Despite the title, it can actually be quite difficult to determine the start up costs that are associated with starting your own trucking business. There are so many factors that vary state to state, including licensing regulations and insurance rates. Potential revenue varies widely too, depending on your location. Before getting too much further in the process you may want to look online at the available local loads for trucks to see what things look like in your area. Generally speaking, however, the trucking business is pretty stable right now and can be incredibly profitable.

Fixed Costs

Fixed costs are costs that are regular business operating costs that are incurred on a monthly basis. Some of these expenses will include monthly truck payments, insurance premiums and payroll. There are also annual fixed costs for things such as permits, licenses and vehicle registration fees.

Variable Costs

Variable costs are non-standard costs … Read more