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Paperwork for a O/O Startup

Discussion in 'Ask An Owner Operator' started by Brandon Marr, Apr 15, 2020.

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  1. Apr 15, 2020 #1
    Brandon Marr

    Brandon Marr Bobtail Member

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    Just gonna cut to the chase here, Im wanting to start up as a O/O hotshot driver. I live here in south Texas and am trying to get all the paperwork filed. I got my LLC in the process already waiting on EIN and such. What else needs to be filed?

    FMSCA
    DOT#
    MC
    BOC-3

    What else is needed and do i have to wait for my EIN and LLC to be fully formed or can i get on these already. I dont want to be fooling around if i can get these done asap. I tried and seems like i needed my LLC formed. Let me know any advice you experienced guys have.

    Thanks.
     
    Brandon Marr, Apr 15, 2020
    Brandon Marr, Apr 15, 2020
    #1
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  3. Apr 15, 2020 #2
    xsetra

    xsetra Road Train Member

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    Did you check in to Bankruptcy filing. If you will use chapter 7,11 or 13.
    Seriously. Don't forget to start a driver file for yourself. I think you will need an EIN for you DOT#
    Good luck.
     
    xsetra, Apr 15, 2020
    xsetra, Apr 15, 2020
    #2
    Doealex Thanks this.
  4. Apr 15, 2020 #3
    Brandon Marr

    Brandon Marr Bobtail Member

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    What exactly is a driver file...and don't scare me with this bankruptcy filings lol hope it's not like that.
     
    Brandon Marr, Apr 15, 2020
    Brandon Marr, Apr 15, 2020
    #3
  5. Apr 15, 2020 #4
    xsetra

    xsetra Road Train Member

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    You are the company, You are also the driver. The company(LLC) needs to have a file on each driver(you).
    It is called a driver Qualification file. My assumption is you are a CDL holder.

    https://csa.fmcsa.dot.gov/safetyplanner/documents/Forms/Driver Qualification Checklist_508.pdf

    You make the business work during this economic downturn, You will survive any economic condition.
    Good Luck.
     
    xsetra, Apr 15, 2020
    xsetra, Apr 15, 2020
    #4
  7. Apr 15, 2020 #5
    xsetra

    xsetra Road Train Member

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    double post
     
    xsetra, Apr 15, 2020
    xsetra, Apr 15, 2020
    #5
  8. Apr 16, 2020 #6
    Brandon Marr

    Brandon Marr Bobtail Member

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    Oct 4, 2015
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    I am a CDL holder, I'm aware of the economic conditions however I didn't know it was that bad for freight, I know it's slow but is it that bad right now for freight? Do you believe chances of failure are very high?
     
    Brandon Marr, Apr 16, 2020
    Brandon Marr, Apr 16, 2020
    #6
  9. Apr 16, 2020 #7
    Hype6477

    Hype6477 Light Load Member

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    Since you do hotshot maybe it will be ok for you but, my truck is parked.
     
    Hype6477, Apr 16, 2020
    Hype6477, Apr 16, 2020
    #7
    Blackhorse77 Thanks this.
  10. Apr 16, 2020 #8
    xsetra

    xsetra Road Train Member

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    There is always a chance of failure.
     
    xsetra, Apr 16, 2020
    xsetra, Apr 16, 2020
    #8
  11. Apr 16, 2020 #9
    Judge

    Judge Road Train Member

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    UCR (Unified Carrier Registration)
    IFTA
    Be prepared to wait 21-45 days for dot # to be activated.
    Have to have drug and alcohol testing, be in the clearing house now as both employee and employer, do a check on yourself ($1.25/full check then do limited query every year.)
    Brokers pay 30-60-up to 90 days so have money or run for a company you know m.
    Best to have some cash.
    :Trailer::Trailer:
     
    Judge, Apr 16, 2020
    Judge, Apr 16, 2020
    #9
    Blackhorse77 and rachi Thank this.
  12. Apr 16, 2020 #10
    Judge

    Judge Road Train Member

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    Also look into getting a DUNS number, after getting EIN
    And KYU number if you plan on going to or through Kentucky
     
    Judge, Apr 16, 2020
    Judge, Apr 16, 2020
    #10
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