STARTUP COST

Camero's Electric

Item Estimated Cost

Equiptment and Supplies
Computer (3@20,000) 60,000.00
Scanner 10,000.00
Cash register (2@10,000) 20,000.00
Printer 8,000.00
supplies 5,000.00
Subtotal 103,000.00

Furnitures and Fixtures

Desk (4@1500) 6,000.00
Chairs (8@1000) 8,000.00
Subtotal 14,000.00

Vehicles
Delivery Truck 100,000.00
Automobile 35,000.00
Subtotal 135,000.00

Remodelling
Drywall replacement 15,000.00
Electrical works 5,000.00
Paint 5,000.00
Carpet 1,000.00
Subtotal 26,000.00

Legal and Accounting fees 2,500.00

TOTAL PHP 280,500.00

 PERSONAL FINANCIAL STATEMENT
Mila Camero's

Assets Liabilities
Cash 50,000.00
Checking Accout 200,000.00 Car Loan 200,000.00
Certificate of Deposits 250,000.00 Credit Cards 50,000.00
Stock 75,000.00
Computer Equipments 50,000.00

Total Assets 625,000.00 250,000.00

Total Assets-Liabilities = Net worth

625,000.00 - 250,000.00 = 375,000.00 Net worth

 FORECASTED RECIEPTS FORECASTED DISBURSEMENTS
Camero's Electric Camero's Electric
January 20___ January 20___

CASH SALES Quantity Price Total Disbursement Amount

CFL Bulbs 20 600 12,000.00 Cost of Goods 100,000.00
Indoor light Fixtures 10 2500 25,000.00 Rent 15,000.00
Outdoor lights 6 3000 18,000.00 Utilities 4,000.00
Subtotal 55,000.00 Salaries 20,000.00
Advertising 15,000.00
ACCOUNTS RECIEVABLES 5,000.00 Supplies 5,000.00
BANK LOANS 150,000.00 Insurance 3,000.00
TOTAL 210,000.00 Payroll Taxes 10,000.00
Others 5,000.00
TOTAL 177,000.00

PRO FORMA CASH FLOW STATEMENT

Camero's Electric
January-June 20_

January February March April May June

Cash Receipts 210,000.00 231,000.00 254,100.00 279,510.00 307,461.00 338,207.10
Cash Disbursements
Cost of Goods 100,000.00 110,000.00 121,000.00 133,100.00 146,410.00 161,051.00
Rent 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Utilities 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00
Salaries 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Advertising 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00
Supplies 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Insurance 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Payroll Taxes 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Others 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Total Disbursements 177,000.00 187,000.00 198,000.00 210,100.00 223,410.00 238,051.00

CASH FLOW 33,000.00 44,000.00 56,100.00 69,410.00 84,051.00 100,156.10

How to interpret:
If cash flow is positive, you can put money in the bank, pay down debt or use it
to expand your business. If cash flow is negative you have to borrow money or
ask your creditors to give you more time to pay
 PRO FORMA INCOME STATEMENT
Camero's Electric
For 20___

Revenue 4,490,699.59
Cost of Goods Sold 2,138,428.38

GROSS PROFIT 2,352,271.21

OPERATING EXPENSES
Rent 180,000.00
Utilities 48,000.00
Salaries 240,000.00
Advertising 180,000.00
Supplies 60,000.00
Insurance 36,000.00
Payroll Taxes 120,000.00
Others 60,000.00

Total Operating Expenses 924,000.00

Net Income Before Tax 1,428,271.21
Taxes* 42,848.14

NET INCOME/LOSS AFTER TAXES 1,385,423.08

**assumed tax
 PRO FORMA BALANCE SHEET
Camero's Electric
December 20___

Assets Liabilities

Current Assets Current Liabilities

Cash 1,428,271.21 Accounts Payable 150,000.00
Accounts recievable 150,000.00
less: allowance for bad de 15,000.00
Inventory Long Term Liabilities 500,000.00

Total Current Assets 1,563,271.21 TOTAL LIABILITIES 650,000.00

Fixed Assets
Equipment 103,000.00
less: depreciation (10,300.00) OWNER'S EQUITY 1,203,971.21
Furniture 14,000.00
less: depreciation (1,400.00)
Vehicles 135,000.00 Accounting Equations
less: depreciation (27,000.00) Assets = Liabilities+ Owners Equity
Assets -Liabilities = Owner's Equity
Assets- Owner's Equity = Liabilities
Total Fixed Assets 290,700.00

TOTAL ASSETS 1,853,971.21