Docstoc

Business Plan for Used Cars Dealership

Document Sample
Business Plan for Used Cars Dealership Powered By Docstoc
					Business Plan for Used Cars
Dealership
This Business Plan for a Used Car Dealership allows entrepreneurs or business owners
to create a comprehensive and professional business plan. This template form allows a
business to outline the company's objectives and detail both current company
information as well as any past performance. Companies should include a complete
market analysis in their plan to help showcase why their business strategy will be
effective in the market. Future company plans, including production targets,
management strategy, and financial forecasting, should be used to demonstrate and
confirm that the company's short-term and long-term objective can and will be met. This
model plan can be customized to best fit the unique needs of any entrepreneur or owner
that is seeking to create a strong business plan.
                                   [INSERT IMAGE/LOGO]




                            COMPANY NAME
                                      ADDRESS

                                CITY, STATE ZIP CODE

                                         Tel.

                                         Fax:

                                       Email:




© Copyright 2012 Docstoc Inc.                            1
                                                       Confidentiality Agreement

The undersigned reader acknowledges that the information provided by COMPANY NAME in this business plan is confidential; therefore,
reader agrees not to disclose it without the express written permission of COMPANY NAME.

It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than
information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm
or damage to COMPANY NAME.

Upon request, this document is to be immediately returned to COMPANY NAME.




___________________
Signature

___________________
Name (typed or printed)

___________________
Date




                                    This is a business plan. It does not imply an offering of securities.




© Copyright 2012 Docstoc Inc.                                                                                     2
                                                                        Table of Contents



1.0 Executive Summary................................................................................................................................................1
   1.1 Objectives ..........................................................................................................................................................2
   1.2 Mission...............................................................................................................................................................2
   1.3 Keys to Success.................................................................................................................................................2
2.0 Company Summary................................................................................................................................................2
   2.1 Company Ownership..........................................................................................................................................2
   2.2 Company History................................................................................................................................................2
      Table: Past Performance .....................................................................................................................................3
3.0 Products .................................................................................................................................................................4
4.0 Market Analysis Summary......................................................................................................................................4
   4.1 Market Segmentation .........................................................................................................................................4
      Table: Market Analysis ........................................................................................................................................5
   4.2 Target Market Segment Strategy .......................................................................................................................5
   4.3 Industry Analysis ................................................................................................................................................6
      4.3.1 Competition and Buying Patterns ...............................................................................................................6
5.0 Strategy and Implementation Summary .................................................................................................................6
   5.1 Competitive Edge...............................................................................................................................................6
   5.2 Marketing Strategy .............................................................................................................................................6
   5.3 Sales Strategy....................................................................................................................................................6
      5.3.1 Sales Forecast............................................................................................................................................7
         Table: Sales Forecast .....................................................................................................................................7
   5.4 Milestones..........................................................................................................................................................9
      Table: Milestones.................................................................................................................................................9
6.0 Management Summary ..........................................................................................................................................9
   6.1 Personnel Plan.................................................................................................................................................10
      Table: Personnel................................................................................................................................................10
7.0 Financial Plan.......................................................................................................................................................10
   7.1 Important Assumptions ....................................................................................................................................10
   7.2 Break-even Analysis ........................................................................................................................................10
      Table: Break-even Analysis ...............................................................................................................................11
   7.3 Projected Profit and Loss .................................................................................................................................12
      Table: Profit and Loss........................................................................................................................................12
   7.4 Projected Cash Flow ........................................................................................................................................15
      Table: Cash Flow...............................................................................................................................................15
   7.5 Projected Balance Sheet..................................................................................................................................17
      Table: Balance Sheet ........................................................................................................................................17
   7.6 Business Ratios ...............................................................................................................................................18
   7.6 Business Ratios ...............................................................................................................................................18
      Table: Ratios......................................................................................................................................................18




                                                                                                                                                                   Page 1
                                                  COMPANY NAME

1.0 Executive Summary

    There is a need in [INSERT TOWN] for a large selection of quality used cars, and COMPANY NAME will sell these top-quality used
    vehicles at a competitive price. COMPANY NAME will continue to develop its excellent working relationship with local dealers and
    auctions to bring the savings to the customer.

    COMPANY NAME will be successful because the company offers something different; a pleasant car buying experience. COMPANY
    NAME will create a purchasing environment that caters to the customer's needs. COMPANY NAME is also selling a professional
    service and an experience in car buying that will bring customers back again, as well as referring friends and family. The
    company estimates an optimistic gross margin over the industry average. COMPANY NAME will be successful because of the
    excellent team the company has assembled and the drive and determination of the owner, OWNER’S NAME.

    The purpose of this plan is to seek grant funding in the amount of $500,000 in order to purchase a company vehicle, increase the
    company's on-hand inventory and expand the current facility of operations.




                                       Highlights
     $1,800,000

     $1,600,000

     $1,400,000

     $1,200,000
                                                                                               Sales
     $1,000,000
                                                                                               Gross Margin
       $800,000
                                                                                               Net Profit
       $600,000

       $400,000

       $200,000

             $0
                         FY 2011               FY 2012               FY 2013




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                        Page 1
                                                      COMPANY NAME

1.1 Objectives

    1.   100% customer satisfaction, measured through repeat customers, referrals and surveys.
    2.   To achieve and surpass the industry average profit margin within the first two-years.
    3.   To achieve a respectable net profit by year two.

1.2 Mission

    COMPANY NAME provides a unique car buying experience to the customers in the [INSERT TOWN] located in [INSERT COUNTY]
    and the surrounding counties of [INSERT SURROUNDING COUNTIES]. One that focuses on customer satisfaction first, COMPANY
    NAME understands that vehicle purchasing is a necessary, but sometimes unpleasant experience. COMPANY NAME'S goal is to
    provide the customer with an enjoyable, honest service by satisfying individual customers practical transportation needs with a quality
    product.

    COMPANY NAME also believes it is important to have quality vehicles at a low cost. The company will make a profit by generating
    sales. It will provide job satisfaction and fair compensation to its employees, and a fair return to its owners. Hard work and
    performance is rewarded through bonuses and commissions. Job satisfaction is very important for employees
    and owners, COMPANY NAME will create a work environment that is enjoyable and profitable for all.

