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FINANCIAL PROJECTIONS 12 22 11

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FINANCIAL PROJECTIONS 12 22 11 Powered By Docstoc
					Client Name
Sources & Uses                                                                                                     **You must also enter the loan amounts , equity amounts and
                                                                                                                      capital expenditure amounts on the appropriate cash flow statements
                    Sources                                                       Uses                               in the months they will be disbursed/purchased.

Owners Equity                                             Land                                                        Loan Amounts --> Line 32 OR Line 33 OR Line 34
Land (Equity)                                             Building                                                    Equity Amounts --> Line 35 OR Line 36
Loan 1                                                    Equipment                                                   Capital Expenditure Amounts --> Line 22 (as a NEGATIVE number)
Loan 2                                                    Inventory
Loan 3                                                    Start-Up Costs
Line of Credit                                            Goodwill
                                                          Working Capital
TOTAL                                            -        TOTAL                                              -


EXISTING DEPRECIATION                                                            per year

                                                                          -      Per Month

NEW DEPRECIATION                  Month to start:         (1=Jan, 2=Feb, etc.)


Building (39 yrs)                            -                            -      per year

                                                                          -      per month

Equipment (7 yrs)                            -                            -      per year

                                                                          -      per month

                                    Total New                             -      Per Month


EXISTING AMORTIZATION                                                            per year

                                                                          -      Per Month

NEW AMORTIZATION                  Month to start:         (1=Jan, 2=Feb, etc.)


Goodwill (5 yrs)                             -                            -      per year

                                                                          -      per month

Start-Up Costs (5 yrs)                       -                            -      per year

                                                                          -      per month

                                    Total New                             -      Per Month

Note…..
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on
information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by the State
of Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on
the statement or underlying assumptions.




      4/16/2012 13:13
Client Name
Loan Amortization Schedule


Loan Description:

Interest                         5.50%                         Prime Rate            3.25%
Loan Amt.                            -
Term                         5
Payment                          $0.00
Month Start                              **Enter month of first payment here. (1=Jan, 2=Feb, 3=Mar, Etc.)

   Payment              Interest              Principal             Balance                     Payment             Interest        Principal       Balance
  -------------        -------------         -------------         -------------               -------------       -------------   -------------   -------------
               1               $0.00                 $0.00                 $0.00                        37                 $0.00           $0.00           $0.00
               2               $0.00                 $0.00                 $0.00                        38                 $0.00           $0.00           $0.00
               3               $0.00                 $0.00                 $0.00                        39                 $0.00           $0.00           $0.00
               4               $0.00                 $0.00                 $0.00                        40                 $0.00           $0.00           $0.00
               5               $0.00                 $0.00                 $0.00                        41                 $0.00           $0.00           $0.00
               6               $0.00                 $0.00                 $0.00                        42                 $0.00           $0.00           $0.00
               7               $0.00                 $0.00                 $0.00                        43                 $0.00           $0.00           $0.00
               8               $0.00                 $0.00                 $0.00                        44                 $0.00           $0.00           $0.00
               9               $0.00                 $0.00                 $0.00                        45                 $0.00           $0.00           $0.00
              10               $0.00                 $0.00                 $0.00                        46                 $0.00           $0.00           $0.00
              11               $0.00                 $0.00                 $0.00                        47                 $0.00           $0.00           $0.00
              12               $0.00                 $0.00                 $0.00                        48                 $0.00           $0.00           $0.00
              13               $0.00                 $0.00                 $0.00                        49                 $0.00           $0.00           $0.00
              14               $0.00                 $0.00                 $0.00                        50                 $0.00           $0.00           $0.00
              15               $0.00                 $0.00                 $0.00                        51                 $0.00           $0.00           $0.00
              16               $0.00                 $0.00                 $0.00                        52                 $0.00           $0.00           $0.00
              17               $0.00                 $0.00                 $0.00                        53                 $0.00           $0.00           $0.00
              18               $0.00                 $0.00                 $0.00                        54                 $0.00           $0.00           $0.00
              19               $0.00                 $0.00                 $0.00                        55                 $0.00           $0.00           $0.00
              20               $0.00                 $0.00                 $0.00                        56                 $0.00           $0.00           $0.00
              21               $0.00                 $0.00                 $0.00                        57                 $0.00           $0.00           $0.00
              22               $0.00                 $0.00                 $0.00                        58                 $0.00           $0.00           $0.00
              23               $0.00                 $0.00                 $0.00                        59                 $0.00           $0.00           $0.00
              24               $0.00                 $0.00                 $0.00                        60                 $0.00           $0.00           $0.00
              25               $0.00                 $0.00                 $0.00
              26               $0.00                 $0.00                 $0.00
              27               $0.00                 $0.00                 $0.00
              28               $0.00                 $0.00                 $0.00
              29               $0.00                 $0.00                 $0.00
              30               $0.00                 $0.00                 $0.00
              31               $0.00                 $0.00                 $0.00
              32               $0.00                 $0.00                 $0.00
              33               $0.00                 $0.00                 $0.00
              34               $0.00                 $0.00                 $0.00
              35               $0.00                 $0.00                 $0.00
              36               $0.00                 $0.00                 $0.00

     Year                Interest            Principal
   -----------        ----------------    ------------------
        1                      $0.00                $0.00                  $0.00
        2                      $0.00                $0.00
        3                      $0.00                $0.00
        4                      $0.00                $0.00
        5                      $0.00                $0.00

                   -------------------- --------------------
Total                          $0.00                $0.00
                   ========== ===========

Note…..
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on
information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by the State
of Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on
the statement or underlying assumptions.
Client Name
Loan Amortization Schedule

Loan Description:

Interest                               5.50%                                Prime Rate           3.25%
Loan Amt.                                  -
Term                               5
Payment                                $0.00
Month Start                                      **Enter month of first payment here. (1=Jan, 2=Feb, 3=Mar, Etc.)

    Payment                   Interest                 Principal                Balance                   Payment         Interest          Principal         Balance
   -------------             -------------            -------------            -------------             -------------   -------------     -------------     -------------
                    1                  $0.00                    $0.00                    $0.00                    37               $0.00             $0.00             $0.00
                    2                  $0.00                    $0.00                    $0.00                    38               $0.00             $0.00             $0.00
                    3                  $0.00                    $0.00                    $0.00                    39               $0.00             $0.00             $0.00
                    4                  $0.00                    $0.00                    $0.00                    40               $0.00             $0.00             $0.00
                    5                  $0.00                    $0.00                    $0.00                    41               $0.00             $0.00             $0.00
                    6                  $0.00                    $0.00                    $0.00                    42               $0.00             $0.00             $0.00
                    7                  $0.00                    $0.00                    $0.00                    43               $0.00             $0.00             $0.00
                    8                  $0.00                    $0.00                    $0.00                    44               $0.00             $0.00             $0.00
                    9                  $0.00                    $0.00                    $0.00                    45               $0.00             $0.00             $0.00
                   10                  $0.00                    $0.00                    $0.00                    46               $0.00             $0.00             $0.00
                   11                  $0.00                    $0.00                    $0.00                    47               $0.00             $0.00             $0.00
                   12                  $0.00                    $0.00                    $0.00                    48               $0.00             $0.00             $0.00
                   13                  $0.00                    $0.00                    $0.00                    49               $0.00             $0.00             $0.00
                   14                  $0.00                    $0.00                    $0.00                    50               $0.00             $0.00             $0.00
                   15                  $0.00                    $0.00                    $0.00                    51               $0.00             $0.00             $0.00
                   16                  $0.00                    $0.00                    $0.00                    52               $0.00             $0.00             $0.00
                   17                  $0.00                    $0.00                    $0.00                    53               $0.00             $0.00             $0.00
                   18                  $0.00                    $0.00                    $0.00                    54               $0.00             $0.00             $0.00
                   19                  $0.00                    $0.00                    $0.00                    55               $0.00             $0.00             $0.00
                   20                  $0.00                    $0.00                    $0.00                    56               $0.00             $0.00             $0.00
                   21                  $0.00                    $0.00                    $0.00                    57               $0.00             $0.00             $0.00
                   22                  $0.00                    $0.00                    $0.00                    58               $0.00             $0.00             $0.00
                   23                  $0.00                    $0.00                    $0.00                    59               $0.00             $0.00             $0.00
                   24                  $0.00                    $0.00                    $0.00                    60               $0.00             $0.00             $0.00
                   25                  $0.00                    $0.00                    $0.00
                   26                  $0.00                    $0.00                    $0.00
                   27                  $0.00                    $0.00                    $0.00
                   28                  $0.00                    $0.00                    $0.00
                   29                  $0.00                    $0.00                    $0.00
                   30                  $0.00                    $0.00                    $0.00
                   31                  $0.00                    $0.00                    $0.00
                   32                  $0.00                    $0.00                    $0.00
                   33                  $0.00                    $0.00                    $0.00
                   34                  $0.00                    $0.00                    $0.00
                   35                  $0.00                    $0.00                    $0.00
                   36                  $0.00                    $0.00                    $0.00

      Year                     Interest                Principal
    -----------             ----------------        ------------------
         1                             $0.00                    $0.00                    $0.00
         2                             $0.00                    $0.00
         3                             $0.00                    $0.00
         4                             $0.00                    $0.00
         5                             $0.00                    $0.00

                        ------------------------ ------------------------
Total                                  $0.00                    $0.00
                             ========                 ========

Note…..
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions
provided by management. Neither the SBDC nor its personnel are licensed by the State of MN to practice public accounting and therefore express
no opinion or other form of assurance on the statements or underlying assumptions.

