tsunami bodywork

7/29/2019 Tsunami Bodywork

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BusinessPlan


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Contact: Voula Konstantarakis

Phone: (702) 596-3333

E-mail: [email protected]


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Table of Contents

ExecutiveSummary.................................................................................................... 4

Use of Funds........................................................................................................ 5

Company Ownership........................................................................................... 5

Company Location............................................................................................... 5

Mission................................................................................................................. 5

Services.................................................................................................................... 6

Product Description.............................................................................................. 6

Market AnalysisSummary............................................................................................ 8

Market Segmentation........................................................................................... 9

Market Needs..................................................................................................... 10

Industry Analysis................................................................................................ 11

Competitive Comparison................................................................................... 11

Strategyand ImplementationSummary........................................................................ 13Competitive Edge............................................................................................... 13

Marketing Strategy............................................................................................. 13

ManagementSummary.............................................................................................. 15

Financial Indicators................................................................................................... 16

Appendix.................................................................................................................. 26


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ExecutiveSummaryTsunami Body Works, LLC (also referred to as the Company) is a start-up business headquartered in

Las Vegas, Nevada that is scheduled to begin operations in October 2010. The Company will be aunique online retailer offering a wide selection of high-quality, European-formula body care productsdesigned to help women feel beautiful, bolder, and renewed. The Company will utilize state-of-the-arttechnology to make superior products that feature all-natural ingredients. With a focus on excellentcustomer service and affordable, high-quality products, Tsunami Body Works intends to achieve a loyalcustomer base and expand its product line.

Beauty products make up a large segment of the American consumer economy. Within that largegrouping, natural cosmetic products have become some of the highest sellers. Tsunami Body Workswill provide the highest quality natural cosmetic products, offering unique formulations that have a largeand growing need. The Company will be headquartered in Las Vegas, Nevada, one of the worldspremier tourist destinations, and will conduct the bulk of its business via the Internet. Buying productsover the Internet has become the norm in the past decade, with any type of product available and usuallyfor a reduced price. Tsunami Body Works will be able to offer customers across the country the highestquality beauty products without having to cater to a specific area of operation.

In order to take advantage of the high-end salons and spas that accompany some of the worlds mostluxurious hotels, Tsunami Body Works will offer its line of beauty products to spas and salons in theLas Vegas area. By catering both directly to consumers and to beauty shops, Tsunami Body Works willbe able to establish and build a strong and sustainable brand image. The Company will cater directly towomen who earn mid-level salaries and are interested in salon level products that can be used in theprivacy of their own homes.

Tsunami Body Works intends to promote its line of body and skin care products to retail salonenvironments, as well as to consumers, by launching a creative promotional campaign intended tosaturate the market with brand awareness. Specific advertising channels will include flyer distribution,use of a website, Internet marketing, networking, and television commercials. In addition, the Company


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Use of FundsThe table below outlines the sources and uses of funding:

Loan $150,000

Ow ner Investment $0

Investor $0

Total Sources $150,000

Start-up Expenses

Legal $20,000

Stationery $6,000

Brochures $1,000

Consultants $5,000

Insurance $3,000

Rent $975

R & D $2,000

Other $2,000

Total Start-up Expenses $39,975

Start-up Assets

Working Capital $84,025

Inventory $20,000

Equipment $6,000

Property $0

Other Long-term Assets $0

Total Start-up Assets $110,025

Total Uses $150,000

SO

URCES&USES

SOURCES OF FUNDS

USES OF FUNDS

Company Ownership


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ServicesTsunami Body Works will be an online retailer offering various body care products for women. The

Company will combine traditional European beauty formulas with modern technology to create high-quality products made from all natural ingredients. The Company will offer three unique product lines;all of which feature formulations that are designed to nourish and protect the skin, making all womenlook and feel younger, bolder, and renewed. Tsunami Body Works products are as follows:

Tsunami Hot and Cold:

Cellulite & Weight Loss

o

Tsunami Cellulite Creamo Tsunami Cold Gel

Hand and Foot Care

o Tsunami Foot and Nail Cream

Lavendina:

Body Care

o Lavendina Body Cream

o Lavendina Lotion

o Lavendina Shower Gel with Scrub

Hand and Foot Care

o Lavendina Hand Cream

o Lavendina Foot and Nail Cream

Fabulous Vegas Baby:

Body Careo Vegas Baby Body Cream

o Vegas Baby Lotion

V B b Sh G l ith S b


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improving the appearance of unsightly dimpled skin.Lavendina:

For many centuries, lavender has been used to soothe and calmthe mind and promote restful sleep. The Lavendina product linewill feature the essence of lavender to help women experienceserenity and tranquility. By combining natural ingredients andessential oils, skin will be left clean, soft, and well-hydrated afterusing Lavendina products.

Fabulous Vegas Baby:

The Fabulous Vegas Baby line is designed to quench and hydrateparched, damaged skin. Products will be made from finestemollient ingredients such as avocado oil, Shea butter, andgrapeseed oil. Avocado oil is rich in vitamins A, C, and E, aswell as protein and amino acids, and softens and conditions dry,flaky skin, while Shea Butter is known to reduce wrinkles andprotect skin against environmental aging. Additionally, grapeseed oil, rich in essential fatty acids, helps protect and soothedry, overworked skin.


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Market AnalysisSummaryTsunami Body Works location in Las Vegas, Nevada (Clark County) places it in one of the worlds

most popular tourist destinations. The Companys chosen location will maximize the businesss abilityto tap into a steady stream of consumer traffic. The following table provides the most current U.S.Census data with regard to the population growth of Clark County.

