Small Business Financial Plan Project Lele Tea Sho

Small Business Financial Plan ProjectLele Tea Shop CompanyNameTutor’s Name10/07/2016Lele Tea Shop Company: Small Business Financial Plan ProjectAssumptionsFunds raised for expansion plan will go into leasehold improvements, furniture and fixtures, equipment and working capital.Stock of teas and ingredients including pastries and bakery products should be no more than 40 percent of projected sales.Rent expense is to be no more than 15 percent of projected sales.The owners are willing to invest an additional $75,000 for expansion into 20 new neighborhoods. Investment will cover the followingRent, lease improvements and build-out costs for locations. Funds generated from the business will be re-invested as it is generated. Teashop equipment including a top of the line tea-brewing machine, blenders, gourmet teapots and a refrigeratorStock of teas, drink ingredients and accompaniments such as pastries, muffins and bakery productsOperational expenses, including business insurance, supplies (napkins, stir sticks, porcelain cups), licenses and permits, office supplies, utilities, advertising, and repairs and maintenance.1) Balance sheet (historic and one-year pro forma projections)Lele Tea Shop Company Actual and Proforma Balance Sheet