Hog hauling financials

Ins. seems a bit low, and what about cargo ins? The 2000/mo. for misc, mtce. fees and taxes, may be ok. But what about tires, brakes, and all the other stuff that can (and probably will at some point happen) like, air compressor, H2O pump, turbo, trans, clutch, u joints, diffs, king pins, ball joints, wiper & heater motors, leaking rad, air bags, brake pots, not to mention the biggie, a blown engine, or one needing an inframe, or major rebuild? Things to think about. And, ...is the revenue guaranteed, and constant, not subject to market whims, or undercut by other desperate trucks?

 

He needs to put some better numbers together. looks like the maintenance, yada, yada, misc... is a pure guess. You can do a lot better than that. Come up with a depreciation per mile for truck and trailer based on replacing every five years. I'd have to think with a livestock trailer that number should be at least 0.30. tires prolly 0.05 or 0.06 for that type of hauling. I'd like to see where he is getting insurance for $300/mo, most paying around $700. plates, highway tax, UCR, cell phone, gonna need some rattle paddles, shockers, boots, overalls. No need to smear over all this stuff with an estimate. put some thought into it and start adding. What about trailer washing ? If he has a place to do it himself, still gonna be spending money on pressure washer, hoses, fittings, shovels, etc....