############
Client Name
Loan Amortization Schedule

Loan Description:

Interest                               5.50%                                Prime Rate           3.25%
Loan Amt.                                  -
Term                               5
Payment                                $0.00
Month Start                                      **Enter month of first payment here. (1=Jan, 2=Feb, 3=Mar, Etc.)

    Payment                   Interest                 Principal                Balance                   Payment         Interest          Principal         Balance
   -------------             -------------            -------------            -------------             -------------   -------------     -------------     -------------
                    1                  $0.00                    $0.00                    $0.00                    37               $0.00             $0.00             $0.00
                    2                  $0.00                    $0.00                    $0.00                    38               $0.00             $0.00             $0.00
                    3                  $0.00                    $0.00                    $0.00                    39               $0.00             $0.00             $0.00
                    4                  $0.00                    $0.00                    $0.00                    40               $0.00             $0.00             $0.00
                    5                  $0.00                    $0.00                    $0.00                    41               $0.00             $0.00             $0.00
                    6                  $0.00                    $0.00                    $0.00                    42               $0.00             $0.00             $0.00
                    7                  $0.00                    $0.00                    $0.00                    43               $0.00             $0.00             $0.00
                    8                  $0.00                    $0.00                    $0.00                    44               $0.00             $0.00             $0.00
                    9                  $0.00                    $0.00                    $0.00                    45               $0.00             $0.00             $0.00
                   10                  $0.00                    $0.00                    $0.00                    46               $0.00             $0.00             $0.00
                   11                  $0.00                    $0.00                    $0.00                    47               $0.00             $0.00             $0.00
                   12                  $0.00                    $0.00                    $0.00                    48               $0.00             $0.00             $0.00
                   13                  $0.00                    $0.00                    $0.00                    49               $0.00             $0.00             $0.00
                   14                  $0.00                    $0.00                    $0.00                    50               $0.00             $0.00             $0.00
                   15                  $0.00                    $0.00                    $0.00                    51               $0.00             $0.00             $0.00
                   16                  $0.00                    $0.00                    $0.00                    52               $0.00             $0.00             $0.00
                   17                  $0.00                    $0.00                    $0.00                    53               $0.00             $0.00             $0.00
                   18                  $0.00                    $0.00                    $0.00                    54               $0.00             $0.00             $0.00
                   19                  $0.00                    $0.00                    $0.00                    55               $0.00             $0.00             $0.00
                   20                  $0.00                    $0.00                    $0.00                    56               $0.00             $0.00             $0.00
                   21                  $0.00                    $0.00                    $0.00                    57               $0.00             $0.00             $0.00
                   22                  $0.00                    $0.00                    $0.00                    58               $0.00             $0.00             $0.00
                   23                  $0.00                    $0.00                    $0.00                    59               $0.00             $0.00             $0.00
                   24                  $0.00                    $0.00                    $0.00                    60               $0.00             $0.00             $0.00
                   25                  $0.00                    $0.00                    $0.00
                   26                  $0.00                    $0.00                    $0.00
                   27                  $0.00                    $0.00                    $0.00
                   28                  $0.00                    $0.00                    $0.00
                   29                  $0.00                    $0.00                    $0.00
                   30                  $0.00                    $0.00                    $0.00
                   31                  $0.00                    $0.00                    $0.00
                   32                  $0.00                    $0.00                    $0.00
                   33                  $0.00                    $0.00                    $0.00
                   34                  $0.00                    $0.00                    $0.00
                   35                  $0.00                    $0.00                    $0.00
                   36                  $0.00                    $0.00                    $0.00

      Year                     Interest                Principal
    -----------             ----------------        ------------------
         1                             $0.00                    $0.00                    $0.00
         2                             $0.00                    $0.00
         3                             $0.00                    $0.00
         4                             $0.00                    $0.00
         5                             $0.00                    $0.00

                        ------------------------ ------------------------
Total                                  $0.00                    $0.00
                        ==========               ===========

Note…..
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions
provided by management. Neither the SBDC nor its personnel are licensed by the State of MN to practice public accounting and therefore express
no opinion or other form of assurance on the statements or underlying assumptions.

############
Client Name
Existing Loan Amortization Schedules
                                                  Loan #1                                                             Loan #2                                                                Loan #3                                                           Loan #4                                                           Loan #5
                                                  Loan Description:                                                   Loan Description:                                                      Loan Description:                                                 Loan Description:                                                 Loan Description:

                  TOTALS                          Interest                                                            Interest                                                               Interest                                                          Interest                                                          Interest
Current Balance         -                         Current Balance                                                     Current Balance                                                        Current Balance                                                   Current Balance                                                   Current Balance
                                                  Term Remaining          20     months                               Term Remaining           20     months                                 Term Remaining          20    months                              Term Remaining          20    months                              Term Remaining          20    months
Payment                      -                    Payment                  $0.00                                      Payment                   $0.00                                        Payment                 $0.00                                     Payment                 $0.00                                     Payment                 $0.00


