I know, I know. It's the height of arrogance to quote yourself. This is the thread that the post was originally made in: http://www.thetruckersreport.com/tr...thing/266324-setting-yourself-up-failure.html
I cannot stress enough that when you buy a truck and lease it on with a company you are no longer a truck driver, you are a business owner. That you happen to still drive just means you now have a new boss. Everything becomes a numbers game and if your numbers don't add up you are out of business. It is stressful, especially since a truck can break down at anytime without warning. I've had 4 times my truck did that to me while at Roehl. Twice the loads had to be repowered. It's part of trucking and if you are going to own your own trucking company you had better be prepared with a plan. I went in for a simple PM and ended up down for 3 days and out $1800 for a new oil pan. Later I found out that if I had gone to Truck Centers in Springfield they had a tap kit that would have saved me a ton in time and money.
Do not start with the truck and then try to build a business plan around your payments. Build your business plan first using the lowest revenue projections you can and the highest costs. Then you know how much truck you can afford. Just remember when the miles and freight aren't there, the truck payments, insurance, household expenses, taxes, plates and everything else still is.
Owner/Operators at Roehl
Discussion in 'Roehl' started by HauntedSchizo19, Nov 22, 2014.
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I'll send a message to all of you when I return home here either Wednesday or Thursday. Thanks everyone!
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How much per day having a student pay you?
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Do you guys have a lot of students quit while in training? -
HauntedSchizo19 Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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