How to Start a Child Transportation Business by Pat Fontana - Updated September 26, Parents of young children often need assistance in transporting their children to and from school, daycare, appointments, babysitters or other locations during the day. Often, they are working parents who cannot take time from their jobs to take a child to a babysitter or appointments. A quality, professional child transportation business can help these parents feel more confident and secure in knowing their children are being transported safely.
Strategic Analysis with current research! School Bus Operator, Inc. The Company was founded school transportation business plan John Doe. The business will also be able to provide transportation services for large parties.
At the onset of operations, Mr. Doe intends to have a fleet of three buses. The Company will price its services on per mile basis. The third section of the business plan will further describe the services offered by the School Bus Operator.
The interest rate and loan agreement are to be further discussed during negotiation. The financing will be used for the following: 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 municipal agencies that require school busing services.
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 School Bus Operator, Inc. Based on historical numbers; the business could fetch a sales premium of up to 4 times earnings. As stated in the executive summary, Management intends to acquire three buses from the onset of operations.
Doe has already begun to source contracts with municipal agencies as well as private schools so that the Company can have revenues from the onset of operators. 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.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Management feels that by maintaining a wide range of municipal contracts, the Company can continue to generate revenues despite the current deleterious economic conditions in the United States.
The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Company.
The business will directly reach out to private schools so that the business can develop ongoing contracts with these institutions.
|The growing number of seniors creates a need for non-emergency medical transportation, and working parents often need someone to drive children to soccer practices and other after-school activities.|
|Pinterest Email If you are living in a neighborhood where there are a lot of students, starting a school bus business could be a success. Buying a Vehicle and Enhancing It When you are going to start a school bus business, purchasing a vehicle that will serve as the ride of the students will be the key for it to become successful.|
You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page. For each owner or key employee, you should provide a brief biography in this section.
Should the cost of oil increase significantly, Management fully expects that its bottom line income will decrease.SAMPLE TRANSPORTATION MANAGEMENT PLANS AND TEMPLATES U.S. Department of Transportation Federal Highway Administration Office of Operations management plan sample, transportation management plan template.
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Encyclopedia of Business, 2nd ed. Child Transportation Service Business Plan: Business Plans - Volume Toggle navigation. Encyclopedia. Encyclopedia of Small Business; Encyclopedia of Business; We will be transporting children to after school activities, day care, preschool, dental appointments, etc.
A business plan is the skeletal framework for your school bus transportation business's mission, goals and strategic vision.
In contemporary business culture, business plans are also litmus tests used by external interests to assess real world viability and marketability.
BUSINESS PLAN LEEDS SCHOOL OF BUSINESS UNIVERSITY OF COLORADO AT BOULDER Courtney Cutter Shred Sled is essentially a transportation alternative for Boulder County action-sports enthusiasts. Initially operating three, twenty-five passenger busses, the company’s goal is to CU and Boulder County high school students.
In . Kid Cart is a transportation service exclusively created to transport children to and from school, day care, after school activities, recreational programs, etc.
Unlike a taxi service, Kid Cart will provide transportation exclusively to children. Jul 20, · A driver can outfit a good van to start a van transportation business for seniors, children or to meet other transportation demands.