Clark County, Nevada Population & Growth1

Population, 2009 estimate 1,902,834Population, percent change, April 1, 2000 to July 1, 2009 38.3%Population, 2000 1,375,738

Tsunami Body Works will primarily provide its products through Internet based sales. The Companywill also target high-end beauty salons in the city of Las Vegas as a way to build a brand image andgrow its market share. The following table provides pertinent figures for the populations of Las Vegas,the state of Nevada, and the United States as a whole. This data is provided by ESRI, a market researchfirm.2

Full Demographic Report Las Vegas Nevada United States Side-by-side analysis

Las Vegas NevadaUnitedStates

2010 Total Population 580,369 2,748,294 311,212,8632015 Total Population 613,886 2,999,160 323,209,391

2010 - 2015 Annual Rate 1.13% 1.76% 0.76%

2010 Households 210,301 1,025,511 116,761,1402010 Average Household Size 2.72 2.65 2.59

2010 Families 136,623 672,641 78,333,3592010 Average Family Size 3.27 3.17 3.16

Median Household Income


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$25,000 - $34,999 10.6% 9.7% 9.7%$35,000 - $49,999 15.8% 15.9% 15.0%

$50,000 - $74,999 21.9% 23.3% 21.6%$75,000 - $99,999 14.4% 15.3% 14.1%

$100,000 - $149,999 12.2% 12.8% 11.9%$150,000 - $199,999 2.5% 2.8% 3.4%$200,000 + 3.4% 3.2% 3.5%

Average Household Income $69,210 $71,330 $70,173

2010 Population by Age

Total 580,372 2,748,294 311,212,863

0 - 4 7.9% 7.3% 6.8%5 - 9 7.2% 6.8% 6.7%10 - 14 6.6% 6.4% 6.5%15 - 19 6.6% 6.5% 7.0%20 - 24 6.4% 6.4% 6.9%25 - 34 14.1% 13.9% 13.3%35 - 44 14.5% 13.9% 13.4%45 - 54 13.7% 14.4% 14.6%55 - 64 10.4% 11.8% 11.7%65 - 74 7.0% 7.3% 6.8%

75 - 84 4.2% 4.0% 4.3%85+ 1.3% 1.4% 2.0%18+ 74.3% 75.6% 75.8%

2010 Population by Sex

Males 50.4% 50.3% 49.2%Females 49.6% 49.7% 50.8%

2010 Population 25+ by Educational Attainment

Total 378,856 1,831,539 205,370,648Less than 9th Grade 8.9% 7.1% 6.3%


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derived from natural ingredients from the highest quality sources. The Company will place strongemphasis on this aspect of its product line. A large number of consumers are becoming aware of the

need to purchase products that are created with the overall health of the planet in mind. The benefits ofnatural and earth-healthy products are two-fold. Natural products are better for the welfare of the planet,and are of higher-quality than their synthetic relatives.

Tsunami Body Works line of beauty products and cosmetics will provide women with the freshest andbest natural beauty products, allowing the Companys target customers to enjoy healthy skin withoutdamaging their skin or the planet as a whole.

Tsunami Body Works will also target its line of products to spas and salons in the Las Vegas area. LasVegas, Nevada is home to some of the worlds most luxurious hotels and spas. By pursuing local spaswith its products, the Company will tap into one of the largest and most stable consumer spendingstreams in the world. Having products available in Las Vegas spas will also help the Company buildand sustain its brand image.

Market Needs

According to an article provided by the online service Market Research World, demand for cosmeticshas been stagnating in developed markets such as the United States during the last five years. In aneffort to improve sales, manufacturers have capitalized on the growing consumer interest in health andwellness by investing in cosmetic products containing natural ingredients.3 By providing the finestquality of naturally-derived beauty products, Tsunami Body Works will help meet the growing need fornatural cosmetic products that is sweeping the cosmetic and beauty product industry.

The Company will meet and address consumer needs on a second level as well, beyond just satisfying

the needs of customers for natural based beauty products. Women of all kinds have a need for salon andspa quality beauty products outside of the salon and spa. Tsunami Body Works will provide the types ofproducts usually found only in high-end salons and spas for women around the country to take home anduse in their own bathrooms and houses. By catering its product line to both women and salons, Tsunami


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Tsunami Body Works will sell its product line via the Internet, allowing the Company to have unlimited

access to the entire population of the United States. The Company will primarily target women, and, asthe above chart shows women are a large percentage of the population.

Industry AnalysisTsunami Body Works will operate within theDrugs, Proprietaries, and Sundries industry (StandardIndustrial Classification 5122). The table below shows Dun & Bradstreet data regarding theperformance of the businesses in this industry on a national, state, and local level. The Company will

also operate in the industry subsets ofCosmetics, Perfumes, and Hair Products and Cosmetics. Industrysubset data is measured on a national scale only.4

Industry: Drugs, Proprietaries, and Sundries (5122)

Establishments primarily engaged in the wholesale distribution of prescription drugs, proprietary drugs, druggists'sundries, and toiletries.Market Size StatisticsEstimated number of U.S. establishments: 11,338Number of people employed in this industry: 141,603

Total annual sales in this industry: $317.3 billionAverage number of employees per establishment: 13Average sales per establishment (unknown values are excluded from the average): $34.1 millionMarket Analysis by State and Metropolitan Area

State/Metro No Bus. % TotalTotal

EmployeesTotalSales

AverageEmployees

AverageSales

Nevada 119 1 1,003 $122.8 million 9 $1.3 millionLas Vegas, NV 82 0.7 680 $79.6 million 9 $1.2 million

Market Analysis by Specialty (8-digit SIC Code)

SIC Code SIC Description No Bus. % TotalTotal

EmployeesTotalSales

AverageEmployees

AverageSales

5122-0100 Cosmetics, perfumes, and hair products 1,346 11.9 7,805 $1.6 billion 6 $1.3 M5122 0101 C ti 1 923 17 15 355 $1 8 billi 8 $1 M


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Advantages: Sephora offers a wide range of cosmetic products in a selection of

categories, including makeup, skincare, fragrance, bath and body, hair, tools, men, and

natural and organic. Sephora also sells all of its products online.

Disadvantages: Sephora offers a selection of natural and organic products, but does not

specialize in that type of product.

The Body Shop

www.thebodyshop-usa.com

Overview: The Body Shop is a cosmetics company founded in 1976 in England. There

are currently 2,400 in 61 countries, making The Body Shop the second largest cosmeticfranchise in the world.

Advantages: The Body Shop specializes in natural cosmetics products and is active in

many social services and charity programs around the world.

Disadvantages: The Body Shop sells products only in its own retail stores, and does not

sell products to salons and spas.

