Car Repair and Maintenance

“Ultimate Business Planner” is a Windows based software tool that significantly eases the burden of writing a formal business plan. It guides you through each business-planning step quickly and easily.

“Ultimate Business Planner” is a Windows based software tool that significantly eases the burden of writing a formal business plan. It guides you through each business-planning step quickly and easily.

Though my wholesale building supply business is profitable, I can’t help feeling we’re not operating up to our potential. As the company’s leader, what can I do to give us the needed push?

Mid City Body And Frame

Owners bought this business from their employer and have 26 employees!

Owner/Founder
Susan and David D'Amore
My Location
Manchester NH
United States
Employees
26
My Successes

When David D'Amore had the opportunity to buy his employer's auto body business, the banker who wanted to help him sent him to SCORE for help with his business plan and financial planning. Shep Bartlett has a history of helping with these kinds of transactions; however, the deal became complicated when the existing owner suddenly died. Together, Shep and David worked with lawyers, bankers and the estate to keep the deal alive and ultimately carry it to a successful conclusion.

 

Today, David and Susan run Mid City Body and Frame together, with Susan managing the front office and David out on the shop floor.

What's Great About My Mentor?

"It was amazing how Shep Bartlett found solutions to some of our start up problems"

Bush Hill Motorcycles

Starting with a weekend repair business, Tom now has opened his own shop with employees in Hudson

My Location
Hudson NH
United States
My Successes

A mechanic for 30 years with Lowell Regional Transit Authority, motorcycles have long been Tom Vayo’s passion. Bush Hill Cycle works began in 2003 with Tom fixing bikes on weekends in his Hudson, N.H. garage, but zoning issues and a desire to have a real shop of his own in which to pursue his interest full-time led him on a path that ultimately put him in touch with SCORE counselor John Post.

Tom knew what he wanted to do, but needed help focusing on the business aspects. John prodded him with questions regarding the industry’s culture, the atmosphere he wanted to create with the shop, competition, staffing, pricing, products and services to be offered and more, helping Tom analyze these factors and make intelligent decisions. Several months were spent fleshing out cash flow. Ultimately, Tom found and purchased on old motorcycle shop in Hudson, financing the deal with a home equity line.

Tom cleaned up the place, opening it in 2005 as a shop where motorcycle enthusiasts of all types are welcome and comfortable. With his wife, Laurie, as finance guru and customer service contact, Bush Hill Cycle Works specializes in repairs and routine maintenance of motorcycles new and old, foreign and domestic, in addition to stocking many parts and accessories. Sales have increased each year, and even after more than four years, John Post continues to get together regularly with Tom and serve as an advisor.

Bush Hill Cycle is doing so well they are considering moving to larger space.

What's Great About My Mentor?

“John has provided great ideas, helped develop our business plan and keep it updated, assisted immensely in our financial projections, and put us on course for profitability and success. He’s stuck with us from the beginning. SCORE is one of the only places a little guy can go to get good advice from experience businesspeople—and it’s free.”

How SCORE Helped

   “(Score Counselor) John (Post) has provided great ideas, helped develop our business plan and keep it updated, assisted immensely in our financial projections, and put us on course for profitability and success."

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All entrepreneurs should write a business plan, but if you are trying to raise investment
capital, a written plan that conveys your vision to potential investors is a must.

The truth is that many successful businesses were started without business plans. While that may be fine for the likes of a few people, it’s generally not a good idea. If you're going to start a business, the smartest approach is to write a business plan.

The Business Plan

A business plan provides you with a comprehensive, detailed overview of all the aspects of your business. This overview is the skeleton of your business—the underlying structure that provides the basis of your entire operation. Prepared in advance, a business plan allows you to review the pros and cons of your proposed business before you make a financial and emotional commitment to it.

There are three reasons to create a written business plan:

Please go to our Official Silicon Valley SCORE website at www.svscore.org

 

This spreadsheet walks you through the process of developing an integrated set of financial projections.
 

 

This spreadsheet walks you through the process of developing an integrated set of financial projections.
 

The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order that you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your type of business. When you are finished writing your first draft, you’ll have a collection of small essays on the various topics of the business plan. Then you’ll want to edit them into a smooth-flowing narrative.

 

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