Roth & Calder Telemarketing Professionals, Inc.
Company Summary
Roth & Calder will be a limited liability partnership registered in the state of Delaware for tax purposes. Its founder is Mr. Thomas Roth, formerly a marketing executive with General Foods. Mr. Roth has brought together a highly respected group of marketing, development, and telemarketing specialists who, combined, have a total of 25 years of experience in this industry.
The company has a limited number of private investors and does not plan to go public. The company has its main offices in Cawleweton. The facilities include conference rooms and office spaces. The company expects to begin offering its services in January.
The company’s potential clients will initially be all the companies in the Cawleweton area. We can service both small and large companies and provide virtually any consultation services in regards to telephone communications with clients.
2.1 Company Ownership
The company will have a number of outside private investors who will own 27% of the company’s shares. The rest will be owned by the senior management including Mr. Thomas Roth, (25%), Ms. Jane Calder (20%), Mrs. Susan Howell, (20%), and Mr. Leonard Gray (8%). All other financing will come from loans.
2.2 Start-up Summary
Start-up assets required include equipment, and additional expenses as well as cash to support operations until revenues reach an acceptable level. Most of the company’s liabilities will come from outside private investors and management investment, however, we have obtained current borrowing from Bank of America Commercial Investments, the principal to be paid off in three years. A long-term loan through VieilArgent Bank of Richburb will be paid off in ten years.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $2,000 |
| Insurance | $1,000 |
| Utilities | $200 |
| Rent | $2,000 |
| Accounting and bookkeeping fees | $2,000 |
| Expensed equipment | $10,000 |
| Advertising | $6,500 |
| Other | $8,000 |
| Total Start-up Expenses | $31,700 |
| Start-up Assets | |
| Cash Required | $117,300 |
| Other Current Assets | $5,000 |
| Long-term Assets | $10,000 |
| Total Assets | $132,300 |
| Total Requirements | $164,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $31,700 |
| Start-up Assets to Fund | $132,300 |
| Total Funding Required | $164,000 |
| Assets | |
| Non-cash Assets from Start-up | $15,000 |
| Cash Requirements from Start-up | $117,300 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $117,300 |
| Total Assets | $132,300 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $16,000 |
| Long-term Liabilities | $45,000 |
| Accounts Payable (Outstanding Bills) | $3,000 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $64,000 |
| Capital | |
| Planned Investment | |
| Mr. Thomas Roth | $25,000 |
| Ms. Jane Calder | $20,000 |
| Mrs. Susan Howell | $20,000 |
| Mr. Leonard Grey | $8,000 |
| Others | $27,000 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $100,000 |
| Loss at Start-up (Start-up Expenses) | ($31,700) |
| Total Capital | $68,300 |
| Total Capital and Liabilities | $132,300 |
| Total Funding | $164,000 |
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