1.3 Keys to Success

    To succeed in this business COMPANY NAME must:

        Have a team of experienced professionals.
        Maintain a network of suppliers, in order to buy and sell products that are of the highest reliability and quality, at a competitive
         price.
        Ensure customer satisfaction by encouraging the two most important values, honor and integrity.
        Create high morale by rewarding employee success with monetary compensation.

2.0 Company Summary

    COMPANY NAME is a corporation established in 1999. The company provides a unique car buying experience for customers in
    the [INSERT COUNTY] by providing inspected, top quality, used vehicles for all types of consumers at a competitive price.

2.1 Company Ownership

    COMPANY NAME is a privately held corporation. COMPANY NAME is 100% owned by OWNER’S NAME.

2.2 Company History

    COMPANY NAME was founded in [INSERT TOWN] in 1999 and is solely owned by OWNER’S NAME. The company has run
    successfully the majority of the time in operation and has long since provided competition to the other used car company in town.

    The company currently has three employees and has the desire to expand. The company is currently managed OWNER’S NAME.




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                                    Page 2
                                            COMPANY NAME

Table: Past Performance

Past Performance
                                                    FY 2008      FY 2009      FY 2010
Sales                                            $1,547,015   $1,418,248   $1,207,862
Gross Margin                                       $620,937     $492,170     $281,784
Gross Margin %                                       40.14%       34.70%       23.33%
Operating Expenses                                 $273,746     $250,644     $290,929

Balance Sheet
                                                   FY 2008      FY 2009      FY 2010

Current Assets
Cash                                                $1,115      $29,878       $7,752
Other Current Assets                              $102,403     $133,282     $926,078
Total Current Assets                              $103,518     $163,160     $933,830

Long-term Assets
Long-term Assets                                  $116,640     $108,640     $108,640
Accumulated Depreciation                           $39,421      $34,591      $39,421
Total Long-term Assets                             $77,219      $74,049      $69,219

Total Assets                                      $180,737     $237,209    $1,003,049

Current Liabilities
Accounts Payable                                        $0           $0           $0
Current Borrowing                                       $0           $0           $0
Other Current Liabilities (interest free)               $0           $0           $0

Total Current Liabilities                               $0           $0           $0

Long-term Liabilities                                   $0           $0           $0
Total Liabilities                                       $0           $0           $0

Paid-in Capital                                          $0           $0           $0
Retained Earnings                                 $273,201     $308,818    $1,139,726
Earnings                                          ($92,464)    ($71,609)   ($136,677)
Total Capital                                     $180,737     $237,209    $1,003,049

Total Capital and Liabilities                     $180,737     $237,209    $1,003,049

Other Inputs
Payment Days                                             0            0            0




OWNER’S NAME – Tel. [INSERT NUMBER]                                                     Page 3
                                                     COMPANY NAME

                                       Past Performance
      $1,600,000

      $1,400,000

      $1,200,000

      $1,000,000
                                                                                                               Sales
       $800,000                                                                                                Gross
       $600,000                                                                                                Net

       $400,000

       $200,000

               $0


                            FY 2008                   FY 2009                    FY 2010



3.0 Products

    COMPANY NAME sells top-quality used vehicles at a competitive price. COMPANY NAME buys pre-inspected vehicles wholesale
    from well known local car dealers and auto auctions COMPANY NAME continually maintains a diverse stock of vehicles, providing the
    widest selection for individual needs.

4.0 Market Analysis Summary

    Almost everyone needs a car to get from point A to B. Many families have two or more cars. Due to the recent success of the new car
    market, there is a large inventory of used cars available for re-sale.

    The market for used cars is finding some benefits in the downtrodden economy, as some consumers look to previously owned
    vehicles for more value. Some lots are even devoting more space to used cars.

    New car sales are on a dramatic downward slide from around 16 million in 2007 to about 13 million in 2008. And it looks like things
    will get worse before they get better. With fewer people looking for new cars, dealers are depending on customers to help them get
    through this slump.

4.1 Market Segmentation

    COMPANY NAME market segmentation will consist of four basic segments; students, retired, families, and singles.

    Students will include high school and college age students who need a safe and economical car. This group is concerned with price,
    flashy looks, and being cool. These drivers tend to be less educated and will buy on impulse paying more for less car. They will also
    buy cars more often than others, on average every two to three years.

    The retired group will focus on practicality. Cost may be less important than quality and features. This group wants comfortable,
    nicely equipped vehicles at a reasonable price. They will want a vehicle that will last for years.

    Families will focus on safe, practical vehicles. Something that will last for years, can fetch groceries, carry the kids, and perform long
    trips. Many will be on a budget, and price may be a big factor. They will shop around and educate themselves on vehicles, shopping
    for a specific make or model.

    The last group is the singles. They are similar to the students in that they want flashly cool cars, but may be a working professional
    who can afford to pay more for a higher-quality vehicle.

OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                                 Page 4
                                                   COMPANY NAME

Table: Market Analysis

Market Analysis
                                        2010           2011            2012           2013           2014
Potential Customers           Growth                                                                                       CAGR
Students                         10%         45,000         49,500          54,450         59,895            65,885       10.00%
Retired                          12%         60,000         67,200          75,264         84,296            94,412       12.00%
Families                         10%        400,000        440,000         484,000        532,400           585,640       10.00%
Singles                          10%        200,000        220,000         242,000        266,200           292,820       10.00%
Other                            10%         20,000         22,000          24,200         26,620            29,282       10.00%
Total                         10.17%        725,000        798,700         879,914        969,411         1,068,039       10.17%


                             Market Analysis (Pie)




                                                                                                  Students

                                                                                                  Retired

                                                                                                  Families

                                                                                                  Singles

                                                                                                  Other




4.2 Target Market Segment Strategy

    COMPANY NAME will focus on providing for the average car buyer first. The company's focus will be on those most likely to purchase
    low-end, low-cost vehicles (highest profit margin). The students, families, retired, and singles have very different needs and wants.
    COMPANY NAME will focus on each group separately, and prioritize the company's efforts. We will look at every customer as a
    potential repeat customer, reference, or spokesperson for other car buyers.




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                            Page 5
                                                     COMPANY NAME

4.3 Industry Analysis

        The used car sales industry is continuing to grow at or above population increases. Vehicles are the second largest purchase
         most consumers make, and more people are buying new and used vehicles than ever.
        Relatively good margins have resulted in some success in the local used car industry.

