Here is a Complete Guide to Hotshot Trucking Business. See notes below and start hot shot trucking today.

Understand the expenses:
$100K in expenses for equipment
- $70K For truck
- $30K for trailer
$12K a year in Insurance
$2K for ancillary expenses
TOTAL: $114K
BREAKDOWN MONTHLY:
$20,000 down for equipment - 5YR - monthly: $1,500
$1K a month Insurance
$2,500 a month fixed expense.

How much can we make:
$1.50 - $2 a mile - 550 Miles (1 day trip) = $825 - (25 cents/m) $137.50
$687 - wear and tear = $650 per trip profit.
4-5 loads a week = $3,250 trip profit a week for 5 trips
$13,000 a month trip profit
$13,000 - $2,500 fixed expense = $10,500 net profit
$126,000 a year net profit — $198,000 gross

Think about all the ways it won’t work:
Death by expenses. Truck breaks down, in shop, etc.
Failure to get good loads. Call around for different brokerages
Cash Reserves - Make you have money set aside.

Legal up
Get an LLC
Get a DOT Number by going to the FMCSA: www.fmcsa.dot.gov
Buy insurance www.wexfordins.com/trucking-insurance-indianapolis
Commit and start today.
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