Business Plan Practice
Business Plan Practice –Event Planning
NAME
MGT/465
June 27, 2011
Instructor
Business Plan Practice
Company Summary Events is a start-up company that provides wedding, civil marriage, baby shower, birthday party, anniversary parties and consulting services for brides, grooms, parents-to-be and long standing married couples. As experienced professional consultants, our expertises to create stress free memorable events for our customers. This allows our clients to relax and enjoy their event. BUGSBY Events’ creates events suited to a clients’ budget, style, uniqueness and expression of their individuality.
2.1 Company Ownership
This business will start out as Limited Liability Company (LLC), owned by its founders, Lulla and John Bugsby. The growth of this business will help the owners consider re-registering the business as a corporation.
2.2 Start-up Summary
The company founders, Lulla and John, will handle day-to-day operations of the plan and will work collaboratively to ensure the success of this business venture. The estimate start-up costs will be $3,000 (including legal costs, logo design, advertising, direct mail, and related expenses). In addition $5,000 will be required in the bank account as an operating capital for the first two months of operation. The start-up costs are to be financed in equal portions by the owners' personal funds (i.e., AnikBugsbyntoneo are investing $4,000 each).
Start-up Requirements
Start-up Expenses
Legal $200
Stationery etc. $450
Brochures $450
Insurance $300
Research and development $200
Expensed equipment $900
Other $500
Total Start-up Expenses $3,000
Start-up Assets
Cash Required $5,000
Other Current Assets $0
Long-term Assets $0
Total Assets $5,000
Total Requirements $8,000
Start-up Funding
Start-up Expenses to Fund $3,000
Start-up Assets to Fund $5,000
Funding Amount Required $8,000
Assets
Non-cash Assets from Start-up $0
Cash Requirements
NAME
MGT/465
June 27, 2011
Instructor
Business Plan Practice
Company Summary Events is a start-up company that provides wedding, civil marriage, baby shower, birthday party, anniversary parties and consulting services for brides, grooms, parents-to-be and long standing married couples. As experienced professional consultants, our expertises to create stress free memorable events for our customers. This allows our clients to relax and enjoy their event. BUGSBY Events’ creates events suited to a clients’ budget, style, uniqueness and expression of their individuality.
2.1 Company Ownership
This business will start out as Limited Liability Company (LLC), owned by its founders, Lulla and John Bugsby. The growth of this business will help the owners consider re-registering the business as a corporation.
2.2 Start-up Summary
The company founders, Lulla and John, will handle day-to-day operations of the plan and will work collaboratively to ensure the success of this business venture. The estimate start-up costs will be $3,000 (including legal costs, logo design, advertising, direct mail, and related expenses). In addition $5,000 will be required in the bank account as an operating capital for the first two months of operation. The start-up costs are to be financed in equal portions by the owners' personal funds (i.e., AnikBugsbyntoneo are investing $4,000 each).
Start-up Requirements
Start-up Expenses
Legal $200
Stationery etc. $450
Brochures $450
Insurance $300
Research and development $200
Expensed equipment $900
Other $500
Total Start-up Expenses $3,000
Start-up Assets
Cash Required $5,000
Other Current Assets $0
Long-term Assets $0
Total Assets $5,000
Total Requirements $8,000
Start-up Funding
Start-up Expenses to Fund $3,000
Start-up Assets to Fund $5,000
Funding Amount Required $8,000
Assets
Non-cash Assets from Start-up $0
Cash Requirements