
Should you buy a Second or Third FedEx Route? Are you considering adding a second or third FedEx route to your business? There’s a lot of debate surrounding if it’s a smart move.Some people believe that it’s essential to have multiple sources of income to be resilient if one of your sources fails.Others believe that buying a second or third route can be detrimental to your business, as it can lead to higher risks, higher responsibility, and more upfront investment.
Which side of the fence do you stand on? Let’s have a look: Are You Prepared for Another Route? Before you decide on whether or not to add another route to your business, you should ask yourself a few important questions.Routes are Expensive There’s no doubt about it- adding a new one is expensive.This doesn’t mean that you should never think about adding a second or third route.
It just means that you need to be realistic about the financial implications of this decision.Ask yourself: All of these factors will play a crucial role in helping you decide whether or not you are financially capable of buying another route or not.Can You Spare Time to Learn About the New Route? Buying a new route is not just about thinking in financial terms but also in terms of time you can spare.
Since you are already managing your current route, do you think you can take out some time to learn the new route?
Will it be okay for you to manage your current route while getting training for the new one? You may also have to deal with a substitute driver on a daily basis to ensure he’s doing a fine job on the current route.The Advantages of Purchasing a New Route:
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Publisher: Paradiso Insurance