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.
The start-up costs of SmokeJumpers consists of inventory and store displays. SmokeJumpers has adequate investment and a short-term loan.
|Store Floor Setup||$5,000|
|Total Start-up Expenses||$9,100|
|Other Current Assets||$900|
|Start-up Expenses to Fund||$9,100|
|Start-up Assets to Fund||$75,900|
|Total Funding Required||$85,000|
|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|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$25,000|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$10,000|
|Loss at Start-up (Start-up Expenses)||($9,100)|
|Total Capital and Liabilities||$75,900|
John Steward is the owner of SmokeJumpers.