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Sean

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Posts posted by Sean

  1. I am using a program called live plan to write my business plan. They have a lot of example business plans that you can see and utilize, you can actually import parts of the example directly into your template. The nice thing is liveplan walks you through everything and it's intuitive, much more so than sitting down and trying to do it in microsoft word.

    Here is the website check it out:http://www.liveplan.com/

     

    Also a note on break even analysis, it took me a while to figure out how to do this but the best I have found is to calculate gross profit percentage and then use that as follows:

    • Gross profit margin percentage = Gross Profit/ Gross Sales (GM = GP/ GS)
    • Break-even sales revenue = total fixed costs/gross profit margin percentage. (BR = FC/GM)

    Hope this helps.

  2. Hello everyone I wanted to introduce myself, my name is Sean and I am considering purchasing an auto repair shop. I would like to thank the forum members for all the posts and useful information on this site. What a tremendous resource.










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