Inspect A-bode

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Construction Inspection Business Plan

Company Summary

Inspect A-bode, soon to be located in Eugene, OR, will offer residential home inspections. Inspect A-bode will offer a comprehensive basic service that includes a wide range of inspections. Inspect A-bode also offers optional services that include electromagnetic field testing, radon testing, and asbestos testing.

Inspect A-bode will be developing strategic relationships with local realtors so that the majority of the homes inspected are from referrals from local real estate agents. The rest of the inspections will be from direct solicitation from home buyers and sellers.

The business will be based out of Chek Domisile's home. Inspect A-bode will reach profitability by month six and will generate modest profits by year three.

2.1 Start-up Summary

Inspect A-bode's start-up costs will include:

  • Laptop computer, printer, Internet connection, CD-RW.
  • Home inspection specific software.
  • Fax machine, copier, pager, cell phone.
  • Desk, chair and file cabinet.
  • Three sets of coveralls for protective clothing.
  • Flashlight.
  • Binoculars for hard to see areas.
  • Ladder.
  • Combined receptacle and GFI tester.
  • Tic tracer.
  • Moisture meter.
  • Gas detector.
  • Inspection mirror.
  • Screwdriver, pliers, awe probe, smoke detector tester.
  • Pressure and temperature water gauges.
  • Electromagnetic field tester.
  • Asbestos tester.

Please note that all items that are assets to be used for longer than one year will be depreciated using the straight-line method according to GAAP.

Start-up
Requirements
Start-up Expenses
Legal $500
Stationery etc. $100
Brochures $0
Consultants $1,500
Insurance $0
Rent $0
Research and Development $0
Expensed Equipment $0
Other $0
Total Start-up Expenses $2,100
Start-up Assets
Cash Required $3,600
Other Current Assets $0
Long-term Assets $4,300
Total Assets $7,900
Total Requirements $10,000
Start-up Funding
Start-up Expenses to Fund $2,100
Start-up Assets to Fund $7,900
Total Funding Required $10,000
Assets
Non-cash Assets from Start-up $4,300
Cash Requirements from Start-up $3,600
Additional Cash Raised $2,500
Cash Balance on Starting Date $6,100
Total Assets $10,400
Liabilities and Capital
Liabilities
Current Borrowing $2,500
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $2,500
Capital
Planned Investment
Chek $10,000
Investor 2 $0
Other $0
Additional Investment Requirement $0
Total Planned Investment $10,000
Loss at Start-up (Start-up Expenses) ($2,100)
Total Capital $7,900
Total Capital and Liabilities $10,400
Total Funding $12,500

2.2 Company Ownership

Inspect A-bode is a sole proprietorship, founded and owned by Chek Domisile.