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.

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.