Professional Documents
Culture Documents
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Table of Contents
Page
Beauty salon
Chart: Highlights
Highlights
$0
($10,000)
Sales
($20,000)
Gross Margin
($40,000)
($50,000)
1.1 Objectives
To develop a working website that will allow customer to book an appointment and at the same
time allow administrator to manage booking or reservations.
To keep clients past visits and store preferences to make their appointment scheduling simple
and streamlined experience.
An interactive system that will allow the exchanging of information between the barber and the
client to discover customer's satisfaction.
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Beauty salon
1.2 Mission
Our mission is to reduce the waiting time of the customers by developing an online appointment
website, and improve customer satisfaction by providing skilled services through talented
cosmetologists, that give our customers the dignity and self-respect needed to be successful in the
world today.
We are also committed to offering a range of complementary services for hair styling and body care
in the same location, to give our customers the convenience of a single location for all their hair and
body care needs.
Location - by using the website for booking appointment, it therefor reduces the geographical
boundaries and provides easy access for clients as well as greater visibility to potential clients.
Advertising - it will play a better roll by using the website to send our name, message, mission, and
our concept out to the public.
Unique - not like others in providing quality hair care and addressing more complicated hair care
issues in private consultation.
Convenience - offering clients a wide range of services in one setting, and extended business hours.
Customer Satisfaction - this is the most important factor in whether a one-time customer becomes a
repeat or permanent customer and also recommends friends to us.
The beauty salon will provide a wide range of hair care services, products, wigs, and hairpieces. it
will only offer top quality hair and skin services and beauty products. What will make it different
from any competition is its commitment to continued education, providing the latest technology, hair
care and replacement techniques, along with other related services.
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Beauty salon
The salon is considered as a full-service beauty salon that will offer a wide range of services that
include:
Hair: The owners will provide all of the hair replacement services and some of the facials. Hair
replacement services offered include Great Lengths and Le Metric, as well as more traditional
methods, including wigs and smaller hairpieces. Other hair services include haircuts, relaxers,
perms, colors, shampoo, conditioning, and curling, reconstructing, weaving and waving.
Massages
In addition, the facility contains a separate room which will be used for massages, aromatherapy, and
craniofacial therapy.
Women will not compromise on appearance. Women will continue to visit hair salons as often as
they did pre-credit crunch (Source: TNS
World panel – Salon Survey, 6 months to March), confirming the notion that women will not
compromise their appearance despite facing greater financial pressure.
In fact in 2009, the 25-34 age group saw a 10 percent increase in the number of women paying to
have their hair done in salons and a 43 percent increase in the number of women who wanted color
or a perm (Source: TNS World panel – Salon Survey, 6 months to March 2009).
The hair salon industry earns more than $1 billion/year in the United States alone. Millions of hair-
loss sufferers are reduced to trying quack remedies they see on TV because there are no professional
hair replacement services in their area. When presented with real treatments that work, many clients
are amazed, having given up on really receiving help.
The salon is committed to helping client of both genders and from any town area reclaims their
looks, their self-respect, and their dignity by providing professional services that will meet their
needs.
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Beauty salon
In 2001, according to the U.S. Census, beauty salons reached revenue of $20.8 billion within the
United States.
A typical full-service hair and salon business offers most of the following services:
· Hair: haircuts, trims and styling; highlights/foils & weaving; hair & scalp treatments; relaxers,
perms; colors; shampoo and conditioning; curling, reconstructing, permanent waving.
· Nails: manicures, pedicures, polish, sculptured nails, nail repair, hand conditioning treatments.
· Skin Care: Facials, body waxing, massage.
· Sale of professional hair/beauty products: Many salon businesses also offer a wide range of hair
and beauty products in order to provide everything a customer needs in one convenient location.
Sale of professional hair/beauty products: Many salon businesses also offer a wide range of hair and
beauty products in order to provide everything a customer needs in one convenient location
According to the U.S. Census, in 2000, any town had an overall population of 360,890. Of these, the
majority is Caucasian (80%), and roughly half were married couples, with or without children. 60%
of any town population owned their own house, and the median household income was $45,081.
