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Advanced Linguistic Pontificators
Advanced Linguistic Pontificators, based in Portland, OR, offers training programs and seminars for medium to large corporations. The programs are based on advanced reading, stress management, and time management. All programs are presented by Daug Matisim, an expert in those fields. While the office of Advanced Linguistic Pontificators will be located in Daug’s home, the seminars and programs will take place around the country.
The business is expected to reach profitability early on.
2.1 Company Ownership
Advanced Linguistic Pontificators will be an Oregon corporation owned by Daug Matisim.
2.2 Start-up Summary
Advanced Linguistic Pontificators will incur the following start-up costs:
- Desk, chair, filing cabinet.
- Computer (including printer, and CD-RW) with Internet access.
- Fax machine, copier.
- Pager and cell phone.
- Laptop computer.
- LCD computer projector.
- Microsoft Office Suite and QuickBooks Pro.
- Additional land phone line.
Please note that all items that are assets to be used for more than one year will be considered a long-term asset and will be depreciated using the straight-line method.
|Web development costs||$1,000|
|Research and development||$0|
|Total Start-up Expenses||$2,600|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$2,600|
|Start-up Assets to Fund||$19,400|
|Total Funding Required||$22,000|
|Non-cash Assets from Start-up||$11,500|
|Cash Requirements from Start-up||$7,900|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$7,900|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$22,000|
|Loss at Start-up (Start-up Expenses)||($2,600)|
|Total Capital and Liabilities||$19,400|