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 |
|
|
| 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 |
|
| 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 |
|
|
| Legal |
$50 |
| Expensed Equipment |
$0 |
| Other |
$0 |
| Total Start-up Expenses |
$50 |
|
|
| 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.