Plant & Equipment Hire Business Model - Three Statement Analysis
Originally published: 30/05/2022 11:44
Last version published: 07/03/2023 11:23
Publication number: ELQ-92787-2
View all versions & Certificate
certified

Plant & Equipment Hire Business Model - Three Statement Analysis

This Plant & Equipment Hire Business Model is suitable for Startups or Expansion

Description
Fantastic yet simple spreadsheet to analyze the viability of starting or expanding a Building Equipment Hire Company. The Input fields are basic for anyone to follow. You have the following automated Sheets: Cash Flow Analysis, Income Statements, Balance Sheets, Product by Product Analysis, Dashboard and a Business Plan Template. The Business Plan Template will automatically import certain Financial data so as to save time and improve efficiency. You have automated loan amortization and depreciation schedules which are brought into the Income Statement and Balance Sheets. This is a dynamic spreadsheet in that it allows for incremental turnover and cost appropriations. The basic input fields allow you to estimate the useful lifespan of each and every item, as well as the expected maintenance of these types of machinery or equipment. This 5 year model together with the Business Plan Template will allow you to use it as a model to raise capital with funders as well as satisfy yourself with the viability. The product by product analysis automatically ranks the equipment in terms of income generated as well as ROI percentages against the capital amount of each item. You are able to select either the number of hours or the number of days per month that you expect the item to be out on hire. It is also possible to have your machinery hired out on an hourly rate plus a daily rate together in a given month. This three statement model is best suited to a user that wishes to plan their business with precision and is easily expandable with all formulas open and written in a non-complex and understandable manner.

This Best Practice includes
Excel Template

Acquire business license for $47.00

Add to cart

Add to bookmarks

Discuss

Further information

The Best Practice Business Model is industry-specific to the Plant and Equipment Hire styled business

Startup or expanding an Equipment Hire Business


0.0 / 5 (0 votes)

please wait...