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📖 Description
Our Business Plan accommodates 1-10 trucks & trailers. We added an actual Business Plan Trucking for 4 trucks, prepared by a Finance & Tax Service in our 2015 Edition. Apply for a Government Funded Loan (SBA loan) instead of a Conventional Loan? The interest rate for a government funded loan is the current prime rate plus 1.75 to 6.5 points depending on your credit history and can be granted up to 15 years. The interest rate for a conventional loan is up to 6-8% higher and the term is averaging only up to 5 years. Even if your credit history is not perfect, you have a much better chance to get approved for an SBA loan than for a conventional loan. You need a professional business plan to achieve your goals. It will increase if you are a minority such as African American, Native American, Hispanic American and Asian American, or if you are a woman-owned business. Note: You will not only receive instructions what to do and more importantly what not to do, you will also receive an actual trucking business plan which you can update with your personal information. You find the following topics in the table of contents. Introduction to your Trucking Company Business Plan - Information on grants & SBA loans and how to apply - Personal Financial Evaluation - Net Worth Assessment - The Trucking Company Business Plan Cover Sheet - The Business Plan - Choosing a legal Business Structure - Product and Service List - Start-Up Costs and Capitalization Purpose, Legal Form of Organization and Ownership The Service The Competition Marketing/Sales Plan ( Introducing company to potential customers ) Plan for convincing potential customers Revenue projection Operations / Management Plan Space requirements Insurance Safety Issues Executive Summary Cash requirements to start-up Work Sheet to compile assets Work Sheet to calculate monthly expenses Financial Projection for 1 year/1 truck Financial Projection for 1 year/10 trucks Sample spread sheet 1 year/12 month