Bicycle Art Business Plan

8/11/2019 Bicycle Art Business Plan

1/28

Thanks for downloading a sample planfrom Bplans.com

A sample plan is a great way to get started, but you cant just printthis plan out and turn it into the bank. Youre still going to have to putin all your own information and do all of your own financial forecasts.

With Live lan, you can easily use this sample as inspiration and createyour own plan, complete with financial tables and graphs. Youll alsobe able to!

" #ave time with linked financial tables $the formulas are built in,

so you dont have to do the calculations%&" 'enefit from tons of help, advice, and resources." resent your plan with confidence, with automatic charts and graphs corresponding to your financial data." Work on your plan anywhere, on any computer.

()or *+ dollars ended up getting a -uarter of a million dollars offunding. hats worth it%/ 0 odd 1. ablegate

1lick here to save 2+3 off the first month of Live lan%
http://www.liveplan.com/specials/membersoffer/?utm_source=Bplans+List&utm_campaign=Membership+Delivery+SP&utm_medium=email&pm=HALFOFFMONTH1http://www.liveplan.com/specials/membersoffer/?utm_source=Bplans+List&utm_campaign=Membership+Delivery+SP&utm_medium=email&pm=HALFOFFMONTH1


2/28

1lick here to save 2+3 off the first month of Live lan%

Cover Page

his sample business plan has been made available to users of Business Plan Pro 4, businessplanning software published by alo Alto #oftware, nc. 5ames, locations and numbers may havebeen changed, and substantial portions of the original plan te6t may have been omitted to preserveconfidentiality and proprietary information.

You are welcome to use this plan as a starting point to create your own, but you do not havepermission to resell, reproduce, publish, distribute or even copy this plan as it e6ists here.

7e-uests for reprints, academic use, and other dissemination of this sample plan should be emailedto the marketing department of alo Alto #oftware at marketing8paloalto.com. )or productinformation visit our website! www.paloalto.com or call! 9:;++:**.

Copyright Palo Alto Software, Inc., 1 !"#$$ All rights reser%ed.
http://www.liveplan.com/specials/membersoffer/?utm_source=Bplans+List&utm_campaign=Membership+Delivery+SP&utm_medium=email&pm=HALFOFFMONTH1http://www.liveplan.com/specials/membersoffer/?utm_source=Bplans+List&utm_campaign=Membership+Delivery+SP&utm_medium=email&pm=HALFOFFMONTH1


3/28

Legal age

1onfidentiality Agreement

he undersigned reader acknowledges that the information provided by ????????????????????????? in this business plan is confidential@ therefore, reader agrees not todisclose it without the e6press written permission of ?????????????????????????.

t is acknowledged by reader that information to be furnished in this business plan is in all respectsconfidential in nature, other than information which is in the public domain through other meansand that any disclosure or use of same by reader, may cause serious harm or damage to

?????????????????????????.

pon re-uest, this document is to be immediately returned to ?????????????????????????.

???????????????????#ignature

???????????????????

5ame $typed or printed&

???????????????????Bate

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


4/28

Table of Contents

9.+ C6ecutive #ummary .....................................................................................................................19.9 Dission ...........................................................................................................................................29.* Ebjectives ....................................................................................................................................2

1hart! Fighlights ...........................................................................................................................3*.+ 1ompany #ummary ......................................................................................................................3

*.9 1ompany Ewnership ................................................................................................................3*.* #tart:up #ummary ....................................................................................................................3

able! #tart:up ...............................................................................................................................4able! #tart:up )unding ..............................................................................................................4

1hart! #tart:up ..............................................................................................................................5G.+ roducts ............................................................................................................................................5H.+ Darket Analysis #ummary .........................................................................................................5

H.9 Darket #egmentation ..............................................................................................................51hart! Darket Analysis $ ie& .....................................................................................................

able! Darket Analysis ................................................................................................................H.* arget Darket #egment #trategy ........................................................................................H.G ndustry Analysis .......................................................................................................................!

2.+ #trategy and mplementation #ummary .............................................................................!2.9 1ompetitive Cdge ......................................................................................................................!2.* #ales #trategy ............................................................................................................................!

