Water Tubes Plumbing, soon to be located in Eugene, OR, will offer plumbing services for residential new houses as well as custom new houses. The business will be based out of Don Roto's house. Water Tubes will have four employees by the end of the year.
2.1 Start-up Summary
Water Tubes will require the following equipment and materials:
Two trucks (used) fitted with a pipe rack on top.
Assorted pipes (different diameters and materials).
A 30 gallon bucket to store fittings.
Whole hog (high torque right angle drill).
Cordless screw gun.
Cast iron pipe cutter.
Pipe dope (Teflon tape in paste form).
Computer with CD-RW, printer, Microsoft Office, QuickBooks Pro.
Desk, chair, and filling cabinet, and assorted stationary.
Please note that the items which are considered assets to be used for more than a year will be labeled long-term assets and will be depreciated using G.A.A.P. approved straight-line depreciation method.
Research and Development
Total Start-up Expenses
Other Current Assets
Start-up Expenses to Fund
Start-up Assets to Fund
Total Funding Required
Non-cash Assets from Start-up
Cash Requirements from Start-up
Additional Cash Raised
Cash Balance on Starting Date
Liabilities and Capital
Accounts Payable (Outstanding Bills)
Other Current Liabilities (interest-free)
Friends and family
Additional Investment Requirement
Total Planned Investment
Loss at Start-up (Start-up Expenses)
Total Capital and Liabilities
2.2 Company Ownership
Water Tubes Plumbing is a sole proprietorship owned by Don Roto.