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Engineering icon Engineering Consulting Business Plan

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StructureAll Ltd.

Company Summary

StructureAll Ltd. is a new company which provides professional engineering design services for clients which manage, maintain, and plan for residential, commercial, and industrial type buildings. Our focus will be the public sector market in remote communities across Canada’s North.

2.1 Company Ownership

StructureAll Ltd. will be created as a limited liability company. The company will be privately owned by Philip D. Nolan. Leslie C. Goit will also be listed as a Director.

2.2 Start-up Summary

Our start-up expenses allow for initial legal expenses, licenses, permits, stationary, specialty software, office equipment, and furniture. In addition to these start-up costs, an initial balance will be placed in the company accounts. The software purchases include an allowance of $5,000 for AutoCADD® 2000, $1,800 for National Master Specifications, and $200 for QuickBooks® (accounting package).

Philip Nolan will contribute towards the overall start-up costs.

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Start-up Funding
Start-up Expenses to Fund $13,000
Start-up Assets to Fund $12,000
Total Funding Required $25,000
Assets
Non-cash Assets from Start-up $0
Cash Requirements from Start-up $12,000
Additional Cash Raised $0
Cash Balance on Starting Date $12,000
Total Assets $12,000
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
Owner $0
Investor $0
Additional Investment Requirement $25,000
Total Planned Investment $25,000
Loss at Start-up (Start-up Expenses) ($13,000)
Total Capital $12,000
Total Capital and Liabilities $12,000
Total Funding $25,000
Start-up
Requirements
Start-up Expenses
Legal $500
Stationery etc. $600
Professional Liability Insurance $1,200
Business Licenses $1,000
Permit Holder (NAPEGG) $500
Website Development $600
Office Furniture $600
Software Purchases $7,000
Computer/Office Equipment $500
Other $500
Total Start-up Expenses $13,000
Start-up Assets
Cash Required $12,000
Other Current Assets $0
Long-term Assets $0
Total Assets $12,000
Total Requirements $25,000

2.3 Company Locations and Facilities

We will establish a home office in Yellowknife, NT in order to reduce start-up costs. The office space is estimated to be 150 square feet. We will be installing a dedicated fax line as well as a high-speed Internet connection. An interactive website will also be developed which will serve as a marketing tool. The domain name of “structureall.com” has already been reserved.