Malone's Maternity was formed by Sandy Malone as an Ohio registered corporation.
2.1 Company Ownership
Sandy Malone is the primary shareholder in Malone's Maternity.
2.2 Start-up Summary
Malone's Maternity will incur the following start-up expenses:
- Point of purchase computer with back-end server.
- Additional computer for the office with an Internet connection and laser printer. Required software is Business Plan Pro, Microsoft Office, QuickBooks Pro.
- Three extension phone system.
- Copier and fax machine.
- Two office desk setups.
- Various shelving on the walls
- Build-out expenses including the shelving units, store fixtures, changing rooms, various chairs and couches, etc.
| Start-up Funding |
| Start-up Expenses to Fund |
$65,950 |
| Start-up Assets to Fund |
$74,050 |
| Total Funding Required |
$140,000 |
|
|
| Non-cash Assets from Start-up |
$22,500 |
| Cash Requirements from Start-up |
$51,550 |
| Additional Cash Raised |
$0 |
| Cash Balance on Starting Date |
$51,550 |
| Total Assets |
$74,050 |
|
|
|
|
|
|
| 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 |
|
| Investor 1 |
$55,000 |
| Investor 2 |
$45,000 |
| Other |
$40,000 |
| Additional Investment Requirement |
$0 |
| Total Planned Investment |
$140,000 |
|
|
| Loss at Start-up (Start-up Expenses) |
($65,950) |
| Total Capital |
$74,050 |
|
|
|
|
| Total Capital and Liabilities |
$74,050 |
|
|
| Total Funding |
$140,000 |
| Start-up |
|
|
| Legal |
$2,500 |
| Stationery etc. |
$500 |
| Brochures |
$250 |
| Consultants |
$0 |
| Insurance |
$200 |
| Rent |
$2,500 |
| Research and Development |
$0 |
| Build-out |
$50,000 |
| Inventory |
$10,000 |
| Total Start-up Expenses |
$65,950 |
|
|
| Cash Required |
$51,550 |
| Start-up Inventory |
$0 |
| Other Current Assets |
$3,500 |
| Long-term Assets |
$19,000 |
| Total Assets |
$74,050 |
|
|
| Total Requirements |
$140,000 |