Mairon Brandwajn

Total
One-Time Organizational
Costs:
Legal Fees $ 4,000.00 $ 4,000.00

Deposits and Prepaid

Expenses:
Rent Deposit $ 6,000.00
Utility $ 300.00
Telephone $ 200.00
Pre-Opening Advertising $ 5,500.00 $12,000.00

Plant and Equipment:

Improvements $ 3,000.00
Furniture and Fixtures $ 4,500.00
Cash Registers and Computer $ 3,500.00 $11,000.00

Opening-Day Inventory: $20,000.00 $20,000.00

Total Identifiable Costs: $47,000.00

Working Capital: $ 5,000.00

Contingency Fund: $ 5,200.00

Total Startup Costs: $57,200.00

 Qtr #1 Qtr #2 Qtr #3 Qtr #4 Total

Sales Forecast $40,000.00 $70,000.00 $100,000.00 $120,000.00 $330,000.00

Cash Receipts:
Qtr #1 Sales $32,000.00 $ 8,000.00 $ 40,000.00
Qtr #2 Sales $56,000.00 $ 14,000.00 $ 70,000.00
Qtr #3 Sales $ 80,000.00 $ 20,000.00 $100,000.00
Qtr #4 Sales $ 96,000.00 $ 96,000.00
Total Receipts $32,000.00 $64,000.00 $ 94,000.00 $116,000.00 $306,000.00
 Qtr #1 Qtr #2 Qtr #3 Qtr #4

Sales Forecast $40,000.00 $70,000.00 $100,000.00 $120,000.00

COGS Percent 60% 60% 60% 60%

Disbursements for Inventory Purchases:

Initial Opening Inventory $20,000.00
Qtr #1 Purchases $12,000.00 $12,000.00
Qtr #2 Purchases $21,000.00 $ 21,000.00
Qtr #3 Purchases $ 30,000.00 $ 30,000.00
Qtr #4 Purchases $ 36,000.00
Total Inventory Disbursements $12,000.00 $33,000.00 $ 51,000.00 $ 66,000.00
Total

$330,000.00

$ 20,000.00
$ 24,000.00
$ 42,000.00
$ 60,000.00
$ 36,000.00
$182,000.00
 Qtr #1 Qtr #2 Qtr #3 Qtr #4
Cash Budget
Beginning Cash Balance $ 45,000.00 $ 45,000.00 $ 51,200.00 $ 68,400.00
Cash Receipts $ 32,000.00 $ 64,000.00 $ 94,000.00 $116,000.00
Cash Available $ 77,000.00 $109,000.00 $ 145,200.00 $184,400.00

Disbursements:
Legal Deposit $ 4,000.00
Inventory Purchases $ 32,000.00 $ 33,000.00 $ 51,000.00 $ 66,000.00
Rent $ 12,000.00 $ 6,000.00 $ 6,000.00 $ 6,000.00
Utilities and Telephone $ 1,700.00 $ 1,200.00 $ 1,200.00 $ 1,200.00
Insurance $ 600.00 $ 600.00 $ 600.00 $ 600.00
Payroll $ 10,000.00 $ 10,000.00 $ 12,000.00 $ 12,000.00
Advertising $ 8,500.00 $ 3,000.00 $ 4,000.00 $ 5,000.00
Equipment Purchases $ 11,000.00 $ 2,000.00
Dividend Payments $ 5,000.00
Quarterly Income Tax Payments $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00
Total Disbursements $ 81,800.00 $ 57,800.00 $ 76,800.00 $ 97,800.00

Required Ending Cash $ 45,000.00 $ 45,000.00 $ 45,000.00 $ 45,000.00

Cash Needed $ 126,800.00 $102,800.00 $ 121,800.00 $142,800.00
Excess/(Deficiency) of Cash Over Ne $ (49,800.00) $ 6,200.00 $ 23,400.00 $ 41,600.00

Financing:
Additional Cash Investment $ 49,800.00
Borrowing
Repayment
Interest Payment
Total Financing $ 49,800.00

Ending Cash $ 45,000.00 $ 51,200.00 $ 68,400.00 $ 86,600.00

Total

$209,600.00
$306,000.00
$515,600.00

$ 4,000.00
$182,000.00
$ 30,000.00
$ 5,300.00
$ 2,400.00
$ 44,000.00
$ 20,500.00
$ 13,000.00
$ 5,000.00
$ 8,000.00
$314,200.00

$180,000.00
$494,200.00
$ 21,400.00

$ 49,800.00

$ 49,800.00

$201,400.00