Saffron Rouge

www.saffronrouge.com

Overview: Saffron Rouge is the first beauty retailer in the world to focus exclusively on

organics. Offering over 1,000 of the worlds finest organic beauty and aromatherapyproducts, Saffron Rouge is North Americas number-one online retailer of organic skincare and cosmetic products.

Advantages: Saffron Rouge offers only products that have at least one of the organic

body care certifications, or provide evidence that certified organic content is being used


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Strategyand ImplementationSummaryThe European Secret to Beauty and Wellness

Tsunami Body Works will develop a brand that encompasses quality and availability in its provision ofbody care products to the Las Vegas marketplace. To increase brand awareness, the Company hasdeveloped a memorable brand logo, as well as multiple product logos, that it will use throughout itspromotional strategy and within its various marketing materials.

With its guiding principles established, Tsunami Body Works will send a clear message about the keybenefits of its solutions-based products, indicating its functionality beyond skin care and more towardsoverall health and vitality of the body. The Company will illustrate this message with a diversemarketing campaign involving a number of modern and conventional techniques to bolster awareness atthe street level as well as online. This approach intends to help Tsunami Body Works achieve thefollowing objectives:

Establish a strong brand name and reputation

Fuel growth through positive word of mouth referrals

Earn enough revenue to expand operations

To reach these operational benchmarks, the Company will build on its strengths and advantages asoutlined in the following section.

Competitive EdgeTsunami Body Works intends to capitalize on its core strengths in order to establish itself as a leadingsupplier of spa and beauty products to the Las Vegas marketplace. These competitive advantages areoutlined in greater detail below.

Unmatched customer service

All-natural European products


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Website: The Company will capitalize on its existing website (www.tsunamibodyworks.com) to

generate interest in its beauty products. This website will be search engine optimized andcontain a number of features including: product information, testimonials, photo gallery,company profile, location, and list of services.

**suggestion** Internet advertising: Tsunami Body Works will benefit from using a

combination of Internet advertising including Cost-per-Click, Google AdWords, Tags, andbanner ads. This effort will help generate interest in the Company from the online communityand general public.

**suggestion** Networking: As with any relationship-based business, the Company will

benefit from participating in a number of networking opportunities that have the potential toyield new business contacts as well as nourish existing ones. Tsunami Body Works will attend avariety of events that draw substantial numbers of prospective customers. Events may includeseminars, mixers, and luncheons which provide opportunities to speak to and associate withlarger audiences. This will create a positive business environment that encourages discourse

among the Company and its target market.

**suggestion** Print media: Tsunami Body Works willplace ads in national print

publications. These advertisements will include the Companys location and will also offerlimited time discounts or other promotions.

**suggestion** Word of mouth: Word travels quickly between family members, peers, and

colleagues who are pleased with their experiences with a particular business. The Company will

rely on this effective and inexpensive resource to generate interest in its beauty products.According to research conducted by Forrester, there were 256 billion influence impressionsoccurring per year [in 2009]. Influence posts were numbered at 1.64 billion per year, whichaccounted for generating another 250 billion impressions In other words people are making


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ManagementSummaryShannon Cobb, Owner

Ms. Cobb is an entrepreneur at heart, and has devoted her entire professional career as a stylist. For thelast 25 years, she has owned and operated her salon Hair at the Lakes, performing hairdressing for adevoted, long-term clientele.

Aleksandar Maric, Owner

Mr. Maric is a Serbian immigrant who has spent only the last five years in the United States. Hisprofessional expertise includes providing concierge-level service among cruise lines, serving as amassage therapist for domestic and international clients.


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Financial IndicatorsThe following table and graph illustrate the financial goals of the Company during the next three years:

Year 1 Year 2 Year 3

Revenue $437,427 $656,141 $885,790

Gross Margin $368,279 $552,418 $745,764

Operating Expenses $429,293 $498,010 $542,549

EBITDA* ($60,614) $54,808 $203,615

Net Prof it ($70,969) $45,698 $195,838

Prof itability Ratios

Gross Margin/Revenue 84% 84% 84%

EBITDA/Revenue -14% 8% 23%

Net Profit/Revenue -16% 7% 22%

Debt Ratios

Debt Ratio (Total Debt/Total Assets) 352.11% 188.71% 48.73%

Interest Coverage Ratio -6.09 6.29 27.60Debt Service Coverage Ratio -2.23 2.02 7.49

Net Cash Flow ($65,619) $29,941 $181,565

Cash Balance - Ending $18,406 $48,346 $229,911

*Earnings before interest, taxes,

depreciation & amortization

FINANCIALHIGHLIGHTS

Financial Highlights

$800,000

$1,000,000


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The following is a three-year revenue forecast. Direct costs include all costs which can be directly tiedto revenue and include cost of goods.


Revenue

Tsunami Hot 4 oz. $51,300 $76,950 $103,883

Tsunami Hot 6 oz. $52,920 $79,380 $107,163

Tsunami Cool 4 oz. $32,250 $48,375 $65,306

Tsunami Cool 6 oz. $29,925 $44,888 $60,598

Vegas Baby Body Cream 4 oz. $15,540 $23,310 $31,469

Vegas Baby Body Cream 6 oz. $14,153 $21,229 $28,659

Vegas Baby Body Lotion 4 oz. $10,194 $15,291 $20,643

Vegas Baby Body Lotion 6 oz. $9,900 $14,850 $20,048

Vegas Baby Show er Gel & Scrub 4 oz. $11,394 $17,091 $23,073

Vegas Baby Show er Gel & Scrub 6 oz. $10,575 $15,863 $21,414

Vegas Baby Hand Cream 2 oz. $35,970 $53,955 $72,839

Vegas Baby Balm 4 oz. $14,394 $21,591 $29,148

Lavendina Body Cream 4 oz. $18,720 $28,080 $37,908

Lavendina Body Cream 6 oz. $16,349 $24,523 $33,106

Lavendina Body Lotion 4 oz. $13,194 $19,791 $26,718

Lavendina Body Lotion 6 oz. $12,375 $18,563 $25,059

Lavendina Show er Gel & Scrub 4 oz. $13,380 $20,070 $27,095

Lavendina Show er Gel & Scrub 6 oz. $12,825 $19,238 $25,971

Lavendina Hand Cream 2 oz. $44,970 $67,455 $91,064

Lavendina Balm 4 oz. $17,100 $25,650 $34,628

Total Revenue $437,427 $656,141 $885,790

Direct Cost of Revenue

Tsunami Hot 4 oz. $7,776 $11,664 $15,746Tsunami Hot 6 oz. $8,019 $12,029 $16,238

Tsunami Cool 4 oz. $4,830 $7,245 $9,781

Tsunami Cool 6 oz. $4,484 $6,725 $9,079

EVENUE

FORECAST


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The table below shows the units and pricing assumptions underlying the revenue forecast:


