R and R Printing
R & R Printing is a new print brokerage firm.
2.1 Company Ownership
R & R Printing is a sole-proprietorship owned by Robert M. Scott, operated by Robert M. Scott and his wife Ronda E. Scott. The owner has extensive prior experience as a sales manager in the printing industry. Incorporation will be explored as a later option.
2.2 Start-up Summary
Our initial start-up costs will amount to approximately $65,000, of which $15,000 will be used to purchase office equipment and up-front manufacturing costs until credit is established with vendors. Additionally, we project the need for a financial commitment of another $50,000 to finance receivables and payroll expenses for the first 12 months of operation.
|Meet & Greet||$600|
|Total Start-up Expenses||$15,000|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$15,000|
|Start-up Assets to Fund||$40,000|
|Total Funding Required||$55,000|
|Non-cash Assets from Start-up||$0|
|Cash Requirements from Start-up||$40,000|
|Additional Cash Raised||$10,000|
|Cash Balance on Starting Date||$50,000|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$15,000|
|Loss at Start-up (Start-up Expenses)||($15,000)|
|Total Capital and Liabilities||$50,000|
2.3 Company Locations and Facilities
This is a home office venture, located in a studio in the owner’s home.