Telephone Sales Business Plan
University Telephones offers landline phones, cell phones, and cell phone plans to State University students. Our storefront is conveniently located between a popular student espresso shop and the University Bookstore, just half a block from campus.
The university community revolves around Steward Street, the main entrance and exit from campus. With students spending over $100 million annually on products and services, University Telephones aims to serve their needs.
We focus on both on-campus and off-campus students, providing tailored products and service plans. Approximately 6,000 students reside on campus, while an additional 12,000 live off campus. Currently, there are no telephone equipment outlets within a five-mile radius of the campus.
Robert Conway, owner of University Telephones, has managed the University Bookstore’s electronic department for the past four years and possesses deep knowledge of our target customer base.
University Telephones’ mission is to offer high-quality telephone products and services with personalized, convenient, and rapid service. They also provide expertise in picking the right product and service for their customers’ needs, thanks to strong vendor relationships. Additionally, their keys to success include excellent customer service, building and maintaining a referral network, focusing on cell phones and programs, and responding quickly to customer problems.
University Telephones offers State University students landline phones, cell phones, and cell phone plans. The owner, Robert Conway, believes that the store’s location is perfect for capturing students as they make important purchases at the beginning of each term. Their goal is to provide students with unparalleled support and convenience.
Robert Conway is the sole owner of University Telephones. He will invest $40,000 in the business and secure a $50,000 long-term loan for start-up costs.
(Note: The given text is quite concise and does not include many redundant words/phrases. The provided revisions focus on eliminating repetition and redundant phrasing to enhance clarity and impact.)
Start-up Requirements
Legal: $1,000
Insurance: $1,000
Rent: $2,000
Expensed Equipment: $4,000
Total Start-up Expenses: $8,000
Start-up Assets
Cash Required: $2,000
Start-up Inventory: $30,000
Other Current Assets: $0
Long-term Assets: $50,000
Total Assets: $82,000
Total Requirements: $90,000
Start-up Funding
Start-up Expenses to Fund: $8,000
Start-up Assets to Fund: $82,000
Total Funding Required: $90,000
Assets
Non-cash Assets from Start-up: $80,000
Cash Requirements from Start-up: $2,000
Additional Cash Raised: $0
Cash Balance on Starting Date: $2,000
Total Assets: $82,000
Liabilities and Capital
Liabilities
Current Borrowing: $0
Long-term Liabilities: $50,000
Accounts Payable (Outstanding Bills): $0
Other Current Liabilities (interest-free): $0
Total Liabilities: $50,000
Capital
Planned Investment:
Robert Conway: $40,000
Other: $0
Additional Investment Requirement: $0
Total Planned Investment: $40,000
Loss at Start-up (Start-up Expenses): ($8,000)
Total Capital: $32,000
Total Capital and Liabilities: $82,000
Total Funding: $90,000
2.3 Company Locations and Facilities
University Telephones is located on 3455 Steward Street.
Products
The following are the products and services offered by University Telephones:
– Landline Phones: Sony, RCA, Panasonic, Toshiba, GE, Sanyo, and Conair.
– Cell Phones: Ericsson, Sprint, Motorola, Neopoint, Nokia, Panasonic, and Sanyo.
– Cell Phone Accessories: antennas, batteries, belt clips, cables and adapters, cases, chargers, faceplates, and modems.
– Cell Phone Plans: local service, regional service, national service, prepaid service.
Market Analysis Summary
The university community serves 18,000 students. Each year, students spend over $100 million dollars on products and services in the university community. In a recent campus survey, over 75% of students reported owning cell phones, and over 80% of those students also have a landline phone. This represents a multi-million dollar market in the university community.
University Telephones will focus on students living on and off campus by offering tailored products and service plans. Approximately 6,000 students live on campus, and an additional 12,000 students live off campus. Currently, there are no telephone equipment outlets within five miles of the campus.
