Hotshot Trucking Business Plan
Below is our hotshot trucking business plan template and sample plan created using our ai business plan generator.
I. Executive Summary
Company Overview
SwiftHaul Hotshot is a pioneering hotshot trucking company based in Upland, CA, dedicated to filling the market void for high-quality local trucking services. Launched on January 7, 2024, as a S Corporation, we offer a wide range of services tailored to meet diverse logistical needs. From Expedited Freight Services and Flatbed and Gooseneck Trailer Hauling to LTL Shipping and Specialized Freight Transport, our goal is to ensure timely and safe delivery of cargo, regardless of size or requirement. Our strategic location in Upland not only allows us to serve the local community effectively but also positions us to extend our services beyond, reinforcing our commitment to excellence and customer satisfaction.
Success Factors
Our foundation for success is built on a combination of extensive experience and a commitment to serving a wide array of logistical needs. The company’s founder, Ethan Wright, brings valuable expertise from running a successful hotshot trucking business, setting us a notch above our competitors. Since our inception, we’ve achieved several milestones, including the creation of a distinctive logo and securing an ideal operational hub, which underscores our dedication to excellence. Our diverse service offerings and strategic location empower us to deliver fast, reliable, and specialized transportation solutions, making us the preferred choice in the hotshot trucking industry.
Industry Analysis
The Hotshot Trucking industry, with an estimated worth of over $6 billion in the United States, is poised for steady growth, driven by increasing demands for quick and efficient goods transportation. SwiftHaul Hotshot stands to benefit significantly from industry trends like the surge in regional and local delivery services and the adoption of technology to enhance operations. Our strategic base in Upland, CA, positions us perfectly to offer expedited and reliable services to our customers, capitalizing on the growing need for faster shipping options. By embracing technological advancements, we are set to thrive in this competitive landscape, offering unparalleled service to our clients.
Customer Analysis
We target a diverse customer base in Upland, CA, including local businesses like retail stores, construction companies, and manufacturers, alongside residents and e-commerce businesses in need of reliable, timely transport of goods. Our services are designed to support just-in-time delivery for businesses, convenient large item moves for residents, and efficient last-mile delivery for e-commerce companies. Additionally, we cater to local events and festivals, providing logistics solutions that ensure smooth operations. By understanding and meeting our customers’ varied needs, we aim to become an indispensable logistics partner in our community.
Competitive Analysis
Among SwiftHaul Hotshot’s top competitors are Best Delivery, Dave’s Moving & Delivery Service, and Transit Now Logistics, each offering a range of delivery and logistics services across Southern California. Our competitive advantages lie in our ability to provide fast, reliable, and specialized transportation solutions, supported by a fleet equipped with the latest technology and driven by highly trained professionals. Our strategic location, customer-centric approach, and transparent pricing model set us apart, ensuring we remain the preferred choice for our clients in the face of stiff competition.
Marketing Plan
Our marketing strategy revolves around showcasing our diverse range of freight and logistics services, with pricing structured to reflect the value and efficiency we bring to our clients. Promotional efforts will focus on online marketing, leveraging a search-optimized website, social media engagement, and targeted online advertising to reach potential customers. We will also employ email marketing, Google My Business for local visibility, and content marketing to position ourselves as industry experts. Community engagement through partnerships and participation in local events will further enhance our market presence, aiming to attract and retain a loyal customer base.
Operations Plan
SwiftHaul Hotshot is committed to excellence in our day-to-day operations, focusing on efficient order management, optimized route planning, regular vehicle maintenance, and effective driver scheduling. We prioritize clear customer communication and compliance with regulatory standards. Our operation is supported by advanced technology for fleet management and performance monitoring, ensuring we meet our objective of delivering outstanding service. Upcoming milestones include obtaining necessary permits, expanding our fleet, and achieving key financial targets, all aimed at enhancing our operational efficiency and customer service excellence.
