D.A.P. Exports
Company Summary
D.A.P. Exports is a business that exports automobile parts and auto lubricants to Jamaica and other countries including Venezuela, Columbia and Ecuador. Many of the company’s shipments combine American-made products with foreign parts with some re-packaging and labeling.
The company will be organized as a limited liability partnership.
D.A.P. Exports has an 8,000 square foot facility in Monroe, Florida. The facility is located near the South Florida transportation hub critical to our important markets. it will keep costs in control as well as enabling fast and economical access to our key markets for company-related business.
2.1 Company Ownership
D.A.P. Exports is an LLC partnership owned by James Dunn and a silent partner (name withheld).
2.2 Start-up Summary
The start-up expense for D.A.P. Exports is focused primarily on inventory and repackaging equipment. James Dunn will personally invest in the company. The silent partner will invest additional funds. In addition, Dunn will also secure a long-term loan.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $10,000 |
| Stationery etc. | $1,000 |
| Brochures | $2,000 |
| Insurance | $2,000 |
| Rent | $2,000 |
| Expensed Equipment | $50,000 |
| Total Start-up Expenses | $67,000 |
| Start-up Assets | |
| Cash Required | $83,000 |
| Start-up Inventory | $100,000 |
| Other Current Assets | $0 |
| Long-term Assets | $0 |
| Total Assets | $183,000 |
| Total Requirements | $250,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $67,000 |
| Start-up Assets to Fund | $183,000 |
| Total Funding Required | $250,000 |
| Assets | |
| Non-cash Assets from Start-up | $100,000 |
| Cash Requirements from Start-up | $83,000 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $83,000 |
| Total Assets | $183,000 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $100,000 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $100,000 |
| Capital | |
| Planned Investment | |
| James Dunn | $50,000 |
| Silent Partner | $100,000 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $150,000 |
| Loss at Start-up (Start-up Expenses) | ($67,000) |
| Total Capital | $83,000 |
| Total Capital and Liabilities | $183,000 |
| Total Funding | $250,000 |
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