Ethnic Food Import Business Plan
Aztec Food Imports (Aztec) will offer food imports from Mexico to meet increased demand by the city’s growing Hispanic/Latino community in the greater Richmond area. Over the last five years, this community has grown by 70% and represents half of the Richmond Metro population (250,000). Aztec has successfully supplied imported Mexican food products to the area’s two PriceRight supermarkets. With this foundation, Aztec will build a successful business serving the area’s markets.
1.1 Objectives
– Establish Aztec Food Imports as the top importer of Mexican food products in Richmond.
– Increase the number of Mexican food products in local markets by 20% over the next two years.
– Build solid relationships with local store purchasing agents serving Richmond’s Hispanic/Latino population.
1.2 Mission
Aztec’s mission is to supply Mexican food imports to Richmond stores, currently underserved by importers located over 150 miles away. Raymond Garcia, co-owner, will utilize his importing background, experience in the food retail market, and contacts in Mexico to bring in products that customers demand.
1.3 Keys to Success
The keys to success for Aztec’s business are:
– Offering high-quality products not available everywhere, essential for maintaining niche market sectors.
– Reliable and timely deliveries, requiring long-range planning and consideration of Mexican business practices.
– A reliable administration that serves customers, prepares accurate billing, follows up on orders and documentation, and closely monitors expenses and accounts receivable.
Aztec Food Imports will import Mexican food products to the Richmond Metro area markets.
2.1 Company Ownership
Aztec’s ownership is shared equally between Raymond Garcia and Jose Arroyo. Raymond has eight years of importing experience and is responsible for daily management, sales, and store deliveries. Jose Arroyo has 10 years of experience in managing imports from Mexico and shipping to the U.S. market. He is responsible for quality control and shipping.
2.2 Start-up Summary
The start-up cost of Aztec Food Imports primarily consists of inventory. Raymond Garcia and Jose Arroyo will each invest $50,000, and they will also secure a $100,000 SBA loan.
Start-up Funding
Start-up Expenses to Fund: $15,300
Start-up Assets to Fund: $184,700
Total Funding Required: $200,000
Assets
Non-cash Assets from Start-up: $80,000
Cash Requirements from Start-up: $104,700
Additional Cash Raised: $0
Cash Balance on Starting Date: $104,700
Total Assets: $184,700
Liabilities and Capital
Liabilities
Current Borrowing: $0
Long-term Liabilities: $100,000
Accounts Payable (Outstanding Bills): $0
Other Current Liabilities (interest-free): $0
Total Liabilities: $100,000
Capital
Planned Investment
Raymond Garcia: $50,000
Jose Arroya: $50,000
Other: $0
Additional Investment Requirement: $0
Total Planned Investment: $100,000
Loss at Start-up (Start-up Expenses): ($15,300)
Total Capital: $84,700
Total Capital and Liabilities: $184,700
Total Funding: $200,000
Start-up Requirements
Start-up Expenses
Legal: $5,000
Stationery etc.: $800
Brochures: $2,000
Consultants: $0
Insurance: $0
Rent: $3,000
Expensed Equipment: $4,000
Utilities: $500
Other: $0
Total Start-up Expenses: $15,300
Start-up Assets
Cash Required: $104,700
Start-up Inventory: $60,000
Other Current Assets: $0
Long-term Assets: $20,000
Total Assets: $184,700
Total Requirements: $200,000
Company Locations and Facilities
Aztec Food Imports will have warehouse space located in the Fillmore industrial district.
Products
Aztec’s product line consists of over 200 items:
– Beverages.
– Canned foods.
– Chile peppers.
– Desserts.
– Packaged foods.
– Salsas.
– Snacks.
– Spices and herbs.
Aztec also carries popular brands:
– Ducal.
– Herdez.
– Juanita’s.
– La Costeña.
– La Joya.
– La Lechonera.
– La Sierra.
– Pico Pica.
Market Analysis Summary
The Hispanic/Latino population in the Richmond Metro area has grown by 10% over the past five years. The current population stands at over 100,000 and is projected to reach over 160,000 in the next five years. A majority of these inner-city residents live in family groups of six or more members. The average household income for the area is $32,000.
There are four major supermarkets and over 50 smaller food stores that serve the metro communities. Last year, the four major supermarkets grossed over $150,000,000 in sales. Additional supermarkets are planned to be built in the Richmond Metro area in 2003 and 2004. Two of the current supermarkets in the Richmond Metro area are part of the local PriceRight chain. PriceRight is planning a new store in the area in 2004.
