Courier Service Business Plan and SWOT Analysis

Courier Service Business Plan, Marketing Plan, How To Guide, and Funding Directory

The Courier 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 Courier 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

While the courier service industry declined slightly over the past 15 years, there has been a resurgence in demand over the past five years given that many people know are able to deliver packages on behalf of large companies using applications. Companies like Uber, Lyft, Amazon, and regional stores have all taken to using courier services to deliver packages to customers on the same day. Given the increased demand for faster delivery times, the demand for quality courier services has increased substantially. This is this trend is expected to continue as companies seek to outsource more of their non-core labor needs to third parties. This is especially true among individuals that operate as independent contractors given that payroll taxes and other fees associated with employment or not applicable to these individuals. As such, courier services have seen a strong resurgence. The startup costs associated with the new courier service are considered to be very low. Usually, a new courier service can be established for as little as $10,000 provided that the individual is acquiring a vehicle in order to render the services. However, if an entrepreneur immediately wants to start a courier service with a larger number of vehicles and these costs can reach upwards of $100,000. However, the vast majority of the capital needed in order to establish and expand this type of business is based in vehicles, furniture, fixtures, and equipment. As such, lenders and financial institutions are always willing to put up a substantial amount of capital in order to acquire these operating assets. Typically, an entrepreneur is required to put up about 10% of the needed capital for a business that is going to have a large asset base of digestible vehicles and equipment. The gross margins generated from a courier service is extremely high with $.80-$.90 of each dollar of revenue generated going towards gross profit.

If capital is being sought in order to establish the site the business then a courier service business plan is going to be acquired. As with all business planning and capital raising documents, a three year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page should be developed. Furthermore, the business plan should have a substantial demographic analysis in place that focuses on commercial enterprise that deal in retail goods or provide food delivery services. It should be noted that many courier services have integrated food delivery services into their overall menu of operations given the strong demand among restaurants to have outsourced delivery drivers. Within this demographic analysis and examination of annual revenues, estimated amount of money spent on delivery services, estimated net profit, and effective target market radius should be discussed thoroughly. Additionally, many newer courier services will work with freight brokerages in order to get their initial orders. Many freight brokerages have taken to have taken to accepting smaller orders given that there is an increased demand for localized delivery services. Within the business plan as well and examination of all the applicable laws that are going to impact the way that a courier service operates should be included as well.

Once the business plan is complete, it is time to develop the courier service marketing plan. This document, again, should focus substantially on how the owner will establish ongoing relationships with retailers, third-party package delivery firms, freight brokerages, and restaurants. Given that this company does not need to market services to the general public, a limited marketing campaign that is geared towards individuals is only needed. This includes having a small website that allows individuals to call on the service from time to time for the local delivery needs. However, it can be expected that only about 10% of revenues are generated from providing delivery of products or packages on behalf of an individual. A presence on social media platforms such as FaceBook, Twitter, and Google+ is not required but it will provide the business with a strong amount of additional economic stability.

A courier service SWOT analysis should be developed as well. As it relates the strengths, courier services are able to enter the market quickly and there is an extremely high demand among these businesses as such revenue can be generated right away. The gross margins generated are also very high. For weaknesses, competition within this industry is expected to grow substantially over the next 10 to 15 years as more independent contractors operate in a courier service based capacity. For opportunities, the addition of additional vehicles is the quickest way to expand a new courier service. Most banks and lenders are willing to provide ongoing capital support for existing and profitable courier services. For threats, outside of changes in energy pricing volatility there is really nothing that is going to impact the way that these businesses conduct their operations. Within the next 10 years is expected that more automated vehicles will come into play. However, these are still going to be needed to be operated by an individual owner operator.