Car Company is dedicated to providing an unparalleled used car shopping experience. To offer reasonable financing solutions and competitively priced vehicles to those that feel such things are out of reach.
1) Mato-Auto is a startup that will open an automobile showroom and parts store in Shollinganallur, India catering to the 3-wheeler market.
2) The owner, Mishaal Hamza, will invest Rs. 25,80,000 and take a loan of Rs. 50,00,000 to fund the business.
3) Mato-Auto aims to become the leading 3-wheeler dealer in the region by providing a wide selection of brands and excellent customer service.
This document provides a business plan for opening auto repair shops in the Los Angeles area. It outlines the mission, vision, and objectives. It also includes a market analysis of the auto repair industry, potential locations around LA based on demographic factors, and an assessment of competition in Glendale, Alhambra, and El Monte/South El Monte. Financial projections are presented to estimate potential profits. Legal considerations for purchasing existing repair shops are also discussed.
Tesla Motors is an American electric vehicle and clean energy company that designs, manufactures, and sells electric cars and solar panels. It was founded in 2003 by Martin Eberhard and Marc Tarpenning, and is currently led by CEO Elon Musk. Tesla's goals are to develop electric vehicles beginning with premium sports cars and to move into more mainstream vehicles, while also providing electric powertrain components to other automakers. Tesla's first vehicle was the Tesla Roadster sports car, followed by the Model S luxury sedan and the upcoming Models X SUV and 3 sedan.
Rishabh Daga wants to open an auto repair garage called Come 2 Us (C2U) Auto Repairs in Cardiff, Wales with his friends. C2U will offer superior services like tune-ups, oil changes, and new technologies to gain customers' trust and change perceptions of auto repair shops. The business report outlines C2U's marketing strategies, products/services, target markets, and competitive advantages over other local repair shops and dealerships in Cardiff. C2U aims to provide personalized, hassle-free service and educate customers to increase their vehicles' lifespans.
The document proposes a car dealership promotion program where dealerships donate a portion of each car sale to the Darrell Gwynn Foundation's wheelchair donation program. The promotion would utilize slogans like "You Buy a Ride, They Get a Ride" in advertising. It outlines how the promotion works, proposed advertising and public relations campaigns, and cites benefits like tax deductions, community engagement, and increased sales.
The document proposes opening an auto repair workshop that operates at night in Peshawar, Pakistan. It will be a partnership between four individuals. The workshop aims to provide unique overnight auto repair services, hire experienced mechanics and engineering students, and earn profits while helping people. It will target middle and high-income customers and use marketing strategies like reasonable prices, guarantees, and advertisements. The organizational plan discusses hiring staff, expanding to other cities, and creating a formal work environment. Financial projections estimate the business will be profitable within a year.
1) Mato-Auto is a startup that will open an automobile showroom and parts store in Shollinganallur, India catering to the 3-wheeler market.
2) The owner, Mishaal Hamza, will invest Rs. 25,80,000 and take a loan of Rs. 50,00,000 to fund the business.
3) Mato-Auto aims to become the leading 3-wheeler dealer in the region by providing a wide selection of brands and excellent customer service.
This document provides a business plan for opening auto repair shops in the Los Angeles area. It outlines the mission, vision, and objectives. It also includes a market analysis of the auto repair industry, potential locations around LA based on demographic factors, and an assessment of competition in Glendale, Alhambra, and El Monte/South El Monte. Financial projections are presented to estimate potential profits. Legal considerations for purchasing existing repair shops are also discussed.
Tesla Motors is an American electric vehicle and clean energy company that designs, manufactures, and sells electric cars and solar panels. It was founded in 2003 by Martin Eberhard and Marc Tarpenning, and is currently led by CEO Elon Musk. Tesla's goals are to develop electric vehicles beginning with premium sports cars and to move into more mainstream vehicles, while also providing electric powertrain components to other automakers. Tesla's first vehicle was the Tesla Roadster sports car, followed by the Model S luxury sedan and the upcoming Models X SUV and 3 sedan.
Rishabh Daga wants to open an auto repair garage called Come 2 Us (C2U) Auto Repairs in Cardiff, Wales with his friends. C2U will offer superior services like tune-ups, oil changes, and new technologies to gain customers' trust and change perceptions of auto repair shops. The business report outlines C2U's marketing strategies, products/services, target markets, and competitive advantages over other local repair shops and dealerships in Cardiff. C2U aims to provide personalized, hassle-free service and educate customers to increase their vehicles' lifespans.
The document proposes a car dealership promotion program where dealerships donate a portion of each car sale to the Darrell Gwynn Foundation's wheelchair donation program. The promotion would utilize slogans like "You Buy a Ride, They Get a Ride" in advertising. It outlines how the promotion works, proposed advertising and public relations campaigns, and cites benefits like tax deductions, community engagement, and increased sales.
The document proposes opening an auto repair workshop that operates at night in Peshawar, Pakistan. It will be a partnership between four individuals. The workshop aims to provide unique overnight auto repair services, hire experienced mechanics and engineering students, and earn profits while helping people. It will target middle and high-income customers and use marketing strategies like reasonable prices, guarantees, and advertisements. The organizational plan discusses hiring staff, expanding to other cities, and creating a formal work environment. Financial projections estimate the business will be profitable within a year.
Toyota marketing campaign ( marketing course training )Mohie Ismail
the document shows the detailed plan for marketing campaign for corolla in Egyptian market (developed as a practical training for the Marketing course in MBA )
the competitive advantage was the fuel consumption
the document contains the steps for developing the marketing plan with details and also contains sample for the selected IMC Tools
segmentation
Targeting
positioning
marketing mix
4 ps
place product price promotion
budgeting
market share
this was an implementation for marketing course
Auto Care is a proposed car wash and service center in Wattala, Sri Lanka. It will be solely owned and operated by Danushka Abeyratne. The business plan outlines Auto Care's vision, services, target markets, strategies and financial projections. Auto Care will focus on car washing, detailing and lubrication services. It aims to attract customers like new car owners, luxury car owners, and local dealerships by providing high quality service at competitive prices. The plan projects sales growth and profitability over the first five years of operations.
Designing a better experience for UAE's Car wash vendors & Car wash goers through The British design council's "Double diamond" process by integrating digital tools to improve by adding value to the existing experience - in this slide share I will showcase how I approach a UX problem through an IDEO lead process & Hyper island lead design thinking methodologies.
This presentation provides an overview of starting a used car business. It notes that used car dealers can make substantial profits through arranging financing for used car purchases, adding optional products, and profits from trade-ins. The presentation recommends several options for a used car business model, including a luxury used car dealership, online dealership, or physical store. It lists legal documents needed like licenses, permits, insurance. Finally, it observes that the used car market is larger than the new car market and growing companies have opportunities in this field.
The document provides an overview of the electric vehicle industry structure including its history, products, markets, suppliers, and manufacturing processes. Some key points:
- The electric vehicle industry is relatively young but growing rapidly with over 200,000 EVs now on the road. Competition is increasing as traditional automakers enter the market.
- Products include all-electric vehicles and plug-in hybrids. They are more efficient than gas vehicles but usually have a higher upfront cost due to batteries.
