Escolar Documentos
Profissional Documentos
Cultura Documentos
Confidentiality Agreement
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___________________
Name (typed or printed)
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___________________
Date
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Table of Contents
Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
1.1
Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1.2
Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
2.0
Company Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
2.1
Company Ownership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
2.2
Start-up Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
3.0
Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4.0
5.0
6.0
Management Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
6.1
Personnel Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
7.0
Financial Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.1
Break-even Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.2
Projected Profit and Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.3
Projected Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.4
Projected Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.5
Business Ratios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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1.0
9
9
10
11
13
13
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Services
Studio67 offers Portlanders a trendy, fun place to have great food in a social environment.
Chef Mario Langostino has a large repertoire of ethnic ingredients and recipes. Studio67
forecasts that the majority of purchases will be from the chef's recommendations. Ethnic
recipes will be used to provide the customers with a diverse, unusual menu. Chef Mario will
also be emphasizing healthy dishes, recognizing the trend within the restaurant industry for
the demand for healthy cuisine.
Pr
Customers
Studio67 believes that the market can be segmented into four distinct groups that it aims to
target. The first group is the lonely rich which number 400,000 people. The second group
that will be targeted is young happy customers which are growing at an annual rate of 8%
with 150,000 potential customers. The third group is rich hippies who naturally desire organic
foods as well as ethnic cuisine. The last group which is particularly interested in the menu's
healthy offerings is dieting women which number 350,000 in the Portland area.
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Management
Studio67 has assembled a strong management team. Andrew Flounderson will be the general
manager. Andrew has extensive management experience of organizations ranging from six to
45 people. Jane Flap will be responsible for all of the finance and accounting functions. Jane
has seven years experience as an Arthur Andersen CPA. Jane's financial control skills will be
invaluable in keeping Studio67 on track and profitable. Lastly, Studio67 has chef Marion
Langostino who will be responsible for the back-end production of the venture. Chef Mario
has over 12 years of experience and is a published, visible fixture in the Portland community.
Most important to Studio67 is the financial success which will be achieved through strict
financial controls. Additionally, success will be ensured by offering a high-quality service and
extremely clean, non-greasy food with interesting twists. Studio67 does plan to raise menu
rates as the restaurant gets more and more crowded, and to make sure that they are
charging a premium for the feeling of being in the "in crowd."
Bu
si n
The market and financial analyses indicate that with a start-up expenditure of $141,000,
Studio67 can generate $350,000 in sales by year one, $500,000 in sales by the end of year
two and produce net profits of 7.5% on sales by the end of year three. Profitability will be
reached by year two.
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 1
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Highlights
$800,000
$700,000
$600,000
$500,000
$400,000
Sa
$300,000
$200,000
$100,000
($100,000)
2002
2003
1.1 Objectives
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Sales of $350K the first year, more than half a million the second.
Personnel costs less than $300K the first year, less than $400K the second year.
Profitable in year two, better than 7.5% profits on sales by year three.
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1.
2.
3.
Net Profit
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2001
Gross Margin
$0
Sales
1.2 Mission
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The restaurant will start out as a simple sole proprietorship, owned by its founders.
Sa
The founders of the company are Andrew Flounderson and his companion Jane Flap. Jane
focuses on the financial issues and Andrew on the personnel issues. Jane earned her business
major undergraduate degree from the University of Berkeley.
We have found the location and secured the lease for $2,000 per month. We will be able to
set up shop in time to begin turning back a profit by the end of month eleven and be
profitable in the second year. The place is already equipped as a restaurant so we plan to
come up with a total of $40,000 in capital, plus a $100,000 SBA-guaranteed loan, to start up
the company.
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Table: Start-up
Start-up
Requirements
Start-up Expenses
Legal
Stationery etc.
