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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.

Document storage business plan, company summary chart image

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