Funding Cost
Franchise startup costs Start up funding Input cells Expenses Accounts payable 12,000 Initial Franchise Fee 8,500 Debt 67,000 Property Acqusition fees 5,000 Total liabilities 79,000 Insurance 1,500 Legal and Accounting 4,000 Investor capital 20,000 Training 1,500 Owner capital 61,000 Marketing 1,500 Total capital 81,000 Other 4,000 Total funding 160,000 0 Total expenses 26,000 Assets Leashold Improvements 50,000 Outside signs 5,000 Opening balance sheet Opening Equipment 58,000 Security system 3,000 Fixed assets 116,000 Cash 15,000 Total fixed assets 116,000 Accounts receivable 0 Cash 15,000 Inventory 3,000 Accounts receivable Current assets 18,000 Inventory 3,000 Accounts payable 12,000 Total assets 134,000 Other liabilities Current liabilities 12,000 Total costs 160,000 Debt 67,000 Net assets 55,000 Capital 81,000 Retained earnings -26,000 Equity 55,000