Other
Total Start-up Expenses
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$1,000
$1,000
$1,000
$3,000
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sP
$88,000
$50,000
$138,000
$0
$138,000
$141,000
Funding
$25,000
$15,000
$40,000
Current Liabilities
Accounts Payable
Current Liabilities
$1,000
$1,000
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Investment
Investor 1
Investor 2
Total Investment
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Long-term Liabilities
Total Liabilities
Loss at Start-up
Total Capital
Total Capital and Liabilities
$100,000
$101,000
($3,000)
$37,000
$138,000
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 3
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Start-up
$140,000
$120,000
$100,000
Sa
$80,000
$60,000
$40,000
$20,000
$0
Assets
Investment
Loans
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Expenses
3.0 Services
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The Menu
The menu is going to be extremely simple but changing every day. We will keep a small
group of constants on the menu and then feature a chef's recommendation that we plan to
have 85% of meals ordering. This will help us to reduce waste and plan ingredients and
purchasing.
Organic Ingredients
The organic ingredient element will allow us to price to the extremely wealthy Internet
entrepreneurs who are looking to spend an exorbitant amount of money to have peace of
mind that their money is still coming back to themselves. We will be extremely ecologically
conscious as well, and spread this across our literature. Eating at Studio67 will feel like
having contributed to the Sierra Club and drinking fresh squeezed orange juice.
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Interior Accoutrements
People need to keep life interesting, and our artwork will reflect the world influences that are
core to the attitude of the Studio67 chef.
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
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Because of the founders' connections within the very trendy area of Portland, we have an
excellent feel for the area and its core group of customers. They will all share something
alike, which is a feeling of being in the "in crowd" and having "gotten it" in life. Although the
crew will be different and not connect with each other in each segment, each segment is
complementary to the others. We do plan to raise menu rates as the restaurant gets more
and more crowded, and to make sure we are charging a premium for the feeling of being in
the "in crowd."
Sa
Pr
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Market Analysis
Potential Customers
Lonely Rich
Young Happy Couples
Rich Hippies
Dieting Women
Other
Total
Growth
10%
8%
6%
7%
5%
7.87%
2001
400,000
150,000
250,000
350,000
50,000
1,200,000
2002
440,000
162,000
265,000
374,500
52,500
1,294,000
2003
484,000
174,960
280,900
400,715
55,125
1,395,700
2004
532,400
188,957
297,754
428,765
57,881
1,505,757
2005
585,640
204,074
315,619
458,779
60,775
1,624,887
CAGR
10.00%
8.00%
6.00%
7.00%
5.00%
7.87%
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 5
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Lonely Rich
Young Happy Couples
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Rich Hippies
Dieting Women
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Other
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Bu
si n
Our competitive edge is the menu, the chef, the environment, and the tie-in to what's trendy.
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 6
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As the table shows, we intend to deliver sales of about $350K in the first year, and to double
that by the third year of the plan.
Sales Monthly
$70,000
Sa
$60,000
$50,000
$40,000
Meals
Drinks
$30,000
Other
Pr
$20,000
$10,000
$0
Jul
la
2002
35,000
17,500
500
53,000
2003
45,000
22,500
1,000
68,500
Unit Prices
Meals
Drinks
Other
2001
$15.00
$2.00
$10.00
2002
$15.00
$2.00
$10.00
2003
$15.00
$2.00
$10.00
Sales
Meals
Drinks
Other
Total Sales
$342,330
$22,830
$2,400
$367,560
$525,000
$35,000
$5,000
$565,000
$675,000
$45,000
$10,000
$730,000
2001
$2.00
$0.50
$1.00
2002
$2.00
$0.50
$1.00
2003
$2.00
$0.50
$1.00
2001
$45,644
$5,708
$240
$51,592
2002
$70,000
$8,750
$500
$79,250
2003
$90,000
$11,250
$1,000
$102,250
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es
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2001
22,822
11,415
240
34,477
Bu
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
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Andrew has great experience managing personnel and we are quite confident of his ability to
find the best staff possible. Our chef, Mario Langostino, is already on board and has a
published cookbook that will add prestige to the restaurant immediately. We will be looking to
find a young, ultra-hip staff to make sure we add the edge that makes Studio67 so trendy.
Sa
As the personnel plan shows, we expect to invest in a good team, fairly compensated. We
think the planned staff is in good proportion to the size of the restaurant and projected
revenues.
