Internet Company Financial Projections by wkn66526

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									                                                                                                                                       Your Company



                                                                                                  01/31/09       02/28/09      03/31/09      04/30/09      05/31/09      06/30/09      07/31/09      08/31/09      09/30/09      10/31/09 11/30/09 12/31/09
                                          12/31/2006     12/31/2007         12/31/2008


                                                                                                  PROJECTED NON-OPERATING CASH-FLOW INFORMATION (PROCEEDS and PAYMENTS)
Receipts From Other than Sales:
              Note payable proceeds                                    Note payable proceeds           -             -             -             -             -             -             -             -             -             -          -          -         -
                 Equity investments                                       Equity investments           -         100,000           -             -             -             -             -             -             -             -          -          -

Non-Operating Cash Payments:
            Principal loan payments                                     Principal loan payments        -             -             -             -             -             -             -             -             -             -          -          -         -
               Income tax estimates                                        Income tax estimates        -             -             -             -             -             -             -             -             -             -          -          -         -
                 Dividends / Draws                                           Dividends / Draws         -             -             -             -             -             -             -             -             -             -          -          -         -




Balance Sheet:                        HISTORIC FINANCIAL INFORMATION                              OVERIDE PROJECTED FINANCIAL INFORMATION
                                                                                                  Update actual information month-by-month without altering projection formulas!
Assets:
Current Assets:
Cash                                          1,000            400                 -                      1             1             1             1             1             1             1             1             1             1          1          1
Accounts Receivable                           2,000          2,000               2,000                2,800         2,800         2,800         2,800         2,800         2,800         2,800         2,800         2,800         2,800      2,800      2,800
Inventory                                     1,000          1,000               1,000                      3             3             3             3             3             3             3             3             3             3          3          3
  Total Current Assets

Fixed Assets:
Machinery and Equipment                       4,000          4,000               4,000                      7             7             7             7             7             7             7             7             7             7          7          7
less: Accumulated Depreciation               (3,000)        (3,000)             (3,000)                    (4)           (4)           (4)           (4)           (4)           (4)           (4)           (4)           (4)           (4)        (4)        (4)
   Total Fixed Assets

Other Assets                                                                                                5             5             5             5             5             5             5             5             5             5          5          5


Total Assets                                  5,000          4,400               4,000                2,812         2,812         2,812         2,812         2,812         2,812         2,812         2,812         2,812         2,812      2,812      2,812



Liabilities:
Current Liabilities:
 Accounts Payable                             1,000          1,000               1,000                      1             1             1             1             1             1             1             1             1             1          1          1
 Line of Credit                                                                    200                      2             2             2             2             2             2             2             2             2             2          2          2
Income taxes payable                                                                                        3             3             3             3             3             3             3             3             3             3          3          3
Current Portion of Notes Payable                                                                            1             1             1             1             1             1             1             1             1             1          1          1
 Accrued Payroll                                                                                            2             2             2             2             2             2             2             2             2             2          2          2
   Total Current Liabilities

Long Term Liabilities:
Deferred Income Taxes                                                                                       3             3             3             3             3             3             3             3             3             3          3          3
Notes Payable                                                                                               1             1             1             1             1             1             1             1             1             1          1          1
Current Portion of Notes Payable                                                                           (1)           (1)           (1)           (1)           (1)           (1)           (1)           (1)           (1)           (1)        (1)        (1)
  Total Long Term Liabilities

Owner's Equity:
Common Stock
Addt'l Paid in Capital
Retained Earnings                             4,000          3,400               2,800                2,800         2,800         2,800         2,800         2,800         2,800         2,800         2,800         2,800         2,800      2,800      2,800
  Total Equity

Total Liabilities and Equity                  5,000          4,400               4,000                2,812         2,812         2,812         2,812         2,812         2,812         2,812         2,812         2,812         2,812      2,812      2,812



Income Statement:

REVENUE
Gross Revenue                                10,000         10,000              10,000
Reimbursable Expenses                         3,000          3,000               3,000                     25            25            25            25            25            25            25            25            25            25         25         25

NET REVENUE                                   7,000          7,000               7,000                  (25)          (25)          (25)          (25)          (25)          (25)          (25)          (25)          (25)          (25)       (25)       (25)

DIRECT EXPENSES
Direct Labor-Employees                        1,000          1,000               1,000                     10            10            10            10            10            10            10            10            10            10         10         10
Materials                                     2,000          2,000               2,000
   TOTAL DIRECT EXPENSES                      3,000          3,000               3,000

REVENUE LESS DIRECT EXPENSES

GENERAL AND ADMIN. EXPENSE                   2,600          2,600               2,600                   12            12            12            12            12            12            12            12            12            12         12         12

EARNINGS BEFORE INTEREST,
TAXES & DEPRECIATION


OTHER INCOME                                                                                                1             1             1             1             1             1             1             1             1             1          1          1

DEPRECIATION                                  1,000          1,000               1,000                      3             3             3             3             3             3             3             3             3             3          3          3
INTEREST                                      1,000          1,000               1,000                      3             3             3             3             3             3             3             3             3             3          3          3


NET INCOME BEFORE TAXES

ACCRUED INCOME TAX

NET INCOME                                  (3,600)        (3,600)             (3,600)                 (52)          (52)          (52)          (52)          (52)          (52)          (52)          (52)          (52)          (52)       (52)       (52)


GENERAL & ADMIN. EXPENSES:
Accounting/Admin                              1500           1500                1500                        1             1             1             1             1             1             1             1             1             1          1          1
Bank Charges                                                                                                 1             1             1             1             1             1             1             1             1             1          1          1
Computer Hardware and Software                                                                               1             1             1             1             1             1             1             1             1             1          1          1
Capitalized Purchases                                                                                      -10           -10           -10           -10           -10           -10           -10           -10           -10           -10        -10        -10
Consulting                                                                                                   1             1             1             1             1             1             1             1             1             1          1          1
Credit Card Proccessing                                                                                      1             1             1             1             1             1             1             1             1             1          1          1
Education & Seminars                                                                                         1             1             1             1             1             1             1             1             1             1          1          1
Equipment rental                                                                                             1             1             1             1             1             1             1             1             1             1          1          1
Insurance                                                                                                    1             1             1             1             1             1             1             1             1             1          1          1
Internet                                                                                                     1             1             1             1             1             1             1             1             1             1          1          1
Legal                                                                                                        1             1             1             1             1             1             1             1             1             1          1          1
Licenses, Registration & Dues                                                                                1             1             1             1             1             1             1             1             1             1          1          1
Marketing                                                                                                    1             1             1             1             1             1             1             1             1             1          1          1
Marketing - Meals & Entertainment
Office Supplies and Expense                                                                                 1             1             1             1             1             1             1             1             1             1          1          1
Officers' Payroll
Payroll                                       1000           1000                1000                       1             1             1             1             1             1             1             1             1             1          1          1
Payroll Taxes                                  100            100                 100                       1             1             1             1             1             1             1             1             1             1          1          1
Printing & Reproductions                                                                                    1             1             1             1             1             1             1             1             1             1          1          1
Rent                                                                                                        1             1             1             1             1             1             1             1             1             1          1          1
Repairs & Maintentance                                                                                      1             1             1             1             1             1             1             1             1             1          1          1
Telephone                                                                                                   1             1             1             1             1             1             1             1             1             1          1          1
Travel                                                                                                      1             1             1             1             1             1             1             1             1             1          1          1
Travel - Meals & Entertainment                                                                              1             1             1             1             1             1             1             1             1             1          1          1
Utilities                                                                                                   1             1             1             1             1             1             1             1             1             1          1          1

   TOTAL                                     2,600          2,600               2,600                   12            12            12            12            12            12            12            12            12            12         12         12
      Your Company




