Monthly Expenses and Income

In order to calculate the expenses I estimated that when first starting out Pika would be supplying to twenty five small specialty stores that are located in areas with high outdoor activity levels. The estimated number of each item sold at each store runs from one item every two weeks to three items per week. The Estimated number sold per month of each product, which are seen below in parenthesis, are an estimation of the average combined sales from all twenty five stores. Pika’s flagship store which is located in the Roaring Fork Valley is included as one of the initial twenty five and also serves as the distribution point for all merchandise. In order not to overestimate income I did not add additional income to items sold in the flagship store but rather maintained the same income as if the items were sold to another specialty store. The four employees listed in the expense category are the four founders: Myself, Tristan, Vanessa, and Beau.

Expenses: On a monthly basis
Shirts ($8 each) (375) = $3000
Hiking boots ($45 each) (63) =$ 2835
Gloves ($ 10 each) (125) = $1250
Hats ($7 each) (187) = $1309
Jackets ($50 each) (93) = $4650
Pants ($12) (125) = $1500
Shorts ($7) (125) = $875
Mortgage $4000
Electric/Gas $150
Water $70
Employees (4 @ $2500) = #10,000
Bi-monthly Shipping ($1000) (2) = $2000
TOTAL = $31,639

Income: On a monthly basis
Shirts ($17 each) (375) = $6375
Hiking boots ($115 each) (63) =$ 7245
Gloves ($ 24 each) (125) = $3000
Hats ($13 each) (187) = $2431
Jackets ($110 each) (93) = $10230
Pants ($20) (125) = $2500
Shorts ($15) (125) = $1875
TOTAL = $33,656

PROFIT = $2017