Docstoc

Business Plan for Small Home Based Business Counseling and Training

Document Sample
Business Plan for Small Home Based Business Counseling and Training Powered By Docstoc
					Business Plan for Small
Home Based Business
Counseling and Training
This Business Plan for a Small Home Based Business Consulting and Training
company allows entrepreneurs or business owners to create a comprehensive and
professional business plan. This template form allows a business to outline the
company's objectives and detail both current company information as well as any past
performance. Companies should include a complete market analysis in their plan to
help showcase why their business strategy will be effective in the market. Future
company plans, including production targets, management strategy, and financial
forecasting, should be used to demonstrate and confirm that the company's short-term
and long-term objective can and will be met. This model plan can be customized to best
fit the unique needs of any entrepreneur or owner that is seeking to create a strong
business plan.
                                              Confidentiality Agreement

The undersigned reader acknowledges that the information provided by [Company Name]in this business plan is
confidential; therefore, reader agrees not to disclose it without the express written permission of [Company
Name].

It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in
nature, other than information which is in the public domain through other means and that any disclosure or use of
same by reader may cause serious harm or damage to [Company Name].

Upon request, this document is to be immediately returned to [Company Name].




___________________
Signature




___________________
Name (typed or printed)




___________________
Date




                          This is a business plan. It does not imply an offering of securities.




© Copyright 2012 Docstoc Inc.                                                                     1
                                                                  Table of Contents



1.0 Executive Summary...............................................................................................................................1
      Chart: Highlights .................................................................................................................................2
   1.1 Objectives ..........................................................................................................................................2
   1.2 Mission ..............................................................................................................................................2
   1.3 Keys to Success .................................................................................................................................2
2.0 Organization Summary ..........................................................................................................................2
   2.1 Legal Entity .......................................................................................................................................3
3.0 Services..................................................................................................................................................3
4.0 Market Analysis Summary ....................................................................................................................3
   4.1 Market Segmentation.........................................................................................................................3
   4.2 Target Market Segment Strategy .......................................................................................................4
   4.3 Service Providers Analysis ................................................................................................................5
5.0 Strategy and Implementation Summary ................................................................................................5
   5.1 Competitive Edge ..............................................................................................................................5
   5.2 Marketing Strategy ............................................................................................................................5
      5.3 Funding Strategy............................................................................................................................6
         Table: Funding Forecast ..............................................................................................................6
         Chart: Funding Monthly................................................................................................................6
         Chart: Funding by Year ................................................................................................................7
   5.4 Milestones..........................................................................................................................................8
      Table: Milestones.................................................................................................................................8
6.0 Management Summary ..........................................................................................................................8
   6.1 Personnel Plan ...................................................................................................................................8
7.0 Financial Plan ........................................................................................................................................9
   7.2 Break-even Analysis ..........................................................................................................................9
      Table: Break-even Analysis...............................................................................................................10
      Chart: Break-even Analysis ...............................................................................................................10
   7.3 Projected Surplus or Deficit.............................................................................................................11
      Table: Surplus and Deficit .................................................................................................................11
      Chart: Surplus Monthly .....................................................................................................................12
      Chart: Surplus Yearly ........................................................................................................................12
      Chart: Gross Surplus Monthly ...........................................................................................................13
      Chart: Gross Surplus Yearly ..............................................................................................................13
   7.4 Projected Cash Flow ........................................................................................................................14
      Table: Cash Flow ...............................................................................................................................14
      Table: Cash Flow (Continued)...........................................................................................................15
      Chart: Cash ........................................................................................................................................15
   7.5 Projected Balance Sheet ..................................................................................................................16
      Table: Balance Sheet .........................................................................................................................16
Table: Funding Forecast ..............................................................................................................................1
Table: Surplus and Deficit ...........................................................................................................................2
Table: Cash Flow .........................................................................................................................................3
      Table: Cash Flow (Continued).............................................................................................................4
Table: Balance Sheet ...................................................................................................................................5




                                                                                                                                                    Page 1
                                                [Company Name]



1.0 Executive Summary

   Organization: [Company Name]
   Contact: [Name]
   Address: [Address]
   Phone: XXX-XXX-XXXX
   Email: [Email Address]

   Purpose
   The purpose of this Business Plan is to:
   1. Set a course for the Organization's management to successfully manage, operate, and administer the
      business.
   2. Inform financing sources of the capital requirements being requested by the Organization, in addition
      to its history, its projected future, and how the requested funding would give the Organization the ability to
      add value to the local economy, help people in need and provide the community with services that'll
      ultimately put people back to work.

   The Organization
   [Company Name]is located in Clark County, IN. The Organization was established in 1985 and is headed by
   [Name] who has years of ministry experience as well as in the home based business industry. The
   Organization offers several training and counseling services to members of its community.

   [Company Name]also plans on improving the quality of life in Jeffersonville, IN by acquiring properties and
   vehicles to service members in its community who are seeking a source of income and want to start a home
   based business to support themselves and families. The Organization hopes to fund these projects through
   grants and other donated revenue.

   The Market
   [Company Name]'s target market strategy is based on becoming a destination for people in the Jeffersonville,
   IN area who are looking for training and assistance in starting a home based business. The people that seek
   the Organization's assistance desire quality services, and it's [Company Name]'s duty to deliver on their
   expectations.

   Financial Consideration
   In addition to diligently following this Business Plan to maintain the safeguards for successful business
   operations and achieve the financial projections herein, the current financial plan of [Company Name]includes
   obtaining funding through one of many financing programs in the amount of $10 million over 10 years. The
   Organization hopes to secure the requested funds sometime in the fourth quarter of 2011. It will use the
   funding to build the Believer’s Mission Learner's Center, build the Ester Estate, purchase the Believer’s
   Mission Buses, and cover its operational expenses. The Organization's funding forecast is projected to
   increase during the next three years, from $86,378 to $264,533.

