If you are working as a company truck driver or even on your own, you’ve probably wondered about owner operator jobs. Maybe you’ve been curious about the benefits to being an owner operator and how you can make it happen. Here are five benefits to becoming an owner operator.
You Build Your Own Business
Owner operator jobs allow you to have your own business. The work you do every day is to build your business. Unlike company truck driver jobs, you can choose which business you want to work with and you can always be on the lookout for better opportunities. You can work with the company that gives you the best benefits.
You Control Your Schedule
You can have home time when you need it and get hauling time when you need it. You can rely on the company you work with to supply you with loads. This will reduce your downtime between loads and deadheading. Some companies will pay you for all miles driven whether you are loaded or not, just like we do here at Paramount Freight Systems, one of the premiere owner operator transportation companies in North America.
You Control Your Fuel Costs
In building any business an adequate profit margin is imperative. Fuel costs are a major cost outlay. As a company driver the company pays the fuel costs, whether you drive efficiently or not. As your own boss your efficient driving means more money in your pocket. Working with a company that pays fuel surcharges means you can pocket even more profit.
You Have Your Own Truck
In regular truck driver jobs, you are in whatever vehicle the company provides you. Owner operator jobs put you in your own truck. Your truck is your home on the road and you can customize it anyway you need to. Some companies, like PFS, will even help you get into your own truck through leasing arrangements with partners.
You Make Your Own Profit
Not only can you control your own fuel costs, you can control every trucking expense in order to maximize your profit margin. When you become an owner operator you are paid a per mile rate that takes care of your fuel costs, your maintenance costs, your taxes, and your profit margin. Take care of your truck, and you will reduce your maintenance costs. This means more money in your pocket. Keep good records and utilize a good accountant and, you will reduce your tax costs. Since you have the power to control your costs, you have the power to increase your profit margin. Your good driving and good business habits are rewarded through increased profits.
There are many companies out there that will work with you to help you build your own business, but not all companies are created equal. Paramount Freight Systems is one company that has the benefits that quality truck drivers look for. We offer benefits like safety bonuses, fuel surcharges, tag and permit services, fuel discounts and even a sign-on bonus or a Bose Ride® System. Check out these benefits and see how we can get you on the road and on your way to success as an owner operator. Contact us today.