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hey all my name is paul borowski and i am the owner of quality business plan and what i'd like to do today is introduce y'all on how to use my trunky trucking company business plan template all right so without further ado let's go ahead and let me set your expectations first and we'll dive into the template show you how to use it um you know some of the wonderful traits of it and how you can customize them to make it your own all right so the purpose of the video so the purpose of this video is to show you all in the trucking industry or individuals or you know entrepreneurs that are looking to enter the trucking industry how to customize my trucking company business plan template to make it yours and to also you know mess around with the financial projections and again you know to customize them to make them yours but the way that i've set this template up is that you should be able to use this template in its most basic form with your customizations made in less than 30 minutes that's my objective i'm not saying that everybody's going to be able to attain that objective and if you want to make more customizations obviously it's going to take you longer but like i said the objective here is to get you all up and running with a business plan that's functional within 30 minutes all right so who is this good for just because you got a functional business plan does it really mean that you're is it going to be fun is actually useful based on some of the research that i've done feedback from other clients this functional really short and sweet business plan it's good for landlords small businesses and also friends and family you will not be you would be surprised how many times individuals just need a business plan for friends and family just to share their thoughts and ideas to show them that they've got the structure set they know what they're talking about and so this little template might be beneficial in in those regards included in the template that you purchase if you purchase it from my organization included is going to be a customized business customizable word document so you're going to be able to open it up and i'll show you how to do that i'll show you how to purchase it and open it up and customize it but it's going to be a customizable word document and also you're going to get a basic financial model that's customized for the trucking industry and you've got this wonderful video to show you how to use the trucking business plan template all right expectations set let's go ahead and move on to the trucking business plan template so on this template right here when you purchase it and again i will show you how to purchase it step by step in just a few minutes um so what's going to happen is you're going to open up the word document and you're going to see this page right here trucking company business plan i strongly suggest you go ahead and put your organization's name right here and any anything in highlighted yellow you do want to get rid of that highlighted yellow the way to do that is you're going to highlight it you're going to go up here and you're going to put no color so you're going to do that and that's going to take care of the highlights and then so just put your um the name of the company right here business plan and if you have a logo put it underneath somewhere right here the next thing is going to be your table of contents as you add subtract multiply or divide information into the trucking company template you are inevitably going to have additional pages to change the table of contents you're just going to click on the table of contents you're going to go up here where it says update table click on that and you're going to click on update entire table click on ok and that will update your page numbers and all your subheadings as well the next part is going to be your executive summary this is just a very brief synopsis of your organization and you place in yellow i definitely want you all to take a look at and maybe add some information company name and then right here is going to be what kind of organization are you going to be is it could be limited liability is going to be a partnership is it going to be a corporation so put it right there and then your street city and state right here the business owners go ahead and plug your names in here and the trucking company will provide freight services which will include and then you can modify the services right here so in this sentence right here modify your trucking services as again as you see fit office hours are going to be 8 am to 5 pm you can delete that if you want if you're going to grow and expand and have an actual office in your trucking company then maybe leave that or just change the office hours target market i put down is going to be clients brokers and companies so pretty much whoever needs um freight hauling services you can keep this or you can and embellish it however you like financial highlights i like i said i will give you i have provided you all a from a financial model template that you can modify to better meet your needs for your talking company however i have included in the word document exerts of a typical trucking company from my perspective so these these numbers right here are just based on a traditional trucking company with one driver driving approximately 600 miles a day five days five or six days a week so i've got instruction right there that these are just you know basic numbers you can keep these basic numbers if you're going to be a one trucking operation or you can go ahead and change these numbers from the financial model and again i'm going to show you how to use that financial model in just a minute funding requests this is how much money you're going to need to start operations a hundred thousand dollars fifty thousand seventy thousand whatever you see fit this right here is going to be your term are you going to be borrowing this money for five to seven years 10 to 15 years 20 to 30 years whatever that may be change that number here interest rates what do you anticipate for your interest rate if you're gonna get a low it's gonna be between five and nine percent four and eight percent fifteen and twenty percent who knows just make that change right here next is going to be the company description and now the company description again you're going to put your company's name right here how whatever kind of legal structure it's going to be whether it's a limited liability company it's going to be a partnership make sure you make that change here and then city and state you're going to make that and update that information here business owner again right here and then here is going to be your services in general of what you're going to be providing competitive advantage