Free Courier Service Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!
Please note that the financials
in this complete free business plan are completely fictitious and may not
match the text of the business plan below. This free business plan demonstration
purposes only. If you are interested in purchasing the completed editable MS Word
and Excel documents for this business plan, please click the button below! Also,
the text of the business plan is formatted with a fully automated
table of contents.
It should be noted that there is no special software required to use these
templates. All business plans come in Microsoft Word and Microsoft Excel format.
Each business plan features:
- Excecutive Summary
- Company and Financing Summary
- Products and Services Overview
- Strategic Analysis with current research!
- Marketing Plan
- Personnel Plan
- 3 Year Advanced Financial Plan
- Expanded Financial Plan with Monthly Financials
- FREE 30 Page Sample Private Placement Memorandum
- FREE PowerPoint Presentation for Banks, Investors,
or Grant Companies!
1.0 Executive Summary
The purpose of this business plan is to raise $100,000 for the development of a courier service while showcasing the expected financials and operations over the next three years. Courier Service, Inc. (“the Company”) is a New York based corporation that will provide local courier and delivery services to customers in its targeted market. The Company was founded in 2009 by John Doe.
1.1 Products and Services
The primary revenue center for the business will come from the local delivery of letters and packages on behalf of individuals and businesses within the target market. The business will generate substantially high gross margins from these services via its two delivery trucks. The secondary stream of revenues will come from outsourced courier services from companies like FedEx and UPS that will source the company to deliver packages when their logistics systems have too many packages to deliver. These companies often use third party companies like Courier Service, Inc. to render delivery services to their customer base. The third section of the business plan will further describe the services offered by the Courier Service.
1.2 The Financing
Mr. Doe is seeking to raise $100,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.
1.3 Mission Statement
Courier Service, Inc.’s mission is to become the recognized leader in its targeted market for local couriering and delivery services.
1.4 Mangement Team
The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the transportation industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
1.5 Sales Forecasts
Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.
1.6 Expansion Plan
The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals and businesses within the target market.
2.0 Company and Financing Summary
2.1 Registered Name and Corporate Structure
Courier Service, Inc. The Company is registered as a corporation in the State of New York.
2.2 Required Funds
At this time, the Courier Service requires $100,000 of debt funds. Below is a breakdown of how these funds will be used:
2.3 Investor Equity
Mr. Doe is not seeking an investment from a third party at this time.
2.4 Management Equity
John Doe owns 100% of the Courier Service, Inc.
2.5 Exit Strategy
If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Courier Service. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
3.0 Products and Services
Below is a description of the services offered by Courier Service, Inc.
3.1 Local Courier Service
The primary revenue center for the business will come from the direct daily delivery of letters and packages on behalf of local businesses/corporations and individuals that need to transport items within the Company’s target market. At the onset of operations, the business intends to employ two couriers that are properly licensed to drive a delivery truck and make deliveries to homes and businesses. The Company’s pricing matrix for these services can be found in the fifth section of the business plan.
3.2 Outsourced Courier Services
The Company will also generate secondary revenues from acting as a third party delivery service for major logistics and delivery companies like FedEx and UPS. As stated in the executive summary, these companies often outsource their delivery overflows to third party companies. The business, from the onset of operations, will seek to develop a relationship with UPS, FedEx, and the United States Postal Service for handling excess delivery capacity.
4.0 Strategic and Market Analysis
4.1 Economic Outlook
This section of the analysis will detail the economic climate, the couriering industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid-2009, at which point the economy will begin a prolonged recovery period.
4.2 Industry Analysis
Logistics Management services (which includes courier companies) generate more than $3 billion dollars per year of revenue among 3,000 businesses in the United States. The industry employs more than 25,000 people and has grown at a rate that is much faster than the economy in general. The industry has experienced growth rates in excess of 20% for each of the last five years. This trend is expected to continue as the increase in technological advancements has allowed smaller firms to compete with larger competitors.
4.3 Customer Profile
In this section of the analysis, you should describe the type of customer you are seeking to acquire. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.
4.4 Competitive Analysis
This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.
5.0 Marketing Plan
Courier Service intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Company.
5.1 Marketing Objectives
• Establish ongoing relationships with local businesses and corporations within the target market.
• Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth advertising.
• Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.
5.2 Marketing Strategies
Mr. Doe intends on using a number of marketing strategies that will allow the Courier Service easily target individuals and businesses within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. Courier Service, Inc. will also use an internet based strategy. This is very important as many people seeking local services, such as local couriers, now the Internet to conduct their preliminary searches. Mr. Doe will register Courier Service, Inc. with online portals so that potential customers can easily reach the business. The Company will also develop its own online website showcasing the operations, hours, and tentative pricing structures of the business, The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the local courier services that the Company is selling.
In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.
6.0 Organizational Plan and Personnel Summary
6.1 Corporate Organization
6.2 Organizational Budget
6.3 Management Biographies
In this section of the business plan, you should write a two to four paragraph biography
about your work experience, your education, and your skill set. For each owner or
key employee, you should provide a brief biography in this section.
7.0 Financial Plan
7.1 Underlying Assumptions
• Courier Service, Inc. will have an annual revenue growth rate of 8% per year.
• The Owner will acquire $100,000 of debt funds to develop the business.
• The loan will have a 10 year term with a 9% interest rate.
7.2 Sensitivity Analysis
In the event of an economic downturn, the business may have a decline in its revenues. However, local couriering and delivery services are demanded by businesses and individuals on a regular basis. As such, only a severe economic downturn would result in a decline in revenues.
7.3 Source of Funds
7.4 General Assumptions
7.5 Profit and Loss Statements
7.6 Cash Flow Analysis
7.7 Balance Sheet
7.8 General Assumptions
7.9 Business Ratios
Expanded Profit and Loss Statements
Expanded Cash Flow Analysis