4.1 Market Segmentation
University Telephones will focus on two customer groups:
– Students living on campus
– Students living off campus
– Non-students working or living in the university area, including university faculty, administration, and university-area residents.
Market Analysis
Potential Customers Growth Year 1 Year 2 Year 3 Year 4 Year 5 CAGR
Students Living On Campus 2% 6,000 6,120 6,242 6,367 6,494 2.00%
Students Living Off Campus 3% 12,000 12,360 12,731 13,113 13,506 3.00%
Non-students 5% 7,000 7,350 7,718 8,104 8,509 5.00%
Total 3.34% 25,000 25,830 26,691 27,584 28,509 3.34%
4.2 Target Market Segment Strategy
The market for telephone equipment and cell phone plans is fragmented, crowded, and competitive. Among these, only a few large local firms serve the entire city of Richmond. The remainder are small firms that sell from kiosks in the surrounding malls. University Telephones’ niche is its location on Steward Street. At the beginning of each term, several telephone equipment and service providers set up tables and kiosks on Steward Street, but after day ten, they all leave the area. University Telephones will have a permanent home on Steward Street, which we believe will be seen as an advantage by our customers.
Strategy and Implementation Summary
University Telephones will promote the store opening. We will advertise in the university daily student newspaper as well as the university area advertising flyer. In the advertisements for the store opening, we will have a 20% off coupon for product purchases over twenty dollars. We will continue this discount for the first month of operation.
5.1 Competitive Edge
University Telephones’ competitive edge is:
– Location: University Telephones is located on Steward Street, just a half block from campus. The foot traffic on Steward Street is very strong. University Telephones is sandwiched between a popular student espresso shop and the University Bookstore.
– Customer Service: Robert Conway, owner of University Telephones, has been the manager of the University Bookstore’s electronic department for the past four years and is familiar with his target customer base. He has an excellent reputation for customer service. Most importantly, the store location will improve customer satisfaction when problems with product or service occur. Customers will value the ability to come into the store between classes to resolve any problems that come up.
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5.2 Sales Strategy
The sales strategy of University Telephones is simple. The key to customer satisfaction is having the product and services that meet the customer’s needs. A crucial part of that is to also have knowledgeable employees to help customers find what they want quickly.
5.2.1 Sales Forecast
The following is University Telephones’ sales forecast for three years.
| Sales Forecast | |||
| Year 1 | Year 2 | Year 3 | |
| Sales | |||
| Land Line Phones | $35,000 | $37,000 | $44,000 |
| Cell Phones | $82,000 | $89,000 | $98,000 |
| Cell Phone Accessories | $59,000 | $63,000 | $72,000 |
| Cell Service Plans | $164,000 | $170,000 | $190,000 |
| Total Sales | $340,000 | $359,000 | $404,000 |
| Direct Cost of Sales | Year 1 | Year 2 | Year 3 |
| Land Line Phones | $8,200 | $9,000 | $1,000 |
| Cell Phones | $18,800 | $20,000 | $25,000 |
| Cell Phone Accessories | $15,300 | $15,000 | $19,000 |
| Cell Service Plans | $117,000 | $118,000 | $121,000 |
| Subtotal Direct Cost of Sales | $159,300 | $162,000 | $166,000 |
Management Summary
Robert Conway, owner of University Telephones, has been an employee of the University Bookstore for eleven years. Robert started as a sales associate during his senior year at State University and was promoted to Floor Manager after earning a BA in English. In 1996, Robert became the first manager of the bookstore’s electronic department. Since then, the department has grown into its own storefront with its own staff. Robert has supervised the department’s growth and is known for his outstanding management skills.
Robert Conway will manage the daily operations of University Telephones.
