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Security Services Business Plan Template

Written by Dave Lavinsky

Security Services Business Plan Template
Table of Contents
Table of Contents

Security Services Business Plan

Below is our security services business plan template and sample plan created using what we consider the best ai business plan generator.

I. Executive Summary

Company Overview

Fortified Shield Security, based in Mansfield, OH, is dedicated to providing superior security solutions tailored to the unique needs of our clients. Our comprehensive range of services includes alarm systems, surveillance cameras, access control systems, and 24/7 monitoring services, catering to residential, commercial, educational, and healthcare sectors. Our commitment to excellence is driven by our mission to ensure the safety and security of our clients’ assets, employees, and loved ones. With a focus on leveraging the latest technology and delivering personalized customer service, we strive to be the preferred security partner in our community.

Success Factors

Our success is anchored on our ability to offer comprehensive, customized security solutions that address the specific needs of our diverse clientele. To date, our accomplishments include developing a broad service offering that combines physical and digital security measures, establishing a strong local presence in Mansfield, OH, and assembling a skilled team of security professionals. Our emphasis on customer service and our ability to adapt to the evolving security landscape have positioned us as a trusted security services provider in our market.

Industry Analysis

The security services industry is experiencing significant growth, driven by increasing awareness of security risks and advances in technology. This growth is further fueled by the rising demand for security solutions across various sectors, including residential, commercial, and institutional markets. The trend towards integrated security systems that combine physical security measures with cybersecurity solutions is shaping the industry’s future. Companies that can offer comprehensive, technology-driven security services are well-positioned to capitalize on these market opportunities. Fortified Shield Security’s focus on offering a broad range of services, from alarm systems to cybersecurity, aligns well with industry trends and positions us to meet the growing demand for integrated security solutions.

Customer Analysis

Fortified Shield Security targets a diverse clientele within Mansfield, OH, including local residents seeking enhanced home security, small and medium-sized businesses in need of comprehensive security measures, schools and educational institutions prioritizing student safety, and healthcare facilities requiring stringent security protocols. Our approach is to offer tailored security solutions that address the unique needs of each client segment, ensuring their assets, employees, and loved ones are well-protected. By focusing on personalized service and leveraging our expertise in both physical and digital security, we aim to provide holistic security plans that inspire confidence and peace of mind among our clients.

Competitive Analysis

Our main competitors include Vector Security, known for their extensive network and advanced technology solutions; Sparks Protection Services, which specializes in on-site security personnel and boasts local expertise; and Clarktel Telecommunications, recognized for their comprehensive service offerings and technical expertise. Despite the strengths of these competitors, Fortified Shield Security distinguishes itself through our emphasis on personalized service, our ability to offer integrated security solutions combining physical and digital security measures, and our deep understanding of the local market in Mansfield, OH. Our competitive advantages lie in our agility, customer-centric approach, and commitment to employing the latest security technologies.

Marketing Plan

Fortified Shield Security employs a multifaceted marketing strategy that encompasses both traditional and digital channels. Our product and service offerings are competitively priced to provide value while ensuring the highest security standards. We prioritize establishing a strong digital presence through search engine optimization, active engagement on social media platforms, and targeted online advertising. Additionally, our email marketing campaigns and participation in community events serve to deepen relationships with existing clients and attract new ones. Traditional advertising and customer testimonials further support our promotional efforts, creating a comprehensive approach to market our security solutions in Mansfield, OH.

Operations Plan

Key operational processes at Fortified Shield Security include the official launch of our security services, obtaining necessary licenses and certifications, forming strategic partnerships, and hiring and training staff. We aim to achieve key milestones such as reaching $15,000/month in revenue, developing a strong online presence, and implementing a customer feedback loop to continuously improve our services. Establishing robust communication systems and securing comprehensive insurance coverage are also critical to our operations, ensuring we provide reliable and protected services to our clients.