   The major focus for grant funding is as follows:
   1. The Organization is minority owned business
   2. It will provide business services and career training skills
   3. It will sponsor programs that will improve the Jeffersonville, IN area
   4. The owner is a Veteran of the US Army




                                                                                                            Page 1
                                                    [Company Name]



   Chart: Highlights

                                    Highlights

        $280,000

        $240,000

        $200,000

        $160,000
                                                                                      Funding
        $120,000
                                                                                      Gross Surplus
         $80,000

         $40,000
                                                                                      Net Surplus

              $0

        ($40,000)

        ($80,000)

       ($120,000)
                         2011                2012               2013



1.1 Objectives

   [Company Name]'s main objectives are:

   1. To inform and promote information to those interested in being bill free
   2. To generate sufficient cash flow to finance future growth and development, and to provide key resources
      needed by the Organization and its owner.
   3. To expand the business at a rate that is both challenging and manageable, serving the market with
      innovation and adaptability.

1.2 Mission

   [Company Name]'s mission is to be an alternative to traditional employment using information and assistance
   of principals of spirituals origin, giving the Organization an inheritance from a higher power released into the
   entire world both HEAVEN and EARTH!

1.3 Keys to Success

   [Company Name]'s keys to success include:

         Relationships with clients (developing loyal, respectful, and intensive contact with both clients and
          potential clients).
         Marketing/strategy and networking with other professionals.
         Responsiveness to clients (fast response time for special problems).
         Quality service.
         Excellence in fulfilling the promise.

2.0 Organization Summary

   Organization: [Company Name]

                                                                                                                  Page 2
                                                [Company Name]



    Contact: [Name]
    Address: [Address]
    Phone: XXX-XXX-XXXX
    Email: [Email Address]

    [Company Name] provides home based business counseling and training services. The Organization is
    located in Jeffersonville, IN. Its goal is to catapult traditional employment into a more effective way of living
    using new millennium age home base businesses. The Organization plans to educate people in prisons
    transforming them into a more productive person, thereby eliminating a criminal element making it safer for
    citizens in the world. This also reduces the number of homeless and less fortunate population.

    The founder of the Organization is [Name], an industry professional with experience in counseling, coaching
    individuals in starting home based businesses as well as a strong missionary background. [Name] will utilize
    his knowledge and resources to develop strategies for reaching and serving business clients.

2.1 Legal Entity

    [Company Name]is a sole ownership business established in 1985 in Jeffersonville, IN. The Organization is in
    the process of becoming a non-profit organization. The owner of the Organization is [Name], who is a Minister
    of God.

3.0 Services

    [Company Name] provides counseling services for those in need to better their lives by buying home base
    business courses averaging between $35 to $1500 as tools and learning methods to accommodate the
    indigents and homeless. The owner is currently using his own money as a disabled Vet to produce funding in
    the amount of $365 a month for a period of one year to those in need. Additionally, he has dedicated his
    ministry in keeping a nonreligious and nondenominational environment for the people he helps. The
    owner wants to offer a means of funding by providing information of those who have been successful in home
    base businesses to others as a witness, it works.

4.0 Market Analysis Summary

    [Company Name]is a part of the home based business industry. The Organization will focus on educating
    future entrepreneurs in its area of Jeffersonville, IN about home based business opportunities as well as
    provide training and assistance. If the Organization can effectively reach the target market segment of
    individuals in need of their services, and provide them with the quality and conveniences that are most
    important to them, revenues should increase annually as is projected.

    The Organization's industry does not have any seasonality that affects it. Overall, [Company Name]has the
    services and professionalism necessary to flourish within its market. By delivering superior customer
    and outstanding training services, [Company Name]'s potential is excellent.




4.1 Market Segmentation

    [Company Name]'s target market strategy is based on becoming a destination for individuals located in the
    Jeffersonville, IN area who are looking for training and assistance in starting a home based
    business. [Company Name]'s home base business courses average between $35 to                 $1500. The
    Organization's marketing strategy is based on superior performance in the following areas:

       Reliable training
       Knowledgeable and professional owner

                                                                                                             Page 3
                                              [Company Name]



      Excellent customer service
      Affordability

   Customers within this industry want exceptional service and training. [Company Name]'s customers will
   appreciate the outstanding service offerings that the Organization offers, as well as the knowledgeable and
   experienced owner. Although these customers may have the option to get home based business
   training elsewhere, they will rely on [Company Name]to deliver the dedication and dependability that they
   desire.

4.2 Target Market Segment Strategy

   [Company Name]'s target market segments consist of customers within the home base business industry.
   The Organization knows that satisfied customers aid the Organization by referring its business to other clients
   who need these services. [Company Name]'s skills and capabilities will allow the Organization to effectively
   compete and build a strong reputation. Therefore, obtaining funding as well as developing a marketing
   strategy will improve the Organization's profitability levels and aid them in building a strong customer base.


   [Company Name]will utilize the methods below to reach its target market:

      Collect as much demographic data as possible on potential area service users to assist management
       in creating both immediate and long-term plans for reaching out to this market segment.
      Formulate and adopt additions and/or revisions to the marketing strategies within this Business Plan once
       sufficient demographic data has been gathered.
      Management must keep in mind that making the masses aware of the Organization is far more difficult
       and expensive than working with an existing user base. Management must take particular care in making
       certain marketing dollars are wisely spent since funds are limited.
      Construct a sophisticated website that highlights the benefits of choosing our Organization and its
       services.




