Jefferson3000
Expert Expediter
I guess this business is not all that easy to learn.
Hehehe...ya think?
I guess this business is not all that easy to learn.
The subject has been laid to rest.
Phil, why is it important to have a precise formula? And, as someone who has claimed to have a background in financial dealings of some sort, why can't you come up with something that satisfies your parameters, whatever they may be?There isn't any precise formula! That's the problem. Everyone's circumstances are different. People can sit here and explain all these formulas THEY use for THIER business. It will not apply to you or me.
It's like trying to calculate a ROI when buying a home. Each family has a different set of circumstances that determines what that will be. What's your interest rate, how many major repairs do you need, do you ever have to remortgage, how much money do you make at your job in order to pay it off early etc etc etc.
Same thing with a truck: Who do you run for, maint costs, truck payments, fuel mileage and expenses, driver pay..etc etc etc
Nobody is the same! So it's apples and oranges
I am on the fence, should I agree to leave it alone?
To be exact I am still waiting for an answer to my
question I posted in expediters going hungry real
I didn't know their was a problem here. Phil and DaveKc are great people so lets just leave it at that. I thought everyone was having some fun. Sorry if I upset anyone on my comments on ROI.
Well I for one am very glad that all of the bantering that had been invested in this topic has finally paid off dividends.
Rest in peace ROI.
I do believe everyone is happy. Then again....maybe not? No offense from me on anything.
Carry on
Phil, why is it important to have a precise formula? And, as someone who has claimed to have a background in financial dealings of some sort, why can't you come up with something that satisfies your parameters, whatever they may be?There isn't any precise formula! That's the problem. Everyone's circumstances are different. People can sit here and explain all these formulas THEY use for THIER business.
Yes, everyone's circumstances are different. That just means that one persons ROI would different than the next person's. Driver A spends 20k for a truck that gets 10mpg. Driver B spends 150k for a truck that gets 8mpg. The same formula would apply, the result will be different.
Dave, sorry to see a good thread get hi-jacked like this. Such is life in the World Wide Web, I guess.