Animal Day Care Business Plan

Doggie Pause

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Company Summary

Doggie Pause will be established as a Subchapter S corporation owned in equal shares by two founders, Barque Oldeyeller and Rufe Rintintin. We are working with the local legal firm Akita, Shar-Pei, Pug & Kesshond, to establish the legal entity.

2.1 Start-up Summary

The start up for Doggie Pause will be simple and cost efficient. Rent and utilities will be the main expense, which will consist of a large building space and office. There will be many advertising expenses in the beginning that will promote the service, and this expense will lessen as months go on and people become aware of our service. Start-up inventory will be mainly shampoo and grooming supplies, food for the dogs, and other supplies like bedding. Assets will be the kennels and play structures for the dogs, and the bathing facilities.

Loans will be needed to start up the company, and we will also be investing some of our own funds. At this point we're planning to invest $10,000 each as founders, and to take a small business loan of $42K. The loan will be paid off over three years as shown in the cash flow.

Start-up Funding
Start-up Expenses to Fund $32,500
Start-up Assets to Fund $27,500
Total Funding Required $60,000
Assets
Non-cash Assets from Start-up $10,140
Cash Requirements from Start-up $20,000
Additional Cash Raised $0
Cash Balance on Starting Date $20,000
Total Assets $30,140
Liabilities and Capital
Liabilities
Current Borrowing $40,000
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $40,000
Capital
Planned Investment
Barque Oldeyeller $10,000
Rufe Rintintin $10,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $20,000
Loss at Start-up (Start-up Expenses) ($32,500)
Total Capital ($12,500)
Total Capital and Liabilities $27,500
Total Funding $60,000
Start-up
Requirements
Start-up Expenses
Legal $1,500
Brochures $1,500
Insurance $5,000
Rent $2,500
Expensed equipment $20,000
Other $2,000
Total Start-up Expenses $32,500
Start-up Assets
Cash Required $20,000
Other Current Assets $0
Long-term Assets $7,500
Total Assets $27,500
Total Requirements $60,000
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Start-up Funding
Start-up Expenses to Fund $32,500
Start-up Assets to Fund $27,500
Total Funding Required $60,000
Assets
Non-cash Assets from Start-up $10,140
Cash Requirements from Start-up $20,000
Additional Cash Raised $0
Cash Balance on Starting Date $20,000
Total Assets $30,140
Liabilities and Capital
Liabilities
Current Borrowing $40,000
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $40,000
Capital
Planned Investment
Barque Oldeyeller $10,000
Rufe Rintintin $10,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $20,000
Loss at Start-up (Start-up Expenses) ($32,500)
Total Capital ($12,500)
Total Capital and Liabilities $27,500
Total Funding $60,000
Start-up
Requirements
Start-up Expenses
Legal $1,500
Brochures $1,500
Insurance $5,000
Rent $2,500
Expensed equipment $20,000
Other $2,000
Total Start-up Expenses $32,500
Start-up Assets
Cash Required $20,000
Other Current Assets $0
Long-term Assets $7,500
Total Assets $27,500
Total Requirements $60,000