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What
can we do for you? We help you prepare the required cash flow projections and
we can sign off on the required reports as an independent CPA (Certified Public Accountant) as
required for your business plan thus expediting your loan application. You
choose the lender and we will work with them to get your loan approved .We do
not have to meet with you to have your cash flow projections and reports
prepared. We mail everything to you in 2 or 3 business weeks based on the industry. Fill out the form in step 2 above after reading about our (The
Gold Plan) Service.
If you want financial
statement projections for your business plan, as required by a bank or
venture capitals, you came to the right place. We study each industry and use
the financial statements of selected companies in the industry you are
interested in to project the cash flow statements from the balance sheet and
income statements.
We are a CPA firm that has
the resources from our ratings to prepare these financial statements. Below
is an example of a cash flow projection for the SIC code 3661 Telephone &
Telegraph. If this was the industry you are interested in, this is what your
cash flow projection will look like:
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HarriFin Communications
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SAMPLE
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Details omitted
|
|
|
|
Projected
Statements of Cash Flow
|
|
|
|
|
|
Percent
%of sales
|
|
Year
ending
|
Year
ending
|
Year
ending
|
|
|
|
2008
|
2007
|
2006
|
|
|
Desired Sales
|
4,737,600
|
4,360,000
|
4,000,000
|
|
|
Average
|
|
|
|
|
Operating
activities:
|
Percentage
|
|
|
|
|
Net
income –loss
|
0.04
|
236,880
|
217,600
|
240,000
|
|
Adjustments
to reconcile net income -loss) to net cash provided by -used in) operating
activities:
|
|
|
|
|
|
Non-cash
portion of business restructuring
|
|
|
|
|
|
Depreciation
and amortization
|
0.04
|
189,504
|
174,400
|
160,000
|
|
Recovery
of bad debts and customer financings
|
|
|
|
|
|
Deferred
income taxes
|
0.00
|
0
|
0.0
|
0.0
|
|
Pension
credit
|
|
|
|
|
|
Other
adjustments for non-cash items
|
|
|
|
|
|
Changes
in operating assets and liabilities:
|
|
|
|
|
|
Receivables
|
-0.01
|
-47,376
|
-43,600
|
-40,000
|
|
Inventories
and contracts in process
|
-0.01
|
-47,376
|
-43,600
|
-40,000
|
|
Accounts
payable
|
0.00
|
0
|
0.0
|
0.0
|
|
Deferred
revenue
|
|
|
|
|
|
Other
operating assets and liabilities
|
-0.01
|
-47,376
|
-43,600
|
-40,000
|
|
|
|
|
|
|
|
Net cash provided by -used in operating
activities
|
0.07
|
331,632
|
305,200
|
280,000
|
|
|
|
|
|
|
|
Investing
activities:
|
|
|
|
|
|
Capital
expenditures
|
-0.02
|
-94,752
|
-87,200
|
-80,000
|
|
Purchases
of marketable securities
|
-0.43
|
-2,037,168
|
-1,874,800
|
-1,720,000
|
|
Maturities
of marketable securities
|
|
|
|
|
|
Sales
of marketable securities
|
0.50
|
2,368,800
|
2,180,000
|
2,000,000
|
|
Proceeds
from the sale or disposal of property, plant and equipment
|
|
|
|
|
|
Other
investing activities
|
|
|
|
|
|
|
|
|
|
|
|
Net cash –used in provided by investing
activities
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0.00
|
236,880
|
218,000
|
200,000
|
|
|
|
|
|
|
|
Financing
activities:
|
|
|
|
|
|
Issuance
of convertible senior debt
|
|
|
|
|
|
Net
proceeds of other short-term borrowings
|
|
|
|
|
|
Repayments
of long-term debt
|
|
|
|
|
|
Issuance
of common stock
|
0.01
|
47,376
|
43,600
|
40,000
|
|
Redemptions
of preferred stock
|
|
|
|
|
|
Other
financing activities
|
|
|
|
|
|
|
|
|
|
|
|
Net cash –used in provided by financing activities
|
-0.06
|
-284,256
|
-261,600
|
-240,000
|
|
Effect
of exchange rate changes on cash and cash equivalents
|
|
|
|
|
|
|
|
|
|
|
|
Net
-decrease) increase in cash and cash equivalents
|
0.03
|
142,128
|
130,800
|
120,000
|
|
Cash
and cash equivalents at beginning of year
|
|
828,400
|
760,000
|
0
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of
year
|
|
900,144
|
828,400
|
760,000
|
HarriFin
Communications, Inc.
