Required start up capital

Pre-operating expenses
Business permits and licenses
Total pre operating expenses
Assets to be acquired before operations
Laptop
Printer
Total assets to be acquired before operations
Monthly operating expenses
Fuel and oil
Supplies
Donations
Caritas
Church
Total monthly operating expenses
multiplied by 2 months
Required start up capital

15,000
15,000

50,000
8,000
58,000

1,000
300
500
500
2,300
4600
77,600

Sources and uses of funds

Sources
Personal savings
Angel financier
Total Sources
Uses
Pre-operating expenses
Business permits and licenses
Total pre-operating expesnes

50,000
0
50,000

15,000
15,000

Total Uses

15,000

Cash Balance

35,000

Balance Sheet
Pre-operating
Assets
Current Assets
Cash on hand
Cash in bank
Prepaid pre-operating expenses
Less: Amortization
Total Current Assets
Fixed Assets
Equipment, Laptop
Equipment, Printer
Less: Accumulated depreciation
Total Fixed Assets
Liabilities and Owner's Equity
Current Liabilities
Accounts Payable
Accrued Expenses
Percenrage Sales Tax Returns
Income Tax Returns
Total Current Liabilities
Owner's Equity
Anne, Beginning Capital
Net Income
Less: Withdrawals
Total Owner's Equity
Total Liabilities and Owner's Equity

January

February

15000
1,250

1,250

50000
8000
972.22
57027.78

50000
8000
1944.44
56055.56

March

April

May

June

July

August

September

1,250

1,250

1,250

1,250

1,250

1,250

1,250

50000
8000
2916.66
55083.34

50000
8000
3888.88
54111.12

50000
8000
4861.1
53138.9

50000
8000
5833.32
52166.68

50000
8000
6805.54
51194.46

50000
8000
7777.76
50222.24

50000
8000
8749.98
49250.02

October

November

December

1,250

1,250

1,250

50000
8000
9722.2
48277.8

50000
8000
10694.42
47305.58

50000
8000
11666.64
46333.36

Pre operating JANUARY FEBRUARY

HOURS
1 on 1 hour
Group
SALES
1 on 1 hour
Group

Preoperating
REVENUE
Service Revenue
Less: Discounts (2%)
Total Revenues

EXPENSES
Taxes and Licenses
Fuel and Oil
Supplies
Donations
Miscellaneous
Depreciation
Amortization, Pre Operating Expenses
Total Expenses
Net Income Before Tax

60
10

75
15

12000
5000
17000

15000
7500
22500

JANUARY FEBRUARY
17000
17000

22500
22500

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000
972.22
1,250
4,522

12,478

17,978

15,000

15,000

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

100
20

50
10

60
15

70
18

100
12

120
15

110
25

20000
10000
30000

10000
5000
15000

12000
7500
19500

14000
9000
23000

20000
6000
26000

24000
7500
31500

22000
12500
34500

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

30000
30000

15000
15000

19500
19500

23000
23000

26000
26000

31500
31500

34500
34500

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000
972.22
1,250
4,522

25,478

10,478

14,978

18,478

21,478

26,978

29,978

OCTOBER NOVEMBER DECEMBER

130
15

60
10

20
5

26000
7500
33500

12000
5000
17000

4000
2500
6500

OCTOBER NOVEMBER DECEMBER

33500
33500

17000
17000

6500

1,000
300
1000
972.22
1,250
4,522

1,000
300
1000

1,000
300
1000

972.22
1,250
4,522

972.22
1,250
4,522

28,978

12,478

1,978

6500

CASH RECEIPTS
Service Revenue
Cash Allocated from Month of Sale
Less: Discount and Allowances
Total Cash Receipts
CASH DISBURSEMENTS
Taxes and Licenses
Fuel and oil
Supplies
Donations
Miscellaneous
Total Cash Disbursements
Total Cash Receipts
Total Cash Disbursements
Net Cash Flow
Beginning Cash Balance
Less: Withdrawals
Ending Cash Balance

PRE-OPERATING JANUARY
FEBRUARY MARCH
17000
22500
30000
17000
22500
30000

15000
1000
300
1000
15000

1000
300
1000
-

1000
300
1000
-

2300

2300

2300

17000
2300
14700

22500
2300
20200

30000
2300
27700

APRIL

MAY

JUNE

JULY

15000
15000

19500
19500

23000
23000

26000
26000

1000
300
1000

1000
300
1000

1000
300
1000

1000
300
1000

AUGUST
SEPTEMBER OCTOBER
31500
34500
33500
31500
34500
33500

1000
300
1000
-

1000
300
1000
-

1000
300
1000
-

2300

2300

2300

2300

2300

2300

2300

15000
2300
12700

19500
2300
17200

23000
2300
20700

26000
2300
23700

31500
2300
29200

34500
2300
32200

33500
2300
31200

NOVEMBER DECEMBER
17000
6500
17000
6500

1000
300
1000
-

1000
300
1000
-

2300

2300

17000
2300
14700

6500
2300
4200

Balance Sheet
Pre-operating
Assets
Current Assets
Cash on hand
Cash in bank
Prepaid pre-operating expenses
Less: Amortization
Total Current Assets

