Finacial questions.

Discussion in 'Questions From New Drivers' started by mustangman1, Jul 26, 2012.

  1. mustangman1

    mustangman1 Bobtail Member

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    I am looking to start atrucking company and need financial help anyone out there willing to take a chance on some one with the will and nohow to make it work.
     
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  3. Gizmo_Man

    Gizmo_Man Road Train Member

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    i wish you the very best, but frankly, you are an unknown. for people to "take a chance" on you will require more than just a simple advertisement here.

    i highly suspect that you will be signing your life and ALL your possessions away as well.
     
  4. STexan

    STexan Road Train Member

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    There are plenty of small operations out there to buy .. cheap. Which begs the question "why is that?" Now may be a good time to get started but now is not a good time to make any significant money. No-how or no no-how. Unless you see a local niche/need but even those come to an end sooner more often than later.
     
  5. mustangman1

    mustangman1 Bobtail Member

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    Jul 25, 2012
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    apreciate the advice but i am licensed for everything and willing to haul anything as far as work out there, there is all kinds trucks will never stop rolling. It is called construction.
     
  6. STexan

    STexan Road Train Member

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    True ... and there is all kinds of other truckers out there who also are hungry. It is called competition and it is about being flexible, adaptable, and able to run efficiently and being able to absorb a lot of cheap freight due to that same competition. Construction comes and goes, oil/gas production comes and goes, food and living necessities go on forever ... problem is, the market is literally flooded with trucks and trailers begging for that cheap freight.
     
  7. roadflyer

    roadflyer Bobtail Member

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    There is a private venture capital networking site called Angel Network, I think. If I recall correctly there is a section for people with money to invest to display what they are interested in, and another section for entrepreneurs to exhibit their business concept. If an investor has interest in your concept, they contact you.
     
  8. Pilot1

    Pilot1 Light Load Member

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    @ Roadflyer - Private Venture Capitalist's will require a Business plan, to include modeling and forecasting. Also; he could try the SBA, although the business plan is a mandatory requirement.

    Mustangman - You do realize that the phrase "take a chance" does mean risk - right? I say this not in a negative way, but to mitigate the risk; you will have to have some pretty good pockets. There's no discouragement here, however you are entering a market thats somewhat on the heavy side of "fierce competition"..
     
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