Introduction Financial planning is a critical aspect of management since it determines the feasibility of a business (Nunes & Machado 2014). In the dynamic business environment, it is important to integrate financial management tools (Myerson 2015). This report presents detailed financial projections of an automobile repair business. Specifically, the analysis focuses on fixed and variable costs, budgeted profit, cash flow, and breakeven analysis. In addition, the paper outlines the potential risks that the business might face. Summary of the Business Idea Gary Automobile Clinic is a modern motor vehicle service centre located in Tyson region and exists within the Automobile service industry. The company specializes in repairing vehicles and general service. The business targets saloon and SUV vehicles. Among the notable service charters include body repair, engine work, upholstery, and suspension. Although there are several competitors in the market offering the same services, the proposed business offers customized and bundled services in the form of standard and premium options for car repair (Sostrin 2013). The customization and bundled service charter is part unique competitive advantage (Oakland 2014). Another critical success factor is competitive pricing with the average price set at SAR15.06 per service bundle (Singh & Singh 2014). In addition, the company offers a series of after sales services such as free car wash and general waxing (Osterwalder & Pigneur 2013). Outline and Discussion of Key Fixed and Variable Costs Variable costs are expenses that change depending on the level of production output while fixed costs do not change whether productivity increases or decreases. In relation to Gary Automobile Clinic, the fixed costs are utility expenses, insurance, salaries, taxes, and rent. The variable costs are machinery, spare parts, production supplies such as oil and grease, utility costs, and sales commissions. The business will plan for fixed costs such as annual rent, the insurance premiums, annual salaries for employees, and fixed utility expenses such as electricity and water. At the same time, the company will experience changing costs associated with the number of service bundles sold. For instance, the cost of utilities such as gas, sales commissions, grease and oil, machinery, and spare parts will vary depending on the level productivity. The fixed and variable costs were estimated based on the expected productivity level for the first year of operation (see table 1). Table 1. Fixed and variable costs. Fixed Costs                               Variable Costs Item                                      Cost            Item                                  Cost    Utility Expenses (Electricity and water)  43,500          Machinery                             47,000  Insurance                                 45,000          Spare parts                           150,000 Loan Repayment                            145,000         Production supplies (grease and oil)  40,000  Rent                                      99,600          Variable utilities such as gas        30,000  Taxes                                     20,000          Sales commissions                     15,000   The highest cost will be incurred in procuring spare par