Stained Glass Business Plan
Below is our stained glass business plan template and sample plan created using what we consider the best ai business plan generator.
I. Executive Summary
Company Overview
Artisan Light Stained Glass, located in the heart of the community, specializes in creating, restoring, and selling unique stained glass artworks. Our portfolio includes a wide range of custom-designed stained glass pieces, from windows to decorative items, catering to both residential and commercial clients. We pride ourselves on combining traditional techniques with modern designs to produce pieces that enhance any space. Our commitment to quality and attention to detail sets us apart in the stained glass industry, making us a go-to destination for anyone looking to add a touch of elegance and color to their environment.
Success Factors
Our success hinges on our deep understanding of stained glass craft, a strong local market presence, and a diverse product range that meets the aesthetic and practical needs of our customers. We have achieved significant milestones, including the establishment of a loyal customer base and the development of a robust portfolio showcasing our craftsmanship and versatility. Our ability to deliver custom solutions on time and within budget further strengthens our position in the market, making us a preferred choice for stained glass art and restoration projects.
Industry Analysis
The stained glass industry is experiencing a resurgence, with increasing demand for both traditional and contemporary designs. This revival is driven by a growing appreciation for artisanal and custom-made home decor among millennials and baby boomers alike. The trend towards personalization and the desire for unique interior design elements present significant opportunities for businesses specializing in custom stained glass creations. Additionally, the industry’s move towards sustainable and eco-friendly practices is opening new avenues for innovation and growth, further solidifying the market’s potential for expansion.
Customer Analysis
Our target customers encompass a broad range of individuals and organizations seeking bespoke stained glass solutions. This includes homeowners looking to enhance their living spaces with unique decorative pieces, businesses aiming to create distinctive environments through customized installations, and restoration clients focused on preserving the historical integrity of their properties. Our approach to understanding and meeting the specific needs and preferences of each segment has been instrumental in building a strong and loyal customer base, driven by word-of-mouth referrals and repeat business.
Competitive Analysis
- The Glass Guru of Port Saint Lucie: Offers a wide range of glass services with a focus on restoration and custom designs. Known for extensive experience but higher prices may deter some clients.
- Glass Doctor of Port St. Lucie: Specializes in repair and replacement, with competitive pricing. Strong brand reputation, though less emphasis on custom art projects.
- Art Connection of Fort Pierce: Focuses on high-quality, custom stained glass art. Artistic expertise and personalized service are strengths, though higher prices may limit their market.
Our competitive advantages lie in our ability to blend traditional craftsmanship with modern aesthetics, our dedication to customer satisfaction, and our strategic location that enables us to serve a wide and diverse client base.
Marketing Plan
Our products and services span from custom stained glass design and creation to restoration and repair services, catering to both residential and commercial markets. Pricing strategy is competitive, reflecting the quality and uniqueness of our work while remaining accessible to a broad customer base. Our promotions plan focuses on leveraging social media, local art and craft fairs, and partnerships with local businesses to increase visibility and engage directly with potential customers. Targeted advertising campaigns and SEO strategies aim to enhance our online presence, drawing more traffic to our website and converting visitors into clients.
Operations Plan
Key operational processes include the design and creation of stained glass pieces, customer consultation and project management, and the restoration of historical stained glass works. Our milestones include expanding our studio space to accommodate larger projects, investing in new technology to enhance design capabilities, and developing a series of workshops and classes to engage with the community and promote the art of stained glass making.
Management Team
Under the leadership of Weston Flores, our management team brings extensive experience and a proven track record in the stained glass industry. Weston’s expertise and vision are instrumental in guiding Artisan Light Stained Glass towards growth and innovation, ensuring that we not only meet but exceed the evolving needs and expectations of our market.
