CAPITAL EQUIPMENT LIST

ITEM PER UNIT QUANTITY TOTAL

Executive Desk $7,000.00 4 $28,000.00
Executive Chair $8,500.00 4 $34,000.00
Regular tables $5,000.00 5 $25,000.00
Regular chairs $3,500.00 10 $35,000.00
Shelving $1,500.00 7 $10,500.00
Fax Machine $8,000.00 1 $8,000.00
Flat bed scanner $7,000.00 1 $7,000.00
Laptops $30,000.00 4 $120,000.00
Software $15,000.00 1 $15,000.00
Filing cabinet $31,000.00 3 $93,000.00
$0.00

TOTAL $375,500.00
.
 START UP COSTS
1 Capital Expenditure $375,500.00

2 Prepaid Expenses
Insurance $2,000.00
Grand Opening Advertising $5,000.00
Legal Fees $10,000.00
Accounting Fees $5,000.00
Employees Wages $30,000.00
Pettycash $20,000.00
Total Prepaid Expenses $72,000.00

3 Deposits
Lease $25,000.00
Utility $3,500.00
Tax (to establish corporation) $13,500.00
Research and Development $150,000.00

Total Deposits $192,000.00

4 Building and Renovation

If purchased
Sales price
Constuction/Renovation

If Leased
Leasehold Improvements $50,000.00

Total Location Cost $50,000.00

5 Working Capital (Contingency for mainly credit business)

Raw material $5,000,000.00 x 1 = 5,000,000.00
Owners' salary $25,000.00 x 4 = $300,000.00
Employees salary $12,500.00 x 3 = $150,000.00
Rent $12,000.00 x 1 = $144,000.00
Advertising $8,333.33 x 3 = $100,000.00
Utilities $8,333.33 x 1 = $100,000.00
Supplies $4,166.67 x 1 = $50,000.00
Telephone $3,333.33 x 1 = $40,000.00
Legal/Accounting Fees $5,000.00 x 1 = $60,000.00
Repair/Maintenance $8,333.33 x 1 = $100,000.00
Auto/Travel Expenses $12,500.00 x 1 = $150,000.00
Miscellaneous $4,166.67 x 1 = $50,000.00
Total Working Capital $6,244,000.00
TOTAL START-UP COSTS $6,933,500.00
 TABLE #3: SOURCES OF FUND
1 PERSONAL FUNDS:

Partner #1 $50,000.00
Partner #2 $50,000.00
Partner #3 $50,000.00
Partner #4 $50,000.00
Total

2 FAMILY AND FRIENDS

Family/Friend #1 $10,000.00
Family/Friend #2 $15,000.00
Family/Friend #3 $20,000.00
Family/Friend #4 $25,000.00
Total

3 BANK/CREDIT UNION LOANS

Bank $6,463,500.00
Total

4 OTHER SOURCES (specify)

Investor $150,000.00
Development Bank Grant $50,000.00
Total

GRAND TOTAL
 Notes

$200,000.00 Capital or Owners Equity

Options
$70,000.00 2. Loan or Liability

$6,463,500.00 Loan
7 years at 9% per annum $48,476.25

6933500
$200,000.00 2. Loan or Liability

$6,933,500.00
rowth rate 1.05

jan feb mar apr may

Cost per unit 2,500 2,625 2,756 2,894 3,039
Units per month 500 525 551 579 608
cost of goods 1,250,000 1,378,125 1,519,383 1,675,120 1,846,819

sale price per unit 4,500 4,725 4,961 5,209 5,470

Units per month 450 473 496 521 547
revenue from product 2,025,000 2,232,563 2,461,400 2,713,694 2,991,847
jun jul aug sep oct nov
3,191 3,350 3,518 3,694 3,878 4,072
638 670 704 739 776 814
2,036,118 2,244,820 2,474,914 2,728,593 3,008,274 3,316,622

5,743 6,030 6,332 6,649 6,981 7,330

574 603 633 665 698 733
3,298,512 3,636,609 4,009,361 4,420,321 4,873,404 5,372,928
dec
4,276
855
3,656,576

7,697
770
5,923,653
PROJECTED INCOME STATEMENT
JAN FEB MAR
SALES 2,025,000.00 2,126,250.00 2,232,562.50
Cost of Sales 1,250,000.00 1,312,500.00 1,378,125.00
Gross Profit 775,000.00 813,750.00 854,437.50

