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Twin Brothers Construction

Company Summary

The brothers will invest a total of $90,000 combined ($55,000 and $35,000) in the start-up of the company. Initial cash requirements will total $50,000. Start-up assets total $55,000.

2.1 Start-up Summary

The following table describes our start-up requirements. One of our biggest start-up expenses involves the creation of a website. Ongoing maintenance expenses for the website are included in our Profit and Loss expenses section.

Commercial contractor business plan, company summary chart image

Start-up Funding
Start-up Expenses to Fund $35,000
Start-up Assets to Fund $55,000
Total Funding Required $90,000
Non-cash Assets from Start-up $25,000
Cash Requirements from Start-up $50,000
Additional Cash Raised $0
Cash Balance on Starting Date $50,000
Total Assets $75,000
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Planned Investment
Owner 1 $55,000
Owner 2 $35,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $90,000
Loss at Start-up (Start-up Expenses) ($35,000)
Total Capital $55,000
Total Capital and Liabilities $55,000
Total Funding $90,000
Start-up Expenses
Legal $2,000
Stationery etc. $100
Brochures $500
Consultants $2,000
Insurance $10,000
Rent (Deposit and 1st Month) $3,000
Work Equipment $6,000
Website Development $10,000
Other $1,400
Total Start-up Expenses $35,000
Start-up Assets
Cash Required $50,000
Other Current Assets $5,000
Long-term Assets $0
Total Assets $55,000
Total Requirements $90,000

2.2 Company Ownership

The company ownership will be shared by the Chairman and Chief Executive Officer in the following percentage amounts:

Chairman = 60%

Chief Executive Officer = 40%

Both owners are veterans in the building industry, each with over 25 years experience.