Canine Critter College is a sole proprietorship based in Eugene, OR. Canine Critter College will offer three different levels of obedience training. The training will occur in a group setting, or through private lessons.
Canine Critter College is forecasted to reach profitability by month nine and will generate revenue of $91,000 by year three.
2.1 Company Ownership
Canine Critter College is a sole proprietorship founded and owned by Gerry Gestapo.
2.2 Start-up Summary
Canine Critter College will incur the following start-up costs:
- Computer system with a printer, CD-RW, Microsoft Office, QuickBooks Pro and broadband Internet connections.
- Fax machine, copier.
- Phone line, phone and answering machine.
- Assorted leashes, toys, collars.
Please note that the following items will be expensed; there will be no depreciation applied to them.
| Start-up |
|
|
| Legal |
$500 |
| Stationery etc. |
$100 |
| Brochures |
$200 |
| Other |
$0 |
| Total Start-up Expenses |
$800 |
|
|
| Cash Required |
$14,200 |
| Other Current Assets |
$0 |
| Long-term Assets |
$0 |
| Total Assets |
$14,200 |
|
|
| Total Requirements |
$15,000 |
| Start-up Funding |
| Start-up Expenses to Fund |
$800 |
| Start-up Assets to Fund |
$14,200 |
| Total Funding Required |
$15,000 |
|
|
| Non-cash Assets from Start-up |
$0 |
| Cash Requirements from Start-up |
$14,200 |
| Additional Cash Raised |
$0 |
| Cash Balance on Starting Date |
$14,200 |
| Total Assets |
$14,200 |
|
|
|
|
|
|
| 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 |
|
| Gerry |
$10,800 |
| Investor 2 |
$0 |
| Other |
$0 |
| Additional Investment Requirement |
$4,200 |
| Total Planned Investment |
$15,000 |
|
|
| Loss at Start-up (Start-up Expenses) |
($800) |
| Total Capital |
$14,200 |
|
|
|
|
| Total Capital and Liabilities |
$14,200 |
|
|
| Total Funding |
$15,000 |