Benefits of Buying a Route Truck
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The 7 Benefits of Buying a Truck Route
Anyone that lives in a populous city or town has seen delivery trucks driving to and from various destinations. Many of these are route trucks that are driven by independent contractors. The owners of these trucks stay constantly busy delivering products to shops and stores, or delivering private letters and packages to businesses and individuals. Driving an exclusive truck route is much different than being hired by a company as a driver. Truck routes are attractive because they come with several benefits that can make them highly sought after opportunities.
Be Your Own Boss
There are lots of people that are attracted to truck routes for the simple reason as it is a great chance to be your own boss. Not everyone enjoys being under the thumb of a manager that makes decisions beyond their control. Some are looking to get away from a boring or stressful job that they dislike.
Taking ownership of a truck route is for people that want to earn a living as an independent business owner. Driving a truck is also great for those that enjoy driving and do not mind daily traffic. There is no time clock to punch or nosy coworkers.
Route driving does involve taking on the responsibility of making deliveries on time and according to customer schedules. There is a sense of freedom involved for people that enjoy this type of job.
Keep in mind that the route truck owner is responsible for gas, truck maintenance and keeping truck insurance current. It is very important to maintain truck insurance to have full protection from liabilities while on the road.
Investment In Your Future
Purchasing a route truck is a serious decision that requires some research and careful thought. A single route can provide financial security for many years to come. This is why it is an investment and not just a change of job. Things to consider are type of product being delivered, route location, route longevity and route earnings potential. All these things are important to making a successful purchase.
Distribute Popular Products
Most truck routes are partnering with well-established brands that people buy each day. Being associated with popular brand name products and services is a huge advantage. These are successful companies that spend tons of money advertising and marketing the products being delivered. This means that route truck drivers are always going to be needed to restock those shelves with fresh product when they get empty.
Some routes involve delivering express letters and packages. Here again, the company is an established brand with wide public recognition. There are always customers sending and receiving packages.
Exclusive Territory
Buying a route means buying the exclusive rights to drive a specific route to deliver specific products. No one else is allowed to encroach on this territory. While this comes with huge responsibility to make sure deliveries are made in a satisfactory manner, it also provides protection from competition. Route owners can relax knowing they are the only one allowed to service customers along their route.
Earn Great Money
Gaining ownership of a truck route requires an initial large investment of money. Some routes may be financed. After all upfront costs have been paid, there is nothing put pure profit to be made after normal expenses are deducted. These routes are quite lucrative and create a comfortable lifestyle for owners.
Expand the Business
Once a route truck owner has experienced success they may decide to invest in a second, or even third route. This is where being independent really pays off. Successful drivers with good time management skills can increase their earnings significantly by adding on additional routes.
Hire Helpers
Some delivery routes can be quite demanding. Drivers may want to relieve stress by hiring an assistant to help with deliveries. Helpers can be hired as independent contractors that work part-time for whatever rate the route driver sets.
Buying a route truck can be a life changing experience. Taking ownership of a delivery route requires a desire to work independently and handle lots of responsibility. Being a person that enjoys driving is also a plus. Route owners should get quality route tuck insurance for their vehicle to preserve their lucrative investment.