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Fire Rescue E-commerce Business Plan

FireRescue Depot

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Company Summary

FireRescue Depot is an S Corporation, registered and located in Chicago, IL.

Start-up Summary

FireRescue Depot has identified the type of equipment, and the start-up costs of the organization. The start-up expenditures will allow FireRescue Depot to open a small showroom for their equipment, launch a comprehensive eCommerce website, and have the necessary office support.

  • Office furniture- enough for five workstations.
  • Computer system- five workstations and one central file server. A laser printer, digital camera, scanner, and a broadband Internet connection will also be used. Needed software will be Business Plan Pro, Microsoft Office, and QuickBooks Pro.
  • Copier and fax machine.
  • Assorted furniture for the showroom.
  • Storage shelving units.
  • Assorted professional service providers fees including business, legal and accounting providers.
  • Website development.
  • Inventory for showroom.
Start-up
Requirements
Start-up Expenses
Legal £2,000
Stationery etc. £500
Brochures £1,000
Consultants £3,000
Website development £15,000
Total Start-up Expenses £21,500
Start-up Assets
Cash Required £62,000
Other Current Assets £6,500
Long-term Assets £35,000
Total Assets £103,500
Total Requirements £125,000
Start-up Funding
Start-up Expenses to Fund £21,500
Start-up Assets to Fund £103,500
Total Funding Required £125,000
Assets
Non-cash Assets from Start-up £41,500
Cash Requirements from Start-up £62,000
Additional Cash Raised £10,000
Cash Balance on Starting Date £72,000
Total Assets £113,500
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
Investor 1 £75,000
Investor 2 £35,000
Investor 3 £25,000
Additional Investment Requirement £0
Total Planned Investment £135,000
Loss at Start-up (Start-up Expenses) (£21,500)
Total Capital £113,500
Total Capital and Liabilities £113,500
Total Funding £135,000

Company Ownership

FireRescue Depot's main shareholder in the S Corporation is Steve Dalmatian.

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Start-up
Requirements
Start-up Expenses
Legal £2,000
Stationery etc. £500
Brochures £1,000
Consultants £3,000
Website development £15,000
Total Start-up Expenses £21,500
Start-up Assets
Cash Required £62,000
Other Current Assets £6,500
Long-term Assets £35,000
Total Assets £103,500
Total Requirements £125,000
Start-up Funding
Start-up Expenses to Fund £21,500
Start-up Assets to Fund £103,500
Total Funding Required £125,000
Assets
Non-cash Assets from Start-up £41,500
Cash Requirements from Start-up £62,000
Additional Cash Raised £10,000
Cash Balance on Starting Date £72,000
Total Assets £113,500
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
Investor 1 £75,000
Investor 2 £35,000
Investor 3 £25,000
Additional Investment Requirement £0
Total Planned Investment £135,000
Loss at Start-up (Start-up Expenses) (£21,500)
Total Capital £113,500
Total Capital and Liabilities £113,500
Total Funding £135,000