How Much Money Do You Need?
To help you estimate the amount of financing you will need to get your venture off the ground, use the following checklist. Keep in mind, however, that not every category applies to all businesses. Estimate monthly amount.
Salary of owner-manager (if applicable)
$__________ All other salaries and wages __________ Rent __________ Advertising __________ Delivery expenses __________ Supplies __________ Telephone __________ Utilities __________ Insurance __________ Taxes, including Social Security __________ Interest __________ Maintenance (facilities/equipment) __________ Legal and other professional fees __________ Dues/Subscriptions __________ Lease (equipment/furniture/etc.) __________ Inventory purchases __________ Miscellaneous __________ One-Time Start-Up Costs: Fixtures/equipment/furniture __________ Decorating and remodeling __________ Installation of fixtures/equipment/furniture __________ Starting inventory __________ Deposits with public utilities __________ Legal and other professional fees __________ Licenses and permits __________ Advertising and promotion for opening __________ Accounts receivable __________ Cash reserve/operating capital __________ Other __________ Total
__________
*Excerpted with permission from "Small Business Success" magazine, Volume 5, produced by Pacific Bell Directory in partnership with the U.S. Small Business Administration and the Partners for Small Business Excellence.
