A | B | C | D | E | F | G | |
---|---|---|---|---|---|---|---|
1 | [Business Name] | Business Startup Costs | |||||
2 | |||||||
3 | |||||||
4 | FUNDING | Estimated | Actual | Under/(Over) | |||
5 | Investor Funding | {42} | |||||
6 | Owner 1 | 10,000 | 9,600 | 400 | ← Amount to be contributed by an owner | ||
7 | Owner 2 | 5,000 | 5,500 | (500) | |||
8 | Other | ← Add above this line. Other Investor Funding (minority owners, etc) | |||||
9 | Total Investment | 15,000 | 15,100 | (100) | |||
10 | |||||||
11 | Loans | ||||||
12 | Bank Loan 1 | ← Funds available from Bank Loans | |||||
13 | Bank Loan 2 | ||||||
14 | Non Bank Loan 1 | ← Add above this line. Funds available from other types of loans | |||||
15 | Total Loans | 0 | 0 | 0 | |||
16 | Other Funding | ||||||
17 | Grant 1 | ← Funds from other sources such as Government grants. | |||||
18 | Other | ← Add above this line. Funds from any other sources. | |||||
19 | Total Other Funding | 0 | 0 | 0 | |||
20 | |||||||
21 | Total FUNDING | 15,000 | 15,100 | (100) | ← Total Available Funds for Startup | ||
22 | |||||||
23 | COSTS | Estimated | Actual | Under/(Over) | |||
24 | Fixed Costs | ||||||
25 | Advertising for Opening | ← Initial advertising push. May include Grand Openings, Open Houses, etc. | |||||
26 | Basic Website | ← Design and creation of a basic website | |||||
27 | Brand Development | ← Creation of a Name, Logo and theme | |||||
28 | Building Down Payment | ← Down payment for the purchase of a building/land | |||||
29 | Building Improvements/Remodeling | ← Sometimes referred to as Leasehold Improvements | |||||
30 | Business Cards/Stationery | ← Business cards, letterhead, flyers, brochures, menus, etc. | |||||
31 | Business Entity | ← Creation of a business entity such as a Partnership, LLC or Corporation. | |||||
32 | Business Licenses/Permits | ← City license, health permits, liquor permits, safety licenses, etc. | |||||
33 | Computer Hardware/Software | ← Computers, printers, back up drives, networking hardware, industry specific software or custom software/database. | |||||
34 | Decorating | ← Plants, pictures, window treatments, etc. | |||||
35 | Franchise Start Up Fees | ← One time franchise startup fees | |||||
36 | Internet Setup Deposit | ← Basic deposit on internet service and associated hardware | |||||
37 | Lease Security Deposit | ← Deposit for lease of a building | |||||
38 | Legal/Professional Fees | ← Legal, accounting, etc. | |||||
39 | Machines & Equipment | ← Scales, copiers, fax machines, dollies, packing machines, etc. Depends on your business. | |||||
40 | Office Furniture/Fixtures | ← Cubicles, desks, chairs, counters, display cases, storage racks | |||||
41 | Operating Cash (Working Capital) | ← Cash reserve for normal business operations | |||||
42 | Point of Sale Hardware/Software | ← cash drawers, point of sale software, receipt printers, bar code scanners, credit card machines | |||||
43 | Prepaid Insurance | ← Certain types of insurance must be prepaid | |||||
44 | Public Utilities Deposits | ← Deposit for public utilities such as water, gas and electricity. | |||||
45 | Reserve for Contingencies | ← Desired amount of cash to be held in reserve for unforeseen costs and issues | |||||
46 | Security System Installation | ← Purchase and installation of a security system (if needed) | |||||
47 | Setup, installation and consulting fees | ← Fees for consultants (Business, IT, Marketing) and setup of computers, equipment, etc. | |||||
48 | Signage | ← This would include store front, window, door and street signs. | |||||
49 | Starting Inventory | ← Inventory required to open your doors | |||||
50 | Telephone | ← Includes Cell Phones | |||||
51 | Tools & Supplies | ← Includes office suppliers, cleaning supplies, etc. | |||||
52 | Travel | ← May include travel to visit suppliers or distributors. | |||||
53 | Truck & Vehicle | ← Include any equipment or vehicles for any significant warehousing needs (forklifts, dollies, pallet jacks) | |||||
54 | Other 1 (specify) | ← Include lines items specific to your business. | |||||
55 | Other 2 (specify) | ← Add new lines above this line | |||||
56 | [42] | Total Fixed Costs | 0 | 0 | 0 | ||
57 | |||||||
58 | Average Monthly Costs | ||||||
59 | Advertising (print, broadcast and Internet) | ← Ongoing advertising and promotion costs | |||||
60 | Business Insurance | ← Business insurance costs including building, inventory and liability. | |||||
61 | Business Vehicle Insurance | ← Insurance for your company vehicles | |||||
62 | Employee Salaries and Commissions | ← Do not forget to include any costs for employee benefits | |||||
63 | Equipment Lease Payments | ← Payments for equipment that is leased | |||||
64 | Inventory, raw materials, parts | ← Ongoing purchase of inventory and raw materials to keep your business running | |||||
65 | Franchise Fee | ← Monthly franchise fees such as percentage of sales and marketing co-op fees. | |||||
66 | Health Insurance | ← May be for the owners or all employees. | |||||
67 | Internet Connection | ← Fee for having an internet connection to your building. | |||||
68 | Loan and Credit Card Interest & Principal | ← Interest and principal payments on any loans or credit cards. | |||||
69 | Legal/Accounting Fees | ← On going fees for taxes, payroll or other legal issues. | |||||
70 | Merchant Account Fees | ← Fees for maintaining a merchant account (ability to accept and process credit and debit cards) | |||||
71 | Miscellaneous Expenses | ← Other miscellaneous costs associated with your business | |||||
72 | Mortgage Payments | ← Mortgage payments for land or buildings you have purchased | |||||
73 | Lease Payment | ← Lease payment if you are leasing your facilities | |||||
74 | Owner Salary | ← Don't forget contributions to retirement plans or HSAs. | |||||
75 | Payroll taxes or Self-employment tax | ← Self Employment and payroll taxes can add up and often have to be paid quarterly. | |||||
76 | Postage/Shipping Costs | ← Includes shipping fees as well as packing supplies (boxes, filler, paper, tape) | |||||
77 | Security System Monthly Payment | ← Monthly fee for maintaining an alarm system. | |||||
78 | Supplies | ← Any and all supplies including inks, toner, cleaning, paper towels, toilet paper, etc. | |||||
79 | Telephone | 63 | 65 | (2) | ← Also includes cell phones | ||
80 | Travel | ← Travel such as site visits, sales calls, customer meetings. | |||||
81 | Public Utilities | ← Water, gas, electricity, telephone | |||||
82 | Website Hosting/Maintenance | 24 | 15 | 9 | ← Monthly fee for having your website hosted and maintained by a 3rd party | ||
83 | Other 1 (specify) | ← Include lines items specific to your business. | |||||
84 | Other 2 (specify) | ← Add new lines above this line | |||||
85 | Total Average Monthly Costs | 87 | 80 | 7 | |||
86 | x Number of Months | 6 | ← Insert the estimated number of months until your company will have enough income to sustain itself. | ||||
87 | Total Monthly Costs | 522 | 480 | 42 | |||
88 | |||||||
89 | Total COSTS | 522 | 480 | 42 | |||
90 | |||||||
91 | SURPLUS/(DEFICIT) | 14,478 | 14,620 | (142) | |||
92 |