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Staffing Agency Business Plan Template

Written by Dave Lavinsky

Staffing Agency Business Plan Template
Table of Contents
Table of Contents

Staffing Agency Business Plan

Below is our staffing agency business plan template and sample plan created using our free ai business plan generator.

I. Executive Summary

Company Overview

EliteTalent Staffing Solutions is a pioneering staffing agency located in the heart of Coachella, CA, dedicated to bridging the gap between local businesses and job seekers. Launched to fill a notable void in the Coachella business community, our agency offers a wide range of staffing solutions including Temporary Staffing, Permanent Placement, Contract-to-Hire, Executive Search and Headhunting, and Payroll Services. Our comprehensive service offering is tailored to meet the diverse needs of the local market, ensuring that businesses and individuals alike can find the staffing solutions they require without having to look elsewhere. Our deep understanding of the local job market and business ecosystem positions us as an ideal staffing partner in Coachella and the surrounding areas.

Success Factors

Our pathway to becoming a leading staffing agency in Coachella, CA, is paved with several success factors and notable accomplishments. The extensive experience of our founder in the staffing industry, combined with our commitment to offering a more comprehensive range of services than our competitors, sets us apart. Since our inception on January 4, 2024, we have achieved significant milestones, including the establishment of our brand identity and securing a prime location for our operations. These achievements, along with our holistic approach to staffing solutions, underscore our confidence in our future success and our ability to serve the Coachella business community effectively.

Industry Analysis

The Staffing Agency industry in the United States, currently valued at over $160 billion and growing at an annual rate of approximately 3%, plays a critical role in the economy by catering to the evolving workforce needs of businesses. EliteTalent Staffing Solutions enters this significant and growing market with a focus on specialized staffing services, which are increasingly in demand as companies seek highly skilled candidates for specific roles. Additionally, we are poised to leverage advancements in technology and automation, such as AI and data analytics, to streamline our operations and enhance our recruitment process, giving us a competitive edge in providing efficient and effective staffing solutions to our clients in Coachella, CA.

Customer Analysis

Our target clientele includes local businesses in key sectors such as agriculture, hospitality, and retail, which are integral to Coachella’s economy and have consistent staffing needs. Additionally, we aim to serve local residents seeking employment, including recent graduates, skilled workers, and those re-entering the workforce, by offering tailored job placements that contribute to the community’s wellbeing. Our strategy also involves collaborating with local government and community organizations to support broader workforce development initiatives, as well as offering flexible staffing solutions for businesses requiring temporary or remote staff. Our comprehensive approach ensures we meet the diverse needs of our client base, establishing us as a pivotal staffing resource in the region.

Competitive Analysis

EliteTalent Staffing Solutions faces competition from Proper Solutions, AtWork Personnel, and Career Strategies, each offering a mix of staffing services with varying strengths and weaknesses. Our competitive advantages lie in our broad service offerings, from temporary to permanent placements and specialized recruitment, backed by advanced technology for efficient hiring. Our commitment to personalized customer service, combined with our expertise in the local market and value-added services like workforce training, positions us above our competitors. By understanding the unique challenges of our clients and fostering strong relationships, we aim to become the preferred staffing agency in Coachella, CA.

Marketing Plan

EliteTalent Staffing Solutions offers a spectrum of staffing and recruitment services with competitive pricing designed to meet the diverse needs of Coachella businesses. Our marketing strategy emphasizes online marketing, including social media engagement, SEO, PPC advertising, and targeted email campaigns, to build brand awareness and attract clients and job seekers. We will also engage in local community events and job fairs, establish partnerships, and utilize content marketing to position ourselves as industry leaders. A referral program and positive online reviews will further enhance our reputation and trust among potential clients. Our comprehensive and multifaceted promotional efforts aim to secure a dominant position in the Coachella staffing industry.

Operations Plan

To ensure the success of EliteTalent Staffing Solutions, our operations plan includes maintaining regular communication with clients, efficient candidate sourcing and recruitment, and managing placement and onboarding processes. We will adhere to compliance and documentation requirements, engage in proactive marketing and business development, manage finances diligently, and leverage technology to enhance operational efficiency. Key milestones include launching our agency, achieving legal compliance, building a client base and talent pool, establishing a reliable payroll system, and reaching financial targets. Our focus on operational excellence and strategic milestones will guide us toward becoming the leading staffing agency in Coachella, CA.

