
Mr. Robert Fosse, CEO
Mr. David West, General Project Manager
Mrs. Janet Fosse, Office Manager
Job Supervisor
Temporary employees
Total People
Total Payroll
2004
2005
2006
$42,000
$42,000
$24,000
$0
$72,000
9
$42,000
$42,000
$24,000
$0
$72,000
9
$42,000
$42,000
$24,000
$14,400
$90,000
12
$180,000
$180,000
$212,400
General Assumptions
Plan Month
Current Interest Rate
Long-term Interest Rate
Tax Rate
Other
2004
2005
2006
1
10.00%
10.00%
30.00%
0
2
10.00%
10.00%
30.00%
0
3
10.00%
10.00%
30.00%
0
Page 11
Break-even Analysis
$12,000
$9,000
$6,000
$3,000
$0
($3,000)
($6,000)
($9,000)
($12,000)
($15,000)
($18,000)
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$10,000
$30,000
$50,000
$70,000
$90,000
$110,000
Break-even Analysis
Monthly Revenue Break-even
$64,451
Assumptions:
Average Percent Variable Cost
Estimated Monthly Fixed Cost
72%
$18,043
Page 12
Profit Monthly
$10,000
$8,000
$6,000
$4,000
$2,000
$0
($2,000)
($4,000)
($6,000)
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Page 13
Profit Yearly
$8,000
$6,000
$4,000
$2,000
$0
($2,000)
($4,000)
($6,000)
($8,000)
($10,000)
2004
2005
2006
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Page 14
$270,000
$240,000
$210,000
$180,000
$150,000
$120,000
$90,000
$60,000
$30,000
$0
2004
2005
2006
2005
2006
Sales
Direct Cost of Sales
Other Costs of Sales
Total Cost of Sales
$743,736
$535,525
$0
$535,525
$880,434
$648,586
$0
$648,586
$996,495
$734,085
$0
$734,085
Gross Margin
Gross Margin %
$208,211
28.00%
$231,848
26.33%
$262,410
26.33%
Payroll
Sales and Marketing and Other Expenses
Depreciation
Rent
Utilities
Insurance
Payroll Taxes
Other
$180,000
$2,400
$0
$0
$1,320
$3,600
$27,000
$2,200
$180,000
$2,400
$1,000
$0
$1,320
$3,800
$27,000
$2,500
$212,400
$2,400
$1,000
$0
$1,600
$4,200
$27,000
$3,000
$216,520
$218,020
$251,600
($8,309)
($8,309)
$3,498
$0
$13,828
$14,828
$2,964
$3,259
$10,810
$11,810
$2,564
$2,474
($11,807)
-1.59%
$7,605
0.86%
$5,773
0.58%
Expenses
Page 15
2005
2006
$483,428
$248,641
$732,069
$572,282
$301,751
$874,033
$647,722
$343,339
$991,061
$0
$0
$0
$0
$0
$0
$0
$732,069
$0
$0
$0
$0
$0
$0
$0
$874,033
$0
$0
$0
$0
$0
$0
$0
$991,061
2004
2005
2006
$180,000
$567,657
$747,657
$180,000
$694,038
$874,038
$212,400
$777,110
$989,510
$0
$5,000
$0
$2,400
$0
$0
$0
$755,057
$0
$2,000
$0
$2,000
$0
$0
$0
$878,038
$0
$2,000
$0
$2,000
$0
$0
$0
$993,510
($22,988)
$17,440
($4,005)
$13,435
($2,449)
$10,986
Cash Received
Cash from Operations
Cash Sales
Cash from Receivables
Subtotal Cash from Operations
Additional Cash Received
Sales Tax, VAT, HST/GST Received
New Current Borrowing
New Other Liabilities (interest-free)
New Long-term Liabilities
Sales of Other Current Assets
Sales of Long-term Assets
New Investment Received
Subtotal Cash Received
Expenditures
