If you’re looking to create a counseling private practice business plan, you’ve come to the right place!
Over the past 25 years, the PlanPros team has helped over 1 million entrepreneurs and business owners write business plans….and many of them have started and grown successful counseling private practice businesses. Below is an example of a business plan for a counseling private practice business.
Counseling Private Practice Business Plan Example
Below is our counseling private practice business plan template and sample plan created using our ai business plan generator:
I. Executive Summary
Company Overview
At InsightCove Therapy, we are a new Counseling Private Practice located in Savannah, GA, dedicated to filling the noticeable gap in high-quality local counseling services. Our mission is to offer exceptional mental health support, tailored to the unique needs of our community members. We provide a diverse range of services including individual therapy, couples and family therapy, group therapy, as well as hosting workshops and seminars for continuous learning. Additionally, our assessment and evaluation services ensure personalized and effective treatment plans for our clients. Our commitment lies in making a positive impact and enhancing the well-being of those we serve in the Savannah community.
Success Factors
Our success is driven by our founder’s prior experience in running a successful counseling practice, which ensures a strategic approach to service delivery and a focus on superior service quality. Since our inception on January 6, 2024, we have established a unique visual identity, selected an ideal location for accessibility, and committed ourselves as an S Corporation to uphold the highest standards of professionalism. These accomplishments underscore our dedication to becoming a leader in mental health services in Savannah, GA, by providing insightful support and effective coping strategies for our clients.
Industry Analysis
The counseling and mental health services industry is experiencing significant growth due to increasing awareness and destigmatization of mental health issues. This trend is further accelerated by the expansion of virtual therapy options, making services more accessible to a wider audience. The demand for personalized and specialized mental health services is on the rise, with an emphasis on quality care and comprehensive support systems. InsightCove Therapy is positioned within this evolving landscape to meet the growing needs of our community with a broad spectrum of high-quality counseling services.
Customer Analysis
Our target customers encompass individuals seeking personal growth and improved mental well-being, couples and families looking to heal and understand one another better, and groups who benefit from shared experiences and support. We also cater to individuals requiring professional assessments and tailored treatment plans. Our services are designed to meet the diverse needs of the Savannah community, providing valuable support and resources to enhance the overall mental health and well-being of our clients.
Competitive Analysis
Direct competitors include other local counseling services and online therapy platforms. However, InsightCove Therapy distinguishes itself through our commitment to quality, personalized care, and our comprehensive range of services. Our competitive advantage lies in our founder’s extensive experience, our strategic location, and our dedication to creating a supportive and healing environment for our clients.
Marketing Plan
Our marketing strategy emphasizes the diversity and quality of our services, including individual, couples, family, and group therapy sessions, along with workshops and seminars. Pricing is strategically set to be competitive while reflecting the high value of our personalized services. Our promotions plan focuses on leveraging local community networks, social media platforms, and partnerships with local organizations to increase visibility and attract a broad client base. Special attention is given to showcasing our unique approach and the benefits of choosing InsightCove Therapy for mental health support.
Operations Plan
The key operational processes at InsightCove Therapy include client intake and assessment, personalized treatment planning, and continuous support through various therapy modalities. We are committed to achieving significant milestones such as expanding our service offerings, increasing our client base, and continuously improving our operational efficiency to enhance the quality of care provided to our clients.
Management Team
Our management team is comprised of seasoned professionals with extensive experience in counseling, healthcare administration, and business management. This diverse expertise ensures effective leadership and the successful implementation of our business strategy, driving InsightCove Therapy towards achieving its mission of providing superior mental health support services.
Financial Plan
InsightCove Therapy requires significant funding to achieve our growth goals. This investment will be directed towards expanding our service offerings, enhancing our facility, and implementing effective marketing strategies to increase our reach and impact within the Savannah community. Our financial plan is designed to ensure sustainable growth and the long-term success of our practice.
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 | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 |
Direct Expenses | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 |
Gross Profit | $1,496,557 | $1,655,604 | $1,829,612 | $2,019,912 | $2,227,949 |
Gross Profit (%) | 57.6% | 58.9% | 60.1% | 61.3% | 62.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,399,472 | $1,555,573 | $1,726,546 | $1,913,719 | $2,118,534 |
Depreciation | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $9,050 | $9,050 | $9,050 | $9,050 | $9,050 |
Income Tax Expense | $484,687 | $539,323 | $599,163 | $664,674 | $736,359 |
Net Income | $900,134 | $1,001,600 | $1,112,732 | $1,234,395 | $1,367,525 |
II. Company Overview
InsightCove Therapy is a new Counseling Private Practice serving customers in Savannah, GA. As a local counseling private practice, we take pride in stepping into a space where high-quality local counseling services have been notably absent. Our mission is to fill this void by providing exceptional mental health support tailored to the individual needs of our community members.