Though exact sales figures for the small markets in the area are unknown, traditionally, the community residents have been supportive of the smaller stores if their prices are competitive. Last year, Wilson Foods Imports grossed $1.5 million in sales with smaller markets in the Richmond Metro area.
Market Segmentation
Aztec Food Imports will serve all retail food outlets in the Richmond Metro area, including neighborhood markets and supermarkets.
Market Analysis
Year 1 Year 2 Year 3 Year 4 Year 5
Potential Customers Growth CAGR
Supermarkets 20% 4 5 6 7 8 18.92%
Neighborhood Markets 20% 50 60 72 86 103 19.80%
Other 0% 0 0 0 0 0 0.00%
Total 19.74% 54 65 78 93 111 19.74%
4.2 Target Market Segment Strategy
Aztec Food Imports will have two distinct marketing approaches:
– For Neighborhood Markets: Raymond will promote a small group of popular Mexican food products that are likely to move fast in smaller stores. These products will be priced attractively for small store owners. Once successful, Raymond will expand the product group.
– For Supermarkets: Raymond will promote the complete line of products that Aztec can provide. Aztec prices will reflect a stronger import connection in Mexico, resulting in lower prices and more product.
4.3 Main Competitors
Currently, Acme Food Importers in Wilsonville supplies Richmond area food stores with imported Mexican food products. Wilsonville is 150 miles north of Richmond. Only in the past two years has the demand for these products grown sufficiently to impact Acme’s ability to meet demand. Besides the distance, Acme is plagued with weak import connections in Mexico, contributing to the high wholesale price of their imported products.
Strategy and Implementation Summary
Aztec Food Imports aims to become the leading provider of wholesale imported Mexican food products in the Richmond Metro area.
5.1 Competitive Edge
Raymond Garcia and Jose Arroyo are the competitive edge of Aztec Food Imports. Raymond has worked for both Acme Food Imports and Wilson Food Imports over the past eight years. In his last position with Wilson, Raymond imported Mexican food products to numerous markets in the southwest, generating annual sales exceeding $2 million. His strength lies in customer relations and expanding the range of imported Mexican food purchased by markets in his sales region.
Jose has been a shipping agent for M. Zegarra Exporting in Mexico City for the past ten years. The company exported $20 million worth of products to the U.S last year. Jose’s responsibilities included eliminating shipping obstacles and ensuring timely product delivery to the U.S.
To develop effective business strategies, perform a SWOT analysis of your business. It’s easy with our free guide and template. Learn how to perform a SWOT analysis.
5.2 Sales Strategy
Aztec Food Imports will have two distinct sales approaches:
– For Neighborhood Markets: Raymond will promote a small group of popular Mexican food products that are likely to move fast in smaller stores. These items will be packaged as a group at an attractive price. Raymond will make frequent visits to these stores to build a strong working relationship that will lead to more purchases.
– For Supermarkets: Raymond will promote the complete line of products that Aztec can provide. Aztec prices will reflect a stronger import connection in Mexico, resulting in lower prices and more product. Raymond will also promote new seasonal products and provide assistance in marketing the products to the Hispanic/Latino community.
5.2.1 Sales Forecast
The following is the sales forecast for three years.
Sales Forecast:
| Sales Forecast | |||
| Year 1 | Year 2 | Year 3 | |
| Supermarkets | $209,500 | $260,000 | $310,000 |
| Neighborhood Markets | $124,000 | $160,000 | $200,000 |
| Total Sales | $333,500 | $420,000 | $510,000 |
Management Summary:
The two owners will co-manage the business. Raymond Garcia handles daily management, sales, and store deliveries, while Jose Arroyo oversees quality control and shipping of goods from Mexico to the U.S.
Personnel Plan:
| Personnel Plan | |||
| Year 1 | Year 2 | Year 3 | |
| Raymond Garcia | $36,000 | $45,000 | $50,000 |
| Jose Arroyo | $36,000 | $45,000 | $50,000 |
| Delivery Persons | $48,000 | $54,000 | $60,000 |
| Office Manager | $31,200 | $34,000 | $38,000 |
| Other | $0 | $0 | $0 |
| Total People | 5 | 5 | 5 |
| Total Payroll | $151,200 | $178,000 | $198,000 |
The following sections provide conservative estimates of Aztec Food Imports’ financial performance.
Break-even Analysis:
The monthly break-even point is $26,514.
Break-even Analysis
Monthly Revenue Break-even: $26,514
Assumptions:
– Average Percent Variable Cost: 31%
– Estimated Monthly Fixed Cost: $18,230
7.2 Projected Profit and Loss
The table and charts below illustrate the next three years.
