Three years.
Revenue, costs and cash.
The operating case, in USD. Year 1 begins when investment arrives.
| USD, rounded | Year 1 | Year 2 | Year 3 |
|---|---|---|---|
| Revenue | $369k | $1,166k | $1,993k |
| Operating costs | $741k | $1,071k | $1,376k |
| Operating profit / (loss) | −$372k | $95k | $617k |
| Planning tax allowance | $0k | $32k | $154k |
| Net after planning tax | −$372k | $62k | $462k |
Operating costs include founder pay. Net after planning tax is EBITDA less the model’s tax allowance, not accounting net income. These are scenarios, not guaranteed results.
And the cash?
| USD, rounded | Year 1 | Year 2 | Year 3 |
|---|---|---|---|
| Cash collected | $325k | $1,091k | $1,929k |
| Cash paid out | $782k | $1,108k | $1,518k |
| Net cash used / generated | −$457k | −$16k | $412k |
| Cash remaining at year end | $943k | $927k | $1,338k |
The initial $1.4m investment is included in cash remaining, not revenue or profit. Net cash excludes investment received. No owner distributions or later financing are assumed. Cash paid out includes operating payments, planning tax, equipment, financing costs and net settlement holdbacks.
What the plan assumes
- $1.4m proposed investment18 months of core operations without sales, equipment, financing costs, reserve and contingency.
- $59k monthly core budgetFive proposed roles, including founder pay; additional delivery staff join as modeled workload grows.
- 14 → 39 → 67 live customersRounded year-end operating-case estimates, not signed customers.
- Zero payouts to ownersEarlier cash losses are not fully recovered within the 36-month operating case.
Read the main assumptions and limits
The operating case targets 6, 10 and 14 qualified opportunities per month in Years 1, 2 and 3, converting 25%. It assumes a one-month sales cycle, another month from implementation start to launch, one-month invoice collection and 1% monthly churn. Delivery capacity limits launches.
The tax allowance is 25% of positive monthly EBITDA, without loss relief. It needs to be replaced with an accountant’s entity-specific calculation. Interest, depreciation and amortization are not separately modeled.
Current cash, debt and unpaid obligations remain unknown. Their zero calculation inputs are placeholders. The proposed team, pay, supplier costs and sales assumptions need management confirmation.
Unchanged spending exhausts cash in month 24 with no sales and month 30 in the downside case. Spending and the offer must be reconsidered if paid launches or their economics disappoint.
What is in the Excel workbook?
Start here opens with the same annual overview. The original monthly schedules, editable assumptions, funding calculation, scenario comparisons and checks follow. The calculations and assumptions were preserved during this polish pass.
This web page is a read-only view of the dated model. Download Excel to inspect formulas or edit assumptions; changes in your copy do not update this page.
17 September 2026 · Private discussion proposal · Simon Abitbol, simon@leadhouse.ca
Source: Stackmodo financial model, preserved baseline with a new annual summary. Rounded display values may not sum exactly.