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SmokeJumpers

Company Summary

SmokeJumpers will offer youth-oriented products and clothing that are popular in the large urban areas but not currently available locally. John Steward, owner of SmokeJumpers, will create a cost-effective operation that will quickly bring new alternative clothing and products to the customer.

Start-up Summary

The start-up costs of SmokeJumpers consists of inventory and store displays. SmokeJumpers has adequate investment and a short-term loan.

Kids clothing store business plan, company summary chart image

Start-up
Requirements
Start-up Expenses
Legal $1,000
Stationery etc. $100
Store Floor Setup $5,000
Insurance $1,000
Rent $2,000
Other $0
Total Start-up Expenses $9,100
Start-up Assets
Cash Required $40,000
Start-up Inventory $30,000
Other Current Assets $900
Long-term Assets $5,000
Total Assets $75,900
Total Requirements $85,000
Start-up Funding
Start-up Expenses to Fund $9,100
Start-up Assets to Fund $75,900
Total Funding Required $85,000
Assets
Non-cash Assets from Start-up $35,900
Cash Requirements from Start-up $40,000
Additional Cash Raised $0
Cash Balance on Starting Date $40,000
Total Assets $75,900
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $50,000
Accounts Payable (Outstanding Bills) $25,000
Other Current Liabilities (interest-free) $0
Total Liabilities $75,000
Capital
Planned Investment
John Steward $10,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $10,000
Loss at Start-up (Start-up Expenses) ($9,100)
Total Capital $900
Total Capital and Liabilities $75,900
Total Funding $85,000

Company Ownership

John Steward is the owner of SmokeJumpers.