Management Team
Under the leadership of CEO Ethan Wright, SwiftHaul Hotshot boasts a management team with a proven track record in the logistics and transportation industry. Ethan’s extensive experience and strategic vision are instrumental in guiding our operations and growth. The team’s collective expertise ensures that SwiftHaul Hotshot remains at the forefront of the hotshot trucking business, poised for success and ready to meet the challenges of a dynamic and growing market.
Financial Plan
To achieve our growth objectives, SwiftHaul Hotshot requires $620,000 in funding. This capital will be allocated towards essential investments in our operational infrastructure, including location buildout, equipment, and initial operating expenses such as staff salaries and marketing efforts. With this financial strategy, we aim to establish a solid foundation for sustainable growth and profitability in the competitive hotshot trucking industry.
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 |
Direct Expenses | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 |
Gross Profit | $1,745,285 | $1,928,833 | $2,129,569 | $2,349,021 | $2,588,843 |
Gross Profit (%) | 58.8% | 60% | 61.2% | 62.3% | 63.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,648,200 | $1,828,802 | $2,026,504 | $2,242,828 | $2,479,428 |
Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 |
Income Tax Expense | $537,320 | $600,530 | $669,726 | $745,439 | $828,250 |
Net Income | $997,880 | $1,115,271 | $1,243,777 | $1,384,388 | $1,538,178 |
II. Company Overview
SwiftHaul Hotshot is a trailblazing Hotshot Trucking company catering to the needs of customers in Upland, CA. As a local hotshot trucking outfit, we’ve identified a significant gap in the market for high-quality local trucking services. Recognizing this, we’ve set out to fill this void by offering unparalleled service to our community.
At SwiftHaul Hotshot, our offerings are designed to meet a broad spectrum of logistical needs. Our services include Expedited Freight Services, ensuring that your most urgent shipments reach their destinations swiftly and safely. We specialize in Flatbed and Gooseneck Trailer Hauling, capable of transporting a wide range of cargo with ease. For smaller shipments that don’t require a full truck, our LTL (Less Than Truckload) Shipping provides a cost-effective solution. We also cater to Specialized Freight Transport, handling goods that require particular care or conditions. Whether it’s regional or long-distance hauling, our team is equipped to deliver your cargo safely and on time, every time.
Strategically located in Upland, CA, SwiftHaul Hotshot is perfectly positioned to serve the local community and beyond. Our base in Upland enables us to respond quickly to the needs of our customers, providing timely and efficient service that is unmatched in the region.
Our unique position for success stems from a combination of factors. The company’s founder brings a wealth of experience, having previously run a successful hotshot trucking business. This experience, coupled with our commitment to meeting a diverse range of logistical needs, positions us a step above our competitors. We offer fast, reliable, and specialized transportation solutions that our clients can depend on.
SwiftHaul Hotshot was officially founded on January 7, 2024, and operates as a S Corporation. Since our inception, we’ve hit several key milestones that underscore our commitment to excellence. We’ve crafted a distinctive logo that symbolizes our brand’s values and vision. Our company name was carefully chosen to communicate our agility and efficiency in the hotshot trucking industry. Additionally, we’ve secured an ideal location that serves as the hub for our operations, further solidifying our foundation for success.
III. Industry Analysis
The Hotshot Trucking industry in the United States is currently estimated to be worth over $6 billion. This figure includes businesses of all sizes, from small independent operators to larger companies with fleets of hotshot trucks. With the increasing demand for quick and efficient transportation of goods, the industry is expected to continue growing at a steady pace in the coming years.
One of the key trends in the Hotshot Trucking industry is the rise of regional and local delivery services. Customers are looking for faster and more reliable shipping options, especially for time-sensitive deliveries. This trend bodes well for SwiftHaul Hotshot, as they are strategically located in Upland, CA, allowing them to efficiently serve customers in the surrounding areas with quick and reliable hotshot trucking services.
Another trend in the industry is the increasing use of technology to streamline operations and improve customer service. Companies like SwiftHaul Hotshot can take advantage of this trend by investing in cutting-edge logistics software and communication tools to enhance their operations. By staying ahead of industry trends and providing top-notch service, SwiftHaul Hotshot is well-positioned to thrive in the competitive Hotshot Trucking market.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
We will target local businesses in Upland, CA, who require reliable and timely transportation of goods. These businesses may include retail stores, construction companies, and manufacturers that need to move parts and materials quickly. The efficiency of our hotshot trucking services will be crucial for businesses that rely on just-in-time delivery.