Our array of services is designed to cater to a wide range of needs. We offer individual therapy sessions aimed at providing personalized care and attention. For those facing challenges in their relationships, our couples and family therapy sessions offer a space for healing and understanding. Additionally, we provide group therapy options, creating a supportive environment for individuals to share and learn from each other’s experiences. Recognizing the importance of continuous learning and development in the field of mental health, we also host workshops and seminars aimed at both our clients and the wider community. Lastly, our assessment and evaluation services ensure that each client receives the most appropriate and effective treatment plan, tailored to their specific situation.
Based in Savannah, GA, InsightCove Therapy is dedicated to serving the local community. Our commitment to providing high-quality, accessible mental health services is at the core of what we do, and we strive to make a positive impact in the lives of those we serve.
InsightCove Therapy is uniquely qualified to succeed for several reasons. Firstly, our founder brings valuable experience from successfully running a previous counseling private practice. This experience underpins our strategic approach and service delivery, ensuring we offer unparalleled support to our clients. Moreover, our emphasis on providing superior services positions us as a leader in addressing mental health concerns. Through professional guidance and support, we help our clients develop effective coping strategies and work towards improving their overall well-being, setting us apart from the competition.
Since our founding on January 6, 2024, InsightCove Therapy has achieved significant milestones. We have established our visual identity by designing a unique logo that reflects our values and mission. Additionally, we developed our company name, which resonates with our goal of providing insightful support to our clients. Finding an ideal location was another critical step, ensuring that our services are accessible to those in need in Savannah, GA. As a S Corporation, we are committed to maintaining the highest standards of professionalism and integrity in all aspects of our operations.
III. Industry Analysis
The Counseling Private Practice industry in the United States is a thriving market, with an estimated size of $5 billion as of 2021. This industry includes a wide range of mental health professionals, such as psychologists, social workers, and licensed professional counselors, who provide therapy services to individuals, couples, and families.
Market research indicates that the Counseling Private Practice industry is expected to experience steady growth in the coming years, with a projected annual growth rate of 3.5%. This growth is driven by an increasing awareness of mental health issues and the growing acceptance of therapy as a valuable tool for improving overall well-being.
InsightCove Therapy, as a new Counseling Private Practice serving customers in Savannah, GA, is well-positioned to take advantage of the positive trends in the industry. With a focus on providing quality, personalized therapy services to clients, InsightCove Therapy can tap into the growing demand for mental health support and establish itself as a trusted provider in the local market.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
We will target local residents of Savannah, GA, who are seeking mental health support and counseling services. This demographic includes individuals, couples, and families facing various life challenges and mental health issues. Our services will cater to people of all age groups, including children, teenagers, adults, and seniors.
Additionally, we will tailor our services to military personnel and veterans, acknowledging Savannah’s proximity to military bases and a significant veteran population. We will offer specialized counseling for PTSD, anxiety, and other issues commonly faced by this group. Our practice will also extend support to first responders, recognizing their unique mental health needs.
We will also target college students from local institutions like Savannah State University and the Savannah College of Art and Design. These students often face stress, anxiety, and other mental health challenges related to academic pressure and life transitions. Our services will include individual therapy, group sessions, and workshops tailored to their needs.
Furthermore, we will serve professionals and corporate employees in Savannah, offering workplace stress management and career counseling services. This includes providing support for work-life balance, burnout, and career development. By addressing these specific needs, we will ensure comprehensive mental health support for the diverse community of Savannah.
Customer Needs
InsightCove Therapy addresses the critical need for high-quality mental health services, ensuring that clients receive personalized and effective treatment plans. Clients can expect a comfortable and confidential environment that promotes healing and personal growth. The practice focuses on a wide range of mental health issues, from anxiety and depression to relationship problems and stress management.
Individuals seeking support for their mental well-being can find a variety of therapeutic approaches tailored to their unique needs. The practice emphasizes evidence-based therapies, ensuring that clients benefit from the most current and effective treatment modalities. Additionally, the practice offers flexible scheduling, making it easier for clients to integrate therapy into their busy lives.
Clients also have access to a team of compassionate and highly trained therapists who are committed to fostering a supportive and non-judgmental space. Understanding that each client’s journey is unique, therapists collaborate closely with clients to set realistic goals and track progress. Continuous professional development among the staff ensures that clients receive the highest standard of care.