Detailed Cash and Financial Projections
           for the 3 years ending
      December 31, 2009, 2010, and 2011
Your Company   Detailed Cash & Financial Projections 2009, 2010, & 2011
7/14/2011
fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls

                                                       Your Company
                                             Comparative Financial Statements
                                                   Table of Contents




            Comparitive Summary Financial Statements:
                     Actual activity thru #############
                       Budgeted and Projected activity as of ############# , 2010 , & 2011

                                      Balance Sheets                                          2

                                      Income Statements                                       3

                                      Statements of Cash Flow                                 4

                                      Schedule of General and Administrative Expenses         6

            Detailed Budgeted Financial Statements:
                 For the 12 months ended December 31, 2009

                                      Balance Sheets                                          7

                                      Income Statements                                       8

                                      Statements of Cash Flow                                 9

                                      Schedule of General and Administrative Expenses        11

            Assumptions for the Detailed Budgeted Financial Statements:

                                      Budgeted Employee Headcount                            12

                                      Schedule of Budgeted increase in Wages                 12

                                      Monthly Sales: Calculation and Schedule                13

                                      Detailed assumptions by line item                      14
      fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
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                                                                                Your Company
                                                                      Comparative Financial Statements
                                                                               (Unaudited)

12/31/2006                 12/31/2007            12/31/2008                                              12/31/2009               12/31/2010               12/31/2011
  Actual                      Actual               Actual                                                 Budgeted                 Projected                Projected

                                                                 Balance Sheet:

                                                                 Assets:
                                                                 Current Assets:
       1,000                          400                 -      Cash                                             -       0.0%             -       0.0%             -
       2,000                        2,000               2,000    Accounts Receivable                        1,083,400    36.9%       1,293,000    36.9%       1,625,000
       1,000                        1,000               1,000    Inventory                                     39,100     1.3%          47,000     1.3%          59,000
       4,000                        3,400               3,000      Total Current Assets                     1,122,500                1,340,000                1,684,000

                                                                 Fixed Assets:
       4,000                        4,000               4,000    Machinery and Equipment                      124,000     4.2%         148,000     4.2%         186,000
      (3,000)                      (3,000)             (3,000)   less: Accumulated Depreciation               (18,300)    -0.6%        (35,000)    -1.0%        (55,000)
       1,000                        1,000               1,000       Total Fixed Assets                        105,700                  113,000                  131,000

           -                           -                    -    Prepaid Expenses                                 -       0.0%             -       0.0%             -

       5,000                        4,400               4,000    Total Assets                               1,228,200                1,453,000                1,815,000


                                                                 Liabilities:
                                                                 Current Liabilities:
       1,000                        1,000               1,000     Accounts Payable                             11,100     0.4%          13,000     0.4%          16,000
         -                            -                   200     Line of Credit                            1,854,700    63.2%       2,651,000    75.7%       3,034,000
         -                            -                   -      Income taxes payable                             -       0.0%        (348,000)    -9.9%       (315,000)
         -                            -                   -      Current Portion of Notes Payable                 -       0.0%             -       0.0%             -
         -                            -                   -       Accrued Payroll                              32,000     1.1%          38,000     1.1%          48,000
       1,000                        1,000               1,200       Total Current Liabilities               1,897,800                2,354,000                2,783,000
                                                                                                                                     2,651,000                3,034,000
                                                                 Long Term Liabilities:
           -                           -                    -    Deferred Income Taxes                       (347,500)   -11.8%       (260,000)    -7.4%       (116,000)
           -                           -                    -    Notes Payable                                    -       0.0%             -       0.0%             -
           -                           -                    -    Current Portion of Notes Payable                 -       0.0%             -       0.0%             -
           -                           -                    -      Total Long Term Liabilities               (347,500)                (260,000)                (116,000)

                                                                 Owner's Equity:
         -                            -                   -      Common Stock:                                    -                        -                        -
         -                            -                   -      Additional Paid in Capital                   100,000                  100,000                  100,000
       4,000                        3,400               2,800    Retained Earnings:                          (422,100)   -14.4%       (741,000)   -21.2%       (952,000)
       4,000                        3,400               2,800      Total Equity                              (322,100)                (641,000)                (852,000)

       5,000                        4,400               4,000    Total Liabilities and Equity               1,228,200                1,453,000                1,815,000
      fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
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                                                                                                   Your Company
                                                                                         Comparative Financial Statements
                                                                                                  (Unaudited)

12/31/2006                  12/31/2007                   12/31/2008                                                         12/31/2009               12/31/2010               12/31/2011
  Actual                      Actual                       Actual                                                            Budgeted                 Projected                Projected

                                                                                     Income Statement:

                                                                                     REVENUE
      10,000       142.9%          10,000      142.9%          10,000       142.9%   Gross Revenue                             4,105,400    140.0%      4,900,000    140.0%      6,100,000    138.6%
       3,000       42.9%            3,000        42.9%          3,000       42.9%    Reimbursable Expenses                     1,172,900    40.0%       1,400,000    40.0%       1,700,000    38.6%


       7,000       100.0%           7,000      100.0%           7,000       100.0%   NET REVENUE                               2,932,500    100.0%      3,500,000    100.0%      4,400,000    100.0%




       3,000       42.9%            3,000        42.9%          3,000       42.9%    DIRECT EXPENSES                           1,759,400    60.0%       1,920,000    54.9%       2,240,000    50.9%


       4,000       57.1%            4,000        57.1%          4,000       57.1%    REVENUE LESS DIRECT EXPENSES              1,173,100    40.0%       1,580,000    45.1%       2,160,000    49.1%




       2,600       37.1%            2,600        37.1%          2,600       37.1%    GENERAL & ADMINISTRATIVE EXPENSES         1,847,200    63.0%       2,100,000    60.0%       2,500,000    56.8%


                                                                                     EARNINGS BEFORE INTEREST,
       1,400       20.0%            1,400        20.0%          1,400       20.0%    TAXES & DEPRECIATION                       (674,100)   -23.0%       (520,000)   -14.9%       (340,000)    -7.7%




            -                           -                            -               OTHER INCOME                                    -       0.0%             -       0.0%             -       0.0%


       1,000       14.3%            1,000        14.3%          1,000       14.3%    DEPRECIATION                                 15,300     0.5%          17,000     0.5%          20,000     0.5%
       1,000       14.3%            1,000        14.3%          1,000       14.3%    INTEREST                                     83,000     2.8%          42,000     1.2%          21,000     0.5%


           (600)    -8.6%              (600)     -8.6%              (600)    -8.6%   NET INCOME BEFORE TAXES                    (772,400)   -26.3%       (579,000)   -16.5%       (381,000)    -8.7%


            -       0.0%                -        0.0%                -       0.0%    INCOME TAXES                               (347,500)   -11.8%       (260,000)    -7.4%       (170,000)    -3.9%


           (600)    -8.6%              (600)     -8.6%              (600)    -8.6%   NET INCOME                                 (424,900)   -14.5%       (319,000)    -9.1%       (211,000)    -4.8%
          fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
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                                                                                           Your Company
                                                                                 Comparative Financial Statements
                                                                                          (Unaudited)

    12/31/2006                  12/31/2007               12/31/2008                                                            12/31/2009          12/31/2010          12/31/2011
      Actual                      Actual                   Actual                                                               Budgeted            Projected           Projected

                                                                            Statement of Cash Flows: Direct Method


                                                                            CASH PROVIDED BY OPERATING ACTIVITIES:

                                                                            Receipts:
                                       10,000                  10,000        Receipts from Sales                                  3,024,000           4,690,000           5,768,000
                                          -                       -          Other Revenue                                              -                   -                   -
               -                       10,000                  10,000          TOTAL CASH RECEIPTS                                3,024,000           4,690,000           5,768,000

