SOURCES AND USES OF FUNDS

The potential lender/investor generally appreciates a one to two page summary detailing what is needed to finance the start-up of your business and the potential sources where you will obtain the funds. Here is one such summary.

SOURCES

A. Personal Investment (owner equity) $

B. Bank Financing $

C. Private Investment $

D. Venture Capital $

E. Other $

TOTAL SOURCES $

USES1. Start-Up Costs:

a. Equipment (attach a list) $

b. Signage $

c. Development Costs $

d. Deposits $

e. Working Capital $

(1) Inventory $

(2) Operating Expenses(rent, utilities, payroll, insurance, etc.) not covered by initial cash flow (lowest negative cash balance from projection).

$

2. Other $

TOTAL USES $

Start-up costs are those expenses you need to pay before the first day your business opens.

Total sources should meet or exceed total uses. The NH SBDC is an outreach program of the UNH Whittemore School of Business and Economics, and a cooperative

venture of the U.S. Small Business Administration, the State of NH (DRED), the University System of NH, and the private sector.