                                                                                                          Page 4
                                                [Company Name]



4.3 Service Providers Analysis

   In 2009, 18.4 million Americans worked at home, an increase from 16.5 million the previous year, and over
   12% of the households in the country currently operate a home-based business. The number of home based
   franchises increased as well, from 97,405 to 98,905. The benefits of home based franchises are twofold - not
   only do you get the convenience of working out of your own home, but because there is no need for outside
   real estate, home based franchises tend to be less expensive than non-home based - few cost more than
   $50,000 to start and many cost as little as $20,000.

   The home-based business market is growing - about 350,000 more businesses are expected to start up each
   year over the next few years. Although difficult to track, home based businesses are expected to succeed for
   a three year period at a rate far higher than non home based businesses - 70% of home based businesses
   survive for at least three years versus a mere 29% for outside the home businesses. Twenty thousand
   people grossed over one million dollars in revenue operating out of their homes.

   As simple as it may be, [Company Name]'s method of offering reliable home based business counseling and
   training while also executing exceptional customer service has an important effect on the bottom line: People
   want to give their business to those who appreciate it. Skillful use of advertising, as well as a strong presence
   and communication will bring the business the Organization desires.

5.0 Strategy and Implementation Summary

   [Company Name]'s strategy is to consolidate its good customer and client service by offering quality service,
   efficiency, having the best staff and a competitive pricing structure. The Organization has clearly defined the
   target market and has differentiated itself by offering a solid solution to fulfilling its customer’s needs.
   Reasonable sales targets have been established with an implementation plan designed to ensure the goals
   set forth below are achieved.

5.1 Competitive Edge

   [Company Name] offers the following advantages to customers.

      Quality Service. The Organization provides its clients with courteous, prompt, and dependable service.
      Competitive rates. The Organization provides affordable home based business counseling and training
       options.

   [Company Name]'s hardworking and dedicated owner will definitely aid in the Organization's overall success.
   By building a business based on long-standing relationships with satisfied clients, [Company Name]will
   simultaneously build defenses against future competition. The longer the relationship stands, the more the
   Organization helps its customers understand what they offer them and why they need it.



5.2 Marketing Strategy

   [Company Name]marketing strategy involves word-of-mouth advertising as well as marketing through
   flyers, online, and in newspapers to reach all the potential clients that it can. Additionally, the Organization will
   market in church bulletins, at community events, through radio announcements, and email marketing.
   [Company Name]'s goal is to provide exceptional service to its customers. The Organization knows what each
   customer needs and aims to satisfy them.

   [Company Name]has an advantage because the owner is a superior business man that offers an in-depth
   knowledge of the home based business industry. Additionally, the owner's strong counseling and


                                                                                                                Page 5
                                                                     [Company Name]



   missionary background as well as his professional reputation will aid the Organization in achieving its sales
   goals and obtaining visibility.

5.3 Funding Strategy

   [Company Name]will have excellent customer relations and work ethics. The Company will make an effort to
   stay in line with the home based business training industry; therefore paying attention to industry rates
   and services is important. Furthermore, keeping customers happy is an implicit part of building a relationship
   that                  will                  encourage                   repeat                      business.

   [Company Name]will provide total quality control over the services it renders. The Company will further
   establish its policy of providing exceptional service to its customers and building a record of high customer
   satisfaction.

   The chart and table below shows [Company Name]'s projected Funding Forecast. Annual projections for
   three years are shown here, with first year monthly figures in the appendix.


Table: Funding Forecast

   Funding Forecast
                                                                                            2011              2012           2013
   Funding
   Business Counseling and Training                                                    $86,378            $151,162        $264,533

   Total Funding                                                                       $86,378            $151,162        $264,533




   Chart: Funding Monthly

                           Funding Monthly
     $10,000

      $9,000

      $8,000

      $7,000

      $6,000
                                                                                       Business Counseling and Training
      $5,000
                                                                                       $0
      $4,000

      $3,000

      $2,000

      $1,000

         $0
                                                   Jul
               Jan
                     Feb
                           Mar

                                 Apr


                                             Jun




                                                                     Oct
                                       May




                                                         Aug
                                                               Sep



                                                                           Nov
                                                                                 Dec




                                                                                                                           Page 6
                                   [Company Name]



Chart: Funding by Year

                Funding by Year

 $270,000

 $240,000

 $210,000

 $180,000
                                                Business Counseling and Training
 $150,000
                                                $0
 $120,000

  $90,000

  $60,000

  $30,000

      $0
              2011       2012     2013




                                                                                   Page 7
                                            [Company Name]



5.4 Milestones

   In order to achieve the growth and marketing goals that has been outlined in this business plan, [Company
   Name]has deadlines to meet and ideas to implement. These deadlines and ideas are called "milestones".
   Milestones are the most important events and/or projects that must be completed in order to ensure the
   success of [Company Name].

   Because of the critical importance of milestones to the Organization's growth, success, and operational
   efficiency, management will periodically review and update the progress that has been made in completing
   each milestone. The review and update process will include adding new milestones, deleting completed
   milestones, and revising estimated end dates and budgets.