                                                                            Payments:

                                        9,600                   9,600        General and Admin Expenses                           4,858,500           5,462,000           6,460,000
                                          -                       -          Income Taxes                                               -                   -              (347,000)
               -                        9,600                   9,600           TOTAL CASH PAYMENTS                               4,858,500           5,462,000           6,113,000

               -                           400                      400     Net Cash Provided by Operating Activities            (1,834,500)           (772,000)           (345,000)


                                                                            CASH PROVIDED BY INVESTING ACTIVITIES:

                                                                            Net Decrease (Increase) in Investing Assets:
                                       (1,000)                 (1,000)      Mach & Equip                                           (120,000)            (24,000)            (38,000)
               -                       (1,000)                 (1,000)      Net Cash Provided by Investing Activities              (120,000)            (24,000)            (38,000)


                                                                            CASH PROVIDED BY FINANCING ACTIVITIES:

                                                                            Net Increase (Decrease) in Notes Payable:
               -                            -                       200     Line of Credit                                        1,854,500             796,000             383,000
               -                            -                       -       Notes Payable                                               -                   -                   -
               -                            -                       -       Equity Transactions                                     100,000                 -                   -
               -                            -                       200     Net Cash Provided by Financing Activities             1,954,500             796,000             383,000


               -                           (600)                    (400)   TOTAL CASH PROVIDED (USED)                                  -                   -                   -

               -                        1,000                       400     Beginning Cash Balance                                      -                   -                   -

$              -            $              400       $               -      Ending Cash Balance                            $            -      $            -      $            -
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                                                                                            Your Company
                                                                                 Comparative Financial Statements
                                                                                          (Unaudited)

    12/31/2006                  12/31/2007               12/31/2008                                                                 12/31/2009          12/31/2010          12/31/2011
      Actual                      Actual                   Actual                                                                    Budgeted            Projected           Projected

                                                                            Reconciliation between Net Income and
                                                                            Cash Flow from Operating Activities
$              -            $              (600)     $              (600)   Net Income                                          $       (424,900)   $       (319,000)   $       (211,000)

                                                                            Reconciliation between net income and cash
                                                                            provided by operating activities:
               -                        1,000                   1,000       Depreciation                                                  15,300              17,000              20,000

                                                                            Net Decrease (Increase) in Operating Assets:
               -                            -                        -      Accounts Receivable                                       (1,081,400)           (210,000)           (332,000)
                                            -                        -      Inventory                                                    (38,100)             (8,000)            (12,000)
               -                            -                        -      Other Assets                                                     -                   -                   -

                                                                            Net Increase (Decrease) in Operating Liabilities:
                                           -                        -       Accounts Payable                                              10,100               2,000               3,000
                                           -                        -       Accrued Payroll                                               32,000               6,000              10,000
                                           -                        -       Income Taxes Payable                                             -              (348,000)             33,000
                                           -                        -       Accrued Income Taxes                                        (347,500)             88,000             144,000
               -                           400                      400     Net Cash Provided by Operating Activities                 (1,834,500)           (772,000)           (345,000)
      fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
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                                                                                    Your Company
                                                                      Comparative Financial Statements
                                                                               (Unaudited)

12/31/2006                 12/31/2007            12/31/2008                                              12/31/2009   12/31/2010   12/31/2011
  Actual                      Actual               Actual                                                 Budgeted     Projected    Projected

             0                         -                    -   cash check figure                                 -            -            -
      fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
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                                                                                              Your Company
                                                                                     Comparative Financial Statements
                                                                                              (Unaudited)

12/31/2006                 12/31/2007                    12/31/2008                                                              12/31/2009              12/31/2010              12/31/2011
  Actual                      Actual                       Actual                                                                 Budgeted                Projected               Projected

                                                                                General and Administrative Expenses:
       1,500    21.4%               1,500        21.4%          1,500   21.4%   Accounting/Admin                                        6,000    0.2%           7,000    0.2%           8,000    0.2%
         -        0.0%                -          0.0%             -     0.0%    Bank Charges                                            1,200    0.0%           1,000    0.0%           1,000    0.0%
         -        0.0%                -          0.0%             -     0.0%    Computer Hardware and Software                         57,000    1.9%          65,000    1.9%          78,000    1.8%
         -        0.0%                -          0.0%             -     0.0%    Capitalized Purchases                                (120,000)   -4.1%       (136,000)   -3.9%       (162,000)   -3.7%
         -        0.0%                -          0.0%             -     0.0%    Consulting                                              2,400    0.1%           3,000    0.1%           4,000    0.1%
         -        0.0%                -          0.0%             -     0.0%    Credit Card Proccessing                                41,100    1.4%          47,000    1.3%          56,000    1.3%
         -        0.0%                -          0.0%             -     0.0%    Education & Seminars                                    5,200    0.2%           6,000    0.2%           7,000    0.2%
         -        0.0%                -          0.0%             -     0.0%    Equipment rental                                       60,000    2.0%          68,000    1.9%          81,000    1.8%
         -        0.0%                -          0.0%             -     0.0%    Insurance                                             174,500    6.0%         198,000    5.7%         236,000    5.4%
         -        0.0%                -          0.0%             -     0.0%    Internet                                                3,000    0.1%           3,000    0.1%           4,000    0.1%
         -        0.0%                -          0.0%             -     0.0%    Legal                                                   6,000    0.2%           7,000    0.2%           8,000    0.2%
         -        0.0%                -          0.0%             -     0.0%    Licenses, Registration & Dues                          14,400    0.5%          16,000    0.5%          19,000    0.4%
         -        0.0%                -          0.0%             -     0.0%    Marketing                                              38,600    1.3%          44,000    1.3%          53,000    1.2%
         -        0.0%                -          0.0%             -     0.0%    Marketing - Meals & Entertainment                       2,400    0.1%           3,000    0.1%           4,000    0.1%
         -        0.0%                -          0.0%             -     0.0%    Office Supplies and Expense                            87,000    3.0%          99,000    2.8%         118,000    2.7%
         -        0.0%                -          0.0%             -     0.0%    Officers' Payroll                                     187,200    6.4%         212,000    6.1%         253,000    5.8%
       1,000    14.3%               1,000        14.3%          1,000   14.3%   Payroll                                               970,800    33.1%      1,101,000    31.5%      1,315,000    29.9%
         100      1.4%                100        1.4%             100   1.4%    Payroll Taxes                                         178,900    6.1%         203,000    5.8%         242,000    5.5%
         -        0.0%                -          0.0%             -     0.0%    Printing & Reproductions                               15,600    0.5%          18,000    0.5%          21,000    0.5%
         -        0.0%                -          0.0%             -     0.0%    Rent                                                   60,000    2.0%          68,000    1.9%          81,000    1.8%
         -        0.0%                -          0.0%             -     0.0%    Repairs & Maintentance                                 12,000    0.4%          14,000    0.4%          17,000    0.4%
         -        0.0%                -          0.0%             -     0.0%    Telephone                                              12,700    0.4%          14,000    0.4%          17,000    0.4%
         -        0.0%                -          0.0%             -     0.0%    Travel                                                  8,400    0.3%          10,000    0.3%          12,000    0.3%
         -        0.0%                -          0.0%             -     0.0%    Travel - Meals & Entertainment                         16,800    0.6%          19,000    0.5%          23,000    0.5%
         -        0.0%                -          0.0%             -     0.0%    Utilities                                               6,000    0.2%           7,000    0.2%           8,000    0.2%


       2,600                        2,600                       2,600                Total General and Administrative Expenses      1,847,200               2,100,000               2,500,000
               fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
               7/14/2011


