Furniture Store Business Plan Example

BUSI NESS PL AN
[YEAR]
Furniture Store
Transforming furniture with creativity
John Doe
10200 Bolsa Ave, Westminster, CA, 92683
(650) 359-3153
info@upmetrics.co
https://upmetrics.co
Table of Contents
Executive Summary 4
Business Overview 5
Mission 5
Objectives 5
Success Factors 5
Financial Highlights 6
3 Year profit forecast 6
Chart 6
Business Summary 8
Ownership 9
Start-up Summary 9
Startup cost 10
Chart 10
Funding Required 10
Products and Services 12
Products and services 13
Market Analysis 14
Market Segmentation 15
Home Office 15
Small Office Managers 15
Large Office Purchase Managers 16
Marketing share 16
Chart 16
Target Market Segment Strategy 17
Industry Analysis 17
Competition and Buying Patterns 17
Strategy 18
Competitive Edge 19
Marketing Strategy 20
Sales Strategy 20
Sales Forecast 20
Sales Yearly 21
Chart 21
Detailed Sales Forecast 21
1 / 36
Milestones 22
Web Plan Summary 23
Website Marketing Strategy 24
Development Requirements 24
Management Plan 25
Personnel Plan 26
Financial Plan 27
Important Assumptions 28
Brake-even Analysis 28
Projected Profit and Loss 29
Profit Yearly 30
Chart 30
Gross Margin Yearly 30
Chart 30
Projected Cash Flow 31
Projected Balance Sheet 33
Business Ratios 34
2 / 36
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[YEAR ] Bus ines s Plan | Fur nitur e Stor e 3 / 36

1.
Executive Summary
Business Overview
Mission
Objectives
Success Factors
Financial Highlights

Before you think about how to start a furniture store service, you must create a
detailed furniture store business plan. It will not only guide you in the initial
phases of your startup but will also help you later on.
To unlock help try Upmetrics! 
Business Overview
Interio is a standard and registered furniture retail store business that will be
located in one of the busiest streets in Oklahoma City – Oklahoma. We have
been able to lease a facility that is big enough (a 15 thousand square foot
facility) to fit into the design of the kind of standard furniture retail store that we
intend launching and the facility is located in a corner piece directly opposite
Start Writing here...
Mission
Interio is a specialty ergonomic product retailer in both the local market and in
the online space. We aim to provide quality products to satisfy our customer's
desire to work in a healthy work environment that keeps them injury and pain-
free. Keeping our customers happy and solving their problems by providing
great products at an affordable price is our goal.
Objectives
Becoming profitable after six months of operation.

Be the market share leader of specialty ergonomic products in the local
market. There is no official measurement, but it should be relatively easy
to guess how our few competitors are doing.
To unlock help try Upmetrics!

Have our website be one of the top five websites for specialty ergonomic
Success Factors

Provide specialty products that can't be found at "large boxes" retailers
such as Office Max, Office Depot, Staples, Costco, Ikea, and others. We
want niche products that can't be found at these stores because we can't
compete with them on price.
Provide excellent customer service. It's difficult to find customers who
Financial Highlights
Interio has a conservative financial plan with low expenses, low payroll, and a
conservative sales forecast. Interio will always maintain a positive cash
balance while slowly growing the total cash and company net worth.
3 Year profit forecast
Sales Gross Margin Net Profit

15.00k
10.00k
5.00k
0
Year1 Year2 Year3
Financial Year Sales Gross Margin Net Profit
Year1 10000 500 6000
Year2 12000 800 8000
Year3 14000 1200 10000

FY 1 FY 2 FY 3 FY 4 FY 5
Revenue $1,080,000 $2,472,768 $2,830,825 $3,240,728 $3,709,986
Total Expenses $962,000 $1,539,107 $1,719,742 $1,901,321 $2,112,641
EBITDA $118,000 $933,661 $1,111,082 $1,339,407 $1,597,344
Depreciation $25,600 $25,600 $25,600 $25,600 $25,600
EBIT $92,400 $908,061 $1,085,482 $1,313,807 $1,571,744
Interest $29,946 $26,202 $22,459 $18,716 $14,973
Pre Tax Income $62,455 $881,858 $1,063,023 $1,295,091 $1,556,772
Income Tax Expense $21,859 $308,650 $372,058 $453,282 $544,870
Net Income $40,595 $573,208 $690,965 $841,809 $1,011,902
Number of locations 1 1 1 1 1
Average customers/day 20 22 23 25 27
Number of orders 3,600 7,776 8,398 9,070 9,796

