McKenzie Tackle and Bait Shop
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 Expenses to Fund||$12,300|
|Start-up Assets to Fund||$12,700|
|Total Funding Required||$25,000|
|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|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$25,000|
|Loss at Start-up (Start-up Expenses)||($12,300)|
|Total Capital and Liabilities||$12,700|
|Total Start-up Expenses||$12,300|
|Other Current Assets||$0|