Howdy, I'm Dan. I'm from mid-Michigan. I am considering buying a plow and subbing for a snow/salt/sweeper that lives down the road from me. I have tons of experience running heavy equipment, and two seasons running a 8'2" V plow (for wages), just filling in here and there when it really came down and somebody needed help.
So I know how to be fast and efficient, and I'm looking into putting an 8'2" boss on my 2500hd.
What kind of money should I ask for as an O/o in order to turn a profit, while accounting for the wear on the truck ie ball joints, steering gear, wheel bearings, etc. associated with plowing?
Thanks in advance! here's to hoping it actually snows this winter and we all get paid!
I am not sure what the rates are by you but 2 things to consider.. do you have the proper insurance and are you sure you are going to be paid in a timely manner
sometimes it is better to work for less and get paid quicker than waiting 30 or more days to get paid
ie: i can promise to pay you $100.00 an hour but what good is that if you don't get paid till june
Profits,what is that? As a owner/operator,you don't get paid for both. Also depends on what type of accounts your looking to get,Are you going to charge per plow or seasonal or have both.
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Howdy, I'm Dan. I'm from mid-Michigan. I am considering buying a plow and subbing for a snow/salt/sweeper that lives down the road from me. I have tons of experience running heavy equipment, and two seasons running a 8'2" V plow (for wages), just filling in here and there when it really came down and somebody needed help.
So I know how to be fast and efficient, and I'm looking into putting an 8'2" boss on my 2500hd.
What kind of money should I ask for as an O/o in order to turn a profit, while accounting for the wear on the truck ie ball joints, steering gear, wheel bearings, etc. associated with plowing?
Thanks in advance! here's to hoping it actually snows this winter and we all get paid!
There is a lot more that goes into it then wear and tear and parts. Just remember that you will have insurance. Not just auto insurance, but general liability, workmans comp and an umbrella. And then you need to make sure your insurance limits are high enough for the job or jobs you are bidding. If not, you will have to up your amounts and that will cost more $$$. Lots of time in billing and paperwork. You are not goi ng to be getting paid by the hour now, so call backs and or meeting with customers/clients will be on your time.
Just remember that no one can tell you how much to charge in order to turn a profit. Everyone is different. Everyone has different amounts of overhead and costs in their business. You need to dig into everything and see what you need to cover ALL of your costs and time, then add your profit. Its not an easy thing to figure out.
There is a lot more that goes into it then wear and tear and parts. Just remember that you will have insurance. Not just auto insurance, but general liability, workmans comp and an umbrella. And then you need to make sure your insurance limits are high enough for the job or jobs you are bidding. If not, you will have to up your amounts and that will cost more $$$. Lots of time in billing and paperwork. You are not goi ng to be getting paid by the hour now, so call backs and or meeting with customers/clients will be on your time.
Just remember that no one can tell you how much to charge in order to turn a profit. Everyone is different. Everyone has different amounts of overhead and costs in their business. You need to dig into everything and see what you need to cover ALL of your costs and time, then add your profit. Its not an easy thing to figure out.
I'd be working for a his business, so I'd be covered under his insurance right? With the exception of my auto coverage of course.
This guy basically needs more plow on the ground, so he can salt more lots. He will be managing everything, I just have to wake up and plow. I imagine he'll pay a set amount per plow for each lot, roughly dependent on how long it should take a competent truck operator to clear.
I'll say it again,his insurance is to protect him not you. You need your own insurance.
Ok man. Just making sure we're on the same page, didn't know if his businesses liability policy would cover his subs. Y'all know more about the business than I do that's why I'm asking.
Well are u being paid as a "sub contractor" or you an employee in his payroll? If i hired you in the same way he is, i would require you to have full insurance. Remember, insurance is there for when there is a problem. Nobody thinks they need it until its too late. If there is a claim, insurance companies will go after everyone connected to the job. They will pull anyone with any money into a lawsuit and make you fight them to get out of it.
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