Financial Plan Write-Up

1771 WordsOct 31, 20088 Pages
Financial Plan The following sections will outline our financial plan for growth and continued sales. Important assumptions are laid out in each section to better clarify what we are projecting. Important Assumptions The current economic climate in the U.S. appears to be on the brink of recession. We do believe that this could have a mild impact on our company’s profitability because many families will start to allocate their expendable income towards more of the basic needs of the family. Spending money to go out to eat will be minimized. H.O.M.E. believes, however, that because our products are contributors to continued good health that people will continue to purchase our products to keep up with a healthy lifestyle. We…show more content…
expenses paid $5,000.00 $2,000.00 $2,000.00 Net cash provided by operating activities -$55,943.57 $10,296.85 $78,126.97 Cash Flows from Investing activities Payment to purchase equipment -$22,487.10 $0.00 $0.00 Net cash provided by Investing activities -$22,487.10 $0.00 $0.00 Cash Flows from financing activities: Payments of principal on amounts borrowed $6,000.00 $6,000.00 $6,000.00 Net borrowings under line-of-credit agreement $30,000.00 $0.00 $0.00 Proceeds from ownership savings $90,000.00 $0.00 $0.00 Net cash provided by financing activities $114,000.00 -$6,000.00 -$6,000.00 Net Cash Flow $35,569.33 $4,296.85 $72,126.97 Cash Balance $35,569.33 $39,866.18 $111,993.15 Projected Balance Sheet Our 2009 total assets we will have total of $57,459.99 and our total liabilities will equal $24,000, and this will result in a net worth of $33,459.99. Our owner’s equity section of our balance sheet consists of the large
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