Oil and gas sector Our Competitive Advantage Our major competitive advantage is the vast industry experience and solid reputation of our owner, Terry Granville.
Location and Facilities optional 1.
Company Overview There are many variations and approaches on how to lay out the various components of a business plan. The primer below is meant only to explain the broad differences between the most common company types. So for example, if you sell someone a cupcake and they sue you because they found a hair in it, and you lose in court, the creditors can legally go after your personal possessions — such as the roof over your head.
Partnerships A partnership, according to the IRS: Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the company.
Corporations A corporation is a separate legal entity owned by shareholders. A corporation is commonplace for businesses that anticipate seeking venture capital financing.
S-Corporations You can elect a special tax status with the IRS to have your corporation not be taxed at the corporate level instead, it would be taxed as a pass-through entity. If you have not yet incorporated Describe the type of company you plan to open, along with the registered name you plan to use.
Explain your rationale — for example, if you are starting a company where you plan on seeking venture capital financing, then you will want to start a C-Corporation as majority of VCs will insist on this legal structure. Management Team For start-ups, and especially those seeking financing, the Management Team section is especially critical.
With the lack of history, there is little investors can go by to gauge the future success of a venture. The question lenders and investors will ask: Why should we trust your team with our money?
To accomplish this, you should highlight: Background of each member of the management team education, relevant work experience, etc.
Roles and responsibilities within the company. For established businesses If you have an established business the information you want to present is the same. Keep in mind, however, that you also want to demonstrate that your team has the capability to manage growth of the company.
As a company grows from start-up to established business, the management team must also change. What is a Board of Directors? In a publically trading company the Board of Directors is elected by the shareholders and is the highest authority in the management of the company.
For our purposes context of a private company that is most likely a startup or small but growing businessa Board of Directors is comprised of investor sfounder sCEO and independent board member s who have substantial business and industry experience.
What is an Advisory Board? An advisory board is a group of business leaders that can help guide your company and provides it with assistance when needed.
Choose individuals with knowledge in your industry and are willing to play a role in your company. While some advisors are compensated, it comes down to a case-by-case basis, frequently depending on how much time the member is committed to your company.
Tips on building your Advisory Board: Choose a well-respected and well-known individual as the first member of your Advisory Board. This will help you to recruit other members of the Board.Fill in the Blank Business Plan 1 of 10 Client First Name: Fill in the Blank Business Plan 7 of 10 Every company has different start-up costs depending on their business model.
This section of the document is intended to guide you through the costs associated with start-up. Not everything will apply to your business model. Fill in what. Fill in the Blank Business Plan 3 of 10 Marketing Plan Marketing should address the four P’s (Product, Price, Placement and Promotion) My product or service is _____ Business Plan Template - Free download as Word Doc .doc), PDF File .pdf), Text File .txt) or read online for free.
Here is a free Easy to Use Business Plan Template. Open it in Word and fill 5/5().
Download into Word or PDF for free. We ask the questions, you fill in the answers. The Pros and Cons of Downloading a Business Template; 1. Free Business Plan Template Download. Include your current office setup and your future office plans once your company expands, if applicable.
Trucking Company Business Plan Template – Download Now. Simply fill-in the blanks and print in minutes! Instant Access to 1,+ business and legal forms.
Download samples of professional document drafts in Word .doc) and Excel .xls) format. Free Trucking Sample Business Plans For inspiration, check out a sample business plan for a freight brokerage, trucking service, general motor freight trucking business, or truck stop.
These, and hundreds more sample business plans, are included in LivePlan.