MGT2208 Business Plan: Easy Wash Operations and Financials

This project presents a comprehensive business plan for Easy Wash, a car wash service, encompassing operations, financial projections, and marketing strategies. The plan includes an operations plan detailing location, management, human resources, and risk analysis. The financial section features an assumption sheet, sources and application of funds, detailed equipment lists, and pro forma financial statements including cash flow forecasts for best, worst, and realistic scenarios over two years, projected income statements, and balance sheets. The marketing plan outlines the product, target customers, market research, competition analysis, and marketing strategies. The project also includes an implementation schedule, bibliography, and appendices with staff positions and resumes. This business plan provides a detailed analysis of the car wash's potential for success.

Running head: BUSINESS PLAN
Business Plan
Name of the Student:
Name of the University:
Author’s Note:

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Cash Flow Forecast
The cash flow forecast has been well done for the Easy-wash company with the help of
various cash flows that the company would be well receiving for a defined period of time. The
cash flow forecast has been prepared monthly for the company in which the various sales level
that the company have forecasted and the actual sales done has been incorporated. The various
types of expenses that the company would be experiencing has also been undertaken into
consideration marking as cash outflows. It is important to note that the contribution that would
be done from the equity would be around $50,000 and the finance that would be coming from
debt sources would be around $45,300 making a total of $95,300. The cash flows has been
specifically drawn down for a sum of two years in which we have well taken the changes that
would be drawn. In the second year, realistic cash flows we have well taken an increase in the
sales level of the company by around 5% which would be remaining constant for the company.
On the other hand in order to well account for inflation, increasing sales and rising costs a 5%
rise was done in the overall operational cost that the company would be incurring (O’Donnell &
Dahl-Popolizio, 2018).
Base Case Scenario: In the base case scenario, the total sales have been taken at around $77,300
and the same is well expected to come from a base level of sales of $75,000 and additional
income of $2,300 on a monthly basis. In this case the expenses for the company is expected to
remain at the same level (Costa et al., 2017).
Worst Case Scenario: In the worst case scenario, the total sales that would be taken for the
company would be taken at a decreasing rate of around 2.5% for the company. On the other hand
with the fall in the expenses the expenses of the company at the same time would be increasing

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at a rate of 2.5% for the company were some of the assumptions made while drawing up the cash
flow statement.
Optimum Case Scenario: If the business outcomes goes to good for the company than it is
expected that the sales of the company would be increasing by around 2.5% on a monthly basis.
On the other hand the same treatment would be done for the operational expenses of the
company which would increase at a rate of 2.5% for the company.
In all of the case it is important to note that the business would be incurring a stable amount of
profit and this is well dependent on the various scenario’s that have been drawn down for the
company financials.

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Bibliography
Costa, J., Doherty, A., Wohlrab, A., Kooker, M., & Scott, T. (2017). CENTRAL HUDSON
BUSINESS PLAN.
Kahn, M. J., & Baum, N. (2020). Entrepreneurship and Formulating Business Plans. In The
Business Basics of Building and Managing a Healthcare Practice (pp. 37-41). Springer, Cham.
O’Donnell, R., & Dahl-Popolizio, S. (2018). Business Entrepreneurship: The Integrated
Behavioral Health Business Plan. In Training to Deliver Integrated Care (pp. 143-159).
Springer, Cham.
Wagner, R. A. (2019). The Business-Model ‘Flag’: A Visualization Tool for Pitching
Financials. Available at SSRN 3409229.