What's a business plan?

I've never known anyone who has gone to the SBA for anything. Frankly I don't think they have any interest in helping garages,, towing companies, salvage yards, trucking companies, excavation contractors or anybody like that. And I actually don't know anyone who would want to invite a government agency like the SBA to have their nose up your behind

Me personally I don't like Banks or lending institutions. I don't have time for their games and bs. I bought my yard, my building, all my tools and equipment without borrowing money. I'm not going to play "mother May I"with some little snot.

So far my attitude has served me well, I'll be 60 this year actually in just a few months, but hey who knows what the future will bring,especially with this scumbag government we have now who hates anyone with a small business

 

Solid plan but I feel you are not taking your own advice strongly enough on No.7
No women till the house is paid off, and when it is ...

 

Write your business plan

 

Lol ill be dead before that .

 

I don't care what kind of plan you have, or don't have.

If you like to spend money, you are going to perpetually struggle.

I think you need a sizeable cash reserve, cause you need to be able to afford the big hit.

Let alone ( God forbid ) you get in a wreck, now the tool ( truck ) you blinged up, is basically paid off by the insurance. Insurance has also just canceled you. So now you have..........????? To start all over.

There is calculated risk. Not just throwing caution to the wind.

Effort is the big equalizer for lack of skill. In any aspect of this game. But effort takes energy. And the older you get, the less energy is available.

I've narrowly missed two full on head on collisions in the last 4 years. Honorable mentions for a third.

You can wipe your ### with your business plan then if that happens.

 

Wait for a girlfriend a few years until your belly gets big. LOL You might want to get your girlfriend before then. Just saying...
That's the beauty of truckers. Real life.

 

When I started I took high interest loans. I had no choice. Then with time I refinanced some. Still, I have a lot to pay back my second year.
Everyone starts differently. Whatever works.

 

Disclaimer... I hadn’t read this thread at all.

A business plan is something to make new people feel confident in their risk and likely taking in debt. Or, to satisfy investors that you know your ### from a hole in the ground. lol

Any longer term business that starts with a business plan will make adjustments on the fly. Adapt or die.