Start-up Summary Sample Clauses

Start-up Summary. The cost to open the venue is $150,000. The majority of the expenses are in rent, equipment, marketing and raw materials. The location requires some build-out and renovation totaling about $40,000 and will require approximately 24-31 days to complete. The Owner/s will propose to Washington Park Mall Management the possibilities of financing the sub-contracting fees initially for a return on their investment as well as equity into the company. The owner’s source of funds is limited to cash. Target sales for the first year is to sell at least 300 customers with an average bill of $15 per day. This is a modest target considering the foot traffic in this area. We believe that within months of operations, especially during the peak season in the summer, sales can go up to 350 to 1000 customer sales a day. Based on the modest target Big Ma’s Kitchen gross sales revenue for the first year is projected to be $1.4 million with a projected gross profit of $293,068. We intend to increase sales by 20% per year for the next 5 years as well as adding more venues around Massachusetts and Atlanta.
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Start-up Summary. The retail outlet will be rented at one of the target in Nairobi CBD. Our preference is along Xxx Xxxxx Street, for the main reason of reaching larger traffic. Startup requirements will be financed through owner investments. SNO. START UP AMOUNT (KSHS) Requirements (1) Start -up Expenses Kitchen and Fixtures 150,000 Furniture and Interior 200,000 Legal 100,000 Rent for one year (to be paid upfront) 600,000 Packaging and Stationary 200,000 Contingencies 200,000 Sub-Total Start-up Expenses 1,450,000 (2) Start -up Assets Cash Required 400,000 Other Current Assets 0 Long-term Assets 0 Total Assets 400,000 Grand- Total Requirements 1,850,000 3,000,000 2,500,000 Amount in 2,000,000 Kenya 1,500,000 Assets Investment Loans Expenses
Start-up Summary. After spending several months searching for a convenient location, the owners decided to lease a commercial space in a densely populated area of Local Bay. The start-up capital will be used for legal expenses, kitchen inventory and equipment, packing and other materials, insurance, rent, promotion and business sign, and inventory on hand at start-up, as shown in the table below.
Start-up Summary. The Company anticipates the following start-up expenses. 1. Legal fees associated with Memorandums of Understanding, Landing Rights and Traffic Agreements. 2. Travel costs associated with travel of management and project personnel to Latin America and the Caribbbean. 3. Insurance costs for the project development and construction . 4. Rent for office space for personnel. 5. Computer harware and software costs. 6. Miscelleneous costs of start-up. Long term assets include equipment initial deposits. $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 Assets Investment Loans
Start-up Summary. The company founder, Xx. Xxxxxxxx Xxxxxx, will handle day-to-day operations of the business and will work collaboratively to ensure that this business venture is a success. Salary 1 $4,02,750 Land $3,00,000 Patents 2 $3,61,250 Computers (12 x 35,000) $4,20,000 R & D $4,50,000 R & D Set up $1,29,500 Traveling expenses (40,000 x 36mths) $36,000 Legal and Consultation $54,000 Miscellaneous Expenses 3 $71,550 Business Promotion 100% escalation Extra events from business plan Add up in plan Expenses Assets Inv estment Loans $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 The present invention relates with the safety features for the cars. It is electronic control based system device. 1) Accidents occur due to misguide or improper judgment of the driver on a slope. On a slope during pick up, if driver do not operate the clutch, brake and accelerator properly then car moves back, this may cause accident. Also if there is less slope then driver press more accelerator which make more fuel to burn, this will directly affect on fuel efficiency.
Start-up Summary. [YOUR COMPANY NAME] has already purchased the property and paid off the outstanding note for a total of $975,000. The costs associated with a franchise fee ($25,000) will be included in the start-up table. Total start-up expenses are grouped into five main categories; Construction, Finish Work, Materials / Equipment, [YOUR COMPANY NAME] & Equipment and finally Fuel Equipment. $20,000 will be reserved for miscellaneous contingencies and remainder is made up of $50,000 in soft costs plus $3,600 for security guard services during renovation. Construction Costs $394,500 Finish Work $24,000 Materials/Equipment $83,250 [YOUR COMPANY NAME] & Equipment $149,000 Fuel Equipment $95,965 Contingency Costs $20,000 Other $53,600 Total Start-up Expenses $820,315 Cash Required $27,500 Other Current Assets $65,000 Long-term Assets $975,000 Total Assets $1,067,500 Total Requirements $1,887,815

Related to Start-up Summary

  • JOB SUMMARY Vouches sample transaction in audit verification assignments and submits findings to supervisor; • Records proceedings of entry and exit conferences; • Collects and analyses data and statistics; • Prepares audit working papers for review by supervisor; • Undertakes any other duties that may be assigned by the Chief Internal Audit Technician.