Additionally, we will focus on serving local residents who require transportation of large items, such as furniture or equipment. Our services will include both scheduled and on-demand deliveries to accommodate the varying needs of individual customers. We aim to provide a convenient solution for residents who need to move items that do not fit in standard vehicles.
We will also target e-commerce businesses that need a dependable delivery partner for last-mile deliveries. These businesses will benefit from our ability to handle expedited shipments and ensure timely delivery to their customers. By offering specialized services tailored to the e-commerce sector, we will help these businesses meet their delivery commitments and enhance customer satisfaction.
Lastly, we will tailor our services to cater to the needs of local events and festivals, ensuring that all necessary equipment and supplies are transported efficiently. Event organizers will rely on our punctuality and reliability to ensure that their events run smoothly. By establishing ourselves as a dependable partner for event logistics, we will build long-lasting relationships within the community.
Customer Needs
SwiftHaul Hotshot meets the need for high-quality services, ensuring that every client receives tailored solutions for their specific transport requirements. Customers can expect expedited services, allowing for swift and reliable delivery of time-sensitive freight. By focusing on specialized freight needs, SwiftHaul provides a niche service that standard trucking companies often overlook.
Clients have access to a dedicated fleet that prioritizes safety and efficiency, offering peace of mind for valuable and delicate cargo. The company addresses the demand for flexible scheduling, accommodating last-minute requests and urgent deliveries. This adaptability ensures that businesses with fluctuating logistics requirements remain operational without delays.
SwiftHaul’s commitment to exceptional customer service includes real-time tracking and transparent communication, keeping clients informed about their shipment status. This level of transparency builds trust and enables customers to plan their operations more effectively. Additionally, competitive pricing ensures that clients receive premium services without incurring excessive costs, making it a cost-effective option for businesses of all sizes.
V. Competitive Analysis
Direct Competitors
Best Delivery
Best Delivery offers a variety of services including same-day delivery, next-day delivery, and specialized freight services. Their price points start at $50 for local deliveries and can go up to $500 for more complex logistics services. Best Delivery generates an estimated annual revenue of $5 million.
They are headquartered in Riverside, CA, and have additional offices across Southern California. Their customer segments include small businesses, e-commerce companies, and large corporations. They primarily serve the Southern California region.
Key strengths include a robust network and quick turnaround times. Weaknesses include higher pricing compared to smaller, local competitors. Customer reviews often mention excellent customer service but occasional delays for longer routes.
Dave’s Moving & Delivery Service
Dave’s Moving & Delivery Service specializes in residential moving, commercial moving, and local delivery services. Their prices range from $100 for small moves to $1,000 for larger, complex relocations. The company reports an annual revenue of approximately $3 million.
They are based in Ontario, CA, with services extending throughout the Inland Empire and parts of Los Angeles County. Their customer segments include residential clients, small businesses, and commercial enterprises. Geographically, they serve primarily the Inland Empire and surrounding areas.
Key strengths are their reliability and strong customer service reputation. A notable weakness is their limited geographic reach compared to larger competitors. Customers frequently praise their professionalism but note that scheduling can sometimes be challenging during peak seasons.
Transit Now Logistics
Transit Now Logistics provides expedited freight services, warehousing, and supply chain management solutions. Pricing starts at $200 for small loads and can exceed $1,000 for comprehensive logistics solutions. Their annual revenue is estimated to be around $10 million.
Located in Fontana, CA, they operate several distribution centers across the state. Their customer segments include large retailers, manufacturers, and e-commerce businesses. They serve a broad geography, including all of California and parts of neighboring states.
Key strengths include extensive infrastructure and advanced logistics technology. Weaknesses are higher costs and occasional complexity in logistics processes. Customer feedback highlights their efficiency but sometimes mentions difficulties with customer support.
