:: Northern Lights Franchise Consultants ::

“Making a lot of money is all right, provided you don’t have to pay too much for it.”

Albert Lasker

Financial Capability ::

Personal interests are important, but interest must match financial capability. To assess a business opportunity the following must be determined:

Net worth (total assets minus total liabilities)
Liquid capital available

Personal financial obligations

Assets	Total	Liabilities	Total

Cash		Accounts & notes payable
Negotiable securities		Unpaid income taxes
Accounts receivable		Other unpaid account
Real estate — market value — residence		Amount owing on credit card(s)
Real estate - market value — other		Loans on life insurance policies
Receivable mortgages		Mortgages payable - residence
Insurance cash value		Other mortgages or liens
Personal property		Other debts

Total	$	Total	$

Total assets	$
Less total liabilities	$	Will you require assistance to obtain financing?

Net worth	$

How do you propose to fund to this investment?		Do you have any judgements, liens or suits pending?

What amount of cash can you commit?		Annual income

Source_______________________	$_______	Salary or wages
Source_______________________	$_______	Bonuses
Source_______________________	$_______	Dividends or interest
Source_______________________	$_______	Partner/Spouse's income
Source_______________________	$_______	Other income

Total cash investment	$_______	Total annual income	$