Canine Critter College
Company Summary
Canine Critter College is a sole proprietorship based in Eugene, OR. Canine Critter College will offer three different levels of obedience training. The training will occur in a group setting, or through private lessons.
Canine Critter College is forecasted to reach profitability by month nine and will generate revenue of $91,000 by year three.
2.1 Company Ownership
Canine Critter College is a sole proprietorship founded and owned by Gerry Gestapo.
2.2 Start-up Summary
Canine Critter College will incur the following start-up costs:
- Computer system with a printer, CD-RW, Microsoft Office, QuickBooks Pro and broadband Internet connections.
- Fax machine, copier.
- Phone line, phone and answering machine.
- Assorted leashes, toys, collars.
Please note that the following items will be expensed; there will be no depreciation applied to them.
Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $500 |
Stationery etc. | $100 |
Brochures | $200 |
Other | $0 |
Total Start-up Expenses | $800 |
Start-up Assets | |
Cash Required | $14,200 |
Other Current Assets | $0 |
Long-term Assets | $0 |
Total Assets | $14,200 |
Total Requirements | $15,000 |
Start-up Funding | |
Start-up Expenses to Fund | $800 |
Start-up Assets to Fund | $14,200 |
Total Funding Required | $15,000 |
Assets | |
Non-cash Assets from Start-up | $0 |
Cash Requirements from Start-up | $14,200 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $14,200 |
Total Assets | $14,200 |
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 | |
Gerry | $10,800 |
Investor 2 | $0 |
Other | $0 |
Additional Investment Requirement | $4,200 |
Total Planned Investment | $15,000 |
Loss at Start-up (Start-up Expenses) | ($800) |
Total Capital | $14,200 |
Total Capital and Liabilities | $14,200 |
Total Funding | $15,000 |