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ACME BUILDERS, INC. BUSINESS PLAN 2009
Acme Builders, Inc.
John Smith
Phone 555-555-5555
3025 Cranberry Road
Any Town, UT 80000
Email: [email protected]
ACME BUILDERS, INC. BUSINESS PLAN 2009
Confidentiality Agreement
The undersigned reader acknowledges that the information provided by Acme Builders, Inc. in this
business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of Acme Builders, Inc.
It is acknowledged by reader that information to be furnished in this business plan is in all respects
confidential in nature, other than information which is in the public domain through other means
and that any disclosure or use of same by reader may cause serious harm or damage to Acme Builders, Inc.
Upon request, this document is to be immediately returned to Acme Builders, Inc.
___________________ Signature
___________________ Name (typed or printed)
___________________
Date
This is a business plan. It does not imply an offering of securities.
Table of Contents
Page 1
1.0 Executive Summary .................................................................................................................... 1
Chart: Highlights .......................................................................................................................... 1
1.1 Objectives .................................................................................................................................... 2
1.2 Mission .......................................................................................................................................... 2
1.3 Keys to Success ........................................................................................................................ 2
2.0 Company Summary ..................................................................................................................... 2
2.1 Company Ownership ............................................................................................................... 3
2.2 Company History ...................................................................................................................... 3
Table: Past Performance ........................................................................................................... 3
Chart: Past Performance ........................................................................................................... 5
3.0 Products ........................................................................................................................................... 5
Who uses LEED? ............................................................................................................................... 6
4.0 Market Analysis Summary ........................................................................................................ 6
4.1 Market Segmentation ............................................................................................................. 7
Household income in the United States .................................................................................. 7
Table: Market Analysis ............................................................................................................... 8
Chart: Market Analysis (Pie) .................................................................................................... 8
4.2 Target Market Segment Strategy ...................................................................................... 9
4.3 Industry Analysis ...................................................................................................................... 9
4.3.1 Competition and Buying Patterns .............................................................................. 9
5.0 Web Plan Summary ................................................................................................................... 10
5.1 Website Marketing Strategy ............................................................................................... 10
5.2 Development Requirements ............................................................................................... 10
6.0 Strategy and Implementation Summary .......................................................................... 11
6.1 SWOT Analysis ........................................................................................................................ 11
6.1.1 Strengths ........................................................................................................................... 11
6.1.2 Weaknesses ...................................................................................................................... 11
6.1.3 Opportunities ................................................................................................................... 11
6.1.4 Threats ............................................................................................................................... 12
6.2 Competitive Edge ................................................................................................................... 12
6.3 Marketing Strategy ................................................................................................................ 12
6.4 Sales Strategy ......................................................................................................................... 12
6.4.1 Sales Forecast.................................................................................................................. 13
Table of Contents
Page 2
Table: Sales Forecast ........................................................................................................... 13
Chart: Sales Monthly ............................................................................................................ 14
Chart: Sales by Year ............................................................................................................. 14
6.5 Milestones.................................................................................................................................. 15
Table: Milestones ....................................................................................................................... 15
7.0 Management Summary ............................................................................................................ 15
Table: Personnel ......................................................................................................................... 15
8.0 Financial Plan ............................................................................................................................... 16
8.1 Important Assumptions ....................................................................................................... 16
8.2 Break-even Analysis .............................................................................................................. 16
Table: Break-even Analysis .................................................................................................... 16
Chart: Break-even Analysis ................................................................................................... 17
8.3 Projected Profit and Loss ..................................................................................................... 18
Table: Profit and Loss ............................................................................................................... 18
Chart: Profit Monthly ................................................................................................................ 19
Chart: Profit Yearly .................................................................................................................... 19
Chart: Gross Margin Monthly ................................................................................................. 20
8.4 Projected Cash Flow .............................................................................................................. 21
Cash Received ................................................................................................................................. 21
Expenditures .................................................................................................................................... 22
Table: Cash Flow ........................................................................................................................ 23
Chart: Cash .................................................................................................................................. 23
Chart: Gross Margin Yearly .................................................................................................... 24
8.5 Projected Balance Sheet ...................................................................................................... 24
Table: Balance Sheet ................................................................................................................ 24
8.6 Business Ratios ....................................................................................................................... 25
Table: Ratios ................................................................................................................................ 25
Solar Hot Water System Proposal ............................................................................................... 28
5.4kW Solar Electric Grid-Tied Photovoltaic System ............................................................ 29
Wasatch Energy Engineering Home Energy Rating Certificate ........................................ 30
Wasatch Energy Engineering Energy Analysis – Strong’s Court ..................................... 31
Comfort Tech Budget Prices for Strong’s Court ..................................................................... 32
Table: Sales Forecast ....................................................................................................................... 33
Table of Contents
Page 3
Table: Profit and Loss ....................................................................................................................... 34
Table: Profit and Loss ....................................................................................................................... 34
Table: Cash Flow ................................................................................................................................ 35
Cash Received ................................................................................................................................. 35
Expenditures from Operations .................................................................................................. 36
Table: Balance Sheet ........................................................................................................................ 37
Assets .................................................................................................................................................. 37
Liabilities and Capital .................................................................................................................... 38
Table of Contents
Page 1
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 1.0 Executive Summary 1
1.0 Executive Summary
Acme Builders, Inc. is located at 3025 Cranberry Road, Any Town, UT 80000.
Acme Builders, Inc.'s primary function and the purpose of this plan is to build one of the first
Platinum LEED certified homes in Any Town, UT. John Smith is the owner and manager of the
Company and has over 15 years of high end remodeling experience as a General Contractor.
The Company is a Certified Green Builder with the United States Green Building Council
(USGBC). It has a 15 year relationship with Pella Window and Doors many view to be a very
green window company and the Company is a certified Pella Contractor, which is an integral
component of Green sustainable building.