Table: Personnel
Personnel Plan
2001
$60,000
$42,000
$54,000
$30,000
$72,000
$24,000
8
$282,000
2002
$65,000
$45,000
$60,000
$35,000
$100,000
$52,000
10
$357,000
2003
$70,000
$50,000
$65,000
$40,000
$130,000
$55,000
12
$410,000
Bu
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Pr
Manager
Hostess
Chef
Cleaning
Waiters
Other
Total People
Total Payroll
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 8
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We expect to raise $30,000 of our own capital, and to borrow $100,000 guaranteed by the
SBA as a 10-year loan. This provides the bulk of the start-up financing required.
Sa
Our break-even analysis is based on the average of the first-year numbers for total sales by
meal served, total cost of sales, and all operating expenses. These are presented as per-unit
revenue, per-unit cost, and fixed costs. We realize that this is not really the same as fixed
cost, but these conservative assumptions make for a better estimate of real risk.
Break-even Analysis
$20,000
Pr
$10,000
$0
($10,000)
($30,000)
0
la
($20,000)
4000
8000
12000
16000
20000
es
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Break-even Analysis:
Monthly Units Break-even
Monthly Revenue Break-even
$10.44
$8.34
$29,459
Bu
Assumptions:
Average Per-Unit Revenue
Average Per-Unit Variable Cost
Estimated Monthly Fixed Cost
14,028
$146,453
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 9
2003
$730,000
$102,250
$0
$0
-----------$102,250
$627,750
85.99%
Pr
$282,000
$357,000
$410,000
$27,000
$35,830
$72,122
$1,000
$1,050
$1,103
$1,200
$1,260
$1,323
$42,300
$53,550
$61,500
$0
$0
$0
---------------------------------$353,500
$448,690
$546,047
($37,532)
$37,060
$81,703
$10,000
$9,500
$8,250
$0
$6,890
$18,363
($47,532)
$20,670
$55,090
-12.93%
3.66%
7.55%
FALSE
TRUE
TRUE
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2002
$565,000
$79,250
$0
$0
-----------$79,250
$485,750
85.97%
Sa
Sales
Direct Cost of Sales
Production Payroll
Other
pl
As the profit and loss table shows, we expect to become barely profitable in the second year
of business, and to make an acceptable profit in the third year.
Profit Monthly
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$25,000
$20,000
$15,000
$10,000
$5,000
$0
Bu
si n
($5,000)
($10,000)
($15,000)
($20,000)
Jan Feb Mar Apr May Jun
Jul
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution. Pg 10
2001
pl
The cash flow projection shows that starting cost and provisions for ongoing expenses are
adequate to meet our needs until the business itself generates its own cash flow sufficient to
support operations.
2002
2003
$367,560
$0
$367,560
$565,000
$0
$565,000
$730,000
$0
$730,000
$0
$0
$0
$0
$0
$0
$367,560
$0
$0
$0
$0
$0
$0
$565,000
$0
$0
$0
$0
$0
$0
$730,000
2001
2002
2003
$8,979
$395,818
$404,797
$13,273
$525,084
$538,357
$20,231
$645,600
$665,831
$0
$0
$0
$0
$0
$404,797
$0
$0
$0
$10,000
$0
$548,357
$0
$0
$0
$15,000
$0
$680,831
($37,237)
$50,763
$16,643
$67,405
$49,169
$116,574
Sa
Cash Received
Cash from Operations:
Cash Sales
Cash from Receivables
Subtotal Cash from Operations
Pr
n
Bu
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Expenditures
Expenditures from Operations:
Cash Spending
Payment of Accounts Payable
Subtotal Spent on Operations
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Cash
$80,000
$70,000
$60,000
$50,000
$40,000
Sa
$30,000
$20,000
$10,000
$0
($20,000)
Jul
Bu
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Pr
Cash Balance
($10,000)
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2001
$50,763
$50,000
$100,763
2002
$67,405
$50,000
$117,405
2003
$116,574
$50,000
$166,574
$0
$1,000
($1,000)
$99,763
$0
$2,050
($2,050)
$115,355
$0
$3,153
($3,153)
$163,422
2001
$10,294
$0
$0
$10,294
2002
$15,217
$0
$0
$15,217
2003
$23,194
$0
$0
$23,194
Sa
Assets
Current Assets
Cash
Other Current Assets
Total Current Assets
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
Pr
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
$100,000
$110,294
$90,000
$105,217
$75,000
$98,194
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
Net Worth
$40,000
($3,000)
($47,532)
($10,532)
$99,763
($10,532)
$40,000
($50,532)
$20,670
$10,139
$115,355
$10,139
$40,000
($29,862)
$55,090
$65,228
$163,422
$65,228
la
es
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Long-term Liabilities
Total Liabilities
Bu
si n
Business ratios for the years of this plan are shown below. Industry Profile ratios based on
the Standard Industrial Classification (SIC) code 5813, Eating Places, are shown for
comparison.