4.3.1 Competition and Buying Patterns

    Used car dealers are notorious for unethical sales practices. Customers are inherently cautious and untrusting as a result. The more
    COMPANY NAME can provide a high-quality sales experience, the more successful the company will be. Employees of COMPANY
    NAME will provide a friendly and personal experience for the buyer. COMPANY NAME will follow up and ensure customer
    satisfaction. The company will rely on these customers for an excellent reference to other car buyers. This company will build an
    excellent working relationship with the company's suppliers and customers.

5.0 Strategy and Implementation Summary

    COMPANY NAME location is a very important competitive edge. The company is in [INSERT TOWN], which is located in [INSERT
    COUNTY] because people travel from all over the area to buy used vehicles there.

    The other competitive edge COMPANY NAME needs to develop is the buying experience and reputation as a local leader in customer
    satisfaction. This advantage is important to COMPANY NAME because the company relies on word of mouth to generate additional
    customers. Integrity is the company's difference.

5.1 Competitive Edge

    As previously mentioned, COMPANY NAME will provide additional used vehicle inventory to offer to the company's clients.
    COMPANY NAME is one of the few used auto dealerships in [INSERT TOWN] and the surrounding areas. Therefore, the company's
    specialty will be known throughout the county and draw in increased sales.

    In the current depressed economy, customers will be looking for cost-efficient and conservative purchasing. As previously mentioned,
    the sales of new automobiles have significantly dropped and customers will be searching for an expensive yet reliable mode of
    transportation.

5.2 Marketing Strategy

    Marketing promotions will be consistent with the Mission Statement and support the following objectives:

              a.     100% customer satisfaction, measured through repeat customers, referrals and surveys.
              b.     To achieve a respectable profit margin within the first three-years.
              c.     To achieve a healthy net profit by year two.

5.3 Sales Strategy

    Sales compensation is based on a percent of profits. COMPANY NAME will invest adequate time and resources into training each
    member of the sales team and into good customer relations. Salesmen will be paid a portion of their salary based on commission.
    Good performance is rewarded with increased commission and bonuses. However integrity will not be sacrificed for sales. Customer
    satisfaction will continue to be a top priority. All potential sales will be attended to in a timely fashion and long-term salesperson-
    customer relationships will take precedence over sales closure.




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                              Page 6
                                                   COMPANY NAME

5.3.1 Sales Forecast

    The following table and charts give a run-down on forecasted sales. COMPANY NAME expects sales to increase at a slow rate per
    month for each product in the first year. From June through September COMPANY NAME expects minimal growth due to the
    depressed economy. October through December COMPANY NAME expects decreased sales due to historical trends, and a
    depreciation in value based on less demand. February through August we expect increased sales growth again. In 2011 and 2012
    COMPANY NAME expects solid steady sales growth as Integrity Auto Sales claims a larger market share. COMPANY NAME expects
    increased sales in lower-priced vehicles, and this will be the company's primary product that yields the highest margin.

    The risks involved with this forecast include technology and the need for low impact environment friendly transportation. Older used
    cars tend to be less efficient, and will become less popular. Current hybrid vehicles are priced extremely high, and car makers have
    not found an economical answer for consumers. COMPANY NAME estimates conservative earnings from selling extended warranties
    and from selling loans.

Table: Sales Forecast

Sales Forecast
                                                                  FY 2011                  FY 2012                 FY 2013
Sales
Low-end vehicles                                                 $283,846                 $297,723                 $306,655
Average vehicles                                                 $506,089                 $521,272                 $536,910
High-end vehicles                                                $536,656                 $563,489                 $591,663
Loan sales                                                        $42,936                  $45,080                  $47,334
Warranty sales                                                     $7,200                   $7,560                   $7,938
Other/consignments                                               $235,000                 $246,750                 $259,088
Total Sales                                                    $1,611,727               $1,681,874               $1,749,588

Direct Cost of Sales                                              FY 2011                 FY 2012                  FY 2013
Purchase of Vehicles for Resale                                  $993,448               $1,023,251               $1,053,949
Delete                                                                 $0                       $0                       $0
Subtotal Direct Cost of Sales                                    $993,448               $1,023,251               $1,053,949




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                           Page 7
                                                       COMPANY NAME


                                  Sales Monthly
   $180,000

   $160,000

   $140,000                                                                              Low-end vehicles

   $120,000                                                                              Average vehicles

   $100,000                                                                              High-end vehicles

    $80,000                                                                              Loan sales

    $60,000                                                                              Warranty sales

    $40,000                                                                              Other/consignments

    $20,000

         $0

                                                                 Jul
                            Jan




                                               Apr



                                                           Jun
                Nov

                      Dec



                                  Feb

                                        Mar




                                                                                   Oct
                                                     May




                                                                       Aug

                                                                             Sep

                                  Sales by Year

   $1,800,000

   $1,600,000
                                                                                         Low-end vehicles
   $1,400,000
                                                                                         Average vehicles
   $1,200,000
                                                                                         High-end vehicles
   $1,000,000
                                                                                         Loan sales
    $800,000
                                                                                         Warranty sales
    $600,000
                                                                                         Other/consignments
    $400,000

    $200,000

          $0
                      FY 2011                 FY 2012              FY 2013




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                           Page 8
                                                  COMPANY NAME

5.4 Milestones

    The accompanying table lists important program milestones with dates and budgets for each. The milestone schedule indicates our
    emphasis on planning for implementation.

    What the table doesn't show is the commitment behind it COMPANY NAME business plan includes complete provisions for plan-vs.-
    actual analysis, and the company will hold follow-up meetings every month to discuss the variance and course corrections.

Table: Milestones

Milestones


Milestone                     Start Date           End Date           Budget            Manager               Department
Inventory                      9/1/2010          12/31/2010         $297,500       INSERT NAME            General Manager
New Staff Salary               9/1/2010          12/31/2010          $52,500       INSERT NAME            General Manager

Totals                                                              $350,000




                                                  Milestones



             Name me




      New Staff Salary




             Inventory



                                     Sep               Oct               Nov               Dec



6.0 Management Summary

    COMPANY NAME will consist of three initial employees. The owner will manage over all operations and the sales manager will
    manage all buying and selling of inventory.

