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Acme Consulting--UK

Company Summary

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.

Uk high tech consulting business plan, company summary chart image

Start-up Funding
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
Total Assets £32,000
Liabilities and Capital
Current Borrowing £0
Long-term Liabilities £0
Accounts Payable (Outstanding Bills) £350
Other Current Liabilities (interest-free) £0
Total Liabilities £350
Planned Investment
Investor 1 £20,000
Investor 2 £20,000
Other £10,000
Additional Investment Requirement £0
Total Planned Investment £50,000
Loss at Start-up (Start-up Expenses) (£18,350)
Total Capital £31,650
Total Capital and Liabilities £32,000
Total Funding £50,350
Start-up Expenses
Legal £1,000
Stationery etc. £3,000
Brochures £5,000
Consultants £5,000
Insurance £350
Expensed equipment £3,000
Other £1,000
Total Start-up Expenses £18,350
Start-up Assets
Cash Required £25,000
Other Current Assets £7,000
Long-term Assets £0
Total Assets £32,000
Total Requirements £50,350

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.