List all sources and uses of funds at start-up. This Element is very much tied to the Start-up Expenses Element, in that your use of funds is a summary of the Start-up Expenses.
View the Example: Use and Source of Funds
Action
To complete this Element, you will need to have completed the Start-up Expense calculations, then:
- Working from the Start-up Expenses table, calculate and enter the dollar amounts in the appropriate cells in the following table for uses (what the money will pay for) and for sources (where the money will come from).
- This Element will help you clarify whether you need financing and how much you need.
- The table communicates to the reader how much you are investing and how much you are requesting from other sources.
- The totals at the bottom of the sources column must equal the total at the bottom of the uses column.
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