2.
Business Summary
Ownership
Start-up Summary
Funding Required

Interio is a small business based in Oklahoma City, Oklahoma that sells
specialty ergonomic products to local businesses and home office workers
while also selling those products on their website online. The company is
operated out of the home of owners Lord Gabby Marcus. Their son Peter also
is part of the company.
Ownership
Interio is a private C corporation owned by Lord Gabby Marcus. They each own
50% of the company.
Start-up Summary
Interio will require total start-up expenses which include legal fees in setting up
the business, stationery, sales brochures and collateral, insurance, expensed
computer equipment, and a domain name.
To unlock
Lord Gabby Marcus will be providing the investment which help try the
will cover start- 
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up expenses while also leaving a cash reserve. We have no start-up liabilities

Startup cost
Amount
3.00k
2.00k
1.00k
0
Expenses Assets Investment
Cost distribution Amount
Expenses 1550
Assets 1800
Investment 2050
Funding Required
The detailed startup requirements and expenses are given in the table below.
Startup Expenses Amount
Legal $1,000
Stationery etc. $250
Brochures $1,000
Insurance $500
Expensed Equipment $1,000
Domain Name $75
TOTAL START-UP EXPENSES $3,825
Startup Assets
Cash Required $6,175
Other Current Assets $2,000

Startup Expenses Amount
Long-term Assets $0
TOTAL ASSETS $8,175
Total Requirements $12,000

3.
Products and
Services

Before starting a furniture store business, you must take many things into
consideration such as you must consider what types of furniture services will
you be providing to your customers. Deciding your services is extremely
important since it helps you plan other components of your business so make
sure to consider it before you think about how to start aTofurniture store
unlock help try Upmetrics! 
business.
Interio sells niche ergonomic products that are hard to find at standard office
furniture or office supply stores. Our primary products include:
Products and services
Chairs Workstations
 There is a large number of specialty

chairs that are built to solve various
 Computer and regular workstations
that are specially designed to be
physical problems caused by sitting ergonomically correct.
in an office chair all day. These
chairs aim to solve back, hip, leg,
neck, shoulder, arm, and wrist
problems.
Computer Accessories Document Holders
 Special mice, keyboards, glare

screens, keyboard trays, wrist rests,
 Copy holders to allow the head to
stay looking up at eye level.
monitor supports, and other
computer accessories.
Foot Rests Lighting
 A proper foot rest complements an

ergonomic chair for better posture
 Various types of lighting to make
things easier on the eyes while
alignment. working.
Back/Arm/Wrist Supports Headsets/Microphones
 Various supports for various

reasons.
 For phone-related problems.

4.
Market Analysis
Market Segmentation
Target Market Segment Strategy
Industry Analysis

The most important component of an effective furniture store business plan is
its accurate marketing analysis. If you are starting on a smaller scale, you can
do marketing analysis yourself by taking help from this furniture store business
plan sample or other furniture store business plans available online.
As computer and office jobs get more and more common, the general working
population will experience more health problems caused by improper office
working environments. It may be it's their wrists aching from typing, their back
hurting from their chair being bad, or their eyes damaged from staring at a
computer screen. Ergonomic products focus on solvingTothese problems.
Market Segmentation
We have broken down our target market into the following categories:
This segment is the huge market of people running businesses from their
homes. We estimate there to be about 20,000,000 home office businesses in
the United States, with about a 5% growth rate. Since we can reach the whole
United States with our website, we can, potentially, reach the entire market.
Home Office
Start writing here...
The small office market is also quite large, with a 5% growth rate. Most of
these businesses have office workers who would be in need of ergonomic
products.
Small Office Managers


This market segment is much smaller in size but has huge potential for sales
as purchase managers usually make bulk buying decisions for multiple
workers. It has a slower 2% growth rate due to fewer large businesses being
created.
Large Office Purchase Managers

