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What Do You Need To Start A Trucking Company Free PDF Book

Starting a Trucking Business

 

How to Start a Trucking Business - Free Book


Are you considering starting a Trucking Business? if yes, you'll find this free book to be extremely helpful.

This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.

The Single Most Important Ingredient for Business Success

The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.

Sounds exaggerated? Listen to this...

According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.

This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.

Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.

"Why Invent Mediocrity, When You Can Copy Genius?"

That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate Printing Business. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?

[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]

Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful internet based information business. I'm also the author of numerous books, mostly in the area of small business management.

I've been involved in small business for the past 31 years of my life, as a business coach, manager of a consulting firm, a seminar leader and as the owner of five successful businesses.

During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.

Here's what you'll discover in the 'How to Start a Printing Business' book:

How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.

A detailed manual that will walk you step by step through all the essential phases of starting your business

A complete business plan template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).

All this and much much more.

Success Tip: Setting Goals

Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.

Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.

Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.

Click here! to download your book for free (PDF version)

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Here's a Sample 'Executive Summary' for a Trucking Business plan:

COMPANY NAME is a well established trucking and freight company. The company is engaged in the services of delivering cargo for many of the manufacturers in Buckhannon, West Virginia, providing wood products, aluminum, fabricated building, and fencing products to locations across the country.  
The company is dedicated to providing the highest quality services, meeting the required delivery dates and executing the pickup and delivery of the cargo in accordance with the client’s needs.  The focus of this business plan is to identify its future target clients, explain its marketing strategy and to improve its internal procedures so it can substantially increase profitability.
The Company
COMPANY NAME is located in Buckhannon, West Virginia.   The company is a family owned and operated business, founded by INSERT NAME, in October of 1983; they started with one delivery truck.  COMPANY NAME has expanded their services and fleet of trucks and now has long term delivery contracts with many of the major manufacturers in the area.  
COMPANY NAME has become a well known icon in Buckhannon and is known for the premium services and competitive prices they provide to their clients.

The Products

COMPANY NAME provides delivery services many of their larger competitors are unable to provide.   They work with a schedule that is at a 90% to 95% capacity, most deliveries are scheduled two weeks in advance.  The company has drivers on call for rush deliveries, full load cargo (L) and Less than full load cargo (LTL) and will deliver anywhere the client needs them to go.
The Market
There are approximately 126 manufacturing plants in the town of Buckhannon, many of whom are current clients of COMPANY NAME.  By expanding their services and fleet of trucks, they will be able to offer delivery services for the other manufacturers. 
Financial Considerations
The marketing research and tailored marketing strategy projections described in this business plan, will increase COMPANY NAME profits over the next three years, this is only an estimate, and depends on how well the economy recovers over the next two to three years. Furthermore,  with  the  ability  to  generate  so  much  cash  flow,  it  is  assumed  that the company  will  seek  to  use  this  asset  to  expand its  markets and delivery capacity in the near future.

  1.1 Objectives

  • The objectives of COMPANY NAME are to:  

        • Provide the best services possible to our existing and new clients

        • Purchase 10 new fuel efficient trucks with Auxiliary Power Units  

        • Stay ahead of our competition by providing competitive prices

      • Obtain new accounts before the end of 2010.  

1.2 Mission


The mission of
COMPANY NAME is to remain a leading freight and trucking operation, servicing the major manufacturing companies in Buckhannon, West Virginia area.     

•   COMPANY NAME offers quality, cost effective freight services.  

•    The goal of COMPANY NAME is to hire 5 additional employees as they  
expand their business services.  
  
•    COMPANY NAME will continue to provide reliable, secure, on time 
services; with an ongoing comprehensive quality control program providing 100% 
customer satisfaction.   

•    Maintain beneficial long-term relationships with our clients.  This will increase 
profits through referrals and repeat business. 


1.3 Keys to Success

The Keys to Success for COMPANY NAME are: 
   •     Family Owned and Operated by INSERT NAME since 1983.  Jim and 
Sharon have more than 37 years experience in the trucking industry.  
  •     Experience, knowledge and quality service has appointed COMPANY NAME an icon in Buckhannon, West Virginia.
COMPANY NAME delivers to 48 states.    

   •     Knowledgeable staff with an excellent reputation in customer service. 

        •     Drivers have excellent driving skills and knowledge, knowing the fastest and
safest routes to deliver on time.  

        •     Contracts with major manufacturers in Buckhannon and other manufacturers 
across the Country.

        •     Competitive prices, quality services.



2.0 Company Summary

INSERT NAME started in the trucking industry 37 years ago, managing 73 coal trucks.   COMPANY NAME was formed in 1983; starting from the ground up with only one delivery truck, delivering for Weyerhaeuser.  The company now has 10 trucks and has several long-term contracts with the major manufacturers in Buckhannon, West Virginia.  

