Confections by Design Project Income Sheet
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Projected Income Sheet Year 2013 Revenue January February March April May June July August September October November December Total Sales $26,904.8 0 $29,595. 28 $32,285.7 6 $37,666.7 2 $51,119. 12 $56,500.0 8 $34,976.2 4 $37,666. 72 $48,428.6 4 $51,119.1 2 $64,571. 52 $67,262.0 0 $538,096. 00 Cost of Sales $11,210.3 3 $11,210. 33 $11,210.3 4 $11,210.3 3 $11,210. 33 $11,210.3 4 $11,210.3 3 $11,210. 33 $11,210.3 4 $11,210.3 3 $11,210. 33 $11,210.3 4 $134,524. 00 Gross Margin $15,694.4 7 $18,384. 95 $21,075.4 2 $26,456.3 9 $39,908. 79 $45,289.7 4 $23,765.9 1 $26,456. 39 $37,218.3 0 $39,908.7 9 $53,361. 19 $56,051.6 6 $403,572. 00 Gross Margin % 58% 62% 65% 70% 78% 80% 68% 70% 77% 78% 83% 83% 75% Operating Expenses Payroll $12,073.5 0 $13,280. 85 $14,488.2 0 $16,902.9 0 $22,939. 65 $25,354.3 5 $15,695.5 5 $16,902. 90 $21,732.3 0 $22,939.6 5 $28,976. 40 $30,1 83.75 $241,470. 00 Marketing $941.67 $1,035.8 3 $1,130.00 $1,318.34 $1,789.1 7 $1,977.50 $1,224.17 $1,318.3 4 $1,695.00 $1,789.17 $2,260.0 0 $2,354.17 $18,833.3 6 Utilities $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $8,071.44 Insurance $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $2,000.00 Depreciation $1,144.66 $1,144.6 6 $1,144.66 $1,144.66 $1,144.6 6 $1,144.66 $1,144.66 $1,144.6 6 $1,144.66 $1,144.66 $1,144.6 6 $1,144.66 $13,735.8 7 Equipment Loan $2,216.98 $2,216.9 8 $2,216.98 $2,216.98 $2,216.9 8 $2,216.98 $2,216.98 $2,216.9 8 $2,216.98 $2,216.98 $2,216.9 8 $2,216.98 $26,603.7 6 Rent Payment $2,720.00 $2,720.0 0 $2,720.00 $2,720.00 $2,720.0 0 $2,720.00 $2,720.00 $2,720.0 0 $2,720.00 $2,720.00 $2,720.0 0 $2,720.00 $32,640.0 0 Total Operating Expenses $19,936.0 9 $21,237. 61 $22,539.1 2 $25,142.1 6 $31,649. 74 $34,252.7 7 $23,840.6 4 $25,142. 16 $30,348.2 2 $31,649.7 4 $38,157. 33 $39,458.8 4 $343,354. 43 Profit Before Taxes and Benefits - $4,241.62 - $2,852.6 6 - $1,463.70 $1,314.23 $8,259.0 5 $11,036.9 7 -$74.73 $1,314.2 3 $6,870.08 $8,259.05 $15,203. 86 $16,592.8 2 $60,217.5 8 Taxes and FICA $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $7,210.00 Employee Benefits $1,716.67 $1,716.6 7 $1,716.67 $1,716.67 $1,716.6 7 $1,716.67 $1,716.67 $1,716.6 7 $1,716.67 $1,716.67 $1,716.6 7 $1,716.67 $20,600.0 0 28 | Page
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Transcript of Confections by Design Project Income Sheet
Projected Income Sheet Year 2013
Revenue January February March April May June July August September October November December Total
Sales $26,904.80 $29,595.28 $32,285.76 $37,666.72 $51,119.12 $56,500.08 $34,976.24 $37,666.72 $48,428.64 $51,119.12 $64,571.52 $67,262.00 $538,096.00
Cost of Sales $11,210.33 $11,210.33 $11,210.34 $11,210.33 $11,210.33 $11,210.34 $11,210.33 $11,210.33 $11,210.34 $11,210.33 $11,210.33 $11,210.34 $134,524.00
Gross Margin $15,694.47 $18,384.95 $21,075.42 $26,456.39 $39,908.79 $45,289.74 $23,765.91 $26,456.39 $37,218.30 $39,908.79 $53,361.19 $56,051.66 $403,572.00
Gross Margin % 58% 62% 65% 70% 78% 80% 68% 70% 77% 78% 83% 83% 75%
Operating Expenses
Payroll $12,073.50 $13,280.85 $14,488.20 $16,902.90 $22,939.65 $25,354.35 $15,695.55 $16,902.90 $21,732.30 $22,939.65 $28,976.40$30,18
3.75 $241,470.00
Marketing $941.67 $1,035.83 $1,130.00 $1,318.34 $1,789.17 $1,977.50 $1,224.17 $1,318.34 $1,695.00 $1,789.17 $2,260.00 $2,354.17 $18,833.36
Utilities $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $672.62 $8,071.44