Moreover, the practice addresses the growing demand for virtual therapy sessions, providing convenience for clients who prefer remote consultations. This flexibility helps bridge the gap for those who may face barriers to in-person therapy, such as geographical limitations or time constraints. Overall, InsightCove Therapy aims to enhance the mental health and well-being of its clients through comprehensive, accessible, and compassionate care.
V. Competitive Analysis
Direct Competitors
InsightCove Therapy’s competitors include the following companies:
Melanie Mills LPC, CACII, ATR-BC
Melanie Mills offers a variety of services including individual therapy, couples counseling, and art therapy. Her pricing ranges from $100 to $150 per session. Revenue details are not publicly disclosed. She operates from a single location in Savannah, GA, primarily serving the local community. Her customer segments include individuals, couples, and families. Key strengths include specialized qualifications in both art therapy and addiction counseling. Weaknesses include limited geographical reach and higher price points compared to some competitors.
Atlantic Counseling Services
Atlantic Counseling Services provides individual therapy, family counseling, and group therapy sessions. Prices range from $90 to $130 per session. Revenue information is not readily available. Located in Savannah, GA, they serve clients from the city and nearby areas. Their customer base includes individuals, families, and groups seeking therapeutic support. Strengths include a broad range of services and competitive pricing. Weaknesses could be the lack of specialized therapy options and limited online presence.
Family First Therapy
Family First Therapy focuses on family therapy, child counseling, and marital counseling. Their prices range from $85 to $140 per session. Revenue details are not made public. They have one location in Savannah, GA, catering mainly to families and children. They target family units, couples, and children as their primary customer segments. Strengths include a strong focus on family-oriented services and affordable pricing. Weaknesses could involve limited diversification of therapy types and a smaller client base.
Competitive Advantages
InsightCove Therapy stands out in the competitive landscape by providing exemplary mental health services that help clients address their mental health concerns, develop effective coping strategies, and improve their overall well-being through professional guidance and support. Unlike our competition, we focus on personalized and holistic approaches, ensuring that each client’s unique needs are met with tailored treatment plans. Our team of highly qualified and compassionate therapists is dedicated to offering continuous support, making the therapeutic process more engaging and effective for our clients.
Additionally, we leverage the latest advancements in mental health research and therapeutic techniques, ensuring that our clients receive the most up-to-date and evidence-based care. Our convenient location in Savannah, GA, coupled with flexible appointment scheduling and online therapy options, enhances accessibility for all clients. This approach not only addresses the immediate mental health concerns of our clients but also empowers them with long-term coping strategies to maintain their well-being. Our commitment to client satisfaction and continuous improvement sets us apart, fostering a supportive environment where clients feel valued and understood.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
InsightCove Therapy offers a range of specialized products and services designed to cater to the varied mental health needs of its clients. Individual Therapy Sessions are a cornerstone service, providing personalized one-on-one counseling to address a wide array of psychological issues. These sessions typically last around 50 minutes and are priced at an average of $120 per session. This service is essential for clients seeking tailored therapeutic interventions to manage stress, anxiety, depression, and other mental health concerns.
Couples and Family Therapy is another critical service, focusing on improving communication, resolving conflicts, and strengthening relationships. These sessions are usually 60 to 90 minutes long and cost approximately $150 per session. This service is ideal for couples and families looking to foster healthier dynamics and enhance their overall relationship satisfaction.
Group Therapy offers clients the opportunity to engage in a supportive environment with others facing similar challenges. These sessions are typically facilitated by a trained therapist and can cover various topics such as grief, addiction recovery, and stress management. Group Therapy sessions are typically 90 minutes long and are priced at around $60 per person per session. This service not only provides collective support but also promotes shared learning and communal healing.
Workshops and Seminars are designed to provide in-depth knowledge and practical skills on specific mental health topics. These events can range from half-day to full-day sessions and generally cost between $75 and $200, depending on the duration and the subject matter. Workshops and seminars are excellent for individuals seeking concentrated learning experiences and actionable strategies for mental well-being.
Assessment and Evaluation Services are essential for clients requiring a comprehensive understanding of their mental health status. These services include psychological assessments, diagnostic evaluations, and tailored treatment planning. The cost for these services varies based on the complexity and scope of the assessment but generally ranges from $200 to $500. This service is crucial for identifying specific issues and creating an effective treatment plan.
By offering a diverse array of services, InsightCove Therapy ensures that clients can find the support they need, whether they are seeking individual attention, collective support, or educational resources. The pricing structure reflects the quality and specialization of the services provided, making mental health care accessible to a broad audience.
