Year: Name of Firm: Startup Budget Worksheet

Amount
Operating Expenses One Month
(Obtain from Salaries Tab) Salaries $ 27,680.00
(Employer's Share Social Security & Medicare) Payroll Taxes $ 2,117.52
Rent $1,831.29
(Electricity, Telephone, Internet, Water) Utilities $ 710.35
Advertising/Promotions $ -
Property & Liability Insurance $ 1,062.50
Supplies $ 132.58
Accounting/Legal Fees $ 550.00
Other

Total One-Month Operating Expenses $ 34,084.24

Fixed Assets One Time

(Obtain from Computers tab) Computers $ 4,737.08
(Obtain from Equipment tab) Equipment $ 382.73
(Obtain from Furniture & Fixtures tab) Furniture and Fixtures $ 3,383.87
Total Fixed Assets $ 8,503.68

Initial Inventory One Time

(Obtain from Initial Inventory tab) Initial Inventory $ 278.00

Three-Month Operating Expenses $ 102,252.72

Operating Expenses + One Time Expenses $ 111,034.40
Big Apple Bagels
Salaries and Related Expenses
Instructions: Enter the "Job Titles" and "Annual Salary" for each job title below.

Insert Job Titles Here Annual Salary Monthly Salary As of 2020

CEO $ 17,920.00 $ 2,240.00 $2,400 Total Salaries:

COO $ 16,640.00 $ 2,080.00 $2,240 $29,920

CMO $ 16,640.00 $ 2,080.00 $2,240 (As of 2020)
CFO $ 16,640.00 $ 2,080.00 $2,240
Human Resouces $ 15,360.00 $ 1,920.00 $2,080 120/day for ceo
Human Resources $ 15,360.00 $ 1,920.00 $2,080 112/day for Vp's
Marketing $ 15,360.00 $ 1,920.00 $2,080 104/day for employees
Marketing $ 15,360.00 $ 1,920.00 $2,080
Marketing $ 15,360.00 $ 1,920.00 $2,080
Marketing $ 15,360.00 $ 1,920.00 $2,080
Marketing $ 15,360.00 $ 1,920.00 $2,080
Marketing $ 15,360.00 $ 1,920.00 $2,080
Finance $ 15,360.00 $ 1,920.00 $2,080
Finance $ 15,360.00 $ 1,920.00 $2,080
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
Total Salaries and Wages $ 221,440.00 $ 27,680.00 $29,920

Payroll Taxes Rates

Social Security 6.20% 1,716.16
Medicare 1.45% 401.36
Payroll Taxes $ 2,117.52
or employees
 Computers
Quantity Item Description Unit Price Price
23 Computers $81.99 $ 1,885.77
23 Moniters $ 99.99 $ 2,299.77
23 Keyboards $ 13.99 $ 321.77
23 Mice $ 9.99 $ 229.77
$ - $ -
$ - $ -
$ - $ -
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Total $ 4,737.08
 Equipment
Quantity Item Description Unit Price Price
1 Scanners $263.00 $ 263.00
2 Printers $49.89 $ 99.78
1 Phone $19.95 $ 19.95
$ - $ -
$ - $ -
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$ - $ -
Total $ 382.73
 Furniture and Fixtures
Quantity Item Description Unit Price Price
24 desks $69.99 $ 1,679.76
3 large filing cabinets $186.99 $ 560.97
9 small filing cabinets $61.69 $ 555.21
7 sets of 4 chairs $83.99 $ 587.93
$ - $ -
$ - $ -
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$ - $ -
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$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
$ - $ -
Total $ 3,383.87
 Initial Inventory
Inventory Item Description Quantity Wholesale Price (COGS) Total Cost
Hand-Rolled Extra Large (sold in 12 dozens) 2 $ 139.00 $ 278.00
$ - $ -
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Total $ 278.00