Expenditures from Operations
Cash Spending
Bill Payments
Subtotal Spent on Operations
Additional Cash Spent
Page 16
Chart: Cash
Cash
$40,000
$35,000
$30,000
$25,000
$20,000
$15,000
Cash Balance
$10,000
$5,000
$0
($5,000)
Dec
Nov
Oct
Sep
Aug
Jul
Jun
May
Apr
Mar
Feb
Jan
($10,000)
Page 17
2005
2006
$17,440
$34,824
$35,509
$37,991
$125,764
$13,435
$41,224
$72,006
$37,991
$164,656
$10,986
$46,659
$76,162
$37,991
$171,797
$20,421
$8,000
$12,421
$138,185
$20,421
$9,000
$11,421
$176,077
$20,421
$10,000
$10,421
$182,218
2004
2005
2006
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
$25,575
$15,000
$21,677
$62,252
$59,862
$13,000
$21,677
$94,539
$64,231
$11,000
$21,677
$96,908
Long-term Liabilities
Total Liabilities
$16,639
$78,891
$14,639
$109,178
$12,639
$109,547
$0
$71,101
($11,807)
$59,294
$138,185
$0
$59,294
$7,605
$66,899
$176,077
$0
$66,899
$5,773
$72,671
$182,218
$59,294
$66,899
$72,671
Assets
Current Assets
Cash
Accounts Receivable
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
Liabilities and Capital
Current Liabilities
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
Net Worth
Page 18
Table: Ratios
Ratio Analysis
2004
2005
2006
Industry Profile
30.03%
18.38%
13.18%
4.60%
Accounts Receivable
Inventory
Other Current Assets
Total Current Assets
Long-term Assets
Total Assets
25.20%
25.70%
27.49%
91.01%
8.99%
100.00%
23.41%
40.89%
21.58%
93.51%
6.49%
100.00%
25.61%
41.80%
20.85%
94.28%
5.72%
100.00%
24.47%
26.16%
37.01%
87.64%
12.36%
100.00%
Current Liabilities
Long-term Liabilities
Total Liabilities
Net Worth
45.05%
12.04%
57.09%
42.91%
53.69%
8.31%
62.01%
37.99%
53.18%
6.94%
60.12%
39.88%
40.60%
12.11%
52.71%
47.29%
100.00%
28.00%
29.58%
0.00%
-1.12%
100.00%
26.33%
25.47%
0.00%
1.57%
100.00%
26.33%
25.75%
0.00%
1.08%
100.00%
15.22%
7.62%
0.24%
1.94%
2.02
1.45
57.09%
-19.91%
-8.54%
1.74
0.98
62.01%
16.24%
6.17%
1.77
0.99
60.12%
11.35%
4.53%
1.93
0.94
4.32%
56.40%
9.90%
Sales Growth
Percent of Total Assets
Percent of Sales
Sales
Gross Margin
Selling, General & Administrative Expenses
Advertising Expenses
Profit Before Interest and Taxes
Main Ratios
Current
Quick
Total Debt to Total Assets
Pre-tax Return on Net Worth
Pre-tax Return on Assets
Additional Ratios
2004
2005
2006
-1.59%
-19.91%
0.86%
11.37%
0.58%
7.94%
n.a
n.a
7.47
59
10.91
22.20
28
5.38
7.47
45
12.07
12.17
21
5.00
7.47
46
9.91
12.17
29
5.47
n.a
n.a
n.a
n.a
n.a
n.a
1.33
0.79
1.63
0.87
1.51
0.88
n.a
n.a
$63,512
-2.38
$70,117
4.67
$74,889
4.22
n.a
n.a
0.19
45%
0.89
12.54
0.00
0.20
54%
0.54
13.16
0.00
0.18
53%
0.51
13.71
0.00
n.a
n.a
n.a
n.a
n.a
Activity Ratios
Accounts Receivable Turnover
Collection Days
Inventory Turnover
Accounts Payable Turnover
Payment Days
Total Asset Turnover
Debt Ratios
Debt to Net Worth
Current Liab. to Liab.
