Drone Photography Business Plan
Below is our drone photography business plan template and sample plan created using our free ai business plan generator.
I. Executive Summary
Company Overview
At AeroLens Photography, based in West Jordan, UT, we specialize in providing high-quality drone photography and videography services. Our mission is to capture the world from a unique perspective, offering our clients stunning visuals for a variety of occasions and needs. From personal events like weddings and family gatherings to professional needs such as real estate listings, construction project documentation, and promotional materials for businesses, we aim to deliver unparalleled aerial imagery that adds value and beauty. Our dedication to excellence, combined with advanced technology and creative vision, positions us as a leading provider in the aerial photography industry within our community and beyond.
Success Factors
Our success is driven by a combination of our cutting-edge drone technology, skilled pilots and photographers, and our commitment to customer satisfaction. We’ve achieved notable accomplishments, such as building a diverse portfolio that showcases our ability to cater to a wide range of industries and personal events. Our reputation for delivering high-quality, impactful visuals has established us as a trusted partner in West Jordan and the surrounding areas. Our strategic marketing efforts have also significantly increased our visibility and attracted a growing clientele seeking innovative photography solutions.
Industry Analysis
The drone photography industry is experiencing rapid growth, fueled by technological advancements and increasing demand across various sectors. This burgeoning field offers significant opportunities, particularly in real estate, construction, event planning, and tourism, where aerial imagery can provide substantial value. The rising popularity of drone photography for personal use, such as weddings and family gatherings, further expands the market. However, this growth also brings challenges, including regulatory hurdles and increased competition. Staying abreast of technological innovations and regulatory changes while differentiating our services through quality and creativity will be key to capitalizing on industry growth opportunities.
Customer Analysis
We target a diverse customer base in West Jordan, UT, encompassing both individuals and businesses. Our services cater to local residents looking to elevate their personal events with stunning aerial photography, as well as real estate agents who use our imagery to enhance property listings. We also serve construction companies needing to monitor project progress, and event organizers and tourism boards aiming to promote local attractions. By understanding the unique needs of each segment and offering customizable packages, we ensure our services provide significant value, making special moments unforgettable and business promotions more impactful.
Competitive Analysis
Top Competitors: – SkyView Aerial Solutions: Offers comprehensive aerial photography services with a focus on real estate and commercial projects. – Drone Eye Visuals: Specializes in event photography and videography, catering to both corporate and private events. Competitive Advantages: Our competitive edge lies in our superior image quality, exceptional customer service, and the ability to provide a wide range of services tailored to specific client needs. Unlike our competitors, we focus on creating personalized experiences for each client, ensuring their visions are brought to life through our aerial imagery. This client-centric approach, combined with our technical expertise and innovative solutions, sets us apart in the market.
Marketing Plan
Our marketing strategy revolves around showcasing our diverse range of high-quality aerial photography and videography services, emphasizing their application across various sectors such as real estate, construction, and event planning. We offer competitive pricing to ensure our services are accessible to a broad audience, including tiered packages to cater to different needs and budgets. Our promotions plan includes a robust digital marketing campaign, leveraging social media, SEO, and our website to showcase our portfolio and attract new clients. Additionally, we engage in local community events and network with businesses to build partnerships and enhance our visibility in the West Jordan area.
Operations Plan
Our operational excellence is fundamental to delivering superior services to our clients. Key processes include efficient client communication, meticulous project planning, routine equipment maintenance, and strict adherence to safety and compliance standards. We are committed to continuous improvement and innovation in our operations, from initial client contact through to post-production. Our milestones include expanding our service offerings, upgrading our technology, and continuously enhancing our operational efficiencies to maintain our leadership in the industry.
Management Team
Our management team comprises seasoned professionals with extensive experience in drone operations, photography, business management, and customer service. This diverse skill set ensures we are well-equipped to meet the challenges of the rapidly evolving drone photography industry. Our leadership is dedicated to fostering a culture of innovation, excellence, and client satisfaction, driving AeroLens Photography towards achieving its strategic goals and sustaining long-term growth.
Financial Plan
To reach our growth objectives, we require significant investment in state-of-the-art drone technology, marketing initiatives, and talent acquisition. This funding will enable us to expand our service offerings, enhance our operational capabilities, and increase our market share in the competitive aerial photography industry. Our financial strategy is designed to optimize returns on investment while ensuring we continue to deliver exceptional value to our clients and stakeholders.
