3S Records
THE FINANCIAL PLAN
3S
has developed a sound, conservative financial plan that provides the founders,
investors and employees the opportunity to financially capitalize. The following paragraphs provide valuable details
and insight to the figures that comprise the plan.
- Achieve
overall positive cash flow within the first quarter of 2003.
- Obtain
required financing through private placements through 2002.
- Minimize
the aging of accounts receivable.
- Take
advantage of prompt payment discounts offered by vendors.
- Maintain
a net profit percentage of 25% beginning in 2003.
- Meet
or beat target budgets for project production, promotion and corporate overhead
expenses.
- Decrease
the manufacturing cost per unit (CDS) to under $1.00 through volume discounts.
- Meet
conservative projected sales targets.
- Fulfill
required judiciary responsibilities to investment partners.
- Provide
interest payments to holders of debentures (12.5%)
- Provide
13% dividend to investors holding preferred stock
- Position
the company to allow investment partners, founders and employees the opportunity
to financially capitalize on 3S’s
profitability.
- Maintain
balance sheet attractiveness for potential public financiers and investors
- Adhere
to typical industry financial ratios.
- Adhere
to all required federal and state laws in all aspects of the business.
- Institute
an employee profit sharing plan
E-Mail
me at BramigeB@hotmail.com