The Water Factory, located in Albany, Oregon, is a network marketing business that sells water filtration units to end consumers. We exclusively sell Water Genie Brand filters for home use via the network marketing system, also known as multi-level marketing. The company will use personal contact recruiting to develop a sales force that will help sell more products.
The business will be based out of the owners home. It is forecasted that we will reach profitability by month 12, and we will earn modest profits by year three.
The Water Factory is a sole proprietorship, founded and owned by Aitch Tuoo.
The Water Factory’s start-up costs include the following items:
- Office furniture, including a desk, chair, and filing cabinets
- Computer system, including printer, CD-RW, Internet connections, Microsoft Office
- Legal fees
- Phone line, pager, cell phone
|Total Start-up Expenses||$600|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$600|
|Start-up Assets to Fund||$17,400|
|Total Funding Required||$18,000|
|Non-cash Assets from Start-up||$2,300|
|Cash Requirements from Start-up||$15,100|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$15,100|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$18,000|
|Loss at Start-up (Start-up Expenses)||($600)|
|Total Capital and Liabilities||$17,400|