How To Calculate Profit Margin

Your Main Goal On Every Load Covered Is Generating A Minimum 15% Profit Margin

How To Calculate Profit Margin:

Our Price = Price We Charge Our Customer
Carrier Price = Price Charged From The Carrier
Profit = Customer Price – Carrier Price

Example:

Our Price = $2000.00
Carrier Price = $1700.00
Profit = $300.00

Profit Margin = Profit Divided By Our Price

OR

$300.00 ÷ $2000.00 = 0.15 (15%)

Remember:

Your profit margin goal is to average 15%+ every 2 weeks. However, always cover loads for a minimum of $100.00

Figuring your profit margins will assist you to work out what rates you’re charging and ensure that you keep above the 15% target.

Once you’ve made the initial sales call and prospects are asking for freight rates, you’ve got one foot in the door.  From there, keep selling and servicing.


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One thought on “How To Calculate Profit Margin

  1. VERA COMO

    WHAT I GET FROM THIS IS THAT IF I CHARGE THE CUSTOMER $2000.00 DOLLARS AND POST LOAD FOR $1600.00 OR $ 1700.00 I LOOL FORWARD TO PROFIT 300 TO 400 DOLLARS. I HAVE QUSETION ABOUT THIS PROCESS. ONCE THIS IS SET UP WHO SENDS THIS CUSOTMER THE RATE FORM OR CONTRACT. ALSO DO I POST THIS LOAD ON TRUCK STOP SO CARRIERS CAN CONTACT ME ABOUT THIS LOAD OR DO I OFFER THIS TO AN OWNER OPERATOR. ALSO WHO WILL CHECK THIS COMPANY SAFETY SCORE IF THIS IS OFFERED TO A CARRIER TO PICK UP LOAD . I UNDERSTAND THE PROCESS JUST THE STEPS AFTERWARDS IM LOST.

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