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Rental Business Excel Financial Projection Model

Highly versatile and User-friendly 3 statement 5 year rolling financial projection Excel model for a startup or existing rental business

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€‎49.00

Highly versatile and user-friendly Excel model for the preparation a of 5-year rolling 3 statement (Income Statement, Balance Sheet and Cash flow Statement) financial projection with a monthly timeline for a startup or existing rental business generating revenue by renting transport or other equipment (e.g. cars, bikes, scooters etc) on a single or membership basis.

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The model allows the user to model up to 5 rental categories and 8 variable costs categories for each rental category as well as marketing costs, staff costs, other operating costs, fixed assets and borrowings.

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The model follows good practice financial modelling principles and includes instructions, line item explanations, checks and input validations and incorporates a discounted cash flow valuation calculation using the projected cash flows.

KEY OUTPUTS

  • Full projected financial statements (Income Statement, Balance Sheet and Cash flow Statement) presented on a quarterly basis across 8 years and summarised on an annual basis.

  • Dashboard with:

    • Summarised projected Income Statement and Balance Sheet;

    • Compounded Annual Growth Rate (CAGR) for each summarised income statement and balance sheet line item;

    • List of key ratios including average revenue growth, average profit margins, average return on assets and equity and average Debt to Equity ratio;

    • Bar charts summarising income statement and balance sheet projections;

    • Table summarising gross profit margin by rental asset category;

    • Revenue by category and volume of rentals over time presented in a pie-chart and bar-chart format;

  • Discounted cash flow valuation using the projected cash flow output.

KEY INPUTS

Setup Inputs:

  • Name of business;

  • Currency;

  • First projection year and month;

  • Naming for rental asset categories, variable cost categories, staff costs, marketing costs, operating costs, fixed assets and borrowings;

  • Sales tax applicability for rental categories, variable costs, other expenses and fixed assets.

 

Actuals Inputs:

  • Opening balance sheet (for existing businesses);

  • Income Statement actuals (for trend analysis);

 

Projection Inputs:

  • Rental asset inputs including number of assets, utilisation rate per asset, percentage single vs membership utilisation, additional amounts and useful life;

  • Membership rental revenue including customer additions, cancellation rates, and membership price per months;

  • Single rentals revenue including rental basis (daily or hourly) and rental rate per day/hour;

  • Variable costs per rental asset including expected increase per annum and average settlement period;

  • Staff cost inputs including staff numbers, average salary per full time position, average employer’s social security percentage of salary, average annual bonus and bonus payment months;

  • Other costs inputs including marketing costs and other expenses;

  • Sales and corporate tax inputs including rate and payment periods;

  • Dividend inputs including amount (percentage of retained earnings) and frequency;

  • Fixed assets including addition amounts and useful life;

  • Borrowings including addition amounts and interest rate;

  • Share capital additions;

  • Discount rate inputs (for valuation calculation).

MODEL STRUCTURE

The model comprises of 9 tabs split into input ('i_'), calculation ('c_'), output ('o_’) and system tabs. The tabs to be populated by the user are the input tabs ('i_Setup', ‘i_Actuals’ and 'i_Assumptions'). The calculation tab uses the user-defined inputs to calculate and produce the projection outputs which are presented in 'o_Fin Stats', ‘o_Charts’ and ‘o_DCF’.

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System tabs include:

  • A 'Front Sheet' containing a disclaimer, instructions and contents;

  • A checks dashboard containing a summary of checks by tab.

KEY FEATURES

  • The model follows good practice financial modelling guidelines and includes instructions, line item explanations, checks and input validations;

  • The model contains a flexible timeline that allows for a mix of actual and forecast period across a 5-year period. This allows projections to be easily rolled forward as forecast periods become actual period;

  • Timeline is split on a monthly basis and summarised on an annual basis;

  • The model allows the user to model up to 5 rental categories on membership basis and single rental basis;

  • The model is not password protected and can be modified as required following download;

  • The model is reviewed using specialised model audit software to help reduce risk of formula inconsistencies;

  • The model allows for the following number of underlying categories for each line item (these can be easily expanded if required):

    • Rental asset categories – 5 categories;

    • Variable costs – 8 categories;

    • Marketing costs – 5 categories;

    • Staff costs – 8 categories;

    • Other operating expenses – 15 categories;

    • Other fixed assets – 5 categories;

    • Borrowings – 3 facilities

  • Apart from projecting revenue and costs the tool includes the possibility to model receivables and payables, fixed assets, borrowings, dividends and corporate tax;

  • Business name, currency, starting projection period are fully customisable;

  • Revenue, cost and fixed asset descriptions are fully customisable;

  • The model included an integrated discounted cash flow valuation using the projected cash flow outputs;

  • The model includes instructions, line item explanations, checks and input validations to help ensure input fields are populated accurately;

  • The model includes a checks dashboard which summarises all the checks included in the various tabs making it easier to identify any errors.

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