The local economy is based heavily on tourism, although it has recently gained a strong foothold in
the electronics, high-technology, and manufacturing industries. Any town has seen a strong
population growth over the last 25 years.
therefore the salon will target customers with an average to above-average income level ($50,000 to
$150,000 household incomes), seeking hair replacement and hair, skin, and body care services.
Although the clients need different services, their underlying needs are much the same: to be treated
with respect and dignity; to feel good about their appearance; and to be pampered now and then.
Hair replacement clients
about 50% of the general population will suffer some hair loss by the age of 50; many expect and
tolerate this. However, for some people, especially women, hair loss is a dramatic and traumatic
event. When hair loss accompanies a major illness, such as cancer, it is even more devastating. The
numbers in the following table reflect potential hair replacement clients.
Cancer patients: We will advertise our presence more visibly to doctors, therapists, and patients
at these centers, to let them know how we can help patients maintain a sense of normalcy during
the stress of cancer treatment.
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Beauty salon
Female hair loss: Over 25 million American women suffer the effects of female hair loss, and
many have no idea what causes it or how to treat it. By integrating hair replacement services into
the context of a traditional "salon," we hope to turn what could be a stigmatizing experience into
just another day at the beauty parlor.
Male pattern baldness: Once considered just a fact of life, male pattern baldness is now being
viewed as a treatable disease. Men are also paying more attention to their personal grooming,
and professional men are willing to pay higher prices for the luxury of a salon atmosphere and
the reassurance of using professionally-trained cosmetologists. We will market to this target
segment with the promise of a better, more attractive appearance.
Market Analysis
2011 2012 2013 2014 2015
Potential Customers Growth CAGR
Hair 30% 2,000 2,600 3,380 4,394 5,712 30.00%
Nail 25% 1,800 2,250 2,813 3,516 4,395 25.00%
Skin care 25% 1,800 2,250 2,813 3,516 4,395 25.00%
Sale of professional 20% 1,600 1,920 2,304 2,765 3,318 20.00%
hair/beauty products
Total 25.43% 7,200 9,020 11,310 14,191 17,820 25.43%
Page 5
Beauty salon
Hair
Nail
Skin care
the salon target market segments are fairly broad, in part because the services appeal to such a wide
range of people. the salon focuses on a slightly upscale target market, who can afford the salon
services on a regular basis and not just as an occasional treat, because satisfied repeat customers are
the backbone of the salon industry.
For the hair replacement services, the salon is targeting three different groups: cancer patients,
women with hair loss, and men with male-pattern baldness. Although it has been listed together in
the market analysis table, the salon will use slightly different marketing tactics with each group.
Many of these customers will come to the salon only a few times, especially if their hair loss is
temporary (post-natal hair loss and cancer patients, especially). Others will remain loyal customers
for years, coming in for repeat treatments or new wigs. In both cases, our marketing efforts need to
establish our reputation as legitimate, skilled professionals who can solve their hair loss problems
The beauty spa and salon industry is decentralized, and contains numerous small businesses and
franchises. As a more upscale salon, and especially as one with a significant focus on male beauty
needs, the salon does not fit the "chain" model. Similar businesses gain initial clientele through print
and media advertising, but maintain and expand their clientele by consistently satisfying their
customers, generating not only repeat business, but word of mouth referrals. Many people will
switch salons if a friend or relative is getting consistently good haircuts and expressing satisfaction
with the services of a particular salon.
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Beauty salon
Most similar salons are owner operated, with additional hairstyling or station employees, or
with independently contracted stylists who work on commission.
The hair replacement industry is split between large, international chains offering drugs, dyes, and
other products, and smaller local businesses specializing in customized treatment, including surgery.
Hair replacement
in any town there is really serious competition for hair salon and hair treatment. There are many
salons that offer different forms of extensions and years of experience available at. there for the
salon is ready to face the challenge.
Beauty Salon
the salon commonly hear complaints from different people that there are few salons that take care of
the whole person with the services, it therefore want to meet the people's need. Clients have also
expressed the wish for a salon that is not only professional looking, but also has the skill to back up
the salon.
