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Safe Keeping

Company Summary

Safe Keeping has been developed through much research and effort to address public concern with property protection. Owner John Walter has developed a unique approach to home security. Having worked in law enforcement for over twenty years, the last five as a commander for the burglary unit of the Eugene Police Department, John understands the need for business and home security.

Safe Keeping will go into homes and businesses to make a video tape record of all the belongings in that business and residence. We will also act as consultants advising people about how they can better protect their property with on-site inspections. Safe Keeping will make a copy of the video for each customer and will have one on file at our business location. Our start up costs will be $4,000.

2.1 Start-up Summary

Our start up expenses come to $4,000 which includes rent for $500, the printing of brochures for initial distribution, and the purchase of a video camera at the cost of $1,000. The start-up costs will be owner-financed by John Walter.

Video documentation service business plan, company summary chart image

Start-up Expenses
Legal $500
Stationery etc. $500
Brochures $1,000
Insurance $500
Rent $500
Expensed Equipment $1,000
Total Start-up Expenses $4,000
Start-up Assets
Cash Required $21,000
Other Current Assets $0
Long-term Assets $0
Total Assets $21,000
Total Requirements $25,000
Start-up Funding
Start-up Expenses to Fund $4,000
Start-up Assets to Fund $21,000
Total Funding Required $25,000
Non-cash Assets from Start-up $0
Cash Requirements from Start-up $21,000
Additional Cash Raised $0
Cash Balance on Starting Date $21,000
Total Assets $21,000
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
John Walter $25,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $25,000
Loss at Start-up (Start-up Expenses) ($4,000)
Total Capital $21,000
Total Capital and Liabilities $21,000
Total Funding $25,000

2.2 Company Ownership

John Walter is the sole proprietor of Safe Keeping Co. John has worked in law enforcement for over twenty years and has spent the last five years with the burglary unit of the Eugene Police Dept. as commander.