This movie shows an approach to making financial projections for the next two years

1. Projections

2. Projections
•Listening
•Diverse group
•Words
•More words
•No hard figures
•Last minute
Just figures

3. Projections: New Initiatives
Revenues
?Words
Expenditures
?Words
CALM

4. Projections: Future Revenues
•Bar
•Restaurant
•Members’ fees
•New members
•Temporary members
•Building levy
•Functions
•Other 2
•Other 1
•Competitions
} Words
(Figures later)

5. Projections: Future Expenditures
} Words
(Figures later)
•Pay
•Insurance
•Utilities
•Repairs and maintenance
•Bank
•Match expenses
•VAT
•Other 1
•Office
•Sundry
•Other 2

6. Projections: Adding Figures
Standard statements
RestaurantBar Consolidated

7. The First Run

8. Projections for The Income and Expenditure for
2017 to 2019Bar Restaurant
Bar Supplies Account
2016 (£) 2017 (£) 2018 (£)
Income
Bar supplies 355,172 380,000 400,000
Total expenditure 135,000 150,000 170,000
Gross profit 220,172 230,000 230,000
Gross profit percentage 61.99% 60.53% 57.50%
Restaurant Supplies Account
2016 (£) 2017 (£) 2018 (£)
Income
Restaurant supplies 401,504 442,000 486,000
Total expenditure 154,401 173,000 196,000
Gross profit 247,103 269,000 290,000
Gross profit percentage 61.54% 60.86% 59.67%

9. Projections of Income and Expenditure for
2017 to 2019
RestaurantBar
Bar supplies Total expenditure Gross profit
Gross profit percentage
61.99%
60.53%
57.50%
Restaurant supplies Total expenditure
Gross profit
Gross profit percentage
61.54%
60.86%
59.67%

10. Projections for The Income and Expenditure for
2017 to 2019
2016 (£) 2017 (£) 2018 (£)
Total income 1,882,491 1,977,000 2,170,000
Total expenditure 1,945,000 2,062,000 2,160,000
(Deficit/Excess) of income over
expenditure
-62,509 -85,000 10,000
Consolidated

11. Total Income Total Expenditure (Deficit/Excess)/ of Income over Expenditure
Loss
Loss
Profit
Projections for The Income and Expenditure for
2017 to 2019
Consolidated

12. The First Run: Unacceptable
Reduce expenditure: dig down
The Second Run etc.

13. The End