Artisan Contractor Business – 5 Year Financial Model

Description
Artisan contractors, also known as Special Trade Contractors, are businesses with skilled workers who perform their jobs with tools on a customer’s premises. These types of contractors are focused on one or two parts of an overall project. Examples of the diverse group of occupations under the artisan contractors include Electricians, Plumbers, Carpenters, Painters, HVAC specialists and many more.
This Financial Model presents an advanced 5-year financial plan for a startup or operating Artisan Contractor Business and is a flexible tool for owners to forecast business financial and operational activities. It includes assumptions and calculations of Customer acquisition through Location metrics and Marketing (paid and organic), Revenue from 6 different service types, Direct & Indirect Payroll, Cost of Services & Operating Expenses, Fixed Assets & Depreciation, Financing through Debt & Equity and Exit Valuation assumptions in case of a potential sale of the business.
The structure of the template follows Financial Modeling Best Practices principles and is fully customizable.
Detailed instructions for the functionality of the model are included in the Excel file.


Model Inputs and Setup Reports:
• General Setup Assumptions incl. Starting Expenses (in case business is a startup), Revenue & Cost of Service Assumptions and Financing (Debt & Equity)
• Yr1 Direct & Indirect Payroll, incl. Hiring Schedule of FTEs per Position/Month, Salary per FTE, Payroll Taxes & Benefits, and two different Bonus Schemes.
• Yr1 OpEx and Annual Capex incl. Depreciation Schedule
• Yr1 Revenue & Cost of Services Calculations per service type
• Forecast Scenarios
• Payroll and Operations Forecast Calculations


Starting Year Output Reports:
• Yr1 Budget and Actual Reports
• Yr1 Profit & Loss Statement Summary
• Yr1 Budget vs. Actual Variance Analysis at a YTD and Monthly level


5-Year Forecast Output Reports:
• Annual Financial Statements (3 Statement model)
• Break-Even Analysis
• Profitability Analysis per service category and Year
• Financial Ratios, including several Profitability, Efficiency, Liquidity, and Leverage (Solvency) Ratios
• Performance Dashboard
• Business Valuation, including DCF Model, Return Metrics (NPV, EV, IRR, MOIC, ROI, etc.), and Sensitivity Analysis
• Professional Executive Summary


Help & Support
Committed to high quality and customer satisfaction, all our templates follow best-practice financial modeling principles and are thoughtfully and carefully designed, keeping the user’s needs and comfort in mind.
Whether you have no experience or are well-versed in finance, accounting, and the use of Microsoft Excel, our professional financial models are the right tools to boost your business operations!
If you experience any difficulty while using this template and cannot find the appropriate guidance in the provided instructions, please feel free to contact us for assistance.
If you need a template customized for your business requirements, please e-mail us and provide a brief explanation of your specific needs.