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.

Start-up Funding | |
Start-up Expenses to Fund | $35,000 |
Start-up Assets to Fund | $55,000 |
Total Funding Required | $90,000 |
Assets | |
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 | |
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 | |
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 | |
Requirements | |
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.