Potential clients seeking a good salon experience are looking for good quality, professional,
clean and luxurious atmosphere, and skilled staff. Among the salon target market, they are quite
willing to pay more for such elements. In fact, the price premium gives the salon's service the feeling
of being an affordable luxury, like gourmet coffee, which enhances our customers' identities as
upscale, trendy people.
The most important factor, hands down, for the success of a salon is satisfied customers. Word of
mouth is the biggest way of building clientele and the salon is weanling to provide.
The proposed online booking system will allow administrator to manage booking or reservations and
at the same time providing access to customer for them to be able to book appointment online. User
login is required, so new users will need to sign up and register for them to be able to access the
relevant information.
With the online booking system, the system will allow user to book an online appointment and the
user can select their favorite from the available hair dressers and also choose the best time slots that
is ok for him. User can also enter his own date and time if the available time slot does not satisfy
him. The system will be a better way of storing or keeping previous customer's record.
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Beauty salon
In this section, user needs to be registered and enrolled as administrator. Once enrolled as system
administrator, the user will be provided with a user-name and password where he can log in to the
personal administration center, When the user logged in he will be able to set the salon opening
hours so that customer will not be able to book an appointment outside the opening hours. The
system admin can remove appointment slots that are occupied from the available slot to prevent
double allocation.
Briefly, when customer login to the online booking center, an online booking form will appear
showing them all available appointment and time slots. They can simply click on the time that suits
them they will be taken to a form page where they can enter the relevant data about the appointment
details. After submitting the form, the information will be sent directly to the system administration
and store in the database. The system admin can then send a confirmation note to confirm the
appointment and finalize any other requirements
The user logged in through the administrative login will be able to perform the following task:
• Add or remove customers booking.
• Group rooms into sections where there are a large number of rooms
• Add or remove registered customer that have access to the system
• Manage emails that are or will be sent to the users that book appointment
Page 8
Beauty salon
The user logged in through the customers' login will have access to the following task:
• Book appointment online
This is an intended business planning tool and techniques, used in the initial analysis of certain key
areas of a business environment in other to identify certain factors in regards to the intended
business, such as the strength, weakness, opportunities and threats found in the given business
scenario. The word SWOT is an acronym for the above listed key areas, with the strength and
weakness being regarded as internal factors, while the opportunities and threats are the external
factors.
6.1.1 Strengths
4. Customer Loyalty
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Beauty salon
6.1.2 Weaknesses
6.1.3 Opportunities
6.1.4 Threats
Page 10
Beauty salon
The primary focus on the next step forward is to incorporate the existing services into a full-scale
salon concept, so that online booking is seen as just one more hair service option. The salon will
leverage its skills and reputation and its highly visible new technology to increase its client base with
more extensive marketing campaigns on the benefits of making online appointment and other hair
services.
The salon will continue to provide great service, and will track its sales and marketing goals as it go
further. The salon will work with its independent stylists to ensure a consistent level of quality and
customer service. more also the salon will train them in some of the cosmetic forms of hair
replacement treatment, such as extensions, so as to incorporate some of that business into the "salon"
portion of the business.
Sales Forecast
FY 2012 FY 2013 FY 2014
Sales
Hair $532 $600 $700
Nail $432 $550 $6,50
skin care $474 $540 $640
Sale of professional hair/beauty products $485 $530 $640
Total Sales $1,923 $2,220 $1,980
Page 11
Apr May Jun Jul Au
Beauty salon
Sales Monthly
$220
$200
$180
$160
Hair
$140
Nail
$120
skin care
$100
$40
$20
$0
Sales by Year
$2,700
$2,400
$2,100
Hair
$1,800
Nail
$1,500
skin care
$1,200
Sale of professional hair/beauty products
$900
$600
$300
$0
FY 2012 FY 2013 FY 2014
6.5 Milestones
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Beauty salon
Table: Milestones
Milestones
Totals $100,000
Page 13
Beauty salon
Chart: Milestones
Milestones
Hair
Nails
Skin Care
0
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Table: Personnel
Personnel Plan
FY 2012 FY 2013 FY 2014
Thierry $4,542 $5,000 $6,000
Ola $8,314 $9,000 $10,000
Oku $5,646 $6,000 $7,000
Abdulrahman $6,805 $7,000 $8,000
Total People 136 150 160
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Beauty salon
The salon is expecting growth of at least 5% each year and it anticipate the increase to continue as
new clients come to the salon. The financial plan for the next three years includes several new
revenue streams from massage therapy and booth rental from affiliated stylists. The projections for
the first year are therefore much different from the starting balances, even considering that the past
performance included only six months of data. The major accompanying expense is a much higher
personnel payroll, as well as higher rent for the location, to accommodate all these people.
