FireRescue Depot
Company Summary
FireRescue Depot is an S Corporation, registered and located in Chicago, IL.
Start-up Summary
FireRescue Depot has identified the type of equipment, and the start-up costs of the organization. The start-up expenditures will allow FireRescue Depot to open a small showroom for their equipment, launch a comprehensive eCommerce website, and have the necessary office support.
- Office furniture- enough for five workstations.
- Computer system- five workstations and one central file server. A laser printer, digital camera, scanner, and a broadband Internet connection will also be used. Needed software will be Business Plan Pro, Microsoft Office, and QuickBooks Pro.
- Copier and fax machine.
- Assorted furniture for the showroom.
- Storage shelving units.
- Assorted professional service providers fees including business, legal and accounting providers.
- Website development.
- Inventory for showroom.

Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $2,000 |
Stationery etc. | $500 |
Brochures | $1,000 |
Consultants | $3,000 |
Website development | $15,000 |
Total Start-up Expenses | $21,500 |
Start-up Assets | |
Cash Required | $62,000 |
Other Current Assets | $6,500 |
Long-term Assets | $35,000 |
Total Assets | $103,500 |
Total Requirements | $125,000 |
Start-up Funding | |
Start-up Expenses to Fund | $21,500 |
Start-up Assets to Fund | $103,500 |
Total Funding Required | $125,000 |
Assets | |
Non-cash Assets from Start-up | $41,500 |
Cash Requirements from Start-up | $62,000 |
Additional Cash Raised | $10,000 |
Cash Balance on Starting Date | $72,000 |
Total Assets | $113,500 |
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 | $35,000 |
Investor 3 | $25,000 |
Additional Investment Requirement | $0 |
Total Planned Investment | $135,000 |
Loss at Start-up (Start-up Expenses) | ($21,500) |
Total Capital | $113,500 |
Total Capital and Liabilities | $113,500 |
Total Funding | $135,000 |
Company Ownership
FireRescue Depot’s main shareholder in the S Corporation is Steve Dalmatian.