because I don't like taking business expenses out of the household budget.
Failing to plan for them means you fail in business.
Estimate your costs low enough long enough and you go upside down....
HARD.....
It's road time. HAGD all...![]()
Quotes 911
Discussion in 'Ask An Owner Operator' started by jackjohnson, Mar 23, 2012.
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so what are realistic costs of operations and expenses and etc. and also how do you know what profit margins to increase or decrease. i want to be able to know if im getting screwed on a run or not.
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According to these guys ...90%. Of guys are getting the shaft
I've done just fine paid a truck off in 2 years
I've got health care I buy ( 316.00 a month ) BCBS 2,500 ded
I work about 3 weeks take a week off
I avg roughly ..1.61 a mile
So I guess my model sucks ...
But I assume it works just fine considering I run a debt free biz
If your running van - good luck getting those 1.90 -2.10 rates consistent
Reefer rates ??
Flat ?? -
E health insurance is where u can get health coverage
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Experience. Once you determine your fixed costs, you know what price is your bottom line. It should be somewhere between $1.40-$1.70 depending on driver pay, trailer etc. with today's fuel costs. It could be much higher if you have a truck payment, don't take advantage of fuel discounts, etc.
The real challenge is figuring out where to run. I take it you have absolutely no freight already, which is a bad way to start a business. The best paying loads you'll see on a load board go to places that are cheap or impossible to get out of. You have to figure out what works for you.US MARINE Thanks this. -
Holy ... Crap
Did I not say 1.43-1.53 Depending on wage ?
He specifically asked what his cost was I broke it down for
Truck then truck .. Plus wage -
And he never said nothing bout a trailer
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My break down was TRUCK
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I highly suggest to any new o/o or those considering it to take some business classes. Learning terms like ROI,APR, etc and how to actually calculate profit, employee expenses, etc can only benefit them.
I've seen much worse averages pulling vans and I've seen much better as well.
Did your business model factor in replacing worn out equipment since I've seen you're looking at newer trucks? Or is your debt free biz not going to be debt free anymore? If more o/o would think like business person instead of a trucker, we wouldn't have to fight for a decent rate nearly as hard. -
My quoted response was to him and his post. It had nothing to do with you!
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