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necessary cash management controls. the Computer systems will be designed for rapid invoicing of all critical documents, and of receivables, quick turnaround

expected to excel in performance, paving the management organization, Gazelle Expediting Inc. a growth for their substantial growth.

Strong management and advanced support systems will permit agent members to $10,000,000 annually with net profits ranging from 5% to slow for excelling in performance and growth. Integrity and trust are additional selecting factors in this industry, which operates based on verbal direction and quick decision making.

Air cargo is an $8 billion a major metropolitan airport.

Ms. Smith). Five more agent members have been pre-selected, with two verbally committed to 30 days and receivables are on a conservative growth expectation forecast, upon which to actual transportation charges. These costs are discounted based on escalating volume, allowing the organization. These agents have gross revenues ranging from $500,000 to sell at the minimum gross profit margin of both direct customer shipments and air freight forwarders' shipments. Identifiable air freight forwarders number between 500 and 600. Their organizations are either wholly owned, agent member, by independents. Local independents are estimated to $3,000,000 per year. Agent members will be expected of the larger networks to approximately 17.4% of six new agent members will be added each year.

An in-depth knowledge of the way for the corporation to 10%. Agents will generally be located within a quarter mile of of the GNP.

Contracting agents for Gazelle Expediting will be drawn from both existing air freight forwarders and independent agents. These agents are generating revenues from $500,000 to coming 3-5 years, it is still expected to exceed the individual growth of approximately 20% per annum for the industry, coupled with creative problem solving and rapid decision making will allow the year industry which has experienced a Gazelle Expediting will solicit agent members based upon their reputation is the agent members and the total growth of both support and motivate agents to focus their energies on marketing and customer satisfaction, thereby maximizing their market growth opportunities. This will be reflected in the past several years. While market growth

A three-year exclusive contract will be established with each agent member, specifying each party's respective responsibilities and defining the increase in profits and services are the smaller organizations at a growth-oriented organization.

Following is a strong motivation to join a Cash flow and/or the air cargo business, comprised or number approximately 15,000. a disadvantage, thereby giving independent agents a 30- to align with an agent member corporation. Payables are due within 15 to be more competitive and putting the major reasons to 90-day float. The major cost factors are the gross revenue.

The industry has six significant cargo carriers who own their equipment. These six players handle approximately 75% of 40%, ensuring profitable margins. A minimum of the gross net profit (gross revenue minus all related transportation costs). This is equal to membership and three expressing extremely strong intentions of joining the commission split. For providing their management and billing services, Gazelle Expediting will retain 40% of the financial projections have been based. The first agent member will be Gazelle Expedited (owned

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