Promotions Plan
We will employ a variety of promotional methods and tactics to attract customers in Savannah, GA. Our primary focus will be on online marketing, which we will leverage to reach a broad audience efficiently. We will create a comprehensive website optimized for search engines (SEO) to ensure potential clients easily find us when searching for counseling services. The website will feature detailed information about our services, therapist profiles, client testimonials, and an easy-to-use appointment booking system.
Social media platforms such as Facebook, Instagram, and LinkedIn will play a crucial role in our strategy. We will maintain active profiles, regularly posting valuable content, including mental health tips, success stories, and information about upcoming workshops or events. Engaging with followers through comments and messages will foster a sense of community and trust. Pay-per-click (PPC) advertising and Google Ads will be employed to target specific keywords related to counseling and therapy in Savannah. These ads will direct traffic to our website, increasing visibility and attracting potential clients who are actively seeking help. In addition to online efforts, we will participate in local community events and health fairs to build brand awareness and establish relationships with local residents and organizations. Collaborating with local businesses, schools, and healthcare providers will also be essential in gaining referrals and expanding our network. Email marketing campaigns will be used to keep our clients informed about new services, special offers, and upcoming events. By sending regular newsletters with valuable content, we will stay top-of-mind and encourage repeat business.
We will also implement a client referral program that incentivizes our existing clients to refer friends and family to our practice. Offering discounts or complimentary sessions for successful referrals will motivate our clients to spread the word about our services. Lastly, we will ensure that we are listed on local online directories and review sites, such as Google My Business and Yelp. Encouraging satisfied clients to leave positive reviews will enhance our online reputation and attract new clients who rely on these platforms for recommendations. By employing a diverse range of promotional methods, we aim to establish InsightCove Therapy as a trusted and accessible counseling service in Savannah, GA.
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 InsightCove Therapy, there are several key day-to-day operational processes that we will perform:
- Schedule and manage client appointments using an efficient booking system.
- Conduct initial client assessments to understand their needs and create tailored therapy plans.
- Maintain accurate and confidential client records and progress notes.
- Provide individual, couples, and group therapy sessions according to client needs.
- Offer virtual therapy sessions to accommodate clients who prefer remote consultations.
- Respond promptly to client inquiries via phone, email, or messaging platforms.
- Handle administrative tasks such as billing, invoicing, and insurance claims processing.
- Maintain a clean, welcoming, and professional office environment.
- Engage in continuous professional development and training to stay updated with the latest therapy techniques and practices.
- Collaborate with other healthcare professionals and make referrals when necessary.
- Monitor and evaluate client progress and adjust therapy plans as needed.
- Implement and maintain client feedback systems to improve service quality.
- Ensure compliance with all relevant legal, ethical, and professional standards.
- Market the practice through online and offline channels to attract new clients.
- Hold regular team meetings to discuss cases, share insights, and ensure alignment on goals.
Milestones
InsightCove Therapy expects to complete the following milestones in the coming months in order to ensure its success:
- Secure Office Space: Identify, lease, and set up a conducive and accessible physical location to serve clients in Savannah, GA.
- Obtain Necessary Licenses and Certifications: Ensure all practitioners are properly licensed and the practice itself has all required permits to operate legally.
- Hire Qualified Staff: Recruit and onboard experienced therapists and administrative staff to provide high-quality counseling services and support operations.
- Implement Comprehensive Marketing Strategy: Launch targeted marketing campaigns, including digital advertising, community outreach, and partnerships with local healthcare providers to attract clients.
- Launch the Counseling Private Practice: Officially open InsightCove Therapy for business, offering initial promotions and events to attract the first wave of clients.
- Establish Client Management System: Implement an efficient electronic health record (EHR) system to manage client appointments, records, and billing processes.
- Build Referral Network: Develop strong relationships with local doctors, schools, and community organizations to create a steady stream of client referrals.
- Achieve $15,000/month in Revenue: Reach a sustainable monthly revenue that supports operational costs and allows for reinvestment into the practice.
- Continuous Professional Development: Ensure ongoing training and development for therapists to maintain high standards of care and stay updated with the latest counseling techniques.
- Client Feedback and Improvement: Regularly gather and analyze client feedback to identify areas for improvement and enhance service quality.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
InsightCove Therapy management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Sophia James, President
Sophia James brings a wealth of experience to her role as President of InsightCove Therapy. With a proven track record of success, she has previously managed a counseling private practice, which has given her deep insights into the mental health industry. Her leadership skills and hands-on experience in running a successful business are invaluable assets to InsightCove Therapy, positioning the company for sustainable growth and innovation in mental health services.
