FINANCIAL PLAN EXCEL FORMAT Suggested - Minimum Should INCLUDE

Projected income statement by month first 12 months min 1 year

Sales: Number of units of product/service estimated to be sold each month X price

Example: 1,000 roses per month X $2 per rose =$2,000 estimated sales per month

a. Expenses per month

Cost of Goods Sold (COGS): Per unit costs X number of units of product/service

estimated to be sold each month

Example: 1,000 roses per week X $.25 cost to the company per rose = $250.00 total

COGS

ALL Other expenses per month (e.g. advertising, taxes)

b. Net income per month: Total Sales Total Expenses per month

c. Startup Costs including Equipment list, Deposits, etc. (if applicable)

d. Capital needed to get the business started o Schedule (table) of how much

capital is needed and for what

e. Financing sources: Outline your initial financing plan.

o How much money will be raised through the sale of stock or otherwise acquired?