Insurance $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $166.67 $2,000.00
Depreciation $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $13,735.87
Equipment Loan $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $2,216.98 $26,603.76
Rent Payment $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $2,720.00 $32,640.00Total Operating Expenses $19,936.09 $21,237.61 $22,539.12 $25,142.16 $31,649.74 $34,252.77 $23,840.64 $25,142.16 $30,348.22 $31,649.74 $38,157.33 $39,458.84 $343,354.43
Profit Before Taxes and Benefits -$4,241.62 -$2,852.66 -$1,463.70 $1,314.23 $8,259.05 $11,036.97 -$74.73 $1,314.23 $6,870.08 $8,259.05 $15,203.86 $16,592.82 $60,217.58
Taxes and FICA $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $600.83 $7,210.00Employee Benefits $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $1,716.67 $20,600.00
Net Income -$6,559.12 -$5,170.16 -$3,781.20 -$1,003.27 $5,941.55 $8,719.47 -$2,392.23 -$1,003.27 $4,552.58 $5,941.55 $12,886.36 $14,275.32 $32,407.58Net Income/Sales -24% -17% -12% -3% 12% 15% -7% -3% 9% 12% 20% 21% 6%
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Projected Cash Flow Year 2013
January February March April May June July August September October November December
Cash Received $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cash Sales $26,904.80$29,595.2
8$32,285.7
6 $37,666.72$51,119.1
2 $56,500.08$34,976.2
4$37,666.7
2 $48,428.64 $51,119.12 $64,571.52 $67,262.00
Subtotal Cash from Operations $26,904.80$29,595.2
8$32,285.7
6 $37,666.72$51,119.1
2 $56,500.08$34,976.2
4$37,666.7
2 $48,428.64 $51,119.12 $64,571.52 $67,262.00
Additional Cash Received
Sales Tax, VAT, HST/GST Received $1,345.24 $1,479.76 $1,614.29 $1,883.34 $2,555.96 $2,825.00 $1,748.81 $1,883.34 $2,421.43 $2,555.96 $3,228.58 $3,363.10
New Current Borrowing $25,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
New Investment Received $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Cash Received $53,250.04$31,075.0
4$33,900.0
5 $39,550.06$53,675.0
8 $59,325.08$36,725.0
5$39,550.0
6 $50,850.07 $53,675.08 $67,800.10 $70,625.10
Expenditures
Cash Spending $21,108.93$22,410.4
5$23,711.9
7 $26,315.00$32,822.5
9 $35,425.62$25,013.4
9$26,315.0
0 $31,521.07 $32,822.59 $39,330.17 $40,631.69
Bill Payments $11,210.33$11,210.3
3$11,210.3
4 $11,210.33$11,210.3
3 $11,210.34$11,210.3
3$11,210.3
3 $11,210.34 $11,210.33 $11,210.33 $11,210.34
Depreciation $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66 $1,144.66
Subtotal Spent on Operations $33,463.92$34,765.4
4$36,066.9
6 $38,669.99$45,177.5
7 $47,780.61$37,368.4
7$38,669.9
9 $43,876.06 $45,177.57 $51,685.16 $52,986.68
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $1,345.24 $1,479.76 $1,614.29 $1,883.34 $2,555.96 $2,825.00 $1,748.81 $1,883.34 $2,421.43 $2,555.96 $3,228.58 $3,363.10Other Liabilities Principal Repayment $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $25,000.00
Subtotal Cash Spent $1,345.24 $1,479.76 $1,614.29 $1,883.34 $2,555.96 $2,825.00 $1,748.81 $1,883.34 $2,421.43 $2,555.96 $3,228.58 $28,363.10
Total Cash Spent $34,809.16$36,245.2
0$37,681.2
5 $40,553.32$47,733.5
3 $50,605.62$39,117.2
8$40,553.3
2 $46,297.50 $47,733.53 $54,913.73 $81,349.78
Net Cash Flow $18,440.88 -$5,170.16 -$3,781.20 -$1,003.27 $5,941.55 $8,719.47 -$2,392.23 -$1,003.27 $4,552.58 $5,941.55 $12,886.36-
$10,724.68
Cash Balance $18,440.88$13,270.7
2 $9,489.52 $8,486.25$14,427.8
0 $23,147.27$20,755.0
4$19,751.7
7 $24,304.34 $30,245.89 $43,132.26 $32,407.58
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