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 | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 |
Direct Expenses | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 |
Gross Profit | $1,496,557 | $1,655,604 | $1,829,612 | $2,019,912 | $2,227,949 |
Gross Profit (%) | 57.6% | 58.9% | 60.1% | 61.3% | 62.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,399,472 | $1,555,573 | $1,726,546 | $1,913,719 | $2,118,534 |
Depreciation | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $9,050 | $9,050 | $9,050 | $9,050 | $9,050 |
Income Tax Expense | $484,687 | $539,323 | $599,163 | $664,674 | $736,359 |
Net Income | $900,134 | $1,001,600 | $1,112,732 | $1,234,395 | $1,367,525 |
Funding Requirements/Use of Funds
To accomplish our growth goals, InsightCove Therapy needs $90,500 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Location Buildout (Renovations) | $20,000 |
Furniture | $5,000 |
Equipment and Machines | $2,000 |
Computers | $1,000 |
Non Capital Investments | |
---|---|
Working Capital | $20,000 |
Initial Rent/Lease (for 3 months) | $6,000 |
Staff Salaries (First 3 Months) | $30,000 |
Initial Marketing and Advertising | $5,000 |
SuppliesI | $500 |
Insurance | $1,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 | |
Total Revenues | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 | |
Direct Costs | ||||||
Direct Costs | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 | |
Total Direct Costs | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 | |
GROSS PROFIT | $1,496,557 | $1,655,604 | $1,829,612 | $2,019,912 | $2,227,949 | |
GROSS PROFIT % | 57.6% | 58.9% | 60.1% | 61.3% | 62.4% | |
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 | $1,399,472 | $1,555,573 | $1,726,546 | $1,913,719 | $2,118,534 | |
Depreciation | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,393,872 | $1,549,973 | $1,720,946 | $1,908,119 | $2,112,934 | |
Interest Expense | $9,050 | $9,050 | $9,050 | $9,050 | $9,050 | |
PRETAX INCOME | $1,384,822 | $1,540,923 | $1,711,896 | $1,899,069 | $2,103,884 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,384,822 | $1,540,923 | $1,711,896 | $1,899,069 | $2,103,884 | |
Income Tax Expense | $484,687 | $539,323 | $599,163 | $664,674 | $736,359 | |
NET INCOME | $900,134 | $1,001,600 | $1,112,732 | $1,234,395 | $1,367,525 | |
Net Profit Margin (%) | 34.7% | 35.6% | 36.5% | 37.4% | 38.3% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $846,918 | $1,840,661 | $2,944,258 | $4,174,286 | $5,439,843 | |
Other Current Assets | $222,915 | $241,379 | $261,372 | $274,769 | $297,528 | |
Total Current Assets | $1,069,833 | $2,082,040 | $3,205,631 | $4,449,055 | $5,737,372 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | |
Accum Depreciation | $5,600 | $11,200 | $16,800 | $22,400 | $28,000 | |
Net fixed assets | $22,400 | $16,800 | $11,200 | $5,600 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,092,233 | $2,098,840 | $3,216,831 | $4,454,655 | $5,737,372 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $101,598 | $106,606 | $111,863 | $115,292 | $120,983 | |
Debt outstanding | $90,500 | $90,500 | $90,500 | $90,500 | $0 | |
Total Liabilities | $192,098 | $197,106 | $202,363 | $205,792 | $120,983 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $900,134 | $1,901,734 | $3,014,467 | $4,248,863 | $5,616,388 | |
Total Equity | $900,134 | $1,901,734 | $3,014,467 | $4,248,863 | $5,616,388 | |
TOTAL LIABILITIES & EQUITY | $1,092,233 | $2,098,840 | $3,216,831 | $4,454,655 | $5,737,372 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $900,134 | $1,001,600 | $1,112,732 | $1,234,395 | $1,367,525 | |
Change in Working Capital | ($121,316) | ($13,456) | ($14,736) | ($9,967) | ($17,067) | |
Plus Depreciation | $5,600 | $5,600 | $5,600 | $5,600 | $5,600 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $784,418 | $993,743 | $1,103,596 | $1,230,027 | $1,356,057 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($28,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($28,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $90,500 | $0 | $0 | $0 | ($90,500) | |
Net Cash Flow from Financing | $90,500 | $0 | $0 | $0 | ($90,500) | |
Net Cash Flow | $846,918 | $993,743 | $1,103,596 | $1,230,027 | $1,265,557 | |
Cash at Beginning of Period | $0 | $846,918 | $1,840,661 | $2,944,258 | $4,174,286 | |
$846,918 | $1,840,661 | $2,944,258 | $4,174,286 | $5,439,843 |