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Confidentiality Agreement

The undersigned reader acknowledges that the information provided by _______________ in this

business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of _______________.

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 _______________.

Upon request, this document is to be immediately returned to _______________.

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___________________ 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 .............................................................................................................................. 2

1.1 Objectives ........................................................................................................................................ 2

1.2 Mission............................................................................................................................................. 2

1.3 Keys to Success ............................................................................................................................... 2

2.0 Company Summary ........................................................................................................................... 3

2.1 Company Ownership .................................................................................................................... 3

2.2 Startup Summary ........................................................................................................................... 3

Table: Startup .................................................................................................................................... 3

Chart: Startup ................................................................................................................................... 4

3.0 Products and Services........................................................................................................................ 4

4.0 Market Analysis Summary ............................................................................................................... 5

4.1 Market Segmentation .................................................................................................................... 5

Table: Market Analysis .................................................................................................................... 6

Chart: Market Analysis (Pie) .......................................................................................................... 7

4.2 Target Market Segment Strategy ................................................................................................. 7

4.3 Service Business Analysis ............................................................................................................. 7

4.3.1 Competition and Buying Patterns ........................................................................................ 8

5.0 Web Plan Summary ........................................................................................................................... 8

5.1 Website Marketing Strategy ......................................................................................................... 8

5.2 Development Requirements ......................................................................................................... 8

6.0 Strategy and Implementation Summary ........................................................................................ 9

6.1 SWOT Analysis .............................................................................................................................. 9

6.1.1 Strengths ................................................................................................................................... 9

6.1.2 Weaknesses .............................................................................................................................. 9

6.1.3 Opportunities........................................................................................................................... 9

6.1.4 Threats ...................................................................................................................................... 9

6.2 Competitive Edge........................................................................................................................... 9

6.3 Marketing Strategy ...................................................................................................................... 10

6.4 Sales Strategy ................................................................................................................................ 10

6.4.1 Sales Forecast ......................................................................................................................... 10

Table of Contents

Page 2

Table: Sales Forecast .................................................................................................................. 11

Chart: Sales Monthly ................................................................................................................. 12

Chart: Sales by Year ................................................................................................................... 12

6.5 Milestones ..................................................................................................................................... 12

Table: Milestones ............................................................................................................................ 13

Chart: Milestones ........................................................................................................................... 13

7.0 Management Summary ................................................................................................................... 14

7.1 Personnel Plan .............................................................................................................................. 14

Table: Personnel ............................................................................................................................. 15

8.0 Financial Plan ................................................................................................................................... 16

8.1 Startup Funding ........................................................................................................................... 16

Table: Startup Funding.................................................................................................................. 16

8.2 Important Assumptions .............................................................................................................. 17

8.3 Break-even Analysis .................................................................................................................... 18

Table: Break-even Analysis .......................................................................................................... 18

Chart: Break-even Analysis .......................................................................................................... 18

8.4 Projected Profit and Loss ............................................................................................................ 19

Table: Profit and Loss .................................................................................................................... 19

Chart: Profit Monthly .................................................................................................................... 20

Chart: Profit Yearly ........................................................................................................................ 21

Chart: Gross Margin Monthly ...................................................................................................... 21

Chart: Gross Margin Yearly .......................................................................................................... 22

8.5 Projected Cash Flow .................................................................................................................... 23

Table: Cash Flow ............................................................................................................................ 23

Chart: Cash ...................................................................................................................................... 24

8.6 Projected Balance Sheet ............................................................................................................... 25

Table: Balance Sheet ....................................................................................................................... 25

8.7 Business Ratios ............................................................................................................................. 27

Table: Ratios .................................................................................................................................... 27

Table: Sales Forecast ................................................................................................................................ 1

Table: Personnel ....................................................................................................................................... 2

Table of Contents

Page 3

Table: Profit and Loss .............................................................................................................................. 3

Table: Cash Flow ...................................................................................................................................... 6

Table: Balance Sheet ................................................................................................................................. 9

Table of Contents

Page 1

My Business Plan

Page 1

1.0 Executive Summary

Enterslice LLP plans to become a leading provider of construction and renovation services in the

local area. The company's overall strategy will be based on a continuing improvement process

of setting objectives, measuring results, and providing feedback to facilitate further growth and progress.

TBC is a company, with principal offices located in the local area. The company's management

is highly experienced and qualified: the Enterslice LLP who will lead the management team have each accumulated over twenty five years of experience in the construction industry.

Products/Services

Through their years of experience, Enterslice LLP owners have developed sophisticated bidding,

scheduling and materials solutions for some of the most complex construction projects being

done today. The company will use versatile and completely adaptable methods for a variety of building configurations.

Owners, developers, construction managers, general contractors, and sub-contractors are

expected to realize substantial savings in labor and material costs by using the

company's construction methods and systems. Applications include commercial and residential

structures.

The Market

The housing industry has been growing at a fast pace for several years. An all-time record was

set in 1998, when 886,000 new-site single family homes were sold. That represented a 10%

gain from the robust total of 804,000 homes sold in 1997. Although there was a slight drop in

the number from 2003, this makes for an excellent opportunity for future expansion of the industry.

