Start-Up Expenses Year 1

(Starting Balance Sheet)

Prepared By: Company Name:

Anthony Burson-Thomas ArcherX
Depreciation
Fixed Assets Amount (years) Notes

Real Estate-Land Not Depreciated

Real Estate-Buildings 20
Leasehold Improvements 7
Equipment 7
Furniture and Fixtures 5
Vehicles 5
Other 5
Total Fixed Assets $ -

Operating Capital Amount Notes

Pre-Opening Salaries and Wages
Prepaid Insurance Premiums 500
Inventory
Legal and Accounting Fees 2,300 COAST Financial
Rent Deposits 500 Location rental costs to cover approx first 10 hours
Utility Deposits
Supplies 6,300
Advertising and Promotions 900 Stickers and business cards
Licenses
Other Initial Start-Up Costs
Working Capital (Cash On Hand) 1,500
Total Operating Capital $ 12,000
Total Required Funds $ 12,000

Sources of Funding Percentage Totals Loan Rate Term in Months Monthly Payments Notes
Owner's Equity 62.50% 7,500
Outside Investors 37.50% 4,500
Additional Loans or Debt
Commercial Loan 0.00% 9.00% 84 -
Commercial Mortgage 0.00% 9.00% 240 -
Credit Card Debt 0.00% 7.00% 60 -
Vehicle Loans 0.00% 6.00% 48 -
Other Bank Debt 0.00% 5.00% 36 -
Total Sources of Funding 100.00% $ 12,000 Cell D 42 must equal cell C31 $ -
Total Funding Needed $ - You are fully funded (Balanced)

Note: For existing businesses,

Existing Businesses ONLY -- Calculating Cash on Hand this should be the "bucket" of
Cash - cash plus receivables that will be
+ Accounts Receivable - turned into cash, minus payables
+ Prepaid Expenses - that will be paid out in cash in
- Accounts Payable - the near term (i.e. in the first
- Accrued Expenses - months of the plan)
Total Cash on Hand $ -

393632631.xlsx 1-StartingPoint 08/02/2018 16:59:10