Timely Trucking will offer the following services for businesses in the Northwest:
To maintain its competitiveness in its core services, Timely Trucking will NOT offer:
In the future, Timely Trucking will add the following services:
Trucks are operated by qualified and well-trained drivers with spotless records. Drivers are safety trained and re-tested for knowledge of laws as they change. A dedicated suite of software and communication systems will allow for the logistical management mentioned above.
The American commercial trucking industry serves as a key link between raw material suppliers, manufacturers, wholesalers, distributors, and retailers in most industries. According to the American Trucking Association, the industry includes dry van, flatbed, refrigerated and bulk/tank trucking over short-haul (up to 100 miles), medium-haul (100 to 250 miles), and long-haul (250 miles and up).
Timely Trucking will compete in the market for medium and long haul dry van trucking in the American Northwest. This market serves businesses ranging from the packaged goods/grocery industry to the clothing industry to high-tech equipment, as well as commercial relocations.
The market analysis table covers likely market segments within the five states which Timely Trucking will serve.
Raw Material Suppliers ship large quantities of materials to large manufacturers in the northwestern states. These materials generally do not require refrigeration or temperature control. Manufacturers maintain some on-site storage for these supplies and generally have some leeway as to when deliveries can be received, except when projections are mistaken and supplies drop low. Packaging supplies also must be shipped to manufacturers and are included in this group.
Manufacturers often outsource the distribution of their goods to businesses that specialize in serving one the type of retailer or business. Their packaged goods are often shipped to only one wholesaler/distributor, creating a regular business in shipping between the two locations.
Wholesalers/Distributors that serve large retailers assemble truckloads of goods from the many manufacturers they serve. While they often have their own trucks or distribution means, some of these firms do not either because they are smaller or because they attempt to limit their investment in assets. Others may require additional trucking support when they are operating at capacity but not prepared to expand their shipping capacity.
Market Analysis | |||||||
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |||
Potential Customers | Growth | CAGR | |||||
Raw Materials Suppliers | 1% | 1,500 | 1,515 | 1,530 | 1,545 | 1,560 | 0.99% |
Manufacturers | 1% | 2,500 | 2,525 | 2,550 | 2,576 | 2,602 | 1.00% |
Wholesalers/Distributors | 1% | 1,000 | 1,010 | 1,020 | 1,030 | 1,040 | 0.99% |
Total | 1.00% | 5,000 | 5,050 | 5,100 | 5,151 | 5,202 | 1.00% |
Timely Trucking will begin by focusing specifically on the segment of manufacturers in Washington and Oregon states, expanding after the first year to the entire intended five state region. By serving manufacturers, Timely Trucking can provide an affordable shipping solution for new and growing manufacturers over purchasing their own trucks.
Raw material suppliers sometimes require flatbed or bulk/tank trucking which will not be an initial service offered by Timely Trucking and wholesalers often have their own trucks. These segments are expected to yield some customers, but by focusing first on the middle of the supply chain with manufacturers, Timely Trucking will be introduced to suppliers and distributors who may require their services without having to engage in full marketing campaigns to these segments.
Hoovers reports that:
The industry includes carriers that use commercial motor vehicles and doesn’t include couriers like UPS and FedEx or private carriers (companies that transport their own products and raw materials).
Hoover’s writes that “demand is driven by consumer spending and manufacturing output. The profitability of individual companies depends on efficient operations. Large companies have advantages in account relationships, bulk fuel purchasing, fleet size, and access to drivers. Small operations can compete effectively by providing quick turnaround, serving a local market, or transporting unusually sized goods. Average annual revenue per employee is $135,000.”
The industry is broken into “truckload (TL) shipments that dedicate trailers to a single shipper’s cargo” and “less-than-truckload (LTL) shipments, which transport the consolidated cargo of several shippers on one truck, dropping off goods at multiple delivery points”.
In addition to competing with other trucking companies, including national carriers, Timely Trucking will compete with rail and air cargo transportation. However, for the distances it intends to travel, and due to the few rail lines over the northwestern states, trucking is at an advantage.
Shippers choose between trucking companies based on:
The Timely Trucking website will serve as a source of basic information for those who find it via Internet searches, as well as a sophisticated account management portal for clients. For potential clients, the website will serve as a deeper explanation of the services and background of the company than a brochure or advertisement can provide. Specific calls to action on the website will ask users to call to speak to a salesperson or to fill in a form with their basic information and a good time to speak with them, so that a salesperson can contact them. Even one-time clients will be able to access up-to-date information about the ETA and current location of their deliveries. Clients who subscribe to preferred services will have access to more advanced information and functions.
Timely Trucking will utilize the following means to promote its website as a marketing tool:
The website’s components will have the following requirements:
Delivery Tracking
Account Management
The website will be developed over a three month period and will require $20,000. Many elements can be adapted from off-the-shelf or open source software, but others must be developed from scratch to interface between client software and the Timely Trucking database.
Timely Trucking will focus its strategy on the following areas:
Marketing strategy.
Timely Trucking will attempt to rapidly achieve awareness in Oregon and Washington states about its business in the first year, followed with awareness in Idaho, Wyoming, and Montana in future years. It will seek to position itself not as the most inexpensive carrier, but as a carrier with the best on-time record coupled with advanced systems to help clients manage their logistics better. Smaller businesses may feel more comfortable working with a smaller carrier as they fear being lost in the shuffle by bigger carriers who also handle huge accounts.
Jim Kerrigan will manage sales for the business, making appointments with and traveling to client businesses in the region when necessary to establish relationships based on an understanding of the client’s needs for shipping. Kerrigan will prospect from a list of manufacturer businesses in the region, starting with small and new businesses which may not have established a long-term relationship with a carrier yet.
The cost of sales listed here for per-mile shipping is approximately 25% for fuel based on the estimated 10 mpg for loaded trucks, and another 25% for truck driver labor hours that can be assigned to the jobs based on $16/hour rate. Cost of sales for preferred accounts is much smaller as it consists only of set-up and maintenance labor for hourly operators.
Preferred client accounts are paid for once a year and a 90% retention rate is projected.
Sales Forecast | |||
Year 1 | Year 2 | Year 3 | |
Unit Sales | |||
Miles of Shipping | 600,139 | 870,201 | 1,261,792 |
Preferred Client Accounts | 88 | 264 | 528 |
Total Unit Sales | 600,227 | 870,465 | 1,262,320 |
Unit Prices | Year 1 | Year 2 | Year 3 |
Miles of Shipping | $1.30 | $1.35 | $1.41 |
Preferred Client Accounts | $1,000.00 | $1,050.00 | $1,100.00 |
Sales | |||
Miles of Shipping | $780,180 | $1,176,512 | $1,774,180 |
Preferred Client Accounts | $88,000 | $277,200 | $580,800 |
Total Sales | $868,180 | $1,453,712 | $2,354,980 |
Direct Unit Costs | Year 1 | Year 2 | Year 3 |
Miles of Shipping | $0.65 | $0.68 | $0.70 |
Preferred Client Accounts | $100.00 | $105.00 | $110.00 |
Direct Cost of Sales | |||
Miles of Shipping | $390,090 | $588,256 | $887,090 |
Preferred Client Accounts | $8,800 | $27,720 | $58,080 |
Subtotal Direct Cost of Sales | $398,890 | $615,976 | $945,170 |
The milestones table covers the early marketing activities described in the marketing strategy summary. The first two milestones (website and brochure) are budgeted under start-up expenses and the remainder are budgeted under the first year marketing budget for operations.
Milestones | |||||
Milestone | Start Date | End Date | Budget | Manager | Department |
Create Brochure | 11/1/2009 | 11/30/2009 | $5,000 | JK | Marketing |
Create Website | 10/1/2009 | 12/31/2009 | $20,000 | JK | Marketing |
Generate Mailing List | 12/1/2009 | 12/15/2009 | $1,000 | JK | Marketing |
Direct Mail Distribution | 12/15/2009 | 12/31/2009 | $5,000 | JK | Marketing |
Run First Advertisements | 1/1/2010 | 1/31/2010 | $10,000 | JK | Marketing |
Launch Press Release | 1/1/2010 | 1/31/2010 | $2,000 | JK | Marketing |
First Trade Show (Pre and Run) | 2/15/2010 | 2/28/2010 | $10,000 | JK | Marketing |
Totals | $53,000 |
Jim Kerrigan, CEO, will manage the strategic direction, sales and marketing of Timely Trucking. He developed experience in all of these areas through work in his previous warehousing business, which he launched and successfully sold after fifteen years of operation.
The Chief Operating Officer position will be filled by a partner who will be granted up to 10% of shares in the business after meeting certain milestones. Additional shares will be granted if the COO contributes capital to the business. The COO will manage operations, finances, human resources, and procurement.
The business will require additional personnel including an administrator/dispatch center operator and a sales/marketing support associate. These individuals will be managed by the COO and the CEO, respectively. Three part-time truck drivers will be hired initially.
Truck driver salary listed here covers only wages paid which are not directly attributable to client jobs. This includes training, repair work, returns from deliveries, and other required driving with empty trucks. It is expected that this will be less than 20% of driver wages. Truck drivers will grow from three part-time at launch to four full-time by the end of year 1, eight full-time by the end of year 2, and 10 full-time by the end of year 3. There will be more full-time truck drivers than trucks as the business will attempt to utilize the capacity of the trucks at least 60 hours per week and will limit overtime of drivers.
The sales/marketing associate will be hired in the fourth month after the CEO has directly executed all sales and marketing operations for the first three months.
Personnel Plan | |||
Year 1 | Year 2 | Year 3 | |
CEO | $48,000 | $70,000 | $75,000 |
COO | $60,000 | $70,000 | $75,000 |
Sales/Marketing Associate | $27,000 | $40,000 | $45,000 |
Administrator | $36,000 | $40,000 | $45,000 |
Truck Drivers (Non-Job Payroll) | $26,961 | $40,000 | $50,000 |
Total People | 8 | 12 | 14 |
Total Payroll | $197,961 | $260,000 | $290,000 |
Timely Trucking will establish its business with three trucks and a launch financed by the owner and investor’s equity. Starting debt-free will enable the business to take on debt once it has established cash flows to purchase additional trucks over the first three years. Profits will swing positive in the second year after a loss in the first year.
After the first three years, the business can sustain growth of at least three additional trucks per year, and begin to add additional bases of operation throughout the region so that truck drivers who do not live in the Portland area can be hired and trucks do not have to return to this base after all jobs.
Dividends will not be paid out, as cash will be used in the business to prepare for expansion to additional offices and purchase equipment on better terms going forward. After five years of operation, the business will seek a strategic sale to a national freight trucking operator for which Timely Trucking’s geographic and technological focus will be a good match.
Jim Kerrigan will provide the majority of start-up funding out of savings from the sale of his previous business. Additional investment will be from investing partners who will be granted 20% of shares in the business for their investment.
