Starting a Trucking Business in Nebraska, advice needed!

@Allow Me. summed it up pretty good. I would invest whatever money you planned on putting into this idea into something else. Perhaps a rental property? The truck, the driver, the industry will take take take, with not much return.

 

Leasing to your Dad's company should not be a problem. Just remember sometimes business and family does not mix very well. You need to decide what type of freight you want to haul and find a piece of equipment that is spec'ed to move it. I would suggest you simulate booking loads on the load boards for a month on both types of operation that you want to run - Tractor - trailer or box truck and look at the numbers. Contact your state trucking association and see what kind of help they can offer -

Nebraska Trucking Association - Nebraska Trucking Association

Your cash flow is low for starting a business and hiring an employee. Your Driver will expect to get paid every week, whether you do or not! Your problems are not his problem's. If he or she picked up freight and delivered it...pay em! If you are running for brokers quik pay may have to be an option. You will need Insurance - so you should talk to as many agents as possible to get an idea of what insurance you will need and what the premiums will cost.

You should be on the phone daily talking to your Dad - First question should be "tell me what I don't know Pop...."

Good Luck!

 

Well what does your dad say about your idea?

 

$12k is nowhere near enough, especially figuring you’ll be paying a driver for a month or better before your money starts coming in.

 

Dude 12k ?? That's like 4 weeks of fuel. Add a 0 behind that 12 and it might work. But you are going to eat #### for a year or more...
If it was saturated as a dispatcher that tells you everything you need to know. It's not any better on the carrier side of things...

Throw your 12k in the stock market and let it ride. You would be up about 5k this year already.

 

Don't do it. Even in the best of times it is difficult and now is a really bad market to get started in. You know the quickest way to get a Million dollars in Trucking? Answer: start with 2 million.

 

A man named Russ who used to own Heartland Express had a saying; "The driver is key."

Another saying: A dependable wife is worth her weight in gold.