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Canine Critter College
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.
|Total Start-up Expenses||$800|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$800|
|Start-up Assets to Fund||$14,200|
|Total Funding Required||$15,000|
|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|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$4,200|
|Total Planned Investment||$15,000|
|Loss at Start-up (Start-up Expenses)||($800)|
|Total Capital and Liabilities||$14,200|