Business Solutions Consulting

Start your own business plan »

Consulting Planning Business Plan

Start-up Summary

BSC's co-owners, Andrew B. Christiansen and David E. Fields, will each provide $49,750 in investment that will cover the bulk of the start-up expenses. The rest of the required financing will come from the Small Business Administration (SBA) 10-year loan in the amount of $100,000. Combined, these funds will be sufficient to cover the company's expenses throughout the first year of operations, which is the most critical from the cash flow standpoint.

The following chart and table contain projected initial start-up cost data.

Start-up
Requirements
Start-up Expenses
Legal $2,500
Office Supplies $2,000
Other $1,000
Total Start-up Expenses $5,500
Start-up Assets
Cash Required $150,000
Other Current Assets $20,000
Long-term Assets $25,000
Total Assets $195,000
Total Requirements $200,500
Start-up Funding
Start-up Expenses to Fund $5,500
Start-up Assets to Fund $195,000
Total Funding Required $200,500
Assets
Non-cash Assets from Start-up $45,000
Cash Requirements from Start-up $150,000
Additional Cash Raised $0
Cash Balance on Starting Date $150,000
Total Assets $195,000
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 $49,750
Investor 2 $49,750
Additional Investment Requirement $0
Total Planned Investment $99,500
Loss at Start-up (Start-up Expenses) ($5,500)
Total Capital $94,000
Total Capital and Liabilities $195,000
Total Funding $200,500