Home Plumbing Contractor Free Plumbing and Heating Contractor Business Plan 2.4 Analysis of cost for Startup, Acquisition or Expansion
It is estimated that in order to get Central Plumbing and Heating off the ground, Felix and Michael will need a a total of $137,700. Of this both Felix and Michael will be contributing $40,000 each to bring the total contribution from shareholders to $80,000. The remaining it is estimated will be acquired in the form of a business loan.
The total of $137,700 in estimated start up costs have been bucketed into three large components as follows:
Felix and Michael understand that if the start up costs are higher than those being projected in this business plan, that they will have to either adjust the size of the term loan that they will be applying for, or else contribute larger sums of capital towards the business from their own savings.
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