Miles Garden Carpentry

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Construction Carpenter Business Plan

Company Summary

Miles Garden Carpentry tailors solutions to customer's garden expectation needs. Currently, Miles Garden Carpentry is a subcontractor with Bentwood Custom Homes, Greenridge Homes, and Landmark Homes to provide garden carpentry services to their new homes in the Old Town area.

2.1 Company Ownership

Miles Garden Carpentry is owned by Joan Miles.

2.2 Start-up Summary

Joan Miles will provide the major investment in starting Miles Garden Carpentry. Joan will also secure an SBA loan. The following table and chart show projected initial start-up costs for Miles Garden Carpentry.

Start-up Expenses
Legal $2,000
Stationery etc. $300
Brochures $3,000
Construction Material $20,000
Insurance $1,000
Rent $1,000
Equipment and Tools $5,000
Vans (2) $30,000
Total Start-up Expenses $62,300
Start-up Assets
Cash Required $12,700
Other Current Assets $0
Long-term Assets $35,000
Total Assets $47,700
Total Requirements $110,000
Start-up Funding
Start-up Expenses to Fund $62,300
Start-up Assets to Fund $47,700
Total Funding Required $110,000
Non-cash Assets from Start-up $35,000
Cash Requirements from Start-up $12,700
Additional Cash Raised $0
Cash Balance on Starting Date $12,700
Total Assets $47,700
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $50,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $50,000
Planned Investment
Joan Miles $60,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $60,000
Loss at Start-up (Start-up Expenses) ($62,300)
Total Capital ($2,300)
Total Capital and Liabilities $47,700
Total Funding $110,000

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