Acme Builder Inc.'s is seeking grant funding in the amount of $121,000 to help build its
first LEED Certified Green home. Current borrowing of $200,000 in 2010 and $115,000 for
2011 will be required. Long term liability will be incurred during 2010 in the amount of
$250,000 using the land and home as collateral. The home will be used as a model to help
offset its operating costs and promotional purposes.
Acme Builders, Inc. is assuming the estimated monthly fixed cost will be $1,275, for the next
24 month period during the building and sale of its first LEED Certified Green home. Monthly
expenses are low due to the Company being run from the Builder's home office and the
monthly revenue needed to break-even is expected to be $6,377. No sales of Green homes are
expected to be recorded or built in 2009. Beginning with 2010 one Green Home is expected to
be built during this period. During 2011, two Green homes are forecast to be sold with one of
them completed and a 1/3rd deposit to build another but built in 2012. The Company becomes
profitable from sales and building of LEED Certified Green homes in 2012.
Chart: Highlights
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 2.0 Company Summary 2
1.1 Objectives
Acme Builders, Inc.'s primary function and the objective of this plan is to build one of the first
Platinum LEED certified homes in Any Town, UT. The Company will bring a needed service to
changing demographics, while promoting sustainable business and building practices together.
1.2 Mission
Acme Builders, Inc.'s Mission is to meet the needs of present home owners without
compromising the ability of future generations to meet their own needs for healthy, sustainable homes.
1.3 Keys to Success
Acme Builders, Inc.'s keys to success are:
Being a Certified Green Builder by the United States Green Building Council.
Owning an urban infill building lot to develop in a phenomenal location of down town Any
Town.
Having 15 years experience building and successfully running a high end remodeling building company.
2.0 Company Summary
Acme Builders, Inc. is located in Salt Lake, UT area and has been in the remodeling business for
15 years. We started as a remodeling Company with high income clientele. The following is
the Company's contact information:
Acme Builders, Inc.
John Smith
Phone 555-555-5555
3025 Cranberry Road
Any Town, UT 80000
Email: [email protected]
The primary function of the Company is to build one of the first Platinum LEED certified homes in Any Town.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 2.0 Company Summary 3
2.1 Company Ownership
The Company is set up as an S-Corporation since 1995 and run out of a home office. John
Smith is the owner and manager of the Company with over 15 years of high end remodeling experience as a General Contractor.
2.2 Company History
The Company is a start up operation. Its history is from John Smith having over 15 years of
high end remodeling experience as a General Contractor - License # Dopl Utah. The Company
has been making preparations to build one of the first Platinum LEED certified homes in Any
Town.
The Company has a history of being a Certified Green Builder with the United States Green
Building Council (USGBC). It has a 15 year relationship with Pella Window and Doors; many
view to be a very green window company and the Company is a certified Pella Contractor,
which is an integral component of Green sustainable building.
Table: Past Performance
Past Performance
2006 2007 2008
Sales $263,772 $284,731 $160,555
Gross Margin $178,674 $195,127 $99,458
Gross Margin % 67.74% 68.53% 61.95%
Operating Expenses $121,963 $151,262 $122,927
Collection Period (days) 0 0 0
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 2.0 Company Summary 4
Balance Sheet
2006 2007 2008
Current Assets
Cash $4,190 $8,818 $18,342
Accounts Receivable $0 $0 $0
Other Current Assets $0 $6,626 $0
Total Current Assets $4,190 $15,444 $18,342
Long-term Assets
Long-term Assets $72,210 $72,210 $72,210
Accumulated Depreciation $23,642 $31,292 $33,167
Total Long-term Assets $48,568 $40,918 $39,043
Total Assets $52,758 $56,362 $57,385
Current Liabilities
Accounts Payable $0 $0 $0
Current Borrowing $0 $0 $0
Other Current Liabilities (interest
free)
$3,224 $20,128 $13,082
Total Current Liabilities $3,224 $20,128 $13,082
Long-term Liabilities $45,897 $36,234 $38,982
Total Liabilities $49,121 $56,362 $52,064
Paid-in Capital $0 $0 $0
Retained Earnings ($53,074) ($43,865) ($32,849)
Earnings $56,711 $43,865 $38,170
Total Capital $3,637 $0 $5,321
Total Capital and Liabilities $52,758 $56,362 $57,385
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 3.0 Products 5
Chart: Past Performance
3.0 Products
Acme Builders, Inc. history includes full house remodeling from foundation to turn-key. The
Company has also been doing Pella window installations from referrals through their retail
department.
Acme Builders, Inc. owns a prime building lot in the downtown area of Any Town, UT. It is a
few hundred feet from the Trax station which goes to the University Hospital and the University
of Utah, downtown Main Street, and out to South Valley with connecting buses; and soon to the
Salt Lake International Airport. There is walking distance to a large mixed variety of shops and
entertainment and a residential mix, which is the perfect location for the Company's proposed
services.
The Leadership in Energy and Environmental Design (LEED) is a registered
trademark of the U.S Green Building Council. The LEED Green Building Rating
System encourages and accelerates global adoption of sustainable green
building and development practices through the creation and implementation of
universally understood and accepted tools and performance criteria.
During the first three quarters of 2009, $15,000 was spent designing and developing building
plans for platinum LEED certified home on the Company's own building lot. The Company
plans, designs, and constructs a multi-use LEED platinum home. The first one will be a short
term vacation rental to generate income and pay for the cost to construct it, approximately
40% use. It will be a model show home and test home for prospective buyers of urban infill
green homes.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 4.0 Market Analysis Summary 6
Approximately 15% of the model's use will be to provide a case study home for educational and training at no cost as a non-profit.
