Start-up Summary

The building will be leased with a down payment of $3,000 on a four year lease.

Start-up costs will be financed through a combination of owner investment and short-term borrowing. The start-up chart shows the distribution of financing.

Other miscellaneous expenses include:

• Marketing/advertising consultancy fees for assistance in designing our grand-opening ads and brochures.
• Legal fees for corporate organization filings.
• Retail merchandising/designing fees for store layout and minor renovations.

Table: Start-up Funding

Start-up Funding
Start-up Expenses to Fund	$13,000
Start-up Assets to Fund	$73,500
Total Funding Required	$86,500
Assets
Non-cash Assets from Start-up	$31,000
Cash Requirements from Start-up	$42,500
Additional Cash Raised	$0
Cash Balance on Starting Date	$42,500
Total Assets	$73,500
Liabilities and Capital
Liabilities
Current Borrowing	$0
Long-term Liabilities	$0
Accounts Payable (Outstanding Bills)	$6,000
Other Current Liabilities (interest-free)	$500
Total Liabilities	$6,500
Capital
Planned Investment
Ted Brinkman	$40,000
Jim Spencer	$30,000
Other	$10,000
Additional Investment Requirement	$0
Total Planned Investment	$80,000
Loss at Start-up (Start-up Expenses)	($13,000)
Total Capital	$67,000
Total Capital and Liabilities	$73,500
Total Funding	$86,500

Chart: Start-up

Table: Start-up

Start-up
Requirements
Start-up Expenses
Legal	$300
Stationery, etc.	$200
Brochures	$500
Marketing consultants	$1,000
Insurance	$200
Rent	$3,000
Building renovations	$5,000
Expensed equipment	$1,500
Other	$1,300
Total Start-up Expenses	$13,000
Start-up Assets
Cash Required	$42,500
Start-up Inventory	$20,000
Other Current Assets	$1,000
Long-term Assets	$10,000
Total Assets	$73,500
Total Requirements	$86,500

3.0 Products

The Dollar Store sells a variety of quality discount merchandise. The types of merchandise we will carry will include items such as dishware, household goods, toys, cosmetics, candy, greeting cards, and a list of items too exhaustive to list here. A dedicated staff is committed to providing excellent customer service.

The merchandise is purchased from a variety of well-known manufacturers such as Procter & Gamble, General Mills, American Greetings as well as a number of other generic branded companies. Shipments arrive on a daily basis. We will continue to find new product lines that can be added to our inventory.

We are able to sell products at very low prices, because we will purchase items from discontinued lines, seconds, over runs, etc., that cannot be sold to a manufacturer's usual retail customers.

Дата добавления: 2015-10-26