Yes I am new to this and I am searching every know place to search out a good company to lease on with. My question is once I decide where I am going to go I will need to purchase a truck and I need to know what all I will need purchase as highway tax , dot # and my llc # , open a bank account under the new buisness name? I am not sure what I need to do first and about an estimate on the cost of each? Please if you have a list in order on what I need to do first once I get leased on to a company and have them send me a letter of intent. Thanks for any information on this!!!!![]()
The Process Of Becoming A O/O?
Discussion in 'Ask An Owner Operator' started by geauxjoe, Feb 5, 2011.
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
Have money in the bank and a business plan for starters before you buy a truck. If you find a company that you want to lease to then see what they will pay for. Some pay for your base plate and some don't.
Do a search this topic has been talked about a lot on here. Learn from others mistakes.
If you ever find a truck before buying it spend some money and have it checked out, run the truck and engine serial number and see what comes up. Do not take the dealer or salesman's word for it because they are full of BS. -
Here's a thread that should help you out some. Doesn't cover absolutely everything, but should be a good starting point for you.
Becoming an Owner Operator - The steps, forms and info
Another thing to keep in mind is some of your stuff may change depending on the company you lease on with. Each company has their own way of doing things.Strider Thanks this. -
Thanks for all the information and I have $10,000 set aside for this. I have $5,000 for a down payment on a truck and $5,000 to leave in my account for emergency maintenance if any. Thanks again
-
Try the search function and read the 45,000,000 previous threads that answered these same questions...
-
Perhaps you missed this?
There is a sticky totally dedicated to this very question at the top of the this O/O forum.
It is the 5th question. It couldn't be more full of advice if it had to be.
There are MANY MANY fees and costs no one ever considers. All of these are outlined
in that sticky thread.
By the way...$5,000 for a maintenance fund. Really think that's enough...?? -
Sometimes $5,000 isn't enough in the entertainment fund.
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.