- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 3/28/17 at 3:35 pm to PapaPogey
You might want to start by fleshing out a solid business plan with clearcut objectives and milestones.
Posted on 3/28/17 at 3:40 pm to cubsfan5150
Close to 150k registered members. I'm sure there are a few that can offer a few words of wisdom
Posted on 3/28/17 at 3:49 pm to jefforize
quote:
form an LLC so when you get sued, they cant touch your personal assets
You need to have a multiple member LLC to protect you. If you're a single member LLC the courts may let the LLC shield be penetrated and you will loose your protection.
Posted on 3/28/17 at 3:51 pm to PapaPogey
Just know you're going to have a lot of competition, the OT is full threads of guys wanting to start hauler companies.
Posted on 3/28/17 at 3:54 pm to PapaPogey
Buy in bulk
Posted on 3/28/17 at 4:02 pm to PapaPogey
Read The E-Myth before you get started. My wife and I read a lot of books before starting our business, and this one had more useful information than any of the others.
Second best book was The Success Principles.
Second best book was The Success Principles.
Posted on 3/28/17 at 4:04 pm to PapaPogey
quote:
What are the key steps in starting your own business?
Step 1 is definitely steal underpants.
Posted on 3/28/17 at 4:07 pm to PapaPogey
my dad got out of the business 30 years ago and decided to become a 3PL instead. He owned tons of trucks and trailers. It took one wreck that shut down the interstate in Bama on labor day weekend and 10 year lawsuit for him to sell all the trucks and trailers and go into 3PL
With today's industry and regulations and insurance prices, its a uphill battle
I would love to start my own trucking company as well
With today's industry and regulations and insurance prices, its a uphill battle
I would love to start my own trucking company as well
This post was edited on 3/28/17 at 4:10 pm
Posted on 3/28/17 at 4:27 pm to PapaPogey
1) Have a thourough business plan and exit strategy before you open your doors
2) Be prepared to work 24/7
3) Manage your cash flow as efficiently as possible
This line sums up starting a business: "Just because Bob is the best bicycle builder in town doesn't mean he should run a bicycle business."
If you haven't done so, take a few accounting courses.
2) Be prepared to work 24/7
3) Manage your cash flow as efficiently as possible
This line sums up starting a business: "Just because Bob is the best bicycle builder in town doesn't mean he should run a bicycle business."
If you haven't done so, take a few accounting courses.
This post was edited on 3/28/17 at 4:29 pm
Posted on 3/28/17 at 4:28 pm to LSUvegasbombed
Do you do 3PL work now?
Posted on 3/28/17 at 4:29 pm to PapaPogey
yep! Pretty successful 3PL company actually.
Dad recently retired, older bro in charge.
Dad recently retired, older bro in charge.
Posted on 3/28/17 at 4:29 pm to LSUvegasbombed
in BR? interesting
Posted on 3/28/17 at 4:31 pm to PapaPogey
Home office is here. We dont do any loads in BR.
We have contracts with chemical companies all over the US
We have contracts with chemical companies all over the US
Posted on 3/28/17 at 4:32 pm to FloridaMike
I think we found the board's resident IRS Agent.
(Kidding - Good advice)
I had serious sticker shock the first time I had to pay self employment taxes, so the OP will want to consider that.
(Kidding - Good advice)
I had serious sticker shock the first time I had to pay self employment taxes, so the OP will want to consider that.
This post was edited on 3/28/17 at 4:34 pm
Posted on 3/28/17 at 5:07 pm to PapaPogey
You need to go the following:
Form your company, LLC is generally good. File w/ SOS
Get actax ID number
Get necessary licenses
Get necessary insurance lined up
Find a suitable location for your business
Find necessary employees especially to do your books.
Investigate the best way to keep your costs down without hurting service or performance.
Secure business through contacts, etc. Get on bid lists. Broadcast your new company via every means feasible. Let people in the business know you are on your own.
Good luck, be prepared to lose money initially, and hope your judgment is sound and you've made good decisions.
Form your company, LLC is generally good. File w/ SOS
Get actax ID number
Get necessary licenses
Get necessary insurance lined up
Find a suitable location for your business
Find necessary employees especially to do your books.
Investigate the best way to keep your costs down without hurting service or performance.
Secure business through contacts, etc. Get on bid lists. Broadcast your new company via every means feasible. Let people in the business know you are on your own.
Good luck, be prepared to lose money initially, and hope your judgment is sound and you've made good decisions.
Posted on 3/28/17 at 5:13 pm to PapaPogey
Lots of cocain for those late night cross country hauls.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News