Question

-state 3-year financials of an imaginary fitness center for a business plan using $100,000 as your capital and $100,000 as investment needed from an investor.

.Cash Flow, Income Statement & Balance Sheet for each year
Year 1: Cash Flow broken down into months
Years 2 & 3: Sheets as an annual summary
Give an Opening Balance to show how much investment you need :

Startup funding
Startup expense to fund	70,000
Startup assets to fund	30,000
Total funding required	100,000
Assets
Non-cash assets for startup	100,000
Cash requirements for startup	100,000
Additional cash raised	0
Total assets	100,000
Liabilities and capital
Liabilities
Current borrowing	0
Long-term liabilities (1 year)	60,000
Accounts payable (bills outstanding)	10,000
Other current liabilities (interest free)	0
Total liabilities	70,000
Capital
Planned investment
Investor 1	100,000
Additional investment required
Total planned investment	100,000
loss at startup (startup expenses)	20,000
Total capital	100,000
Total capital and liabilities	170,000
Startup
Startup expenses
Legal permits	5,000
Other short term expenses	15,000
Total startup expenses	20,000
Startup assets	30,000
Cash required	30,000
Other current assets	100,000
Long-term assets	100,000
Total assets	130,000

revenue model

Startup funding
Startup expense to fund	70,000
Startup assets to fund	30,000
Total funding required	100,000
Assets
Non-cash assets for startup	100,000
Cash requirements for startup	100,000
Additional cash raised	0
Total assets	100,000
Liabilities and capital
Liabilities
Current borrowing	0
Long-term liabilities (1 year)	60,000
Accounts payable (bills outstanding)	10,000
Other current liabilities (interest free)	0
Total liabilities	70,000
Capital
Planned investment
Investor 1	100,000
Additional investment required
Total planned investment	100,000
loss at startup (startup expenses)	20,000
Total capital	100,000
Total capital and liabilities	170,000
Startup
Startup expenses
Legal permits	5,000
Other short term expenses	15,000
Total startup expenses	20,000
Startup assets	30,000
Cash required	30,000
Other current assets	100,000
Long-term assets	100,000
Total assets	130,000

Answer 1