Table: Milestones

   Milestones

   Milestone                         Start Date      End Date        Budget              Manager
   Obtain Funding                   11/30/2011      1/30/2012            $0    Rev Chauncey Lewis
   Build [Company Name]             11/30/2011      1/30/2012    $2,000,000    Rev Chauncey Lewis
   Build Ester Estate               11/30/2011      1/30/2012    $2,500,000    Rev Chauncey Lewis
   Purchase Believer’s Mission
                                    11/30/2011      1/30/2012      $250,000    Rev Chauncey Lewis
   Buses
   Cover Operational Expenses       11/30/2011      1/30/2012      $250,000    Rev Chauncey Lewis

   Totals                                                        $5,000,000

6.0 Management Summary

   [Company Name]was established in Jeffersonville, IN. In addition to the owner's extensive knowledge of
   the home based business industry, the owner brings many years of hands-on experience. Additionally, he has
   taken courses in recovery of utilities and Home Inspections before and after sales of homes. Furthermore,
   the owner's strong managerial skills, training and counseling knowledge, as well as leadership
   qualities aids him in running the business effectively.

   organization has no directors or committees. His professional background includes serving as a HAWK
   Missile Specialist and a liaison between the United States of America and all foreign countries based in
   Germany USEUR, as well as 7th Army as a Legal Noncommissioned officer Heidelberg Law Center. He was
   also an Installation Coordinator of 23 major facilities in Heidelberg, Germany, and acquired Commendation
   and Achievement Awards while in active service from 1977-1990.

   Upon honorably discharged for US Army, [Name] worked at Devry Institute of technology in Fort Dallas
   Worth, TX, as a maintenance technician. Additionally, he work in a home based business in Radcliff, KY,
   known as FINE MEATS; inventor of the Handyman Tool, an invention to conserve water waste in America.
   He also formed numerous partnerships with other religious organizations (TBN, Creflo Dollar, Rob Parsley,
   TD Jakes, Kenneth Copeland, RW Schambach, etc), and became an Ordained Minister in 1999. Currently, he
   owns [Company Name], Believer’s Mission, and ACRLPM.

6.1 Personnel Plan

   [Company Name] does not have any personnel at the moment. The owner won’t take out a personal salary or
   hire personnel at this time.




                                                                                                     Page 8
                                               [Company Name]



7.0 Financial Plan

    The current financial plan is based on the assumption of achieving desired levels of funding, in
    which [Company Name]plans to obtain funding sources in the amount of $10 million over 10 years for the
    purpose of building the [Company Name], building the Ester Estate, purchasing the Believer Mission Buses,
    and covering its operational expenses in the first year of plan implementation. Additionally, this Business Plan
    is used by the management of [Company Name]as a road map to its success. It is an indispensable tool for
    the ongoing performance and improvement of the Organization, and it will be referred to often as
    management plots its business course.

    Management commits to reviewing this Business Plan on a regular basis to make certain financial projections
    remain accurate and strategies remain pertinent as the economy, technology, communication methods, and
    customer demographics change. The three year financial projections within this Business Plan indicate that
    the Organization will have generated sufficient growth, profits, and cash to permit the Organization to continue
    to exists and prosper. Evaluation of the Organization's success will be an ongoing process involving the
    owner's monthly review of financial statements and other pertinent financial data.

7.2 Break-even Analysis

    The monthly break-even point is shown in the Break-Even Analysis Table below. The break-even analysis
    has been calculated on the "burn rate" of The Organization. [Company Name]feels that this gives the investor
    a more accurate picture of the actual risk of the venture. The Break-Even Analysis Table is based on the
    Organization's forecasted monthly expenses, cost of sales, and gross margins. It forecasts the average
    revenue (sales) level that must be achieved each month for the Organization to break-even (show neither a
    profit nor a loss).

    Even though Management's desire is to reach the break-even level every month and as early in the month as
    possible, it is unrealistic to believe that the break-even point will be achieved in every month of the
    Organization's existence. Management realizes that there are several factors that may cause monthly
    losses. The most common factors include:

       Periods of seasonally slow sales/business.
       Months in which annual or unusual expenses occur.
       During months following strategically planned personnel expansion where increases in payroll, employee
        benefits, and payroll taxes are not immediately offset by increased production, sales or profits.
       During months following strategically planned asset acquisition where increases in depreciation,
        operating expenses, and long-term loan finance charges are not immediately offset by increased
        production, sales and profits.




                                                                                                            Page 9
                                                             [Company Name]



   Management will closely follow the Financial Statement Review section of the Financial Plan contained within
   this Business Plan by reviewing the Organization's financial statements on a monthly basis. This is done to
   make certain that months without profit are the result of one of the factors listed above as opposed to a
   growing negative trend. Management will take immediate action to reverse the trend by reducing expenses,
   increasing profit margins, or increasing sales should it determine that sustained months without profit are the
   result of factors other than those listed above.

Table: Break-even Analysis


   Break-even Analysis

   Monthly Revenue Break-even                                                            $5,940

   Assumptions:
   Average Percent Variable Cost                                                            0%
   Estimated Monthly Fixed Cost                                                          $5,940




   Chart: Break-even Analysis

                                               Break-even Analysis
      $6,000


      $4,000


      $2,000


          $0


     ($2,000)


     ($4,000)




                 $0               $2,000            $4,000            $6,000            $8,000             $10,000
                         $1,000            $3,000            $5,000            $7,000             $9,000          $11,000




                                                                                                                            Page 10
                                               [Company Name]



7.3 Projected Surplus or Deficit

    The following Surplus and Deficit Table and charts illustrate [Company Name]'s funding, operating expenses,
    and surplus and deficit over the next three years. The funding for 2011, 2012, and 2013 are $86,378,
    $151,162 and $264,533, respectively. The net surplus for the same period is $15,098, ($124,199), and
    ($12,578), respectively. The percentages of the net surplus/funding for this period are 17.48%, -82.16%, and -
    4.75%,                                                                                            respectively.