   Interest        Principal       Balance            Payment           Interest       Principal        Balance            Payment           Interest       Principal       Balance              Payment         Interest       Principal       Balance            Payment         Interest       Principal       Balance            Payment         Interest       Principal       Balance
  -------------   -------------   -------------      -------------    -------------   -------------   -------------       -------------    -------------   -------------   -------------        -------------  -------------   -------------   -------------      -------------  -------------   -------------   -------------      -------------  -------------   -------------   -------------
          $0.00        $0.00             $0.00             1/1/2012         $0.00             $0.00          $0.00              1/1/2012          $0.00           $0.00            $0.00              1/1/2012      $0.00           $0.00           $0.00               1/1/2012      $0.00           $0.00           $0.00               1/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             2/1/2012         $0.00             $0.00          $0.00              2/1/2012          $0.00           $0.00            $0.00              2/1/2012      $0.00           $0.00           $0.00               2/1/2012      $0.00           $0.00           $0.00               2/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             3/1/2012         $0.00             $0.00          $0.00              3/1/2012          $0.00           $0.00            $0.00              3/1/2012      $0.00           $0.00           $0.00               3/1/2012      $0.00           $0.00           $0.00               3/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             4/1/2012         $0.00             $0.00          $0.00              4/1/2012          $0.00           $0.00            $0.00              4/1/2012      $0.00           $0.00           $0.00               4/1/2012      $0.00           $0.00           $0.00               4/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             5/1/2012         $0.00             $0.00          $0.00              5/1/2012          $0.00           $0.00            $0.00              5/1/2012      $0.00           $0.00           $0.00               5/1/2012      $0.00           $0.00           $0.00               5/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             6/1/2012         $0.00             $0.00          $0.00              6/1/2012          $0.00           $0.00            $0.00              6/1/2012      $0.00           $0.00           $0.00               6/1/2012      $0.00           $0.00           $0.00               6/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             7/1/2012         $0.00             $0.00          $0.00              7/1/2012          $0.00           $0.00            $0.00              7/1/2012      $0.00           $0.00           $0.00               7/1/2012      $0.00           $0.00           $0.00               7/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             8/1/2012         $0.00             $0.00          $0.00              8/1/2012          $0.00           $0.00            $0.00              8/1/2012      $0.00           $0.00           $0.00               8/1/2012      $0.00           $0.00           $0.00               8/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             9/1/2012         $0.00             $0.00          $0.00              9/1/2012          $0.00           $0.00            $0.00              9/1/2012      $0.00           $0.00           $0.00               9/1/2012      $0.00           $0.00           $0.00               9/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            10/1/2012         $0.00             $0.00          $0.00             10/1/2012          $0.00           $0.00            $0.00             10/1/2012      $0.00           $0.00           $0.00              10/1/2012      $0.00           $0.00           $0.00              10/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            11/1/2012         $0.00             $0.00          $0.00             11/1/2012          $0.00           $0.00            $0.00             11/1/2012      $0.00           $0.00           $0.00              11/1/2012      $0.00           $0.00           $0.00              11/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            12/1/2012         $0.00             $0.00          $0.00             12/1/2012          $0.00           $0.00            $0.00             12/1/2012      $0.00           $0.00           $0.00              12/1/2012      $0.00           $0.00           $0.00              12/1/2012      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             1/1/2013         $0.00             $0.00          $0.00              1/1/2013          $0.00           $0.00            $0.00              1/1/2013      $0.00           $0.00           $0.00               1/1/2013      $0.00           $0.00           $0.00               1/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             2/1/2013         $0.00             $0.00          $0.00              2/1/2013          $0.00           $0.00            $0.00              2/1/2013      $0.00           $0.00           $0.00               2/1/2013      $0.00           $0.00           $0.00               2/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             3/1/2013         $0.00             $0.00          $0.00              3/1/2013          $0.00           $0.00            $0.00              3/1/2013      $0.00           $0.00           $0.00               3/1/2013      $0.00           $0.00           $0.00               3/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             4/1/2013         $0.00             $0.00          $0.00              4/1/2013          $0.00           $0.00            $0.00              4/1/2013      $0.00           $0.00           $0.00               4/1/2013      $0.00           $0.00           $0.00               4/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             5/1/2013         $0.00             $0.00          $0.00              5/1/2013          $0.00           $0.00            $0.00              5/1/2013      $0.00           $0.00           $0.00               5/1/2013      $0.00           $0.00           $0.00               5/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             6/1/2013         $0.00             $0.00          $0.00              6/1/2013          $0.00           $0.00            $0.00              6/1/2013      $0.00           $0.00           $0.00               6/1/2013      $0.00           $0.00           $0.00               6/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             7/1/2013         $0.00             $0.00          $0.00              7/1/2013          $0.00           $0.00            $0.00              7/1/2013      $0.00           $0.00           $0.00               7/1/2013      $0.00           $0.00           $0.00               7/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             8/1/2013         $0.00             $0.00          $0.00              8/1/2013          $0.00           $0.00            $0.00              8/1/2013      $0.00           $0.00           $0.00               8/1/2013      $0.00           $0.00           $0.00               8/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             9/1/2013         $0.00             $0.00          $0.00              9/1/2013          $0.00           $0.00            $0.00              9/1/2013      $0.00           $0.00           $0.00               9/1/2013      $0.00           $0.00           $0.00               9/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            10/1/2013         $0.00             $0.00          $0.00             10/1/2013          $0.00           $0.00            $0.00             10/1/2013      $0.00           $0.00           $0.00              10/1/2013      $0.00           $0.00           $0.00              10/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            11/1/2013         $0.00             $0.00          $0.00             11/1/2013          $0.00           $0.00            $0.00             11/1/2013      $0.00           $0.00           $0.00              11/1/2013      $0.00           $0.00           $0.00              11/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            12/1/2013         $0.00             $0.00          $0.00             12/1/2013          $0.00           $0.00            $0.00             12/1/2013      $0.00           $0.00           $0.00              12/1/2013      $0.00           $0.00           $0.00              12/1/2013      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             1/1/2014         $0.00             $0.00          $0.00              1/1/2014          $0.00           $0.00            $0.00              1/1/2014      $0.00           $0.00           $0.00               1/1/2014      $0.00           $0.00           $0.00               1/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             2/1/2014         $0.00             $0.00          $0.00              2/1/2014          $0.00           $0.00            $0.00              2/1/2014      $0.00           $0.00           $0.00               2/1/2014      $0.00           $0.00           $0.00               2/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             3/1/2014         $0.00             $0.00          $0.00              3/1/2014          $0.00           $0.00            $0.00              3/1/2014      $0.00           $0.00           $0.00               3/1/2014      $0.00           $0.00           $0.00               3/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             4/1/2014         $0.00             $0.00          $0.00              4/1/2014          $0.00           $0.00            $0.00              4/1/2014      $0.00           $0.00           $0.00               4/1/2014      $0.00           $0.00           $0.00               4/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             5/1/2014         $0.00             $0.00          $0.00              5/1/2014          $0.00           $0.00            $0.00              5/1/2014      $0.00           $0.00           $0.00               5/1/2014      $0.00           $0.00           $0.00               5/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             6/1/2014         $0.00             $0.00          $0.00              6/1/2014          $0.00           $0.00            $0.00              6/1/2014      $0.00           $0.00           $0.00               6/1/2014      $0.00           $0.00           $0.00               6/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             7/1/2014         $0.00             $0.00          $0.00              7/1/2014          $0.00           $0.00            $0.00              7/1/2014      $0.00           $0.00           $0.00               7/1/2014      $0.00           $0.00           $0.00               7/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             8/1/2014         $0.00             $0.00          $0.00              8/1/2014          $0.00           $0.00            $0.00              8/1/2014      $0.00           $0.00           $0.00               8/1/2014      $0.00           $0.00           $0.00               8/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             9/1/2014         $0.00             $0.00          $0.00              9/1/2014          $0.00           $0.00            $0.00              9/1/2014      $0.00           $0.00           $0.00               9/1/2014      $0.00           $0.00           $0.00               9/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            10/1/2014         $0.00             $0.00          $0.00             10/1/2014          $0.00           $0.00            $0.00             10/1/2014      $0.00           $0.00           $0.00              10/1/2014      $0.00           $0.00           $0.00              10/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            11/1/2014         $0.00             $0.00          $0.00             11/1/2014          $0.00           $0.00            $0.00             11/1/2014      $0.00           $0.00           $0.00              11/1/2014      $0.00           $0.00           $0.00              11/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            12/1/2014         $0.00             $0.00          $0.00             12/1/2014          $0.00           $0.00            $0.00             12/1/2014      $0.00           $0.00           $0.00              12/1/2014      $0.00           $0.00           $0.00              12/1/2014      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             1/1/2015         $0.00             $0.00          $0.00              1/1/2015          $0.00           $0.00            $0.00              1/1/2015      $0.00           $0.00           $0.00               1/1/2015      $0.00           $0.00           $0.00               1/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             2/1/2015         $0.00             $0.00          $0.00              2/1/2015          $0.00           $0.00            $0.00              2/1/2015      $0.00           $0.00           $0.00               2/1/2015      $0.00           $0.00           $0.00               2/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             3/1/2015         $0.00             $0.00          $0.00              3/1/2015          $0.00           $0.00            $0.00              3/1/2015      $0.00           $0.00           $0.00               3/1/2015      $0.00           $0.00           $0.00               3/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             4/1/2015         $0.00             $0.00          $0.00              4/1/2015          $0.00           $0.00            $0.00              4/1/2015      $0.00           $0.00           $0.00               4/1/2015      $0.00           $0.00           $0.00               4/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             5/1/2015         $0.00             $0.00          $0.00              5/1/2015          $0.00           $0.00            $0.00              5/1/2015      $0.00           $0.00           $0.00               5/1/2015      $0.00           $0.00           $0.00               5/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             6/1/2015         $0.00             $0.00          $0.00              6/1/2015          $0.00           $0.00            $0.00              6/1/2015      $0.00           $0.00           $0.00               6/1/2015      $0.00           $0.00           $0.00               6/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             7/1/2015         $0.00             $0.00          $0.00              7/1/2015          $0.00           $0.00            $0.00              7/1/2015      $0.00           $0.00           $0.00               7/1/2015      $0.00           $0.00           $0.00               7/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             8/1/2015         $0.00             $0.00          $0.00              8/1/2015          $0.00           $0.00            $0.00              8/1/2015      $0.00           $0.00           $0.00               8/1/2015      $0.00           $0.00           $0.00               8/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00             9/1/2015         $0.00             $0.00          $0.00              9/1/2015          $0.00           $0.00            $0.00              9/1/2015      $0.00           $0.00           $0.00               9/1/2015      $0.00           $0.00           $0.00               9/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            10/1/2015         $0.00             $0.00          $0.00             10/1/2015          $0.00           $0.00            $0.00             10/1/2015      $0.00           $0.00           $0.00              10/1/2015      $0.00           $0.00           $0.00              10/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            11/1/2015         $0.00             $0.00          $0.00             11/1/2015          $0.00           $0.00            $0.00             11/1/2015      $0.00           $0.00           $0.00              11/1/2015      $0.00           $0.00           $0.00              11/1/2015      $0.00           $0.00           $0.00
          $0.00        $0.00             $0.00            12/1/2015         $0.00             $0.00          $0.00             12/1/2015          $0.00           $0.00            $0.00             12/1/2015      $0.00           $0.00           $0.00              12/1/2015      $0.00           $0.00           $0.00              12/1/2015      $0.00           $0.00           $0.00




