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Packaging and Shipping Business Plan

Company Summary

AuctionShipper is a new eBay users, Detroit-based shipper who concentrates in auction-based shipping services. AuctionShipper offers the most convenient, inexpensive, environmentally sound shipping service. Through environmentally sound practices such as using only recycled shipping materials, AuctionShipper is able to offer competitive pricing that is easily able to undercut competing services.

2.1 Start-up Summary

AuctionShipper will require the following items for business start-up:

  • Cash register;
  • Fax machine;
  • Computer system with printer, broadband Internet connection, bar code scanner, and assorted software;
  • Office furniture;
  • Three 5"x20" counter tops;
  • Neon sign;
  • Assorted office and packing supplies.
Start-up Funding
Start-up Expenses to Fund $6,275
Start-up Assets to Fund $63,725
Total Funding Required $70,000
Non-cash Assets from Start-up $4,000
Cash Requirements from Start-up $59,725
Additional Cash Raised $0
Cash Balance on Starting Date $59,725
Total Assets $63,725
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Planned Investment
Investor 1 $30,000
Investor 2 $40,000
Additional Investment Requirement $0
Total Planned Investment $70,000
Loss at Start-up (Start-up Expenses) ($6,275)
Total Capital $63,725
Total Capital and Liabilities $63,725
Total Funding $70,000
Start-up Expenses
Legal $1,000
Stationery etc. $250
Brochures $200
Consultants $2,000
Insurance $125
Rent $700
Expensed Equipment $2,000
Total Start-up Expenses $6,275
Start-up Assets
Cash Required $59,725
Other Current Assets $0
Long-term Assets $4,000
Total Assets $63,725
Total Requirements $70,000

2.2 Company Ownership

AuctionShipper is a sole proprietorship owned by John Paacker.