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Tattoo Parlor Business Plan Template

Written by Dave Lavinsky

Tattoo Parlor Business Plan Template
Table of Contents
Table of Contents

Tattoo Parlor Business Plan

Below is our tattoo parlor business plan template and sample plan created using our ai business plan generator.

I. Executive Summary

Company Overview

At Eternal Ink Artistry, we are excited to introduce our new Tattoo Parlor to the heart of Oro Valley, AZ. Our establishment caters to a wide range of tattooing needs, offering everything from top-quality tattoo ink and needles to advanced machines and aftercare products, all aimed at providing a comprehensive and superior tattooing experience. Our mission is to house all necessary components for both our clients and artists under one roof, ensuring excellence in service and outcome. We are dedicated to filling the gap for high-quality tattoo services in the area, and our location has been strategically chosen for its accessibility to both the local community and visitors, making us a prime destination for anyone seeking exceptional tattoo artistry.

Success Factors

Our potential for success is anchored in several key factors. With the invaluable experience of our founder, who has previously run a successful tattoo parlor, we are well-equipped to offer unparalleled service quality. Our extensive range of inks and needles, combined with a strong emphasis on infection prevention and aftercare, positions us above our competitors. Furthermore, since our inception on January 8, 2024, we’ve made significant strides by creating a memorable brand identity and securing a prime location for our parlor. These achievements, along with our commitment to setting a new standard in the tattoo industry in Oro Valley, AZ, are just the beginning of our promising journey at Eternal Ink Artistry.

Industry Analysis

The Tattoo Parlor industry is currently experiencing a remarkable growth phase, with its value surpassing $1 billion in the United States. This growth is largely attributed to the increasing acceptance of tattoos as a form of self-expression and art in mainstream society. As a result, the demand for tattoo services is on the rise, presenting a lucrative opportunity for businesses like Eternal Ink Artistry. Located in Oro Valley, AZ, we are poised to leverage this upward trend by offering high-quality tattoo services in a professional and welcoming environment. The industry’s positive outlook, combined with our strategic positioning, ensures that we are well-placed to attract a loyal customer base and establish ourselves as a leading destination for tattoo enthusiasts.

Customer Analysis

Our primary customer base includes local residents of Oro Valley, AZ – from young professionals and college students to established adults who value high-quality tattoo artistry. We also aim to attract tourists seeking unique tattoo experiences to commemorate their travels, military personnel and veterans with a strong tradition of tattoo culture, and event-goers and festival attendees. By offering custom designs, themed tattoos, and promotions, we plan to cater to the diverse needs and preferences of our clients, further solidifying our presence in the community and broadening our clientele.

Competitive Analysis

Our main competitors include Broken Clover Tattoo, Stained Purity, and State of Art Tattoo Studio, each offering a range of tattoo and piercing services. Despite their strengths, such as skilled artists and high-quality artistry, they face challenges like limited parking, longer waiting times for appointments, and higher pricing. Eternal Ink Artistry distinguishes itself by providing a broader selection of inks and needles, stringent hygiene protocols, advanced aftercare, and a team of highly skilled artists. Our emphasis on quality, safety, and continuous improvement gives us a competitive edge, fostering trust and loyalty among our clientele.

Marketing Plan

Eternal Ink Artistry’s marketing plan encompasses a diverse array of products and services priced to cater to our target clientele, alongside a dynamic promotional strategy. Our products range from various tattoo inks and needles to machines and aftercare products, ensuring we meet every tattooing need. Prices vary, ensuring affordability while maintaining quality. Our promotional efforts are robust, leveraging online marketing, social media, local events participation, and traditional advertising to enhance our visibility. We also engage in community activities, email marketing, collaborations with local businesses, and a referral program to attract and retain customers. These strategies aim to build our reputation as a premier tattoo parlor in Oro Valley, AZ, and cultivate a loyal customer base.

