The document shows projected monthly income and expenses for a new business over its first year. It projects that the business will have $25,000 in starting cash and no income for the first 5 months. Expenses of $25,000 per month will result in a loss of $25,000 each month for the first 5 months, drawing down available cash to $0. In months 6-12, income of $25,000 per month is projected, but expenses remain steady at $25,000 per month, resulting in break-even each month. By the end of the first year, available cash remains at $25,000.
The document shows projected monthly income and expenses for a new business over its first year. It projects that the business will have $25,000 in starting cash and no income for the first 5 months. Expenses of $25,000 per month will result in a loss of $25,000 each month for the first 5 months, drawing down available cash to $0. In months 6-12, income of $25,000 per month is projected, but expenses remain steady at $25,000 per month, resulting in break-even each month. By the end of the first year, available cash remains at $25,000.
The document shows projected monthly income and expenses for a new business over its first year. It projects that the business will have $25,000 in starting cash and no income for the first 5 months. Expenses of $25,000 per month will result in a loss of $25,000 each month for the first 5 months, drawing down available cash to $0. In months 6-12, income of $25,000 per month is projected, but expenses remain steady at $25,000 per month, resulting in break-even each month. By the end of the first year, available cash remains at $25,000.
The document shows projected monthly income and expenses for a new business over its first year. It projects that the business will have $25,000 in starting cash and no income for the first 5 months. Expenses of $25,000 per month will result in a loss of $25,000 each month for the first 5 months, drawing down available cash to $0. In months 6-12, income of $25,000 per month is projected, but expenses remain steady at $25,000 per month, resulting in break-even each month. By the end of the first year, available cash remains at $25,000.
Federal Deposit Insurance Corporation v. Prince George Joint Venture, a Texas Joint Venture Prince George Corporation, a South Carolina Corporation, and First Stockton Partners, a Texas Joint Venture First Stockton Service Corporation, Co-Partners of First Stockton Partners, a Texas Joint Venture Cove Partners B, Limited Lucille v. Pate, 993 F.2d 1536, 1st Cir. (1993)