4.4 Capital requirement calculation

4.4.2 Capital appropriation - overview

		Time	Appointment	Afa	Afa
Capital appropriation in euro	Total Sum	Before Foundation	After Foundation	Duration in months	Amount monthly
Performance readiness investments (1)	Euro	Appointment	Appointment	Months	Euro
Machines: Production machines, packaging machines, special machines	10.000 €	7.500 €	2.500 €	60	167 €
Vehicle fleet: Company car, truck, van, delivery van	Euro	Euro	Euro	Months	Euro
Business equipment: IT software & hardware, interior design, office, warehouse, traffic routes, reception, outdoor facilities,	Euro	Euro	Euro	Months	Euro
Company website Image brochure, initial advertising, company signs, logo development	Euro	Euro	Euro	Months	Euro
Patent, licence, franchise fees Concept development costs	Euro	Euro	Euro	Months	Euro
Other	Euro	Euro	Euro	Months	Euro
Sum from (1)	Euro	Euro	Euro	Months	Euro
Investments for the production of services (2)
Raw materials, consumables and supplies, intermediate products, finished products for further processing	Euro	Euro	Euro	No depreciation,	Euro
Warehouse initial equipment,	Euro	Euro		No afa	Euro
Other	Euro	Euro	Euro	Check	Euro
Sum from (2)	Euro	Euro	Euro	Months	Euro
Foundation costs (3)	Euro	Euro		Check afa	Euro
Consulting, concept development	Euro	Euro	Euro	dto.	Euro
Notary	Euro	Euro		No afa	Euro
Registrations/entries	Euro	Euro		No afa	Euro
Education and training costs	Euro	Euro	Euro	No afa	Euro
Deposits for rent	Euro	Euro		No afa	Euro
Preliminary costs to cover the Liquidity gap	Euro	Euro		No afa	Euro
Other	Euro	Euro	Euro	check	Euro
Sum from (3)	Euro	Euro	Euro	Months	Euro
Total capital requirement from (1-3)	Euro	Euro	Euro	Months	Euro

Table 25: Capital appropriation

The list of capital utilisation indicates a broad spectrum of possible uses. The founder must find out about this individually, in relation to the respective business plan, and make an economic decision.

For each investment, a decision must be made beforehand as to whether it is necessary, whether it will yield the hoped-for economic return, or whether another type of acquisition is possible. For example, the purchase of a motor vehicle that is used exclusively for company purposes is currently cheaper to procure through leasing than to finance with one's own capital. This can mean that the acquisition of a motor vehicle is necessary, but that it is not represented as an investment in the capital requirements calculation, but must be taken into account in the ongoing operating costs in the form of a leasing instalment. The consequence of this is a reduction in investments and thus a reduction in the necessary financing with equity capital or borrowed capital.

Comparable considerations should be made when it comes to necessary business equipment that could be financed by a manufacturer, trader, licensor or a third party. Equipment investments in a restaurant could, for example, be provided by a brewery for a rental fee.