Operations Plan

To ensure operational excellence, Eternal Ink Artistry focuses on maintaining a sterile environment, efficient booking systems, and thorough client consultations. Our operations also include regular equipment sterilization, inventory management, and adherence to health and safety regulations. Training and supervising staff, handling financial transactions, and promoting business are part of our daily activities. Key milestones include securing our location, obtaining permits, renovating the studio, hiring and training staff, launching a marketing campaign, hosting a grand opening event, and achieving financial stability. These steps are crucial for providing high-quality services and fostering a positive reputation.

Management Team

Our management team, led by CEO David Campbell, is composed of individuals with extensive experience in the tattoo industry. David Campbell’s previous success in running a tattoo parlor brings invaluable insight and leadership to Eternal Ink Artistry. His strategic vision and operational expertise are instrumental in steering our business towards profitability and creative excellence. Under his guidance, we are committed to becoming a leading tattoo parlor in Oro Valley, AZ, known for our exceptional service and artistry.

Financial Plan

Eternal Ink Artistry requires $150,000 in funding to achieve our growth objectives. This capital will be allocated towards location buildout, furniture, equipment, computers and software, and various non-capital investments like working capital, initial rent, staff salaries, marketing, supplies, and insurance. These investments are critical for establishing our foundation, launching the business, and ensuring its success and sustainability in the competitive tattoo industry landscape.

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 $17,000 $17,000 $17,000 $17,000 $17,000
Amortization $0 $0 $0 $0 $0
Interest Expense $15,000 $15,000 $15,000 $15,000 $15,000
Income Tax Expense $478,615 $533,250 $593,091 $658,601 $730,287
Net Income $888,856 $990,322 $1,101,455 $1,223,117 $1,356,247

 

II. Company Overview

Eternal Ink Artistry is a new Tattoo Parlor that has recently opened its doors in Oro Valley, AZ. As a local tattoo parlor, we pride ourselves on bringing high-quality tattooing services to the area, filling a much-needed gap. Our commitment to excellence in every aspect of our work sets us apart from any other options available locally.

At Eternal Ink Artistry, we offer a comprehensive range of products and services designed to meet all your tattooing needs. Our selection includes top-quality tattoo ink, various types of tattoo needles tailored for different styles and precision work, advanced tattoo machines for professional artists, aftercare products to ensure your tattoo heals perfectly and remains vibrant, and stencil paper for designing your next masterpiece. Our mission is to provide everything our clients and artists need under one roof, ensuring a seamless and complete tattooing experience.

Located in the heart of Oro Valley, AZ, Eternal Ink Artistry is perfectly positioned to serve the local community and anyone looking to get inked with beautiful, lasting artwork. Our location was chosen with accessibility and convenience in mind, ensuring that everyone in Oro Valley and the surrounding areas has access to high-quality tattooing services.

What makes Eternal Ink Artistry uniquely qualified to succeed? Several factors contribute to our potential for success. Firstly, our founder brings invaluable experience from previously running a successful tattoo parlor. This experience guides every decision we make, ensuring that we provide the highest quality service possible. Additionally, our extensive variety of inks and needles, coupled with our emphasis on infection prevention and aftercare, means that our clients receive the best care and results in the industry. We go above and beyond what our competitors offer, setting a new standard for tattoo parlors in the area.

Eternal Ink Artistry was officially founded on January 8, 2024, and operates as an S Corporation. Since our inception, we have achieved several significant milestones. We have developed a distinct and memorable company name and logo, which encapsulate our brand’s essence and commitment to artistry. Furthermore, we have secured an ideal location for our parlor, ensuring that we are situated in a convenient and accessible spot for our customers. These accomplishments mark just the beginning of our journey, and we are excited about what the future holds for Eternal Ink Artistry.

 

III. Industry Analysis

According to recent market research, the Tattoo Parlor industry in the United States is currently estimated to be worth over $1 billion. This figure represents a significant increase from previous years, indicating a growing demand for tattoo services among consumers. With a steady rise in popularity, the industry is expected to continue its upward trajectory in the coming years.

