Craig Murrell | Page 20

$1.5 million for operating expenses to cover the first 3 years of business.

This includes salaries and all operating expenses.

Salaries / Expenses

CEO (year 1-5)$45,000

Business Manager$40,000

Marketing/SEO Specialist$45,000

Graphical Designer$65,000

Junior Developer$55,000

Office Space/Utilities$45,000Travel, Marketing$50,000

Miscellaneous $35,000

Equipment $50,000

The Ask The Return

We expect to be profitable by the end of the 4th year of business.

This includes a first year with zero revenue as we develop the product and complete the proof of concept