Essay:

Essay details:

  • Subject area(s): Engineering
  • Price: Free download
  • Published on: 7th September 2019
  • File format: Text
  • Number of pages: 2

Text preview of this essay:

This page is a preview - download the full version of this essay above.

troduction

We plan to manipulate our location in the Dubai mall to our utmost advantage.  Both tax incentives and high traffic due to the Burj Khalifa will give us an edge as a new business.  As the mall fills up with new businesses over the next few years Sugar-coated dessert bar will receive an added boost of increased traffic.  Therefore, we are certainly  planning for a 40% increase in sales of the second year and possibly increase the standards of the dining.

By creating a new vibe in the restaurant industry, Sugar-coated bakery will increase sales by more than Dhs.5,32,578 over four years while keeping a gross margin of 80%. Through a philosophy of "better than the best" regarding both product and service, Sugar-coated will establish itself as an exceptional dessert bar in the UAE. we also will gain a competitive advantage in take out and catered desserts.

This plan shows our company concept, ideas and forecasted financial issues. Sugar-coated hopes to find seed money of Dhs.1,10,188 to launch our business in June of this year.(shown in US Dollar)

1.A. Objectives

1. Attain sales of Dhs.6,09,709 in the first year.

2. Increase second year sales by 50% and third year by 30%.

3. Open up to two stores by the third year of business.

4. Introduce a home delivery service by the second year.

1.B. Mission

Sugar-coated dessert cafe is an upcoming company devoted to provide high-quality desserts in a relaxed atmosphere for people who look for a fun new "gourmet" experience as and how they want it to be outside restaurants.  We intend to make enough profit to craft a fair return for our investors and to finance constant growth and development in our superiority products. We also maintain a friendly and creative work atmosphere, which holds and diversifies, new ideas, and hard work. ("Mission Statement")

1.C. Key to success

• Dedication and soothing taste to the finest quality of ingredients.

• Having a "make it happen no matter what" attitude towards customer service.

• Giving the community back what they expect.

(Kashif, Ashraf and Tauqir)

Company Summary

Sugar-coated dessert cafe is a dessert bar concept based in the center of attraction which is the Dubai mall, situated in Dubai, UAE.  It emphasizes handmade gourmet desserts in a casual and reviving atmosphere.  Watching your dessert be prepared in front of you is the unique selling point of this business. We have chosen the following means of dessert production as this particular type of cafes are not quiet noticeable in the United Arab Emirates.

2.A. Company Ownership

Sugar-coated desert cafe is a sole proprietorship seeking seed money.  Incorporation of other companies will be decided at a later date as investors are just being secured into further partners.

2.B. Start-up Summary

Our starting costs come up to $300,000 which is mostly kitchen gear, store equipment and construction, and starting inventory expenses linked with opening our first store. The start-up costs are to be financed by outside venture.

START-UP REQUIREMENTS

Start-up Expenses

Legal $1,000

Office Supplies $2,000

Commencement Inventory $5,000

Consulting agency $500

Menus, etc $1,000

Insurance $500

Rent $5,000

Design & Construction $125,000

Research and Development $1,000

Furnishings $10,000

Expensed Equipment $125,000

Dishes, silverware, glassware, etc $5,000

TOTAL START-UP EXPENSES $281,000

Start-up Assets

Cash Required $19,000

Start-up Inventory $0

Other Current Assets $0

Long-term Assets $0

TOTAL ASSETS $19,000

Total Requirements $300,000

START-UP FUNDING

Start-up Expenses to Fund $281,000

Start-up Assets to Fund $19,000

TOTAL FUNDING REQUIRED $300,000

Assets

Non-cash Assets from Start-up $0

Cash Requirements from Start-up $19,000

Additional Cash Raised $0

Cash Balance on Starting Date $19,000

TOTAL ASSETS $19,000

Liabilities and Capital

Liabilities

Current Borrowing $0

Long-term Liabilities $0

Accounts Payable (Outstanding Bills) $0

Other Current Liabilities (interest-free) $0

TOTAL LIABILITIES $0

Capital

Planned Investment

Investor 1 $300,000

Other $0

Additional Investment Requirement $0

TOTAL PLANNED INVESTMENT $300,000

Loss at Start-up (Start-up Expenses) ($281,000)

