Nothing
Start-up Summary
The founders of the company are Andrew Flounderson and his companion Jane Flap. Jane focuses on the financial issues and Andrew on the personnel issues. Jane earned her business major undergraduate degree from the University of Berkeley.
We have found the location and secured the lease for $2,000 per month. We will be able to set up shop in time to begin turning back a profit by the end of month eleven and be profitable in the second year. The place is already equipped as a restaurant so we plan to come up with a total of $40,000 in capital, plus a $100,000 SBA-guaranteed loan, to start up the company.
Start-up Funding | | | Start-up Expenses to Fund | $3,000 | Start-up Assets to Fund | $138,000 | Total Funding Required | $141,000 | | | Assets | | Non-cash Assets from Start-up | $50,000 | Cash Requirements from Start-up | $88,000 | Additional Cash Raised | $0 | Cash Balance on Starting Date | $88,000 | Total Assets | $138,000 | | | | | Liabilities and Capital | | | | Liabilities | | Current Borrowing | $0 | Long-term Liabilities | $100,000 | Accounts Payable (Outstanding Bills) | $1,000 | Other Current Liabilities (interest-free) | $0 | Total Liabilities | $101,000 | | | Capital | | | | Planned Investment | | Investor 1 | $25,000 | Investor 2 | $15,000 | Additional Investment Requirement | $0 | Total Planned Investment | $40,000 | | | Loss at Start-up (Start-up Expenses) | ($3,000) | Total Capital | $37,000 | | | | | Total Capital and Liabilities | $138,000 | | | Total Funding | $141,000 |
Start-up | | | Requirements | | | | Start-up Expenses | | Legal | $1,000 | Stationery etc. | $1,000 | Other | $1,000 | Total Start-up Expenses | $3,000 | | | Start-up Assets | | Cash Required | $88,000 | Other Current Assets | $50,000 | Long-term Assets | $0 | Total Assets | $138,000 |
The founders of the company are Andrew Flounderson and his companion Jane Flap. Jane focuses on the financial issues and Andrew on the personnel issues. Jane earned her business major undergraduate degree from the University of Berkeley.
We have found the location and secured the lease for $2,000 per month. We will be able to set up shop in time to begin turning back a profit by the end of month eleven and be profitable in the second year. The place is already equipped as a restaurant so we plan to come up with a total of $40,000 in capital, plus a $100,000 SBA-guaranteed loan, to start up the company.
Start-up Funding | | | Start-up Expenses to Fund | $3,000 | Start-up Assets to Fund | $138,000 | Total Funding Required | $141,000 | | | Assets | | Non-cash Assets from Start-up | $50,000 | Cash Requirements from Start-up | $88,000 | Additional Cash Raised | $0 | Cash Balance on Starting Date | $88,000 | Total Assets | $138,000 | | | | | Liabilities and Capital | | | | Liabilities | | Current Borrowing | $0 | Long-term Liabilities | $100,000 | Accounts Payable (Outstanding Bills) | $1,000 | Other Current Liabilities (interest-free) | $0 | Total Liabilities | $101,000 | | | Capital | | | | Planned Investment | | Investor 1 | $25,000 | Investor 2 | $15,000 | Additional Investment Requirement | $0 | Total Planned Investment | $40,000 | | | Loss at Start-up (Start-up Expenses) | ($3,000) | Total Capital | $37,000 | | | | | Total Capital and Liabilities | $138,000 | | | Total Funding | $141,000 |
Start-up | | | Requirements | | | | Start-up Expenses | | Legal | $1,000 | Stationery etc. | $1,000 | Other | $1,000 | Total Start-up Expenses | $3,000 | | | Start-up Assets | | Cash Required | $88,000 | Other Current Assets | $50,000 | Long-term Assets | $0 | Total Assets | $138,000 |