Startup Expenses
Enter your company name here
Sources of Capital
Owners' Investment (name and percent
ownership)
Your name and percent ownership $ -
Other investor -
Other investor -
Other investor -
Total Investment $ -
Bank Loans
Bank 1 $ - Notes on Preparation
Bank 2 - Note: You may want to print this information to use as refer
Bank 3 - the border of this text box and then press the DELETE key.
Bank 4 - Nearly everyone who has ever started a business has unde
Total Bank Loans $ - danger of running with inadequate capital reserves. The ke
approach to your research and planning.
Our Startup Expenses worksheet will lead you through the
Other Loans
Source 1 $ - EXPENSES - Begin by estimating expenses. What will it c
Source 2 - The key to accuracy here is attention to detail. For each ca
everything you will need to purchase. This will include both
Total Other Loans $ - inventory) and services (for example, remodeling, insuranc
purchase these goods or services. Research more than on
at price alone; terms of payment, delivery, reliability, and se
CONTINGENCIES - Add a reserve for contingencies. Be s
Startup Expenses decided on the amount you are putting into this reserve.
WORKING CAPITAL - You cannot open with an empty ban
expenses while the business gets going. Eventually you sh
Buildings/Real Estate This is where you will work out your estimate of working ca
Purchase $ - blank or put in your best rough guess. After you have done
enter the carefully researched figure.
Construction - SOURCES - Now that you have estimated how much capit
Remodeling - your attention to the top part of this worksheet. Enter the am
be injected by partners or investors, and how much will be
Other - COLLATERAL - If you will be using this plan to support a b
Total Buildings/Real Estate $ - bottom to show what assets are offered as collateral to sec
value of these items. Be prepared to offer some proof of yo
Leasehold Improvements
Item 1 $ -
Item 2 -
Item 3 -
Item 4 -
Total Leasehold Improvements $ -
Capital Equipment List
Furniture $ -
Equipment -
Fixtures -
Machinery -
Other -
Total Capital Equipment $ -
Location and Admin Expenses
Rent & Related Costs $ -
Utility deposits -
Legal and accounting fees -
Prepaid insurance -
Pre-opening salaries -
Other -
Total Location and Admin Expenses $ -
Opening Inventory
Category 1 $ -
Category 2 -
Category 3 -
Category 4 -
Category 5 -
Total Inventory $ -
Advertising and Promotional Expenses
Advertising $ -
Signage -
Printing -
Travel/entertainment -
Other/additional categories -
Total Advertising/Promotional Expenses $ -
Other Expenses
Other expense 1 $ -
Other expense 2 -
Total Other Expenses $ -
Reserve for Contingencies $ -
Working Capital $ -
Summary Statement
Sources of Capital
Owners' and other investments $ -
Bank loans -
Other loans -
Total Source of Funds $ -
Startup Expenses
Buildings/real estate $ -
Leasehold improvements -
Capital equipment -
Location/administration expenses -
Opening inventory -
Advertising/promotional expenses -
Other expenses -
Contingency fund -
Working capital -
Total Startup Expenses $ -
Security and Collateral for Loan Proposal
Collateral for Loans Value Description
Real estate $ -
Other collateral -
Other collateral -
Other collateral -
Owners
Your name here
Other owner
Other owner
Loan Guarantors (other than owners)
Loan guarantor 1
Loan guarantor 2
Loan guarantor 3
ion
t to print this information to use as reference later.To delete these instructions, click
xt box and then press the DELETE key.
o has ever started a business has underestimated the costs, and then faced the
ith inadequate capital reserves. The key to avoiding this pitfall is to adopt a rigorous
search and planning.
es worksheet will lead you through the process.
by estimating expenses. What will it cost you to get your business up and running?
y here is attention to detail. For each category of expense, draw up a list of
need to purchase. This will include both tangible assets (for example, equipment,
ces (for example, remodeling, insurance). Then determine where you might
ds or services. Research more than one vendor; i.e.: comparison shop. Do not look
s of payment, delivery, reliability, and service are also important.
- Add a reserve for contingencies. Be sure to explain in your narrative how you
unt you are putting into this reserve.
L - You cannot open with an empty bank account. You need a cash cushion to meet
business gets going. Eventually you should do a 12-month cash flow projection.
ill work out your estimate of working capital needs. For now, either leave this line
best rough guess. After you have done your cash flow, you can come back and
esearched figure.
hat you have estimated how much capital will be needed to start, you should turn
top part of this worksheet. Enter the amounts you will put in yourself, how much will
ers or investors, and how much will be supplied by borrowing.
ou will be using this plan to support a bank loan request, use the section near the
at assets are offered as collateral to secure the loan, and give your estimate of the
s. Be prepared to offer some proof of your estimates of collateral values.
