Last revised 5/2016. See revision notes on last tab.

Step 1 - Enter info about your company in yellow shaded boxes below.
Starting
Preparer Name Company Name Month Starting Year
Armand-Lebel Mbitor Pure Talent Records December 2018

Step 2 - Read the following instructions

Color-Coding:
Enter Data Here

Adjust as Needed

This Microsoft Excel Workbook is designed to provide those

starting a business or already running a business with
information that will allow them to make a "go /no-go" decision.
It will help a potential entrepreneur project operating profit,
develop a projected income statement, balance sheet and cash
flow forecast.

It is designed for a wide variety of users, from those who have

little or no accounting or Excel experience to those who may be
well versed in finance, accounting and the use of Microsoft
Excel. Need to make the
The workbook contains a number of worksheets, each numbers bigger?
documented two ways. Extensive directions and guidance for a Increase the magnification. This
particular page or on a specific accounting topic are found in will either be located in the lower
blue boxes (like this one) on pages that are not self-explanatory. right-hand corner, or in the
12 Functions bar at the top of the
The second way this workbook is documented is using Excel page.
comments in a given cell. Comments are normally hidden from
sight. January
December February
If you see a red triangle in the upper right cornerMarch
of a cell, April May June
you can hover your mouse over the triangle to see the note. As
your mouse moves away from the triangle, the comment will
disappear.

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have a specific direction for that cell, may be a reminder of
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The cells with formulas in this workbook are locked. If changes

 Start-Up Expenses Year 1
(Starting Balance Sheet)

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Fixed Assets Amount Depreciation (years) Notes

Real Estate-Land Not Depreciated

Real Estate-Buildings 20
Leasehold Improvements 7
Equipment 7
Furniture and Fixtures 5
Vehicles 5
Other 5
Total Fixed Assets $ -

Operating Capital Amount Notes

Pre-Opening Salaries and Wages
Prepaid Insurance Premiums
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 $ -

Sources of Funding Percentage Totals Loan Rate Term in Months Monthly Payments Notes
Owner's Equity 0.00%
Outside Investors 0.00%
Additional Loans or Debt
Commercial Loan 0.00% 9.00% 84 -
Commercial Mortgage 0.00% 9.00% 240 -
Credit Card Debt 0.00% 7.00% 60 -
Vehicle Loans 0.00% 6.00% 48 -
Other Bank Debt 0.00% 5.00% 36 -
Total Sources of Funding 0.00% $ - Cell D 42 must equal cell C31 $ -
Total Funding Needed $ - You are fully funded (Balanced)

Note: For existing businesses,

Existing Businesses ONLY -- Calculating Cash on Hand this should be the "bucket" of
Cash - cash plus receivables that will be
+ Accounts Receivable - turned into cash, minus payables
+ Prepaid Expenses - that will be paid out in cash in
the near term (i.e. in the first
- Accounts Payable -
months of the plan)
- Accrued Expenses -
Total Cash on Hand $ -

406057489.xlsx 1-StartingPoint 01/05/2019 20:15:25

 Payroll Year 1

Prepared By: Company Name:

Armand-Lebel MbitoPure Talent Records
Hourly Pay (to
Number of 2 decimal Estimated Estimated
Owners places, ex. Hrs./Week Pay/Month Decembe Septembe Annual
Employee Types /Employees $15.23) (per person) (Total) r January February March April May June July August r October November Totals
Owner(s) $ - - - - - - - - - - - - - $ -
Full-Time Employees $ - - - - - - - - - - - - - $ -
Part-Time Employees $ - - - - - - - - - - - - - $ -
Independent Contractors $ - - - - - - - - - - - - - $ -
Total Salaries and Wages 0 $ - 0 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Estimated Taxes
&
Percentage of Benefits/Month Decembe Septembe Annual
Payroll Taxes and Benefits Wage Base Limit Salary/Wage (Total) r January February March April May June July August r October November Totals
Social Security $ 117,000 6.20% $ - - - - - - - - - - - - - $ -
Medicare -- 1.45% $ - - - - - - - - - - - - - $ -
Federal Unemployment Tax (FUTA) $ 7,000 0.60% $ - - - - - - - - - - - - - $ -
State Unemployment Tax (SUTA) $ 7,000 3.45% $ - - - - - - - - - - - - - $ -
Employee Pension Programs -- 0.00% $ - - - - - - - - - - - - - $ -
Worker's Compensation -- 0.00% $ - - - - - - - - - - - - - $ -
Employee Health Insurance -- 0.00% $ - - - - - - - - - - - - - $ -
Other Employee Benefit Programs -- 0.00% $ - - - - - - - - - - - - - $ -
Total Payroll Taxes and Benefits 11.70% $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Total Salaries and Related Expenses $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

406057489.xlsx 2a-PayrollYear1 01/05/2019 20:15:25

 Payroll Years 1-3

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Year 1 Growth Rate 1 Second Growth Rate 2 Third

Employee Types Totals to 2 Year to 3 Year
Owner(s) - 20.0% - 30.0% -
Full-Time Employees - 20.0% - 30.0% -
Part-Time Employees - 10.0% - 30.0% -
Independent Contractors - 3.0% - 3.0% -
Total Salaries and Wages $ - $ - $ -

Payroll Taxes and Benefits

Social Security - 20.0% - 30.0% -
Medicare - 20.0% - 30.0% -
Federal Unemployment Tax (FUTA) - 20.0% - 30.0% -
State Unemployment Tax (SUTA) - 20.0% - 30.0% -
Employee Pension Programs - 0.0% - 0.0% -
Worker's Compensation - 3.0% - 3.0% -
Employee Health Insurance - 3.0% - 3.0% -
Other Employee Benefit Programs - 10.0% - 10.0% -
Total Payroll Taxes and Benefits $ - $ - $ -

Total Salaries and Related Expenses $ - $ - $ -

406057489.xlsx 2b-PayrollYrs1-3 01/05/2019 20:15:26

 Sales Forecst Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Complete This Chart First:

Product Lines Units COGS Per Unit

Sales Price
Per Unit Margin Per Unit
$ -
$ -
$ -
$ -
$ -
$ -

Septembe Category Category /

Product Lines December January February March April May June July August r October November Annual Totals Breakdown Total
Product 1
Units Sold 0 0.0%
Total Sales - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS - - - - - - - - - - - - $ - 0.0% 0.0%
Total Margin - - - - - - - - - - - - $ - 0.0% 0.0%

Product 2
Units Sold 0 0.0%
Total Sales - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS - - - - - - - - - - - - $ - 0.0% 0.0%
Margin - - - - - - - - - - - - $ - 0.0% 0.0%

Product 3
Units Sold 0 0.0%
Total Sales - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS - - - - - - - - - - - - $ - 0.0% 0.0%
Margin - - - - - - - - - - - - $ - 0.0% 0.0%

Product 4
Units Sold 0 0.0%
Total Sales - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS - - - - - - - - - - - - $ - 0.0% 0.0%
Margin - - - - - - - - - - - - $ - 0.0% 0.0%

Product 5
Units Sold 0 0.0%
Total Sales - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS - - - - - - - - - - - - $ - 0.0% 0.0%
Margin - - - - - - - - - - - - $ - 0.0% 0.0%

Product 6
Units Sold 0 0.0%
Total Sales - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS - - - - - - - - - - - - $ - 0.0% 0.0%
Margin - - - - - - - - - - - - $ - 0.0% 0.0%
Total Units Sold 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Sales $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Total Cost of Goods Sold $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Total Margin $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

406057489.xlsx 3a-SalesForecastYear1 01/05/2019 20:15:26

 This sheet will populate based on information in the year Sales Forecast Years 1-3
1 Sales Forecast.

The included growth rate is just a starting point, if you

Prepared by: Company Name: can provide a more accurate prediction for each month,
unlock the sheet (see Directions) and change the value
Pure Talent Records for that month. Please note that you will no longer have a
Armand-Lebel Mbitor
formula in that cell once you change the value, so you
may want to save a copy of this spreadsheet under a
different name before doing so.
Growth Rate Year 1 to Year 2: 10.00%
Growth Rate Year 2 to Year 3: 10.00%

Decembe Septemb Category Category / Decemb Septemb Year 3 Category Category /

Product Lines Year 1 Totals r January February March April May June July August er October November Year 2 Totals Breakdown Total er January February March April May June July August er October November Totals Breakdown Total
Product 1
Sold 2,000 5,000 7,000 0 0 0 0 0 0 0 0 0 14,000 100.0% 2,200 5,500 7,700 0 0 0 0 0 0 0 0 0 15,400 0.0%
Total Sales 2,000 5,000 7,000 - - - - - - - - - $ 14,000 100.0% 100.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS $ - 2 2 - - - - - - - - - - $ 4 0.0% 100.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total Margin $ - 1,998 4,998 7,000 - - - - - - - - - $ 13,996 100.0% 100.0% - - - - - - - - - - - - $ - 0.0% 0.0%

Product 2
Sold 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%
Total Sales $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Margin $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%

Product 3
Sold 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%
Total Sales $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Margin $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%

Product 4
Sold 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%
Total Sales 0 - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Margin $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%

Product 5
Sold 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%
Total Sales $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Margin $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%

Product 6
Sold 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%
Total Sales $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total COGS $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Margin $ - - - - - - - - - - - - - $ - 0.0% 0.0% - - - - - - - - - - - - $ - 0.0% 0.0%
Total Units Sold 0 2,000 5,000 7,000 0 0 0 0 0 0 0 0 0 14,000 2,200 5,500 7,700 0 0 0 0 0 0 0 0 0 15,400
Total Sales $ - $ 2,000 $ 5,000 $ 7,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 14,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Total Cost of Goods Sold $ - $ 2 $ 2 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 4 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Total Margin $ - $ 1,998 $ 4,998 $ 7,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 13,996 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

406057489.xlsx 3b-SalesForecastYrs1-3 01/05/2019 20:15:26

 Additional Inputs

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Accounts Receivable (A/R) Days Sales Outstanding

Percent of Collections Year 1 Year 2 Year 3
Paid within 30 days 100% 100% 100%
Paid between 30 and 60 days 0% 0% 0%
Paid in more than 60 days 0% 0% 0%
Allowance for bad debt 0% 0% 0%
This should equal 100% ----> 100% 100% 100%

Accounts Payable (A/P)

Percent of Disbursements Year 1 Year 2 Year 3
Paid within 30 days 100% 100% 100%
Paid between 30 and 60 days 0% 0% 0%
Paid in more than 60 days 0% 0% 0%
This should equal 100% ----> 100% 100% 100%

Line of Credit Assumptions

Desired Minimum Cash Balance 0
Line of Credit Interest Rate 8.00%

Additional Fixed Assets Purchases

Septemb Year 2 Year 3
Fixed Assets Depreciation (years) December January February March April May June July August October November Year 1 Totals
er Total Total
Real Estate 20 $ - $ -
Leasehold Improvements 7 $ - $ -
Equipment 7 $ - $ -
Furniture and Fixtures 5 $ - $ -
Vehicles 5 $ - $ -
Other Fixed Assets 5 $ - $ - $ - $ -
Total Additional Fixed Assets $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Income Tax Assumptions

Effective Income Tax Rate - Year 1 0.0%
Effective Income Tax Rate - Year 2 0.0%
Effective Income Tax Rate - Year 3 0.0%

