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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 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
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
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
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