Financial Modelling Tool for Bike Shops
If you own a business, you need to ensure that you have accurate and up to date financial forecasts. Brixx gives your bicycle shop the tools to deliver the financial information needed as and when you need it.
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Who can use this Brixx template?
- Bike shop owners
- Bike chain managers
- Franchise owners
Brixx is great for:
- Anyone with an understanding of the overall business
- Not just an accountant or FD
What are the benefits to bike shop owners?
- The template accurately represents a current business model, encompassing all facets of the biking industry
- User-friendly and straightforward, featuring clear, easy-to-read results and graphs
Easily visualize the impact of additional income streams such as loans - Receive immediate feedback when exploring various scenarios, like special sales campaigns or new cycle launches
Visionary planning with Brixx
- Understanding sales impact on overall profit
- Proof of potential earnings planning for acquiring extra funding, e.g. bank loans
- Early preparation for lean periods like the winter season
- Resource planning for overheads such as new hires
- Budgeting for new firms or business locations
How to use the template
The components of your bike shop
This Brixx template encompasses every aspect of your bike shop business, covering sales, costs, and business assets comprehensively. With Brixx, you can model all facets of your business and easily adjust and expand your model to accurately mirror your business’s unique structure and operations.
Adding data to forecast your bike shop
Enter a forecast for each component spanning the next three years. Sales forecasts encompass unit prices and quantities, while costs of sale and OTR expenses are automatically computed from your forecasts.
Dive into reports with Brixx
Brixx models manage double-entry accounting for you, freeing you up to focus on understanding your business. Brixx produces comprehensive 3-way reports (cash flow, profit & loss, and balance sheet) based on your model, alongside a financial dashboard. Drill down into each report to trace the source of your figures.
Evaluate your actual performance with your forecast
Monitor your monthly business performance by comparing forecasted and actual values for each sales and cost category. Identify strong areas and pinpoint where improvements are needed. Use these insights to refine your forecasts and enhance planning precision.
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- All Features
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- Customer Support
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“With Brixx, the time, accuracy and ease of generating reports is much more efficient for my clients.”
Malcolm Veall, Naked AccountingFinancial projection software for bike shops
Like any business, bike shops need financial forecasting tools to plan for future expenses, revenue, and growth. Financial forecasting allows bike shop owners and managers to anticipate changes in the market, assess the potential success of new products or services, and make informed decisions about investments and expenditures. By forecasting their finances, bike shops can better manage their cash flow, identify potential financial risks, and make adjustments to their business strategies as needed to ensure their long-term financial stability.
Brixx is built on 20+ years of business modelling experience with a whole host of features, so you’ll know you can trust the results. This means that you can confidently launch and forecast the future of your bike shop.