Financial Plan
Artisan Light Stained Glass is seeking strategic investment to fuel our growth objectives. These funds will be allocated towards expanding our studio and showroom, enhancing our marketing efforts to reach a broader audience, and investing in new technology and equipment to increase production efficiency and expand our product offerings. Our financial plan is designed to ensure sustainable growth and profitability, positioning us as a leader in the stained glass 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 | $3,246,221 | $3,515,106 | $3,806,263 | $4,121,536 | $4,462,924 |
Direct Expenses | $1,558,927 | $1,638,347 | $1,721,813 | $1,809,531 | $1,901,719 |
Gross Profit | $1,687,293 | $1,876,758 | $2,084,449 | $2,312,004 | $2,561,204 |
Gross Profit (%) | 52% | 53.4% | 54.8% | 56.1% | 57.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,590,208 | $1,776,727 | $1,981,383 | $2,205,811 | $2,451,790 |
Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $39,400 | $39,400 | $39,400 | $39,400 | $39,400 |
Income Tax Expense | $524,932 | $590,214 | $661,844 | $740,394 | $826,486 |
Net Income | $974,875 | $1,096,113 | $1,229,139 | $1,375,017 | $1,534,903 |
II. Company Overview
Artisan Light Stained Glass is a fresh and vibrant stained glass business serving the community of Fort Pierce, FL. As a local venture, we’ve noticed a gap in the market for high-quality stained glass services and are here to fill it. Our dedication to craftsmanship and beauty in the art of stained glass sets us apart and drives our mission to enhance the spaces of our clients with light and color.
Our offerings are comprehensive and designed to meet a wide range of needs and preferences. We specialize in custom stained glass windows that can transform any room into a radiant space filled with colors. For those looking for smaller yet equally stunning options, our stained glass panels and suncatchers are perfect. We also provide stained glass supplies and kits for DIY enthusiasts who wish to create their own masterpieces. Moreover, our stained glass lamps and lampshades add a touch of elegance to any decor, and our stained glass doors and inserts are ideal for anyone looking to make a bold statement in their home or office. At Artisan Light Stained Glass, we pride ourselves on our ability to bring your vision to life through our expert craftsmanship and innovative designs.
Located in the heart of Fort Pierce, FL, Artisan Light Stained Glass is perfectly positioned to serve the local community with our exquisite stained glass creations. Our presence in Fort Pierce allows us to maintain a close relationship with our customers, ensuring that we can provide personalized service and respond promptly to all requests.
Our confidence in our success is grounded in several key factors. Firstly, our founder brings valuable experience from previously running a successful stained glass business, ensuring that we have the knowledge and expertise to thrive. Additionally, our focus on showcasing the dual artistry and functionality of stained glass allows us to cater to a wide range of customer needs, from decorative pieces to practical applications. This unique blend of skills and focus makes us a standout choice for anyone looking for stained glass services.
Since our establishment on January 5, 2024, as a C Corporation, we have hit several important milestones. We’ve developed a distinctive logo that represents our brand’s values and aesthetic. Our company name, Artisan Light Stained Glass, was carefully chosen to reflect our commitment to quality and craftsmanship. Furthermore, we’ve secured a fantastic location that allows us to reach and serve our customers effectively. These achievements mark just the beginning of our journey, and we are excited about the future possibilities.
III. Industry Analysis
The Stained Glass industry in the United States is a thriving market with a current size of approximately $300 million. This industry encompasses a wide range of products and services, including stained glass windows, lamps, and custom designs for residential and commercial buildings. With an expected market growth rate of 3-4% annually, the Stained Glass industry is projected to continue expanding in the coming years.
One of the key trends in the Stained Glass industry is the growing demand for custom and artisanal products. Consumers are increasingly seeking unique and personalized designs for their homes and businesses, driving the need for skilled artisans like Artisan Light Stained Glass. As a new player in the market, Artisan Light Stained Glass is well-positioned to capitalize on this trend and attract customers in Fort Pierce, FL, and beyond.
Additionally, the Stained Glass industry is benefiting from increased interest in sustainable and eco-friendly products. Artisan Light Stained Glass can leverage this trend by offering energy-efficient stained glass solutions that appeal to environmentally-conscious consumers. By staying ahead of industry trends and providing high-quality, environmentally-friendly products, Artisan Light Stained Glass has the opportunity to carve out a successful niche in the market.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
Our primary target customers will be local residents who are looking to enhance their homes with unique and artistic stained glass pieces. We will focus on homeowners interested in custom stained glass windows, doors, and decorative accents that add a personalized touch to their living spaces. These customers will value craftsmanship, quality, and the aesthetic appeal that custom stained glass can provide to their homes. We will also target local businesses and institutions seeking to incorporate stained glass into their establishments. Restaurants, hotels, churches, and other commercial entities will benefit from our bespoke stained glass solutions to create a distinctive ambiance and elevate their interior or exterior design.