The table provided illustrates the pro forma profit and loss for three years. Here are the figures:
Year 1:
– Sales: $333,500
– Direct Cost of Sales: $104,200
– Other Production Expenses: $0
– Total Cost of Sales: $104,200
– Gross Margin: $229,300
– Gross Margin %: 68.76%
– Expenses:
– Payroll: $151,200
– Sales and Marketing and Other Expenses: $0
– Depreciation: $2,880
– Leased Equipment: $0
– Utilities: $6,000
– Insurance: $0
– Rent: $36,000
– Payroll Taxes: $22,680
– Other: $0
– Total Operating Expenses: $218,760
– Profit Before Interest and Taxes: $10,540
– EBITDA: $13,420
– Interest Expense: $9,233
– Taxes Incurred: $392
– Net Profit: $915
– Net Profit/Sales: 0.27%
Year 2:
– Sales: $420,000
– Direct Cost of Sales: $133,000
– Other Production Expenses: $0
– Total Cost of Sales: $133,000
– Gross Margin: $287,000
– Gross Margin %: 68.33%
– Expenses:
– Payroll: $178,000
– Sales and Marketing and Other Expenses: $0
– Depreciation: $2,880
– Leased Equipment: $0
– Utilities: $6,000
– Insurance: $0
– Rent: $36,000
– Payroll Taxes: $26,700
– Other: $0
– Total Operating Expenses: $249,580
– Profit Before Interest and Taxes: $37,420
– EBITDA: $40,300
– Interest Expense: $7,876
– Taxes Incurred: $8,863
– Net Profit: $20,681
– Net Profit/Sales: 4.92%
Year 3:
– Sales: $510,000
– Direct Cost of Sales: $154,000
– Other Production Expenses: $0
– Total Cost of Sales: $154,000
– Gross Margin: $356,000
– Gross Margin %: 69.80%
– Expenses:
– Payroll: $198,000
– Sales and Marketing and Other Expenses: $0
– Depreciation: $2,880
– Leased Equipment: $0
– Utilities: $6,000
– Insurance: $0
– Rent: $36,000
– Payroll Taxes: $29,700
– Other: $0
– Total Operating Expenses: $272,580
– Profit Before Interest and Taxes: $83,420
– EBITDA: $86,300
– Interest Expense: $6,460
– Taxes Incurred: $23,088
– Net Profit: $53,872
– Net Profit/Sales: 10.56%
Moving on, the following table and chart present the projected cash flow for three years.
Pro Forma Cash Flow Table:
Year 1 Year 2 Year 3
Cash Received
Cash from Operations
Cash Sales $83,375 $105,000 $127,500
Cash from Receivables $194,775 $300,644 $367,563
Subtotal Cash from Operations $278,150 $405,644 $495,063
Additional Cash Received
Sales Tax, VAT, HST/GST Received $0 $0 $0
New Current Borrowing $0 $0 $0
New Other Liabilities (interest-free) $0 $0 $0
New Long-term Liabilities $0 $0 $0
Sales of Other Current Assets $0 $0 $0
Sales of Long-term Assets $0 $0 $0
New Investment Received $0 $0 $0
Subtotal Cash Received $278,150 $405,644 $495,063
Expenditures
Year 1 Year 2 Year 3
Expenditures from Operations
Cash Spending $151,200 $178,000 $198,000
Bill Payments $110,267 $228,719 $255,535
Subtotal Spent on Operations $261,467 $406,719 $453,535
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $0 $0 $0
Principal Repayment of Current Borrowing $0 $0 $0
Other Liabilities Principal Repayment $0 $0 $0
Long-term Liabilities Principal Repayment $14,160 $14,160 $14,160
Purchase Other Current Assets $0 $0 $0
Purchase Long-term Assets $0 $0 $0
Dividends $0 $0 $0
Subtotal Cash Spent $275,627 $420,879 $467,695
Net Cash Flow $2,523 ($15,235) $27,368
Cash Balance $107,223 $91,987 $119,355
Projected Balance Sheet:
Pro Forma Balance Sheet
Year 1 Year 2 Year 3
Assets
Current Assets
Cash $107,223 $91,987 $119,355
Accounts Receivable $55,350 $69,706 $84,643
Inventory $15,950 $20,358 $23,573
Other Current Assets $0 $0 $0
Total Current Assets $178,523 $182,052 $227,571
Long-term Assets
Long-term Assets $20,000 $20,000 $20,000
Accumulated Depreciation $2,880 $5,760 $8,640
Total Long-term Assets $17,120 $14,240 $11,360
Total Assets $195,643 $196,292 $238,931
Liabilities and Capital
Year 1 Year 2 Year 3
Current Liabilities
Accounts Payable $24,188 $18,316 $21,243
