Dude, there are a lot of red flags here, you don't seem to get you won't make 2100 miles a week all the time - that's a fact.
Another red flag is the idea that $8k for a breakdown fund is good, try $20k. And you need to have money for bills and drivers compensation when there is downtime like when the truck is in the shop or when there is a downturn in the economy.
A third red flag is the way you are approaching employing a driver, you can't make them an independent contractor without the knowledge on how it works. I had to be careful on how I approach the right way to do this and maintain it through proper management of the drivers. I could not do one thing and have the drivers taken care of. You're only choice is to make them full employees and pay the taxes and so on based on something better than 40 cents a mile. I start my drivers at 40% of the trucks gross, and with the fleet average at $1.90 per mile exclusive of FSC, that's about 75 cents per mile and it is that high to retain good drivers.
A fourth is how you are using the word lease with the confusion caused by the questions. A lease means you own the truck, have a driver and are with an independent carrier. Is this what you mean?
26 questions for Business Owner with workers
Discussion in 'Ask An Owner Operator' started by Maximuswood, Feb 1, 2019.
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Trucking Jobs in 30 seconds
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