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FedEx Discussions
Looking for some insight on purchasing and running a ground route
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<blockquote data-quote="FdxExp4217" data-source="post: 1879503" data-attributes="member: 60478"><p>Hello!</p><p>I'm new to the forum and would like to get some info from current route owners. I've been doing some research about the whole 'owning a ground route' deal for some time. Im currently a courier for the 'express', overnight, side of Fedex. I enjoy this type of work environment and i think owning a ground route would be pretty simple for me. I just need to learn the accounting part of the business, but my sis is an accountant so should work out. Yes I know I won't get any of the benefits that Express provides to its employees because the Ground side is contractors. I would like to start off with owning one route and running it as well then eventually purchase another route then hire someone.</p><p></p><p>How much would I need to save to show I can handle maintenance cost and expenses from the start?</p><p></p><p>Would FedEx allow a 1 person show or would I have to have a partner that handles the books?</p><p></p><p>Considering I have kids, would I have to keep the 'late pickups' that come with the route or can I hand them off? I know that'll be money lost, but my kids come first</p><p></p><p>Is it possible for a route to expand and develope more income or does it just stay the same? </p><p></p><p>I can't remember all the questions I wanted to ask but they'll come to me. </p><p>Thanks in advance!</p><p></p><p>-Nick SVZA</p></blockquote><p></p>
[QUOTE="FdxExp4217, post: 1879503, member: 60478"] Hello! I'm new to the forum and would like to get some info from current route owners. I've been doing some research about the whole 'owning a ground route' deal for some time. Im currently a courier for the 'express', overnight, side of Fedex. I enjoy this type of work environment and i think owning a ground route would be pretty simple for me. I just need to learn the accounting part of the business, but my sis is an accountant so should work out. Yes I know I won't get any of the benefits that Express provides to its employees because the Ground side is contractors. I would like to start off with owning one route and running it as well then eventually purchase another route then hire someone. How much would I need to save to show I can handle maintenance cost and expenses from the start? Would FedEx allow a 1 person show or would I have to have a partner that handles the books? Considering I have kids, would I have to keep the 'late pickups' that come with the route or can I hand them off? I know that'll be money lost, but my kids come first Is it possible for a route to expand and develope more income or does it just stay the same? I can't remember all the questions I wanted to ask but they'll come to me. Thanks in advance! -Nick SVZA [/QUOTE]
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Looking for some insight on purchasing and running a ground route
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