My proposal for the Mark Cuban stimulus plan

1. We Scan Everything
www.wescaneverything.com
bringing digital records to everyone
idea by Noah Harlan
noah@twopointonefilms.com
www.noahharlan.com

2. The Problem:
- Tremendous amounts of paper in our lives every day
- receipts
- bank statements
- medical records
- photographs
- Takes up physical space in our homes
- Easily destroyed by fire, flood, hurricane or simple accidents
- Fades over time
- Difficult to move & transfer
- heavy to carry
- faxing is outdated, increasingly rare and prone to errors
Idea By Noah Harlan noah@twopointonefilms.com
2

3. Who Is Affected:
- Retirees (AARP has over 40,000,000 members alone)
- Families (no time to learn, no time to spend hours catching up)
- Starting Our or Starting Over (people just out of school or divorce)
- You and Me
How much of this stuff do you have in your closets?
In storage somewhere?
In your garage?
At your parentsʼ house?
Idea By Noah Harlan noah@twopointonefilms.com
3

4. The Answer: Scan It!
But wait! Millions of people donʼt know how to
scan documents or donʼt own scanners!
Thatʼs where we come in...
Idea By Noah Harlan noah@twopointonefilms.com
4

5. The Concept:
Geek Squad meets College House Painting!
- Individuals located in communities around the country will come to homes and scan all
their documents for them quickly, safely & efficiently.
- Each Scan-Master is equipped with a simple laptop with CD Burner and a Fujitsu
SnapScan 510
- They arrive, discuss your needs, then scan like the wind! Scanning five years of credit
card statements would take, on average, 7 minutes.
- Scanning all legal records for an average family, going back five years would take < 2
hours.
- Files are offered to the customer organized in easy to understand folders on a CD ROM or
Flash Drive.
Idea By Noah Harlan noah@twopointonefilms.com
5

6. Key Assumptions
- Scanning Basic Records Package costs $250
- package includes 5 accounts (credit card, bank, insurance, etc...) for 5 years
- each additional account costs $25
- Scan-Masters can average 2 visits per day x 5 days per week
- Scan-Masters receive commission payment of 50%
- Additional Revenue Options
- Online Storage of records
- Monthly Mail-In or On Site Updates
- Special Fees for scanning photo albums & other odd items
Idea By Noah Harlan noah@twopointonefilms.com
6

7. Assumptions Pro Forma Is for 1month (4 weeks)
# Scan-Masters 2 10 25
Pro Forma
# Jobs Per S-M/week 10 10 10
Upsell $ Per Appointment $25 $25 $25
Conservative Moderate Aggressive
Income
Fees $ 20,000.00 $ 100,000.00 $ 250,000.00
Up-Sell Services $ 2,000.00 $ 10,000.00 $ 25,000.00
Total Income $ 22,000.00 $ 110,000.00 $ 275,000.00
Expenses
COGS
Scan-Master Commissions $ 11,000.00 $ 55,000.00 $ 137,500.00
Equipment Maintenance $ 200.00 $ 800.00 $ 2,000.00
Total COGS $ 11,200.00 $ 55,800.00 $ 139,500.00
Operating Expenses
Insurance
GL $ 250.00 $ 500.00 $ 1,000.00
Advertising
Internet $ 2,500.00 $ 5,000.00 $ 10,000.00
Publications $ 2,500.00 $ 5,000.00 $ 10,000.00
Communications
Phone $ 250.00 $ 250.00 $ 1,000.00
Internet $ 100.00 $ 100.00 $ 100.00
IT
Web hosting $ 500.00 $ 500.00 $ 500.00
Support $ 2,500.00 $ 2,500.00 $ 2,500.00
Office
Rent $ - $ - $ 2,500.00
Office Supplies $ 50.00 $ 100.00 $ 250.00
Postage $ 25.00 $ 25.00 $ 25.00
Utilities $ - $ - $ 200.00
Janitorial $ - $ - $ 250.00
Payroll
Salaries $ 10,000.00 $ 10,000.00 $ 15,000.00
Payroll Expenses $ 1,100.00 $ 1,100.00 $ 1,650.00
Professional Fees
Accounting $ 100.00 $ 100.00 $ 500.00
Recruiting $ 1,500.00 $ 2,500.00 $ 5,000.00
Referral Fees $ - $ - $ -
Travel & Entertainment $ 250.00 $ 250.00 $ 250.00
Miscellaneous $ 1,000.00 $ 1,000.00 $ 1,000.00
Total Operating Expenses $ 22,625.00 $ 28,925.00 $ 51,725.00
Total Expenses $ 33,825.00 $ 84,725.00 $ 191,225.00
Net Ordinary Income $ (11,825.00) $ 25,275.00 $ 83,775.00
Startup Expenses
Equipment Purchases $ 3,000.00 $ 11,000.00 $ 28,000.00
Tech Development $ 25,000.00 $ 25,000.00 $ 25,000.00
Legal $ 20,000.00 $ 20,000.00 $ 20,000.00
Total Startup Expenses $ (45,000.00) $ (45,000.00) $ (45,000.00)
Net Income $ (56,825.00) $ (19,725.00) $ 38,775.00
Idea By Noah Harlan noah@twopointonefilms.com
7

8. The Deal
- Cash Required: $150,000
- to cover capital & start up expenses and running costs for first 60 days
- Investor gets preferred return of 120% of equity invested from net revenue
- There-after investor share 50/50 in all net revenue from all sources (including selling
the company)
- Investor and Founder(s) dilute pari-passu
Idea By Noah Harlan noah@twopointonefilms.com
8