Green Investments
Company Summary
Green Investments is a Washington-based financial service company that is concentrating on the niche of environmentally responsible companies. The company is owned by Steve Burke and Sarah Lewis. It has been formed as a L.L.C.
2.1 Start-up Summary
The following equipment will be needed for start up:
- Phone system (5 line).
- Workstation computers (4), back end server, DSL Internet connection, and laser printer.
- Office furniture, meeting room and waiting room furniture.
- Monthly service charge for Bears Stearns software.
- Fax machine, copier, lighting, and assorted office supplies.
Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $5,000 |
Stationery etc. | $500 |
Brochures | $500 |
Licenses | $2,000 |
Insurance | $500 |
Research and Development | $9,000 |
Other | $2,500 |
Total Start-up Expenses | $20,000 |
Start-up Assets | |
Cash Required | $79,000 |
Other Current Assets | $7,000 |
Long-term Assets | $19,000 |
Total Assets | $105,000 |
Total Requirements | $125,000 |
Start-up Funding | |
Start-up Expenses to Fund | $20,000 |
Start-up Assets to Fund | $105,000 |
Total Funding Required | $125,000 |
Assets | |
Non-cash Assets from Start-up | $26,000 |
Cash Requirements from Start-up | $79,000 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $79,000 |
Total Assets | $105,000 |
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 | |
Investor 1 | $75,000 |
Investor 2 | $50,000 |
Additional Investment Requirement | $0 |
Total Planned Investment | $125,000 |
Loss at Start-up (Start-up Expenses) | ($20,000) |
Total Capital | $105,000 |
Total Capital and Liabilities | $105,000 |
Total Funding | $125,000 |
2.2 Company Ownership
Steve Burke and Sarah Lewis equally own Green Investments. While they initially were going to create a S Corporation as the business formation, they decided to form as a L.L.C. as a means to avoid double taxation found with a corporation yet realizing the benefits of personal liability avoidance.