Twin Enterslice LLP Construction plans to rapidly develop marketing alliances with industry

leaders and pursue new sales of its services to residential and commercial builders. The

marketing strategy will focus on securing city, county, and state and federal government contracts.

TBC plans to use a direct sales force, relationship selling, and sub-contractors to reach its

target markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels.

Financial Considerations

We expect to pass the break-even point in the second half of the first year. Despite initial large

outlays in cash to promote sales, the company's cash account is expected to remain healthy.

The company expects approximately $772,000 in sales revenue and reasonable net profits by Year 3.

My Business Plan

Page 2

Chart: Highlights

1.1 Objectives

1. To have up to three construction projects established within the first year. 2. To have two building renovation projects in progress by the end of the first year. 3. To locate and purchase our first rental building by the end of the first year. 4. To achieve at least 7% profit by the second year.

1.2 Mission

Our mission is to be the best partner for our customers, suppliers and employees. To realize

our vision, we will strive for profitable growth, operational excellence, customer satisfaction and strong brand positioning.

1.3 Keys to Success

We believe our keys to success will be:

Using the most updated materials and equipment to assure quality construction projects for

ourselves and our customers. Educating the customers and providing valuable advice during the construction planning

stages. Helping to confirm customer's research about targeting markets and specific sectors. Overseeing the logistics associated with a project, which can include arranging local

transportation, booking meetings etc. Assigning the actual work to an experienced and qualified third-party contractors and sub-

contractors.

My Business Plan

Page 3

2.0 Company Summary

The Enterslice LLP will invest a total of $90,000 combined ($55,000 and $35,000) in the start-up of the company. Initial cash requirements will total $50,000. Start-up assets total $55,000.

2.1 Company Ownership

The company ownership will be shared by the Chairman and Chief Executive Officer in the

following percentage amounts:

Chairman = 60%

Chief Executive Officer = 40%

Both owners are veterans in the building industry, each with over 25 years experience.

2.2 Startup Summary

The following table describes our start-up requirements. One of our biggest start-up expenses

involves the creation of a website. Ongoing maintenance expenses for the website are included

in our Profit and Loss expenses section.

Table: Startup

Startup

Requirements

Startup Expenses Legal $2,000 Stationery etc. $100 Brochures $500 Consultants $2,000 Insurance $10,000 Rent (Deposit and 1st Month) $3,000 Work Equipment $6,000 Website Development $10,000 Other $1,400 Total Startup Expenses $35,000

Startup Assets Cash Required $50,000 Other Current Assets $5,000 Long-term Assets $0 Total Assets $55,000

Total Requirements $90,000

My Business Plan

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Chart: Startup

3.0 Products and Services

TBC will sell its services to clients in the area of commercial construction and renovation. The

company's staff will design specialized construction drawings that outline the schedule, work

sequence and the materials needed for building and renovation construction projects. Owners,

developers and general contractors will realize substantial savings in labor and material costs

by using Enterslice LLP customized performance methods. Enterslice LLP methods will

offer complete adaptability at cost-effective prices. The drawings that the company will furnish

to the contractor will specify the order of assembly and erection, including the location of the

strongbacks and joists, the location and actual loading of the ties, location of accessories and advise clients of the maximum allowable rate of concrete placement.

A longer-term service will be commercial building rental management. This will include the

purchase of commercial building sites or existing buildings that need renovation, coordinating

the construction/renovation, then managing the rental of the property. The company will also

be looking for existing property owners whose properties need renovation to update and

increase its income potential, with TBC eventually taking over the management of these properties on behalf of the owner.

To enter the market with minimum overhead costs, TBC plans to utilize in the first year of

operation mainly sub-contractors and independent experts for its building and renovation projects.

Accident prevention will be the cornerstone of Enterslice LLP safety commitment. The company

will strive to eliminate foreseeable hazards which could result in personal injury or illness; at TBC, health and safety will not be compromised.

My Business Plan

Page 5

4.0 Market Analysis Summary

There were about 792,000 construction companies in the United States in 2002: 237,000 were

building construction contractors; 60,000 were heavy and civil engineering construction or

highway contractors; and 496,000 were specialty trade contractors. Most of these

establishments tend to be small, the majority employing fewer than 10 workers. About 4 out of

5 workers are employed by small contractors.

Construction offers more opportunities than most other industries for individuals who want to

own and run their own business. The 1.6 million self-employed and unpaid family workers in

2002 performed work directly for property owners or acted as contractors on small jobs, such

as additions, remodeling, and maintenance projects. The rate of self-employment varies greatly

by individual occupation in the construction trades.

The local area is booming at this time, with many development projects running both by public

and by private sources. Overall business growth over the past seven years has averaged

approximately 9.5% and is expected to continue for at least the next several years. This

constitutes an attractive market for TBC. The company will be concentrating on office building

construction. This is the fastest growing segment of all the commercial clients requiring our

services. The other categories to serve will include building renovation along with a segment it calls the general category, to serve other potential commercial clients.

One longer-term field of operation for the company will be the selling of building material and

components to contractors. By slowly establishing itself as a first-rate material provider, the

company expects to broaden and strengthen its stance in the local building industry. Initially it

will focus on purchasing supplies for its own construction and renovation projects, then use

those completed projects as marketing examples to showcase the quality of materials used and

the customized approach used to design and construct them.

