Executive Summary – Elope DuJour
1.1 Mission
Elope DuJour is a full service company that designs custom elopement packages for locations all over the world. Our wedding consultants are extremely experienced in event planning as well as travel. At Elope DuJour the client is the number one priority with dedicated planning to make their day special and memorable. Whatever our client requests, we can deliver. Our background is anything from New Year’s Eve, Western, Tropical, and much more. We also have a wide array of connections for florists, makeup artists, hair stylists, bands, etc. Elope DuJour wants to make our clients happy and their dreams come true for that special day.
1.2 Objectives
Whether the client wants a romantic elopement for…show more content… Once the company has brought in significant income, they will re-evaluate to decide whether a corporation or limited liability company is more appropriate.
2.2 Start-up Summary
Because of the venture being a startup company, Tiffany and Michael Darst will handle operations until the company is stable. Start-up costs are estimated at $4,000 for all advertising, logo, mail, and other related expenses. We also estimate another $4,000 for working capital to be deposited into a bank account.
Start-up Requirements
Start-up Expenses
Logo Design $300
Letterhead, etc. $450
Brochures $450
Insurance $400
Research and development $300
Expensed equipment $1000
Other $1100
Total Start-up Expenses $4,000
Start-up Assets
Cash Required $4,000
Other Current Assets $0
Long-term Assets $0
Total Assets $4,000
Total Requirements $8,000
Start-up Funding
Start-up Expenses to Fund $4,000
Start-up Assets to Fund $4,000
Total Funding Required $8,000
Assets $0
Non-cash Assets from Start-up $0
Cash Requirements from Start-up $4,000
Additional Cash Raised $0
Cash Balance on Starting Date $4,000
Total Assets $4,000
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Capital
Planned Investment
Tiffany Darst $2,000
Michael Darst $2,000
Additional Investment Requirement $0