Startup Expenses For Commercial Trucking

Commercial truck driving, for those who enjoy the open road and the opportunity to control their own careers, offers a wealth of opportunities. Having acquired training and experience as a driver under the orders of a commercial trucking company, you may already have discovered some success as an independent owner-operator and are now seriously considering launching your own small trucking fleet. There are many different decisions that must be made and factors that must be carefully evaluated before taking such a significant entrepreneurial step and the failure to adequately prepare for and assess the situation can doom a new venture before it even really begins.

As an independent owner-operator, in some ways you have no doubt experienced a greater degree of freedom than you had while in the employment of another. But you also likely lacked the resources and abilities that accompany a slightly larger and more established company. This leaves you especially vulnerable to the financial disruptions that arise when a client delays or refuses payment altogether, despite your successful completion of a delivery pursuant to the terms of your established agreement. These monetary challenges can leave you without access to the resources that you need to invest in a new trucking company. Freight factoring might offer a solution to this problem.

Costs to Anticipate

With any new business, there are apt to be a wide variety of expenses that a small business owner must be willing to submit to and be able to withstand before any revenues will be generated, regardless of the brilliance of an idea. A commercial trucking company is no different, and the startup costs that you must be prepared to contend with may include:

  • New vehicle purchases
  • Training expenses
  • Benefits for employees
  • Obtaining appropriate insurance, licensure, and authorizations
  • Marketing and dedicating the necessary time to expanding your client list
  • Purchase of a property for vehicle storage

For Help with Unpaid Freight Bills

We understand that you have big dreams and we want to help you to make them a reality. Contact the freight factoring professionals of TBS Factoring Service, LLC.

Hiring a Motorhome – 5 Things to Consider When Choosing a Vehicle

Motorhome hire is increasingly popular with British holidaymakers and in the summer of 2010 record numbers are expected to hire a motorhome. Deciding which one to opt for can be a bit of a minefield, but if you take the time to consider the following simple points the task of selecting the right vehicle need not be such a headache.

1. How many people have to sleep in the motorhome?

With motorhomes ranging in capacity from sleeping two at the small end to up to 10 in the very largest vehicles, your first consideration will be how big a motorhome you need for the job in hand. If you’re a couple wanting to escape to the countryside for a week, look for motorhomes advertised as ‘2-berth’. For larger groups, look for multiple berths. But bear in mind that ‘6-berth’ might not mean you can accommodate 6 large adults very comfortably. For greater space, comfort and luxury, you should tend towards a larger model, e.g. if there’s four of you, consider hiring a 6-berth motorhome.

2. What sort of terrain will you drive the motorhome on?

Most motorhomes are sturdy and built for long-distance driving and if you rarely plan to stray from tarmac, then any model will suffice. However, study your itinerary carefully and research the likely terrain before you book your motorhome. If you’re planning to go off-road, or will need to drive on dirt roads, mud tracks or rocky lanes at any point in the journey, you’ll need to budget for a 4X4 motorhome or one specially adapted for off-road terrain.

3. Are you legally qualified to drive a motorhome?

Anyone who passed their driving test before 1 January 1997 has a C1 entitlement and is automatically qualified to drive a motorhome up to 7.5 tonnes in weight. Those who got their license after that date have B1 status and can only drive motorhomes up to a maximum of 3.5 tonnes. Check your license status before putting the ink on any motorhome hire agreement.

4. What kind of mileage can you expect from a motorhome?

Modern motorhomes are built for long distances and typically use efficient diesel engines, but fuel consumption obviously depends on how large the vehicle is and how much weight it is expected to bear. As a general guideline, a typical 2-berth offers around 35 miles to the gallon, a medium-sized model offers between 20-30mpg, while the large US-built ‘RVs’ may only manage 10mpg. Look out for LPG-conversion, which can slash fuel costs by up to half.

5. Take your time!

As with any holiday plan, it is really worth taking the time to research motorhomes extensively before you opt to hire one. The trick is to choose the right model for your budget and your intended use. Whereas a VW Camper might appeal to the hippie in you, it might not be the most practical solution for accommodating a family. Do your research carefully and pick a motorhome that ticks all the boxes.

Auto Repair Guides

Auto repair guides explain the maintenance, repair, and cleaning of automotive supplies. These are guides meant for home users as well as professionals. Nowadays, these are available in electronic versions, and there are many software packages available to diagnose and fix automotive problems.

Major companies in this industry such as Ford, Mercedes, Chevrolet, and Volkswagen provide electronic auto repair guides so that even amateur users can learn a lot about auto repair. Auto repair guides usually tell you how repairs are done on all major parts of an automobile including the brake system, cooling system, electrical system, engine system, A/C-heat system, body and exterior, exhaust system, fuel system, steering and suspension system, and drive train.

A number of good online auto repair guides are provided free on selected websites. These sites provide useful articles and FAQs that enable you to learn the techniques of auto repair step by step.

Lots of auto repair guides tell you how to do simple auto repair jobs at home.

They also help you find quality used auto parts. Lots of auto repair guides also give you advice on auto repair shops in major cities. Auto repair guides also provide information on auto insurance, car rentals, driving schools and car washes. They help you learn more about automotive maintenance, car accessories and car audio systems.

At the most basic level, general auto repair guides walk you through some of the most basic maintenance and repair processes that are common to all vehicles. If you are new to auto repair, these may help you a lot. Auto repair guides also tell you how to choose a repair shop and how to choose a technician. They provide you with an idea about repair charges and preventive maintenance too. You can learn a lot about protecting your auto repair investment from these guides.

Caravan Insurers Offer Some Great Deals

Caravan insurers offer some great deals which mean that those looking for insurance for their Caravan can save on the premiums and also get insurance that is right for them. The type of Caravan insurance you need would depend on what you plan to do with your Caravan. If you are travelling around in your Caravan then you will need different features of Caravan insurance to someone whose Caravan is static and perhaps rented out to holiday makers.

First let’s take a look at the features of insurance that Caravan insurers offer those who aim to travel around enjoying their tourer Caravan. One of the main features that someone who wishes to travel outside of the UK should consider in a policy is European cover. If you are going to be travelling for many months out of the year around Europe then take at look in the small print to find out if there is a limit as to the amount of time you can spend in Europe. Some providers will state so many days while with others there might not be a limit. European cover should be considered essential as if you were to break down in Europe and have no cover all the expenses for towing, repairing and any hotel accommodation would come out of your own pocket.

The majority of Caravan insurance would payout for you to stay in a hotel if your Caravan was unliveable. However the insurance company would normally state so many days or up to a certain amount so this is one of the many things you have to check out in the small print of the cover before taking it out.

If you have a static Caravan and rent out then you would have to check out insurance that would payout for a loss of rental income. If your Caravan was damaged and had to be towed for major repair then you could lose out on rental income for some time while the Caravan was being repaired and this could add up to a considerable sum. If the insurance policy covered this you would not have to stand to this loss.

All Caravan insurance should feature protection for personal belongings and fittings and fixtures in the Caravan. If renting out this is essential as renters could damage or break items which would need repairing or replacing. These costs would otherwise have to come out of your own pocket. If you are living and travelling around in the Caravan then your personal belongings would have to be covered. Check the small print offered by Caravan insurers as the limits on the amount you could claim or these can differ greatly. You would also have to check to find out what exclusions there were in the cover as certain items might not be protected under the standard policy. Also check to see if items such as steps, awnings and gas bottles were protected in the policy. They usually are but again there could be limits as to the amount you would be able to claim for them.