Amortization of Start-Up Costs

Amortization Period in Years 3

406057489.xlsx 4-AdditionalInputs 01/05/2019 20:15:26

 Operating Expenses Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Decembe Septemb
r January February March April May June July August er October November Annual Totals
Expenses
Advertising $ -
Car and Truck Expenses $ -
Commissions and Fees $ -
Contract Labor (Not included in payroll) $ -
Insurance (other than health) $ -
Legal and Professional Services $ -
Licenses $ -
Office Expense $ -
Rent or Lease -- Vehicles, Machinery, Equipment $ -
Rent or Lease -- Other Business Property $ -
Repairs and Maintenance $ -
Supplies $ -
Travel, Meals and Entertainment $ -
Utilities $ -
Miscellaneous $ -
Total Expenses $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Other Expenses
Depreciation - - - - - - - - - - - - $ -
Interest
Commercial Loan - - - - - - - - - - - - $ -
Commercial Mortgage - - - - - - - - - - - - $ -
Credit Card Debt - - - - - - - - - - - - $ -
Vehicle Loans - - - - - - - - - - - - $ -
Other Bank Debt - - - - - - - - - - - - $ -
Line of Credit - - - 1 1 1 2 2 2 4 4 4 $ 19
Bad Debt Expense Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Total Other Expenses Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Total Fixed Operating Expenses Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509

406057489.xlsx 5a-OpExYear1 01/05/2019 20:15:26

 Operating Expenses Years 1-3

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Line Item 2018 Growth Rate 1 to 2 2019 Growth Rate 2 to 3 2020

Advertising - 3.0% - 3.0% -
Car and Truck Expenses - 3.0% - 3.0% -
Commissions and Fees - 5.0% - 5.0% -
Contract Labor (Not included in payroll) - 3.0% - 3.0% -
Insurance (other than health) - 3.0% - 3.0% -
Legal and Professional Services - 3.0% - 3.0% -
Licenses - 5.0% - 5.0% -
Office Expense - 3.0% - 3.0% -
Rent or Lease -- Vehicles, Machinery, Equipment - 3.0% - 3.0% -
Rent or Lease -- Other Business Property - 3.0% - 3.0% -
Repairs and Maintenance - 5.0% - 5.0% -
Supplies - 3.0% - 3.0% -
Travel, Meals and Entertainment - 3.0% - 3.0% -
Utilities - 3.0% - 3.0% -
Miscellaneous - 3.0% - 3.0% -
Total Expenses $ - $ - $ -

Other Expenses
Depreciation - - -
Interest
Commercial Loan - - -
Commercial Mortgage - - -
Credit Card Debt - - -
Vehicle Loans - - -
Other Bank Debt - - -
Line of Credit 19 Err:509 Err:509
Bad Debt Expense Err:509
Total Other Expenses Err:509 Err:509 Err:509

406057489.xlsx 5b-OpExYrs1-3 01/05/2019 20:15:26

 Operating Expenses Years 1-3

Total Operating Expenses Err:509 Err:509 Err:509

406057489.xlsx 5b-OpExYrs1-3 01/05/2019 20:15:26

 Cash Flow Forecast Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Decembe Septemb Novembe

r January February March April May June July August er October r Totals
Beginning Balance $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cash Inflows
Cash Sales - - - - - - - - - - - - $ -
Accounts Receivable - - - - - - - - - - - - $ -
Total Cash Inflows $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Cash Outflows
Investing Activities
New Fixed Asset Pur - - - - - - - - - - - - $ -
Additional Inventory $ -
Cost of Goods Sold - - - - - - - - - - - - $ -
Operating Activities
Operating Expenses - - - - - - - - - - - - $ -
Payroll - - - - - - - - - - - - $ -
Taxes - - 110 - - 150 - - 300 - - 300 $ 860
Financing Activities
Loan Payments - - - - - - - - - - - - $ -
Owners Distribution $ -
Line of Credit Interest - - 1 1 1 2 2 2 4 4 4 $ 19
Line of Credit Repayments $ -
Dividends Paid $ -
Total Cash Outflows $ - $ - $ 110 $ 1 $ 1 $ 151 $ 2 $ 2 $ 302 $ 4 $ 4 $ 304 $ 879
Net Cash Flows $ - $ - $ (110) $ (1) $ (1) $ (151) $ (2) $ (2) $ (302) $ (4) $ (4) $ (304) $ (879)
Operating Cash Balance $ - $ - $ (110) $ (1) $ (1) $ (151) $ (2) $ (2) $ (302) $ (4) $ (4) $ (304)
Line of Credit Drawdown $ - $ - $ 110 $ 1 $ 1 $ 151 $ 2 $ 2 $ 302 $ 4 $ 4 $ 304 $ 879
Ending Cash Balance $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Line of Credit Balance $ - $ - $ 110 $ 111 $ 111 $ 262 $ 264 $ 266 $ 567 $ 571 $ 575 $ 879

406057489.xlsx 6a-CashFlowYear1 01/05/2019 20:15:26

 Cash Flow Forecast Years 1-3

NOTE: To only view the annual total side-by-side, highlight columns C through N
Prepared By: Company Name: and right-click. Then select "Hide". Use the same procedure to Hide columns P through AA. To show
B, O and AB, right-click and select "Unhide".
Armand-Lebel MbitoPure Talent Records

Decembe
Year 1 Totals r January February March April May June July August
Beginning Balance $ - $ 1,998 $ 6,996 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Cash Inflows
Cash Sales $ - 2,000 5,000 7,000 - - - - - -
Accounts Receivable $ - - - - - - - - - -
Total Cash Inflows $ - $ 2,000 $ 5,000 $ 7,000 $ - $ - $ - $ - $ - $ -

Cash Outflows
Investing Activities
New Fixed Asset P $ - - - - - - - - - -
Additional Invento $ -
Cost of Goods Sol $ - 2 2 - - - - - - -
Operating Activities
Operating Expens $ - - - - - - - - - -
Payroll $ - - - - - - - - - -
Taxes $ 860 - - Err:509 - - Err:509 - - Err:509
Financing Activities
Loan Payments $ - - - - - - - - - -
Total Cash Outflows $ 879 $ 2 $ 2 Err:509 $ - $ - Err:509 $ - $ - Err:509
Net Cash Flows $ (879) $ 1,998 $ 4,998 Err:509 $ - $ - Err:509 $ - $ - Err:509
Operating Cash Balance $ 1,998 $ 6,996 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Line of Credit Drawdown $ 879 $ - $ - Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Ending Cash Balance $ 1,998 $ 6,996 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Line of Credit Balance #REF! #REF! Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509

406057489.xlsx 6b-CashFlowYrs1-3 01/05/2019 20:15:26

 Cash Flow Forecast Years 1-3

de-by-side, highlight columns C through N

e the same procedure to Hide columns P through AA. To show them again, highlight columns
hide".

