For a school project, I need to figure out what is it that O/Os do, aside from drive a truck of course. I've been looking around this forum and came up with the following list of tasks that O/O have to do beyond just driving a truck. Please add to this list or make corrections. ⁃ Taxes ⁃ Find Loads ⁃ Maintenance ⁃ Insurance ⁃ Permits/forms ⁃ IFTA ⁃ Accounting ⁃ Billing and collections Am I missing anything? - Sam
may want to add "business owner" to that list too. We are not anything close to being a "truck driver". Driving that truck is only about 15% of the job. You have Regulations compliance, safety Director, HOS compliance as well in that mix.
Also don't forget the fact that most O/Ops do there own maintenance. Grease the truck, change the oil, little things here and there to keep the truck "well Oiled".
if you plan your operations, determine a reasonable net profit and what the value of your services are worth. In our case, we are a service provider. As a company truck driver, you do not have any of the responsibility to determine the day to day business operations as an o/o would. As a lease operator, it would depend on how much you can determine your actual operation. If you cannot decline a load, it becomes a grey area (IMO) The more autonomous you become, the more of a business owner you are. You are responsible for AR/AP, licensing and daily operation. It is likely that the actual performance of the primary service (in our case, driving a truck and picking up/delivering freight) is only a small portion of your job duties combined.
Like his eagerness to ask. I do my thing. I'm good at doing My Thing. I live around that. Every body has to work. I work for ME. My Office stays the same, My location don't. I can work for Me.