The advertising expenses will be lower than those of similar businesses, because the new
website will play a better roll by using it to send our name, message, mission, discounts and other
concept out to the public, the online booking system still a "start-up" because the new services will
be unknown to many in the community without heavy advertising therefore a traditional means of
advertisement will be taken into action. The salon will work hard to keep costs down and to use
word-of-mouth as much as possible to build the business.
Break-even Analysis
Assumptions:
Average Percent Variable Cost 128%
Estimated Monthly Fixed Cost $3,550
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Beauty salon
Break-even Analysis
$0
($300)
($600)
($900)
($1,200)
($1,500)
($1,800)
($2,100)
($2,400)
($2,700)
($3,000)
($3,300)
#N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A
Expenses
Payroll $25,307 $27,000 $31,000
Marketing/Promotion $917 $1,000 $1,200
Depreciation $0 $0 $0
Rent $1,995 $1,995 $1,995
Utilities $2,726 $3,000 $3,200
Insurance $3,172 $3,300 $3,600
Payroll Taxes $3,796 $4,050 $4,650
Page 16
Beauty salon
Profit Monthly
$0
($1,000)
($2,000)
($3,000)
($4,000)
($5,000)
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Page 17
Beauty salon
Profit Yearly
$0
($10,000)
($20,000)
($30,000)
($40,000)
($50,000)
$0
($20)
($40)
($60)
($80)
($100)
($120)
($140)
($160)
($180)
($200)
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Page 18
Beauty salon
$0
($500)
($1,000)
($1,500)
($2,000)
($2,500)
($3,000)
($3,500)
($4,000)
($4,500)
Mar
Cash Spending $25,307 $27,000 $31,000
Bill Payments $18,075 $23,716 $26,652
Jul
May Jun
Net Cash Flow ($39,268) ($45,596) ($52,022)
Cash Balance Apr
($39,268) ($84,865) ($136,887)
Chart: Cash
Cash
$0
($4,000)
($8,000)
($12,000)
($28,000)
($32,000)
($36,000)
Page 20
Beauty salon
Current Assets
Cash ($39,268) ($84,865) ($136,887)
Other Current Assets $0 $0 $0
Total Current Assets ($39,268) ($84,865) ($136,887)
Long-term Assets
Long-term Assets $0 $0 $0
Accumulated Depreciation $0 $0 $0
Total Long-term Assets $0 $0 $0
Total Assets ($39,268) ($84,865) ($136,887)
Current Liabilities
Accounts Payable $2,652 $1,886 $2,218
Current Borrowing $978 $2,178 $3,578
Other Current Liabilities $409 $909 $1,509
Subtotal Current Liabilities $4,039 $4,973 $7,305
Table: Ratios
Ratio Analysis
Page 21
Beauty salon
Percent of Sales
Sales 100.00% 100.00% 100.00% 100.00%
Gross Margin -75.34% -106.76% -251.01% 75.39%
Selling, General & Administrative 2219.04% 2043.29% 2577.45% 30.08%
Expenses
Advertising Expenses 47.70% 45.05% 60.61% 2.46%
Profit Before Interest and Taxes -2291.20% -2140.32% -2808.84% 6.21%
Main Ratios
Current -9.72 -17.06 -18.74 1.46
Quick -9.72 -17.06 -18.74 1.28
Total Debt to Total Assets -11.26% -6.78% -6.24% 95.69%
Pre-tax Return on Net Worth 100.96% 52.67% 38.51% 476.96%
Pre-tax Return on Assets 112.33% 56.24% 40.91% 20.53%
Activity Ratios
