What are the categories of Assets (cash, communications equipment, inventory, operating equipment, etc.) and Prepaid Items (rent, insurance, advertising, etc.) you need to buy to start your business, and how much will you need to spend on each category?

CATEGORY COST

1.

2.

3.

4.

5.

6.

Total Assets =$

Show the break-down of how you plan to finance the start-up of your company:

SOURCES OF TRADE CREDIT & LOANS (Liabilities) Amount Owning ($)

1.

2.

3.

4.

Total Liabilities = $

INVESTMENTS BY OWNER(S) Ownership Percentage (%) Amount Invested ($)

You: % $

Partners: % $

% $

100% Total Owner Equity = $

Total Liabilities and Owner's Equity =$

(Total Financing)

~How long do you think it will take your business idea to start paying all its opportunity costs for the resources needed, and break-even?

Months OR Years

REMEMBER, TOTAL START-UP COSTS MUST EQUAL TOTAL FINANCING

~Describe (using four or five sentences and one paragraph) the major categories of assets you need to purchase for your business and what you budget it will cost. Provide a lead-in sentence to introduce the reader to what the paragraph is talking about.

~Describe (using four or five sentences and one paragraph) where you will get the money from to start your business, and who will have how much ownership. Provide a lead-in sentence to introduce the reader to what the paragraph is talking about.