Write Bike
Company Summary
Write Bike is a sole proprietorship that is located with the home of Kraig Guthrie. It was founded in January 2003. The business is based in Kraig’s home. Kraig pays a fixed amount of rent per month based on the square footage that his office occupies relative to the rest of the house.
2.1 Company Ownership
Write Bike is a home based business owned and operated by Kraig Guthrie.
2.2 Start-up Summary
Write Bike requires the following equipment for its article writing services.
- Macintosh G4 computer
- DSL Internet connection
- Scanner
- Laser printer
- Digital camera
- Microsoft Office, Adobe FrameMaker, Adobe PhotoShop, and Adobe Acrobat.

Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $200 |
Stationery, etc. | $200 |
Insurance | $150 |
Rent | $250 |
Total Start-up Expenses | $800 |
Start-up Assets | |
Cash Required | $9,200 |
Other Current Assets | $0 |
Long-term Assets | $5,000 |
Total Assets | $14,200 |
Total Requirements | $15,000 |
Start-up Funding | |
Start-up Expenses to Fund | $800 |
Start-up Assets to Fund | $14,200 |
Total Funding Required | $15,000 |
Assets | |
Non-cash Assets from Start-up | $5,000 |
Cash Requirements from Start-up | $9,200 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $9,200 |
Total Assets | $14,200 |
Liabilities and Capital | |
Liabilities | |
Current Borrowing | $0 |
Long-term Liabilities | $0 |
Accounts Payable (Outstanding Bills) | $0 |
Other Current Liabilities (interest-free) | $0 |
Total Liabilities | $0 |
Capital | |
Planned Investment | |
Kraig Guthrie-Owner | $15,000 |
Other | $0 |
Additional Investment Requirement | $0 |
Total Planned Investment | $15,000 |
Loss at Start-up (Start-up Expenses) | ($800) |
Total Capital | $14,200 |
Total Capital and Liabilities | $14,200 |
Total Funding | $15,000 |