LEED is a third-party certification program and the nationally accepted benchmark for the
design, construction and operation of high performance green buildings. LEED gives building
owners and operators the tools they need to have an immediate and measurable impact on
their buildings' performance. LEED promotes a whole-building approach to sustainability by recognizing performance in five key areas of human and environmental health:
sustainable site development
water savings
energy efficiency
materials selection indoor environmental quality
Who uses LEED?
Architects, real estate professionals, facility managers, engineers, interior designers, landscape
architects, construction managers, lenders and government officials all use LEED to help
transform the built environment to sustainability. State and local governments across the
country are adopting LEED for public-owned and public-funded buildings; there are LEED
initiatives in federal agencies, including the Departments of Defense, Agriculture, Energy, and
State; and LEED projects are in progress in 41 different countries, including Canada, Brazil, Mexico and India.
The U.S. Green Building Council (USGBC), founded in 1993, is a non-profit trade organization
that promotes sustainability in how buildings are designed, built and operated. The USGBC is
best known for the development of the Leadership in Energy and Environmental Design (LEED)
rating system and Greenbuild, a green building conference that promotes the green building
industry, including environmentally responsible materials, sustainable architecture techniques
and public policy.
USGBC has more than 15,000 member organizations from every sector of the building industry
and works to promote buildings that are environmentally responsible, profitable and healthy
places to live and work. To achieve this it has developed a variety of programs and services,
and works closely with key industry and research organizations and federal, state and local
government agencies.
4.0 Market Analysis Summary
Acme Builders, Inc. is in the business of offering a luxury home in an urban infill lot with
smaller square footage than a large luxury suburban home, but with all the amenities. The
home is built ultra green; reducing their carbon footprint and providing for the baby
boomer market that is ready to down size but still want similar amenities and does not want to
move far away from family and friends. It's been common knowledge for quite some time the
future needs of such a large future segment. Add the growing legitimacy of global warming
spurring a brand new life enhancing market called Green Building. It is for the affluent, ready
for a life change. This is a new market with great potential. It's such a new market segment
that there is no advance competition or new market research.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 4.0 Market Analysis Summary 7
4.1 Market Segmentation
Factors changing the market and business philosophy are the unstableness of the commodities
market driving the US energy needs; primarily oil and coal which are not sustainable and very polluting, damaging industries.
Developing trends are for non-polluting sustainable energies such as solar, which include
photovoltaic geothermal that perform cooling and heating; and solar water, heat pumps,
enhanced sealing and insulating techniques, and superior design and indoor air quality through mechanical and passive design. All of the above are not dependent on foreign commodities.
Also affecting market trends are the bursting bubble of the real estate market. it is creating a
need for cheaper, denser homes. A growing realization of the falling real estate prices is a need
for smaller, denser and more efficient homes. Homes that are cheaper to maintain and not
subjected to sudden unpredictable spikes in energy cost. The Company will be providing a low
cost predictable, stable energy cost home that is close to entertainment, restaurants and work.
It will be a more stable controlled home built on tangible benefits like comfort location. This reasoning will prove green building growth in the future.
Household income in the United States
From Wikipedia, the free encyclopedia
Household income is a measure of current private income commonly used by the United States
government and private institutions. To measure the income of a household, the pre-tax money
receipts of all residents over the age of 18 over a single year are combined. Most of these
receipts are in the form of wages and salaries, but many other forms of income, such as
unemployment insurance, disability, child support, periodic investment income, etc., are
included as well. The residents of the household do not have to be related to the householder
for their earnings to be considered part of the household's income. As households tend to
share a common economic fate, the use of household income remains among the most far and
widely accepted measures of income. However, the size of a household, which is commonly not
considered, creates significant distortions which offset gains or decreases in household income
and makes direct comparisons between quintiles impossible.
In 2007, the median annual household income rose 1.3% to $50,233.00 according to the
Census Bureau. The real median earnings of men who worked full time, year-round climbed
between 2006 and 2007, from $43,460 to $45,113. For women, the corresponding increase
was from $33,437 to $35,102. The median income per household member (including all
working and non-working members above the age of 14) was $26,036 in 2006. In 2006, there
were approximately 116,011,000 households in the United States. 1.93% of all households had
annual incomes exceeding $250,000. 12.3% fell below the federal poverty threshold and the
bottom 20% earned less than $19,178. The aggregate income distribution is highly
concentrated towards the top, with the top 6.37% earning roughly one third of all income, and
those with upper-middle incomes control a large though declining share of the total earned
income. Income inequality in the United States, which had decreased slowly after World War II
until 1970, began to increase in the 1970s until reaching a peak in 2006. It declined a little in
2007. Households in the top quintile, 77% of which had two or more income earners, had
incomes exceeding $91,705. Households in the mid quintile, with a mean of approximately one
income earner per household had incomes between $36,000 and $57,657. Households in the lowest quintile had incomes less than $19,178 and the majority had no income earner.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 4.0 Market Analysis Summary 8
The following chart is shown to represent the potential market for Green homes, which is
anyone in the Fourth Fifth quadrant or above. This represents about 4/5 of the overall
population wealth that is able to afford a Green home.
Households are often divided into quintiles according to their gross income. Each quintile
represents 20%, or one fifth, of all households. Each of the quintiles represent a household
base of 22,629,000 with the exception of the 5% group who represent 5,695,000 households.
We did not show the "Lowest Fifth" group as they have no income. The total households as a
group are 113,146,000.
Table: Market Analysis
Market Analysis
2009 2010 2011 2012 2013
Potential Customers CAGR
2nd Fifth 18,500 19,055 19,627 20,216 20,822 3.00%
Middle Fifth 34,738 35,433 36,142 36,865 37,602 2.00%
Fourth Firth 55,331 55,884 56,443 57,007 57,577 1.00%
Highest Fifth 88,030 91,551 95,213 99,022 102,983 4.00%
Top 5% 157,176 161,891 166,748 171,750 176,903 3.00%
Total 353,775 363,814 374,173 384,860 395,887 2.85%
Chart: Market Analysis (Pie)
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 5.0 Web Plan Summary 9
4.2 Target Market Segment Strategy
All aspects of Acme Builders, Inc.'s plan provide a service for a change in aging demographics.
