DJBTrucking LLC | Application Preview
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General Information
Business Registration Number: 853066328
Location: Thomson, GA, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
- truck maintenance : $3,000 - insurance : $5,000 - equipment for the driver : $2,000 - unknown government fees to be in compliance or good standing : $5,000 - miscellaneous expenses : $5,000 - 1 new (used) trucks : $25,000 - 2 new (used) trailers : $20k per trailer
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Business Plan
We currently have one truck operating daily with two other drivers on standby. Our projected expansion ratio would be 1 driver : 1 truck : 2 trailers per quarter. When it comes to expanding our trucking entourage, we will primarily focus on the subsequent. First, load optimization of current assets. The question at hand is “how can we maximize our profits while minimizing our expenses, especially fuel cost, with every truck that we have?” Second, utilize trucks with different hauls than what we are currently doing. Expanding hauls across multiple states will expand our hiring range for those who would like to be over the road. Furthermore, no one on the team has formal education in accounting, taxes, law, or mechanics. With that being said, the end goal for the next five years is to scale exponentially by adding the aforementioned while simultaneously onboarding personnel with expertise in accounting, taxes, law, & mechanics. With this expansion plan for the foreseeable five years, we would need adequate personnel to oversee the numerous pieces along with the equipment. We are a young, vibrant team with experienced drivers (35+ years) as partners. Our ultimate goal is to construct a transportation empire with robust principles of safety, autonomy, trust, & advantageous benefits, especially pay rate. As we seek to expand, we will need drivers, equipment, & experts in accounting, taxes, law, & mechanics.
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Self Identified Competition
- Knight-Swift Transportation - J.B. Hunt Transport Services Inc. - Schneider National The trucking industry is considered to have an elevated driver turnover ratio. Most companies’ end goal is profit with no interest in holistically developing a driver. One way we are different is because of our founding principles of safety, privacy, relationship capital, & beneficial pay rates. Furthermore, the safety of our drivers & equipment are our utmost priority! We don’t micromanage - allow drivers to have full autonomy of their driving schedule, routes, tools, & more. As employers, we embody Steven Covey’s quote that states, “First seek to understand, then be understood.” With that being said, we get to know our employees & their families such that we can build long-term relationships, be trustworthy & dependable. To continue with our values, we don’t believe in inadequate pay! We believe in paying our employees over & beyond including compensation for non-workdays, holidays, family emergencies, & more.
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