1. Nicole’s Pizzeria Learning Team 1: Beth Adams, Roy Richards, Jacob Welsted and Nicole Williams MBA 675 E Instructor Susan Steffan June15, 2015

2. Nicole’s Pizzeria Financial Plan for Nicole’s Pizzeria

3. Nicole’s Pizzeria There are four partners at Nicole’s Pizzeria 1.Beth Adams 2.Roy Richards 3.Jacob Welsted 4.Nicole Williams

4. Nicole’s Pizzeria Start Up Cash and Credit Each Partner Contributed $30,000 Taken a SBA 504 Loan $81,000 Total start up cash $201,000 $20,000 line of credit

5. Nicole’s Pizzeria SBA- 504 Loan Fixed Rate of 4.93%. The rate is fixed for 10 years. Credit interest is 0.0875%

6. Nicole’s Pizzeria Sales Projections 2016- $523,579 2017- $544,311 2018- $605,355

7. Nicole’s Pizzeria Partnership LLC Partnership- is a business entity that provides vital benefits of corporate ownership to company owners while avoiding the tax pitfalls of the corporate form. LLC income is taxed at the individual level to the partners, eliminating the double-taxation that has traditionally been the price of limited liability— protection from business debts and legal actions. LLC business partnership agreements provide an outline of how a new LLC will be structured and managed. $25 to file this form

8. Start Up Expenditures Security Deposits Rent- $3,000 Telephone- $250 Utilities- $800 Internet and Security System- $400 Total Security Deposits- $4,450

9. Nicole’s Pizzeria Pre- Advertising Radio Ads- $4,800 Flyers-$250 Business Cards- $450 Total Cost- $5500

10. Nicole’s Pizzeria Accounting Fees Roy will do accounting duties- no charge

11. Nicole’s Pizzeria Insurance Expense Workman’s Compensation Disability Business Property insurance Total Insurance Cost- $4,500 every four months

12. Nicole’s Pizzeria Licensing New York State Business License Cost is $300

13. Nicole’s Pizzeria Entertainment Television iPod Speakers Music Downloads Total Cost-$1000

14. Nicole’s Pizzeria Office Supplies Computer Paper Pens Order Forms Total Cash Cost- $600

15. Nicole’s Pizzeria Payroll Expense Training and Set Up Monthly Payroll- $12,250 2 Full time Employees 10 Part Time employees

16. Nicole’s Pizzeria Benefits Benefit Cost 20-26% of employee yearly wages. Total Yearly Benefit Cost $11,400.

17. Nicole’s Pizzeria Printing Printer Paper Total cost-$500

18. Nicole’s Pizzeria Sales Tax Permit There is no cost for the permit, all you have to do is apply.

19. Nicole’s Pizzeria Rent Total monthly Rent Cost- $3,000

20. Nicole’s Pizzeria Utility Cost National Grid National Gas Total Cost Monthly- $800

21. Nicole’s Pizzeria Opening Inventory Cost Aprons Fresh Vegetables Flour etc… Total Cost $20,000.

22. Nicole’s Pizzeria Website For Online Ordering Cost to build the online ordering website $2,250

23. Nicole’s Pizzeria Internet Facebook Instagram Twitter No charge we will set up these accounts and post to them.

24. Nicole’s Pizzeria Vehicles 2 vehicles purchased at car auction The car cost was $20,000

25. Nicole’s Pizzeria Computer Equipment 2 Laptops Quicken Books Total cost -$1,500

26. Nicole’s Pizzeria Equipment and Machinery Wood burning brick oven- $25,000 2 Refrigerators- $1,500 Commercial pizza dough mixer- $4,700

27. Nicole’s Pizzeria Ingredient Bins-$700 Pans, dishes etc…- $7,300 Total Cost- $39,200

28. Nicole’s Pizzeria Leasehold Improvements Updating 2 bathrooms Painting Sinks Tile Total Cost $8,000

29. Nicole’s Pizzeria Furniture and Fixtures Tables Lighting Chairs Total cost $20,000

30. Nicole’s Pizzeria Sales Projections 2016- $523,579 2017- $544,311 2018- $605,355

31. Nicole’s Pizzeria Income Projections 2016- $29,501 2017- $56,960 2018- $88,751

32. Nicole’s Pizzeria Breakeven The breakeven point is 21,920 units.

33. Nicole’s Pizzeria Start Up Cash- $201,000 Total Start Up Expenses- $152,432 Cash on Hand After Expenses- $77,468

34. Nicole’s Pizzeria References: How Much to Pay Your Startup Lawyer. (2008, April 15). Retrieved May 10, 2015, from http://startuplawyer.com/startup-issues/how-much-to-pa y-your-startup-lawyer How Much Should a Website Cost in 2015? (n.d.). Retrieved May 10, 2015, from http://www.webpagefx.com/How-much-should-web-site-cost.html What Are the Startup Costs? - Marcos Pizza Franchising. (n.d.). Retrieved May 10, 2015, from http://marcosfranchising.com/research-funnel/what-are- the-startup-costs/ Richards, L. (n.d.). Cost of Employee Benefits for an Employer. Retrieved May 10, 2015, from http://smallbusiness.chron.com/cost-employee-benefits- employer-2694.html Hastings, Alan Retrieved May 10, 2015 185 Allen Street Buffalo, NY from https://www.loopnet.com https://www.timewarnercable.com

35. Nicole’s Pizzeria Apple Store G116 Walden Galleria Mall Cheektowaga, NY (716)706-2000 https://www.nysdepartmantoftaxation.gov https://www.nysdeptoflicense.gov https://www.walmart.com https://www.nationalfuelgas.com Frost, S. (n.d.). What Is Needed to Start a Pizzeria?. Retrieved May 10, 2015, from http://smallbusiness.chron.com/needed-start-pizzeria-2 6294.html http://www.rciauctions.com/cgi-bin/mncal.cgi?rci http://restaurantauctioncompany.com/auction_list.php http://www.hobartcorp.com/products/food-prep/mixers/le gacy-hl662-pizza-mixer/ Nicole’s Pizzeria http://www.fornoclassico.com/commercial-wood-fired-brick-ovens

36. Nicole’s Pizzeria http://www.restaurantdepot.com/ http://mypizza.com/pages/partner-companies (online pizza ordering website outsourcing) http://www.taradel.com/EDDM%E2%84%A2-All-Inclusive-des ign47 http://www.bankcardusa.com/(merchant services) http://www.nysdeptoflicense.govhttp://www.nysdeptoflicense.gov https://www.walmart.com https://www.nationalfuelgas.com