Home > Business Plans > Automotive Repair Service - Financial Considerations

1. Printable Version
2. Download PDF
3. Cite this Page
4. Tweet This

FINANCIAL CONSIDERATIONS

Categorically, operating expenses fall into the following five categories:

Operational Expenditures

1. Administrative:
   Legal Counsel
   Promotional/marketing
   Accounting
   Interest and other items
2. Facilities:
   Utilities (communications, electrical, gas, water, sewer)
   Specialized Equipment (Shop-owned tools/equipment, paint, and frame repair equipment)
   Specialized Recycling and Disposal Services
3. Human Resources:
   Compensation (hourly pay, benefits, fringe benefits/bonus program)
4. Part and Non-Part Inventories:
   Miscellaneous (general assembly parts, general non-part shop supplies)
5. Vehicle Expenditures:
   Business-Owned Vehicle (business continuity required vehicles)

Join eNotes

The above is a free excerpt. Get total access to this content with the:

eNotes Pass

1. Introduction
2. Executive Summary
3. Revenue Model
4. Primary Business Challenges
5. Promotional Considerations
6. Business Interdependencies
7. Location & Facilities
8. Critical Success Factors
9. Community Involvement
10. Financial Considerations