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ABC TRUCKING INC.

Abc trucking inc

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Page 1: Abc trucking inc

ABC TRUCKING INC.

Page 2: Abc trucking inc

Purpose

Business Plan

Shortage of Small Transportation Companies

Driver Shortage for Semi-Trucks

Need to Transport Refrigerated Goods to Retail Locations

Page 3: Abc trucking inc

ISSUES TO BE EXAMINED

Financial Considerations

To go Owner-Operator

Equipment

Legal

Page 4: Abc trucking inc

Market Analysis Industry Description and Outlook

Information About Target Market

Size of the primary target market

Competitive Analysis

Page 5: Abc trucking inc

Regulatory Restrictions

Hours of Service

Insurance minimum increase

Page 6: Abc trucking inc

Regulatory Restrictions Speed Limiters

Electronic Logging Device Mandate

Page 7: Abc trucking inc

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.

Page 8: Abc trucking inc

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.

Page 9: Abc trucking inc

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

Page 10: Abc trucking inc

Conclusion Small Business Ownership

Creating jobs

Realization of a Dream

Page 11: Abc trucking inc

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