Review My Numbers

You have to have a fein number to get a tag in GA, other states may be different idk.

 

Insurance looks high, but I don't do refer. Mine is $7,500/year w/o physical damage.

Licenses/Permits/fees look low. I'm over $5,000 and haven't started rolling yet.

Fuel looks high, but I don't know how much the refer uses. I ran around 50cpm for the last 250,000 miles as a company driver in a dry van

Lodging looks very high, but if you want to stay 1 night/week in a nice place, ok. I usually go for the $40-75 cdl specials.

Communication looks low. Cell phone + voice + data + laptop + scanner/printer + efax account

19cpm maintenance (with tires) seems high for a truck & trailer costing 28cpm in financing


I didn't see:

Parking
tolls
Compliance costs (dot inspections, drug testing, etc)
Memberships (OOIDA, NASTC, etc)
Accessories (CB, gps, inverter, fridge, microwave, etc)
Bad debt, factoring, etc

 

Wile we are in the subject CPM does anyone can recommend there favored fuel card and why , I have very good credit and need to apply to one but don't want my credit to be run several times so I need your help , I am using cash for now

 

A $7k reefer? Better plan on spending twice that on repairs the first year.

Unless you plan on expanding I wouldn't bother with the LLC even for tax reasons for just you.

 

What type of wi-fi you use or hot spot , I found one call Freedompop that it is very highly rate it .

 

Most reliable that most of my drivers use is Verizon. I think all are hot spotting off their smart phones. I have seen just about every option in the past couple years and most come back to Verizon. The added expense is worth the decreased frustration.

 

I'd second Bill's comment on the reefer. You need to add reefer fuel; mine is usually average .07 per mile but I haul quite a bit of dry freight during certain times of the year. Reefer maintenance also; at a minimum you're going to have PM's at around $100 a pop, I do mine every 2000 hours. If you buy a cheap reefer you will likely have higher costs to maintain it and I can tell you from experience there is not one part on a reefer that is cheap. My opinion would be to spend a little more up front on the trailer.