How to build my LLC

If you allready have people keeping the trucks you have running every day safely you can take the time to buy trailers at a good cash price and build up a pool of trailers slowly to keep your new LLC growing without being in payment book trouble?

 

You have the trucks, you may bobtail to any state and pickup any trailer then bring them back to CA, then add the green tires + other fairings you need to stay happy in CA.

 

Start by looking at truck/trader on line then remember that prices change when you find owners that need to have loans taken over by another person? they may have payed on loan for a number of MO. or years then cant make the payments and will be willing to lose all money put into trailers just to have loan taken over but papers must be signed so you have title when last payment is made?

 

If you're buying a refer make sure it's Can compliant.

 

If I were you I would let him have at it. Just have a weekly or monthly meeting to go over everything.you deal with the nuts and bolts. He deals w they shippers and credit.
Lucky.......

 

No, don't let him "have at it". You need to get a good non-family or non-friend accountant to watch the money side of the business. Just to make sure all the payroll is in order and with an LLC you still need to file a corporate tax return. Many reasons why that is but, an accountant can explain it better than I can. A word from someone who has been there" A good accountant is worth every penny you pay them". Especially with so much family involved in the business.