ok...you "could have grossed" $5,000
how much would you have NET after all the bills are paid..????
gross is ONE thing, NET is entirely something else.
To go owner operator or not. I need input!
Discussion in 'Experienced Truckers' Advice' started by retlow8, Feb 25, 2018.
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I only have to pay myself $850 a week to stay comfortable and get my bills paid. I have looked into a SBA loan to procure the truck, have $10k put back for maintenance, pay all my insurance and permits up front, and have $10k put back for fuel. Like I said, Id have a warranty so that $10k for maintenance would be my start up cushion rolling over, with money still being put in until I reach $40k worth of cushion then it's on to paying off the loan.
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Stay a driver.
Here is why.
YOU have one major breakdown and you will not make the money up, it will cause you to either use your reserve funds up or seek out a loan to get the truck fixed quickly.
I would look at this hard, the money you gain can vanish in one week.
I have many reasons for this, most to do with what isn't discussed on this or other forums - real failures. -
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