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How to figure finanials help please

 
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MacRP

posts: 7

Jun 01, 2009 1:14 PM ET    Quote  Report Abuse
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What I am really looking for is list of the financials one would generally use and the order that one would generally find them out and how to find each one out.

Searching and I find individual topics (profit margin) and such.  But I am looking for the overall picture and flow.

I have my BP about 80% done.  I am to the point of all the profits, rev, margins, etc.  My business will be an online sales.  I will sell ~5% of product @ ~$4 per item, ~20% ~$14, and 5% ~$50.

I have figured my yearly volume at an avg selling price is $6.

Say $5,000,000 in revenue.

24% mark up.

Now???
MacRP

posts: 7

Jun 01, 2009 1:49 PM ET    Quote  Report Abuse
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OK.  So...
 
Revenue
- Discounts & Deductions
= Net Revenue
 
- Cost of Goods Sold
= Gross Income or `Gross Margin` or `Gross Profit`
 
- Expenses
=Net Income
 
-Taxes
=Net Profit After Taxes
 
MacRP6/1/2009 3:29 PM
mfackrell

posts: 227

Jun 07, 2009 9:59 AM ET    Quote  Report Abuse
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You need to present at least three statement for any business plan
 
Income Statement
Balance Sheet
Cash Flow
 
It is also never a bad idea to include sales data, overhead analysis, costing data. Anything that provides a more clear financial picture is helpful.
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