Management Team

Under the leadership of CEO Emilia Roberts, EliteTalent Staffing Solutions boasts a management team with unparalleled expertise and a track record of success in the staffing industry. Emilia’s experience in running a successful staffing agency, combined with her strategic vision and focus on fostering a collaborative culture, positions us to meet the evolving needs of our clients and job seekers. Our management team’s dedication to operational excellence and business growth ensures that EliteTalent Staffing Solutions will achieve its objectives and become a leading staffing agency in the Coachella Valley.

Financial Plan

To achieve our growth objectives, EliteTalent Staffing Solutions requires $118,500 in funding. This investment will be allocated to capital investments such as location buildout and equipment, as well as non-capital investments including working capital, initial rent, staff salaries, marketing, and insurance. These financial resources will enable us to launch effectively, build our client base and talent pool, and ensure our operations are scalable and sustainable, setting the foundation for long-term success in the staffing industry.

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 $1,545,819 $1,673,860 $1,812,506 $1,962,636 $2,125,201
Direct Expenses $611,344 $642,489 $675,220 $709,620 $745,772
Gross Profit $934,475 $1,031,370 $1,137,285 $1,253,016 $1,379,429
Gross Profit (%) 60.5% 61.6% 62.7% 63.8% 64.9%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Depreciation $0 $0 $0 $0 $0
Amortization $0 $0 $0 $0 $0
Interest Expense $0 $0 $0 $0 $0
Income Tax Expense $0 $0 $0 $0 $0
Net Income $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015

 

II. Company Overview

EliteTalent Staffing Solutions is a new Staffing Agency dedicated to serving customers in Coachella, CA. As a local staffing agency, we pride ourselves on filling a significant gap in the market. Our presence means that local businesses and job seekers no longer need to rely on distant providers for their staffing needs. With no high-quality local staffing agencies in the area until now, we are poised to become a cornerstone of the Coachella business community.

At EliteTalent Staffing Solutions, our offerings are comprehensive, designed to meet a broad spectrum of staffing requirements. Our services include Temporary Staffing, to fill those short-term needs without the commitment of a full-time hire; Permanent Placement, for businesses seeking to add to their long-term team; Contract-to-Hire Staffing, offering both parties a trial period to ensure a good fit; Executive Search and Headhunting, for those senior, specialized positions requiring a particular caliber of candidate; and Payroll Services, to alleviate the administrative burden from our clients. Whatever your staffing need, we are equipped to meet it.

Located in the heart of Coachella, CA, EliteTalent Staffing Solutions is perfectly positioned to serve the local community. Our deep understanding of the local job market and business ecosystem enables us to provide tailored staffing solutions, making us an ideal partner for businesses and job seekers within Coachella and the surrounding areas.

Our unique position for success is grounded in several factors. Firstly, our founder brings invaluable experience from running a previously successful staffing agency. This experience is complemented by our commitment to offering more comprehensive workforce solutions than our competitors, addressing the diverse needs of both businesses and job seekers. Our holistic approach to staffing solutions sets us apart and underpins our confidence in our future success.

Since our founding on January 4, 2024, EliteTalent Staffing Solutions has made significant strides as a business. We are incorporated as an S Corporation, highlighting our formal commitment to professional and legal standards. To date, our accomplishments include the creation of our brand identity – from designing our logo to developing our company name – and securing a prime location for our operations. These foundational steps are just the beginning of our journey to becoming the leading staffing agency in Coachella, CA.

 

III. Industry Analysis

The Staffing Agency industry in the United States is a significant and rapidly growing sector. As of now, the industry is estimated to be worth over $160 billion, with an annual growth rate of around 3% per year. This growth is expected to continue in the coming years as businesses rely more on flexible staffing solutions to meet their workforce needs.

