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Internet ISP Wireless Business Plan

Grassroots Wireless

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Company Summary

Grassroots Wireless will be formed in 2003 to offer an inexpensive, wireless broadband Internet connection to compete with DSL or cable offerings. Using Wi-fi technology, it is inexpensive to set up a neighborhood network. The company was founded by Steve Teche. Steve will rely on outside investors for the necessary start-up costs.

2.1 Company Ownership

Grassroots Wireless is an Illinois L.L.C. with Steve Teche as the principal and majority owner.

2.2 Start-up Summary

Equipment that will be needed is as follows:

  • Three computer workstations;
  • Wireless access point;
  • Five repeaters;
  • Five antennas;
  • Assorted office equipment and supplies.
Start-up Funding
Start-up Expenses to Fund £9,500
Start-up Assets to Fund £60,500
Total Funding Required £70,000
Assets
Non-cash Assets from Start-up £5,000
Cash Requirements from Start-up £55,500
Additional Cash Raised £0
Cash Balance on Starting Date £55,500
Total Assets £60,500
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 £15,000
Investor 2 £55,000
Additional Investment Requirement £0
Total Planned Investment £70,000
Loss at Start-up (Start-up Expenses) (£9,500)
Total Capital £60,500
Total Capital and Liabilities £60,500
Total Funding £70,000
Start-up
Requirements
Start-up Expenses
Legal £2,000
Stationery etc. £100
Consultants £1,000
Insurance £200
Rent £200
Research and Development £1,000
Expensed Equipment £5,000
Total Start-up Expenses £9,500
Start-up Assets
Cash Required £55,500
Other Current Assets £0
Long-term Assets £5,000
Total Assets £60,500
Total Requirements £70,000
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Start-up Funding
Start-up Expenses to Fund £9,500
Start-up Assets to Fund £60,500
Total Funding Required £70,000
Assets
Non-cash Assets from Start-up £5,000
Cash Requirements from Start-up £55,500
Additional Cash Raised £0
Cash Balance on Starting Date £55,500
Total Assets £60,500
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 £15,000
Investor 2 £55,000
Additional Investment Requirement £0
Total Planned Investment £70,000
Loss at Start-up (Start-up Expenses) (£9,500)
Total Capital £60,500
Total Capital and Liabilities £60,500
Total Funding £70,000
Start-up
Requirements
Start-up Expenses
Legal £2,000
Stationery etc. £100
Consultants £1,000
Insurance £200
Rent £200
Research and Development £1,000
Expensed Equipment £5,000
Total Start-up Expenses £9,500
Start-up Assets
Cash Required £55,500
Other Current Assets £0
Long-term Assets £5,000
Total Assets £60,500
Total Requirements £70,000