Start-up Funding | |
Start-up Expenses to Fund | $63,000 |
Start-up Assets to Fund | $660,000 |
Total Funding Required | $723,000 |
Assets | |
Non-cash Assets from Start-up | $570,000 |
Cash Requirements from Start-up | $90,000 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $90,000 |
Total Assets | $660,000 |
Liabilities and Capital | |
Liabilities | |
Current Borrowing | $5,000 |
Long-term Liabilities | $0 |
Accounts Payable (Outstanding Bills) | $0 |
Other Current Liabilities (interest-free) | $0 |
Total Liabilities | $5,000 |
Capital | |
Planned Investment | |
Jim Kerrigan | $500,000 |
Investors | $218,000 |
Additional Investment Requirement | $0 |
Total Planned Investment | $718,000 |
Loss at Start-up (Start-up Expenses) | ($63,000) |
Total Capital | $655,000 |
Total Capital and Liabilities | $660,000 |
Total Funding | $723,000 |
The business assumes the cost of fuel at an average of the past two years, slightly higher than today’s fuel prices. This is considered a conservative estimate as it is possible that fuel will stay below this number during at least part of the start-up phase. However, if fuel becomes significantly more expensive, the gross margins of the business will drop.
The break even point is shown in the table and chart, below.
Break-even Analysis | |
Monthly Units Break-even | 52,272 |
Monthly Revenue Break-even | $75,608 |
Assumptions: | |
Average Per-Unit Revenue | $1.45 |
Average Per-Unit Variable Cost | $0.66 |
Estimated Monthly Fixed Cost | $40,869 |
Major expenses include:
Pro Forma Profit and Loss | |||
Year 1 | Year 2 | Year 3 | |
Sales | $868,180 | $1,453,712 | $2,354,980 |
Direct Cost of Sales | $398,890 | $615,976 | $945,170 |
Other Costs of Sales | $0 | $0 | $0 |
Total Cost of Sales | $398,890 | $615,976 | $945,170 |
Gross Margin | $469,290 | $837,736 | $1,409,810 |
Gross Margin % | 54.05% | 57.63% | 59.87% |
Expenses | |||
Payroll | $197,961 | $260,000 | $290,000 |
Marketing/Promotion | $102,000 | $80,000 | $100,000 |
Depreciation | $59,334 | $89,952 | $124,944 |
Truck Maintenance/Repair | $7,800 | $12,000 | $18,900 |
Rent | $36,000 | $37,800 | $39,690 |
Utilities | $3,600 | $3,780 | $3,969 |
Insurance | $12,000 | $18,000 | $25,000 |
Payroll Taxes | $59,611 | $85,198 | $114,388 |
Licenses and Permitting | $8,000 | $10,000 | $10,000 |
Web Hosting and Development | $4,125 | $7,200 | $7,560 |
Total Operating Expenses | $490,431 | $603,930 | $734,451 |
Profit Before Interest and Taxes | ($21,141) | $233,806 | $675,359 |
EBITDA | $38,193 | $323,758 | $800,303 |
Interest Expense | $3,889 | $21,975 | $35,250 |
Taxes Incurred | $0 | $63,549 | $192,033 |
Net Profit | ($25,030) | $148,282 | $448,077 |
Net Profit/Sales | -2.88% | 10.20% | 19.03% |
Purchases of new trucks will be made with 3 year loans for 90% of the purchase price. The remaining $25,000 plus $25,000 in additional equipment (forklift, etc) for each purchase will be made in cash. Payments on these loans will be $3,750 per month, per truck loan for the life of the loans.
One additional truck will be purchased in the first year with a loan, two in the second year, and two in the third year.
Pro Forma Cash Flow | |||
Year 1 | Year 2 | Year 3 | |
Cash Received | |||
Cash from Operations | |||
Cash Sales | $217,045 | $363,428 | $588,745 |
Cash from Receivables | $531,566 | $1,009,642 | $1,642,109 |
Subtotal Cash from Operations | $748,611 | $1,373,070 | $2,230,854 |
Additional Cash Received | |||
Sales Tax, VAT, HST/GST Received | $69,454 | $116,297 | $188,398 |
New Current Borrowing | $0 | $0 | $0 |
New Other Liabilities (interest-free) | $0 | $0 | $0 |
New Long-term Liabilities | $135,000 | $270,000 | $270,000 |
Sales of Other Current Assets | $0 | $0 | $0 |
Sales of Long-term Assets | $0 | $0 | $0 |
New Investment Received | $0 | $0 | $0 |
Subtotal Cash Received | $953,065 | $1,759,367 | $2,689,252 |
Expenditures | Year 1 | Year 2 | Year 3 |
Expenditures from Operations | |||
Cash Spending | $197,961 | $260,000 | $290,000 |
Bill Payments | $568,192 | $944,669 | $1,447,865 |
Subtotal Spent on Operations | $766,154 | $1,204,669 | $1,737,865 |
Additional Cash Spent | |||
Sales Tax, VAT, HST/GST Paid Out | $69,454 | $116,297 | $188,398 |
Principal Repayment of Current Borrowing | $2,000 | $3,000 | $0 |
Other Liabilities Principal Repayment | $0 | $0 | $0 |
Long-term Liabilities Principal Repayment | $7,500 | $90,000 | $180,000 |
Purchase Other Current Assets | $0 | $0 | $0 |
Purchase Long-term Assets | $175,000 | $350,000 | $350,000 |
Dividends | $0 | $0 | $0 |
Subtotal Cash Spent | $1,020,108 | $1,763,966 | $2,456,264 |
Net Cash Flow | ($67,043) | ($4,599) | $232,988 |
Cash Balance | $22,957 | $18,358 | $251,346 |
The balance sheet illustrates the launch of the business on equity financing and augmented by safe debt over its first three years of operation to purchase additional trucks. This will allow cash and assets, as well as net worth, to continue to grow.
Retained earnings will be negative due to the loss sustained in the first year of operation and the start-up phase, but will move closer to positive in the third year after a profitable second year.
Pro Forma Balance Sheet | |||
Year 1 | Year 2 | Year 3 | |
Assets | |||
Current Assets | |||
Cash | $22,957 | $18,358 | $251,346 |
Accounts Receivable | $119,570 | $200,212 | $324,339 |
Other Current Assets | $20,000 | $20,000 | $20,000 |
Total Current Assets | $162,527 | $238,570 | $595,685 |
Long-term Assets | |||
Long-term Assets | $725,000 | $1,075,000 | $1,425,000 |
Accumulated Depreciation | $59,334 | $149,286 | $274,230 |
Total Long-term Assets | $665,666 | $925,714 | $1,150,770 |
Total Assets | $828,193 | $1,164,284 | $1,746,455 |
Liabilities and Capital | Year 1 | Year 2 | Year 3 |
Current Liabilities | |||
Accounts Payable | $67,723 | $78,532 | $122,627 |
Current Borrowing | $3,000 | $0 | $0 |
Other Current Liabilities | $0 | $0 | $0 |
Subtotal Current Liabilities | $70,723 | $78,532 | $122,627 |
Long-term Liabilities | $127,500 | $307,500 | $397,500 |
Total Liabilities | $198,223 | $386,032 | $520,127 |
Paid-in Capital | $718,000 | $718,000 | $718,000 |
Retained Earnings | ($63,000) | ($88,030) | $60,252 |
Earnings | ($25,030) | $148,282 | $448,077 |
Total Capital | $629,970 | $778,252 | $1,226,328 |
Total Liabilities and Capital | $828,193 | $1,164,284 | $1,746,455 |
Net Worth | $629,970 | $778,252 | $1,226,328 |
The ratios of the business are compared to General Freight/Long-Distance Trucking for businesses of $1 million to $5 million in revenues.
Ratio Analysis | ||||
Year 1 | Year 2 | Year 3 | Industry Profile | |
Sales Growth | n.a. | 67.44% | 62.00% | -0.08% |
Percent of Total Assets | ||||
Accounts Receivable | 14.44% | 17.20% | 18.57% | 28.96% |
Other Current Assets | 2.41% | 1.72% | 1.15% | 28.54% |
Total Current Assets | 19.62% | 20.49% | 34.11% | 58.36% |
Long-term Assets | 80.38% | 79.51% | 65.89% | 41.64% |
Total Assets | 100.00% | 100.00% | 100.00% | 100.00% |
Current Liabilities | 8.54% | 6.75% | 7.02% | 34.65% |
Long-term Liabilities | 15.39% | 26.41% | 22.76% | 34.50% |
Total Liabilities | 23.93% | 33.16% | 29.78% | 69.15% |
Net Worth | 76.07% | 66.84% | 70.22% | 30.85% |
Percent of Sales | ||||
Sales | 100.00% | 100.00% | 100.00% | 100.00% |
Gross Margin | 54.05% | 57.63% | 59.87% | 59.90% |
Selling, General & Administrative Expenses | 56.94% | 47.43% | 40.84% | 15.68% |
Advertising Expenses | 11.75% | 5.50% | 4.25% | 0.24% |
Profit Before Interest and Taxes | -2.44% | 16.08% | 28.68% | 4.09% |
Main Ratios | ||||
Current | 2.30 | 3.04 | 4.86 | 1.36 |
Quick | 2.30 | 3.04 | 4.86 | 1.34 |
Total Debt to Total Assets | 23.93% | 33.16% | 29.78% | 69.15% |
Pre-tax Return on Net Worth | -3.97% | 27.22% | 52.20% | 42.38% |
Pre-tax Return on Assets | -3.02% | 18.19% | 36.65% | 13.08% |
Additional Ratios | Year 1 | Year 2 | Year 3 | |
Net Profit Margin | -2.88% | 10.20% | 19.03% | n.a |
Return on Equity | -3.97% | 19.05% | 36.54% | n.a |
Activity Ratios | ||||
Accounts Receivable Turnover | 5.45 | 5.45 | 5.45 | n.a |
Collection Days | 43 | 54 | 54 | n.a |
Accounts Payable Turnover | 9.39 | 12.17 | 12.17 | n.a |
Payment Days | 27 | 28 | 25 | n.a |
Total Asset Turnover | 1.05 | 1.25 | 1.35 | n.a |
Debt Ratios | ||||
Debt to Net Worth | 0.31 | 0.50 | 0.42 | n.a |
Current Liab. to Liab. | 0.36 | 0.20 | 0.24 | n.a |
Liquidity Ratios | ||||
Net Working Capital | $91,804 | $160,038 | $473,058 | n.a |
Interest Coverage | -5.44 | 10.64 | 19.16 | n.a |
Additional Ratios | ||||
Assets to Sales | 0.95 | 0.80 | 0.74 | n.a |
Current Debt/Total Assets | 9% | 7% | 7% | n.a |
Acid Test | 0.61 | 0.49 | 2.21 | n.a |
Sales/Net Worth | 1.38 | 1.87 | 1.92 | n.a |
Dividend Payout | 0.00 | 0.00 | 0.00 | n.a |
The valuation of the business after three years is estimated at an average between two methods of valuation, based on an earnings multiple and based on a sales multiple. Both methods yield similar results. The average valuation is $4.53 million.