    Important notes regarding Depreciation, Payroll & Miscellaneous Expenses

       The Organization's miscellaneous expenses are 3% of the operating cost.
       The depreciation expenses are reflected in the deficit showing below.
       Once the Organization receives funding to purchase property, the depreciation will be over a 27 year
        period, while the vehicles will be over a 5 year period.

Table: Surplus and Deficit


    Surplus and Deficit
                                                                  2011                2012                2013
    Funding                                                    $86,378            $151,162            $264,533
    Direct Cost                                                     $0                  $0                  $0
    Other Costs of Funding                                          $0                  $0                  $0
    Total Direct Cost                                               $0                  $0                  $0

    Gross Surplus                                              $86,378            $151,162            $264,533
    Gross Surplus %                                           100.00%             100.00%             100.00%


    Expenses
    Marketing/Promotion                                         $1,200              $1,236              $1,273
    Depreciation                                                    $0            $202,381            $202,381
    Rent                                                        $7,200              $7,200              $7,200
    Utilities                                                   $7,200              $7,416              $7,638
    Insurance                                                   $7,200              $7,200              $7,200
    Legal                                                         $240                $240                $240
    Travel                                                      $7,200              $7,416              $7,638
    Phone/Fax                                                   $2,400              $2,472              $2,546
    Repair/Maintenance                                          $2,400              $2,472              $2,546
    Equipment Expense                                           $2,940              $3,028              $3,119
    Other                                                      $33,300             $34,299             $35,328

    Total Operating Expenses                                   $71,280            $275,360            $277,110

    Surplus Before Interest and Taxes                          $15,098          ($124,199)            ($12,578)
    EBITDA                                                     $15,098             $78,182            $189,803
     Interest Expense                                               $0                  $0                   $0
     Taxes Incurred                                                 $0                  $0                   $0

    Net Surplus                                                $15,098          ($124,199)            ($12,578)
    Net Surplus/Funding                                        17.48%             -82.16%               -4.75%




                                                                                                          Page 11
                                              [Company Name]



Chart: Surplus Monthly

                                        Surplus Monthly
 $4,000

 $3,500

 $3,000

 $2,500

 $2,000

 $1,500

 $1,000

  $500

     $0

 ($500)

               Jan   Feb    Mar   Apr   May   Jun      Jul   Aug   Sep   Oct    Nov   Dec




Chart: Surplus Yearly

                                         Surplus Yearly


   $20,000

          $0

  ($20,000)

  ($40,000)

  ($60,000)

  ($80,000)

 ($100,000)

 ($120,000)
                           2011                 2012                     2013




                                                                                            Page 12
                                           [Company Name]



Chart: Gross Surplus Monthly

                                Gross Surplus Monthly
 $10,000

  $9,000

  $8,000

  $7,000

  $6,000

  $5,000

  $4,000

  $3,000

  $2,000

  $1,000

     $0
            Jan   Feb   Mar    Apr   May   Jun    Jul   Aug   Sep    Oct   Nov   Dec




Chart: Gross Surplus Yearly

                                 Gross Surplus Yearly


 $270,000

 $240,000

 $210,000

 $180,000

 $150,000

 $120,000

  $90,000

  $60,000

  $30,000

      $0
                    2011                   2012                     2013




                                                                                       Page 13
                                               [Company Name]



7.4 Projected Cash Flow

   [Company Name] is applying for funding sources in the amount of $5,000,000. [Company Name] forecast
   that it will receive the funding during the fourth quarter of 2011. During this period, the Organization will use
   the money to build the [Company Name], build the Ester Estate, purchase the Believer Mission Buses, and
   cover its operational expenses. The purchase of the property and the centers are reflected in the purchase of
   long-term assets.

   [Company Name]'s cash plan is based on the assumption that the Organization meets its funding objectives.

Table: Cash Flow

   Pro Forma Cash Flow
                                                                       2011                2012               2013
   Cash Received

   Cash from Operations
   Cash Funding                                                     $86,378           $151,162            $264,533
   Subtotal Cash from Operations                                    $86,378           $151,162            $264,533

   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                                       $2,500,000         $1,250,000          $1,250,000
   Subtotal Cash Received                                        $2,586,378         $1,401,162          $1,514,533




                                                                                                           Page 14
                                                         [Company Name]




Table: Cash Flow (Continued)

   Expenditures                                                                      2011           2012         2013

   Expenditures from Operations
   Cash Spending                                                                       $0             $0           $0
   Bill Payments                                                                  $65,538        $72,723      $74,586
   Subtotal Spent on Operations                                                   $65,538        $72,723      $74,586

   Additional Cash Spent
   Sales Tax, VAT, HST/GST Paid Out                                                 $0                $0            $0
   Principal Repayment of Current Borrowing                                         $0                $0            $0
   Other Liabilities Principal Repayment                                            $0                $0            $0
   Long-term Liabilities Principal Repayment                                        $0                $0            $0
   Purchase Other Current Assets                                                    $0                $0            $0
   Purchase Long-term Assets                                                $2,250,000        $1,250,000    $1,250,000
   Dividends                                                                        $0                $0            $0
   Subtotal Cash Spent                                                      $2,315,538        $1,322,723    $1,324,586

   Net Cash Flow                                                              $270,840           $78,439     $189,947
   Cash Balance                                                               $270,840          $349,279     $539,226



   Chart: Cash

                                        Cash
    $270,000

    $240,000

    $210,000

    $180,000
                                                                                            Net Cash Flow
    $150,000

    $120,000
                                                                                            Cash Balance

     $90,000

     $60,000

     $30,000

          $0
                                                   Jul
               Jan




                                 Apr




                                             Jun
                     Feb

                           Mar




                                                                      Oct
                                       May




                                                          Aug

                                                                Sep




                                                                            Nov

                                                                                   Dec




                                                                                                              Page 15
                                            [Company Name]



7.5 Projected Balance Sheet

   The Balance Sheet Table (below) shows the Pro-Forma Balance Sheet projections. In the appendix, the first
   twelve months are shown individually.

