Comparative Business Income JaxWorks Corporation March 9, 2008 % of % of % of 2004 Income 2005 Income 2006 Income Gross Income for the year $120,000 100.0% $135,000 100.0% $140,000 100.0% Business Expenses Cost of goods sold $0 $0 $0 Advertising $5,000 4.2% $7,000 5.2% $9,000 6.4% Car and truck expenses $500 0.4% $500 0.4% $500 0.4% Fees $2,000 1.7% $2,000 1.5% $2,000 1.4% Depreciation $5,000 4.2% $8,000 5.9% $5,000 3.6% Employee benefit programs Insurance (other than health) $2,000 1.7% $2,000 1.5% $2,000 1.4% Interest Legal and professional Office Expense Wages Pension and profit sharing $15,000 12.5% $16,000 11.9% $17,000 12.1% Rent $6,000 5.0% $7,000 5.2% $8,000 5.7% Other leases $500 0.4% $500 0.4% $500 0.4% Repairs Maintenance Supplies $1,000 0.8% $1,000 0.7% $1,000 0.7% Taxes and licenses Travel, meals, etc. $2,000 1.7% $2,000 1.5% $2,000 1.4% Utilities $2,000 1.7% $2,000 1.5% $2,000 1.4% Other Total Expenses $41,000 34.2% $48,000 35.6% $49,000 35.0% Net Business Income (Loss) $79,000 65.8% $87,000 64.4% $91,000 65.0% © 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 documents, that cover a number of financial, accounting and sales functions. These are invaluable 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 HTML functions. These are invaluable small business tools. guides are in about MS Excel and other applications in the Office