Units

Tsunami Hot 4 oz. 1,800 2,700 3,645

Tsunami Hot 6 oz. 1,350 2,025 2,734

Tsunami Cool 4 oz. 1,500 2,250 3,038

Tsunami Cool 6 oz. 1,050 1,575 2,126

Vegas Baby Body Cream 4 oz. 600 900 1,215

Vegas Baby Body Cream 6 oz. 450 675 911

Vegas Baby Body Lotion 4 oz. 600 900 1,215

Vegas Baby Body Lotion 6 oz. 450 675 911

Vegas Baby Show er Gel & Scrub 4 oz. 600 900 1,215

Vegas Baby Show er Gel & Scrub 6 oz. 450 675 911

Vegas Baby Hand Cream 2 oz. 3,000 4,500 6,075

Vegas Baby Balm 4 oz. 600 900 1,215

Lavendina Body Cream 4 oz. 600 900 1,215

Lavendina Body Cream 6 oz. 450 675 911

Lavendina Body Lotion 4 oz. 600 900 1,215

Lavendina Body Lotion 6 oz. 450 675 911

Lavendina Show er Gel & Scrub 4 oz. 600 900 1,215

Lavendina Show er Gel & Scrub 6 oz. 450 675 911

Lavendina Hand Cream 2 oz. 3,000 4,500 6,075

Lavendina Balm 4 oz. 600 900 1,215

Total Units 19,200 28,800 38,880

Unit Price

Tsunami Hot 4 oz. $28.50 $28.50 $28.50

Tsunami Hot 6 oz. $39.20 $39.20 $39.20

Tsunami Cool 4 oz. $21.50 $21.50 $21.50

Tsunami Cool 6 oz. $28.50 $28.50 $28.50

Vegas Baby Body Cream 4 oz. $25.90 $25.90 $25.90

Vegas Baby Body Cream 6 oz. $31.45 $31.45 $31.45

Vegas Baby Body Lotion 4 oz. $16.99 $16.99 $16.99

Vegas Baby Body Lotion 6 oz. $22.00 $22.00 $22.00

Vegas Baby Show er Gel & Scrub 4 oz. $18.99 $18.99 $18.99

Vegas Baby Show er Gel & Scrub 6 oz. $23.50 $23.50 $23.50

Vegas Baby Hand Cream 2 oz. $11.99 $11.99 $11.99

Vegas Baby Balm 4 oz. $23.99 $23.99 $23.99

Lavendina Body Cream 4 oz. $31.20 $31.20 $31.20

Lavendina Body Cream 6 oz. $36.33 $36.33 $36.33UNITA

SSUMPTIONS


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Year 1 Revenue Monthly

$0

$5,000$10,000$15,000

$20,000$25,000

$30,000

$35,000

$40,000$45,000

$50,000

Month1

Month2

Month3

Month4

Month5

Month6

Month7

Month8

Month9

Month10

Month11

Month12

Lavendina

Vegas Baby

Tsunami

Revenue By Year

$400,000

$500,000$600,000

$700,000

$800,000

$900,000

$1,000,000

Lavendina

Vegas Baby


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The Companys personnel forecast is outlined below. Personnel wages indicate the average wage perposition and personnel costs are total wages for each position.


Personnel Count

Manager/Partner 2 2 2

Director pf Operations 1 1 1

Marketing Manager/Executive Assistant 1 1 1

Sales 1 2 3

Ass istant/Receptionist 0 1 1

Total Personnel 5 7 8

Personnel Wage

Manager/Partner $70,000 $73,500 $77,175

Director pf Operations $65,000 $68,250 $71,663

Marketing Manager/Executive Assis tant $60,000 $63,000 $66,150

Sales $0 $0 $0

Ass istant/Receptionist $0 $23,920 $25,116

Personnel Costs

Manager/Partner $140,000 $147,000 $154,350

Director pf Operations $65,000 $68,250 $71,663

Marketing Manager/Executive Assis tant $60,000 $63,000 $66,150

Sales $0 $0 $0

Ass istant/Receptionist $0 $23,920 $25,116

Total Payroll $265,000 $302,170 $317,279

P

ERSONNELFORECAST


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The Company intends to deploy its funding to maximize growth and profitability. In the Profit and Losstable below, gross margin equals revenue minus direct costs. The bottom line or profit (as measured

before and after interest, taxes, depreciation, and amortization) equals gross margin minus operatingexpenses.


Revenue $437,427 $656,141 $885,790

Total Cost of Revenue $69,149 $103,723 $140,026

Gross Margin $368,279 $552,418 $745,764


Expenses

Rent $11,700 $12,300 $12,900

Insurance $12,000 $12,600 $13,200

Marketing $21,900 $23,000 $24,200

Commission $43,743 $65,614 $88,579

Utilities $15,000 $15,800 $16,600

Phone/Internet $6,000 $6,300 $6,600

Office Supplies $1,800 $1,900 $2,000

Other/Misc. $12,000 $12,600 $13,200Depreciation $400 $400 $400

Payroll Taxes & Benefits $39,750 $45,326 $47,592

Total Personnel $265,000 $302,170 $317,279

Total Op. Expenses $429,293 $498,010 $542,549

Profit Before Interest and Taxes ($61,014) $54,408 $203,215

EBITDA ($60,614) $54,808 $203,615

Interest Expense $9,955 $8,710 $7,376

Taxes Incurred $0 $0 $0

Net Profit ($70,969) $45,698 $195,838

Net Profit/Revenue -16.2% 7.0% 22.1%

PROFORMAPROFIT&LOSS


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The charts below demonstrate when the Company is expected to become profitable. Break-even occurs

when revenue exceeds expenses.

