Commercial Contractor Business Plan

Twin Brothers Construction

Company Summary

The brothers will invest a total of $90,000 combined ($55,000 and $35,000) in the start-up of the company. Initial cash requirements will total $50,000. Start-up assets total $55,000.

2.1 Start-up Summary

The following table describes our start-up requirements. One of our biggest start-up expenses involves the creation of a website. Ongoing maintenance expenses for the website are included in our Profit and Loss expenses section.

Commercial contractor business plan, company summary chart image

Start-up Funding

Start-up Expenses to Fund	$35,000
Start-up Assets to Fund	$55,000
Total Funding Required	$90,000

Assets
Non-cash Assets from Start-up	$25,000
Cash Requirements from Start-up	$50,000
Additional Cash Raised	$0
Cash Balance on Starting Date	$50,000
Total Assets	$75,000


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
Owner 1	$55,000
Owner 2	$35,000
Other	$0
Additional Investment Requirement	$0
Total Planned Investment	$90,000

Loss at Start-up (Start-up Expenses)	($35,000)
Total Capital	$55,000


Total Capital and Liabilities	$55,000

Total Funding	$90,000

Start-up

Requirements

Start-up Expenses
Legal	$2,000
Stationery etc.	$100
Brochures	$500
Consultants	$2,000
Insurance	$10,000
Rent (Deposit and 1st Month)	$3,000
Work Equipment	$6,000
Website Development	$10,000
Other	$1,400
Total Start-up Expenses	$35,000

Start-up Assets
Cash Required	$50,000
Other Current Assets	$5,000
Long-term Assets	$0
Total Assets	$55,000

Total Requirements	$90,000

2.2 Company Ownership

The company ownership will be shared by the Chairman and Chief Executive Officer in the following percentage amounts:

Chairman = 60%

Chief Executive Officer = 40%

Both owners are veterans in the building industry, each with over 25 years experience.