TLC Wedding Consultants

7/29/2019 TLC Wedding Consultants

1/27

This sample business plan has been made available to users ofBusiness Plan Pro, businessplanning software published by Palo Alto Software, Inc. Names, locations and numbers may havebeen changed, and substantial portions of the original plan text may have been omitted topreserve confidentiality and proprietary information.

You are welcome to use this plan as a starting point to create your own, but you do not have

permission to resell, reproduce, publish, distribute or even copy this plan as it exists here.

Requests for reprints, academic use, and other dissemination of this sample plan should be emailedto the marketing department of Palo Alto Software at [email protected]. For productinformation visit our Website: www.paloalto.com or call: 1-800-229-7526.

Copyright Palo Alto Software, Inc., 1995-2009 All rights reserved.


2/27

Confidentiality Agreement

The undersigned reader acknowledges that the information provided by_________________________ in this business plan is confidential; therefore, reader agrees not todisclose it without the express written permission of _________________________.

It 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 means andthat any disclosure or use of same by reader, may cause serious harm or damage to

_________________________.

Upon request, this document is to be immediately returned to _________________________.

___________________Signature

___________________Name (typed or printed)

___________________Date

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


3/27

Table of Contents

1.0 Executive Summary..............................................................................................................1Chart: Highlights ........................................................................................................1

1.1 Objectives ....................................................................................................................11.2 Mission.........................................................................................................................11.3 Keys to Success...........................................................................................................2

2.0 Company Summary ..............................................................................................................22.1 Company Ownership....................................................................................................22.2 Start-up Summary ........................................................................................................2

Table: Start-up...........................................................................................................3Chart: Start-up ...........................................................................................................3

3.0 Services................................................................................................................................34.0 Market Analysis Summary ....................................................................................................4

4.1 Market Segmentation ...................................................................................................4Table: Market Analysis ..............................................................................................4Chart: Market Analysis (Pie) ......................................................................................5

4.2 Target Market Segment Strategy .................................................................................5

4.3 Service Business Analysis ...........................................................................................54.3.1 Competition and Buying Patterns .....................................................................5

5.0 Strategy and Implementation Summary................................................................................65.1 Competitive Edge.........................................................................................................65.2 Marketing Strategy .......................................................................................................65.3 Sales Strategy..............................................................................................................6

5.3.1 Sales Forecast..................................................................................................7Table: Sales Forecast .......................................................................................7Chart: Sales Monthly.........................................................................................7Chart: Sales by Year.........................................................................................8

5.4 Milestones....................................................................................................................8T bl Mil t 8


4/27

Table of ContentsTable: Cash Flow.....................................................................................................15

Chart: Cash..............................................................................................................167.6 Projected Balance Sheet............................................................................................17

Table: Balance Sheet ..............................................................................................177.7 Business Ratios .........................................................................................................17

Table: Ratios ...........................................................................................................18Table: Sales Forecast ................................................................................................................1Table: Personnel ........................................................................................................................2Table: Profit and Loss ................................................................................................................3Table: Cash Flow........................................................................................................................4Table: Balance Sheet .................................................................................................................5


5/27

TLC Wedding Consultants

1.0 Executive Summary

TLC Wedding Consultants is a full service company that provides complete consulting services forweddings, holy unions and anniversaries. Our consultants are experienced and dedicatedprofessionals with many years of event planning experience. TLC is unique in that we give ourclients our undivided attention. We listen to their needs and work with them to create the eventof their dreams. Our clients' wishes become our commands. So whether our client wants aWestern, Tropical, Las Vegas or more traditional wedding, we can help. Our services include

weddings, honeymoons, receptions, anniversary consultations, budget planning, answers toetiquette questions, as well as full-service referrals to florists, hair stylists, entertainers,musicians, etc.


