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SEE: BECOMING A WISEBIRD AGENT WiseBird Financial LLC Funding Required for first-year (start-up) operation. FOUNDING TEAMMATES (Financial sponsors) Total start-up capital required: $360,000 (12 units @ $30,000) Minimum investment, 2 units - $60,000. Founding Teammates' Exit/Payback per Unit: Payback per $30k unit purchased: End of Year #1 - $30,000. End of Year #2 - $90,000. End of Year #3 - $200,000. START-UP OPERATING EXPENSES: Attorney Fee - Legal organization, contracts, ($20,000) Set up life-insurance brokerage business: $20,000 ANNUAL OPERATING EXPENSES: KEY TEAMMATES: xxxxxx xxxxxx - President & CEO ($90,000) xxxxxx xxxxxx - CPA - Vice-President & CFO ($80,000) xxxxxx xxxxxx - Vice-President, HR & Payroll ($70,000) CONTRACTED TEAMMATES: Computer Technician - Communications, meetings, etc. ($6,000) Web Design Specialist - Websites ($12,000) RECAP OF FIRST YEAR OPERATING EXPENSES: Attorney Fee: $20,000 Set up brokerage business: $20,000 KEY TEAMMATES - $240,000 CONTRACTED TEAMMATES - $36,000 Management Software - $1,500/mo., $18,000 Computers, phones, supplies - $10,000 Insurances $10,000 Total First Year Operating Expenses: $354,000 Income from operations will become significant based on previous experience, within 3 months. |