Freight Brokers and Silicon Chips The freight broker industry is the middle man of the shipping industry. They are also known as third party transportation providers. Freight brokers provide a service by linking customers with shippers and trucking companies. Their service is indispensable when moving goods throughout this country as there are literally hundreds of different shippers offering thousands of different services.
This document presents the main focus of the business, its mission and goals, and its clear plan for how the business will operate.
Creating a business plan for a trucking company requires a careful look at the operational and financing specifics of the business within the requirements of the trucking industry as a whole, as well as the individual objectives for that company.
Describe Your Business Describe your trucking business in detail. Write down a description of the business that you are starting, including your reasons for starting it and the specific type of trucking that you will do.
Make notes about the cargo that you intend to haul and the companies that you intend to work for. Remember that trucking companies specialize in carrying goods from one location to another instead of actually supplying those goods, so you need to have or begin developing relationships with the companies that manufacture the items your drivers will transport.
Identify Your Financial Situation Identify the financial costs and expected gains from your trucking business.
Describe the capital that you currently have or can obtain such as through loans or grantsand specify the costs that you anticipate for running the business, including employee pay and insurance and licensing expenses.
Note the number of trucks you plan to have, and pinpoint the cost of purchasing, driving and maintaining the trucks. Cover such details as cost and expected return for the first three months to provide yourself with a clear financial goal as you get the business off the ground.
Consider Marketing Describe the marketing and advertising that will support your trucking business.
Decide if you will hire an outside firm or keep the marketing in-house. Allocate the costs for marketing and advertising, taking into consideration how much you want to spend on marketing the business and how much of a return you expect from the marketing. Specify the type of marketing that you will use, whether it is in the Yellow Pages or in trade magazines.
Utilize charts and graphs that will show projected results.
Specify Operation Details Identify the management and operational details for your trucking company. Specify who the drivers will be and how you will hire them. Reliable trucking companies have highly credentialed and experienced drivers who are familiar with maneuvering the highways and getting the cargo to and from their destinations in time.
Explain how you will maintain the licensing requirements for trucks and drivers and how you will implement health and safety regulations for the company. Banks and grant agencies require business plans before they will provide the financing for the company.
A clear business plan that shows how you plan to operate the trucking company and offers graphs showing projected costs and growth will help you get the funding that you need.Create a New Business Plan.
Mike's Trucking plans to acquire the best equipment for the job.
Mike's Trucking will focus mainly on the food industry companies in the United States. However, in the future the company plans to diversify into other industries. Mike's Trucking Service general freight trucking business plan executive summary.
Mike's Trucking Service is an established freight trucking services provider hoping to capture the majority of the market throughout Texas/5(56). Comply with all trucking-specific business licenses, permits, and forms. In addition to the general federal and state requirements, there are tax, license, and permit regulations that apply specifically to .
Trucking Company Business Plan – SALES AND MARKETING STRATEGY Networking is an effective way to begin building your client base and we have plans in place to leverage on all our networks.
In view of that, we will look out for gatherings where we can network with captain of industries, entrepreneurs, manufacturers and merchant et al. While a Business Plan may vary in how it is organized, LawDepot's Business Plan initiativeblog.com has been visited by K+ users in the past monthPreview Your Document · % Quality Guaranteed · Live Help, Chat, Phone · Trusted Legal FormsTypes: Professional Services, Retail, Agriculture, Construction, Technical Services.