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Shipping, Freight & Trucking icon Freight Brokerage Business Plan

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Silicon Freight Brokers

Management Summary

Silicon Freight Brokers is a C Corporation with Steve Tookarefol owning 100% of the stock.

Steve, the founder and sole stockholder has a degree in mathematics from Notre Dame University. While in college, Steve worked in a travel agency, learning the nuances of a service-based organization that works on commission. After college, Steve joined Speedy Freight Lines beginning in the accounts department. Recognizing the talent that they had with Steve, Speedy began to move him through many different departments to familiarize him with the entire company. Steve rose to manager of broker accounts and held the position for two years. Steve spent a total of eight years at Speedy. During 2000, Speedy brought a new CEO on board and Steve felt that the company was now being guided in the wrong direction so he left to start his own company.

Steve will be assisted on a consulting basis by his wife, Wendy, who has spent the last seven years as a consultant for Intel and Texas Instruments (among others). Wendy’s areas of expertise include processor usage of silicon chips.

The combination of Steve’s knowledge of the shipping industry and Wendy’s knowledge of silicon chip usage has given SFB the power to succeed in this niche freight brokerage market.

6.1 Personnel Plan

The staff will consist of Steve working full time for SFB as the capacity of owner and licensed broker.

SFB will be hiring additional employees for a secretary/receptionist position and then a customer service/account representative. These positions will be paid an hourly wage and will generally be working full time. SFB will bring these two positions on at staggered times.

SFB will also be using Steve’s wife, Wendy, as an industry consultant who will be generally paid on a monthly invoice.

Personnel Plan
Year 1 Year 2 Year 3
President/Broker $24,000 $24,000 $24,000
Secretary $15,840 $15,840 $15,840
Customer Service/Account Representitve $12,960 $15,840 $15,840
Other $0 $0 $0
Total People 3 3 3
Total Payroll $52,800 $55,680 $55,680