COMPANY NAME provides delivery services for their clients in Buckhannon to 48 states.  They also have clients on the East Coast, West Coast and in the Mid-West.

COMPANY NAME
Owner:  INSERT NAME
INSERT ADDRESS
Phone: 
Email: 


2.1 Company Ownership

INSERT NAME is the founder of COMPANY NAME and owns 100% of the stock
of COMPANY NAME.  
INSERT NAME is in charge of all business administration, accounting, personnel, marketing, and business services for COMPANY NAME.
INSERT NAME manages all of the trucking operations for COMPANY NAME and also manages the maintenance garage, and current laws for the trucking industry.    
INSERT NAME(S) are  paid a  salary  through  the  corporation as  employees  of COMPANY NAME


2.2 Company History

COMPANY NAME was   founded    by   INSERT NAME and   has   been in operation since 1983; in the same location, providing delivery service to 48 States for the manufacturing plants in Buckhannon, West Virginia. 
Weyerhaeuser has been a long-term, steady client, using COMPANY NAME services daily.  The revenue from Weyerhaeuser brings in an estimated $4,000,000 a year. We expect an increase in our total 2010 revenue.
As industry demands continue, COMPANY NAME will continue to deliver their clients products, when and where they need delivery.
COMPANY NAME experienced a decline in business in 2009; this was due to the rising costs of fuel and a slow period, due to the uncertainty of the current economy.  
The start of 2010 was slow; this was mainly due to poor weather conditions.  Winter weather conditions in Buckhannon can make it much more difficult for the 18 wheelers to get to the main highway.  During the winter months, the trucks have to take longer routes to get around the mountains; this is safer for the driver and the cargo they are carrying.  The completion of the new four lane highway will provide safer conditions and easier departure for trucks getting out to the main routes. 
Most of the cargo COMPANY NAME delivers is from the wood, vinyl fencing and aluminum manufacturing plants in Buckhannon.    The cargo is loaded and delivered usually within 5 days.  Cargo is often picked up from the company’s clients in other states after a delivery run and delivered COMPANY NAME, and  reduces their  overhead costs  of  driving  back with  an  empty trailer.
 
     Table: Past Performance


Past Performance

 

 

 

 

2007

2008

2009

Sales

$10,845,160

$11,198,114

$11,330,057

Gross Margin

$9,586,091

$10,535,916

$10,136,458

Gross Margin %

88.39%

94.09%

89.47%

Operating Expenses

$6,160,621

$6,636,273

$5,573,254

 

 

 

 

Balance Sheet

 

 

 

 

2007

2008

2009

 

 

 

 

Current Assets

 

 

 

Cash

$603,521

$999,438

$714,046

Other Current Assets

$1,722,996

$1,898,365

$4,773,537

Total Current Assets

$2,326,517

$2,897,803

$5,487,583

 

 

 

 

Long-term Assets

 

 

 

Long-term Assets

$5,167,910

$4,258,180

$4,136,556

Accumulated Depreciation

$472,597

$443,079

$412,063

Total Long-term Assets

$4,695,313

$3,815,101

$3,724,493

 

 

 

 

Total Assets

$7,021,830

$6,712,904

$9,212,076

 

 

 

 

Current Liabilities

 

 

 

Accounts Payable

$75,117

$130,950

$55,764

Current Borrowing

$0

$0

$0

Other Current Liabilities (interest free)

$560,682

$680,811

$543,773

Total Current Liabilities

$635,799

$811,761

$599,537

 

 

 

 

Long-term Liabilities

$457,106

$511,182

$288,000

Total Liabilities

$1,092,905

$1,322,943

$887,537

 

 

 

 

Paid-in Capital

$0

$0

$0

Retained Earnings

$2,503,455

$1,490,318

$3,761,335

Earnings

$3,425,470

$3,899,643

$4,563,204

Total Capital

$5,928,925

$5,389,961

$8,324,539

 

 

 

 

Total Capital and Liabilities

$7,021,830

$6,712,904

$9,212,076

 

 

 

 

Other Inputs

 

 

 

Payment Days

30

30

30

 

COMPANY NAME  provides trucking and freight services to the local manufacturing companies in the Buckhannon, West Virginia area.   They also have clients in other States throughout the country. 
Weyerhaeuser is one of COMPANY NAME main clients; along with other major manufacturing companies, they deliver for on a regular weekly delivery schedule.   
COMPANY NAME schedules pickup and delivery for these companies and delivers the clients cargo, usually within 5 days.   They also provide a rush delivery service, which some of their competitors are unable to do.  
COMPANY NAME also sells their useable parts to the public as additional 
revenue, and recycles their tires. 
COMPANY NAME offers:
   Superior Customer Service and On-time Delivery.
  Experienced and knowledgeable staff and drivers.
 Our prices are very competitive.

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