One of the key trends driving growth in the Tattoo Parlor industry is the increasing acceptance of tattoos in mainstream society. Tattoos are no longer seen as taboo or rebellious, but rather as a form of self-expression and art. This shift in perception has led to a surge in demand for tattoo services, creating ample opportunities for businesses like Eternal Ink Artistry to thrive in the market.

As a new Tattoo Parlor serving customers in Oro Valley, AZ, Eternal Ink Artistry is well-positioned to capitalize on the positive trends in the industry. By offering high-quality tattoo services in a welcoming and professional environment, the business is poised to attract a loyal customer base and establish itself as a go-to destination for tattoo enthusiasts in the area. With the market for tattoo services showing no signs of slowing down, Eternal Ink Artistry stands to benefit from the industry’s continued growth and success.

 

IV. Customer Analysis

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

Target Customers

We will target local residents of Oro Valley, AZ, as our primary customer base. This segment includes young professionals, college students, and established adults who appreciate high-quality tattoo artistry. Our focus will be on individuals looking for custom designs that reflect their personal stories and identities.

In addition to local residents, we will also attract tourists visiting Oro Valley. These customers will seek unique and memorable tattoo experiences to commemorate their travels. Our location and reputation for exceptional artistry will make us a go-to destination for vacationers wanting a lasting souvenir.

We will also target military personnel stationed at nearby bases, as well as veterans. This segment often has a strong tradition of tattoo culture, and we will tailor our services to meet their specific needs and preferences. Offering discounts and specialized designs will further enhance our appeal to this group.

Another important segment will be event-goers and festival attendees who frequent the Oro Valley area. We will capitalize on the increased foot traffic during local events by offering themed tattoos and promotions. This strategy will help us build a broader client base and increase our visibility within the community.

Customer Needs

Customers seeking tattoos expect a high level of artistry and precision, which Eternal Ink Artistry addresses with a wide variety of inks and needles. This ensures that the quality and customization of each tattoo meet the highest standards. Additionally, the studio offers a sterile and comfortable environment to prioritize customer safety and well-being.

Beyond the technical aspects, clients look for professional and courteous service, which is a cornerstone of Eternal Ink Artistry. The team consists of experienced and skilled tattoo artists who can bring any concept to life, from intricate designs to minimalist tattoos. Consultations are thorough to ensure that each customer’s vision is fully understood and executed flawlessly.

Moreover, customers often want assurance of the longevity and vibrancy of their tattoos. Eternal Ink Artistry uses only the best materials and aftercare products to ensure that tattoos age gracefully and maintain their brilliance. This commitment to quality helps in building a loyal customer base who can trust in the durability of their body art.

Finally, customer education is also a key need that Eternal Ink Artistry fulfills. The team provides detailed guidance on aftercare and maintenance to help customers take the best possible care of their new tattoos. This comprehensive approach ensures a positive and satisfying experience from consultation to the final product.

 

V. Competitive Analysis

Direct Competitors

Eternal Ink Artistry’s competitors include the following companies:

Broken Clover Tattoo

Broken Clover Tattoo offers custom tattoo designs, cover-ups, and piercing services. Their price points range from $100 to $300 per hour, depending on the artist’s experience and complexity of the design. Their estimated annual revenue is around $500,000. They are located in Tucson, AZ, and primarily serve customers in Tucson and the surrounding areas. Their key strengths include a strong local reputation and skilled artists. However, they face challenges in terms of limited parking and a smaller studio space.

Stained Purity

Stained Purity focuses on detailed, large-scale tattoo projects, as well as offering piercing services. Their pricing starts at $150 per hour and can go up to $400 per hour for more experienced artists. They generate an estimated $600,000 in annual revenue. Located in Casa Adobes, AZ, they attract customers from both Casa Adobes and the greater Tucson area. Stained Purity’s strengths lie in their high-quality artistry and a loyal customer base. However, they have a longer waiting time for appointments, which can be a drawback for clients seeking immediate services.

