Sports Chiropractic Center
Sports Chiropractic is a chiropractic practice started by Dr. John Meeks in the newly opened Pacific Valley Sport Medicine Center. Sports Chiropractics will provide quality chiropractic services to athletes of all ages and work in conjunction with the Center’s physicians.
2.1 Start-up Summary
It is estimated that start-up expenses will be $20,000. An additional amount of $25,000 will be required as start-up assets. The start-up costs are to be financed by Dr. Meeks personal funds.
|Research and Development||$0|
|Total Start-up Expenses||$20,100|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$20,100|
|Start-up Assets to Fund||$24,900|
|Total Funding Required||$45,000|
|Non-cash Assets from Start-up||$0|
|Cash Requirements from Start-up||$24,900|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$24,900|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$45,000|
|Loss at Start-up (Start-up Expenses)||($20,100)|
|Total Capital and Liabilities||$24,900|
2.2 Company Ownership
Sports Chiropractic is owned by Dr. John Meeks.