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Historical Financial Standing – [Golden Key Partnership]
Profit + Owner Pay + Tax Reserve (Compared to Real Rev) 2017 48%
Profit + Owner Pay + Tax Reserve (Compared to Real Rev) 2018 (YTD) 57%
Profit + Owner Pay + Tax Reserve (Compared to Real Rev) Avg. 53%
Historical Financial Allocation Analysis
Profit Profit
FINANCIAL YEAR: 2017 Actual Actual First First Delta Fix
$ % % $
Top Line Revenue 86,015
Materials &
Subcontractors 0
Real Revenue 86,015 100% 100%
Profit 0 0% 5% 4,301 -4,301 INCREASE
Owners Pay 41,456 48% 50% 43,008 -1,552 INCREASE
Tax 0 0% 15% 12,902 -12,902 INCREASE
Operating Expenses 44,559 52% 30% 25,805 18,755 DECREASE
We can see from the above analysis from the prior year (2017), that none of the 4 key allocations were
better than suggested by the Profit First model for a business with a c$0k - $250k Real Revenue level,
although the Owner’s Pay allocation was close to the target baseline level. The other areas fell below
the recommended baseline allocation percentages and would need adjusting to match the
recommendation. This will need to be derived from a further reduction in OpEx which will effectively
transfer and be allocated into Profit, Owner’s Pay and Tax.
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