State of Art Tattoo Studio

State of Art Tattoo Studio offers a wide range of services including custom tattoos, flash tattoos, and body piercings. Their prices range from $120 to $350 per hour, based on the artist’s expertise and the intricacy of the design. With an annual revenue of approximately $700,000, they are located in central Tucson, AZ, and serve a broad customer segment throughout Tucson and nearby regions. Their key strengths include a diverse team of artists and a strong social media presence. Nonetheless, their weaknesses include higher-than-average pricing, which may deter budget-conscious clients.

Competitive Advantages

At Eternal Ink Artistry, we pride ourselves on offering a superior tattoo experience by providing a wider variety of inks and various types of needles compared to our competition. This extensive selection allows our clients to choose the perfect ink for their unique designs, ensuring a personalized and vibrant outcome. Additionally, our diverse needle options cater to different tattooing techniques and styles, enabling us to achieve finer details and smoother shading, which enhances the overall quality of the artwork.

Moreover, we place a strong emphasis on the health and safety of our clients. Our stringent hygiene protocols and advanced aftercare recommendations help prevent infections and maintain the vibrancy and health of the tattoos. By using top-of-the-line sterilization equipment and providing comprehensive aftercare instructions, we ensure that our clients’ tattoos remain in optimal condition. This commitment to quality and safety not only sets us apart from other tattoo parlors but also fosters trust and loyalty among our clientele. Additionally, our team of highly skilled and experienced artists is dedicated to continuous learning and improvement, which guarantees that we stay at the forefront of tattoo artistry trends and techniques.

VI. Marketing Plan

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

Products, Services & Pricing

Eternal Ink Artistry offers a range of high-quality products and services to cater to the diverse needs of tattoo enthusiasts. One of the core offerings is tattoo ink, which is available in a variety of vibrant colors and shades. These inks are designed to be long-lasting and safe for all skin types. The average price for tattoo ink is around $20 per bottle, depending on the color and brand.

Another essential product available is tattoo needles. These are offered in various sizes and configurations to accommodate different tattooing styles and techniques. Tattoo needles are typically sold in packs, and the average price is approximately $15 per pack, with the price varying based on the quantity and type of needles included.

Tattoo machines are also a key product, crucial for delivering precise and consistent results. Eternal Ink Artistry provides both coil and rotary machines, ensuring that artists have the right tools for their preferred methods. The average selling price for tattoo machines ranges from $200 to $500, depending on the specifications and features of each machine.

Aftercare products are essential for ensuring the longevity and health of new tattoos. Eternal Ink Artistry offers a variety of aftercare items, including lotions, ointments, and protective coverings. These products help in the healing process and maintain the vibrancy of the tattoo. The average cost for aftercare products is around $15 to $25, depending on the type and size of the product.

The use of stencil paper is a fundamental part of the tattooing process, allowing artists to transfer their designs accurately onto the skin. Eternal Ink Artistry provides high-quality stencil paper that ensures clear and durable transfers. The average price for stencil paper is about $10 per pack, with variations based on the size and quantity of sheets included.

Promotions Plan

We leverage a variety of promotional methods to attract customers to our tattoo parlor in Oro Valley, AZ. Our approach includes a strong online marketing presence, which involves maintaining an active and engaging website that showcases our portfolio, services, and customer testimonials. We employ search engine optimization (SEO) techniques to ensure our website ranks high on search engines, making it easy for potential customers to find us. Social media marketing is another cornerstone of our promotional strategy. By creating compelling content on platforms such as Instagram, Facebook, and TikTok, we connect with a broad audience. We post high-quality images and videos of our work, run interactive polls, and engage with followers through comments and direct messages. Additionally, we use targeted advertisements to reach specific demographics likely to be interested in our services. We understand the importance of community engagement and participate in local events and festivals to increase our visibility.

