Crypto-Mining Financial Plan

Crypto-Mining Financial Plan

Tasks:

Create financial statements, cash flow.

· Estimate the capital requirements,

· use of capital,

· start-up requirements

· other probable costs involved in the implementation and subsequent operation of your project.

· Define a payback period.

· Prepare cash flow projections.

· Prepare a projected balance sheet representing the end of the first calendar year of operations and defining assets and liabilities, both current and long term.

· Prepare income statement projections for the end of the first calendar year of operations, including charts showing

· gross revenues

· gross profit

· net income

· Define the meaning of a break-even analysis and prepare an analysis appropriate for your project.

· Prepare a ratio analysis, including the definition and value of the following ratios (whichever applicable)—current, quick, debt, debt-to-equity, average inventory turnover, receivables turnover, payables turnover, net sales to working capital, net profit to sales, and net profit to equity.

Expenses

USB drives $ 0.87 each x 10,000 units

Postage $ 1.00 each x 10,000 units

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Development $ 2000.00 annual

Website $ 1000.00 annual

Hosting $ 1000.00 annual

Advertising $ 3000.00 monthly

Salaries $ 2000.00 monthly

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INCOME

3% on all accounts, any crypto currency.

Typical monthly earnings per user = $150 x .0.03 = $4.5 per user

Income projections per number-of-users

100 / 1000 / 5000 / 10,000, etc….