                                                   4/16/2012 13:13




NOTE…….
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC
nor its personnel are licensed by the State of MN to practice public accounting and therefore express no opinion or any other form of assurance on the satement or underlying assumptions.
Client Name
Existing Debt Schedule                                                                                                         Annual           -
                                                                                                                               Monthly          -

      Schedule of Debts, Contracts, Notes and Mortgages Payable                 As Shown on most recent balance sheet as of:
              Owed to                 Original      Origination   Current           Interest    Maturity        Monthly                  Security     Status
                                      Amount            Date      Balance            Rate         Date          Payment                             (Cur./Del.)
  1                                                                         -       0.00%                              -
  2                                                                         -       0.00%                              -
  3                                                                         -       0.00%                              -
  4                                                                         -       0.00%                              -
  5                                                                         -       0.00%                              -




      NOTE…
      The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions
      provided by management. Neither the SBDC nor its personnel are licensed by the State of MN to practice public accounting and therefore express
      no opinion or other form of assurance on the statements or underlying assumptions.
Client Name
Sales Projections
2012
                                                                                                                                                                                                             TOTAL SALES GOAL
Percent of Sales Per Month                                                                                                                                                                                                             0.00%

                                          JAN             FEB             MAR             APR              MAY             JUNE             JULY            AUG             SEPT            OCT              NOV             DEC      TOTAL
Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -

Product Name
Percent of Total Sales
Total Sales                                    -               -               -                -               -                -               -               -                -               -               -               -            -
  Less: Cost of Goods Sold                     -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                                   -               -               -                -               -                -               -               -                -               -               -               -            -
Price Per Unit                                        $        -      $        -      $         -      $        -      $         -      $        -      $        -      $         -     $         -      $        -      $        -
# Units Sold                                   -               -               -                -               -                -               -               -                -               -               -               -            -


TOTAL SALES                  0.00%             -               -               -                -               -                -               -               -                -               -               -               -            -
Less: Cost of Goods Sold     0.00%             -               -               -                -               -                -               -               -                -               -               -               -            -
GROSS PROFIT                 0.00%             -               -               -                -               -                -               -               -                -               -               -               -            -

NOTE…….                              The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC
4/16/2012                            nor its personnel are licensed by the State of MN to practice public accounting and therefore express no opinion or any other form of assurance on the satement or underlying assumptions.
Client Name                                                                                                                   Income Statement Assumptions                                          Balance Sheet Assumptions                                FOR 2011 ONLY:
Income Statement                                                                                                                      COGS %         0.00%                                       Days Receivable                                             **Enter the
2012                                                                                                                                                                                               Days Inventory                                            monthly expenses
                                                                                                                                                                                                    Days Payable                                             in the first month
                                                                                                                                                                                                                                                             projections start.
                                                                                                                                                                                                                                                             It will carry forward
Percent of Total Sales             0%              0%               0%              0%               0%              0%               0%              0%               0%              0%               0%                 0%                                the same amount
                                                                                                                                                                                                                                                             each subsequent month.
                                   JAN             FEB             MAR              APR             MAY             JUNE            JULY             AUG             SEPT              OCT             NOV             DEC          TOTAL       % of Sales
GROSS SALES                           -               -               -                -               -               -                -               -               -                 -               -               -                 -    0.00%
   Less: Cost of Goods Sold           -               -               -                -               -               -                -               -               -                 -               -               -                 -    0.00%
GROSS PROFIT (Margin)                 -               -               -                -               -               -                -               -               -                 -               -               -                 -    0.00%                      -

EXPENSES
  Accounting and Legal                                  -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Advertising                                           -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Amortization                          -               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Bank Charges                                          -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Cell Phone                                            -                -               -                -               -                -               -                -               -                -                  -           -    0.00%        % of sales on CC
  Credit Card Fees                      -               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Depreciation                          -               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%           CC Fee %
  Donations                                             -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Dues & Subscriptions                                  -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Equipment Rental                                      -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Freight                                               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Gas & Oil                                             -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Insurance                                             -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Interest - Loan Payments              -               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Internet & Website                                    -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Licenses and Permits                                  -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Miscellaneous                                         -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Office Supplies                                       -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Officer's Salary                                      -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Outside Services                                      -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Payroll                                               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Payroll Taxes (15%)                   -               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Postage                                               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Rent                                                  -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Repairs & Maintenance                                 -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Supplies                                              -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Taxes (RE)                                            -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Telephone                                             -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Training                                              -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Travel & Entertainment                                -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Uniforms                                              -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Utilities: Electricity                                -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Utilities: Heat                                       -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Utilities: Garbage                                    -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Utilities: Water/Sewer                                -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  Vehicle                                               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
  OTHER                                                                                                                                                                                                                                     -    0.00%
  OTHER                                                                                                                                                                                                                                     -    0.00%
TOTAL EXPENSES                          -               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%
OPERATING INCOME                        -               -                -               -                -               -                -               -                -               -                -                  -           -    0.00%                          0
  Other Income (Expense)                                                                                                                                                                                                                    -    0.00%
NET INCOME BEFORE TAXES                -               -                -                -               -               -                -                -               -               -                -               -               -    0.00%

NOTE…….                       The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC
4/16/2012                     nor its personnel are licensed by the State of MN to practice public accounting and therefore express no opinion or any other form of assurance on the satement or underlying assumptions.
Client Name
Comprehensive Cash Flow
2012

                                                                 JAN            FEB         MARCH           APRIL           MAY           JUNE           JULY      AUG         SEPT           OCT           NOV       DEC   TOTAL
Net Income Before Taxes                                              -              -              -              -              -              -              -      -              -             -             -      -      -
Depreciation                                                         -              -              -              -              -              -              -      -              -             -             -      -      -
Amortization                                                         -              -              -              -              -              -              -      -              -             -             -      -      -
Accounts Receivable                     decrease (increase)          -              -              -              -              -              -              -      -              -             -             -      -      -
Inventory                               decrease (increase)          -              -              -              -              -              -              -      -              -             -             -      -      -
Notes Receivable                        decrease (increase)                                                                                                                                                                    -
Other Current Assets                    decrease (increase)                                                                                                                                                                    -
Accounts Payable                        increase (decrease)          -              -              -              -              -              -              -      -              -             -             -      -      -
Accrued Payroll Tax Liabilities         increase (decrease)          -              -              -              -              -              -              -      -              -             -             -      -      -
Accrued Sales Tax Liabilities           increase (decrease)                                                                                                                                                                    -
Income Tax Payable                      increase (decrease)                                                                                                                                                                    -
Other Current Liabilities               increase (decrease)                                                                                                                                                                    -
                                                                                                                                                                                                                               -
Operating Cash Flow                                                  -              -              -              -              -              -              -      -              -             -             -      -      -

Marketable Securities/LT                decrease (increase)                                                                                                                                                                    -
Fixed Assets                            decrease (increase)                                                                                                                                                                    -
Intangible & Other Assets               decrease (increase)                                                                                                                                                                    -

Investing Cash Flow                                                  -              -              -              -              -              -              -      -              -             -             -      -      -

Cash Flow Before Financing                                           -              -              -              -              -              -              -      -              -             -             -      -      -

Note Payable - Bank (LOC)               increase (decrease)                                                                                                                                                                    -
Note Payable - Other                    increase (decrease)                                                                                                                                                                    -
Long-Term Bank Debt (Pmts)              (decrease)                   -              -              -              -              -              -              -      -              -             -             -      -      -
Long-Term Bank Debt (Loan 1)            increase                                                                                                                                                                               -
Long-Term Bank Debt (Loan 2)            increase                                                                                                                                                                               -
Long-Term Bank Debt (Loan 3)            increase                                                                                                                                                                               -
Long-Term Sub. Debt                     increase (decrease)                                                                                                                                                                    -
Contributed Capital/Land                increase (decrease)                                                                                                                                                                    -
Owner Distributions                     decrease (increase)                                                                                                                                                                    -
Adjustments to Ret. Earn.                                                                                                                                                                                                      -

Financing Cash Flow                                                  -              -              -              -              -              -              -      -              -             -             -      -      -

Comprehensive Cash Flow                                              -              -              -              -              -              -              -      -              -             -             -      -      -

Beginning Cash                                                       -              -              -              -              -              -              -      -              -             -             -      -
  Plus: Operating Cash Flow                                          -              -              -              -              -              -              -      -              -             -             -      -
  Plus: Investing Cash Flow                                          -              -              -              -              -              -              -      -              -             -             -      -
  Plus: Financing Cash Flow                                          -              -              -              -              -              -              -      -              -             -             -      -
ENDING CASH                                                          -              -              -              -              -              -              -      -              -             -             -      -      -

NOTE ……
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by
the State of Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on the statement or underlying assumptions.




