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Summary Revenue Forecast Week 2.docx FIN/575 Revenue Forecast Paper FIN/575 Revenue Forecast Paper This paper will be a comprehensive five-year financial plan for the small business Kims Charter Fishing. It will include an income statement, balance sheet, and $7.49   Add to cart

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Summary Revenue Forecast Week 2.docx FIN/575 Revenue Forecast Paper FIN/575 Revenue Forecast Paper This paper will be a comprehensive five-year financial plan for the small business Kims Charter Fishing. It will include an income statement, balance sheet, and

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Revenue Forecast Week FIN/575 Revenue Forecast Paper FIN/575 Revenue Forecast Paper This paper will be a comprehensive five-year financial plan for the small business Kims Charter Fishing. It will include an income statement, balance sheet, and cash flow statement. It will have requisite assum...

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  • March 18, 2021
  • 3
  • 2020/2021
  • Summary
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FIN/575

Revenue Forecast Paper

FIN/575




Revenue Forecast Paper




This paper will be a comprehensive five-year financial plan for the small business

Kim’s Charter Fishing. It will include an income statement, balance sheet, and cash flow

statement. It will have requisite assumptions about the dollar values to be budgeted and

explanations of what assumptions I used to come up with the revenue, and how the revenue

will be adjusted for the next four years. I will provide explanations on how I came up with

the cost of goods sold and expenses for the first years with explanations of how I came up

with the calculations.



Kim’s Charter
Fishing



Five Year Revenue Forecast (in thousands)

Year 1 Year 2 Year 3 Year 4 Year 5

Total Revenue 20,000.00 21,500.00 30,000.00 35,000.00 40,500.00

Cost of Goods Sold 10,000.00 11,500.00 15,000.00 20,000.00 25,000.00

Gross Margin 50% 47% 50% 43% 38%

Operating Expenses 6000.00 8000.00 10,000.00 11,000.00 12,000.00

Profit (Loss) Before Taxes 14,000.00 13,500.00 20,000.00 24,000.00 28,500.00



The revenue for Kim’s Charter Fishing in the first year is money that was acquired through

investments, charters completed, and boat rentals. The company will grow as more

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