Marketing share
Home Office: 40.0 %

Large Office Purchase Managers: 45.0 %
Small Office Managers: 15.0 %
Segments Market share
Home Office 40
Small Office Managers 15
Large Office Purchase Managers 45
Potential
Growth YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Customers
Home Office 5% 20,000,00 21,000,00 22,050,00 23,152,50 24,310,12
Small Office
5% 2,000,000 2,100,000 2,205,000 2,315,250 2,431,013
Managers
Large Business
Purchase 2% 500,000 510,000 520,200 530,604 541,216
Managers
Total 4.94% 22,500,00 23,610,0 24,775,20 25,998,35 27,282,35

Target Market Segment Strategy
The following are our market segments along with our reasoning for targeting
each segment:
Home Office - This segment is very large, and because most home offices
Tothese
now involve people spending long hours on a computer, unlock people are prime
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targets for needing ergonomic equipment. Since these offices are also in their
Industry Analysis
The ergonomic industry is growing by leaps and bounds. As the use of

computers increases in offices, people are experiencing lots of health problems
from the repetitious use of computers all day long. The ailments can really
vary, but knowledge of ergonomic products is growing as people realize these
problems exist.
People shopping for ergonomic products choose their retailer based on the
following criteria:
Product selection: They want to work with a company that provides a number
To unlock
of ergonomic products to choose from, including competing help try Upmetrics! 
brands.
Competition and Buying Patterns


5.
Strategy
Competitive Edge
Marketing Strategy
Sales Strategy
Milestones

After identifying the market demand, market trends, and the potential
customers of the startup, the next step is to define an effective strategy for
attracting those customers. Like marketing analysis, sales strategy is also an
important component of a furniture store business startup and must be properly
planned before you think about starting your own furniture storehelp
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The primary strategies of Interio are:
Sell niche ergonomic products that are hard to find in normal sales
channels and usually take some education to understand and use.
Educate our customers and nurture relationships with them by providing 
To unlock help try Upmetrics!
Competitive Edge
The primary competitive edge of Interio is our product selection and how we
educate our customers. We carry hard-to-find products that solve specific
ergonomic needs. These are products you can't find at local office furniture
stores or superstores such as Office Depot, Staples, etc. These products are
only carried by a few ergonomic specialty retailers bothTolocally and online. In

Marketing Strategy
Our marketing strategy has two categories that both hit our three target
markets:
Local Marketing Strategy - We intend to hit our three target markets locally
"the old-fashioned way." To unlock help try Upmetrics! 
Sales Strategy
Our sales strategy is broken down into two different areas:
Local Sales - We will sell to local customers and employ a traditional local
business sales strategy. Lord Gabby Marcus will be our primary salesman, and
To unlock
he'll work in a normal fashion of calling on local businesses andhelp them
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informing
about our company and our products. Mr. Wilson will also join local business
The Sales Forecast table outlines sales and cost projections for our four
product groups. We expect to be able to sell products in the first month due to
the relationships we already have with customers who have agreed to
purchase our products. As our name grows in the local community and as our
website gets more links and better search placement online we feel our sales
Sales Forecast

Sales Yearly
Chairs Computer Accessories Workstations Other

2.00M
1.50M
1.00M
500.00k
0
Year1 Year2 Year3
Financial Year Chairs Computer Accessories

… Workstations Other
Year1 158745 895665 78451 5000
Year2 164548 1004512 78542 7845
Year3 186541 1245587 89561 9845
Detailed Sales Forecast

Detailed sales forecast data is provided in below table:
SALES FORECAST YEAR 1 YEAR 2 YEAR 3
Chairs $79,161 $94,993 $113,992
Computer Accessories $11,601 $13,921 $16,705
Workstations $29,002 $34,802 $41,762
Other $19,790 $23,748 $28,498
TOTAL SALES $139,554 $167,464 $200,957
Direct Cost of Sales Year 1 Year 2 Year 3
Chairs $39,581 $41,560 $43,638
Computer Accessories $5,800 $6,091 $6,395
Workstations $14,501 $15,226 $15,987
Other $9,895 $10,390 $10,910
Subtotal Direct Cost of Sales $69,777 $73,266 $76,929

