Financial Projections/Forecast for Startup Business
Budget: $30 – $250 USD
I need a 5-year financial projection/forecast for a startup business based on the following numbers. We are a services only company and do not sell products.
1. 2022 project revenue $5,100,000 with a 10% increase over the next 4 years.
2. Total cost of goods sold for 2022 is $75,000. Same the next 4 years.
3. Payroll expense is $4,000,000 in 2022 with a 10% increase over the next 4 years.
4. 20% tax rate annually
5. General & Administrative Expense (G&A) is 3% annually
6. Sales & Marketing is $50,000 annually
7. Consultants is $100,000 annually
1. 2022 project revenue $5,100,000 with a 10% increase over the next 4 years.
2. Total cost of goods sold for 2022 is $75,000. Same the next 4 years.
3. Payroll expense is $4,000,000 in 2022 with a 10% increase over the next 4 years.
4. 20% tax rate annually
5. General & Administrative Expense (G&A) is 3% annually
6. Sales & Marketing is $50,000 annually
7. Consultants is $100,000 annually