i just put some just basic competitive advantages into the template our our um organization will hire well-qualified drivers kind of makes sense and then also you're going to be getting logistic software again you can go ahead and change this as you like but it's general enough where it it makes sense but it's not so specific that it's going to you know pigeon-tool you into specific uh things that you need to do so update that as you see fit or leave it the way it is a product description pretty straightforward it's freight hauling service could be long distance it can be local it can be um regional and again you can go ahead and add to this if you're going to be just a flatbed driver you can update it here if it's going to be refrigerated goods you can also put that information updated right here as well primary target market just you'll be working for brokers or other companies so that's pretty straightforward again you can modify that as as you see fit hours of operation we talked about that location so for the location i've had to customize this a little bit because each driver from my experience a lot of independent drivers are going to be working out of their house at you know in starting um so what i say here is going to be the the organization will be located in the city and state and this selection was made because of the easy access to major thoroughfares and just put the local you know a really close interstate to you such as interstate 75 95 i4 interstate 10 whatever you have here at least it shows that you put some kind of forethought into the location and its accessibility to the interstate business objectives you can go ahead and make these changes if you like or you can go ahead and leave this information the way it is but it gives you at least a structure to you know plan some business objectives for one to three months six to um three to six months and and six to 12 months industry analysis i have summarized information from ibis world which is a third party research company so this is a solid information i would leave this the way it is you've got an introduction to the industry you've got the services segmented here and then you've got historical and projected growth all this information is accurate based on ibis world does it mean it's accurate in the real world i don't know i didn't do the research all i did was i paid a lot of money for access to this research so um i put the little um the little ibs world right here showing that this information was obtained from there so you're set ready to go no change is needed for that swot analysis just some strength weaknesses opportunities and threats the way to change this is you can go ahead and just click on the model click on this little arrow right here and then you can go ahead and update your strength your weaknesses your opportunities and threats or you can just leave this the way it is again this is just the strength weaknesses opera um opportunities and threats are just based on some general um thoughts and ideas that i have for a traditional trunking company you can update this or leave it up to you organizational structure we get the legal structure right here limited liability corporation you can change this again as you see fit you can be a corporation partnership sole proprietor up to you job responsibilities i do break it into three different um jobs which would be the ceo driver and a dispatcher and if you are not going to have a dispatcher you can um delete that if you just want driver you can do you can delete these as well so i've got a structure you've got a little bit of flexibility and all you got to do is just delete or leave it the way it is organizational chart it reflects the information up here except for the general manager and you can delete that if you want um the way to change this right here is you're going to again you're going to click on this little arrow right here and it's got ceo general manager and dispatchers and you can just go ahead and delete and move them however you see fit all right next is going to be marketing so this is just some traditional just really general marketing i know truckers what they're going to do is they're going to from my experience they're going to hook up with brokers or they're going to they've already got a loyal following once they start their business but you know it it doesn't hurt to get your name out there to build um you know brand recognition and stuff so that's not a bad idea to go ahead and fill us in this market information company name right here make sure you put your company name and you're all set ready to go with that all right next is going to be the funding request how much money do you need to start your operations so for this example right here we're going to go ahead and put a hundred thousand dollars if your um funding request if your funding needs are going to be less then change that information to reflect your needs right here is going to be the debt how long do you expect the loan to last for it's going to be three to five years if so go ahead and update that information here this could be five to seven years it could be 15 to 20 years again update that information here as well as the interest rate the next section is going to be your financial projections like i said previously the financial projections that i haven't included in here is typical for a trucking company with one driver and if that's not going to be acceptable if you need some modifications to the um projections and i'll show you how to do that in just a second so for the profit and loss right here we've got the projections the way that i've got the profit and lock structured is that it's for 12 months so month one to month three is right here and then we've got a summary summarized into quarter one then we've got month four to month six here and the second quarter quarter two then we have month six to month nine and then quarter three then we've got months ten to twelve and quarter four and then finally i'll go ahead and project it into an annual basis so for the pro forma income statement year one through year five i've got that projected um annual salary we've got right here advertising cost office expenses i'll show you all how to update all this information now all right so if this pro form of income statements is not going to be effective for y'all you also do have a basic very basic financial model that you can customize to make it fit your needs so on the information page any information you change on here will roll over to your profit and loss statement here and also your income statement this projections right here i'll just leave that tab as is i use that i just use that to update the information all right so the way i've got this structured for you all is that i've got an opportunity for you all to put up