Management Team

Our management team brings together seasoned professionals with extensive experience in security, technology, and business management. This diverse expertise ensures that Fortified Shield Security is well-equipped to navigate the complexities of the security services industry and lead our company towards sustained growth. Our team’s commitment to excellence and innovation drives our strategic decisions and operations, positioning us as a leader in the security services market.

Financial Plan

Fortified Shield Security requires significant funding to achieve our growth goals. This investment will be allocated towards expanding our service offerings, marketing initiatives, operational infrastructure, and technology enhancements. Our financial strategy is designed to ensure a balanced approach to spending, focusing on generating stable revenue streams while investing in areas that will drive long-term growth and profitability.

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 $11,000 $11,000 $11,000 $11,000 $11,000
Amortization $0 $0 $0 $0 $0
Interest Expense $14,900 $14,900 $14,900 $14,900 $14,900
Income Tax Expense $525,499 $587,935 $656,430 $731,531 $813,832
Net Income $975,928 $1,091,879 $1,219,085 $1,358,559 $1,511,403

 

II. Company Overview

Fortified Shield Security is a new Security Services serving customers in Mansfield, OH. We are a local security service. Noticing a gap in the market, we’ve identified that there are no high-quality local security services in the area, which positions us uniquely to cater to this unmet need.

Our offerings are comprehensive, designed to meet a wide range of security needs. We provide manned guarding, ensuring that properties and facilities are protected by trained security personnel. Our mobile patrols offer an added layer of security, with regular sweeps to deter criminal activity. For technological security solutions, we offer alarm monitoring and response services, alongside CCTV surveillance to keep a watchful eye over premises. Additionally, our access control systems ensure that only authorized individuals can gain entry to restricted areas, providing peace of mind to our clients.

Located in the heart of Mansfield, OH, Fortified Shield Security is ideally positioned to serve customers within the local community. Our deep understanding of the local context and security challenges ensures that we offer tailored solutions that meet the specific needs of our clients in Mansfield.

Our ability to succeed in this competitive market is underpinned by several key factors. The foundation of Fortified Shield Security is built on the extensive experience of our founder, who has previously run a successful security services business. This background provides us with invaluable insights and expertise in delivering high-quality security solutions. Furthermore, our alarm monitoring and response services are superior to those offered by our competition, setting us apart in the market. The breadth of security services we offer further ensures that we can meet the diverse needs of our clients, offering them a one-stop solution for all their security requirements.

Since being founded on January 5, 2024, as a Sole Proprietorship, we have hit several key milestones that underscore our commitment to building a reputable and reliable security service. We have successfully designed our logo, which encapsulates our brand’s essence and commitment to security. The development of our company name was a thoughtful process, ensuring it reflects our mission and values. Finding a great location for our operations was another significant accomplishment, allowing us to strategically position ourselves to best serve our customers in Mansfield, OH.

 

III. Industry Analysis

The Security Services industry in the United States is a thriving market, with an estimated size of $34 billion in 2020. This industry encompasses a wide range of services, including security guards, alarm monitoring, and cybersecurity solutions. With increasing concerns about safety and security, the demand for these services is expected to continue growing in the coming years.

One key trend in the Security Services industry is the shift towards more advanced technology solutions, such as AI-powered surveillance systems and biometric access control. This trend aligns well with Fortified Shield Security, which prides itself on offering cutting-edge security solutions to its customers in Mansfield, OH. By staying ahead of the curve and adopting the latest technology, Fortified Shield Security is well-positioned to capitalize on the growing market demand.

Another trend driving growth in the Security Services industry is the increasing focus on personalized and customized security solutions. Customers are looking for tailored security services that meet their specific needs and preferences. Fortified Shield Security’s commitment to providing personalized security solutions to its clients in Mansfield, OH, sets it apart from competitors and positions the company for success in this rapidly evolving industry.

 

IV. Customer Analysis

Below is a description of our target customers and their core needs.

Target Customers

Fortified Shield Security will target local residents who seek to enhance their home security systems to protect their families and properties. These customers will value personalized security assessments and the installation of advanced alarm systems and surveillance cameras. We will tailor our services to meet the specific needs of homeowners, ensuring peace of mind through vigilant monitoring and rapid response to any security breaches.