One of the key trends in the Staffing Agency industry is the increasing demand for specialized staffing services. Companies are looking for staffing agencies that can provide them with highly skilled and qualified candidates in specific industries or roles. This trend bodes well for EliteTalent Staffing Solutions, as a new player in the market, focusing on providing top-notch talent to businesses in Coachella, CA.

Another trend in the Staffing Agency industry is the rise of technology and automation in the recruitment process. Many staffing agencies are investing in AI and data analytics to streamline their operations and improve their candidate matching process. EliteTalent Staffing Solutions can leverage these technologies to gain a competitive edge and provide more efficient and effective staffing solutions to their clients.

 

IV. Customer Analysis

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

Target Customers

We will target local businesses in Coachella, CA, that require staffing for various industries such as agriculture, hospitality, and retail. These sectors are essential to the local economy and consistently need a reliable workforce to meet seasonal and operational demands. Our focus will be on providing qualified candidates who match the specific needs of these industries.

Additionally, we will also target local residents seeking employment opportunities. This includes recent graduates, skilled workers, and those looking to re-enter the workforce. By offering tailored job placements, we will help residents find suitable and fulfilling employment, thereby contributing to the local community.

We will also engage with local government agencies and community organizations to support workforce development initiatives. This collaboration will ensure that we are addressing the broader employment needs of the Coachella area. Our aim is to become a pivotal resource for both job seekers and employers in the region.

Furthermore, we will target remote and temporary staffing solutions for businesses needing flexible work arrangements. This will include providing temporary staff for special projects, events, or seasonal work, ensuring that businesses can adapt to fluctuating demands. Our comprehensive staffing solutions will be designed to meet the diverse needs of our client base.

Customer Needs

EliteTalent Staffing Solutions provides high-quality services to connect employers with suitable job candidates. We ensure that employers find the right talent to meet their specific needs and organizational culture. Our team is dedicated to understanding the unique requirements of each employer to facilitate successful placements.

Job seekers benefit from our comprehensive support throughout the hiring process. We offer resume building, interview preparation, and career counseling to enhance their job search experience. Our goal is to match candidates with roles that align with their skills and career aspirations.

Both parties can expect consistent communication and transparency from our services. We prioritize timely updates and feedback to keep employers and candidates informed. This approach helps in building trust and long-term relationships with our clients.

In addition to matchmaking, we provide post-placement support to ensure successful integration. Employers receive guidance on onboarding processes while candidates get assistance in adapting to their new roles. This holistic approach enhances job satisfaction and retention rates.

 

V. Competitive Analysis

Direct Competitors

EliteTalent Staffing Solutions’s competitors include the following companies:

Proper Solutions

Proper Solutions offers temporary, temp-to-perm, and direct hire staffing services. They specialize in clerical, administrative, and light industrial staffing. Their pricing varies based on the type of placement and industry standards, generally falling within mid-market rates.

Proper Solutions generates an estimated annual revenue of $2-5 million. They are located in Palm Desert, CA, serving the Coachella Valley region. Their key customer segments include small to medium-sized businesses in need of clerical and industrial staff.

Their key strengths include a strong local presence and a focus on customer service. However, they face weaknesses in limited geographical expansion and a narrower service offering compared to larger competitors.

AtWork Personnel

AtWork Personnel provides temporary, temp-to-perm, and direct hire staffing. Their specialties include healthcare, administrative, and industrial staffing services. Pricing is competitive and varies based on the specific needs of the client.

AtWork Personnel reports annual revenues of approximately $50-100 million. They operate multiple locations nationwide, including a branch in Indio, CA. They serve a broad range of customer segments, from small businesses to large enterprises.

Key strengths of AtWork Personnel include a wide geographical reach and diverse service offerings. However, they face challenges in maintaining personalized customer service due to their large size.

Career Strategies

Career Strategies offers temporary, temp-to-perm, and direct hire solutions with a focus on property management, administrative, and accounting sectors. Their pricing is tailored to client needs and industry standards, often positioned at mid to high-market rates.

Career Strategies has an estimated annual revenue of $10-20 million. They are headquartered in Los Angeles, CA, with services extending to the Coachella Valley and other parts of Southern California. Their primary customer segments include property management firms and corporate offices.