|
|
Year
ending
|
Year ending
|
Year ending
|
|
Projected
Balance Sheet
|
|
2008
|
2007
|
2006
|
|
As
percentage of sales
|
Industry
|
Projected
|
Projected
|
Projected
|
|
|
Average
|
Sales
|
Sales
|
Sales
|
|
|
|
4737600
|
4360000
|
4000000
|
|
ASSETS
|
|
16%
Increase
|
18%
Increase
|
|
|
Cash
and cash equivalents
|
0.19
|
900,144
|
828,400
|
760,000
|
|
Marketable
securities
|
0.14
|
663,264
|
610,400
|
560,000
|
|
Receivables,
net
|
0.13
|
615,888
|
566,800
|
520,000
|
|
Inventories
|
0.07
|
280,000
|
280,000
|
280,000
|
|
Other
current assets
|
0.02
|
94,752
|
87,200
|
80,000
|
|
Total
current assets
|
0.58
|
2,747,808
|
2,528,800
|
2,320,000
|
|
Marketable
securities
|
|
Skip
|
Skip
|
Skip
|
|
Property,
plant and equipment, net
|
0.11
|
521,136
|
479,600
|
440,000
|
|
Prepaid
pension costs
|
|
|
|
|
|
Goodwill
and other acquired intangibles, net
|
0.14
|
663,264
|
610,400
|
560,000
|
|
Other
assets
|
0.03
|
142,128
|
130,800
|
120,000
|
|
Total assets
|
1.02
|
4,832,352
|
4,447,200
|
4,080,000
|
|
LIABILITIES
|
|
|
|
|
|
Accounts
payable
|
0.05
|
236,880
|
218,000
|
200,000
|
|
Payroll
and benefit-related liabilities
|
0.05
|
236,880
|
218,000
|
200,000
|
|
Debt
maturing within one year
|
|
|
|
|
|
Other
current liabilities
|
|
|
|
|
|
Total
current liabilities
|
0.22
|
1,042,272
|
959,200
|
880,000
|
|
Postretirement
and post employment benefit liabilities
|
|
|
|
|
|
Pension
liabilities
|
|
|
|
|
|
Long-term
debt
|
0.1
|
473,760
|
436,000
|
400,000
|
|
Other
liabilities
|
|
|
|
|
|
Total
non current liabilities
|
0.19
|
900,144
|
828,400
|
760,000
|
|
Total
liabilities
|
0.42
|
1,989,792
|
1,831,200
|
1,680,000
|
|
Commitments
and contingencies
|
|
|
|
|
|
SHAREOWNERS’
EQUITY -DEFICIT
|
|
|
|
|
|
Preferred
stock— par value 1.00 per share; authorized shares: 250; issued and outstanding:
none
|
|
|
|
|
|
Common
stock— par value .01 per share; Authorized shares: 10,000;
|
0.02
|
94,752
|
87,200
|
80,000
|
|
Additional
paid-in capital
|
1.6
|
7,580,160
|
6,976,000
|
6,400,000
|
|
Accumulated
deficit
|
|
|
|
|
|
Accumulated
other comprehensive loss
|
|
-20,000
|
-20,000
|
-20,000
|
|
Total
shareowners’ equity -deficit)
|
0.61
|
2,889,936
|
2,659,600
|
2,440,000
|
|
Total liabilities and shareowners’
equity -deficit)
|
1.02
|
4,832,352
|
4,447,200
|
4,080,000
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To top of Page. |
SAMPLE
|
Details
omitted
|
|
|
HarriFin
Communications, Inc.
|
|
|
|
|
|
Projected Income
statement
|
|
2008
|
2007
|
2006
|
|
Total revenues
|
Desired
Revenue
|
4,737,600
|
4,360,000
|
4,000,000
|
|
|
Industry Average
|
|
|
|
|
Costs:
|
|
|
|
|
|
Total
costs of goods sold
|
0.47
|
2,226,672
|
2,049,200
|
1,880,000
|
|
Gross
Profit
|
|
2,510,928
|
2,310,800
|
2,120,000
|
|
Operating
expenses:
|
|
|
|
|
|
Selling,
general and administrative
|
0.17
|
805,392
|
741,200
|
680,000
|
|
Research
and development
|
0.11
|
521,136
|
479,600
|
440,000
|
|
Total
operating expenses
|
0.44
|
2,084,544
|
1,918,400
|
1,760,000
|
|
|
|
|
|
|
|
Operating
income –loss
|
0.06
|
426,384
|
392,000
|
360,000
|
|
|
|
|
|
|
|
Interest
expense ***
|
0.01
|
47,376
|
43,600
|
40,000
|
|
Other
Income –Loss net
|
|
|
|
|
|
Income
–loss before income taxes
|
0.07
|
331,632
|
304,800
|
320,000
|
|
Income
tax -benefit
|
0.02
|
94,752
|
87,200
|
80,000
|
|
|
|
|
|
|
|
Net income –loss
|
0.04
|
236,880
|
217,600
|
240,000
|
*** Interest will be higher if this was not a publicly
traded company where financing will be all
from
bank loans.
2005-2006
Published by A. Andrew Harrison CPA P.C (A New York State Corp).
|