Accounts Payable Turnover 7.82 12.17 12.17 n.a
Payment Days 27 36 28 n.a
Total Asset Turnover 0.00 0.00 0.00 n.a
Debt Ratios
Debt to Net Worth 0.00 0.00 0.00 n.a
Current Liab. to Liab. 0.91 0.86 0.86 n.a
Liquidity Ratios
Net Working Capital ($43,307) ($89,838) ($144,192) n.a
Interest Coverage -721.15 -219.88 -143.12 n.a
Page 22
Beauty salon
Additional Ratios
Assets to Sales -20.42 -38.23 -69.13 n.a
Current Debt/Total Assets 0% 0% 0% n.a
Acid Test -9.72 -17.06 -18.74 n.a
Sales/Net Worth 0.00 0.00 0.00 n.a
Dividend Payout 0.00 0.00 0.00 n.a
Page 23
Appendix
Sales Forecast
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Sales
Hair $19 $23 $29 $49 $47 $51 $50 $48 $53 $52 $54 $57
Nail $15 $17 $23 $35 $38 $42 $40 $41 $43 $42 $44 $52
skin care $11 $13 $27 $40 $43 $48 $43 $46 $50 $47 $50 $56
Sale of professional $18 $21 $34 $41 $43 $44 $46 $43 $47 $46 $48 $54
hair/beauty products
Total Sales $63 $74 $113 $165 $171 $185 $179 $178 $193 $187 $196 $219
Direct Cost of Sales Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Hair $31 $44 $55 $55 $66 $49 $73 $69 $76 $75 $79 $87
Nail $18 $21 $36 $30 $44 $45 $55 $55 $53 $51 $54 $64
Skin care $25 $32 $33 $35 $37 $40 $41 $45 $47 $48 $60 $71
Sale of professional $23 $36 $42 $43 $50 $55 $59 $61 $65 $69 $73 $79
hair/beauty products
Subtotal Direct Cost of $97 $133 $166 $163 $197 $189 $228 $230 $241 $243 $266 $301
Sales
Page 1
Appendix
Table: Personnel
Personnel Plan
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Thierry $212 $234 $257 $283 $311 $342 $376 $414 $455 $501 $551 $606
Ola $388 $427 $470 $517 $569 $626 $689 $758 $834 $917 $1,009 $1,110
Oku $264 $290 $319 $351 $386 $425 $468 $515 $566 $623 $685 $754
Abdulrahman $318 $350 $385 $424 $466 $513 $564 $620 $682 $750 $825 $908
Total People 48 53 58 64 70 77 85 94 103 113 124 136
Total Payroll $1,182 $1,301 $1,431 $1,575 $1,732 $1,906 $2,097 $2,307 $2,537 $2,791 $3,070 $3,378
Page 2
Appendix
Pro Forma
Profit and Loss
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Sales $63 $74 $113 $165 $171 $185 $179 $178 $193 $187 $196 $219
Direct Cost of $97 $133 $166 $163 $197 $189 $228 $230 $241 $243 $266 $301
Sales
Other Costs of $43 $47 $52 $57 $63 $69 $76 $84 $92 $101 $111 $122
Sales
Total Cost of $140 $180 $218 $220 $260 $258 $304 $314 $333 $344 $377 $423
Sales
Gross Margin ($77) ($106) ($105) ($55) ($89) ($73) ($125) ($136) ($140) ($157) ($181) ($204)
Gross Margin % - - - - - - - - - - - -
122.73 143.24 92.92% 33.63% 52.05% 39.46% 69.83% 76.40% 72.54% 83.96% 92.27% 93.15%
% %
Expenses
Payroll $1,182 $1,301 $1,431 $1,575 $1,732 $1,906 $2,097 $2,307 $2,537 $2,791 $3,070 $3,378
Marketing/Prom $43 $47 $52 $57 $63 $69 $76 $84 $92 $101 $111 $122
otion
Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Rent $94 $103 $113 $124 $136 $150 $165 $182 $200 $220 $242 $266
Utilities $127 $140 $154 $169 $186 $205 $226 $249 $274 $301 $331 $364
Insurance $148 $163 $179 $197 $217 $239 $263 $289 $318 $350 $385 $424
