Global Health Translations
Company Summary
Global Health Translations is a service focused on the translation needs of the health care industry. We have gathered a large pool of translators and editors in more than 30 languages. All translators and editors are native speakers. The translators are accredited by the American Translator Association or other similar organizations. Our editors are required to have a medical education and practice in the medical field.
2.1 Company Ownership
Global Health Translations is owned by Linda and Steven Johnson.
2.2 Start-up Summary
Linda and Steven Johnson will invest in the company as well as securing an SBA business loan.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $2,000 |
| Stationery etc. | $2,000 |
| Brochures | $3,000 |
| Consultants | $0 |
| Insurance | $0 |
| Rent | $1,000 |
| Translators/Editors Pool Development | $40,000 |
| Computer Equipment/Software | $6,000 |
| Other | $0 |
| Total Start-up Expenses | $54,000 |
| Start-up Assets | |
| Cash Required | $26,000 |
| Other Current Assets | $0 |
| Long-term Assets | $20,000 |
| Total Assets | $46,000 |
| Total Requirements | $100,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $54,000 |
| Start-up Assets to Fund | $46,000 |
| Total Funding Required | $100,000 |
| Assets | |
| Non-cash Assets from Start-up | $20,000 |
| Cash Requirements from Start-up | $26,000 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $26,000 |
| Total Assets | $46,000 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $50,000 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $50,000 |
| Capital | |
| Planned Investment | |
| Linda and Steven Johnson | $50,000 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $50,000 |
| Loss at Start-up (Start-up Expenses) | ($54,000) |
| Total Capital | ($4,000) |
| Total Capital and Liabilities | $46,000 |
| Total Funding | $100,000 |
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