Lovebytes Computer Dating Service

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Starting Financial Statements

November 1, 20xx

Cash Flow Analysis

Cash flow analysis is critically important for new business. Many do not start out with enough capital to cover operating expenses until their company becomes profitable. Others do not anticipate the delay in collecting accounts receivable after the trade shows. Lack of open houses and grand openings can negatively impact the cash flow of their ventures.
Cash Flow Estimate

Pertinent Data for Financials

Business Investment

The employees of the company are also the owners of the company. All Virtual Enterprise companies are S corporations, which means that the shares of stock are held only by company employees. Each member of the organization invest some of their own money: $5,000 by all managers and $1,000 for all others. The total of this initial investment is $41,000

Business Loan

The business loan is for equipment, furniture and fixtures and three month's of operating expenses, excluding salaries. The total of the load is $49,400. Equipment total is $10,500 and the furniture and fixture amount is $2,400.

Business Contract

The business contract is with the Virtual Enterprise Center. Our company will provide computer dates for all high school aged and college, single employees. The amount of $82,083.34 was determined by our salary expense