2.*.9 #ales )orecast ...................................................................................................................."1hart! #ales Donthly ..............................................................................................................."

able! #ales )orecast ..............................................................................................................."2.G Dilestones ...................................................................................................................................."

able! Dilestones ...........................................................................................................................#>.+ Danagement #ummary ...............................................................................................................#

>.9 ersonnel lan ............................................................................................................................#bl ! l #


5/28


6/28

%i&e'rt

9.+ C6ecutive #ummary

The Concept'ikeArtJs mission is to provide the customer with functional items and art work made out ofrecycled bicycle parts. he art work will be made by three local artists, one of which is #teveJswife #hoodnt. #ome of the featured products are! wall clocks, picture frames, chairs, tables,mobiles, wind chimes, book ends, kitchen utensil holders, and many other products.

'ikeArt will be a stand:alone kiosk located in the busy Kalley 7iver Dall. hrough theoutstanding terms and conditions of its lease, 'ikeArt will be able to display its larger items on

the surrounding floor space. his should significantly increase sales as walk through traffic inthe mall is very high.

'ikeArt is forecasted to reach profitability by month nine and will have profits of almost H+,+++by year three.

Beginningshe first month will be used to set up the kiosk and get things underway. Buring this month the

part:time employees will be hired and trained. #ales will begin slowly during this first month.)rom the second month on, sales will steadily increase from the flow of customers that pass bythe kiosk.

otal startup costs are H2,+++. his will be financed through *2,+++ put forward by #teveseitagyen as e-uity and another *+,+++ in a long:term small business loan.

The Companyhe company will be a sole proprietorship owned and operated by #teve seitagyen.

#teve seitagyen is well -ualified to work in this niche market. Fe received a joint degree inbusiness administration and art design from the niversity of ortland. hroughout college#teve worked at a bicycle shop, initially as a mechanic, then moved up to sales, and then after


7/28


8/28

%i&e'rt

1hart! Fighlights

*.+ 1ompany #ummary

'ikeArt is a stand alone kiosk located in the Kalley 7iver Dall that sells pieces of art, furniture,and other items manufactured out of recycled bicycle parts. While some of the items arefunctional, they all can be considered art as they are aesthetically pleasing. n addition to thekiosk, 'ikeArt will warehouse their purchased products as well as do the back end accounting in#teve seitagyenJs home. #teve is the founder and operator of 'ikeArt.

'ikeArt will use three part:time employees to man the kiosk, in addition to #teve who will takecare of the hiring, payroll, and purchasing.


9/28

%i&e'rt

able! #tart:up

Start-up

Requirements

Start-up Expenses

Legal $300Insurance $0Rent $0Other $0

Total Start-up Expenses $300

Start-up Assets

Cash Require $!"# 00Start-up In%entor& $0Other Current Assets $0Long-term Assets $3#"00Total Assets $!!#'00

Total Requirements $!(#000


10/28

%i&e'rt

Table( )tart*up +unding

Start-up Funding

Start-up Expenses to )un $300Start-up Assets to )un $!!#'00Total )un ing Require $!(#000

Assets

*on-cash Assets +rom Start-up $3#"00Cash Requirements +rom Start-up $!"# 00

A itional Cash Raise $0Cash ,alance on Starting ate $!"# 00Total Assets $!!#'00

Lia.ilities an Capital

Lia.ilities

Current ,orro/ing $0Long-term Lia.ilities $ 0#000

Accounts 1a&a.le 2Outstan ing ,ills $0Other Current Lia.ilities 2interest-+ree $0Total Lia.ilities $ 0#000

Capital

1lanne In%estment

Ste%e $ (#000Other $0

A itional In%estment Requirement $0Total 1lanne In%estment $ (#000

Loss at Start-up 2Start-up Expenses 2$300Total Capital $ !#'00

Total Capital an Lia.ilities $!!#'00

Total Funding $!(#000


11/28


12/28

%i&e'rt

H.9 Darket #egmentation

'ikeArtJs market can be divided into two groups, industrial art collectors and bicycleenthusiasts. he industrial art collectors are characteriMed by people who collect art with anindustrial edge. ndustrial art is typically characteriMed through the use of either technicallooking structures or using parts that e6isted for another function for the basis of the art work.

ndustrial art is the opposite of organic art. ndustrial is typically sharp angles, straight lines.

he other market is of bicyclist enthusiasts. Cugene is a bicyclist town, one of the hottest in thecountry. n a town of 9G+,+++, there are three bicycle manufacturers, miles upon miles of bike

lanes and independent bike paths. f you drive around town you will see just about everyoneon bicycles, from small children to grandmothers. his culture will lend itself to 'ikeArt. hebicycle enthusiasts are people that ride a lot and appreciate anything related to bicycles,including bicycle art pieces.

