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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.

Soho computer consulting business plan, company summary chart image

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
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
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
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