Septemb Novembe Decembe

er October r Year 2 Totals r January February March April May
Beginning Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Cash Inflows
Cash Sales - - - $ 14,000 - - - - - -
Accounts Receivable - - - $ - - - - - - -
Total Cash Inflows $ - $ - $ - $ 14,000 - - - - - -

Cash Outflows
Investing Activities
New Fixed Asset P - - - $ - - - - - - -
Additional Invento $ -
Cost of Goods Sol - - - $ 4 - - - - - -
Operating Activities
Operating Expens - - - $ - - - - - - -
Payroll - - - $ - - - - - - -
Taxes - - Err:509 - - Err:509 - - Err:509
Financing Activities
Loan Payments - - - $ - - - - - - -
Total Cash Outflows $ - $ - Err:509 $ 4 $ - $ - Err:509 $ - $ - Err:509
Net Cash Flows $ - $ - Err:509 $ 13,996 $ - $ - Err:509 $ - $ - Err:509
Operating Cash Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Line of Credit Drawdown Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Ending Cash Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Line of Credit Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509

406057489.xlsx 6b-CashFlowYrs1-3 01/05/2019 20:15:26

 Cash Flow Forecast Years 1-3

Septemb Novembe
June July August er October r Year 3 Totals
Beginning Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Cash Inflows
Cash Sales - - - - - - $ -
Accounts Receivable - - - - - - $ -
Total Cash Inflows - - - - - - $ -

Cash Outflows
Investing Activities
New Fixed Asset P - - - - - - $ -
Additional Invento $ -
Cost of Goods Sol - - - - - - $ -
Operating Activities
Operating Expens - - - - - - $ -
Payroll - - - - - - $ -
Taxes - - Err:509 - - Err:509 Err:509
Financing Activities
Loan Payments - - - - - - $ -
Total Cash Outflows $ - $ - Err:509 $ - $ - Err:509 Err:509
Net Cash Flows $ - $ - Err:509 $ - $ - Err:509 Err:509
Operating Cash Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Line of Credit Drawdown Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Ending Cash Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Line of Credit Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509

406057489.xlsx 6b-CashFlowYrs1-3 01/05/2019 20:15:27

 Income Statement Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

December January February

Revenue
Product 1 10,000 30,000 50,000
Product 2 10,000 30,000 50,000
Product 3 10,000 30,000 50,000
Total Revenue $ 30,000 $ 90,000 $ 150,000
Cost of Goods Sold 15000 30000 50000
Product 1 5,000 15,000 25,000
Product 2 5,000 15,000 25,000
Product 3 5,000 15,000 25,000
Total Cost of Goods $ 15,000 $ 45,000 $ 75,000
Gross Margin $ 15,000 $ 30,000 $ 75,000

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

Payroll $ 200 $ 200 $ 300

Operating Expenses
Advertising 100 100 200
Commissions and 200 200 300
Insurance (other t 100 100 200
Legal and Professi 50 50 100
Licenses 50 50 100
Office Expense 150 150 300
Repairs and Maint 20 20 40
Supplies 40 40 80
Travel, Meals and 30 30 60
Utilities 20 20 40
Miscellaneous 100 100 200
Total Operating Ex $ 620 $ 620 $ 1,620
Income (Before Oth $ 14,180 $ 29,180 $ 73,080

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

Other Expenses
Commercial Lo 1,000 1,000 1,000
Total Other Expens 1,000 1,000 1,000
Net Income Before $ 13,180 $ 28,180 $ 72,080
Income Tax $ 30 $ 30 $ 50
Net Profit/Loss $ 13,150 $ 28,150 $ 72,030

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

March April May June

80,000 120,000 150,000 250,000

80,000 120,000 150,000 250,000
80,000 120,000 150,000 250,000
$ 240,000 $ 360,000 $ 450,000 $ 750,000
80000 120000 150000 250000
40,000 60,000 75,000 125,000
40,000 60,000 75,000 125,000
40,000 60,000 75,000 125,000
$ 120,000 $ 180,000 $ 225,000 $ 375,000
$ 120,000 $ 180,000 $ 225,000 $ 375,000

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 100 $ 100 $ 100

100 100 100 100

100 100 100 100
300 100 100 100
25 100 100 100
50 100 100 100
200 100 100 100
20 100 100 100
50 100 100 100
40 100 100 100
30 100 100 100
200 100 100 100
$ 1,115 $ 1,100 $ 1,100 $ 1,100
$ 118,585 $ 178,800 $ 223,800 $ 373,800

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

1,000 1,000 1,000 1,000

1,000 1,000 1,000 1,000
$ 117,585 $ 177,800 $ 222,800 $ 372,800
$ 50 $ 50 $ 50 $ 100
$ 117,535 $ 177,750 $ 222,750 $ 372,700

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

July August September October

520,000 1,000,000 1,200,000 2,500,000

520,000 1,000,000 1,200,000 2,500,000
520,000 1,000,000 1,200,000 2,500,000
$ 1,560,000 $ 3,000,000 $ 3,600,000 $ 7,500,000
520000 1000000 1200000 2500000
260,000 500,000 600,000 1,250,000
260,000 500,000 600,000 1,250,000
260,000 500,000 600,000 1,250,000
$ 780,000 $ 1,500,000 $ 1,800,000 $ 3,750,000
$ 780,000 $ 1,500,000 $ 1,800,000 $ 3,750,000

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 300 $ 300 $ 300

200 300 300 300

200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
$ 2,200 $ 3,300 $ 3,300 $ 3,300
$ 777,500 $ 1,496,400 $ 1,796,400 $ 3,746,400

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

1,000 1,000 1,000 1,000

1,000 1,000 1,000 1,000
$ 776,500 $ 1,495,400 $ 1,795,400 $ 3,745,400
$ 100 $ 100 $ 100 $ 100
$ 776,400 $ 1,495,300 $ 1,795,300 $ 3,745,300