                                                                                                                      Your Company
                                                                                                             Projected Financial Statments
                                                                                                                      (Unaudited)
                                                                                                                                                                                                                                Total
                                              01/31/09        02/28/09      03/31/09      04/30/09      05/31/09         06/30/09      07/31/09          08/31/09      09/30/09      10/31/09      11/30/09      12/31/09      12/31/09
                                              Budgeted        Budgeted      Budgeted      Budgeted      Budgeted         Budgeted      Budgeted          Budgeted      Budgeted      Budgeted      Budgeted      Budgeted      Budgeted
Balance Sheet:

Assets:
Current Assets:
Cash                                                  -              -             -             -             -                -              -                -             -             -             -             -
Accounts Receivable                               136,900        231,400       314,000       383,300       566,600          802,700      1,000,000        1,120,300     1,202,600     1,318,600     1,191,600     1,083,400
Inventory                                          19,400         23,200        25,800        27,600        46,800           65,600         73,200           71,200        69,600        76,900        48,100        39,100
  Total Current Assets                            156,300        254,600       339,800       410,900       613,400          868,300      1,073,200        1,191,500     1,272,200     1,395,500     1,239,700     1,122,500

Fixed Assets:
Machinery and Equipment                              6,500         9,000        41,500        44,000        66,500           89,000          111,500        114,000       116,500       119,000       121,500       124,000
less: Accumulated Depreciation                      (3,000)       (3,100)       (3,700)       (4,400)       (5,400)          (6,800)          (8,600)       (10,400)      (12,300)      (14,200)      (16,200)      (18,300)
   Total Fixed Assets                                3,500         5,900        37,800        39,600        61,100           82,200          102,900        103,600       104,200       104,800       105,300       105,700

Other Assets                                              -          -             -             -             -                -                 -             -             -             -             -             -

Total Assets                                      159,800        260,500       377,600       450,500       674,500          950,500      1,176,100        1,295,100     1,376,400     1,500,300     1,345,000     1,228,200


Liabilities:
Current Liabilities:
 Accounts Payable                                   1,000          1,400         2,700         3,000         6,000            8,700         11,500           10,200         9,900        10,800         7,400        11,100
 Line of Credit                                   236,250        309,500       501,850       656,100       910,550        1,200,100      1,456,150        1,627,100     1,761,350     1,918,600     1,878,550     1,854,700
Income taxes payable                                  -              -             -             -             -                -              -                -             -             -             -             -
Current Portion of Notes Payable                      -              -             -             -             -                -              -                -             -             -             -             -
 Accrued Payroll                                    4,300          5,800        15,800        16,400        39,500           69,500         81,600           78,300        76,300        86,900        41,200        32,000
   Total Current Liabilities                      241,550        316,700       520,350       675,500       956,050        1,278,300      1,549,250        1,715,600     1,847,550     2,016,300     1,927,150     1,897,800

Long Term Liabilities:
Deferred Income Taxes                              (38,000)      (71,500)     (110,400)     (147,400)     (172,800)        (193,600)         (214,000)     (235,300)     (258,100)     (278,300)     (308,100)     (347,500)
Notes Payable                                          -             -             -             -             -                -                 -             -             -             -             -             -
Current Portion of Notes Payable                       -             -             -             -             -                -                 -             -             -             -             -             -
  Total Long Term Liabilities                      (38,000)      (71,500)     (110,400)     (147,400)     (172,800)        (193,600)         (214,000)     (235,300)     (258,100)     (278,300)     (308,100)     (347,500)

Owner's Equity:
Common Stock:                                          -             -             -             -             -                -                 -             -             -             -             -             -
Addt'l Paid in Capital                                 -         100,000       100,000       100,000       100,000          100,000           100,000       100,000       100,000       100,000       100,000       100,000
Retained Earnings:                                 (43,750)      (84,700)     (132,350)     (177,600)     (208,750)        (234,200)         (259,150)     (285,200)     (313,050)     (337,700)     (374,050)     (422,100)
  Total Equity                                     (43,750)       15,300       (32,350)      (77,600)     (108,750)        (134,200)         (159,150)     (185,200)     (213,050)     (237,700)     (274,050)     (322,100)

Total Liabilities and Equity                      159,800        260,500       377,600       450,500       674,500          950,500      1,176,100        1,295,100     1,376,400     1,500,300     1,345,000     1,228,200
             fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
             7/14/2011


                                                                                                                    Your Company
                                                                                                           Projected Financial Statments
                                                                                                                    (Unaudited)
                                                                                                                                                                                                                               Total
                                            01/31/09        02/28/09      03/31/09      04/30/09      05/31/09         06/30/09      07/31/09         08/31/09      09/30/09      10/31/09      11/30/09      12/31/09        12/31/09
                                            Budgeted        Budgeted      Budgeted      Budgeted      Budgeted         Budgeted      Budgeted         Budgeted      Budgeted      Budgeted      Budgeted      Budgeted        Budgeted


Income Statement:

REVENUE
Gross Revenue                                   135,900        162,500       180,600       193,300       327,300          459,100          512,300       498,300       487,300       538,000       337,000       273,800        4,105,400    140.0%
Reimbursable Expenses                            38,800         46,400        51,600        55,200        93,500          131,200          146,400       142,400       139,200       153,700        96,300        78,200        1,172,900    40.0%


NET REVENUE                                       97,100       116,100       129,000       138,100       233,800          327,900          365,900       355,900       348,100       384,300       240,700       195,600        2,932,500    100.0%


DIRECT EXPENSES
Direct Labor-Employees                            38,800        46,400        51,600        55,200        93,500          131,200          146,400       142,400       139,200       153,700        96,300        78,200        1,172,900    40.0%
Materials                                         19,400        23,200        25,800        27,600        46,800           65,600           73,200        71,200        69,600        76,900        48,100        39,100          586,500    20.0%
   TOTAL DIRECT EXPENSES                          58,200        69,600        77,400        82,800       140,300          196,800          219,600       213,600       208,800       230,600       144,400       117,300        1,759,400    60.0%


REVENUE LESS DIRECT EXPENSES                      38,900        46,500        51,600        55,300        93,500          131,100          146,300       142,300       139,300       153,700        96,300        78,300        1,173,100    40.0%


GENERAL AND ADMIN. EXPENSE                      123,450        119,250       135,450       133,550       144,650          169,850          181,850       178,150       177,250       184,950       147,650       151,150        1,847,200    63.0%


EARNINGS BEFORE INTEREST,
TAXES & DEPRECIATION                             (84,550)      (72,750)      (83,850)      (78,250)      (51,150)         (38,750)         (35,550)      (35,850)      (37,950)      (31,250)      (51,350)      (72,850)        (674,100)   -23.0%



OTHER INCOME                                            -          -             -             -             -                -                -             -             -             -             -             -                   -    0.0%


DEPRECIATION                                            -          100           600           700         1,000            1,400            1,800         1,800         1,900         1,900         2,000         2,100           15,300     0.5%
INTEREST                                                -        1,600         2,100         3,300         4,400            6,100            8,000         9,700        10,800        11,700        12,800        12,500           83,000     2.8%


NET INCOME BEFORE TAXES                          (84,550)      (74,450)      (86,550)      (82,250)      (56,550)         (46,250)         (45,350)      (47,350)      (50,650)      (44,850)      (66,150)      (87,450)        (772,400)   -26.3%


ACCRUED INCOME TAX                               (38,000)      (33,500)      (38,900)      (37,000)      (25,400)         (20,800)         (20,400)      (21,300)      (22,800)      (20,200)      (29,800)      (39,400)        (347,500)   -11.8%


NET INCOME                                       (46,550)      (40,950)      (47,650)      (45,250)      (31,150)         (25,450)         (24,950)      (26,050)      (27,850)      (24,650)      (36,350)      (48,050) $      (424,900)   -14.5%
            fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
            7/14/2011