    Once the gross margin and cash flow will support it, COMPANY NAME will hire an additional salesman.




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                       Page 9
                                                  COMPANY NAME

6.1 Personnel Plan

    The personnel plan and monthly salary is included in the following table. Bonuses will be paid for monthly sales that exceed
    forecasted sales to all employees. As the business grows, additional salesmen will be added.

Table: Personnel

Personnel Plan
                                                         FY 2011                     FY 2012                     FY 2013
Owner/Manager                                                 $0                          $0                          $0
Sales Manager                                            $31,500                     $32,445                     $33,418
Salesman                                                 $21,000                     $21,630                     $22,279
Total People                                                   3                           4                           5

Total Payroll                                            $52,500                     $54,075                     $55,697


7.0 Financial Plan

    1.   Growth will be moderate to good with cash flows being steady.
    2.   Future marketing will remain below 10% of sales.
    3.   The company will properly train and educate all future employees to bring in the highest profit and customer satisfaction for
         COMPANY NAME.

7.1 Important Assumptions

    COMPANY NAME assumes that conservative earnings from selling loans and extended warranties will be made.

    The other assumption is that current market conditions will remain for the next two to three years. Low rates will have a positive
    impact on sales and lending for the short term.

7.2 Break-even Analysis

    The following break-even analysis table has been completed on the basis of average costs/prices. With average per unit sold costs
    and average variable costs as shown, the table calculates what COMPANY NAME needs to make per month, or sell in units, to break
    even each month.




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                        Page 10
                                                   COMPANY NAME

Table: Break-even Analysis

Break-even Analysis


Monthly Revenue Break-even                                                                                 $43,091

Assumptions:
Average Percent Variable Cost                                                                                 62%
Estimated Monthly Fixed Cost                                                                               $16,530




                                             Break-even Analysis

       $12,000

        $9,000

        $6,000

        $3,000

            $0

       ($3,000)

       ($6,000)

       ($9,000)

      ($12,000)

      ($15,000)

                   $0             $14,000       $28,000       $42,000       $56,000       $70,000
                         $7,000          $21,000       $35,000       $49,000       $63,000       $77,000




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                              Page 11
                                                   COMPANY NAME

7.3 Projected Profit and Loss

    The key to increasing overall sales is to focus on acquiring vehicles at, or below, wholesale price. Operating, advertising and
    consulting costs will increase at a slower rate than sales and profit in the next three years COMPANY NAME predicts a positive gross
    margin during 2011, increasing modestly to 2012. This optimistic projection is based on the sales strategy and market
    analysis. Projected sales will support continued operations, and final success will be based on actual sales and an increasing gross
    margin.

Table: Profit and Loss

Pro Forma Profit and Loss
                                                                        FY 2011              FY 2012                FY 2013
Sales                                                                $1,611,727            $1,681,874             $1,749,588
Direct Cost of Sales                                                   $993,448            $1,023,251             $1,053,949
Other Production Expenses                                                    $0                    $0                     $0
Total Cost of Sales                                                    $993,448            $1,023,251             $1,053,949

Gross Margin                                                           $618,279              $658,623               $695,639
Gross Margin %                                                          38.36%                39.16%                 39.76%


Expenses
Payroll                                                                 $52,500               $54,075                $55,697
Sales and Marketing and Other Expenses                                       $0                    $0                     $0

Depreciation                                                               $400                  $500                   $600
Delete                                                                       $0                    $0                     $0
Office Operations                                                      $145,464              $149,828               $154,323

Total Operating Expenses                                               $198,364              $204,403               $210,620

Profit Before Interest and Taxes                                       $419,915              $454,220               $485,019
EBITDA                                                                 $420,315              $454,720               $485,619
 Interest Expense                                                            $0                    $0                     $0
 Taxes Incurred                                                        $125,975              $136,266               $145,506

Net Profit                                                             $293,941              $317,954               $339,513
Net Profit/Sales                                                        18.24%                18.90%                 19.41%




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                          Page 12
                                        COMPANY NAME


                                       Profit Monthly
   $50,000

   $45,000

   $40,000

   $35,000

   $30,000

   $25,000

   $20,000

   $15,000

   $10,000

    $5,000

       $0
              Nov   Dec   Jan   Feb   Mar   Apr   May   Jun   Jul     Aug     Sep   Oct




                                        Profit Yearly



   $320,000

   $280,000

   $240,000

   $200,000

   $160,000

   $120,000

    $80,000

    $40,000

        $0
                     FY 2011                FY 2012                 FY 2013




OWNER’S NAME – Tel. [INSERT NUMBER]                                                       Page 13
                                          COMPANY NAME


                                  Gross Margin Monthly

   $80,000

   $70,000

   $60,000

   $50,000

   $40,000

   $30,000

   $20,000

   $10,000

       $0
              Nov   Dec   Jan   Feb     Mar   Apr   May   Jun   Jul     Aug     Sep   Oct




                                      Gross Margin Yearly


   $700,000

   $600,000

   $500,000

   $400,000

   $300,000

   $200,000

   $100,000

        $0
                     FY 2011                  FY 2012                 FY 2013




OWNER’S NAME – Tel. [INSERT NUMBER]                                                         Page 14
                                                  COMPANY NAME

7.4 Projected Cash Flow

    COMPANY NAME is positioning the company in the market as a medium risk concern with steady cash flows. All cash flow over 50%
    will be re-invested into the company with at least 10% of which will be invested in long-term assets. COMPANY NAME will reserve up
    to 5% for bonuses, sales awards, and professional training.