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

November Annual Totals

3,000,000 $ 8,910,000
3,000,000 $ 8,910,000
3,000,000 $ 8,910,000
$ 9,000,000 $ 26,730,000
3000000
1,500,000 $ 4,455,000
1,500,000 $ 4,455,000
1,500,000 $ 4,455,000
$ 4,500,000 $ 13,365,000
$ 4,500,000 $ 13,350,000

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 2,800

300 $ 2,200
300 $ 2,500
300 $ 2,400
300 $ 1,925
300 $ 1,950
300 $ 2,500
300 $ 1,800
300 $ 1,910
300 $ 1,860
300 $ 1,810
300 $ 2,300
$ 3,300 $ 22,675
$ 4,496,400 $ 13,324,525

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

1,000 $ 12,000
1,000 $ 12,000
$ 4,495,400 $ 13,312,525
$ 100 $ 860
$ 4,495,300 $ 13,311,665

406057489.xlsx 7a-IncomeStatementYear1 PTR 01/05/2019 20:15:27

 Income Statement Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

December January February

Revenue
Product 1 10,000 30,000 50,000
Product 2 10,000 30,000 50,000
Product 3 10,000 30,000 50,000
Total Revenue $ 30,000 $ 90,000 $ 150,000
Cost of Goods Sold 15000 30000 50000
Product 1 5,000 15,000 25,000
Product 2 5,000 15,000 25,000
Product 3 5,000 15,000 25,000
Total Cost of Goods $ 15,000 $ 45,000 $ 75,000
Gross Margin $ 15,000 $ 30,000 $ 75,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

Payroll $ 200 $ 200 $ 300

Operating Expenses
Advertising 100 100 200
Commissions and 200 200 300
Insurance (other t 100 100 200
Legal and Professi 50 50 100
Licenses 50 50 100
Office Expense 150 150 300
Repairs and Maint 20 20 40
Supplies 40 40 80
Travel, Meals and 30 30 60
Utilities 20 20 40
Miscellaneous 100 100 200
Total Operating Ex $ 620 $ 620 $ 1,620
Income (Before Oth $ 14,180 $ 29,180 $ 73,080

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

Other Expenses
Commercial Lo 1,000 1,000 1,000
Total Other Expens 1,000 1,000 1,000
Net Income Before $ 13,180 $ 28,180 $ 72,080
Income Tax $ 30 $ 30 $ 50
Net Profit/Loss $ 13,150 $ 28,150 $ 72,030

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

March April May June

80,000 120,000 150,000 250,000

80,000 120,000 150,000 250,000
80,000 120,000 150,000 250,000
$ 240,000 $ 360,000 $ 450,000 $ 750,000
80000 120000 150000 250000
40,000 60,000 75,000 125,000
40,000 60,000 75,000 125,000
40,000 60,000 75,000 125,000
$ 120,000 $ 180,000 $ 225,000 $ 375,000
$ 120,000 $ 180,000 $ 225,000 $ 375,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 100 $ 100 $ 100

100 100 100 100

100 100 100 100
300 100 100 100
25 100 100 100
50 100 100 100
200 100 100 100
20 100 100 100
50 100 100 100
40 100 100 100
30 100 100 100
200 100 100 100
$ 1,115 $ 1,100 $ 1,100 $ 1,100
$ 118,585 $ 178,800 $ 223,800 $ 373,800

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

1,000 1,000 1,000 1,000

1,000 1,000 1,000 1,000
$ 117,585 $ 177,800 $ 222,800 $ 372,800
$ 50 $ 50 $ 50 $ 100
$ 117,535 $ 177,750 $ 222,750 $ 372,700

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

July August September October

520,000 1,000,000 1,200,000 2,500,000

520,000 1,000,000 1,200,000 2,500,000
520,000 1,000,000 1,200,000 2,500,000
$ 1,560,000 $ 3,000,000 $ 3,600,000 $ 7,500,000
520000 1000000 1200000 2500000
260,000 500,000 600,000 1,250,000
260,000 500,000 600,000 1,250,000
260,000 500,000 600,000 1,250,000
$ 780,000 $ 1,500,000 $ 1,800,000 $ 3,750,000
$ 780,000 $ 1,500,000 $ 1,800,000 $ 3,750,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 300 $ 300 $ 300

200 300 300 300

200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
$ 2,200 $ 3,300 $ 3,300 $ 3,300
$ 777,500 $ 1,496,400 $ 1,796,400 $ 3,746,400

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

1,000 1,000 1,000 1,000

1,000 1,000 1,000 1,000
$ 776,500 $ 1,495,400 $ 1,795,400 $ 3,745,400
$ 100 $ 100 $ 100 $ 100
$ 776,400 $ 1,495,300 $ 1,795,300 $ 3,745,300

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

November Annual Totals

3,000,000 $ 8,910,000
3,000,000 $ 8,910,000
3,000,000 $ 8,910,000
$ 9,000,000 $ 26,730,000
3000000
1,500,000 $ 4,455,000
1,500,000 $ 4,455,000
1,500,000 $ 4,455,000
$ 4,500,000 $ 13,365,000
$ 4,500,000 $ 13,350,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 2,800

300 $ 2,200
300 $ 2,500
300 $ 2,400
300 $ 1,925
300 $ 1,950
300 $ 2,500
300 $ 1,800
300 $ 1,910
300 $ 1,860
300 $ 1,810
300 $ 2,300
$ 3,300 $ 22,675
$ 4,496,400 $ 13,324,525

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

1,000 $ 12,000
1,000 $ 12,000
$ 4,495,400 $ 13,312,525
$ 100 $ 860
$ 4,495,300 $ 13,311,665

406057489.xlsx 7a-IncomeStatementYear1 PTR (2) 01/05/2019 20:15:27

 Income Statement Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records
2018
December January February
Revenue
Product 1 10,000 30,000 50,000
Product 2 10,000 30,000 50,000
Product 3 10,000 30,000 50,000
Total Revenue $ 30,000 $ 90,000 $ 150,000
Cost of Goods Sold 15000 30000 50000
Product 1 5,000 15,000 25,000
Product 2 5,000 15,000 25,000
Product 3 5,000 15,000 25,000
Total Cost of Goods $ 15,000 $ 45,000 $ 75,000
Gross Margin $ 15,000 $ 30,000 $ 75,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