Revenue & Expenses

Year 1 Monthly

$0$5,000

$10,000

$15,000$20,000$25,000$30,000$35,000

$40,000$45,000$50,000

Month

1

Month

2

Month

3

Month

4

Month

5

Month

6

Month

7

Month

8

Month

9

Month1

0

Month1

1

Month1

2

Revenue

Expenses

Revenue & Expenses

Years 1 to 3

$800,000

$900,000$1,000,000

Revenue


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The following depictions of the Companys projected cash flow show that the Company expects tomaintain sufficient cash balances over the three years of this plan. The pro forma cash flow table

differs from the pro forma profit and loss (P&L) table. Pro forma cash flow is intended to representthe actual flow of cash in and out of the Company. In comparison, the revenue and expense projectionson the P&L table include non-cash items and exclude funding and investment illustrations.

Cash Flow

-$100,000

-$50,000

$0

$50,000

$100,000

$150,000

$200,000

$250,000


Net Cash Flow

Cash Balance


Cash Received

Revenue $437,427 $656,141 $885,790

New Current Borrow ing $0 $0 $0New Long-term Liabilities $0 $0 $0

Sale of Other Current Assets $0 $0 $0

Sale of Long-term Assets $0 $0 $0


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The balance sheet below highlights the Companys projected assets, liabilities, and capital:

Year 1 Year 2 Year 3Assets

Current Assets

Cash $18,406 $48,346 $229,911

Other Current Assets $20,000 $20,000 $20,000

Total Current Assets $38,406 $68,346 $249,911

Long-term Assets

Long-term Assets $6,000 $6,000 $6,000

Accumulated Depreciation $400 $800 $1,200Total Long-term Assets $5,600 $5,200 $4,800

Total Assets $44,006 $73,546 $254,711

Liabilities and Capital

Current Liabilities

Accounts Payable $22,162 $24,461 $29,578

Current Borrow ing $0 $0 $0

Other Current Liabilities $0 $0 $0

Subtotal Current Liabilities $22,162 $24,461 $29,578

Long-term Liabilities $132,788 $114,332 $94,541

Total Liabilities $154,950 $138,793 $124,119

Paid-in Capital $0 $0 $0

Retained Earnings ($39,975) ($110,944) ($65,246)

Earnings ($70,969) $45,698 $195,838

Total Capital ($110,944) ($65,246) $130,592

Total Liabilities and Capital $44,006 $73,546 $254,711

BALANCESHEET


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The sensitivity analysis below assumes that revenues are 15% higher or lower than figures projectedearlier in this business plan:


Revenue $503,041 $754,562 $1,018,658

Cost of Goods $79,521 $119,281 $161,030

Gross Margin $423,520 $635,280 $857,629



Net Prof it ($15,727) $128,560 $307,703Net Profit/Revenue -3% 17% 30%

Cash Flow ($10,017) $112,841 $293,512

Cash Balance $74,008 $186,848 $480,361

BESTCA

SESCENARIO

REVENUE IS 15% GREATER THAN PROJECTED


Revenue $371,813 $557,719 $752,921

Cost of Goods $58,776 $88,164 $119,022

Gross Margin $313,037 $469,555 $633,899



Net Prof it ($126,211) ($37,165) $83,974

Net Prof it/Revenue -34% -7% 11%

Cash Flow ($121,221) ($52,960) $69,617

Cash Balance ($37,196) ($90,155) ($20,539)WO

RSTCASESCENARIO REVENUE IS 15% LESS THAN PROJECTED


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

Personnel Count

Manager/P artner 2 2 2 2 2 2 2 2 2 2 2 2

Director pf Operations 1 1 1 1 1 1 1 1 1 1 1 1

Marketing Manager/Executive Assistant 1 1 1 1 1 1 1 1 1 1 1 1

Sales 1 1 1 1 1 1 1 1 1 1 1 1

Assistant/Receptionist 0 0 0 0 0 0 0 0 0 0 0 0

Total Personnel 5 5 5 5 5 5 5 5 5 5 5 5

Personnel Wage

Manager/P artner $5,833 $5,833 $5,833 $5,833 $5,833 $5,833 $5,833 $5,833 $5,833 $5,833 $5,833 $5,833

Director pf Operations $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417

M arketing M anager/Executive Assistant $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000

Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Assistant/Receptionist $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Personnel Costs

Manager/P artner $11,667 $11,667 $11,667 $11,667 $11,667 $11,667 $11,667 $11,667 $11,667 $11,667 $11,667 $11,667

Director pf Operations $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417

M arketing M anager/Executive Assistant $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000

Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Assistant/Receptionist $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Payroll $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083

PER

SONNELFORECAST

_______________________________________________________________________________CONFIDENTIAL Do Not Distribute Without Permission

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

Revenue

Tsunami Hot 4 oz. $3,223 $3,384 $3,553 $3,731 $3,918 $4,113 $4,319 $4,535 $4,762 $5,000 $5,250 $5,512

Tsunami Hot 6 oz. $3,325 $3,491 $3,666 $3,849 $4,041 $4,243 $4,455 $4,678 $4,912 $5,158 $5,416 $5,686

Tsunami Cool 4 oz. $2,026 $2,127 $2,234 $2,345 $2,463 $2,586 $2,715 $2,851 $2,994 $3,143 $3,300 $3,465

Tsunami Cool 6 oz. $1,880 $1,974 $2,073 $2,176 $2,285 $2,399 $2,519 $2,645 $2,778 $2,917 $3,062 $3,216Vegas Baby Body C ream 4 oz. $976 $1,025 $1,076 $1,130 $1,187 $1,246 $1,308 $1,374 $1,442 $1,515 $1,590 $1,670

Vegas B aby B ody C ream 6 oz. $889 $934 $980 $1,029 $1,081 $1,135 $1,192 $1,251 $1,314 $1,379 $1,448 $1,521

