Think about a new business. Using the template below, make a start-up expenses plan for your company. Make the plan for financing the operations.
Company
Describe the following:
The mission of the company
Vision
Products and services
Key customers
Projected sales in the first year
Key operations
Number of employees
Partners and Suppliers
Expenses
BUILDINGS/REAL ESTATE AMOUNT
Purchase
Construction
Remodeling
Other
Total
CAPITAL EQUIPMENT LIST AMOUNT
Furniture
Equipment
Fixtures
Machinery
Other
Total
LOCATION AND ADMIN EXPENSES AMOUNT
Rental
Utility deposits
Legal and accounting fees
Prepaid insurance
Pre-opening salaries
Other
Total
OPENING INVENTORY AMOUNT
Category 1
Category 2
Category 3
Category 4
Category 5
Total
ADVERTISING AND PROMOTIONAL EXPENSES AMOUNT
Advertising
Signage
Printing
Travel/entertainment
Other/additional categories
Total
OTHER EXPENSES AMOUNT
Other expense 1
Other expense 2
Total
Financial Plan
Describe how your company will be financed during the pre-start up and start up phase. What are the sources of finance, and how much funds will you need.