The Shipping Centre
Company Summary
The Shipping Centre, soon to be located in Salem, OR will be a full service shipping agency. Services will include USPS and UPS shipping, packaging of items, international shipments, and private Mail Boxes.
2.1 Company Ownership
The Shipping Centre is an Oregon Corporation, founded and owned by Steve Freighter.
2.2 Start-up Summary
The Shipping Centre start-up costs include:
- Legal fees–for the formation of the corporation and general business issues.
- Office equipment–includes tables, desks, file cabinets, tape dispensers, rulers, scissors, etc.
- Two computer systems with DSL, and CD-RW.
- Special software for work flow efficiencies.
- Advertising in the local newspaper.
- Signs for the front of the store.
- Scale.
- Mail Box set-up.
The items that will be considered long-term assets (for depreciation purposes) are:
- Office equipment.
- Computers.
- Software.
- Signs.
- Scale.
- Mail Box set-up.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $1,000 |
| Stationery etc. | $300 |
| Advertisements | $500 |
| Expensed Equipment | $0 |
| Other | $0 |
| Total Start-up Expenses | $1,800 |
| Start-up Assets | |
| Cash Required | $14,000 |
| Other Current Assets | $0 |
| Long-term Assets | $14,200 |
| Total Assets | $28,200 |
| Total Requirements | $30,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $1,800 |
| Start-up Assets to Fund | $28,200 |
| Total Funding Required | $30,000 |
| Assets | |
| Non-cash Assets from Start-up | $14,200 |
| Cash Requirements from Start-up | $14,000 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $14,000 |
| Total Assets | $28,200 |
| 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 | |
| Investor 1 | $30,000 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $30,000 |
| Loss at Start-up (Start-up Expenses) | ($1,800) |
| Total Capital | $28,200 |
| Total Capital and Liabilities | $28,200 |
| Total Funding | $30,000 |
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