   [Company Name]'s net worth is $2,515,098, $3,640,899, and $4,878,322 for 2011, 2012, and 2013
   respectively. The Organization's total assets for this same period will be $2,520,840, $3,646,898, and
   $4,884,464, respectively.

Table: Balance Sheet

   Pro Forma Balance Sheet
                                                                2011               2012                2013
   Assets

   Current Assets
   Cash                                                     $270,840           $349,279           $539,226
   Other Current Assets                                           $0                 $0                 $0
   Total Current Assets                                     $270,840           $349,279           $539,226

   Long-term Assets
   Long-term Assets                                       $2,250,000         $3,500,000          $4,750,000
   Accumulated Depreciation                                       $0           $202,381            $404,762
   Total Long-term Assets                                 $2,250,000         $3,297,619          $4,345,238
   Total Assets                                           $2,520,840         $3,646,898          $4,884,464

   Liabilities and Capital                                      2011               2012                2013

   Current Liabilities
   Accounts Payable                                            $5,742             $5,998             $6,142
   Current Borrowing                                               $0                 $0                 $0
   Other Current Liabilities                                       $0                 $0                 $0
   Subtotal Current Liabilities                                $5,742             $5,998             $6,142

   Long-term Liabilities                                           $0                 $0                 $0
   Total Liabilities                                           $5,742             $5,998             $6,142

   Paid-in Capital                                        $2,500,000         $3,750,000          $5,000,000
   Accumulated Surplus/Deficit                                    $0            $15,098          ($109,101)
   Surplus/Deficit                                           $15,098         ($124,199)           ($12,578)
   Total Capital                                          $2,515,098         $3,640,899          $4,878,322
   Total Liabilities and Capital                          $2,520,840         $3,646,898          $4,884,464

   Net Worth                                              $2,515,098         $3,640,899          $4,878,322




                                                                                                   Page 16
                                                       Appendix

Table: Funding Forecast


Funding Forecast
                            Jan      Feb      Mar      Apr      May      Jun       Jul     Aug      Sep      Oct      Nov      Dec
Funding
Business Counseling and
                          $5,120   $5,427   $5,753   $6,098   $6,464   $6,852   $7,263   $7,699   $8,161   $8,651   $9,170   $9,720
Training

Total Funding             $5,120   $5,427   $5,753   $6,098   $6,464   $6,852   $7,263   $7,699   $8,161   $8,651   $9,170   $9,720




                                                                                                                             Page 1
                                                                 Appendix



Table: Surplus and Deficit


Surplus and Deficit
                                 Jan       Feb       Mar       Apr     May       Jun       Jul      Aug       Sep       Oct       Nov       Dec
Funding                       $5,120    $5,427    $5,753    $6,098   $6,464   $6,852   $7,263    $7,699    $8,161    $8,651    $9,170    $9,720
Direct Cost                       $0        $0        $0        $0       $0       $0       $0        $0        $0        $0        $0        $0
Other Costs of
                                  $0        $0        $0       $0       $0        $0       $0        $0        $0        $0        $0        $0
Funding
Total Direct Cost                 $0        $0        $0       $0       $0        $0       $0        $0        $0        $0        $0        $0

Gross Surplus                  $5,120  $5,427  $5,753  $6,098  $6,464  $6,852  $7,263  $7,699  $8,161  $8,651  $9,170  $9,720
Gross Surplus %              100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%


Expenses
Marketing/Promotion             $100      $100      $100      $100     $100     $100     $100      $100      $100      $100      $100      $100
Depreciation                      $0        $0        $0        $0       $0       $0       $0        $0        $0        $0        $0        $0
Rent                            $600      $600      $600      $600     $600     $600     $600      $600      $600      $600      $600      $600
Utilities                       $600      $600      $600      $600     $600     $600     $600      $600      $600      $600      $600      $600
Insurance                       $600      $600      $600      $600     $600     $600     $600      $600      $600      $600      $600      $600
Legal                            $20       $20       $20       $20      $20      $20      $20       $20       $20       $20       $20       $20
Travel                          $600      $600      $600      $600     $600     $600     $600      $600      $600      $600      $600      $600
Phone/Fax                       $200      $200      $200      $200     $200     $200     $200      $200      $200      $200      $200      $200
Repair/Maintenance              $200      $200      $200      $200     $200     $200     $200      $200      $200      $200      $200      $200
Equipment Expense               $245      $245      $245      $245     $245     $245     $245      $245      $245      $245      $245      $245
Other                         $2,775    $2,775    $2,775    $2,775   $2,775   $2,775   $2,775    $2,775    $2,775    $2,775    $2,775    $2,775

Total Operating
                              $5,940    $5,940    $5,940    $5,940   $5,940   $5,940   $5,940    $5,940    $5,940    $5,940    $5,940    $5,940
Expenses

Surplus Before Interest
                              ($820)    ($513)    ($187)     $158     $524      $912   $1,323    $1,759    $2,221    $2,711    $3,230    $3,780
and Taxes
EBITDA                        ($820)    ($513)    ($187)     $158     $524      $912   $1,323    $1,759    $2,221    $2,711    $3,230    $3,780
 Interest Expense                 $0        $0        $0       $0       $0        $0       $0        $0        $0        $0        $0        $0
 Taxes Incurred                   $0        $0        $0       $0       $0        $0       $0        $0        $0        $0        $0        $0

