Navalta Auto Repair shop and Car Accessories

Angelika C. Navalta
Payocpoc Norte Este, Bauang, La Union
navaltaautoreoairshopandaccessories@yahoo.com
Contact No. 09466896794

Vision

People working together as a lean, global enterprise to make people’s lives better through
automotive and mobility leadership

Mission

"To be the most customer-centric company in the world, where people can find and discover
anything about automotive”

Company Goals

A common business goal is to run a profitable operation, which typically means increasing
revenue while limiting expenses. To improve resolution times to customer complaints to a
minimum of one business day. To become more efficient in your business operation as a way to
increase productivity.

Nature of business

Service retail, wholesale, manufacturing, and marketing.

 Organizational Structure

Manager/Owner

Secretary Engineering

AutoMechanics Sales Lady/Helper Maintenance

Marketing Plan

We first began our automotive shop and accessories as a way to profit from our passion and
provide others in our community with a well service in terms of automotive.

The capital needed is about 100,000.00 for the service including the capital needed in the Auto
Accessories. The capital will be use in the maintenance of the shop and other needed of the
shop. Including the salary of the shop staff and other expenses.

The primary costumer of our business are those people who are using automobiles in our
community. Also the other consumer who is using things in terms of automotives.
Financial Plan

Forecast Month 1 Month 2 Month 3 Month 4

Key Assumptions
Service Cost 5,000 10,000 12,000 12,000
Professional Fees 5,000 5,000 5,000 5,000
Marketing 10,000 15,000 15,000 20,000
Finance 12,000 14,000 15,000 13,000
Revenue by month 10,000 15,000 25,000 45,000
Expenses by month 5,000 5,000 5,000 6,000
Total Cost
Net Profit 15,000 18,000 25,000 30,000
Loss 0 0 0 0

Financing

Sources

Owners' Equity Investment 7,000

Requested Bank Loan 95,000
Total 102,000

Uses
Capital Equipment 13,900
Beginning Inventory 50,000
Start-Up Costs 9,500
Working Capital 28,600

Total 102,000

Statements

Projected Profit and Loss

Sales 180,000.00
Less Returns & Allowances 0
Net Sales 180,000.00
Expenses: Purchases 93,600.00
Wages 15,600.00
Outside Services 1,200.00
Supplies 2,400.00
 Repairs & Maintenance 2,400.00
Advertising 6,000.00
Automobile & Travel 2,400.00
Rent 15,600.00
Telephone 2,400.00
Utilities 2,400.00
Insurance 2,400.00
Shipping 2,400.00
Depreciation 1,248.00
Loan 7,877.00
Miscellaneous 2,400.00
Total Expenses 160,325.00
Net Profit 19,675.00

Projected Balance Sheet

Assets Historical Projected

Current Assets
Cash in bank 125,00.00 200,00.00
Accounts receivable 89,300.00 125,000.00
Inventory 55,000.00 60,000.00
Expenses 37,000.00 32,000.00
Fixed Assets
Machinery and Equipment 30,000.00 38,000.00
Leasehold Improvement 45,000.00 50,000.00
Land and Buildings 34,000.00 42,000.00
Other fixed Assets 25,000.00 28,000.00

Projected Cash Flow Statement

Month 1 Month 2 Month 3

Cash Received:
Cash Sales 21,000 25,000 22,000
Credit sales 18,500 15,000 20,000
Interest 1,000 2,000 2,000
Sundries 1,000 1,000 1,000
Total cash Recieved 41,500 43,000 45,000

Cash Purchase
Stock Purchase 1,000 800 1,400
Trade Creditors 15,000 18,000 20,000
Operating Cost 4,500 4,500 4,500
Capital 1,500 2,000 3,000
Others - 500 650
Total cash payment 22,000 25,800 29,550
Cash 19,00 17,200 15,450
Increased/decreased