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Strategic Analysis with current research! The Limousine Service, Inc. The Company was founded by John Doe. The business will be able to provide transportation services for simple rides to the airports, proms, weddings, and daily transportation needs of wealthier clients.
At the onset of operations, Mr. Doe intends to have a fleet of three vehicles: The third section of the business plan will further describe the services offered by the Limousine Service. The interest rate and loan agreement are to be further discussed during negotiation.
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. Doe expects a strong rate of growth at the start of operations.
Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals and corporations with executive transportation needs within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. 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 Limousine Service, Inc.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. This vehicle is expected to operate 20 of the 30 days of the month.
During the month of May, the Company anticipates that the limousine segment of the business will generate the most revenue due to many high school and college proms held throughout the area. The Company, because of its low overhead, will be able to offer pricing that is substantially lower than that of rival companies operating within similar markets.
As time progresses, the Company will continually add more chauffeurs and vehicles to its fleet to further increase sales. In the future, the business may seek to use lease financing for vehicles, which would allow the Company to operate with a more stable balance sheet while concurrently earning a higher return on its investment.
Currently, the economic market condition in the United States is moderate. The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of a double dip economic recession.Chauffeur business plan template.
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Jan 19, · Thinking of Starting an 'Executive Chauffeur' Business. Discussion in 'General Business Forum' started by JGBinks, Jul 30, Ensure that you have a business plan and that you follow it. The car is the big one.
I set my chauffeur service up years ago, best thing i've ever done. Home / Limousine Service Business Plan Sample Business Plan on Limousine Service Business Plan Read 5 Pages From This Business Plan Below: in nearly 80 percent of total chauffeur companies had a website. Business and leisure travel drive revenues in the taxi and limousine market sector.
Free Limousine 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. If YES, here is a complete sample taxi cab business plan template & feasibility report you can use for FREE.
Okay, so we have considered all the requirements for starting a taxi business. We also took it further by analyzing and drafting a sample taxi cab service marketing plan template backed up by actionable guerrilla marketing ideas for. Choose this template for elite limousine and limo rental, VIP limo and party bus service, society & people, fashion & beauty, business & services, sports & travel websites.
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