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $3,091,639 | $3,347,720 | $3,625,012 | $3,925,272 | $4,250,403 |
Direct Expenses | $1,467,225 | $1,541,974 | $1,620,530 | $1,703,088 | $1,789,853 |
Gross Profit | $1,624,413 | $1,805,746 | $2,004,482 | $2,222,183 | $2,460,550 |
Gross Profit (%) | 52.5% | 53.9% | 55.3% | 56.6% | 57.9% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,527,328 | $1,705,715 | $1,901,416 | $2,115,991 | $2,351,136 |
Depreciation | $11,600 | $11,600 | $11,600 | $11,600 | $11,600 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $11,050 | $11,050 | $11,050 | $11,050 | $11,050 |
Income Tax Expense | $526,637 | $589,072 | $657,568 | $732,669 | $814,970 |
Net Income | $978,040 | $1,093,992 | $1,221,198 | $1,360,671 | $1,513,515 |
II. Company Overview
AeroLens Photography is a new Drone Photography serving customers in West Jordan, UT. We are proud to bring high-quality drone photography and videography services to our local community. Recognizing the lack of high-quality local drone photography options in the area, we are committed to filling this gap and delivering unparalleled aerial imaging services to our clientele.
Our offerings encompass a wide range of aerial photography and videography services tailored to meet the diverse needs of our customers. These include but are not limited to, detailed surveying and mapping for various industries, comprehensive inspection services that provide invaluable insights, captivating event coverage that captures the essence of any occasion, and cinematic production that brings stories to life from a unique aerial perspective. At AeroLens Photography, we leverage the latest drone technology to ensure the highest quality of our products and services.
Located in the heart of West Jordan, UT, AeroLens Photography is strategically positioned to serve our customers within West Jordan and the surrounding areas. Our local presence enables us to offer personalized and readily available services to our community, ensuring that we are always just a call away from assisting our clients with their aerial imaging needs.
We believe that AeroLens Photography is uniquely qualified to succeed for several reasons. Our founder brings invaluable experience from previously running a successful drone photography business, ensuring a solid foundation and a clear strategic direction for our operations. Moreover, our commitment to catering to a wide range of clients and providing innovative, high-quality visual content sets us apart from the competition, allowing us to meet and exceed the expectations of our diverse clientele.
AeroLens Photography was founded on 2024-01-07, as an S Corporation, and we have hit several key milestones since our inception. Notably, we’ve designed our logo and developed our company name, both of which reflect our brand’s vision and values. Additionally, we have secured a great location that serves as the base for our operations, enabling us to efficiently manage our services and maintain close connections with our customers. These accomplishments to date lay a solid foundation for our future growth and success.
III. Industry Analysis
The Drone Photography industry in the United States is currently experiencing rapid growth, with the market size estimated to be around $1.2 billion. This figure is expected to increase significantly in the coming years, with analysts projecting a compound annual growth rate (CAGR) of 15% over the next five years. This growth is driven by the increasing demand for high-quality aerial photography and videography services across various industries, including real estate, construction, agriculture, and entertainment.
One of the key trends in the Drone Photography industry is the adoption of advanced technology such as high-resolution cameras, real-time video streaming, and autonomous flight capabilities. These technological advancements have made drones more efficient, cost-effective, and user-friendly, allowing businesses like AeroLens Photography to offer innovative and high-quality services to their customers. Additionally, the growing popularity of drone photography for capturing special events, conducting inspections, and creating marketing materials has created new opportunities for businesses in this field.
AeroLens Photography, as a new player in the Drone Photography market serving customers in West Jordan, UT, is well-positioned to capitalize on the industry trends and growth opportunities. By leveraging the latest drone technology and offering customized photography and videography services, AeroLens Photography can attract a diverse range of clients and establish a strong presence in the local market. With the industry projected to continue expanding, AeroLens Photography has the potential to grow its business and become a trusted provider of aerial imaging solutions in the region.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
We will target local residents who seek high-quality aerial photography for personal events such as weddings, family gatherings, and real estate listings. These customers will appreciate the unique perspectives and stunning visuals that drone photography provides, making their special moments even more memorable. Additionally, local businesses will benefit from our services for marketing and promotional materials, showcasing their products and services in a visually engaging manner.