By offering tailored services, we will meet the specific needs of these commercial clients, ensuring their spaces stand out. Additionally, we will engage with interior designers and architects who are looking for unique elements to incorporate into their projects. By partnering with these professionals, we will expand our reach to clients who are planning renovations or new constructions and want to include stained glass as a key feature. This collaboration will help us tap into a broader market and establish our brand within the design community. We will also cater to art enthusiasts and collectors who appreciate the artistry and craftsmanship involved in creating stained glass. These customers will be interested in acquiring original pieces for their collections or as statement art for their homes and offices. Our focus on quality and originality will attract this discerning clientele, who will value the uniqueness and artistic merit of our work.
Customer Needs
Artisan Light Stained Glass provides high-quality stained glass products to residents desiring intricate and unique designs. Customers expect durable and long-lasting materials that enhance the aesthetic appeal of their homes or businesses. Our products cater to both functional and decorative needs, offering custom designs that reflect individual tastes and preferences.
We understand the importance of timely delivery and installation, ensuring that our customers experience minimal disruption during the process. Professional consultations help clients make informed decisions, ensuring their vision is fully realized. Additionally, our after-sales support addresses any concerns or maintenance needs, fostering long-term customer satisfaction.
Customers seek innovative designs that incorporate modern trends while preserving traditional craftsmanship. Our commitment to exceptional artistry ensures each piece is a unique masterpiece, adding value and character to any space. By focusing on personalized service, we create a seamless and enjoyable experience for our clients.
Eco-friendly practices and sustainable materials are increasingly important to our clientele. We prioritize environmentally responsible sourcing and production methods, meeting the growing demand for green products. Through community engagement and educational workshops, we also empower our customers to appreciate and maintain their stained glass art.
V. Competitive Analysis
Direct Competitors
Artisan Light Stained Glass’s competitors include the following companies:
The Glass Guru of Port Saint Lucie
The Glass Guru of Port Saint Lucie offers a wide range of glass-related services, including stained glass restoration, window repair, custom glass designs, and installation services. They cater to both residential and commercial clients.
Their price points vary depending on the complexity of the project, typically ranging from moderate to high. Their annual revenues are estimated to be in the mid-six figures. They are located in Port Saint Lucie, FL, and serve the surrounding areas.
Customer segments include homeowners, businesses, and historical building owners. Their key strengths lie in their extensive experience and comprehensive service offerings. However, their prices can be a weakness for budget-conscious clients.
Glass Doctor of Port St. Lucie
Glass Doctor of Port St. Lucie specializes in glass repair and replacement services, including auto glass, home windows, and commercial glass solutions. They also provide custom glass services, such as shower enclosures and decorative glass.
Their pricing is competitive, with services generally falling in the mid-range. Annual revenues are in the high six figures. Their primary location is in Port St. Lucie, FL, and they serve a broad geographic area, including Fort Pierce and nearby communities.
Their customer segments include vehicle owners, homeowners, and businesses. Strengths include a strong brand reputation and a wide array of services. Weaknesses might include a focus on repair and replacement rather than custom artistic projects.
Art Connection of Fort Pierce
Art Connection of Fort Pierce offers custom stained glass creations, art pieces, and restoration services. They focus on high-quality, unique designs tailored to individual customer needs. They also provide art classes and workshops.
Prices are on the higher end due to the custom nature of their work. Their annual revenues are estimated to be in the mid-six figures. The business is located in Fort Pierce, FL, and primarily serves the local community.
Customer segments include art enthusiasts, homeowners looking for unique decor, and institutions requiring custom glass art. Key strengths are their artistic expertise and personalized service. A potential weakness is their higher price points, which may limit their customer base.
