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<blockquote data-quote="n/a" data-source="post: 155351"><p>Most of the multi route contractors are not paying their drivers as employees, they instead try to get away by calling their drivers subcontractors. Since most contractors only make around $43000, if they pay a driver $30000,(51 hours a week at $10 an hr)and have another $8000 in payroll taxes if they operate legally, that leaves only $5000 profit per route. </p><p></p><p>If the owners trucks are paid off, you can make it look like more profit, but you arn't allowing for eventual replacement of the truck. If somebody wants to fool himself that he's making $50,000 or $120,000 on five or even ten fedex routes, you won't be able to convince him otherwise. Fedex has a lot of people really indoctrinated into beleiving numbers that can't be true if they understood math.</p><p></p><p> just to show you an example of the bad math they beleive, look no further than the post above claiming that fedex could take care of business with a "few hunded" contractors each with 5-6 routes. With 15000 contractors, fedex would need about 3000 contractors willing to beleive in numbers that don't add up.</p><p></p><p>If it was even a partially good deal, fedex would have had those 3000 contractors years ago, with more knocking down the doors trying to get in. Instead they have poor working men and women, some of whom were tricked into buying routes, anxious to get out if they could just get their money back.</p></blockquote><p></p>
[QUOTE="n/a, post: 155351"] Most of the multi route contractors are not paying their drivers as employees, they instead try to get away by calling their drivers subcontractors. Since most contractors only make around $43000, if they pay a driver $30000,(51 hours a week at $10 an hr)and have another $8000 in payroll taxes if they operate legally, that leaves only $5000 profit per route. If the owners trucks are paid off, you can make it look like more profit, but you arn't allowing for eventual replacement of the truck. If somebody wants to fool himself that he's making $50,000 or $120,000 on five or even ten fedex routes, you won't be able to convince him otherwise. Fedex has a lot of people really indoctrinated into beleiving numbers that can't be true if they understood math. just to show you an example of the bad math they beleive, look no further than the post above claiming that fedex could take care of business with a "few hunded" contractors each with 5-6 routes. With 15000 contractors, fedex would need about 3000 contractors willing to beleive in numbers that don't add up. If it was even a partially good deal, fedex would have had those 3000 contractors years ago, with more knocking down the doors trying to get in. Instead they have poor working men and women, some of whom were tricked into buying routes, anxious to get out if they could just get their money back. [/QUOTE]
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