#70. January 2021 Financials
Haulin Assets - A podcast by Motor Carrier HQ - Wednesdays
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January was another pretty good month. Mike was on the road more days than ever before, and you can see he was able to get in a pretty good number of miles. Listen to the episode to hear all the details. What To Expect From Episode 70 Here are the numbers for the month. Total miles ran – 12,929 Deadhead miles – 451 (3.49%) Total revenue - $25,575.32 All-in rate-per-mile - $1.98 (Not as good as December, but pretty good for a January) Full days on the road - 25 (Busiest month ever) Partial days on the road – 4 In the end Haulin Assets realized a profit of $6,554.69. Impact Tip Be intentional about what you do with your money. Every dollar needs to have a purpose. You have a certain amount of money set aside for fuel, a certain amount for maintenance and repairs, a certain amount you pay your drivers and if you are an O/O, you should pay yourself a certain amount. One of my biggest pet peeves is when business owners use their business as a personal piggy bank. It’s a terrible practice.