Drivers are true experts in the field of haulage work. This expertise has led many to become owners of their rigs, but is it right for you?
It is true that truck drivers have a fair amount of time on their hands to think. As for anyone who has this luxury, thoughts and dreams of riches, success and ownership are frequent topics from the brain waves. Haulage work is hard, sometimes mundane and frequently frustrating. For seasoned drivers, who ultimately become haulage and road experts fairly quickly, it is not a massive leap of imagination to desire greater autonomy and more lucrative outcomes. However, before you head off to the ‘truck shop’ for a shiny new 18 wheeler, there are quite a few details to be planned out in advance.
A Sound Investment
Once you have been an employee driver for a few years most drivers become quite knowledgeable about haulage work, the industry, and the future towards which it is heading. Some feel settled with this knowledge whereas others see opportunity. The dream looks like a world where you design your own destiny, schedule, work conditions, and ultimately tap in to the more lucrative side of the job. Being an entrepreneur also provides the opportunity to do it ‘your way’. There can be great pride in seeing the fruits of your labour pay off while watching your business earn respect amongst fellow industry leaders. What you need to truly become a ‘player’ in the field of haulage work is patience, collateral, a detailed plan, and quite a bit more patience.
Money, Money, Money
As with any small business venture money will open the doors you need. HGV, or even van ownership, requires a huge amount of up front expenses as well as careful financial planning for the initial set-up months. This endeavour needs to be plotted carefully and with great detail. Each step towards owning and establishing yourself as a small-business owner will require fees, deposits, licenses, and that is all generally before you even attempt to purchase the vehicle.
The Tip of The Iceberg
In summary, the first steps towards becoming an owner-operator look like this:
A Worthwhile Headache?
As with most small business enterprises a crystal ball would be invaluable! However, with proper and meticulous planning, becoming an owner-operator can be an extremely lucrative venture. After the initial set-up costs and teething pains most owner-operators’ only complaint is not being able to keep up with growth of their new business. Haulage work is still a growing industry with room for individual sub-contractors and larger fleet companies alike. It will require patience and flexibility, as well as keeping a finger on the pulse of the ever-changing government regulations. However, if you can handle the initial headache, the payoff in the end will be just the soothing balm you need.
Ski Touring Valley Style: A Winter Adventure in Chamonix
Discover the exhilarating world of ski touring in Chamonix, where the majestic Mont Blanc Massif offers more than just traditional skiing. This winter, elevate your ski holiday by exploring breathtaking routes, guided by experts, and immerse yourself in the untouched beauty of the Alps.Keep in Shape While You Travel
Believe it or not, it is possible to return from your travels fitter than when you left and avoid the post-holiday diet. Find out how.Cruise Back in Time into the Heart of Dutch History at Zaanse Schans
Explore the enchanting Zaanse Schans, a captivating 'living museum' in the Netherlands, offering a vivid glimpse into Dutch rural life during the industrial revolution. This unique destination, accessible via European river cruises, showcases traditional windmills, workshops, and houses preserved from the 18th and 19th centuries.