I.D.E.A.S.

]
ADDRESS: PHONE: [305.639.6262]
[3339 VIRGINIA STREET] FAX: [305.639.6264]
[SUITE 316]
[MIAMI, FL, 33133]
E.MAIL:
[
WEB: [createideas.org] [information

[The Innovation Design

@ideasdesign.com]

Environment + Architecture
Studio Inc. ]

ARCHITECTURE FIRM PROPOSAL

BUSINESS PLAN

Architecture will increasingly become more complicated;  it will,

forever, evolve into a process of layering over existing
circumstances and conditions. It’s thrilling to us, thinking that the
future of architecture will inevitably involve adding layers on top of
older architectures, forming an archeology of society. This
newfound archaeology will then begin to address contemporary
environmental concerns in a regional context.

What emerges from our buildings, is the fascinating tapas bar of

ideas about the art and science of building, is the subtle but
essential reminder that what lies at the heart of creative legacy
aren’t universal formulas and unrelenting tents but perspective,
conviction, and personality.

We are driven by a curiosity for life incited through the

interactions with these structures that push limits and break all
the rules, the future of green building layered on the historical
relevance of the city’s history, a much needed emerging market
South Florida.

THE BUSINESS PLAN

Prepared by: Cristina A. Cusco
Date: January 25, 2015
Prepared for: Miguel Rodriguez,
Management of Professional Practice: ARC 452
Proposal number: 0-123-4567
 TABLE OF CONTENTS


1.0 EXECUTIVE SUMMARY 3. THE TEAM

1. DESCRIPTION
4. IDEAS ORGANIZATIONAL STRUCTURE
2. PROBLEMS
5.0 PRODUCTS + SERVICES
3. SOLUTIONS 1. SUMMARY + OVERVIEW

4. COMPETITION 2. MAIN SERVICES

5. MISSION STATEMENT 3. ADDITIONAL SERVICES

6. OBJECTIVES 4. PRICING

7. OBSTACLES
6.0 FINANCIAL OVERVIEW
1. BALANCE SHEET
8. INITIAL PROJECTIONS
2. PROFIT + LOSS SUMMARY
2.0 MARKET
1. INDUSTRY + MARKETS + CLIENT BASE 3. PROFIT + LOSS FORECAST GRAPHIC

2. KEYS TO SUCCESS 4. PROFIT + LOSS EXPANDED

3.0 COMPANY DESCRIPTION 5. 3 YEAR REVENUE REPORT SUMMARY

1. COMPANY OVERVIEW
6. REVENUE FORECAST GRAPHIC
2. REGISTERED NAME + ENTITY INFORMATION
7. 3 YEAR REVENUE REPORT
3. COMPANY OWNERSHIP + LEGAL ENTITY
8. DETAILED REVENUE REPORT
4. THE FINANCING
9. EXPENSE SUMMARY
5. OFFICE LOCATION + HEADQUARTERS
10.EXPENSE FORECAST GRAPHIC
6. INTERIOR: OFFICE SPACE : INTERIOR BUILD OUT/
11.DETAILED EXPENSE REPORT
RENOVATION
12.STAFF/PERSONNEL EXPENSE REPORT
7. HOURS OF OPERATION
13.FINANCE EXPENSE SCHEDULE
8. FUTURE GROWTH + EXPANSION
14.START UP EXPENSES
9. EXIT STRATEGY

4.0 MANAGEMENT + ORGANIZATION

15.CASH FLOW SUMMARY

1. MANAGEMENT OVERVIEW 16.DETAILED CASH FLOW REPORT

2. PERSONNEL SUMMARY 17.BREAK EVEN ANALYSIS

18.FINANCIAL ASSUMPTIONS
PLAN
BUSINESS
THE 1.0 Executive Summary
[DESCRIPTION]

[I.D.E.A.S.] Studio is an experimental design collective that specializes in the design and construction of
high-technology infused and ecologically sustainable, “green”, structures that incorporate visionary and
industrious construction methods. Despite growing awareness, the world today continues to deny the impacts
of climate change and the importance of sustaining the natural environment despite the weathered and
disappearing landscapes around us. As our planet decays, we must take forceful initiative to do everything in
our power to both save the existing natural world we have left and continue to supplement it with more life. Our
Sustainable and Net-Zero buildings contribute to not only adaptation to climate change but its mitigation as well.
To fulfill these ambitions, we must imagine, research, strategize, and execute, all with meticulously precise
checkpoints along the way.

1. PROBLEMS
[+] Climate Change
Considering the vast contribution which architecture has in shaping our world, we can appreciate the incredible potential it has to
save it. Climate Change is an ever pressing and daunting challenge we as a society face today. As more and more of the Earth’s
population migrates to its urban centers, it becomes increasingly important that we consider both how we use our resources and
how we will replenish them. In doing so, we would also guarantee that the urban future we build for generations to follow would be
clean, healthy, smart and sustainable.
Despite growing awareness, the world today continues to deny the impacts of climate change and the importance of sustaining
the natural environment despite the weathered and disappearing landscapes around us. As our planet decays, we must take
forceful initiative to do everything in our power to both save the existing natural world we have left and continue to supplement it
with more life.
[+] Coastal Construction
[+] Hurricane + Storm Surge + Flood risks
[+] Sea Level Rise + Rising Global Temperature

2. SOLUTIONS
As innovators and pioneers, we provide architectural services that integrate high technology systems and revolutionary construction
methods in an attempt to foster an ecologically responsible building structure that provokes imagination and intellectual curiosity from its
inhabitants. The firm is known for the sophisticated incorporation of the Built and Natural Environments, and the creation of a symbiotic
relationship amongst them that promotes a healthier regional green-scape and contributes to a healthier planet. The integration of
various sustainable design principles and high-tech green systems will contribute to our buildings achieving net-zero certification or
high-level LEED status. This creates a mutually beneficial relationship between the Built Environment and the Natural Environment that
will allow the Earth to continue to prosper. Our structures are bold in ambition and dynamic in form and seek to recontribute to the
globe what humans continue to deplete. The firm has become famous for its signature aesthetic, a provocative and expressively
innovative 'high tech' green modernism.

3. COMPETITION
We operate at a national level in the growing industry sector that is Sustainable Building. The increasingly popular and rapid
market transformation towards sustainable design is a large and growing market influencing construction all over the country. There is a
growing demand for energy efficient buildings and while the competition is vast there is infinitely growing opportunity for supply gaps. In
the future, we seek to broaden nationally, then globally, opening international offices and developing structures around the world. As
we continue to watch it grow, within the next five years we aim to open a new office location and grow our environmentally conscious
circle. We hope the firm will one day evolve into an international practice spanning the global realm across a multitude of different
countries. The South Florida Business Journal has published their annual list of the top 25 green architecture firms in the Miami-Dade,
Broward and Palm Beach county areas.
1. 1. Perkins+Will Associates: 27 LEED-accredited staff
2. 2. RTKL Associates: 25 LEED-accredited staff
3. 3. Stiles Corporation: 21 LEED-accredited staff
4. 4. Zyscovich Architects: 20 LEED-accredited staff
!2
5. 5. AECOM Technology Corp: 16 LEED-accredited staff

4. MISSION STATEMENT
Our studio’s mission is to become the recognized leader in its targeted market for architectural design in the sustainable
construction sector. We pride ourselves on being pioneers at the forefront of revolutionary architectural concepts and high-tech
structures executed through innovation-oriented design with a direct focus on sustainable building strategies, Forward thinking
technologies and state-of-the-art construction practices. Striving for Net-Zero Certification, We at [I.D.E.A.S..] Studio envision a major
growing shift in South Florida’s construction market amidst the rising considerations and concerns over climate change. This practice
seeks to show both the client and the builder there are ways of incorporating more advanced materials, methods, and construction
techniques into their structures in a culturally relevant and high-tech infused way. What differentiates us from the growing number of
firms that identify with sustainable building practices are three key factors and facets of the firm:
1. Ecologically Responsible + Sustainable Design Solutions
2. Visionary + Industrious Innovative Construction Materials, Methods, and Technologies
3. Highly Advanced Technological Green Systems Integrated into the Building Structure and Construction
=TRANSFORMATION + INNOVATION
The successful integration of all three of these core values will create a natural flow between the harmonious interaction
that occurs between the natural and built environments. It will allow us to rediscover and re-appreciate the connection between
history, reality, and the future. In the long run the clients will end up saving money, time, and resources by improving the integration
of building systems that are monitored and regulated digitally by technological systems. The advocation of these techniques and
development of research in the field will eventually build a better environment around us; both built and natural. It will also
simultaneously educate and incite curiosity, promoting good choices in every aspect of life.

