Up-front Costs

Traditional

ABBY

Space Build-out in Excess of Landlord Allowance

$28,500

$0

Furniture

Reception Station

3,800

0

Conference Room Setup

11,400

0

Individual Office Furnishing (4 Workstations Optional)

11,400

800

Security Requirements (Refundable)

28,500

2,816

Staff Recruiting Costs

4,275

0

Office Equipment

Phones

2,850

0

Fax Machine

950

0

Other Office Equipment

950

0

Setup Fees (Telephone, etc.)

180

665

Total Up-front Capital Required

$92,815

$4,281.00

Ongoing Annual Expenses

Traditional

ABBY

Rent Expenses (Executive Suite office without furniture)

$34,912

$33,792

Telephone Lines

2,736

2,736

Telephone Usage

2,850

2,400

IT1 Internet Access with router

18,240

5,520

Office Staff, Including Benefits

32,110

3,192

Temp Agency Expense (Vacation/Sick Days)

2,394

0

Other Services (Delivery, Office Supplies, Catering, etc.)

2,280

2,280

Repairs & Maintenance

1,995

0

Coffee & Beverage Service

1,140

0

Additional Equipment Rental

Postage Machine & Meter Rental

798

0

Copier (Based on 1,000 Copies per Month)

4,560

1,800

Total Ongoing Expenses

$104,015

$51,720