Here’s a riddle for you: I had a contractor tell me he hated his FedEx route and wanted to sell. He had a 4 hour work week, a net income of $115k/year, but said it was a terrible mistake buying that route and wants to sell. If all that info is 100% true, then what’s he hiding? Read on to find …
With every business acquisition due diligence, you have to boil it down to 3 things: 1) How much does it cost? 2) What does it make? 3) What do I have to do to make that money? Obvious, right? Well, hang on. Because I know you’re wondering about when things are going well, how many …
How Many Hours Does The Average FedEx Contractor Work? Read More »
A lot of people are seriously worried about Amazon taking over FedEx and how that affects route owners. The story is that Amazon has a couple things going on –a) Their same day logistics services they’re developing.b) Delivery drones. Each of these elements could seriously disrupt the FedEx contractor model, and the Washington Post is …
Is Amazon And Drone Delivery Going To Hurt FedEx’s Contractors? Read More »
Not to sound like a Zen monk of FedEx routes, but the answer is there are no good or bad routes, they are just routes. This sounds like there’s no difference between one route and the next which is not the case, as there are massive differences far beyond just what the contractor is asking …
How Do You Spot A Good FedEx Route From The Bad Ones? Read More »
Before we discuss what’s been recently announced, you need to understand the history of FedEx just a bit as well as explain how most people think about due diligence on routes. The style of many people’s due diligence and a quick ISP history lesson: A lot of people think they’re performing due diligence on FedEx …
Home Delivery might be a thing of the past soon. Read More »
It’s a popular question that ends up leading many people to explore FedEx routes. When I first acquired my initial FedEx routes years ago, I was looking for some business to get me out of the corporate grind that often drowns in politics and general foolishness. The idea of a franchise appeared to be too …
What’s The Best Low Risk Business That I Can Buy? Read More »
I’ve been watching the landing page Amazon Logistics application page for quite a long time and saw it recently change in late June 2018. Since history tends to repeat itself, we can get an idea of where we are now by looking at how we got here. For those of you that missed what that …
Is Amazon Logistics A Better Opportunity Than FedEx Routes? Read More »
Yep. Good due diligence is actually making your acquisition riskier. Bear with me a second though… A lot of people buying their first business believe that proper due diligence is a crystal ball that tells them the future and eliminates all the risk such that it can be easily avoided. While a good due diligence …
Due Diligence Is Likely Making Your Acquisition Riskier?! Read More »
Upcoming changes at FedEx spell both opportunity and turmoil. Throughout the last 10 years of digging into FedEx routes, I’ve predicted many changes and watched the fallout from those events. What’s notable as of late is the speed of which the changes are occurring in 2019 vs back in 2009. Back when I first started helping people …
Banks are using SBA programs to finance FedEx routes…and it’s going to be a mess all over again. In 2019, it will have been over 10 years that I’ve been in the FedEx route world. Those of you that know me, know that I’ve done a lot of work from interviewing ex-corporate executives off the …
The Unpleasant Truth For Banks Lending On FedEx Routes. Read More »