Payroll Taxes 15 $177 $195 $215 $236 $260 $286 $315 $346 $381 $419 $461 $507
%
Other $219 $241 $265 $292 $321 $353 $388 $427 $470 $517 $569 $626
Page 3
Appendix
Total Operating $1,991 $2,190 $2,409 $2,650 $2,915 $3,208 $3,530 $3,884 $4,272 $4,699 $5,169 $5,687
Expenses
Profit Before ($2,068 ($2,296 ($2,514 ($2,706 ($3,004 ($3,281 ($3,655 ($4,020 ($4,412 ($4,856 ($5,349 ($5,891
Interest and ) ) ) ) ) ) ) ) ) ) ) )
Taxes
EBITDA ($2,068 ($2,296 ($2,514 ($2,706 ($3,004 ($3,281 ($3,655 ($4,020 ($4,412 ($4,856 ($5,349 ($5,891
) ) ) ) ) ) ) ) ) ) ) )
Interest $1 $1 $2 $2 $3 $4 $5 $6 $7 $8 $10 $11
Expense
Taxes Incurred $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Net Profit ($2,068 ($2,297 ($2,515 ($2,708 ($3,007 ($3,285 ($3,660 ($4,026 ($4,419 ($4,864 ($5,359 ($5,902
) ) ) ) ) ) ) ) ) ) ) )
Net Profit/Sales - - - - - - - - - - - -
3290.75 3104.40 2226.02 1644.92 1758.50 1775.67 2044.46 2261.86 2289.51 2601.12 2733.17 2695.00
% % % % % % % % % % % %
Page 4
Appendix
Pro Forma
Cash Flow
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Cash
Received
Cash from
Operations
Cash Sales $63 $74 $113 $165 $171 $185 $179 $178 $193 $187 $196 $219
Subtotal $63 $74 $113 $165 $171 $185 $179 $178 $193 $187 $196 $219
Cash from
Operations
Additional
Cash
Received
Sales Tax, 25.00 $16 $19 $28 $41 $43 $46 $45 $45 $48 $47 $49 $55
VAT, %
HST/GST
Received
New $45 $50 $55 $61 $67 $74 $81 $89 $98 $108 $119 $131
Current
Borrowing
New Other $19 $21 $23 $25 $28 $31 $34 $37 $41 $45 $50 $55
Liabilities
(interest-
free)
New Long- $18 $20 $22 $24 $26 $29 $32 $35 $38 $42 $46 $51
Page 5
Appendix
term
Liabilities
Sales of $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other
Current
Assets
Sales of $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Long-term
Assets
New $20 $22 $24 $26 $29 $32 $35 $38 $42 $46 $51 $56
Investment
Received
Subtotal $181 $206 $265 $342 $364 $397 $406 $422 $460 $475 $511 $567
Cash
Received
Expenditur Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
es
Expenditur
es from
Operations
Cash $1,182 $1,301 $1,431 $1,575 $1,732 $1,906 $2,097 $2,307 $2,537 $2,791 $3,070 $3,378
Spending
Bill $32 $953 $1,074 $1,201 $1,303 $1,450 $1,570 $1,747 $1,903 $2,081 $2,268 $2,494
Payments
Subtotal $1,214 $2,254 $2,505 $2,776 $3,035 $3,356 $3,667 $4,054 $4,440 $4,872 $5,338 $5,872
Spent on
Operations
Additional
Cash Spent
Sales Tax, $16 $19 $28 $41 $43 $46 $45 $45 $48 $47 $49 $55
Page 6
Appendix
VAT,
HST/GST
Paid Out
Principal $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Repayment
of Current
Borrowing
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Liabilities
Principal
Repayment
Long-term $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Liabilities
Principal
Repayment
Purchase $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other
Current
Assets
Purchase $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Long-term
Assets
