Calico Computer Consulting will be a start-up venture with the following characteristics:
CCC will initially be a sole proprietorship.
The goal will be to start the venture as inexpensively as possible, with no debt financing.
CCC will be a home office start-up, utilizing one studio room in the owner's home.
2.1 Start-up Summary
In keeping with the company philosophy of avoiding the use of debt, the goal is to start-up as inexpensively as possible. This is in line with industry figures that show that computer consulting start-ups are ideal entrepreneurial opportunities with very low start-up costs. Total start-up expenses for CCC come to $2,050, all of which will be financed through owner investment.
Most expenses are typical start-up paperwork fees (legal, accounting, etc.).
Cash requirements consist of one month's rent as a reserve.
$500 for expensed equipment will be used to purchase a new All-In-One printer, fax, answering machine to replace an aging inkjet printer.
Total Start-up Expenses
Other Current Assets
Start-up Expenses to Fund
Start-up Assets to Fund
Total Funding Required
Non-cash Assets from Start-up
Cash Requirements from Start-up
Additional Cash Raised
Cash Balance on Starting Date
Liabilities and Capital
Accounts Payable (Outstanding Bills)
Other Current Liabilities (interest-free)
Additional Investment Requirement
Total Planned Investment
Loss at Start-up (Start-up Expenses)
Total Capital and Liabilities
2.2 Company Locations and Facilities
This is a home office venture, located in one studio of the owner's home.
Computer facilities will initially consist of the owner's existing system.
Telephone - one line currently serves the location. A second line for data use should be added soon.
Utilities are already provided, included in the space rent of $425.
2.3 Company Ownership
Calico Computer Consulting will be created initially as a sole proprietorship, owned and operated by Doug Burham. Incorporation, probably as a LLC, will be explored as a later option.