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Hass Irrigation Systems
Company Summary
Hass Irrigation Systems tailors solutions to customer’s irrigation needs. Currently, Hass Irrigation Systems is a subcontractor with Bentwood Custom Homes, Greenridge Homes, and Landmark Homes to provide garden carpentry services to their new homes in the Lake Charles area.
Hass Irrigation Systems firmly believes that “you get what you pay for.” Not only in terms of customer irrigation systems, but also in terms of staff and equipment. We have invested a great deal of time and effort in hand picking the most qualified employees and then gave them the tools and support they need to excel at their job. This philosophy also extends to the equipment and hardware we use. Everything is top-of-the-line and has been chosen specifically for its ability to meet our customer’s exacting standards.
Andrew Hass, owner of Hass Irrigation Systems, has spent over 15 years developing his own program and protocols. The result is a comprehensive, custom-designed program. His experience will meet the customer’s needs faster than any other company.
2.1 Start-up Summary
Andrew Hass will invest $60,000 in Hass Irrigation Systems. Andrew will also secure a $100,000 loan.
The following table and chart show projected initial start-up costs for Hass Irrigation Systems.
| Start-up Funding | |
| Start-up Expenses to Fund | $57,300 |
| Start-up Assets to Fund | $102,700 |
| Total Funding Required | $160,000 |
| Assets | |
| Non-cash Assets from Start-up | $90,000 |
| Cash Requirements from Start-up | $12,700 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $12,700 |
| Total Assets | $102,700 |
| 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 | |
| Andrew Hass | $60,000 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $60,000 |
| Loss at Start-up (Start-up Expenses) | ($57,300) |
| Total Capital | $2,700 |
| Total Capital and Liabilities | $102,700 |
| Total Funding | $160,000 |
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $2,000 |
| Stationery etc. | $300 |
| Brochures | $3,000 |
| Insurance | $1,000 |
| Rent | $1,000 |
| Equipment and Tools | $20,000 |
| Vans (2) | $30,000 |
| Total Start-up Expenses | $57,300 |
| Start-up Assets | |
| Cash Required | $12,700 |
| Start-up Inventory | $40,000 |
| Other Current Assets | $0 |
| Long-term Assets | $50,000 |
| Total Assets | $102,700 |
| Total Requirements | $160,000 |
2.2 Company Ownership
Hass Irrigation Systems is owned by Andrew Hass.