Your T-Shirt!

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Custom Printed T-Shirts Business Plan

Company Summary

Your T-Shirt! is a start-up organization. It has been formed as a Washington registered L.L.C. by David Inkler. The L.L.C. formation was chosen as a way to minimize personal liability issues for the owner and avoiding the double taxation found in traditional corporations. 

2.1 Company Ownership

David Inkler is the Founder and President of Your T-Shirt!

2.2 Start-up Summary

 Your T-Shirt! will incur the following expenses for start up:

  • Two Apple Macintosh computers -- These will be high end models and utilize the following software: Microsoft Office, Adobe Photoshop and Illustrator, Macromedia FreeHand, and QuickBooks Pro.
  • HP XX Laser Printer -- This is a prototype printer not available to the public.
  • In-store computer kiosk -- This allows customers to view options for shirts and existing imagery.
  • Website -- This will be used for information disbursement as well as ordering.
  • Shelving display unit -- To display assorted graphic images on paper for easier viewing.
  • Broadband Internet connection.
  • Two desk/chair/office supplies sets.
  • Small shirt inventory -- Inventory will be kept small to lower overhead. This will be accomplished by using a shirt vendor who is one shipping day away, effectively using a just-in-time (JIT) system for managing inventory. 
  • Heat application unit -- To make the sublimation transfer.
Start-up Funding
Start-up Expenses to Fund $17,100
Start-up Assets to Fund $62,900
Total Funding Required $80,000
Assets
Non-cash Assets from Start-up $6,500
Cash Requirements from Start-up $56,400
Additional Cash Raised $0
Cash Balance on Starting Date $56,400
Total Assets $62,900
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $65,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $65,000
Capital
Planned Investment
D. Inkler $15,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $15,000
Loss at Start-up (Start-up Expenses) ($17,100)
Total Capital ($2,100)
Total Capital and Liabilities $62,900
Total Funding $80,000
Start-up
Requirements
Start-up Expenses
Legal $1,200
Stationery etc. $200
Brochures $0
Computer equipment $6,200
Rent $0
Insurance $0
Office furniture $1,000
Sublimation heat transfer unit $2,000
Wesite development $6,500
Total Start-up Expenses $17,100
Start-up Assets
Cash Required $56,400
Start-up Inventory $0
Other Current Assets $1,500
Long-term Assets $5,000
Total Assets $62,900
Total Requirements $80,000