We will do start-up costs and a 12 month cash-flow statement.

Enter the following start-up costs:

Equipment	$63000
Leasehold improvements/remodeling	4000
Telephone (deposit & installation)	125
Utilities deposit	200
Promotion	2000
Rent ( 1 month security deposit)	2000

You have $30,000 equity to contribute and will take out a loan of $85,000. The loan is at 9% for a 5-year term.

You will spend 2% of your sales on advertising and 20% of total sales on wage benefits.

Sales will be $40,000 per month with Cost of Goods sold of 60%.

Enter the following sales and expenses for the next 12 months.

(They will be the same each month in this example)

	1st month
Sales Revenue	$40000
Cash Expenses
Inventory	$24,000
Owners wage	$2,500
Clerks wages	$2,500
Utilities	$200
Phone	$50
Rent	$2000