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0.00%
0.00%
50.12%
101.00%
-1.00%
100.00%
0.00%
0.00%
43.34%
101.78%
-1.78%
100.00%
Current Liabilities
Long-term Liabilities
Total Liabilities
Net Worth
0.00%
100.24%
100.24%
-0.24%
Percent of Sales
Sales
Gross Margin
Selling, General & Administrative Expenses
Advertising Expenses
Profit Before Interest and Taxes
100.00%
85.96%
98.90%
0.65%
-10.21%
Activity Ratios
Accounts Receivable Turnover
Collection Days
Inventory Turnover
Accounts Payable Turnover
Payment Days
Total Asset Turnover
Debt Ratios
Debt to Net Worth
Current Liab. to Liab.
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Liquidity Ratios
Net Working Capital
Interest Coverage
Bu
Additional Ratios
Assets to Sales
Current Debt/Total Assets
Acid Test
Sales/Net Worth
Dividend Payout
0.00%
78.02%
78.02%
21.98%
0.00%
45.89%
45.89%
54.11%
32.70%
28.50%
61.20%
38.80%
100.00%
85.97%
82.32%
1.77%
6.56%
100.00%
85.99%
78.45%
6.16%
11.19%
100.00%
60.50%
39.80%
3.20%
0.70%
9.79
9.79
110.56%
451.33%
-47.64%
7.72
7.72
91.21%
271.84%
23.89%
7.18
7.18
60.09%
112.61%
44.95%
0.98
0.65
61.20%
1.70%
4.30%
2001
$45,945
2002
$56,500
2003
$60,833
Industry
$0
0.00%
2001
-12.93%
0.00%
2002
3.66%
203.88%
2003
7.55%
84.46%
0.00
0
0.00
39.35
5
3.68
0.00
0
0.00
34.83
105
4.90
0.00
0
0.00
28.18
129
4.47
n.a
n.a
n.a
n.a
0.00
0.09
10.38
0.14
1.51
0.24
n.a
n.a
$90,469
-3.75
$102,189
3.90
$143,381
9.90
n.a
n.a
0.27
10%
9.79
0.00
0.00
0.20
13%
7.72
55.73
0.00
0.22
14%
7.18
11.19
0.00
n.a
n.a
n.a
n.a
n.a
Sa
4.50%
3.60%
35.60%
43.70%
56.30%
100.00%
es
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Additional Ratios
Net Profit Margin
Return on Equity
la
Industry Profile
7.60%
0.00%
0.00%
30.60%
101.93%
-1.93%
100.00%
Pr
Main Ratios
Current
Quick
Total Debt to Total Assets
Pre-tax Return on Net Worth
Pre-tax Return on Assets
2003
29.20%
pl
2001
0.00%
Sales Growth
Ratio Analysis
n.a
n.a
n.a
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution. Pg 14
e
pl
Mar
1,505
753
20
2,278
Apr
1,553
777
20
2,350
May
1,652
826
20
2,498
Unit Prices
Meals
Drinks
Other
Jan
$15.00
$2.00
$10.00
Feb
$15.00
$2.00
$10.00
Mar
$15.00
$2.00
$10.00
Apr
$15.00
$2.00
$10.00
May
$15.00
$2.00
$10.00
Sales
Meals
Drinks
Other
Total Sales
$11,685
$780
$200
$12,665
$15,795
$1,054
$200
$17,049
$22,575
$1,506
$200
$24,281
$23,295
$1,554
$200
$25,049
Jan
$2.00
$0.50
$1.00
Feb
$2.00
$0.50
$1.00
Mar
$2.00
$0.50
$1.00
Jan
$1,558
$195
$20
$1,773
Feb
$2,106
$264
$20
$2,390
Mar
$3,010
$377
$20
$3,407
Aug
1,520
760
20
2,300
Sep
2,066
1,033
20
3,119
Oct
2,602
1,301
20
3,923
Nov
3,451
1,726
20
5,197
Dec
3,835
1,918
20
5,773
Jun
$15.00
$2.00
$10.00
Jul
$15.00
$2.00
$10.00
Aug
$15.00
$2.00
$10.00
Sep
$15.00
$2.00
$10.00
Oct
$15.00
$2.00
$10.00
Nov
$15.00
$2.00
$10.00
Dec
$15.00
$2.00
$10.00
$24,780
$1,652
$200
$26,632