Liquidity Ratios
Net Working Capital
Interest Coverage
Additional Ratios
Assets to Sales
Current Debt/Total Assets
Acid Test
Sales/Net Worth
Dividend Payout
Page 19
Appendix
Table: Sales Forecast
Sales Forecast
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sales
New Construction
Repair work
Alteration work
Total Sales
Direct Cost of Sales
New Construction
Repair work
0%
0%
0%
$12,170
$12,777
$14,222
$39,169
Jan
$13,170
$14,555
$12,170
$39,895
Feb
$17,909
$16,909
$16,909
$51,727
Mar
$19,539
$19,539
$19,539
$58,617
Apr
$21,777
$20,285
$20,285
$62,347
May
$21,410
$21,410
$21,410
$64,230
Jun
$27,615
$25,615
$25,615
$78,845
Jul
$28,966
$33,111
$30,861
$92,938
Aug
$28,366
$28,366
$28,366
$85,098
Sep
$23,163
$23,163
$23,163
$69,489
Oct
$18,842
$18,842
$18,842
$56,526
Nov
$14,635
$15,842
$14,378
$44,855
Dec
$8,580
$9,285
$12,626
$13,775
$15,353
$15,094
$19,469
$20,421
$19,998
$17,372
$13,849
$10,976
$9,008
$10,261
$11,921
$15,338
$15,924
$15,094
$18,059
$23,343
$21,275
$16,330
$13,284
$11,169
Alteration work
$10,027
$8,580
$11,921
$15,338
$15,924
$15,094
$18,059
$21,757
$21,275
$16,330
$13,284
$10,136
$27,614
$28,126
$36,468
$44,451
$47,200
$45,282
$55,586
$65,521
$62,547
$50,032
$40,416
$32,281
Page 1
Appendix
Table: Personnel
Personnel Plan
Jan
Mr. Robert Fosse, CEO
Mr. David West, General Project
Manager
Mrs. Janet Fosse, Office Manager
Job Supervisor
Temporary employees
Total People
Total Payroll
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
0%
0%
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
$3,500
0%
0%
0%
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$2,000
$0
$6,000
9
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
Page 2
Appendix
Table: General Assumptions
General Assumptions
Plan Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
10
11
Dec
12
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
Long-term Interest
Rate
Tax Rate
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
30.00%
Other
Page 3
Appendix
Table: Profit and Loss
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sales
$39,169
$39,895
$51,727
$58,617
$62,347
$64,230
$78,845
$92,938
$85,098
$69,489
$56,526
$44,855
$27,614
$28,126
$36,468
$44,451
$47,200
$45,282
$55,586
$65,521
$62,547
$50,032
$40,416
$32,281
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$27,614
$28,126
$36,468
$44,451
$47,200
$45,282
$55,586
$65,521
$62,547
$50,032
$40,416
$32,281
Gross Margin
$11,555
$11,769
$15,259
$14,166
$15,147
$18,948
$23,259
$27,417
$22,551
$19,457
$16,110
$12,574
29.50%
29.50%
29.50%
24.17%
24.29%
29.50%
29.50%
29.50%
26.50%
28.00%
28.50%
28.03%
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$200
$200
$200
$200
$200
$200
$200
$200
$200
$200
$200
$200
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$110
$110
$110
$110
$110
$110
$110
$110
$110
$110
$110
$110
Gross Margin %
Expenses
Payroll
Sales and Marketing and
Other Expenses
Depreciation
Rent
Utilities
Insurance
$300
$300
$300
$300
$300
$300
$300
$300
$300
$300
$300
$300
$2,250
$0
$2,250
$200
$2,250
$500
$2,250
$0
$2,250
$500
$2,250
$0
$2,250
$0
$2,250
$500
$2,250
$500
$2,250
$0
$2,250
$0
$2,250
$0
$17,860
$18,060
$18,360
$17,860
$18,360
$17,860
$17,860
$18,360
$18,360
$17,860
$17,860
$17,860
($6,305)
($6,291)
($3,101)
($3,694)
($3,213)
$1,088
$5,399
$9,057
$4,191
$1,597
($1,750)
($5,286)
($6,305)
($6,291)
($3,101)
($3,694)
($3,213)
$1,088
$5,399
$9,057
$4,191
$1,597
($1,750)
($5,286)
$320
$314
$309
$304
$299
$294
$289
$284
$279
$274
$269
$264
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$794
$5,111
$8,773
$3,912
$1,323
($2,019)
($5,550)
1.24%
6.48%
9.44%
4.60%
1.90%
-3.57%
-12.37%
Payroll Taxes
Other
Interest Expense
Taxes Incurred
15%
Net Profit
($6,625)
($6,605)
($3,410)
($3,999)
($3,512)
Net Profit/Sales
-16.92%
-16.56%
-6.59%
-6.82%
-5.63%
Page 4
Appendix
Table: Cash Flow
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Cash Received
Cash from Operations
Cash Sales
$25,460
$25,932
$33,623
$38,101
$40,526
$41,750
$51,249
$60,410
$55,314
