Pro forma balance Sheet Current Assets Cash 100,381 294,406 568,340 Accounts Receivable 69,030 115,333 138,399 Other Current Assets 0 0 0 Total Current Assets 169,411 409,738 706,739 Long-term Assets Long-term Assets 0 0 0 Accumulated Depreciation 0 0 0 Total Long-term Assets 0. Create your own business plan.8 Business Ratios The following table provides important business ratios for the consulting industry, as determined by the Standard Industry Classification (SIC) Index code 8742, management Consulting Services. Ratio analysis Sales Growth.00.08.00.60 Accounts Receivable.220.127.116.11 Other Current Assets.00.00.00.70 Total Current Assets 100.00 100.00 100.00.90 Long-term Assets.00.00.00.10 Total Assets 100.00 100.00 100.00 100.00 Current liabilities.21.63.25. A return on Equity.59.07.85. A Accounts Receivable turnover.98.98.98. A collection days.
Design and, development, plans
As with the break-even, we are projecting very conservatively regarding cost of sales and gross margin. Our cost of sales should be much lower, and gross margin higher, than in this projection. Initially, we will depend on our internal consultants for most of fulfillment, which is why costs should be lower than shown, although occasionally we shall engage the services of outside consultants as discussed in our personnel plan. We prefer to project conservatively so that we make sure we have enough cash. Note: All displayed currency values represent Botswanan Pula (P). Create your own business plan need actual charts? Create your own business plan Pro forma Profit and Loss Direct Cost resume of Sales 79,500 117,000 140,400 Other 0 0 0 Total Cost of Sales 79,500 117,000 140,400 Gross Margin 286,800 495,000 594,000 Gross Margin.30.88.88 payroll 77,300 142,600 161,596 Sales and Marketing. The first year monthly cash buy flow chart appears below and the monthly figures are shown in the appendix. The annual cash flow figures are included here. Note : All displayed currency values represent Botswanan Pula (P). Create your own business plan Pro forma cash Flow Cash from Operations Cash Sales 91,575 153,000 183,600 Cash from Receivables 205,695 412,697 527,733 Subtotal Cash from Operations 297,270 565,697 711,333 Additional Cash Received Sales Tax, vat, hst/gst received 0 0 0 New Current Borrowing.
Create your own business plan, break-even Analysis Monthly revenue break-even 11,807 average percent Variable cost 22 Estimated Monthly fixed Cost 9,244.4 Expense forecast Initial marketing expenses were relatively high as we sought to become known on the market. This was brought about by the development of sales literature, advertising expenses, function expenses including lunches and dinners with interested stakeholders. As our market share increases and capital is generated, further marketing programs and the expansion of those in existence at the time will be undertaken, to ensure market development. The expenses generated essay by our marketing strategies will be high in the initial stages of design and implementation. However with time these programs will start generating revenue for the business, which we shall in turn reinvest. The fruits of the above are soon to be gained. 7.5 Projected Profit and Loss Our projected profit and loss is shown on the following table, with sales increasing from more than P366,000 the first year to P612,000 the second, and P734,400 in the third year. Profits may not seem that impressive, but are relatively good for a start-up firm in our business. Hence we do expect to more than break-even in the first year of operation.
However, we recognize that we cannot control this factor easily, because of the relationship with our clients. We recommend using liveplan as the easiest way to create graphs for your own business plan. Create your own business plan.3 Break-even Analysis. The following table summarizes our break-even analysis. With fixed costs at a bare minimum, we don't really expect to reach break-even until several months into the business operation. The break-even assumes variable costs of 20 percent of revenue. This assumption is probably too high, and therefore conservative, because, at least in the beginning, most of our cost of fulfillment is actually the compensation of the consultants. Note: All displayed currency values represent Botswanan Pula (P).
General Assumptions, plan Month 1 2 3, current Interest Rate.00.00.00. Long-term Interest Rate.00.00.00, tax Rate.42.00.42, other 0 0 0, need real financials? We recommend using liveplan as the easiest way to create automatic financials for your own business plan. Create your own business plan.2 key financial Indicators, the following benchmark chart indicates our key financial indicators for the first three years. We foresee major growth in sales and operating expenses, and a bump in our collection days as we spread the business during expansion. Collection days are very important. We do not want to let our average collection days get above 30 under any circumstances. This could cause a serious problem with cash flow, because our working capital situation is chronically tight.
Home Inspection, business, plan
Respect for realistic forecasts, and conservative cash flow and financial management. Cash flow as first priority, growth second, profits third. Willingness to follow the company and contribute valuable input to strategy and implementation decisions. Of these only the last two are flexible. 7.1 Important Assumptions, the financial plan depends on important assumptions, most of which are shown in the following table as annual assumptions. The monthly assumptions are included in the appendix.
