Sun Heat

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Solar Water Heater Distributor Business Plan

Company Summary

Sun Heat has been formed as a California registered Corporation. The main shareholder is Sara Clark.

2.1 Company Ownership

Sun Heat has been established as a CA corporation. The main shareholder is Sara Clark, Founder and President.

2.2 Start-up Summary

Sun Heat will require the following items for start up of the business:

  • Computer system- the required components of this system include seven terminals, four laster printers, one central server, broadband Internet connections, and Microsoft Office for all computers, two ACT! licenses, and two QuickBooks Pro licenses.
  • Laptop computer and LCD projector.
  • Website development.
  • Office furniture including desks, cabinets and chairs for seven stations.
  • Waiting room furniture.
  • Eight extension telephone system including a hardware-based voice mail system.
  • Three large white boards.
  • Sales room promotional displays.
  • Fax machine and copier.
  • Racks and shelving for the warehouse.
  • Forklift.
Start-up Funding
Start-up Expenses to Fund $9,000
Start-up Assets to Fund $156,000
Total Funding Required $165,000
Assets
Non-cash Assets from Start-up $62,000
Cash Requirements from Start-up $94,000
Additional Cash Raised $0
Cash Balance on Starting Date $94,000
Total Assets $156,000
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
Investor 1 $60,000
Investor 2 $55,000
Other $50,000
Additional Investment Requirement $0
Total Planned Investment $165,000
Loss at Start-up (Start-up Expenses) ($9,000)
Total Capital $156,000
Total Capital and Liabilities $156,000
Total Funding $165,000
Start-up
Requirements
Start-up Expenses
Legal $4,000
Stationery etc. $1,000
Brochures $1,000
Consultants $2,000
Insurance $1,000
Total Start-up Expenses $9,000
Start-up Assets
Cash Required $94,000
Other Current Assets $0
Long-term Assets $62,000
Total Assets $156,000
Total Requirements $165,000