6/27

TLC Wedding Consultantsclients our undivided attention. We listen to their needs and work with them to create the event

of their dreams. Our clients' wishes become our commands. So whether our client wants aWestern, Tropical, Las Vegas or more traditional wedding or anniversary party, we can help.Our services include weddings, honeymoons, receptions, anniversary consultations, budgetplanning, answers to etiquette questions, as well as full-service referrals to florists, hairstylists, entertainers, musicians, etc.

1.3 Keys to Success

The keys to our success are as follows:

1. Service our clients' needs promptly and efficiently.2. Maintain an excellent working relationships with vendors such as florists, hair salons

and bridal shops.3. Maintain a professional image at all times.

2.0 Company Summary

TLC Wedding Consultants is a start-up company that provides wedding, holy union, andanniversary consulting services to brides, grooms and other family members. We are a full-service bridal consulting group and our goal is to put the "fun" back into planning a wedding,holy union or anniversary party. Too many people become overly stressed and frustrated whenplanning these wonderful events. We are experienced and professional consultants and will useour expertise to help create memorable and stress free events for our customers. By doing this,

our clients can sit back and enjoy their event. The result? We create events suited to thecouple's unique style--a true expression of their relationship and individuality as a couple.


7/27


Table: Start-up

Start-up

Requirements

Start-up Expenses

Legal $200

Stationery etc. $450

Brochures $450

Insurance $300

Research and development $200Expensed equipment $900

Other $500

Total Start-up Expenses $3,000

Start-up Assets

Cash Required $5,000

Other Current Assets $0

Long-term Assets $0

Total Assets $5,000

Total Requirements $8,000


8/27


4.0 Market Analysis Summary

Nearly $35 billion are spent every year on weddings and receptions. Therefore, professionalwedding consultants are a commodity, not a calamity. TLC Wedding Consultants are full-service wedding consultants that offer a variety of services to our clients. We pride ourselveson being professional and courteous at all times and we have packages to suit everyone's needs.

As previously stated, marriage is a billion dollar industry, therefore, just about everyone we meet

is a potential client. However, we mostly advertise to brides, grooms, and family members.

4.1 Market Segmentation

Although the flash and excitement of impending nuptials can be intoxicating, it can also beoverwhelming. Therefore, we primarily market our services to the people who need themmost--brides and grooms. In 1997, 2.4 million marriages took place in the United States.

According to the Encarta Encyclopedia, the current US marriage rate of nine marriages per 1,000people is still the highest rate among the industrialized countries. This marriage rate isexpected to remain at the same level in the near future. In the Eugene, OR area where TLCWedding Consultants plans to operate their business, over 1,500 marriages are registered eachyear, which creates a sizable market potential for this line of business.

Another customer segment is represented by the numerous family members and guestsattending weddings, anniversaries, and similar events. This segment requires event preparationservices like gift ideas, etiquette tips, etc.

Besides the wedding arrangements, which TLC Wedding Consultants believe to be their majorclient assignments, other events the company will provide services to include corporateretreats, etiquette training, etc. This customer segment is estimated to have the annual volumef 1 000 d i th E OR


9/27


4.2 Target Market Segment Strategy

TLC Wedding Consultants will offer its services mostly to the brides and grooms, as well as to the

family members. The company will position itself as an experienced provider of wedding planningservices. Unlike most of its competitors, TLC will be offering a full range of services and thusprovide the convenience of one-stop shopping for its clients. This will significantly reduce thecustomers' time and efforts preparing for such an important event as a wedding. Moreover, byutilizing numerous supplier contacts that the company owners have established and economies of


10/27


Rent-An-Action offers ceremony preparation, rehearsing and execution services. Cross & Reeves provide flower and catering arrangements and wedding consulting

services. Lafayette Wedding offers its clients entertaining, catering, floral design and hair styling

services.

The market research has also shown that customers anticipate the complete weddingconsulting services to be expensive and they budget accordingly. In fact, lower prices are veryoften associated with poor service quality. By aggregating a complete range of wedding

services under one roof, TLC Wedding Consultants will offer its customers the ease of one-stopshopping.

