2.1 Start-up Summary

Our start-up expenses come to $???,???, which is mostly stationery, legal costs, and expenses associated with opening our office. We will also need cash to finance the first year of operations. The start-up costs are to be financed by contributions by ten private sponsors.  The assumptions are shown in the following table and chart.

 

FULL BUDGET IN CHARTs

total startup expenses

total assets

 

startup funding

total funding required

total assets

total liabilities

total startup investment

total planned investments

total capital

total capital and liabilities

 

2.2 Legal Entity

mobbÆffect is a tax-exempt not-for-profit charitable organization that provides funding that empowers passionate people and projects... for a buck.