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    Financial Projection 1

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    The document projects financials for a business over its first 5 years, including: - Revenues are projected to increase each year from $98,880 in Year 1 to $156,384 in Year 5. - Cost of goods sold and expenses also increase yearly, but gross profit and net income are projected to rise from $9,000 in Year 1 to $18,417 in Year 5.

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    Financial Projection 1

    Uploaded by

    avi privacy
    6 views1 page
    The document projects financials for a business over its first 5 years, including: - Revenues are projected to increase each year from $98,880 in Year 1 to $156,384 in Year 5. - Cost of goods sold and expenses also increase yearly, but gross profit and net income are projected to rise from $9,000 in Year 1 to $18,417 in Year 5.

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    The document projects financials for a business over its first 5 years, including: - Revenues are projected to increase each year from $98,880 in Year 1 to $156,384 in Year 5. - Cost of goods sold and expenses also increase yearly, but gross profit and net income are projected to rise from $9,000 in Year 1 to $18,417 in Year 5.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    6 views1 page

    Financial Projection 1

    Uploaded by

    avi privacy
    The document projects financials for a business over its first 5 years, including: - Revenues are projected to increase each year from $98,880 in Year 1 to $156,384 in Year 5. - Cost of goods sold and expenses also increase yearly, but gross profit and net income are projected to rise from $9,000 in Year 1 to $18,417 in Year 5.

    Copyright:

    © All Rights Reserved
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    of 1

    B.

    Financial Projection

    Year 1 Year 2 Year 3 Year 4 Year 5


    PROJECTED INCOME STATEMENT FROM YEARS 1-5
    Revenues 98,880 108,768 126,676 141,768 156,384

    Cost of Goods Sold 34,680 35,685 36,690 37,695 38,700

    Materials 33,600 34,600 35,600 36,600 37,600

    Labor 1,080 1,085 1,090 1,095 1,100

    Gross Profit 64,200 73,083 89,986 104,073 117,684

    Expenses 19,200 20,800 22,400 24,000 25,600

    Miscellaneous Expenses 1,200 1,300 1,400 1,500 1,600

    Utilities Expenses 12,000 13,000 14,000 15,000 16,000

    Permit and License 6000 6,500 7,000 7,500 8,000

    Income before Interest and taxes 45,000 52,283 67,586 80,073 92,084

    Tax 36,000 41,826 54,068 64,058 73,667

    Net Income 9,000 10,457 13,518 16,015 18,417

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