Thanks for all your help, guys. I think we have a handle on it now. Here is what we have going on -
1. Bank of Mom for funding.
2. Truck and trailer being bought outright, no financing.
2a. If we go idle, our run rate per month will go almost to zero, since the bank is flexible on repayment. We will prepay most fixed expenses to make that happen.
3. Buying an older Peterbilt with a hopper trailer that have both been used to haul grain recently. Tractor setup with a big cummins motor, 13 speed and lockers. 700k miles. Also has a headache for eventual lowboy purchase. Not a make do truck, one that is ready to roll...
4. EIN and LLC done. After we get the truck we will go for licensing and authority (contract with corp requires authority) and insurance/etc.
5. After the truck paperwork is complete, we sign the grain hauling contract and start running. We are 80 miles from the grain depot at the river so we can make 3-4 runs per day, 5 day work week. Our business plan is to only haul for corporate clients from grain collection points to the river depot. No farmer grain hauling is planned at this time.
6. After we get going for a few months, we will buy a backup truck.
7. We are going to DOT license our 1 ton flatbed and get a 20K gooseneck trailer for hotshot runs if the grain hauling falls off for a month or two.
8. All principals in the LLC will get Class A licensing.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Trailering Your Tractor - by Curtis Von Fange. One of the fun things of summer and fall are the parades and tractor shows that go on across America. Many owners of tractors travel long distances to attend these shows and they usually take their restored iron along with them. Safe trailering practices and inspections will ensure that the event is a fun one. A good habit to develop when using a trailer is to give that �quick look over� before taking it on a trip. Before hooking up to it check the tongue for proper operation. The latche
... [Read Article]
Latest Ad:
1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
