Why do you need it?
It is a must-have. Deal with it. If you lack it – you’ll fail. It is basically your battle strategy for the development of your trucking business, which consists of every important thing – from attracting clients to finances. If you want to know more about it – read this guide.
What is it made up of?
Executive Summary:
The first entrance should be a summary of all the key points of your trucking venture. Basically a simplified retelling of your entire plan.
Financial Projections
One of the most important parts. Here you will put all the info considering your finances, which is vital for the trucking industry. Your income sources, and your expenses.If you don’t want to get in the red while managing your trucking venture – this is your key for that.
Discussion of Funding Needs
Here you must write a thorough explanation of anything that involves money in your trucking company. What are you spending it on? What else is needed to be bought for your trucking venture, etc. Every expense must be written down and explained.
Trucking Market Analysis
Identification of Opportunities and Threats:
Owning a trucking company is like captaining a submarine. Before you do anything – you need ti scan your surroundings. And by surroundings we mean the trucking market of course. It plays a huge role in creating strategies and dodging traditional trucking risks.
Marketing and Sales Approach
Description of Marketing and Sales Approach:
Friends, connections, marketing strategies. Anything related to your trucking company’s promotion is to be placed here. And do not forget about the prices!
Mission Statement and Values of the trucking company:
In this section, you need to talk about the values of your trucking business that lay in its foundation.
Trucking Company Description
Details about the Company:
In this section, you must show the whole story of your trucking business, highlighting the important parts and achievements, if you have any.
Services and Target Market:
That’s simple. You probably know where it’s going. That’s right – you need to write about the stuff your trucking company does for your target audience, and how much you usually ask in monetary compensation.
Organizational Structure
This part should be a plan of your trucking company structure which should include such stuff as key management positions, partnerships and other contacts needed for the operations of your trucking business.