I want to do truck business .Shall I go contract agreement with the driver to run my truck .Which is the correct way of doing business .Pls help me.
From India
From India
Dear Member.
Welcome to the Forum.
Before entering in any new business one must know about where about,basic concepts,profits,risk factor ,financial condition and team realization.
If you are having your own truck without any loan or liability of bank, you can try any where, but if you have your vehicle is on loan where particular fixed EMI has to be made to the bank then i will say try to make tie up with big companies where you can rent your vehicle for there usage, Such companies pay a good amount and risk factors are mostly low in such deals.
In such cases the will go for written agreement ,days,pay outs, risk factors etc, driver and his assistant will be yours only, they will take care of vehicle and as per agreement payouts will be refunded to you against your invoice or demand.
As you have not discussed how many trucks you have, liabilities,experience etc hence i cant suggest more.
Also mention you are having your firm/company or legal status of organisation.
Feel free to contact us if any questions arises.
Regards.
Manish Srivastava
Correct Certification
+91- 96707- 66 888
From India, Lucknow
65Welcome to the Forum.
Before entering in any new business one must know about where about,basic concepts,profits,risk factor ,financial condition and team realization.
If you are having your own truck without any loan or liability of bank, you can try any where, but if you have your vehicle is on loan where particular fixed EMI has to be made to the bank then i will say try to make tie up with big companies where you can rent your vehicle for there usage, Such companies pay a good amount and risk factors are mostly low in such deals.
In such cases the will go for written agreement ,days,pay outs, risk factors etc, driver and his assistant will be yours only, they will take care of vehicle and as per agreement payouts will be refunded to you against your invoice or demand.
As you have not discussed how many trucks you have, liabilities,experience etc hence i cant suggest more.
Also mention you are having your firm/company or legal status of organisation.
Feel free to contact us if any questions arises.
Regards.
Manish Srivastava
Correct Certification
+91- 96707- 66 888
From India, Lucknow
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