Dividends $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal $1,230 $2,272 $2,534 $2,817 $3,077 $3,402 $3,712 $4,098 $4,488 $4,919 $5,387 $5,927
Cash Spent
Net Cash ($1,049 ($2,067 ($2,268 ($2,475 ($2,714) ($3,005) ($3,306) ($3,677) ($4,028) ($4,444) ($4,876) ($5,360)
Flow ) ) ) )
Cash ($1,049 ($3,116 ($5,385 ($7,860 ($10,57 ($13,57 ($16,88 ($20,56 ($24,58 ($29,03 ($33,90 ($39,268
Balance ) ) ) ) 3) 8) 4) 1) 9) 3) 9) )
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Appendix
Pro Forma
Balance
Sheet
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Assets Starting
Balance
s
Current
Assets
Cash $0 ($1,04 ($3,11 ($5,38 ($7,86 ($10,57 ($13,57 ($16,88 ($20,56 ($24,58 ($29,03 ($33,90 ($39,26
9) 6) 5) 0) 3) 8) 4) 1) 9) 3) 9) 8)
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Current
Assets
Total $0 ($1,04 ($3,11 ($5,38 ($7,86 ($10,57 ($13,57 ($16,88 ($20,56 ($24,58 ($29,03 ($33,90 ($39,26
Current 9) 6) 5) 0) 3) 8) 4) 1) 9) 3) 9) 8)
Assets
Long-term
Assets
Long-term $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Assets
Accumulat $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ed
Depreciatio
n
Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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Appendix
Long-term
Assets
Total $0 ($1,04 ($3,11 ($5,38 ($7,86 ($10,57 ($13,57 ($16,88 ($20,56 ($24,58 ($29,03 ($33,90 ($39,26
Assets 9) 6) 5) 0) 3) 8) 4) 1) 9) 3) 9) 8)
Liabilities Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
and Capital
Current
Liabilities
Accounts $0 $917 $1,035 $1,157 $1,254 $1,398 $1,512 $1,684 $1,834 $2,006 $2,185 $2,402 $2,652
Payable
Current $0 $45 $95 $150 $211 $278 $352 $433 $522 $620 $728 $847 $978
Borrowing
Other $0 $19 $40 $63 $88 $116 $147 $181 $218 $259 $304 $354 $409
Current
Liabilities
Subtotal $0 $981 $1,170 $1,370 $1,553 $1,792 $2,011 $2,298 $2,574 $2,885 $3,217 $3,603 $4,039
Current
Liabilities
Long-term $0 $18 $38 $60 $84 $110 $139 $171 $206 $244 $286 $332 $383
Liabilities
Total $0 $999 $1,208 $1,430 $1,637 $1,902 $2,150 $2,469 $2,780 $3,129 $3,503 $3,935 $4,422
Liabilities
Paid-in $0 $20 $42 $66 $92 $121 $153 $188 $226 $268 $314 $365 $421
Capital
Retained $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Earnings
Earnings $0 ($2,06 ($4,36 ($6,88 ($9,58 ($12,59 ($15,88 ($19,54 ($23,56 ($27,98 ($32,85 ($38,20 ($44,11
8) 6) 1) 9) 6) 1) 1) 7) 6) 0) 9) 1)
Total $0 ($2,04 ($4,32 ($6,81 ($9,49 ($12,47 ($15,72 ($19,35 ($23,34 ($27,71 ($32,53 ($37,84 ($43,69
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Appendix
Capital 8) 4) 5) 7) 5) 8) 3) 1) 8) 6) 4) 0)
Total $0 ($1,04 ($3,11 ($5,38 ($7,86 ($10,57 ($13,57 ($16,88 ($20,56 ($24,58 ($29,03 ($33,90 ($39,26
Liabilities 9) 6) 5) 0) 3) 8) 4) 1) 9) 3) 9) 8)
and Capital
Net Worth $0 ($2,04 ($4,32 ($6,81 ($9,49 ($12,47 ($15,72 ($19,35 ($23,34 ($27,71 ($32,53 ($37,84 ($43,69
8) 4) 5) 7) 5) 8) 3) 1) 8) 6) 4) 0)
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