5.0 Strategy and Implementation Summary

Our strategy is simple: we intend to provide our customers with a wide range of servicescustom tailored to their individual needs. Therefore, whether they require a complete package, or

simply consulting on a particular service, we can help.

5.1 Competitive Edge

By aggregating a complete range of wedding services under one roof, TLC WeddingConsultants will offer its customers the ease of one-stop shopping. The company will leverageits owners' expertise in planning such events to competitively position itself as a premier provider

of wedding services. Both owners have very strong communication skills that will help developthe 'buzz' about the high quality of the services offered by TLC Wedding Consultants.


11/27


5.3.1 Sales Forecast

Table: Sales Forecast

Sales Forecast

Year 1 Year 2 Year 3Sales

Brides & Grooms $54,200 $65,040 $71,544

Family Members $25,800 $30,960 $34,056

Other $15,300 $18,360 $20,196

Total Sales $95,300 $114,360 $125,796

Direct Cost of Sales Year 1 Year 2 Year 3

Row 1 $0 $0 $0

Row 1 $0 $0 $0

Other $0 $0 $0Subtotal Direct Cost of Sales $0 $0 $0


12/27


5.4 Milestones

Table: Milestones

Mil


13/27


6.0 Management Summary

Our wedding consultants are Darla and Micah Johnson. Collaboratively they have planned and

serviced over 150 weddings and receptions. They are knowledgeable about all areas ofplanning, decorating, as well as budgeting. Darla has a BS in Communications and a minor inInterior Decorating. She has been a wedding consultant for five years and became interested inproviding consultant services when she successfully planned her first five weddings for family andfriends Since then Darla has received extensive training in wedding planning and her


14/27


Table: Personnel

Personnel Plan

Year 1 Year 2 Year 3

Owner $53,100 $76,200 $85,800

Other $0 $0 $0

Total People 0 0 0

Total Payroll $53,100 $76,200 $85,800

7.0 Financial Plan

The following subtopics represent the financial plan of TLC Wedding Consultants.

7.1 Start-up Funding

Table: Start-up Funding

Start-up Funding

Start-up Expenses to Fund $3,000

Start-up Assets to Fund $5,000

Total Funding Required $8,000

Assets

Non-cash Assets from Start-up $0

Cash Requirements from Start-up $5,000Additional Cash Raised $0

Cash Balance on Starting Date $5,000

Total Assets $5,000


15/27


7.2 Important Assumptions

7.3 Break-even Analysis

The following table and chart summarize our break-even analysis.

Table: Break-even Analysis

Break-even Analysis

Monthly Revenue Break-even $4,804

Assumptions:

Average Percent Variable Cost 0%Estimated Monthly Fixed Cost $4,804


16/27


7.4 Projected Profit and Loss

Our projected profit and loss is shown in the following table.

Table: Profit and Loss

Pro Forma Profit and Loss

Year 1 Year 2 Year 3Sales $95,300 $114,360 $125,796

Direct Cost of Sales $0 $0 $0

Other $0 $0 $0

Total Cost of Sales $0 $0 $0

Gross Margin $95,300 $114,360 $125,796

Gross Margin % 100.00% 100.00% 100.00%

ExpensesPayroll $53,100 $76,200 $85,800

Sales and Marketing and Other Expenses $4,550 $1,000 $2,000Depreciation $0 $0 $0

Leased Equipment $0 $0 $0

Utilities $0 $0 $0

Insurance $0 $0 $0

Rent $0 $0 $0

Payroll Taxes $0 $0 $0

Other $0 $0 $0

Total Operating Expenses $57,650 $77,200 $87,800

Profit Before Interest and Taxes $37,650 $37,160 $37,996EBITDA $37,650 $37,160 $37,996