                                                                                                                   Your Company
                                                                                                          Projected Financial Statments
                                                                                                                   (Unaudited)
                                                                                                                                                                                                                               Total
                                           01/31/09        02/28/09      03/31/09      04/30/09      05/31/09         06/30/09      07/31/09         08/31/09      09/30/09      10/31/09      11/30/09      12/31/09         12/31/09
                                           Budgeted        Budgeted      Budgeted      Budgeted      Budgeted         Budgeted      Budgeted         Budgeted      Budgeted      Budgeted      Budgeted      Budgeted         Budgeted
GENERAL & ADMIN. EXPENSES:
Accounting/Admin                                    500           500           500           500           500              500              500           500           500           500           500           500 $           6,000    0.2%
Bank Charges                                        100           100           100           100           100              100              100           100           100           100           100           100             1,200    0.0%
Computer Hardware and Software                    1,000         1,000        16,000         1,000        11,000           11,000           11,000         1,000         1,000         1,000         1,000         1,000            57,000    1.9%
Capitalized Purchases                            (2,500)       (2,500)      (32,500)       (2,500)      (22,500)         (22,500)         (22,500)       (2,500)       (2,500)       (2,500)       (2,500)       (2,500)         (120,000)   -4.1%
Consulting                                          200           200           200           200           200              200              200           200           200           200           200           200             2,400    0.1%
Credit Card Proccessing                           1,400         1,600         1,800         1,900         3,300            4,600            5,100         5,000         4,900         5,400         3,400         2,700            41,100    1.4%
Education & Seminars                                300           300           400           400           400              400              500           500           500           500           500           500             5,200    0.2%
Equipment rental                                  5,000         5,000         5,000         5,000         5,000            5,000            5,000         5,000         5,000         5,000         5,000         5,000            60,000    2.0%
Insurance                                        13,000        13,000        13,800        13,800        14,300           14,800           15,300        15,300        15,300        15,300        15,300        15,300           174,500    6.0%
Internet                                            250           250           250           250           250              250              250           250           250           250           250           250             3,000    0.1%
Legal                                               500           500           500           500           500              500              500           500           500           500           500           500             6,000    0.2%
Licenses, Registration & Dues                     1,200         1,200         1,200         1,200         1,200            1,200            1,200         1,200         1,200         1,200         1,200         1,200            14,400    0.5%
Marketing                                         2,500         2,600         2,600         2,700         3,200            3,600            3,800         3,800         3,700         3,900         3,200         3,000            38,600    1.3%
Marketing - Meals & Entertainment                   200           200           200           200           200              200              200           200           200           200           200           200             2,400    0.1%
Office Supplies and Expense                       3,000         3,000        18,000         3,000        13,000           13,000           14,200         3,000         3,000         3,000         3,000         7,800            87,000    3.0%
Officers' Payroll                                15,600        15,600        15,600        15,600        15,600           15,600           15,600        15,600        15,600        15,600        15,600        15,600           187,200    6.4%
Payroll                                          62,600        57,800        71,100        68,800        73,200           91,000           98,300        96,400        96,100       103,000        75,700        76,800           970,800    33.1%
Payroll Taxes                                     8,700         8,900        10,500        10,600        14,300           19,000           20,900        20,400        20,100        20,000        13,400        12,100           178,900    0.0%
Printing & Reproductions                            500           600           700           800         1,300            1,700            1,900         1,900         1,800         2,000         1,300         1,100            15,600    0.5%
Rent                                              5,000         5,000         5,000         5,000         5,000            5,000            5,000         5,000         5,000         5,000         5,000         5,000            60,000    2.0%
Repairs & Maintentance                            1,000         1,000         1,000         1,000         1,000            1,000            1,000         1,000         1,000         1,000         1,000         1,000            12,000    0.4%
Telephone                                           800           800           900           900         1,000            1,100            1,200         1,200         1,200         1,200         1,200         1,200            12,700    0.4%
Travel                                            1,400         1,400         1,400         1,400         1,400            1,400            1,400         1,400         1,400         1,400         1,400         1,400            16,800    0.6%
Travel - Meals & Entertainment                      700           700           700           700           700              700              700           700           700           700           700           700             8,400    0.3%
Utilities                                           500           500           500           500           500              500              500           500           500           500           500           500             6,000    0.2%


  TOTAL                                        123,450        119,250       135,450       133,550       144,650          169,850          181,850       178,150       177,250       184,950       147,650       151,150   $     1,847,200    63.0%
               fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
               7/14/2011


                                                                                                                                      Your Company
                                                                                                                             Projected Financial Statments
                                                                                                                                      (Unaudited)
                                                                                                                                                                                                                                                                          Total
                                               01/31/09           02/28/09          03/31/09          04/30/09          05/31/09           06/30/09          07/31/09          08/31/09          09/30/09          10/31/09          11/30/09          12/31/09          12/31/09
                                               Budgeted           Budgeted          Budgeted          Budgeted          Budgeted           Budgeted          Budgeted          Budgeted          Budgeted          Budgeted          Budgeted          Budgeted          Budgeted


Statement of Cash Flows: Direct Method


CASH PROVIDED BY OPERATING ACTIVITIES:

Receipts:
 Receipts from Sales                                 1,000            68,000            98,000           124,000           144,000            223,000           315,000           378,000           405,000           422,000           464,000           382,000          3,024,000
 Other Revenue                                         -                 -                 -                 -                 -                  -                 -                 -                 -                 -                 -                 -                  -
    TOTAL CASH RECEIPTS                              1,000            68,000            98,000           124,000           144,000            223,000           315,000           378,000           405,000           422,000           464,000           382,000          3,024,000

Payments:
 Payroll and Payroll Taxes                        121,400            127,200           138,800           149,600           173,500            226,800           269,100           278,100           273,000           281,700           246,700           191,900          2,477,800
 General and Admin Expenses                        93,750             88,350            93,250            98,550           155,650            197,650           206,250           197,150           194,150           218,150           126,650           124,650          1,794,200
 Income Taxes                                         -                  -                 -                 -                 -                  -                 -                 -                 -                 -                 -                 -                  -
    TOTAL CASH PAYMENTS                           215,150            215,550           232,050           248,150           329,150            424,450           475,350           475,250           467,150           499,850           373,350           316,550          4,272,000

Net Cash Provided by Operating Activities (214,150)                 (147,550)         (134,050)         (124,150)         (185,150)          (201,450)         (160,350)          (97,250)          (62,150)          (77,850)           90,650            65,450          (1,248,000)
                                            19,400                    23,200            25,800            27,600            46,800             65,600            73,200            71,200            69,600            76,900            48,100            39,100             586,500

CASH PROVIDED BY INVESTING ACTIVITIES:

Net Decrease (Increase) in Investing Assets:
Mach & Equip                                        (2,500)           (2,500)          (32,500)           (2,500)          (22,500)           (22,500)          (22,500)           (2,500)           (2,500)           (2,500)           (2,500)           (2,500)          (120,000)

Net Cash Provided by Investing Activities           (2,500)           (2,500)          (32,500)           (2,500)          (22,500)           (22,500)          (22,500)           (2,500)           (2,500)           (2,500)           (2,500)           (2,500)          (120,000)


CASH PROVIDED BY FINANCING ACTIVITIES:

Net Increase (Decrease) in Notes Payable:
Line of Credit                                    236,050             73,250           192,350           154,250           254,450            289,550           256,050           170,950           134,250           157,250           (40,050)          (23,850)         1,854,500
Notes Payable                                         -                  -                 -                 -                 -                  -                 -                 -                 -                 -                 -                 -                  -

Equity Transactions                                       -          100,000               -                 -                 -                  -                 -                 -                 -                 -                 -                 -              100,000

Net Cash Provided by Financing Activities 236,050                    173,250           192,350           154,250           254,450            289,550           256,050           170,950           134,250           157,250           (40,050)          (23,850)         1,954,500