1hart! Darket Analysis $ ie&


13/28


14/28


15/28

%i&e'rt

able! #ales )orecast

Sales Forecast

4ear " 4ear 4ear 3

Sales

In ustrial art collectors $(6# 8 $""(#!'( $" #(!',ic&cling enthusiasts $6'#(3" $"'6#'!( $"68#'6(Total Sales $"!(#' 0 $ 8!# 0 $3" #33

irect Cost o+ Sales 4ear " 4ear 4ear 3In ustrial art collectors $ 8#""( $('#'36 $ 3# '!,ic&cling enthusiasts $!3#' $68#3'3 $8!#683Subtotal Direct Cost of Sales $' #660 $"!'#""0 $"(6#"

2.G Dilestones

'ikeArt will have several milestones early on!

9. 'usiness plan completion. his will be done as a road map for the organiMation. While wedo not need a business plan to raise capital, it will be an indispensable tool for the ongoingperformance and improvement of the company.

*. #et up the kiosk.G. )irst turnover of inventory.H. 7evenue e6ceeding *2,+++.

able! Dilestones

Milestones

:ilestone Start ate En ate ,u get :anager epartment


16/28

%i&e'rt

>.9 ersonnel lan

#teve will begin the first two weeks setting up the kiosk and interviewing people. Buring thesecond half of the first month #teve will hire and train three part:time people to operate thekiosk during the day.

)rom month two on, there will always be one of the part:time employees running thekiosk. #teve will be taking care of all the financials, setting up vendor relations, and correctingany problems that 'ikeArt encounters.

able! ersonnel

Personnel Plan

4ear " 4ear 4ear 3

Ste%e $3 #000 $!0#000 $!!#0001art-time emplo&ee $"0#"00 $"0#600 $"0#6001art-time emplo&ee $"0#"00 $"0#600 $"0#6001art-time emplo&ee $"0#"00 $"0#600 $"0#600Total 1eople ! ! !

Total Payroll $ #300 $' #!00 $' #!00

=.+ )inancial lan

he following sections will outline the important financial assumptions, key financial indicators,'reak:even Analysis, profit and loss, cash flow, and balance sheet.

=.9 mportant Assumptions

he following table highlights some of the important financial assumptions for 'ikeArt.


17/28

%i&e'rt

=.* 'reak:even Analysis

he 'reak:even Analysis indicates 92,*9* is needed in monthly revenue to reach the break:even point.

1hart! 'reak:even Analysis

able! 'reak:even Analysis


18/28

%i&e'rt

=.G rojected rofit and Loss

he following table will indicate projected profit and loss.

able! rofit and Loss

Pro Forma Profit and Loss

4ear " 4ear 4ear 3

Sales $"!(#' 0 $ 8!# 0 $3" #33

irect Cost o+ Sales $' #660 $"!'#""0 $"(6#"Other $0 $0 $0Total Cost o+ Sales $' #660 $"!'#""0 $"(6#"

5ross :argin $' #660 $"!'#""0 $"(6#"5ross :argin 7 (09007 (09007 (09007

Expenses

1a&roll $ #300 $' #!00 $' #!00Sales an :ar


19/28

%i&e'rt

=.H rojected 1ash )low

he following chart and table will indicate projected cash flow.

1hart! 1ash


20/28

%i&e'rt

able! 1ash )low

Pro Forma Cash Flo

4ear " 4ear 4ear 3

Cash Recei%e

Cash +rom Operations

Cash Sales $"!(#' 0 $ 8!# 0 $3" #33Su.total Cash +rom Operations $"!(#' 0 $ 8!# 0 $3" #33

A itional Cash Recei%eSales Tax# ?AT# ST;5ST Recei%e $0 $0 $0*e/ Current ,orro/ing $0 $0 $0*e/ Other Lia.ilities 2interest-+ree $0 $0 $0*e/ Long-term Lia.ilities $0 $0 $0Sales o+ Other Current Assets $0 $0 $0Sales o+ Long-term Assets $0 $0 $0*e/ In%estment Recei%e $0 $0 $0Su.total Cash Recei%e $"!(#' 0 $ 8!# 0 $3" #33

Expen itures 4ear " 4ear 4ear 3

Expen itures +rom Operations

Cash Spen ing $ #300 $' #!00 $' #!00,ill 1a&ments $8'#836 $"8'# 80 $"66#06(Su.total Spent on Operations $" !# 36 $ 8# 80 $ !#!6(

