The Two Wheeled Oracle
Company Summary
The Oracle is a bicycle courier service that serves the downtown law firms of Portland, Oregon. The company offers a document delivery service for law firms; documents can be delivered to other law firms, to clients, or filed with the court. The company can offer a scheduled pick up as well as a spontaneous run. Within nine months the business will be profitable.
2.1 Company Ownership
The company will be an Oregon Corporation, owned entirely by Alwy Laate.
2.2 Start-up Summary
Two Wheeled Oracle will incur the following start-up costs:
- Office furniture including: two desks, two chairs, and two file cabinets.
- Two computer systems including a printer, CD-RW, and a broadband Internet connection.
- Three phone lines.
- Fax machine and copier.
- Development of a website that allows delivery orders to be placed online and received every five minutes.
- Legal fees for the incorporation of the business.
- Brochures.
- Nextel cellular phones to be used for communication between mobile units and the base. Nextel is used because it offers a two-way communication function, similar to a two-way radio, over cellular frequencies, but at a significantly reduced rate compared to standard cellular service. Nine handsets will be needed initially.
- Messenger bags with company logo.

Start-up Funding | |
Start-up Expenses to Fund | $1,300 |
Start-up Assets to Fund | $108,700 |
Total Funding Required | $110,000 |
Assets | |
Non-cash Assets from Start-up | $7,500 |
Cash Requirements from Start-up | $101,200 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $101,200 |
Total Assets | $108,700 |
Liabilities and Capital | |
Liabilities | |
Current Borrowing | $0 |
Long-term Liabilities | $50,000 |
Accounts Payable (Outstanding Bills) | $0 |
Other Current Liabilities (interest-free) | $0 |
Total Liabilities | $50,000 |
Capital | |
Planned Investment | |
Alwy | $60,000 |
Investor 2 | $0 |
Other | $0 |
Additional Investment Requirement | $0 |
Total Planned Investment | $60,000 |
Loss at Start-up (Start-up Expenses) | ($1,300) |
Total Capital | $58,700 |
Total Capital and Liabilities | $108,700 |
Total Funding | $110,000 |
Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $1,000 |
Stationery etc. | $150 |
Brochures | $150 |
Consultants | $0 |
Insurance | $0 |
Rent | $0 |
Research and development | $0 |
Expensed equipment | $0 |
Other | $0 |
Total Start-up Expenses | $1,300 |
Start-up Assets | |
Cash Required | $101,200 |
Other Current Assets | $0 |
Long-term Assets | $7,500 |
Total Assets | $108,700 |
Total Requirements | $110,000 |