Mike
Well-Known Member
I am curious how many of you out there have calculated what it costs to operate your business.
Also, list the factors you include in your calculations. I am sure that there are some things that some drivers may be unintentionally leaving out, and by seeing what other people factor in, it will help everyone to get a better understanding of how to make this calculation more accurate.
For example, one thing I would factor in, even if I had no truck payment, is a truck payment. Basically, the estimated cost of a tractor, spec'd out the way I want one spec'd out, and divide the cost over the course of 60 months. This way, I have money going into my business account that is set aside for the purchase of a new truck every 5 years, without the need of paying interest to a finance company.
Also, list the factors you include in your calculations. I am sure that there are some things that some drivers may be unintentionally leaving out, and by seeing what other people factor in, it will help everyone to get a better understanding of how to make this calculation more accurate.
For example, one thing I would factor in, even if I had no truck payment, is a truck payment. Basically, the estimated cost of a tractor, spec'd out the way I want one spec'd out, and divide the cost over the course of 60 months. This way, I have money going into my business account that is set aside for the purchase of a new truck every 5 years, without the need of paying interest to a finance company.