The 5 Commodores plan to start a shuttle service called U T Transport to transport college students around Indiana. They will operate as a limited partnership and target college students with affordable fares and a fun atmosphere. Their strengths include low cost and safety, while weaknesses are reliance on gas prices and need to establish reputation. They project $77,000 in operating expenses and $85,000 in total funding needs for the first year.

1. The 5 Commodores Kelsey Ellefson James Sharp Albert Price Shon Davidson Mollye Peters U T TransportU

12. U T

14. Management Philosophy Incentives “ Driver of the Month” Bonus Pay and Job Security Happy, Excited Customer Who is Having Fun Quality Excitement and Commitment to Job Increases Revenue and Loyalty Board of Directors Workers/ Employees U T

15. Organizational Chart U T Albert VP MIS Mollye VP Finance James VP Sales Marketing Shon VP Operations Kelsey VP Human Resources

16. Field Operations Corporate Manager Mechanics Bus Drivers Cashiers Supervisors U T

19. Funding Sources U T

20. Start Up Funding Requirements $7,320 Total $1000 Other Capital Expenditures $2,000 Computers & Software Equipment $1,000 Miscellaneous (1% sales) $1,000 Insurance $1,320 Rent/Renovations $1,000 Advertising $1,000 Salaries--Manager Amount Name U T

21. Profits and Sales 2007-2008 Fiscal Year U T

22. Profits and Sales 2007-2008 Fiscal Year U T

24. Fixed and Variable Expenses for 2007-2008 Operational Year U T

25. Division of Total Expenses U T

26. Cash Flow Statement U T $44,693 $44,693 $44,566 $31,964 $26,806 $21,680 Ending Cash ($3,000) $0 $0 $0 $0 ($3,000) New Equipment $1,500 $0 $0 ($4,500) $0 $6,000 Bank Borrowings $22,193 $127 $12,603 $9,658 $5,126 ($5,320) Income/Loss $18,000 $0 $0 $0 $0 $18,000 Initial Equity from Limited Partners $6,000 $0 $0 $0 $0 $6,000 Initial Equity from Owner $0 $44,566 $31,964 $26,806 $21,680 $0 Beginning Cash Balance Total Quarter 4 Quarter 3 Quarter 2 Quarter 1 Start Up Description