- Markets are developing but will likely segment based on price - affordable EVs under $40k and luxury longer-range models above. Demand is highest in developed areas.
- Suppliers include battery makers
This marketing plan summarizes Ather Energy's plan to market their new electric scooter, the Ather S340, in India. Some key points:
1) Ather Energy is an Indian startup that has developed the Ather S340, an electric scooter with a range of 100km, top speed of 75km/hr, and fast charging capability.
2) Their target market is younger urban commuters looking for an eco-friendly alternative to petrol scooters, and they will market primarily through digital channels and Flipkart to target this demographic.
3) The marketing plan outlines campaigns to generate interest like press conferences and test drive events, as well as referral programs and advertising leading up
The document provides an overview of the Indian automobile industry from pre-1983 to present. It discusses the key stages of growth from a closed market with few domestic players to liberalization in the 1990s that led to entry of global automakers. It also outlines the major companies in India today and future prospects like planned investments and capacity expansions. Career opportunities in the automobile sector for MBA graduates are available in cities like Chennai, Mumbai and Pune across functions like marketing, operations, finance etc.
The document describes research conducted to develop a new service concept for car dealerships. It was found that car dealers have very low customer trust and people want to personalize their vehicles. Various concepts were generated and evaluated, with the highest scoring concept being a relationship-building service that facilitates personalization and a sense of ownership through trial periods and celebrating milestones with the vehicle. A prototype of this concept was developed as a car dealership that acts as a matchmaker to help customers find the right vehicle for their personality.
Danushka Abeyratne plans to open Auto Care, a car wash and service center business. The business will offer car washing, detailing, and lubrication services. It will target various car owner segments including new car owners, luxury car owners, and dealerships. The business will be located in Wattala, which has over 40% of households earning over $500,000 annually and many car dealerships nearby. Auto Care aims to provide high quality services at affordable prices to gain customers and market share. The startup will require $1,092,000 in funding and is projected to break even within 6 months and become profitable within the first year of operations.
Skyler Motors Pvt Ltd plans to introduce an affordable electric car called Skyler that costs Rs. 100,000. The car will be fuel efficient at 26 km/liter and meet emission standards. It will be smaller in size with cost-cutting features like manual windows and no airbags to achieve its low price point. Skyler aims to target middle-income families and provide an alternative to scooters. It will be manufactured in Pakistan and have 3 variants priced from Rs. 150,000 to Rs. 210,000. Skyler expects to become profitable in its first 3 years of operation through strong marketing and securing financing options for customers.
Cities like London and Amsterdam are investing in electric vehicles, with over 1,000 charging points installed. Milan is considering following this trend through the e-moving project, which plans to install 31 charging points. The research analyzes Milan residents' attitudes toward the Renault Twizy electric vehicle and its potential profitability. A survey was conducted of 205 Milan residents, finding high concern for environmental issues like air pollution. Electric vehicles were seen as one solution, and the Twizy's small size makes it suitable for Milan's context.
The document discusses the growing market for electric vehicles. It predicts that by 2015, over 1 million plug-in hybrid electric vehicles and electric vehicles will be sold annually worldwide. Automakers are planning to produce hundreds of thousands of electric vehicles per year. The comeback of electric vehicles has a greater chance of success and will transform both the automotive industry and electric power industry.
The document provides an overview of the used car market in India including key findings:
- The used car market in India is expected to grow three folds by 2021 with the total market size reaching approximately 11 million units.
- Factors driving growth include more first-time buyers preferring used cars for value and reliability, while average car ownership periods are decreasing.
- The organized used car segment, including sales through OEM dealerships and online platforms, is anticipated to see particularly strong growth and account for a larger share of the total market.
- Regions such as North and West India as well as major cities like Delhi, Mumbai, and Bengaluru are forecasted to experience higher used car sales volumes
This document summarizes a market research report comparing the marketing strategies of Honda and BMW. It covers their product offerings, pricing approaches, distribution channels, and promotional activities. Honda offers a wider range of motorcycle models at more affordable price points to target various customer segments globally. BMW focuses on luxury automobiles and charges higher prices targeted at wealthier customers, primarily in developed markets in Europe and North America. Honda's diversified portfolio and pricing allows it to reach more markets compared to BMW.
Electric and Automated Trucks IAA Commercial VehiclesWilfried. Aulbur
Dr. Wilfried Aulbur from Roland Berger presented on the topics of electric trucks and automated trucks. Some key points included:
- Electric trucks are expected to reach a 2-8% market penetration in Europe and North America by 2025, with higher adoption in bus and urban delivery vehicles. Total cost of ownership for electric trucks is approaching parity for certain use cases.
- Automated trucks have the potential to significantly impact the trucking industry but widespread adoption is not expected until the mid-2020s as the technology and regulations are still being developed. Transfer hubs could allow automated trucks to operate between cities while conventional trucks handle local deliveries.
- The presentation analyzed various use cases and regions for the application
This document discusses plans for an automatic car wash business in Chennai, India. It includes sections on the company vision, market trends analysis, target customers, and financial projections. The business aims to become the market leader through a customer-centric approach and using latest technology. Growth in car sales in Chennai indicates potential. Target customers are urban professionals seeking quality and convenience. Financial projections estimate 73,000 INR in monthly expenses and a profit split of 35% after paying costs and interest.
The document discusses Hyundai's entry and marketing strategies in the Indian automobile market. It summarizes Hyundai's position as the second largest player in India's passenger car market with a 20% market share. It then discusses the launch and marketing of Hyundai Santro, highlighting strategies like educating customers, creating hype and explaining the virtues of Santro. Finally, it briefly discusses Hyundai Elantra and Verna models, including their positioning, advantages, and shortcomings.
Commercial Vehicle industry in India has contributed significantly in the growth of national economy. Check out this presentation to know more about this industry and its future endeavours in India.
Soichiro Honda founded Honda Motor Company in 1948 in Japan. He had a passion for automobiles since childhood and opened an auto repair shop in 1928. In 1947, he sold the repair shop and used the funds to establish Honda Motor Company, which initially manufactured motorcycles. By 1973, Honda produced its first car. Today, Honda Motor Company operates 73 manufacturing plants in 28 countries and employs over 200,000 people worldwide. It generated $119.8 billion in revenue in 2013.
The document discusses an investment opportunity to purchase a portfolio of over 1,000 delinquent auto loans secured by late model vehicles across various states. The total original loan balance was $24 million with an unpaid balance of $18 million. The proposal offers high returns within 6-12 months by recovering the vehicles, repairing and reselling them, with an experienced management team to oversee the process. Minimum investment is $50,000 and investments are secured by vehicle titles.
George W. Miller Jr. is a senior executive with over 30 years of experience in the automotive finance industry. He has held leadership roles managing regional operations, marketing, product development, and risk management. Miller has an extensive background directing field operations and developing strategies to enhance productivity and efficiency. He possesses strong communication and relationship building skills. Miller's contact information and references are provided.