Milestones
The accompanying table is a list of our initial milestones for the launch of Interio. It lists the actual
milestone, the date that we start working on the milestone, the date the milestone should be
accomplished, the employee in charge, and the department. We are not rushed to get this business
going, but we still feel it's crucial to hit our milestones on time to get the business going before the slow
summer season hits. We'd like to use the summer season to fine-tune our website and make sure our
relationships with our manufacturers are all solid and working well.
Milestone Start Date End Date Budget Manager Department
Corporation Formed 1/4/2002 1/15/2002 $1,000 Jake Executive
Product Selection Finalized 1/1/2002 2/1/2002 $0 Jake and Mira Executive
Website 1/1/2002 2/15/2002 $75 Peter Web
Search Engine Submissions 2/15/2002 3/1/2002 $500 Peter Web
Link Campaign 3/1/2002 3/15/2002 $0 Peter Web
Affiliate Program Launch 4/1/2002 4/15/2002 $0 Peter Web
Business Groups Joined 4/1/2002 4/1/2002 $0 Jake and Mira Executive
Cold Calls Launch 4/1/2002 4/1/2002 $0 Jake Sales
Totals $1,575

6.
Web Plan Summary

Website Marketing Strategy
Development Requirements

The Interio' website will be more than just a brochure for our local business, it
will be a huge sales channel in the online world.
The focus of our site will be a combination of a store for our products and an
ergonomic educational resource.
Website Marketing Strategy
Our overall online marketing strategy falls into the following strategies:
Search Engines - We will be paying for listings in the paid inclusion engines
as well as submitting to free engines like Google. Peter Wilson is an expert in
this field and he will be designing our site from the startTotounlock
havehelp built 
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keywords
into the copy and give the site an overall search-engine friendly design.
Development Requirements
The development of the Interio website will start on January 1st of 2002. The
estimated finish date of the website will be February 15, 2002. Peter Wilson will
be developing all aspects of the website.
Front End - The front end of the website is the graphicTouser

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and
interface that will be designed by Peter Wilson. The design will be simple with

7.
Management Plan
Personnel Plan

The management plan is also an important component of a furniture store
business plan since it gives you an estimate of the staff required for your
startup as well as the costs incurred on their salaries. So, make sure to duly
consider it before thinking about how to start an auto detailing business. The
management plan of the furniture store is as follows. To unlock help try Upmetrics! 
Interio is owned and managed by Lord Gabby Marcus. The only other
employee is our manager of the website, Peter Wilson. We don't initially plan
on hiring any additional employees, but there is a possibility of adding a local
salesperson in the future.
Lord Gabby Marcus - Jake has over 30 years of experience in the office
Personnel Plan
The accompanying Personnel Table explains the salaries of the three employees of Interio. Lord
Gabby Marcus will not be taking salaries until the business has sales up and running in the middle of
the year. Peter will be paid a modest salary for his part-time work from the start and will remain
consistent at that level until 2003 when he will see a slight rise. Lord Gabby Marcus will also see a rise
in 2003 when the business has reached a high enough level of sales to make that possible.
PERSONNEL PLAN YEAR 1 YEAR 2 YEAR 3
Lord Gabby Marcus $21,000 $36,000 $36,000
Mira Wilson $21,000 $36,000 $36,000
Peter Wilson $12,000 $12,000 $20,000
TOTAL PEOPLE 3 3 3
Total Payroll $54,000 $84,000 $92,000

8.
Financial Plan
Important Assumptions
Brake-even Analysis
Projected Profit and Loss
Projected Cash Flow
Projected Balance Sheet
Business Ratios

The last component of a furniture store business plan is an in-depth financial
plan. The financial plan crafts a detailed map of all the expenses needed for the
startup and how these expenses will be met by the earned profits. It is
recommended that you use our financial planning tool for guiding you through
all financial aspects needed to be considered for startingTo a furniture
unlock store
help try Upmetrics! 
business.
The financial plan of Interio is very simple and conservative. We aim to keep
our expenses low while growing sales very slowly and under control. Because
we don't have any major expenditures to make, we don't need to have huge
amounts of cash on hand. We just need enough to pay our bills and our salary
and provide additional cushion to our account.
Important Assumptions
The financial projections of the company are forecast on the basis of the following assumptions. These
assumptions are quite conservative and are expected to show deviation but to a limited level such that
the company’s major financial strategy will not be affected.
Year 1 Year 2 Year 3
Plan Month 1 2 3
Current Interest Rate 10,00% 11,00% 12,00%
Long-term Interest Rate 10,00% 10,00% 10,00%
Tax Rate 26,42% 27,76% 28,12%
Other 0 0 0
Brake-even Analysis
Monthly Units Break-even 5530
Monthly Revenue Break-even $159 740
Assumptions:
Average Per-Unit Revenue $260,87
Average Per-Unit Variable Cost $0,89
Estimated Monthly Fixed Cost $196 410

