Courier ‘Business Opportunity’ – owner-drivers only

I know that quite a few people seem to reach this page when they’re searching for freelance same day courier work etc. Please read this page if that’s what you were looking for.

Ah, so Earnings = Income – Fuel Cost? You’re providing the vans and the insurance yourself are you?

These “standard business expenses” which “should be part of ur business model” are paid for FROM YOUR GROSS TURNOVER.

There’s no way around: Profit = Turnover – Fuel – OTHER EXPENSES.

Your mindless assumption that standing costs will disappear just because they’re already included in someone’s business plan are laughable.

Without wishiing to get too personal, your obvious lack of mathematical and business skills demonstrate admirably why an owner-driver would be exceptionally foolish to allow you £7000 credit.

I’d agree to an extent that it’s easily possible to make ‘a wage’ running at those rates. I just don’t think I’d personally be happy putting all my eggs in one basket by relying on one small, recently formed business for all my work while at the same time supplying them with a line of credit that no bank would agree to without security.

To put it bluntly, it’s one thing working for TNT or DHL at those rates, it’s quite a different thing working for you, or working for us for that matter if we offered those payment terms.

Posted under Courier Basics, Courier Financial Issues

Posted by Alec at 9:30 am, July 4, 2008

2 Comments so far

  1. Alec added on  July 4th, 2008 at 09:40

    Is your van made of real silver then Matt? Standing costs of £375 per week seem a bit on the high side.

  2. Alec added on  July 4th, 2008 at 09:44

    If you’re including advertising in your standing cost then that has the potential to distort the cost quite considerably. I’d assume that owner-drivers operating at 85p/mile don’t tend to spend a lot on advertising though.

    You could put a new 4m Sprinter on the road for less than £200 per week, including maintenance, insurance, mobile etc without any problem at all.

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