These numbers can be made up, as long as they reconcile and fit the description given by
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These numbers can be made up, as long as they reconcile and fit the description given by the instructions.
For reference, the business in question is a coffee shop/co-working space.
3 sources of revenue are coffee, workspace fees, and a small library with book sales.
Expenses are traditional cost of sales for a coffee shop, wages, rent, and 200 books bought per month.
Transcribed Image Text:
Include a sources and uses table Include proforma balance sheet, income statement, and cash flow for at least two years Breakeven analysis Collateral Offering (if relevant to your plan) Make sure that you are doing your research-look at industry averages so that your forecasting isn't unrealistic-especially with profit margins. Make sure that your numbers reconcile! Start with your income statement, then balance sheet (which needs to balance), then cash flows. Your sources and use should also reconcile. Include a sources and uses table Include proforma balance sheet, income statement, and cash flow for at least two years Breakeven analysis Collateral Offering (if relevant to your plan) Make sure that you are doing your research-look at industry averages so that your forecasting isn't unrealistic-especially with profit margins. Make sure that your numbers reconcile! Start with your income statement, then balance sheet (which needs to balance), then cash flows. Your sources and use should also reconcile.
Expert Answer:
Answer rating: 100% (QA)
Year 1 Sources and Uses of Funds Sources 1 Initial Capital Investment 150000 2 Bank Loan 50000 3 Owners Investment 25000 Total Sources 225000 Uses 1 R... View the full answer
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