Abc trucking inc

Preview:

Citation preview

ABC TRUCKING INC.

Purpose

Business Plan

Shortage of Small Transportation Companies

Driver Shortage for Semi-Trucks

Need to Transport Refrigerated Goods to Retail Locations

ISSUES TO BE EXAMINED

Financial Considerations

To go Owner-Operator

Equipment

Legal

Market Analysis Industry Description and Outlook

Information About Target Market

Size of the primary target market

Competitive Analysis

Regulatory Restrictions

Hours of Service

Insurance minimum increase

Regulatory Restrictions Speed Limiters

Electronic Logging Device Mandate

Organization & Management Incorporated – will help with future expansion.

Single Owner – Has CDL and Five years driving experience -

Over the Road.

Single Employee for Start Up – Owner is employee

Owner will start out with one Semi and increase every two to

four years

Goal is Five Trucks and Drivers.

Capital & Equipment Needed Needed amount of Capital - $25,000

Equipment Needed:

1. 2004 870 Volvo Semi – Asking Price $23,000, (500,000

Miles)

2. GPS - $400

Insurance $1,600

Bottom Line Up Front – Minimum Investment, Money paid

back in 24 months.

Finances & Revenue

Revenue

Guaranteed Loads to West Coast and Back

Receives 80% of payment from distributors payment

Average take home pay approximately $2,200 every run, run

time approximately 8 days.

Finances

Checks for fuel – Average $4.00 gallon

Maintenance Fund – Approximately $1,500 Cash

Conclusion Small Business Ownership

Creating jobs

Realization of a Dream

References Badkar, M. (2014, August 04). There's A Huge Shortage Of Truck

Drivers In America — Here's Why The Problem Is Only Getting Worse. Retrieved from http://www.businessinsider.com: http://www.businessinsider.com/americas-truck-driver-shortage-2014-7

Equipment Selection for Owner Operators. (2013). Retrieved from http://www.findatruckingjob.com: http://www.findatruckingjob.com/trucking-info/trucking-articles/equipment-selection-owner-operators

Financial Considerations for Owner Operators. (2013). Retrieved from http://www.findatruckingjob.com: http://www.findatruckingjob.com/trucking-info/trucking-articles/financial-considerations-owner-operators

UnitedWorldTransport. (2014). Regulatory Review – 2015 Outlook. Retrieved from http://unitedworldtransportation.com: http://unitedworldtransportation.com/regulatory-review-2015-outlook/

Valu Line. (2015). Industry Analysis: Trucking. Retrieved from http://www.valueline.com: http://www.valueline.com/Stocks/Industry_Report.aspx?id=7179#.VPyi_LktGUk

Recommended