1. Financial Statements
Business Plan

2. Start-Up Cost Worksheet Estimated Monthly Expenses
Starting Costs You Only Have To Pay Once
Item
Estimated Monthly Expense
Salary of owner
Fixtures and equipment
Rent
Decorating and remodeling
Advertising
Installation of fixtures and equipment
Delivery expense
Starting inventory
Supplies
Deposits with public utilities
Telephone
Legal and other professional fees
Other utilities
Licenses and permits
Insurance
Advertising and promotion
Taxes, including Social Security
Cash
Maintenance
Other
Security
Miscellaneous
TOTAL
Total Estimated Cash You Need to Start With
$2,000
$30,000
$800
$10,000
$2,000
$5,000
$1,000
$100,000
$500
$5,000
$80
$5,000
$300
$5,000
$500
$20,000
$1,000
$5,000
$1,000
$500
$1,000
$10,680
$185,000

3. Projected Quarterly Income Statement
Sales
Less Returns & Allowances
Net Sales $
Cost of Goods Sold
Gross Profit
120,000
5,000
115,000
45,000
70,000
Operating Expenses
Variable Expenses
Advertising
Automobile
Dues and Subscriptions
Legal and Accounting
Miscellaneous Expenses
Office Supplies
Security
Telephone
Utilities
Total Variable Expenses
Fixed Expenses
Depreciation
Insurance
Rent
Salaries and Payroll Taxes
Total Fixed Expenses
Total Expenses (T. Variable + T. Fixed) $
Net Income from Operations (GP - TE)
Other Income
$ 0.00
Net Profit (or loss)
6,000
15,000
3,000
1,500
1,500
900
900
30,300
500
1,500
2,400
30,000
34,400
64,700
5,300
5,300

4. Cost-of-Living Budget for an Average Month
Regular Monthly Payments
Rent or mortgage
Cars (including insurance)
Appliances/TV
Household Operating Expenses
Telephone
Gas and electricity
Water and garbage
Television/Internet
Repairs/maintenance
Food Expenses
Food-at home
Food-away from home
TOTAL $
Personal Expenses
Clothing, laundry
Medications
Doctors & dentists
Education
Dues
Gifts
Travel
Newspapers, magazines
Auto upkeep, gas
Spending money
BUDGET SUMMARY
Regular Monthly Pmt.
Household Oper. Exp.
MONTHLY TOTAL
500 50
100 20 10
640 50 40 30 60
100 70
100
360
170
640
150
170
100
250
360
250
1,420