Shaw's Records Management and Data Storage
Company Summary
Shaw’s Records Management & Data Storage is a full-service, computerized records management company providing secure storage and indexing of paper records, digital media and other business-critical information. The company will be organized as a limited partnership.
Our computerized facility is strategically located in the northeast corridor within easy reach of Monroe and Tracy. Records are safe in our 30,000 square foot facility. Our comprehensive security system features exterior and interior cameras for 24-hour monitoring of the premises. Interior doors accessing the archive are locked, as are all dock doors and gates. Intrusion alarms and motion detectors are connected to the local police department and we have 24-hour off-site alarm monitoring. Surveillance cameras monitor all activity throughout the building and the archives section is surrounded by a 20′ high wired fence with locked gates.
2.1 Company Ownership
Shaw’s is owned by Martin Shaw and an investing partner.
2.2 Start-up Summary
The start-up expense for the Shaw’s is focused primarily on equipment, storage space, and materials needed for storage. Martin Shaw and the investing partner will contribute equally. In addition, Shaw will secure a long-term business loan.
| Start-up Funding | |
| Start-up Expenses to Fund | $342,600 |
| Start-up Assets to Fund | $157,400 |
| Total Funding Required | $500,000 |
| Assets | |
| Non-cash Assets from Start-up | $0 |
| Cash Requirements from Start-up | $157,400 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $157,400 |
| Total Assets | $157,400 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $150,000 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $150,000 |
| Capital | |
| Planned Investment | |
| Martin Shaw | $150,000 |
| Silent Partner | $200,000 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $350,000 |
| Loss at Start-up (Start-up Expenses) | ($342,600) |
| Total Capital | $7,400 |
| Total Capital and Liabilities | $157,400 |
| Total Funding | $500,000 |
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $2,000 |
| Stationery etc. | $600 |
| Brochures | $4,000 |
| Insurance | $1,000 |
| Rent | $5,000 |
| Leased Equipment | $180,000 |
| Storage Space Setup | $100,000 |
| Security | $50,000 |
| Total Start-up Expenses | $342,600 |
| Start-up Assets | |
| Cash Required | $157,400 |
| Other Current Assets | $0 |
| Long-term Assets | $0 |
| Total Assets | $157,400 |
| Total Requirements | $500,000 |
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