Essay: Startup Plan for Cold Stone Creamery Franchise

Sample Essay

The startup plan is the most important part of a financial plan as it presents the amount of investment required for the proposed business and explains the specific details of the initial investment required in starting operations of business. The startup plan outlines the sources of funds required for the initial investment and the uses of these funds in various aspects of the business such as assets, setup costs, franchise fees and license fees.

The startup plan for opening a Cold Stone Creamery franchise has been prepared according to the company requirements and on a higher average as the proposed franchise would be operating on a large scale. The initial amount of investment required for the franchise includes significant amount of funds in various areas such as equipment, leasehold improvements, initial franchise fees and working capital among other expenditures. The initial startup cost of the company has been highlighted in Table 1 with description of all the individual items associated with this cost.

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