One Week At A Time
One Week At A Time is a small sole proprietor website based in Lexington, Kentucky. Its purpose is to educate busy people on how they can help lessen their personal environmental impact by completing weekly tasks as outlined on the website. The site offers these tasks both on the site, or by a weekly email subscription that is free of charge. Revenue is generated by earning commissions on Earth-friendly products sold to subscribers by recommended retailers.
2.1 Start-up Summary
One Week At A Time will start with an initial $3,000 investment from Frank Williams to get the website and company going. Mr. Williams plans on doing all the initial website design and content creation himself, so there is no monetary cost associated with those items. That leaves $250 in legal expenses to form the company, $1,000 in computer equipment, and $75 to register the domain name for the website.
The initial investment will cover these items and leave a cash balance of $1,675 to cover expenses until income comes in as the company moves forward.
|Start-up Expenses to Fund||$1,325|
|Start-up Assets to Fund||$1,675|
|Total Funding Required||$3,000|
|Non-cash Assets from Start-up||$0|
|Cash Requirements from Start-up||$1,675|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$1,675|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$3,000|
|Loss at Start-up (Start-up Expenses)||($1,325)|
|Total Capital and Liabilities||$1,675|
|Total Start-up Expenses||$1,325|
|Other Current Assets||$0|
2.2 Company Ownership
One Week At A Time is a sole-proprietorship, founded, owned and operated by Frank Williams of Lexington, Kentucky.