We will also focus on small to medium-sized businesses within Mansfield, OH, offering comprehensive security solutions to protect their assets and employees. Business customers will benefit from our expertise in installing and maintaining access control systems, burglar alarms, and video surveillance networks. By providing flexible, scalable security packages, we will help businesses safeguard their operations and comply with local safety regulations.

Another key customer segment will be educational institutions, including schools and colleges, that require robust security measures to ensure the safety of students and staff. Our services will include campus-wide surveillance systems, emergency response planning, and security personnel training. By creating a secure learning environment, we will support educational institutions in fostering a safe and conducive atmosphere for academic growth.

Additionally, we will target healthcare facilities such as hospitals and clinics, which have unique security needs due to the sensitive nature of their operations. Our offerings will include patient and staff safety protocols, access control to restricted areas, and the installation of state-of-the-art surveillance systems. By addressing the specific security challenges faced by healthcare providers, we will contribute to the overall safety and efficiency of these critical institutions.

Customer Needs

Fortified Shield Security meets the critical need for high-quality security services that residents and businesses in Mansfield, OH prioritize. Customers expect reliable protection around their homes and workplaces to ensure safety and peace of mind. Our comprehensive security solutions include 24/7 monitoring, rapid response teams, and state-of-the-art surveillance technology.

Businesses and residential clients benefit from our tailored security plans designed to address specific vulnerabilities. Customers seek assurance that their properties are safeguarded against theft, vandalism, and other threats. We also provide advanced access control systems and security audits to identify and mitigate risks proactively.

Another vital need we fulfill is the provision of well-trained and professional security personnel. Clients look for security teams that not only act quickly in emergencies but also present a reassuring and authoritative presence. Our staff undergo rigorous training and background checks to ensure the highest standards of service and professionalism.

Additionally, our commitment to customer service means that we are always available to discuss concerns and adjust security measures as needed. Clients value responsive and communicative security providers who can adapt to changing needs and circumstances. By delivering personalized and flexible security solutions, we enhance the overall sense of safety and satisfaction for our customers.

 

V. Competitive Analysis

Direct Competitors

Vector Security

Vector Security offers a comprehensive range of security services including home automation, video surveillance, access control, and alarm monitoring. They provide customized security solutions for both residential and commercial markets.

Their pricing varies based on the complexity and scale of the security system, typically ranging from $30 to $60 per month for basic packages. Their revenues are substantial, reflecting their large market presence.

Headquartered in Pittsburgh, PA, Vector Security serves customers across the United States with a strong presence in the Midwest, including Ohio. Their customer segments include homeowners, small to medium-sized businesses, and large enterprises.

Key strengths include their extensive network, advanced technology solutions, and strong customer service. However, their weaknesses include higher price points compared to smaller, local competitors.

Sparks Protection Services

Sparks Protection Services specializes in providing on-site security personnel, mobile patrols, and event security. They also offer consulting services for risk assessments and security planning.

Pricing for their services is generally competitive, with rates starting around $20 per hour for basic guard services. Their revenue streams are steady but not as high as larger national firms.

Based in Columbus, OH, Sparks Protection Services primarily serves the Ohio region, including Mansfield. Their primary customer segments include event organizers, private property owners, and small businesses.

Key strengths are their local expertise and personalized service. Weaknesses include limited geographic reach and reliance on a smaller workforce.

Clarktel Telecommunications

Clarktel Telecommunications offers an array of security products including surveillance cameras, access control systems, and telecommunications solutions for businesses. Their services extend to system installation, maintenance, and technical support.

Prices for their security systems vary widely, with basic setups starting from $500 and going up for more advanced configurations. Their revenue is robust, driven by a diverse product line and long-term service contracts.

Located in Akron, OH, Clarktel Telecommunications serves clients throughout Northeastern Ohio. They cater to a broad range of customer segments including educational institutions, healthcare facilities, and corporate offices.

