Budget Using Goal Seek

ALFORD REALTY COMPANY

ANNUAL BUDGET
($000)
Q1
Revenues
Expenses
Commissions
Salaries & Benefits
Rent & Utilities
Travel & Entertainment
General Office
All Other
Total Expenses
Gross Profit

Q2

Q3

6,700 $

6,834

3,350
1,000
75
10
50
100
4,585
2,115 $

3,417
1,050
75
12
51
103
4,708
2,126

Q4

7,039

3,520
1,620
75
13
52
107
5,387
1,652

YR TOTAL

7,391

$ 27,964

3,696
1,700
75
13
53
112
5,649
1,742

13,983
5,370
300
48
206
422
20,329
$ 7,635

Growth rate per quarter

Assumptions:
Revenues
Commissions
Salaries & Benefits
Rent & Utilities
Travel & Entertainment
General Office
All Other

2%
50% of revenues for each quarter.
as stated.
as stated.
as stated.
2%
3%

Revenues
Commercial
Residential
Total

($000)
($000)
Gross Sales
Comm Rate Commissions
$
50,000
8% $
4,000
45,000
6%
2,700
$
95,000
$
6,700

Page 1

3%

5%

2%
4%

2%
5%

Budget Using Solver

ALFORD REALTY COMPANY
ANNUAL BUDGET
($000)
Q1
Revenues
Expenses
Commissions
Salaries & Benefits
Rent & Utilities
Travel & Entertainment
General Office
All Other
Total Expenses
Gross Profit

Q2

Q3

8,750 $

8,925

4,375
1,000
75
10
50
100
5,610
3,140 $

4,463
1,050
75
12
51
103
5,754
3,171

Q4

9,193

4,597
1,620
75
13
52
107
6,464
2,729

YR TOTAL

9,653

$ 36,521

4,827
1,700
75
13
53
112
6,780
2,873

18,262
5,370
300
48
206
422
24,608
11,913

Growth rate per quarter

Assumptions:
Revenues
Commissions
Salaries & Benefits
Rent & Utilities
Travel & Entertainment
General Office
All Other

2%
50% of revenues for each quarter.
as stated.
as stated.
as stated.
2%
3%

Revenues
Commercial
Residential
Total

($000)
($000)
Gross Sales
Comm Rate Commissions
$
100,000
7% $
7,000
58,333
3%
1,750
$
158,333
$
8,750

Page 2

3%

5%

2%
4%

2%
5%