We will price competitively in the prospective markets; offering them future saving in
maintaining a healthy comfortable home for less. Effectively, we provide a Green vacation
home that is close to outdoor recreation for a conscious minded customer.
Our future services will be to design and build custom green homes on urban infill lots; and build and market green vacation homes.
4.3 Industry Analysis
Acme Builders, Inc. is in the business of remodeling homes with an emphasis on clean energy,
and sustainable building materials and practices. We build custom green homes on urban infill lots in the downtown Any Town area.
4.3.1 Competition and Buying Patterns
Since early 2008 the construction industry has been in a severe depression and the market
devastated many small and even large companies. Green building is one of the only
construction segments improving. New companies are forming and trying to distinguish their
self as experts in sustainable building. Acme Builders, Inc.'s competitors are new small custom
businesses who maybe do two or three homes a year.
Green building is a new concept and the business models are changing. A smaller more custom
approach works with changing and more diverse customer groups, especially in the upper
market when marketing to out-of-state customers.
Acme Builders, Inc. will have an internet presence with a strong informational web portal that
will help it compete.
Features and reputation will help set the Company apart from its competition.
Word of mouth also is very important for the Company's type of business and satisfied customers are a key ingredient to the Company’s success.
Acme Builders, Inc.'s Main Competitors are:
• Architectures
• Small custom builders
• Other new Green Builders
• Price, while maintaining a high level of service
The Company will be diligent in understanding and employing continuous changing technologies to lift its level of service while keeping costs down.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 5.0 Web Plan Summary 10
5.0 Web Plan Summary
Acme Builders, Inc. will have a web portal built that will provide Energy saving tips, links to
credited energy saving company and other URLs that hold the same vision as Acme Builders,
Inc. The Company will link to other out-of-state green home customers and share their
experience with the Company's customer.
The web site will allow the Company to share and promote its green philosophy and attract new
funding sources, volunteers and customers through its website. Digital video will be added to the site for various promotional aspects of the Company's programs.
The website will also include:
Pictures and video of satisfied customers living in other green homes
Statements/testimonials from happy customers of other green homes
Links to local businesses who have given positive statements and referrals
Banner ads Link for visitors to opt in to the Acme Builders, Inc.'s email list
5.1 Website Marketing Strategy
Acme Builders, Inc. plans to use cost effective email marketing campaigns for its outreach to
prospective customers. Economical technology is available that incorporates video with email
and offers very powerful, robust and dynamic features. Another benefit is in communicating
through the use of streaming video embedded within the email. Management believes that the
use of this technology will give the Business a strong competitive edge.
5.2 Development Requirements
Acme Builders, Inc. will use a web development company to consult with and build the site.
The Company expects to spend about $1,500 to $2,000 developing a web site.
Development requirements for Acme Builders, Inc.'s enhanced Internet presence and email
campaign marketing system will incorporate an email drip campaign with video into its
marketing efforts. This technology will more effectively market to its customer and potential
customer base. The built-in analytics provide immediate feedback as to the campaigns
effectiveness and who actually viewed the message. Auto responders with a specific message can be utilized as an immediate follow-up tool.
The Business will be able to create web pages that Acme Builders, Inc.'s hosted web site simply
points to. The created web pages are easily constructed with easy to use templates. Once an
email is entered into the system, they will receive Acme Builders, Inc.'s standard welcome
email and automatically receive periodic emails that are constructed for specific marketing email drip campaigns.
This new technology (released in June of 2009) will position the organization to achieve name
recognition in front of their current market. The first thing most of us do every day is check our in box.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 6.0 Strategy and Implementation Summary 11
6.0 Strategy and Implementation Summary
Sales strategy for Acme Builders, Inc. will be to build credibility by partnering with education
and industry to bring sustainable home comfort by building an ultra green home and providing
a place for case studies and research. The strategy will also be to use the new Green home as
a model home and potential short term rentals.
Acme Builders, Inc. will employ a strategy of developing and taking advantage of technology; developing a database of green building, potential customers and the media.
6.1 SWOT Analysis
Acme Builder Inc.'s owns an infill urban building lot in downtown Any Town with preliminary
approvals for building permits and a complete set of custom building plans to Leed specifications.
John Smith has 15 years experience owning and working his building Company with an
impressive list of high-end satisfied customers. Although the Company currently has limited
resources and the economy is weak, it has a good opportunity in green building demonstrating
to be the only growth in construction during the recent downturn. There is also positive perception of green building throughout the nation as having real and positive benefits.
Acme Builder Inc.'s early entry into the green market and being certified by the USGBC as a
green builder gives the Company its competitive edge. Acme Builder Inc. is also certified by
Pella Window and Door Company; one of the oldest and most respected window companies.
6.1.1 Strengths
Acme Builder Inc.'s strength is in owning a phenomenal infill urban building lot in downtown
Any Town and already having preliminary approvals for building permits. The Company has a
complete set of custom building plans to Leed specifications and fifteen years owning John Smith's own building Company with an impressive list of high-end satisfied customers.
6.1.2 Weaknesses
The only weakness Acme Builder Inc. has is a limited financial resource to benefit from the changing market.
6.1.3 Opportunities
Market growth in green building is the only growth in construction during this
economic downturn. The opportunity lies in lifestyle changes due to unstable energy prices.
There is a move back to urban areas eliminating longer commutes and a search for more
quality time. There is also a positive perception of green building in that it provides real and
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 6.0 Strategy and Implementation Summary 12
positive benefits. With construction's recent problems, having a dual business plan with two
sets of potential customers, the Company has a second option because of its location and a
unique green home. It makes sense to seek out a short term mixed use and rental income by
utilizing the LEED Certified Green Home and also as a marketing tool for the Company's green development business.