Toyota marketing campaign ( marketing course training )Mohie Ismail
the document shows the detailed plan for marketing campaign for corolla in Egyptian market (developed as a practical training for the Marketing course in MBA )
the competitive advantage was the fuel consumption
the document contains the steps for developing the marketing plan with details and also contains sample for the selected IMC Tools
segmentation
Targeting
positioning
marketing mix
4 ps
place product price promotion
budgeting
market share
this was an implementation for marketing course
Auto Care is a proposed car wash and service center in Wattala, Sri Lanka. It will be solely owned and operated by Danushka Abeyratne. The business plan outlines Auto Care's vision, services, target markets, strategies and financial projections. Auto Care will focus on car washing, detailing and lubrication services. It aims to attract customers like new car owners, luxury car owners, and local dealerships by providing high quality service at competitive prices. The plan projects sales growth and profitability over the first five years of operations.
Designing a better experience for UAE's Car wash vendors & Car wash goers through The British design council's "Double diamond" process by integrating digital tools to improve by adding value to the existing experience - in this slide share I will showcase how I approach a UX problem through an IDEO lead process & Hyper island lead design thinking methodologies.
This presentation provides an overview of starting a used car business. It notes that used car dealers can make substantial profits through arranging financing for used car purchases, adding optional products, and profits from trade-ins. The presentation recommends several options for a used car business model, including a luxury used car dealership, online dealership, or physical store. It lists legal documents needed like licenses, permits, insurance. Finally, it observes that the used car market is larger than the new car market and growing companies have opportunities in this field.
The document provides an overview of the electric vehicle industry structure including its history, products, markets, suppliers, and manufacturing processes. Some key points:
- The electric vehicle industry is relatively young but growing rapidly with over 200,000 EVs now on the road. Competition is increasing as traditional automakers enter the market.
- Products include all-electric vehicles and plug-in hybrids. They are more efficient than gas vehicles but usually have a higher upfront cost due to batteries.
- Markets are developing but will likely segment based on price - affordable EVs under $40k and luxury longer-range models above. Demand is highest in developed areas.
- Suppliers include battery makers
This marketing plan summarizes Ather Energy's plan to market their new electric scooter, the Ather S340, in India. Some key points:
1) Ather Energy is an Indian startup that has developed the Ather S340, an electric scooter with a range of 100km, top speed of 75km/hr, and fast charging capability.
2) Their target market is younger urban commuters looking for an eco-friendly alternative to petrol scooters, and they will market primarily through digital channels and Flipkart to target this demographic.
3) The marketing plan outlines campaigns to generate interest like press conferences and test drive events, as well as referral programs and advertising leading up
The document provides an overview of the Indian automobile industry from pre-1983 to present. It discusses the key stages of growth from a closed market with few domestic players to liberalization in the 1990s that led to entry of global automakers. It also outlines the major companies in India today and future prospects like planned investments and capacity expansions. Career opportunities in the automobile sector for MBA graduates are available in cities like Chennai, Mumbai and Pune across functions like marketing, operations, finance etc.
The document describes research conducted to develop a new service concept for car dealerships. It was found that car dealers have very low customer trust and people want to personalize their vehicles. Various concepts were generated and evaluated, with the highest scoring concept being a relationship-building service that facilitates personalization and a sense of ownership through trial periods and celebrating milestones with the vehicle. A prototype of this concept was developed as a car dealership that acts as a matchmaker to help customers find the right vehicle for their personality.
Danushka Abeyratne plans to open Auto Care, a car wash and service center business. The business will offer car washing, detailing, and lubrication services. It will target various car owner segments including new car owners, luxury car owners, and dealerships. The business will be located in Wattala, which has over 40% of households earning over $500,000 annually and many car dealerships nearby. Auto Care aims to provide high quality services at affordable prices to gain customers and market share. The startup will require $1,092,000 in funding and is projected to break even within 6 months and become profitable within the first year of operations.
Skyler Motors Pvt Ltd plans to introduce an affordable electric car called Skyler that costs Rs. 100,000. The car will be fuel efficient at 26 km/liter and meet emission standards. It will be smaller in size with cost-cutting features like manual windows and no airbags to achieve its low price point. Skyler aims to target middle-income families and provide an alternative to scooters. It will be manufactured in Pakistan and have 3 variants priced from Rs. 150,000 to Rs. 210,000. Skyler expects to become profitable in its first 3 years of operation through strong marketing and securing financing options for customers.
Cities like London and Amsterdam are investing in electric vehicles, with over 1,000 charging points installed. Milan is considering following this trend through the e-moving project, which plans to install 31 charging points. The research analyzes Milan residents' attitudes toward the Renault Twizy electric vehicle and its potential profitability. A survey was conducted of 205 Milan residents, finding high concern for environmental issues like air pollution. Electric vehicles were seen as one solution, and the Twizy's small size makes it suitable for Milan's context.
The document discusses the growing market for electric vehicles. It predicts that by 2015, over 1 million plug-in hybrid electric vehicles and electric vehicles will be sold annually worldwide. Automakers are planning to produce hundreds of thousands of electric vehicles per year. The comeback of electric vehicles has a greater chance of success and will transform both the automotive industry and electric power industry.
The document provides an overview of the used car market in India including key findings:
- The used car market in India is expected to grow three folds by 2021 with the total market size reaching approximately 11 million units.
- Factors driving growth include more first-time buyers preferring used cars for value and reliability, while average car ownership periods are decreasing.
- The organized used car segment, including sales through OEM dealerships and online platforms, is anticipated to see particularly strong growth and account for a larger share of the total market.
- Regions such as North and West India as well as major cities like Delhi, Mumbai, and Bengaluru are forecasted to experience higher used car sales volumes
This document summarizes a market research report comparing the marketing strategies of Honda and BMW. It covers their product offerings, pricing approaches, distribution channels, and promotional activities. Honda offers a wider range of motorcycle models at more affordable price points to target various customer segments globally. BMW focuses on luxury automobiles and charges higher prices targeted at wealthier customers, primarily in developed markets in Europe and North America. Honda's diversified portfolio and pricing allows it to reach more markets compared to BMW.
Electric and Automated Trucks IAA Commercial VehiclesWilfried. Aulbur
Dr. Wilfried Aulbur from Roland Berger presented on the topics of electric trucks and automated trucks. Some key points included:
- Electric trucks are expected to reach a 2-8% market penetration in Europe and North America by 2025, with higher adoption in bus and urban delivery vehicles. Total cost of ownership for electric trucks is approaching parity for certain use cases.
- Automated trucks have the potential to significantly impact the trucking industry but widespread adoption is not expected until the mid-2020s as the technology and regulations are still being developed. Transfer hubs could allow automated trucks to operate between cities while conventional trucks handle local deliveries.
- The presentation analyzed various use cases and regions for the application
This document discusses plans for an automatic car wash business in Chennai, India. It includes sections on the company vision, market trends analysis, target customers, and financial projections. The business aims to become the market leader through a customer-centric approach and using latest technology. Growth in car sales in Chennai indicates potential. Target customers are urban professionals seeking quality and convenience. Financial projections estimate 73,000 INR in monthly expenses and a profit split of 35% after paying costs and interest.
The document discusses Hyundai's entry and marketing strategies in the Indian automobile market. It summarizes Hyundai's position as the second largest player in India's passenger car market with a 20% market share. It then discusses the launch and marketing of Hyundai Santro, highlighting strategies like educating customers, creating hype and explaining the virtues of Santro. Finally, it briefly discusses Hyundai Elantra and Verna models, including their positioning, advantages, and shortcomings.
