The Metolius Agency is a start-up graphics firm that serves small- to medium-sized companies. The firm will be based in Eugene, Ore. and will operate from a small, downtown office.
2.1 Company Ownership
The Metolius Agency is a sole proprietorship owned and operated by Kiev Lartiste.
2.2 Start-up Summary
The Metolius Agency will incur the following start-up costs:
- Assorted office furniture including two filing cabinets, two work desks, a couch and two chairs for the waiting area, a round table with chairs, and assorted fixtures for the office.
- Two computers, each with 21" monitors, graphic tablet, black and white laser printer, inkjet color printer, scanner, CD-RW, and the following software: Illustrator, Freehand, Quark, Photoshop, Font Management Utilities, Traffic Office Manager (a scheduling and billing software), and Microsoft Project.
- Development of the website which will include design time by Kiev and implementation from a University of Oregon computer science graduate student.
- A current library of requisite magazines and journals.
- A DSL connection.
- Assorted office supplies.
- Stationary and brochures.
- Legal fees regarding business formation, creation of standard client contracts, and other general advice.
Please note that the following items which are considered assets to be used for more than a year will be labeled long-term assets and will be depreciated using G.A.A.P. approved straight-line depreciation method.
| Start-up Funding |
| Start-up Expenses to Fund |
$1,000 |
| Start-up Assets to Fund |
$42,000 |
| Total Funding Required |
$43,000 |
|
|
| Non-cash Assets from Start-up |
$19,800 |
| Cash Requirements from Start-up |
$22,200 |
| Additional Cash Raised |
$0 |
| Cash Balance on Starting Date |
$22,200 |
| Total Assets |
$42,000 |
|
|
|
|
|
|
| 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 |
|
| Kiev |
$43,000 |
| Investor 2 |
$0 |
| Other |
$0 |
| Additional Investment Requirement |
$0 |
| Total Planned Investment |
$43,000 |
|
|
| Loss at Start-up (Start-up Expenses) |
($1,000) |
| Total Capital |
$42,000 |
|
|
|
|
| Total Capital and Liabilities |
$42,000 |
|
|
| Total Funding |
$43,000 |
| Start-up |
|
|
| Legal |
$500 |
| Stationery etc. |
$250 |
| Brochures |
$250 |
| Other |
$0 |
| Total Start-up Expenses |
$1,000 |
|
|
| Cash Required |
$22,200 |
| Other Current Assets |
$0 |
| Long-term Assets |
$19,800 |
| Total Assets |
$42,000 |
|
|
| Total Requirements |
$43,000 |