Investors will be given 20% of shares for their capital contribution. Kerrigan will be given 46% for his capital contribution and 34% for his contribution as founder. Investors will see a 63% internal rate of return based on this valuation.
The market value of the business will be determined after five years, when the business is best poised for sale. The valuation of the business is expected to be between $10 and $15 million for a strategic sale to a national trucking operator at that point.
Investment Analysis | ||||
Start | Year 1 | Year 2 | Year 3 | |
Initial Investment | ||||
Investment | $718,000 | $0 | $0 | $0 |
Dividends | $0 | $0 | $0 | $0 |
Ending Valuation | $0 | $0 | $0 | $3,108,600 |
Combination as Income Stream | ($718,000) | $0 | $0 | $3,108,600 |
Percent Equity Acquired | 66% | |||
Net Present Value (NPV) | $1,470,488 | |||
Internal Rate of Return (IRR) | 63% | |||
Assumptions | ||||
Discount Rate | 10.00% | |||
Valuation Earnings Multiple | 10 | 10 | 10 | |
Valuation Sales Multiple | 2 | 2 | 2 | |
Investment (calculated) | $718,000 | $0 | $0 | $0 |
Dividends | $0 | $0 | $0 | |
Calculated Earnings-based Valuation | $0 | $1,480,000 | $4,480,000 | |
Calculated Sales-based Valuation | $1,740,000 | $2,910,000 | $4,710,000 | |
Calculated Average Valuation | $870,000 | $2,195,000 | $4,595,000 |
Sales Forecast | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Unit Sales | |||||||||||||
Miles of Shipping | 12,000 | 18,000 | 27,000 | 37,800 | 52,920 | 55,566 | 58,344 | 61,262 | 64,325 | 67,541 | 70,918 | 74,464 | |
Preferred Client Accounts | 0 | 1 | 2 | 4 | 7 | 8 | 9 | 10 | 10 | 11 | 12 | 14 | |
Total Unit Sales | 12,000 | 18,001 | 27,002 | 37,804 | 52,927 | 55,574 | 58,353 | 61,272 | 64,335 | 67,552 | 70,930 | 74,478 | |
Unit Prices | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Miles of Shipping | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | $1.30 | |
Preferred Client Accounts | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 | |
Sales | |||||||||||||
Miles of Shipping | $15,600 | $23,400 | $35,100 | $49,140 | $68,796 | $72,236 | $75,848 | $79,640 | $83,622 | $87,803 | $92,193 | $96,803 | |
Preferred Client Accounts | $0 | $1,000 | $2,000 | $4,000 | $7,000 | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $12,000 | $14,000 | |
Total Sales | $15,600 | $24,400 | $37,100 | $53,140 | $75,796 | $80,236 | $84,848 | $89,640 | $93,622 | $98,803 | $104,193 | $110,803 | |
Direct Unit Costs | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Miles of Shipping | 50.00% | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 | $0.65 |
Preferred Client Accounts | 10.00% | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 |
Direct Cost of Sales | |||||||||||||
Miles of Shipping | $7,800 | $11,700 | $17,550 | $24,570 | $34,398 | $36,118 | $37,924 | $39,820 | $41,811 | $43,902 | $46,097 | $48,401 | |
Preferred Client Accounts | $0 | $100 | $200 | $400 | $700 | $800 | $900 | $1,000 | $1,000 | $1,100 | $1,200 | $1,400 | |
Subtotal Direct Cost of Sales | $7,800 | $11,800 | $17,750 | $24,970 | $35,098 | $36,918 | $38,824 | $40,820 | $42,811 | $45,002 | $47,297 | $49,801 |
Personnel Plan | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
CEO | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | |
COO | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | |
Sales/Marketing Associate | $0 | $0 | $0 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
Administrator | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
Truck Drivers (Non-Job Payroll) | $1,000 | $1,200 | $1,440 | $1,584 | $1,901 | $2,091 | $2,300 | $2,530 | $2,783 | $3,061 | $3,367 | $3,704 | |
Total People | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 8 | 8 | |
Total Payroll | $13,000 | $13,200 | $13,440 | $16,584 | $16,901 | $17,091 | $17,300 | $17,530 | $17,783 | $18,061 | $18,367 | $18,704 |
Pro Forma Profit and Loss | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Sales | $15,600 | $24,400 | $37,100 | $53,140 | $75,796 | $80,236 | $84,848 | $89,640 | $93,622 | $98,803 | $104,193 | $110,803 | |
Direct Cost of Sales | $7,800 | $11,800 | $17,750 | $24,970 | $35,098 | $36,918 | $38,824 | $40,820 | $42,811 | $45,002 | $47,297 | $49,801 | |
Other Costs of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Cost of Sales | $7,800 | $11,800 | $17,750 | $24,970 | $35,098 | $36,918 | $38,824 | $40,820 | $42,811 | $45,002 | $47,297 | $49,801 | |
Gross Margin | $7,800 | $12,600 | $19,350 | $28,170 | $40,698 | $43,318 | $46,024 | $48,820 | $50,811 | $53,802 | $56,897 | $61,001 | |
Gross Margin % | 50.00% | 51.64% | 52.16% | 53.01% | 53.69% | 53.99% | 54.24% | 54.46% | 54.27% | 54.45% | 54.61% | 55.05% | |
Expenses | |||||||||||||
Payroll | $13,000 | $13,200 | $13,440 | $16,584 | $16,901 | $17,091 | $17,300 | $17,530 | $17,783 | $18,061 | $18,367 | $18,704 | |
Marketing/Promotion | $6,000 | $6,000 | $16,000 | $6,000 | $6,000 | $6,000 | $16,000 | $6,000 | $6,000 | $16,000 | $6,000 | $6,000 | |
Depreciation | $4,580 | $4,580 | $4,580 | $4,580 | $4,580 | $4,580 | $4,580 | $4,580 | $4,580 | $6,038 | $6,038 | $6,038 | |
Truck Maintenance/Repair | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $600 | $800 | $800 | $800 | |
Rent | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
Utilities | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
Insurance | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
Payroll Taxes | 15% | $2,535 | $2,865 | $3,347 | $4,360 | $5,167 | $5,332 | $5,507 | $5,691 | $5,878 | $6,084 | $6,302 | $6,541 |
Licenses and Permitting | 15% | $0 | $0 | $1,000 | $0 | $0 | $1,000 | $0 | $0 | $5,000 | $0 | $0 | $1,000 |
Web Hosting and Development | $300 | $218 | $238 | $259 | $282 | $307 | $335 | $365 | $398 | $434 | $473 | $516 | |
Total Operating Expenses | $31,315 | $31,763 | $43,505 | $36,683 | $37,830 | $39,210 | $48,622 | $39,066 | $44,539 | $51,718 | $42,281 | $43,899 | |
Profit Before Interest and Taxes | ($23,515) | ($19,163) | ($24,155) | ($8,513) | $2,868 | $4,108 | ($2,598) | $9,754 | $6,272 | $2,084 | $14,616 | $17,103 | |
EBITDA | ($18,935) | ($14,583) | ($19,575) | ($3,933) | $7,448 | $8,688 | $1,982 | $14,334 | $10,852 | $8,122 | $20,654 | $23,141 | |
Interest Expense | $61 | $60 | $58 | $57 | $55 | $53 | $51 | $48 | $46 | $1,168 | $1,133 | $1,100 | |
Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Net Profit | ($23,576) | ($19,223) | ($24,214) | ($8,570) | $2,813 | $4,055 | ($2,649) | $9,706 | $6,226 | $916 | $13,483 | $16,003 | |
Net Profit/Sales | -151.13% | -78.78% | -65.27% | -16.13% | 3.71% | 5.05% | -3.12% | 10.83% | 6.65% | 0.93% | 12.94% | 14.44% |
Pro Forma Cash Flow | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Cash Received | |||||||||||||
Cash from Operations | |||||||||||||
Cash Sales | $3,900 | $6,100 | $9,275 | $13,285 | $18,949 | $20,059 | $21,212 | $22,410 | $23,405 | $24,701 | $26,048 | $27,701 | |
Cash from Receivables | $0 | $6,240 | $15,220 | $23,380 | $34,241 | $48,917 | $58,623 | $62,022 | $65,553 | $68,823 | $72,289 | $76,258 | |
Subtotal Cash from Operations | $3,900 | $12,340 | $24,495 | $36,665 | $53,190 | $68,976 | $79,835 | $84,432 | $88,958 | $93,524 | $98,337 | $103,959 | |
Additional Cash Received | |||||||||||||
Sales Tax, VAT, HST/GST Received | 8.00% | $1,248 | $1,952 | $2,968 | $4,251 | $6,064 | $6,419 | $6,788 | $7,171 | $7,490 | $7,904 | $8,335 | $8,864 |
New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $135,000 | $0 | $0 | |
Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
New Investment Received | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cash Received | $5,148 | $14,292 | $27,463 | $40,916 | $59,254 | $75,395 | $86,623 | $91,603 | $96,448 | $236,428 | $106,673 | $112,823 | |
Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Expenditures from Operations | |||||||||||||
Cash Spending | $13,000 | $13,200 | $13,440 | $16,584 | $16,901 | $17,091 | $17,300 | $17,530 | $17,783 | $18,061 | $18,367 | $18,704 | |
Bill Payments | $720 | $21,738 | $26,425 | $43,202 | $40,911 | $51,603 | $54,880 | $65,356 | $58,064 | $65,325 | $73,538 | $66,430 | |
Subtotal Spent on Operations | $13,720 | $34,938 | $39,865 | $59,786 | $57,812 | $68,693 | $72,180 | $82,886 | $75,847 | $83,386 | $91,905 | $85,134 | |
Additional Cash Spent | |||||||||||||
Sales Tax, VAT, HST/GST Paid Out | $1,248 | $1,952 | $2,968 | $4,251 | $6,064 | $6,419 | $6,788 | $7,171 | $7,490 | $7,904 | $8,335 | $8,864 | |
Principal Repayment of Current Borrowing | $100 | $110 | $121 | $133 | $146 | $161 | $177 | $195 | $215 | $237 | $261 | $144 | |
Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Long-term Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3,750 | $3,750 | |
Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $175,000 | $0 | $0 | |
Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cash Spent | $15,068 | $37,000 | $42,954 | $64,170 | $64,022 | $75,273 | $79,145 | $90,253 | $83,552 | $266,527 | $104,252 | $97,892 | |
Net Cash Flow | ($9,920) | ($22,708) | ($15,491) | ($23,254) | ($4,768) | $122 | $7,477 | $1,350 | $12,896 | ($30,099) | $2,421 | $14,931 | |
Cash Balance | $80,080 | $57,372 | $41,882 | $18,628 | $13,860 | $13,982 | $21,459 | $22,809 | $35,705 | $5,605 | $8,026 | $22,957 |
Pro Forma Balance Sheet | |||||||||||||
Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
Assets | Starting Balances | ||||||||||||
Current Assets | |||||||||||||
Cash | $90,000 | $80,080 | $57,372 | $41,882 | $18,628 | $13,860 | $13,982 | $21,459 | $22,809 | $35,705 | $5,605 | $8,026 | $22,957 |
Accounts Receivable | $0 | $11,700 | $23,760 | $36,365 | $52,840 | $75,446 | $86,705 | $91,718 | $96,927 | $101,590 | $106,870 | $112,726 | $119,570 |
Other Current Assets | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 |
Total Current Assets | $110,000 | $111,780 | $101,132 | $98,247 | $91,468 | $109,306 | $120,687 | $133,177 | $139,736 | $157,295 | $132,475 | $140,752 | $162,527 |
Long-term Assets | |||||||||||||
Long-term Assets | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $550,000 | $725,000 | $725,000 | $725,000 |
Accumulated Depreciation | $0 | $4,580 | $9,160 | $13,740 | $18,320 | $22,900 | $27,480 | $32,060 | $36,640 | $41,220 | $47,258 | $53,296 | $59,334 |
Total Long-term Assets | $550,000 | $545,420 | $540,840 | $536,260 | $531,680 | $527,100 | $522,520 | $517,940 | $513,360 | $508,780 | $677,742 | $671,704 | $665,666 |
Total Assets | $660,000 | $657,200 | $641,972 | $634,507 | $623,148 | $636,406 | $643,207 | $651,117 | $653,096 | $666,075 | $810,217 | $812,456 | $828,193 |
Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
Current Liabilities | |||||||||||||
Accounts Payable | $0 | $20,876 | $24,981 | $41,850 | $39,195 | $49,786 | $52,693 | $63,429 | $55,897 | $62,865 | $71,328 | $64,095 | $67,723 |
Current Borrowing | $5,000 | $4,900 | $4,790 | $4,669 | $4,536 | $4,390 | $4,229 | $4,052 | $3,857 | $3,642 | $3,405 | $3,144 | $3,000 |
Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Subtotal Current Liabilities | $5,000 | $25,776 | $29,771 | $46,519 | $43,731 | $54,176 | $56,922 | $67,481 | $59,754 | $66,507 | $74,733 | $67,239 | $70,723 |
Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $135,000 | $131,250 | $127,500 |
Total Liabilities | $5,000 | $25,776 | $29,771 | $46,519 | $43,731 | $54,176 | $56,922 | $67,481 | $59,754 | $66,507 | $209,733 | $198,489 | $198,223 |
Paid-in Capital | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 | $718,000 |
Retained Earnings | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) | ($63,000) |
Earnings | $0 | ($23,576) | ($42,799) | ($67,013) | ($75,583) | ($72,770) | ($68,715) | ($71,364) | ($61,658) | ($55,432) | ($54,515) | ($41,033) | ($25,030) |
Total Capital | $655,000 | $631,424 | $612,201 | $587,987 | $579,417 | $582,230 | $586,285 | $583,636 | $593,342 | $599,568 | $600,485 | $613,967 | $629,970 |
Total Liabilities and Capital | $660,000 | $657,200 | $641,972 | $634,507 | $623,148 | $636,406 | $643,207 | $651,117 | $653,096 | $666,075 | $810,217 | $812,456 | $828,193 |
Net Worth | $655,000 | $631,424 | $612,201 | $587,987 | $579,417 | $582,230 | $586,285 | $583,636 | $593,342 | $599,568 | $600,485 | $613,967 | $629,970 |
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Transportation business plan | ms word, 13+ sample transportation business plan, what is a transportation business plan, advantages of a good public transport, types of transportation business, how to start a transport business plan, is the transportation business profitable, is doing business risky, who can decide and oversee public transportation.
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Découvrez comment préparer un business plan solide pour votre entreprise de transport de marchandises
Le secteur du transport de marchandises est un domaine clé de l'économie mondiale, offrant des opportunités de croissance et d'innovation pour les entrepreneurs. Un business plan de transport de marchandises est essentiel pour établir une vision claire de votre entreprise, définir vos objectifs stratégiques et élaborer une stratégie pour atteindre le succès. Ce document détaillé présente non seulement votre modèle d'entreprise, vos services de transport, et vos partenaires potentiels, mais il met également en lumière l'importance de comprendre la dynamique du marché du transport de marchandises. En plus de décrire vos services, comme le transport local, national ou international, le business plan devrait mettre en évidence les particularités de votre offre, comme des solutions de logistique personnalisées, des services de suivi en temps réel, ou des options respectueuses de l'environnement.
Une étude de marché approfondie est cruciale pour élaborer un business plan efficace pour le transport de marchandises. Cette analyse doit explorer en profondeur le marché cible en se concentrant sur divers aspects clés. Il est essentiel de commencer par une compréhension détaillée des tendances de transport de marchandises, comme la demande croissante pour des solutions de logistique efficaces, la préférence pour des options respectueuses de l'environnement, et l'impact des avancées technologiques sur les opérations de transport.
Outre les tendances, il est essentiel d'examiner les caractéristiques du marché, telles que la demande de transport de marchandises dans des secteurs spécifiques, les principaux acteurs du marché, et les réglementations gouvernementales qui peuvent avoir un impact sur les opérations de transport. Il est également important d'évaluer la concurrence dans le secteur du transport de marchandises, en identifiant les forces et les faiblesses des autres entreprises de transport, ainsi que les opportunités et les menaces potentielles pour votre entreprise.
Enfin, l'intégration d'une analyse SWOT (Strengths, Weaknesses, Opportunities, Threats) dans votre étude de marché est essentielle. Cette analyse doit être spécifique à votre entreprise de transport de marchandises et couvrir des aspects tels que la qualité de vos services, votre réseau de partenaires, votre expérience dans le domaine, ainsi que les défis potentiels comme les fluctuations économiques ou les nouvelles réglementations. L'analyse SWOT vous aidera à développer des stratégies robustes pour capitaliser sur vos forces, atténuer vos faiblesses, exploiter les opportunités de marché et anticiper les menaces potentielles.
La recherche de clients dans le secteur du transport de marchandises est un élément crucial de tout business plan. Il est essentiel d'identifier les segments de marché cibles et de développer des stratégies pour attirer et fidéliser ces clients potentiels. Une approche efficace de la recherche de clients dans le secteur du transport de marchandises comprend plusieurs aspects clés.
Tout d'abord, il est important de définir clairement les types de clients que votre entreprise cible. Cela peut inclure des entreprises opérant dans des secteurs spécifiques tels que la logistique, la vente au détail, la fabrication, ou d'autres industries nécessitant des solutions de transport de marchandises. Comprendre les besoins et les exigences de ces clients potentiels est essentiel pour développer des offres de services adaptées.
Ensuite, la mise en place de stratégies de marketing ciblées est essentielle pour attirer l'attention des clients potentiels. Cela peut inclure des campagnes de marketing numérique visant des secteurs spécifiques, la participation à des salons professionnels de l'industrie, ou la création de partenariats avec des entreprises complémentaires. La création de matériel marketing tel que des brochures, des présentations et des démonstrations de services peut également être un atout précieux dans la recherche de clients dans le secteur du transport de marchandises.
Enfin, établir et entretenir des relations solides avec les clients potentiels est essentiel pour assurer la croissance continue de votre entreprise. Cela peut impliquer un service client exceptionnel, des offres personnalisées en fonction des besoins spécifiques des clients, ainsi que des efforts continus pour comprendre et répondre aux évolutions du marché et aux demandes changeantes des clients.
Élaborer des prévisions financières précises est crucial pour le succès de tout business plan de transport de marchandises. Cette section doit couvrir plusieurs éléments financiers clés pour fournir une image complète de la santé financière prévue de votre entreprise.
En outre, l'utilisation d'outils en ligne comme Angel peut grandement faciliter la création de ces prévisions. Ces outils offrent souvent des fonctionnalités telles que des modèles financiers prédéfinis, des tableaux de bord interactifs pour visualiser les données financières, et des conseils d'experts-comptables pour assurer l'exactitude et la pertinence de vos prévisions financières.
L'accessibilité et la flexibilité sont des aspects clés d'un business plan efficace. Avec Angel, une fois votre plan finalisé, vous avez la possibilité de le télécharger en formats PDF et Excel. Le format PDF est idéal pour une présentation professionnelle à des investisseurs, des prêteurs et des partenaires. Il offre un aperçu clair et concis de votre plan, parfait pour les réunions et les propositions. D'autre part, le format Excel est extrêmement utile pour une gestion dynamique de votre plan. Il vous permet de faire des ajustements en temps réel, tels que la modification des prévisions financières, la mise à jour des coûts ou l'ajout de nouvelles stratégies de marché, ce qui est essentiel à mesure que votre entreprise évolue.
Le lancement d'une entreprise de transport de marchandises nécessite une planification et une organisation méticuleuses. Angel vous accompagne au-delà de la simple création d'un business plan. Notre outil vous offre la possibilité de construire une liste de tâches détaillée, d'établir des échéances et de suivre vos progrès. Cela inclut l'aide à la définition d'objectifs à court et long terme, le développement de stratégies de marketing ciblées, et la mise en place d'une structure financière solide. De plus, Angel propose des conseils et des ressources pour naviguer dans les aspects juridiques et administratifs du lancement d'entreprise, assurant ainsi que vous êtes bien préparé pour chaque étape du processus.
En outre, l'intégration d'outils de planification et de suivi des progrès vous permet de rester organisé et de suivre attentivement chaque étape du lancement de votre entreprise de transport de marchandises. Ces outils peuvent comprendre des calendriers interactifs, des listes de tâches personnalisables, et des rappels pour les échéances importantes. En utilisant ces outils, vous pouvez gérer efficacement les activités préliminaires telles que l'acquisition de licences et permis, la mise en place de partenariats avec des fournisseurs de transport, et la conception de stratégies de marketing pour attirer les premiers clients.
Dans un contexte où la responsabilité sociale d'entreprise (RSE) est de plus en plus valorisée, évaluer et améliorer l'impact RSE de votre entreprise de transport de marchandises revêt une importance cruciale. L'engagement envers des pratiques durables et éthiques peut non seulement renforcer l'image de marque de votre entreprise, mais aussi contribuer à un secteur du transport de marchandises plus respectueux de l'environnement et socialement responsable.
Pour évaluer l'impact RSE de votre entreprise, il est essentiel de prendre en compte plusieurs aspects clés. Tout d'abord, l'empreinte carbone de vos opérations de transport doit être évaluée. Cela implique de mesurer et de réduire les émissions de gaz à effet de serre générées par vos véhicules et vos opérations logistiques. Des initiatives telles que l'utilisation de véhicules plus économes en carburant, l'optimisation des itinéraires pour réduire les kilomètres parcourus, et l'adoption de technologies de suivi des émissions peuvent contribuer à réduire l'impact environnemental de votre entreprise de transport de marchandises.
