Start a truck company for passive income

Are you looking for a way to make passive income? If you’re the type of person who likes to work hard and play hard, then you should consider starting a truck company.  You can literally start a truck company for passive income and hire a company to manage the day-to-day operation,  it’s really easy to […]

how to start a trucking company

Are you looking for a way to make passive income?

If you’re the type of person who likes to work hard and play hard, then you should consider starting a truck company.  You can literally start a truck company for passive income and hire a company to manage the day-to-day operation,  it’s really easy to get started, and once you do, you can put in as much or as little time as you want.  Here are some benefits of starting a truck company:

Benefit #1: You’ll be able to make money while doing something you love. You can drive, or you can hire competent truck drivers. Driving trucks is one of the most fun jobs out there! You’ll get to travel all over the country and see new places every day, plus enjoy the camaraderie that comes from working with other drivers.

Benefit #2: You can pick your own hours. When it comes down to it, this is one of the most important benefits of starting a truck company because no one else will be telling YOU when YOU have to work—so why not work when YOU want? If you are a passive investor, you management company will be managing all day-to-day tasks.  If you are an active investor, you will be overseeing the operation yourself from your phone or computer.

Benefit#3: It’s easy to start! All it takes is fling some state/federal paperwork, some basic equipment (truck, trailer) and some money. 

 

become a passive truck investor

Starting a truck company for passive income, sounds easy, because it is. The best part is that you don’t have to do much work once your business gets going. If you hire my company as a consultant, we do all the set up for you. There are many benefits to starting your own truck company, including:

– You can make money while you sleep because you don’t have to be at the office all day long.

– You get to choose which clients you want to work with and what type of projects they need help with.

– You can work from home if you want or work at an office if that’s what suits you best!

If you’re thinking about starting a truck company, we’ll tell you exactly why it’s a good idea.

First of all, having your own truck company means that you have the power to control your own financial destiny. If you are doing this for passive income, you management company will interact with the brokers, generate the loads, manage your driver and your truck equipment for a daily or weekly fee. You can check around, most management companies charge you anywhere from 15-25% of the weekly gross that your truck unit generates. So, if your truck (trailer) unit generates $8,000 weekly gross, then you may net out to $1500-3000 at the end of the week after all expenses (insurance, fuel, driver pay, etc).

Second of all, the benefits of having your own business are incredible: You’ll be able to set up a retirement account and plan for the future in ways that may not be possible otherwise. You’ll also be able to put money away for emergencies or unexpected expenses without worrying about paying taxes on it first!

Finally, owning a trucking business is a great way to start making passive income—money that comes in regularly without any effort on your part! This means that even if you decide not to work at all anymore (or just take some vacation time), you’ll still have an income coming in each month from all your hard work before this point!

start a truck company for passive income

Have you ever dreamed of owning your own business?

Well, starting a truck company could be the perfect way to make that dream a reality. It can be an incredibly profitable venture, and it’s also surprisingly easy to get started.

But what does it take to run a successful trucking company? What are the benefits of owning your own trucking business? And how much money can you really make?

Let’s start with the basics: what is a trucking company? A trucking company is essentially just a business that owns trucks and transports goods from one place to another. Trucking companies usually specialize in moving certain types of products or materials; for example, if you want to start a trucking company that transports food items, or if you want to focus on transporting construction materials from one place to another

Trucking companies can specialize in just about anything—you name it! From furniture moving companies to medical supply transport services, there are countless options available when it comes time for you to choose what type of business you’d like to start.

But why should I start a truck company? Well first off because it’s an essential business. Remember during the COVID-19 Pandemic, businesses shut down, but trucks kept rolling. They had still had to deliver food and other goods to stores and warehouses. But also because there are many benefits associated with owning your own truck company, as detailed in this article.

If you’re looking for a way to generate passive income, starting a truck company might be the answer. Not only will you be able to make money from your own business, but you’ll also have the freedom to work when and where you want.

You will have to have access to cash of course, when starting a truck company. Assuming you start with just a used semi-truck, you can expect to spend $60-90K on a truck in good road condition. You can even start small with one or two trucks, and grow your fleet over time as your business grows. Another important money issue, is to have an escrow account ($5-7K) or line of credit set aside for  scheduled maintenance, truck breakdowns and other emergencies.

As a Passive investor, you can earn an ROI or 50-60% or more depending on your truck equipment, personnel,  and types of loads. If you are looking to become a passive investor in the truck business, contact me for further discussion. My consultant company provides Active and Passive truck management for investors no matter where you live.