The major financing option available is leasing. You would be carrying expensive merchandize which do not belong to you and would have to be conveyed to its destination safely. Establish a complete trucking business. Make notes about the cargo that you intend to haul and the companies that you intend to work for.
This document presents the main focus of the business, its mission and goals, and its clear plan for how the business will operate. For this lease to be possible, collateral is always demanded by the financial house in this case banks and business lending houses.
The last but not the least challenge of starting a trucking business is getting good drivers.
First you need to choose a niche, then write down a list of companies or prospective clients in that niche and devise strategies which you would use to reach them. After the drivers, you must think of the marketing and administrative staff too.
The trucking industry, share similar fundamental and technical factors all over the world. That makes the haulage industry a very lucrative one. As a final note, this is all the advice I can provide for now on how to start a trucking business.
Each type of freight has their own set or requirements, so it would be best that you decide or this before you even open shop. We will be able charge competitive rates, as we have minimal overhead compared to our competition.
Accidents may occur, cases of theft may arise, dishonest drivers may sometimes direct the goods else where and this would lead to a huge debt on the part of the haulage company.
There are different niches in haulage business and the niche you choose would determine the type of vehicles you would need and your start-up costs. Freight Brokers and Silicon Chips The freight broker industry is the middle man of the shipping industry.
You should look around you for competent automobile repair companies or technicians who can handle repairs of your vehicles.
My research took me to some firms and I discovered how some Nigerians have been consistently collecting money from big haulage contracting companies, I saw a long list of signatures with a corresponding amount.
Knowledge they say is power. The population is there and the environment is good. This is a small, specialized, niche of the general freight brokerage industry. Give your transportation business a leg up on the competition by writing a winning business plan. Get a head start by checking out these sample business plans for the airline and aviation industry, trucking, freight, taxi and limousine services.
Business Plan for the Transportation Industry in Uganda and East Africa Feasibility Report & Business Plan on d Establish of a Nusery and Primary School in Ibadan, Oyo State Taxi Business Plan/5(26).
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Freight Brokerage Business Plan Executive Summary: Silicon Freight Brokers (SFB) is a specialized freight broker service located in Hood River, OR.
Haulage Business Plan. The Haulage Business Plan is predominantly for you and your business partners, and it can stretch out a helping hand to: Bring together your belief and research into a structured format.
Jul 19, · A clear business plan that shows how you plan to operate the trucking company and offers graphs showing projected costs and growth will help you get the funding that you need.Haulage business plan examples