Table: Cash Flow

Pro Forma Cash Flow
                                                                    FY 2011               FY 2012               FY 2013
Cash Received

Cash from Operations
Cash Sales                                                        $1,611,727           $1,681,874            $1,749,588
Subtotal Cash from Operations                                     $1,611,727           $1,681,874            $1,749,588

Additional Cash Received
Sales Tax, VAT, HST/GST Received                                          $0                   $0                    $0
New Current Borrowing                                                     $0                   $0                    $0
New Other Liabilities (interest-free)                                     $0                   $0                    $0
New Long-term Liabilities                                                 $0                   $0                    $0
Sales of Other Current Assets                                             $0                   $0                    $0
Sales of Long-term Assets                                                 $0                   $0                    $0
New Investment Received                                             $500,000                   $0                    $0
Subtotal Cash Received                                            $2,111,727           $1,681,874            $1,749,588

Expenditures                                                        FY 2011               FY 2012               FY 2013

Expenditures from Operations
Cash Spending                                                        $52,500              $54,075               $55,697
Bill Payments                                                     $1,140,641           $1,325,973            $1,350,126
Subtotal Spent on Operations                                      $1,193,141           $1,380,048            $1,405,823

Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out                                          $0                    $0                    $0
Principal Repayment of Current Borrowing                                  $0                    $0                    $0

Other Liabilities Principal Repayment                                     $0                    $0                    $0
Long-term Liabilities Principal Repayment                                 $0                    $0                    $0

Purchase Other Current Assets                                       $150,000                   $0                    $0
Purchase Long-term Assets                                           $250,000                   $0                    $0
Dividends                                                                 $0                   $0                    $0
Subtotal Cash Spent                                               $1,593,141           $1,380,048            $1,405,823

Net Cash Flow                                                      $518,586              $301,826              $343,765
Cash Balance                                                       $526,338              $828,164            $1,171,929




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                        Page 15
                                                    COMPANY NAME


                                        Cash
    $600,000

    $500,000

    $400,000

    $300,000
                                                                                        Net Cash Flow
    $200,000
                                                                                        Cash Balance
    $100,000

          $0

   ($100,000)

   ($200,000)




                                                                Jul
                            Jan




                                              Apr




                                                          Jun
                Nov

                      Dec




                                  Feb

                                        Mar




                                                                                  Oct
                                                    May




                                                                      Aug

                                                                            Sep




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                     Page 16
                                               COMPANY NAME

7.5 Projected Balance Sheet

    As you can see in the projected balance sheet, COMPANY NAME net worth will rise steadily each month and year. This is an
    increase in working capital and will fund future projects and expansion.

Table: Balance Sheet

Pro Forma Balance Sheet
                                                         FY 2011                 FY 2012                 FY 2013
Assets

Current Assets
Cash                                                    $526,338                $828,164              $1,171,929
Other Current Assets                                  $1,076,078              $1,076,078              $1,076,078
Total Current Assets                                  $1,602,416              $1,904,242              $2,248,007

Long-term Assets
Long-term Assets                                        $358,640                $358,640                $358,640
Accumulated Depreciation                                 $39,821                 $40,321                 $40,921
Total Long-term Assets                                  $318,819                $318,319                $317,719
Total Assets                                          $1,921,235              $2,222,561              $2,565,726

Liabilities and Capital                                  FY 2011                 FY 2012                 FY 2013

Current Liabilities
Accounts Payable                                        $124,246                $107,617                $111,269
Current Borrowing                                             $0                      $0                      $0
Other Current Liabilities                                     $0                      $0                      $0
Subtotal Current Liabilities                            $124,246                $107,617                $111,269

Long-term Liabilities                                         $0                      $0                      $0
Total Liabilities                                       $124,246                $107,617                $111,269

Paid-in Capital                                         $500,000                $500,000                $500,000
Retained Earnings                                     $1,003,049              $1,296,990              $1,614,944
Earnings                                                $293,941                $317,954                $339,513
Total Capital                                         $1,796,990              $2,114,944              $2,454,457
Total Liabilities and Capital                         $1,921,235              $2,222,561              $2,565,726

Net Worth                                             $1,796,989              $2,114,944              $2,454,457




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                Page 17
                                                     COMPANY NAME

7.6 Business Ratios

    Business ratios for the years of this plan are shown below. Industry profile ratios based on the Standard Industrial Classification (SIC)
    code 5521, (NAICS 441120) Used Car Dealers, are shown for comparison.

Table: Ratios

Ratio Analysis
                                                               FY 2011             FY 2012             FY 2013         Industry Profile
Sales Growth                                                    33.44%               4.35%               4.03%                  2.91%

Percent of Total Assets
Other Current Assets                                           56.01%              48.42%              41.94%                 28.07%
Total Current Assets                                           83.41%              85.68%              87.62%                 84.50%
Long-term Assets                                               16.59%              14.32%              12.38%                 15.50%
Total Assets                                                  100.00%             100.00%             100.00%                100.00%

Current Liabilities                                              6.47%               4.84%               4.34%                 38.53%
Long-term Liabilities                                            0.00%               0.00%               0.00%                 15.81%
Total Liabilities                                                6.47%               4.84%               4.34%                 54.34%
Net Worth                                                       93.53%              95.16%              95.66%                 45.66%

Percent of Sales
Sales                                                         100.00%             100.00%             100.00%                100.00%
Gross Margin                                                   38.36%              39.16%              39.76%                 19.38%
Selling, General & Administrative Expenses                     13.87%              15.62%              15.73%                  6.40%

Advertising Expenses                                             0.56%               0.17%               0.20%                  1.10%
Profit Before Interest and Taxes                                26.05%              27.01%              27.72%                  2.30%

Main Ratios
Current                                                           12.90               17.69               20.20                   1.84
Quick                                                             12.90               17.69               20.20                   0.80
Total Debt to Total Assets                                       6.47%               4.84%               4.34%                 60.32%
Pre-tax Return on Net Worth                                     23.37%              21.48%              19.76%                 17.42%
Pre-tax Return on Assets                                        21.86%              20.44%              18.90%                  6.91%




OWNER’S NAME – Tel. [INSERT NUMBER]                                                                                              Page 18
                               COMPANY NAME


Additional Ratios                       FY 2011      FY 2012      FY 2013
Net Profit Margin                        18.24%       18.90%       19.41%     n.a
Return on Equity                         16.36%       15.03%       13.83%     n.a

Activity Ratios
Accounts Payable Turnover                  10.18        12.17        12.17    n.a
Payment Days                                  27           32           30    n.a
Total Asset Turnover                        0.84         0.76         0.68    n.a

Debt Ratios
Debt to Net Worth                           0.07         0.05         0.05    n.a
Current Liab. to Liab.                      1.00         1.00         1.00    n.a

Liquidity Ratios
Net Working Capital                   $1,478,170   $1,796,625   $2,136,738    n.a
Interest Coverage                           0.00         0.00         0.00    n.a