6.1 Personnel Plan
University Telephones will have a staff of five:
- Manager;
- Store Staff (4).
| Personnel Plan | |||
| Year 1 | Year 2 | Year 3 | |
| Robert Conway | $36,000 | $40,000 | $44,000 |
| Store Staff (4) | $96,000 | $106,000 | $114,000 |
| Other | $0 | $0 | $0 |
| Total People | 5 | 5 | 5 |
| Total Payroll | $132,000 | $146,000 | $158,000 |
Financial Plan
The following is the financial plan for University Telephones.
7.1 Break-even Analysis
The monthly break-even point is approximately $28,300.
Break-even Analysis
Monthly Revenue Break-even: $28,318
Assumptions:
– Average Percent Variable Cost: 47%
– Estimated Monthly Fixed Cost: $15,050
7.2 Projected Balance Sheet
The projected balance sheet for the next three years is as follows:
Pro Forma Balance Sheet
Year 1 Year 2 Year 3
Assets
Current Assets
Cash $21,509 $18,733 $37,092
Inventory $14,960 $15,214 $15,589
Other Current Assets $0 $0 $0
Total Current Assets $36,469 $33,946 $52,682
Long-term Assets
Long-term Assets $50,000 $50,000 $50,000
Accumulated Depreciation $2,400 $4,800 $7,200
Total Long-term Assets $47,600 $45,200 $42,800
Total Assets $84,069 $79,146 $95,482
Liabilities and Capital
Year 1 Year 2 Year 3
Current Liabilities
Accounts Payable $17,184 $16,817 $17,913
Current Borrowing $0 $0 $0
Other Current Liabilities $0 $0 $0
Subtotal Current Liabilities $17,184 $16,817 $17,913
Long-term Liabilities $39,200 $28,400 $17,600
Total Liabilities $56,384 $45,217 $35,513
Paid-in Capital $40,000 $40,000 $40,000
Retained Earnings ($8,000) ($12,315) ($6,071)
Earnings ($4,315) $6,244 $26,040
Total Capital $27,685 $33,929 $59,969
Total Liabilities and Capital $84,069 $79,146 $95,482
Net Worth $27,685 $33,929 $59,969
7.3 Projected Profit and Loss
The projected profit and loss for the next three years can be seen in the table and charts below.
Pro Forma Profit and Loss
| Pro Forma Profit and Loss | |||
| Year 1 | Year 2 | Year 3 | |
| $340,000 | $359,000 | $404,000 | |
| $159,300 | $162,000 | $166,000 | |
| $0 | $0 | $0 | |
| $159,300 | $162,000 | $166,000 | |
| $180,700 | $197,000 | $238,000 | |
| 53.15% | 54.87% | 58.91% | |
| Expenses | |||
| $132,000 | $146,000 | $158,000 | |
| $0 | $0 | $0 | |
| $2,400 | $2,400 | $2,400 | |
| $0 | $0 | $0 | |
| $2,400 | $2,400 | $2,400 | |
| $0 | $0 | $0 | |
| $24,000 | $12,000 | $12,000 | |
| $19,800 | $21,900 | $23,700 | |
| $0 | $0 | $0 | |
| $180,600 | $184,700 | $198,500 | |
| $100 | $12,300 | $39,500 | |
| $2,500 | $14,700 | $41,900 | |
| $4,415 | $3,380 | $2,300 | |
| $0 | $2,676 | $11,160 | |
| ($4,315) | $6,244 | $26,040 | |
| -1.27% | 1.74% | 6.45% | |
7.4 Projected Cash Flow
The following table and chart highlight the projected cash flow for the next three years.
