Business-Financial Requirements

Company

Financial Requirements

Refer to the Pro Forma Income Statements and Cash Flow projections.

The design of the Bright-Guard product has been completely financed to date from personal resources by Mr. George and Mr. Lal.

The total investment to date has exceeded $ 50,000 not including the Principals time.Additional financing in the amount of $310,000 is required to complete the product development, to set up production and establish a marketing program.

The following is a summary of the projected first year total costs.

Production Development Costs	45,000
Production (including inventory)	477,000
Sales and marketing expenses	106,000
Administration and overhead	72,000
Total financial requirements for first year	$700,000

The above costs include all operating expenses, manufacturing labour, materials and capital equipment for engineering and production. The difference between the total costs and the additional financing required will be covered by revenue generated from the sale of the product in the first year.

The Bright-Guard operations will be self-sustaining by the end of the first year.

Business Plan

Planning fundamentals

Business promotion ldea list

Researching your market

Marketing primer

Financing your business

Equity financing

Preparing a cash-flow forecast

Long-term debt

Short-term debt

Sales forecasting

Sample Plan

Sources of Finance