$24,495
$1,634
$200
$26,329
$17,595
$1,174
$200
$18,969
$22,800
$1,520
$200
$24,520
$30,990
$2,066
$200
$33,256
$39,030
$2,602
$200
$41,832
$51,765
$3,452
$200
$55,417
$57,525
$3,836
$200
$61,561
Apr
$2.00
$0.50
$1.00
May
$2.00
$0.50
$1.00
Jun
$2.00
$0.50
$1.00
Jul
$2.00
$0.50
$1.00
Aug
$2.00
$0.50
$1.00
Sep
$2.00
$0.50
$1.00
Oct
$2.00
$0.50
$1.00
Nov
$2.00
$0.50
$1.00
Dec
$2.00
$0.50
$1.00
Apr
$3,106
$389
$20
$3,515
May
$3,304
$413
$20
$3,737
Jun
$3,266
$409
$20
$3,695
Jul
$2,346
$294
$20
$2,660
Aug
$3,040
$380
$20
$3,440
Sep
$4,132
$517
$20
$4,669
Oct
$5,204
$651
$20
$5,875
Nov
$6,902
$863
$20
$7,785
Dec
$7,670
$959
$20
$8,649
us
Pr
in
es
sP
la
Jul
1,173
587
20
1,780
Jun
1,633
817
20
2,470
Jan
779
390
20
1,189
Sa
Sales Forecast
Unit Sales
Meals
Drinks
Other
Total Unit Sales
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 1
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pl
Apr
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
May
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Jun
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Jul
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Aug
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Sep
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Oct
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Nov
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Dec
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
us
in
es
sP
la
Pr
Feb
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Sa
Jan
$5,000
$3,500
$4,500
$2,500
$6,000
$2,000
8
$23,500
Manager
Hostess
Chef
Cleaning
Waiters
Other
Total People
Total Payroll
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 2
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Mar
3
10.00%
10.00%
25.00%
0.00%
Apr
4
10.00%
10.00%
25.00%
0.00%
May
5
10.00%
10.00%
25.00%
0.00%
Jun
6
10.00%
10.00%
25.00%
0.00%
Jul
7
10.00%
10.00%
25.00%
0.00%
Aug
8
10.00%
10.00%
25.00%
0.00%
Sep
9
10.00%
10.00%
25.00%
0.00%
Oct
10
10.00%
10.00%
25.00%
0.00%
Nov
11
10.00%
10.00%
25.00%
0.00%
Dec
12
10.00%
10.00%
25.00%
0.00%
$23,500
$31,486
$23,500
$32,041
$23,500
$32,956
$23,500
$33,053
$23,500
$33,253
$23,500
$33,215
$23,500
$32,284
$23,500
$32,986
$23,500
$34,092
$23,500
$35,177
$23,500
$36,897
$23,500
$37,674
Sa
Jan
1
10.00%
10.00%
25.00%
0.00%
us
in
es
sP
la
Pr
Plan Month
Current Interest Rate
Long-term Interest Rate
Tax Rate
Other
Calculated Totals
Payroll Expense
New Accounts Payable
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 3
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5%
5%
15%
Apr
$25,049
$3,515
$0
$0
-----------$3,515
$21,535
85.97%
May
$26,632
$3,737
$0
$0
-----------$3,737
$22,895
85.97%
Jun
$26,329
$3,695
$0
$0
-----------$3,695
$22,635
85.97%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($18,483)
$833
$0
($19,316)
