Custom Pottery Business Plan

Kaolin Calefactors

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Company Summary

Kaolin Calefactors is a Eugene, OR based start-up company that hand makes production and custom ceramic dishware. KC sells their products in local crafts stores, craft fairs, and via their website.

2.1 Company Ownership

Kaolin Calefactors is a sole proprietorship founded and owned by Sue Glazer.

2.2 Start-up Summary

Kaolin Calefactors will incur the following start-up costs:

  • Computer system with a CD-RW, printer, Microsoft Office and QuickBooks Pro.
  • Commercial kiln.
  • Electric potters wheel.
  • Storage containers for the clay and glazes.
  • Assorted tools for trimming, edging and glazing.
  • Shelves and large tables for storage and work spaces.
  • Website development.

Please note that the following items which are considered assets to be used for more than a year will labeled long-term assets and will be depreciated using G.A.A.P. approved straight-line depreciation method.

Start-up
Requirements
Start-up Expenses
Legal $500
Website development $0
Brochures $150
Other $0
Total Start-up Expenses $650
Start-up Assets
Cash Required $11,750
Other Current Assets $0
Long-term Assets $5,600
Total Assets $17,350
Total Requirements $18,000
Start-up Funding
Start-up Expenses to Fund $650
Start-up Assets to Fund $17,350
Total Funding Required $18,000
Assets
Non-cash Assets from Start-up $5,600
Cash Requirements from Start-up $11,750
Additional Cash Raised $0
Cash Balance on Starting Date $11,750
Total Assets $17,350
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
Sue $18,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $18,000
Loss at Start-up (Start-up Expenses) ($650)
Total Capital $17,350
Total Capital and Liabilities $17,350
Total Funding $18,000
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Start-up
Requirements
Start-up Expenses
Legal $500
Website development $0
Brochures $150
Other $0
Total Start-up Expenses $650
Start-up Assets
Cash Required $11,750
Other Current Assets $0
Long-term Assets $5,600
Total Assets $17,350
Total Requirements $18,000
Start-up Funding
Start-up Expenses to Fund $650
Start-up Assets to Fund $17,350
Total Funding Required $18,000
Assets
Non-cash Assets from Start-up $5,600
Cash Requirements from Start-up $11,750
Additional Cash Raised $0
Cash Balance on Starting Date $11,750
Total Assets $17,350
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
Sue $18,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $18,000
Loss at Start-up (Start-up Expenses) ($650)
Total Capital $17,350
Total Capital and Liabilities $17,350
Total Funding $18,000