Net Surplus                    ($820)    ($513)    ($187)    $158     $524      $912    $1,323    $1,759    $2,221    $2,711    $3,230    $3,780
Net Surplus/Funding          -16.02%    -9.45%    -3.25%    2.59%    8.11%    13.31%   18.22%    22.85%    27.21%    31.34%    35.22%    38.89%


                                                                                                                                         Page 2
                                                                 Appendix

Table: Cash Flow

Pro Forma Cash Flow
                                      Jan      Feb      Mar      Apr      May      Jun       Jul     Aug      Sep      Oct       Nov      Dec
Cash Received

Cash from Operations
Cash Funding                        $5,120   $5,427   $5,753   $6,098   $6,464   $6,852   $7,263   $7,699   $8,161   $8,651   $9,170    $9,720
Subtotal Cash from
                                    $5,120   $5,427   $5,753   $6,098   $6,464   $6,852   $7,263   $7,699   $8,161   $8,651   $9,170    $9,720
Operations

Additional Cash Received
Sales Tax, VAT, HST/GST
                            0.00%      $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Received
New Current Borrowing                  $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
New Other Liabilities
                                       $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
(interest-free)
New Long-term Liabilities              $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Sales of Other Current
                                       $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Assets
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$2,500,000       $0
Subtotal Cash Received              $5,120   $5,427   $5,753   $6,098   $6,464   $6,852   $7,263   $7,699   $8,161   $8,651$2,509,170   $9,720




                                                                                                                                        Page 3
                                                               Appendix


Table: Cash Flow (Continued)

Expenditures                        Jan      Feb      Mar      Apr      May      Jun       Jul     Aug      Sep      Oct       Nov      Dec

Expenditures from
Operations
Cash Spending                        $0        $0       $0       $0       $0       $0       $0       $0       $0       $0       $0        $0
Bill Payments                      $198    $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940    $5,940
Subtotal Spent on
                                   $198    $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940    $5,940
Operations

Additional Cash Spent
Sales Tax, VAT, HST/GST
                                     $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Paid Out
Principal Repayment of
                                     $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Current Borrowing
Other Liabilities Principal
                                     $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Repayment
Long-term Liabilities Principal
                                     $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Repayment
Purchase Other Current
                                     $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0       $0
Assets
Purchase Long-term Assets            $0        $0       $0       $0       $0       $0       $0       $0       $0       $0$2,250,000       $0
Dividends                            $0        $0       $0       $0       $0       $0       $0       $0       $0       $0        $0       $0
Subtotal Cash Spent                $198    $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940   $5,940$2,255,940   $5,940

Net Cash Flow                     $4,922   ($513)   ($187)     $158     $524     $912   $1,323   $1,759 $2,221 $2,711 $253,230     $3,780
Cash Balance                      $4,922   $4,409   $4,222   $4,380   $4,904   $5,816   $7,139   $8,898 $11,119 $13,830 $267,060 $270,840




                                                                                                                                      Page 4
                                                                         Appendix

Table: Balance Sheet

Pro Forma Balance
Sheet
                                              Jan      Feb      Mar      Apr      May      Jun       Jul     Aug      Sep      Oct       Nov       Dec
                            Starting
Assets
                            Balances

Current Assets
Cash                                   $0   $4,922   $4,409   $4,222   $4,380   $4,904   $5,816   $7,139   $8,898 $11,119 $13,830 $267,060 $270,840
Other Current Assets                   $0       $0       $0       $0       $0       $0       $0       $0       $0      $0      $0       $0       $0
Total Current Assets                   $0   $4,922   $4,409   $4,222   $4,380   $4,904   $5,816   $7,139   $8,898 $11,119 $13,830 $267,060 $270,840

Long-term Assets
Long-term Assets                       $0      $0       $0       $0       $0        $0      $0       $0       $0       $0       $0$2,250,000$2,250,000
Accumulated
                                       $0      $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0        $0
Depreciation
Total Long-term Assets                 $0       $0       $0       $0       $0       $0       $0       $0       $0      $0      $0$2,250,000$2,250,000
Total Assets                           $0   $4,922   $4,409   $4,222   $4,380   $4,904   $5,816   $7,139   $8,898 $11,119 $13,830$2,517,060$2,520,840

Liabilities and Capital                       Jan      Feb      Mar      Apr      May      Jun       Jul     Aug      Sep      Oct       Nov       Dec

Current Liabilities
Accounts Payable                       $0   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742    $5,742
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
                                       $0   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742    $5,742
Liabilities

Long-term Liabilities                  $0       $0       $0       $0       $0       $0       $0       $0       $0       $0       $0       $0        $0
Total Liabilities                      $0   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742   $5,742    $5,742

Paid-in Capital                        $0      $0       $0       $0       $0        $0      $0       $0       $0       $0       $0$2,500,000$2,500,000
Accumulated
                                       $0      $0       $0       $0       $0        $0      $0       $0       $0       $0       $0        $0        $0
Surplus/Deficit
Surplus/Deficit                        $0   ($820) ($1,333) ($1,520) ($1,362)   ($838)     $74    $1,397   $3,156   $5,377   $8,088 $11,318 $15,098
Total Capital                          $0   ($820) ($1,333) ($1,520) ($1,362)   ($838)     $74    $1,397   $3,156   $5,377   $8,088$2,511,318$2,515,098
Total Liabilities and
                                       $0   $4,922   $4,409   $4,222   $4,380   $4,904   $5,816   $7,139   $8,898 $11,119 $13,830$2,517,060$2,520,840
Capital

Net Worth                              $0   ($820) ($1,333) ($1,520) ($1,362)   ($838)     $74    $1,397   $3,156   $5,377   $8,088$2,511,318$2,515,098


                                                                                                                                                Page 5
                                                               Appendix

INFORMATION AND FORMS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND
INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS
FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS,
ETC., BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF
PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE
THE MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. They are for
guidance and should be modified by you or your attorney to meet your specific needs and the laws of your state or jurisdiction. Use at
your own risk. Docstoc® is NOT providing legal or any other kind of advice and is not creating or entering into an Attorney-Client
relationship. The information, reports, and forms are not a substitute for the advice of your own attorney. The law is a personal matter
and no general information or forms or like the kind Docstoc provides can always correctly fit every circumstance.