Commercial Vehicle industry in India has contributed significantly in the growth of national economy. Check out this presentation to know more about this industry and its future endeavours in India.
Soichiro Honda founded Honda Motor Company in 1948 in Japan. He had a passion for automobiles since childhood and opened an auto repair shop in 1928. In 1947, he sold the repair shop and used the funds to establish Honda Motor Company, which initially manufactured motorcycles. By 1973, Honda produced its first car. Today, Honda Motor Company operates 73 manufacturing plants in 28 countries and employs over 200,000 people worldwide. It generated $119.8 billion in revenue in 2013.
The document discusses an investment opportunity to purchase a portfolio of over 1,000 delinquent auto loans secured by late model vehicles across various states. The total original loan balance was $24 million with an unpaid balance of $18 million. The proposal offers high returns within 6-12 months by recovering the vehicles, repairing and reselling them, with an experienced management team to oversee the process. Minimum investment is $50,000 and investments are secured by vehicle titles.
George W. Miller Jr. is a senior executive with over 30 years of experience in the automotive finance industry. He has held leadership roles managing regional operations, marketing, product development, and risk management. Miller has an extensive background directing field operations and developing strategies to enhance productivity and efficiency. He possesses strong communication and relationship building skills. Miller's contact information and references are provided.
Are you interested in reducing your Re-conditioning cost, speeding up deliveries and increasing your Monthly Inventory Turns? View tho short presentation to find out how the Car CareDNA program can help your dealership.
Running head THOMPKINS AUTO GROUP 1 THOMPKINS AUTO GR.docxjenkinsmandie
Running head: THOMPKINS AUTO GROUP 1
THOMPKINS AUTO GROUP:
CAPITAL IMPROVEMENT AND EQUIPMENT FINANCING DECISION
Introduction
It is 2020 and the auto dealership, Thompkins Auto Group, was thriving in a stable and
growing economy. Sales were averaging a strong $50 million annually, and cost management
was very effective. As a result, the dealership was producing above average profits of 3% on
sales. However, Jerry, the far-sighted managing stockholder, knew that to keep the sales
momentum in a competitive environment, it was time to make significant improvements to
physical facilities and key equipment. His education, training, and extensive experience in the
industry all contributed to his conclusion—the financial success of Thompkins was not
sustainable without the needed improvements.
Jerry and his two co-owners had purchased the dealership from the previous owners only
five years ago. The business, located in North Central Texas, included sales of new and used
vehicles as well as the parts and service. The geographical area from which Thompkins drew its
customers was primarily rural, with several small towns located nearby. Ft. Worth is the largest
city in the region with a population of about 800,000, and the dealership, only 60 miles away,
was able to attract many customers from that city.
The economy in this North Texas area was heavily dependent on the oil industry which
was the primary source of employment. Other major sources of employment were farming,
ranching, light industry, retailing, and the service sector (private and governmental). The oil
industry was currently experiencing a low price shock. Jerry, however, knew well the vagaries
of the oil industry and had worked to make Thompkins at least somewhat resilient to the frequent
ups and downs in that industry.
Management Philosophy
THOMPKINS AUTO GROUP 2
Over the years, the financial success of Thompkins had been driven by the overriding
business philosophy of its three stockholders—to attain a consistently high level of customer
satisfaction. They felt it would lead to repeat business and, through word-of-mouth, would
contribute to growth in their customer base. Several other dealerships were active in the area; so
in addition to its development of strong repeat and referral business, Thompkins used targeted,
creative advertising to further differentiate itself from its competitors.
The partners believed that happy customers would tend to be repeat customers and would
tend to speak favorably about the company. The owners also believed that their success in
maintaining high levels of customer satisfaction was due to achieving two strategic goals. The
first was to provide excellent service. To that end, Thompkins provided first-rate, job-specific
employee training on a regular basis. In addition, the dealership provided its employees with the
most up-to-date equipment and techno.
Dealer Wizard provides data analytics and marketing solutions to automotive dealerships to help them maximize profits through equity mining, sales opportunities identification, and customer retention programs. It analyzes dealership data to identify current customers who are in a position to trade vehicles based on factors like loan/lease status. Dealerships can then target these customers through direct mail campaigns and appointments with salespeople. Dealer Wizard also provides performance metrics and reports to help dealerships assess departments, employees, inventory levels and trends.
Apple Capital Group provides low-cost, streamlined equipment financing for small and medium sized businesses, focusing on high potential sectors like transportation, construction, and cannabis. It offers aggressive financing fees and works for the buyer, not the vendor. The company was founded in 2014 and has originated over $20 million in leases. It aims to generate $500,000 in revenue by end of 2017 through loan origination fees and portfolio income.
Cool Cab's will be a new automobile dealership starting in Birmingham, UK. It will offer a showroom and retail parts store for all major 4-wheeler/car brands under one roof. The owners aim to provide excellent customer service and satisfaction. Cool Cab's will be fully owned and will open with an initial investment of £25,000 from the owner and a £50,000 loan. It projects annual sales growth over the first three years.
The document provides information about a master franchise opportunity with Precision Tune Auto Care to develop locations in Colombia. It summarizes automotive industry and market statistics in Colombia that indicate significant potential for growth in automotive maintenance and repair. Specifically, it estimates that the top 20 cities in Colombia represent a market potential of over $1.2 billion and space for 26 or more Precision Tune locations.
Control ExampleBusiness Name The Café Around the CornerSMAR.docxdonnajames55
Control Example
Business Name: The Café Around the Corner
SMART Goal: Increase customer satisfaction by 10% within a six month time frame.
Criterion being Measured: customer satisfaction
Time Frame For Goal Completion: six months
Explain the system that you will create to track the success of this goal?
Every month, employee surveys will go out to the customers on our mailing list. There will also be surveys attached to each receipt to reach people that haven’t signed up for email. The surveys will ask a variety of questions meant to measure the customer experience and their opinion of Café Around the Corner. All surveys will be electronic and collected in an online database that management can access. The surveys will be sorted by the employee that took care of the customer.
Why is being reliable and completing this goal on time important to the business’ success?
Accomplishing these goals will increase the reputation and financial success of the business. It’s also important to reach these goals in a timely matter as other aspects of the business are relying on me to follow through with expectations. It’s important to be professional and reliable when faced with objectives to complete.
What adjustments will you make if you fall behind completing this goal?
I will continually track the survey scores as they come in. If the business starts to fall behind, I plan on bringing in outside consultants to work with my employees. The consultants will run twice a month trainings that will focus on improving customer satisfaction. Every employee is required to attend at least one a month.
I will also begin rewarding employees that have the highest survey scores at the end of the month. This will improve motivation and create a customer service focus in the business culture. Publically sharing the monthly winners will also create recognition among the employees. These two methods will cover intrinsic and extrinsic motivation.
Pg.587
3. Universal Auto is a large multinational corporation headquartered in the United States. For segment reporting purposes, the company is engaged in two businesses: production of motor vehicles and information processing services.
The motor vehicle business is by far the larger of Universal’s two segments. It consists mainly of domestic U.S. passenger car production, but it also includes small truck manufacturing operations in the United States and passenger car production in other countries. This segment of Universal has had weak operating results for the past several years, including a large loss in 2013. Although the company does not reveal the operating results of its domestic passenger car segments, that part of Universal’s business is generally believed to be primarily responsible for the weak performance of its motor vehicle segment.