En outre, évaluer l'impact social de votre entreprise est également essentiel. Cela implique de prendre en compte les conditions de travail de vos employés, leur santé et sécurité, ainsi que les relations avec les communautés locales où vous opérez. La promotion de pratiques de travail équitables, la formation professionnelle et le développement des compétences de vos employés, ainsi que l'engagement dans des initiatives communautaires peuvent contribuer à améliorer l'impact social de votre entreprise.
Enfin, l'évaluation de l'impact économique de votre entreprise de transport de marchandises est également importante. Cela implique d'évaluer comment vos opérations contribuent à la prospérité économique des communautés où vous opérez, ainsi que votre engagement envers des pratiques commerciales éthiques et transparentes. La transparence dans la facturation, le respect des normes éthiques dans les relations d'affaires, et la contribution au développement économique local sont autant d'aspects à considérer pour évaluer l'impact économique de votre entreprise.
En intégrant ces évaluations dans votre business plan de transport de marchandises, vous démontrez votre engagement envers la durabilité et la responsabilité sociale, ce qui peut non seulement renforcer la confiance de vos partenaires commerciaux et clients, mais aussi contribuer à un secteur du transport de marchandises plus éthique et durable.
En conclusion, la création d'un business plan de transport de marchandises est un processus complexe qui nécessite une analyse approfondie du marché, des prévisions financières précises, une stratégie de recherche de clients efficace, et une évaluation de l'impact RSE. Avec l'aide d'outils en ligne comme Angel, ce processus peut être simplifié et rendu plus accessible, permettant aux entrepreneurs du secteur du transport de marchandises de développer des plans d'entreprise solides et orientés vers la réussite.
Les prochaines étapes pour les entrepreneurs du transport de marchandises incluent la mise en œuvre des stratégies et des initiatives définies dans le business plan, la surveillance et l'ajustement des prévisions financières en fonction de l'évolution du marché, et l'engagement continu dans l'évaluation et l'amélioration de l'impact RSE de leur entreprise. Avec une planification minutieuse, une exécution stratégique, et un engagement envers la durabilité et la responsabilité sociale, les entrepreneurs du transport de marchandises peuvent positionner leurs entreprises pour une croissance durable et un impact positif sur leur secteur.
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1. describe the purpose of your transportation business..
The first step to writing your business plan is to describe the purpose of your transportation business. This includes describing why you are starting this type of business, and what problems it will solve for customers. This is a quick way to get your mind thinking about the customers’ problems. It also helps you identify what makes your business different from others in its industry.
It also helps to include a vision statement so that readers can understand what type of company you want to build.
Here is an example of a purpose mission statement for a transportation business:
Our mission at [Transporation Company] is to provide affordable, reliable, and safe transportation services to our customers in order to reduce the time, costs, and stress associated with getting around our local area. We strive to be the leading provider of transportation services in our region by delivering exceptional customer service and using the latest technologies available.
The next step is to outline your products and services for your transportation business.
When you think about the products and services that you offer, it's helpful to ask yourself the following questions:
You may want to do a comparison of your business plan against those of other competitors in the area, or even with online reviews. This way, you can find out what people like about them and what they don’t like, so that you can either improve upon their offerings or avoid doing so altogether.
If you don't have a marketing plan for your transportation business, it's time to write one. Your marketing plan should be part of your business plan and be a roadmap to your goals.
A good marketing plan for your transportation business includes the following elements:
Next, you'll need to build your operational plan. This section describes the type of business you'll be running, and includes the steps involved in your operations.
In it, you should list:
The second part of your transportation business plan is to develop a management and organization section.
This section will cover all of the following:
This section should be broken down by month and year. If you are still in the planning stage of your business, it may be helpful to estimate how much money will be needed each month until you reach profitability.
Typically, expenses for your business can be broken into a few basic categories:
Startup Costs
Startup costs are typically the first expenses you will incur when beginning an enterprise. These include legal fees, accounting expenses, and other costs associated with getting your business off the ground. The amount of money needed to start a transportation business varies based on many different variables, but below are a few different types of startup costs for a transportation business.
Running & Operating Costs
Running costs refer to ongoing expenses related directly with operating your business over time like electricity bills or salaries paid out each month. These types of expenses will vary greatly depending on multiple variables such as location, team size, utility costs, etc.
Marketing & Sales Expenses
You should include any costs associated with marketing and sales, such as advertising and promotions, website design or maintenance. Also, consider any additional expenses that may be incurred if you decide to launch a new product or service line. For example, if your transportation business has an existing website that needs an upgrade in order to sell more products or services, then this should be listed here.
A financial plan is an important part of any business plan, as it outlines how the business will generate revenue and profit, and how it will use that profit to grow and sustain itself. To devise a financial plan for your transportation business, you will need to consider a number of factors, including your start-up costs, operating costs, projected revenue, and expenses.
Here are some steps you can follow to devise a financial plan for your transportation business plan:
Why do you need a business plan for a transportation business.
A business plan for a transportation business is essential for clearly outlining the goals and objectives of the business, laying out a roadmap for success, and providing investors with an understanding of how the business will operate. It should also include a description of the industry, market analysis, competitive analysis, sales and marketing plans, operational plans and financial projections. A comprehensive business plan helps ensure that all areas of the business have been considered and addressed so that the transportation business can develop and grow on a sound financial foundation.
You should consult with a business consultant or mentor who has experience in the transportation industry. They can provide you with advice and guidance on the best strategy for your business plan. Additionally, you may also want to consider reaching out to local resources such as the Small Business Administration or entrepreneurs in your area who have had success in the transportation industry.
Writing a business plan can be an involved and time-consuming process. If you have the necessary knowledge, experience and time to dedicate to the task, then it is possible to write a comprehensive transportation business plan yourself. Depending on your particular area of focus, you may need to research the industry, regulations and potential customers. Writing the business plan should include information on your overall strategy, market analysis, marketing tactics, implementation timeline, financial projections and more. Depending on your goals and resources, it is also possible to hire a professional consultant or business plan writer to help create your business plan.
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Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.
From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.
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Over the past 20+ years, we have helped over 1,000 entrepreneurs and business owners create business plans to start and grow their transportation businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a transportation business plan template step-by-step so you can create your plan today.
Download our Ultimate Business Plan Template here >
A business plan provides a snapshot of your transportation business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes market research to support your plans.
If you’re looking to start a transportation business, or grow your existing transportation business, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your transportation business in order to improve your chances of success. Your business plan is a living document that should be updated annually as your company grows and changes.
With regards to funding, the main sources of funding for a transportation business are personal savings, credit cards, bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for transportation businesses.
How to write a business plan for a transportation company.
If you want to start a transportation business or expand your current one, you need a business plan. Below we detail what you should include in each section of your own business plan:
Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.
The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of transportation business you are operating and the status. For example, are you a startup, do you have a transportation business that you would like to grow, or are you operating transportation businesses in multiple markets?
Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the transportation industry. Discuss the type of transportation business you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your marketing plan. Identify the key members of your team. And offer an overview of your financial plan.
In your company analysis, you will detail the type of transportation business you are operating.
For example, you might operate one of the following types of transportation businesses:
In addition to explaining the type of transportation business you will operate, the Company Analysis section of your business plan needs to provide background on the business.
Include answers to question such as:
In your industry analysis, you need to provide an overview of the transportation industry.
While this may seem unnecessary, it serves multiple purposes.
First, researching the transportation industry educates you. It helps you understand the market in which you are operating.
Secondly, market research can improve your strategy, particularly if your research identifies market trends.
The third reason for market research is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.
The following questions should be answered in the industry analysis section:
The customer analysis section must detail the customers you serve and/or expect to serve.
The following are examples of customer segments:individuals, seniors, families, and companies that need to transport their products.
As you can imagine, the customer segment(s) you choose will have a great impact on the type of transportation business you operate. Clearly, companies would respond to different marketing promotions than individuals, for example.
Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, include a discussion of the ages, genders, locations and income levels of the customers you seek to serve.
Psychographic profiles explain the wants and needs of your target customers. The more you can understand and define these needs, the better you will do in attracting and retaining your customers.
Don’t you wish there was a faster, easier way to finish your business plan?
With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less!
Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.
Direct competitors are other transportation businesses.
Indirect competitors are other options that customers have to purchase from that aren’t direct competitors. This includes transportation companies such as limousines, bicycle services, car rental companies, etc.
With regards to direct competition, you want to describe the other transportation businesses with which you compete. Most likely, your direct competitors will be transportation businesses located very close to your location.
For each such competitor, provide an overview of their businesses and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:
With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.
The final part of your competitive analysis section is to document your areas of competitive advantage. For example:
Think about ways you will outperform your competition and document them in this section of your plan.
Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a transportation company, your marketing plan should include the following:
Product : In the product section, you should reiterate the type of transportation company that you documented in your Company Analysis. Then, detail the specific products you will be offering. For example, in addition to transportation services, will you provide GPS tracking, 24/7/365 service, client communication, and any other services?
Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your marketing plan, you are presenting the services you offer and their prices.
Place : Place refers to the location of your transportation company. Document your location and mention how the location will impact your success. For example, is your transportation business located near a warehouse district, an office complex, an urban setting, or a busy neighborhood, etc. Discuss how your location might be the ideal location for your customers.
Promotions : The final part of your transportation marketing plan is the promotions section. Here you will document how you will drive customers to your location(s). The following are some promotional methods you might consider:
While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.
Everyday short-term processes include all of the tasks involved in running your transportation business, including cleaning the vehicle, any necessary mechanical needs the vehicle may require, fueling the vehicle, and informing clients of location and status updates.
Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to obtain your XXth client, or when you hope to reach $X in revenue. It could also be when you expect to expand your transportation business to a new location.
To demonstrate your transportation business’ ability to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.
Ideally you and/or your team members have direct experience in managing transportation businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.
If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act like mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing a transportation business or is connected to a wide network of professional associations.
Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet and cash flow statements.
Income Statement : an income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenues and then subtracts your costs to show whether you turned a profit or not.
In developing your income statement, you need to devise assumptions. For example, will you take on one new client at a time or multiple new clients with multiple vehicles and drivers ? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.
Balance Sheets : Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your transportation business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a bank writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.
Cash Flow Statement : Your cash flow statement will help determine how much money you need to start or grow your business, and make sure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.
In developing your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a transportation business:
Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your vehicle lease or cost, types of customer you will be targeting, and the areas your transportation business will serve.
Putting together a business plan for your transportation business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will really understand the transportation industry, your competition, and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful transportation business.
Don’t you wish there was a faster, easier way to finish your Transportation business plan?
Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success. Click here to see how Growthink’s business plan advisors can give you a winning business plan.
Transport and logistics business is a vital part of the American infrastructure, keeping the country’s economy moving as goods progress from supplier to customer. The transportation industry is made up of companies in providing a variety of transportation services over varying distances, and all are central to our economy.