6.1.4 Threats
The only threat that could cause problems is the economy.
6.2 Competitive Edge
Acme Builder Inc.'s competitive edge is from early entry into the green market. Its edge is also
getting certified by USGBC as a green builder. It is also certified by Pella Window and Door
Company, one of the oldest and most respected window companies.
6.3 Marketing Strategy
Due to such a small volume of customers recognizing the benefits of sustainable building,
maybe 2 or 3 homes a year will be sold by marketing through word of mouth and reputation.
Realtors would be a good alliance and a top notch web site advertised in a newspaper directing
to web sites would be a good strategy. However, one of the most cost effective ways to
advertise is through the use of email marketing campaigns. By collecting email addresses of
those who are interested in Green homes, the Company can keep them aware of its promotions
and other opportunities. Separate lists for different Groups of Realtors, potential purchasers of
Green homes and the media can be maintained and used with auto responders that convey special or unique messages to the Company's target group.
We plan to establish alliances with well trusted sub contractors, Realtors, USGBC, Pella
Windows & Doors Company, and the University Architecture Department. Email campaigns will
allow us to effectively communicate and stay in touch with our prospective market.
6.4 Sales Strategy
Acme Builders, Inc. plan aligns with older small construction companies; usually an owner
general contractor who typically owns the Dopl license and has fewer than 5 employees. The
Company also uses its developed long term relationships with subcontractors; providing
builders with services such as electric, Hvac, concrete, plumbing, roofing, painting, drywall masonry, tile and in house management carpentry, finish and framing, and labor.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 6.0 Strategy and Implementation Summary 13
6.4.1 Sales Forecast
We expect that 2010 and 2011 will be a transition for the Company with no profits. Acme
Builders, Inc. plan to spend most all of our time in 2010 building a model that will be a multi
use LEED Certified Green Home for a mix of non-profit and profit plans and funded through a
variety of funds; Personal, grants (Private and Public) and possible bank funding. The
Company expects to receive about $12,000 in revenue from small General Contracting jobs
during 2010.
Two apprentices will be utilized in the construction of its first LEED Certified Green home during
2010 at an additional expense of $72,800. This salary expense is built into the direct cost of
construction. The same apprentices will be utilized for 2011 and paid the same salary.
During 2011 we expect to have two sales of our LEED Certified Green Home. One will be a
completed and delivered sale for $500,000 and the other sale will consist of a 1/3 deposit
($166,667) to build a $500,000 LEED Certified Green Home. The balance of the revenue
($333,334) is expected to be received upon completion of the 2nd home in 2012.
Table: Sales Forecast
Sales Forecast
2009 2010 2011
Sales
General Contracting $15,031 $12,000
Sales of Green Homes $0 $0 $666,667
Total Sales $15,031 $12,000 $666,667
Direct Cost of Sales 2009 2010 2011
Materials $10,822 $368,640 $480,000
Other $1,202 $40,960 $53,333
Subtotal Direct Cost of Sales $12,025 $409,600 $533,333
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 6.0 Strategy and Implementation Summary 14
Chart: Sales Monthly
Chart: Sales by Year
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 7.0 Management Summary 15
6.5 Milestones
Acme Builders, Inc. plan to spend all of our time in 2010 building a model that will be a multi use Certified Green Home for a mix of non-profit and profit plans.
Build Ultra Leed Green Home.
Beginning 2010 and ending 2010.
Budget $400,000.
Table: Milestones
Milestones
Milestone Start Date End Date Budget Manager
Build Ultra Leed
Green Home
1/4/2010 12/15/2010 $400,000 John Smith
Web Site 10/30/2009 1/20/2010 $2,000 John Smith
Totals $402,000
7.0 Management Summary
John Smith is the founder, owner and manager of Acme Builders, Inc. He has over 15 years of
high end remodeling experience as a General Contractor.
Two apprentices will be utilized in the construction of its first LEED Certified Green home during
2010 at an additional expense of $72,800. This salary expense is built into the direct cost of
construction.
Table: Personnel
Personnel Plan
2009 2010 2011
Owner Salary $0 $0 $50,000
Apprentice $0 $72,800 $72,800
Total People 0 3 3
Total Payroll $0 $72,800 $122,800
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 16
8.0 Financial Plan
Acme Builder Inc.'s is anticipating grant funding in the amount of $121,000 to help build its
first LEED Certified Green home. Current borrowing of $200,000 in 2010 and $115,000 for
2011 will be required. Long term liability will be incurred during 2010 in the amount of
$250,000 using the land and home as collateral. The home will be used as a model to help
offset its operating costs and promotional purposes.
Acme Builders, Inc. is assuming the estimated monthly fixed cost will be $1,275, for the next
12 to 16 month period during the building of its first LEED Certified Green home. Monthly
expenses are low due to the Company being run from the Builder's home office and the
monthly revenue needed to break-even is expected to be $6,377. No sales of Green homes are
expected to be recorded or built in 2009. Beginning with 2010, one Green Homes are expected
to be built during this period. During 2011, two Green homes are forecast to be sold of which
one will be built and the second one will be with deposit and construction to begin in the first
quarter of 2012. The Company becomes profitable from the sale and building of LEED Certified
Green homes in 2012.
8.1 Important Assumptions
Acme Builders, Inc. is assuming that the average percent variable cost will be 80% of sales and
the estimated monthly fixed cost will be $1,275, for the next 12 to 16 month period.
8.2 Break-even Analysis
Monthly Revenue needed to break-even is expected to be $6,377. This figure is an average
over the 12 month period and does not take into account the irregularity of income, but is
shown as an average for illustrative purposes.
