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Plan Outline
General Freight Trucking Business Plan
Mike's Trucking Service
This sample business plan can be edited directly in Business Plan Pro software.
Company Summary
Mike's Trucking Service is a Texas LLC, with principal offices located in Dallas, Texas. Mike Smith, president and CEO, is the majority owner. He has been in the trucking business for 15 years.
2.1 Company History
Mike's Trucking has been in business for one year. We have maintained financial stability during the first year of operation due to the extensive industry experience of our management team.
| Past Performance | |||
| 1997 | 1998 | 1999 | |
| Sales | £0 | £0 | £60,000 |
| Gross Margin | £0 | £0 | £42,000 |
| Gross Margin % | 0.00% | 0.00% | 70.00% |
| Operating Expenses | £0 | £0 | £18,000 |
| Collection Period (days) | 0 | 0 | 37 |
| Balance Sheet | |||
| 1997 | 1998 | 1999 | |
| Current Assets | |||
| Cash | £0 | £0 | £500 |
| Accounts Receivable | £0 | £0 | £10,000 |
| Other Current Assets | £0 | £0 | £0 |
| Total Current Assets | £0 | £0 | £10,500 |
| Long-term Assets | |||
| Long-term Assets | £0 | £0 | £40,000 |
| Accumulated Depreciation | £0 | £0 | £4,000 |
| Total Long-term Assets | £0 | £0 | £36,000 |
| Total Assets | £0 | £0 | £46,500 |
| Current Liabilities | |||
| Accounts Payable | £0 | £0 | £3,500 |
| Current Borrowing | £0 | £0 | £20,000 |
| Other Current Liabilities (interest free) | £0 | £0 | £500 |
| Total Current Liabilities | £0 | £0 | £24,000 |
| Long-term Liabilities | £0 | £0 | £25,000 |
| Total Liabilities | £0 | £0 | £49,000 |
| Paid-in Capital | £0 | £0 | £0 |
| Retained Earnings | £0 | £0 | (£2,500) |
| Earnings | £0 | £0 | £0 |
| Total Capital | £0 | £0 | (£2,500) |
| Total Capital and Liabilities | £0 | £0 | £46,500 |
| Other Inputs | |||
| Payment Days | 0 | 0 | 30 |
| Sales on Credit | £0 | £0 | £50,000 |
| Receivables Turnover | 0.00 | 0.00 | 5.00 |