Aerospace logistics.
This type of business caters to the need for international shipping services. Airfreight requires less packaging and reduced insurance when compared to ocean travel. That means it can be less expensive to transport when taking time and materials into consideration.
The two most significant benefits of air transport are:
However, a few disadvantages to consider about air transport are:
Combined with truckload shipping and aerospace logistics, rail freight is a crucial component of the U.S. logistics system. Managing the rail system is a big task, though, so it’s a good idea to hire a freight company that can manage intermodal shipping or multimodal shipping.
This business segment has been further classified into the following sub-segments:
Customers look for a Company that can handle a multitude of situations. Customers decide according to their needs, e.g., if they need a full truckload, a less than truckload carrier, delicacy/fragility, and items’ sensitivity.
This subsector includes establishments occupied with the truck transportation of goods. These establishments might be carrying general cargo or specialized freight.
The specialized cargo includes goods that, on account of size, weight, shape, or other inherent characteristics, require particular equipment for transportation. Establishments might be operating locally inside a metropolitan zone and Its hinterland, or over significant distances, that is between metropolitan territories.
General freight companies don’t need the utilization of particular equipment and handle a wide variety of commodities, Freight is generally palletized and transported in a container or van trailer. General freight companies comprise two types local general freight trucking, long-distance, and General Freight-Trucking.
General Freight Trucking, Local
These companies usually provide trucking within a metropolitan area that may cross state lines. Generally, the trips are same-day returns.
General Freight-Trucking, Long-Distance
These companies primarily engaged in long-distance, general freight trucking, primarily providing trucking services between metropolitan areas.
Establishments usually provide trucking between metropolitan areas that cross North American countries’ borders . The industry includes establishments operating as truckload (TL) or less-than-truckload ( LTL ) carriers.
Less-than-truckload refers to products and commodities that do not fill up the whole truck. This provides the option for other shippers to join together to save more money for smaller shipments. Full-truckload (FTL) is the Inverse; a whole truck is devoted to one transporter
Once you place your order and submit paperwork, the shipping of your vehicle will be booked by the dates on your transportation request.
After a truck has been appointed, you will get a call from the driver to plan the pickup time and date. Want to know about the cost of shipping a car across the states and internationally? this topic might be helpful for you to determine the cost of shipping a car .
Jumping into such an economically important trade stream , with literally millions of people relying on your ability to manage your time, takes a lot of planning and a deep understanding of the logistics involved in making your company work.
If you’re thinking about starting a transport business , you should pay attention to what you’ll need to know, study and acquire before you get started.
It’s important to prioritize setting a strong foundation now to avoid stress and challenges in the future. The following are 7 steps to starting your own transportation company.
The first step to starting a transportation business is defining who and what you will serve. The question is, “What niche do I want to enter?”. As previously mentioned, there are a variety of transport companies, and only one type is likely to be successful.
If you’re not sure what to choose, research the supply and demand in your area. Offering a solution to a specific and relevant need or problem ensures that you’ll have a steady client base when you open.
For a transport and logistics company to succeed, you have to know what your goals are. Prepare a logistics and transport business plan that reflects your vision for your company. Ensure your marketing plan includes the budget and projections for your startup.
We make writing business plans easy for our clients. Our professional business plan writers have written more than 15000 business plans for over 400 industries in the last decade.
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As soon as you choose a niche and learn everything you can about it, you will be ready to move on to the business model stage. Here you will set up your business structure and fill in your operational information. You have several options for setting up a specialized business model.
Wise Business Plans offer you a wide range of business formation services to make it easy for you to incorporate a transport business and focus on other tasks.
Register a transport business entity now
The first step in your transportation service journey is establishing yourself as a business. To do this, you need to get a business license from your local or state authorities. Since business license rules vary by region, you should also check with your local government.
You need to apply for a federal tax identification number, or employer identification number (EIN) before you open a business.
To start a transportation service, you must be licensed. Why does a transportation business need more permits than other kinds of businesses? The answer is that in many scenarios, you will work with passengers, people, and other precious cargo.
Wise business plans have simplified the process for you to get your transport business licenses, tax registrations, and seller’s permits in just minutes!
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Personal asset protection is enhanced when you open specialized business banking and credit accounts. When your personal and professional accounts are mixed, your personal assets (your home, automobile, and other valuables) are vulnerable if your company is sued.
Furthermore, learning how to establish business credit may assist you in receiving credit cards and other financial resources in your transport and logistic business’s name (rather than yours), improved interest rates, greater lines of credit, and more.
Apart from being a requirement when applying for business loans, establishing a business bank account has several benefits.
Recommended: To discover the greatest bank or credit union, read our Best Banks for Small Business review .
Net 30 payment terms are used to establish and develop business credit as well as boost company cash flow. Businesses purchase products and pay off the whole amount within a 30-day period using a net 30 account.
Net 30 credit vendors are reported to the major business credit bureaus (Dun & Bradstreet, Experian Business, and Equifax Business Credit). This is the way businesses build business credit to qualify for credit cards and other lines of credit.
Recommended: Read our list of the top net 30 vendors guide to start getting business credit or simply open your net 30 account with wise business plans in seconds.
It’s exciting to open a business credit card for your transport business. A business credit card can assist you to establish credit, safeguard your company financially, access rewards (such as cash back), and simplify cash flow. It can also assist you to manage your expenditures.
Pro Tips: Take a look at our list of the 11 best business credit cards and decide which one is the right fit for you.
If your company picks the right vehicles, your drivers will have the right equipment for the job. The result is efficiency and speed of service. A small van being used to carry a huge load will make your company look unprofessional, as will using a large bus trailer to haul limited cargo.
When choosing your logistics vehicles, you should consider the following:
“There are a lot of government regulations when moving items from country to country,” said Joseph Ferriolo, Director of Wise BusinessPlans. “We support the companies that ease stress for clients, businesses, and individuals by taking care of their essential equipment and household goods during long-distance moves.
By offering them a high-quality business plan for a transportation company and accompanying services that can pave the way to a more prosperous business future, we work to give them a better long-term business life “, said Ferriolo.
Trucking operators often find transport and trucking business plan vital to planning routes and suppliers and looking ahead to the future of the company in a changing economic environment. A trucking business plan is essential for creating a trucking company with a solid foundation and the ability to both compete and deliver.
“ Business planning is what we do and we strive to do it with accuracy and professionalism, always with our client’s best interests in mind,” Ferriolo added.
The wise business plan is committed to helping transport companies to register their businesses, creating a high-quality transport and logistics business plan to get funded.
Executive summary.
Once the stages of gathering data and brainstorming are over, it is time to know the best way to execute your business plan. This is when the elaboration of an Executive Summary comes into play.
The operational plan describes how your transport and logistics business forwarding company will be structured, location, physical facilities, and equipment.
You should also make estimates about your company’s productive capacity and how many operations you can develop per month. In addition, you should outline the number of employees needed and the tasks that each one will have in your business.
After the Executive Summary, it’s time to describe the company description you must have to include 5 W’s in your and 1 H when drafting your first copy for the transport and logistics business plan.
Analyzing the market is one of the most fundamental steps to preparing a good transport and logistics business plan. At this stage, you will define who your customers, competitors, and suppliers will be, in addition to detailing the products and services you plan on offering in the transport and logistics business.
Identifying the target audience of your company is critical. It seems obvious, but it is important to remember: without customers, there is no way a company exists. Therefore, look for detailed information on who your ideal customer is, how they behave and what they seek in the marketplace.
After tracing the profile of your business’s target audience, it is important to think about the positioning of the services you’ll provide. Think about how you want your services to be seen by the international market to be chosen over your competitors. What do quality and cost-effectiveness mean for them?
The more specific market data you gathered in the first stage, the more knowledge you’ll have over the skills you need to develop in order to establish your transport and logistics business in the market.
It is also extremely important to find out if your transport and logistics business is financially viable. When it comes to financial terms, you should have a sense of how much should be invested to get your business started, considering aspects like rent, workforce, equipment, and registration fees.
You should also stipulate the capital necessary for your company to operate in the long term, making a balance between variable/invariable expenses and the expected revenue.
Download the business plan for transport and logistics in pdf or visit our shipping and logistics business plan sample page to learn what a business plan looks like.
In case you need examples of business plans for other industries, we have compiled a list of sample business plans for a wide range of industries to give you ideas.
Starting a transport business? Wise business plans offer you a quick and easy guide to starting your transport and logistics business , as well as assistance in every step along the way from funding to registering or licensing a business entity, branding, and marketing. Following are our main services
Wise business plans also offer a net 30 account application . A Net-30 account allows you 30 days to pay the bill in full after you have purchased products. Managing your business finances is also easier with Net 30 accounts. Apply for your net 30 business accounts now
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Published Aug.16, 2016
Updated Apr.24, 2024
By: Jakub Babkins
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Table of Content
Do you want to know how to start a transport business ? Well, technology hasn’t yet got sufficiently advanced to enable teleportation of things and thus humans have to still rely on old friends: trucks, vans, and cars for transportation.
The business is never going to fall in demand and immense profits can be generated through launching it if you are good at business management. To have a guide on how to start and run this business we’re providing a free business plan here. This business plan for transport was written for ‘Niro Transports’ a transport startup based in Atlanta.
You can benefit from here. Moreover, you can also hire our business plan writing services if you want to get a specialized business plan tailored to your needs.
2.1 the business.
Niro Transports will be owned by Tom Niro. The business will provide transport vehicles for enabling the transportation of goods in multiple domains. In the initial years, manufacturing and construction businesses will be specifically targeted so that they can be made to enter long-term contracts with us.
The crux of the transportation business lies in your managerial skills. A transport business cannot be run successfully if you are not willing to stay vigilant throughout the operational days. You have to have a strong hold over your employees, and you must have a mechanism to check and measure their performance.
To effectively manage your transport business, you will need to start by developing a transport company business plan. In your strategic business plan you should include the details of how many employees you will be hiring and how you will spend your finances to manage the business.
This transport business sample can serve as a model for you. From here you can learn how to start a transport company and manage it effectively by studying the real-life experience of Niro Transports.
Before starting a transport company you must study some transport business plans to identify the group of target customers. Generally, the customers of this enterprise are:
The fiscal business targets are demonstrated in the following graph. However, the business targets related to marketing and expansion of the transport network will be given in the next sections.
3.1 company owner.
Tom Niro will be the owner of Niro Transports. Niro has acquired a degree in Executive MBA. After excelling in his academic career, he went on to earn fame in the business world. Working for 4 years in the freight business, he earned a reputation as an honest and hard-working manager.
While working in the freight business, Niro came to have various transport ideas that he couldn’t implement due to having limited decision-making authority. Finally, he decided to exploit a transport business opportunity and manage it the way he wanted.
As per the transport company business plan of Niro Transports, the following steps should be taken to start this business.