Idata, the information processing services segment of Universal, was started by Universal about 15 years ago. This business has shown strong, steady growth tha.
AutoChina is a leading specialty finance provider in China focused on the commercial vehicle industry. It provides vertically integrated financing services including new vehicle financing, used vehicle sale-leasebacks, administrative services, value-added services, GPS monitoring, insurance, and a nationwide store support network. AutoChina has experienced strong growth since its founding in 2008 and has leased over 37,000 trucks through an affordable lease-to-own model and strict risk management practices such as thorough customer screening and GPS tracking of all vehicles.
This document brings together a set of latest data points and publicly available information relevant for Financial services. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
The document is an investor presentation for AutoChina outlining its business model and operations. It summarizes that AutoChina is the largest provider of specialty vehicle financing in China, offering sales, leasing, and support services through an extensive nationwide network. It highlights AutoChina's vertically integrated model that provides customers affordable vehicle ownership and value-added services. Financial results show continued growth, with quarterly revenues of $104.8 million and net income of $8.4 million.
This document provides a summary of a research analysis project presentation on Atlas Honda Limited Pakistan (AHL) conducted by Hammad Ahmed Qureshi. The presentation covers: an overview of AHL's business and financial performance from 2011-2009; the global and local motorcycle industries; AHL as a market leader; data sources; ratio, cash flow, and cross-sectional analyses of AHL; the company's future; and conclusions and recommendations. Key points include AHL having a 35% market share in Pakistan as the largest motorcycle manufacturer, ratio analyses assessing profitability, liquidity, management efficiency, and gearing, and a comparison of AHL's financial performance to competitor Dhoom Yamaha Limited Motorcycles. Eth
This document provides a presentation on Atlas Honda Limited Pakistan (AHL) analyzing its business and financial performance from 2011-2009. The objectives are to overview AHL's performance, the global and local motorcycle industry, analyze AHL's ratios and cash flows, discuss ethical matters and cross-sectional analysis, and provide a business analysis and future outlook. Key points analyzed include AHL's market leadership, products, financial ratios, cash flows, SWOT analysis, and recommendations to address weaknesses like expanding its product base and reducing costs.
Southeast Racing Parts is a small racing parts retailer located in North Carolina. They aim to be the premier destination for entry-level and novice racing parts through their brick-and-mortar store and mail order catalog. They will offer a wide range of engine, chassis, safety, and setup equipment to tap into the growing $1.5 billion motorsports market. SRP plans to differentiate themselves through unprecedented customer service and involvement in the local racing community. Their targeted customer segment is entry-level racers looking for affordable, high-quality parts and advice.
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E 2 Business Plan for Car Company
1.
2. Car Company LLC
BUSINESS PLAN 1
“Car Company is dedicated to providing an unparalleled used car shopping experience. To offer
reasonable financing solutions and competitively priced vehicles to those that feel such things
are out of reach. To hold an impeccable reputation for integrity and honest business dealings in
its local community. To become the destination for all used car purchases.”
OUR MISSION
3. Car Company LLC
BUSINESS PLAN 2
Contents
OUR MISSION..................................................................................................................................... 1
TABLE OF CONTENT........................................................................................................................ 2
EXECUTIVE SUMMARY .................................................................................................................. 3
USE OF FUNDS................................................................................................................................... 4
COMPANY OVERVIEW .................................................................................................................... 5
COMPANY OWNERSHIP AND LOCATION............................................................................... 5
INDUSTRY ANALYSIS: USED CARS DEALERSHIPS IN THE US.............................................. 6
USED VS NEW CAR PURCHASING BEHAVIOR ...................................................................... 7
INTERNET TRENDS ...................................................................................................................... 7
MARKET SEGMENTATION ......................................................................................................... 8
LOCAL MARKET ANALYSIS........................................................................................................... 8
COMPETITORS............................................................................................................................... 9
OUR ADVANTAGE...................................................................................................................... 10
MANAGEMENT SUMMARY.......................................................................................................... 10
MARKETING PLAN......................................................................................................................... 11
PROJECTIONS .................................................................................................................................. 12
PROJECTED INCOME STATEMENT............................................................................................. 13
BREAK-EVEN ANALYSIS .............................................................................................................. 14
PERSONNEL PLAN.......................................................................................................................... 15
PROJECTED CASH FLOW .............................................................................................................. 16
PROJECTED BALANCE SHEET..................................................................................................... 17
APPENDIX: YEAR ONE FINANCIALS.......................................................................................... 18
TABLE OF CONTENT
4. Car Company LLC
BUSINESS PLAN 3
In 2014, one in three adults with subprime credit believe
they will qualify for an auto loan. Of those that try, the vast
majority of consumers will simply overpay as they believe
they are desperate. At Car Company, neither bankruptcy
nor bad credit will prevent customers from purchasing a
quality vehicle at a fair price. All that is required is a
monthly gross income of $1,800 and a valid driver’s
license. In fact, since its inception in 2013 Credit Car
Select has helped over 90% of its applicants secure
reasonable loans to purchase competitively priced cars. It
is precisely this ethical treatment of an otherwise
vulnerable market segment in the Springfield community
that has earned Car Company its outstanding reputation. The company will continue to use these same tried and
tested values to expand in its local market.
The market conditions in Virginia for used cars are projected to be extremely favorably.IBISWorldreports industry
revenue is expected to increase at an annualized rate of 2.5% in the five years to 2015, lifted by an estimated
1.7% increase in 2015. At the same time, IBISWorld forecasts a 2.5% increase in disposable income over the
same five-year period. Customers with poor credit are expected to represent 41.8% of revenue in 2015. Virginia
is expected to compose 3.5% of all used car sales in the US. After incorporating all the variables mentioned thus
far, the total addressable market for the Company is over $1.4B.
While more traditional dealership models may shy from or exploit deep subprime and subprime credit customers,
Car Company embraces them. The Company recognizes a gap in its local market and has modeled its business
to offer credit to even the riskiest credit consumer. To achieve this end, theCompany has partnered with AFC
lending. The results have been outstanding as Credit Car Selects customer’s default rate has been consistent
below estimates, demonstrating a viable long term solution.
To expand and improve the Company’s
profitability, the Company has partnered
with its E-2 Investor Mr. Ricky Tony. Mr.
