Fat Cat Creations

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Decorative Pottery Business Plan

Company Summary

Fat Cat Creations will offer customers a series of happy hanging Fat Cat ceramics that will come in assorted colors. Each Fat Cat piece will be unique and signed by the owner of Fat Cat Creations, Mary Baker. These ceramics will be sell in galleries and at festivals throughout the West, as well as on the Fat Cat Creations website.

2.1 Company Ownership

Mary Baker is the owner of Fat Cat Creations.

2.2 Start-up Summary

Fat Cat Creations' start-up costs consists mostly of raku firing equipment, transport containers and website development. There will be two equity owners in the business--Mary Baker will invest $20,000 and her brother will invest $10,000 as a silent partner in the business. In addition, she will secure a $60,000 SBA loan.

Start-up Expenses
Legal $1,000
Stationery etc. $300
Brochures $1,000
Website $10,000
Insurance $500
Transport Containers $5,000
Ceramic Equipment $15,000
Total Start-up Expenses $32,800
Start-up Assets
Cash Required $30,200
Start-up Inventory $0
Other Current Assets $12,000
Long-term Assets $15,000
Total Assets $57,200
Total Requirements $90,000
Start-up Funding
Start-up Expenses to Fund $32,800
Start-up Assets to Fund $57,200
Total Funding Required $90,000
Non-cash Assets from Start-up $27,000
Cash Requirements from Start-up $30,200
Additional Cash Raised $0
Cash Balance on Starting Date $30,200
Total Assets $57,200
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $60,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $60,000
Planned Investment
Mary Baker $20,000
Joshua Baker $10,000
Additional Investment Requirement $0
Total Planned Investment $30,000
Loss at Start-up (Start-up Expenses) ($32,800)
Total Capital ($2,800)
Total Capital and Liabilities $57,200
Total Funding $90,000

2.3 Company Locations and Facilities

Fat Cat Creations will be located in Mary Baker's home.