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
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
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