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Pink Lady Bug Designs

Company Summary

Pink Lady Bug Designs LLC sells high quality products to the market for the purpose of funding women’s health initiatives. We have developed an alliance with Bissinger French Confections, one of the premier confectioners in the United States, to provide us with a range of unique products. The company was incorporated last year.

The Company concept was initially formed two years ago. Upon final approval the company will register an official trademark with the U.S. Patent and Trademark Office.

2.1 Company Ownership

Pink Lady Bug Designs LLC is a privately held corporation. It is registered as a Limited Liability Company, with ownership divided:

51% – Linda Herter
49% – James Herter

2.2 Company Locations and Facilities

The company office is located in the owner’s residence. Initially, we will not maintain inventories or handle fulfillment, so warehousing facilities will not be necessary. Our plan includes the establishment of an office outside of our residence to house an expanded staff in Year Three.

2.3 Start-up Summary

Almost 40% of start-up funds will go towards, administrative, consulting, Web page development and product research and development costs. Expensed equipment includes a new Personal Computer has been made in order to run the requisite business and accounting software.

The balance of funds will be used to maintain a positive cash balance for the first three months of operation.

Specialty gifts business plan, company summary chart image

Start-up Expenses
Legal & Accounting $6,000
Stationery etc. $1,000
Brochures $1,000
Consultants-Marketing & Merchandising $10,000
Office Supplies $1,000
Expensed Equipment $4,000
Research and Development $1,500
Web Page Development $5,000
Total Start-up Expenses $29,500
Start-up Assets
Cash Required $35,500
Other Current Assets $0
Long-term Assets $0
Total Assets $35,500
Total Requirements $65,000
Start-up Funding
Start-up Expenses to Fund $29,500
Start-up Assets to Fund $35,500
Total Funding Required $65,000
Non-cash Assets from Start-up $0
Cash Requirements from Start-up $35,500
Additional Cash Raised $0
Cash Balance on Starting Date $35,500
Total Assets $35,500
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 $20,000
Investor 2 $20,000
Investor 3 $20,000
Other $5,000
Additional Investment Requirement $0
Total Planned Investment $65,000
Loss at Start-up (Start-up Expenses) ($29,500)
Total Capital $35,500
Total Capital and Liabilities $35,500
Total Funding $65,000