TOTAL CAPITAL $19,000

TOTAL CAPITAL AND LIABILITIES $19,000

Total Funding $300,000

Products and Services

Sugar-coated sells gourmet desserts mainly signature cupcakes coupled with outstanding customer service in a comforting atmosphere. Our main show being that the customers can dine-in and watch the chef create their dessert.  We also offer carry-out to prepare our desserts at home or have a special cake for any sort of celebration.  And every month customers can join in the fun and take a cooking class taught by some of the finest chefs. We even sell merchandise to promote the name of our cafe. (Simamora)

We will also offer special promotions such as After School specials.  Mothers will be encouraged to bring in their kids to choose any one dessert to be made by themselves taught by the chef!  Or mothers can come in with friends for some relaxing time away.  And to promote the Sugar-coated essence to our customers, as a choice for celebrating, we will offer a large table that can be reserved for parties only.

Market Analysis Summary

Sugar-coated focuses on local markets, with a special focus on restaurant and ice cream shop customers.  Downtown Dubai provides an excellent climate for our dessert bar as tourists there spend more money dining out than anywhere else in the country. (Fang and Rogerson)

4.A. Market Segmentation

Our market is divided into three different psychographics: Comfort public, Celebrators and Caring Moms(Chang).  They represent groups of people sharing similar behavior patterns and reasons for wonderful Sugar-coated appetite.

Comfort Public are mainly white collar workers who are driven by success and prestige yet miss homemade comfort sweets of their childhood.  They may stop in on their own or bring clients in for a gourmet dessert experience to share.

Celebrators are just those people celebrating special occasions.  Birthdays, anniversaries, graduation, valentine's day, etc., families or loved ones will gather at sugar-coated over luxurious desserts and a festive atmosphere.

Mothers actually combine of all family members.  Sugar-coated dessert cafe is a gathering place where families are entertained and feel comfortable.  "Moms" can come in for after school milk and cookies or a sugary delight with their children and relax while we pamper the little ones.  Or they can meet up with friends or colleagues for our Tea Time - a little civilized time stolen in the tension of a busy day.

MARKET ANALYSIS

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Potential Customers Growth CAGR

Comfort Public 10% 5,000 5,500 6,050 6,655 7,321 10.00%

Celebrators 15% 5,000 5,750 6,613 7,605 8,746 15.00%

Mothers 10% 5,000 5,500 6,050 6,655 7,321 10.00%

Total 35.00% 15,000 16,750 18,713 20,915 23,388 35.00%

4.2 Target Market Segment Strategy

We have specifically emphasized segments of people with an appreciation for delicious desserts and a need for comfort and a relaxed atmosphere.  Sugar-coated is a heaven for the busy & successful people who want to treat themselves to something soothing and tingle their taste buds!  It doesn't take a lot of time, yet it is so rewarding.  These people will value the high quality product presented without showing off.  Our customers will also appreciate the fun and fast service - whether celebrating a birthday or stopping in before shopping at the Mall before the start to the weekend. (Clancy and Lou Roberts)

4.3 Service Business Analysis

Although Sugar-coated is creating a new niche in the food service industry, we do share similarities, and therefore compete with several kinds of quick-service dessert businesses:

1. Restaurants: any restaurant offering desserts after their Main courses.

2. Ice Cream Shops: Baskin & Robbins, Ben & Jerry's, Paul, etc.

3. Donut and Coffee Shops: any place coffee and pastries are available for carry-out or dine-in consumption like Dunkin Donuts or Tim Horton's.