  • Project Summary The main objective of the LIFE GAIA Sense project is to demonstrate gaiasense, an innovative “Smart Farming” (SF) solution that aims at reducing the consumption of natural resources, as a way to protect the environment and support Circular Economy (CE) models. More specifically, this project will launch 18 demonstrators across Greece, Spain and Portugal covering 9 crops (olives, peaches, cotton, pistachio, potatoes, table tomatoes, industrial tomatoes, grapes, kiwi) in various terrain and microclimatic conditions. They will demonstrate an innovative method, based on high-end technology, which is suitable for being replicated and will be accessible and affordable to Farmers either as individuals or collectively through Agricultural Cooperatives. Moreover, LIFE GAIA Sense aims to promote resource efficiency practices in SMEs of the agricultural sector and eventually, contribute to the implementation of the Roadmap to a Resource Efficient Europe. This project will demonstrate a method on how the farmer will be able to decide either to use or avoid inputs (irrigation, fertilizers, pesticides etc.) in a most efficient way, without risking the annual production. The focus is on the resource consumption reduction side of CE, and the results will be both qualitatively and quantitatively, considering the resources’ efficiency in agricultural sector.

  • Budget Summary Other Sources (Page BudgetSum 2-3 - Acct 7000), must equal Other Uses (BudgetSum 2-3 - Acct. 8000). Estimated Beginning Fund Balance July,1 2020 for all Funds (Cells C3 - K3) (Line must have a number or zero. Do not leave blank.) OK Estimated Activity Fund Beginning Fund Balance July,1 2020 (Cell C83) (Cell must have a number or zero. Do not leave blank.) OK Transfer Among Funds (Funds 10, 20, 40 - Acct 7130 - Cells C29, D29, F29), must equal (Funds 10, 20 & 40 - Acct 8130 - Cells C52, D52, F52). OK Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru 60, & 80 - Acct 8140 - Cells C53:H53, J53). OK Transfer to Debt Service to Pay Principal on Capital Leases (Fund 30 - Acct 7400 - Cell E39) must equal (Funds 10, 20 & 60 - Acct 8400 Cells C57:H60). OK Transfer to Debt Service to Pay Interest on Capital Leases (Fund 30 - Acct 7500 - Cell E40) must equal (Funds 10, 20 & 60 - Acct 8500 - Cells C61:H64). OK Transfer to Debt Service Fund to Pay Principal on Revenue Bonds (Fund 30 - Acct 7600 - Cell E41) must equal (Funds 10 & 20 - Acct 8600 - Cells C65:D68). OK Transfer to Debt Service to Pay Interest on Revenue Bonds (Fund 30 - Acct 7700 - Cell E42) must equal (Funds 10 & 20 - Acct 8700 - Cells C69:D72). OK Transfer to Capital Projects Fund (Fund 60 - Acct 7800 - Cell H43) must equal (Fund 10 & 20, Acct 8800 - Cells C73:D76). OK

  • Expense Summary The information set forth in the Prospectus in the Fee Table has been prepared in accordance with the requirements of Form N-2 and to the extent estimated or projected, such estimates or projections are reasonably believed to be attainable and reasonably based.

  • PROGRESS SCHEDULE The Contractor, within ten (10) working days of receiving notice of the award of the contract, shall prepare and submit for the State's and Architect's information an estimated progress schedule for the Work. The progress schedule shall be related to the entire Project to the extent required by the Contract Documents, and shall provide for expeditious and practicable execution of the Work.

  • Flexible Work Schedule A flexible work schedule is any schedule that is not a regular, alternate, 9/80, or 4/10 work schedule and where the employee is not scheduled to work more than 40 hours in the "workweek" as defined in Subsections F. and H., below.

  • SERVICE LEVEL DESCRIPTION The Fund Accounting Agreement is hereby amended by deleting the Service Level Description attached thereto and replacing it in its entirety with the Service Level Description attached hereto.