A itional Cash Spent

Sales Tax# ?AT# ST;5ST 1ai Out $0 $0 $01rincipal Repa&ment o+ Current ,orro/ing $0 $0 $0Other Lia.ilities 1rincipal Repa&ment $0 $0 $0Long-term Lia.ilities 1rincipal Repa&ment $!#'63 $(# '0 $(#6 (

1urchase Other Current Assets $0 $0 $01urchase Long-term Assets $0 $0 $0i%i en s $0 $0 $0

Su.total Cash Spent $" 8#0 " $ '!#8 0 $ '0#308


21/28

%i&e'rt

=.2 rojected 'alance #heet

he following table will indicate the projected balance sheet.

able! 'alance #heet

Pro Forma Balance Sheet

4ear " 4ear 4ear 3

Assets

Current Assets

Cash $"6#338 $3'# 00 $63#In%entor& $" # 0! $ '# 0 $"(#(66Other Current Assets $0 $0 $0Total Current Assets $30#(!3 $ !#6"8 $88# "0

Long-term Assets

Long-term Assets $3#"00 $3#"00 $3#"00 Accumulate epreciation $ ! $"# !6 $"#6'Total Long-term Assets $ #!' $"#6( $"# 6Total Assets $33#0"8 $ # '" $"00#!36

Lia.ilities an Capital 4ear " 4ear 4ear 3

Current Lia.ilities

Accounts 1a&a.le $"3# 3 $" #!6 $"(#3 'Current ,orro/ing $0 $0 $0Other Current Lia.ilities $0 $0 $0Su.total Current Lia.ilities $"3# 3 $" #!6 $"(#3 '

Long-term Lia.ilities $"(# "' $8#8!' $!#" 3Total Lia.ilities $ 6#!(3 $ #!30 $"8#!80

1ai -in Capital $ (#000 $ (#000 $ (#000Retaine Earnings 2$300 2$ 0#!3! $"(# !E i g 2$ 0#"3! $3(# ' $!0#'0


22/28

'ppendi,

able! #ales )orecast

Sales Forecast

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Sales

Industrial art collectors 0% $0 $1,245 $1,854 $2,354 $2,987 $4,254 $5,385 $6,458 $7,548 $8,254 $8,745 $9,145Bic clin! enthusiasts 0% $0 $2,245 $3,258 $4,214 $5,214 $7,245 $8,457 $9,365 $10,255 $11,547 $12,687 $13,044"otal Sales $0 $3,490 $5,112 $6,568 $8,201 $11,499 $13,842 $15,823 $17,803 $19,801 $21,432 $22,189

#irect ost o Sales Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Industrial art collectors $0 $623 $927 $1,177 $1,494 $2,127 $2,693 $3,229 $3,774 $4,127 $4,373 $4,573

Bic clin! enthusiasts $0 $ 1,123 $ 1,629 $ 2,107 $ 2,607 $3,623 $4,229 $4,683 $5,128 $5,774 $6,344 $6,522

Subtotal Direct Cost of Sales $0 $1,745 $2,556 $3,284 $4,101 $5,750 $6,921 $7,912 $8,902 $9,901 $10,716 $11,095

Page 1


23/28


24/28

'ppendi,

able! Ieneral Assumptions

General Assumptions


'lan Month 1 2 3 4 5 6 7 8 9 10 11 12

u rren t In teres t +at e 10 00% 10 00% 10 00% 1 0 00% 1 0 00% 10 00% 10 00% 10 0 0% 10 00 % 10 00 % 10 00% 1 0 00-on !(ter) Inte rest +ate 10 00% 10 00% 10 00% 1 0 00% 1 0 00% 10 00% 10 00% 10 0 0% 10 00 % 10 00 % 10 00% 1 0 00%

"a. +ate 30 00% 25 00% 25 00% 25 00% 25 00% 25 00% 25 00% 25 00% 25 00% 25 00% 25 00% 25 00%

Other 0 0 0 0 0 0 0 0 0 0 0 0

Page 3


25/28

'ppendi,

able! rofit and Loss

Pro Forma Profit and Loss


Sales $0 $3,490 $5,112 $6,568 $8,201 $11,499 $13,842 $15,823 $17,803 $19,801 $21,432 $22,189

#irect ost o Sales $0 $1,745 $2,556 $3,284 $4,101 $5,750 $6,921 $7,912 $8,902 $9,901 $10,716 $11,095/ther $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

