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Freight Brokerage Business Plan

3 March 2023 Businnes Plan


Freight Brokerage Business Plan


Silicon Freight Brokers is a specialty freight broker service based in Hood River, OR. Steve Tookarefol has established the company as an Oregon C Corporation. SFB’#8217’s goal is to be the leading silicon chip freight broker and increase their client base by 20% per year.


Freight Brokers, Silicon Chips

The freight broker industry is the middle man of the shipping industry. They are also known by the name third-party transportation providers. Freight brokers help customers connect with trucking and shippers. Because there are so many shippers in this country offering thousands of services, freight brokers are vital to the smooth movement of goods. It is easy to locate a shipper with freight brokers.

The silicon chip industry is a fast-growing industry that has greatly contributed to the explosive growth of the Internet in the late 90’s. All types of computers use silicon chips, including hand-held devices like cell phones, PDAs and watches, as well as the foundation of many other kinds of electronics, such as laptops, smartphones, and household appliances.

SFB will be the sole agent for the shipment and management of silicon chips. Silicon chips are very specific, unusual cargo that requires special attention. The temperature and humidity ranges within which the chips must operate are extremely narrow. In addition to these unusual requirements, there are other specific needs that silicon chip companies have. SFB can quickly grow market share by focusing exclusively on silicon chips. It will be known as the best broker for chips.

Two distinct customers make up the industry of chips: manufacturers and buyers. Although the manufacturers are located in the USA, some produce in the USA while others outsource production to overseas countries and then import them. Customers of chip products include Motorola, IBM and Intel.


Management

SFB is headed by Steve Tookarefol and Wendy Tookarefol. Steve has more 10 years of experience in freight and has worked for multiple companies. Steve’s work experience is what allowed him to pinpoint the market needs and then meet them. SFB is a combination of Steve’s trucking/freight brokerage knowledge, insight and his wife’s expertise with the silicon chip sector. Wendy has been a consultant in the industry for seven years and worked closely with companies such Intel.

SFB’s solid business model is forecasted to reach profitability by month six. SFB will penetrate the market by remaining laser-focused in their market niche and fully utilizing their management team.

1.1 Objectives

Silicon Freight Brokers objectives from the first three years of operation include:

  • To build a service-based organization whose primary goal is to constantly exceed customers’ expectations.
  • Silicon Freight Brokers use in at minimum four of the top ten silicon chip producer, as listed by Silicon Industry Journal.
  • To increase our number clients served by 20% per year through superior performance & word of mouth referrals.
  • To develop a sustainable, profitable, start-up business.

1.2 Mission

Silicon Freight Brokers’ mission is to deliver the best possible shipping experience for customers. We are here to retain and attract customers. If we follow this maxim, all else will fall into place. Our services will meet or exceed customer expectations.


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