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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