Key strengths include their technical expertise and comprehensive service offerings. Weaknesses are their higher initial costs and a focus that may sometimes be too broad, diluting their specialization in security.

Competitive Advantages

At Fortified Shield Security, we pride ourselves on offering superior alarm monitoring and response services that set us apart from the competition. Our state-of-the-art technology ensures rapid detection and prompt action, minimizing the risk of security breaches and providing peace of mind to our clients. Unlike our competitors, we maintain a highly trained team of professionals who are dedicated to delivering swift and effective responses to any security threat. This commitment to excellence in alarm monitoring and response allows us to protect our clients’ assets more efficiently and effectively.

Additionally, we offer a comprehensive range of security services, giving our clients access to a one-stop solution for all their security needs. From video surveillance and access control to personal security and cybersecurity, we cover a broad spectrum of services that our competitors might not provide. This extensive service portfolio not only adds value but also simplifies the security management process for our clients. Our holistic approach to security ensures that our clients receive tailored solutions that address their unique challenges, further strengthening our position as the go-to security service provider in the region.

VI. Marketing Plan

Our marketing plan, included below, details our products/services, pricing and promotions plan.

Products, Services & Pricing

Fortified Shield Security offers a comprehensive range of security services designed to meet the diverse needs of its clients. These services encompass Manned Guarding, Mobile Patrols, Alarm Monitoring and Response, CCTV Surveillance, and Access Control Systems. Each service is meticulously crafted to ensure the highest level of security and peace of mind for customers.

Manned Guarding is one of the core services provided by Fortified Shield Security. Highly trained security personnel are stationed at clients’ premises to deter unauthorized access, manage emergencies, and maintain a secure environment. The average selling price for Manned Guarding services typically ranges from $25 to $35 per hour, depending on the specific requirements and complexity of the assignment.

Mobile Patrols offer a dynamic security solution for larger areas or multiple locations. Security officers conduct regular patrols in marked vehicles, providing a visible deterrent to potential intruders and ensuring rapid response to any incidents. The cost for Mobile Patrols generally falls between $20 to $30 per patrol visit, with pricing varying based on the frequency and duration of the patrols.

Alarm Monitoring and Response services are crucial for businesses and residences that require continuous monitoring of their premises. Fortified Shield Security provides 24/7 monitoring of alarm systems, ensuring immediate response to any alerts. The average price for Alarm Monitoring services is around $40 to $60 per month, while the response service may incur an additional fee of approximately $50 to $100 per response, based on the nature of the alarm and the required action.

CCTV Surveillance is another essential service offered, providing clients with real-time video monitoring and recording of their properties. This service includes the installation and maintenance of high-quality CCTV cameras, as well as remote monitoring options. The average cost for a basic CCTV Surveillance package starts at around $500, with ongoing monitoring services priced at approximately $30 to $50 per month.

Access Control Systems are designed to regulate entry to sensitive areas within a property, enhancing overall security. These systems include keycard access, biometric scanners, and other advanced technologies. The installation of Access Control Systems can range from $1,000 to $3,000, depending on the complexity and scale of the system. Monthly maintenance and support services are typically priced between $50 and $100.

Fortified Shield Security’s array of services ensures that clients receive tailored security solutions that fit their specific needs and budgets, providing them with the confidence and peace of mind that their properties are well-protected.

Promotions Plan

At Fortified Shield Security, we leverage a variety of promotional methods to attract customers in Mansfield, OH. Our online marketing strategy is robust, encompassing a user-friendly website optimized for search engines, active social media engagement, and targeted online advertisements. Through SEO and content marketing, we ensure our website ranks high on search engines, making it easy for potential customers to find us. We maintain active profiles on platforms like Facebook, LinkedIn, and Instagram to connect with our audience, share updates, and engage with the community.

In addition to our online presence, we use traditional marketing methods to reach a broader audience. We distribute professionally designed flyers and brochures in high-traffic areas and local businesses. Our partnerships with local organizations and participation in community events help us build relationships and enhance our visibility. We also run print advertisements in local newspapers and magazines to reach residents who prefer traditional media.