Current Borrowing $0 $0 $0
Other Current Liabilities $0 $0 $0
Subtotal Current Liabilities $24,188 $18,316 $21,243
Long-term Liabilities
$85,840 $71,680 $57,520
Total Liabilities $110,028 $89,996 $78,763
Paid-in Capital $100,000 $100,000 $100,000
Retained Earnings ($15,300) ($14,385) $6,296
Earnings $915 $20,681 $53,872
Total Capital $85,615 $106,296 $160,168
Total Liabilities and Capital $195,643 $196,292 $238,931
Net Worth $85,615 $106,296 $160,168
Business Ratios:
Year 1 Year 2 Year 3 Industry Profile
Sales Growth 0.00% 25.94% 21.43% 4.60%
Percent of Total Assets
Accounts Receivable 28.29% 35.51% 35.43% 33.30%
Inventory 8.15% 10.37% 9.87% 26.00%
Other Current Assets 0.00% 0.00% 0.00% 20.90%
Total Current Assets 91.25% 92.75% 95.25% 80.20%
Long-term Assets 8.75% 7.25% 4.75% 19.80%
Total Assets 100.00% 100.00% 100.00% 100.00%
Current Liabilities
Accounts Payable 12.36% 9.33% 8.89% 45.20%
Long-term Liabilities 43.88% 36.52% 24.07% 10.00%
Total Liabilities 56.24% 45.85% 32.96% 55.20%
Net Worth 43.76% 54.15% 67.04% 44.80%
Percent of Sales
Gross Margin 68.76% 68.33% 69.80% 44.10%
Selling, General & Administrative Expenses 68.48% 63.41% 59.24% 26.70%
Advertising Expenses 0.00% 0.00% 0.00% 0.70%
Profit Before Interest and Taxes 3.16% 8.91% 16.36% 0.80%
Main Ratios
Current 7.38 9.94 10.71 1.69
Quick 6.72 8.83 9.60 1.01
Total Debt to Total Assets 56.24% 45.85% 32.96% 55.20%
Pre-tax Return on Net Worth 1.53% 27.79% 48.05% 3.60%
Pre-tax Return on Assets 0.67% 15.05% 32.21% 8.00%
Additional Ratios
Net Profit Margin 0.27% 4.92% 10.56% n.a
Return on Equity 1.07% 19.46% 33.63% n.a
Activity Ratios
Accounts Receivable Turnover 4.52 4.52 4.52 n.a
Collection Days 56 72 74 n.a
Inventory Turnover 3.83 7.33 7.01 n.a
Accounts Payable Turnover 5.56 12.17 12.17 n.a
Payment Days 27 35 28 n.a
Total Asset Turnover 1.70 2.14 2.13 n.a
Debt Ratios
Debt to Net Worth 1.29 0.85 0.49 n.a
Current Liab. to Liab. 0.22 0.20 0.27 n.a
Liquidity Ratios
Net Working Capital $154,335 $163,736 $206,328 n.a
Interest Coverage 1.14 4.75 12.91 n.a
Additional Ratios
Assets to Sales 0.59 0.47 0.47 n.a
Current Debt/Total Assets 12% 9% 9% n.a
Acid Test 4.43 5.02 5.62 n.a
Sales/Net Worth 3.90 3.95 3.18 n.a
Dividend Payout 0.00 0.00 0.00 n.a
Appendix:
Sales Forecast Table:
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Sales $19,000 $19,000 $20,000 $22,000 $24,000 $27,500 $30,000 $30,000 $33,000 $34,000 $36,000 $39,000
Direct Cost of Sales Table:
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Supermarkets $4,000 $4,000 $4,000 $4,400 $6,000 $6,300 $8,000 $8,200 $9,000 $10,000 $10,000 $12,000
Neighborhood Markets $1,000 $1,000 $1,000 $1,080 $1,200 $1,280 $1,700 $1,740 $1,800 $2,000 $2,000 $2,500
Subtotal Direct Cost of Sales $5,000 $5,000 $5,000 $5,480 $7,200 $7,580 $9,700 $9,940 $10,800 $12,000 $12,000 $14,500
| Raymond Garcia | 0% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Jose Arroyo | 0% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Delivery Persons | 0% | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 |
| Office Manager | 0% | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 |
| Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total People | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Total Payroll | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 |
| 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% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales | $19,000 | $19,000 | $20,000 | $22,000 | $24,000 | $27,500 | $30,000 | $30,000 | $33,000 | $34,000 | $36,000 | $39,000 | |
| Direct Cost of Sales | $5,000 | $5,000 | $5,000 | $5,480 | $7,200 | $7,580 | $9,700 | $9,940 | $10,800 | $12,000 | $12,000 | $14,500 | |