-152.52%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($14,716)
$833
$0
($15,549)
-91.20%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($8,501)
$833
$0
($9,334)
-38.44%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($7,841)
$833
$0
($8,674)
-34.63%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($6,480)
$833
$0
($7,313)
-27.46%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($6,741)
$833
$0
($7,574)
-28.77%
Jul
$18,969
$2,660
$0
$0
-----------$2,660
$16,310
85.98%
Aug
$24,520
$3,440
$0
$0
-----------$3,440
$21,080
85.97%
Sep
$33,256
$4,669
$0
$0
-----------$4,669
$28,588
85.96%
Oct
$41,832
$5,875
$0
$0
-----------$5,875
$35,958
85.96%
Nov
$55,417
$7,785
$0
$0
-----------$7,785
$47,632
85.95%
Dec
$61,561
$8,649
$0
$0
-----------$8,649
$52,912
85.95%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($13,066)
$833
$0
($13,899)
-73.27%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($8,295)
$833
$0
($9,128)
-37.23%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
($788)
$833
$0
($1,621)
-4.87%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
$6,583
$833
$0
$5,749
13.74%
$23,500
$2,250
$0
$100
$3,525
$0
-----------$29,375
$18,257
$833
$0
$17,424
31.44%
$23,500
$2,250
$1,000
$100
$3,525
$0
-----------$30,375
$22,537
$833
$0
$21,704
35.26%
Sa
Mar
$24,281
$3,407
$0
$0
-----------$3,407
$20,875
85.97%
us
in
es
sP
la
Feb
$17,049
$2,390
$0
$0
-----------$2,390
$14,660
85.98%
Jan
$12,665
$1,773
$0
$0
-----------$1,773
$10,892
86.00%
Pr
Sales
Direct Cost of Sales
Production Payroll
Other
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 4
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Mar
Apr
May
Jun
Cash Received
Cash from Operations:
Cash Sales
Cash from Receivables
Subtotal Cash from Operations
$12,665
$0
$12,665
$17,049
$0
$17,049
$24,281
$0
$24,281
$25,049
$0
$25,049
$26,632
$0
$26,632
$0
$0
$0
$0
$0
$0
$12,665
$0
$0
$0
$0
$0
$0
$17,049
$0
$0
$0
$0
$0
$0
$24,281
$0
$0
$0
$0
$0
$0
$25,049
Apr
Feb
Mar
$496
$28,174
$28,669
$557
$31,504
$32,061
$659
$32,071
$32,730
$0
$0
$0
$0
$0
$28,669
$0
$0
$0
$0
$0
$32,061
$0
$0
$0
$0
$0
$32,730
($16,004)
$71,996
($15,012)
$56,983
Oct
Nov
Dec
$26,329
$0
$26,329
$18,969
$0
$18,969
$24,520
$0
$24,520
$33,256
$0
$33,256
$41,832
$0
$41,832
$55,417
$0
$55,417
$61,561
$0
$61,561
$0
$0
$0
$0
$0
$0
$26,632
$0
$0
$0
$0
$0
$0
$26,329
$0
$0
$0
$0
$0
$0
$18,969
$0
$0
$0
$0
$0
$0
$24,520
$0
$0
$0
$0
$0
$0
$33,256
$0
$0
$0
$0
$0
$0
$41,832
$0
$0
$0
$0
$0
$0
$55,417
$0
$0
$0
$0
$0
$0
$61,561
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
$670
$32,959
$33,629
$692
$33,060
$33,752
$688
$33,252
$33,940
$584
$33,184
$33,768
$662
$32,307
$32,969
$785
$33,023
$33,808
$906
$34,128
$35,034
$1,097
$35,234
$36,331
$1,183
$36,922
$38,106
$0
$0
$0
$0
$0
$33,629
$0
$0
$0
$0
$0
$33,752
$0
$0
$0
$0
$0
$33,940
$0
$0
$0
