The business plan is the lifeblood of any successful business. You use it to lay out all the intricate details of your business--in this case, a moving company. Devote sections to the major aspects of your business: applying for the proper moving business permits, securing financing, procuring equipment, laying out money and hiring employees.
Basic Business Plan Sections
Your business plan should contain a few basic sections common to all business plans. For starters, write a mission statement and include a section on goals. Anyone reading your business plan should get the basic concept of where you want to take your business from these two sections. The mission statement of your moving company could read something along the lines of "Providing the muscle it takes to move your property without you having to lift a finger." In the goals section, list what you want to accomplish. The list can be as short or as long as you want. Your goals may be to provide your community with affordable movers or to become the leading moving company in the community within the next five years. You are limited only by your ambition. After these sections, write a detailed account of your intended business--include a business structure and how many employees you anticipate to hire in the first year.
Plan on Acquiring Permits
The next section of your business plan should outline what steps you have made, or will make, to acquire the proper moving company permits. These permits vary according to state, but the moving company business is heavily regulated regardless of location. In California, for example, you need permits to advertise and permits that evidence you are paying workers' compensation insurance for your employees. Find out the regulations that apply to your state and your area. Once you find this information, include in your business plan how you will obtain the permits and when you will file them. If you have filed them already, include an appendix in your plan that shows you have acquired the proper permits.
Lay Out Your Costs and How You Will Secure Financing
This should comprise the majority of your business plan. Here you need to anticipate all of the different costs you are required to meet to start this business. Begin with basic costs such as rent, utilities and insurance. Move into more specific costs, such as each of the filing fees necessary to acquire the proper permits for a moving company business.
In this section, break the costs down into flat costs and fluid costs. Flat costs are monthly costs that will not increase or one-time-only costs (like the filing fees). Fluid costs are costs for such things as gas, food and rent.
Next, describe how you will receive the funding to meet the startup costs and to keep your business going. Indicate where the money is coming from: friends/family, your own savings or commercial lenders. Indicate how you are going to achieve that funding and describe the funding you already have. The funding should keep your business going for six months to a year if you find business is slow during that initial startup period.
The last section of your business plan should extend these costs out to the future. A two or three year business plan is a great start, but planning for the first five years is ideal. Keep in mind that this is only a plan and that it is subject to change. Anticipate change and plan on what you will do if something does change.
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