The company plans to develop marketing alliances with industry leaders and pursue new sales

of its services to commercial builders. The market strategy is to capitalize on the company's future alliances by securing city, county, and state government contracts.

TBC also plans to use a direct sales force, relationship selling, and sub-contractors to reach its

markets. These channels are most appropriate because of time to market, reduced capital

requirements, and fast access to established distribution channels.

4.1 Market Segmentation

The overall Construction Industry was segmented in 2002 as follows (employment in thousands):

Industry Employment Percent

Total, all industries 6,731.7 100.0

Construction of Buildings 1,583.8 23.5

Residential building 807.4 12.0

Nonresidential building construction 776.4 11.5

My Business Plan

Page 6

Special trade contractors 4,217.9 62.7

Building equipment contractors 1,842.5 27.4

Foundation, structure, & building exterior contractors 915.4 13.6

Building finishing contractors 879.5 13.1

Other specialty trade contractors 580.5 8.6

Highway, street, and bridge construction 344.4 5.1

Land subdivision 86.1 1.3

Other heavy and civil engineering construction 119.0 1.8

Special trade contractors 4,217.9 62.7

Building equipment contractors 1,842.5 27.4

Foundation, structure, & building exterior contractors 915.4 13.6

Building finishing contractors 879.5 13.1

Other specialty trade contractors 580.5 8.6

Source: U.S. Department of Labor, Bureau of Labor Statistics (March 9, 2004)

For the purpose of this paper we shall segment our initial targeted market as follows:

Office Building Construction Building Facilities Renovation General Construction

Table: Market Analysis

Market Analysis

2016 2017 2018 2019 2020

Potential Customers Growth CAGR

Office building construction 6% 2,517 4,027 4,268 4,524 4,795 17.48%

Building facilities renovation 3% 2,750 2,833 2,917 3,005 3,095 3.00%

General construction 3% 3,264 3,362 3,462 3,567 3,674 3.00%

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Total 7.90% 8,531 10,222 10,647 11,096 11,564 7.90%

Chart: Market Analysis (Pie)

4.2 Target Market Segment Strategy

4.3 Service Business Analysis

The construction industry is divided into three major segments. Construction of buildings

contractors, or general contractors, who build residential, industrial, commercial, and other

buildings. Heavy and civil engineering construction contractors who build sewers, roads,

highways, bridges, tunnels, and other projects. Specialty trade contractors who are engaged in specialized activities such as carpentry, painting, plumbing, and electrical work.

Construction usually is done or coordinated by general contractors, who specialize in one type

of construction, such as residential or commercial building. They take full responsibility for the

complete job, except for specified portions of the work that may be omitted from the general

contract. Although general contractors may do a portion of the work with their own crews, they often sub-contract most of the work to heavy construction or specialty trade contractors.

Specialty trade contractors usually do the work of only one trade, such as painting, carpentry,

or electrical work, or of two or more closely-related trades, such as plumbing and heating.

Beyond fitting their work to that of the other trades, specialty trade contractors have no

responsibility for the structure as a whole. They obtain orders for their work from general

contractors, architects, or property owners. Repair work is almost always done on direct order from owners, occupants, architects, or rental agents.

My Business Plan

Page 8

Twin Enterslice LLP Construction will concentrate its activity in the following areas:

Commercial Building Construction Commercial Building Renovation Buildings Management and Rental Building Materials Supplies

4.3.1 Competition and Buying Patterns

5.0 Web Plan Summary

Although TBC plans to use traditional advertising methods to reach potential customers, the

owners feel that the Internet has become a valuable resource for customers to find out about

the company and for the company to promote its services to prospective customers. The

construction industry was slower to join the Internet bandwagon compared to other types of

businesses. But now, many local contractors and building suppliers have websites.

The cost to create a website has been included in start-up costs, with website maintenance

costs included in our ongoing expenses. The initial website will have basic contact information

and background about the company owners. Later, it will show information about current

projects as well as completed projects as examples of what the company can do. Once the

building materials portion of the business is well established, the website will expand to include

an online store. At this point in the business plan, there are no estimates for the cost of this expansion and it will need to be researched and planned for more thoroughly at a later point.

It will take time before the initial cost outlay for the website will pay for itself in potential

customers, but once established, it will provide a cost-effective way to communicate to new and

existing customers.

We will mention our website address as part of our other advertising media.

5.1 Website Marketing Strategy

We hope to be able to secure links to our website from the local city and chamber of commerce websites as well as local construction-related websites that we can affiliate with.

5.2 Development Requirements

We will contract with a Website developer to initially design the look and information provided

on the website. Our initial cost for this design also includes the first six months of website

maintenance by the website developer. In October, we plan to hire a technician with experience in website maintenance to troubleshoot and maintain the Website internally.

Once the business has progressed, we will either increase this person's hours from temporary

to a full-time position, or we will hire a second temporary technical position to assist in the re-

design and expansion of the website. Our long-term goal is to have an online store for the sale

of building materials and components.

