Custom Jewelry Business Plan

Contemporary Ti Design

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Company Summary

Contemporary Ti Design, located in Hood River, OR, is a custom manufacturer of titanium jewelry. Contemporary Ti Design has a wide range of jewelry offerings, from pendants, to pins, to approximately. All of the pieces are made by Steve Artificer.  Steve sells the pieces direct through his website as well as through selected galleries and art shows.

The business will based out of Steve's home.

If the company goes as planned, month nine will signal profitability and year three will see profit of $17,000.

2.1 Company Ownership

Contemporary Ti Design is a sole proprietorship, owned by Steve Artificer. The advantage of incorporation generally eliminating personal liability is of little concern.

2.2 Start-up Summary

Contemporary Ti Design's start-up costs will include the following equipment for the home-based business:

  • Legal fees.
  • Website creation fees.
  • Home office furniture including desk, file cabinet, chairs.
  • Computer including printer, CD-RW.
  • DSL hookup.
  • Copier and fax machine.
  • Extra land phone line.
  • Cutting tools.
  • Raw materials (titanium sheet and wire).
  • Anodizing equipment.
Start-up
Requirements
Start-up Expenses
Legal $500
Stationery etc. $150
Website Development $500
DSL Set-up $100
Titanium Sheet $200
Other $0
Total Start-up Expenses $1,450
Start-up Assets
Cash Required $12,750
Start-up Inventory $0
Other Current Assets $0
Long-term Assets $2,800
Total Assets $15,550
Total Requirements $17,000
Start-up Funding
Start-up Expenses to Fund $1,450
Start-up Assets to Fund $15,550
Total Funding Required $17,000
Assets
Non-cash Assets from Start-up $2,800
Cash Requirements from Start-up $12,750
Additional Cash Raised $0
Cash Balance on Starting Date $12,750
Total Assets $15,550
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
Steve $17,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $17,000
Loss at Start-up (Start-up Expenses) ($1,450)
Total Capital $15,550
Total Capital and Liabilities $15,550
Total Funding $17,000
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Start-up
Requirements
Start-up Expenses
Legal $500
Stationery etc. $150
Website Development $500
DSL Set-up $100
Titanium Sheet $200
Other $0
Total Start-up Expenses $1,450
Start-up Assets
Cash Required $12,750
Start-up Inventory $0
Other Current Assets $0
Long-term Assets $2,800
Total Assets $15,550
Total Requirements $17,000
Start-up Funding
Start-up Expenses to Fund $1,450
Start-up Assets to Fund $15,550
Total Funding Required $17,000
Assets
Non-cash Assets from Start-up $2,800
Cash Requirements from Start-up $12,750
Additional Cash Raised $0
Cash Balance on Starting Date $12,750
Total Assets $15,550
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
Steve $17,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $17,000
Loss at Start-up (Start-up Expenses) ($1,450)
Total Capital $15,550
Total Capital and Liabilities $15,550
Total Funding $17,000