Table: Break-even Analysis
Break-even Analysis
Monthly Revenue Break-even $6,377
Assumptions:
Average Percent Variable Cost 80%
Estimated Monthly Fixed Cost $1,275
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
17
Chart: Break-even Analysis
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
18
8.3 Projected Profit and Loss
Acme Builders, Inc. net income for 2009, 2010, and 2011 is forecast to
be ($15,027), ($504,378), and ($72,809), respectively. The net loss is a result of
$15,031, $12,000, and $666,667 in sales for the same period. No sales of Green
homes recorded or Green homes were built in 2009 and the model home is being built in 2010.
Beginning with 2011, two Green Homes were sold and one is built during this period with a
1/3rd deposit on the one to be built with the balance of revenue received upon completion in
2012.
Table: Profit and Loss
Pro Forma Profit and Loss
2009 2010 2011
Sales $15,031 $12,000 $666,667
Direct Cost of Sales $12,025 $409,600 $533,333
Other Costs of Sales $0 $0 $0
Total Cost of Sales $12,025 $409,600 $533,333
Gross Margin $3,006 ($397,600) $133,333
Gross Margin % 20.00% -3313.33% 20.00%
Expenses
Payroll $0 $72,800 $122,800
Marketing/Promotion $111 $1,200 $3,500
Depreciation $0 $0 $0
Rent $6,331 $6,521 $6,717
Utilities $3,798 $3,912 $4,029
Insurance $5,064 $5,216 $5,372
Payroll Taxes $0 $0 $18,420
Other $0 $12,000
Total Operating Expenses $15,304 $89,649 $172,838
Profit Before Interest and Taxes ($12,298) ($487,249) ($39,505)
EBITDA ($12,298) ($487,249) ($39,505)
Interest Expense $2,729 $17,129 $33,304
Taxes Incurred $0 $0 $0
Net Profit ($15,027) ($504,378) ($72,809)
Net Profit/Sales -99.97% -4,203.15% -10.92%
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
19
Chart: Profit Monthly
Chart: Profit Yearly
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
20
Chart: Gross Margin Monthly
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
21
8.4 Projected Cash Flow
Cash Received Pro Forma Cash Flow
2009 2010 2011
Cash Received
Cash from Operations
Cash Sales $11,273 $9,000 $500,000
Cash from Receivables $3,758 $3,000 $166,667
Subtotal Cash from Operations $15,031 $12,000 $666,667
Additional Cash Received
Sales Tax, VAT, HST/GST Received $0 $0 $0
New Current Borrowing $0 $200,000 $115,000
New Other Liabilities (interest-free) $0 $0 $0
New Long-term Liabilities $0 $250,000 $0
Sales of Other Current Assets $0 $0 $0
Sales of Long-term Assets $0 $0 $0
New Investment Received $0 $121,000 $0
Subtotal Cash Received $15,031 $583,000 $781,667
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
22
Expenditures Expenditures 2009 2010 2011
Expenditures from Operations
Cash Spending $0 $72,800 $122,800
Bill Payments $28,442 $408,735 $602,448
Subtotal Spent on Operations $28,442 $481,535 $725,248
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $0 $0 $0
Principal Repayment of Current
Borrowing $0
$50,000
Other Liabilities Principal Repayment $0 $0 $0
Long-term Liabilities Principal
Repayment $0
$10,000 $5,000
Purchase Other Current Assets $0 $25,000 $10,000
Purchase Long-term Assets $0 $60,000
Dividends $0 $0 $0
Subtotal Cash Spent $28,442 $576,535 $790,248
Net Cash Flow ($13,411) $6,465 ($8,581)
Cash Balance $4,931 $11,396 $2,815
The net cash is based upon the assumption the $121,000 grant was received in the first quarter
of 2010. Current borrowing is $200,000 in 2010 and $115,000 for 2011. Long term liability
will be incurred during 2010 in the amount of $250,000. Another assumption is for $1,200,000
in sales for 2011 with resulting revenue of $666,667. Each Green home sold is projected to sell
for $500,000.
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
23
Table: Cash Flow
Chart: Cash
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
24
Chart: Gross Margin Yearly
8.5 Projected Balance Sheet
No sales of Green homes are expected in 2009 or 2010 and two are forecast for 2011. During
2010, one home will have been built at a cost of $409,600. Because it is shown as a cost of sale
without a sale taking place, it is not reflected as an asset. The asset value would add another
$409,600 if valued at cost. If the value of the model home was added to the balance sheet, it will
actually give the Company a net worth of $16,517 for 2010 and ($56,292) for 2011.
Table: Balance Sheet
Pro Forma Balance Sheet
2009 2010 2011
Assets
Current Assets
Cash $4,931 $11,396 $2,815
Accounts Receivable $0 $0 $0
Other Current Assets $0 $25,000 $35,000
Total Current Assets $4,931 $36,396 $37,815
Long-term Assets
Long-term Assets $72,210 $132,210 $132,210
Accumulated Depreciation $33,167 $33,167 $33,167
Total Long-term Assets $39,043 $99,043 $99,043
Total Assets $43,974 $135,439 $136,858
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
25
Liabilities and Capital 2009 2010 2011
Current Liabilities
Accounts Payable $1,616 $36,458 $50,686
Current Borrowing $0 $200,000 $265,000
Other Current Liabilities $13,082 $13,082 $13,082
Subtotal Current Liabilities $14,698 $249,540 $328,768
Long-term Liabilities $38,982 $278,982 $273,982
Total Liabilities $53,680 $528,522 $602,750
Paid-in Capital $0 $121,000 $121,000
Retained Earnings $5,321 ($9,706) ($514,083)
Earnings ($15,027) ($504,378) ($72,809)
Total Capital ($9,706) ($393,083) ($465,892)
Total Liabilities and Capital $43,974 $135,439 $136,858
Net Worth ($9,706) ($393,083) ($465,892)
8.6 Business Ratios
Acme Builders, Inc. is using the industry, "New Single Family Housing Construction" as its
model to compare ratios.