4. Bakeries: free-standing traditional bakeries like French Bakery.

4.3.1 Competition and Buying Patterns

Although Sugar-coated is opening up a new feeling in the restaurant industry, there is no doubt that we are competing with a huge variety of similar businesses.  We compete against the ideas that dessert is something that only follows a special dinner and needn't be any better than just a frozen cake.  We want every day to be a reason to celebrate.  And being able to watch your sugary dessert be prepared by a chef is a definitely a treat that appeals to everyone. While price may be a factor when competing against Ice Cream and Coffee Shops, these same consumers who are willing to pay 20 Dirham's for a latte or a scoop of ice cream are already aware of a better quality product.  We believe they will be equally as willing to spend a little extra for an unexpected dessert in a warm and friendly setting. (Douglas)

The comfort factor also plays an important role in consumer decisions about desserts.  Both the atmosphere and staff of Sugar-coated excel at warm & friendly.  We will use the highest quality products; sometimes paring the usual with the exotic, but we will always present our desserts in a very unintimidating manner.

Competitive Edge

Our competitive edge is our unique niche in an old market.  Although restaurants, cafes, bakeries, ice cream shops, etc have an established position in the marketplace, none are quite like Sugar-Coated.  We are offering the customers a completely new experience and far higher quality product.  Nowhere else will they find a professional  chef preparing gourmet desserts right in front of them.  The amazing popularity of the Food Network is proof of the public's new-found interest in being a spectator in the kitchen.

5.2 Sales Strategy

We need to sell the definition of the company as well as the product.  Just as ihop became synonymous with great cheesecake pancakes, Sugar-coated will come to be known as a gathering place with spectacular desserts. We have to not only sell an amazing "show" as the desserts are created by the chefs themselves, but also a hardworking service team who are knowledgeable and friendly.  People will always feel welcome and at home at this dessert cafe. (Carter and Chitturi)

Break-even Analysis

For our break-even analysis, we assume running costs including our full payroll, rent, and utilities, and an estimation of other running costs. Payroll alone, at our present run rate, is only about $4,000. (Faucher)

Margins are harder to assume that far in the future.

BREAK-EVEN ANALYSIS

Monthly Revenue Break-even $13,251

Assumptions:

Average Percent Variable Cost 19%

Estimated Monthly Fixed Cost $10,689

Projected Profit and Loss

An important assumption when calculating our P&L is the increase in sales from year to year.  We are basing our assumptions on the financial success Tim Horton's in the Dubai mall.  They reported a 50%with another store in the same mall.  Increase in sales the second year of business followed by a 30% increase the next year

It is also vital that we hold our food cost at 20% and 15% respectively for dine-in desserts and POP, carry-out and weekly lessons.  That will assure our gross margin remains high.

Projected Balance Sheet

The balance sheet is quite solid. We do not project any real trouble meeting our debt obligations - as long as we can achieve our specific objectives. We realize we've projected aggressively, but are confident the location we've chosen for Sugar-Coated, as well as the dessert bar concept itself , will be very successful.

PRO FORMA BALANCE SHEET

YEAR 1 YEAR 2 YEAR 3

Assets

Current Assets

Cash $30,969 $72,316 $151,467

Inventory $3,834 $5,637 $7,220

Other Current Assets $0 $0 $0

TOTAL CURRENT ASSETS $34,802 $77,953 $158,687

Long-term Assets

Long-term Assets $0 $0 $0

Accumulated Depreciation $0 $0 $0

TOTAL LONG-TERM ASSETS $0 $0 $0

TOTAL ASSETS $34,802 $77,953 $158,687

Liabilities and Capital Year 1 Year 2 Year 3

Current Liabilities

Accounts Payable $11,774 $12,034 $14,434

Current Borrowing $0 $0 $0

Other Current Liabilities $0 $0 $0

SUBTOTAL CURRENT LIABILITIES $11,774 $12,034 $14,434

Long-term Liabilities $0 $0 $0

TOTAL LIABILITIES $11,774 $12,034 $14,434

Paid-in Capital $300,000 $300,000 $300,000

Retained Earnings ($281,000) ($276,971) ($234,082)

Earnings $4,029 $42,890 $78,335

TOTAL CAPITAL $23,029 $65,918 $144,253

TOTAL LIABILITIES AND CAPITAL $34,802 $77,953 $158,687

Net Worth $23,029 $65,918 $144,253

Executive Summary

Sugar-coated is a dessert bar and bakery which is going to be opening soon in The Dubai Mall, UAE. We could also loosely be described as a fast service restaurant where customers sit around a bar and watch their desserts being made. The look of it, as well as the dessert is our main selling point.

