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.
- Binoculars for hard to see areas.
- 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.
|Research and Development||$0|
|Total Start-up Expenses||$2,100|
|Other Current Assets||$0|
|Start-up Expenses to Fund||$2,100|
|Start-up Assets to Fund||$7,900|
|Total Funding Required||$10,000|
|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|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$10,000|
|Loss at Start-up (Start-up Expenses)||($2,100)|
|Total Capital and Liabilities||$10,400|
2.2 Company Ownership
Inspect A-bode is a sole proprietorship, founded and owned by Chek Domisile.