Are you a business minded player? Try [BBF]
- This doesn’t have to be your only guild
- You don’t even have to be on the same server for this to work (can still operate via in game mail)
-For anybody interested, send me a message either here or in game
Kreish Jucall.3628
Training is available for those who do not trade on the TP. Join Today!
The following is [BBF] Baine Brokerage Firm’s Financial Documents for the first week of October.
The “-” symbol denotes a 0 balance
____________________________________
Baine Brokerage Firm
Income Statement
Oct-1 To Oct-7
—————————————————-
Revenue
Fees Earned $1,495.37
Interest Earned $-
Total Revenue $1,495.37
—————————————————-
Expenses
Depreciation Expense – Building $ 15.00
Salaries Expense $-
Wages Expense $ 318.63
Interest Expense $-
Supplies Expense $-
Sale Fee Expense $ 418.24
Total Expenses $ 751.87
—————————————————-
Net Income $ 743.50
__________________________________
Baine Brokerage Firm
Statement of Owners Equity
10-1-2013 to 10-7-2013
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K. Jucall Initial Investments Sep 2013 $-
Investments By Owner $3,120.00
Net Income $743.50 $3,863.50
Less Withdrawels By Owner $(300.00) $(300.00)
K. Jucall Capital OCT 7 2013 $3,563.50
__________________________________________
Baine Brokerage Firm
Balance Sheet
10-1-2013 to 10-7-2013
———————————————-
Assets
Cash $1,844.33
Supplies $487.97
Accounts Receivable $-
Interest Receivable $-
Building $720.00
Less Accumulated Depreciation $- $720.00
Equipment $511.20
Total Assets $3,563.50
Liabilities
Accounts Payable $-
Interest Payable $-
Salaries Payable $-
Wages Payable $-
Unearned Fees $-
Long-Term Notes Payable $-
Total Liabilities $-
Equity
K. Jucall Capital $3,563.50
Total Liabilities and Equity $3,563.50
__________________________________
- BBF is reporting all traders above quote. This impacted net profit, but brought higher wages to traders.
- BBF has a 28% profit margin going into the second week.
- We are actively recruiting more traders to help bring in more profits
(edited by Kreish Jucall.3628)
The following is [BBF] Baine Brokerage Firm’s Financial Documents for the second week of October.
The “-” symbol denotes a 0 balance
______________________________
Baine Brokerage Firm
Income Statement
Oct-13
Revenue
Fees Earned $4,705.34
Interest Earned $-
Total Revenue $4,705.34
Expenses
Depreciation Expense – Building $30.00
Salaries Expense $-
Wages Expense $1,016.82
Interest Expense $-
Supplies Expense $-
Sale Fee Expense $1,299.75
Total Expenses $2,346.57
Net Income $2,358.77
Baine Brokerage Firm
Statement of Owners Equity
Oct-13
K. Jucall Initial Investments Sep 2013 $-
Investments By Owner $3,120.00
Net Income $2,358.77 $5,478.77
Less Withdrawels By Owner $(1,147.26) $(1,147.26)
K. Jucall Capital OCT 31 2013 $4,331.51
_____________________________________
Baine Brokerage Firm
Balance Sheet
Oct-13
Assets
Cash $2,800.31
Supplies $300.00
Accounts Receivable $-
Interest Receivable $-
Building $720.00
Less Accumulated Depreciation $- $720.00
Equipment $511.20
Total Assets $4,331.51
Liabilities
Accounts Payable $-
Interest Payable $-
Salaries Payable $-
Wages Payable $-
Unearned Fees $-
Long-Term Notes Payable $-
Total Liabilities $-
Equity
K. Jucall Capital $4,331.51
Total Liabilities and Equity $4,331.51
___________________________________
- BBF was able to capitalize on the high sell ratio of Aether Key Piece’s. This doubled last weeks Net Income and brought a much higher payout for all of its traders.
- BBF has met its company-wide goal of 50% Margin on all trades.
- We are actively recruiting more traders to help bring in more profits.
As a reminder BBF does not require this to be your only guild. We also can work across servers so transfers are unnecessary. Anyone willing to learn and grow your business expertise is welcome to join, just contact me here or in game to Jareat Emptor (Maguuma)
The following is [BBF] Baine Brokerage Firm’s Financial Documents for the third week of October.
The “-” symbol denotes a 0 balance
———————————————————————-
Baine Brokerage Firm
Income Statement
Oct-13
Revenue
Fees Earned $5,871.81
Interest Earned $-
Total Revenue $5,871.81
Expenses
Depreciation Expense – Building $45.00
Salaries Expense $-
Wages Expense $1,270.32
Interest Expense $-
Supplies Expense $-
Sale Fee Expense $1,437.24
Total Expenses $2,752.56
Net Income $3,119.25
——————————————————————-
Baine Brokerage Firm
Statement of Owners Equity
Oct-13
K. Jucall Initial Investments Sep 2013 $-
Investments By Owner $3,120.00
Net Income $3,119.25 $6,239.25
Less Withdrawels By Owner $(1,147.26) $(1,147.26)
K. Jucall Capital OCT 31 2013 $5,091.99
———————————————————-
Baine Brokerage Firm
Balance Sheet
Oct-13
Assets
Cash $3,860.79
Supplies $(0.00)
Accounts Receivable $-
Interest Receivable $-
Building $720.00
Less Accumulated Depreciation $- $720.00
Equipment $511.20
Total Assets $5,091.99
Liabilities
Accounts Payable $-
Interest Payable $-
Salaries Payable $-
Wages Payable $-
Unearned Fees $-
Long-Term Notes Payable $-
Total Liabilities $-
Equity
K. Jucall Capital $5,091.99
Total Liabilities and Equity $5,091.99
-Margins Remain high following the Halloween event. BBF corp Capitalized on all the Halloween items which helped us to meet our quota with only two days of actual trading.
-Low wages were the result of our traders going on vacation. Therefore only two trading days were realized.
-BBF corp is Actively recruiting traders (A paid position). More information will be given when you contact me here, or in game (Jareat Emptor).