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1 Replies Last post: May 25, 2008 5:32 PM by Adducent

Start-up company

May 25, 2008 5:18 PM

Click to view ivorybrad's profile Start-up ivorybrad 1 posts since
May 25, 2008
Hi,my name is Ivory Bradley and I am trying to start my own trucking company which will be called Bradley Trucking,but I do not have the funds.I only need 25,000.00 to put my down payment on the truck and start-up capital.I only have a 1993 GrandMarquise to put up for collateral.I have already secured a contract with a carrier.I have a business plan availiable.I would be getting a international box truck with a 26' foot bed.I would be transporting goods to the following states:MS,TX,AL,AR,LA,GA,FL,and TN.I would gross around 45-5,500 dollars a week.Can anyone please give me advise on this.Your advice would greatly appreciated.
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Click to view Adducent's profile Mogul Adducent 338 posts since
May 22, 2008
1. Re: Start-up company May 25, 2008 5:32 PM

Hi Ivory,

I have considerable experience in business (26 years plus), sarting, buying & selling my own businesses. One of the businesses I bought, built up and sold was a trucking company. It is always a good idea to get your business idea or plan down on paper. Its especially important for start-ups that may be looking for funding or investors at some point. In general Business Plans are made up of the following:

  1. Executive Summary
  2. Market Opportunity
  3. Vision, Mission, & Objectives
  4. Management
  5. Business Strategy
  6. Competition
  7. Risk
  8. Financial Plan
  9. Capital Requirements
  10. Summary

From my experience helping with business plans; they fall into 3 categories of use:

  1. Internal Planning: Business Formation & Development
  2. Internal Planning and presentation to close contacts that might want to invest in their business.
  3. Internal Planning, close contacts presentation and presentation to experienced investors and/or sources of funding for the business.

Feel free to email me at DLowery@AdducentInc.com ... I don't mind to take a look at your business plan and give you some feedback on your plan.

Dennis Lowery

Adducent, Inc.