Question: Can you please prepare the following Proforma statement for a start- up business plan. I have attached an income statement which you may use or
- Cash
- Building
- Machinery
- Equipment
- Office supplies
- Accounts receivable
- short term investiments
- prepaid rent
6.1. Proforma Income Statements FY2023 FY2024 FY2025 FY2026 Year FY2022 Virtual classroom sales $60,000 In-person sales $10,000 Other Revenue (Ads) $0 Total Revenue $70,000 Cost of Goods Sold $38,500 Gross Profit $31,500 Salaries $7,200 Insurance $3,300 Office Rent $6,000 Legal Counsel $1,200 Marketing $10,000 Server fees $5.000 Total Overhead $32,700 Operating EBITDA -$1,200 Capital Expenditures -$50,000 Cash Needed** -$51.200 Table 10. Proforma Income Statements $90,000 $15,000 $0.0 $105,000 $57.750 $47,250 $10,800 $3,300 $6,000 $1,200 $15,000 $8,000 $44,300 $2,950 -$40,000 -$37.050 $180.000 $30,000 $5,000 $215,000 $118,250 $96,750 $27.000 $5.000 $6,000 $720 $10,000 $15,000 $63,720 $33,030 -$19.000 $18.030 $270,000 $45,000 $8,000 $323,000 $177,650 $145,350 $54.000 $5,000 $7,200 $720 $8,000 $15,000 $89,920 $55,430 -$10,000 $45,430 $540,000 $90,000 $10,000 $640,000 $352,000 $288,000 $75,000 $5,000 $7,200 $720 $8,000 $15,000 $110,920 $177,080 $5,000 $172,080 6.1. Proforma Income Statements FY2023 FY2024 FY2025 FY2026 Year FY2022 Virtual classroom sales $60,000 In-person sales $10,000 Other Revenue (Ads) $0 Total Revenue $70,000 Cost of Goods Sold $38,500 Gross Profit $31,500 Salaries $7,200 Insurance $3,300 Office Rent $6,000 Legal Counsel $1,200 Marketing $10,000 Server fees $5.000 Total Overhead $32,700 Operating EBITDA -$1,200 Capital Expenditures -$50,000 Cash Needed** -$51.200 Table 10. Proforma Income Statements $90,000 $15,000 $0.0 $105,000 $57.750 $47,250 $10,800 $3,300 $6,000 $1,200 $15,000 $8,000 $44,300 $2,950 -$40,000 -$37.050 $180.000 $30,000 $5,000 $215,000 $118,250 $96,750 $27.000 $5.000 $6,000 $720 $10,000 $15,000 $63,720 $33,030 -$19.000 $18.030 $270,000 $45,000 $8,000 $323,000 $177,650 $145,350 $54.000 $5,000 $7,200 $720 $8,000 $15,000 $89,920 $55,430 -$10,000 $45,430 $540,000 $90,000 $10,000 $640,000 $352,000 $288,000 $75,000 $5,000 $7,200 $720 $8,000 $15,000 $110,920 $177,080 $5,000 $172,080
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
