Start-Up Financing
Assets Value (Dollars)
Cash............................................$100
Bank Accounts.................................$4,000
Stocks, Bonds and other Securities...........$0
Money Owed...................................$0
Life Insurance.................................$0
Income Tax Refund...........................$100
Vehicles........................................$10,000
Real Estate....................................$0
Pension Plan...................................$0
Personal Assets................................$3,500
Total Assets...................................$17,700
Liabilities
Banks Loans..................................$0
Mortgages....................................$0
Credit Card Debts............................$0
Income tax Owing...........................$0
Life Insurance Loans.........................$0
Other.........................................$0
Total Liabilities $0
Net Worth - $17,700
The required capital to start my venture will be $5000 because I have $4000 in the bank which will be enough for me to start up and run strong, I will only have $5000 to pay in loans but this will be done after the 3 months my business has been open.
Assets Value (Dollars)
Cash............................................$100
Bank Accounts.................................$4,000
Stocks, Bonds and other Securities...........$0
Money Owed...................................$0
Life Insurance.................................$0
Income Tax Refund...........................$100
Vehicles........................................$10,000
Real Estate....................................$0
Pension Plan...................................$0
Personal Assets................................$3,500
Total Assets...................................$17,700
Liabilities
Banks Loans..................................$0
Mortgages....................................$0
Credit Card Debts............................$0
Income tax Owing...........................$0
Life Insurance Loans.........................$0
Other.........................................$0
Total Liabilities $0
Net Worth - $17,700
The required capital to start my venture will be $5000 because I have $4000 in the bank which will be enough for me to start up and run strong, I will only have $5000 to pay in loans but this will be done after the 3 months my business has been open.