                  4/16/2012 13:13
Client Name
Monthly Balance Sheets
2012

                                                 Beginning           31-Jan            28-Feb            31-Mar             30-Apr           31-May            30-Jun             31-Jul           31-Aug            30-Sep             31-Oct            30-Nov            31-Dec
CURRENT ASSETS
  Cash                                                                        -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Accounts Receivable                                                         -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Notes Receivable                                                            -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Inventory                                                                   -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Other Current Assets                                                        -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL CURRENT ASSETS                                        -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -

FIXED ASSETS
   Equipment/Land/Buildings                                                   -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
    Less: Accumulated Depreciation                                            -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL FIXED ASSETS                                          -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -

OTHER ASSETS
  Marketable Securities (Long-Term)                                           -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Intangibles (Start-Up Costs/Goodwill/Etc.)                                  -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
      Less: Accumulated Amortization                                          -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL OTHER ASSETS                                          -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -

                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL ASSETS                                                -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ==========


CURRENT LIABILITIES
  Current Portion of Long-Term Debt                                          -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Note Payable - Bank (LOC)                                                  -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Note Payable - Other                                                       -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Accrued Payroll Liabilities                                                -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Accrued Sales Tax Liabilities                                              -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Income Taxes Payable                                                       -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Other Current Liabilities                                                  -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Accounts Payable                                                           -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL CURRENT LIABILITIES                                  -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -


LONG TERM LIABILITIES
  Bank Loan 1                                                                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Bank Loan 2                                                                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Bank Loan 3                                                                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Existing Loans                                                              -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
  Subordinated Officer Debt                                                   -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL LONG TERM LIABILITIES                                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -

                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL LIABILITIES                                           -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
OWNER'S EQUITY
 Capital Stock/Owner's Equity                                                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
 Paid-In Capital                                                              -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
 Owner Distributions                                                          -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
 Retained Earnings                                                            -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL OWNER'S EQUITY                                        -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------

                                                ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- -----------------
TOTAL LIABILITIES & EQUITY                                  -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -                 -
                                                ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ==========

NOTE ……
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by the State of
Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on the statement or underlying assumptions.

                       4/16/2012 13:13
                      Out of Balance Warning               -
Client Name
Sales Projections
2013
                                                                                                                                                                                                              TOTAL SALES GOAL
Percent of Sales Per Month              0.00%             0.00%           0.00%            0.00%           0.00%            0.00%           0.00%            0.00%           0.00%            0.00%           0.00%    0.00%             0.00%

                                          JAN             FEB             MAR              APR             MAY              JUNE            JULY             AUG             SEPT             OCT             NOV                 DEC   TOTAL
Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -


TOTAL SALES                  0.00%             -               -                -               -                -               -                -               -                -               -                -               -            -
Less: Cost of Goods Sold     0.00%             -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                 0.00%             -               -                -               -                -               -                -               -                -               -                -               -            -

NOTE…….                              The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC
4/16/2012                            nor its personnel are licensed by the State of MN to practice public accounting and therefore express no opinion or any other form of assurance on the satement or underlying assumptions.
Client Name                                                                                                                 Income Statement Assumptions                                      Balance Sheet Assumptions                            FOR 2012 & 2013:
Income Statement                                                                                                                   COGS %         0.00%                                     Days Receivable                                        *Enter the total
2013                                                                                                                                                                                         Days Inventory                                        expenses where
                                                                                                                                                                                              Days Payable                                         the cell is blue.
                                                                                                                                                                                                                                                   It will divide by 12
                                                                                                                                                                                                                                                   and allocate to each
Percent of Total Sales             0%              0%              0%              0%              0%              0%              0%              0%              0%              0%              0%              0%                              month. If you change
                                                                                                                                                                                                                                                   monthly expenses,
                                  JAN             FEB             MAR             APR             MAY            JUNE            JULY             AUG             SEPT            OCT             NOV             DEC       TOTAL       % of Sales you will have to create
GROSS SALES                          -               -               -               -               -              -                -               -               -               -               -               -              -    0.00%     a SUM formula
   Less: Cost of Goods Sold          -               -               -               -               -              -                -               -               -               -               -               -              -    0.00%     in the total column.
GROSS PROFIT (Margin)                -               -               -               -               -              -                -               -               -               -               -               -              -    0.00%                     -

EXPENSES
  Accounting and Legal                  -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Advertising                           -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Amortization                          -               -               -               -               -               -               -               -               -               -               -               -           -    0.00%
  Bank Charges                          -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Cell Phone                            -               -               -               -               -               -               -               -               -               -               -               -                0.00%     % of sales on CC
  Credit Card Fees                      -               -               -               -               -               -               -               -               -               -               -               -           -    0.00%
  Depreciation                          -               -               -               -               -               -               -               -               -               -               -               -           -    0.00%         CC Fee %
  Donations                             -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Dues & Subscriptions                  -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Equipment Rental                      -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Freight                               -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Gas & Oil                             -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Insurance                             -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Interest - Loan Payments              -               -               -               -               -               -               -               -               -               -               -               -           -    0.00%
  Internet & Website                    -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Licenses and Permits                  -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Miscellaneous                         -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Office Supplies                       -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Officer's Salary                      -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Outside Services                      -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Payroll                               -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Payroll Taxes (15%)                   -               -               -               -               -               -               -               -               -               -               -               -           -    0.00%
  Postage                               -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Rent                                  -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Repairs & Maintenance                 -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Supplies                              -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Taxes (RE)                            -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Telephone                             -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Training                              -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Travel & Entertainment                -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Uniforms                              -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Utilities: Electricity                -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Utilities: Heat                       -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Utilities: Garbage                    -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Utilities: Water/Sewer                -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  Vehicle                               -               -               -               -               -               -               -               -               -               -               -               -                0.00%
  OTHER                                                                                                                                                                                                                             -    0.00%
  OTHER                                                                                                                                                                                                                             -    0.00%
TOTAL EXPENSES                          -               -               -               -               -               -               -               -               -               -               -               -           -    0.00%
NET INCOME BEFORE TAXES                 -               -               -               -               -               -               -               -               -               -               -               -           -    0.00%                    0
  Other Income (Expense)                                                                                                                                                                                                            -    0.00%
NET INCOME BEFORE TAXES                -               -               -              -               -               -               -                 -              -               -               -               -            -    0.00%

NOTE…….                       The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC
4/16/2012                     nor its personnel are licensed by the State of MN to practice public accounting and therefore express no opinion or any other form of assurance on the satement or underlying assumptions.
Client Name
Comprehensive Cash Flow
2013

                                                                 JAN            FEB          MARCH           APRIL           MAY           JUNE           JULY         AUG     SEPT           OCT            NOV      DEC   TOTAL
Net Income Before Taxes                                               -              -              -              -              -              -                 -     -           -             -              -     -      -
Depreciation                                                          -              -              -              -              -              -                 -     -           -             -              -     -      -
Amortization                                                          -              -              -              -              -              -                 -     -           -             -              -     -      -
Accounts Receivable                     decrease (increase)           -              -              -              -              -              -                 -     -           -             -              -     -      -
Inventory                               decrease (increase)           -              -              -              -              -              -                 -     -           -             -              -     -      -
Notes Receivable                        decrease (increase)                                                                                                                                                                    -
Other Current Assets                    decrease (increase)                                                                                                                                                                    -
Accounts Payable                        increase (decrease)           -              -              -              -              -              -                 -     -           -             -              -     -      -
Accrued Payroll Tax Liabilities         increase (decrease)           -              -              -              -              -              -                 -     -           -             -              -     -      -
Accrued Sales Tax Liabilities           increase (decrease)                                                                                                                                                                    -
Income Tax Payable                      increase (decrease)                                                                                                                                                                    -
Other Current Liabilities               increase (decrease)                                                                                                                                                                    -
                                                                                                                                                                                                                               -
Operating Cash Flow                                                   -              -              -              -              -              -                 -     -           -             -              -     -      -

