has anyone heard of driving for rooms to go... I saw a trailer the other day and said hiring owner operators, I think its through southeast independent contractors . I called to see what the requirements were and they said at least 1 year driving experience class a, single axle day cab 2003 or newer, I would have to hire my own laborer, no fuel discount, they do pay a fuel surcharge, they say gross pay is 120,000 to 130,000 a year with a 1099 at end of year, home every night and they said they deduct 203 a week for truck insurance which covers the truck and the provided trailer... im trying to figure out the numbers to see if its worth it. Im coming up with take home annual salary around 50 to 55,000 but after 1099 im not sure. although that may not be much, for me it is better pay and easier work than I do now. my annual take home now is gross 35,000 and average salary where I live is 20,000. so my questions are, is the 203 a week for insurance a good rate and is it normal to be paying the insurance on there trailer?. with all fees for fuel, registration, taxes, inspection, maintenance and pay for laborer does my number at 55,000 sound right?. how much is a good amount to have in the company bank account for unexpected expenses?, and if you or if you know someone who signed on with them, are they a good company to work for.thank you for all and any information
rooms to go
Discussion in 'Ask An Owner Operator' started by thecaveman1, May 16, 2013.
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My brother use to have a few trucks on with them down in Florida and he never had any problems other than the fact they would sometimes fall behind on their payments but not as bad a most brokers he said. But he had his own authority and I'm pretty sure that's a different situation than driving under their authority.
thecaveman1 Thanks this. -
I know two drivers who work for them, they both say they're happy and happier than their last job. Don't know much else of the details other than what u stated ...but hey if after u crunch the numbers u still find it appealing then go for it! Best of luck
thecaveman1 Thanks this. -
$203 a week for insurance sounds very high to me. Thats $10,556 a year!
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How can you come up with any numbers without knowing how many miles are typical? And by the time you pay taxes out of that money, fuel, truck repairs, and a laborer I don't see where there would be anything left over for you to take home. What is rooms to go?
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Oscar the KW Thanks this.
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It must be cheaper for them to 1099 a hired truck .....
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Many places are learning its cheaper to hire IC's.
Company drivers, driving company vehicles (not all, but a lot of them) treat them like crap. IC using his or her own ride, tend to treat them with respect.
I manage a company that goes in and takes over all deliveries for companies. All we use is IC's. One of our customers before signing on with us, was averaging an accident a month in company vehicles. Their insurance was going through the roof.
in 3 years, the ic's I have recruited have had only 1 accident. Driver hydroplaned on a wet bridge, no other vehicles involved.
They no longer have to run adds, interview, background check, drug test, fire, lecture, etc. All of that is handled by me, they pay the same amount every week. They know every week what they owe, there is no overtime, sickdays, vacation days.
If someone is sick, they (the driver)have backup drivers. or I have backup drivers that cover, or I cover the route. They never have to scramble to find a driver last minute.
Less stress, and we can normally lower their costs by almost 25%.
I treat all my IC's fairly, in 3 years I have had only 1 quit, 3 months later he was asking me if he could come back on board, found out that we pay well above average for the particular industry we serve.thecaveman1 Thanks this. -
thank you all for the info as far as miles go I am figuring around 100 to 200 give or take I run local routes in the area delivering produce to local restaurants and run about that a day. when I delivered furniture in new York I never drove more than 100 miles in a day unless I was delivering to new York city or down to Florida.. this is all local so im taking a guess maybe on the high side maybe on the low side not sure. as far as anything else you ask I don't know that's what im asking...I guess we are looking for answers to the same question. just looking for helpful tips to see if its the right move for me... im figuring if I make 120,000 I figure 9 to 10 an hour for a laborer so just say 20,000 that drops me to 100,000, fuel I can only go by what I pay now for the company truck 3.79 a gallon, (2) 90 gallon tanks which lasts about 2 weeks, 683 if empty 1366 a month 17758 a year which brings me to 82242, truck insurance 203 a week, 10566 a year which I thought was expensive as well brings me to 71,676. if I take a yearly salary of 50,000 that drops me down to 21,676 for the business in taxes, unexpected repairs, or any problems I shall run into.. after the first year if I can I will bump my pay up for myself and laborer if not I wont. as far as taxes any repairs or work done to truck is a tax write off. come tax season I will use any write off I can to help with taxes may not be much but anything helps... now im not sure if my numbers are accurate but that's why im on here just looking for advice. oh and rooms to go is moving furniture
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