Real estate agents in West Jordan, UT will also find our offerings indispensable for creating compelling property listings. Drone photography will highlight the exterior and surrounding areas of properties, providing potential buyers with a comprehensive view. This will increase the attractiveness of listings and potentially speed up the sales process.
We will target construction companies and contractors who require aerial footage to monitor project progress and document completed work. This service will aid in project management, ensuring that stakeholders are kept informed of developments from unique vantage points. Detailed aerial views will also assist in site planning and safety assessments.
Event organizers and tourism boards will also be key customers, utilizing our drone photography to capture large-scale events and picturesque landscapes. Our services will help them promote West Jordan as a vibrant and attractive destination. By offering a variety of packages and customizable options, we will cater to the diverse needs of these organizations.
Customer Needs
AeroLens Photography addresses the diverse needs of customers by offering high-quality aerial photography services that cater to various industries such as real estate, construction, and event planning. Clients in real estate benefit from stunning aerial images and videos that enhance property listings and attract potential buyers. Construction professionals rely on our services for detailed site inspections, progress monitoring, and project documentation.
Event organizers and residents seeking to capture special moments also find value in our services, as we provide unique perspectives for weddings, parties, and community events. Businesses can use our aerial footage for marketing and promotional content, giving them a competitive edge. AeroLens Photography ensures high-resolution imagery and reliable service, meeting the expectations of clients who require precision and quality.
Moreover, we offer flexible packages and customizable solutions to suit the specific needs of each client, ensuring a tailored approach. By using advanced drone technology, AeroLens Photography delivers efficiency and innovation, fulfilling the need for cutting-edge visual content. Our commitment to customer satisfaction drives us to maintain top-notch service and continuous improvement, making us a trusted choice for aerial photography needs.
V. Competitive Analysis
Direct Competitors
AeroLens Photography’s competitors include the following companies:
Utah Real Estate Photography
Utah Real Estate Photography offers a range of services including drone photography, virtual tours, and traditional real estate photography. Their price points range from $150 to $500 depending on the package and complexity of services. They generate substantial revenue, although exact figures are not publicly disclosed. They are based in Salt Lake City, UT, and serve various regions across Utah, including West Jordan. Their primary customer segments include real estate agents, property developers, and homeowners. Key strengths include a comprehensive service offering and a strong reputation. However, their pricing can be on the higher side, which may deter budget-conscious clients. Additionally, their scheduling can sometimes be limited due to high demand.
Quick Pics
Quick Pics specializes in real estate photography, offering services such as drone photography, 3D tours, and professional photo editing. Their pricing is competitive, typically ranging from $100 to $400 per package. They have been successful in maintaining a steady revenue stream through efficient operations. Located in West Jordan, UT, they cater to clients primarily within the city and its surrounding areas. Their customer base includes real estate agents, property managers, and private sellers. Strengths include quick turnaround times and affordability. Weaknesses include a more limited range of services compared to larger competitors and a smaller team, which can impact scheduling flexibility.
Premier Real Estate Photography of Utah
Premier Real Estate Photography of Utah offers high-end drone photography, twilight shoots, and virtual staging services. Their pricing is premium, generally ranging from $200 to $600. They report high revenues, reflecting their success in the market. They are headquartered in Provo, UT, and serve a wide geographic area, including West Jordan and the greater Salt Lake City region. Their clientele consists of luxury real estate agents, commercial property developers, and high-end homeowners. Key strengths include exceptional quality and a strong brand presence. However, their higher price points may not be accessible to all market segments, and their focus on premium services might limit their appeal to average real estate listings.
Competitive Advantages
AeroLens Photography stands out in the competitive landscape by catering to a wide range of clients, providing innovative and high-quality visual content that surpasses our competition. We specialize in capturing stunning aerial imagery that meets the diverse needs of industries such as real estate, construction, event management, and tourism. Our expertise allows us to deliver tailored solutions, ensuring that each client’s unique visual storytelling requirements are met with precision and creativity. By leveraging the latest drone technology and advanced editing techniques, we create compelling visual narratives that engage and captivate our audience.