Competitive Advantages
At SwiftHaul Hotshot, our commitment to meeting a variety of logistical needs sets us apart in the competitive trucking industry. We provide fast, reliable, and specialized transportation solutions that outpace our competition. Our fleet is equipped with state-of-the-art technology, ensuring that we can handle a diverse range of cargo efficiently and securely. Our drivers are highly trained professionals who prioritize client satisfaction and safety, allowing us to deliver goods promptly and without incident.
Moreover, our customer-centric approach ensures that we tailor our services to fit the unique requirements of each client. We understand that each business has specific logistical challenges, and we excel in developing customized solutions that address these needs. Our strategic location in Upland, CA, allows us to serve a broad geographic area swiftly and effectively. Additionally, our transparent pricing model and commitment to open communication build trust and long-term relationships with our clients, making SwiftHaul Hotshot the preferred choice for specialized transportation solutions.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
SwiftHaul Hotshot’s offerings cater to a diverse range of client needs in the freight and logistics sector. Their expedited freight services are essential for businesses that require urgent delivery of goods. Clients can expect to pay an average of $2.50 to $3.00 per mile for this service, depending on factors such as distance, load weight, and specific delivery requirements.
Flatbed and gooseneck trailer hauling form another critical component of their services. These options are ideal for transporting oversized or heavy loads that do not fit into standard trailers. The average price for flatbed and gooseneck trailer hauling ranges from $2.75 to $3.25 per mile, influenced by load dimensions and distance covered.
LTL (Less Than Truckload) shipping is a cost-effective solution for businesses that do not need a full truckload. This service allows multiple clients to share space on the same truck, reducing costs. The average price for LTL shipping is approximately $1.50 to $2.00 per mile, with pricing dependent on the volume and weight of the shipment.
Specialized freight transport is available for clients with unique or delicate cargo needs. Whether it’s hazardous materials, temperature-sensitive goods, or high-value items, SwiftHaul Hotshot provides tailored solutions. The average cost for specialized freight transport ranges from $3.00 to $4.00 per mile, reflecting the complexity and care required for these types of shipments.
Regional and long-distance hauling services cater to clients needing reliable transportation over varying distances. For regional hauling, the average price is around $2.00 to $2.50 per mile, while long-distance hauling can cost between $2.50 to $3.00 per mile. These prices are influenced by factors such as route complexity, load type, and delivery timelines.
Promotions Plan
To attract customers, we will employ a multi-faceted promotional strategy. Our approach will primarily focus on online marketing, given the digital age we operate in. We will develop a user-friendly website optimized for search engines. This website will include detailed information about our services, pricing, and customer testimonials to build trust and credibility.
We will also leverage social media platforms, such as Facebook, Instagram, and LinkedIn, to engage with potential customers. Regular posts, engaging content, and targeted ads will ensure we reach a broad audience. Additionally, we will create a Google My Business profile to enhance local visibility and encourage reviews from satisfied customers.
Email marketing will be another cornerstone of our strategy. We will build and maintain a mailing list to keep clients informed about new services, special offers, and industry news. Personalized email campaigns will help nurture leads and convert them into loyal customers.
Moreover, we will utilize Pay-Per-Click (PPC) advertising to drive targeted traffic to our website. By bidding on relevant keywords, we will ensure that our ads appear when potential customers search for hotshot trucking services in Upland, CA.
We will also explore partnerships with local businesses and participate in community events to build brand presence and foster relationships. Networking with other businesses and attending trade shows will provide opportunities for collaboration and referrals.
Finally, we will invest in content marketing by creating valuable and informative blog posts related to hotshot trucking. This content will not only improve our search engine rankings but also position us as industry experts, attracting customers who seek reliable and knowledgeable service providers.
By combining these promotional methods, we aim to establish a strong market presence and attract a steady stream of customers to SwiftHaul Hotshot.
VII. Operations Plan
Our Operations Plan details:
- The key day-to-day processes that our business performs to serve our customers
- The key business milestones that our company expects to accomplish as we grow
Key Operational Processes
To ensure the success of SwiftHaul Hotshot, there are several key day-to-day operational processes that we will perform:
- Order Management: We process incoming orders promptly and accurately to ensure timely pickups and deliveries.