Additional Ratios
Assets to Sales                             1.19         1.32         1.47    n.a
Current Debt/Total Assets                    6%           5%           4%     n.a
Acid Test                                  12.90        17.69        20.20    n.a
Sales/Net Worth                             0.90         0.80         0.71    n.a
Dividend Payout                             0.00         0.00         0.00    n.a




OWNER’S NAME – Tel. [INSERT NUMBER]                                          Page 19
                                                                              Appendix

Table: Sales Forecast

Sales Forecast
                                          Nov        Dec        Jan        Feb        Mar         Apr       May        Jun          Jul       Aug        Sep         Oct
Sales
Low-end vehicles                  0%   $20,000    $20,600    $21,218    $21,855    $22,511    $23,186    $23,882    $24,598    $25,336     $26,096    $26,879    $27,685
Average vehicles                  0%   $30,000    $31,800    $33,708    $35,730    $37,874    $40,146    $42,555    $45,108    $47,814     $50,683    $53,724    $56,947
High-end vehicles                 0%   $30,000    $32,100    $34,347    $36,751    $39,324    $42,077    $45,022    $48,174    $51,546     $55,154    $59,015    $63,146
Loan sales                        0%    $2,400     $2,568     $2,748     $2,940     $3,146     $3,366     $3,602     $3,854     $4,124      $4,413     $4,722     $5,053
Warranty sales                    0%      $600       $600       $600       $600       $600       $600       $600       $600       $600        $600       $600       $600
Other/consignments                0%   $10,000    $25,000    $25,000    $25,000    $20,000    $10,000    $10,000    $20,000    $20,000     $20,000    $25,000    $25,000
Total Sales                            $93,000   $112,668   $117,621   $122,876   $123,455   $119,375   $125,661   $142,334   $149,420    $156,946   $169,940   $178,431

Direct Cost of Sales                       Nov        Dec        Jan        Feb        Mar        Apr       May         Jun         Jul        Aug        Sep        Oct
Purchase of Vehicles for Resale   0%   $70,000    $72,100    $74,263    $76,491    $78,786    $81,150    $83,584    $86,092    $88,675     $91,335    $94,075    $96,897
Delete                            0%        $0         $0         $0         $0         $0         $0         $0         $0         $0          $0         $0         $0
Subtotal Direct Cost of Sales          $70,000    $72,100    $74,263    $76,491    $78,786    $81,150    $83,584    $86,092    $88,675     $91,335    $94,075    $96,897




                                                                                                                                                                 Page 1
                                                               Appendix

Table: Personnel

Personnel Plan
                           Nov      Dec      Jan      Feb      Mar      Apr     May       Jun       Jul      Aug      Sep      Oct
Owner/Manager      0%       $0       $0       $0       $0       $0       $0       $0       $0       $0        $0       $0       $0
Sales Manager      0%   $2,625   $2,625   $2,625   $2,625   $2,625   $2,625   $2,625   $2,625   $2,625    $2,625   $2,625   $2,625
Salesman           0%   $1,750   $1,750   $1,750   $1,750   $1,750   $1,750   $1,750   $1,750   $1,750    $1,750   $1,750   $1,750
Total People                 2        2        2        2        2        2        2        2        3         3        3        3

Total Payroll           $4,375   $4,375   $4,375   $4,375   $4,375   $4,375   $4,375   $4,375   $4,375    $4,375   $4,375   $4,375




                                                                                                                                     Page 2
                                                                              Appendix

Table: Profit and Loss

Pro Forma Profit and Loss
                                             Nov        Dec        Jan        Feb        Mar        Apr       May         Jun         Jul        Aug        Sep        Oct
Sales                                    $93,000   $112,668   $117,621   $122,876   $123,455   $119,375   $125,661   $142,334   $149,420    $156,946   $169,940   $178,431
Direct Cost of Sales                     $70,000    $72,100    $74,263    $76,491    $78,786    $81,150    $83,584    $86,092    $88,675     $91,335    $94,075    $96,897
Other Production Expenses                     $0         $0         $0         $0         $0         $0         $0         $0         $0          $0         $0         $0
Total Cost of Sales                      $70,000    $72,100    $74,263    $76,491    $78,786    $81,150    $83,584    $86,092    $88,675     $91,335    $94,075    $96,897

Gross Margin                             $23,000    $40,568    $43,358    $46,385    $44,669    $38,225    $42,077    $56,242    $60,745     $65,611    $75,865    $81,534
Gross Margin %                           24.73%     36.01%     36.86%     37.75%     36.18%     32.02%     33.48%     39.51%     40.65%      41.80%     44.64%     45.69%


Expenses
Payroll                                   $4,375     $4,375     $4,375     $4,375     $4,375     $4,375     $4,375     $4,375     $4,375      $4,375     $4,375     $4,375
Sales and Marketing and Other Expenses        $0         $0         $0         $0         $0         $0         $0         $0         $0          $0         $0         $0
Depreciation                                $100         $0         $0       $100         $0         $0       $100         $0         $0        $100         $0         $0
Delete                                        $0         $0         $0         $0         $0         $0         $0         $0         $0          $0         $0         $0
Office Operations                        $12,122    $12,122    $12,122    $12,122    $12,122    $12,122    $12,122    $12,122    $12,122     $12,122    $12,122    $12,122

Total Operating Expenses                 $16,597    $16,497    $16,497    $16,597    $16,497    $16,497    $16,597    $16,497    $16,497     $16,597    $16,497    $16,497

Profit Before Interest and Taxes          $6,403    $24,071    $26,861    $29,788    $28,172    $21,728    $25,480    $39,745    $44,248     $49,014    $59,368    $65,037
EBITDA                                    $6,503    $24,071    $26,861    $29,888    $28,172    $21,728    $25,580    $39,745    $44,248     $49,114    $59,368    $65,037
 Interest Expense                             $0         $0         $0         $0         $0         $0         $0         $0         $0          $0         $0         $0
 Taxes Incurred                           $1,921     $7,221     $8,058     $8,936     $8,452     $6,518     $7,644    $11,924    $13,274     $14,704    $17,810    $19,511

Net Profit                                $4,482    $16,850    $18,803    $20,852    $19,720    $15,210    $17,836    $27,822    $30,974     $34,310    $41,558    $45,526
Net Profit/Sales                          4.82%     14.96%     15.99%     16.97%     15.97%     12.74%     14.19%     19.55%     20.73%      21.86%     24.45%     25.51%




