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 will not mention all the cost that exist but from my point of view and experience I will mention few of them that are most important and that can create losses if not monitored properly.
- Office Staff – Even though it may look good and fancy or it can present your company in better way try to avoid over staffing your company. Being a trucking company owner is all about hard work so if you go and try to find people managing job duties instead of you it may drive you to bankruptcy. Instead of hiring accountant outsource it for $500 a month, use IFTA software to generate IFTA automatically instead of paying for it. The list is huge – pay attention to this.
- Diesel Fuel – The more you drive the more you spend. The biggest expense every trucking company has. Up to 35% of all your income goes on one single expense – diesel. In order to control the costs try to use fuel cards that will get you either huge discounts or cash back or even better the ones that can get you both of these things.
- Maintenance – Maintaining trucks when the business is booming is a real challenge. Having trucks on the road all the time without coming back to the company usually results in skipped maintaining checks and expensive over the road repairs and towing. Crazy expensive services can be avoided by using warranty and maintenance plans from large truck lease/rental companies. You just buy they maintenance plan and you reduce the pricing up to 30% and have hundreds of locations over the country to maintain the truck.
Conclusion
Being able to effectively control and manage your cost is an important part of managing any trucking company and being able to forecast them gives you a power to control where your trucking business will go and allows you to position your company in the highly competitive market as a leader.
