+

+ Saskatoon’s Growing Demographic

+ The Opportunity By 2031, 1 in 5 will be senior Care Structure Independent living Traditional family arrangements Family stressors

+ Friends of the Family Transportation, Accompaniment, and Companionship Services for Independent Elderly Living

+ Mission : Like an old family friend, we’re there for your loved one when you can't be. “… to remove the family stress in managing the affairs of an elderly loved one by empowering them through mobilization, social interaction, and a healthy independent lifestyle.”

+ Our Approach Entrusting your loved one with Friends of the Family Entity based on trust Personalized matching system Creating a network for individuals Friendly, reliable and committed staff

+ “We are not Home Care” Fully Independent Home Care

+ Our Services Empowering Mature Adults Transportation Doctor’s Appointments Prescription Fills Grocery Trips Social Outings Companionship Reading Scrapbooking Cooking Hobbies Personal Care Arrange Appointments Monitor Fridge contents Outfit Selection Letter Writing Accompaniment Escort to Religious Activities Escort to theatre Escort to Appointments Escort to meetings/events

+ Interactive Communication Personalized login accounts for each family member Photo-sharing Daily Journal Entries Interactive Calendar Comment Progress Charts Personalized Accounts

+ The Distant Professional

+ The Local Busy-Bee

+ Financial Structure Major ShareholdersInvestmen t Percentag e Stake Dianna Stampe$3,33333% Micah Chipperfield$3,33333% Jackie Cook$3,33333% TOTAL$10,000100%

+ Capital Investment Schedule 5: Capital Budget2011 Operating Cash Flow2,000 Website Development 3,000 Computers 2,000 Furniture and Fixtures 3,000 Total 10,000

+ Projected Revenues Based on 5 FRIENDS working 30 hrs/week 49 weeks/year X 1 = YEAR 1: 5 FRIENDS x 30 Revenue hours x $28 x 49 X 2 = YEAR 2: 6 FRIENDS x 30 Revenue hours x $28 x 49 … Average of 133 Revenue Hours per Week

+ Annual Operating Expenses Description2011 Accounting & Legal 3,000 Marketing 2,000 Telephone and Internet 720 Vehicles Lease Cost 5,400 Vehicle Gas Cost 2,314 Property Taxes 600 Utilities 106 Wages50% 77,518 Management Salaries 40,000 Employee Benefits15.14% 17,792 Repair and Maintenance 1,000 Other Variable Costs2% 3,101 Capital Cost Allowance 340 Debt Interest - Total operating Expenses 153,891 Wages50% 77,518 Management Salaries 40,000 Employee Benefits15.14% 17,792

+ Critical Risk Factors and Overall Business Risk Level Little Risk, Little Reward 1.Revenue Hours (clients) Must be > Clients? 2. Price Must be >$26.60 Competitors? 3. Wages Must be < 56% Employees?

+ Retained Earnings Account Beg RE ,142 6,765 13,144 Net Income 968 8,743 13,898 21,566 30,369 Dividends - (6,569) (10,275) (15,187) (22,869) End RE 968 3,142 6,765 13,144 20,644

+ Payback Gross $95,587 Net $87,587

+ Potential Partnerships Public Funding? Sponsorship? Non-Profit?

+ Conclusion Great idea! Tight margins Little room for error External Financial Structure Results Unless external, I would not invest

+ Thank you Questions? Friends