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Quality of Earnings for FedEx Contractors: What Are You Really Buying?
A concerned individual reviews financial documents in a vehicle parked near delivery vans, highlighting the complexities of assessing a FedEx contractor's financial health. Mark signed a $1,325,000 LOI on a 14-route pickup-and-delivery contract in March. The broker's package showed $366,200 in adjusted EBITDA, three years of tax returns, and a clean 3.6x multiple. He had his SBA pre-qualification letter in hand and a closing date circled on the calendar. Six weeks later, the
Kevin Putman
4 days ago9 min read


How to Read a Broker's Confidential Information Memorandum Like a CPA, Not a Buyer
A signature on an LOI is easy. Verifying the numbers behind it before that signature is the part buyers skip Marcus had the CIM open on one screen and a signed LOI drafted on the other. The broker's package showed a $1,850,000 route with $355,000 in adjusted EBITDA and a DSCR north of 1.4x — numbers that made the SBA loan look like a formality. He wired the good-faith deposit three days later. Six weeks into underwriting, the bank's credit analyst sent back a different set of
Kevin Putman
Sep 238 min read


Route Profitability Playbook: How to Analyze Each FedEx Route Like a CFO
Stop Guessing: How to Analyze Your FedEx Routes Like a CFO Running FedEx routes without knowing which ones make money is like driving...
Kevin Putman
Jul 22, 20258 min read


Streamlining Financial Management: A Comprehensive Guide for FedEx Contractors
Introduction Financial management represents the backbone of success for FedEx contractors, where every dollar and minute counts. In an...
Kevin Putman
Dec 8, 20243 min read


"Maximizing SaaS Budgets: The Importance of Virtual Card Hygiene"
In today's digital landscape, the proliferation of software-as-a-service (SaaS) tools has transformed how we run our businesses. While...
Kevin Putman
May 29, 20242 min read
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