Interest Expense $0 $0 $0

Taxes Incurred $9,443 $9,290 $9,657


17/27



18/27



19/27


Table: Cash Flow

Pro Forma Cash Flow

Year 1 Year 2 Year 3

Cash Received

Cash from Operations

Cash Sales $38,120 $45,744 $50,318

Cash from Receivables $45,494 $66,279 $74,075

Subtotal Cash from Operations $83,614 $112,023 $124,394

Additional Cash ReceivedSales Tax, VAT, HST/GST Received $0 $0 $0

New Current Borrowing $0 $0 $0

New Other Liabilities (interest-free) $0 $0 $0

New Long-term Liabilities $0 $0 $0

Sales of Other Current Assets $0 $0 $0

Sales of Long-term Assets $0 $0 $0

New Investment Received $0 $0 $0

Subtotal Cash Received $83,614 $112,023 $124,394

Expenditures Year 1 Year 2 Year 3

Expenditures from Operations

Cash Spending $53,100 $76,200 $85,800

Bill Payments $12,748 $10,689 $11,545

Subtotal Spent on Operations $65,848 $86,889 $97,345

Additional Cash Spent

Sales Tax, VAT, HST/GST Paid Out $0 $0 $0

Principal Repayment of Current Borrowing $0 $0 $0

Other Liabilities Principal Repayment $0 $0 $0

Long-term Liabilities Principal Repayment $0 $0 $0

Purchase Other Current Assets $0 $0 $0

Purchase Long-term Assets $0 $0 $0Dividends $0 $0 $0

Subtotal Cash Spent $65,848 $86,889 $97,345

Net Cash Flow $17,766 $25,134 $27,049


20/27



21/27


7.6 Projected Balance Sheet

Three years of annual totals are presented in the Projected Balance Sheet below. First yearmonthly figures are included in the appendix.

Table: Balance Sheet

Pro Forma Balance SheetYear 1 Year 2 Year 3

Assets

Current Assets

Cash $22,766 $47,900 $74,949

Accounts Receivable $11,686 $14,023 $15,426

Other Current Assets $0 $0 $0Total Current Assets $34,452 $61,923 $90,374

Long-term Assets

Long-term Assets $0 $0 $0

Accumulated Depreciation $0 $0 $0

Total Long-term Assets $0 $0 $0

Total Assets $34,452 $61,923 $90,374

Liabilities and Capital Year 1 Year 2 Year 3

Current Liabilities

Accounts Payable $1,245 $846 $958

Current Borrowing $0 $0 $0

Other Current Liabilities $0 $0 $0

Subtotal Current Liabilities $1,245 $846 $958

Long-term Liabilities $0 $0 $0

Total Liabilities $1,245 $846 $958

Paid-in Capital $8,000 $8,000 $8,000


22/27


Table: Ratios

Ratio Analysis

Year 1 Year 2 Year 3 Industry Profile

Sales Growth n.a. 20.00% 10.00% 17.90%

Percent of Total Assets

Accounts Receivable 33.92% 22.65% 17.07% 11.10%

Other Current Assets 0.00% 0.00% 0.00% 37.10%

Total Current Assets 100.00% 100.00% 100.00% 52.80%

Long-term Assets 0.00% 0.00% 0.00% 47.20%

Total Assets 100.00% 100.00% 100.00% 100.00%

Current Liabilities 3.61% 1.37% 1.06% 33.90%

Long-term Liabilities 0.00% 0.00% 0.00% 28.00%

Total Liabilities 3.61% 1.37% 1.06% 61.90%

Net Worth 96.39% 98.63% 98.94% 38.10%

Percent of Sales

Sales 100.00% 100.00% 100.00% 100.00%

Gross Margin 100.00% 100.00% 100.00% 0.00%

Selling, General & Administrative Expenses 70.37% 75.63% 77.35% 72.70%

Advertising Expenses 3.52% 0.87% 1.59% 2.20%Profit Before Interest and Taxes 39.51% 32.49% 30.20% 4.00%

