The Art Sentry
Company Summary
The Art Sentry is a home-based service provider that specializes in packaging and installation of artwork. The owner, Dan Klutz, is an industry trained professional who is methodical in the handling of valuable art work. Dan has experience in many different mediums including paintings, sculptures, mobiles and ceramics. The Art Sentry will service both residential and commercial clients.
2.1 Company Ownership
The Art Sentry is a sole proprietorship founded and owned by Dan Klutz. It will be operated out of Dan’s Portland, OR home.
2.2 Start-up Summary
The Art Sentry will incur the following start-up costs:
- Computer system with a CD-RW, printer, Microsoft® Office and QuickBooks® Pro.
- Cordless power drill, hand crank drill, hammer, dolly, screw driver set, drill bit set, level, chalk and pencils.
- Foam, tape, cardboard, plastic, hooks, screws, screw eyes.
- Land line phone and cellular phone.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $500 |
| Stationery etc. | $150 |
| Assorted materials | $100 |
| Computer System | $2,200 |
| Other | $0 |
| Total Start-up Expenses | $2,950 |
| Start-up Assets | |
| Cash Required | $12,050 |
| Other Current Assets | $0 |
| Long-term Assets | $0 |
| Total Assets | $12,050 |
| Total Requirements | $15,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $2,950 |
| Start-up Assets to Fund | $12,050 |
| Total Funding Required | $15,000 |
| Assets | |
| Non-cash Assets from Start-up | $0 |
| Cash Requirements from Start-up | $12,050 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $12,050 |
| Total Assets | $12,050 |
| 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 | |
| Dan | $15,000 |
| Investor 2 | $0 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $15,000 |
| Loss at Start-up (Start-up Expenses) | ($2,950) |
| Total Capital | $12,050 |
| Total Capital and Liabilities | $12,050 |
| Total Funding | $15,000 |
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