TOTAL CASH PROVIDED (USED)                                -              -                 -                 -                 -                  -                 -                 -                 -                 -                 -                 -                     -


Beginning Cash Balance                                    -              -                 -                 -                 -                  -                 -                 -                 -                 -                 -                 -                     -

Ending Cash Balance                       $               -   $          -      $          -      $          -      $          -       $          -      $          -      $          -      $          -      $          -      $          -      $          -      $              -
               fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
               7/14/2011


                                                                                                                              Your Company
                                                                                                                     Projected Financial Statments
                                                                                                                              (Unaudited)
                                                                                                                                                                                                                                                    Total
                                              01/31/09          02/28/09        03/31/09        04/30/09        05/31/09         06/30/09        07/31/09          08/31/09        09/30/09        10/31/09        11/30/09        12/31/09        12/31/09
                                              Budgeted          Budgeted        Budgeted        Budgeted        Budgeted         Budgeted        Budgeted          Budgeted        Budgeted        Budgeted        Budgeted        Budgeted        Budgeted

RECONCILIATION BETWEEN NET INCOME AND CASH PROVIDED BY OPERATING ACTIVITIES

Net Income                                $        (46,550) $      (40,950) $      (47,650) $      (45,250) $      (31,150) $       (25,450) $        (24,950) $      (26,050) $      (27,850) $      (24,650) $      (36,350) $      (48,050) $      (424,900)

Reconciliation between net income and cash
provided by operating activities:

Depreciation                                              -            100             600             700           1,000            1,400             1,800           1,800           1,900           1,900           2,000           2,100           15,300

Net Decrease (Increase) in Operating Assets:
Accounts Receivable                          (134,900)             (94,500)        (82,600)        (69,300)       (183,300)        (236,100)         (197,300)       (120,300)        (82,300)       (116,000)        127,000         108,200        (1,081,400)
Inventory                                     (18,400)              (3,800)         (2,600)         (1,800)        (19,200)         (18,800)           (7,600)          2,000           1,600          (7,300)         28,800           9,000           (38,100)
Other Assets                                      -                    -               -               -               -                -                 -               -               -               -               -               -                 -

Net Increase (Decrease) in Operating Liabilities:
Accounts Payable                                      -                400           1,300             300           3,000            2,700             2,800          (1,300)           (300)            900          (3,400)          3,700           10,100
Accrued Payroll                                     4,300            1,500          10,000             600          23,100           30,000            12,100          (3,300)         (2,000)         10,600         (45,700)         (9,200)          32,000
Income Taxes Payable                                  -                -               -               -               -                -                 -               -               -               -               -               -                -
Accrued Income Taxes                              (38,000)         (33,500)        (38,900)        (37,000)        (25,400)         (20,800)          (20,400)        (21,300)        (22,800)        (20,200)        (29,800)        (39,400)        (347,500)

Net Cash Provided by Operating Activities        (233,550)        (170,750)       (159,850)       (151,750)       (231,950)        (267,050)         (233,550)       (168,450)       (131,750)       (154,750)         42,550          26,350        (1,834,500)
       fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
       7/14/2011
                                                                                 Your Company
                                                                                Headcount Projection


                      12/31/08 01/31/09 02/28/09 03/31/09 04/30/09 05/31/09 06/30/09 07/31/09 08/31/09 09/30/09 10/31/09 11/30/09 12/31/09
                      Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted
Overhead:
Officers                      1          1           1          1          1         1       1          1    1    1    1        1        1

Accountant                    1          1           1          1          1         1       1          1    1    1    1        1        1
Office Manager                1          1           1          1          1         1       1          1    1    1    1        1        1
Sales and Marketing           1          1           1          1          1         1       1          1    1    1    1        1        1
Admin/Secretarial             2          2           2          2          2         2       2          2    2    2    2        2        2
   Total Overhead             6          6           6          6          6         6       6          6    6    6    6        6        6

                     Sales commissions are calculated on the assumptions page

Production:
Dept Manager                  1          1           1          1           1        1       1          1    1    1    1        1        1
Project Manager               2          2           2          2           2        2       2          2    2    2    2        2        2
Team leader                   2          2           2          5           5        5       5          5    5    5    5        5        5
Tech's                        4          4           4          4           4        6       8         10   10   10   10       10       10
  Total Production            9          9           9         12         12        14      16         18   18   18   18       18       18

Total Employees              15         15          15         18         18        20      22         24   24   24   24       24       24

Increase in pay                        0%          0%         3%          3%       3%      3%      3%       3%   6%   6%      6%       6%
Compared to
beginning of year
   fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
   7/14/2011                                                                     Your Company
                                                              Assumptions for Projected Financial Statements

                                                           Actual Activity for                Budgeted Activity for         Assumptions Used to
                                                         the Fiscal Years Ended               the Fiscal Year Ended      Calculate Projected Activity
                                                  December 31, 2007       December 31, 2008     December 31, 2009


NET REVENUE                                   $              7,000   $               7,000          $    2,932,500    Based on Headcount and revenue per production staff member
     Net of Reimbursable Expenses                                                                                     Sales are distributed monthly based on a typical year's actual activity.
                                                                                                                      Production Staff does not contribute to Budgeted Sales till the
                                                                                                                                  3rd month of employment


REIMBURSABLE EXPENSES                                        3,000                   3,000               1,172,900      40.000% % of Total Net Sales
                                                                                    42.86%                                      (This number is not subtracted from Net Revenue)

DIRECT EXPENSES
DIRECT LABOR                                                 1,000                   1,000               1,172,900      40.000% % of Total Net Sales
                                                                                    14.29%

MATERIALS                                                    2,000                   2,000                586,500       20.000% % of Total Net Sales
                                                                                    28.57%

OTHER INCOME & EXPENSES
DEPRECIATION                                                 1,000                   1,000                  15,300    Based on Projected Depreciation Schedule
INTEREST                                                     1,000                   1,000                  83,000       8.000% (per annum) of prior month outstanding note balances.


ESTIMATED INCOME TAX                                            -                      -                  (347,500)     45.000% of Net Income.



GENERAL & ADMIN. EXPENSES
Accounting                                                   1,500                   1,500                   6,000          500 per month
Bank Charges                                                    -                      -                     1,200          100 per month
Computer Hardware and Software                                  -                      -                    57,000        1,000 per mo. for new technology
                                                                                                                          2,500 per new headcount for a computer
                                                                                                                          2,500 per new headcount for software licenses


Capitalized Expenses                                            -                      -                  (120,000)      10,000 per new headcount for Equipment
                                                                                                                          2,500 per month for office space expansion


Consulting Services                                             -                      -                     2,400          200 per month
Credit Card Processing                                          -                      -                    41,100       1.000% of Gross Sales
Education & Seminars                                            -                      -                     5,200            20 per month for each employee
Equipment Rental (Operating leases)                             -                      -                    60,000        5,000 per month
Insurance, Health, Prof Liab., etc.                             -                      -                  174,500         6,000 per month
                                                                                                                          7,000 per month for Hearth coveraged plus another
                                                                                                                            250 per month for all new employees


Internet                                                        -                      -                     3,000          250 per month
Legal                                                           -                      -                     6,000          500 per month
Licenses, Registration & Dues                                   -                      -                    14,400        1,200 per month
Marketing                                                       -                      -                    38,600        2,000 per month plus
                                                                                                                         0.500% of Net Sales


Marketing - Meals and Entertainment                             -                      -                     2,400          200 per Sales & Mktg employee per month
Office Supplies and Expense                                     -                      -                    87,000          300 per month
                                                                                                                              10 per headcount per month
                                                                                                                            200 per Company Headcount for the Christmas party
                                                                                                                              50 per Company Headcount for the Summer picnic
                                                                                                                          5,000 for each new hire.
                                                                                                                          2,500 per month for office space expansion


Payroll                                                      1,000                   1,000                970,800     Based on Employee count and pay rates listed
                                                                                                                                   in the headcount folder.
                                                                                                                      Assume 90% efficiency of production staff
                                                                                                                                   when over capacity.
                                                                                                                      When sales are significantly below capacity, production staff
                                                                                                                                   is assumed to be doing non-billable work.