Note: Carefully read and follow the Instructions and Comments contained in this document for your customization to suit your specific
circumstances and requirements. You will want to delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”)
after reading and following them. You (or your attorney) may want to make additional modifications to meet your specific needs and the
laws of your state. The Instructions and Comments are not a substitute for the advice of your own attorney.

◊ Where within this document you see this symbol: ◊ or an instruction states “Insert any number you choose◊,” or something similar, or
there is a blank for the user to complete, please note that although Docstoc believes the information or number may be any that the user
chooses, and that there is no law governing what the information or number should be, you might want to verify this, including by
consulting with your own attorney practicing in your state. Because the law is different from jurisdiction to jurisdiction and the laws are
subject to change, Docstoc cannot guarantee—and disclaims all guarantees—that it is correct for the information or number to be
anything that the user chooses.

The information, forms, instructions, tips, comments, decision tree alternatives and choices, reports, and services in and through Docstoc
are not legal advice, but are general information / forms on general issues often encountered designed to help Docstoc users, members,
purchasers, and subscribers address their own needs. But information, including tips, general forms, instructions, comments, decision
tree alternatives and choices, and reports, no matter how seemingly customized to conform to the laws and regulations applicable to you,
is not the same as legal advice, which may be the specific application of laws and regulations by lawyers licensed to practice law in your
state to the specific circumstances and needs of individuals and entities. Some states, counties, municipalities, and other governmental
divisions, have highly specific laws and regulations, and our information / forms / reports may not take all those specific laws and
regulations into consideration, although we tried to do so.

Docstoc is not a law firm and the employees and contractors (including attorneys, if any) of Docstoc are not acting as your attorneys, and
none of them are a substitute for the advice of your own attorney licensed to practice law in your state. The employees or contractors of
Docstoc, who wrote or modified any form, instructions, tips, comments, decision tree alternatives and choices, and reports, are NOT
providing legal or any other kind of advice and are not creating or entering into an Attorney-Client relationship. Any such form,
instruction, tips, comments, decision tree alternatives and choices, and reports were most likely NOT prepared or reviewed by an
attorney licensed to practice law in your state, and, therefore, the employees or contractors could not provide you with legal advice even
if they or Docstoc wanted to. Even though we take every reasonable effort to attempt to make sure our information / forms / reports are
accurate, up to-date, and useful, we recommend that you consult a lawyer licensed to practice law in your state if you want professional
assurance that our information, forms, instructions, tips, comments, decision tree alternatives and choices, and reports; your
interpretation of it or them; and the information and input that you provide are appropriate to your particular situation. Application of
these general principles and wording to particular circumstances should be done by a lawyer who has consulted with you in confidence,
learned all relevant information, and explored various options. Before acting on these general principles and general wording, you might
want to hire a lawyer licensed to practice law in the jurisdiction to which your question pertains. The information, forms, instructions,
tips, comments, decision tree alternatives and choices, and reports, available on and through Docstoc are not legal advice and are not
guaranteed to be correct, complete, accurate, or up-to-date. Because the law is different from jurisdiction to jurisdiction, they are subject
to changes, and there are varying interpretations and applications by different courts and governmental and administrative bodies, and
Docstoc cannot guarantee—and disclaims all guarantees—that the information, forms, and reports on or through the site and services are
completely current or accurate. Please further note that laws change and are regularly amended; therefore, the provisions, names, and
section numbers of statutes, codes, or regulations, and the types of permits or licenses within any forms or reports, may not be 100%
correct, as they may be partially or wholly out of date and some relevant ones may have been omitted or misinterpreted.
Docstoc is not permitted to engage in the practice of law. Docstoc is prohibited from providing any kind of advice, explanation,
opinion, or recommendation to a consumer about possible legal rights, remedies, defenses, options, selection, or completion of
forms or strategies.
Communications between you and Docstoc may be protected by our Privacy Policy (http://premium.docstoc.com/privacypolicy), but are
NOT protected by the attorney-client privilege or work product doctrine since Docstoc is not a law firm and is not providing legal
advice. No Docstoc employee, contractor, or attorney is authorized to provide you with any advice about what information
(again, which includes forms) to use or how to use or complete it or them.

Entire      document        copyright       ©       Docstoc®,        Inc.,      2010       -      2013        All      Right       Reserved




                                                                                                                                   Page 6
                                                               Appendix


				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:2950
posted:12/20/2011
language:English
pages:26
Description: This Business Plan for a Small Home Based Business Consulting and Training company allows entrepreneurs or business owners to create a comprehensive and professional business plan. This template form allows a business to outline the company's objectives and detail both current company information as well as any past performance. Companies should include a complete market analysis in their plan to help showcase why their business strategy will be effective in the market. Future company plans, including production targets, management strategy, and financial forecasting, should be used to demonstrate and confirm that the company's short-term and long-term objective can and will be met. This model plan can be customized to best fit the unique needs of any entrepreneur or owner that is seeking to create a strong business plan.
This document is also part of a package Building a Home Based Business 10 Documents Included