Step1: Plan & Take Down
The first step is to develop a business plan transport company. Your strategic plan should cover all aspects such as how to get a transport contract, what would be the broad guidelines for agreements done to the consumer businesses etc. This business plan for transport company pdf will be elaborating all those aspects for your help.
Step2: Recruit
The next step is to hire talented and hardworking employees for your business. For the transport sector, you will need to hire relatively more employees in managerial positions as well as for the posts of drivers.
Step3: Get the Vehicles
To conduct the transport business, you will need to purchase vehicles of different sizes and functionality.
Step4: Market with a Strong Web Presence
Lastly, you will need to ensure a strong web presence to advertise your venture. Moreover, offline media should also be used to ensure the marketing is done rightly.
Legal | $134,400 |
Consultants | $0 |
Insurance | $23,100 |
Rent | $31,400 |
Research and Development | $10,000 |
Expensed Equipment | $53,200 |
Signs | $3,400 |
Start-up Assets | $213,400 |
Cash Required | $181,000 |
Start-up Inventory | $35,100 |
Other Current Assets | $231,000 |
Long-term Assets | $211,400 |
Start-up Expenses to Fund | $255,500 |
Start-up Assets to Fund | $871,900 |
Assets | |
Non-cash Assets from Start-up | $1,120,400 |
Cash Requirements from Start-up | $135,300 |
Additional Cash Raised | $50,000 |
Cash Balance on Starting Date | $35,000 |
Liabilities and Capital | |
Liabilities | $13,600 |
Current Borrowing | $0 |
Long-term Liabilities | $0 |
Accounts Payable (Outstanding Bills) | $63,500 |
Other Current Liabilities (interest-free) | $0 |
Capital | |
Planned Investment | $1,127,400 |
Investor 1 | $0 |
Investor 2 | $0 |
Other | $0 |
Additional Investment Requirement | $0 |
Loss at Start-up (Start-up Expenses) | $136,200 |
Services of transport business.
If you are starting your own transport business it would be good to have your hands on multiple transport business opportunities. For that, you should study many sample trucking business plans and notice which type of services they are providing. Since the services may overlap with those of other enterprises, it is advisable to also consult passenger transport business plan and general freight trucking business plan .
In this transport business plan, we are providing the services of Niro Transports so that you can have help with your transport proposal, if you plan to enter transport services business.
Our major service will be transporting raw food materials to the industries that deal in food products. We will also transport the raw items to hotels and motels that need an influx of new material on daily basis.
We will also serve in the arena of house shifting. To move the furniture and household appliances, we will provide both the vehicles and drivers.
We will also serve in the construction sector. We will procure vehicles specialized in functionality to carry grit, concrete, bricks, and other construction materials.
We will provide vehicles and drivers to enable transportation to and from manufacturing bases.
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There are various types of transport business and depending on your interest and area, the marketing analysis can be entirely different. For instance, if you are more towards transporting general goods, you would need trucking business plan doc.
For marketing analysis, you have to study how many businesses of the same type are operating near your startup. Moreover, you should study their respective strategies to conduct the business so to know how to succeed in transport business in that locality.
Since Niro decided to provide a myriad of services, the transport business plan developed by him can be taken as general guidance. If you are starting a transport business in any city, you can have help from here. You can get transport business tips, and a complete guidance on how to run transport business and how to manage transport business.
In the United States, more than 40k businesses are successfully running in each category such as freight packing and logistics, water transportation, moving services, taxi services, etc. Owners of these businesses are earning profits in billions in each category, as per the specified statistics by IBISWorld.
The market trends are promising and therefore if you are thinking about starting a transport business, you must go for it. Here is a complete guide on how to register a transport company and how to run a transport company for information.
The customers of the transport business are almost the same as those mentioned in starting a towing business plan and starting logistics business plan .
The biggest category of our target customers will be the manufacturing bases. They will need our services to get the raw materials, tools, and machinery transported to their sites. They will also need us to transport the finished products in bulk.
The construction businesses will be utilizing our services to get the construction material transported. In Atlanta, several construction businesses are located near the place where we have established ourselves. And thus, working with them will save us time and money.
Companies that prepare packed food items from the raw materials and hotels that cook their own meals will acquire our services.
People who do jobs usually possess a car or any vehicle for the commute. However, still, some of them are expected to avail themselves of our services.
Manufacturing Bases | 32% | 43,100 | 51,720 | 62,064 | 74,477 | 89,372 | 10.00% |
Construction Business | 26% | 33,100 | 39,720 | 47,664 | 57,197 | 68,636 | 10.00% |
Food Enterprises | 22% | 22,700 | 27,240 | 32,688 | 39,226 | 47,071 | 10.00% |
Home Shifting Businesses | 20% | 14,300 | 17,160 | 20,592 | 24,710 | 29,652 | 11.00% |
10% |
Niro Transports aim to meet the following business targets:
For the initial two years, we aim to keep our prices slightly less than our competitors. This will be done to expand the reach. However, following this time duration, we will raise the prices such that they become almost equivalent to those of our competitors.
Running a transport business demands huge investment in terms of both time and money. And unless you have the mindset determined enough, you would feel difficulty managing the business. Just searching on Google for I want to start transport business wouldn’t suffice. You have to research how to start a transport business in your preferred city. Moreover, you have to craft a business proposal for transport services.
The sales strategy of Niro Transports is given in this business plan of a transport company.
For more advertisement ideas, you may want to visit dump truck business plan sample as well as taxi company business plan .
Unit Sales | |||
Transporting Food Items | 1,200 | 1,272 | 1,348 |
Home Shifting | 950 | 1,007 | 1,067 |
Transporting Construction Material | 800 | 848 | 899 |
Transporting General Goods | 650 | 689 | 730 |
Unit Prices | Year 1 | Year 2 | Year 3 |
Transporting Food Items | $600.00 | $696.00 | $807.36 |
Home Shifting | $500.00 | $580.00 | $672.80 |
Transporting Construction Material | $700.00 | $812.00 | $941.92 |
Transporting General Goods | $1,200.00 | $1,392.00 | $1,614.72 |
Sales | |||
Direct Unit Costs | Year 1 | Year 2 | Year 3 |
Transporting Food Items | $200.00 | $220.00 | $231.00 |
Home Shifting | $200.00 | $220.00 | $231.00 |
Transporting Construction Material | $200.00 | $220.00 | $231.00 |
Transporting General Goods | $250.00 | $275.00 | $288.75 |
Direct Cost of Sales | |||
Most of the transport business depends on the dedication of drivers and the vigilance of managers. in your business plan transport company you must enlist the staff you would hire to fill up different positions. For your help, we are listing the personnel plan of Niro Transports in this transport business plan template free of cost. If you want to save the business plan for later use, you can download it from transport company business plan pdf.
Niro, the CEO, will hire the following people:
Operation Manager | $30,000 | $33,000 | $36,300 |
Sales Executives | $58,500 | $64,350 | $70,785 |
Digital Media Manager | $28,500 | $31,350 | $34,485 |
Customer Care Executive | $28,500 | $31,350 | $34,485 |
Technical Assistants (Mechanics) | $42,500 | $46,750 | $51,425 |
Drivers | $200,000 | $220,000 | $242,000 |
Making a comprehensive financial plan is essential to ensure that your business generates profit and remains safe from getting into a loss. The financial plan should cover detailed planning for at least three years. It should entail the expected sales, investments, earnings, and the ratios mentioned below.
In this transporter business plan the financial plan that enabled Niro to earn huge profits is given free of cost. Through this transport business plan sample you can have an insight into how much one can earn through this business.
While you skim through, you must identify that your profit generation would depend a lot on your transport business ideas. It is because due to increased competition, one has to be ultra-competitive and hardworking to earn fame in this field.
Plan Month | 1 | 2 | 3 |
Current Interest Rate | 8.12% | 8.20% | 8.26% |
Long-term Interest Rate | 8.40% | 8.44% | 8.47% |
Tax Rate | 24.03% | 24.21% | 24.60% |
Other | 0 | 0 | 0 |
Monthly Units Break-even | 5340 |
Monthly Revenue Break-even | $132,500 |
Assumptions: | |
Average Per-Unit Revenue | $231.00 |
Average Per-Unit Variable Cost | $0.62 |
Estimated Monthly Fixed Cost | $163,800 |
Other | $0 | $0 | $0 |
TOTAL COST OF SALES | |||
Expenses | |||
Payroll | $388,000 | $426,800 | $469,480 |
Sales and Marketing and Other Expenses | $145,000 | $148,000 | $156,000 |
Depreciation | $2,300 | $2,350 | $2,500 |
Leased Equipment | $0 | $0 | $0 |
Utilities | $2,900 | $3,000 | $3,100 |
Insurance | $2,100 | $2,100 | $2,100 |
Rent | $2,900 | $3,000 | $3,200 |
Payroll Taxes | $24,000 | $25,000 | $27,000 |
Other | $0 | $0 | $0 |
Profit Before Interest and Taxes | $1,215,300 | $1,629,371 | $2,192,765 |
EBITDA | $1,215,300 | $1,629,371 | $2,192,765 |
Interest Expense | $0 | $0 | $0 |
Taxes Incurred | $243,060 | $325,874 | $438,553 |
Net Profit | $972,240 | $1,303,497 | $1,754,212 |
Net Profit/Sales | 38.35% | 41.82% | 45.77% |
Cash Received | |||
Cash from Operations | |||
Cash Sales | $51,000 | $55,080 | $59,486 |
Cash from Receivables | $22,000 | $23,760 | $25,661 |
SUBTOTAL CASH FROM OPERATIONS | |||
Additional Cash Received | |||
Sales Tax, VAT, HST/GST Received | $0 | $0 | $0 |
New Current Borrowing | $0 | $0 | $0 |
New Other Liabilities (interest-free) | $0 | $0 | $0 |
New Long-term Liabilities | $0 | $0 | $0 |
Sales of Other Current Assets | $0 | $0 | $0 |
Sales of Long-term Assets | $0 | $0 | $0 |
New Investment Received | $0 | $0 | $0 |
SUBTOTAL CASH RECEIVED | |||
Expenditures | Year 1 | Year 2 | Year 3 |
Expenditures from Operations | |||
Cash Spending | $42,000 | $42,000 | $45,000 |
Bill Payments | $27,000 | $28,000 | $31,000 |
SUBTOTAL SPENT ON OPERATIONS | |||
Additional Cash Spent | |||
Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 |
Principal Repayment of Current Borrowing | $0 | $0 | $0 |
Other Liabilities Principal Repayment | $0 | $0 | $0 |
Long-term Liabilities Principal Repayment | $0 | $0 | $0 |
Purchase Other Current Assets | $0 | $0 | $0 |
Purchase Long-term Assets | $0 | $0 | $0 |
Dividends | $0 | $0 | $0 |
SUBTOTAL CASH SPENT | |||
