Print LockMadison Elmer. Ally Bushman. Anita Bui.

“No more keys, no more hassle”

Mission Statement● Our mission is to provide an innovative and

safe security system with a convenient, on-the-go approach at a reasonable price.

What is it?● Print Lock is the newest, and most trustworthy security

system out there● Uses our customer’s fingerprint to lock and unlock

house doors from anywhere ● System comes in keychain, dog tag, or wristband form● Also includes surveillance cameras in front of each door

linked to the system to allow customers to view the door, from a smartphone, that they are unlocking

Type Of BusinessPartnership● Advantages:

○ Sharing of losses○ Team aspect○ Sharing of workload

● Disadvantages:○ Sharing of profits○ Potential conflict between partners

Market● We are entering a technological monopoly

with a patent● Very difficult to enter the market without a

new, innovative product● Luckily, we have just that kind of product

Competition● Although we are entering a monopoly, there is

competition offering similar products● Xfinity Home Security offers an app on a smartphone

that allows one to arm and disarm their security system, turn lights on and off, monitor outside with cameras, change thermostat, and check smoke detectors

● Although this product offers cool and innovative technology, the price runs very high

Competition (continued)● Xfinity Home Security starts at $29.95 a month, but ONLY if you bundle

with their “Xfinity Triple Play”● The next best thing is $39.95 a month for 12 months that includes

○ 1 touch screen controller○ 3 door or window sensors○ 1 motion sensor○ 1 wireless keypad

● For $49.95 a month they include

○ everything the above deal includes plus…○ 2 indoor/outdoor cameras

○ 2 lighting controllers

○ 1 thermostat or 1 additional indoor/outdoor camera

Competition (continued)● We offer three packages that are simple and easy to

understand● Print Lock 1 for $19.99 a month for 12 months includes

○ 1 camera and 1 ‘system’● Print Lock 2 for $24.99 a month includes

○ 2 cameras and 2 ‘systems’● Print Lock 3 for $29.99 a month includes

○ 3 cameras and 3 ‘systems’

Financing5 Year Financial Plan: Print Lock 1

Year 1 Year 2 Year 3 Year 4 Year 5

Amount Sold 2,500 5,000 10,000 20,000 30,000

Revenue 599,700 1,199,400 2,398,800 4,797,600 7,196,400

Revenue- Production Cost

477,525 955,050 1,910,100 3,820,200 5,730,300

Financing Continued5 Year Financial Plan: Print Lock 2

Year 1 Year 2 Year 3 Year 4 Year 5

Amount Sold 2,500 5,000 10,000 20,000 30,000

Revenue 62,475 124,950 2,998,800 5,997,600 8,996,400

Revenue- Production Cost

-59700 -118900 2,510,100 5,020,200 7,530,300

Financing Continued5 Year Financial Plan: Print Lock 3

Year 1 Year 2 Year 3 Year 4 Year 5

Amount Sold 2,500 5,000 10,000 20,000 30,000

Revenue 899,700 1,799,400 3,498,800 7,197,600 10,796,400

Revenue- Production Cost

777,525 1,555,550 3,010,100 6,220,200 9,330,300

Financing Continued again● We are asking for $200,000 for exchange of 10% of our

business● To get started, we are each putting in $10,000 of our

own money and receiving $20,000 worth of “love money” from our families

● If you choose to be apart of Print Lock, we will have $250,000 total in startup money

Marketing● Social media plays a big role in today’s world● Our advertising venture will start on social media and quickly grow

to television and radio ads● Television ads will be aired during popular tv shows and sporting

events● Pitching to contractors

Operations● Our business will be set up in a office space and factory

combined in downtown Portland. ● We have our own website that allows customers to virtually view

each product, and the website goes into detail about what each plan offers.

● We plan to hire engineers and laborers who will build the products, shippers and transporters, installers who will actually put the product in homes, customer service representatives to help customers, and an accountant to help us keep tabs on our budget.

Operations continued

Operators: Salary

Engineers/ Laborers $16.00 hourly

Shippers/ Transporters $13.00 hourly

Installers $13.00 hourly

Customer Service reps. $14.50 hourly

Accountants $15.00 hourly

Operations continued● Open Monday- Friday, 9am-5pm● Website operating 24 hours, and 7 days a

week● Ally Bushman, our CFO, will manage the

inventory and finances, but will be assisted by our financial advisor.

Operations continuedPOSSIBLE Pitfalls:● Possible technological pitfalls will be closely monitored by our

engineers.● On the customer service side, if something goes wrong with our

products we will offer a free installation and 6 months free service.

● We aren’t taking out loans, instead we are using cash. Therefore, we do not have to worry about paying loans off and going bankrupt because of loans.

Thank you for listening