5. OBJECTIVES
1. Reach 1 Million in sales by the end of year three
2. Achieve a break even point by the second fiscal term
3. Develop a sustainable design firm that makes a difference in the LEED industry
4. Create a studio culture conducive to growth and replication in expanded markets

6. OBSTACLES
1. Securing the financial means required for our expansion phases
2. The establishment of our initial client base and maintenance of local resources
3. The continued acquirement of projects for our portfolio

7. INITIAL PROJECTIONS
The studio + architecture design laboratory, while it was only a four person firm when conceived, is projected to evolve into a 6 person
operation by the end of year three. In the first year, firm sales are projected to reach $298,480 by the end of the first fiscal term.
Second year sales continued to increase with an expanded revenue of $684,420, a 129 % increase from the first-year sales. Third
year sales show an aggressive increase to $1,120,600 jumping 64% from the year before. The firm is expected to break even by the
second fiscal term, reaching a net income of $470,747.

!3
2.0 Market Description
[Industry + Market Analysis]
1. THE INDUSTRY + MARKETS + CLIENT BASE
The Sustainable Design Industry :
Industry: Sustainable Design and Construction; Green Building Industry
Market: The Domestic and International Markets on A Wide Spectrum of Economic Sectors
We operate at a national level in the growing industry sector that is Sustainable Building. The increasingly popular and rapid market
transformation towards sustainable design is a large and growing market influencing construction all over the country. There is a
growing demand for energy efficient buildings and while the competition is vast there is infinitely growing opportunity for supply
gaps. The studio + architecture design laboratory, while it was only a four person firm @ its headquarters in Miami, FL, when
conceived three years ago, has evolved into a seven person firm by the end of year 3. As we continue to watch it grow, within the
next five years we aim to open a new office location and grow our environmentally conscious circle. We hope the firm will one day
evolve into an international practice spanning the global realm across six different countries.
Target Client: The clients that the firm will target are characterized into three main groups, private home owners, developers, and
larger corporations seeking an innovative design firm to fulfill their architectural vision. With every design, the firm’s goal will be to
minimize the environmental impact of the building with the hopes of creating a self-sustainable net-zero structure. The firm’s
employees will focus on providing superior customer service as well as creating a hospitable, inclusive, and inspirational
environment for the client. We will have two initial client bases ; individuals and real estate developers. Our customers will be
environmentally conscious and aware of the monetary potential that the green building industry boasts. Since our head quarters
will be in Coconut Grove we will be able to cater to our clients in all parts of Miami due to the office’s central location. Since Miami
is a high traffic port between the Caribbean and the rest of the United States we also have the ability for expansion in the
Caribbean. Our target market is locally influenced and regionally identifies with the south east united states and the caribbean. It
starts with important people that have the means and the influence to create extraordinary projects in amazing locations. The
contributors of this market base are very much tech-savvy and environmentally geared, with a pension for curiosity and innovation.

2. KEYS TO SUCCESS
Provide a service that is superior to the competition's by:
1. Intense research and information retrieval on advancing materials and building practices
2. Maintain the level of client satisfaction that has rendered us this level of success
3. Obtaining a staff of architects + designers with a unique training and interest in the firm’s field of focus in order to provide
quality design.
4. Maintain local and regional client bases.
5. Constant New Lead Development
6. Strong Client Communication + Satisfaction

!4
3.0 Company Description
[Company Organization + Overview]

1. COMPANY OVERVIEW
I.D.E.A.S. offers architecture, interior design, project and construction management and strategic LEED consulting to almost every
industry sector. It offers its services for various projects, which include schools and universities, resorts and casinos, hotels, luxury
condominium towers, retail centers, and office buildings; specialized projects, such as opera house/symphony halls, museums,
courthouses, multipurpose arenas and convention centers, airports and transportation centers, television studios, and several bank
headquarters; and offices and corporate headquarters, restaurants and bars, multi-family residential buildings, public buildings, and
private custom homes.

2. REGISTERED NAME AND ENTITY INFORMATION

[I.D.E.A.S.] Studio, L.L.C., is registered as a corporation in the State of Florida that provides the design and construction of new
facilities, design services for renovating existing facilities, landscape architecture services, and project management services for
customers in its target market. It will also provide Energy Consulting Services and Additional Services related to the design and
construction of building structures.
REGISTRATION DETAILS
Business Name: [I.D.E.A.S.] Studio, L.L.C.
Registration(s): State of Florida
Date Registered: 10-26-10
Location(s) Registered: State of Florida, Miami-Dade County
Business Structure: .L.C., Limited Liability Corporation Registered in the State of Florida
Certificate of Authorization #: [AAC000465]
License Registration #: [License #] [CGM876253]
GST: We are registered for the Goods and Services Tax as of January 2015
Domain Names: www.createideas.org
Memberships & affiliations: AIA , LEED

HEADQUARTERS ADDRESS:
[3339 VIRGINIA STREET]
[SUITE 316]
[MIAMI, FL, 33133]

WEB:
[createideas.org]

Phone #: +1 (305) 629-6262


Fax #: +1 (305) 629-6264
E-Mail: iINFORMATION@SYMBIOSISDESIGN.COM
For Media Queries Contact: Cristina Cusco @ cristina@createideas.org
Social Media
Facebook »
Instagram »
LinkedIn »
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YouTube »

Copyright:
© 2015-2018 [I.D.E.A.S.] Studio, L.L.C., All Rights Reserved Privacy Policy Transparency Statement

!5
3. COMPANY OWNERSHIP + LEGAL ENTITY
The firm was founded in 2010 as a Limited Liability Corporation that established an experimental studio collective as a business entity
registered in the State of Florida and based in the South Florida area with its principal headquarters in Coconut Grove, in the City of
Miami. For the first three years after its conception, the firm was solely owned by its two founders who maintained 100% equity
ownership amongst them. In 2016, the pair saw an opportunity for expansion and sought out additional investors in the form of a
financial institution which allowed them $200,000 in loans in exchange for 50 % equity of the company.

4. THE FINANCING
We at HY-LAB are seeking to raise $100,000 in additional financial funding in order to continue to expand our profitable atelier and
further expand the business. The initial funds invested as of now total $350,000. $50,000 of this was put in by Cristina A Cusco, the
founder and principal at the firm, initially allotting her 50% equity ownership. The other $50,000 were contributed by the second
founding architect and principal at the firm, allotting him 50% equity ownership of the company. In the second fiscal quarter, the
company received a $200,000 loan in exchange for 40% equity, thus dividing the remaining 60% quite amongst the two initial
investors.

5. OFFICE LOCATION + HEADQUARTERS

The global headquarters for [I.D.E.A.S.] Studio will be located in the heart of Coconut Grove, Florida. Centrally
located to South Miami, Coral Gables, Downtown Miami and the Beaches, the office’s prime location will help boost exposure
as well as making client meetings very convenient for all parties involved.

