Executive Search and Rescue Firm

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Exec Employment Agency Business Plan

Company Summary

Executive, soon to be located in downtown Portland, is an executive search firm for emerging companies. While the majority of Executive's clients will be high technology clients, Executive will be able to serve any type of fast growing company. 

Executives' extensive networking system will allow them to have a high placement ratio. Additionally, Executives sophisticated screening system will ensure that the placements will be long lived. 

2.1 Company Ownership

Executive is an Oregon Corporation, founded and owned by Dan Bloodhound.

2.2 Start-up Summary

Executive will have the following start-up costs:

  • Legal fees. For the formation of the business form as well as generation and review of assorted contracts.
  • Office equipment. This includes desks, chairs, filing cabinets and couches, etc.
  • Computer system. This will include the necessary computer equipment for a server and three workstations.  Also needed will be a printer, CD-RW, and a DSL connection.
  • Web creation fees. Executive will have a website and these are the costs associated with the development of the site.
  • Advertising costs.

The assets that are used for more than a year will be listed as long-term assets and depreciated using the straight-line method.

Start-up
Requirements
Start-up Expenses
Legal $1,000
Stationery etc. $250
Brochures $0
Website Development $500
Insurance $0
Rent $0
Research and Development $0
Expensed Equipment $0
Other $0
Total Start-up Expenses $1,750
Start-up Assets
Cash Required $20,750
Other Current Assets $0
Long-term Assets $2,500
Total Assets $23,250
Total Requirements $25,000
Start-up Funding
Start-up Expenses to Fund $1,750
Start-up Assets to Fund $23,250
Total Funding Required $25,000
Assets
Non-cash Assets from Start-up $2,500
Cash Requirements from Start-up $20,750
Additional Cash Raised $0
Cash Balance on Starting Date $20,750
Total Assets $23,250
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
Dan $25,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $25,000
Loss at Start-up (Start-up Expenses) ($1,750)
Total Capital $23,250
Total Capital and Liabilities $23,250
Total Funding $25,000