LEARN 12 SECRET STEPS HOW TO MAKE $950 MORE PER TRUCK / MONTH
Hey! I'm George J.Magoci and I will send you a FREE eBook where you can learn 12 secret steps how to make $950 more truck/month.
I know from my personal experience that this is never ending story and that those bills just keep coming. It is like a nightmare. What do you say, do you sometimes feel the same? Here are some examples of the fixed costs you might have in your trucking company:
- Insurance – one of the biggest expenses as you all know. It is mandatory to pay these bills no matter what number of miles your truck drives. Once you sign the policy you are required to pay every month.
- Office Staff Wages – another one in the row. I know it is very easy to hire extra people to do some work in stead of you but hiring more people than you should have is a safe way to bankrupt. These kind of fixed costs will hunt you all the way to zero dollars on your bank account. Be careful when hiring and be extra careful when negotiating salary with your staff.
- Truck or equipment Leasing/Truck Monthly Payments – make sure that every time you buy or lease/rent a new truck you will have enough loads to cover that trucks so that you can have 100% covered truck on every day. Prior to making a decision of adding a one more truck to your fleet try to think about it in advance and ask yourself: Am I or my dispatching team capable to cover that truck 100% day after day.
- Utilities (Electricity, Office Rent, Phone Bills, Software Expenses) – they may seem like a small in amount but the nature of these expenses makes them tricky. The reason is that they are usually tied up with a multi year contracts in place so please be careful when generating them because they are almost impossible to reduce in case of situation.
Trucking Industry Variable Costs
Variable cost in simple words mean that they go up if your business goes up and if your business goes down they go down as well. Compared to fixed cost this put them and your company in a better position on a first sight.