Headquarters Address:
6. INTERIOR: OFFICE SPACE: INTERIOR BUILD OUT RENOVATION
The office space we secured is a two story loft unit with enough space to house 10-12 employees. 3339 Virginia Street,
Suite 316
The space has 1.5 bathrooms and a small kitchenette + dining space. It is a bright and
inviting space with an excess of natural light and direct street access through a small front Miami, FL, 33133
terrace garden.
7. HOURS OF OPERATION
The company typically operates from Monday to Friday between the hours of 8 AM
and 6 PM. Due to great client relations however, our team is typically available by cell-phone
until much later into the night.

8. FUTURE GROWTH + EXPANSION PLAN

The founder expects that the business will aggressively expand during the first five years of operation. The HY-LAB team intends to
implement marketing campaigns that will effectively target individuals, corporations, and real estate developers within the target
market.The majority of our projects will be located in the Southeast United States and the Caribbean markets the first three years of
operations, We dream of international acclaim and expansion into the global realm for the firm, advancing towards this during our fourth
and fifth years by expanding nationally to spread our business across the continent. The location for second office will be in New York
City and the third location for the next company branch will be placed on the West Coast in Los Angeles, California. These new office
locations will have enough space for regional operations with additional square footage that allows revenue from rent to other tenants.
Future company expansion will include international expansion with new office locations in Europe, South America, Africa and Asia.

9. EXIT STRATEGY
If the business is very successful, Ms. Cusco and Partners may seek to sell the business to a third party for a significant
earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the
Architecture Firm, [I.D.E.A.S.] Studio, L.L.C.,. Based on historical numbers, the business could fetch a sales premium of up
to 4 times earnings.

!6
4.0 Management + Organization
[Company Organization + Breakdown]
1. MANAGEMENT OVERVIEW
The leadership at the company is divided equally amongst the four principles, or partners, at the firm. These comprise the two
founding architects, an additional Senior Architect and Project Manager and the firm’s administrative assistant. They each also act as
directors of their respective departments while Cristina A. Cusco acts as the managing partner at the firm, overseeing business and
operations.
2. PERSONNEL SUMMARY
At the onset of operations, [I.D.E.A.S.] Studio intends to have a staff of two licensed architects (including the owner), a licensed
paralegal and administrative assistant, and an architectural intern. In the second year of operations we expect to hire another senior
architect for a leadership position at the firm as well as a junior architect who will contribute to the work output required to sustain its
financial growth. By the third year of operations another junior architect will be hired and the company will have a total number of seven
employees comprising its staff. The firm will continue to add designers, project managers and additional drafts people to
accommodate for increased work demands in the future.
3. THE TEAM

CRISTINA A. CUSCO MARTINA FILA
Founding Principal | President + C.E.O. | Studio + Firm Director | Licensed Architect Licensed Paralegal | Administrative Director | Executive Assistant
[I.D.E.A.S.] Studio, L.L.C., Miami, FL, United States [I.D.E.A.S.] Studio, L.L.C., Miami, FL, United States

JAVIER CONTRERAS JOHN SMITH

Partner | Senior Architect | Vice President | Licensed Architect + Landscape Architect Jr. Architect | Project Manager | Construction Manager
[I.D.E.A.S.] Studio, L.L.C., Miami, FL, United States [I.D.E.A.S.] Studio, L.L.C., Miami, FL, United States

JULIAN RUIZ JESSICA RAMIREZ

Partner | Senior Architect | Licensed Architect | Project Manager Jr Architect | Designer-Architecture
[I.D.E.A.S.] Studio, L.L.C., Miami, FL, United States [I.D.E.A.S.] Studio, L.L.C., Miami, FL, United States

ROBERT THOMAS
Design Strategist | Architecture Design Intern
[I.D.E.A.S.] Studio, L.L.C., Miami, FL, United States


[IDEAS] ORGANIZATIONAL STRUCTURE

CRISTINA CUSCO
PRESIDENT / CEO
SR ARCHITECT

JULIAN RUIZ MARTINA FILA

JAVIER CONTRERAS
SR ARCHITE / PROJECT ADMINISTRATIVE
SR ARCHITECT / EVP
MANAGER ASSISTANT

JOHN SMITH
JR ARCHITECT YEAR 1

YEAR 2
JESSICA RAMIREZ
JR ARCHITEC

YEAR 3

ROBERT THOMAS
ARCHITECT INTERN

!7
5.0 Products + Services
[Summary + Overview]
[I.D.E.A.S.] Studio specializes in the design and construction of high-technology infused and ecologically sustainable green structures
that employ visionary and industrious construction methods.The firm will initially provide service to cater to small home and business
owners, along with small office buildings. Below is a description of the architectural and project management services offered by the
Company.
1. MAIN SERVICES:
The primary focus of the Company’s services is to provide design and development of architectural plans for new constructions and
buildings/properties that are undergoing renovation. The Architecture Firm will work closely with both individual clients and real estate
developers to ensure that they have the proper plans (with aesthetic appeal) for their properties and developments. Our main services
include but are not limited to; architectural design, interior design, landscape design, project management, construction administration,
and energy consulting + implementation.

1.4.1 Architectural Design + Construction Services
As stated above, the primary function of the Company will be to provide architectural design and drafting services for new and existing structures being
developed or undergoing renovation. Its work is widely recognized through publications and exhibits, and its roster of clients includes leaders of both the
public and private sectors
The company offers architectural design, master planning, landscape architecture, feasibility studies, due diligence evaluation, site selection, programming/
space analysis, space/tenant planning, graphic design, signage and way-finding, and building evaluation services. It also provides industrial design, visual
communication, prototyping and model making, programming and strategic planning, space planning and test fits, cost estimating and budget analysis,
design development, construction documentation, custom millwork design, furniture specification and purchasing, custom product detailing, contract
administration, and post occupancy evaluation services.
1.4.4 Project Management Services
On a limited basis, the Company will also act in a project management capacity during the development of properties and renovations. The business will
charge a flat set fee for these services, which will primarily consist of design and implementation oversight in conjunction with general contractors and real
estate developers. By also providing project management services as it relates to the development and renovation of properties and buildings we are further
able to streamline the design and construction process, and by being involved until the very end we are able to guarantee the properly executed construction
of our designs. This will be an important source of secondary revenue for the firm.
1.4.6 Sustainability/Energy Consulting Services
We have been designing contemporary, technologically informed landscapes to meet the challenges of our changing environment. The projects address not
only ecological objectives, but also add community value by improving performance and livability. Our team of experienced, creative practitioners are
dedicated to meeting our clients’ needs for functionality and aesthetics, while providing the broadest environmental richness and service possible. GEO’s
projects not only address hydrological and ecological system objectives, but also add community value by improving a city’s performance and livability.
Our commitment to stewardship and sustainability extends to the conservation of water, soil, plants, materials and energy. Our designs often incorporate
pavement, roof and garden systems that capture rain water and building gray water, reducing the draw on our freshwater supply, and helping to limit local
flooding. We are advocates for preserving existing plants and using animal-friendly native plant material able to survive harsh climate swings. These
innovations limit the need for water, fertilizer and excessive maintenance, while providing local habitat support. Educational components within many of our
designs provide passive and active opportunities for deeper understanding of emerging environmental issues.works in close collaboration with clients,
architects, planners, engineers, developers and construction professionals, from a project’s inception to completion, to create cohesive design solutions
which reflect the interests of all parties. The international, multi-disciplinary and multi-cultural richness of our firm provides the expertise to examine projects
from all angles, and the agility to respond to changing issues of global concern.

