Canine Critter College
Company Summary
Canine Critter College is a sole proprietorship based in Eugene, OR. Canine Critter College will offer three different levels of obedience training. The training will occur in a group setting, or through private lessons.
Canine Critter College is forecasted to reach profitability by month nine and will generate revenue of $91,000 by year three.
2.1 Company Ownership
Canine Critter College is a sole proprietorship founded and owned by Gerry Gestapo.
2.2 Start-up Summary
Canine Critter College will incur the following start-up costs:
- Computer system with a printer, CD-RW, Microsoft Office, QuickBooks Pro and broadband Internet connections.
- Fax machine, copier.
- Phone line, phone and answering machine.
- Assorted leashes, toys, collars.
Please note that the following items will be expensed; there will be no depreciation applied to them.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $500 |
| Stationery etc. | $100 |
| Brochures | $200 |
| Other | $0 |
| Total Start-up Expenses | $800 |
| Start-up Assets | |
| Cash Required | $14,200 |
| Other Current Assets | $0 |
| Long-term Assets | $0 |
| Total Assets | $14,200 |
| Total Requirements | $15,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $800 |
| Start-up Assets to Fund | $14,200 |
| Total Funding Required | $15,000 |
| Assets | |
| Non-cash Assets from Start-up | $0 |
| Cash Requirements from Start-up | $14,200 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $14,200 |
| Total Assets | $14,200 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $0 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $0 |
| Capital | |
| Planned Investment | |
| Gerry | $10,800 |
| Investor 2 | $0 |
| Other | $0 |
| Additional Investment Requirement | $4,200 |
| Total Planned Investment | $15,000 |
| Loss at Start-up (Start-up Expenses) | ($800) |
| Total Capital | $14,200 |
| Total Capital and Liabilities | $14,200 |
| Total Funding | $15,000 |