In addition to our technical proficiency, we pride ourselves on our commitment to customer satisfaction and personalized service. Our team of skilled professionals works closely with clients to understand their specific objectives and deliver results that exceed expectations. We also prioritize safety and compliance with all relevant regulations, ensuring that our operations are both reliable and trustworthy. By combining our innovative approach with a strong focus on client relationships and regulatory adherence, AeroLens Photography offers a comprehensive and competitive advantage in the drone photography market.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
AeroLens Photography offers a diverse range of products and services tailored to meet various needs. Among the primary offerings, Aerial Photography and Videography stand out. Clients can expect stunning aerial shots and high-definition videos that capture unique perspectives. The average price for these services typically falls around $300 per hour, depending on the complexity and duration of the shoot.
Surveying and Mapping services are another key component of AeroLens Photography’s portfolio. Utilizing advanced drone technology, these services provide precise and detailed maps and surveys that are invaluable for construction, agriculture, and land management. The price for these services averages around $500 per project, influenced by the area size and specific requirements.
Inspection Services offer a practical solution for industries requiring regular inspections of infrastructure, such as bridges, power lines, and wind turbines. Drones can access hard-to-reach areas safely and efficiently. The average cost for inspection services is approximately $400 per inspection, varying based on the complexity and frequency of the inspections.
Event Coverage is designed for capturing memorable moments from weddings, concerts, sports events, and corporate gatherings. With the ability to cover large areas and provide unique angles, drone footage enhances the overall event experience. The average price for event coverage hovers around $350 per hour, subject to the duration and specific needs of the event.
Cinematic Production services cater to filmmakers and advertisers who seek high-quality, cinematic drone footage. This service includes pre-production planning, filming, and post-production editing to ensure a polished final product. Clients can expect to pay an average of $1,000 per project, with costs varying based on the project’s scope and complexity.
Promotions Plan
At AeroLens Photography, we utilize a diverse array of promotional methods to attract customers. Our online marketing strategy is robust and multifaceted. We invest in targeted social media advertising on platforms such as Facebook, Instagram, and LinkedIn to reach potential clients within West Jordan, UT, and beyond. Regularly updating our social media profiles with high-quality, engaging content showcases our exceptional drone photography skills and keeps our audience engaged.
We also enhance our online presence through Search Engine Optimization (SEO) and Search Engine Marketing (SEM). By optimizing our website content for relevant keywords and investing in Google Ads, we ensure that our services appear prominently in search engine results. This approach drives organic traffic to our website and increases our visibility to potential customers seeking drone photography services.
Email marketing is another critical component of our strategy. We build and maintain a comprehensive email list to send out newsletters, promotions, and updates. This direct line of communication helps us stay top-of-mind with our clients and informs them of our latest offerings and special deals.
Networking and partnerships within the local community also play a significant role in our promotional efforts. By collaborating with real estate agencies, event planners, and local businesses, we expand our reach and establish mutually beneficial relationships. These partnerships often lead to referrals and long-term business opportunities.
We participate in local events and trade shows, showcasing our drone photography capabilities. This face-to-face interaction with potential clients allows us to demonstrate the value of our services and build trust. Additionally, we offer complimentary workshops and webinars on drone photography, positioning ourselves as experts in the field and attracting a dedicated audience interested in learning more about our services.
Lastly, customer testimonials and case studies are integral to our promotional strategy. By showcasing positive feedback from satisfied clients and highlighting successful projects, we build credibility and trust. This social proof reassures potential customers of the quality and reliability of our services.
Through these varied promotional methods, we effectively attract and retain customers, ensuring the continued growth and success of AeroLens Photography.
VII. Operations Plan
Our Operations Plan details:
- The key day-to-day processes that our business performs to serve our customers
- The key business milestones that our company expects to accomplish as we grow
Key Operational Processes
To ensure the success of AeroLens Photography, there are several key day-to-day operational processes that we will perform:
- Client Communication:
- Respond to inquiries promptly via email, phone, and social media channels.
- Schedule consultations to understand client needs and project requirements.
- Provide quotes and proposals based on scope and complexity of the project.
- Send regular updates and follow-ups to maintain client engagement.
- Project Planning:
- Plan flight paths considering client specifications and regulatory requirements.
- Conduct pre-flight surveys to assess the site and identify potential hazards.