Offering free temporary tattoos and hosting live tattoo demonstrations help us attract potential clients and build our reputation within the community. Email marketing campaigns are another effective tool in our promotional arsenal. By collecting email addresses through our website and social media channels, we keep our audience informed about upcoming promotions, new services, and special events. Personalized emails help us create a more intimate connection with our customers, encouraging repeat business. Collaborations with local businesses also play a significant role in our promotional efforts. We partner with local gyms, cafes, and clothing stores to offer cross-promotional deals, such as discounts for their customers who book a tattoo session with us. This mutually beneficial arrangement helps us tap into their customer base. We also employ traditional advertising methods such as flyers, posters, and local magazine ads to reach a broad audience. By placing these materials in strategic locations around Oro Valley, we ensure maximum visibility. Lastly, our referral program incentivizes existing customers to refer friends and family by offering discounts or free services for successful referrals. This word-of-mouth marketing not only brings in new clients but also strengthens our relationship with existing ones.

 

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 Eternal Ink Artistry, there are several key day-to-day operational processes that we will perform:

  • Maintain a clean and sterile environment in all tattooing areas to meet health and safety regulations.
  • Schedule client appointments and manage booking systems efficiently to maximize artist availability.
  • Conduct client consultations to understand their design preferences and provide professional advice.
  • Prepare and sterilize tattoo equipment before and after each session.
  • Maintain an inventory of tattoo supplies and ensure timely reordering to avoid shortages.
  • Handle client payments and manage financial records accurately.
  • Promote the business through social media platforms and other marketing channels.
  • Perform regular cleaning and disinfection of the entire facility, including common areas and restrooms.
  • Ensure compliance with local health department regulations and acquire necessary permits.
  • Train and supervise new staff members to ensure high-quality service and adherence to standards.
  • Resolve customer complaints and feedback promptly to maintain a positive reputation.
  • Keep detailed records of each tattoo session, including design, placement, and client details.
  • Engage in continuous learning and development to stay updated with the latest tattooing techniques and trends.

Milestones

Eternal Ink Artistry expects to complete the following milestones in the coming months in order to ensure its success:

  • Secure Location and Lease Agreement: Finding an optimal location in Oro Valley, AZ, and signing a lease agreement for the tattoo parlor.
  • Obtain Required Permits and Licenses: Acquiring all necessary health, safety, and business permits and licenses to legally operate the tattoo parlor.
  • Renovate and Design Studio: Completing the renovation and interior design of the studio to create an inviting and professional environment for clients.
  • Hire and Train Staff: Recruiting skilled tattoo artists and support staff, and conducting comprehensive training to ensure high-quality service and adherence to safety standards.
  • Launch Marketing Campaign: Implementing a robust marketing strategy, including social media presence, local advertising, and partnerships, to generate buzz and attract initial customers.
  • Grand Opening Event: Hosting a well-publicized grand opening event to introduce the parlor to the community and generate initial customer interest.
  • Achieve $15,000/month in Revenue: Implementing strategies to steadily increase monthly revenue, with the goal of reaching $15,000 in monthly sales within the first six months of operation.
  • Implement Customer Feedback Systems: Establishing mechanisms to collect and act on customer feedback to continually improve service quality and customer satisfaction.
  • Build a Loyal Customer Base: Focusing on customer retention strategies, such as loyalty programs and personalized service, to build a repeat customer base.
  • Financial Stability and Profitability: Ensuring the business achieves financial stability and profitability by managing expenses and optimizing revenue streams over the next 24 months.

 

VIII. Management Team

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

Management Team Members

Eternal Ink Artistry management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:

David Campbell, CEO

David Campbell, CEO, brings a wealth of experience to Eternal Ink Artistry, having successfully run a tattoo parlor in the past. His proven track record in the tattoo industry, along with his deep understanding of the business dynamics involved, positions him well to lead the company to new heights. David’s strategic vision and operational expertise ensure that Eternal Ink Artistry is not only a creative hub but also a profitable enterprise.

