Oftentimes, it is wise to have a lawyer represent you when conducting significant business transactions such as buying or selling FedEx routes. But many first-time business owners may not have a lawyer they have used in the past. So how does one go about finding a good lawyer to represent their interests and help facilitate the transaction? Continue reading How to Find a Lawyer to Buy or Sell FedEx Routes
When entrepreneurs decide it is time to sell their delivery business, one of the first questions they are likely to ask is how long will it take to sell FedEx routes. After all, there are undoubtedly reasons as to why they have decided to sell.
Independent Service Providers must be prepared to embrace the unknown, as the route selling process is comprised of a multitude of variables. However, there are several factors that you, the route owner, can control. Continue reading How Long Does it Take to Sell My FedEx Routes?
FedEx has recently announced that it expects to ship 317 million packages between Black Friday and Christmas Eve (a time referred to by FedEx contractors as “peak season”). In anticipation of this record package volume, FedEx will be hiring more than 55,000 seasonal workers – up from about 50,000 in 2014. http://www.usatoday.com/story/money/2015/10/26/fedex-expects-record-package-volume-during-holiday-season/74616922/ Continue reading The FedEx Peak Season
FedEx contractors contemplating the sale of their routes often ask us whether there is a right or wrong time of the year to sell. Should I sell now or wait until after peak? Do route prices vary with the time of year? How do I incorporate my new route(s) into the valuation of my overall business? I need a new truck – should I purchase/lease one before the sale or leave it to the new buyer? These are just some of the questions we receive on a daily basis. We’ll do our best to answer some of those questions here… Continue reading When to Sell Your FedEx Routes
We recently received an inquiry on our blog asking us to share our perspective on how the FedEx model works. While that question deserves a very lengthy and detailed answer, we did our best to break the FedEx model down into a concise, easy-to-read explanation… Continue reading How Does the FedEx Model Work?