- Route Planning: We optimize routes daily to minimize travel time and fuel consumption while ensuring timely deliveries.
- Vehicle Maintenance: We conduct regular inspections and maintenance of our fleet to ensure vehicles are in top condition and comply with safety regulations.
- Driver Scheduling: We manage driver schedules efficiently to maximize productivity while adhering to hours-of-service regulations.
- Customer Communication: We maintain clear and consistent communication with customers to provide updates on delivery status and address any concerns.
- Load Securing: We ensure all loads are properly secured to prevent damage during transit and comply with safety standards.
- Compliance and Documentation: We ensure all necessary documents and permits are up-to-date and comply with federal, state, and local regulations.
- Fuel Management: We monitor fuel consumption and manage fuel purchases to optimize costs and efficiency.
- Performance Monitoring: We track key performance indicators (KPIs) such as on-time delivery rates, fuel efficiency, and customer satisfaction to identify areas for improvement.
- Training and Development: We provide ongoing training for drivers and staff to ensure they are knowledgeable about industry best practices and safety protocols.
- Technology Utilization: We use transportation management systems (TMS) and GPS tracking to streamline operations and provide real-time visibility into fleet activities.
- Financial Management: We manage invoicing, payments, and budgeting efficiently to ensure financial stability and profitability.
- Risk Management: We identify potential risks and implement strategies to mitigate them, including insurance coverage and emergency response plans.
- Customer Service: We deliver excellent customer service by being responsive, reliable, and flexible to meet customer needs and expectations.
Milestones
SwiftHaul Hotshot expects to complete the following milestones in the coming months in order to ensure its success:
- Obtain Necessary Permits and Licenses: Secure all required operational permits and licenses to legally run a hotshot trucking business in Upland, CA.
- Acquire Fleet and Equipment: Purchase or lease suitable trucks and necessary equipment to start operations.
- Hire and Train Drivers: Recruit qualified drivers and ensure they are properly trained to handle hotshot deliveries efficiently and safely.
- Launch Our Hotshot Trucking: Officially start operations and begin offering services to clients.
- Establish Key Customer Relationships: Secure contracts with key clients to ensure steady business and build a reliable customer base.
- Implement Fleet Management System: Set up a robust fleet management system to track and optimize operations, ensuring timely and efficient deliveries.
- Achieve $15,000/month in Revenue: Reach a consistent monthly revenue of $15,000 to ensure financial stability and growth potential.
- Develop Safety and Compliance Protocols: Establish and enforce strict safety and compliance protocols to minimize the risk of accidents and regulatory issues.
- Optimize Operational Processes: Continuously refine and improve operational processes to enhance efficiency and reduce costs.
- Expand Service Offerings: Explore and implement additional services or routes to diversify revenue streams and increase market reach.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
SwiftHaul Hotshot management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Ethan Wright, CEO
Ethan Wright brings a wealth of experience to his role as CEO of SwiftHaul Hotshot, having successfully run a hotshot trucking company in the past. His deep understanding of the logistics and transportation industry, coupled with his strategic vision, has been instrumental in driving the growth and success of his previous ventures. Ethan’s proven track record in managing operational efficiencies and building strong client relationships positions him as a key leader in steering SwiftHaul Hotshot towards a prosperous future.