$0
$0
$33,768
$0
$0
$0
$0
$0
$32,969
$0
$0
$0
$0
$0
$33,808
$0
$0
$0
$0
$0
$35,034
$0
$0
$0
$0
$0
$36,331
$0
$0
$0
$0
$0
$38,106
($7,120)
$32,835
($7,611)
$25,224
($14,799)
$10,424
($8,449)
$1,975
($552)
$1,423
$6,798
$8,221
$19,086
$27,307
$23,455
$50,763
la
($8,449)
$48,534
Sep
($8,580)
$39,954
us
in
es
sP
Aug
Jan
Expenditures
Expenditures from Operations:
Cash Spending
Payment of Accounts Payable
Subtotal Spent on Operations
Jul
Sa
Jan
Pr
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 5
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Jan
$71,996
$50,000
$121,996
Feb
$56,983
$50,000
$106,983
Mar
$48,534
$50,000
$98,534
Apr
$39,954
$50,000
$89,954
May
$32,835
$50,000
$82,835
$0
$0
$0
$138,000
$0
$0
$0
$121,996
$0
$0
$0
$106,983
$0
$0
$0
$98,534
$0
$0
$0
$89,954
$0
$0
$0
$82,835
$1,000
$0
$0
$1,000
Jan
$4,312
$0
$0
$4,312
Feb
$4,848
$0
$0
$4,848
Mar
$5,733
$0
$0
$5,733
Apr
$5,827
$0
$0
$5,827
Long-term Liabilities
Total Liabilities
$100,000
$101,000
$100,000
$104,312
$100,000
$104,848
$100,000
$105,733
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
Net Worth
$40,000
($3,000)
$0
$37,000
$138,000
$37,000
$40,000
($3,000)
($19,316)
$17,684
$121,996
$17,684
$40,000
($3,000)
($34,865)
$2,135
$106,983
$2,135
$40,000
($3,000)
($44,199)
($7,199)
$98,534
($7,199)
Jun
$25,224
$50,000
$75,224
Jul
$10,424
$50,000
$60,424
Aug
$1,975
$50,000
$51,975
Sep
$1,423
$50,000
$51,423
Oct
$8,221
$50,000
$58,221
Nov
$27,307
$50,000
$77,307
Dec
$50,763
$50,000
$100,763
$0
$0
$0
$75,224
$0
$0
$0
$60,424
$0
$0
$0
$51,975
$0
$0
$0
$51,423
$0
$0
$0
$58,221
$0
$0
$0
$77,307
$0
$1,000
($1,000)
$99,763
May
$6,021
$0
$0
$6,021
Jun
$5,984
$0
$0
$5,984
Jul
$5,083
$0
$0
$5,083
Aug
$5,762
$0
$0
$5,762
Sep
$6,831
$0
$0
$6,831
Oct
$7,880
$0
$0
$7,880
Nov
$9,542
$0
$0
$9,542
Dec
$10,294
$0
$0
$10,294
$100,000
$105,827
$100,000
$106,021
$100,000
$105,984
$100,000
$105,083
$100,000
$105,762
$100,000
$106,831
$100,000
$107,880
$100,000
$109,542
$100,000
$110,294
$40,000
($3,000)
($52,873)
($15,873)
$89,954
($15,873)
$40,000
($3,000)
($60,186)
($23,186)
$82,835
($23,186)
$40,000
($3,000)
($67,760)
($30,760)
$75,224
($30,760)
$40,000
($3,000)
($81,659)
($44,659)
$60,424
($44,659)
$40,000
($3,000)
($90,787)
($53,787)
$51,975
($53,787)
$40,000
($3,000)
($92,408)
($55,408)
$51,423
($55,408)
$40,000
($3,000)
($86,659)
($49,659)
$58,221
($49,659)
$40,000
($3,000)
($69,235)
($32,235)
$77,307
($32,235)
$40,000
($3,000)
($47,532)
($10,532)
$99,763
($10,532)
Sa
Assets
Current Assets
Cash
Other Current Assets
Total Current Assets
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
us
Pr
in
es
sP
la
Accounts Payable
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
Copyright Palo Alto Software, Inc. 2002 All rights reserved. www.paloalto.com Not for reproduction, publication, or distribution.
Pg 6