to three drivers right here i've got the number of miles so this number right here is indicative of how many miles the driver is going to drive on a daily basis if it's 625 if you anticipate your driver is driving 625 miles a day then put it right here if you expect anticipate 500 put it there and you see how all the numbers change so we're going to leave that at 625. the variable cost is going to be your maintenance and your gasoline on a mileage basis so for example i have here that we are going to be um the price is going to be 80 cents i'm sorry the price is going to be 80 cents a mile so this is how much you're going to charge your customer is approximately 80 cents a mile is what i've based it on if you're going to be charging more charge change this here if you're going to charge a buck 25 mile then change it right there and again the information will roll over these costs are going to be cost of your gasoline your maintenance and so on on a per mile basis so if you charge 80 cents per mile then this financial model states that you are going to be i'm charging 24 cents a mile and this how much is going to cost you for gas and maintenance and so on if you want to change that then what you can do is you can change it right here and you can change it from um 30 i'm 30 to 25 percent to 35 so you can change the percentage the variable cost percentage and as you change that your com cost will change as well right here is a number of um days operating so if you're going to be driving six days a week put a six here if you're going to be driving seven days a week put a seven five days a week put a five and again the model will update accordingly under labor this is where you're gonna have the labor so much your salary you're going to pay yourself if you're not going to put a salary in there then put a zero if you are going to put a salary if you're going to pay a salary then put the salary right here your startup costs these are just going to be the biggest the most important aspect of it is going to be right here for a loan if you're going to have if you're going to take out 100 000 loan put it right here 50 000 don't put it right here when you put a loan information here it actually calculates your monthly payment right here with the interest rate and the term you can change here so if your interest rate is going to be five percent put it here four percent put it there and it's going to update the payment and also update your financials um the term right here is gonna be seven years it could be five years you can change that right here all right next is going to be just under here it's just some startup costs for you know just to g t your thoughts and ideas in order are you going to need working capital truck purchase office equipment miscellaneous licenses so that's going to be your startup cost your monthly fixed cost you're not going to um if you need rent put your rent here utilities here office expenses insurance accounting and legal advertising and other and this will automatically add all the information up here the next part is going to be yeah so that's pretty much it you've got a basic um revenue generators here for daily um revenues you've got your labor cost here now for the drivers usually you're going to pay them um by the mile and so you can also change this right here um where you can go ahead and up the variable cost from 30 to include your driver pay but for the most part you know i would go down here and i just added the employees um if you're gonna have two employees put it right here and what do you think their average hourly rate is going to be you can just plug it in right here all right so hopefully this information was helpful we talked about the revenues we talked about the labor we start talking about startup costs your monthly fixed costs any changes there once you make these changes on this they are going to roll over onto your onto your um into your 12-month profit and loss which is right here right here and it goes all the way down on seven the month at nine and then if you scroll over here's your month ten to 12. so anytime you make some changes you do need to copy and paste this information here into the word document so for example here is your income statement so if you've made any changes on your income statement you're going to have to make a copy of this control copy you have to go over to your sheet right here which is your trucking template you're going to make a copy of this you're going to highlight it you're going to get rid of it hit ctrl v and now you have your new now you have your new pro forma financial income statement all updated into your word document and it's just as simple and straightforward as that all right so hopefully this information was helpful and y'all can um you see the value of the um template that i've created and if you would like to purchase this template some pretty simple steps um first thing what you're going to do is you're going to go to my website which is quality business plan dot com forward slash business plan templates with an s so just go to this site right here and it's going to say business plan templates on the top scroll down to where you see trucker i'm truck trucking company business plan template and then once you click on the trunking company business plan template it's going to take you to my a purchase page and it's going to say something like downloadable trucking business plan template you're going to add it to the cart you're going to purchase it once you purchase the template you're going to receive an email and it's going to look something like this it's going to say thank you for buying on this information and it's going to show downloads this is where you're going to download the templates so you're going to go to um you're going to go to your email it's going to say downloads and it's going to say download right here and then it's going to give you a link right here to download the zip file you'll have two two opportunities to download it within 30 days so you click on this link here and it's going to pop up something like this where you're going to download a zip file so download your zip file and you can tell us the zip files got a little zipper right here so once you download the zip file and you click on it you're going to have the actual folder the zipper is now gone so once you click on that folder surprise surprise this is going to be your trucking company business plan template right here to change and this is going to be the financial model the very basic financial model for that i've customized for the trucking company so hopefully this information is helpful you liked the video if you did give me a thumbs up and if you want to purchase it just follow those steps enjoy the template and give me a thumbs up on youtube thank you very much