My Business Plan

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6.0 Strategy and Implementation Summary

TBC plans to use a direct sales force, relationship selling, and sub-contractors to reach its

target markets. These channels are most appropriate because of time to market, reduced

capital requirements, and fast access to established distribution channels. The owners of TBC

want to emphasize to their potential customers that they are more than general contractors,

they are complete construction coordinators.

TBC plans to advertise in magazines, newspapers, and radio. Initially a website with information

on the company owners, their construction background, and contact information will be

available online. References to the website will be mentioned in all other forms of advertising.

Channels used to reach market segments include: sales associates, the Internet and direct

mail.

In addition, The table and chart below outline the company's sales forecast for FY2005-2007. In our sales forecasts, the cost of sales includes only direct labor costs.

6.1 SWOT Analysis

6.1.1 Strengths

6.1.2 Weaknesses

6.1.3 Opportunities

6.1.4 Threats

6.2 Competitive Edge

The company plans to become a leading provider of construction services in the local area. To

achieve this, TBC will invest in many ways that will pay off in competitive advantages for its customers, for example:

Pre-job conferencing upon request Assist in technical or conceptual design Assist in supervision when other contractors are employed Organize project supervision facilities and staff Organize delivery of purchased materials

My Business Plan

Page 10

Furnishing after-market products

6.3 Marketing Strategy

Our marketing strategy is the key to our success:

1. Emphasize our name and unique services through advertising, including a Web page of

contact information. An amount of $10,000 for the design of the website has been included

in the Start-up expenses with ongoing maintenance costs estimated monthly. 2. Focus on commercial building and renovation projects as our initial and primary target

markets. 3. Use completed projects to showcase our customized construction project management to

prospective clients.

6.4 Sales Strategy

Sales success requires planning. The company will formulate its sales strategy and tactics to achieve sales success by following these steps:

Step 1 - Analyzing The Company's Potential: Step through a structured process to help us

develop a sales strategy.

Step 2 - Strategize Around Strengths: The description of sales activity will be analyzed to

produce a report on factors impacting sales potential and ways to strengthen this potential.

Step 3 - Develop Tactics: Receive guidance to develop a comprehensive tactical plan to achieve success.

Step 4 - Measure Our Past Success: Develop key measurements that mark the progress of financial estimates that guide our growth.

Final Step - Employ An Action Plan for Success: Provide sales force with a tactical plan that is aligned with management's strategic objectives.

6.4.1 Sales Forecast

The company will start its operation in the first year by focusing on two areas:

1. Direct construction work 2. Renovation of existing buildings

Starting later in the second year and continuing into the third year the following areas of

operation will be added:

Renting of Industrial Spaces Sale of components and other building materials and components

The following table details the forecasts.

My Business Plan

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Table: Sales Forecast

Sales Forecast

FY 2017 FY 2018 FY 2019

Sales

Direct Construction Projects $135,000 $175,000 $218,750

Building Renovations $123,000 $153,750 $192,188

Building Rentals $0 $75,000 $200,000

Sale of Components and Goods $0 $75,000 $150,000

Other $9,000 $10,000 $12,000

Total Sales $267,000 $488,750 $772,938

Direct Cost of Sales FY 2017 FY 2018 FY 2019

All construction work $54,000 $70,000 $87,500

Renovations $49,200 $61,500 $76,875

Rentals $0 $15,000 $40,000

Sale of Components and Goods $0 $30,000 $60,000

Other $9,000 $1,000 $1,200

Subtotal Direct Cost of Sales $112,200 $177,500 $265,575

My Business Plan

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Chart: Sales Monthly

Chart: Sales by Year

6.5 Milestones

The milestones table describes the steps required for the beginning of operations. Steps might

take longer than estimated, however the owners and the staff will do their utmost to adhere to this timetable.

My Business Plan

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Table: Milestones

Milestones

Milestone Start Date End Date Budget Manager Department

Establishing Permits 01-01-2005 15-01-2005 $500 Chairman Department

Establishing office 15-01-2005 20-01-2005 $500 CEO Department

Preparing Web Site 15-01-2005 15-02-2005 $1,000 Consultant Department

Purchasing work equipment 15-01-2005 25-02-2005 $6,000 CEO Department

Hiring staff 01-02-2005 01-03-2005 $0 Chairman@CEO Department

Purcase Initial Inventory 15-02-2005 25-03-2005 $20,000 Chairman&CEO Department

Receive Stock 01-03-2005 01-04-2005 $500 Staff Department

Start Operation 01-04-2005 30-04-2005 $0 Everybody Department

Totals $28,500

Chart: Milestones

My Business Plan

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7.0 Management Summary

The company's management philosophy will be based on responsibility and mutual

respect. Twin Enterslice LLP Construction will maintain an environment and structure that will encourage productivity and respect for customers and fellow employees.

TBC will be responsible to its employees and sub-contractors, the men and women who will

work with the company throughout the state. At TBC everyone will be considered as an

individual and the company will respect their dignity and recognize their merit. Employees will

be encouraged to have a sense of security and pride in their jobs. Additionally, employees will

be free to make suggestions and complaints. The company will afford equal opportunity for employment, development, and advancement for those qualified.

