Acme Consulting is a new company providing high-level expertise in international high-tech business development, channel development, distribution strategies, and marketing of high-tech products. It will focus initially on providing two kinds of international triangles:
- Providing United Kingdom clients with development for European and Latin American markets.
- Providing European and United Kingdom clients with development for the United States and Latin American markets.
As it grows it will take on people and consulting work in related markets, such as the rest of Latin America, the Far East, and similar markets. It will also look for additional leverage by taking brokerage positions and representation positions to create percentage holdings in product results.
2.1 Company Ownership
Acme Consulting will be created as a Limited Company based in London, England, owned by its principal investors and principal operators. As of this writing, it has not been registered with Companies House and owners are still considering alternatives of legal formation.
2.2 Start-up Summary
Total start-up expense (including legal costs, logo design, stationery and related expenses) comes to £18,350. Start-up assets required include £32,000 in current assets (office furniture, etc.) and £25,000 in initial cash to handle the first few months of consulting operations as sales and accounts receivable play through the cash flow. The details are included below.
|Start-up Expenses to Fund||£18,350|
|Start-up Assets to Fund||£32,000|
|Total Funding Required||£50,350|
|Non-cash Assets from Start-up||£7,000|
|Cash Requirements from Start-up||£25,000|
|Additional Cash Raised||£0|
|Cash Balance on Starting Date||£25,000|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||£350|
|Other Current Liabilities (interest-free)||£0|
|Additional Investment Requirement||£0|
|Total Planned Investment||£50,000|
|Loss at Start-up (Start-up Expenses)||(£18,350)|
|Total Capital and Liabilities||£32,000|
|Total Start-up Expenses||£18,350|
|Other Current Assets||£7,000|
2.3 Company Locations and Facilities
The initial office will be established in top quality office space in London’s Canary Wharf, as there are high quality office spaces with security and lobby areas. It is important for a high tech consulting company to spend money on high quality centrally located office space.