2. ADDITIONAL SERVICES

Furniture Design Space + Tenant Planning Renderings
Kitchen Design Signage + Way-Finding Illustrations
Feasibility Studies  Building Evaluations Price Estimating
Due Diligence Evaluations Development Review  Selection of Fixtures + Finishes
Site Selection Existing Condition Surveys Purchasing + Delivery
Programming + Space Analysis 3D Modeling
3. PRICING
The pricing for each project is essentially broken down based on the Project scope and specific services rendered. We will bill clients
at different stages of completion

!8
6.0 Financial Overview THE
FINANCES
1. BALANCE SHEET

!9
 2. PROFIT AND LOSS SUMMARY



IDEAS - 3 Year Business Plan Overview

Budget Totals Year 1 Year 2 Year 3
Total Revenue $298,480 $684,420 $1,120,600
Total Expenses $432,785 $533,256 $649,973
Net Operating Income: ($134,305) $151,164 $470,627

Other Income / (Expense): $120 $120 $120

Net Income: ($134,185) $151,284 $470,747

IDEAS - P&L FORECAST - YEARS 1 - 3

$1,200,000

$1,000,000

$800,000

$600,000

$400,000

$200,000

$0

Year 1 Year 2 Year 3

($200,000)

Revenues Expenses Net Income

!1 0
 IDEAS - 3 Year Business Plan Overview
Budget Totals Year 1 Year 2 Year 3
Revenue
Design Projects 149,280 429,420 823,000
Project Supervision 70,000 147,000 168,000
Consulting Services 79,200 108,000 129,600
Total Revenue: $298,480 $684,420 $1,120,600
129% 64%

Expenses
Sales & Marketing 17,400 18,360 19,020
G&A Expenses 113,390 115,494 117,123
Staff Expenses 276,395 373,686 487,997
Professional Fees 4,400 4,516 4,632
Depreciation Expenses 21,200 21,200 21,200
Bad Debts - - -
Total Revenue: 432,785 533,256 649,973

Net Operating Income: ($134,305) $151,164 $470,627

Other Income / (Expense): $120 $120 $120

Net Income: ($134,185) $151,284 $470,747

!11
 3. REVENUE SUMMARY


IDEAS - 3 Year Revenue Report

Sales Summary
Year 1 Year 2 Year 3
Description Revenue Revenue Revenue
Design Projects 149,280 429,420 823,000
Project Supervision 70,000 147,000 168,000
Consulting Services 79,200 108,000 129,600
Total Revenue: 298,480 684,420 1,120,600

IDEAS - REVENUE FORECAST - YEARS

1,200,000

1,000,000

800,000

600,000

400,000

200,000

-
Year 1 Year 2 Year 3

Design Projects Project Supervision Consulting Services

!1 2
4. REVENUE REPORT 


IDEAS - 3 Year Revenue Report

Year 1 Year 2 Year 3
Projects Revenue Revenue Revenue

Design Project-House, Pinecrest, FL 52,000

- Change Orders 19,200

Design Project- Townhouses, Miami, FL 74,880 40,320

- Change Orders 3,200 9,600

Design Project- 202 60,000

- Change Orders 8,000

Design Project- 203 130,000

- Change Orders 16,000

Design Project- 204 75,000

- Change Orders 8,000

Design Project- 205 82,500 67,500

- Change Orders - -

Design Project- 301 120,000

- Change Orders 9,600

Design Project- 302 90,000

- Change Orders -

Design Project- 303 130,000

- Change Orders 16,000

Design Project- 304 75,000

- Change Orders 8,000

Design Project- 305 110,000

- Change Orders 4,800

Design Project- 306 100,000

- Change Orders 3,200

Design Project- 307 82,500

- Change Orders 6,400

Supervising Projects - Construction 70,000 147,000 168,000

Consulting Services- LEED 79,200 108,000 129,600

Total Revenue: 298,480 684,420 1,120,600

!1 3
 5. DETAILED REVENUE REPORT



IDEAS - 3 Year Revenue Detailed Report

Year One Sales

Description: Item Amount Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Total

Design Project-House, Pinecrest, FL 52,000 - 13,000 7,800 7,800 7,800 15,600 - - - - - - 52,000
Invoice Percentage 0% 25% 15% 15% 15% 30% 0% 0% 0% 0% 0% 0%
- Change Orders 12 - - - - - - 4 3 3 2 - -
Invoice Amount 1,600 - - - - - - 6,400 4,800 4,800 3,200 - - 19,200
71,200

Design Project- Townhouses, Miami, FL 115,200 - - - - - - - 28,800 11,520 11,520 11,520 11,520 74,880
Invoice Percentage 0% 0% 0% 0% 0% 0% 0% 25% 10% 10% 10% 10%
- Change Orders 8 1 1
Invoice Amount 1,600 - - - - - - - - - - 1,600 1,600 3,200
78,080.00

Supervising Projects - Construction 7,000 - - 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 70,000

Consulting Services- LEED Hotel, Miami Beach

Number of Days 132 10 12 20 15 8 10 12 5 15 13 8 4 132
Invoice Amount 600 6,000 7,200 12,000 9,000 4,800 6,000 7,200 3,000 9,000 7,800 4,800 2,400 79,200

Monthly Invoicing: 6,000 20,200 26,800 23,800 19,600 28,600 20,600 43,600 32,320 29,520 24,920 22,520 298,480
Cummulative Invoicing: 6,000 26,200 53,000 76,800 96,400 125,000 145,600 189,200 221,520 251,040 275,960 298,480
Collections: - - 6,000 20,200 26,800 23,800 19,600 28,600 20,600 43,600 32,320 29,520 251,040
Cummulative Collections: - - 6,000 26,200 53,000 76,800 96,400 125,000 145,600 189,200 221,520 251,040
A/R Balance: 47,440

IDEAS - 3 Year Revenue Detailed Report

Year Two Sales

Month 13 Month 14 Month 15 Month 16 Month 17 Month 18 Month 19 Month 20 Month 21 Month 22 Month 23 Month 24

Design Project- Townhouses, Miami, FL (Cont.) 115,200 11,520 11,520 17,280 - - - - - - - - - 40,320
Invoice Percentage - 10.00% 10.00% 15.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
- Change Orders 8 3 2 1 - - - - - - - - -
Invoice Amount 1,600 4,800 3,200 1,600 - - - - - - - - - 9,600
49,920
128,000

Design Project- 202 60,000 - - 15,000 9,000 9,000 9,000 18,000 - - - - - 60,000
Invoice Percentage 0.00% 0.00% 25.00% 15.00% 15.00% 15.00% 30.00% 0.00% 0.00% 0.00% 0.00% 0.00%
- Change Orders 5 0 0 0 0 0 0 1 2 1 1 0 0
Invoice Amount 1,600 - - - - - - 1,600 3,200 1,600 1,600 - - 8,000
68,000

Design Project- 203 130,000 - - - 32,500 13,000 13,000 13,000 13,000 13,000 13,000 19,500 - 130,000
Invoice Percentage 0.00% 0.00% 0.00% 25.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 15.00% 0.00%
- Change Orders 10 0 0 0 0 0 0 0 0 3 2 3 2
Invoice Amount 1,600 - - - - - - - - 4,800 3,200 4,800 3,200 16,000
146,000

Design Project- 204 75,000 - - - - - 18,750 7,500 11,250 11,250 7,500 18,750 - 75,000
Invoice Percentage 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 10.00% 15.00% 15.00% 10.00% 25.00% 0.00%
- Change Orders 5 - - - - - - - - - - 3 2
Invoice Amount 1,600 - - - - - - - - - - 4,800 3,200 8,000
83,000

Design Project- 205 150,000 - - - - - - - - 37,500 15,000 15,000 15,000 82,500

Invoice Percentage 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 10.00% 10.00% 10.00%
- Change Orders 0 0 0 0 0 0 0 0 0 0 0 0 0
Invoice Amount 1,600 - - - - - - - - - - - - -
82,500