                                                                                                                                                                     Page 3
                                                                                     Appendix

Table: Cash Flow

Pro Forma Cash Flow
                                                    Nov        Dec          Jan        Feb        Mar         Apr       May        Jun         Jul       Aug        Sep         Oct
Cash Received

Cash from Operations
Cash Sales                                       $93,000   $112,668    $117,621    $122,876   $123,455   $119,375   $125,661   $142,334   $149,420   $156,946   $169,940   $178,431
Subtotal Cash from Operations                    $93,000   $112,668    $117,621    $122,876   $123,455   $119,375   $125,661   $142,334   $149,420   $156,946   $169,940   $178,431

Additional Cash Received
Sales Tax, VAT, HST/GST Received        0.00%         $0         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
New Current Borrowing                                 $0         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
New Other Liabilities (interest-free)                 $0         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
New Long-term Liabilities                             $0         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
Sales of Other Current Assets                         $0         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
Sales of Long-term Assets                             $0         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
New Investment Received                         $500,000         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
Subtotal Cash Received                          $593,000   $112,668    $117,621    $122,876   $123,455   $119,375   $125,661   $142,334   $149,420   $156,946   $169,940   $178,431

Expenditures                                        Nov        Dec          Jan        Feb        Mar         Apr       May        Jun         Jul       Aug        Sep         Oct

Expenditures from Operations
Cash Spending                                     $4,375     $4,375      $4,375      $4,375     $4,375     $4,375     $4,375     $4,375     $4,375     $4,375     $4,375     $4,375
Bill Payments                                     $2,801    $84,290     $91,543     $94,547    $97,610    $99,374    $99,909   $103,576   $110,269   $114,208   $118,356   $124,158
Subtotal Spent on Operations                      $7,176    $88,665     $95,918     $98,922   $101,985   $103,749   $104,284   $107,951   $114,644   $118,583   $122,731   $128,533

Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out                     $0         $0           $0         $0         $0         $0         $0         $0         $0         $0         $0         $0
Principal Repayment of Current                       $0         $0           $0         $0         $0         $0         $0         $0         $0         $0         $0         $0
Borrowing
Other Liabilities Principal                          $0         $0           $0         $0         $0         $0         $0         $0         $0         $0         $0         $0
Repayment
Long-term Liabilities Principal                      $0         $0           $0         $0         $0         $0         $0         $0         $0         $0         $0         $0
Repayment
Purchase Other Current Assets                   $150,000         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
Purchase Long-term Assets                             $0         $0    $250,000          $0         $0         $0         $0         $0         $0         $0         $0         $0
Dividends                                             $0         $0          $0          $0         $0         $0         $0         $0         $0         $0         $0         $0
Subtotal Cash Spent                             $157,176    $88,665    $345,918     $98,922   $101,985   $103,749   $104,284   $107,951   $114,644   $118,583   $122,731   $128,533

Net Cash Flow                                   $435,824    $24,003   ($228,297)    $23,954    $21,470    $15,626    $21,377    $34,383    $34,776    $38,363    $47,209    $49,898
Cash Balance                                    $443,576   $467,579     $239,282   $263,236   $284,706   $300,332   $321,709   $356,092   $390,868   $429,231   $476,440   $526,338

                                                                                                                                                                           Page 4
                                                                                    Appendix

Table: Balance Sheet

Pro Forma
Balance
Sheet
                                   Nov          Dec          Jan          Feb          Mar          Apr          May          Jun           Jul         Aug          Sep          Oct
Assets          Starting
                Balances

Current
Assets
Cash               $7,752      $443,576     $467,579     $239,282     $263,236     $284,706     $300,332     $321,709     $356,092     $390,868     $429,231     $476,440     $526,338
Other            $926,078    $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078   $1,076,078
Current
Assets
Total Current    $933,830    $1,519,654   $1,543,657   $1,315,360   $1,339,314   $1,360,784   $1,376,410   $1,397,787   $1,432,170   $1,466,946   $1,505,309   $1,552,518   $1,602,416
Assets

Long-term
Assets
Long-term        $108,640     $108,640     $108,640     $358,640     $358,640     $358,640     $358,640     $358,640     $358,640     $358,640     $358,640     $358,640     $358,640
Assets
Accumulated       $39,421      $39,521      $39,521      $39,521      $39,621      $39,621      $39,621      $39,721      $39,721      $39,721      $39,821      $39,821      $39,821
Depreciation
Total Long-       $69,219      $69,119      $69,119     $319,119     $319,019     $319,019     $319,019     $318,919     $318,919     $318,919     $318,819     $318,819     $318,819
term Assets
Total Assets    $1,003,049   $1,588,773   $1,612,776   $1,634,479   $1,658,333   $1,679,803   $1,695,429   $1,716,706   $1,751,089   $1,785,865   $1,824,128   $1,871,337   $1,921,235




                                                                                                                                                                            Page 5
                                                                                    Appendix


Liabilities                        Nov          Dec          Jan          Feb          Mar          Apr          May          Jun           Jul         Aug          Sep          Oct
and Capital

Current
Liabilities
Accounts               $0      $81,241      $88,395      $91,295      $94,298      $96,048      $96,464      $99,905     $106,466     $110,269     $114,222     $119,874     $124,246
Payable
Current                $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
Borrowing
Other                  $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
Current
Liabilities
Subtotal               $0      $81,241      $88,395      $91,295      $94,298      $96,048      $96,464      $99,905     $106,466     $110,269     $114,222     $119,874     $124,246
Current
Liabilities

Long-term              $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0           $0
Liabilities
Total                  $0      $81,241      $88,395      $91,295      $94,298      $96,048      $96,464      $99,905     $106,466     $110,269     $114,222     $119,874     $124,246
Liabilities

