6.3. SR 06-17-2002 - Laserfiche WebLink

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specials will occur periodically. The second fee is a monthly dues based upon the length of membership chosen by the patron. Thirty-five dollars per month is the average monthly dues and are set-up on an automatic payment system. The first month an estimated enrollment of 100+ members is anticipated. Over the first 12 months of business the goal is to have a minimum of 600 members however the goal is to sign up 720 members in the first year. EXPENSE DETAIL/SELLING Salaries and wages are based on paying one full time employee and two part time employees. The full time person will receive $10.00 per hour and each part time employee will be paid $6.00 per hour. Advertising will be done primarily in the local newspaper throughout the year, as it gives the best direct response. Direct mail is a source of advertising that will be used initially and if a boost from the newspaper advertising is needed. ADMINISTRATIVE Drafting services include a banking software program that costs $120 to purchase and an ongoing fee for transfers and reports of $50 per month, which includes any bank fees. All members will have their Monthly Dues electronically drafted each month from their bank account. Payroll and Payroll taxes will vary from month to month depending on the hours worked each month. Office supplies, computer and software will be purchased as needed. Liability insurance will be purchased yearly from an industry specific provider along with a monthly hazard insurance program to cover all insurance needs. Other expenses will include postage, furnishings, special promotions contributions etc. and will vary from month to month. SERVICE AND EQUIPMENT Initial start-up business package is $19, 500 for the basic set up and includes all the equipment and initial raining. Average utility deposits are approximately $800.00. Telephone connection and service will a little high to accommodate e-mail access. Additional equipment costs have been added after approximately 6 months in order to increase the size of the work out area to accommodate the increase in the number of members anticipated. Monthly lease cost will be approximately $9,000 and will also include maintenance, taxes etc. Leasehold improvements are part of the lease agreement. There is an option for up to $20,000 in improvements to the property. This will be paid by the lease company. Signage will be purchased after 6 months and the estimated cost will be $3500.00.