Supervising Projects - Construction 7,000 7,000 7,000 7,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 147,000

Consulting Services- LEED

Number of Days 180 15 15 15 15 15 15 15 15 15 15 15 15 180
Invoice Amount 600 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 108,000

Monthly Invoicing: 32,320 30,720 49,880 64,500 45,000 63,750 63,100 50,450 91,150 63,300 85,850 44,400 684,420
Cummulative Invoicing: 32,320 63,040 112,920 177,420 222,420 286,170 349,270 399,720 490,870 554,170 640,020 684,420
Collections: 24,920 22,520 32,320 30,720 49,880 64,500 45,000 63,750 63,100 50,450 91,150 63,300 601,610
Cummulative Collections: 24,920 47,440 79,760 110,480 160,360 224,860 269,860 333,610 396,710 447,160 538,310 601,610
A/R Balance: 130,250

!1 4
 IDEAS - 3 Year Revenue Detailed Report

Year Three Sales

Month 13 Month 14 Month 15 Month 16 Month 17 Month 18 Month 19 Month 20 Month 21 Month 22 Month 23 Month 24

Design Project- 205 150,000 22,500 22,500 15,000 7,500 - - - - - - - - 67,500

Invoice Percentage 15.00% 15.00% 10.00% 5.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
- Change Orders 12 0 0 0 0 0 0 0 0 0 0 0 0
Invoice Amount 1,600 - - - - - - - - - - - - -
67,500
150,000

Design Project- 301 120,000 37,500 15,000 15,000 22,500 15,000 15,000 - - - - - - 120,000
Invoice Percentage - 25.00% 10.00% 10.00% 15.00% 10.00% 10.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
- Change Orders 6 3 2 1 0 0 0 0 0 0 0 0 0
Invoice Amount 1,600 4,800 3,200 1,600 - - - - - - - - - 9,600
129,600
129,600

Design Project- 302 90,000 - - 22,500 13,500 13,500 13,500 27,000 - - - - - 90,000
Invoice Percentage 0.00% 0.00% 25.00% 15.00% 15.00% 15.00% 30.00% 0.00% 0.00% 0.00% 0.00% 0.00%
- Change Orders 0 0 0 0 0 0 0 0 0 0 0 0 0
Invoice Amount 1,600.00 - - - - - - - - - - - - -
90,000

Design Project- 303 130,000 - - - 32,500 13,000 13,000 13,000 13,000 13,000 13,000 19,500 - 130,000
Invoice Percentage 0.00% 0.00% 0.00% 25.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 15.00% 0.00%
- Change Orders 10 0 0 0 0 0 0 0 0 3 2 3 2
Invoice Amount 1,600 - - - - - - - - 4,800 3,200 4,800 3,200 16,000
146,000

Design Project- 304 75,000 - - - - - 18,750 7,500 11,250 11,250 7,500 18,750 - 75,000
Invoice Percentage 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 10.00% 15.00% 15.00% 10.00% 25.00% 0.00%
- Change Orders 6 0 0 0 0 0 0 0 0 0 0 3 2
Invoice Amount 1,600 - - - - - - - - - - 4,800 3,200 8,000
83,000

Design Project- 305 200,000 - - - - - - - - 50,000 20,000 20,000 20,000 110,000

Invoice Percentage 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 10.00% 10.00% 10.00%
- Change Orders 3 0 0 0 0 0 0 0 0 0 0 0 3
Invoice Amount 1,600 - - - - - - - - - - - 4,800 4,800
114,800

Design Project- 306 100,000 - - - - - - 25,000 15,000 15,000 15,000 15,000 15,000 100,000
Invoice Percentage 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 15.00% 15.00% 15.00% 15.00% 15.00%
- Change Orders 2 0 0 0 0 0 0 0 0 0 0 0 2
Invoice Amount 1,600 - - - - - - - - - - - 3,200 3,200
103,200

Design Project- 307 150,000 - - - - - - - - 37,500 15,000 15,000 15,000 82,500

Invoice Percentage 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 10.00% 10.00% 10.00%
- Change Orders 4 0 0 0 0 0 0 0 0 0 0 2 2
Invoice Amount 1,600 - - - - - - - - - - 3,200 3,200 6,400
88,900

Supervising Project- House, Miami, FL 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 14,000 168,000
263,300

Consulting Services- LEED

Number of Days 216 18 18 18 18 18 18 18 18 18 18 18 18 216
Invoice Amount 600 10,800 10,800 10,800 10,800 10,800 10,800 10,800 10,800 10,800 10,800 10,800 10,800 129,600

Monthly Invoicing: 89,600 65,500 78,900 100,800 66,300 85,050 97,300 64,050 156,350 98,500 125,850 92,400 1,120,600
Cummulative Invoicing: 89,600 155,100 234,000 334,800 401,100 486,150 583,450 647,500 803,850 902,350 1,028,200 1,120,600
Collections: 85,850 44,400 89,600 65,500 78,900 100,800 66,300 85,050 97,300 64,050 156,350 98,500 1,032,600
Cummulative Collections: 85,850 130,250 219,850 285,350 364,250 465,050 531,350 616,400 713,700 777,750 934,100 1,032,600
A/R Balance: 218,250

!1 5
 6. EXPENSE SUMMARY


IDEAS - 3 Year Expense Report

Expensess Summary
Year 1 Year 2 Year 3
Description Revenue Revenue Revenue
Sales & Marketing 17,400 18,360 19,020
G&A Expenses 113,390 115,494 117,123
Staff Expenses 276,395 373,686 487,997
Professional Fees 4,400 4,516 4,632
Depreciation Expenses 21,200 21,200 21,200
Bad Debts - - -
Total Revenue: 432,785 533,256 649,973

IDEAS - EXPENSE FORECAST - YEARS 1 - 3

700,000

600,000

500,000

Depreciation Expenses
400,000 Professional Fees
Staff Expenses
300,000
G&A Expenses
Sales & Marketing
200,000

100,000

-
Year 1 Year 2 Year 3

!1 6
 7. DETAILED EXPENSE REPORT


IDEAS - 3 Year Expense Detailed Report

Year One Expenses
Description: Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Total

Expenses Jan-01 Feb-01 Mar-01 Apr-01 May-01 Jun-01 Jul-01 Aug-01 Sep-01 Oct-01 Nov-01 Dec-01 Total

Sales & Marketing

Advertising 600 600 600 600 600 600 600 600 600 600 600 600 7,200.00
Signage: Brochures, Business Cards, 300 300 300 300 300 300 300 300 300 300 300 300 3,600.00
Printing 300 300 300 300 300 300 300 300 300 300 300 300 3,600.00
Website 250 250 250 250 250 250 250 250 250 250 250 250 3,000.00
Total Sales & Marketing 1450 1450 1450 1450 1450 1450 1450 1450 1450 1450 1450 1450 17,400.00

G&A Expenses
Bank Charges 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Computer Expenses 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 1,800.00
Dues and Subscriptions 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 240.00
Insurances 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 12,000.00
Interest Expenses 916.67 916.67 916.67 916.67 916.67 916.67 916.67 916.67 916.67 916.67 916.67 916.67 11,000.00
Kitchen Expenses 300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00 3,600.00
Licenses and Permits - 350.00 - - - - - - - - - - 350.00
Office Expenses
Supplies 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 600.00 7,200.00
Postage & Delivery 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Other Office Expenses 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Total Office Expenses 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 8,400.00
Rent 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 5,833.33 70,000.00
Telephone / Utilities 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 5,400.00
Total G&A Edxpenses 9,420.00 9,770.00 9,420.00 9,420.00 9,420.00 9,420.00 9,420.00 9,420.00 9,420.00 9,420.00 9,420.00 9,420.00 113,390.00

