Snow Plow Service Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Snow Plow Service Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Snow Plow Service business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be available for download after your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
Snow plowing services are great seasonal businesses especially in areas that frequently get substantial amount of snow on a yearly basis. These companies provide an extremely valuable service to individuals as they are able to save homeowners and businesses hours of work by being able to simply plow out snow from driveways as well as roads. One of the most important aspects of the snow plow service is that they generate and develop contracts with municipal agencies in order to provide the services to the general public. Many snow plowing services frequently will have a multiyear contract with a municipal agency or state government in order to ensure that they receive highly predictable and recurring streams of revenue on a yearly basis. The barriers to entry for new snow plow service are very low given that the capital requirement usually ranges anywhere from $20,000 to $50,000 in order to commence operations. A vast majority of the money needed to start one of these businesses is usually for the acquisition of trucks and plows that are fixed to the front of the vehicle. Most banks, lenders, financial institutions, and private investors are more than happy to provide the necessary capital in order to start one of these businesses.
As with any new enterprise, a business plan should be developed. The snow plow service business plan should feature a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, business ratios page, and lending ratios page of the individual is going to be acquiring a loan. This document should also focus on weather conditions over the winter months to determine how many days a year these vehicles will be in operation within their target market. Additionally, the business plan should focus on having an analysis of the population, population density, number of homes owned, number of commercial buildings, median family income, median household income, and other relevant statistics and demographics.
After the business plan is completed, it is time to develop marketing plan. As discussed above, it is of the utmost importance that is not snow plow service work closely with municipal agencies, property management firms, and state government agencies in order to develop ongoing contracts with these forms. This will ensure that the snow plow service is able to remain profitable and cash flow positive during the short period of time that these companies actually operate. The marketing plan should also include a discussion regarding how the business can be found quickly online through a proprietary website as well as three presence on social media. Many successful small businesses have grown by maintaining a presence on FaceBook, Twitter, and Google+ so they can be found quickly when the services needed. Most of these businesses also maintain listings in the Yellow Books while concurrently maintaining a limited amount of print advertising.
Once the business plan and marketing plan is complete, many entrepreneurs will develop a SWOT analysis. This analysis focuses on the strengths, weaknesses, opportunities, and threats. As it relates the strengths, snow plow services generally are always able to remain profitable in each winter season given that people need the services on an ongoing basis. As long as it continues to snow these businesses will always able to be able to generate revenues. For weaknesses, there are always a number of competitors that operate within this market. As such, it is important that the snow plow service focus heavily on differentiating itself from other companies that provide these services. Pertaining to opportunities, many operators will acquire additional trucks and equipment so that a greater aerial can be serviced at any given time. Additionally, these businesses will frequently develop ongoing relationships with companies outside of their target market in order to be able to expand the revenue base. Relating to threats, there is really nothing that would impact the way that these companies conduct business on an ongoing basis. This is a tried-and-true industry and it will remain so for the foreseeable future.