From the beginning, we recognize that collection days are critical, but not a essay factor we can influence easily. At least we are planning on the problem, and dealing with. Interest rates, tax rates, and personnel burden are based on conservative assumptions. Some of the more important underlying assumptions are: we assume a strong economy, without major recession. We assume, of course, that there are no unforeseen changes in economic policy to make our clients' products immediately obsolete. The table below summarizes key financial assumptions, including 30-day average collection days, sales entirely on invoice basis including the 30 deposit policy, expenses mainly on net 30 basis, 30 days on average for payment of invoices, and present-day interest rates.
Years of development and support experience with different ecommerce platforms such as Magento, abantecart, cs-cart, Opencart, woocommerce, zencart, osCommerce, cre loaded as well as various cms solutions. We are located in New Jersey and offer on-site consulting in New York metropolitan area and other states if required. Some of our skill sets, php, perl. Java, hTML5 jQuery, cSS3, bootstrap, mysql, postgresql, linux. Apache, uml, in addition to many other skills, we specialize in implementing User Focused, Effective, agile solutions.
Our history, some of our clients, who love to work with. More than 500 ecommerce sites created. We want to finance growth mainly through cash flow and equity. We recognize that this means we will have to grow more slowly than we might like. The most important factor in our case is collection days. We can't push our clients hard on collection days, because they are in larger companies and will normally have marketing authority, not financial authority. Therefore we need to develop a permanent system of receivables financing, using one of the established financial companies in that business. In turn we intend to ensure that our investors are compatible with our growth plan, management style and vision. Compatibility in this regard means: A fundamental respect for giving our customers value, and for maintaining a healthy and congenial workplace.
How to Create a, business, plan
Mobile Applications, mobile native apps to sell your products on Iphone and outsiders Android. Over 15 years in business of software development. On Time and On Budget Solutions. In depth knowledge of ecommerce industry and merchant services. Passionate for new technologies and innovation. Optimize development Cost without Compromising quality. Broad essay Software technologies spectrum and Methodologies. Putting customers first to meet requirements. Finds solutions to very complex tasks.
Our Services, software development, we build software designed to meet your needs and guy industry requirements. Using the latest in software technologies and methodologies, we deliver cost effective and best in class solutions. Branding, your brand identifies your business. Let us help craft your brand with an effective, unified, user experience that differentiates you from your competition while connecting you with your audience. Ecommerce consulting, identify the best Ecommerce strategy for your business. Whether planning your first venture into ecommerce or upgrading your current online store, let us guide you through your options. We provide analysis of your site, make a plan of action and customization based on your needs. Through business analysis, we can help your business achieve your goals while reducing the overall cost of project development. We ensure final solutions meet your needs by capturing your full requirements using effective methods, tools and techniques.
recovery plans are documented and implemented. This stage involves the development of a package of documents regulating the development of solutions described in Paragraph 2, and its subsequent implementation. The assessment helps determine the extent to which the designed plan is understandable to the organizations staff and management, and how fully it reflects the organizations business continuity plan. Plan implementation support, changes to the plan in accordance with the changes occurring in the organization; Testing the plan after these changes; Testing and changing the plans technical components; Testing and changing the organizations procedure for supporting the plans implementations and staff training; The staging. The second component of bcp/drp involves disaster recovery planning (DRP). Drp presents a document regulating the method, rules and procedures to be taken should a disaster strike the information systems and its components. The development of a bcp/drp allows our clients to have confidence for the future and not fear any failures or defects associated with human and technological factors.
This helps identify which business processes and corresponding systems are either critical or non-critical to the resume organizations business operations. Analysis of the potential threats aiming at the companys critical business processes. The potential threats are identified and classified. Analysis of potential attack scenarios. This stage helps to determine and examine the most likely attack scenarios. Analysis of the potential consequences of an attack. This stage conducts a comparison of the potential losses against the advantages of preventing these consequences, and evaluates the cost of loss prevention. Development of continuous business plan design solutions. Business processes are assigned matrix such as the recovery point objective (RPO) and the recovery time objective (rto which explicitly determine the time required to recover the business processes and ensure their proper operation.
Our Solutions for International, business, expansion Pwc japan Group
In contemporary business, even the shortest of downtimes which can occur for various reasons are unacceptable. For this very reason, business continuity management is an important strategic objective for any company management. Pointlane offers healthy its clients services that enable them to design their business continuity and disaster recovery plans (BCP/DRP). The implementation of measures performed as part of these services allows our clients to both preserve and enhance the stability of their business processes. It should be pointed out that bcp/drp are a continuous business process that client companies can manage on their own once these have been deployed. A bcp (business continuity plan) is a package of documents that helps prepare business continuity plans for various accidents and other incidents. The plans development and implementation allows the company to recover the information systems and components that operate as part of the business process, with this work completed in the established timeframe. Bcp development services offered by pointlane include the following stages:. Analysis, identification of the business processes and supporting information systems used by the client company.