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 Matt Robinson General Operations  John Phelan Financials  Taylor Young Marketing.

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Presentation on theme: " Matt Robinson General Operations  John Phelan Financials  Taylor Young Marketing."— Presentation transcript:

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3  Matt Robinson General Operations  John Phelan Financials  Taylor Young Marketing

4  Taylor Young, co-founder, returned from Chicago with an idea. Start a business that would apply Rust-Oleum Epoxy Shield to garage floors

5 Epoxy Benefits Seal Covers you garage floor with a long lasting seal Durability Resist hot tire pick up and abrasions Cracks Repairs cracks Stains Protects floor from Gasoline, Anti-Freeze, Brake Fluid, and Salt

6 Day 1 Day 2Day 3Day 4  Paint cement with Rust- Oeleum Epoxy Shield  Estimated Time: 2.5 hours  Paint over first layer of Epoxy Shield with Rust- Oleum clear coat  Estimated Time: 1 hour  Move customer’s belongings back into garage  Estimated Time: 1.5 hours  Move customer’s belongings out of garage  Degrease cement to rid of dirt and stains  Etch using a Rust-Oleum Acid etch  Estimated Time: 2.5 hours

7 SizeCost 450 sq ft$1.25 sq ft 451- 750 sq ft$1.35 sq ft 750+ sq ft$1.45 sq ft

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10 1. Where to put customers’ garage items? 2. Where will we keep the money? 3. How will the money be split up? 4. How will we keep from getting sued?

11  The biggest concern: Where do we put the garage items? Pod? Self Storage? In house, contract  What do we do with the money? Bank account? Split is up as we get it?

12  We drew up contracts with the customers Protect us from theft And damage later on

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14  Sample transaction log

15  Comerica Bank Established under company name Debit card Minimum balance

16 Epoxy Shield $84.00 x 1 = $84.00 Paint Materials Paint Trays: $1.99 x 1 = $1.99 Brushes: $4.99 x 3 = $14.97 Buckets: $4.99 x 2 = $9.98 Etch $11.39 x 1 = $11.39 Degreaser $8.95 x 1 = $8.95 Premium Seal $66.00 x 1 = $66.00 Etch Epoxy Shield Paint Materials Degreaser Premium Seal Total Materials Cost: $197.28

17  Sample time log Job 1Job 2Job 3 Matt10.5 hrs6.5 hrs8 hrs Taylor10.5 hrs2 hrs4.5 hrs John8.5 hrs6.5 hrs8 hrs Total29.5 hrs15 hrs20.5 hrs

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19  Contacted design engineer to better our process and product  Have a client waiting list

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