IX. Financial Plan
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 |
Direct Expenses | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 |
Gross Profit | $1,745,285 | $1,928,833 | $2,129,569 | $2,349,021 | $2,588,843 |
Gross Profit (%) | 58.8% | 60% | 61.2% | 62.3% | 63.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,648,200 | $1,828,802 | $2,026,504 | $2,242,828 | $2,479,428 |
Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 |
Income Tax Expense | $537,320 | $600,530 | $669,726 | $745,439 | $828,250 |
Net Income | $997,880 | $1,115,271 | $1,243,777 | $1,384,388 | $1,538,178 |
Funding Requirements/Use of Funds
To accomplish our growth goals, SwiftHaul Hotshot needs $620,000 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Location Buildout | $100,000 |
Furniture | $20,000 |
Equipment | $50,000 |
Machines | $75,000 |
Computers | $10,000 |
Non Capital Investments | |
---|---|
Working Capital | $200,000 |
Initial Rent/Lease | $30,000 |
Staff Salaries (First 3 Months) | $90,000 |
Initial Marketing and Advertising | $25,000 |
Supplies | $5,000 |
Insurance | $15,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 | |
Total Revenues | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 | |
Direct Costs | ||||||
Direct Costs | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 | |
Total Direct Costs | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 | |
GROSS PROFIT | $1,745,285 | $1,928,833 | $2,129,569 | $2,349,021 | $2,588,843 | |
GROSS PROFIT % | 58.8% | 60% | 61.2% | 62.3% | 63.4% | |
Other Expenses | ||||||
Salaries | $72,814 | $75,023 | $77,299 | $79,644 | $82,060 | |
Marketing Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Rent/Utility Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Other Expenses | $12,135 | $12,503 | $12,883 | $13,274 | $13,676 | |
Total Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 | |
EBITDA | $1,648,200 | $1,828,802 | $2,026,504 | $2,242,828 | $2,479,428 | |
Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,597,200 | $1,777,802 | $1,975,504 | $2,191,828 | $2,428,428 | |
Interest Expense | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | |
PRETAX INCOME | $1,535,200 | $1,715,802 | $1,913,504 | $2,129,828 | $2,366,428 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,535,200 | $1,715,802 | $1,913,504 | $2,129,828 | $2,366,428 | |
Income Tax Expense | $537,320 | $600,530 | $669,726 | $745,439 | $828,250 | |
NET INCOME | $997,880 | $1,115,271 | $1,243,777 | $1,384,388 | $1,538,178 | |
Net Profit Margin (%) | 33.6% | 34.7% | 35.7% | 36.7% | 37.7% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $1,271,098 | $2,421,804 | $3,699,545 | $5,123,415 | $6,072,877 | |
Other Current Assets | $254,760 | $275,861 | $298,711 | $314,021 | $340,032 | |
Total Current Assets | $1,525,858 | $2,697,666 | $3,998,256 | $5,437,437 | $6,412,909 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $255,000 | $255,000 | $255,000 | $255,000 | $255,000 | |
Accum Depreciation | $51,000 | $102,000 | $153,000 | $204,000 | $255,000 | |
Net fixed assets | $204,000 | $153,000 | $102,000 | $51,000 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,729,858 | $2,850,666 | $4,100,256 | $5,488,437 | $6,412,909 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $111,978 | $117,514 | $123,327 | $127,119 | $133,413 | |
Debt outstanding | $620,000 | $620,000 | $620,000 | $620,000 | $0 | |
Total Liabilities | $731,978 | $737,514 | $743,327 | $747,119 | $133,413 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $997,880 | $2,113,151 | $3,356,929 | $4,741,317 | $6,279,496 | |
Total Equity | $997,880 | $2,113,151 | $3,356,929 | $4,741,317 | $6,279,496 | |
TOTAL LIABILITIES & EQUITY | $1,729,858 | $2,850,666 | $4,100,256 | $5,488,437 | $6,412,909 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $997,880 | $1,115,271 | $1,243,777 | $1,384,388 | $1,538,178 | |
Change in Working Capital | ($142,781) | ($15,565) | ($17,036) | ($11,518) | ($19,716) | |
Plus Depreciation | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $906,098 | $1,150,705 | $1,277,741 | $1,423,870 | $1,569,462 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($255,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($255,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $620,000 | $0 | $0 | $0 | ($620,000) | |
Net Cash Flow from Financing | $620,000 | $0 | $0 | $0 | ($620,000) | |
Net Cash Flow | $1,271,098 | $1,150,705 | $1,277,741 | $1,423,870 | $949,462 | |
Cash at Beginning of Period | $0 | $1,271,098 | $2,421,804 | $3,699,545 | $5,123,415 | |
$1,271,098 | $2,421,804 | $3,699,545 | $5,123,415 | $6,072,877 |