Vegas Baby Body Lotion 4 oz. $640 $672 $706 $741 $778 $817 $858 $901 $946 $994 $1,043 $1,095

Vegas Baby Body Lotion 6 oz. $622 $653 $686 $720 $756 $794 $834 $875 $919 $965 $1,013 $1,064

Vegas B aby Shower Gel & Scrub 4 oz. $716 $752 $789 $829 $870 $914 $959 $1,007 $1,058 $1,110 $1,166 $1,224

Vegas B aby Shower Gel & Scrub 6 oz. $664 $698 $732 $769 $808 $848 $890 $935 $982 $1,031 $1,082 $1,136

Vegas Baby Hand C ream 2 oz. $2,260 $2,373 $2,491 $2,616 $2,747 $2,884 $3,028 $3,180 $3,339 $3,506 $3,681 $3,865

Vegas B aby B alm 4 oz. $904 $950 $997 $1,047 $1,099 $1,154 $1,212 $1,272 $1,336 $1,403 $1,473 $1,547

Lavendina Body Cream 4 oz. $1,176 $1,235 $1,297 $1,361 $1,430 $1,501 $1,576 $1,655 $1,738 $1,825 $1,916 $2,012

Lavendina Body Cream 6 oz. $1,027 $1,078 $1,132 $1,189 $1,248 $1,311 $1,376 $1,445 $1,517 $1,593 $1,673 $1,757

Lavendina B ody Lotion 4 oz. $829 $870 $914 $960 $1,008 $1,058 $1,111 $1,166 $1,225 $1,286 $1,350 $1,418

Lavendina B ody Lotion 6 oz. $777 $816 $857 $900 $945 $992 $1,042 $1,094 $1,149 $1,206 $1,266 $1,330

Lavendina Sho wer Gel & Scrub 4 o z. $841 $883 $927 $973 $1,022 $1,073 $1,126 $1,183 $1,242 $1,304 $1,369 $1,438

Lavendina Sho wer Gel & Scrub 6 o z. $806 $846 $888 $933 $979 $1,028 $1,080 $1,134 $1,190 $1,250 $1,312 $1,378

Lavendina Hand C ream 2 o z. $2,825 $2,967 $3,115 $3,271 $3,434 $3,606 $3,786 $3,975 $4,174 $4,383 $4,602 $4,832

Lavendina B alm 4 oz. $1,074 $1,128 $1,184 $1,244 $1,306 $1,371 $1,440 $1,512 $1,587 $1,667 $1,750 $1,837

Total Revenue $27,482 $28,856 $30,298 $31,813 $33,404 $35,074 $36,828 $38,669 $40,603 $42,633 $44,765 $47,003

R

EVENUEFORECAST


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M onth 1 M onth 2 M onth 3 M onth 4 M onth 5 M o nth 6 M onth 7 M onth 8 M onth 9 M onth 10 M onth 11 M onth 12

Direct Cost o f Revenue

Tsunami Hot 4 oz. $489 $513 $539 $566 $594 $624 $655 $687 $722 $758 $796 $836

Tsunami Hot 6 oz. $504 $529 $555 $583 $612 $643 $675 $709 $744 $782 $821 $862

Tsunami Cool 4 oz. $303 $319 $335 $351 $369 $387 $407 $427 $448 $471 $494 $519

Tsunami Cool 6 oz. $282 $296 $311 $326 $342 $360 $377 $396 $416 $437 $459 $482Vegas Baby Body Cream 4 oz. $160 $168 $176 $185 $194 $204 $214 $225 $236 $248 $260 $273

Vegas Baby Body Cream 6 oz. $164 $172 $181 $190 $199 $209 $220 $231 $242 $254 $267 $280

Vegas Baby Body Lotion 4 oz. $108 $114 $119 $125 $131 $138 $145 $152 $160 $168 $176 $185

Vegas Baby Body Lotion 6 oz. $106 $112 $117 $123 $129 $136 $142 $150 $157 $165 $173 $182

Vegas Baby Shower Gel & Scrub 4 oz. $127 $134 $140 $147 $155 $163 $171 $179 $188 $198 $208 $218

Vegas Baby Shower Gel & Scrub 6 oz. $128 $135 $142 $149 $156 $164 $172 $181 $190 $199 $209 $220

Vegas Baby Hand Cream 2 oz. $428 $449 $472 $495 $520 $546 $573 $602 $632 $664 $697 $732

Vegas Baby Balm 4 oz. $162 $170 $179 $188 $197 $207 $217 $228 $239 $251 $264 $277

Lavendina Body Cream 4 oz. $160 $168 $176 $185 $194 $204 $214 $225 $236 $248 $260 $273

Lavendina Body Cream 6 oz. $164 $172 $181 $190 $199 $209 $220 $231 $242 $254 $267 $280

Lavendina Body Lotion 4 oz. $108 $114 $119 $125 $131 $138 $145 $152 $160 $168 $176 $185

Lavendina Body Lotion 6 oz. $106 $112 $117 $123 $129 $136 $142 $150 $157 $165 $173 $182

Lavendina Shower Gel & Scrub 4 oz. $127 $134 $140 $147 $155 $163 $171 $179 $188 $198 $208 $218

Lavendina Shower Gel & Scrub 6 oz. $127 $134 $140 $147 $155 $162 $170 $179 $188 $197 $207 $218

Lavendina Hand Cream 2 oz. $428 $449 $472 $495 $520 $546 $573 $602 $632 $664 $697 $732

Lavendina Balm 4 oz. $162 $170 $179 $188 $197 $207 $217 $228 $239 $251 $264 $277

S ubto tal C os t o f R evenue $4,344 $ 4,561 $4,790 $5,029 $ 5,281 $ 5,545 $5,822 $6,113 $6,418 $6,739 $7,076 $7,430

Other Direct Costs $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Direct Costs $4,344 $4,561 $4,790 $5,029 $5,281 $5,545 $5,822 $6,113 $6,418 $6,739 $7,076 $7,430

Gro ss M argin $ 23,137 $24,294 $ 25,509 $ 26,784 $28,123 $ 29,530 $31,006 $32,556 $ 34,184 $35,893 $37,688 $ 39,573

