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SOHO Computer Consulting Business Plan

Creative Concepts Computer Design

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Company Summary

Creative Concepts will initially be a sole proprietorship.

The goal will be to start the venture as inexpensively as possible, with minimal outside financing.

Creative Concepts will be a home office start-up, utilizing one studio room in the owner's home.

2.1 Company Ownership

Creative Concepts will be initially owned by Bram Ekstrand as a sole proprietorship. Possibly later adding additional employees and expanding operations as well as clientele.

2.2 Start-up Summary

Total start-up expenses are modest. This is composed of mostly equipment costs along with a few dollars for research of consumer wants and desires and a few pads of stationary. Exact allocations are shown on the table. Since this is a service business and not product oriented, operational costs should remain low through the start-up process.

Start-up
Requirements
Start-up Expenses
Legal £150
Stationery etc. £50
Brochures £0
Consultants £0
Insurance £0
Rent £0
Research and development £20
Expensed equipment £500
Other £0
Total Start-up Expenses £720
Start-up Assets
Cash Required £280
Other Current Assets £0
Long-term Assets £0
Total Assets £280
Total Requirements £1,000
Start-up Funding
Start-up Expenses to Fund £720
Start-up Assets to Fund £280
Total Funding Required £1,000
Assets
Non-cash Assets from Start-up £0
Cash Requirements from Start-up £280
Additional Cash Raised £0
Cash Balance on Starting Date £280
Total Assets £280
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 £1,000
Investor 2 £0
Other £0
Additional Investment Requirement £0
Total Planned Investment £1,000
Loss at Start-up (Start-up Expenses) (£720)
Total Capital £280
Total Capital and Liabilities £280
Total Funding £1,000
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Start-up
Requirements
Start-up Expenses
Legal £150
Stationery etc. £50
Brochures £0
Consultants £0
Insurance £0
Rent £0
Research and development £20
Expensed equipment £500
Other £0
Total Start-up Expenses £720
Start-up Assets
Cash Required £280
Other Current Assets £0
Long-term Assets £0
Total Assets £280
Total Requirements £1,000
Start-up Funding
Start-up Expenses to Fund £720
Start-up Assets to Fund £280
Total Funding Required £1,000
Assets
Non-cash Assets from Start-up £0
Cash Requirements from Start-up £280
Additional Cash Raised £0
Cash Balance on Starting Date £280
Total Assets £280
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 £1,000
Investor 2 £0
Other £0
Additional Investment Requirement £0
Total Planned Investment £1,000
Loss at Start-up (Start-up Expenses) (£720)
Total Capital £280
Total Capital and Liabilities £280
Total Funding £1,000