Owner's Equity
Anne, Beginning Capital
Net Income
Less: Withdrawals
Total Owner's Equity
Total Liabilities and Owner's Equity

February

15000

Fixed Assets
Equipment, Laptop
Equipment, Printer
Less: Accumulated depreciation
Total Fixed Assets
Liabilities and Owner's Equity
Current Liabilities
Accounts Payable
Accrued Expenses
Percenrage Sales Tax Returns
Income Tax Returns
Total Current Liabilities

January

1250

1250

50000
8000
12638.86
45361.14

50000
8000
13611.08
44388.92

March

April

May

June

July

August

1250

1250

1250

1250

1250

50000
8000
14583.3
43416.7

50000
8000
15555.52
42444.48

50000
8000
16527.74
41472.26

50000
8000
17499.96
40500.04

50000
8000
18472.18
39527.82

September

1250

1250

50000
50000
8000
8000
369443.6 387915.78
-311443.6 -329915.78
-

October

November

1250

December

1250

1250

50000
50000
50000
8000
8000
8000
406387.96 424860.14 443332.32
-348387.96 -366860.14 -385332.32
-

Pre operating JANUARY FEBRUARY

HOURS
1 on 1 hour
Group
SALES
1 on 1 hour
Group

Preoperating
REVENUE
Service Revenue
Less: Discounts (2%)
Total Revenues

EXPENSES
Taxes and Licenses
Fuel and Oil
Supplies
Donations
Miscellaneous
Depreciation
Amortization, Pre Operating Expenses
Total Expenses
Net Income Before Tax

66
11

82
16

13200
5500
18700

16400
8000
24400

JANUARY FEBRUARY
18700
18700

24400
24400

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000
972.22
1,250
5,522

13,178

18,878

15,000

15,000

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

110
22

55
11

66
16

77
19

110
13

132
16

121
27

22000
11000
33000

11000
5500
16500

13200
8000
21200

15400
9500
24900

22000
6500
28500

26400
8000
34400

24200
13500
37700

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

33000
33000

16500
16500

21200
21200

24900
24900

28500
28500

34400
34400

37700
37700

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000
972.22
1,250
5,522

27,478

10,978

15,678

19,378

22,978

28,878

32,178

OCTOBER NOVEMBER DECEMBER

143
16

66
11

22
5

28600
8000
36600

13200
5500
18700

4400
2500
6900

OCTOBER NOVEMBER DECEMBER

36600
36600

18700
18700

6900

1,000
300
2000
972.22
1,250
5,522

1,000
300
2000

1,000
300
2000

972.22
1,250
5,522

972.22
1,250
5,522

31,078

13,178

1,378

6900

CASH RECEIPTS
Service Revenue
Cash Allocated from Month of Sale
Less: Discount and Allowances
Total Cash Receipts
CASH DISBURSEMENTS
Taxes and Licenses
Fuel and oil
Supplies
Donations
Miscellaneous
Total Cash Disbursements
Total Cash Receipts
Total Cash Disbursements
Net Cash Flow
Beginning Cash Balance
Less: Withdrawals
Ending Cash Balance

PRE-OPERATING JANUARY
FEBRUARY MARCH
17000
22500
30000
17000
22500
30000

15000
1000
300
1000
15000

1000
300
1000
-

1000
300
1000
-

2300

2300

2300

17000
2300
14700

22500
2300
20200

30000
2300
27700

APRIL

MAY

JUNE

JULY

15000
15000

19500
19500

23000
23000

26000
26000

1000
300
1000

1000
300
1000

1000
300
1000

1000
300
1000

AUGUST
SEPTEMBER OCTOBER
31500
34500
33500
31500
34500
33500

1000
300
1000
-

1000
300
1000
-

1000
300
1000
-

2300

2300

2300

2300

2300

2300

2300

15000
2300
12700

19500
2300
17200

23000
2300
20700

26000
2300
23700

31500
2300
29200

34500
2300
32200

33500
2300
31200

NOVEMBER DECEMBER
17000
6500
17000
6500

1000
300
1000
-

1000
300
1000
-

2300

2300

17000
2300
14700

6500
2300
4200