Pro Forma Cash Flow:
| Pro Forma Cash Flow | |||
| Year 1 | Year 2 | Year 3 | |
| Cash Received | |||
| Cash from Operations | |||
| Cash Sales | $340,000 | $359,000 | $404,000 |
| Subtotal Cash from Operations | $340,000 | $359,000 | $404,000 |
| 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 | $340,000 | $359,000 | $404,000 |
7.5 Business Ratios:
Business ratios for the years of this plan are shown below. Industry profile ratios based on the Standard Industrial Classification (SIC) code 3661, Telephone Equipment, are shown for comparison.
| Ratio Analysis | ||||
| Year 1 | Year 2 | Year 3 | Industry Profile | |
| Sales Growth | 0.00% | 5.59% | 12.53% | 10.50% |
| Percent of Total Assets | ||||
| Inventory | 17.79% | 19.22% | 16.33% | 26.50% |
| Other Current Assets | 0.00% | 0.00% | 0.00% | 31.10% |
| Total Current Assets | 43.38% | 42.89% | 55.17% | 83.50% |
| Long-term Assets | 56.62% | 57.11% | 44.83% | 16.50% |
| Total Assets | 100.00% | 100.00% | 100.00% | 100.00% |
| Current Liabilities | 20.44% | 21.25% | 18.76% | 48.90% |
| Long-term Liabilities | 46.63% | 35.88% | 18.43% | 13.30% |
| Total Liabilities | 67.07% | 57.13% | 37.19% | 62.20% |
| Net Worth | 32.93% | 42.87% | 62.81% | 37.80% |
| Percent of Sales | ||||
| Sales | 100.00% | 100.00% | 100.00% | 100.00% |
| Gross Margin | 53.15% | 54.87% | 58.91% | 41.50% |
| Selling, General & Administrative Expenses | 54.42% | 53.14% | 52.47% | 26.80% |
| Advertising Expenses | 0.00% | 0.00% | 0.00% | 1.00% |
| Profit Before Interest and Taxes | 0.03% | 3.43% | 9.78% | 2.60% |
| Main Ratios | ||||
| Current | 2.12 | 2.02 | 2.94 | 1.71 |
| Quick | 1.25 | 1.11 | 2.07 | 0.97 |
| Total Debt to Total Assets | 67.07% | 57.13% | 37.19% | 62.20% |
| Pre-tax Return on Net Worth | -15.59% | 26.29% | 62.03% | 3.00% |
| Pre-tax Return on Assets | -5.13% | 11.27% | 38.96% | 7.80% |
| Additional Ratios | Year 1 | Year 2 | Year 3 | |
| Net Profit Margin | -1.27% | 1.74% | 6.45% | n.a |
| Return on Equity | -15.59% | 18.40% | 43.42% | n.a |
| Activity Ratios | ||||
| Inventory Turnover | 10.34 | 10.74 | 10.78 | n.a |
| Accounts Payable Turnover | 11.34 | 12.17 | 12.17 | n.a |
| Payment Days | 27 | 30 | 29 | n.a |
| Total Asset Turnover | 4.04 | 4.54 | 4.23 | n.a |
| Debt Ratios | ||||
| Debt to Net Worth | 2.04 | 1.33 | 0.59 | n.a |
| Current Liab. to Liab. | 0.30 | 0.37 | 0.50 | n.a |
| Liquidity Ratios | ||||
| Net Working Capital | $19,285 | $17,129 | $34,769 | n.a |
| Interest Coverage | 0.02 | 3.64 | 17.17 | n.a |
| Additional Ratios | ||||
| Assets to Sales | 0.25 | 0.22 | 0.24 | n.a |
| Current Debt/Total Assets | 20% | 21% | 19% | n.a |
| Acid Test | 1.25 | 1.11 | 2.07 | n.a |
| Sales/Net Worth | 12.28 | 10.58 | 6.74 | n.a |
| Dividend Payout | 0.00 | 0.00 | 0.00 | n.a |
Appendix:
| Sales Forecast | |||||||||||||
| 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 | |||||||||||||
| Land Line Phones | $2,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
| Cell Phones | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | |
| Cell Phone Accessories | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | |
| Cell Service Plans | $10,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | |
