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Golf Course Training Center Business Plan

Greek Golf Training Center

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Company Summary

The Greek Golf Training Centers is a golf complex that will provide both members and casual users an opportunity to participate in a continuous golf training by getting expert help, without time limitations.

2.1 Company Ownership

The Greek Golf Training Centers will be a Limited Liability Corporation financed partially by direct owner investment and a long-term loan.

Dimitrios Vastarouchas and Helen Brasinika will own 25% of the company each.

The other two limited partners will own 40% and 10% respectively.

2.2 Start-up Summary

Our start-up costs are mostly equipment purchase, main building (which will be a wooden pre-fabricated building of good quality), training center construction, golf equipment for the retail store, stationery, legal costs, advertising, land rent and expenses associated with opening our first office. The start-up costs are to be financed by direct owner investment. The assumptions are shown in the following chart and table.

Start-up Funding
Start-up Expenses to Fund £261,000
Start-up Assets to Fund £79,000
Total Funding Required £340,000
Assets
Non-cash Assets from Start-up £65,000
Cash Requirements from Start-up £14,000
Additional Cash Raised £0
Cash Balance on Starting Date £14,000
Total Assets £79,000
Liabilities and Capital
Liabilities
Current Borrowing £0
Long-term Liabilities £140,000
Accounts Payable (Outstanding Bills) £0
Other Current Liabilities (interest-free) £0
Total Liabilities £140,000
Capital
Planned Investment
Investor 1 £160,000
Investor 2 £40,000
Other £0
Additional Investment Requirement £0
Total Planned Investment £200,000
Loss at Start-up (Start-up Expenses) (£261,000)
Total Capital (£61,000)
Total Capital and Liabilities £79,000
Total Funding £340,000
Start-up
Requirements
Start-up Expenses
Legal £6,000
Training center construction (pillars, nets etc) £50,000
Garden & parking £5,000
Training center equipment £40,000
Furniture £30,000
Licenses £10,000
Land purchase £0
Administration hardware, software & web £20,000
Golf equipment for selling £40,000
Advertising £30,000
Interior designer £20,000
Insurance £10,000
Total Start-up Expenses £261,000
Start-up Assets
Cash Required £14,000
Other Current Assets £0
Long-term Assets £65,000
Total Assets £79,000
Total Requirements £340,000
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Start-up Funding
Start-up Expenses to Fund £261,000
Start-up Assets to Fund £79,000
Total Funding Required £340,000
Assets
Non-cash Assets from Start-up £65,000
Cash Requirements from Start-up £14,000
Additional Cash Raised £0
Cash Balance on Starting Date £14,000
Total Assets £79,000
Liabilities and Capital
Liabilities
Current Borrowing £0
Long-term Liabilities £140,000
Accounts Payable (Outstanding Bills) £0
Other Current Liabilities (interest-free) £0
Total Liabilities £140,000
Capital
Planned Investment
Investor 1 £160,000
Investor 2 £40,000
Other £0
Additional Investment Requirement £0
Total Planned Investment £200,000
Loss at Start-up (Start-up Expenses) (£261,000)
Total Capital (£61,000)
Total Capital and Liabilities £79,000
Total Funding £340,000
Start-up
Requirements
Start-up Expenses
Legal £6,000
Training center construction (pillars, nets etc) £50,000
Garden & parking £5,000
Training center equipment £40,000
Furniture £30,000
Licenses £10,000
Land purchase £0
Administration hardware, software & web £20,000
Golf equipment for selling £40,000
Advertising £30,000
Interior designer £20,000
Insurance £10,000
Total Start-up Expenses £261,000
Start-up Assets
Cash Required £14,000
Other Current Assets £0
Long-term Assets £65,000
Total Assets £79,000
Total Requirements £340,000