Staff Expenses
Salaries 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 19,166.67 230,000.00
Benefits 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00 28,800.00
Payroll Taxes 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 1,466.25 17,595.00
Other Staff Expenses - - - - - - - - - - - - -
Total Staff Expenses 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 23,032.92 276,395.00

Professional Fees
Accounting Fees - - - 1,500.00 - 500.00 - - - - - - 2,000.00
Legal Fees 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00 2,400.00
Total Professional Fees 200.00 200.00 200.00 1,700.00 200.00 700.00 200.00 200.00 200.00 200.00 200.00 200.00 4,400.00

Depreciation Expenses 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 21,200.00

Bad Debt Expenses - - - - - - - - - - - - -

Total Expenses: 35,869.58 36,219.58 35,869.58 37,369.58 35,869.58 36,369.58 35,869.58 35,869.58 35,869.58 35,869.58 35,869.58 35,869.58 432,785.00

Other Income/Expense (Interest Income) 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 120.00

!1 7
 IDEAS - 3 Year Expense Detailed Report
Year Two Expenses
Description: Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Total

Expenses Jan-02 Feb-02 Mar-02 Apr-02 May-02 Jun-02 Jul-02 Aug-02 Sep-02 Oct-02 Nov-02 Dec-02 Total

Sales & Marketing

Advertising 650 650 650 650 650 650 650 650 650 650 650 650 7,800.00
Signage: Brochures, Business Cards, 310 310 310 310 310 310 310 310 310 310 310 310 3,720.00
Printing 310 310 310 310 310 310 310 310 310 310 310 310 3,720.00
Website 260 260 260 260 260 260 260 260 260 260 260 260 3,120.00
Total Sales & Marketing 1530 1530 1530 1530 1530 1530 1530 1530 1530 1530 1530 1530 18,360.00

G&A Expenses
Bank Charges 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Computer Expenses 155.00 155.00 155.00 155.00 155.00 155.00 155.00 155.00 155.00 155.00 155.00 155.00 1,860.00
Dues and Subscriptions 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 240.00
Insurances 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 1,030.00 12,360.00
Interest Expenses 916.67 903.36 889.99 876.56 863.07 849.51 835.90 822.22 808.48 794.68 780.81 766.88 10,108.11
Kitchen Expenses 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 3,720.00
Licenses and Permits - 350.00 - - - - - - - - - - 350.00
Office Expenses
Supplies 620.00 620.00 620.00 620.00 620.00 620.00 620.00 620.00 620.00 620.00 620.00 620.00 7,440.00
Postage & Delivery 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Other Office Expenses 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Total Office Expenses 720.00 720.00 720.00 720.00 720.00 720.00 720.00 720.00 720.00 720.00 720.00 720.00 8,640.00
Rent 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 72,000.00
Telephone / Utilities 465.00 465.00 465.00 465.00 465.00 465.00 465.00 465.00 465.00 465.00 465.00 465.00 5,580.00
Total G&A Edxpenses 9,702.60 10,003.36 9,639.99 9,626.56 9,613.07 9,599.51 9,585.90 9,572.22 9,558.48 9,544.68 9,530.81 9,516.88 115,494.05

Staff Expenses
Salaries 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 25,583.33 307,000.00
Benefits 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 43,200.00
Payroll Taxes 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 1,957.13 23,485.50
Other Staff Expenses - - - - - - - - - - - - -
Total Staff Expenses 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 31,140.46 373,685.50

Professional Fees
Accounting Fees - - - 1,500.00 - 500.00 - - - - - - 2,000.00
Legal Fees 210.00 210.00 210.00 210.00 210.00 210.00 210.00 210.00 210.00 210.00 210.00 210.00 2,520.00
Total Professional Fees 206.00 210.00 210.00 1,710.00 210.00 710.00 210.00 210.00 210.00 210.00 210.00 210.00 4,516.00

Depreciation Expenses 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 21,200.00

Bad Debt Expenses - - - - - - - - - - - - -

Total Expenses: 44,345.73 44,650.48 44,287.11 45,773.68 44,260.19 44,746.64 44,233.02 44,219.34 44,205.60 44,191.80 44,177.93 44,164.00 533,255.55

Other Income/Expense (Interest Income) 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 120.00

8. STAFF EXPENSE

IDEAS - 3 Year Staff Expense Detailed Report

Staff Expenses Year 1 Year 2 Year 3

Architect (Director) 84,000.00 7,000.00 90,000.00 7,500.00 96,000.00 8,000.00

Architect (Director) 84,000.00 7,000.00 90,000.00 7,500.00 96,000.00 8,000.00
Architect (Junior) - - 48,000.00 4,000.00 50,000.00 4,166.67
Architect (Junior) - - - -
48,000.00 4,000.00
Architect (Proyect Mgr) - - 48,000.00 4,000.00 50,000.00 4,166.67
Architect (Intern) 30,000.00 2,500.00 31,000.00 2,583.33 32,000.00 2,666.67
Administrative Assistant 32,000.00 2,666.67 33,000.00 34,500.00 2,875.00
230,000.00 19,166.67 340,000.00 25,583.33 406,500.00 33,875.00

