I'm not a machinist, but rather a consulting dork who really digs machine shops and one day aspires to open his own.
I recently helped put together a financial model for a machine shop owner & friend as a part of his business plan to get a loan. He found the model super useful so I'm keen on passing it along.
We all know that the only thing that's for sure about a financial model is it's wrong, but tinkering with the assumptions and scenarios helped him nail down capital constraints and where best to allocate limited resources. Not to mention the lenders were impressed that he had demonstrated a thought-out plan, even if it was simply a plan to deviate from.
I'm happy to email the fully-functional .xlsx version of the model. Free and no strings attached. My only ask is feedback on how I can make the next version even more useful for the machine shop industry. Y'all don't nearly get the credit you deserve.
I recently helped put together a financial model for a machine shop owner & friend as a part of his business plan to get a loan. He found the model super useful so I'm keen on passing it along.
We all know that the only thing that's for sure about a financial model is it's wrong, but tinkering with the assumptions and scenarios helped him nail down capital constraints and where best to allocate limited resources. Not to mention the lenders were impressed that he had demonstrated a thought-out plan, even if it was simply a plan to deviate from.
I'm happy to email the fully-functional .xlsx version of the model. Free and no strings attached. My only ask is feedback on how I can make the next version even more useful for the machine shop industry. Y'all don't nearly get the credit you deserve.