Startup Expenses
Enter your company name here
Sources of Capital Notes on Preparation
Note: You may want to print this information to use
these instructions, click the border of this text box a
Owners' Investment (name and percent key.
ownership)
Your name and percent ownership $ - Nearly everyone who has ever started a business h
and then faced the danger of running with inadequa
Other investor - to avoiding this pitfall is to adopt a rigorous approac
Other investor - planning.
Our Startup Expenses worksheet will lead you thro
Other investor -
Total Investment $ - EXPENSES - Begin by estimating expenses. Wha
business up and running? The key to accuracy her
each category of expense, draw up a list of everyth
Bank Loans This will include both tangible assets (for example,
Bank 1 $ - services (for example, remodeling, insurance). The
purchase these goods or services. Research more
Bank 2 - comparison shop. Do not look at price alone; terms
Bank 3 - reliability, and service are also important.
CONTINGENCIES - Add a reserve for contingencie
Bank 4 - narrative how you decided on the amount you are p
Total Bank Loans $ - WORKING CAPITAL - You cannot open with an em
cash cushion to meet expenses while the business
should do a 12-month cash flow projection. This is
Other Loans estimate of working capital needs. For now, either l
Source 1 $ - your best rough guess. After you have done your c
and enter the carefully researched figure.
Source 2 - SOURCES - Now that you have estimated how mu
Total Other Loans $ - start, you should turn your attention to the top part
amounts you will put in yourself, how much will be i
investors, and how much will be supplied by borrow
COLLATERAL - If you will be using this plan to sup
the section near the bottom to show what assets ar
Startup Expenses secure the loan, and give your estimate of the value
to offer some proof of your estimates of collateral v
Buildings/Real Estate
Purchase $ -
Construction -
Remodeling -
Other -
Total Buildings/Real Estate $ -
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
Rental $ -
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
reparation
may want to print this information to use as reference [Link] delete
ctions, click the border of this text box and then press the DELETE
yone who has ever started a business has underestimated the costs,
ced the danger of running with inadequate capital reserves. The key
this pitfall is to adopt a rigorous approach to your research and
Expenses worksheet will lead you through the process.
S - Begin by estimating expenses. What will it cost you to get your
p and running? The key to accuracy here is attention to detail. For
ory of expense, draw up a list of everything you will need to purchase.
lude both tangible assets (for example, equipment, inventory) and
r example, remodeling, insurance). Then determine where you might
ese goods or services. Research more than one vendor; i.e.:
shop. Do not look at price alone; terms of payment, delivery,
nd service are also important.
NCIES - Add a reserve for contingencies. Be sure to explain in your
w you decided on the amount you are putting into this reserve.
CAPITAL - You cannot open with an empty bank account. You need a
n to meet expenses while the business gets going. Eventually you
12-month cash flow projection. This is where you will work out your
working capital needs. For now, either leave this line blank or put in
ugh guess. After you have done your cash flow, you can come back
he carefully researched figure.
- Now that you have estimated how much capital will be needed to
hould turn your attention to the top part of this worksheet. Enter the
u will put in yourself, how much will be injected by partners or
nd how much will be supplied by borrowing.
AL - If you will be using this plan to support a bank loan request, use
near the bottom to show what assets are offered as collateral to
oan, and give your estimate of the value of these items. Be prepared
e proof of your estimates of collateral values.
