I'm a new o/o. I just paid my truck off and now I'm trying to find out what more I may need. Any suggestions?

716592

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488510 发表于 2019-06-12 03:11:34 Think twice about running on your own. The economy is very good right now but it will not stay this way. Don't take all the risk. Lease on to a good carrier and save yourself a future of bs. Remember, misery loves company and nobody on here is going to tell you all about the downsides and negatives

","text":"this is true but the question is are you a sheep or a wolf ?","replyToPid":64499}

716592

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652211 发表于 2019-06-12 02:21:46 Or would it be better if I leased on to someone?

","text":"it's a long process and will take at least a month to set up.  truth is a lot of people are not cut out to be business owners but rather are just company yes men.  for me it's great having my authority and wouldn't have it any other way.  dont take no crap from anyone.","replyToPid":64442}

634166

{"replyToPid":0,"replyTo":"","text":"So, I am pretty well equipped to tell you all you need since after running under someone else’s authority for 6 yrs, my husband & I got our own, had it for 1.5 years now. Problem is the real list is really long. You can google what you need to do, but that will be just to physically get it, then there is a whole slew of stuff you have to do to be compliant and maintain it. My husband is doing the majority and he could easily make it a full time job. Should get easier with time, the 1st year is pretty stressful though. Don’t listen to anyone who tries to tell you otherwise. We are doing it right and that is what it takes. Otherwise you are at risk of being fined and ultimately shut down. Had a friend who just started his this year, and because he failed to understand the ins and outs of filing his IFTA already had to pay a couple thousand dollar fine. There is a reason why there is an entire side of this industry that does nothing but keep you in compliance, for a fee. Then there is the booking your own loads, and if you’ve never done it? Well there’s another reason why so many new companies fail. So I’m not trying to totally talk you out of it, but just trying to lay out the reality so you don’t get in over your head."}

634166

{"replyTo":"","text":"So I’m not trying to totally talk you out of it, but just trying to lay out the reality so you don’t get in over your head.","replyToPid":0}

634166

{"replyTo":"","text":"The freedom is great, but there is a lot of added work too. Do you have anyone to help you, like a spouse?","replyToPid":0}

652211

{"replyTo":"","text":"yes, I'm married and my wife will help me as much as she can.","replyToPid":0}

652211

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634166 发表于 2019-06-12 04:58:39 So, I am pretty well equipped to tell you all you need since after running under someone else’s authority for 6 yrs, my husband & I got our own, had it for 1.5 years now. Problem is the real list is really long. You can google what you need to do, but that will be just to physically get it, then there is a whole slew of stuff you have to do to be compliant and maintain it. My husband is doing the majority and he could easily make it a full time job. Should get easier with time, the 1st year is pretty stressful though. Don’t listen to anyone who tries to tell you otherwise. We are doing it right and that is what it takes. Otherwise you are at risk of being fined and ultimately shut down. Had a friend who just started his this year, and because he failed to understand the ins and outs of filing his IFTA already had to pay a couple thousand dollar fine. There is a reason why there is an entire side of this industry that does nothing but keep you in compliance, for a fee. Then there is the booking your own loads, and if you’ve never done it? Well there’s another reason why so many new companies fail. So I’m not trying to totally talk you out of it, but just trying to lay out the reality so you don’t get in over your head.

","text":"Thanks.  That really helps me a lot! It's hard to find someone who will or even wants to talk to me about it more than just a quick reply.  Thanks again!","replyToPid":64575}

652211

{"replyToPid":64586,"replyTo":"

634166 发表于 2019-06-12 05:03:47 The freedom is great, but there is a lot of added work too. Do you have anyone to help you, like a spouse?

","text":"I'm looking at maybe leasing on to a company close to home that has local, regional,  & otr loads, but I don't know what else I need to do besides just have my title in hand. That's more like what I need to know before hand so that I don't get screwed."}

634166

{"replyTo":"","text":"Ok, well that is probably a better way to start. To lease on with someone you don’t need your own authority, you’ll be under theirs. It will depend on the company wether you need a trailer. Many, especially larger companies have you use theirs. If a particular outfit doesn’t then you’ll have to get one. Either buy or you can rent. If you have the credit to buy then I support it because the rental will cost as much or more than a payment on a new one. Really you just need to get the particulars from each company. What is the pay, percent or per mile, plus any accessorial. What expenses are you responsible for (fuel, trailer insurance, etc) That can make a big difference. ","replyToPid":0}

652211

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634166 发表于 2019-06-13 00:36:59 Ok, well that is probably a better way to start. To lease on with someone you don’t need your own authority, you’ll be under theirs. It will depend on the company wether you need a trailer. Many, especially larger companies have you use theirs. If a particular outfit doesn’t then you’ll have to get one. Either buy or you can rent. If you have the credit to buy then I support it because the rental will cost as much or more than a payment on a new one. Really you just need to get the particulars from each company. What is the pay, percent or per mile, plus any accessorial. What expenses are you responsible for (fuel, trailer insurance, etc) That can make a big difference.

","text":"Cool,  thanks for the advice!","replyToPid":65938}