Competitive Advantages
At Artisan Light Stained Glass, we capitalize on the unique blend of artistry and functionality, ensuring our stained glass pieces are both decorative and practical. Our team of skilled artisans meticulously crafts each piece, allowing us to produce stunning, one-of-a-kind designs that stand out in the market. This artistic flair not only enhances the aesthetic appeal of homes and businesses but also integrates seamlessly into various architectural styles, providing a versatile solution for our clients. By focusing on both the beauty and utility of stained glass, we cater to a broader range of customer needs, from elegant home decor to functional installations like privacy windows and room dividers.
We also prioritize customer experience, setting us apart from competitors. Our commitment to personalized service means that we work closely with clients to understand their vision and transform it into a tangible masterpiece. This bespoke approach ensures that each project reflects the client’s unique taste and requirements, fostering strong customer loyalty and positive word-of-mouth referrals. Additionally, our use of high-quality materials ensures durability and longevity, providing our clients with a valuable investment. Our strategic location in Fort Pierce, FL, allows us to serve a growing market with an appreciation for artisanal craftsmanship, further solidifying our competitive edge. By combining exceptional artistry, functional versatility, and outstanding customer service, Artisan Light Stained Glass positions itself as a leader in the stained glass industry.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
Artisan Light Stained Glass offers a diverse range of products and services tailored to meet the needs of enthusiasts and collectors alike. Custom Stained Glass Windows are a standout offering, allowing customers to bring unique, personalized designs to life. These windows can range from $500 to $2,500, depending on the complexity and size of the design.
In addition to custom windows, Artisan Light Stained Glass provides Stained Glass Panels and Suncatchers. These decorative pieces are perfect for adding a touch of elegance to any space. Prices for these items generally fall between $50 and $300, making them accessible to a wide range of budgets.
Artisan Light Stained Glass also caters to DIY enthusiasts by offering Stained Glass Supplies and Kits. These kits contain everything needed to create beautiful stained glass art, from glass pieces to soldering equipment. Prices for these kits and supplies can range from $25 to $150, depending on the complexity and contents of the kit.
For those looking to add a unique and artistic touch to their lighting, Stained Glass Lamps and Lampshades are available. These items combine functionality with beauty, making them a popular choice for home decor. Prices for lamps and lampshades typically range from $100 to $600, reflecting the intricate craftsmanship involved.
Lastly, Artisan Light Stained Glass offers Stained Glass Doors and Inserts, perfect for enhancing the aesthetic appeal of any entryway. These products can be customized to fit specific design preferences and are priced between $1,000 and $4,000, depending on the size and intricacy of the design.
Promotions Plan
At Artisan Light Stained Glass, we employ a comprehensive range of promotional methods to attract and retain customers. Our online marketing strategy includes a dynamic website showcasing our portfolio, services, and customer testimonials. We optimize our website for search engines to ensure high visibility when potential customers search for stained glass services in Fort Pierce, FL. Additionally, we actively manage our presence on social media platforms such as Facebook, Instagram, and Pinterest to engage with our audience, share our latest projects, and promote special offers.
Email marketing is another key component of our promotional efforts. We build and maintain an email list to send out newsletters, updates, and exclusive discounts to our subscribers. This helps keep our customers informed and engaged with our brand. We also leverage online advertising through Google Ads and social media ads to target specific demographics and drive traffic to our website.
Complementing our online efforts, we participate in local events and craft fairs to showcase our work and connect with the community. This face-to-face interaction allows potential customers to see the quality of our craftsmanship up close and ask questions directly. We also establish partnerships with local businesses and interior designers to cross-promote our services and reach a wider audience.
Public relations play a vital role in our promotional strategy. We reach out to local media outlets to feature our business in articles, interviews, and press releases. Positive media coverage helps build our brand’s credibility and attracts new customers. Additionally, we encourage satisfied customers to leave reviews on platforms like Google My Business and Yelp, which boosts our online reputation and influences potential buyers.
Finally, we offer loyalty programs and referral incentives to reward our existing customers for their continued support and for bringing new clients to us. This not only fosters customer loyalty but also helps expand our client base through word-of-mouth marketing.
By integrating these promotional methods, we ensure that Artisan Light Stained Glass remains top-of-mind for customers seeking high-quality stained glass services in Fort Pierce, FL.