To build trust and credibility, we offer free security consultations and demonstrations. These allow us to showcase our expertise and the effectiveness of our services firsthand. We also encourage satisfied clients to provide testimonials and reviews, which we feature prominently on our website and social media pages. Word-of-mouth referrals are invaluable, so we incentivize current customers to refer friends and family by offering discounts or service upgrades.

Our promotional tactics extend to email marketing campaigns that keep our subscribers informed about the latest security trends, tips, and special offers. We segment our email list to deliver personalized content that addresses the specific needs and interests of different customer groups. Additionally, we attend industry trade shows and conferences to network with potential clients and stay updated on the latest security technologies and practices.

By combining these diverse promotional methods, we ensure that Fortified Shield Security remains a top choice for security services in Mansfield, OH. Our comprehensive approach helps us connect with potential customers through multiple channels, build lasting relationships, and establish a strong presence in the community.

 

VII. Operations Plan

Our Operations Plan details:

  1. The key day-to-day processes that our business performs to serve our customers
  2. The key business milestones that our company expects to accomplish as we grow

 

Key Operational Processes

To ensure the success of Fortified Shield Security, there are several key day-to-day operational processes that we will perform.

  • Conduct daily staff briefings to communicate assignments, updates, and operational changes.
  • Perform regular security patrols and site inspections to ensure client properties are secure.
  • Maintain and monitor security equipment, including CCTV cameras, alarms, and access control systems.
  • Handle incident reporting and documentation, ensuring all security breaches or suspicious activities are logged.
  • Engage in continuous client communication to address their concerns, provide updates, and ensure satisfaction.
  • Coordinate with local law enforcement and emergency services as necessary for escalated incidents.
  • Provide ongoing training and development for security personnel to enhance skills and knowledge.
  • Manage scheduling and deployment of security staff to ensure optimal coverage and response times.
  • Implement and enforce safety protocols and procedures to protect both employees and clients.
  • Review and analyze security data and metrics to identify trends and areas for improvement.
  • Ensure compliance with all local, state, and federal regulations related to security operations.
  • Maintain accurate and up-to-date records of employee certifications, training, and performance evaluations.
  • Manage inventory of security equipment and supplies, ensuring availability and functionality.
  • Conduct regular risk assessments and security audits for client sites to identify vulnerabilities.
  • Prepare and submit required reports to management and clients, including daily activity reports and incident summaries.

Milestones

Fortified Shield Security expects to complete the following milestones in the coming months in order to ensure its success:

  • Launch Security Services: Officially start offering a range of security services to clients in Mansfield, OH.
  • Obtain Necessary Licenses and Certifications: Secure all required state and local licenses and certifications to operate legally and build trust with clients.
  • Establish Key Partnerships: Form strategic alliances with local businesses, law enforcement agencies, and community organizations to enhance service offerings and credibility.
  • Hire and Train Staff: Recruit qualified security personnel and provide comprehensive training to ensure high standards of service and client safety.
  • Develop a Strong Online Presence: Create and maintain an engaging website and social media profiles to attract and inform potential clients.
  • Reach $15,000/Month in Revenue: Achieve a stable income stream by securing enough contracts to generate $15,000 in monthly revenue.
  • Implement Customer Feedback Loop: Regularly collect and act on client feedback to improve services and customer satisfaction.
  • Set Up a Reliable Communication System: Ensure robust and secure communication channels for both internal coordination and client interaction.
  • Secure Insurance Coverage: Obtain comprehensive insurance to protect the business, employees, and clients from potential liabilities.
  • Establish a Financial Management System: Implement an effective system for budgeting, accounting, and financial reporting to ensure financial health and compliance.

 

VIII. Management Team

Our management team has the experience and expertise to successfully execute on our business plan.

Management Team Members

Fortified Shield Security management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:

Charlie Garcia, CEO

Charlie Garcia has a history of success and has successfully run a security services company in the past. His extensive experience in the security industry has equipped him with a deep understanding of the market dynamics and the operational requirements necessary to ensure client safety and satisfaction. Under his leadership, Fortified Shield Security is poised to leverage his track record of excellence and innovation to deliver cutting-edge security solutions.