$45,168
$36,742
$29,156
$11,579
$12,035
$13,718
$14,101
$18,185
$20,559
$21,843
$22,651
$27,760
$32,437
$29,602
$24,170
$37,038
$37,967
$47,340
$52,202
$58,710
$62,309
$73,093
$83,061
$83,074
$77,605
$66,344
$53,326
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$37,038
$37,967
$47,340
$52,202
$58,710
$62,309
$73,093
$83,061
$83,074
$77,605
$66,344
$53,326
0.00%
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
$15,000
Bill Payments
$25,998
$18,420
$32,638
$49,549
$56,314
$53,631
$47,117
$70,403
$79,521
$62,130
$39,185
$32,750
$40,998
$33,420
$47,638
$64,549
$71,314
$68,631
$62,117
$85,403
$94,521
$77,130
$54,185
$47,750
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$400
$500
$400
$400
$500
$400
$400
$400
$400
$400
$400
$400
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$200
$200
$200
$200
$200
$200
$200
$200
$200
$200
$200
$200
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Dividends
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$41,598
$34,120
$48,238
$65,149
$72,014
$69,231
$62,717
$86,003
$95,121
$77,730
$54,785
$48,350
Page 5
Appendix
Net Cash Flow
($4,560)
$3,847
Cash Balance
$35,868
$39,715
($898)
$38,816
($12,947)
($13,304)
($6,922)
$10,375
($2,942)
$25,870
$12,566
$5,644
$16,020
$13,078
($12,048)
$1,030
($125)
$11,559
$4,976
$905
$12,464
$17,440
Page 6
Appendix
Table: Balance Sheet
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Starting
Balances
Current Assets
Cash
Accounts Receivable
Inventory
Other Current Assets
Total Current Assets
$40,428
$23,157
$43,220
$37,991
$144,796
$35,868
$25,288
$30,376
$37,991
$129,522
$39,715
$27,215
$30,939
$37,991
$135,860
$38,816
$31,602
$40,114
$37,991
$148,524
$25,870
$38,017
$48,896
$37,991
$150,774
$12,566
$41,654
$51,920
$37,991
$144,131
$5,644
$43,575
$49,810
$37,991
$137,020
$16,020
$49,327
$61,144
$37,991
$164,482
$13,078
$59,204
$72,073
$37,991
$182,347
$1,030
$61,228
$68,802
$37,991
$169,051
$905
$53,113
$55,035
$37,991
$147,044
$12,464
$43,295
$44,458
$37,991
$138,207
$17,440
$34,824
$35,509
$37,991
$125,764
$20,421
$8,000
$12,421
$157,217
$20,421
$8,000
$12,421
$141,943
$20,421
$8,000
$12,421
$148,281
$20,421
$8,000
$12,421
$160,945
$20,421
$8,000
$12,421
$163,195
$20,421
$8,000
$12,421
$156,552
$20,421
$8,000
$12,421
$149,441
$20,421
$8,000
$12,421
$176,903
$20,421
$8,000
$12,421
$194,768
$20,421
$8,000
$12,421
$181,472
$20,421
$8,000
$12,421
$159,465
$20,421
$8,000
$12,421
$150,628
$20,421
$8,000
$12,421
$138,185
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
Liabilities and Capital
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Current Liabilities
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
$25,400
$20,000
$21,677
$67,077
$17,352
$19,600
$21,677
$58,629
$30,995
$19,100
$21,677
$71,772
$47,669
$18,700
$21,677
$88,046
$54,518
$18,300
$21,677
$94,495
$52,087
$17,800
$21,677
$91,564
$44,782
$17,400
$21,677
$83,859
$67,733
$17,000
$21,677
$106,410
$77,424
$16,600
$21,677
$115,701
$60,817
$16,200
$21,677
$98,694
$38,086
$15,800
$21,677
$75,563
$31,868
$15,400
$21,677
$68,945
$25,575
$15,000
$21,677
$62,252
Long-term Liabilities
Total Liabilities
$19,039
$86,116
$18,839
$77,468
$18,639
$90,411
$18,439
$106,485
$18,239
$112,734
$18,039
$109,603
$17,839
$101,698
$17,639
$124,049
$17,439
$133,140
$17,239
$115,933
$17,039
$92,602
$16,839
$85,784
$16,639
$78,891
$0
$71,101
($6,625)
$64,476
$141,943
$0
$71,101
($13,231)
$57,870
$148,281
$0
$71,101
($16,641)
$54,460
$160,945
$0
$71,101
($20,640)
$50,461
$163,195
$0
$71,101
($24,152)
$46,949
$156,552
$0
$71,101
($23,357)
$47,744
$149,441
$0
$71,101
($18,247)
$52,854
$176,903
$0
$71,101
($9,474)
$61,627
$194,768
$0
$71,101
($5,561)
$65,540
$181,472
$0
$71,101
($4,238)
$66,863
$159,465
$0
$71,101
($6,257)
$64,844
$150,628
$0
$71,101
($11,807)
$59,294
$138,185
$64,476
$57,870
$54,460
$50,461
$46,949
$47,744
$52,854
$61,627
$65,540
$66,863
$64,844
$59,294
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
Net Worth
$0
$71,101
$0
$71,101
$157,217
$71,101
Page 7