Projected Profit and Loss
Year 1 Year 2 Year 3
Sales $309 069 $385 934 $462 799
Direct Cost of Sales $15 100 $19 153 $23 206
Other $0 $0 $0
TOTAL COST OF SALES $15 100 $19 153 $23 206
Gross Margin $293 969 $366 781 $439 593
Gross Margin % 94,98% 94,72% 94,46%
Expenses
Payroll $138 036 $162 898 $187 760
Sales and Marketing and Other Expenses $1 850 $2 000 $2 150
Depreciation $2 070 $2 070 $2 070
Leased Equipment $0 $0 $0
Utilities $4 000 $4 250 $4 500
Insurance $1 800 $1 800 $1 800
Rent $6 500 $7 000 $7 500
Payroll Taxes $34 510 $40 726 $46 942
Other $0 $0 $0
Total Operating Expenses $188 766 $220 744 $252 722
Profit Before Interest and Taxes $105 205 $146 040 $186 875
EBITDA $107 275 $148 110 $188 945
Interest Expense $0 $0 $0
Taxes Incurred $26 838 $37 315 $47 792
Net Profit $78 367 $108 725 $139 083
Net Profit/Sales 30,00% 39,32% 48,64%

Profit Yearly
Profit
15.00k
10.00k
5.00k
0
Year1 Year2 Year3
Financial Year Profit
Year1 10000
Year2 12000
Year3 14000
Gross Margin Yearly
Gross Margin
15.00k
10.00k
5.00k
0
Year1 Year2
Financial Year Gross Margin
Year1 10000
Year2 12000

Projected Cash Flow
Cash Received Year 1 Year 2 Year 3
Cash from Operations
Cash Sales $40 124 $45 046 $50 068
Cash from Receivables $7 023 $8 610 $9 297
SUBTOTAL CASH FROM OPERATIONS $47 143 $53 651 $59 359
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 $0 $0 $0
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 $47 143 $53 651 $55 359
Expenditures from Operations
Cash Spending $21 647 $24 204 $26 951
Bill Payments $13 539 $15 385 $170 631
SUBTOTAL SPENT ON OPERATIONS $35 296 $39 549 $43 582
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 $0 $0 $0
Dividends $0 $0 $0
SUBTOTAL CASH SPENT $35 296 $35 489 $43 882
Net Cash Flow $11 551 $13 167 $15 683

Cash Received Year 1 Year 2 Year 3
Cash Balance $21 823 $22 381 $28 239

Projected Balance Sheet
Assets Year 1 Year 2 Year 3
Current Assets
Cash $184 666 $218 525 $252 384
Accounts Receivable $12 613 $14 493 $16 373
Inventory $2 980 $3 450 $3 920
Other Current Assets $1 000 $1 000 $1 000
TOTAL CURRENT ASSETS $201 259 $237 468 $273 677
Long-term Assets
Long-term Assets $10 000 $10 000 $10 000
Accumulated Depreciation $12 420 $14 490 $16 560
TOTAL LONG-TERM ASSETS $980 $610 $240
TOTAL ASSETS $198 839 $232 978 $267 117
Current Liabilities
Accounts Payable $9 482 $10 792 $12 102
Current Borrowing $0 $0 $0
Other Current Liabilities $0 $0 $0
SUBTOTAL CURRENT LIABILITIES $9 482 $10 792 $12 102
Long-term Liabilities $0 $0 $0
TOTAL LIABILITIES $9 482 $10 792 $12 102
Paid-in Capital $30 000 $30 000 $30 000
Retained Earnings $48 651 $72 636 $96 621
Earnings $100 709 $119 555 $138 401
TOTAL CAPITAL $189 360 $222 190 $255 020
TOTAL LIABILITIES AND CAPITAL $198 839 $232 978 $267 117
Net Worth $182 060 $226 240 $270 420

