Looking for auto rental business plans? The content of an auto rental business plan will depend significantly on whether your business is already in operation or you're just starting out. If you already operate an auto rental business, show a past performance table with 3 years of financials (profit and loss and balance sheets) summarized in a concise graph and table. Also talk about any lingering management team gaps, successes and failures, and provide a SWOT analysis for potential new revenue streams in the coming 3-5 years. If you need a line of credit or a bank loan, 3-year financials will suffice; if however you need investor capital, go 5 years. For a start-up rental company, some other questions are more important:
• Who will you compete with most directly -- Hertz and Avis, etc., or smaller independents near you?
• How many cars do you need to acquire to launch and at what average price point?
• How will you market your business to potential customers?
• Who is on the management team?
• How will you spend the seed capital you get, by category?
In either event, the business plan will need a full financial pro forma that shows the reader your potential sales benchmarks and expenses over a period of 3-5 years. Revenue and break-even forecasts, along with P&L, cash flow, and balance sheets, will be required of any lender or investor. Also supply a careful market analysis for the local market. MasterPlans has written for both start-up and established car rental locations, and we can get you a funding-ready business plan in record time. Call today to speak with a consultant about your project. 877-453-2011, toll-free, 8:00 to 5:30 PST.
