Portland Mobile Auto Inspectors
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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