Glen Mar Forest Products

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Wholesale Landscape Products Business Plan

Company Summary

Glen Mar Forest Products will create landscaping products.  Glen Mar Forest Products is located in Springfield, Oregon.  The location offers access to wood for manufacturing our products as well as excellent shipping resources. 

2.1 Company Ownership

Glen Mar's is owned by Charles Marshall.  Charles has ten years of landscaping experience and seven years of experience in wood by-products.

2.2 Start-up Summary

The start-up cost of Glen Mar Forest Products will consist primarily of equipment and inventory.  Charles Marshall and silent partner will each invest equally.  Charles will also secure a hefty long-term commerical loan in an amount matching the two partners' investment.

Start-up Funding
Start-up Expenses to Fund $107,800
Start-up Assets to Fund $92,200
Total Funding Required $200,000
Non-cash Assets from Start-up $70,000
Cash Requirements from Start-up $22,200
Additional Cash Raised $0
Cash Balance on Starting Date $22,200
Total Assets $92,200
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $100,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $100,000
Planned Investment
Charles Marshall $50,000
Silent Partner $50,000
Additional Investment Requirement $0
Total Planned Investment $100,000
Loss at Start-up (Start-up Expenses) ($107,800)
Total Capital ($7,800)
Total Capital and Liabilities $92,200
Total Funding $200,000
Start-up Expenses
Legal $1,000
Stationery etc. $800
Brochures $2,000
Insurance $1,000
Rent $3,000
Expensed Equipment $80,000
Truck $20,000
Total Start-up Expenses $107,800
Start-up Assets
Cash Required $22,200
Start-up Inventory $20,000
Other Current Assets $0
Long-term Assets $50,000
Total Assets $92,200
Total Requirements $200,000