Thanks, TX...I do have a business background and have actually owned a couple of businesses just not a trucking company. I am just trying to get a realistic (and very conservative) estimate of reasonable gross revenues, expenses, etc. with regard to a trucking company.
There are obviously hundreds if not thousands of trucking companies out there (small one rig shops and those who have 100's of trucks on the road) and I know they are not out there doing this to breakeven.
I am just trying to understand, given a reasonable year and given truck payments and routine maintenance, fuel costs, etc. what is a reasonable RETURN ON INVESTMENT one should expect with one truck, 3 trucks, etc.
Obviously there are variables and we can throw those around until the cows come home, but there are must be standard costs that can be estimated and then include some contingencies (% of revenues put aside in a maintenance and equipment replacement fund) where one can put together a reasonable business plan in order to determine whether this even makes sense.
I have owned store front tax businesses where upon maturity (usually after the 3rd busy season with proper and sufficient marketing and retention), each store front should return about 30% to the bottom line.
I know that same % exists in the trucking business I am just trying to figure out what that number is. Again, all of the companies that I see represented along I-95 in Jacksonville everyday are not out there doing this merely to pass their time.
Putting together a business plan...
Discussion in 'Ask An Owner Operator' started by 94nole, Aug 11, 2007.
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