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 Artisan Light Stained Glass, there are several key day-to-day operational processes that we will perform:
- Customer Consultations: Regularly meet with clients to understand their needs, preferences, and project requirements.
- Design and Planning: Develop detailed design plans and sketches based on customer input and artistic vision.
- Material Sourcing: Source high-quality glass and other materials from reliable suppliers to ensure the best results.
- Glass Cutting and Assembly: Cut and assemble stained glass pieces with precision and care, ensuring high craftsmanship standards.
- Quality Control: Perform rigorous quality checks at various stages of the production process to maintain high standards.
- Installation: Schedule and perform professional installation of stained glass pieces at customer locations.
- Customer Service: Provide excellent customer service, addressing inquiries, and resolving any issues promptly.
- Marketing and Sales: Promote the business through various channels including social media, local advertising, and partnerships with local businesses.
- Inventory Management: Keep track of materials and supplies, ensuring adequate stock levels to meet project demands.
- Financial Management: Handle billing, invoicing, and financial record-keeping to ensure smooth business operations.
- Training and Development: Continually train staff and stay updated on new techniques and trends in the stained glass industry.
- Health and Safety: Adhere to safety regulations and ensure a safe working environment for all employees.
- Community Engagement: Engage with the local community through workshops, exhibitions, and collaborations to build a strong local presence.
Milestones
Artisan Light Stained Glass expects to complete the following milestones in the coming months in order to ensure its success:
- Secure Funding: Obtain initial investment or loans to cover startup costs, including materials, equipment, and initial marketing expenses.
- Find and Set Up a Studio: Lease and set up a workshop/studio space in Fort Pierce, FL, complete with necessary tools and equipment for stained glass production.
- Obtain Permits and Licenses: Ensure all required local, state, and federal permits and licenses are obtained to legally operate the business.
- Build a Portfolio: Create a diverse portfolio showcasing various stained glass designs and custom projects to attract potential customers and build credibility.
- Launch Marketing Campaign: Develop and implement a comprehensive marketing strategy, including online presence through a website and social media, as well as local advertising to generate initial interest and sales.
- Launch the Stained Glass Business: Officially open Artisan Light Stained Glass, offering services and products to the public.
- Establish Supplier Relationships: Secure reliable suppliers for high-quality glass and materials, ensuring consistency in production and pricing.
- Customer Feedback Loop: Implement a system for collecting and analyzing customer feedback to continuously improve products and services.
- Reach $15,000/month in Revenue: Achieve a steady revenue stream of $15,000 per month through consistent sales and repeat business.
- Expand Product Line: Diversify offerings by introducing new designs, custom options, and possibly related products (e.g., stained glass repair services) to attract a broader customer base.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
Artisan Light Stained Glass management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Weston Flores, President
Weston Flores has a history of success and has successfully run a stained glass business in the past. With a rich background in the stained glass industry, Weston brings invaluable experience and a proven track record of business acumen to Artisan Light Stained Glass. His leadership and vision are instrumental in steering the company towards growth and innovation, ensuring that the business not only meets but exceeds market demands.
