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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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What do l need to do to start my company but not being a driver
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<p>[QUOTE="T One T, post: 9420582, member: 264284"]One truck?: only if you have another WELL PAYING job to cover your living expenses and have enough in savings to cover up to 25k dollars in breakdowns for the first six months. Also, every penny goes back to the business.</p><p>Pay the driver very very well, an include him/ her as a part of the growth of the company if applicable. Don’t lease a truck, purchase one. You’ll pay 40% down as a first time buyer and no CDL.</p><p>Then, contract to a carrier that accepts “small fleets” and basically handles everything, but learn all of the things they are doing for you.</p><p>Prove that your business model works, then get truck number two and so on.</p><p>I drove from 1993-2004 and with todays regulations I had to completely re-educate myself. It’s tough, frustrating, but it’s do-able. </p><p>Remember driver happiness leads to driver retention and loyalty. </p><p>Always think of the driver first. From buying the equipment to paying them in rough times. </p><p>Don’t expect a profit. It looks good on paper but 100% goes back to the company for as long as you can.</p><p>5-700 per week after the bills are paid? Sure but one tire is “how much”? Full service with filters?[/QUOTE]</p><p><br /></p>
[QUOTE="T One T, post: 9420582, member: 264284"]One truck?: only if you have another WELL PAYING job to cover your living expenses and have enough in savings to cover up to 25k dollars in breakdowns for the first six months. Also, every penny goes back to the business. Pay the driver very very well, an include him/ her as a part of the growth of the company if applicable. Don’t lease a truck, purchase one. You’ll pay 40% down as a first time buyer and no CDL. Then, contract to a carrier that accepts “small fleets” and basically handles everything, but learn all of the things they are doing for you. Prove that your business model works, then get truck number two and so on. I drove from 1993-2004 and with todays regulations I had to completely re-educate myself. It’s tough, frustrating, but it’s do-able. Remember driver happiness leads to driver retention and loyalty. Always think of the driver first. From buying the equipment to paying them in rough times. Don’t expect a profit. It looks good on paper but 100% goes back to the company for as long as you can. 5-700 per week after the bills are paid? Sure but one tire is “how much”? Full service with filters?[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Owner Operators
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What do l need to do to start my company but not being a driver
>
Reply to Thread