Their key strengths lie in industry specialization and strong client relationships. Weaknesses include a relatively narrow industry focus and limited presence outside Southern California.

Competitive Advantages

At EliteTalent Staffing Solutions, we pride ourselves on offering more comprehensive workforce solutions that cater to the varying needs of businesses and job seekers, setting us apart from our competition. Our extensive range of services includes temporary, permanent, and temp-to-perm placements, ensuring that we can meet any staffing requirement. We also provide specialized recruitment for niche industries, ensuring that businesses find candidates with the exact skills and experience they need. Our advanced technology platform streamlines the hiring process, making it faster and more efficient for both employers and job seekers.

In addition to our wide-ranging services, we focus heavily on personalized customer service. We take the time to understand the unique needs and challenges of each of our clients, allowing us to tailor our solutions accordingly. Our team of experienced recruiters is committed to building lasting relationships with both employers and candidates, fostering trust and reliability. We also offer value-added services such as workforce training and development programs, which help improve employee retention and productivity. By combining our comprehensive solutions with exceptional customer service and innovative technology, we position ourselves as the go-to staffing agency in Coachella.

VI. Marketing Plan

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

Products, Services & Pricing

EliteTalent Staffing Solutions offers a range of staffing and recruitment services designed to meet the diverse needs of businesses in Coachella, CA. The primary services provided include Temporary Staffing, Permanent Placement, Contract-to-Hire Staffing, Executive Search and Headhunting, and Payroll Services.

Temporary Staffing services cater to businesses that need short-term or seasonal employees. This service allows companies to manage workload fluctuations without committing to long-term hires. The average selling price for Temporary Staffing services ranges between $20 to $30 per hour, depending on the industry and job requirements.

Permanent Placement services are tailored for companies looking to fill long-term positions with qualified candidates. EliteTalent Staffing Solutions handles the entire recruitment process, from sourcing candidates to conducting interviews and background checks. The fee for Permanent Placement services is typically a percentage of the employee’s first-year salary, averaging around 15% to 20%.

Contract-to-Hire Staffing is an excellent option for businesses that want to evaluate a candidate’s performance and fit within the company before making a permanent hiring decision. This service combines the benefits of temporary staffing with the possibility of permanent employment. The pricing for Contract-to-Hire services usually starts with an hourly rate similar to that of Temporary Staffing, with an additional conversion fee if the candidate is hired permanently.

Executive Search and Headhunting services focus on filling high-level executive and specialized positions that require a more targeted approach. These services are essential for companies seeking top-tier talent for leadership roles. The cost for Executive Search and Headhunting services is generally higher, often ranging from 20% to 30% of the candidate’s first-year salary.

Payroll Services are offered to help businesses manage their payroll processing efficiently and accurately. This service ensures that employees are paid correctly and on time, and it includes handling tax withholdings, benefits administration, and compliance with labor laws. The average price for Payroll Services is typically a fee per employee per month, ranging from $20 to $50.

By providing these comprehensive staffing solutions, EliteTalent Staffing Solutions supports businesses in Coachella in finding and managing the talent they need to succeed.

Promotions Plan

We will employ a range of promotional methods and tactics to attract customers to our staffing agency in Coachella, CA. Our primary focus will be on Online Marketing, which includes leveraging social media platforms, search engine optimization (SEO), pay-per-click (PPC) advertising, and email marketing campaigns. By maintaining an active and engaging presence on social media, we will build brand awareness and connect with potential clients and job seekers.

We will also invest in SEO to ensure our website ranks highly in search engine results, making it easier for clients to find us when they search for staffing solutions in Coachella. Additionally, PPC advertising will allow us to target specific keywords and demographics, driving targeted traffic to our website.

Email marketing campaigns will be utilized to keep our clients and candidates informed about the latest job opportunities, industry news, and company updates. We will use personalized and segmented email lists to ensure our messages are relevant and engaging.

In addition to online marketing, we will participate in local events and job fairs to network with businesses and job seekers in the community. This will help us establish a strong local presence and build relationships with potential clients. We will also consider partnerships with local businesses and organizations to expand our reach and credibility.