Payroll $ 200 $ 200 $ 300

Operating Expenses
Advertising 100 100 200
Commissions and 200 200 300
Insurance (other t 100 100 200
Legal and Professi 50 50 100
Licenses 50 50 100
Office Expense 150 150 300
Repairs and Maint 20 20 40
Supplies 40 40 80
Travel, Meals and 30 30 60
Utilities 20 20 40
Miscellaneous 100 100 200
Total Operating Ex $ 620 $ 620 $ 1,620
Income (Before Oth $ 14,180 $ 29,180 $ 73,080

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

Other Expenses
Commercial Lo 1,000 1,000 1,000
Total Other Expens 1,000 1,000 1,000
Net Income Before $ 13,180 $ 28,180 $ 72,080
Income Tax $ 30 $ 30 $ 50
Net Profit/Loss $ 13,150 $ 28,150 $ 72,030

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

March April May June

80,000 120,000 150,000 250,000

80,000 120,000 150,000 250,000
80,000 120,000 150,000 250,000
$ 240,000 $ 360,000 $ 450,000 $ 750,000
80000 120000 150000 250000
40,000 60,000 75,000 125,000
40,000 60,000 75,000 125,000
40,000 60,000 75,000 125,000
$ 120,000 $ 180,000 $ 225,000 $ 375,000
$ 120,000 $ 180,000 $ 225,000 $ 375,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 100 $ 100 $ 100

100 100 100 100

100 100 100 100
300 100 100 100
25 100 100 100
50 100 100 100
200 100 100 100
20 100 100 100
50 100 100 100
40 100 100 100
30 100 100 100
200 100 100 100
$ 1,115 $ 1,100 $ 1,100 $ 1,100
$ 118,585 $ 178,800 $ 223,800 $ 373,800

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

1,000 1,000 1,000 1,000

1,000 1,000 1,000 1,000
$ 117,585 $ 177,800 $ 222,800 $ 372,800
$ 50 $ 50 $ 50 $ 100
$ 117,535 $ 177,750 $ 222,750 $ 372,700

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

July August September October

520,000 1,000,000 1,200,000 2,500,000

520,000 1,000,000 1,200,000 2,500,000
520,000 1,000,000 1,200,000 2,500,000
$ 1,560,000 $ 3,000,000 $ 3,600,000 $ 7,500,000
520000 1000000 1200000 2500000
260,000 500,000 600,000 1,250,000
260,000 500,000 600,000 1,250,000
260,000 500,000 600,000 1,250,000
$ 780,000 $ 1,500,000 $ 1,800,000 $ 3,750,000
$ 780,000 $ 1,500,000 $ 1,800,000 $ 3,750,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 300 $ 300 $ 300

200 300 300 300

200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
200 300 300 300
$ 2,200 $ 3,300 $ 3,300 $ 3,300
$ 777,500 $ 1,496,400 $ 1,796,400 $ 3,746,400

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

1,000 1,000 1,000 1,000

1,000 1,000 1,000 1,000
$ 776,500 $ 1,495,400 $ 1,795,400 $ 3,745,400
$ 100 $ 100 $ 100 $ 100
$ 776,400 $ 1,495,300 $ 1,795,300 $ 3,745,300

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

2019
November Annual Totals

3,000,000 $ 8,910,000
3,000,000 $ 8,910,000
3,000,000 $ 8,910,000
$ 9,000,000 $ 26,730,000
3000000
1,500,000 $ 4,455,000
1,500,000 $ 4,455,000
1,500,000 $ 4,455,000
$ 4,500,000 $ 13,365,000
$ 4,500,000 $ 13,350,000

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

$ 300 $ 2,800

300 $ 2,200
300 $ 2,500
300 $ 2,400
300 $ 1,925
300 $ 1,950
300 $ 2,500
300 $ 1,800
300 $ 1,910
300 $ 1,860
300 $ 1,810
300 $ 2,300
$ 3,300 $ 22,675
$ 4,496,400 $ 13,324,525

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Year 1

1,000 $ 12,000
1,000 $ 12,000
$ 4,495,400 $ 13,312,525
$ 100 $ 860
$ 4,495,300 $ 13,311,665

406057489.xlsx 7a-IncomeStatementYear1 PTR (3) 01/05/2019 20:15:27

 Income Statement Years 1-3

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Revenue 2018 2019 2020

Product 1 - 14,000 -
Product 2 - - -
Product 3 - - -
Product 4 - - -
Product 5 - - -
Product 6 - - -
Total Revenue $ - 100% $ 14,000 100% $ - 100%
Cost of Goods Sold
Product 1 - 4 -
Product 2 - - -
Product 3 - - -
Product 4 - - -
Product 5 - - -
Product 6 - - -
Total Cost of Goods Sold - 0% 4 0% - 0%
Gross Margin - 0% 13,996 100% - 0%
Payroll - - -
Operating Expenses
Advertising - - -
Car and Truck Expenses - - -
Commissions and Fees - - -
Contract Labor (Not included in payroll) - - -
Insurance (other than health) - - -
Legal and Professional Services - - -
Licenses - - -
Office Expense - - -
Rent or Lease -- Vehicles, Machinery, Equipment - - -
Rent or Lease -- Other Business Property - - -
Repairs and Maintenance - - -
Supplies - - -
Travel, Meals and Entertainment - - -
Utilities - - -
Miscellaneous - - -
Other Expense 1
Other Expense 2

Total Operating Expenses $ - 0% $ - 0% $ - 0%

Income (Before Other Expenses) $ - 0% $ 13,996 100% $ - 0%

Other Expenses

Amortized Start-up Expenses - - -

Depreciation - - -

Interest

Commercial Loan - - -

Commercial Mortgage - - -

Credit Card Debt - - -

Vehicle Loans - - -

Other Bank Debt - - -

Line of Credit 19 Err:509 Err:509

Bad Debt Expense - - -

Total Other Expenses $ 19 0% Err:509 Err:509 Err:509 0%
Net Income Before Income Tax $ (19) Err:509 Err:509
Income Tax $ 860 Err:509 Err:509
Net Income/Loss $ (879) 0% Err:509 Err:509 Err:509 0%

