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Overlap plan
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<blockquote data-quote="bacha29" data-source="post: 3340539" data-attributes="member: 58386"><p>It doesn't stop there. Are you buying the trucks and if so then the question becomes how old they are what kind of shape they're in and what do his maintenance records look like. Does he fix them when they're broke or does he fix them when they quit running? How much is still owed on them? The next question surrounds his payroll records. Are his quarterly's being submitted on time and in the correct amounts? What about turnover? Most G and HD routes have 3 drivers per truck. One coming,one driving and one leaving. Will drivers stay if you take over and how much will they want if you do? </p><p></p><p>You're sole purpose for being a XG contractor is to serve as X's pathway to cheap trucking and labor. You entire success will be based on two specific conditions. First your area is in a primarily population dense metro area with a modern transportation network in a favorable climate with high per capita incomes. Secondly you will need to be completely certain that there will always be somebody walking through that door physically able and psychologically willing to deliver top of the scale performance for bottom of the scale money and do it an a continuous daily basis for an extended period of time. A thorough investigation into these areas will give you a clear picture as to what you are actually get yourself into.</p><p>Yes, it's doable but far more challenging that you may think. BTW be prepared to spend at lot of your time in the truck.......or under it.</p></blockquote><p></p>
[QUOTE="bacha29, post: 3340539, member: 58386"] It doesn't stop there. Are you buying the trucks and if so then the question becomes how old they are what kind of shape they're in and what do his maintenance records look like. Does he fix them when they're broke or does he fix them when they quit running? How much is still owed on them? The next question surrounds his payroll records. Are his quarterly's being submitted on time and in the correct amounts? What about turnover? Most G and HD routes have 3 drivers per truck. One coming,one driving and one leaving. Will drivers stay if you take over and how much will they want if you do? You're sole purpose for being a XG contractor is to serve as X's pathway to cheap trucking and labor. You entire success will be based on two specific conditions. First your area is in a primarily population dense metro area with a modern transportation network in a favorable climate with high per capita incomes. Secondly you will need to be completely certain that there will always be somebody walking through that door physically able and psychologically willing to deliver top of the scale performance for bottom of the scale money and do it an a continuous daily basis for an extended period of time. A thorough investigation into these areas will give you a clear picture as to what you are actually get yourself into. Yes, it's doable but far more challenging that you may think. BTW be prepared to spend at lot of your time in the truck.......or under it. [/QUOTE]
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