Jumzzy28:

my husband has a MACK TRUCK to sell,u can reach him on 08037148246

uwish: hi,

For your interest, I hereby attached Excepted Income and Expenditure Analysis and Distribution, which shows you how viable and profitable haulage business is in Nigeria.

ANALYSIS AND DISTRIBUTION INCOME AND EXPENDITURE (INTER STATE)
Let me give you a little Income and Expenditure Analysis and distribution on haulage services that show the interesting and the width of the market; hence demand for the services is always consistent.
As many companies, individuals, agencies, amongst others as possible are the list users of haulage business. Even in the manufacturing countries, haulage business cannot be overlook not to talk of a consuming country like Nigeria, the importance of haulage business cannot be over emphasis.

As a business opportunity, anyone that is willing can invest with ease.

N.B: However, haulage service is a good enterprise. Good management is necessary to ensure its survival and profitability

THE INCOME
The rate of return on your investment and also based on the turn-around time of the truck. Because of the constraints such as traffic congestion on the road, mechanical faults, etc, one could experience a little hiccup. But with proper management, the haulage service is a high yielding investment enterprise.

For a trip to Abuja as example,
The trucker is paid *                                             N250,000.00
EXPENDITURE: Less
The running of the trip has a cost of fuel (750 x N160) ** = N120,000.00
Driver/conductor Allowance *** =                 N20,000.00
Unforeseen contingency Allowance**** =         N5,000.00                     N145,000.00
Therefore the projected profit per trip is                             N105,000.00

Mathematically,
N105,000 per trip (At least three(3) trips per 2 weeks)
N105,000 x 3 x 2 =                                      N630,000.00
Less: Driver Salary ***** = N30,000.00
                Conductor Salary =         N10,000.00
******Servicing (Depending on the vehicle) = N30,000 .00       N70,000.00[b]
Expected monthly income =                               N560,000.00[/b]

How to distribute the expected income
If you are an investor and manager at the same time, keep three hundred thousand naira (N300,000.00) for your investment, One hundred thousand naira(N100,000.00)  for your self, One Hundred thousand Naira(N100,000.00)  for the jobless period and Sixty Thousand Naira(N50,000.00)  for the truck in case of any unforeseen problem
Investor                 N300,000.00
Manager                 N100,000.00
Jobless period         N100,000.00
Unforeseen Problem N 50,000.00 N550,000.00

But if you are just a manager, do not enter an agreement beyond Three hundred thousand Naira (if possible lower) no matter the pressure on you; do not bargain for what you can not meet.  Then follow this way of income distribution as above.

NB:
(*) --- This does not mean cost payment for Abuja trip, it depends on your negotiating power. You can bargain for more especially at the peak period, but it can be lower at the rainy season or when the season is off peak.
(**) --- The cost of diesel varies and the litre consume depend on the type of truck and its level especially the state of the injector.
(***) --- The allowance is given to them in order to encourage them go as many trips as possible, because profit depends on the number of turn out. Another method you can use is to place them on 10% of the trip charges and you only give them any amount as salary at the end of the month.
(****) --- This allowance too is given to the driver so that he would not tamper with diesel money, because if he refuses to buy fuel it will quickly affect the injector and worn out the engine.
(*****) --- Salary is given so that at the end of the month, the driver/conductor still have something to take home, because they would squander their allowance while travelling.
(******) --- The cost of servicing depends on the truck and its condition of the engine with the availability of the servicing part.
This analysis is for inter state business of flatbed truck

ANALYSIS AND DISTRIBUTION INCOME AND EXPENDITURE (LOCAL)
For a trip to Ikeja as example,
The trucker is paid*                                                          N60,000.00
EXPENDITURE: Less
The running of the trip has a cost of fuel (75 x N160) ** = N12,000.00
Driver/conductor Allowance *** =                 N8,000.00
Unforeseen contingency Allowance**** =         N2,000.00                          N22,000.00
Therefore the projected profit per trip is                                          N38,000.00

Mathematically,
N38,000 per trip (At least three(3) trips per 2 weeks)
N38,000 x 3 x 4 =                                                                           N456,000.00
Less: Driver Salary ***** =         N20,000.00
                Conductor Salary =                 N6,000.00
******Servicing (Depending on the vehicle) = N30,000 .00                                           N56,000.00
[b]Expected monthly income =                                                           N400,000.00[/b]

How to distribute the expected income
If you are an investor and manager at the same time, keep two hundred and twenty thousand naira (N220,000.00) for your investment, Eighty thousand naira(N80,000.00) for your self, One Hundred thousand Naira(N100,000.00)  for the jobless period and Sixty Thousand Naira(N50,000.00)  for the truck in case of any unforeseen problem
Investor                N220,000.00
Manager                N80,000.00
Jobless period        N50,000.00
Unforeseen Problem        N 50,000.00 N400,000.00


NB:
(*) --- This does not mean cost payment for Abuja trip, it depends on your negotiating power. You can bargain for more especially at the peak period, but it can be lower at the rainy season or when the season is off peak.
(**) --- The cost of diesel varies and the litre consume depend on the type of truck and its level especially the state of the injector.
(***) --- The allowance is given to them in order to encourage them go as many trips as possible, because profit depends on the number of turn out. Another method you can use is to place them on 10% of the trip charges and you only give them any amount as salary at the end of the month.
(****) --- This allowance too is given to the driver so that he would not tamper with diesel money, because if he refuses to buy fuel it will quickly affect the injector and worn out the engine.
(*****) --- Salary is given so that at the end of the month, the driver/conductor still have something to take home, because they would squander their allowance while travelling.
(******) --- The cost of servicing depends on the truck and its condition of the engine with the availability of the servicing part.
This analysis is for inter state business of flatbed truck

But if you are just a manager, do not enter an agreement beyond Two hundred and twenty thousand Naira (if possible lower) no matter the pressure on you; do not bargain for what you can not meet.  Then follow this way of income distribution as above.

[center]
What else you need to take note of is the number of job you get per week in a month, determine your profit.  So you must strife hard to be getting jobs OFTEN.[/center]

[center]BE WARN THAT THE ANALYSIS ABOVE IS NOT AUTHOMATIC, THERE ARE OTHER CONTRIBUTING FACTORS THAT WE WILL DISCUSS LATER[/center]


After this, the next we shall be talking about is Income Generation, that is how to get job in order to actualize the calculated Income.

For more info send your email to: haulagino@gmail.com or 08121711644