| Sales Forecast | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Sales | |||||||||||||
| Booking Commissions | 0% | $2,097 | $2,517 | $3,020 | $3,624 | $4,349 | $5,219 | $6,263 | $7,516 | $9,019 | $10,822 | $12,987 | $15,584 |
| Other | 0% | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 |
| Total Sales | $2,597 | $3,017 | $3,520 | $4,124 | $4,849 | $5,719 | $6,763 | $8,016 | $9,519 | $11,322 | $13,487 | $16,084 | |
| Direct Cost of Sales | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Booking Commissions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Personnel Plan | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Payroll | 0% | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $12,733 | $12,733 |
| Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total People | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total Payroll | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $12,733 | $12,733 | |
| General Assumptions | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Long-term Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Tax Rate | 30.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pro Forma Profit and Loss | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Sales | $2,597 | $3,017 | $3,520 | $4,124 | $4,849 | $5,719 | $6,763 | $8,016 | $9,519 | $11,322 | $13,487 | $16,084 | |
| Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross Margin | $2,597 | $3,017 | $3,520 | $4,124 | $4,849 | $5,719 | $6,763 | $8,016 | $9,519 | $11,322 | $13,487 | $16,084 | |
| Gross Margin % | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
| Expenses | |||||||||||||
| Payroll | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $12,733 | $12,733 | |
| Sales and Marketing and Other Expenses | $1,149 | $1,239 | $1,347 | $1,677 | $1,832 | $2,018 | $2,242 | $2,510 | $2,833 | $3,219 | $3,883 | $4,439 | |
| Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Rent | $580 | $580 | $580 | $580 | $580 | $580 | $580 | $2,580 | $2,580 | $2,580 | $2,580 | $2,580 | |
| Payroll Taxes | 20% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $9,662 | $9,752 | $9,860 | $10,190 | $10,345 | $10,531 | $10,755 | $13,023 | $13,346 | $13,732 | $19,196 | $19,752 | |
| Profit Before Interest and Taxes | ($7,065) | ($6,735) | ($6,340) | ($6,066) | ($5,496) | ($4,812) | ($3,992) | ($5,007) | ($3,827) | ($2,410) | ($5,709) | ($3,668) | |
| EBITDA | ($7,065) | ($6,735) | ($6,340) | ($6,066) | ($5,496) | ($4,812) | ($3,992) | ($5,007) | ($3,827) | ($2,410) | ($5,709) | ($3,668) | |
| Interest Expense | $35 | $35 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Profit | ($7,100) | ($6,770) | ($6,340) | ($6,066) | ($5,496) | ($4,812) | ($3,992) | ($5,007) | ($3,827) | ($2,410) | ($5,709) | ($3,668) | |
| Net Profit/Sales | -273.39% | -224.40% | -180.11% | -147.09% | -113.34% | -84.14% | -59.03% | -62.46% | -40.20% | -21.29% | -42.33% | -22.81% | |
| Pro Forma Cash Flow | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | $2,597 | $3,017 | $3,520 | $4,124 | $4,849 | $5,719 | $6,763 | $8,016 | $9,519 | $11,322 | $13,487 | $16,084 | |
| Cash from Receivables | $562 | $562 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash from Operations | $3,159 | $3,579 | $3,520 | $4,124 | $4,849 | $5,719 | $6,763 | $8,016 | $9,519 | $11,322 | $13,487 | $16,084 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Investment Received | $0 | $0 | $70,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $3,159 | $3,579 | $73,520 | $4,124 | $4,849 | $5,719 | $6,763 | $8,016 | $9,519 | $11,322 | $13,487 | $16,084 | |
| Expenditures | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $7,933 | $12,733 | $12,733 | |
| Bill Payments | $59 | $1,767 | $1,856 | $1,938 | $2,262 | $2,418 | $2,605 | $2,898 | $5,101 | $5,426 | $5,821 | $6,482 | |
| Subtotal Spent on Operations | $7,992 | $9,700 | $9,789 | $9,871 | $10,195 | $10,351 | $10,538 | $10,831 | $13,034 | $13,359 | $18,554 | $19,215 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Long-term Liabilities Principal Repayment | $0 | $0 | $4,200 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Spent | $7,992 | $9,700 | $13,989 | $9,871 | $10,195 | $10,351 | $10,538 | $10,831 | $13,034 | $13,359 | $18,554 | $19,215 | |
| Net Cash Flow | ($4,833) | ($6,121) | $59,531 | ($5,747) | ($5,346) | ($4,632) | ($3,775) | ($2,815) | ($3,515) | ($2,037) | ($5,067) | ($3,131) | |
| Cash Balance | $10,961 | $4,840 | $64,370 | $58,623 | $53,277 | $48,645 | $44,870 | $42,055 | $38,540 | $36,503 | $31,436 | $28,306 | |
| Pro Forma Balance Sheet | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | $15,793 | $10,961 | $4,840 | $64,370 | $58,623 | $53,277 | $48,645 | $44,870 | $42,055 | $38,540 | $36,503 | $31,436 | $28,306 |
| Accounts Receivable | $1,125 | $562 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $16,918 | $11,523 | $4,840 | $64,370 | $58,623 | $53,277 | $48,645 | $44,870 | $42,055 | $38,540 | $36,503 | $31,436 | $28,306 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 |
| Accumulated Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-term Assets | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 | $1,510 |
| Total Assets | $18,428 | $13,033 | $6,350 | $65,881 | $60,134 | $54,787 | $50,155 | $46,380 | $43,565 | $40,050 | $38,013 | $32,946 | $29,816 |
| Liabilities and Capital | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Current Liabilities | |||||||||||||
| Accounts Payable | $0 | $1,705 | $1,792 | $1,863 | $2,182 | $2,332 | $2,511 | $2,728 | $4,920 | $5,233 | $5,606 | $6,248 | $6,785 |
| Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Current Liabilities | $0 | $1,705 | $1,792 | $1,863 | $2,182 | $2,332 | $2,511 | $2,728 | $4,920 | $5,233 | $5,606 | $6,248 | $6,785 |
| Long-term Liabilities | $4,200 | $4,200 | $4,200 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4,200 | $5,905 | $5,992 | $1,863 | $2,182 | $2,332 | $2,511 | $2,728 | $4,920 | $5,233 | $5,606 | $6,248 | $6,785 |
| Paid-in Capital | $15,657 | $15,657 | $15,657 | $85,657 | $85,657 | $85,657 | $85,657 | $85,657 | $85,657 | $85,657 | $85,657 | $85,657 | $85,657 |
| Retained Earnings | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) | ($1,429) |
| Earnings | $0 | ($7,100) | ($13,870) | ($20,210) | ($26,276) | ($31,772) | ($36,584) | ($40,576) | ($45,583) | ($49,410) | ($51,820) | ($57,529) | ($61,197) |
| Total Capital | $14,228 | $7,128 | $358 | $64,018 | $57,952 | $52,456 | $47,644 | $43,652 | $38,645 | $34,818 | $32,408 | $26,699 | $23,031 |
| Total Liabilities and Capital | $18,428 | $13,033 | $6,350 | $65,881 | $60,134 | $54,787 | $50,155 | $46,380 | $43,565 | $40,050 | $38,013 | $32,946 | $29,816 |
| Net Worth | $14,228 | $7,128 | $358 | $64,018 | $57,952 | $52,456 | $47,644 | $43,652 | $38,645 | $34,818 | $32,408 | $26,699 | $23,031 |
