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Financial Plan 2.0
Financial Plan 2.0
0 Financial Plan
The financial prospects for Protein Quake is quite promising. Since Protein Quake is a pioneer in the market,
the business is expected to grow fast due to high existing, untapped demand. Investment will play a major
role in financing our growth and cushioning the initial losses.
We hope to expand to other outlets by Year 3 when we most likely have repaid most of the debts. However,
for the purpose of this financial plan, we assume that there will be no additional outlets within 3 years.
$4,672
$2,650
$7,322
$2,150
$500
$31,363
$31,863
$34,013
$7,322
$0
$863
$8,185
Capital
Planned Investment
Owner
Investor
Total Planned Investment
$500
$30,000
$30,500
Page 1
($4,672)
$25,828
$34,013
Total Funding
$38,685
Total Capital
Additionally,
Tax rate for private businesses is expected to drop from 22% to 20% in 2016.
The interest rate is estimated based on public statements from VPBank and Agribank.
Break-even Analysis
Monthly Units Break-even
Monthly Revenue Break-even
Assumptions:
Average Per-Unit Revenue
Average Per-Unit Variable Cost
Estimated Monthly Fixed Cost
3,708
$10,778
$2.91
$1.44
$5,429
Page 2
Year 2
$193,539
$95,891
$0
$95,891
Year 3
$212,913
$105,494
$0
$105,494
Gross Margin
Gross Margin %
$77,479
50.37%
$97,648
50.45%
$107,419
50.45%
Expenses
Payroll
Marketing/Promotion
Depreciation
Rent
Utilities
Payroll Taxes
Other
$6,720
$20,900
$120
$34,800
$600
$469
$1,540
$7,251
$4,300
$350
$34,800
$750
$508
$1,694
$7,828
$4,300
$1,020
$34,800
$1,000
$782
$1,863
$65,149
$49,653
$51,593
$12,330
$12,450
$877
$2,520
$47,995
$48,345
$847
$9,430
$55,826
$56,846
$406
$11,084
Sales
Direct Cost of Sales
Other Costs of Sales
Total Cost of Sales
Page 3
Net Profit
Net Profit/Sales
$8,934
5.81%
$37,719
19.49%
$44,336
20.82%
Page 4
Year 2
Year 3
Page 5
Cash Received
Cash from Operations
Cash Sales
Subtotal Cash from Operations
$153,819
$153,819
$193,539
$193,539
$212,913
$212,913
$0
$153,819
$0
$193,539
$0
$212,913
Year 1
Year 2
Year 3
$144,765
$144,765
$155,470
$155,470
$167,557
$167,557
$0
$176
$0
$144,941
$0
$176
$7,200
$162,846
$0
$7,176
$7,200
$181,933
$8,878
$40,741
$30,693
$71,433
$30,980
$102,413
Expenditures
Page 6
Year 2
Year 3
Current Assets
Cash
Other Current Assets
Total Current Assets
$40,741
$580
$41,321
$71,433
$580
$72,013
$102,413
$580
$102,993
Long-term Assets
Long-term Assets
Accumulated Depreciation
Total Long-term Assets
Total Assets
$1,570
$120
$1,450
$42,771
$1,570
$470
$1,100
$73,113
$1,570
$1,490
$80
$103,073
Year 1
Year 2
Year 3
Current Liabilities
Current Borrowing
Other Current Liabilities
Subtotal Current Liabilities
$7,146
$863
$8,009
$6,970
$863
$7,833
($206)
$863
$657
Long-term Liabilities
Total Liabilities
$0
$8,009
$0
$7,833
$0
$657
Paid-in Capital
Retained Earnings
Earnings
Total Capital
Total Liabilities and Capital
$30,500
($4,672)
$8,934
$34,762
$42,771
$30,500
($2,938)
$37,719
$65,280
$73,113
$30,500
$27,580
$44,336
$102,416
$103,073
Net Worth
$34,762
$65,280
$102,416
Assets
Ratio Analysis
Sales Growth
Percent of Total Assets
Other Current Assets
Total Current Assets
Long-term Assets
Total Assets
Current Liabilities
Long-term Liabilities
Year 1
n.a.
Year 2
25.82%
Year 3
10.01%
1.36%
96.61%
3.39%
100.00%
0.79%
98.50%
1.50%
100.00%
0.56%
99.92%
0.08%
100.00%
18.73%
0.00%
10.71%
0.00%
0.64%
0.00%
Page 7
Total Liabilities
Net Worth
18.73%
81.27%
10.71%
89.29%
0.64%
99.36%
100.00%
50.37%
44.56%
100.00%
50.45%
30.97%
100.00%
50.45%
29.63%
13.59%
8.02%
2.22%
24.80%
2.02%
26.22%
Main Ratios
Current
Quick
Total Debt to Total Assets
Pre-tax Return on Net Worth
Pre-tax Return on Assets
5.16
5.16
18.73%
32.95%
26.78%
9.19
9.19
10.71%
72.22%
64.49%
156.72
156.72
0.64%
54.11%
53.77%
Additional Ratios
Net Profit Margin
Return on Equity
Year 1
5.81%
25.70%
Year 2
19.49%
57.78%
Year 3
20.82%
43.29%
15.18
3.60
12.17
2.65
12.17
2.07
0.23
1.00
0.12
1.00
0.01
1.00
$33,312
14.06
$64,180
56.67
$102,336
137.55
0.28
19%
5.16
4.42
0.00
0.38
11%
9.19
2.96
0.19
0.48
1%
156.72
2.08
0.16
Percent of Sales
Sales
Gross Margin
Selling, General & Administrative
Expenses
Advertising Expenses
Profit Before Interest and Taxes
Activity Ratios
Accounts Payable Turnover
Total Asset Turnover
Debt Ratios
Debt to Net Worth
Current Liab. to Liab.
Liquidity Ratios
Net Working Capital
Interest Coverage
Additional Ratios
Assets to Sales
Current Debt/Total Assets
Acid Test
Sales/Net Worth
Dividend Payout
Page 8