A courier service business plan should identify the type of clients for whom you'll offer courier services, show the potential share of the market you can take, and offer a reasonable projection for your net profit over a period of three years post-funding. The three-year financial forecast is typically required by banks and the Small Business Administration; the five-year model, more commonly associated with investment documents, most likely will not come into play. However, your plan *should* go into detail about the target market for your courier service and the sort of competitive players that you will face entering the market locally. What other courier businesses are there, and is there indirect competition that you will need to be aware of? Other items to cover:
1) How will you market yourself?
2) What sales have your direct competitors achieved in recent years?
3) What are your personnel needs at start-up and for Y1-Y3?
4) Can you define the market need?
5) If you serve primarily commercial clients, which industries predominate?
The market and industry analysis will be critical for your business plan, as will a concise yet thorough description of the services you will offer. If you have interested parties already or existing contacts who could become contracts once you are operational, ask for permission to profile them so that lenders know you have a built-in customer base waiting. Your financial pro forma should also use market assumptions to show that your revenue and expense projections are reasonable. If you want to have someone create the financial projections you need or perform the market analysis for your company, call MasterPlans. MasterPlans has been writing funding-ready business plans for existing companies and startup businesses nationwide ever since it was founded in 2002. We can develop a courier plan for you in record time. Call 877-453-2011 to speak with a consultant today.
If you are ready to go, or not sure what kind of plan you need, fill out the form below and we'll call you.