| Other Production Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $5,000 | $5,000 | $5,000 | $5,480 | $7,200 | $7,580 | $9,700 | $9,940 | $10,800 | $12,000 | $12,000 | $14,500 | |
| Gross Margin | $14,000 | $14,000 | $15,000 | $16,520 | $16,800 | $19,920 | $20,300 | $20,060 | $22,200 | $22,000 | $24,000 | $24,500 | |
| Gross Margin % | 73.68% | 73.68% | 75.00% | 75.09% | 70.00% | 72.44% | 67.67% | 66.87% | 67.27% | 64.71% | 66.67% | 62.82% | |
| Expenses | |||||||||||||
| Payroll | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | |
| Sales and Marketing and Other Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Depreciation | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | |
| Leased Equipment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Utilities | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
| Insurance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Rent | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
| Payroll Taxes | 15% | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | $18,230 | |
| Profit Before Interest and Taxes | ($4,230) | ($4,230) | ($3,230) | ($1,710) | ($1,430) | $1,690 | $2,070 | $1,830 | $3,970 | $3,770 | $5,770 | $6,270 | |
| EBITDA | ($3,990) | ($3,990) | ($2,990) | ($1,470) | ($1,190) | $1,930 | $2,310 | $2,070 | $4,210 | $4,010 | $6,010 | $6,510 | |
| Interest Expense | $824 | $814 | $804 | $794 | $784 | $774 | $765 | $755 | $745 | $735 | $725 | $715 | |
| T
Pro Forma Cash Flow |
| Pro Forma Cash Flow | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | $4,750 | $4,750 | $5,000 | $5,500 | $6,000 | $6,875 | $7,500 | $7,500 | $8,250 | $8,500 | $9,000 | $9,750 | |
| Cash from Receivables | $0 | $475 | $14,250 | $14,275 | $15,050 | $16,550 | $18,088 | $20,688 | $22,500 | $22,575 | $24,775 | $25,550 | |
| Subtotal Cash from Operations | $4,750 | $5,225 | $19,250 | $19,775 | $21,050 | $23,425 | $25,588 | $28,188 | $30,750 | $31,075 | $33,775 | $35,300 | |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $4,750 | $5,225 | $19,250 | $19,775 | $21,050 | $23,425 | $25,588 | $28,188 | $30,750 | $31,075 | $33,775 | $35,300 | |
| Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | $12,600 | |
| Bill Payments | $157 | $4,697 | $4,700 | $4,999 | $5,435 | $5,541 | $6,443 | $6,738 | $12,520 | $18,899 | $20,331 | $19,808 | |
| Subtotal Spent on Operations | $12,757 | $17,297 | $17,300 | $17,599 | $18,035 | $18,141 | $19,043 | $19,338 | $25,120 | $31,499 | $32,931 | $32,408 | |
| 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 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | |
| 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 | $13,937 | $18,477 | $18,480 | $18,779 | $19,215 | $19,321 | $20,223 | $20,518 | $26,300 | $32,679 | $34,111 | $33,588 | |
| Net Cash Flow | ($9,187) | ($13,252) | $770 | $996 | $1,835 | $4,104 | $5,365 | $7,670 | $4,450 | ($1,604) | ($336) | $1,712 | |
| Cash Balance | $95,513 | $82,261 | $83,031 | $84,027 | $85,862 | $89,966 | $95,331 | $103,000 | $107,451 | $105,847 | $105,511 | $107,223 | |
Hello!
I’m Andrew Brooks, a seasoned finance consultant from the USA and the mind behind phonenumber247.com.
My career is built on a foundation of helping individuals and businesses thrive financially in an ever-changing economic landscape. At phonenumber247.com, my aim is to demystify the complex world of finance, providing clear, actionable advice that can help you navigate your financial journey with confidence. Whether it’s personal finance management, investment strategies, or understanding the nuances of market dynamics, I’m here to share insights and tools that can propel you towards your financial goals.
Welcome to my digital space, where every piece of advice is a step closer to financial clarity and success!