Marketable Securities/LT                decrease (increase)                                                                                                                                                                    -
Fixed Assets                            decrease (increase)                                                                                                                                                                    -
Intangible & Other Assets               decrease (increase)                                                                                                                                                                    -

Investing Cash Flow                                                   -              -              -              -              -              -                 -     -           -             -              -     -      -

Cash Flow Before Financing                                            -              -              -              -              -              -                 -     -           -             -              -     -      -

Note Payable - Bank (LOC)               increase (decrease)                                                                                                                                                                    -
Note Payable - Other                    increase (decrease)                                                                                                                                                                    -
Long-Term Bank Debt                     increase (decrease)           -              -              -              -              -              -                 -     -           -             -              -     -      -
Long-Term Sub. Debt                     increase (decrease)                                                                                                                                                                    -
Contributed Capital/Land                increase (decrease)                                                                                                                                                                    -
Owner Distributions                     decrease (increase)                                                                                                                                                                    -
Adjustments to Ret. Earn.                                                                                                                                                                                                      -

Financing Cash Flow                                                   -              -              -              -              -              -                 -     -           -             -              -     -      -

Comprehensive Cash Flow                                               -              -              -              -              -              -                 -     -           -             -              -     -      -

Beginning Cash                                                        -              -              -              -              -              -                 -     -           -             -              -     -
  Plus: Operating Cash Flow                                           -              -              -              -              -              -                 -     -           -             -              -     -
  Plus: Investing Cash Flow                                           -              -              -              -              -              -                 -     -           -             -              -     -
  Plus: Financing Cash Flow                                           -              -              -              -              -              -                 -     -           -             -              -     -
ENDING CASH                                                           -              -              -              -              -              -                 -     -           -             -              -     -      -

NOTE ……
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by
the State of Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on the statement or underlying assumptions.




                   4/16/2012 13:13
Client Name
Monthly Balance Sheets
2013

                                                  Beginning          31-Jan           28-Feb           31-Mar           30-Apr           31-May           30-Jun            31-Jul          31-Aug           30-Sep            31-Oct          30-Nov            31-Dec
CURRENT ASSETS
  Cash                                                      -                -                -                -                -                -                -                -                -                -                -                -                -
  Accounts Receivable                                       -                -                -                -                -                -                -                -                -                -                -                -                -
  Notes Receivable                                          -                -                -                -                -                -                -                -                -                -                -                -                -
  Inventory                                                 -                -                -                -                -                -                -                -                -                -                -                -                -
  Other Current Assets                                      -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL CURRENT ASSETS                                        -                -                -                -                -                -                -                -                -                -                -                -                -

FIXED ASSETS
   Equipment/Land/Buildings                                 -                -                -                -                -                -                -                -                -                -                -                -                -
    Less: Accumulated Depreciation                          -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL FIXED ASSETS                                          -                -                -                -                -                -                -                -                -                -                -                -                -

OTHER ASSETS
  Marketable Securities (Long-Term)                         -                -                -                -                -                -                -                -                -                -                -                -                -
  Intangibles (Start-Up Costs/Goodwill/Etc.)                -                -                -                -                -                -                -                -                -                -                -                -                -
     Less: Accumulated Amortization                         -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL OTHER ASSETS                                          -                -                -                -                -                -                -                -                -                -                -                -                -

                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL ASSETS                                                -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ==========


CURRENT LIABILITIES
  Current Portion of Long-Term Debt                        -                -                -                -                -                 -                -                -                -                -                -                -                -
  Note Payable - Bank (LOC)                                -                -                -                -                -                 -                -                -                -                -                -                -                -
  Note Payable - Other                                     -                -                -                -                -                 -                -                -                -                -                -                -                -
  Accrued Payroll Liabilities                              -                -                -                -                -                 -                -                -                -                -                -                -                -
  Accrued Sales Tax Liabilities                            -                -                -                -                -                 -                -                -                -                -                -                -                -
  Income Taxes Payable                                     -                -                -                -                -                 -                -                -                -                -                -                -                -
  Other Current Liabilities                                -                -                -                -                -                 -                -                -                -                -                -                -                -
  Accounts Payable                                         -                -                -                -                -                 -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL CURRENT LIABILITIES                                  -                -                -                -                -                 -                -                -                -                -                -                -                -


LONG TERM LIABILITIES
  Bank Loan 1                                               -                -                -                -                -                -                -                -                -                -                -                -                -
  Bank Loan 2                                               -                -                -                -                -                -                -                -                -                -                -                -                -
  Bank Loan 3                                               -                -                -                -                -                -                -                -                -                -                -                -                -
  Existing Loans                                            -                -                -                -                -                -                -                -                -                -                -                -                -
  Subordinated Officer Debt                                 -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL LONG TERM LIABILITIES                                 -                -                -                -                -                -                -                -                -                -                -                -                -

                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL LIABILITIES                                           -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
OWNER'S EQUITY
 Capital Stock/Owner's Equity                               -                -                -                -                -                -                -                -                -                -                -                -                -
 Paid-In Capital                                            -                -                -                -                -                -                -                -                -                -                -                -                -
 Owner Distributions                                        -                -                -                -                -                -                -                -                -                -                -                -                -
 Retained Earnings                                          -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL OWNER'S EQUITY                                        -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------

                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL LIABILITIES & EQUITY                                  -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ==========

NOTE ……
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by the State of
Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on the statement or underlying assumptions.

                        4/16/2012 13:13
Client Name
Sales Projections
2014
                                                                                                                                                                                                              TOTAL SALES GOAL
Percent of Sales Per Month              0.00%             0.00%           0.00%            0.00%           0.00%            0.00%           0.00%            0.00%           0.00%            0.00%           0.00%    0.00%             0.00%

                                          JAN             FEB             MAR              APR             MAY              JUNE            JULY             AUG             SEPT             OCT             NOV                 DEC   TOTAL
Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -

Product Name
Percent of Total Sales        0%
Total Sales                                    -               -                -               -                -               -                -               -                -               -                -               -            -
  Less: Cost of Goods Sold                     -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                                   -               -                -               -                -               -                -               -                -               -                -               -            -
Price Per Unit                                        $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -      $         -      $        -
# Units Sold                                   -               -                -               -                -               -                -               -                -               -                -               -            -


TOTAL SALES                  0.00%             -               -                -               -                -               -                -               -                -               -                -               -            -
Less: Cost of Goods Sold     0.00%             -               -                -               -                -               -                -               -                -               -                -               -            -
GROSS PROFIT                 0.00%             -               -                -               -                -               -                -               -                -               -                -               -            -

NOTE…….                              The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC
4/16/2012                            nor its personnel are licensed by the State of MN to practice public accounting and therefore express no opinion or any other form of assurance on the satement or underlying assumptions.
Client Name                                                                                                                  Income Statement Assumptions                                         Balance Sheet Assumptions                           FOR 2012 & 2013:
Income Statement                                                                                                                     COGS %         0.00%                                      Days Receivable                                        *Enter the total
2014                                                                                                                                                                                             Days Inventory                                       expenses where
                                                                                                                                                                                                  Days Payable                                        the cell is blue.
                                                                                                                                                                                                                                                      It will divide by 12
                                                                                                                                                                                                                                                      and allocate to each
Percent of Total Sales             0%              0%              0%               0%              0%              0%               0%              0%              0%               0%              0%              0%                              month. If you change
                                                                                                                                                                                                                                                      monthly expenses,
                                   JAN             FEB             MAR             APR             MAY             JUNE            JULY             AUG             SEPT             OCT             NOV              DEC      TOTAL       % of Sales you will have to create
GROSS SALES                           -               -               -               -               -               -               -                -               -                -               -                -             -    0.00%     a SUM formula
   Less: Cost of Goods Sold           -               -               -               -               -               -               -                -               -                -               -                -             -    0.00%     in the total column.
GROSS PROFIT (Margin)                 -               -               -               -               -               -               -                -               -                -               -                -             -    0.00%                     -