TBC employees will be committed to:

Providing a safe work environment to protect employees, the employees of customers and

sub-contractors, and the public. Supplying safe products for customers. Continuously improving the company's safety program to reduce the risk of accidents and

occupational illness in a changing work environment. Encouraging employees to participate in accident prevention programs and take personal

responsibility for their own and their co-workers' health and safety. Regulatory compliance and contribution to high safety standards for our industry. Monitoring workplaces, enforcing safe work practices, and communicating the company's

safety performance to employees and other stakeholders. Making safety a value-added service that the company provides to its customers.

The company is planning to expand its personnel to add more job superintendents as soon as

the number of projects increases. These superintendents will have the following duties:

Direct supervision of all work at the job sites:

Quality Control Scheduling sub-contractors and material deliveries Verifying and insuring that all work is done in accordance with plans Insuring that all work is performed in accordance with all OSHA guidelines

7.1 Personnel Plan

The personnel plan is based on the two owners to guide and oversee the operations that will be

managed by themselves. Having been in business for over 25 years, they have agreed to draw

very low salaries for the first two years to offset some of the initial expenses in starting the

business.

For the first year, the company will hire temporary and part-time employees and sub-contract

with consultants and construction professionals to perform the variety of tasks needed. Also,

our contracted construction personnel expenses are reflected in our Sales Forecast as cost of

sales, not part of our personnel table, since they will not be regular employees of the business.

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Table: Personnel

Personnel Plan

FY 2017 FY 2018 FY 2019

Chairman (Principal Owner) $18,000 $25,000 $60,000

CEO (Secondary Owner) $18,000 $25,000 $60,000

Office Clerk (Temporary Hire) $17,250 $32,000 $32,000

Foreman (Temporary Hire) $21,600 $42,000 $42,000

Technical Employee (Part-time) $9,000 $25,000 $25,000

Total People 5 7 8

Total Payroll $83,850 $149,000 $219,000

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8.0 Financial Plan

The Enterslice LLP have long-term experience in the local construction industry. They are willing

to invest heavily in this new company and their accumulated experience will insure success for

the new venture. It will be important to watch closely the salaries and regular expenses to assure that the company will not suffer from lack of sufficient cash to fund its operations.

1. We assume a conservative entrance and steady growth in the market. 2. We assume a slow financial progress based on initially conservative sales against highest

expenses. 3. We assume there will not be an economic crash that would greatly hinder our target

market's access to their personal luxury finds.

The following sections describe the financials for TBC:

8.1 Startup Funding

Table: Startup Funding

Startup Funding

Startup Expenses to Fund $35,000

Startup Assets to Fund $55,000

Total Funding Required $90,000

Assets

Non-cash Assets from Startup $5,000

Cash Requirements from Startup $50,000

Additional Cash Raised $0

Cash Balance on Starting Date $50,000

Total Assets $55,000

Liabilities and Capital

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Liabilities

Current Borrowing $0

Long-term Liabilities $0

Accounts Payable (Outstanding Bills) $0

Other Current Liabilities (interest-free) $0

Total Liabilities $0

Capital

Planned Investment

Owner 1 $55,000

Owner 2 $35,000

Other $0

Additional Investment Requirement $0

Total Planned Investment $90,000

Loss at Startup (Startup Expenses) ($35,000)

Total Capital $55,000

Total Capital and Liabilities $55,000

Total Funding $90,000

8.2 Important Assumptions

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8.3 Break-even Analysis

During the first year of operations, the break-even monthly sales volume is estimated as shown

below. Our average percent variable reflects our cost of sales which covers contracted construction payroll costs.

Table: Break-even Analysis

Break-even Analysis

Monthly Revenue Break-even $20,446

Assumptions:

Average Percent Variable Cost 42%

Estimated Monthly Fixed Cost $11,854

Chart: Break-even Analysis

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8.4 Projected Profit and Loss

Twin Enterslice LLP Construction is in the early stage of development, thus initial projections

have only been made based on the sales projections and efficient cost control measures in

place. Our first year monthly net profits will become positive by October, but we will still close

the year with negative profit. This is primarily because of personnel expenses, which include

salaries and the cost of sales for sub-contractors.

Table: Profit and Loss

Pro Forma Profit and Loss

FY 2017 FY 2018 FY 2019

Sales $267,000 $488,750 $772,938

Direct Cost of Sales $112,200 $177,500 $265,575

Other $0 $0 $0

Total Cost of Sales $112,200 $177,500 $265,575

Gross Margin $154,800 $311,250 $507,363

Gross Margin % 57.98% 63.68% 65.64%

Expenses

Payroll $83,850 $149,000 $219,000

Sales and Marketing and Other Expenses $7,500 $10,000 $0

Depreciation $0 $0 $0

Gasoline and oil $3,600 $3,750 $4,800

Telephone $1,500 $2,400 $3,500

Utilities $4,800 $11,250 $10,282

Insurance $9,000 $8,226 $24,000

Rent $7,478 $20,000 $25,000

Payroll Taxes $6,522 $0 $0

Website Maintenance & Support $4,200 $6,000 $9,375

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Consultants $6,000 $7,500 $9,000

