Don't bother with copy and paste.

Get this complete sample business plan as a free text document.

Download for free

Communication Technology icon Telecom Wireless Business Plan

Start your plan

Cellular Providers

Company Summary

Cellular Providers is one of the state’s leaders in the field of wireless communications services.

Cellular Providers is a distributor of AT&T and Sprint PCS services. The company was formed for the purpose of selling and distributing wireless communications services. Over the course of its existence, the professionals at Cellular Providers have been involved in selling cellular service and accessories. Cellular Providers carries the latest in wireless technology from two of the major wireless companies in the industry.

The company’s management philosophy is based on responsibility and mutual respect. Cellular Providers maintains an environment and structure that encourages productivity and respect for customers and fellow employees. Additionally, the environment encourages employees to have fun by allowing creative independence and providing challenges that are realistic and rewarding.

2.1 Company Ownership

The legal name of the company is Cellular Providers, LLC. The company was initially formed as a sole proprietorship by Jason Sanderson.

Cellular Providers was formed as a company committed to being on the cutting edge of wireless communications services. Cellular Providers was capitalized with financing arranged through first round investors in the amount of $50,000. These funds were used for acquiring inventory, developing equipment and a complete product and service line, and creating supportive marketing materials.

Jason Sanderson capitalized on the growing wireless communications industry to create a niche market for its services and accessories. Through its research and development, Cellular Providers has maintained a technological lead in the marketplace and provided the best quality care for the consumer. Today, revenue sources include the services, a full range of accessories, and a variety of phones.

2.2 Company Locations and Facilities

Cellular Providers’ leases its 1,000 square feet head office which has adequate office space to conduct its operations. At some point in the future, management expects to outgrow this office space. Additional office space will be sought at the appropriate time.

Telecom wireless business plan, company summary chart image

Past Performance
1997 1998 1999
Sales $275,781 $496,406 $893,530
Gross Margin $118,586 $238,275 $464,636
Gross Margin % 43.00% 48.00% 52.00%
Operating Expenses $94,869 $154,879 $278,781
Collection Period (days) 0 0 0
Inventory Turnover 12.00 12.00 24.00
Balance Sheet
1997 1998 1999
Current Assets
Cash $150,000 $200,000 $175,000
Accounts Receivable $55,156 $99,281 $178,706
Inventory $20,000 $24,000 $34,000
Other Current Assets $3,000 $1,500 $3,000
Total Current Assets $228,156 $324,781 $390,706
Long-term Assets
Long-term Assets $20,000 $35,000 $50,000
Accumulated Depreciation $0 $0 $0
Total Long-term Assets $20,000 $35,000 $50,000
Total Assets $248,156 $359,781 $440,706
Current Liabilities
Accounts Payable $4,700 $12,067 $18,097
Current Borrowing $10,000 $0 $0
Other Current Liabilities (interest free) $0 $0 $0
Total Current Liabilities $14,700 $12,067 $18,097
Long-term Liabilities $1,800,000 $1,750,000 $1,650,000
Total Liabilities $1,814,700 $1,762,067 $1,668,097
Paid-in Capital $200,000 $75,000 $0
Retained Earnings ($1,780,261) ($1,510,682) ($1,413,246)
Earnings $13,717 $33,396 $185,855
Total Capital ($1,566,544) ($1,402,286) ($1,227,391)
Total Capital and Liabilities $248,156 $359,781 $440,706
Other Inputs
Payment Days 45 45 45
Sales on Credit $0 $0 $0
Receivables Turnover 0.00 0.00 0.00