EXPENSES
  Accounting and Legal                  -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Advertising                           -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Amortization                          -               -               -                -               -               -                -               -               -                -               -               -           -    0.00%
  Bank Charges                          -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Cell Phone                            -               -               -                -               -               -                -               -               -                -               -               -                0.00%      % of sales on CC
  Credit Card Fees                      -               -               -                -               -               -                -               -               -                -               -               -           -    0.00%
  Depreciation                          -               -               -                -               -               -                -               -               -                -               -               -           -    0.00%         CC Fee %
  Donations                             -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Dues & Subscriptions                  -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Equipment Rental                      -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Freight                               -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Gas & Oil                             -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Insurance                             -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Interest - Loan Payments              -               -               -                -               -               -                -               -               -                -               -               -           -    0.00%
  Internet & Website                    -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Licenses and Permits                  -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Miscellaneous                         -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Office Supplies                       -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Officer's Salary                      -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Outside Services                      -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Payroll                               -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Payroll Taxes (15%)                   -               -               -                -               -               -                -               -               -                -               -               -           -    0.00%
  Postage                               -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Rent                                  -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Repairs & Maintenance                 -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Supplies                              -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Taxes (RE)                            -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Telephone                             -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Training                              -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Travel & Entertainment                -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Uniforms                              -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Utilities: Electricity                -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Utilities: Heat                       -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Utilities: Garbage                    -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Utilities: Water/Sewer                -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  Vehicle                               -               -               -                -               -               -                -               -               -                -               -               -                0.00%
  OTHER                                                                                                                                                                                                                                -    0.00%
  OTHER                                                                                                                                                                                                                                -    0.00%
TOTAL EXPENSES                          -               -               -                -               -               -                -               -               -                -               -               -           -    0.00%
NET INCOME BEFORE TAXES                 -               -               -                -               -               -                -               -               -                -               -               -           -    0.00%                     0
  Other Income (Expense)                                                                                                                                                                                                               -    0.00%
NET INCOME BEFORE TAXES                -               -               -                -               -               -               -                 -              -                -               -                -           -    0.00%

NOTE…….                       The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC
4/16/2012                     nor its personnel are licensed by the State of MN to practice public accounting and therefore express no opinion or any other form of assurance on the satement or underlying assumptions.
Client Name
Comprehensive Cash Flow
2014

                                                               JAN            FEB         MARCH           APRIL          MAY           JUNE           JULY         AUG     SEPT           OCT           NOV           DEC   TOTAL
Net Income Before Taxes                                             -             -              -              -             -              -              -        -           -             -             -          -      -
Depreciation                                                        -             -              -              -             -              -              -        -           -             -             -          -      -
Amortization                                                        -             -              -              -             -              -              -        -           -             -             -          -      -
Accounts Receivable                    decrease (increase)          -             -              -              -             -              -              -        -           -             -             -          -      -
Inventory                              decrease (increase)          -             -              -              -             -              -              -        -           -             -             -          -      -
Notes Receivable                       decrease (increase)                                                                                                                                                                     -
Other Current Assets                   decrease (increase)                                                                                                                                                                     -
Accounts Payable                       increase (decrease)          -             -              -              -             -              -              -        -           -             -             -          -      -
Accrued Payroll Tax Liabilities        increase (decrease)          -             -              -              -             -              -              -        -           -             -             -          -      -
Accrued Sales Tax Liabilities          increase (decrease)                                                                                                                                                                     -
Income Tax Payable                     increase (decrease)                                                                                                                                                                     -
Other Current Liabilities              increase (decrease)                                                                                                                                                                     -
                                                                                                                                                                                                                               -
Operating Cash Flow                                                 -             -              -              -             -              -              -        -           -             -             -          -      -

Marketable Securities/LT               decrease (increase)                                                                                                                                                                     -
Fixed Assets                           decrease (increase)                                                                                                                                                                     -
Intangible & Other Assets              decrease (increase)                                                                                                                                                                     -

Investing Cash Flow                                                 -             -              -              -             -              -              -        -           -             -             -          -      -

Cash Flow Before Financing                                          -             -              -              -             -              -              -        -           -             -             -          -      -

Note Payable - Bank (LOC)              increase (decrease)                                                                                                                                                                     -
Note Payable - Other                   increase (decrease)                                                                                                                                                                     -
Long-Term Bank Debt                    increase (decrease)          -             -              -              -             -              -              -        -           -             -             -          -      -
Long-Term Sub. Debt                    increase (decrease)                                                                                                                                                                     -
Contributed Capital/Land               increase (decrease)                                                                                                                                                                     -
Owner Distributions                    decrease (increase)                                                                                                                                                                     -
Adjustments to Ret. Earn.                                                                                                                                                                                                      -

Financing Cash Flow                                                 -             -              -              -             -              -              -        -           -             -             -          -      -

Comprehensive Cash Flow                                             -             -              -              -             -              -              -        -           -             -             -          -      -

Beginning Cash                                                      -             -              -              -             -              -              -        -           -             -             -          -
  Plus: Operating Cash Flow                                         -             -              -              -             -              -              -        -           -             -             -          -
  Plus: Investing Cash Flow                                         -             -              -              -             -              -              -        -           -             -             -          -
  Plus: Financing Cash Flow                                         -             -              -              -             -              -              -        -           -             -             -          -
ENDING CASH                                                         -             -              -              -             -              -              -        -           -             -             -          -      -

NOTE ……
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by
the State of Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on the statement or underlying assumptions.




                   4/16/2012 13:13
Client Name
Monthly Balance Sheets
2014

                                                  Beginning          31-Jan           28-Feb           31-Mar           30-Apr           31-May           30-Jun            31-Jul          31-Aug           30-Sep            31-Oct          30-Nov            31-Dec
CURRENT ASSETS
  Cash                                                      -                -                -                -                -                -                -                -                -                -                -                -                -
  Accounts Receivable                                       -                -                -                -                -                -                -                -                -                -                -                -                -
  Notes Receivable                                          -                -                -                -                -                -                -                -                -                -                -                -                -
  Inventory                                                 -                -                -                -                -                -                -                -                -                -                -                -                -
  Other Current Assets                                      -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL CURRENT ASSETS                                        -                -                -                -                -                -                -                -                -                -                -                -                -

FIXED ASSETS
   Equipment/Land/Buildings                                 -                -                -                -                -                -                -                -                -                -                -                -                -
    Less: Accumulated Depreciation                          -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL FIXED ASSETS                                          -                -                -                -                -                -                -                -                -                -                -                -                -

OTHER ASSETS
  Marketable Securities (Long-Term)                         -                -                -                -                -                -                -                -                -                -                -                -                -
  Intangibles (Start-Up Costs/Goodwill/Etc.)                -                -                -                -                -                -                -                -                -                -                -                -                -
     Less: Accumulated Amortization                         -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL OTHER ASSETS                                          -                -                -                -                -                -                -                -                -                -                -                -                -

                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL ASSETS                                                -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ==========


CURRENT LIABILITIES
  Current Portion of Long-Term Debt                        -                -                -                -                -                 -                -                -                -                -                -                -                -
  Note Payable - Bank (LOC)                                -                -                -                -                -                 -                -                -                -                -                -                -                -
  Note Payable - Other                                     -                -                -                -                -                 -                -                -                -                -                -                -                -
  Accrued Payroll Liabilities                              -                -                -                -                -                 -                -                -                -                -                -                -                -
  Accrued Sales Tax Liabilities                            -                -                -                -                -                 -                -                -                -                -                -                -                -
  Income Taxes Payable                                     -                -                -                -                -                 -                -                -                -                -                -                -                -
  Other Current Liabilities                                -                -                -                -                -                 -                -                -                -                -                -                -                -
  Accounts Payable                                         -                -                -                -                -                 -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL CURRENT LIABILITIES                                  -                -                -                -                -                 -                -                -                -                -                -                -                -


LONG TERM LIABILITIES
  Bank Loan 1                                               -                -                -                -                -                -                -                -                -                -                -                -                -
  Bank Loan 2                                               -                -                -                -                -                -                -                -                -                -                -                -                -
  Bank Loan 3                                               -                -                -                -                -                -                -                -                -                -                -                -                -
  Existing Loans                                            -                -                -                -                -                -                -                -                -                -                -                -                -
  Subordinated Officer Debt                                 -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL LONG TERM LIABILITIES                                 -                -                -                -                -                -                -                -                -                -                -                -                -

                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL LIABILITIES                                           -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
OWNER'S EQUITY
 Capital Stock/Owner's Equity                               -                -                -                -                -                -                -                -                -                -                -                -                -
 Paid-In Capital                                            -                -                -                -                -                -                -                -                -                -                -                -                -
 Owner Distributions                                        -                -                -                -                -                -                -                -                -                -                -                -                -
 Retained Earnings                                          -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL OWNER'S EQUITY                                        -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------

                                                 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ----------------
TOTAL LIABILITIES & EQUITY                                  -                -                -                -                -                -                -                -                -                -                -                -                -
                                                 ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ========== ==========

NOTE ……
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions provided by management. Neither the SBDC nor its personnel are licensed by the State of
Minnesota to practice public accounting and therefore express no opinion or any other form of assurance on the statement or underlying assumptions.