 

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 $17,000 $17,000 $17,000 $17,000 $17,000
Amortization $0 $0 $0 $0 $0
Interest Expense $15,000 $15,000 $15,000 $15,000 $15,000
Income Tax Expense $478,615 $533,250 $593,091 $658,601 $730,287
Net Income $888,856 $990,322 $1,101,455 $1,223,117 $1,356,247

Funding Requirements/Use of Funds

To accomplish our growth goals, Eternal Ink Artistry needs $150,000 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $50,000
Furniture $10,000
Equipment and Machines $20,000
Computers and Software $5,000
Non Capital Investments
Working Capital $20,000
Initial Rent/Lease (3 months) $6,000
Staff Salaries (First 3 Months) $30,000
Initial Marketing and Advertising $5,000
Supplies $2,000
Insurance $2,000

Financial Projections

financial projection tattoo parlor business plan

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 $17,000 $17,000 $17,000 $17,000 $17,000
Amortization $0 $0 $0 $0 $0
EBIT $1,382,472 $1,538,573 $1,709,546 $1,896,719 $2,101,534
Interest Expense $15,000 $15,000 $15,000 $15,000 $15,000
PRETAX INCOME $1,367,472 $1,523,573 $1,694,546 $1,881,719 $2,086,534
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $1,367,472 $1,523,573 $1,694,546 $1,881,719 $2,086,534
Income Tax Expense $478,615 $533,250 $593,091 $658,601 $730,287
NET INCOME $888,856 $990,322 $1,101,455 $1,223,117 $1,356,247
Net Profit Margin (%) 34.2% 35.2% 36.2% 37.1% 38%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $849,540 $1,843,406 $2,947,126 $4,177,276 $5,383,456
Other Current Assets $222,915 $241,379 $261,372 $274,769 $297,528
Total Current Assets $1,072,455 $2,084,785 $3,208,498 $4,452,045 $5,680,984
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $85,000 $85,000 $85,000 $85,000 $85,000
Accum Depreciation $17,000 $34,000 $51,000 $68,000 $85,000
Net fixed assets $68,000 $51,000 $34,000 $17,000 $0
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $1,140,455 $2,135,785 $3,242,498 $4,469,045 $5,680,984
LIABILITIES & EQUITY
Current Liabilities $101,598 $106,606 $111,863 $115,292 $120,983
Debt outstanding $150,000 $150,000 $150,000 $150,000 $0
Total Liabilities $251,598 $256,606 $261,863 $265,292 $120,983
Share Capital $0 $0 $0 $0 $0
Retained earnings $888,856 $1,879,179 $2,980,635 $4,203,753 $5,560,000
Total Equity $888,856 $1,879,179 $2,980,635 $4,203,753 $5,560,000
TOTAL LIABILITIES & EQUITY $1,140,455 $2,135,785 $3,242,498 $4,469,045 $5,680,984

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $888,856 $990,322 $1,101,455 $1,223,117 $1,356,247
Change in Working Capital ($121,316) ($13,456) ($14,736) ($9,967) ($17,067)
Plus Depreciation $17,000 $17,000 $17,000 $17,000 $17,000
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $784,540 $993,866 $1,103,719 $1,230,150 $1,356,179
CASH FLOW FROM INVESTMENTS
Fixed Assets ($85,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($85,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $150,000 $0 $0 $0 ($150,000)
Net Cash Flow from Financing $150,000 $0 $0 $0 ($150,000)
Net Cash Flow $849,540 $993,866 $1,103,719 $1,230,150 $1,206,179
Cash at Beginning of Period $0 $849,540 $1,843,406 $2,947,126 $4,177,276
$849,540 $1,843,406 $2,947,126 $4,177,276 $5,383,456

 

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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