Advertising $6,000 $1,980 $3,500

Misc. Other Expenses $1,800 $2,500 $267,127

Total Operating Expenses $142,250 $222,606 $575,584

Profit Before Interest and Taxes $12,550 $88,644 ($68,222)

EBITDA $12,550 $88,644 ($68,222)

Interest Expense $625 $7,500 $11,250

Taxes Incurred $3,578 $24,343 $0

Net Profit $8,348 $56,801 ($79,472)

Net Profit/Sales 3.13% 11.62% -10.28%

Chart: Profit Monthly

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Chart: Profit Yearly

Chart: Gross Margin Monthly

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Chart: Gross Margin Yearly

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8.5 Projected Cash Flow

We have set our initial Cash at $50,000 so that we have flexibility in handling any unexpected

changes in cash flow in the early months to cover expenses. The following table outlines are cash flow estimates.

Table: Cash Flow

Pro Forma Cash Flow

FY 2017 FY 2018 FY 2019

Cash Received

Cash from Operations

Cash Sales $267,000 $488,750 $772,938

Subtotal Cash from Operations $267,000 $488,750 $772,938

Additional Cash Received

Sales Tax, VAT, HST/GST Received $0 $0 $0

New Current Borrowing $0 $0 $0

New Other Liabilities (interest-free) $0 $0 $0

New Long-term Liabilities $75,000 $0 $75,000

Sales of Other Current Assets $0 $0 $0

Sales of Long-term Assets $0 $0 $0

New Investment Received $0 $0 $0

Subtotal Cash Received $342,000 $488,750 $847,938

Expenditures FY 2017 FY 2018 FY 2019

Expenditures from Operations

Cash Spending $83,850 $149,000 $219,000

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Bill Payments $152,974 $281,521 $604,604

Subtotal Spent on Operations $236,824 $430,521 $823,604

Additional Cash Spent

Sales Tax, VAT, HST/GST Paid Out $0 $0 $0

Principal Repayment of Current Borrowing $0 $0 $0

Other Liabilities Principal Repayment $0 $0 $0

Long-term Liabilities Principal Repayment $0 $0 $0

Purchase Other Current Assets $0 $0 $0

Purchase Long-term Assets $100,000 $0 $100,000

Dividends $0 $0 $0

Subtotal Cash Spent $336,824 $430,521 $923,604

Net Cash Flow $5,176 $58,229 ($75,667)

Cash Balance $55,176 $113,405 $37,738

Chart: Cash

My Business Plan

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8.6 Projected Balance Sheet

The following table outlines our Balance Sheet.

Table: Balance Sheet

Pro Forma Balance Sheet

FY 2017 FY 2018 FY 2019

Assets

Current Assets

Cash $55,176 $113,405 $37,738

Other Current Assets $5,000 $5,000 $5,000

Total Current Assets $60,176 $118,405 $42,738

Long-term Assets

Long-term Assets $100,000 $100,000 $200,000

Accumulated Depreciation $0 $0 $0

Total Long-term Assets $100,000 $100,000 $200,000

Total Assets $160,176 $218,405 $242,738

Liabilities and Capital FY 2017 FY 2018 FY 2019

Current Liabilities

Accounts Payable $21,828 $23,256 $52,061

Current Borrowing $0 $0 $0

Other Current Liabilities $0 $0 $0

Subtotal Current Liabilities $21,828 $23,256 $52,061

My Business Plan

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Long-term Liabilities $75,000 $75,000 $150,000

Total Liabilities $96,828 $98,256 $202,061

Paid-in Capital $90,000 $90,000 $90,000

Retained Earnings ($35,000) ($26,652) $30,149

Earnings $8,348 $56,801 ($79,472)

Total Capital $63,348 $120,149 $40,677

Total Liabilities and Capital $160,176 $218,405 $242,738

Net Worth $63,348 $120,149 $40,677

My Business Plan

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8.7 Business Ratios

The following Ratios table includes industry profile comparison ratios for Commercial and Office Building Contractors (Standard Industry Code #1542).