                        4/16/2012 13:13
Client Name
Ratios
2012-2014


      Ratio                    Formula                  2012             2013           2014                                  Significance                                  Industry
                                                                                                                                                                            NAICS #
                                                                    Balance Sheet Ratios

                            Current Assets                                                         Measures Solvency: e.g. a ratio of 1.76 means that for every $1
     Current                                                  -                -               -
                           Current Liabilities                                                     of current liabilities, the Co. has $1.76 in Current Assets with which
                                                                                                   to pay
                          (Cash + Accts Rec)                                                       Measures Liquididity: e.g. a ratio of 1.14 means that for every
      Quick                                                   -                -               -
                           Current Liabilites                                                      $1 of current liabilities, the Co. has $1.14 in Cash & AR with which
                                                                                                   to pay
                            Total Liabilities                                                      Measures Financial Risk: e.g. a ratio of 1.05 means that for every
  Debt-to-Equity                                              -                -               -
                            Owner's Equity                                                         $1 of owner's equity, the Co. owes $1.05 in debt to its creditors


                                                                  Income Statement Ratios

                              Gross Profit                                                         Measures Gross Profitability: e.g. a ratio of 34.4% means that for
  Gross Margin                                         0.00%             0.00%         0.00%
                                 Sales                                                             every $1 of sales, the Co. produces 34.4 cents of gross profit

                         Net Profit Before Tax                                                     Measures Net Profitability: e.g. a ratio of 2.9% means that for
    Net Margin                                         0.00%             0.00%         0.00%
                                Sales                                                              every $1 of sales, the Co. produces 2.9 cents of gross profit


                                                                  Overall Efficiency Ratios

                                 Sales                                                             Measure Efficiency of Total Assets in Generating Sales: e.g. a ratio
 Sales-to-Assets                                              -                -               -
                              Total Assets                                                         of 2.35 means that for every $1 invested in total assets, the Co.
                                                                                                   generates $2.35 in total sales
                         Net Profit Before Tax                                                     Measure Efficiency of Total Assets in Generating Net Profit: e.g. a
Return on Assets                                       0.00%             0.00%         0.00%
                             Total Assets                                                          ratio of 7.1% means that for every $1 invested in total assets, the
                                                                                                   Co. generates 7.1 cents in Net Profit Before Tax
   Return on             Net Profit Before Tax                                                     Measure Efficiency of Owner's Equity in Generating Net Profit: e.g. a
                                                       0.00%             0.00%         0.00%
   Investment              Owner's Equity                                                          ratio of 16.1% means that for every $1 invested in owner's equity, the
                                                                                                   Co. generates 16.1 cents in Net Profit Before Tax
                                                                  Specific Efficiency Ratios

    Inventory             Cost of Goods Sold                                                       Measures the Rate at Which Inventory is Being Used on an Annual
                                                              -                -               -
    Turnover                   Inventory                                                           Basis: e.g. a ratio of 9.81 means that the average dollar volume of
                                                                                                   inventory is used up almost ten times during the fiscal year
    Inventory                    360                                                               Measures the Average Number of Days that Inventory Remains in
                                                          0                0               0
    Turn-Days             Inventory Turnover                                                       Stock: e.g. a ratio of 37 means that the Co. keeps an average of 37
                                                                                                   days worth of inventory on hand throughout the year.
   Accts. Rec.                  Sales                                                              Measures the Rate at Which Accts. Rec. are Being Collected: e.g. a
                                                              -                -               -
    Turnover                  Accts. Rec.                                                          ratio of 8.00 means that the average dollar volume of Accts. Rec. are
                                                                                                   collected 8 times during the year
 Avg. Collection                 360                                                               Measures the Average Number of Days that the Co. Must Wait for
                                                          0                0               0
     Period              Accts. Rec. Turnover                                                      Its Accts. Rec. to be Paid: e.g. a ratio of 45 means that it takes the
                                                                                                   45 days on average to collect its receivables
   Accts. Pay.            Cost of Goods Sold                                                       Measures the Rate at Which Accts. Pay. Are Being Paid: e.g. a
                                                              -                -               -
    Turnover                 Accts. Pay.                                                           ratio of 12.04 menas that the average dollar volume of Accts. Pay.
                                                                                                   are paid about 12 time during the year
  Avg. Payment                   360                                                               Measures the Average Number of Days that a Co. Takes to Pay its
                                                          0                0               0
     Period              Accts. Pay. Turnover                                                      Accts. Pay.: e.g. a ratio of 30 means that it takes the Co. 30 days
                                                                                                   on average to pay its bills
     Accrual              Cost of Goods Sold                                                       Measures the rate at which the company pays payroll and payroll
                                                              -                -               -
      Cycle                    Accruals                                                            tax liabilities: e.g. a rate of 30 means the average dollar volume of
                                                                                                   accruals are paid 30 times during the year.
      Days                       360                                                               Measures the average number of days that the company accumulates
                                                          0                0               0
     Accrual                 Accrual Cycle                                                         payroll and payroll tax liabilities. It should be in line with the payroll
                                                                                                   cycle.



Note…..
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions
provided by management. Neither the SBDC nor its personnel are licensed by the State of MN to practice public accounting and therefore express
no opinion or other form of assurance on the statements or underlying assumptions.
Client Name
Break Even Analysis

                                                                           2012

SALES                                                                  -      0.00%                     Break Even Sales =           Fixed Costs
  Less: Variable Costs                                                                                                            Contribution Margin
   COGS                                               -
   OTHER                                                                                                Break Even Sales =                  0
   OTHER                                                                                                                                  0.00%
   OTHER                                                               -      0.00%
CONTRIBUTION MARGIN                                                    -      0.00%                     Break Even Sales = $                        -
   Less: Fixed Costs
     ALL NON-VARIABLE                                 -                                                 Break Even Units =                          -
   Less: Costs moved to variable                                       -      0.00%                             Per Unit Price
NET INCOME                                                             -


                                                                           2013

SALES                                                                  -      0.00%                     Break Even Sales =           Fixed Costs
  Less: Variable Costs                                                                                                            Contribution Margin
   COGS                                               -
   OTHER                                                                                                Break Even Sales =                  0
   OTHER                                                                                                                                  0.00%
   OTHER                                                               -      0.00%
CONTRIBUTION MARGIN                                                    -      0.00%                     Break Even Sales =                #DIV/0!
   Less: Fixed Costs
     ALL NON-VARIABLE                                 -                                                 Break Even Units =                          -
   Less: Costs moved to variable                                       -      0.00%                             Per Unit Price
NET INCOME                                                             -


                                                                           2014

SALES                                                                  -      0.00%                     Break Even Sales =           Fixed Costs
  Less: Variable Costs                                                                                                            Contribution Margin
   COGS                                               -
   OTHER                                                                                                Break Even Sales =                  0
   OTHER                                                                                                                                  0.00%
   OTHER                                                               -      0.00%
CONTRIBUTION MARGIN                                                    -      0.00%                     Break Even Sales =                #DIV/0!
   Less: Fixed Costs
     ALL NON-VARIABLE                                 -                                                 Break Even Units =                          -
   Less: Costs moved to variable                                       -      0.00%                             Per Unit Price
NET INCOME                                                             -



NOTE…
The Small Business Development Center (SBDC) has prepared this financial statement as of 04/16/2012 based on information and assumptions
provided by management. Neither the SBDC nor its personnel are licensed by the State of MN to practice public accounting and therefore express
no opinion or other form of assurance on the statements or underlying assumptions.
Contribution Margin




Contribution Margin




Contribution Margin

				
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