Gamehenge Tapers Co-op

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Nonprofit Recording Co-op Business Plan

Organization Summary

Gamehenge Tapers Co-op is a co-operative organization designed to serve the Portland tapers community.  The tapers community is a hobby based group that records and trades live concerts.  All of the bands that allow live recordings are "live" or "jam" bands who incorporate improvisation into their live performances so each performance is unique.  The group members trade these live performances for personal consumption, enjoying the unique attributes of each individual show.  Commercial use of these shows is strictly prohibited. 

The organization sells a wide range of equipment for tapers.  The equipment is purchased through normal wholesale distribution channels and sold directly to organizational members.  Membership is required for entry to the co-op.  A $40 entry fee and proof of traders status (a list of your show list is usually sufficient) is all that is needed to become a member.  Products must be purchased through the web site and then picked up from the office at certain times throughout the week.  Questions regarding products can be answered via email or phone (typically voicemail with a return phone call).

Gamehenge Tapers Co-op is a 501C not-for-profit co-operative organization.

2.2 Start-up Summary

Gamehenge Tapers Co-op's start up costs include:

  • Desk, chair and file cabinet.
  • Computer with printer, CD-RW, and internet connection.
  • Legal fees for formation of not-for-profit status including filing fees.
  • Website development.
Start-up
Requirements
Start-up Expenses
Legal $200
Website development $200
Rent $200
Other $0
Total Start-up Expenses $600
Start-up Assets
Cash Required $250
Start-up Inventory $0
Other Current Assets $0
Long-term Assets $1,150
Total Assets $1,400
Total Requirements $2,000
Start-up Funding
Start-up Expenses to Fund $600
Start-up Assets to Fund $1,400
Total Funding Required $2,000
Assets
Non-cash Assets from Start-up $1,150
Cash Requirements from Start-up $250
Additional Cash Raised $0
Cash Balance on Starting Date $250
Total Assets $1,400
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Capital
Planned Investment
Philanthropist 1 $1,000
Philanthropist 2 $1,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $2,000
Loss at Start-up (Start-up Expenses) ($600)
Total Capital $1,400
Total Capital and Liabilities $1,400
Total Funding $2,000

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