Sugar-coated will hold true to its vision of being a new concept with a popular feel in order to become a favorite spot for the people of Dubai. As the Dubai mall being the center of attraction for the tourists and also having the place set up at downtown Dubai, this is definitely an optimal location for launching a new restaurant concept. The restaurant also hopes to welcome the thousands of tourists that come both foreign and American who visit Dubai each year.

Sugar-coated will be slow to hire people in the first few years of operation, but very loyal and lenient to those who are hired.  Initially all employees will be part-time as the majority of the work will be done mainly by the chef-proprietor.  As the company evolves, new employees will be trained and supervised by original employees who have been promoted to a leadership position.  It is our belief that employees who are dedicated to the success of Sugar coated should be rewarded.  They will be leaders in our future store developments as managers, C.E.O's, etc.

Sugar-coated intends to promote from within and reward the best employees with leadership roles. Our main employment goal is 4 with a goal to increase to 7 by the end of the first year, 10 the second year and 12 the third year. We realize that this is very aggressive staffing, but intend to hire cooking professionals who are used to the demands of the restaurant business mainly chefs. By this hiring attitude, we will be able to operate with fewer, but more productive employees and reward them accordingly. From that point we intend to increase the responsibilities of each employee as opposed to hiring more people.  So, rewarding those who have worked hard to establish Sugar-coated as a superior dessert shop. These people will then be vital in our expansion as we open new stores.

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

Dessert Sales 0% $12,000 $12,000 $12,000 $12,000 $12,000 $12,000 $16,000 $8,000 $12,000 $8,000 $12,000 $16,000

POP Sales 0% $200 $200 $200 $100 $100 $100 $300 $50 $500 $100 $300 $500

Carry Out 0% $300 $300 $300 $300 $300 $500 $1,000 $200 $700 $200 $500 $500

Weekly Lessons 0% $1,800 $1,800 $1,800 $900 $900 $900 $1,800 $900 $900 $900 $900 $900

TOTAL SALES $14,300 $14,300 $14,300 $13,300 $13,300 $13,500 $19,100 $9,150 $14,100 $9,200 $13,700 $17,900

Direct Cost of Sales Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Dessert Sales $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $3,200 $1,600 $2,400 $1,600 $2,400 $3,200

POP Sales $30 $30 $30 $15 $15 $15 $45 $8 $75 $15 $45 $75

Carry Out $45 $45 $45 $45 $45 $75 $150 $30 $105 $30 $75 $75

Weekly Lessons $270 $270 $270 $135 $135 $135 $270 $135 $135 $135 $135 $135

Subtotal Direct Cost of Sales $2,745 $2,745 $2,745 $2,595 $2,595 $2,625 $3,665 $1,773 $2,715 $1,780 $2,655 $3,485

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

Chef/Proprietor 0% $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400

Baker 0% $0 $0 $0 $0 $0 $560 $560 $560 $560 $560 $560 $560

Host 0% $483 $0 $0 $0 $483 $483 $483 $483 $483 $483 $483 $483

Dessert Bar Assistants 0% $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600

Dishwasher/Busser 0% $483 $483 $483 $483 $483 $483 $483 $483 $483 $483 $483 $483

TOTAL PEOPLE 4 4 4 4 4 5 5 5 5 7 7 7

Total Payroll $3,966 $3,483 $3,483 $3,483 $3,966 $4,526 $4,526 $4,526 $4,526 $4,526 $4,526 $4,526

GENERAL ASSUMPTIONS

MONTH 1 MONTH 2 MONTH 3 MONTH 4 MONTH 5 MONTH 6 MONTH 7 MONTH 8 MONTH 9 MONTH 10 MONTH 11 MONTH 12

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

PRO FORMA PROFIT AND LOSS

MNTH 1 MNTH 2 MNTH 3 MNTH 4 MNTH 5 MNTH 6 MNTH 7 MNTH 8 MNTH 9 MNTH 10 MNTH 11 MNTH 12

Sales $14,300 $14,300 $14,300 $13,300 $13,300 $13,500 $19,100 $9,150 $14,100 $9,200 $13,700 $17,900