Main Ratios

Current 27.68 73.22 94.32 1.81

Quick 27.68 73.22 94.32 1.33

Total Debt to Total Assets 3.61% 1.37% 1.06% 61.90%

Pre-tax Return on Net Worth 113.38% 60.84% 42.49% 6.30%

Pre-tax Return on Assets 109.28% 60.01% 42.04% 16.60%

Additional Ratios Year 1 Year 2 Year 3

Net Profit Margin 29.60% 24.37% 22.53% n.a

Return on Equity 84.94% 45.63% 31.69% n.a

Activity Ratios

Accounts Receivable Turnover 4.89 4.89 4.89 n.a

Collection Days 57 68 71 n.a


23/27

Appendix

Page 1

Table: Sales Forecast

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

Brides & Grooms 0% $2,900 $3,100 $3,300 $3,500 $4,000 $5,400 $4,600 $5,000 $5,200 $5,500 $5,700 $6,000

Family Members 0% $1,600 $1,700 $1,800 $1,900 $2,000 $2,100 $2,200 $2,300 $2,400 $2,500 $2,600 $2,700Other 0% $1,200 $1,200 $1,200 $1,200 $1,200 $1,300 $1,300 $1,300 $1,300 $1,300 $1,400 $1,400

Total Sales $5,700 $6,000 $6,300 $6,600 $7,200 $8,800 $8,100 $8,600 $8,900 $9,300 $9,700 $10,100

Direct Cost of 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

Row 1 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Row 1 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Subtotal Direct Cost of Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0


24/27

Appendix

Page 2

Table: Personnel

Personnel Plan


Owner 0% $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $5,700 $5,700 $5,700

Other 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total People 0 0 0 0 0 0 0 0 0 0 0 0

Total Payroll $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $5,700 $5,700 $5,700


25/27

Appendix

Page 3

Table: Profit and Loss

Pro Forma Profit and Loss


Sales $5,700 $6,000 $6,300 $6,600 $7,200 $8,800 $8,100 $8,600 $8,900 $9,300 $9,700 $10,100

Direct Cost of Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0Total Cost of Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Gross Margin $5,700 $6,000 $6,300 $6,600 $7,200 $8,800 $8,100 $8,600 $8,900 $9,300 $9,700 $10,100

Gross Margin % 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Expenses

Payroll $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $5,700 $5,700 $5,700

Sales and Marketing and OtherExpenses

$1,100 $250 $250 $250 $600 $250 $250 $250 $600 $250 $250 $250

Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Leased Equipment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Utilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Insurance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Rent $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0Payroll Taxes 15% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Operating Expenses $5,100 $4,250 $4,250 $4,250 $4,600 $4,250 $4,250 $4,250 $4,600 $5,950 $5,950 $5,950

Profit Before Interest and Taxes $600 $1,750 $2,050 $2,350 $2,600 $4,550 $3,850 $4,350 $4,300 $3,350 $3,750 $4,150

EBITDA $600 $1,750 $2,050 $2,350 $2,600 $4,550 $3,850 $4,350 $4,300 $3,350 $3,750 $4,150

Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Taxes Incurred $180 $438 $513 $588 $650 $1,138 $963 $1,088 $1,075 $838 $938 $1,038

Net Profit $420 $1,313 $1,538 $1,763 $1,950 $3,413 $2,888 $3,263 $3,225 $2,513 $2,813 $3,113

Net Profit/Sales 7.37% 21.88% 24.40% 26.70% 27.08% 38.78% 35.65% 37.94% 36.24% 27.02% 28.99% 30.82%


26/27

Appendix

Page 4

Table: Cash Flow

Pro Forma Cash Flow


Cash Received

Cash from OperationsCash Sales $2,280 $2,400 $2,520 $2,640 $2,880 $3,520 $3,240 $3,440 $3,560 $3,720 $3,880 $4,040

Cash from Receivables $0 $114 $3,426 $3,606 $3,786 $3,972 $4,352 $5,266 $4,870 $5,166 $5,348 $5,588

