Many small businesses across the United States share a common goal, come tax season: Reduce Taxable Gross Income. The IRS offers certain tax codes that help business owners write off business expenses, but few offer the same level of incentives that Section 179 is able to. Most people think the Section 179 deduction is some mysterious or complicated tax code. It really isn’t, as you will see below.
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year. That means that if you buy (or lease) a Commercial Truck, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves, while also helping the economy. In order to qualify for the Section 179 Deduction, [...]
A delivery service is an optimal business to own for a number of reasons. It requires little overhead, is high in demand, and is portable so you can take it to where the business is booming.
Types of Delivery Services
Delivery services can be very general in nature. Or, they can be niche. You may be delivering a product, or your delivery may BE the service.
Some examples of specified delivery services are: mail delivery, package delivery (like Amazon delivery), grocery delivery, a courier service, and flower delivery. Some delivery services pick the goods up and deliver them to the customer, like those who deliver groceries from a grocery store. Others transport items the customer provides to a specific destination, like a document delivery service does.
General delivery services are becoming more popular. Those delivery trucks are [...]
DUE TO THE CORONAVIRUS OUTBREAK, OUR BANKS ARE DOING THEIR BEST TO PROVIDE A SENSE OF RELIEF DURING THESE UNCERTAIN TIMES. TAKE ADVANTAGE OF THIS RELIEF PLAN, WHICH INCLUDES A LOWER FINANCE RATE, AS WELL AS ELIMINATION OF YOUR TRUCK PAYMENT FOR 90 DAYS!
KS ARE DOING THEIR BEST TO PROVIDE A SENSE OF RELIEF DURING THESE UNCERTAIN TIMES. TAKE ADVANTAGE OF THIS RELIEF PLAN, WHICH INCLUDES A LOWER FINANCE RATE, AS WELL AS ELIMINATION OF YOUR TRUCK PAYMENT FOR 90 DAYS!
CALL MJTRUCKNATION NOW TO QUALIFY FOR 90 DAY PAYMENT RELIEF!
Picking the Right Commerical Work Truck to Make Your Floral Business Bloom
When your business entails pedaling the petals, there are a number of considerations you will want to factor in when purchasing a vehicle for you floral delivery service.
Dig In to Details
Before you can determine the best floral delivery truck for your business, it’s best to access- figure in all the details, large and small. Leave no stone unturned when it comes to analyzing your wants and needs. Even the smallest of details can make a huge difference when it comes to a delivery vehicle for your floral service. Do it right the first time.
What size floral deliver service you do have? If you’re a small company in a rural community of 1,000, you can get by with a smaller truck [...]
Medium-duty work trucks typically weigh in between 14,000 and 19,500 pounds and are the perfect size when a heavy-duty truck is too much, but a light-duty truck just isn’t quite enough. There are a ton of uses for a medium-duty truck in a number of industries.
What are Medium-Duty Work Trucks Used For?
Medium-duty work trucks are often used to haul goods. From materials that need to be transported to and from construction sites to moving companies and furniture delivery, the mid-range trucks are ideal for getting a myriad of jobs done.
Classes of Medium-Duty Work Trucks
The United States has eight main classifications of trucks in the medium-duty range. Class 4 is comprised of trucks with a GVWR between 14,001 and 16,000. Class 5 is made up of those weighing between 16,001 and 19,500. Class [...]
Buying a fleet of work trucks and managing the vehicles are two completely different things. If you’ve recently acquired or revamped your commercial vehicle stock, here are some suggestions that will help your light, medium, and heavy commercial trucks on track:
The biggest factor that determines if your work trucks are a profit or liability to your company is their overhead cost after the initial purchase of your work fleet. Focusing on economy fuel is a must. From choosing vehicles that get great fuel mileage is imperative. Past that, you can adopt strategies such as controlling the speed in which the trucks are driven by placing governors on them, keeping maintenance up on them, and using apps to find the most cost-efficient pumps to purchase gas or diesel fuel at. In addition, you may want [...]
If you’re thinking about starting a foodie truck business, you’ll be happy to know that it’s one of the most profitable niches in the food industry. Food trucks generate over $2 billion in yearly sales while traditional restaurants lag behind at only 2%. It’s not a wonder that the growth of foodie trucks is at 5.4% versus only 4.3% for stationary restaurants.
Food Truck Cost
While the cost of starting a food truck business does average about $100K, the overhead is considerably less than opening a traditional restaurant. Food trucks do, of course, require the purchase or lease of a vehicle which can run roughly $85K, a drop in the bucket of the price of a commercial building.
Food Truck Vehicles
Back in the day, it wasn’t unusual for tacos to literally be sold out of the trunk of a [...]
Spray and pest trucks are the most common vehicles used in the pesticide industry. In the past, however, these types of trucks often come with their share of bugs. The biggest obstacle is that pest control vehicles often require customizations that are not always offered in basic spray and pest trucks. That’s where MJ Truck Nation comes in.
Sometimes, services have commercial vehicle requirements that don’t fit inside the box - like ambulances, RVs, and fire-fighting vehicles. Cab and chassis set-ups allow for complete customization to occur in order to accommodate all the specific needs.
Whether you are dumping garbage or gravel, if you are in the in the tipping business, you will need a tipping, or dump truck. There are different types of trucks that serve a number of purposes. Before you pick your tipper, here are some helpful tips on doing so: