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Creative Concepts Computer Design
Company Summary
Creative Concepts will initially be a sole proprietorship.
The goal will be to start the venture as inexpensively as possible, with minimal outside financing.
Creative Concepts will be a home office start-up, utilizing one studio room in the owner’s home.
2.1 Company Ownership
Creative Concepts will be initially owned by Bram Ekstrand as a sole proprietorship. Possibly later adding additional employees and expanding operations as well as clientele.
2.2 Start-up Summary
Total start-up expenses are modest. This is composed of mostly equipment costs along with a few dollars for research of consumer wants and desires and a few pads of stationary. Exact allocations are shown on the table. Since this is a service business and not product oriented, operational costs should remain low through the start-up process.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $150 |
| Stationery etc. | $50 |
| Brochures | $0 |
| Consultants | $0 |
| Insurance | $0 |
| Rent | $0 |
| Research and development | $20 |
| Expensed equipment | $500 |
| Other | $0 |
| Total Start-up Expenses | $720 |
| Start-up Assets | |
| Cash Required | $280 |
| Other Current Assets | $0 |
| Long-term Assets | $0 |
| Total Assets | $280 |
| Total Requirements | $1,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $720 |
| Start-up Assets to Fund | $280 |
| Total Funding Required | $1,000 |
| Assets | |
| Non-cash Assets from Start-up | $0 |
| Cash Requirements from Start-up | $280 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $280 |
| Total Assets | $280 |
| 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 | |
| Investor 1 | $1,000 |
| Investor 2 | $0 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $1,000 |
| Loss at Start-up (Start-up Expenses) | ($720) |
| Total Capital | $280 |
| Total Capital and Liabilities | $280 |
| Total Funding | $1,000 |