Auto Inspectors Business Plan

Portland Mobile Auto Inspectors

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Company Summary

Portland Mobile Auto Inspectors is a mobile used car inspection service.  Portland Mobile Auto Inspectors will inspect a used car to determine the actual condition of the car, not the stated condition.  This information will be invaluable for the used car purchaser.  This service will give the purchaser piece of mind when purchasing a used car, whether from a private seller or a dealer.  Portland Mobile Auto Inspectors can travel to wherever the car is within Metropolitan Portland.

2.1 Company Ownership

Portland Mobile Auto Inspectors will be a sole proprietorship founded and owned by Dan Jalopee.

2.2 Start-up Summary

Portland Mobile Auto Inspectors will incur the following start-up costs:

  • A laptop computer system with portable printer, car adaptor, Microsoft Office and QuickBooks Pro.
  • Company van.
  • Portable hydraulic lift and wheel ramps.
  • Brake disc vernier caliper.
  • Coolant system temperature gauge.
  • Diagnostic engine analyzer.
Start-up Funding
Start-up Expenses to Fund $1,500
Start-up Assets to Fund $30,500
Total Funding Required $32,000
Assets
Non-cash Assets from Start-up $19,000
Cash Requirements from Start-up $11,500
Additional Cash Raised $0
Cash Balance on Starting Date $11,500
Total Assets $30,500
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Capital
Planned Investment
Dan $32,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $32,000
Loss at Start-up (Start-up Expenses) ($1,500)
Total Capital $30,500
Total Capital and Liabilities $30,500
Total Funding $32,000
Start-up
Requirements
Start-up Expenses
Legal $500
Website development $1,000
Research and Development $0
Expensed Equipment $0
Other $0
Total Start-up Expenses $1,500
Start-up Assets
Cash Required $11,500
Other Current Assets $0
Long-term Assets $19,000
Total Assets $30,500
Total Requirements $32,000
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Start-up Funding
Start-up Expenses to Fund $1,500
Start-up Assets to Fund $30,500
Total Funding Required $32,000
Assets
Non-cash Assets from Start-up $19,000
Cash Requirements from Start-up $11,500
Additional Cash Raised $0
Cash Balance on Starting Date $11,500
Total Assets $30,500
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Capital
Planned Investment
Dan $32,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $32,000
Loss at Start-up (Start-up Expenses) ($1,500)
Total Capital $30,500
Total Capital and Liabilities $30,500
Total Funding $32,000
Start-up
Requirements
Start-up Expenses
Legal $500
Website development $1,000
Research and Development $0
Expensed Equipment $0
Other $0
Total Start-up Expenses $1,500
Start-up Assets
Cash Required $11,500
Other Current Assets $0
Long-term Assets $19,000
Total Assets $30,500
Total Requirements $32,000