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TeleBrain Tyler Harman Audrey Kelly Kristine Kramer Dustin Lee S Company S Name S TeleBrain S Motto S “Buy one, we know you want to” Business S Four way partnership S Pros S More efficient S Less responsibility S Low Taxes S Cons S Unlimited Liability S Business dies if one partner leaves Product S Mind Reading Device S Explanation of Device S How Device works Mission Statement S We strive to make a product that will effectively allow individuals to hear what other individuals are thinking; or “read” their minds. Our product will be safe to use, and affordable for all who would like to purchase one. Competition S There is no competition S No other product on the market S Device is patented S One of a kind Selling Points S No more petty misunderstandings between people S You will know exactly how a teacher will grade an assignment, so there will be no way to fail it S Sleek and stylish design Government Regulations S Since there is nothing like this in the market the government has not made regulations. S Still an invasion of privacy, so some problems may occur. Money S Funds S Compiled all savings S Loans S Banks S Parents Marketing S Customer S Anyone who’s interested; focused on teenagers/young adults S Market research S Focus groups and surveys S Focus on aesthetics and additional functions Distributions S Distribution S 1-800 number and website S Mailed to the home Conclusion S Conclusion S Mind-reader S Partnership; own funds and loans for start-up S No physical store; buy online or over phone S No competition