406057489.xlsx 7b-IncomeStatementYrs1-3 01/05/2019 20:15:27

 Balance Sheet Years 1-3

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

ASSETS 2018 2019 2020

Current Assets
Cash - Err:509 Err:509
Accounts Receivable Err:509 Err:509 Err:509
Inventory - - -
Prepaid Expenses - - -
Other Initial Costs - - -
Total Current Assets Err:509 Err:509 Err:509

Fixed Assets
Real Estate -- Land - - -
Real Estate -- Buildings - - -
Leasehold Improvements - - -
Equipment - - -
Furniture and Fixtures - - -
Vehicles - - -
Other - - -
Total Fixed Assets $ - $ - $ -
(Less Accumulated Depreciation) $ - $ - $ -
Total Assets Err:509 Err:509 Err:509

LIABILITIES & EQUITY

Liabilities
Accounts Payable 13,365,000 13,365,000 13,365,000
Commercial Loan Balance - - -
Commercial Mortgage Balance - - -
Credit Card Debt Balance - - -
Vehicle Loans Balance - - -
Other Bank Debt Balance - - -
Line of Credit Balance 879 Err:509 Err:509
Total Liabilities $ 13,365,879 Err:509 Err:509
Equity
Common Stock - - -
Retained Earnings (879) Err:509 Err:509
Dividends Dispersed/Owners Draw - Err:509 Err:509
Total Equity $ (879) Err:509 Err:509
Total Liabilities and Equity $ 13,365,000 Err:509 Err:509

Err:509 Err:509 Err:509

Balance sheet in or out of balance?
Err:509 Err:509 Err:509

406057489.xlsx 8-BalanceSheet 01/05/2019 20:15:27

 Breakeven Analysis

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Gross Margin % of Sales

Gross Margin $ -
Total Sales $ -
Gross Margin/Total Sales 0.0%
Total Fixed Expenses

$ -
Payroll

Err:509
Operating Expenses
Operating + Payroll Err:509
Breakeven Sales in Dollars (Annual)

0.0%
Gross Margin % of Sales

Err:509
Total Fixed Expenses

$ -
Yearly Breakeven Amount
Monthly Breakeven Amount $ -

406057489.xlsx BreakevenAnalysis 01/05/2019 20:15:27

 Financial Ratios - Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Ratios Year One Year Two Year Three Industry Norms Notes
Liquidity
Current Ratio Err:509 Err:509 Err:509
Quick Ratio Err:509 Err:509 Err:509
Safety
Debt to Equity Ratio -15207.2 Err:509 Err:509
Debt-Service Coverage Ratio - DSCR Err:508 Err:509 Err:509
Profitability
Sales Growth 0.0% 0.0% -100.0%
COGS to Sales 0.0% 0.0% 0.0%
Gross Profit Margin 0.0% 100.0% 0.0%
SG&A to Sales 0.1% 0.0% 0.0%
Net Profit Margin 0.0% Err:509 0.0%
Return on Equity (ROE) 100.0% Err:509 Err:509
Return on Assets Err:509 Err:509 Err:509
Owner's Compensation to Sales 0.0% 0.0% 0.0%
Efficiency
Days in Receivables 0.0 Err:509 0.0
Accounts Receivable Turnover Err:509 Err:509 Err:509
Days in Inventory 0.0 0.0 0.0
Inventory Turnover 0.0 0.0 0.0
Sales to Total Assets Err:509 Err:509 Err:509

406057489.xlsx FinancialRatios 01/05/2019 20:15:27

 Diagnostic Tools - Year 1

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

General Financing Assumptions Value Findings

Owner's Cash Injection into the Business 0.0% Owner's injection might be too low in relation to the amount of money needed
Cash Request as percent of Total Required Funds 0.0% Cash request seems reasonable with respect to total request

Loan Assumptions Value Findings

Commercial Loan Interest rate
Commercial Loan Term in Months
Commercial Mortgage Interest rate
Commercial Mortgage Term in Months
Debt-Service Coverage
9.0% Interest rate seems reasonable
84 Loan term seems within range for this type of loan
9.0% Interest rate seems reasonable
240 Loan term seems within range for this type of loan
Err:508 Err:508

Income Statement Value Findings

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
0.0% Gross margin percentage seems very low
$ - An owner's compensation amount has not been established
0.0% Owner's compensation seems reasonable
0.0% Advertising as a percent of sales may be too low
$ (879) The business is not showing a profit
0.0% The projection does not seem highly unreasonable

Cash Flow Statement Value Findings

Desired Operating cash Flow Levels $ 879 The financial projection provides the desired level of cash flow
Line of Credit Drawdowns $ 879 The business will need at least this level of a line of credit
Accounts Receivable Ratio to Sales 0.0% Accounts receivable amount as a percent of sales seems reasonable

Balance Sheet Value Findings

Does the Year 1 Balance Sheet Balance? Err:509 Err:509
Debt to Equity Ratio ### Very comfortable

Breakeven Analysis Value Findings

Do Sales Exceed the Breakeven Level? $ - The sales projection is less than the break-even amount

406057489.xlsx DiagnosticTools 01/05/2019 20:15:27

 COGS Calculator

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records

Variable Costs of Products

Timeframe: Month
Product Line: Widget
Raw materials
Labor used to produce product
Costs associated
facilitywith shipping and storingofraw materials
Production expenses (use fraction total if facility is used for other
items)
Total Product Expenses $ -
Number Units Sold in timeframe used
Cost of Goods Sold Per Unit Please enter all information.

Variable Costs of Services

Timeframe: Month
Product Line: Project
Amount spent on labor during timeframe
Amount spent variable
on materials
costsduring this timeframe
List any other associated with the delivery of your service during
this timeframe.
Total Service Expenses $ -
Number Units Sold During Timeframe
Cost of Goods Sold Per Unit Please enter all information.

