So you need a parcel delivery service business plan… this is a great business model – time-tested, with decent margins, and easy to adapt to your local market. But you're also up against some stiff competition. In most areas of the U.S., the business “footprint” or companies like FedEx, UPS, the United States Postal Service, and other regional couriers is enough to deter competition from start-up parcel delivery companies. That said, in markets with a high concentration of businesses, sprawling growth lines, or a lot of patrons turning away from the major carriers, there could be huge opportunities for a well-run entrant. Your business plan should:
• Illustrate what services you will provide
• Show the price points for each speed/weight etc.
• Describe the competition candidly and in depth
• Show what the hiring plan is and how many people you will need
• Talk about the use of funds you envision
• Show how you plan to market yourself
The marketing plan should give as much detail as possible – what methods will you use, how much money will you budget for different elements of the strategy, and what techniques have worked best for companies like yours in the past? You will want to secure new client accounts at a rate sufficient to keep your cash flow positive and your profits moving gradually higher. The bank will want to know that you can repay the loan on time and in full, and an investor will want to see that you can keep their share appealing for 3-5 years before an exit. Need help working on the financial model for a courier service or learning more about how to do a market analysis for a parcel delivery service? Call MasterPlans today to learn how we can help get it done: 877-453-2011.
