Auto Shop Financial Plan Template
We know you're an expert in automobiles, not convoluted financial equations, and we've built this template for you. This Auto Shop financial model allows you to create detailed financial projections for your business in no time. You don't need to be an accountant or financial expert. The model includes everything from cash flow projections to balance sheets, and all financial results are automatically generated. All of this can be done in less than an hour. Why not take a few minutes to go over the model right now? It's free to get started, so there's nothing to lose.
How The Auto Repair Shop Financial Model Works
We've built this template specifically for ease of use, so you can quickly modify the inputs to meet your own needs. The template comes pre-populated with a host of revenue streams, costs, and investments that should get you started on the right foot. You can duplicate any of the existing components to add new items to your budget, or you can include entirely new budget items by selecting from our list of pre-built business model components.
The template includes three different revenue streams. The first of which is revenue from selling tires, which we've forecasted by estimating the number of tires sold per month. The second revenue stream is Auto Repair Revenue, which is forecasted by estimating the number of billable hours per month. Lastly, there's Parts & Accessories revenue, which is forecasted by estimating the number of parts and accessories sold per month.
On the costs side of the equation, we've included some Costs of Goods Sold for tires and Parts / Accessories revenue. There are also some generic expenses we expect you'll need such as rent, wages, and variable costs.
All of the items included in this template should give you a good idea of how the template works, so you can create a custom budget that reflects your unique Auto Shop. If you ever need help troubleshooting your scenario, feel free to reach out to support and we'll be happy to assist.
Full Pro Forma Financials for Your Auto Shop
Once you've finished fine-tuning your assumptions, your work is done! All of the financial results are completely automated and fully dynamic. The financials section of your budget will contain everything you need to get a loan, to present to potential partners, or just to plan for financial prosperity.
The template automatically produces a summary dashboard showing critical financial KPIs, charts, graphs, and two valuation metrics that tell you how much your business plan is worth. You'll even get full Pro Forma Income Statements (P&L), Balance Sheets, and Cash Flow Statements. You can even download the full analysis to MS Excel! Get started today, it's free for 14 days!