                                                                                                              plus      15.000% of Net Sales for commissions to the sales force
   fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
   7/14/2011                                                                     Your Company
                                                              Assumptions for Projected Financial Statements

                                                           Actual Activity for                  Budgeted Activity for          Assumptions Used to
                                                         the Fiscal Years Ended                 the Fiscal Year Ended       Calculate Projected Activity
                                                  December 31, 2007       December 31, 2008       December 31, 2009




Payroll Taxes                                                  100                    100                     178,900       8.550% of total labor - January thru September
                                                                                                                            7.800% of total labor - October thru December


Printing & Reproductions                                        -                      -                       15,600       0.500% of Net Sales plus
                                                                                                                                    6   per Production employee


Rent                                                            -                      -                       60,000        5,000      per month
Repairs & Maint- Building and Equipment                         -                      -                       12,000        1,000      per month


Telephone                                                       -                      -                       12,700            50     per employee per month - Includes internet connection
Travel                                                          -                      -                       16,800          200      per month for each OH employee and Dept Mgr
Travel - Meals & Entertainment                                  -                      -                        8,400          100      per month for each OH employee and Dept Mgr
Utilities                                     $                 -    $                 -               $        6,000       9.000% of monthly rent                 or
                                                                                                                                -       per month


Balance Sheet assumptions:

Assets:

Cash                                                                                          Prior month balance plus projected receipts minus projected payments
Accounts Receivable                                                                           Prior month balance plus current mo. Sales minus current collections
                                                                                                    Projected collections are based on the trends of the previous year
Inventory                                                                                                      39,100           -       as a monthly balance       or
                                                                                                                         20.000% of Net Monthly Sales.


Fixed Assets:
Machinery and Equipment                                                                       Prior month balance plus current month capitalized purchases
  Accumulated Depreciation                                                                    Prior month balance plus current Depreciation expense
Prepaid Expenses                                                                              Prior month balance



Liabilities:

Accounts Payable                                                                              Prior month balance plus current month general expenses minus
                                                                                                                        payments for general expenses
 Line of Credit                                                                               If current month cash is a deficit, the balance is displayed here.
Income taxes payable                                                                          Prior month balance plus current month accrual minus current mo. estimates paid
Current Portion of Notes Payable                                                              Prior month balance
 Accrued Payroll                                                                              Prior month balance plus Current month payroll and payroll taxes minus
                                                                                                                        payroll and payroll tax payments
Deferred Income Taxes                                                                         Prior month balance
Notes Payable                                                                                 Prior month balance plus Note proceeds minus Note payments


Owner's Equity:
Common Stock:                                                                                 Prior month balance
Retained Earnings:                                                                            Prior month balance plus current month Net Income
                                                                                      45% of Prior year net income is distributed to the Shareholders to cover
                                                                                              their portion of income taxes generated by the LLC.


Cash Flow Assumptions
Collections:                                                                                  See Sales Projection Sheet (Attached)


Loan Proceeds:                                                                                                      -


Payments:
                        Reimbursements                                                        Paid within the same month
                                Payroll                                                       1/2 of prior month and 1/2 of current month
                           Payroll taxes                                                      Paid within the same month
fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
7/14/2011                                                                 Your Company
                                                       Assumptions for Projected Financial Statements

                                                    Actual Activity for                  Budgeted Activity for           Assumptions Used to
                                                  the Fiscal Years Ended                 the Fiscal Year Ended      Calculate Projected Activity
                                           December 31, 2007       December 31, 2008       December 31, 2009


             Rent and operating leases                                                 Paid within the same month
All other expenses operating expenses                                                  Paid in the next month - Net 30
                    Interest payments                                                  Paid within the same month
                 equipment purchases                                                   Paid within the same month


              Principal loan payments                                                                      -     Principal is paid according to Note schedules



                 Income tax estimates                                                                      -     Payments are scheduled based on management's
            fbfb5d3f-99b3-499b-8afa-be0f42447f3a.xls
            7/14/2011

                                                                                                   Your Company
                                                                                     Projected Sales and Collections Worksheet


                                        1/31/2009      2/28/2009    3/31/2009    4/30/2009    5/31/2009     6/30/2009   7/31/2009     8/31/2009     9/30/2009 10/31/2009 11/30/2009 12/31/2009 Total
                                                                                                                                                                Budgeted Revenue per person          200,000

                                                                                                                 If you have no production staff - Enter expected annual sales right here           -
                                                                                                                       If "0" is entered here, sales will be based budgeted production headcount.


Projected Increase in Sales:                                       Projected increase in Production Efficiency
                                2010         20.00%                                     2010       5.00%
                                2011         25.00%                                     2011       4.00%


Collections formula:
                  Prior mo sales             25.00%
                     Prior mo AR             25.00%
                                                                                                             Your Company
                                                                                                          Depreciation Schedule



                                                       Serial Purchase        Useful LifeAccum Dep. Dep. Exp   Accum Dep. Dep. Exp   Accum Dep. Dep. Exp Accum Dep. Dep. Exp Accum Dep. Dep. Exp   Accum Dep. Dep. Exp   Accum Dep.
                              Date        vendor       Number Price                      12/31/2008 12/31/2009 12/31/2009 12/31/2010 12/31/2010 1/1/2012 1/1/2012 12/31/2012 12/31/2012 12/31/2013 12/31/2013 12/31/2014 12/31/2014

Grand Total: Historical Depreciation Schedule                                                                            -                       -                       -                        -                        -                       -

Budget                         1/31/2009 Capitalized purchases         2500          5   years            500.00      500.00      500.00    1,000.00      500.00    1,500.00      500.00     2,000.00      500.00     2,500.00        -       2,500.00
Budget                         2/28/2009                               2500          5   years            458.00      458.00      500.00      958.00      500.00    1,458.00      500.00     1,958.00      500.00     2,458.00      42.00     2,500.00
Budget                         3/31/2009                              32500          5   years          5,417.00    5,417.00    6,500.00   11,917.00    6,500.00   18,417.00    6,500.00    24,917.00    6,500.00    31,417.00   1,083.00    32,500.00
Budget                         4/30/2009                               2500          5   years            375.00      375.00      500.00      875.00      500.00    1,375.00      500.00     1,875.00      500.00     2,375.00     125.00     2,500.00
Budget                         5/31/2009                              22500          5   years          3,000.00    3,000.00    4,500.00    7,500.00    4,500.00   12,000.00    4,500.00    16,500.00    4,500.00    21,000.00   1,500.00    22,500.00
Budget                         6/30/2009                              22500          5   years          2,625.00    2,625.00    4,500.00    7,125.00    4,500.00   11,625.00    4,500.00    16,125.00    4,500.00    20,625.00   1,875.00    22,500.00
Budget                         7/31/2009                              22500          5   years          2,250.00    2,250.00    4,500.00    6,750.00    4,500.00   11,250.00    4,500.00    15,750.00    4,500.00    20,250.00   2,250.00    22,500.00
Budget                         8/31/2009                               2500          5   years            208.00      208.00      500.00      708.00      500.00    1,208.00      500.00     1,708.00      500.00     2,208.00     292.00     2,500.00
Budget                         9/30/2009                               2500          5   years            167.00      167.00      500.00      667.00      500.00    1,167.00      500.00     1,667.00      500.00     2,167.00     333.00     2,500.00
Budget                        10/31/2009                               2500          5   years            125.00      125.00      500.00      625.00      500.00    1,125.00      500.00     1,625.00      500.00     2,125.00     375.00     2,500.00
Budget                        11/30/2009                               2500          5   years             83.00       83.00      500.00      583.00      500.00    1,083.00      500.00     1,583.00      500.00     2,083.00     417.00     2,500.00
Budget                        12/31/2009                               2500          5   years             42.00       42.00      500.00      542.00      500.00    1,042.00      500.00     1,542.00      500.00     2,042.00     458.00     2,500.00