Business Ratios
Year 1 Year 2 Year 3 Industry Profile
Sales Growth 4,35% 30,82% 63,29% 4,00%
Percent of Total Assets
Accounts Receivable 5,61% 4,71% 3,81% 9,70%
Inventory 1,85% 1,82% 1,79% 9,80%
Other Current Assets 1,75% 2,02% 2,29% 27,40%
Total Current Assets 138,53% 150,99% 163,45% 54,60%
Long-term Assets -9,47% -21,01% -32,55% 58,40%
TOTAL ASSETS 100,00% 100,00% 100,00% 100,00%
Current Liabilities 4,68% 3,04% 2,76% 27,30%
Long-term Liabilities 0,00% 0,00% 0,00% 25,80%
Total Liabilities 4,68% 3,04% 2,76% 54,10%
NET WORTH 99,32% 101,04% 102,76% 44,90%
Percent of Sales
Sales 100,00% 100,00% 100,00% 100,00%
Gross Margin 94,18% 93,85% 93,52% 0,00%
Selling, General & Administrative Expenses 74,29% 71,83% 69,37% 65,20%
Advertising Expenses 2,06% 1,11% 0,28% 1,40%
Profit Before Interest and Taxes 26,47% 29,30% 32,13% 2,86%
Main Ratios
Current 25,86 29,39 32,92 1,63
Quick 25,4 28,88 32,36 0,84
Total Debt to Total Assets 2,68% 1,04% 0,76% 67,10%
Pre-tax Return on Net Worth 66,83% 71,26% 75,69% 4,40%
Pre-tax Return on Assets 64,88% 69,75% 74,62% 9,00%
Additional Ratios
Net Profit Margin 19,20% 21,16% 23,12% N.A.
Return on Equity 47,79% 50,53% 53,27% N.A.

Year 1 Year 2 Year 3 Industry Profile
Activity Ratios
Accounts Receivable Turnover 4,56 4,56 4,56 N.A.
Collection Days 92 99 106 N.A.
Inventory Turnover 19,7 22,55 25,4 N.A.
Accounts Payable Turnover 14,17 14,67 15,17 N.A.
Payment Days 27 27 27 N.A.
Total Asset Turnover 1,84 1,55 1,26 N.A.
Debt Ratios
Debt to Net Worth 0 -0,02 -0,04 N.A.
Current Liab. to Liab. 1 1 1 N.A.
Liquidity Ratios
Net Working Capital $120 943 $140 664 $160 385 N.A.
Interest Coverage 0 0 0 N.A.
Additional Ratios
Assets to Sales 0,45 0,48 0,51 N.A.
Current Debt/Total Assets 4% 3% 2% N.A.
Acid Test 23,66 27,01 30,36 N.A.
Sales/Net Worth 1,68 1,29 0,9 N.A.
Dividend Payout 0 0 0 N.A.

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Furniture Store Business Plan Example

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BUSI NESS PL AN

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Becoming profitable after six months of operation.

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3 Year profit forecast

Sales Gross Margin Net Profit

Financial Year Sales Gross Margin Net Profit

Year1 10000 500 6000

Year2 12000 800 8000

Year3 14000 1200 10000

[YEAR ] Bus ines s Plan | Fur nitur e Stor e 6 / 36

Revenue $1,080,000 $2,472,768 $2,830,825 $3,240,728 $3,709,986

Total Expenses $962,000 $1,539,107 $1,719,742 $1,901,321 $2,112,641

EBITDA $118,000 $933,661 $1,111,082 $1,339,407 $1,597,344

Depreciation $25,600 $25,600 $25,600 $25,600 $25,600

EBIT $92,400 $908,061 $1,085,482 $1,313,807 $1,571,744

Interest $29,946 $26,202 $22,459 $18,716 $14,973

Pre Tax Income $62,455 $881,858 $1,063,023 $1,295,091 $1,556,772

Income Tax Expense $21,859 $308,650 $372,058 $453,282 $544,870

Net Income $40,595 $573,208 $690,965 $841,809 $1,011,902

Number of orders 3,600 7,776 8,398 9,070 9,796

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Cost distribution Amount

Startup Expenses Amount

Stationery etc. $250

Expensed Equipment $1,000

Domain Name $75

TOTAL START-UP EXPENSES $3,825

Cash Required $6,175

Other Current Assets $2,000

[YEAR ] Bus ines s Plan | Fur nitur e Stor e 10 / 36

TOTAL ASSETS $8,175

Total Requirements $12,000

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