We will employ content marketing strategies, such as publishing blog posts, case studies, and whitepapers, to demonstrate our expertise and provide valuable insights to our audience. By creating high-quality content, we will attract organic traffic to our website and position ourselves as thought leaders in the staffing industry.

Referral programs will be another key component of our promotional strategy. By incentivizing current clients and job candidates to refer others to our services, we expect to generate new business through word-of-mouth marketing.

Lastly, we will maintain a strong online reputation by encouraging satisfied clients and candidates to leave positive reviews on platforms like Google My Business and Yelp. This will help us build trust and credibility with potential clients who are researching our services online.

By implementing these promotional methods and tactics, we will effectively attract customers and establish ourselves as a leading staffing agency in Coachella, CA.

 

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 EliteTalent Staffing Solutions, there are several key day-to-day operational processes that we will perform:

  • Client Relationship Management:
    • Maintain regular communication with existing clients to understand their staffing needs.
    • Schedule and conduct meetings with potential new clients to expand our client base.
    • Provide exceptional customer service to address any client concerns or issues promptly.
  • Candidate Sourcing and Recruitment:
    • Post job openings on various job boards and social media platforms.
    • Screen resumes and applications to identify qualified candidates.
    • Conduct initial interviews and assessments to evaluate candidate suitability.
  • Placement and Onboarding:
    • Match qualified candidates with client job openings.
    • Coordinate interviews between candidates and clients.
    • Facilitate the onboarding process for new hires, including paperwork and orientation.
  • Compliance and Documentation:
    • Ensure all candidate documentation is complete and compliant with local, state, and federal regulations.
    • Maintain accurate records of client agreements and contracts.
    • Update and manage our internal database with candidate and client information.
  • Marketing and Business Development:
    • Develop and execute marketing strategies to attract new clients and candidates.
    • Participate in local networking events and industry conferences to build brand awareness.
    • Monitor market trends to adjust our service offerings accordingly.
  • Financial Management:
    • Manage accounts receivable and accounts payable to ensure timely payments.
    • Prepare and analyze financial reports to monitor business performance.
    • Develop and manage budgets to ensure financial stability and growth.
  • Technology and Systems Management:
    • Utilize Applicant Tracking Systems (ATS) to streamline the recruitment process.
    • Ensure all technology systems are up-to-date and functioning efficiently.
    • Implement new technologies to improve operational efficiency and client satisfaction.

Milestones

EliteTalent Staffing Solutions expects to complete the following milestones in the coming months in order to ensure its success:

  • Launch Our Staffing Agency: Officially open for business by establishing a physical or virtual office and announcing our services to the community.
  • Obtain Legal and Regulatory Compliance: Secure all necessary permits, licenses, and insurance required to operate a staffing agency in Coachella, CA.
  • Build a Client Base: Sign contracts with at least five local businesses to provide staffing solutions, demonstrating initial market acceptance.
  • Develop a Talent Pool: Recruit and onboard at least 50 qualified candidates to ensure a robust talent pool that meets client needs.
  • Establish a Reliable Payroll System: Implement a payroll system that ensures timely and accurate payments to placed employees, fostering trust and reliability.
  • Achieve $15,000/month in Revenue: Generate consistent monthly revenue of $15,000 within the first 12 months of operation to ensure financial viability.
  • Create a Strong Marketing Plan: Develop and execute a marketing strategy that includes online presence, community engagement, and partnerships to attract both clients and talent.
  • Implement a Client Relationship Management (CRM) System: Adopt a CRM system to efficiently manage client interactions, improve customer service, and facilitate growth.
  • Hire and Train Internal Staff: Recruit and train a core team of internal staff to manage operations, sales, and customer service effectively.
  • Conduct Regular Performance Reviews: Establish a process for regular performance reviews and feedback to continually improve service quality and client satisfaction.

 

VIII. Management Team

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

Management Team Members

EliteTalent Staffing Solutions management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:

Emilia Roberts, CEO

Emilia Roberts is a seasoned leader with a proven track record in the staffing industry. Having successfully run a staffing agency in the past, Emilia brings a wealth of experience and a strategic vision to EliteTalent Staffing Solutions. Her deep understanding of market dynamics and her ability to build strong client relationships have been instrumental in driving business growth and operational excellence. Emilia’s leadership style focuses on fostering a collaborative and innovative culture, positioning EliteTalent Staffing Solutions to meet the evolving needs of both clients and job seekers.