Payroll Benefits 28,800.00 2,400.00 43,200.00 3,600.00 50,400.00 4,200.00

Payroll Taxes 17,595.00 1,466.25 26,010.00 1,957.13 31,097.25 2,591.44

9. FINANCE EXPENSE SCHEDULE

10.START-UP EXPENSES 


!1 8
 Finance Expense Schedule
IDEAS - Initial Capital Expense Report
Interest Expense:
STARTUP EXPENSES
STARTUP EXPENSES
CAPITAL EXPENSES
Loan Amount: 200,000
Term (5 Years + 1 Year only interest):
PERMITTING + LICENSURE AMOUNT
Intrerest Rate: 5.50%
Architecture Initial Licensure by Examination (NCARB DIRECT REGISTRATION) $60.00 SOURCES OF CAPITAL
Interest Payment:
NCARB Endorsement $100.00 OWNERS' INVESTMENT (NAME & OWNERSHIP %)
AMOUNT
Interest Principal Principal Interest Principal Principal
State Endoresment Payment Payment Balance $200.00 Payment Cristina Cusco
Payment $50,000
Balance
Direct Endorsement
Year 1 $ (916.67) $200.00 Other investor $50,000
Threshold Building Inspector Fee $100.00 Total $100,000
After year 1:
Certificate of Authorization 1 (916.67) (2,903.57) 197,096.43 $100.00 31 (489.72) (3,330.51) 103,518.05
2 (903.36) (2,916.87) 194,179.56 32 (474.46) (3,345.77) 100,172.27
Reactivation for Individual $150.00
3 (889.99) (2,930.24) 191,249.32 33 (459.12) (3,361.11) 96,811.16
Miscellaneous + Unforeseen Costs $1,590.00
4 (876.56) (2,943.67) 188,305.64 34 (443.72) (3,376.51) 93,434.65
Total 5 (863.07) (2,957.16) 185,348.48 $2,500.00 35 (428.24) BANK LOANS
(3,391.99) AMOUNT
90,042.66
6 (849.51) (2,970.72) 182,377.76 36 (412.70) (3,407.54)
Bank 1 86,635.12
$200,000
OFFICE SPACE 7 (835.90) (2,984.33) 179,393.43 AMOUNT 37 (397.08) (3,423.15) 83,211.96
Bank 2 $0
8 (822.22) (2,998.01) 176,395.41 38 (381.39) (3,438.84) 79,773.12
Interior Renovation $10,000.00 Bank 3 $0
9 (808.48) (3,011.75) 173,383.66 39 (365.63) (3,454.61) 76,318.51
Stationary, Etc. $800.00 Bank 4 $0
10 (794.68) (3,025.56) 170,358.10 40 (349.79) (3,470.44) 72,848.08
Furniture 11 (780.81) (3,039.42) 167,318.68 $5,000.00 41 (333.89) Total $200,000
(3,486.35) 69,361.73
Office Supplies 12 (766.88) (3,053.36) 164,265.32 $1,800.00 42 (317.91) (3,502.32) 65,859.41
Total 13 (752.88) (3,067.35) 161,197.97 $17,600.00 43 (301.86) (3,518.38) 62,341.03
14 (738.82) (3,081.41) 158,116.57 44 (285.73) (3,534.50) 58,806.53
15 (724.70) (3,095.53) 155,021.03 45 (269.53) (3,550.70) 55,255.82
EQUIPMENT + SOFTWARE AMOUNT
16 (710.51) (3,109.72) 151,911.31 46 (253.26) (3,566.98) 51,688.85
Computer Equipment 17 (696.26) (3,123.97) 148,787.34 $16,000.00 47 (236.91) (3,583.33) 48,105.52
Design Software (AutoCAD) 18 (681.94) (3,138.29) 145,649.05 $9,600.00 48 (220.48) (3,599.75) 44,505.77
3D Modeling Software (Revit) 19 (667.56) (3,152.67) 142,496.38 $7,200.00 49 (203.98) (3,616.25) 40,889.53
Graphic Design Software (Adobe Suite
20 (653.11) (3,167.12) 139,329.25 $7,200.00
50 (187.41) (3,632.82) 37,256.70
21 (638.59) (3,181.64) 136,147.61 51 (170.76) (3,649.47) 33,607.23
All-in-One Copier / Printer $1,500.00
22 (624.01) (3,196.22) 132,951.39 52 (154.03) (3,666.20) 29,941.03
Plotter 23 (609.36) (3,210.87) 129,740.52 $2,000.00 53 (137.23) (3,683.00) 26,258.03
Total 24 (594.64) (3,225.59) 126,514.93 $43,500.00 54 (120.35) (3,699.88) 22,558.15
25 (579.86) (3,240.37) 123,274.56 55 (103.39) (3,716.84) 18,841.30
Total Capital Expenditures 26 (565.01) IDEAS - 3 Year Expense Detailed Report
(3,255.22) 120,019.33 $63,600.00 56 (86.36) (3,733.88) 15,107.43
27 (550.09) (3,270.14) 116,749.19 57 (69.24) (3,750.99) 11,356.44
Year Three Expenses
28 (535.10) (3,285.13) 113,464.06 58 (52.05) (3,768.18) 7,588.26
Depreciation (36 Month):
Description: Month 1 Month 2
29 (520.04) Month 3 Month 4
(3,300.19) Month 5 Month 6
110,163.87 $1,766.67
Month 7 Month 8 59 Month 9
Month 10
(34.78) Month 11
Month 12
(3,785.45) Total
3,802.80
30 (504.92) (3,315.31) 106,848.56 60 (17.43) (3,802.80) 0.00
Expenses Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Total

Sales & Marketing

Advertising 675 675 675 675 675 675 675 675 675 675 675 675 8,100.00
Signage: Brochures, Business Cards, 320 320 320 320 320 320 320 320 320 320 320 320 3,840.00
Printing 320 320 320 320 320 320 320 320 320 320 320 320 3,840.00
Website 270 270 270 270 270 270 270 270 270 270 270 270 3,240.00
Total Sales & Marketing 1585 1585 1585 1585 1585 1585 1585 1585 1585 1585 1585 1585 19,020.00

G&A Expenses
Bank Charges 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Computer Expenses 160.00 160.00 160.00 160.00 160.00 160.00 160.00 160.00 160.00 160.00 160.00 160.00 1,920.00
Dues and Subscriptions 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 240.00
Insurances 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 1,060.00 12,720.00
Interest Expenses 752.88 738.82 724.70 710.51 696.26 681.94 667.56 653.11 638.59 624.01 609.36 594.64 8,092.40
Kitchen Expenses 320.00 320.00 320.00 320.00 320.00 320.00 320.00 320.00 320.00 320.00 320.00 320.00 3,840.00
Licenses and Permits - 350.00 - - - - - - - - - - 350.00
Office Expenses
Supplies 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 7,800.00
Postage & Delivery 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Other Office Expenses 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 600.00
Total Office Expenses 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 750.00 9,000.00
Rent 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 74,400.00
Telephone / Utilities 480.00 480.00 480.00 480.00 480.00 480.00 480.00 480.00 480.00 480.00 480.00 480.00 5,760.00
Total G&A Edxpenses 9,993.68 10,128.82 9,764.70 9,750.51 9,736.26 9,721.94 9,707.56 9,693.11 9,678.59 9,664.01 9,649.36 9,634.64 117,123.19

Staff Expenses
Salaries 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 33,875.00 406,500.00
Benefits 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 50,400.00
Payroll Taxes 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 2,591.44 31,097.25
Other Staff Expenses - - - - - - - - - - - - -
Total Staff Expenses 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 40,666.44 487,997.25

Professional Fees
Accounting Fees - - - 1,500.00 - 500.00 - - - - - - 2,000.00
Legal Fees 220.00 220.00 220.00 220.00 220.00 220.00 220.00 220.00 220.00 220.00 220.00 220.00 2,640.00
Total Professional Fees 212.18 220.00 220.00 1,720.00 220.00 720.00 220.00 220.00 220.00 220.00 220.00 220.00 4,632.18

Depreciation Expenses 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 1,766.67 21,200.00

Bad Debt Expenses - - - - - - - - - - - - -

Total Expenses: 54,223.96 54,366.93 54,002.81 55,488.62 53,974.36 54,460.05 53,945.66 53,931.21 53,916.70 53,902.11 53,887.46 53,872.75 649,972.62
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Other Income/Expense (Interest Income) 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 120.00
11.CASH FLOW SUMMARY


IDEAS - 3 Year Cash Flow Summary Report

Description: Pre-operation Year 1 Year 2 Year 3

Initial Cash Balance: - 236,400 75,975 129,915

Cash Flow from Operations:

Inflows form Operations:
Collections: - 251,040 601,610 1,032,600
Total Inflows form Operations: 251,040 601,610 1,032,600

Outflows form Operations:

Star-up Activities (63,600) - - -
Expenses - (432,665) (533,136) (649,853)
Less: Depreciation - 21,200 21,200 21,200
Total Outflows from Operations: (63,600) (411,465) (511,936) (628,653)

Net Cash Flow from Operations: (63,600) (160,425) 89,674 403,947

Cash Balance (After Operations): (63,600) 75,975.00 165,649 533,862

Cash From Financing Activities: 200,000 - (35,735) (37,750)

Cash Balance (After Financing): 136,400 75,975 129,915 496,112

Cash from Owners:

Capital Contribution: 100,000 - - -
Cash Distribution: - - - (300,000)
Total Cash from Owners: 100,000 - - -

Final Cash Balance for Period: 236,400 75,975 129,915 196,112

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 12.DETAILED CASH FLOW REPORT 


Year One Cash Flow

Description: Pre-operation Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Initial Cash Balance: - 236,400 202,307 167,864 139,771 124,378 117,085 106,293 91,800 86,307 72,814 82,321 80,548

Cash Flow from Operations:

Inflows form Operations:
Collections: - - - 6,000 20,200 26,800 23,800 19,600 28,600 20,600 43,600 32,320 29,520
Total Inflows form Operations: - - 6,000 20,200 26,800 23,800 19,600 28,600 20,600 43,600 32,320 29,520

Outflows form Operations:

Star-up Activities (63,600) - - - - - - - - - - - -
Expenses - (35,860) (36,210) (35,860) (37,360) (35,860) (36,360) (35,860) (35,860) (35,860) (35,860) (35,860) (35,860)
Less: Depreciation - 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767
Total Outflows from Operations: (63,600) (34,093) (34,443) (34,093) (35,593) (34,093) (34,593) (34,093) (34,093) (34,093) (34,093) (34,093) (34,093)

