Scan Lab
Company Summary
Scan Lab has been formed as a Massachusetts corporation. It is solely owned by Carolyn Jones.
2.1 Start-up Summary
Scan Lab will need to purchase the necessary equipment for the clinic.
- Office furniture for four exam rooms. This equipment will be purchased used in good condition. This will be done as a cost saving measure.
- Receptionist office furniture and assorted waiting room furniture (this will also be purchased in good, used condition).
- Three computers, one with QuickBooks Pro, all with Microsoft Office, a central laser printer and broadband Internet connection.
- Medical scanning devices:
- X-ray machine
- Ultra sound unit
- CAT scan imaging machine
- MRI imaging machine
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $3,000 |
| Stationery etc. | $300 |
| Brochures | $300 |
| Consultants | $2,000 |
| Insurance | $3,000 |
| Rent | $2,000 |
| Total Start-up Expenses | $10,600 |
| Start-up Assets | |
| Cash Required | $317,900 |
| Other Current Assets | $0 |
| Long-term Assets | $861,500 |
| Total Assets | $1,179,400 |
| Total Requirements | $1,190,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $10,600 |
| Start-up Assets to Fund | $1,179,400 |
| Total Funding Required | $1,190,000 |
| Assets | |
| Non-cash Assets from Start-up | $861,500 |
| Cash Requirements from Start-up | $317,900 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $317,900 |
| Total Assets | $1,179,400 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $860,000 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $860,000 |
| Capital | |
| Planned Investment | |
| Dr. Jones | $180,000 |
| Investor | $150,000 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $330,000 |
| Loss at Start-up (Start-up Expenses) | ($10,600) |
| Total Capital | $319,400 |
| Total Capital and Liabilities | $1,179,400 |
| Total Funding | $1,190,000 |
2.2 Company Ownership
Carolyn Jones is the sole stockholder of the Scan Lab corporation.