Paid-in                $0     $500,000     $500,000     $500,000     $500,000     $500,000     $500,000     $500,000     $500,000     $500,000     $500,000     $500,000     $500,000
Capital
Retained        $1,139,726   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049   $1,003,049
Earnings
Earnings        ($136,677)       $4,482      $21,332      $40,135      $60,986      $80,707      $95,916     $113,752     $141,574     $172,547     $206,857     $248,415     $293,941
Total Capital   $1,003,049   $1,507,531   $1,524,381   $1,543,184   $1,564,035   $1,583,756   $1,598,965   $1,616,801   $1,644,623   $1,675,596   $1,709,906   $1,751,464   $1,796,990
Total           $1,003,049   $1,588,773   $1,612,776   $1,634,479   $1,658,333   $1,679,803   $1,695,429   $1,716,706   $1,751,089   $1,785,865   $1,824,128   $1,871,337   $1,921,235
Liabilities
and Capital

Net Worth       $1,003,049   $1,507,531   $1,524,381   $1,543,184   $1,564,035   $1,583,756   $1,598,965   $1,616,801   $1,644,623   $1,675,596   $1,709,906   $1,751,464   $1,796,989




                                                                                                                                                                            Page 6
                                                               Appendix

INFORMATION AND FORMS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND
INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS
FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS,
ETC., BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF
PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE
THE MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. They are for
guidance and should be modified by you or your attorney to meet your specific needs and the laws of your state or jurisdiction. Use at
your own risk. Docstoc® is NOT providing legal or any other kind of advice and is not creating or entering into an Attorney-Client
relationship. The information, reports, and forms are not a substitute for the advice of your own attorney. The law is a personal matter
and no general information or forms or like the kind Docstoc provides can always correctly fit every circumstance.

Note: Carefully read and follow the Instructions and Comments contained in this document for your customization to suit your specific
circumstances and requirements. You will want to delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”)
after reading and following them. You (or your attorney) may want to make additional modifications to meet your specific needs and the
laws of your state. The Instructions and Comments are not a substitute for the advice of your own attorney.

◊ Where within this document you see this symbol: ◊ or an instruction states “Insert any number you choose◊,” or something similar, or
there is a blank for the user to complete, please note that although Docstoc believes the information or number may be any that the user
chooses, and that there is no law governing what the information or number should be, you might want to verify this, including by
consulting with your own attorney practicing in your state. Because the law is different from jurisdiction to jurisdiction and the laws are
subject to change, Docstoc cannot guarantee—and disclaims all guarantees—that it is correct for the information or number to be
anything that the user chooses.

The information, forms, instructions, tips, comments, decision tree alternatives and choices, reports, and services in and through Docstoc
are not legal advice, but are general information / forms on general issues often encountered designed to help Docstoc users, members,
purchasers, and subscribers address their own needs. But information, including tips, general forms, instructions, comments, decision
tree alternatives and choices, and reports, no matter how seemingly customized to conform to the laws and regulations applicable to you,
is not the same as legal advice, which may be the specific application of laws and regulations by lawyers licensed to practice law in your
state to the specific circumstances and needs of individuals and entities. Some states, counties, municipalities, and other governmental
divisions, have highly specific laws and regulations, and our information / forms / reports may not take all those specific laws and
regulations into consideration, although we tried to do so.

Docstoc is not a law firm and the employees and contractors (including attorneys, if any) of Docstoc are not acting as your attorneys, and
none of them are a substitute for the advice of your own attorney licensed to practice law in your state. The employees or contractors of
Docstoc, who wrote or modified any form, instructions, tips, comments, decision tree alternatives and choices, and reports, are NOT
providing legal or any other kind of advice and are not creating or entering into an Attorney-Client relationship. Any such form,
instruction, tips, comments, decision tree alternatives and choices, and reports were most likely NOT prepared or reviewed by an
attorney licensed to practice law in your state, and, therefore, the employees or contractors could not provide you with legal advice even
if they or Docstoc wanted to. Even though we take every reasonable effort to attempt to make sure our information / forms / reports are
accurate, up to-date, and useful, we recommend that you consult a lawyer licensed to practice law in your state if you want professional
assurance that our information, forms, instructions, tips, comments, decision tree alternatives and choices, and reports; your
interpretation of it or them; and the information and input that you provide are appropriate to your particular situation. Application of
these general principles and wording to particular circumstances should be done by a lawyer who has consulted with you in confidence,
learned all relevant information, and explored various options. Before acting on these general principles and general wording, you might
want to hire a lawyer licensed to practice law in the jurisdiction to which your question pertains. The information, forms, instructions,
tips, comments, decision tree alternatives and choices, and reports, available on and through Docstoc are not legal advice and are not
guaranteed to be correct, complete, accurate, or up-to-date. Because the law is different from jurisdiction to jurisdiction, they are subject
to changes, and there are varying interpretations and applications by different courts and governmental and administrative bodies, and
Docstoc cannot guarantee—and disclaims all guarantees—that the information, forms, and reports on or through the site and services are
completely current or accurate. Please further note that laws change and are regularly amended; therefore, the provisions, names, and
section numbers of statutes, codes, or regulations, and the types of permits or licenses within any forms or reports, may not be 100%
correct, as they may be partially or wholly out of date and some relevant ones may have been omitted or misinterpreted.
Docstoc is not permitted to engage in the practice of law. Docstoc is prohibited from providing any kind of advice, explanation,
opinion, or recommendation to a consumer about possible legal rights, remedies, defenses, options, selection, or completion of
forms or strategies.
Communications between you and Docstoc may be protected by our Privacy Policy (http://premium.docstoc.com/privacypolicy), but are
NOT protected by the attorney-client privilege or work product doctrine since Docstoc is not a law firm and is not providing legal
advice. No Docstoc employee, contractor, or attorney is authorized to provide you with any advice about what information
(again, which includes forms) to use or how to use or complete it or them.

Entire      document        copyright       ©       Docstoc®,        Inc.,      2010       -      2013        All      Right       Reserved




                                                                                                                                   Page 7
                                                               Appendix


				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:2738
posted:12/20/2011
language:English
pages:31
Description: This Business Plan for a Used Car Dealership allows entrepreneurs or business owners to create a comprehensive and professional business plan. This template form allows a business to outline the company's objectives and detail both current company information as well as any past performance. Companies should include a complete market analysis in their plan to help showcase why their business strategy will be effective in the market. Future company plans, including production targets, management strategy, and financial forecasting, should be used to demonstrate and confirm that the company's short-term and long-term objective can and will be met. This model plan can be customized to best fit the unique needs of any entrepreneur or owner that is seeking to create a strong business plan.