Net Cash Flow | $21,000 | $23,000 | $25,000 |
Cash Balance | $27,000 | $30,000 | $33,000 |
Assets | |||
Current Assets | |||
Cash | $275,000 | $308,000 | $338,800 |
Accounts Receivable | $24,000 | $26,880 | $30,213 |
Inventory | $4,300 | $4,816 | $4,900 |
Other Current Assets | $1,000 | $1,000 | $1,000 |
TOTAL CURRENT ASSETS | |||
Long-term Assets | |||
Long-term Assets | $10,000 | $10,000 | $10,000 |
Accumulated Depreciation | $19,400 | $21,728 | $24,444 |
TOTAL LONG-TERM ASSETS | |||
TOTAL ASSETS | |||
Liabilities and Capital | Year 4 | Year 5 | Year 6 |
Current Liabilities | |||
Accounts Payable | $18,700 | $20,944 | $23,541 |
Current Borrowing | $0 | $0 | $0 |
Other Current Liabilities | $0 | $0 | $0 |
SUBTOTAL CURRENT LIABILITIES | |||
Long-term Liabilities | $0 | $0 | $0 |
TOTAL LIABILITIES | |||
Paid-in Capital | $30,000 | $30,000 | $31,000 |
Retained Earnings | $53,000 | $57,770 | $63,547 |
Earnings | $193,400 | $210,806 | $231,887 |
TOTAL CAPITAL | |||
TOTAL LIABILITIES AND CAPITAL | |||
Net Worth | $293,400 | $319,806 | $351,787 |
Sales Growth | 7.25% | 8.03% | 8.90% | 3.00% |
Percent of Total Assets | ||||
Accounts Receivable | 9.21% | 10.20% | 11.31% | 9.80% |
Inventory | 5.39% | 5.97% | 6.62% | 9.90% |
Other Current Assets | 2.11% | 2.34% | 2.59% | 2.40% |
Total Current Assets | 149.80% | 151.00% | 152.00% | 158.00% |
Long-term Assets | 11.55% | 11.60% | 11.64% | 12.00% |
TOTAL ASSETS | ||||
Current Liabilities | 4.90% | 4.94% | 4.98% | 4.34% |
Long-term Liabilities | 0.00% | 0.00% | 0.00% | 0.00% |
Total Liabilities | 7.59% | 7.65% | 7.72% | 7.38% |
NET WORTH | ||||
Percent of Sales | ||||
Sales | 100.00% | 100.00% | 100.00% | 100.00% |
Gross Margin | 94.60% | 97.15% | 99.87% | 99.00% |
Selling, General & Administrative Expenses | 93.56% | 96.09% | 98.78% | 97.80% |
Advertising Expenses | 1.52% | 1.56% | 1.60% | 1.40% |
Profit Before Interest and Taxes | 41.50% | 42.62% | 43.81% | 33.90% |
Main Ratios | ||||
Current | 34 | 35 | 36 | 32 |
Quick | 33 | 33.8 | 34.645 | 33 |
Total Debt to Total Assets | 0.18% | 0.18% | 0.17% | 0.40% |
Pre-tax Return on Net Worth | 74.08% | 74.89% | 75.00% | 75.00% |
Pre-tax Return on Assets | 96.30% | 101.12% | 106.17% | 111.30% |
Additional Ratios | Year 1 | Year 2 | Year 3 | |
Net Profit Margin | 33.56% | 34.60% | 35.67% | N.A. |
Return on Equity | 55.80% | 57.53% | 59.31% | N.A. |
Activity Ratios | ||||
Accounts Receivable Turnover | 7.7 | 7.8 | 7.8 | N.A. |
Collection Days | 100 | 100 | 100 | N.A. |
Inventory Turnover | 32.4 | 34.02 | 35 | N.A. |
Accounts Payable Turnover | 15.6 | 16 | 16.3 | N.A. |
Payment Days | 27 | 27 | 27 | N.A. |
Total Asset Turnover | 2.5 | 2.5 | 2.6 | N.A. |
Debt Ratios | ||||
Debt to Net Worth | -0.04 | -0.03 | -0.04 | N.A. |
Current Liab. to Liab. | 1 | 1 | 1 | N.A. |
Liquidity Ratios | ||||
Net Working Capital | $244,000 | $257,664 | $272,093 | N.A. |
Interest Coverage | 0 | 0 | 0 | N.A. |
Additional Ratios | ||||
Assets to Sales | 0.85 | 0.87 | 0.89 | N.A. |
Current Debt/Total Assets | 1% | 0% | 0% | N.A. |
Acid Test | 29 | 29.12 | 29.16 | N.A. |
Sales/Net Worth | 2.1 | 2.2 | 2.2 | N.A. |
Dividend Payout | 0 | 0 | 0 | N.A. |
Goods transport business is profitable in all domains and entirety. Though air transportation is considered the most profitable, the fact is you can make immense profits in other domains with relative ease and freedom.
To write a business plan for transport, you need to have an understanding of business terms and trends. It is good to hire a specialist to make a transport company business plan for you. For an idea about what the transport business plan would look like, you can see this sample business plan transport company.
The 4 types of transportation are Marine Transportation, Air Transportation, Road Transportation, and Rail Transportation.
To start the transport business in any U.S. city, you need to first get transport company registration. Further steps can be seen in detail from this blog on how to start a transport company in any city.
Download Transport Business Plan Sample in pdf
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Free Download: Sample Trucking Business Plan Template. A business plan will help you determine the startup costs you'll need for staffing, licensing and insurance. An effective business plan will also help you determine the best strategic opportunities for your business through an analysis of market opportunities and challenges. In this guide ...
The following industry statistics bode well for [Company Name]. According to the recent report entitled, "Long-Distance Freight Trucking in the U.S." by the American Trucking Association, the trucking industry's annual revenue is approximately $220.9 billion, with an estimated gross profit of 7.7%.
Business Plan. Creating a comprehensive business plan is crucial for launching and running a successful trucking business. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your trucking business's identity, navigate the competitive market, and secure funding for growth.
Le transport logistique est un secteur en pleine croissance qui offre des possibilités illimitées aux entrepreneurs. Découvrez comment vous pouvez tirer parti de ce marché en téléchargeant notre Business Plan de 35 pages (PDF). Apprenez les meilleures pratiques et les stratégies à adopter pour réussir dans ce secteur dynamique et rentable.
We have prepared a solid trucking business plan example that guides you on every stage of your business plan writing. Download Template. Create a Business Plan. With the boom in online ordering and cross-border transactions, the demand for trucking is on the rise, and there is no stoppage in the near future. Thus, if you are planning to start ...
Here is a free business plan sample for a transportation company. January 29, 2024. If the open road calls to you and you envision starting your own transportation company, you've navigated to the perfect starting point. In the content that follows, we will steer you through a comprehensive sample business plan tailored for a transportation ...
The breakout of the funding is below: Warehouse build-out: $50,000. Trucks, equipment, and supplies: $20,000. Three months of overhead expenses (payroll, rent, utilities): $180,000. Marketing costs: $30,000. Working capital: $20,000. Easily complete your trucking business plan! Download the trucking business plan template (including a ...
Information provided in this business plan is unique to this business and confidential; therefore, anyone reading this plan agrees not to disclose any of the information in this business plan without prior written permission of the Company. Prepared By 10200 Bolsa Ave, Westminster, CA, 92683. John Doe [email protected]. . (650) 359-3153. .
Marketing Plan This part of the business plan is where you determine and document your marketing plan. . Your plan should be laid out, including the following 4 Ps. Product/Service: Detail your product/service offerings here. Document their features and benefits. Price: Document your pricing strategy here. In addition to stating the prices for your products/services, mention how your pricing ...
These professional business plans encompass a wide spectrum of transportation services, including freight, passenger transit, and niche transport solutions. Each plan provides a structured approach to market analysis, operational logistics, compliance with regulatory standards, and financial management. These strategic blueprints are essential ...
Timely Trucking is a new medium- and long-haul dry van trucking business based on Portland, Oregon and founded by veteran entrepreneur Jim Kerrigan. Timely Trucking will serve businesses in the Pacific Northwest (eventually expanding to include Washington, Oregon, Idaho, Montana, and Wyoming) with freight hauling and logistics management services.
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Tip 1: Determine the Goals. Having a clear picture and vision of what your transportation company proposal should look like when it is launched will put you ahead of any other issues and questions that may occur. However, having a defined aim can assist and inspire you to make your plans a reality.
Télécharger votre business plan de transport de marchandises en PDF et Excel. L'accessibilité et la flexibilité sont des aspects clés d'un business plan efficace. Avec Angel, une fois votre plan finalisé, vous avez la possibilité de le télécharger en formats PDF et Excel. Le format PDF est idéal pour une présentation professionnelle ...
How to Write a Transportation Business Plan in 7 Steps: 1. Describe the Purpose of Your Transportation Business. The first step to writing your business plan is to describe the purpose of your transportation business. This includes describing why you are starting this type of business, and what problems it will solve for customers.
Transportation Business Plan. Over the past 20+ years, we have helped over 1,000 entrepreneurs and business owners create business plans to start and grow their transportation businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a transportation ...
ABC Transport Group is a new freight trucking company located in Baltimore, MD. The company plans to provide both long-haul and short-haul trucking services, transporting freight as an independent contractor for other companies. The business plan outlines the company's management team, products and services, target markets, growth strategies, and 3-year financial projections. The owner, John ...
It's important to prioritize setting a strong foundation now to avoid stress and challenges in the future. The following are 7 steps to starting your own transportation company. 1. Choose a Transport Niche. The first step to starting a transportation business is defining who and what you will serve.
Having this context is key for the reader to form a view on whether or not they believe that your plan is achievable and the numbers in your forecast realistic. The written part of a transportation company business plan is composed of 7 main sections: The executive summary. The presentation of the company.
For the transport sector, you will need to hire relatively more employees in managerial positions as well as for the posts of drivers. Step3: Get the Vehicles. To conduct the transport business, you will need to purchase vehicles of different sizes and functionality. Step4: Market with a Strong Web Presence.
2 Business Plan 2022/23 Contents 04 Chair's welcome 06 Vice-chairs' forewords 08 Transport for the North 10 Building on Success 14 Our Strategic Plan 16 Shaping the Future 18 Implementation through Collaboration 20 Evidence Based Strategic Thinking 22 Our Values and Behaviours 24 Our People and Finances 28 Annex: Key Performance Indicators 3 Business Plan 2022/23
Description. The purpose of the Highways Program is to provide highway infrastructure and services to support the provision of safe, reliable, and cost‐effective inter‐community travel and road transportation services. The department is responsible for operating, maintaining, rehabilitating, and upgrading highway infrastructure.
X Press Transportation Business Plan PDF - Free download as PDF File (.pdf), Text File (.txt) or read online for free. The document is a business plan for XPRESS Transportation Services Incorporated, owned by Mr. Douglas Gittens. It seeks to obtain a $6 million loan to expand from a taxi service into trucking, purchasing a Bedford truck. The plan aims to provide high quality and reliable ...