A Small Business Tool Kit that will allowed 30% of the new grads to start their own business, operating it for 3 years and be OK even if the BZ makes no money whatsoever!

1. Legal Support and other logistic support
a. Legal Fee Attorney, Account. Licenses, Advertising for startup $18,750.00
b. Business Plan Analysis and Advise $1,500.00
c. Legal support for 3 years $72,000.00
d. Accounting and Tax preparation $45,000.00
2. Office/Location lease for 3 years (7000 year) $162,000.00
3. Payroll for 20 Employees for 3 years (average of 3% salary increase of 70K annual average salary) $3,013,627.50
4. Benefits for 20 Employees, includes $904,088.25
a. 401K
b. Health and Dental
c. Education Assistance
d. Personal Training
e. Child care
5. Office Furniture and Supplies for 3 year $210,000.00
6. Technology (computer, printers, plotters, any other electronics) for 3 years $100,000.00
7. Telecom Expenses for 3 years $90,000.00
8. Company cars for 30% of employees (3 year lease, 5000 down) $132,000.00
Subtotal $4,748,965.75
9.Other operating expenses (10 % totals) $474,896.58

TOTAL $5,223,862.33


Number of grads 1,523,000.00
Number of grads funded (30%) 456,900.00
Total Expenditure for 30% of Grad 2007-2008 $2,386,782,696,292.50

The National Center for Education Statistics has a publication titled "Projections of Education Statistics to 2015" in which they project that there will be 1,523,000 graduates from the class of 2007-08



Companies Funded 456,900.00
Average Number of Employees 6,853,500.00
Average Monthly Income Net 445,477,500,000.00

Budget $3,000,000,000,000.00
Left Over (still some money left!!!) $613,217,303,707.50