"otal ost o Sales $0 $1,745 $2,556 $3,284 $4,101 $5,750 $6,921 $7,912 $8,902 $9,901 $10,716 $11,095

ross Mar!in $0 $1,745 $2,556 $3,284 $4,101 $5,750 $6,921 $ 7,912 $8,902 $9,901 $10,716 $11,095

ross Mar!in % 0 00% 50 00% 50 00% 50 00% 50 00% 50 00% 50 00% 50 00% 50 00% 50 00% 50 00% 50 00

.*enses

'a roll $3,600 $5,700 $5,700 $5,700 $5,700 $5,700 $5,700 $5,700 $5,700 $5,700 $5,700 $5,700

Sales and Mar etin! and /ther.*enses

$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

#e*reciation $52 $52 $52 $52 $52 $52 $52 $52 $52 $52 $52 $52-eased ui*)ent $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

tilities $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100

Insurance $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100

+ent $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000

'a roll "a.es 15% $540 $855 $855 $855 $855 $855 $855 $855 $855 $855 $855 $855/ther $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

"otal /*eratin ! . *ense s $5 ,392 $7,807 $7, 807 $7,80 7 $7 ,807 $7,8 07 $7 ,80 7 $ 7,807 $7 ,807 $ 7,807 $7, 807 $7 ,807

'ro it Be ore Interest and "a.es $5,392 $6,062 $5,251 $4,523 $3,707 $2,058 $886 $105 $1,095 $2,094 $2,909 $3,2

BI"# $5,340 $6,010 $5,199 $4,471 $3,655 $2,006 $834 $157 $1,147 $2,146 $2,961 $3,34

Interest .*ense $163 $ 160 $ 157 $154 $151 $147 $144 $141 $137 $134 $130 $127"a.es Incurred $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

et 'ro it $5,555 $6,222 $5,408 $4,677 $3,857 $2,205 $1,030 $36 $957 $1,960 $2,779 $3,1

Net Profit/Sales 0 00% (178 29% (105 79% (71 21% (47 03% (19 17% (7 44% (0 23% 5 38% 9 90% 12 97% 14 24

Page 4


26/28

'ppendi,

able! 1ash )low

Pro Forma Cash Flow


ash +ecei&ed

ash ro) /*erations

ash Sales $0 $3,490 $5,112 $6,568 $8,201 $11,499 $13,842 $15,823 $17,803 $19,801 $21,432 $22,189

Su total ash ro) /*erations $0 $3,490 $5,112 $6,568 $8,201 $11,499 $13,842 $15,823 $17,803 $19,801 $21,432 $22,189

dditional ash +ecei&ed

Sales "a ., : ", ;S"< S" +ec ei&e d 0 00% $0 $0 $ 0 $ 0 $0 $0 $ 0 $0 $0 $0 $0 $0e= urrent Borro=in! $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

e= /ther -ia ilities interest( ree $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

e= -on!(ter) -ia ilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Sales o /ther urrent ssets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Sales o -on!(ter) ssets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

e= In&est)ent +ecei&ed $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0Su total ash +ecei&ed $0 $3,490 $5,112 $6,568 $8,201 $11,499 $13,842 $15,823 $17,803 $19,801 $21,432 $22,189

.*enditures Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

.*enditures ro) /*erations

ash S*endin! $3,600 $5,700 $5,700 $ 5,700 $ 5,700 $ 5,700 $ 5,700 $ 5,700 $ 5,700 $ 5,700 $ 5,700 $5,700

Bill 'a )ents $63 $2,036 $5,872 $5,681 $6,324 $7,290 $9,787 $10,435 $11,229 $12,216 $13,208 $13,795

Su tota l S*ent o n /*erati ons $3,66 3 $7,73 6 $11, 572 $11,381 $12, 024 $ 12,9 90 $ 15,487 $1 6,135 $1 6,929 $1 7,916 $18 ,908 $19 ,495

dditional ash S*ent

Sales "a., : ", ;S"< S" 'aid /ut $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

'rinci*al +e*a )ent o urrent Borro=in! $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

/ther -ia ilities 'rinci*al +e*a )ent $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

-on !(ter) -ia i li tie s 'rinc i* al +e*a )ent $38 1 $38 4 $38 7 $390 $ 393 $397 $400 $403 $407 $410 $414 $417

