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A business plan

Jun 01, 2009 8:49 pm

re: re: A business plan

Daniel & Julie Harned

It depends on the business.
I walked in to get loans for a semi and trailer when we first started out.
Our second truck and 53 dry van, the finance company didn't want to finance us because we were not even 6 months old.

In my plan I showed the customers and dedicated runs as a young company that I already had and what is made per week month and year just with the dedicated runs.

They agreed once we proved we could pay for the monthly loans.

I also show my future plans for how I was planning on growing the company and what type of income I was shooting for, we not only financed those but 2 hopper trailers in the first year. Year 3 All is paid off and only thing we owe on is the refer trailer we just bought.

It looked good to walk in and say we owe nothing on any piece of equipment, that helped this time as well.

My take is impress the people you want to impress the banks for those loans, showing you actually gave this new company some thought and know where you want to go.

Private Reply to Daniel & Julie Harned (new win)

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