MarketCamp is a Web marketing business based in Mexico City. The company will start up as a simple consulting business billing directly in the founder’s name.
2.1 Company Ownership
This company is owned 100% by its founder, Paul Berry.
2.2 Start-up Summary
Start-up costs are detailed in the chart and table below.
|Start-up Expenses to Fund||$3,500|
|Start-up Assets to Fund||$20,000|
|Total Funding Required||$23,500|
|Non-cash Assets from Start-up||$0|
|Cash Requirements from Start-up||$20,000|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$20,000|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$23,500|
|Loss at Start-up (Start-up Expenses)||($3,500)|
|Total Capital and Liabilities||$20,000|
|Total Start-up Expenses||$3,500|
|Other Current Assets||$0|
2.3 Company Locations and Facilities
MarketCamp will begin as a home-office business in the founder’s apartment in Mexico City. After six months of operation it will expand to a formal office space in Mexico City.