Tony will provide an immense strategic
advantage by lending both his expertise and
capital investment totaling to $300K. These
funds will enhance the Company’s capital
structure by enabling Car Companyto
purchase more inventory and save over
$200 in interest payments per vehicle. In the
next five years, the savings along
accumulates to $239,400. The Company
expects to increase the number of Vehicles
sold from 69 in 2014 to 417 in year 5. The
company projects a $2.6M in sales in its 5th, profiting over $10K or 11.9%
EXECUTIVE SUMMARY
5. Car Company LLC
BUSINESS PLAN 4
Car Company is looking to decrease its interest expense on purchased vehicle inventory. A direct owner
investment of $300K will decrease inventory cost by $200 per unit. Mr. 2Tony has recently invested $115K and
is looking to invest an addition $185K in return for 80% ownership. The Company has a credit line of $250K that
it will exercise. The use of funds is listed as below:
Startup Requiements Amount
Startup Expenses
Consultation Fees $2,800
Immigration Lawyer $4,000
Bill Advances $8,114
Business Attorney $1,500
Total Startup Expenses $16,414
Startup Assets
Cash Requied $131,700
Inventory purchases $227,604
Other Current Assets $0
Longterm Assets $19,451
Total Assets $378,755
Total Requirements $395,169
Startup Requiements Amount
Startup Expenses to Fund $16,414
Startup Assets to Fund $378,755
Total Funding Required $395,169
Assets
Non-cash Assets from Startup $247,055
Cash Requirements from Startup $131,700
Cash balance on Starting Date $131,700
Total Assets $378,755
Liabilities and Capital
Liabilities
Current Borrowing $174,669
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $35,500
Total Liabilities $210,169
Capital
Planned Investment
Investor $185,000
Additional Investment Requirement $0
Total Planned Investment $185,000
Loss at Startup (Startup Expenses) ($16,414)
Total Capital $168,586
Total Capital and Liabilities $378,755
Total Funding $395,169
USE OF FUNDS
6. Car Company LLC
BUSINESS PLAN 5
Car Company is a used car dealership that sells a breadth
of used makes and models. Established on January 1st
2013, the Company purchases cars at deep discounts from
its local auction house, makes the necessary repairs to bring
it up to commercial standards, and passes its savings
directly to the consumer.
The Company offers an outstanding shopping experience
for customers in Springfield County, Virginia and surrounding areas by incorporating superior customer service
and ethical business practices to its client base.
Car Company is conveniently on a busy road located at West Shirley Ave. There is ample parking and visible
signage to easy locate the dealership. Car Company specializes in helping its customers attain the best financing
possible for the “right car”. Where most car dealers either reject or manipulate customers with bad credit, Car
Company is able to approve nearly 90% of loan applicants through the credit company AFC. The Company holds
by strong ethical practices as it does not tolerate exorbitant rates that other dealers will exploit on uninformed
consumers.
The company holds a twofold distinct advantage amongst its competitors. 1) the ability to grant better and more
reasonable access to credit for its consumers and 2) leveraging equity capital to reduce the burden of interest
expenses while capitalizing on a free net 60 credit line to expand its business.
In addition to the two items mentioned above, the following provides an overview of Car Company advantages:
Focus on lower end vehicle car segment: lower cost per unit with increase in average gross margin and
higher inventory turnover rate.
Inventory inspection: A standard checklist to ensure the appraisals are completed consistently and
accurately, and free from major defects.
Bad Debt Allowances: Strategic partnership with AFC financial lending institution, reduces the risk of bad
debt and collectables.
Experienced Staff: Knowledgeable staff and Management team, able to cater to customers unique
requirements.
Complete online Inventory updated every few days.
Car Company is a Limited Liability Company registered in the State of Virginia. The Company will be owned by
Ricky Tony (80%), Eric Muller (10%) and Henry Lewis (10%).
Car Company LLC used car dealership is located in the heart of Springfield at 000 Maple Dr.
COMPANY OVERVIEW
COMPANY OWNERSHIP AND LOCATION
7. Car Company LLC
BUSINESS PLAN 6
As noted, Car Company LLC. is operating in a 1$106.9bn dollar industry, which is projected to grow at a healthy
rate will industry profit at $2.7bn despite a decrease to 1.8% down from 2.5% from the previous five years. The
industry is also enjoying higher sales due to increase in disposable incomes and decreasing unemployment rate.
The firm provides the following industry overview and forecasts.
1
“Used Car Dealers in the US” Industry Report” IBISWorld, Jan 2015 www.ibisworld.com
INDUSTRY ANALYSIS: USED CARS DEALERSHIPS IN THE US
8. Car Company LLC
BUSINESS PLAN 7
Between new and used vehicle prices, the retail price of a one-year-old used vehicle is now below 80 percent of
the cost of a new vehicle. Older model vehicle supply will increase, but overall supply will continue to fall as sales
of used cars continue. Despite the growth in late-model supply, the supply of units up to eight years in age is
expected to decrease by 2% or more. Newer used vehicles (vehicles that are three years or under) will still be
roughly 25 percent below where it was previously. While the growth in late-model supply will have an adverse
effect on younger used vehicle prices, the continued slide in early-model supply will benefit prices of older models.
Overall key trends are listed as below:
Increasingly competitive lending environment will continue to see credit standards loosen and availability
grow.
Employment will continue to improve as disposable incomes increase.
The recovery in housing and construction will pick up steam, benefiting both the economy and
employment. This will increase demand for traditional used car and truck consumers.
Vehicle age remains on the rise, with the average vehicle age at approximately 11.4 years.
Compared to other car market segments, the typical customers who purchased used cars had less income on
average. The average annual income for used vehicle purchasers was $48,004 compared with $72,992 for
lessees and $69,875 for new-vehicle purchasers. Among consumers that bought or leased a vehicle, 80.9% of
lower wage earners are likely to purchase a used vehicle compared to 36% of those who lease or buy in the
highest income quintile for new vehicle purchases.
Down payments and monthly payment amounts influence whether the consumer will purchase a new or used
car. 76 % of used-vehicle purchasers paid down payments of $1,147 on average and only 30 percent of the
amount that a new-vehicle purchaser put for a down payment was $2,914 including new car incentives and
discounts. The maximum down payment was $8,500 for lessees, $37,000 for new-vehicle purchasers, and
$19,000 for used-vehicle purchasers. The average monthly payment was $353 for lessees, $399 for new-vehicle
purchasers, and $273 for used-vehicle purchasers.
Internet usage has changed the way shoppers search for used vehicles. A J.D Power and Associates survey
concluded that 64% of potential clients first searched the internet before visiting the dealership. In addition 88%
of buyers that went to a dealership to test drive a car had spent time researching information on the internet prior
to their visit.
USED VS NEW CAR PURCHASING BEHAVIOR
INTERNET TRENDS
9. Car Company LLC
BUSINESS PLAN 8
Within the Used Car Dealers industry,
dealers compete mainly on the basis
of vehicle offering and price. For the
consumer credit availability and
access is paramount in the purchasing
decision. Credit availability will
continue to expand further fueling
used cars sales. Data from the Federal
Reserve Board’s Senior Loan Officer
Survey shows that lenders have
loosened auto loan standards for five
years running, a trend that helped see loan portfolios grow. Experian data also shows that the subprime share of
used vehicle financing improved by over 2%.
Used car dealers classify customers’ credit worthiness in five different credit rating segments, with deep subprime
customers possessing the worst credit. Customers choose to purchase vehicles from used car dealers for
different reasons, depending on their credit score. During the economic downturn, contractions in credit
availability made it more difficult and expensive for these customers to get financing. Customers with the worst
credit scores are largely unable to purchase vehicles on traditional credit, facing interest rates 6.0% or more
above prime rates.
The following Table provides pertinent figures for the population within Fauquier County which encompasses
647.45 sq. miles. Income data for the region is highlighted in yellow below.
