Startup Budget

Startup Budget January 30, 2008 Cash Needed % of Actual Cash % of % of to Start Total Spent Total Variance Total Monthly Costs Salary of owner-manager $6,000 13.7% $6,500 13.9% ($500) 15.8% All other salaries and wages 7,000 16.0% 7,100 15.1% (100) 3.2% Rent 1,000 2.3% 900 1.9% 100 -3.2% Advertising 2,000 4.6% 2,000 4.3% 0 Delivery expense 400 0.9% 1,000 2.1% (600) 19.0% Supplies 500 1.1% 1,500 3.2% (1,000) 31.6% Telephone 500 1.1% 500 1.1% 0 Other utilities 500 1.1% 760 1.6% (260) 8.2% Insurance 600 1.4% 600 1.3% 0 Taxes, including social security 1,000 2.3% 1,000 2.1% 0 Interest 500 1.1% 500 1.1% 0 Maintenance 300 0.7% 300 0.6% 0 Legal and other professional fees 3,000 6.9% 3,300 7.0% (300) 9.5% Miscellaneous 500 1.1% 500 1.1% 0 Subtotal $23,800 54.4% $26,460 56.4% ($2,660) 84.2% One-Time Costs Fixtures and Equipment $10,000 22.9% $11,000 23.4% ($1,000) 31.6% Decorating and remodeling 1,000 2.3% 1,200 2.6% (200) 6.3% Installation charges 500 1.1% 600 1.3% (100) 3.2% Starting inventory 5,000 11.4% 4,000 8.5% 1,000 -31.6% Deposits with public utilities 1,000 2.3% 1,200 2.6% (200) 6.3% Legal and other professional fees 500 1.1% 500 1.1% 0 Licenses and permits 500 1.1% 500 1.1% 0 Advertising and promotion for opening 500 1.1% 500 1.1% 0 Cash 750 1.7% 750 1.6% 0 Other 200 0.5% 200 0.4% 0 Subtotal $19,950 45.6% $20,450 43.6% ($500) 15.8% Totals $43,750 100% $46,910 100% ($3,160) 100% © Copyright, 2006, Jaxworks, All Rights Reserved.JaxWorks Small Business Spreadsheet Factory Since 1996, JaxWorks has offered a suite of Free Excel workbooks and spreadsheets, and associated HTML documents, that cover a number of financial, accounting and sales functions. These are Also included Free are: -business plan tools, including spreadsheets and excellent instructions -Excel functions glossary and guide; -free training courses for most Microsoft Office applications. These guides are in PDF format and rival commercial books! -comprehensive list of acronyms, ratios and formulas in customer financial analysis, and financial terms; -suite of online calculators, including, breakeven analysis, productivity analysis, business evaluation; -Altman Z-Score (covering publicly and privately held firms, and small businesses); -and payroll analysis. If you are involved in financial analysis at any level, or want to learn more about MS Excel and suite this site is invaluable. Spreadsheet Factory spreadsheets, and associated MS Word, PDF and sales functions. These are invaluable small business tools. guides are in productivity analysis, more about MS Excel and other applications in the Office