The sailing, sightseeing cruise, and boating tour space saw a 44% growth during recent years. This industry is on the rise and consumers are taking to the water to experience everything these tours have to offer
It is no secret that starting any business plan from scratch is not easy.
If you dream to start a boat touring business, the template is the first step in making your dream into reality, it is constructed based on solid experience and highly analytical skills that will lead to guarantee your success.
The model clearly shows the profit and loss result, the required capital for startup, the fixed assets needed to start, the use of the funds, the description of the operating expense needed to run the operation, etc.
This plan is also essential to document to the bank when applying for a loan, or to an investor when applying for equity funding, having a well thought out business plan shows you have analyzed your idea and help give investors an overview of the risk and potential rewards of investing
Very simple to use, the user only needs to fill the green cells in the green tabs and the outputs are updated instantly
So, a quick overview of the model, in the contents sheet you can see the structure of the model, and by clicking on any of the headlines will automatically be redirected to the relevant sheet
Why the Model is detailed?
As you know success is about 85% planning and only 15% execution
Erase all the data in the green cells only
Update the general info on the Front Page
Fill the green cells only in the green tabs
The data will dynamically flow into the following below
-Profit and loss statement by month including 3 major components, gross profit, EBITDA, and net profit
-Balance sheet by month including total assets, total liability, and owners’ equity
-Cash flow by month with 3 outputs such as operating cash flow, investing cash flow, and financing cash flow
-Ratios with 4 main components, as profitability ratio, efficiency ratio, liquidity ratio, and solvency ratio
-Break-even point including value as well as margin of safety
-Profit and loss statement for 10 years including 3 major components, gross profit, EBITDA, and net profit
-Balance sheet for 10 years including total assets, total liability, and owners’ equity
-Cash flow for 10 years with 3 outputs such as operating, investing, and financing cash flow
-Business valuation using discounted cash flow, with 2 main outputs such as intrinsic value and market capitalization
-Calculation for the WACC and capital required
-Regular and discounted payback period
Conclusion and customization
Highly versatile, very sophisticated financial template and user-friendly
If you have any inquiry, modification or to customize the model for your business please reach us through: [email protected]
Excel Version – .xlsx
Free Version – .pdf