Copriso is a privately owned and operated small business with well established relationships in the Denver Metro area. It was incorporated last year, but was conceived and begun several years ago as ePrint, Inc. Copriso was founded by Adam Suson who had 14 years experience in printing, managing and operating a Sir Speedy franchise.
Copriso offers a unique way to accomplish printing for businesses. Many companies that refer to themselves as brokers really match client and printers for a fee and their responsibility ends there. Printers try to meet the needs of their clients, but have a focus on profitability. Our company structure fills a niche while providing a classic environment of the “win/win” scenario.
We save our customers money and time in three ways:
- We operate for our customers as an internal resource or employee of their company without the need for ongoing salaries.
- We find the most efficient and effective way for our customers to accomplish each and every printing task.
- We do this at a rate that’s very competitive, saving the customer an average of 10% to 25% off of direct printer pricing.
On the other hand, we provide a valuable service for our printer partners by bringing them large volumes of ongoing business. Our printer partners offer us a substantial discount off of the regular costs due to this positioning, allowing our projected margin.
2.1 Start-up Summary
Our start-up costs and expenses assumptions are shown in the following tables and illustration. The start-up costs are to be financed by direct owner investment. An additional loan is being sought to ensure business operations, marketing and stability during the first three years.
|Start-up Expenses to Fund||$43,000|
|Start-up Assets to Fund||$50,000|
|Total Funding Required||$93,000|
|Non-cash Assets from Start-up||$0|
|Cash Requirements from Start-up||$50,000|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$50,000|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$43,000|
|Loss at Start-up (Start-up Expenses)||($43,000)|
|Total Capital and Liabilities||$50,000|
|Research and Development||$500|
|Total Start-up Expenses||$43,000|
|Other Current Assets||$0|
2.2 Company Ownership
Copriso is a privately-held Colorado S-corporation. Adam Suson, Copriso’s founder, is the President and Operations Manager. Adam will be handling the internal operations, job management, and accounting functions. Paul Levy is the Vice President and Sales Manager. Paul will be handling the marketing, sales, computer based functionality, data management and storage functions.