R & R Printing is a new print brokerage firm.
2.1 Company Ownership
R & R Printing is a sole-proprietorship owned by Robert M. Scott, operated by Robert M. Scott and his wife Ronda E. Scott. The owner has extensive prior experience as a sales manager in the printing industry. Incorporation will be explored as a later option.
2.2 Start-up Summary
Our initial start-up costs will amount to approximately $65,000, of which $15,000 will be used to purchase office equipment and up-front manufacturing costs until credit is established with vendors. Additionally, we project the need for a financial commitment of another $50,000 to finance receivables and payroll expenses for the first 12 months of operation.
| Start-up |
|
|
| Legal |
$200 |
| Meet & Greet |
$600 |
| Business Plan |
$200 |
| Logo Design |
$1,500 |
| Stationery |
$900 |
| Insurance |
$4,000 |
| Business Cards |
$500 |
| Establish Credit |
$2,000 |
| Initial Mailing |
$100 |
| Process Funding |
$500 |
| Office Equipment |
$4,500 |
| Total Start-up Expenses |
$15,000 |
|
|
| Cash Required |
$40,000 |
| Other Current Assets |
$0 |
| Long-term Assets |
$0 |
| Total Assets |
$40,000 |
|
|
| Total Requirements |
$55,000 |
| Start-up Funding |
| Start-up Expenses to Fund |
$15,000 |
| Start-up Assets to Fund |
$40,000 |
| Total Funding Required |
$55,000 |
|
|
| Non-cash Assets from Start-up |
$0 |
| Cash Requirements from Start-up |
$40,000 |
| Additional Cash Raised |
$10,000 |
| Cash Balance on Starting Date |
$50,000 |
| Total Assets |
$50,000 |
|
|
|
|
|
|
| Liabilities |
|
| Current Borrowing |
$0 |
| Long-term Liabilities |
$50,000 |
| Accounts Payable (Outstanding Bills) |
$0 |
| Other Current Liabilities (interest-free) |
$0 |
| Total Liabilities |
$50,000 |
|
|
| Capital |
|
|
|
| Planned Investment |
|
| Owner |
$15,000 |
| Other |
$0 |
| Additional Investment Requirement |
$0 |
| Total Planned Investment |
$15,000 |
|
|
| Loss at Start-up (Start-up Expenses) |
($15,000) |
| Total Capital |
$0 |
|
|
|
|
| Total Capital and Liabilities |
$50,000 |
|
|
| Total Funding |
$65,000 |
2.3 Company Locations and Facilities
This is a home office venture, located in a studio in the owner's home.