OPERATING EXPENSSES

Owners' salary $25,000.00 $25,000.00 $25,000.00

Employees salary $12,500.00 $12,500.00 $12,500.00
Rent $12,000.00 $12,000.00 $12,000.00
Advertising $8,333.33 $8,333.33 $8,333.33
Utilities $8,333.33 $8,333.33 $8,333.33
Supplies $4,166.67 $4,166.67 $4,166.67
Telephone $3,333.33 $3,333.33 $3,333.33
Legal/Accounting Fees $5,000.00 $5,000.00 $5,000.00
Loan Payment $48,476.25 $48,476.25 $48,476.25
Repair/Maintenance $8,333.33 $8,333.33 $8,333.33
Auto/Travel Expenses $12,500.00 $12,500.00 $12,500.00
Miscellaneous $4,166.67 $4,166.67 $4,166.67
Depreciation $6,258.33 $6,258.33 $6,258.33
Prepaid Insurance $166.67 $166.67 $166.67
Grand Opening Advert $416.67 $416.67 $416.67
Legal Fees $10,000.00 $0.00 $0.00
Accounting Fees $5,000.00 $0.00 $0.00
Research and Development $150,000.00 $0.00 $0.00
Lease $4,166.67 $4,166.67 $4,166.67
Tax $13,500.00 $0.00 $0.00

TOTAL EXPENSES $341,651.25 $163,151.25 $163,151.25

INCOME/(LOSS) $433,348.75 $650,598.75 $691,286.25

 APR MAY JUN JUL AUG SEP OCT
2,344,190.63 2,461,400.16 2,584,470.16 2,713,693.67 2,849,378.36 2,991,847.27 3,141,439.64
1,447,031.25 1,519,382.81 1,595,351.95 1,675,119.55 1,758,875.53 1,846,819.30 1,939,160.27
897,159.38 942,017.34 989,118.21 1,038,574.12 1,090,502.83 1,145,027.97 1,202,279.37

$25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00

$12,500.00 $12,500.00 $12,500.00 $12,500.00 $12,500.00 $12,500.00 $12,500.00
$12,000.00 $12,000.00 $12,000.00 $12,000.00 $12,000.00 $12,000.00 $12,000.00
$8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33
$8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33
$4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67
$3,333.33 $3,333.33 $3,333.33 $3,333.33 $3,333.33 $3,333.33 $3,333.33
$5,000.00 $5,000.00 $5,000.00 $5,000.00 $5,000.00 $5,000.00 $5,000.00
$48,476.25 $48,476.25 $48,476.25 $48,476.25 $48,476.25 $48,476.25 $48,476.25
$8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33 $8,333.33
$12,500.00 $12,500.00 $12,500.00 $12,500.00 $12,500.00 $12,500.00 $12,500.00
$4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67
$6,258.33 $6,258.33 $6,258.33 $6,258.33 $6,258.33 $6,258.33 $6,258.33
$166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67
$416.67 $416.67 $416.67 $416.67 $416.67 $416.67 $416.67
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67 $4,166.67
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$163,151.25 $163,151.25 $163,151.25 $163,151.25 $163,151.25 $163,151.25 $163,151.25

$734,008.13 $778,866.09 $825,966.96 $875,422.87 $927,351.58 $981,876.72 $1,039,128.12

 NOV DEC TOTAL
3,298,511.62 3,463,437.20 $32,232,181.20
2,036,118.28 2,137,924.20 $19,896,408.15
1,262,393.34 1,325,513.00 $12,335,773.05

$25,000.00 $25,000.00 $300,000.00

$12,500.00 $12,500.00 $150,000.00
$12,000.00 $12,000.00 $144,000.00
$8,333.33 $8,333.33 $100,000.00
$8,333.33 $8,333.33 $100,000.00
$4,166.67 $4,166.67 $50,000.00
$3,333.33 $3,333.33 $40,000.00
$5,000.00 $5,000.00 $60,000.00
$48,476.25 $48,476.25 $581,715.00
$8,333.33 $8,333.33 $100,000.00
$12,500.00 $12,500.00 $150,000.00
$4,166.67 $4,166.67 $50,000.00
$6,258.33 $6,258.33 $75,100.00
$166.67 $166.67 $2,000.00
$416.67 $416.67 $5,000.00
$0.00 $0.00 $10,000.00
$0.00 $0.00 $5,000.00
$0.00 $0.00 $150,000.00
$4,166.67 $4,166.67 $50,000.00
$0.00 $0.00 $13,500.00
$0.00
$163,151.25 $163,151.25 $2,136,315.00

$1,099,242.09 $1,162,361.75 $10,199,458.05