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Are you looking around for a new job? Or have you ever wondered how much a truck operator earns? If the adverts in the truckers’ magazines are to be believed, it is easy to get a driving job paying $100,000 a year as an owner driver.

This may be true, but it is certain that you can make a good living by owning and driving your own truck. There are several valid reasons for this. There is a worsening shortage of people who are prepared to drive long distances and stay away from home for a night or more and yet more goods are being imported and so have to be distributed from ports to distribution warehouses.

Many owner operators like the lifestyle of being their own boss and not having anyone breathing down their neck. Owner drivers often take their spouse or their dog on journeys with them and a modern cab is more like a small caravan that a car.

There are three main sorts of driving job available in the truck driving industry:

The first is the owner driver or owner operator. This type of operator owns his or her own tractor - the cab part that pulls the trailer.This driver is frequently contracted to a haulage firm and is paid per mile and is at least partially responsible for fuel and repair bills. It is normally the highest paying trucking alternative.

The second is the company operator. A company driver does not own his or her own truck and will normally get a wage based on hours or miles. A company operator typically does not have the same level of control over his wages that an owner driver has.

The third sort is the independent trucker. The independent trucker is fundamentally a mini haulage company. He or she has to find the loads, deliver them, make sure he gets paid, repair the wagon and everything else that a boss has to do, but without the corporate support and regular loads that an owner operator has from his haulage company.

If you are interested in this kind of business, the first thing you will need is a Commercial Drivers License (CDL) in the USA or Heavy Goods Vehicle (HGV) License in the UK.

Most truck operators attend a truck driving school where they will be given intensive training on how to drive a semi, as the tractor-cum-cab is called. Training will be given on driving and the written part of the state examination. After graduating from the driving school, you will be able to apply for your CDL or HGV.

On the other hand, you may be able to get in with a large haulage company that runs its own in-house training programme. This is better still as it may ensure you a job with that company for a while and that will help you establish a financial record should you want finance to buy your own vehicle later.

Once you are officially authorized, you can rely on your training school to help you find a job, you could phone around, look on the Internet or go and get one of those truckers’ magazines where they advertise jobs at $100,000 per annum.

Owen Jones, the author of this article writes on lots of subjects, but is currently involved with truck sat nav systems. If you would like to know more, please go to our website at Laser Temperature Gun.

Owner truck drivers have the same basic rights as any business owner, which means that they are permitted to deduct their operating costs from their earnings. The difference is in the detail. Every business works on the same essential guidelines, but within that framework, every kind of business is different.

A large proportion of non-business people do not understand how this works and to be honest, it does work differently in different countries. Here is a simple example: if you earn 400 and 100 is expenses and the tax rate is 25%, you will still pay tax: 400 earnings - 100 expenses = 300 profit x 25% tax rate = 75 tax.

Not as a lot of people think: 400 earnings x 25% tax rate = 100 tax - 100 expenses = zero tax.

With no expenses, the tax bill would have been: 400 earnings x 25% tax rate = 100 tax

Therefore, in this instance, you still need to pay for 75% of your expenses yourself. Obviously, the way to save money is to cut down on expenses. As we all know, this is easier said than done.

Since the truck is the largest single expense, you ought to begin there. Shopping around for the best deal is second nature when it comes to purchasing a vehicle, but it is even more important, when the vehicle is as expensive as a truck.

Regrettably, these are very hard times and many firms are going to the wall, but this does create opportunities to the owner-driver. There are tremendous deals on second-hand trucks, if you do your homework and have the truck thoroughly checked before you buy it.

You can off-set the interest you pay on the finance against profits, but you should definitely go for the best deal you can here as well. Try getting a better deal by bundling several insurances into one or try putting all your insurance policies with one broker for a higher discount. Or even do away with the broker (middleman) and go directly to the insurer.

Maintenance is cheaper than repair and it is deductible. It is also cheaper to take a number of common parts with you than be forced to rely on expensive emergency call-outs.

Fuel is a gigantic cost, so can you acquire a fuel card on the routes you drive? If not, pay for everything with a credit card that offers rewards, and pay off the card every month without fail. Pay by direct debit to make sure. Use it only for business.

Taking a shower can be expensive, up to $10 a time, twice a day. Having your own towel, soap and shampoo can bring this price down, but some garages offer free showers, if you buy a minimum volume of fuel or oil.

Eating healthily is also expensive on the road. This could make it a good strategy to install a refrigerator in your cab and fill it up where food is cheap and handy. Cutting down on fry-ups and steaks and eating more fruit would be healthier for most drivers anyway.

Owen Jones, the author of this article writes on various subjects, but is at present concerned with truck sat nav systems. If you would like to know more, please go to our website at Laser Temperature Gun.