 

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 $11,000 $11,000 $11,000 $11,000 $11,000
Amortization $0 $0 $0 $0 $0
Interest Expense $14,900 $14,900 $14,900 $14,900 $14,900
Income Tax Expense $525,499 $587,935 $656,430 $731,531 $813,832
Net Income $975,928 $1,091,879 $1,219,085 $1,358,559 $1,511,403

Funding Requirements/Use of Funds

To accomplish our growth goals, Fortified Shield Security needs $149,000 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $20,000
Furniture $5,000
Equipment $20,000
Machines and Computers $10,000
Non Capital Investments
Working Capital $30,000
Initial Rent/Lease $2,000
Staff Salaries for the First 3 Months $45,000
Initial Marketing and Advertising $10,000
Supplies $2,000
Insurance $5,000

Financial Projections

financial projection security services business plan

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 $11,000 $11,000 $11,000 $11,000 $11,000
Amortization $0 $0 $0 $0 $0
EBIT $1,516,328 $1,694,715 $1,890,416 $2,104,991 $2,340,136
Interest Expense $14,900 $14,900 $14,900 $14,900 $14,900
PRETAX INCOME $1,501,428 $1,679,815 $1,875,516 $2,090,091 $2,325,236
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $1,501,428 $1,679,815 $1,875,516 $2,090,091 $2,325,236
Income Tax Expense $525,499 $587,935 $656,430 $731,531 $813,832
NET INCOME $975,928 $1,091,879 $1,219,085 $1,358,559 $1,511,403
Net Profit Margin (%) 31.6% 32.6% 33.6% 34.6% 35.6%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $948,290 $2,035,783 $3,248,992 $4,607,120 $5,960,928
Other Current Assets $265,375 $287,356 $311,157 $327,106 $354,200
Total Current Assets $1,213,666 $2,323,139 $3,560,150 $4,934,226 $6,315,128
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $55,000 $55,000 $55,000 $55,000 $55,000
Accum Depreciation $11,000 $22,000 $33,000 $44,000 $55,000
Net fixed assets $44,000 $33,000 $22,000 $11,000 $0
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $1,257,666 $2,356,139 $3,582,150 $4,945,226 $6,315,128
LIABILITIES & EQUITY
Current Liabilities $132,737 $139,331 $146,256 $150,773 $158,272
Debt outstanding $149,000 $149,000 $149,000 $149,000 $0
Total Liabilities $281,737 $288,331 $295,256 $299,773 $158,272
Share Capital $0 $0 $0 $0 $0
Retained earnings $975,928 $2,067,808 $3,286,893 $4,645,453 $6,156,856
Total Equity $975,928 $2,067,808 $3,286,893 $4,645,453 $6,156,856
TOTAL LIABILITIES & EQUITY $1,257,666 $2,356,139 $3,582,150 $4,945,226 $6,315,128

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $975,928 $1,091,879 $1,219,085 $1,358,559 $1,511,403
Change in Working Capital ($132,637) ($15,387) ($16,877) ($11,430) ($19,595)
Plus Depreciation $11,000 $11,000 $11,000 $11,000 $11,000
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $854,290 $1,087,492 $1,213,208 $1,358,128 $1,502,808
CASH FLOW FROM INVESTMENTS
Fixed Assets ($55,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($55,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $149,000 $0 $0 $0 ($149,000)
Net Cash Flow from Financing $149,000 $0 $0 $0 ($149,000)
Net Cash Flow $948,290 $1,087,492 $1,213,208 $1,358,128 $1,353,808
Cash at Beginning of Period $0 $948,290 $2,035,783 $3,248,992 $4,607,120
$948,290 $2,035,783 $3,248,992 $4,607,120 $5,960,928

 

Dave Lavinsky
Over the past 25 years, Dave Lavinsky, Founder of PlanPros has helped over 1 million entrepreneurs develop business plans.
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