Financials

Golden Glow Naturals Capital Equipment and Startup Costs

Equipment Costs

  • Soap-making Equipment

    • Molds: $3,500.00 per unit (15 units) = $52,500.00

    • Mixing Tanks: $50,000.00 per unit (2 units) = $100,000.00

    • Cutting Tools: $8,000.00 per unit (6 units) = $48,000.00

    • Digital Scales: $1,300.00 per unit (3 units) = $3,900.00

    • Packaging Machines: $30,000.00 per unit (3 units) = $90,000.00

    • Curing Racks: $10,000.00 per unit (3 units) = $30,000.00

  • Safety Gear and Equipment

    • Gloves: $2,000.00 per unit (10 units) = $20,000.00

    • Goggles: $1,500.00 per unit (10 units) = $15,000.00

    • Masks: $3,500.00 per unit (10 units) = $35,000.00

    • Lab Coats: $5,000.00 per unit (5 units) = $25,000.00

  • Renovation of Workspace

    • Shelves: $13,000.00 per unit (8 units) = $104,000.00

    • Tables: $15,000.00 per unit (3 units) = $45,000.00

  • Technology and Software

    • Inventory Management Software: $30,000.00 (1 unit) = $30,000.00

    • Accounting Software: $40,000.00 (1 unit) = $40,000.00

  • Office Equipment

    • Desks: $40,000.00 per unit (3 units) = $120,000.00

    • Chairs: $10,000.00 per unit (5 units) = $50,000.00

    • Computers: $85,700.00 per unit (4 units) = $342,800.00

    • Printer (with scanner): $150,000.00 (1 unit) = $150,000.00

    • Cash Register: $35,000.00 per unit (2 units) = $70,000.00

Total Equipment Cost: $1,371,200.00

Startup Costs

  1. Capital Expenditure: $1,371,200.00

  2. Prepaid Expenses

    • Insurance: $450,000.00

    • Grand Opening Advertising: $50,000.00

    • Legal Fees: $30,000.00

    • Accounting Fees: $75,000.00

    • Employee Wages: $60,000.00

    • Total Prepaid Expenses: $665,000.00

  3. Deposits

    • Lease: $75,000.00

    • Tax: $55,000.00

    • Total Deposits: $130,000.00

  4. Building and Renovation Costs: $100,000.00

  5. Working Capital: $4,217,000.00

Total Startup Cost: $6,483,200.00

Funding Sources

  • Personal Funds: $3,600,000.00

    • Chadmar: $800,000.00

    • Gabrielle: $750,000.00

    • Dillan: $800,000.00

    • Javan: $650,000.00

    • Tyrese: $600,000.00

  • Family and Friends: $1,786,200.00

    • Family/Friend #1: $360,000.00

    • Family/Friend #2: $306,000.00

    • Family/Friend #3: $380,000.00

    • Family/Friend #4: $340,200.00

    • Family/Friend #5: $400,000.00

  • Bank/Credit Union Loans: $1,092,000.00

Grand Total: $6,478,200.00

Sales and Collections

Sales Budget (2025)

  • Monthly total sales forecast for various soap sizes with a projected total of $46,478,009.44

Schedule of Expected Collections

  • Detailed tracking of anticipated cash inflows from sales for every month from January to December totaling $80,936,314.95.

Financial Projections

Projected Cash Flows (2025)

  • Total Receipts: $79,097,402.65

  • Total Disbursements: $18,935,568.98

  • Cashflow: Shows a steady increase from -$69,000.00 in January to $7,772,944.46 in December.

Projected Income Statement (2025)

  • Total Income: $46,478,009.44 with various operating expenses leading to a net income of $5,016,764.72.

Balance Sheet Summary

  • Total Assets: $78,541,396.73

  • Total Liabilities: $1,222,000.00

  • Owner's Equity Total: $119,914,003.24

Break-even Analysis

  • Calculation shows that the entity needs to sell:

    • 4201 units of 2oz Soap

    • 1585 units of 4.5oz Soap

    • 1350 units of 8oz candles to cover fixed costs of $1,379,000.00

Return on Equity and Investment

  • Return on Equity (ROE): 649%

  • Return on Investment (ROI): 77.44%