Springfield County, Virginia
People QuickFacts Springfield County
Population, 2013 estimate 67207
Population, 2010 (April 1) estimates base 65203
Population, percent change - April 1, 2010 to July 1, 2013 0.031
Population, 2010 65203
Persons under 5 years, percent, 2013 0.057
Persons under 18 years, percent, 2013 0.242
Persons 65 years and over, percent, 2013 0.144
Female persons, percent, 2013 0.506
Per capita money income in past 12 months (2013 dollars), 2009-2013 39600
Median household income, 2009-2013 88409
Persons below poverty level, percent, 2009-2013 0.056
Geography QuickFacts Springfield County
Land area in square miles, 2010 647.45
Persons per square mile, 2010 100.7
MARKET SEGMENTATION
LOCAL MARKET ANALYSIS
10. Car Company LLC
BUSINESS PLAN 9
The Company will experience direct competition from other used vehicle dealerships in the Springfield area.
Our main competitors who hold similar inventory and compete based on price and offerings are listed as below.
Anzo Motors- http://www.anzo-motors.com
Overview:Anzo Motors is a locally operated used car dealership that
offers a range of used cars as well as in house financing option.
Advantages:Anzo Motors operates in the low and mid end price
segment of the used car industry aimed at appealing to a
broader customer base. Anzo motors also offers extended
credit services to customers with bad credit.
Disadvantages:Anzo Motors has a weak internet presence, and with little to no reviews. The current climate
of internet based shopping is hampering the Company and currently there is no inventory online for view.
Summit Motors- www.summitmotorsinc.com
Overview: Summit Motors is a larger used car dealership operating
out of Warrenton and is a division of Country Chevrolet. Summit
Motors inventory consists of higher end used vehicles.
Advantages: Summit Motors offers additional warranty services
and extended hours of operations.
Disadvantages: Financing options are slightly more limited, customers in the deep subprime credit rating will
have difficulty finding approval.
Wells Auto Sales- www.wellsautos.com
Overview: Wells Auto Sales specializes in later model and low mileage
used cars. Wells Auto Sales inventory is geared towards the higher end
used car consumer, with offerings included in its inventory at $40K or
more.
Advantages: Wells Auto Sales was founded in 1997 and has a larger local client base.
Disadvantages: The higher end market has a lower inventory turnover rate, and high inventory costs using
up much of current assets.
COMPETITORS
11. Car Company LLC
BUSINESS PLAN 10
Car Company is located on a prime lot right off Lincoln Ave, which runs through the heart of downtown Springfield.
The Company has have a very easy to navigate website with an online credit approval form that is linked to the
business email. Car Company caters heavily to potential customers with bad credit that have been rejected for
car loans everywhere else due to lack of credit or significant down payment. The approval success rate is over
90% and adding to a large customer referral base. Car Company focuses on the following main advantages:
Little or no down payment required to purchase
Ease of credit access
Ability to service the Deep-Subprime and Subprime used cars consumers market
Liabilities are held with AFC financial institution, relieving Credit Card Select of potential Bad Debt
expenses.
Large inventory of cars on its website for easy viewing, with inventory updated every few days.
Located in prime busy location on a main street in Springfield, Virginia.
Ricky Tony comes from a strong entrepreneurial background. He holds a bachelor’s degree in commerce and 7
years of international business experience. John started out as a manager at his father’s gas station and later
became a managing partner. Soon after, John took his ambitions to Dubai, known as the business hub of the
world. There he became a managing director and partner of Transport enterprise, dealing with vehicles on a daily
basis, John foresaw an opportunity to take his entrepreneur spirit to the next level. In July of 2009, the conception
of Ricky Tony Motors became a reality. Ricky Tony Motors specialized in purchasing cars from the US, UK and
Japan. The car business venture did very well for John, and within a year, Car Company LLC opened its doors.
After four years of owning and operating multiple successful dealerships, Joh Tony set his ambitions for America.
He had always heard about great opportunities in America and he wanted to pursue his passion here. On October
of 2014, Ricky Tony successfully sold both of his used car dealerships in Dubai and set sail for the USA.
OUR ADVANTAGE
MANAGEMENT SUMMARY
12. Car Company LLC
BUSINESS PLAN 11
Car Company will benefit from utilizing traditional marketing methods including online initiatives.
Networking
As with any service oriented business, the Company will benefit from developing businessrelationships by
participating actively in community events. Car Company will attend a variety of events to gauge prospective
clients, including fairs and trade shows.
Word of mouth
Referral marketing will be an integral part in maintaining long lasting relationships and increasing brand
awareness. Current clients will increase leads by word of mouth advertising, which is considered the most
effective and trustworthy form of advertising.
Internet
Independent sites drive roughly half (45%) of all dealer walk-in traffic by the internet, followed by dealer sites
(32%), search sites (14%), manufacturer sites (6%) and other sites (3%). The Company will be heavily
advertising on well-known internet sites that potential buyers frequent including, kijiji.com, Autotrader, Cars.com,
craigslist, Facebook and Yelp.
MARKETING PLAN
13. Car Company LLC
BUSINESS PLAN 12
The following table and graph illustrate the financial goals for Car Company during the next five years.
*unit sales were based on historical sales volumes and increase in marketing expenditure, general assumptions
include:
1. Avg. price of sales: $6,260 2. COS
3. During year 3 in-house mechanic was hired cutting outside
paid labor paid reducing Parts cost from $826 to $551.
(50% Parts, 50% Labor ($413, $413) outside
labor $56.25 per hour, In-house $18.75 per hour,
$413+$138 = $551 a avg. savings of $275 per
vehicle.
Sales Forecast Year 1 Year 2 Year 3 Year 4 Year 5
Car Sold 99 153 219 309 417
Total Unit Sales 99 153 219 309 417
Unit Prices
Vehicle 6,260.00$ 6,260.00$ 6,260.00$ 6,260.00$ 6,260.00$
Sales
Vehicle 619,740$ 957,780$ 1,370,940$ 1,934,340$ 2,610,420$
Total Sales 619,740$ 957,780$ 1,370,940$ 1,934,340$ 2,610,420$
Direct Unit Costs
Vehicle 4,695.00$ 4,695.00$ 4,420.00$ 4,420.00$ 4,420.00$
Direct Cost of Sales
Renovations 464,805$ 718,335$ 967,980$ 1,365,780$ 1,843,140$
Subtotal Direct Cost of Sales 464,805$ 718,335$ 967,980$ 1,365,780$ 1,843,140$
Sal
Car
Uni
Veh
Sale
Veh
Tota
Dire
Veh
Dire
Sale
Veh
Sub
Cos
PROJECTIONS
Fees
Towing +
Misc
Tag +
title Parts Vehicle
$42 $123 $159 $826 4,713
14. Car Company LLC
BUSINESS PLAN 13
Investment of $300K from Ricky Tony ($115K+$185K) reduced over all expenditure by $200 per
vehicle increasing revenues by the same amount.