Table: Ratios
Ratio Analysis
2009 2010 2011 Industry
Profile
Sales Growth -90.64% -20.16% 5455.56% -17.50%
Percent of Total Assets
Accounts Receivable 0.00% 0.00% 0.00% 13.39%
Other Current Assets 0.00% 18.46% 25.57% 48.91%
Total Current Assets 11.21% 26.87% 27.63% 76.50%
Long-term Assets 88.79% 73.13% 72.37% 23.50%
Total Assets 100.00% 100.00% 100.00% 100.00%
Current Liabilities 33.42% 184.25% 240.23% 39.45%
Long-term Liabilities 88.65% 205.98% 200.19% 43.40%
Total Liabilities 122.07% 390.23% 440.42% 82.85%
Net Worth -22.07% -290.23% -340.42% 17.15%
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
26
Percent of Sales
Sales 100.00% 100.00% 100.00% 100.00%
Gross Margin 20.00% -3313.33% 20.00% 31.99%
Selling, General & Administrative
Expenses 119.97%
889.81% 30.92% 10.74%
Advertising Expenses 0.74% 10.00% 0.53% 0.30%
Profit Before Interest and Taxes -81.82% -4060.41% -5.93% 5.37%
Main Ratios
Current 0.34 0.15 0.12 1.61
Quick 0.34 0.15 0.12 1.25
Total Debt to Total Assets 122.07% 390.23% 440.42% 82.85%
Pre-tax Return on Net Worth 154.82% 128.31% 15.63% 160.51%
Pre-tax Return on Assets -34.17% -372.40% -53.20% 27.52%
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
27
Additional Ratios 2009 2010 2011
Net Profit Margin -99.97% -4203.15% -10.92%
Return on Equity 0.00% 0.00% 0.00%
Activity Ratios
Accounts Receivable Turnover 0.00 0.00 0.00
Collection Days 60 0 0
Accounts Payable Turnover 18.60 12.17 12.17
Payment Days 27 16 26
Total Asset Turnover 0.34 0.09 4.87
Debt Ratios
Debt to Net Worth 0.00 0.00 0.00
Current Liab. to Liab. 0.27 0.47 0.55
Liquidity Ratios
Net Working Capital ($9,767) ($213,144) ($290,953)
Interest Coverage -4.51 -28.45 -1.19
Additional Ratios
Assets to Sales 2.93 11.29 0.21
Current Debt/Total Assets 33% 184% 240%
Acid Test 0.34 0.15 0.12
Sales/Net Worth 0.00 0.00 0.00
Dividend Payout 0.00 0.00 0.00
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
28
Solar Hot Water System Proposal
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
29
5.4kW Solar Electric Grid-Tied Photovoltaic System
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
30
Wasatch Energy Engineering Home Energy Rating Certificate
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
31
Wasatch Energy Engineering Energy Analysis – Strong’s Court
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
8.0 Financial Plan
32
Comfort Tech Budget Prices for Strong’s Court
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | 33
Table: Sales Forecast
Sales Forecast
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Sales
General Contracting $3,500 $2,500 $3,000 $2,000 $1,215 $1,276 $1,540 $0 $0 $0 $0 $0
Sales of Green Homes $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Sales $3,500 $2,500 $3,000 $2,000 $1,215 $1,276 $1,540 $0 $0 $0 $0 $0
Direct Cost of Sales Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Materials 72% $2,520 $1,800 $2,160 $1,440 $875 $919 $1,109 $0 $0 $0 $0 $0
Other 8% $280 $200 $240 $160 $97 $102 $123 $0 $0 $0 $0 $0
Subtotal Direct Cost of Sales
$2,800 $2,000 $2,400 $1,600 $972 $1,021 $1,232 $0 $0 $0 $0 $0
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
Table: Profit and Loss
34
Table: Profit and Loss
Pro Forma Profit and Loss
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Sales $3,500 $2,500 $3,000 $2,000 $1,215 $1,276 $1,540 $0 $0 $0 $0 $0
Direct Cost of Sales $2,800 $2,000 $2,400 $1,600 $972 $1,021 $1,232 $0 $0 $0 $0 $0
Other Costs of Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Cost of Sales $2,800 $2,000 $2,400 $1,600 $972 $1,021 $1,232 $0 $0 $0 $0 $0
Gross Margin $700 $500 $600 $400 $243 $255 $308 $0 $0 $0 $0 $0
Gross Margin % 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Expenses
Payroll $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Marketing/Promotion $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $111
Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Rent $500 $505 $510 $515 $520 $525 $530 $535 $540 $545 $550 $556
Utilities $300 $303 $306 $309 $312 $315 $318 $321 $324 $327 $330 $333
Insurance $400 $404 $408 $412 $416 $420 $424 $428 $432 $436 $440 $444
Payroll Taxes 15% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Operating Expenses
$1,200 $1,212 $1,224 $1,236 $1,248 $1,260 $1,272 $1,284 $1,296 $1,308 $1,320 $1,444
Profit Before Interest and Taxes
($500) ($712) ($624) ($836) ($1,005) ($1,005) ($964) ($1,284) ($1,296) ($1,308) ($1,320) ($1,444)
EBITDA ($500) ($712) ($624) ($836) ($1,005) ($1,005) ($964) ($1,284) ($1,296) ($1,308) ($1,320) ($1,444)
Interest Expense $227 $227 $227 $227 $227 $227 $227 $227 $227 $227 $227 $227
Taxes Incurred $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Net Profit ($727) ($939) ($851) ($1,063) ($1,232) ($1,232) ($1,191) ($1,511) ($1,523) ($1,535) ($1,547) ($1,671)
Net Profit/Sales -
20.78% -
37.58% -
28.38% -
53.17% -
101.43% -
96.57% -
77.36% 0.00% 0.00% 0.00% 0.00% 0.00%
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
35
Table: Cash Flow
Cash Received
Pro Forma Cash Flow