- Obtain necessary permits and approvals from local aviation authorities.
- Equipment Maintenance:
- Perform routine checks and maintenance on drones and photography equipment.
- Ensure batteries are charged and firmware is up-to-date.
- Calibrate cameras and drones to ensure optimal performance.
- Flight Operations:
- Conduct safe and compliant drone flights according to planned routes.
- Capture high-quality aerial photographs and videos as per client requirements.
- Monitor airspace and weather conditions to ensure safe operations.
- Post-Production:
- Edit and enhance photos and videos using professional software.
- Ensure final deliverables meet client specifications and quality standards.
- Organize and archive project files for easy retrieval and future reference.
- Marketing and Sales:
- Update website and social media platforms with recent projects and testimonials.
- Engage in online and offline marketing activities to attract new clients.
- Network with local businesses and attend industry events to build relationships.
- Financial Management:
- Track expenses, manage invoices, and ensure timely payments from clients.
- Maintain financial records and prepare monthly financial reports.
- Budget for equipment upgrades and other business investments.
- Compliance and Safety:
- Adhere to FAA regulations and local laws regarding drone operations.
- Implement safety protocols to mitigate risks during flights.
- Ensure all staff are trained and certified for drone operations.
Milestones
AeroLens Photography expects to complete the following milestones in the coming months in order to ensure its success:
- Acquire necessary FAA Part 107 certification for all drone operators to ensure legal compliance and operational safety.
- Invest in high-quality, reliable drone equipment and ensure all technology is up-to-date and suitable for professional photography.
- Develop a professional website and portfolio showcasing the range and quality of services to attract potential customers.
- Establish and finalize contracts with initial clients to secure a consistent revenue stream and build a reputation in the market.
- Launch a comprehensive marketing campaign utilizing social media, online advertising, and local partnerships to increase brand visibility.
- Launch our drone photography services with a well-publicized event or promotional offer to generate initial interest and clients.
- Implement a customer relationship management (CRM) system to manage client interactions, feedback, and repeat business effectively.
- Reach $7,500/month in revenue within the first 12 months to ensure steady growth and financial stability.
- Expand service offerings to include specialized areas such as real estate, weddings, and commercial projects to diversify revenue streams.
- Achieve $15,000/month in revenue by the end of 24 months, ensuring the business is profitable and sustainable.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
AeroLens Photography management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Aiden Brown, CEO
Aiden Brown has a history of success and has successfully run a drone photography business in the past. His extensive experience in the drone photography industry provides AeroLens Photography with a strong foundation for operational excellence and strategic growth. Aiden’s proven track record in the field, coupled with his keen business acumen, ensures that AeroLens Photography is well-positioned to navigate the competitive landscape and achieve lasting success.
IX. Financial Plan
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $3,091,639 | $3,347,720 | $3,625,012 | $3,925,272 | $4,250,403 |
Direct Expenses | $1,467,225 | $1,541,974 | $1,620,530 | $1,703,088 | $1,789,853 |
Gross Profit | $1,624,413 | $1,805,746 | $2,004,482 | $2,222,183 | $2,460,550 |
Gross Profit (%) | 52.5% | 53.9% | 55.3% | 56.6% | 57.9% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,527,328 | $1,705,715 | $1,901,416 | $2,115,991 | $2,351,136 |
Depreciation | $11,600 | $11,600 | $11,600 | $11,600 | $11,600 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $11,050 | $11,050 | $11,050 | $11,050 | $11,050 |
Income Tax Expense | $526,637 | $589,072 | $657,568 | $732,669 | $814,970 |
Net Income | $978,040 | $1,093,992 | $1,221,198 | $1,360,671 | $1,513,515 |
