Start-up Summary Clause Samples
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 ▇▇▇▇ 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.
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 retail outlet will be rented at one of the target in Nairobi CBD. Our preference is along ▇▇▇ ▇▇▇▇▇ 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. [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
Start-up Summary. The company founder, ▇▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, 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. 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