'urchase /ther urrent ssets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

'urchase -on!(ter) ssets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

#i&idends $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Su total ash S*ent $4,044 $8,120 $11,959 $11,771 $12,417 $13,386 $15,887 $16,538 $17,336 $18,326 $19,322 $19,912

et ash >lo= $4,044 $4,630 $6,847 $5,203 $4,216 $1,887 $2,045 $715 $467 $1,475 $2,110 $2,2

Cash Balance $37,556 $32,926 $26,079 $20,875 $16,659 $14,772 $12,727 $12,011 $12,478 $13,952 $16,062 $18,339

Page 5


27/28

'ppendi,

Page


28/28

'ppendi,

able! 'alance #heet

Pro Forma Balance Sheet


ssets Startin! Balances

urrent ssets

ash $41,600 $37,556 $32,926 $26,079 $20,875 $16,659 $14,772 $12,727 $12,011 $12,478 $13,952 $16,062 $18,339In&entor $0 $0 $1,920 $2,812 $3,612 $4,511 $6,324 $7,613 $8,703 $9,792 $10,891 $11,788 $12,204/ther urrent ssets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0"o ta l ur re nt ss et s $ 41 ,6 00 $ 37 ,5 56 $ 34 ,8 46 $ 28 ,8 91 $ 24 ,4 88 $ 21 ,1 70 $ 21 ,0 96 $ 20 ,3 40 $ 20 ,7 14 $ 22 ,2 70 $ 24 ,8 43 $ 27 ,8 50 $ 30 ,5 43

-on!(ter) ssets

-on!(ter) ssets $3,100 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100ccu)ulated #e*reciation $0 $52 $104 $156 $208 $260 $312 $364 $416 $468 $520 $572 $624

"otal -on! (t er) ss ets $ 3,100 $ 3,048 $2 ,996 $2,9 44 $2,89 2 $2,840 $ 2,788 $2 ,736 $2, 684 $2,6 32 $2,580 $2,528 $2 ,476"otal ssets $44,700 $ 40,604 $37,842 $31,835 $27,380 $24,010 $23,884 $23,076 $23,398 $24,902 $27,423 $30,378 $33,019

-ia ilities and a*ital Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

urrent -ia ilities

ccounts 'a a le $0 $1,840 $5,684 $5,472 $6,084 $6,964 $9,440 $10,062 $10,823 $11,777 $12,749 $13,338 $13,236urrent Borro=in! $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

/ther urrent -ia ilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0S u to ta l u rr en t - ia il it ies $ 0 $ 1, 84 0 $ 5, 68 4 $ 5, 47 2 $ 6, 08 4 $ 6, 96 4 $ 9, 44 0 $ 10 ,0 62 $ 1 0, 82 3 $ 11 ,7 77 $ 1 2, 74 9 $ 13 ,3 38 $ 1 3, 23 6

- on !( te r) - ia i li ti es $ 20 ,0 00 $ 19 ,6 19 $ 1 9, 23 6 $ 18 ,8 49 $ 1 8, 45 9 $ 18 ,0 65 $ 1 7, 66 8 $ 17 ,2 68 $ 1 6, 86 5 $ 16 ,4 58 $ 1 6, 04 8 $ 15 ,6 34 $ 1 5, 21 7"otal -i a ilit ies $20 ,000 $ 21,46 0 $24 ,920 $ 24,3 20 $ 24,54 3 $25,029 $ 27,109 $ 27 ,330 $ 27,6 88 $ 28,23 5 $28,796 $ 28,972 $ 28 ,453

'aid(i n a* ital $25 ,000 $ 25,00 0 $25 ,000 $ 25,0 00 $ 25,00 0 $25,000 $ 25,000 $ 25 ,000 $ 25,0 00 $ 25,00 0 $25,000 $ 25,000 $ 25 ,000+etained arnin!s $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300

arnin!s $0 $5,555 $11,778 $17,186 $21,863 $25,720 $27,924 $28,954 $28,990 $28,033 $26,073 $23,295"otal a*ital $24,700 $19,145 $12,922 $7,514 $2,837 $1,020 $3,224 $4,254 $4,290 $3,333 $1,373 $1,405 $4,566"ota l - ia i li ties and a*ital $44,700 $40,604 $37,842 $31,835 $27,380 $24,010 $23,884 $23,076 $23,398 $24,902 $27,423 $30,378 $33,019

Net Worth $24,700 $19,145 $12,922 $7,514 $2,837 $1,020 $3,224 $4,254 $4,290 $3,333 $1,373 $1,405 $4,566

Page !

Bicycle Art Business Plan

Documents

Transcript of Bicycle Art Business Plan