Gross Margin % 84% 84% 84% 84% 84% 84% 84% 84% 84% 84% 84% 84%

REVE

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

Units

Tsunami Hot 4 oz. 113 119 125 131 137 144 152 159 167 175 184 193

Tsunami Hot 6 oz. 85 89 94 98 103 108 114 119 125 132 138 145

Tsunami Coo l 4 oz. 94 99 104 109 115 120 126 133 139 146 154 161

Tsunami Coo l 6 oz. 66 69 73 76 80 84 88 93 97 102 107 113Vegas Baby Body Cream 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Vegas Baby Body Cream 6 oz. 28 30 31 33 34 36 38 40 42 44 46 48

Vegas Baby Body Lotion 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Vegas Baby Body Lotion 6 oz. 28 30 31 33 34 36 38 40 42 44 46 48

Vegas Baby Shower Gel & Scrub 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Vegas Baby Shower Gel & Scrub 6 oz. 28 30 31 33 34 36 38 40 42 44 46 48

Vegas Baby Hand Cream 2 oz. 188 198 208 218 229 241 253 265 278 292 307 322

Vegas Baby Balm 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Lavendina Body Cream 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Lavendina Body Cream 6 oz. 28 30 31 33 34 36 38 40 42 44 46 48

Lavendina Body Lotion 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Lavendina Body Lotion 6 oz. 28 30 31 33 34 36 38 40 42 44 46 48

Lavendina Shower Gel & Scrub 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Lavendina Shower Gel & Scrub 6 oz. 28 30 31 33 34 36 38 40 42 44 46 48

Lavendina Hand Cream 2 oz. 188 198 208 218 229 241 253 265 278 292 307 322

Lavendina Balm 4 oz. 38 40 42 44 46 48 51 53 56 58 61 64

Total Units 1,206 1,267 1,330 1,396 1,466 1,540 1,616 1,697 1,782 1,871 1,965 2,063

UNITASSUMPTIONS


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

Unit Price

Tsunami Hot 4 oz. $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50

Tsunami Hot 6 oz. $39.20 $39.20 $39.20 $39.20 $39.20 $39.20 $39.20 $39.20 $39.20 $39.20 $39.20 $39.20

Tsunami Coo l 4 oz. $21.50 $21.50 $21.50 $21.50 $21.50 $21.50 $21.50 $21.50 $21.50 $21.50 $21.50 $21.50

Tsunami Coo l 6 oz. $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50Vegas Baby Body Cream 4 oz. $25.90 $25.90 $25.90 $25.90 $25.90 $25.90 $25.90 $25.90 $25.90 $25.90 $25.90 $25.90

Vegas Baby Body Cream 6 oz. $31.45 $31.45 $31.45 $31.45 $31.45 $31.45 $31.45 $31.45 $31.45 $31.45 $31.45 $31.45

Vegas Baby Body Lotion 4 oz. $16.99 $16.99 $16.99 $16.99 $16.99 $16.99 $16.99 $16.99 $16.99 $16.99 $16.99 $16.99


Vegas Baby Shower Gel & Scrub 4 oz. $18.99 $18.99 $18.99 $18.99 $18.99 $18.99 $18.99 $18.99 $18.99 $18.99 $18.99 $18.99


Vegas Baby Hand Cream 2 oz. $11.99 $11.99 $11.99 $11.99 $11.99 $11.99 $11.99 $11.99 $11.99 $11.99 $11.99 $11.99

Vegas Baby Balm 4 oz. $23.99 $23.99 $23.99 $23.99 $23.99 $23.99 $23.99 $23.99 $23.99 $23.99 $23.99 $23.99

Lavendina Body Cream 4 oz. $31.20 $31.20 $31.20 $31.20 $31.20 $31.20 $31.20 $31.20 $31.20 $31.20 $31.20 $31.20


Lavendina Body Lotion 4 oz. $21.99 $21.99 $21.99 $21.99 $21.99 $21.99 $21.99 $21.99 $21.99 $21.99 $21.99 $21.99


Lavendina Shower Gel & Scrub 4 oz. $22.30 $22.30 $22.30 $22.30 $22.30 $22.30 $22.30 $22.30 $22.30 $22.30 $22.30 $22.30


Lavendina Hand Cream 2 oz. $14.99 $14.99 $14.99 $14.99 $14.99 $14.99 $14.99 $14.99 $14.99 $14.99 $14.99 $14.99

Lavendina Balm 4 oz. $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50 $28.50

UNITASSUMPTIONS


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

Direct Unit Cost

Tsunami Hot 4 oz. $4.32 $4.32 $4.32 $4.32 $4.32 $4.32 $4.32 $4.32 $4.32 $4.32 $4.32 $4.32

Tsunami Hot 6 oz. $5.94 $5.94 $5.94 $5.94 $5.94 $5.94 $5.94 $5.94 $5.94 $5.94 $5.94 $5.94

Tsunami Coo l 4 oz. $3.22 $3.22 $3.22 $3.22 $3.22 $3.22 $3.22 $3.22 $3.22 $3.22 $3.22 $3.22

Tsunami Coo l 6 oz. $4.27 $4.27 $4.27 $4.27 $4.27 $4.27 $4.27 $4.27 $4.27 $4.27 $4.27 $4.27







Vegas Baby Hand Cream 2 oz. $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27

Vegas Baby Balm 4 oz. $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30







Lavendina Hand Cream 2 oz. $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27 $2.27

Lavendina Balm 4 oz. $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30

UNITASSUMPTIONS


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

R evenue $27,482 $ 28,856 $30,298 $31,813 $33,404 $35,074 $ 36,828 $38,669 $40,603 $ 42,633 $ 44,765 $47,003

Total Cost of Revenue $4,344 $4,561 $4,790 $5,029 $5,281 $5,545 $5,822 $6,113 $6,418 $6,739 $7,076 $7,430

Gro ss M argin $23,137 $24,294 $25,509 $26,784 $28,123 $29,530 $31,006 $32,556 $34,184 $35,893 $37,688 $39,573

