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Electrical Contractor Business Plan

Premiere Electric

This sample business plan can be edited directly in Business Plan Pro software.

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Company Summary

Premiere Electric is a new start-up electrical contracting firm. The area's economic growth the last several years has resulted in increased opportunity for the installation of high-end electrical systems for security, data transfer and communication. Premiere Electric is positioned to capitalize on the growing need of businesses in the greater tri-county area.

2.1 Company Ownership

Robin Sullivan is the sole owner and employee of Premiere Electric.

2.2 Start-up Summary

Robin will invest her personal savings in Premiere Electric. The following table shows projected initial start-up costs for Premiere Electric.

Start-up
Requirements
Start-up Expenses
Legal £0
Stationery etc. £100
Brochures £200
Start-up Inventory £10,000
Other £0
Total Start-up Expenses £10,300
Start-up Assets
Cash Required £29,700
Other Current Assets £0
Long-term Assets £22,000
Total Assets £51,700
Total Requirements £62,000
Start-up Funding
Start-up Expenses to Fund £10,300
Start-up Assets to Fund £51,700
Total Funding Required £62,000
Assets
Non-cash Assets from Start-up £22,000
Cash Requirements from Start-up £29,700
Additional Cash Raised £0
Cash Balance on Starting Date £29,700
Total Assets £51,700
Liabilities and Capital
Liabilities
Current Borrowing £0
Long-term Liabilities £22,000
Accounts Payable (Outstanding Bills) £0
Other Current Liabilities (interest-free) £0
Total Liabilities £22,000
Capital
Planned Investment
Robin £40,000
Investor 2 £0
Other £0
Additional Investment Requirement £0
Total Planned Investment £40,000
Loss at Start-up (Start-up Expenses) (£10,300)
Total Capital £29,700
Total Capital and Liabilities £51,700
Total Funding £62,000
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Start-up
Requirements
Start-up Expenses
Legal £0
Stationery etc. £100
Brochures £200
Start-up Inventory £10,000
Other £0
Total Start-up Expenses £10,300
Start-up Assets
Cash Required £29,700
Other Current Assets £0
Long-term Assets £22,000
Total Assets £51,700
Total Requirements £62,000
Start-up Funding
Start-up Expenses to Fund £10,300
Start-up Assets to Fund £51,700
Total Funding Required £62,000
Assets
Non-cash Assets from Start-up £22,000
Cash Requirements from Start-up £29,700
Additional Cash Raised £0
Cash Balance on Starting Date £29,700
Total Assets £51,700
Liabilities and Capital
Liabilities
Current Borrowing £0
Long-term Liabilities £22,000
Accounts Payable (Outstanding Bills) £0
Other Current Liabilities (interest-free) £0
Total Liabilities £22,000
Capital
Planned Investment
Robin £40,000
Investor 2 £0
Other £0
Additional Investment Requirement £0
Total Planned Investment £40,000
Loss at Start-up (Start-up Expenses) (£10,300)
Total Capital £29,700
Total Capital and Liabilities £51,700
Total Funding £62,000