  • System Description The wet detention basin is designed to trap 80% of sediment in runoff and maintain pre-development downstream peak flows. The basin has two forebays (smaller ponds) located at the low end of two grass xxxxxx. In addition to runoff conveyance, the grass xxxxxx also allow infiltration and filtering of pollutants, especially from smaller storms. The forebays are each 4 feet deep. They are connected to the main pool by 18 and 24-inch metal pipes that outlet onto a rock chute. The forebays will trap coarse sediments in runoff, such as road sands, thus reducing maintenance of the main basin. The main pool will trap the finer suspended sediment. To do this, the pond size, water level and outlet structures must be maintained as specified in this Agreement (see Figures 1, 2 and 3). The main basin receives runoff from a 67.1 acre drainage area (41.2 acres within the subdivision and 25.9 acres off-site drainage coming from the east). During high rainfall or snow melt events, the water level will temporarily rise and slowly drain down to the elevation of the control structure. The water level is controlled by a 12-inch concrete pipe extending through the berm in the northwest corner of the basin (see Figures 1 and 3). On the face of the 12-inch pipe, there is metal plate with a 3-inch drilled hole (orifice) with stone in front of it. This orifice controls the water level and causes the pond to temporarily rise during runoff events. Washed stone (1- 2” diameter) is placed in front of the orifice to prevent clogging. High flows may enter the grated concrete riser or flow over the rock lined emergency spillway. “As-built” construction drawings of the basin, showing actual dimensions, elevations, outlet structures, etc. will be recorded as an addendum(s) to this agreement within 60 days after [Municipality Name] accepts verification of construction from the project engineer.

  • Completion Schedule 6.1 The proposed schedule for the completion of the Project is presented in “Attachment D” and is made a part hereof. 6.2 ENGINEER shall adhere to all time limits stated in this Agreement or included in any accepted time schedule. All such time limits shall be of the essence to this Agreement. 6.3 In all events the various stages and phases of ENGINEER’S services are to be completed in such sequence and at such times, and with approved or agreed upon time limits, as may be required to assure the timely, continuous, efficient and diligent prosecution of the work and services provided for by this Agreement. 6.4 OWNER may at any time, by written order, make changes within the general scope of the Agreement in the services of work to be performed. If ENGINEER believes that such a change justifies an increase in ENGINEER’S contract time or contract price required to perform the series under this Agreement it must assert such claim in writing within thirty (30) days of receipt of OWNER’S written order giving rise to the claim. No claim for adjustment in the contract time or contract price will be valid if not submitted in accordance with this paragraph. No services for which ENGINEER will charge additional compensation shall be furnished without the written authorization of OWNER. 6.5 ENGINEER shall carry on all work required under this Agreement and maintain the schedule for services during all disputes or disagreements with OWNER. No work shall be delayed or postponed pending resolution of any disputes or disagreements except as permitted in Article 8, or as ENGINEER and OWNER may otherwise agree in writing. 6.6 If the commencement, prosecution or completion of the services under this Agreement, or of the construction of the Project is delayed by any act, omission, delay, neglect or default of ENGINEER, or anyone employed by ENGINEER, or by any damage or acts caused by the negligent acts or omission by ENGINEER, then ENGINEER shall be liable to OWNER for any and all costs, assessments, expense, liabilities or damages caused thereby, in accordance with Section 4.8. 6.7 ENGINEER shall not be responsible for any time delays in the Project, or in the performance of services under this Agreement, to the extent such delays are caused solely by any act, omission, neglect or default of OWNER or anyone employed by OWNER, or by the unreasonable delay of any review agency or utility, or for any delay or damage caused by fire or the combined action of workers and which are in no way chargeable, in whole or in part, to ENGINEER, or by any other conditions or circumstances beyond the control of ENGINEER, its employee, agent, or other persons for whose acts or omissions ENGINEER is responsible. In the event of such delay, ENGINEER shall be entitled to an adjustment in the schedules or agreed time limitations for the performance of services, and this Agreement shall be modified in writing accordingly. Any claim of ENGINEER for adjustment under this cause must be asserted in writing within thirty (30) days from the date of the occurrence of the event giving rise to the claim, unless OWNER grants a further period of time before the date of final payment to ENGINEER. The adjustment of time for the performance of services, as provided in this paragraph, shall be ENGINEER’s sole exclusive right, entitlement and remedy in the event of such delays, and ENGINEER shall have no claim against OWNER for adjustment for increase in costs of performance, or other damages occurred in connection therewith.

  • Work Schedule (A) Where an employee has an established schedule, a change in workdays or shifts will be posted no less than 14 calendar days in advance and will reflect at least a two workweek schedule; however, the state will make a good faith effort to reflect a one month schedule. (B) In the event of a declared emergency the notice requirement of this Section may be void. (C) The state will continue to observe the scheduling structures currently in place at each agency and agrees to bargain any change in the overall practice of how schedules are established.

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