Gross Margin/Revenue 84% 84% 84% 84% 84% 84% 84% 84% 84% 84% 84% 84%

Expenses

Rent $975 $975 $975 $975 $975 $975 $975 $975 $975 $975 $975 $975

Insurance $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000

M arketing $1,825 $1,825 $1,825 $1,825 $1,825 $1,825 $1,825 $1,825 $1,825 $1,825 $1,825 $1,825

Commission $2,748 $2,886 $3,030 $3,181 $3,340 $3,507 $3,683 $3,867 $4,060 $4,263 $4,476 $4,700

Utilities $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,250

Phone/Internet $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500

Office Supplies $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150

Other/M isc. $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000

Depreciation $33 $33 $33 $33 $33 $33 $33 $33 $33 $33 $33 $33

Payro ll Taxes & Benefits $3,313 $3,313 $3,313 $3,313 $3,313 $3,313 $3,313 $3,313 $3,313 $3,313 $3,313 $3,313

Total P ersonnel $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083

Total Op. Expenses $34,877 $35,015 $35,159 $35,310 $35,470 $35,637 $35,812 $35,996 $36,189 $36,392 $36,606 $36,829

P rofit Before Int. and Tax ($11,740) ($10,721) ($9,650) ($8,526) ($7,346) ($6,107) ($4,806) ($3,440) ($2,005) ($499) $1,083 $2,743

EBITDA ($11,707) ($10,687) ($9,617) ($8,493) ($7,313) ($6,074) ($4,772) ($3,406) ($1,972) ($466) $1,116 $2,776

Interest Expense $875 $867 $859 $851 $842 $834 $826 $817 $809 $800 $792 $783

Taxes Incurred $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Net Profit ($12,615) ($11,588) ($10,509) ($9,377) ($8,188) ($6,941) ($5,632) ($4,257) ($2,814) ($1,299) $291 $1,960

Net P rofit/Revenue -45.9% -40.2% -34.7% -29.5% -24.5% -19.8% -15.3% -11.0% -6.9% -3.0% 0.6% 4.2%

PROFO

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

Cash R eceived

R evenue $27,482 $28,856 $30,298 $31,813 $33,404 $35,074 $36,828 $38,669 $40,603 $42,633 $44,765 $47,003

New Current Borrowing $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

Sale of Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0Sale 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 $27,482 $28,856 $30,298 $31,813 $33,404 $35,074 $36,828 $38,669 $40,603 $42,633 $44,765 $47,003

Expenditures

Expenditures from Operations

Personnel Expenses $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083 $22,083

B ill Payments $0 $18,591 $18,339 $18,703 $19,087 $19,490 $19,913 $20,358 $20,826 $21,317 $21,834 $22,376

Subtotal Spent on Operations $22,083 $40,674 $40,422 $40,787 $41,170 $41,573 $41,997 $42,442 $42,909 $43,401 $43,917 $44,459

Additional Cash Spent

Current Borrowing Repay. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

L-T Liabilities Princ ipal Repay. $1,389 $1,397 $1,405 $1,413 $1,422 $1,430 $1,438 $1,447 $1,455 $1,464 $1,472 $1,481

Purchase Inventory $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 $0

C ash Spent $23,472 $42,071 $41,827 $42,200 $42,592 $43,003 $43,435 $43,888 $44,364 $44,864 $45,389 $45,940

Net Cash Flow $4,009 ($13,216) ($11,529) ($10,387) ($9,188) ($7,929) ($6,607) ($5,219) ($3,762) ($2,231) ($625) $1,063

C ash Balance $88,034 $74,819 $63,290 $52,903 $43,715 $35,787 $29,180 $23,961 $20,199 $17,968 $17,343 $18,406

CASHFLOW


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

Current Assets

C ash $88,034 $74,819 $63,290 $52,903 $43,715 $35,787 $29,180 $23,961 $20,199 $17,968 $17,343 $18,406

Other Current Assets $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000

Total Current Assets $108,034 $94,819 $83,290 $72,903 $63,715 $55,787 $49,180 $43,961 $40,199 $37,968 $37,343 $38,406

Long-term A ssets $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000

Accum. Depreciation $33 $67 $100 $133 $167 $200 $233 $267 $300 $333 $367 $400

Total Long-term Assets $5,967 $5,933 $5,900 $5,867 $5,833 $5,800 $5,767 $5,733 $5,700 $5,667 $5,633 $5,600

Total Assets $114,001 $100,752 $89,190 $78,770 $69,549 $61,587 $54,946 $49,694 $45,899 $43,635 $42,977 $44,006

Current Liabilities

Accounts Payable $17,980 $17,716 $18,068 $18,438 $18,827 $19,235 $19,665 $20,116 $20,590 $21,088 $21,612 $22,162

Current Borrowing $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

Subtotal Current L iabilities $17,980 $17,716 $18,068 $18,438 $18,827 $19,235 $19,665 $20,116 $20,590 $21,088 $21,612 $22,162

Long-term Liabilities $148,611 $147,214 $145,809 $144,396 $142,974 $141,544 $140,106 $138,659 $137,204 $135,741 $134,269 $132,788

Total Liabilities $166,591 $164,930 $163,877 $162,833 $161,801 $160,779 $159,771 $158,775 $157,794 $156,829 $155,880 $154,950

Paid-in Capital $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Retained Earnings ($39,975) ($39,975) ($39,975) ($39,975) ($39,975) ($39,975) ($39,975) ($39,975) ($39,975) ($39,975) ($39,975) ($39,975)

Current Retained Earnings ($12,615) ($24,203) ($34,712) ($44,088) ($52,277) ($59,218) ($64,849) ($69,106) ($71,920) ($73,220) ($72,929) ($70,969)

Total Capital ($52,590) ($64,178) ($74,687) ($84,063) ($92,252) ($99,193) ($104,824) ($109,081) ($111,895) ($113,195) ($112,904) ($110,944)

Total Liabilities and Capital $114,001 $100,752 $89,190 $78,770 $69,549 $61,587 $54,946 $49,694 $45,899 $43,635 $42,977 $44,006

BALANCESHEET


34

tsunami bodywork

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