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 | $3,246,221 | $3,515,106 | $3,806,263 | $4,121,536 | $4,462,924 |
Direct Expenses | $1,558,927 | $1,638,347 | $1,721,813 | $1,809,531 | $1,901,719 |
Gross Profit | $1,687,293 | $1,876,758 | $2,084,449 | $2,312,004 | $2,561,204 |
Gross Profit (%) | 52% | 53.4% | 54.8% | 56.1% | 57.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,590,208 | $1,776,727 | $1,981,383 | $2,205,811 | $2,451,790 |
Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $39,400 | $39,400 | $39,400 | $39,400 | $39,400 |
Income Tax Expense | $524,932 | $590,214 | $661,844 | $740,394 | $826,486 |
Net Income | $974,875 | $1,096,113 | $1,229,139 | $1,375,017 | $1,534,903 |
Funding Requirements/Use of Funds
To accomplish our growth goals, Artisan Light Stained Glass needs $394,000 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Location Buildout | $100,000 |
Furniture | $20,000 |
Equipment | $50,000 |
Machines | $75,000 |
Computers | $10,000 |
Non Capital Investments | |
---|---|
Working Capital | $50,000 |
Initial Rent/Lease | $15,000 |
Staff Salaries (First 3 Months) | $45,000 |
Initial Marketing and Advertising | $20,000 |
Supplies | $5,000 |
Insurance | $4,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $3,246,221 | $3,515,106 | $3,806,263 | $4,121,536 | $4,462,924 | |
Total Revenues | $3,246,221 | $3,515,106 | $3,806,263 | $4,121,536 | $4,462,924 | |
Direct Costs | ||||||
Direct Costs | $1,558,927 | $1,638,347 | $1,721,813 | $1,809,531 | $1,901,719 | |
Total Direct Costs | $1,558,927 | $1,638,347 | $1,721,813 | $1,809,531 | $1,901,719 | |
GROSS PROFIT | $1,687,293 | $1,876,758 | $2,084,449 | $2,312,004 | $2,561,204 | |
GROSS PROFIT % | 52% | 53.4% | 54.8% | 56.1% | 57.4% | |
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 | $1,590,208 | $1,776,727 | $1,981,383 | $2,205,811 | $2,451,790 | |
Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,539,208 | $1,725,727 | $1,930,383 | $2,154,811 | $2,400,790 | |
Interest Expense | $39,400 | $39,400 | $39,400 | $39,400 | $39,400 | |
PRETAX INCOME | $1,499,808 | $1,686,327 | $1,890,983 | $2,115,411 | $2,361,390 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,499,808 | $1,686,327 | $1,890,983 | $2,115,411 | $2,361,390 | |
Income Tax Expense | $524,932 | $590,214 | $661,844 | $740,394 | $826,486 | |
NET INCOME | $974,875 | $1,096,113 | $1,229,139 | $1,375,017 | $1,534,903 | |
Net Profit Margin (%) | 30% | 31.2% | 32.3% | 33.4% | 34.4% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $1,026,754 | $2,157,777 | $3,420,266 | $4,834,328 | $6,005,733 | |
Other Current Assets | $278,643 | $301,724 | $326,715 | $343,461 | $371,910 | |
Total Current Assets | $1,305,398 | $2,459,501 | $3,746,982 | $5,177,789 | $6,377,644 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $255,000 | $255,000 | $255,000 | $255,000 | $255,000 | |
Accum Depreciation | $51,000 | $102,000 | $153,000 | $204,000 | $255,000 | |
Net fixed assets | $204,000 | $153,000 | $102,000 | $51,000 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,509,398 | $2,612,501 | $3,848,982 | $5,228,789 | $6,377,644 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $140,522 | $147,513 | $154,854 | $159,643 | $167,594 | |
Debt outstanding | $394,000 | $394,000 | $394,000 | $394,000 | $0 | |
Total Liabilities | $534,522 | $541,513 | $548,854 | $553,643 | $167,594 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $974,875 | $2,070,988 | $3,300,128 | $4,675,145 | $6,210,049 | |
Total Equity | $974,875 | $2,070,988 | $3,300,128 | $4,675,145 | $6,210,049 | |
TOTAL LIABILITIES & EQUITY | $1,509,398 | $2,612,501 | $3,848,982 | $5,228,789 | $6,377,644 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $974,875 | $1,096,113 | $1,229,139 | $1,375,017 | $1,534,903 | |
Change in Working Capital | ($138,121) | ($16,089) | ($17,650) | ($11,956) | ($20,498) | |
Plus Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $887,754 | $1,131,023 | $1,262,489 | $1,414,061 | $1,565,405 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($255,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($255,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $394,000 | $0 | $0 | $0 | ($394,000) | |
Net Cash Flow from Financing | $394,000 | $0 | $0 | $0 | ($394,000) | |
Net Cash Flow | $1,026,754 | $1,131,023 | $1,262,489 | $1,414,061 | $1,171,405 | |
Cash at Beginning of Period | $0 | $1,026,754 | $2,157,777 | $3,420,266 | $4,834,328 | |
$1,026,754 | $2,157,777 | $3,420,266 | $4,834,328 | $6,005,733 |