subaru wrote:mwania wrote:Subaru, I will assume that the Kshs. 8,500 is net after deducting daily fuel expenses. But other expenses like salaries for the driver/ conductor, insurance, management fees, licensing fees, taxes that are due after a few months/ annually are not accounted for.. ama?
@ mwania the little research i have done with a new 33 8500 utapata na umeibiwa this means u can get more but this money should not be eaten its for running the biz na kulipa loan
@ Subaruman - that is correct. The 8500 is what you get after you pay the driver/makanga/ fuel etc and that's after you have been kulwad a bit. In the few years I have been running the business I have come to learn:
- Agree on a fixed amount as opposed to targeting a higher amount leading to fluctuations. In my case 8500/6500 which is weekday/weekend. Manyanga brings in 10500/8000
- Above amount is net. Driver pays himself and fuels daily (insist on always having the car sleep with a full tank)/Pays sacco fees (300 for direct management and 300 savings which I will mention on my next point) as well as washing the car
- Sacco takes 300 per day per car additionally which you get back at the end of year (Make sure you are getting this as I use to take the car for painting and top up on tyres etc
- First four days pays for city council (5600), insurance (14800) and service ( 5,200 for service on one month and 8100 on second month). I have quoted a bit higher on second month as you get to do things like linings/more greasing and allow for a bit more work
- Cars serviced every 24days on average
- Average earning for the vehicles is between 160-180k (this does not include private hires)
a bit wordy but hope it helps. Good luck to you and mwania - in your venture