286 Chapter 12
cash price or, if purchased on an installment plan, the amount of each monthly or periodic payment.
Record them in the costs table below.
Down payment $_______
Amount of each payment $_______The furniture, fixtures, and equipment required may include such things as desks, moveable parti-
tions, storage shelves, file cabinets, tables, safe, special lighting, and signs.
TYPICAL STARTUP COSTS ITEMS TO BE PAID ONLY ONCE:
Furniture, fixtures, and equipment:
Interior decorating $_______
Installation of fixtures and equipment $_______
Starting inventory $_______
Deposits with public utilities $_______
Legal and other professional fees $_______
Licenses and permits $_______
Advertising and opening promotion $_______
Advance on lease $_______
Other miscellaneous cash requirements $_______TOTAL ESTIMATED CASH NEEDED TO START = $
Estimated monthly expenses:
$_______Salary of owner-manager
$_______Other salaries and wages
$_______Payroll taxes and expense
$_______Rent or lease
$_______Advertising
$_______Office supplies
$_______Telephone
$_______Other utilities
$_______Insurance
$_______Property taxes
$_______Interest expense
$_______Repairs and maintenance
$_______Legal and accounting
$_______MiscellaneousTOTAL ESTIMATED MONTHLY EXPENSES =
$______ Multiply by 4 (4 months) or 6 (six months)
$______ Add: total cash needed to start from aboveTOTAL ESTIMATED CASH NEEDED
$______