Startup Expenses

Construction Imports of North America

Sources of Capital
Owners' Investment
Adit Josan 14.28% $ 10,000
Aytom Salomon 10,000
Daniel Baltierra 10,000
Elias Saba 10,000
Arjun Cardoza 10,000
Jon McAdam 10,000
Diana Meija 10,000
Total Investment $ 70,000

Other Loans
Line of Credit $ 50,000
Source 2 -
Total Other Loans $ 50,000

Startup Expenses

Leasehold Improvements
Racks $ 3,000
Total Leasehold Improvements $ 3,000

Capital Equipment List

Furniture $ 600
Office Equipment 2,000
Fixtures -
Machinery 8,000
Other 300
Total Capital Equipment $ 10,900

Location and Admin Expenses

Rental $ 1,950
Utility deposits 100
Legal and accounting fees 800
Prepaid insurance 300
Errors and Omissions insurance 100
Other -
Total Location and Admin Expenses $ 3,250

Opening Inventory
Rebar #3 (11 tons) $ 4,840 Sold @ $7,920
Rebar #4 (5 tons) 2,200 Sold @ $3,600
Rebar #5 (6 tons) 2,760 Sold @ $4,560
Category 4 -
Category 5 -
Total Inventory $ 9,800

Advertising and Promotional Expenses

Advertising $ 200
Signage -
Printing -
Travel/entertainment -
Other/additional categories -
Total Advertising/Promotional Expenses $ 400

Summary Statement

Sources of Capital
Owners' and other investments $ 70,000
Bank loans -
Other loans 50,000
Total Source of Funds $ 120,000

Startup Expenses
Buildings/real estate $ -
Leasehold improvements 3,000
Capital equipment 10,900
Location/administration expenses 3,250
Opening inventory 9,800
Advertising/promotional expenses 400
Other expenses -
Contingency fund -
Working capital -
Total Startup Expenses $ 27,350

Owners
Daniel Baltierra Diana Mejia
Elias Saba Arjun Cardoza
Adit Josan Aytom Salomon
Jon McAdam