Pro Forma Income Statement Year 1 Year 2 Year 3 Year 4 Year 5
Sales $619,740 $957,780 $1,370,940 $1,934,340 $2,610,420
Direct Cost of Sales $464,805 $718,335 $967,980 $1,365,780 $1,843,140
Other Costs of Sales $0 $0 $0 $0 $0
Total Cost of Sales $464,805 $718,335 $967,980 $1,365,780 $1,843,140
Gross Margin $154,935 $239,445 $402,960 $568,560 $767,280
Gross Margin % 25.00% 25.00% 29.39% 29.39% 29.39%
Expenses
Payroll $117,600 $141,600 $177,600 $199,200 $229,200
Marketing/Promotion $14,400 $17,600 $20,600 $23,600 $26,600
Depreciation $3,888 $3,888 $3,888 $3,888 $3,888
Rent $42,000 $42,000 $42,000 $42,000 $42,000
Cable & Internet $3,264 $3,264 $3,264 $3,264 $3,264
Dues & Subscriptions $1,296 $1,296 $1,296 $1,296 $1,296
Insurance $3,612 $3,612 $3,612 $3,612 $3,612
Telephone $1,812 $1,812 $1,812 $1,812 $1,812
Utilities $3,264 $3,264 $3,264 $3,264 $3,264
Postage & Delivery $3,132 $3,132 $3,132 $3,132 $3,132
Others $5,376 $5,376 $5,376 $5,376 $5,376
$199,644 $226,844 $265,844 $290,444 $323,444
Profit Before Interest and Taxes ($44,709) $12,602 $137,116 $278,116 $443,836
EBITDA ($44,709) $16,489 $141,004 $282,004 $447,724
Interest Expense $0 $0 $0 $0 $0
Taxes Incurred $0 $3,780 $41,135 $83,435 $133,151
Net Profit ($44,709) $8,821 $95,981 $194,681 $310,685
Net Profit/Sales -7.21% 0.92% 7.00% 10.06% 11.90%
PROJECTED INCOME STATEMENT
15. Car Company LLC
BUSINESS PLAN 14
*As depicted above Monthly Break even sales of $66,548 was sufficient to cover break even fixed costs.
Break-even Analysis Value
Monthly Revenues Break-even 66,548$
Assumption
Estimated Monthly Fixed Cost 16,637$
BREAK-EVEN ANALYSIS
16. Car Company LLC
BUSINESS PLAN 15
*Finance Manager and Office Assistant hired on as part time basis until year 3. During year 3 in mechanic hired
to reduce Parts & Labor costs on average by $275 per vehicle. Junior Sales Consultant Hired in year 2, and
experienced consultant hired in 5.
Personnel Plan Year 1 Year 2 Year 3 Year 4 Year 5
General Manager/Sales 72,000$ 72,000$ 72,000$ 72,000$ 72,000$
Operations Manager 24,000$ 24,000$ 24,000$ 24,000$ 24,000$
Finance Manager/Sales* 12,000$ 12,000$ 12,000$ 24,000$ 24,000$
Office Assistant* 9,600$ 9,600$ 9,600$ 19,200$ 19,200$
Junior Sales Consultant -$ 24,000$ 24,000$ 24,000$ 24,000$
On-Site Mechanic -$ -$ 36,000$ 36,000$ 36,000$
Sales Consultant -$ -$ -$ -$ 30,000$
Total People 4 5 6 6 7
Total Payroll 117,600$ 141,600$ 177,600$ 199,200$ 229,200$
PERSONNEL PLAN
17. Car Company LLC
BUSINESS PLAN 16
Pro-Forma Cash Flow Year 1 Year 2 Year 3 Year 4 Year 5
Cash Received
Cash from Operations
Cash Sales $619,740 $957,780 $1,370,940 $1,934,340 $2,610,420
Cash from Receivables $0 $0 $0 $0 $0
Subtotal Cash from Operations $619,740 $957,780 $1,370,940 $1,934,340 $2,610,420
Additional Cash Received
New Current Borowing $0 $0 $0 $0 $0
Subtotal Cash Received $619,740 $957,780 $1,370,940 $1,934,340 $2,610,420
Expenditure Year 1 Year 2 Year 3 Year 4 Year 5
Expenditures from Operations
Cash Spending $117,600 $141,600 $177,600 $199,200 $229,200
Bill Payments $301,393 $898,025 $1,104,028 $1,582,689 $2,102,518
Subtotal Spent on Operations $418,993 $1,039,625 $1,281,628 $1,781,889 $2,331,718
Additional Cash Spent
Principal Repayment of Current Borrowing$34,932 $34,932 $34,932 $34,932 $34,932
Long-term Liabilities Principal Repayment$7,100 $7,100 $7,100 $7,100 $7,100
Subtotal Cash Spent $461,025 $1,081,657 $1,323,660 $1,823,921 $2,373,750
Net Cash Flow $158,715 ($123,877) $47,280 $110,419 $236,670
Cash Balance $290,415 $166,539 $213,818 $324,238 $560,907
Pro
Ca
Ca
Ca
Ca
Su
Su
Ex
Ex
Ca
Bill
Su
Ad
Sa
Pa
Pri
Cu
Oth
Re
Lo
Re
Pu
As
Pu
Div
Su
PROJECTED CASH FLOW
18. Car Company LLC
BUSINESS PLAN 17
Pro Forma Balance Sheet Year 1 Year 2 Year 3 Year 4 Year 5
Assets
Current Assets
Cash $290,415 $166,539 $213,818 $324,238 $560,907
Accounts Receivable $0 $0 $0 $0 $0
Inventory $42,255 $155,975 $183,264 $270,748 $349,467
Other Current Assets $0 $0 $0 $0 $0
Total Current Assets $332,670 $322,514 $397,082 $594,986 $910,374
Long-term Assets
Long-term Assets $19,451 $19,451 $19,451 $19,451 $19,451
Accumulated Depreciation $3,888 $7,776 $11,664 $15,552 $19,440
Total Long-term Assets $15,563 $11,675 $7,787 $3,899 $11
Other Assets
Other Assets $0 $0 $0 $0 $0
Total Assets $348,233 $334,188 $404,869 $598,885 $910,386
Liabilities and Capital Year 1 Year 2 Year 3 Year 4 Year 5
Current Liabilities
Accounts Payable $56,219 $75,386 $92,117 $133,484 $176,331
Current Borrowing $139,737 $104,805 $69,873 $34,941 $9
Other Current Liabilities $28,400 $21,300 $14,200 $7,100 $0
Subtotal Current Liabilities $224,356 $201,491 $176,190 $175,525 $176,340
Long-term Liabilities $0 $0 $0 $0 $0
Total Liabilities $224,356 $201,491 $176,190 $175,525 $176,340
Paid-in Capital $185,000 $185,000 $185,000 $185,000 $185,000
Retained Earnings ($16,414) ($61,123) ($52,302) $43,679 $238,360
Earnings ($44,709) $8,821 $95,981 $194,681 $310,685
Total Capital $123,877 $132,698 $228,679 $423,360 $734,045
Total Liabilities and Capital $348,233 $334,188 $404,869 $598,885 $910,386
Net Worth $123,877 $132,698 $228,679 $423,360 $734,045
Pro Forma B
Assets
Current Asset
Cash
Accounts Rec
Inventory
Other Current
Total Current
Long-term As
Long-term As
Accumulated
Total Long-te
Total Assets
Liabilities and
Current Liabil
Accounts Pay
Current Borro
Other Current
Subtotal Curr
Long-term Lia
Total Liabilitie
Paid-in Capita
Retained Earn
PROJECTED BALANCE SHEET
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