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Investing in a FedEx route basics
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<blockquote data-quote="bacha29" data-source="post: 2159710" data-attributes="member: 58386"><p>Bounty, knock it off. Many of these guys have everything they've got tied up in their operations. The challenge ahead is to send that company a clear message and that message is " we have 6 and in some cases 7 figures tied up in this and as a result you're not going to treat us like Uber drivers". Clearly X has set out to expand it's margins at the expense of contractor margins. Profit margins are the basis for equity creation but as I said earlier the business model never has and never will have anything to do with creating equity for contractors. Now you are being required to provide trucking and labor at an even lower cost. My advice. Give them only the minimum required. Pay off debt and consider selling out because given the direction this thing is headed chances are your routes are not going to be worth anymore 5 years from now then they are right now.</p></blockquote><p></p>
[QUOTE="bacha29, post: 2159710, member: 58386"] Bounty, knock it off. Many of these guys have everything they've got tied up in their operations. The challenge ahead is to send that company a clear message and that message is " we have 6 and in some cases 7 figures tied up in this and as a result you're not going to treat us like Uber drivers". Clearly X has set out to expand it's margins at the expense of contractor margins. Profit margins are the basis for equity creation but as I said earlier the business model never has and never will have anything to do with creating equity for contractors. Now you are being required to provide trucking and labor at an even lower cost. My advice. Give them only the minimum required. Pay off debt and consider selling out because given the direction this thing is headed chances are your routes are not going to be worth anymore 5 years from now then they are right now. [/QUOTE]
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