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cash Received
Cash from Operations
Cash Sales $2,625 $1,875 $2,250 $1,500 $911 $957 $1,155 $0 $0 $0 $0 $0
Cash from Receivables $0 $29 $867 $629 $742 $493 $304 $321 $372 $0 $0 $0
Subtotal Cash from Operations
$2,625 $1,904 $3,117 $2,129 $1,653 $1,450 $1,459 $321 $372 $0 $0 $0
Additional Cash Received
Sales Tax, VAT,
HST/GST Received 0.00% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Current Borrowing
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Other Liabilities (interest-free)
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Long-term Liabilities
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Sales of Other Current Assets
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Sales of Long-term Assets
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Investment Received
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Cash Received
$2,625 $1,904 $3,117 $2,129 $1,653 $1,450 $1,459 $321 $372 $0 $0 $0
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
36
Expenditures from Operations Expenditures Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Expenditures from Operations
Cash Spending $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Bill Payments $141 $4,201 $3,453 $3,825 $3,043 $2,449 $2,516 $2,691 $1,512 $1,524 $1,536 $1,552
Subtotal Spent on Operations
$141 $4,201 $3,453 $3,825 $3,043 $2,449 $2,516 $2,691 $1,512 $1,524 $1,536 $1,552
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Principal Repayment of Current Borrowing
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other Liabilities Principal
Repayment
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Long-term Liabilities Principal Repayment
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Purchase Other Current Assets
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Purchase Long-term Assets
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Dividends $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Cash Spent
$141 $4,201 $3,453 $3,825 $3,043 $2,449 $2,516 $2,691 $1,512 $1,524 $1,536 $1,552
Net Cash Flow $2,484 ($2,297) ($336) ($1,696) ($1,390) ($999) ($1,056) ($2,370) ($1,140) ($1,524) ($1,536) ($1,552)
Cash Balance $20,826 $18,529 $18,193 $16,497 $15,107 $14,108 $13,051 $10,682 $9,542 $8,018 $6,483 $4,931
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 |
37
Table: Balance Sheet
Assets
Pro Forma Balance Sheet
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Assets Starting Balances
Current Assets
Cash $18,342 $20,826 $18,529 $18,193 $16,497 $15,107 $14,108 $13,051 $10,682 $9,542 $8,018 $6,483 $4,931
Accounts Receivable
$0 $875 $1,471 $1,354 $1,225 $787 $613 $693 $372 $0 $0 $0 $0
Other Current Assets
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Current Assets
$18,342 $21,701 $20,000 $19,547 $17,722 $15,894 $14,720 $13,745 $11,054 $9,542 $8,018 $6,483 $4,931
Long-term Assets
Long-term Assets
$72,210 $72,210 $72,210 $72,210 $72,210 $72,210 $72,210 $72,210 $72,210 $72,210 $72,210 $72,210 $72,210
Accumulated Depreciation
$33,167 $33,167 $33,167 $33,167 $33,167 $33,167 $33,167 $33,167 $33,167 $33,167 $33,167 $33,167 $33,167
Total Long-term Assets
$39,043 $39,043 $39,043 $39,043 $39,043 $39,043 $39,043 $39,043 $39,043 $39,043 $39,043 $39,043 $39,043
Total Assets $57,385 $60,744 $59,043 $58,590 $56,765 $54,937 $53,763 $52,788 $50,097 $48,585 $47,061 $45,526 $43,97
ACME BUILDERS, INC. BUSINESS PLAN 2009
John Smith 555-555-5555 | Table: Balance Sheet 38
Liabilities and Capital
Liabilities and Capital
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Current Liabilities
Accounts Payable
$0 $4,086 $3,325 $3,723 $2,961 $2,366 $2,425 $2,640 $1,461 $1,473 $1,484 $1,496 $1,616
Current Borrowing
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other Current Liabilities
$13,082 $13,082 $13,082 $13,082 $13,082 $13,082 $13,082 $13,082 $13,082 $13,082 $13,082 $13,082 $13,082
Subtotal Current Liabilities
$13,082 $17,168 $16,407 $16,805 $16,043 $15,448 $15,507 $15,722 $14,543 $14,555 $14,566 $14,578 $14,698
Long-term Liabilities
$38,982 $38,982 $38,982 $38,982 $38,982 $38,982 $38,982 $38,982 $38,982 $38,982 $38,982 $38,982 $38,982
Total Liabilities
$52,064 $56,150 $55,389 $55,787 $55,025 $54,430 $54,489 $54,704 $53,525 $53,537 $53,548 $53,560 $53,680
Paid-in Capital
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Retained Earnings
($32,849) $5,321 $5,321 $5,321 $5,321 $5,321 $5,321 $5,321 $5,321 $5,321 $5,321 $5,321 $5,321
Earnings $38,170 ($727) ($1,667) ($2,518) ($3,582) ($4,814) ($6,046) ($7,238) ($8,749) ($10,272) ($11,808) ($13,355) ($15,027)
Total Capital
$5,321 $4,594 $3,654 $2,803 $1,739 $507 ($725) ($1,917) ($3,428) ($4,951) ($6,487) ($8,034) ($9,706)
Total Liabilities and Capital
$57,385 $60,744 $59,043 $58,590 $56,765 $54,937 $53,763 $52,788 $50,097 $48,585 $47,061 $45,526 $43,974
Net Worth $5,321 $4,594 $3,654 $2,803 $1,739 $507 ($725) ($1,917) ($3,428) ($4,951) ($6,487) ($8,034) ($9,706)