Table: Ratios

Ratio Analysis

FY 2017 FY 2018 FY 2019 Industry Profile

Sales Growth n.a. 83.05% 58.15% -3.57%

Percent of Total Assets

Other Current Assets 3.12% 2.29% 2.06% 39.87%

Total Current Assets 37.57% 54.21% 17.61% 91.45%

Long-term Assets 62.43% 45.79% 82.39% 8.55%

Total Assets 100.00% 100.00% 100.00% 100.00%

Current Liabilities 13.63% 10.65% 21.45% 34.87%

Long-term Liabilities 46.82% 34.34% 61.79% 15.42%

Total Liabilities 60.45% 44.99% 83.24% 50.29%

Net Worth 39.55% 55.01% 16.76% 49.71%

Percent of Sales

Sales 100.00% 100.00% 100.00% 100.00%

Gross Margin 57.98% 63.68% 65.64% 17.83%

Selling, General & Administrative Expenses 50.39% 31.80% 27.73% 7.07%

Advertising Expenses 4.95% 6.32% 5.54% 0.25%

Profit Before Interest and Taxes 4.70% 18.14% -8.83% 1.85%

My Business Plan

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Main Ratios

Current 2.76 5.09 0.82 2.34

Quick 2.76 5.09 0.82 1.12

Total Debt to Total Assets 60.45% 44.99% 83.24% 57.63%

Pre-tax Return on Net Worth 18.83% 67.54% -195.37% 4.01%

Pre-tax Return on Assets 7.45% 37.15% -32.74% 9.46%

Additional Ratios FY 2017 FY 2018 FY 2019

Net Profit Margin 3.13% 11.62% -10.28% n.a

Return on Equity 13.18% 47.28% -195.37% n.a

Activity Ratios

Accounts Payable Turnover 8.01 12.17 12.17 n.a

Payment Days 27 29 22 n.a

Total Asset Turnover 1.67 2.24 3.18 n.a

Debt Ratios

Debt to Net Worth 1.53 0.82 4.97 n.a

Current Liab. to Liab. 0.23 0.24 0.26 n.a

Liquidity Ratios

Net Working Capital $38,348 $95,149 ($9,323) n.a

Interest Coverage 20.08 11.82 -6.06 n.a

Additional Ratios

Assets to Sales 0.60 0.45 0.31 n.a

Current Debt/Total Assets 14% 11% 21% n.a

Acid Test 2.76 5.09 0.82 n.a

My Business Plan

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Sales/Net Worth 4.21 4.07 19.00 n.a

Dividend Payout 0.00 0.00 0.00 n.a

Appendix

Page 1

Table: Sales Forecast

Sales Forecast

Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

Sales

Direct Construction Projects 0% $0 $0 $0 $10,000 $10,000 $10,000 $15,000 $15,000 $15,000 $20,000 $20,000 $20,000

Building Renovations 0% $7,500 $7,500 $8,000 $8,000 $9,000 $9,000 $10,000 $10,000 $12,000 $12,000 $15,000 $15,000

Building Rentals 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Sale of Components and Goods 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other 0% $0 $0 $0 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000

Total Sales $7,500 $7,500 $8,000 $19,000 $20,000 $20,000 $26,000 $26,000 $28,000 $33,000 $36,000 $36,000

Direct Cost of Sales Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

All construction work 40% $0 $0 $0 $4,000 $4,000 $4,000 $6,000 $6,000 $6,000 $8,000 $8,000 $8,000

Renovations 40% $3,000 $3,000 $3,200 $3,200 $3,600 $3,600 $4,000 $4,000 $4,800 $4,800 $6,000 $6,000

Rentals 20% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Sale of Components and Goods 20% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other 10% $0 $0 $0 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000

Subtotal Direct Cost of Sales $3,000 $3,000 $3,200 $8,200 $8,600 $8,600 $11,000 $11,000 $11,800 $13,800 $15,000 $15,000

Appendix

Page 2

Table: Personnel

Personnel Plan

Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

Chairman (Principal Owner) 0% $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500

CEO (Secondary Owner) 0% $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500

Office Clerk (Temporary Hire) 0% $1,250 $1,250 $1,250 $1,250 $1,250 $1,250 $1,500 $1,500 $1,500 $1,750 $1,750 $1,750

Foreman (Temporary Hire) 0% $0 $0 $0 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400

Technical Employee (Part-time) 0% $0 $0 $0 $0 $0 $0 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500

Total People 3 3 3 4 4 4 5 5 5 5 5 5

Total Payroll $4,250 $4,250 $4,250 $6,650 $6,650 $6,650 $8,400 $8,400 $8,400 $8,650 $8,650 $8,650

Appendix

Page 3

Table: Profit and Loss

Pro Forma Profit and Loss

Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

Sales $7,500 $7,500 $8,000 $19,000 $20,000 $20,000 $26,000 $26,000 $28,000 $33,000 $36,000 $36,000

Direct Cost of Sales $3,000 $3,000 $3,200 $8,200 $8,600 $8,600 $11,000 $11,000 $11,800 $13,800 $15,000 $15,000

Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Cost of Sales $3,000 $3,000 $3,200 $8,200 $8,600 $8,600 $11,000 $11,000 $11,800 $13,800 $15,000 $15,000

Gross Margin $4,500 $4,500 $4,800 $10,800 $11,400 $11,400 $15,000 $15,000 $16,200 $19,200 $21,000 $21,000

Gross Margin % 60.00% 60.00% 60.00% 56.84% 57.00% 57.00% 57.69% 57.69% 57.86% 58.18% 58.33% 58.33%

Expenses

Payroll $4,250 $4,250 $4,250 $6,650 $6,650 $6,650 $8,400 $8,400 $8,400 $8,650 $8,650 $8,650

Sales and Marketing and Other Expenses $500 $500 $500 $500 $500 $500 $750 $750 $750 $750 $750 $750

Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Gasoline and oil $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300

Appendix

Page 4

Telephone $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125

Utilities $400 $400 $400 $400 $400 $400 $400 $400 $400 $400 $400 $400

Insurance $750 $750 $750 $750 $750 $750 $750 $750 $750 $750 $750 $750

Rent $1,500 $543 $543 $543 $543 $543 $543 $543 $543 $543 $543 $543

Payroll Taxes 15% $543 $543 $543 $543 $543 $543 $543 $543 $543 $543 $543 $544

Website Maintenance & Support $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350

