Expedition Exchange is a proposed online currency exchange business. It aims to provide convenient currency exchange services to travelers through an online storefront and delivery by courier. The business will offer competitive exchange rates and buy-back services. Key competitors are large companies like Travelex but they have high overhead costs. The marketing plan targets travelers using websites, affiliations, and search engine optimization. Operations will be run from an apartment with 2 employees and online fulfillment. Risks include over-reliance on partners and foreign exchange volatility. Initial funding of $120,000 is requested with projections of profitability in year 3 and break-even at $568,111 in sales.

1. Expedition Exchange, LLC Casey Overby

13. Operations - Fulfillment

14. Supply Chain

18. Financials $120,000 Total Sources $20,000 Investment from VC $20,000 Line of credit $20,000 Term loan $60,000 Angel Investors

19. Five Year Projections $80,770 $59,045 $37,320 ($6,905) ($28,630) Profit (Loss) Pretax 54,230 53,455 52,680 51,905 51,130 Operating expenses $135,000 $112,500 $90,000 $45,000 $22,500 Net operating income 1,365,000 1,137,500 910,000 455,000 227,500 Cost of goods sold $1,500,000 $1,250,000 $1,000,000 $500,000 $250,000 Net sales 2012 2011 2010 2009 2008 Income Statement

20. Break-Even ($568,111)