NW Architecture will provide a service of architectural design via digital media to the limits of technology. This approach will offer optimal efficiency to the firm and superior value, design processes, and construction methods to the client.
2.1 Company Ownership
NW Architecture will be created as a California corporation based in the Bay Area near San Francisco. It will be owned by its principal investor and operator, Nathan Sawyer.
2.2 Start-up Summary
NW Architecture’s start-up costs total $36,540. The most significant purchases needed are a blueprint machine, plotter, and drafting supplies. Nineteen thousand dollars is needed in cash to sustain the business for the first year to cover rent and wages until a profit is made.
|Total Start-up Expenses||$17,540|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$17,540|
|Start-up Assets to Fund||$19,000|
|Total Funding Required||$36,540|
|Non-cash Assets from Start-up||$0|
|Cash Requirements from Start-up||$19,000|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$19,000|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$19,000|
|Loss at Start-up (Start-up Expenses)||($17,540)|
|Total Capital and Liabilities||$19,000|
2.3 Company Locations and Facilities
The interim office of NW Architecture will be located in Walnut Creek, California until dedicated office space is secured.