Subtotal Cash from Operations $2,280 $2,514 $5,946 $6,246 $6,666 $7,492 $7,592 $8,706 $8,430 $8,886 $9,228 $9,628

Additional Cash Received

Sales Tax, VAT, HST/GST Received 0.00% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

New Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

New Other Liabilities (interest-free) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

New Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Sales of Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Sales of Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

New Investment Received $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Subtotal Cash Received $2,280 $2,514 $5,946 $6,246 $6,666 $7,492 $7,592 $8,706 $8,430 $8,886 $9,228 $9,628

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

Expenditures from Operations

Cash Spending $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $5,700 $5,700 $5,700

Bill Payments $43 $1,260 $690 $765 $851 $1,255 $1,382 $1,217 $1,349 $1,655 $1,091 $1,191

Subtotal Spent on Operations $4,043 $5,260 $4,690 $4,765 $4,851 $5,255 $5,382 $5,217 $5,349 $7,355 $6,791 $6,891

Additional Cash Spent

Sales Tax, VAT, HST/GST Paid Out $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Principal Repayment of Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other Liabilities Principal Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Long-term Liabilities Principal Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Purchase Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Purchase Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Dividends $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0Subtotal Cash Spent $4,043 $5,260 $4,690 $4,765 $4,851 $5,255 $5,382 $5,217 $5,349 $7,355 $6,791 $6,891

Net Cash Flow ($1,763) ($2,746) $1,256 $1,481 $1,815 $2,237 $2,210 $3,489 $3,081 $1,531 $2,437 $2,737

Cash Balance $3,237 $491 $1,747 $3,228 $5,043 $7,280 $9,491 $12,980 $16,061 $17,592 $20,029 $22,766


27/27

Appendix

Page 5

Table: Balance Sheet

Pro Forma Balance Sheet


Assets Starting Balances

Current AssetsCash $5,000 $3,237 $491 $1,747 $3,228 $5,043 $7,280 $9,491 $12,980 $16,061 $17,592 $20,029 $22,766

Accounts Receivable $0 $3,420 $6,906 $7,260 $7,614 $8,148 $9,456 $9,964 $9,858 $10,328 $10,742 $11,214 $11,686

Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Current Assets $5,000 $6,657 $7,397 $9,007 $10,842 $13,191 $16,736 $19,455 $22,838 $26,389 $28,334 $31,243 $34,452

Long-term Assets

Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Accumulated Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Assets $5,000 $6,657 $7,397 $9,007 $10,842 $13,191 $16,736 $19,455 $22,838 $26,389 $28,334 $31,243 $34,452

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

Current Liabilities

Accounts Payable $0 $1,237 $665 $737 $810 $1,208 $1,341 $1,172 $1,293 $1,619 $1,051 $1,148 $1,245

Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Subtotal Current Liabilities $0 $1,237 $665 $737 $810 $1,208 $1,341 $1,172 $1,293 $1,619 $1,051 $1,148 $1,245

Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Liabilities $0 $1,237 $665 $737 $810 $1,208 $1,341 $1,172 $1,293 $1,619 $1,051 $1,148 $1,245

Paid-in Capital $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000

Retained Earnings ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000) ($3,000)

Earnings $0 $420 $1,733 $3,270 $5,033 $6,983 $10,395 $13,283 $16,545 $19,770 $22,283 $25,095 $28,208

Total Capital $5,000 $5,420 $6,733 $8,270 $10,033 $11,983 $15,395 $18,283 $21,545 $24,770 $27,283 $30,095 $33,208

Total Liabilities and Capital $5,000 $6,657 $7,397 $9,007 $10,842 $13,191 $16,736 $19,455 $22,838 $26,389 $28,334 $31,243 $34,452

Net Worth $5,000 $5,420 $6,733 $8,270 $10,033 $11,983 $15,395 $18,283 $21,545 $24,770 $27,282 $30,095 $33,207

TLC Wedding Consultants

Documents

Transcript of TLC Wedding Consultants