FINAN 4233 SOSU DogTOWN Financial Statements Report & Excel Sheet

User Generated

VOZ_9

Business Finance

FINAN 4233

Southwestern Oklahoma State University

FINAN

Description

Apply the concepts we discussed from the third chapter of our text to the opening of DogTOWN.

How are these concepts relevant? How will an understanding of them they help us be more successful? For this chapter I expect to see some sort of proforma financial statements, even if they are based on MANY assumptions.

Try to be SPECIFIC, even if that requires making assumptions.

DogTOWN is the fictional business we will work with throughout the semester


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5/1/2020 DogTOWN: 2020SP Small Business Finance (FINAN-4233-5408) DogTOWN As decided in class together, throughout this semester we're going to apply the concepts we discuss to a fictional business called We are each entrepreneurs exploring the launch of this business and have identified the lot next to the Weatherford Walmart as the ideal location (it's pictured in the following images). https://swosu.instructure.com/courses/37241/pages/dogtown 1/5 5/1/2020 https://swosu.instructure.com/courses/37241/pages/dogtown DogTOWN: 2020SP Small Business Finance (FINAN-4233-5408) 2/5 5/1/2020 https://swosu.instructure.com/courses/37241/pages/dogtown DogTOWN: 2020SP Small Business Finance (FINAN-4233-5408) 3/5 5/1/2020 DogTOWN: 2020SP Small Business Finance (FINAN-4233-5408) DogTOWN is not a franchise (unless we're successful with it). It is similar to Dave and Busters (https://www.daveandbusters.com/) and Main Event (https://www.mainevent.com/) , though, the specific details are up to us to determine. Common elements at these kinds of facilities include video games, prize-based games, virtual reality gaming, photo booths, bowling, rock climbing, laser tag, pool, ropes courses, rock walls, trampolines, go-karts, bumper cars, restaurants, bars, party rooms, etc. Here's an example of what it might look inside DogTOWN (though we each have discretion to plan for a different implementation of this concept). https://swosu.instructure.com/courses/37241/pages/dogtown 4/5 5/1/2020 https://swosu.instructure.com/courses/37241/pages/dogtown DogTOWN: 2020SP Small Business Finance (FINAN-4233-5408) 5/5
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Explanation & Answer

Hey buddy here is the results. I chose the gaming business option. Kindly check it out

PRO FORMA INCOME STATEMENT FOR DOG TOWN COMPANY LIMITED
PROFIT AND LOSS PROJECTION

DOG TOWN COMPANY LIMITED
INCOME STATEMENT
AS AT 31st DECEMBER 2017 THROUGH TO 31st DECEMBER 2019
2017

2018

2019

700
$21
$14,700

1200
$21
$25,200

1600
$21
$33,600

Number of Gaming income
Average Weekly rate
Weekly Rental Total $

50
$71
$3,,550

90
$71
$6,390

120
$71
$8,520

Number of Gaming income
Average Monthly rate
Monthly Rentals Total $

8
$110
$880

14
$110
$1,540

18
$110
$1,980

Sales
Number of daily Gaming income
Average Daily rate(Adult/Child)
Daily Rental Total $

Total Sales $

$19,130

$33,130

$44,100

Cost of sales
Updating Gaming softwares
Gross Profit

$758
$18,372

$1,304
$31,826

$1,738
...


Anonymous
Really helped me to better understand my coursework. Super recommended.

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