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ChemSafe

Company Summary

ChemSafe makes an innovative line of biodegradable, environmentally safe, citrus cleaners.

2.1 Company Ownership

ChemSafe is owned by Charles Marshall.  Charles has ten years of janitorial experience and seven years of experience in manufacturing cleaners.

2.2 Start-up Summary

The start-up cost of ChemSafe will consist primarily of equipment and inventory. Charles Marshall will invest $81,500. A silent partner will also invest $81,500. Charles will also secure a $100,000 loan.

Cleaning products business plan, company summary chart image

Start-up
Requirements
Start-up Expenses
Legal $1,000
Stationery etc. $800
Brochures $2,000
Insurance $1,000
Rent $3,000
Expensed Equipment $140,000
Truck $20,000
Total Start-up Expenses $167,800
Start-up Assets
Cash Required $40,200
Start-up Inventory $5,000
Other Current Assets $0
Long-term Assets $50,000
Total Assets $95,200
Total Requirements $263,000
Start-up Funding
Start-up Expenses to Fund $167,800
Start-up Assets to Fund $95,200
Total Funding Required $263,000
Assets
Non-cash Assets from Start-up $55,000
Cash Requirements from Start-up $40,200
Additional Cash Raised $0
Cash Balance on Starting Date $40,200
Total Assets $95,200
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $100,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $100,000
Capital
Planned Investment
Charles Marshall $81,500
Silent Partner $81,500
Additional Investment Requirement $0
Total Planned Investment $163,000
Loss at Start-up (Start-up Expenses) ($167,800)
Total Capital ($4,800)
Total Capital and Liabilities $95,200
Total Funding $263,000