Gentle Touch Creations

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Cosmetic Herbal Sundries Business Plan

Company Summary

Gentle Touch Creations is a provider of herbal products including herbal therapy packs, soaps, Saint-John's-wort oil, balsam eye packs, salves, moisturizers, herbal bath bags, and bath powder. Gentle Touch Creations sells its product line to herbal product companies that sell baskets with specific herbal themes.

The company will be organized as a Sole Proprietorship.

2.1 Company Ownership

Gentle Touch Creations is owned by Joanne Lovejoy.

2.2 Start-up Summary

The start-up expense for the Gentle Touch Creations is focused primarily on production and extraction equipment. Joanne Lovejoy will invest $50,000. In addition, she will secure a $50,000 SBA loan.

Start-up Expenses
Legal $600
Stationery etc. $100
Insurance $300
Rent $600
Expensed Equipment $40,000
Total Start-up Expenses $41,600
Start-up Assets
Cash Required $33,400
Start-up Inventory $5,000
Other Current Assets $5,000
Long-term Assets $15,000
Total Assets $58,400
Total Requirements $100,000
Start-up Funding
Start-up Expenses to Fund $41,600
Start-up Assets to Fund $58,400
Total Funding Required $100,000
Non-cash Assets from Start-up $25,000
Cash Requirements from Start-up $33,400
Additional Cash Raised $0
Cash Balance on Starting Date $33,400
Total Assets $58,400
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $50,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $50,000
Planned Investment
Joanne Lovejoy $50,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $50,000
Loss at Start-up (Start-up Expenses) ($41,600)
Total Capital $8,400
Total Capital and Liabilities $58,400
Total Funding $100,000

2.3 Company Locations and Facilities

Gentle Touch Creations is located in a 2,000 square foot manufacturing space in the Sneed Industrial Park in northwest Tracy.