Some basic questions about truck, processes, procedures, etc.

Discussion in 'John Christner' started by Phantaztix, Apr 27, 2017.

  1. Steel Tiger

    Steel Tiger Road Train Member

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    Clermont, FL
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    If this is your 1st venture becoming a business owner, you will have some pretty big obstacles to overcome.

    The biggest one is staying organized. Running a business is going to require you to stay on top of your receipts, expenditures, and the like. They do offer the ATBS program, but I personally think they are crap.

    The way JCT has truck payments set up with a variable means that more miles turned in DOES NOT mean more money in your pocket. If you turn in more miles, it will be a larger truck payment, which means it will knock off more principal of the balance owed, but doesn't mean you will bring home more money into your pocket next week. You'll have to find a balance that works for you and decide if your goal is to pay off that particular truck, or up grade down the road.

    One of the great things about JCT is that they pay/cover EVERYTHING except fuel and maintenance. So it's a great program for beginners as you don't have to worry about a lot of things. You can concentrate on keeping as much revenue per mile as possible.

    Can you make more money elsewhere? Absolutely. But contracting to them can be profitable too. I'm coming up on 8 years here and an still 100% debt free.

    Whether you come here and learn the ropes of being a business owner and then move on, or stay many years will obviously be up to you. You'll hear all kinds of horror stories about leasing. Sure, it's a risk. But you have to shed the company driver mentality and remember that this is YOUR business and treat it as such.
     
  2. Phantaztix

    Phantaztix Light Load Member

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    Of the trucks they offer, have they gotten in any of the New 2018 Cascadias?

    Reading through other posts, I assume they want documents via TransFlo? I've never used it, is there a charge for the driver? Is it a scan and send, or an envelope?

    And as a quick survey, how much do you (anyone who reads this) set back for taxes? I know it's 15.3% according to the IRS, but what's realistic to deduct from each settlement and assume you're going to pay on your quarterlies?
     
  3. crxdc

    crxdc Road Train Member

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    No 18s.
    Scan no charge .
    I hold total of 30%
     
    Phantaztix Thanks this.
  4. Phantaztix

    Phantaztix Light Load Member

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    Why 30%? Do you actually owe that much, or is it to get back a larger refund at the end of the year?
     
  5. crxdc

    crxdc Road Train Member

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  6. Phantaztix

    Phantaztix Light Load Member

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  7. crxdc

    crxdc Road Train Member

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    About 21% is current taxes. 2% back taxes. The rest goes to my 401k.
     
  8. TAfool

    TAfool Medium Load Member

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    Will be done in about 8 weeks. I'm staying here.

    TA
     
  9. Timber&Tucker

    Timber&Tucker Bobtail Member

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    Are all their trucks automatic or can you still get a standard?
     
  10. crxdc

    crxdc Road Train Member

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    Most are autos a few sticks left. Depends on what's in available status.
     
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