Logistics Business Plan

Executive Summary 

Overview

This business plan aims to raise N10,000,000 for developing a state-of-the-art logistics and haulage business while showcasing the expected financials and operations over the next three years. PATILAD LOGISTICS is a new medium- and long-haul dry van trucking business based in Lagos, Nigeria and founded by veteran entrepreneur Dayo Adetiloye. We are committed, honest and quality-focused. Our LOGISTICS will serve companies in Lagos (eventually expanding to Abuja, Kano, Katsina, Port Harcourt, and Warri) with freight hauling and logistics management services. The business will develop a reputation for its on-time and accurate service and sophisticated Web and software functionality, allowing clients to align their business with PATILAD LOGISTICS' services and scheduling automatically. The company will be managed by Dayo Adetiloye, CEO, and a Chief Operating Officer.

The Company

PATILAD LOGISTICS can be launched for about N10,000,000, mainly with the investment of Dayo Adetiloye and with some investment by investing partners. The business will be established with three 18-wheeler trucks and will expand its operations to utilize eight 18-wheelers by the end of its third year, using auto loans to finance this expansion. Gross margins will be around 60%, allowing for significant profit by the end of the third year as the business scales up.

Within three years, the business will seek to expand to other bases of operation in the Southwest and add trucks with refrigerated and temperature-controlled trailers. The company will be positioned for sale to a national freight-hauling service seeking to expand or add operations in the nation.

Products and Services

PATILAD LOGISTICS will offer the following services for businesses in Lagos:

• Pick-up and delivery of goods with a minimum per-delivery weight of 9000kg from and to locations in its geographic range by 18-wheeler trucks hauling dry van trailers
• Both "less than a truckload" and "truckload" services
• Online tracking information detailing the location of all GPS-tagged trucks and the status of deliveries, including expected arrival times for pick-up or delivery
• Phone support for all customer questions, delivery changes, and scheduling
• Preferred client services, including online accounts, regular schedules of shipping, or linking of client order information directly to PATILAD LOGISTICS' scheduling software to allow for seamless logistics.

The Market

PATILAD LOGISTICS will compete in Nigeria's market for medium and long-haul dry van trucking. This market serves businesses ranging from the packaged goods/grocery industry to the clothing industry to high-tech equipment and commercial relocations.

Our Competitive Edge

PATILAD LOGISTICS will establish a competitive edge through its dogged focus on on-time deliveries for its specific target market. Software systems, communication systems, operational choices and marketing materials will all be oriented around this goal. By making customers more assured of on-time delivery with PATILAD LOGISTICS than with competitors, they will be more likely to use the business overall, as they can never be sure when a few hours can make an incredible difference to their potential revenues or expenses.

Financial Considerations

PATILAD LOGISTICS seeks N10 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.

Funding for the launch of the business is provided primarily by equity from the partners and investors.

Our market survey and research show that PATILAD LOGISTICS holds the promise of reaching positive cash flow in its 7th month of operation. The advantage of this is the provision it makes for accelerated repayment of its loan obligations and for dividends to be paid to the owners.

Revenue is expected to amount to N12,984,326 and profit N3,592,736 in our first year of operation.

Table of content                   

Executive Summary                      

Business Description                     

Products and services                     

Market Analysis                       

Competitor Analysis                      

Sales and Marketing Plan                   

Operational Plan                       

Management plan                       

Financial Plan and Projections      

What you are about to download is an already written business plan that you can edit on your own, including the financials. If you want a tailor-made business plan customized for you and for the purpose you want to use it, Call or WhatsApp 08105636015 or 08076359735 or 08113205312.