Consultants $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500

Advertising 15% $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500

Misc. Other Expenses $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150

Total Operating Expenses $9,868 $8,912 $8,912 $11,312 $11,312 $11,312 $13,312 $13,312 $13,312 $13,562 $13,562 $13,562

Profit Before Interest and Taxes ($5,368) ($4,412) ($4,112) ($512) $88 $88 $1,688 $1,688 $2,888 $5,638 $7,438 $7,438

EBITDA ($5,368) ($4,412) ($4,112) ($512) $88 $88 $1,688 $1,688 $2,888 $5,638 $7,438 $7,438

Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $625

Taxes Incurred ($1,611) ($1,324) ($1,234) ($154) $26 $26 $506 $506 $866 $1,691 $2,231 $2,044

Net Profit ($3,758) ($3,088) ($2,878) ($358) $62 $62 $1,182 $1,182 $2,022 $3,947 $5,207 $4,769

Appendix

Page 5

Net Profit/Sales -50.11% -41.18% -35.98% -1.89% 0.31% 0.31% 4.54% 4.54% 7.22% 11.96% 14.46% 13.25%

Appendix

Page 6

Table: Cash Flow

Pro Forma Cash Flow

Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

Cash Received

Cash from Operations

Cash Sales $7,500 $7,500 $8,000 $19,000 $20,000 $20,000 $26,000 $26,000 $28,000 $33,000 $36,000 $36,000

Subtotal Cash from Operations $7,500 $7,500 $8,000 $19,000 $20,000 $20,000 $26,000 $26,000 $28,000 $33,000 $36,000 $36,000

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 $75,000

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

Appendix

Page 7

Subtotal Cash Received $7,500 $7,500 $8,000 $19,000 $20,000 $20,000 $26,000 $26,000 $28,000 $33,000 $36,000 $111,000

Expenditures Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

Expenditures from Operations

Cash Spending $4,250 $4,250 $4,250 $6,650 $6,650 $6,650 $8,400 $8,400 $8,400 $8,650 $8,650 $8,650

Bill Payments $234 $6,986 $6,348 $6,831 $12,728 $13,288 $13,393 $16,418 $16,457 $17,672 $20,461 $22,158

Subtotal Spent on Operations $4,484 $11,236 $10,598 $13,481 $19,378 $19,938 $21,793 $24,818 $24,857 $26,322 $29,111 $30,808

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 $100,000

Dividends $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Subtotal Cash Spent $4,484 $11,236 $10,598 $13,481 $19,378 $19,938 $21,793 $24,818 $24,857 $26,322 $29,111 $130,808

Appendix

Page 8

Net Cash Flow $3,016 ($3,736) ($2,598) $5,519 $622 $62 $4,207 $1,182 $3,143 $6,678 $6,889 ($19,808)

Cash Balance $53,016 $49,281 $46,683 $52,202 $52,824 $52,886 $57,093 $58,275 $61,418 $68,095 $74,984 $55,176

Appendix

Page 9

Table: Balance Sheet

Pro Forma Balance Sheet

Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

Assets Starting Balances

Current Assets

Cash $50,000 $53,016 $49,281 $46,683 $52,202 $52,824 $52,886 $57,093 $58,275 $61,418 $68,095 $74,984 $55,176

Other Current Assets $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000

Total Current Assets $55,000 $58,016 $54,281 $51,683 $57,202 $57,824 $57,886 $62,093 $63,275 $66,418 $73,095 $79,984 $60,176

Long-term Assets

Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $100,000

Accumulated Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $100,000

Total Assets $55,000 $58,016 $54,281 $51,683 $57,202 $57,824 $57,886 $62,093 $63,275 $66,418 $73,095 $79,984 $160,176

Liabilities and Capital Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

Current Liabilities

Appendix

Page 10

Accounts Payable $0 $6,774 $6,127 $6,407 $12,285 $12,845 $12,845 $15,871 $15,871 $16,992 $19,723 $21,405 $21,828

Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Other Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Subtotal Current Liabilities $0 $6,774 $6,127 $6,407 $12,285 $12,845 $12,845 $15,871 $15,871 $16,992 $19,723 $21,405 $21,828

Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $75,000

Total Liabilities $0 $6,774 $6,127 $6,407 $12,285 $12,845 $12,845 $15,871 $15,871 $16,992 $19,723 $21,405 $96,828

Paid-in Capital $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000

Retained Earnings ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000)

Earnings $0 ($3,758) ($6,846) ($9,725) ($10,083) ($10,021) ($9,960) ($8,778) ($7,596) ($5,575) ($1,628) $3,579 $8,348

Total Capital $55,000 $51,242 $48,154 $45,275 $44,917 $44,979 $45,040 $46,222 $47,404 $49,425 $53,372 $58,579 $63,348

Total Liabilities and Capital $55,000 $58,016 $54,281 $51,683 $57,202 $57,824 $57,886 $62,093 $63,275 $66,418 $73,095 $79,984 $160,176

Net Worth $55,000 $51,242 $48,154 $45,275 $44,917 $44,979 $45,040 $46,222 $47,404 $49,425 $53,372 $58,579 $63,348