McKenzie Tackle and Bait Shop
Company Summary
McKenzie Tackle and Bait Shop will offer a convenient one-stop resource for all fishing products to travelers heading into the McKenzie National Parks System. The shop will be open April to November.
2.1 Company Ownership
McKenzie Tackle and Bait Shop is a sole proprietorship owned by Brad West.
2.2 Start-up Summary
Estimated start-up costs and expenses are set forth below. The start-up costs are to be financed by Brad West’s personal investment.
| Start-up Funding | |
| Start-up Expenses to Fund | $12,300 |
| Start-up Assets to Fund | $12,700 |
| Total Funding Required | $25,000 |
| Assets | |
| Non-cash Assets from Start-up | $0 |
| Cash Requirements from Start-up | $12,700 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $12,700 |
| Total Assets | $12,700 |
| 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 | |
| Brad West | $25,000 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $25,000 |
| Loss at Start-up (Start-up Expenses) | ($12,300) |
| Total Capital | $12,700 |
| Total Capital and Liabilities | $12,700 |
| Total Funding | $25,000 |
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $500 |
| Insurance | $0 |
| Rent | $800 |
| Inventory | $7,000 |
| Display Equipment | $2,000 |
| Store Sign | $2,000 |
| Other | $0 |
| Total Start-up Expenses | $12,300 |
| Start-up Assets | |
| Cash Required | $12,700 |
| Start-up Inventory | $0 |
| Other Current Assets | $0 |
| Long-term Assets | $0 |
| Total Assets | $12,700 |
| Total Requirements | $25,000 |
By 
