1. Financials Revenue Estimates Revenue Assumptions for Month 1
Service
# of classes
# of clients
Revenue
Group Classes (except ZUMBA)
60 minutes 16 7
$2,240
90 minutes 12
$2,520
ZUMBA 20
$700
Packages
5 classes 1 2
$178
7 classes
$245
10 classes
$340
Space Rental
Open Floor 4 5
$100
Private Training
Accessories
$175
TOTAL
$6,498
Revenue Assumptions for Month 1
Monthly increase in revenue of 1% and a growth rate in yearly expenses of 5%

2. Income Statement Operating expenses: Building Lease
Year 1
Year 2
Year 3
Revenues
$147,999
$238,996
$269,307
Expenses
110,813
102,991
108,427
Net Profit Before Taxes
$37,186
$136,005
$160,880
Operating expenses:
Building Lease
Equipment & Supplies
Major expenses: promotional fees & contracted labor

3. Balance sheet
Year 1
Year 2
Year 3
Total Assets
$52,953
$170,665
$315,458
Total Liabilities & Net Worth
Owner’s Equity of $5,000 & Long Term Debt of $9,026 with working capital of $4,500
Decrease in liabilities due to the repayment of Long Term Debt

4. Cash flows Positive cash flow each month
Year 1
Year 2
Year 3
Total Cash Received
$159,187
$238,996
$269,307
Total Cash Paid
$120,217
$121,241
$124,471
Change In Cash
$38,970
$117,756
$144,836
Positive cash flow each month
Data indicates sufficient inflows to survive the first year and beyond