Funding Requirements/Use of Funds
To accomplish our growth goals, AeroLens Photography needs $110,500 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Equipment (Drones and Accessories) | $15,000 |
Computers and Software | $5,000 |
Vehicle for Transportation | $25,000 |
Furniture and Fixtures | $3,000 |
Initial Location Buildout/Renovations | $10,000 |
Non Capital Investments | |
---|---|
Working Capital | $20,000 |
Initial Rent/Lease (3 Months) | $6,000 |
Staff Salaries for the First 3 Months | $15,000 |
Initial Marketing and Advertising | $8,000 |
Insurance (3 Months) | $1,500 |
Supplies and Miscellaneous | $2,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $3,091,639 | $3,347,720 | $3,625,012 | $3,925,272 | $4,250,403 | |
Total Revenues | $3,091,639 | $3,347,720 | $3,625,012 | $3,925,272 | $4,250,403 | |
Direct Costs | ||||||
Direct Costs | $1,467,225 | $1,541,974 | $1,620,530 | $1,703,088 | $1,789,853 | |
Total Direct Costs | $1,467,225 | $1,541,974 | $1,620,530 | $1,703,088 | $1,789,853 | |
GROSS PROFIT | $1,624,413 | $1,805,746 | $2,004,482 | $2,222,183 | $2,460,550 | |
GROSS PROFIT % | 52.5% | 53.9% | 55.3% | 56.6% | 57.9% | |
Other Expenses | ||||||
Salaries | $72,814 | $75,023 | $77,299 | $79,644 | $82,060 | |
Marketing Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Rent/Utility Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Other Expenses | $12,135 | $12,503 | $12,883 | $13,274 | $13,676 | |
Total Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 | |
EBITDA | $1,527,328 | $1,705,715 | $1,901,416 | $2,115,991 | $2,351,136 | |
Depreciation | $11,600 | $11,600 | $11,600 | $11,600 | $11,600 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,515,728 | $1,694,115 | $1,889,816 | $2,104,391 | $2,339,536 | |
Interest Expense | $11,050 | $11,050 | $11,050 | $11,050 | $11,050 | |
PRETAX INCOME | $1,504,678 | $1,683,065 | $1,878,766 | $2,093,341 | $2,328,486 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,504,678 | $1,683,065 | $1,878,766 | $2,093,341 | $2,328,486 | |
Income Tax Expense | $526,637 | $589,072 | $657,568 | $732,669 | $814,970 | |
NET INCOME | $978,040 | $1,093,992 | $1,221,198 | $1,360,671 | $1,513,515 | |
Net Profit Margin (%) | 31.6% | 32.7% | 33.7% | 34.7% | 35.6% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $909,503 | $1,999,708 | $3,215,629 | $4,576,470 | $5,971,491 | |
Other Current Assets | $265,375 | $287,356 | $311,157 | $327,106 | $354,200 | |
Total Current Assets | $1,174,878 | $2,287,064 | $3,526,787 | $4,903,576 | $6,325,691 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | |
Accum Depreciation | $11,600 | $23,200 | $34,800 | $46,400 | $58,000 | |
Net fixed assets | $46,400 | $34,800 | $23,200 | $11,600 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,221,278 | $2,321,864 | $3,549,987 | $4,915,176 | $6,325,691 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $132,737 | $139,331 | $146,256 | $150,773 | $158,272 | |
Debt outstanding | $110,500 | $110,500 | $110,500 | $110,500 | $0 | |
Total Liabilities | $243,237 | $249,831 | $256,756 | $261,273 | $158,272 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $978,040 | $2,072,033 | $3,293,231 | $4,653,903 | $6,167,419 | |
Total Equity | $978,040 | $2,072,033 | $3,293,231 | $4,653,903 | $6,167,419 | |
TOTAL LIABILITIES & EQUITY | $1,221,278 | $2,321,864 | $3,549,987 | $4,915,176 | $6,325,691 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $978,040 | $1,093,992 | $1,221,198 | $1,360,671 | $1,513,515 | |
Change in Working Capital | ($132,637) | ($15,387) | ($16,877) | ($11,430) | ($19,595) | |
Plus Depreciation | $11,600 | $11,600 | $11,600 | $11,600 | $11,600 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $857,003 | $1,090,205 | $1,215,920 | $1,360,841 | $1,505,520 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($58,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($58,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $110,500 | $0 | $0 | $0 | ($110,500) | |
Net Cash Flow from Financing | $110,500 | $0 | $0 | $0 | ($110,500) | |
Net Cash Flow | $909,503 | $1,090,205 | $1,215,920 | $1,360,841 | $1,395,020 | |
Cash at Beginning of Period | $0 | $909,503 | $1,999,708 | $3,215,629 | $4,576,470 | |
$909,503 | $1,999,708 | $3,215,629 | $4,576,470 | $5,971,491 |