Do you think Tony Dungy or Bill Belichick would ever start a football game without a sound game plan? Do you think General Schwarzkoph would have led the invasion of Kuwait without an operations plan? The answer is no.
Strategic Analysis with current research! The Automotive Repair Shop, Inc. The Company was founded in by John Doe. The Company has the ability to service almost any domestic or foreign automobile. The Company will generate revenues from both the sale of mechanic labor and from after-market replacement automobile parts.
Doe brings the business to profitability, he intends to further expand the after-market auto parts revenue center and increase the sports tuning services, which command higher premiums that standard automotive repair.
The third section of the business plan will further describe the services offered by the Automotive Repair Shop. The interest rate and loan agreement are to be further discussed during negotiation. Doe has more than 10 years of experience in the automotive repair industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.
This includes greater development of after-market tuning and performance enhancing services which generate a larger margin that standard automotive repair. Doe will also increase the marketing and advertising budget of the business to increase the general repair revenues of the business.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Automotive Repair Shop.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. The Company will have the ability to service most domestic and foreign automobiles. Doe will maintain an extensive shop which can fix any automotive issue. Currently, the economic market condition in the United States is in recession.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.
Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period. However, automotive repair shops operate with great economic stability as vehicles are necessity and very few people have the ability to fix their own vehicles beyond very minor repairs.
As such, the Automotive Repair Shop will be able to maintain profitability despite the current economic climate.Free Automotive Repair Shop Business Plan For Raising Capital from Investors, Banks, or Grant Companies!
Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. Applying IFRS - Enhancing communication effectiveness. This publication explores the guidelines and requirements for alternative performance measures in communicating financial information both within and outside financial statements, drawing on current practice.
Gmail is email that's intuitive, efficient, and useful. 15 GB of storage, less spam, and mobile access. Plan and present your business ideas with our free and easy Business Plan Template. Wow your stakeholders, lenders and investors now. F and R Auto Repair auto repair shop business plan strategy and implementation summary.
F and R Auto Repair is a start-up automobile repair and service business. automotive repair firms within the Seattle area while maintaining a low cost plan. Once a reputation for quality and service experience is created, and an ongoing network of /5(44).
And a business plan on the back of a napkin is better than no business plan at all.
Below are ten fundamentals of a business plan and a brief description of each: 1. Vision – The Executive Summary. Every team needs a vision of what the future will be like when you reach your goals and are operating successfully. Automotive Wage Compliance.