                                                                 120,000.00                      -     15,250.00   15,250.00   24,000.00   39,250.00   24,000.00   63,250.00   24,000.00    87,250.00   24,000.00   111,250.00   8,750.00   120,000.00

                                                                                                          Jan-09     Feb-09      Mar-09      Apr-09      May-09       Jun-09       Jul-09     Aug-09       Sep-09       Oct-09    Nov-09        Dec-09
                                                                                                            -        100.00      600.00      700.00     1,000.00    1,400.00    1,800.00     1,800.00    1,900.00     1,900.00   2,000.00     2,100.00

                                                                                               Total   15,300.00
                                                                                          (rounded)
Dep. Exp Accum Dep.Dep. Exp Accum Dep.Dep. Exp Accum Dep.Dep. Exp Accum Dep.
###### ######## ###### ######## ###### ######## ######## ########

    -         -                  -                 -          -         -
                                         Your Company
                        Financial Ratios & Other Financial Analysis Tools

CURRENT RATIO
                                           Current Assets          Current Liabilities           Current Ratio
        December 31, 2008                          3,000                      1,200                       2.5
        December 31, 2009                     1,122,500                  1,897,800                        0.6
        December 31, 2010                     1,340,000                  2,354,000                        0.6
        December 31, 2011                     1,684,000                  2,783,000                        0.6




AVERAGE COLLECTION PERIOD
                                           Gross Revenue        Accounts Receivable         Average Collection
                                                                                                       Period
        December 31, 2008                         10,000                      2,000                        72     days
        December 31, 2009                      4,105,400                  1,083,400                        95     days
        December 31, 2010                      4,900,000                  1,293,000                        95     days
        December 31, 2011                      6,100,000                  1,625,000                        96     days




TIMES INTEREST EARNED
                                              Net Income             Interest Expense    Times Interest Earned
        December 31, 2008                           (600)                      1,000                      (0.6)
        December 31, 2009                       (424,900)                     83,000                      (5.1)
        December 31, 2010                       (319,000)                     42,000                      (7.6)
        December 31, 2011                       (211,000)                     21,000                     (10.0)




NET INCOME + NON-CASH EXPENDITURES / CURRENT PORTION of LONG-TERM DEBT
                                    Net Income & Non-        Current Portion of Long-                  Results
                                             cash Expenes                   term Debt
        December 31, 2008                           (600)
                                                   1,000                         -                     400.00
        December 31, 2009                       (424,900)
                                                  15,300                         -                 (409,600.00)
        December 31, 2010                       (319,000)
                                                  17,000                         -                 (302,000.00)
        December 31, 2011                       (211,000)
                                                  20,000                         -                 (191,000.00)




TANGIBLE NET WORTH
                                              Total Equity          Intangible Assets      Tangible Net Worth
        December 31, 2008                           2,800                        -                      2,800
        December 31, 2009                       (322,100)                        -                   (322,100)
        December 31, 2010                       (641,000)                        -                   (641,000)
        December 31, 2011                       (852,000)                        -                   (852,000)
                                         Your Company
                        Financial Ratios & Other Financial Analysis Tools

FIXED ASSETS / TANGIBLE NET WORTH
                                         Net Fixed Assets      Tangible Net Worth Fixed Assets to Tangible
                                                                                                Net Worth
        December 31, 2008                           1,000                   2,800                     0.4
        December 31, 2009                         105,700               (322,100)                    (0.3)
        December 31, 2010                         113,000               (641,000)                    (0.2)
        December 31, 2011                         131,000               (852,000)                    (0.2)




DEBT TO EQUITY
                                          Total Liablilities   Tangible Net Worth           Debt to Equity
        December 31, 2008                           1,200                   2,800                      0.4
        December 31, 2009                       1,550,300               (322,100)                     (4.8)
        December 31, 2010                       2,094,000               (641,000)                     (3.3)
        December 31, 2011                       2,667,000               (852,000)                     (3.1)




GROSS PROFIT MARGIN
                                       Cost of Goods Sold               Net Sales     Gross Profit Margin
        December 31, 2008                          3,000                   7,000                     0.4
        December 31, 2009                      1,759,400               2,932,500                     0.6
        December 31, 2010                      1,920,000               3,500,000                     0.5
        December 31, 2011                      2,240,000               4,400,000                     0.5




EBT / TANGIBLE NET WORTH
                                   Earnings Before Income      Tangible Net Worth     EBT to Tangible Net
                                                     Taxes                                        Worth
        December 31, 2008                            (600)                 2,800                     (0.2)
        December 31, 2009                       (772,400)               (322,100)                     2.4
        December 31, 2010                       (579,000)               (641,000)                     0.9
        December 31, 2011                       (381,000)               (852,000)                     0.4




EBT / TOTAL ASSETS
                                   Earnings Before Income            Total Assets       EBT / Total Assets
                                                     Taxes
        December 31, 2008                            (600)                 2,800                      (0.2)
        December 31, 2009                       (772,400)               (322,100)                      2.4
        December 31, 2010                       (579,000)               (641,000)                      0.9
        December 31, 2011                       (381,000)               (852,000)                      0.4
                                            Your Company
                           Financial Ratios & Other Financial Analysis Tools

FIXED ASSET TURNOVER RATIO
                                                   Net Sales         Net Fixed Assets Fixed Assets to Tangible
                                                                                                    Net Worth
           December 31, 2008                         7,000                     1,000                      7.0
           December 31, 2009                     2,932,500                  105,700                      27.7
           December 31, 2010                     3,500,000                  113,000                      31.0
           December 31, 2011                     4,400,000                  131,000                      33.6




TOTAL ASSET TURNOVER RATIO
                                                   Net Sales             Total Assets Fixed Assets to Tangible
                                                                                                    Net Worth
           December 31, 2008                         7,000                     4,000                      1.8
           December 31, 2009                     2,932,500                1,228,200                       2.4
           December 31, 2010                     3,500,000                1,453,000                       2.4
           December 31, 2011                     4,400,000                1,815,000                       2.4




E.B.I.T.D.A.
                                              Earnings Before Interest, income Taxes,
                                                     Depreciation, and Amortization
           December 31, 2008                                                   1,400
           December 31, 2009                                                (674,100)
           December 31, 2010                                                (520,000)
           December 31, 2011                                                (340,000)




DEPRECIATION, DEPLETION, and AMORTIZATION / REVENUE
                                        Total Depreciation &                Net Sales   Depr, Depl, & Amort /
                                               Amortization                                           Revenue
           December 31, 2008                          1,000                    7,000                 14.286%
           December 31, 2009                         15,300                2,932,500                  0.522%
           December 31, 2010                         17,000                3,500,000                  0.486%
           December 31, 2011                         20,000                4,400,000                  0.455%




OFFICERS' & OWNERS' COMPENSATION / REVENUE
                                         Officer and Owners'                Net Sales       Officers' Comp. /
                                              Compensation                                            Revenue
           December 31, 2008                            -                      7,000                  0.000%
           December 31, 2009                        187,200                2,932,500                  6.384%
           December 31, 2010                        212,000                3,500,000                  6.057%
           December 31, 2011                        253,000                4,400,000                  5.750%

								
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