Beginning Balance Sheets

Assets Transferred In To The Business
1	Office Equipment				$	1,000.00
2	Hours Invested to start up				$	3,200.00
	3. Total ATI						$	4,200.00
Assets Needed for Start-Up
1.  Land					$	-
2.  Building					$	-
3.  Equipment					$	2,500.00
4.  Furniture & Fixtures					$	250.00
5.  Renovations/Lease Improvements					$	1,000.00
6.  Initial Inventory					$	1,000.00
7.  Working Capital / Cash					$	1,000.00
8.  Intangible Assets*					$		1,000.00
9. Business Acquisition					$	-
	9.  Total Assets for Start-Up						$	6,750.00
10.  Total Project Cost = 3 + 9							$	10,950.00
11. Personal Funds you Plan to Invest					$	500.00
Other Sources of Equity^
12	Assets Transferred In = Line 3.				$	4,200.00
13					$
14					$
15.  Total Equity Investment = 11+12+13+14							$	4,700.00
16.  Outside Financing Needed = Line 10 - Line 15							$	6,250.00
* franchise fees, patent fees, trademark fees, etc.
^ equity must be "patient capital" meaning no repayment for 12 months or longer.
Washington Small Business Development Center  www.wsbdc.org
Supplied in cooperation with the North Dakota SBTDC