Budgeting and Finance - Walton County School District

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Transcript Budgeting and Finance - Walton County School District

Budgeting and Finance
By: Nick Johnson
Start Up Costs
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Bank Loan or Personal Capital for:
– Land
– Building/Lease
– Equipment
– Daily operation costs (utilities, etc)
– Licenses/Permits
– Marketing Funds
Source Funding
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Rent or mortgage
Utilities
Payroll and owner's
draw
Inventory
replenishment
Insurance
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Advertising and
marketing
Taxes
Debt repayment
Working capital
Click Here for example
Once this is completed, numbers needed to be multiplied by 6
in order to see how much running capital you need at all times.
Most entrepreneurs say you need to have at least a 6 month
supply of capital in order to run a successful business.
**You also need to add in land/building/equipment purchase
this number**