EcoAquatics is starting very small, with the intention that it will be there later on, with a few key reference clients, when it is time to grow.
2.1 Start-up Summary
We have the advantage of a very simple start-up. There is no equipment needed, no rent, not even a phone line. Because we are purposely focusing on just a few clients who are friends and family, we don't need sales literature. The cost is the registration with the State of Oregon.
Start-up Funding
Start-up Expenses to Fund
$50
Start-up Assets to Fund
$0
Total Funding Required
$50
Assets
Non-cash Assets from Start-up
$0
Cash Requirements from Start-up
$0
Additional Cash Raised
$0
Cash Balance on Starting Date
$0
Total Assets
$0
Liabilities and Capital
Liabilities
Current Borrowing
$0
Long-term Liabilities
$0
Accounts Payable (Outstanding Bills)
$0
Other Current Liabilities (interest-free)
$0
Total Liabilities
$0
Capital
Planned Investment
Self investment from savings
$50
Other
$0
Additional Investment Requirement
$0
Total Planned Investment
$50
Loss at Start-up (Start-up Expenses)
($50)
Total Capital
$0
Total Capital and Liabilities
$0
Total Funding
$50
Start-up
Requirements
Start-up Expenses
Legal
$50
Expensed Equipment
$0
Other
$0
Total Start-up Expenses
$50
Start-up Assets
Cash Required
$0
Other Current Assets
$0
Long-term Assets
$0
Total Assets
$0
Total Requirements
$50
2.2 Company Ownership
EcoAquatics is registered in the State of Oregon, Lane County, as a fictitious business name. The business is owned and operated entirely by Megan Berry, who turned 15 a couple months before it was founded.
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