Direct Cost of Sales $2,745 $2,745 $2,745 $2,595 $2,595 $2,625 $3,665 $1,773 $2,715 $1,780 $2,655 $3,485

Other Production Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

TOTAL COST OF SALES $2,745 $2,745 $2,745 $2,595 $2,595 $2,625 $3,665 $1,773 $2,715 $1,780 $2,655 $3,485

Gross Margin $11,555 $11,555 $11,555 $10,705 $10,705 $10,875 $15,435 $7,378 $11,385 $7,420 $11,045 $14,415

Gross Margin % 80.80% 80.80% 80.80% 80.49% 80.49% 80.56% 80.81% 80.63% 80.74% 80.65% 80.62% 80.53%

Expenses

Payroll $3,966 $3,483 $3,483 $3,483 $3,966 $4,526 $4,526 $4,526 $4,526 $4,526 $4,526 $4,526

Sales and Marketing and Other Expenses $1,000 $0 $0 $0 $0 $300 $500 $0 $0 $0 $0 $500

Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

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 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200

Rent $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000

Payroll Taxes 15% $595 $522 $522 $522 $595 $679 $679 $679 $679 $679 $679 $679

Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Operating Expenses $11,261 $9,705 $9,705 $9,705 $10,261 $11,205 $11,405 $10,905 $10,905 $10,905 $10,905 $11,405

Profit Before Interest and Taxes $294 $1,850 $1,850 $1,000 $444 ($330) $4,030 ($3,527) $480 ($3,485) $140 $3,010

EBITDA $294 $1,850 $1,850 $1,000 $444 ($330) $4,030 ($3,527) $480 ($3,485) $140 $3,010

Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Taxes Incurred $88 $555 $555 $300 $133 ($99) $1,209 ($1,058) $144 ($1,045) $42 $903

Net Profit $206 $1,295 $1,295 $700 $311 ($231) $2,821 ($2,469) $336 ($2,439) $98 $2,107

Net Profit/Sales 1.44% 9.05% 9.05% 5.26% 2.34% -1.71% 14.77% -26.99% 2.38% -26.52% 0.72% 11.77%

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 $14,300 $14,300 $14,300 $13,300 $13,300 $13,500 $19,100 $9,150 $14,100 $9,200 $13,700 $17,900

SUBTOTAL CASH FROM OPERATIONS $14,300 $14,300 $14,300 $13,300 $13,300 $13,500 $19,100 $9,150 $14,100 $9,200 $13,700 $17,900

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 $14,300 $14,300 $14,300 $13,300 $13,300 $13,500 $19,100 $9,150 $14,100 $9,200 $13,700 $17,900

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 $3,966 $3,483 $3,483 $3,483 $3,966 $4,526 $4,526 $4,526 $4,526 $4,526 $4,526 $4,526

Bill Payments $438 $13,027 $9,522 $9,503 $8,955 $9,030 $9,360 $12,644 $5,476 $9,844 $6,449 $9,870

SUBTOTAL SPENT ON OPERATIONS $4,404 $16,510 $13,005 $12,986 $12,921 $13,556 $13,886 $17,170 $10,002 $14,370 $10,975 $14,396

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 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

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 $4,404 $16,510 $13,005 $12,986 $12,921 $13,556 $13,886 $17,170 $10,002 $14,370 $10,975 $14,396

Net Cash Flow $9,896 ($2,210) $1,295 $314 $379 ($56) $5,214 ($8,020) $4,098 ($5,170) $2,725 $3,504

Cash Balance $28,896 $26,686 $27,981 $28,294 $28,674 $28,617 $33,831 $25,811 $29,910 $24,739 $27,465 $30,969

PRO FORMA BALANCE SHEET

MONTH 1 MONTH 2 MONTH 3 MONTH 4 MONTH 5 MONTH 6 MONTH 7 MONTH 8 MONTH 9 MONTH 10 MONTH 11 MONTH 12

Assets Starting Balances

Current Assets

Cash $19,000 $28,896 $26,686 $27,981 $28,294 $28,674 $28,617 $33,831 $25,811 $29,910 $24,739 $27,465 $30,969

