Gastronome Gander's Gatherings
Gastronome Gander’s Gatherings is a new small business aimed at providing social functions to professional single adults, our members in the greater Gourmandeville area. The events tend to be focused around food. The events are held in other business establishments and may be indoors or out depending on the type of event. The events may range from sit-down dinners, to wine tastings, to cooking classes, and may include trips. One major difference between Gastronome Gander’s Gatherings and other singles groups is that ours is a social group, with no match-making or other related dating pressures.
Gastronome Gander’s Gatherings was started near the end of last year and expects to kick off events in early Year 1 and to have three events per month by the end of this fiscal year. Trencherman Gander (President) is college educated with multiple degrees, has previously operated a consulting business, has lived in Gourmandeville for two years, and has a good knowledge of food, wine, cooking, restaurants and travel.
2.1 Start-up Summary
Total start-up expenses, including legal costs, office furniture, computer, printer, digital camera, website development, software, logo design, marketing, contracted writer, artist, and related expenses are shown below. We also have initial cash to handle the first few months of operations and kick-off events (which will be free) as memberships and event income develop the cash flow.
All events will be held in various venues. Gastronome Gander’s Gatherings will be a home office, with dedicated space, telecomm and Internet service within the owner’s home.
The owner will invest in the business. A short-term loan will be negotiated for the balance of the start-up funding.
|Marketing Content Writer||$750|
|Telecomm & DSL Setup||$100|
|Website Hosting Setup||$60|
|Color Laser Printer||$700|
|Total Start-up Expenses||$13,232|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$13,232|
|Start-up Assets to Fund||$5,500|
|Total Funding Required||$18,732|
|Non-cash Assets from Start-up||$0|
|Cash Requirements from Start-up||$5,500|
|Additional Cash Raised||$6,384|
|Cash Balance on Starting Date||$11,884|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$116|
|Other Current Liabilities (interest-free)||$0|
|Owner — Trencherman Gander||$10,000|
|Additional Investment Requirement||$0|
|Total Planned Investment||$10,000|
|Loss at Start-up (Start-up Expenses)||($13,232)|
|Total Capital and Liabilities||$11,884|
2.2 Company Ownership
Gastronome Gander’s Gatherings, Inc. is an S corporation. The law firm of Capon & Briencroute completed and filed the articles of incorporation. IRS form SS-4 indicating that Gastronome Gander’s Gatherings, Inc. is an ‘S’ Corporation and applying for an Employer Identification Number (EIN) was filed by Larry W. Boeuff of Moutton & Boeuff, P.C. The EIN was assigned by the IRS late last year.
Gastronome Gander’s Gatherings, Inc. a private S corporation is solely owned by Trencherman E. Gander.