It was another great month for Haulin Assets, I'm super excited to share our numbers with you this month. We need to keep this momentum going for as long as we can. There are some great financial nuggets in this episode so make sure you listen all the way to the end.
What To Expect From Episode 82
Craig and I start off by answering a super important question. What do you think has a greater impact on your net income, your take home money, a $1 increase in revenue or a $1 decrease in expenses? Or are they the same? Understanding this principle is important for any business.
Here are the numbers for the month.
- Total miles ran – 34,523 (New record)
- Deadhead miles – 2,534 (7.3%, also a record by total miles, not percentage. It is what it is. One driver has a pretty good deadhead every time he goes home)
- Total revenue - $94,021.13 (Blew the previous record out of the water. It is nice having 3 trucks running in this market.)
- All-in rate-per-mile - $2.72 (Great Rate Per Mile)
Haulin Assets realized a profit of $29,876.82, we blew the previous record out of the water.
Keep your overhead low. I saw an interesting take on a "Distribution Center" while I was in Morocco a couple of weeks ago. It made me think about keeping your overhead expenses low. Listen to the episode for the full details.