 

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 $1,545,819 $1,673,860 $1,812,506 $1,962,636 $2,125,201
Direct Expenses $611,344 $642,489 $675,220 $709,620 $745,772
Gross Profit $934,475 $1,031,370 $1,137,285 $1,253,016 $1,379,429
Gross Profit (%) 60.5% 61.6% 62.7% 63.8% 64.9%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Depreciation $0 $0 $0 $0 $0
Amortization $0 $0 $0 $0 $0
Interest Expense $0 $0 $0 $0 $0
Income Tax Expense $0 $0 $0 $0 $0
Net Income $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015

Funding Requirements/Use of Funds

To accomplish our growth goals, EliteTalent Staffing Solutions needs $118,500 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $50,000
Furniture $5,000
Equipment $1,000
Machines $1,000
Computers $2,000
Non Capital Investments
Working Capital $20,000
Initial Rent/Lease $2,000
Staff Salaries (first 3 months) $30,000
Initial Marketing and Advertising $5,000
Supplies $500
Insurance $2,000

Financial Projections

financial projection staffing agency business plan

5 Year Annual Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues
Revenues $1,545,819 $1,673,860 $1,812,506 $1,962,636 $2,125,201
Total Revenues $1,545,819 $1,673,860 $1,812,506 $1,962,636 $2,125,201
Direct Costs
Direct Costs $611,344 $642,489 $675,220 $709,620 $745,772
Total Direct Costs $611,344 $642,489 $675,220 $709,620 $745,772
GROSS PROFIT $934,475 $1,031,370 $1,137,285 $1,253,016 $1,379,429
GROSS PROFIT % 60.5% 61.6% 62.7% 63.8% 64.9%
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 $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Depreciation $0 $0 $0 $0 $0
Amortization $0 $0 $0 $0 $0
EBIT $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Interest Expense $0 $0 $0 $0 $0
PRETAX INCOME $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Income Tax Expense $0 $0 $0 $0 $0
NET INCOME $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Net Profit Margin (%) 54.2% 55.6% 57.1% 58.4% 59.8%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $896,890 $1,828,230 $2,862,449 $4,009,273 $5,279,288
Other Current Assets $0 $0 $0 $0 $0
Total Current Assets $896,890 $1,828,230 $2,862,449 $4,009,273 $5,279,288
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $59,000 $59,000 $59,000 $59,000 $59,000
Accum Depreciation $0 $0 $0 $0 $0
Net fixed assets $59,000 $59,000 $59,000 $59,000 $59,000
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $955,890 $1,887,230 $2,921,449 $4,068,273 $5,338,288
LIABILITIES & EQUITY
Current Liabilities $0 $0 $0 $0 $0
Debt outstanding $118,500 $118,500 $118,500 $118,500 $118,500
Total Liabilities $118,500 $118,500 $118,500 $118,500 $118,500
Share Capital $0 $0 $0 $0 $0
Retained earnings $837,390 $1,768,730 $2,802,949 $3,949,773 $5,219,788
Total Equity $837,390 $1,768,730 $2,802,949 $3,949,773 $5,219,788
TOTAL LIABILITIES & EQUITY $955,890 $1,887,230 $2,921,449 $4,068,273 $5,338,288

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
Change in Working Capital $0 $0 $0 $0 $0
Plus Depreciation $0 $0 $0 $0 $0
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $837,390 $931,340 $1,034,219 $1,146,823 $1,270,015
CASH FLOW FROM INVESTMENTS
Fixed Assets ($59,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($59,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $118,500 $0 $0 $0 $0
Net Cash Flow from Financing $118,500 $0 $0 $0 $0
Net Cash Flow $896,890 $931,340 $1,034,219 $1,146,823 $1,270,015
Cash at Beginning of Period $0 $896,890 $1,828,230 $2,862,449 $4,009,273
$896,890 $1,828,230 $2,862,449 $4,009,273 $5,279,288

 

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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