Inventory $0 $3,020 $3,020 $3,020 $2,855 $2,855 $2,888 $4,032 $2,259 $2,987 $2,207 $2,921 $3,834

Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

TOTAL CURRENT ASSETS $19,000 $31,915 $29,705 $31,000 $31,149 $31,528 $31,505 $37,863 $28,070 $32,896 $26,946 $30,385 $34,802

Long-term Assets

Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Accumulated Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

TOTAL LONG-TERM ASSETS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

TOTAL ASSETS $19,000 $31,915 $29,705 $31,000 $31,149 $31,528 $31,505 $37,863 $28,070 $32,896 $26,946 $30,385 $34,802

Liabilities and Capital Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Current Liabilities

Accounts Payable $0 $12,709 $9,205 $9,205 $8,654 $8,722 $8,930 $12,467 $5,143 $9,633 $6,122 $9,464 $11,774

Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

SUBTOTAL CURRENT LIABILITIES $0 $12,709 $9,205 $9,205 $8,654 $8,722 $8,930 $12,467 $5,143 $9,633 $6,122 $9,464 $11,774

Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

TOTAL LIABILITIES $0 $12,709 $9,205 $9,205 $8,654 $8,722 $8,930 $12,467 $5,143 $9,633 $6,122 $9,464 $11,774

Paid-in Capital $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000 $300,000

Retained Earnings ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000) ($281,000)

Earnings $0 $206 $1,501 $2,795 $3,495 $3,806 $3,575 $6,396 $3,927 $4,263 $1,823 $1,921 $4,029

TOTAL CAPITAL $19,000 $19,206 $20,501 $21,795 $22,495 $22,806 $22,575 $25,396 $22,927 $23,263 $20,823 $20,921 $23,029

TOTAL LIABILITIES AND CAPITAL $19,000 $31,915 $29,705 $31,000 $31,149 $31,528 $31,505 $37,863 $28,070 $32,896 $26,946 $30,385 $34,802

Net Worth $19,000 $19,206 $20,501 $21,795 $22,495 $22,806 $22,575 $25,396 $22,927 $23,263 $20,823 $20,921 $23,029

References

1. "Mission Statement". Gerontology 55.1 (2009): 1-2. Web.

2. Kashif, Muhammad, Kaleem Ashraf, and Mohammed Ahmed Tauqir. "Determining The Key  Success Factors For Business School Success: The Student’S Perspective". SSRN Electronic Journal n. pag. Web.

3. Simamora, Manaek. "Business Plan Development -- An Exercise In Functional Food Products". SSRN Electronic Journal n. pag. Web.

4. Chang, Susie. "Internet Segmentation". Journal of Segmentation in Marketing 2.1 (1998): 19-34. Web.

5. Fang, Lei, and Richard Rogerson. "Product Market Regulation And Market Work: A Benchmark Analysis". SSRN Electronic Journal n. pag. Web.

6. Clancy, Kevin J., and Mary Lou Roberts. "TOWARD AN OPTIMAL MARKET TARGET: A STRATEGY FOR MARKET SEGMENTATION". Journal of Consumer Marketing 1.1 (1984): 64-73. Web.

7. Douglas, J. "Buying And Selling Power In The Age Of Competition". IEEE Power Engineering Review 14.10 (1994): 12-15. Web.

8. Carter, Franklin J., and Ravindra Chitturi. "Segmentation Based On Physician Behavior: Implications For Sales Forecasting And Marketing-Mix Strategy". Journal of Personal Selling and Sales Management 29.1 (2008): 81-95. Web.

9. Faucher, Guy. "Units For Breakeven". Science News 125.4 (1984): 51. Web.

..

...(download the rest of the essay above)

About this essay:

This essay was submitted to us by a student in order to help you with your studies.

If you use part of this page in your own work, you need to provide a citation, as follows:

Essay Sauce, . Available from:< https://www.essaysauce.com/essays/engineering/2016-3-16-1458119705.php > [Accessed 18.10.19].