| Total Sales | $21,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | ||
| Personnel Plan | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Robert Conway | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
| Store Staff (4) | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | |
| Other | $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 | |
| Total Payroll | $11,000 | $11,000 | $11,000 | $11,000 | $11,000 | $11,000 | $11,000 | $11,000 | $11,000 |
Sales: – Month 1: $21,000 – Month 2: $29,000 – Month 3: $29,000 – Month 4: $29,000 – Month 5: $29,000 – Month 6: $29,000 – Month 7: $29,000 – Month 8: $29,000 – Month 9: $29,000 – Month 10: $29,000 – Month 11: $29,000 – Month 12: $29,000 Direct Cost of Sales: – Month 1: $9,700 – Month 2: $13,600 – Month 3: $13,600 – Month 4: $13,600 – Month 5: $13,600 – Month 6: $13,600 – Month 7: $13,600 – Month 8: $13,600 – Month 9: $13,600 – Month 10: $13,600 – Month 11: $13,600 – Month 12: $13,600 Other Production Expenses: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Total Cost of Sales: – Month 1: $9,700 – Month 2: $13,600 – Month 3: $13,600 – Month 4: $13,600 – Month 5: $13,600 – Month 6: $13,600 – Month 7: $13,600 – Month 8: $13,600 – Month 9: $13,600 – Month 10: $13,600 – Month 11: $13,600 – Month 12: $13,600 Gross Margin: – Month 1: $11,300 – Month 2: $15,400 – Month 3: $15,400 – Month 4: $15,400 – Month 5: $15,400 – Month 6: $15,400 – Month 7: $15,400 – Month 8: $15,400 – Month 9: $15,400 – Month 10: $15,400 – Month 11: $15,400 – Month 12: $15,400 Gross Margin %: – Month 1: 53.81% – Month 2: 53.10% – Month 3: 53.10% – Month 4: 53.10% – Month 5: 53.10% – Month 6: 53.10% – Month 7: 53.10% – Month 8: 53.10% – Month 9: 53.10% – Month 10: 53.10% – Month 11: 53.10% – Month 12: 53.10% Expenses: Payroll: – Month 1: $11,000 – Month 2: $11,000 – Month 3: $11,000 – Month 4: $11,000 – Month 5: $11,000 – Month 6: $11,000 – Month 7: $11,000 – Month 8: $11,000 – Month 9: $11,000 – Month 10: $11,000 – Month 11: $11,000 – Month 12: $11,000 Sales and Marketing and Other Expenses: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Depreciation: – Month 1: $200 – Month 2: $200 – Month 3: $200 – Month 4: $200 – Month 5: $200 – Month 6: $200 – Month 7: $200 – Month 8: $200 – Month 9: $200 – Month 10: $200 – Month 11: $200 – Month 12: $200 Leased Equipment: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Utilities: – Month 1: $200 – Month 2: $200 – Month 3: $200 – Month 4: $200 – Month 5: $200 – Month 6: $200 – Month 7: $200 – Month 8: $200 – Month 9: $200 – Month 10: $200 – Month 11: $200 – Month 12: $200 Insurance: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Rent: – Month 1: $2,000 – Month 2: $2,000 – Month 3: $2,000 – Month 4: $2,000 – Month 5: $2,000 – Month 6: $2,000 – Month 7: $2,000 – Month 8: $2,000 – Month 9: $2,000 – Month 10: $2,000 – Month 11: $2,000 – Month 12: $2,000 Payroll Taxes: – Month 1: 15% – Month 2: $1,650 – Month 3: $1,650 – Month 4: $1,650 – Month 5: $1,650 – Month 6: $1,650 – Month 7: $1,650 – Month 8: $1,650 – Month 9: $1,650 – Month 10: $1,650 – Month 11: $1,650 – Month 12: $1,650 Other: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Total Operating Expenses: – Month 1: $15,050 – Month 2: $15,050 – Month 3: $15,050 – Month 4: $15,050 – Month 5: $15,050 – Month 6: $15,050 – Month 7: $15,050 – Month 8: $15,050 – Month 9: $15,050 – Month 10: $15,050 – Month 11: $15,050 – Month 12: $15,050 Profit Before Interest and Taxes: – Month 1: ($3,750) – Month 2: $350 – Month 3: $350 – Month 4: $350 – Month 5: $350 – Month 6: $350 – Month 7: $350 – Month 8: $350 – Month 9: $350 – Month 10: $350 – Month 11: $350 – Month 12: $350 EBITDA: – Month 1: ($3,550) – Month 2: $550 – Month 3: $550 – Month 4: $550 – Month 5: $550 – Month 6: $550 – Month 7: $550 – Month 8: $550 – Month 9: $550 – Month 10: $550 – Month 11: $550 – Month 12: $550 Interest Expense: – Month 1: $409 – Month 2: $402 – Month 3: $394 – Month 4: $387 – Month 5: $379 – Month 6: $372 – Month 7: $364 – Month 8: $357 – Month 9: $349 – Month 10: $342 – Month 11: $334 – Month 12: $327 Taxes Incurred: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Net Profit: – Month 1: ($4,159) – Month 2: ($52) – Month 3: ($44) – Month 4: ($37) – Month 5: ($29) – Month 6: ($22) – Month 7: ($14) – Month 8: ($7) – Month 9: $1 – Month 10: $8 – Month 11: $16 – Month 12: $23 Net Profit/Sales: – Month 1: -19.81% – Month 2: -0.18% – Month 3: -0.15% – Month 4: -0.13% – Month 5: -0.10% – Month 6: -0.07% – Month 7: -0.05% – Month 8: -0.02% – Month 9: 0.00% – Month 10: 0.03% – Month 11: 0.05% – Month 12: 0.08% Pro Forma Cash Flow: Cash Received: – Month 1: $21,000 – Month 2: $29,000 – Month 3: $29,000 – Month 4: $29,000 – Month 5: $29,000 – Month 6: $29,000 – Month 7: $29,000 – Month 8: $29,000 – Month 9: $29,000 – Month 10: $29,000 – Month 11: $29,000 – Month 12: $29,000 Cash from Operations: – Month 1: $21,000 – Month 2: $29,000 – Month 3: $29,000 – Month 4: $29,000 – Month 5: $29,000 – Month 6: $29,000 – Month 7: $29,000 – Month 8: $29,000 – Month 9: $29,000 – Month 10: $29,000 – Month 11: $29,000 – Month 12: $29,000 Cash Sales: – Month 1: $21,000 – Month 2: $29,000 – Month 3: $29,000 – Month 4: $29,000 – Month 5: $29,000 – Month 6: $29,000 – Month 7: $29,000 – Month 8: $29,000 – Month 9: $29,000 – Month 10: $29,000 – Month 11: $29,000 – Month 12: $29,000 Subtotal Cash from Operations: – Month 1: $21,000 – Month 2: $29,000 – Month 3: $29,000 – Month 4: $29,000 – Month 5: $29,000 – Month 6: $29,000 – Month 7: $29,000 – Month 8: $29,000 – Month 9: $29,000 – Month 10: $29,000 – Month 11: $29,000 – Month 12: $29,000 Additional Cash Received: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Sales Tax, VAT, HST/GST Received: – Month 1: 0.00% – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 New Current Borrowing: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 New Other Liabilities (interest-free): – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 New Long-term Liabilities: – Month 1: $0 – Month 2: $0 – Month 3: $0 – Month 4: $0 – Month 5: $0 – Month 6: $0 – Month 7: $0 – Month 8: $0 – Month 9: $0 – Month 10: $0 – Month 11: $0 – Month 12: $0 Sales of Other Current Assets: – Month 1: $0 – Month 2: $0 – Month 3: $0 – |
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Hello!
I’m Andrew Brooks, a seasoned finance consultant from the USA and the mind behind phonenumber247.com.
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