406057489.xlsx COGS Calculator 01/05/2019 20:15:27

 Amortization and Depreciation Schedule

Prepared By: Company Name:

Armand-Lebel Mbitor Pure Talent Records Return to Starting Point

Commercial Loan
Principal Amount $ -
Interest Rate 9.00%
Loan Term in Months 84.00
Monthly Payment Amount $0.00
December January February March April May June July August September October
Year One
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Two
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Three
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -

Commercial Mortgage
Principal Amount $ -
Interest Rate 9.00%
Loan Term in Months 240.00
Monthly Payment Amount $0.00
December January February March April May June July August September October
Year One
Interest - - - - - - - - - - -
 Amortization and Depreciation Schedule

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

Credit Card Debt

Principal Amount $ -
Interest Rate 7.00%
Loan Term in Months 60.00
Monthly Payment Amount $0.00
December January February March April May June July August September October
Year One
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Two
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Three
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
 Amortization and Depreciation Schedule

Vehicle Loans
Principal Amount $ -
Interest Rate 6.00%
Loan Term in Months 48.00
Monthly Payment Amount $0.00
December January February March April May June July August September October
Year One
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Two
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Three
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -

Other Bank Debt

Principal Amount $0.00
Interest Rate 5.00%
Loan Term in Months 36.00
Monthly Payment Amount $0.00
December January February March April May June July August September October
Year One
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Two
Interest - - - - - - - - - - -
 Amortization and Depreciation Schedule

Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -
Year Three
Interest - - - - - - - - - - -
Principal - - - - - - - - - - -
Loan Balance - - - - - - - - - - -

Depreciation
Real Estate-Buildings 20
Leasehold Improvements 7
Equipment 7
Furniture and Fixtures 5
Vehicles 5
Other 5
December January February March April May June July August September October
Year One
Starting Depreciation - - - - - - - - - - -
Additional Depreciation - - - - - - - - - - -
Ending Depreciation - - - - - - - - - - -
Year Two
Starting Depreciation - - - - - - - - - - -
Additional Depreciation - - - - - - - - - - -
Ending Depreciation - - - - - - - - - - -
Year Three
Starting Depreciation - - - - - - - - - - -
Additional Depreciation - - - - - - - - - - -
Ending Deprecation - - - - - - - - - - -

Amortization of Start-Up
Costs Monthly
 Amortization and Depreciation Schedule

Prepaid Expenses $ -
Total Expensed each Year $ - 0
Other Initial Costs $ -
Total Expensed each Year $ - 0
Prepaid Expenses December January February March April May June July August September October
Year One
Amount Amortized - - - - - - - - - - -
Total Amortized - - - - - - - - - - -
Year Two
Amount Amortized - - - - - - - - - - -
Total Amortized - - - - - - - - - - -
Year Three
Amount Amortized - - - - - - - - - - -
Total Amortized - - - - - - - - - - -

Septemb
Other Initial Costs December January February March April May June July August er October
Year One
Amount Amortized - - - - - - - - - - -
Total Amortized - - - - - - - - - - -
Year Two
Starting Depreciation - - - - - - - - - - -
Ending Depreciation - - - - - - - - - - -
Year Three
Starting Depreciation - - - - - - - - - - -
Ending Deprecation - - - - - - - - - - -
 Amortization and Depreciation Schedule

November Totals

- $ -
- $ -
-

- $ -
- $ -
-

- $ -
- $ -
-

November Totals

- $ -
 Amortization and Depreciation Schedule

- $ -
-

- $ -
- $ -
-

- $ -
- $ -
-

November Totals

- $ -
- $ -
-

- $ -
- $ -
-

- $ -
- $ -
-
 Amortization and Depreciation Schedule

November Totals

- $ -
- $ -
-

- $ -
- $ -
-

- $ -
- $ -
-

November Totals

- $ -
- $ -
-

- $ -
 Amortization and Depreciation Schedule

- $ -
-

- $ -
- $ -
-

November Totals

- $ -
-
- $ -

- $ -
-
- $ -

- $ -
-
- $ -
 Amortization and Depreciation Schedule

November Totals

- $ -
-

- $ -
-

- $ -
-

Novembe
r Totals

- $ -
-

- $ -
-

- $ -
-
Date Last Revised Revised By Notes
Tab 3a, cell O55: added margin from 6th product.
Heather Hendy Tab 3b, cells O49 and AD49: added margins from 6th
product. Tab 7b: added % sales for lines 23 and 59
6/21/2013 for all three years.

Updated Tabs 5a, 5b, 7a, and 7b to automatically

carry over debt categories from Tab 1 in case they
are edited. Updated Tabs 5b, 7a and 7b to carry over
expense categories from tab 5a in case they are
7/14/2013 Heather Hendy edited.

Tab 8 Balance Sheet Cell F41 comes from E41 + tab

6b cell AB24 + tab 6b cell AB27.
Heather Hendy However tab 6b cell AB27 did not have a sum total in
the cell.
So when paying Dividends in Year 3 the total for the
year is not calculated and carried over to the Balance
4/23/2014 Sheet. This has now been updated.

Comments were added to the calculation for Social

Joe Clarke Security taxes to clarify that salaries above the wage
base limited ($117,000 currently) will cause the
estimate to be overstated and will require manual
11/12/2015 calculation.
2/10/2016 Joe Clarke Corrected an error (typo) in Amortization Table.
Corrected an error in the calculation of Income Tax
Joe Clarke for Year 3 on Tab 7b and set defaults on Tab 4 to
4/3/2016 those needed by most startups.
Corrected the calculation of income tax on Tabs 7a
Joe Clarke and 7b to realize interest expenses from all loan
5/18/2016 types as well as bad debt.

Tab 3 b 1-3 year sales forecast correct formula in col

Michael Gilman Q referenced the incorrect totals at the bottom of
the sheet. The incorrect formula was referencing cell
O52, O53, O54, O55 needed to reference O46, O47,
6/7/2018 O48, O49.