Net Cash Flow from Operations: (63,600) (34,093) (34,443) (28,093) (15,393) (7,293) (10,793) (14,493) (5,493) (13,493) 9,507 (1,773) (4,573)

Cash Balance (After Operations): (63,600) 202,307 167,864 139,771 124,378 117,085 106,293 91,800 86,307 72,814 82,321 80,548 75,975

Cash From Financing Activities: 200,000 - - - - - - - - - - - -

Cash Balance (After Financing): 136,400 202,307 167,864 139,771 124,378 117,085 106,293 91,800 86,307 72,814 82,321 80,548 75,975

Cash from Owners:

Capital Contribution: 100,000 - - - - - - - - - - - -
Cash Distribution: - - - - - - - - - - - - -
Total Cash from Owners: 100,000 - - - - - - - - - - - -

Final Cash Balance for Period: 236,400 202,307 167,864 139,771 124,378 117,085 106,293 91,800 86,307 72,814 82,321 80,548 75,975

Year Two Cash Flow

Description: Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Initial Cash Balance: 75,975 55,422 32,152 19,031 2,810 7,250 25,809 25,368 43,678 61,337 66,346 112,055

Cash Flow from Operations:

Inflows form Operations:
Collections: 24,920 22,520 32,320 30,720 49,880 64,500 45,000 63,750 63,100 50,450 91,150 63,300
Total Inflows form Operations: 24,920 22,520 32,320 30,720 49,880 64,500 45,000 63,750 63,100 50,450 91,150 63,300

Outflows form Operations:

Star-up Activities - - - - - - - - - - - -
Expenses (44,336) (44,640) (44,277) (45,764) (44,250) (44,737) (44,223) (44,209) (44,196) (44,182) (44,168) (44,154)
Less: Depreciation 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767
Total Outflows from Operations: (42,569) (42,874) (42,510) (43,997) (42,484) (42,970) (42,456) (42,443) (42,429) (42,415) (42,401) (42,387)

Net Cash Flow from Operations: (17,649) (20,354) (10,190) (13,277) 7,396 21,530 2,544 21,307 20,671 8,035 48,749 20,913

Cash Balance (After Operations): 58,326 35,069 21,961 5,754 10,207 28,780 28,353 46,676 64,349 69,372 115,095 132,968

Cash From Financing Activities: (2,904) (2,917) (2,930) (2,944) (2,957) (2,971) (2,984) (2,998) (3,012) (3,026) (3,039) (3,053)

Cash Balance (After Financing): 55,422 32,152 19,031 2,810 7,250 25,809 25,368 43,678 61,337 66,346 112,055 129,915

Cash from Owners:

Capital Contribution: - - - - - - - - - - - -
Cash Distribution: - - - - - - - - - - - -
Total Cash from Owners: - - - - - - - - - - - -

Final Cash Balance for Period: 55,422 32,152 19,031 2,810 7,250 25,809 25,368 43,678 61,337 66,346 112,055 129,915

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 Year Three Cash Flow
Description: Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Initial Cash Balance: 129,915 160,250 148,978 183,257 191,935 215,513 260,492 271,470 301,198 343,177 351,905 452,933

Cash Flow from Operations:

Inflows form Operations:
Collections: 85,850 44,400 89,600 65,500 78,900 100,800 66,300 85,050 97,300 64,050 156,350 98,500
Total Inflows form Operations: 85,850 44,400 89,600 65,500 78,900 100,800 66,300 85,050 97,300 64,050 156,350 98,500

Outflows form Operations:

Star-up Activities - - - - - - - - - - - -
Expenses (54,214) (54,357) (53,993) (55,479) (53,964) (54,450) (53,936) (53,921) (53,907) (53,892) (53,877) (53,863)
Less: Depreciation 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767 1,767
Total Outflows from Operations: (52,447) (52,590) (52,226) (53,712) (52,198) (52,683) (52,169) (52,155) (52,140) (52,125) (52,111) (52,096)

Net Cash Flow from Operations: 33,403 (8,190) 37,374 11,788 26,702 48,117 14,131 32,895 45,160 11,925 104,239 46,404

Cash Balance (After Operations): 163,317 152,060 186,352 195,045 218,637 263,630 274,623 304,366 346,358 355,101 456,144 499,337

Cash From Financing Activities: (3,067) (3,081) (3,096) (3,110) (3,124) (3,138) (3,153) (3,167) (3,182) (3,196) (3,211) (3,226)

Cash Balance (After Financing): 160,250 148,978 183,257 191,935 215,513 260,492 271,470 301,198 343,177 351,905 452,933 496,112

Cash from Owners:

Capital Contribution: - - - - - - - - - - - -
Cash Distribution: - - - - - - - - - - - (300,000)
Total Cash from Owners: - - - - - - - - - - - (300,000)

Final Cash Balance for Period: 160,250 148,978 183,257 191,935 215,513 260,492 271,470 301,198 343,177 351,905 452,933 196,112

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 13.BREAK EVEN ANALYSIS

IDEAS - BREAK EVEN ANALYSIS

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Revenues 6,000 20,200 26,800 23,800 19,600 28,600 20,600 43,600 32,320 29,520 24,920 22,520
Expenses 35,860 36,210 35,860 37,360 35,860 36,360 35,860 35,860 35,860 35,860 35,860 35,860
Net Profit (29,860) (16,010) (9,060) (13,560) (16,260) (7,760) (15,260) 7,740 (3,540) (6,340) (10,940) (13,340)

Month 13 Month 14 Month 15 Month 16 Month 17 Month 18 Month 19 Month 20 Month 21 Month 22 Month 23 Month 24

Revenues 32,320 30,720 49,880 64,500 45,000 63,750 63,100 50,450 91,150 63,300 85,850 44,400
Expenses 44,336 44,640 44,277 45,764 44,250 44,737 44,223 44,209 44,196 44,182 44,168 44,154
Net Profit (12,016) (13,920) 5,603 18,736 750 19,013 18,877 6,241 46,954 19,118 41,682 246

Month 25 Month 26 Month 27 Month 28 Month 29 Month 30 Month 31 Month 32 Month 33 Month 34 Month 35 Month 36

Revenues 89,600 65,500 78,900 100,800 66,300 85,050 97,300 64,050 156,350 98,500 125,850 92,400
Expenses 54,214 54,357 53,993 55,479 53,964 54,450 53,936 53,921 53,907 53,892 53,877 53,863
Net Profit 35,386 11,143 24,907 45,321 12,336 30,600 43,364 10,129 102,443 44,608 71,973 38,537

Break Even Analysis

200,000

150,000

100,000

50,000

-50,000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36
Month of Operation
Revenues Expenses Net Profit

[IDEAS] breaks even point occurs in month 15 of operation, given the assumptions
used

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14.FINANCIAL ASSUMPTIONS

Financial Assumptions Used:

Profit & Loss:

Revenue Growth: Year 1 Year 2 Year 3

- Number of Jobs: 2 5 8
YoY Growth: 150% 60%

- Total Revenue: (Includes

Supervision & Consulting) 298,480 684,420 1,120,600
YoY Growth: 129% 64%

Expense Increases: Year 1 Year 2 Year 3

Advertising 8% 4%
Staff Expenses
- SR Architects 7% 7%
- Other 3 - 4% 3 - 4%
- Payroll Taxes 7.65% 7.65% 7.65%
G&A Expenses 3% 3%

Finance Expenses
Interest Rate: 0.00% 5.50% 5.50%
Term (Month) 72 72 72
Finance Amount: 200,000

Depreciation (Month) 36.00

Balance Sheet:
Collection Days: 60 60 60
Accounts Payable: Paid Monthly
Capital Contributions: 100,000

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