Wy'East Law Firm
WLF is a law firm serving technology companies and public interest organizations, and will subsidize its public interest work with local companies. WLF specializes in mergers and acquisitions as well as stock option plans, but can handle most legal needs for a technology company.
The technology work will subsidize the company’s public interest work which will be billed out at the cost of overhead.
2.1 Company Ownership
WLF is a limited liability company, owned solely by Richard Bloom.
2.2 Start-up Summary
WLF’s start-up costs will include all equipment needed for the home office, website creation, and advertising.
The home office equipment will be the largest chunk of the start-up expenses. This equipment includes 4 computers, a fax machine, copier, cellular phone, office supplies, additional land line, a DSL connection, and office furniture.
Start-up expenses will also include advertising. Two methods will be used: a content-only website and the Yellow Pages.
|Research and development||$0|
|Total Start-up Expenses||$1,250|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$1,250|
|Start-up Assets to Fund||$23,750|
|Total Funding Required||$25,000|
|Non-cash Assets from Start-up||$5,000|
|Cash Requirements from Start-up||$18,750|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$18,750|
|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)||($1,250)|
|Total Capital and Liabilities||$23,750|