To live a happy life, you have to find balance between work and play. Too much work and you are overstressed and physically exhausted. Too much play and you end up sleeping on your buddy’s couch. As an OTR trucker the line between work and play is even more skewed. After all, you live, work, […]
Save Money Through Negotiated Insurance Rates
When you’re the owner-operator of a trucking business, saving money is as important as making it. One expense that can add up quickly is insurance. For a trucking business, the main insurance types to consider are general liability, workers compensation, commercial auto, property, and excess liability. All of these types of insurance can potentially be […]
Tips On Finding The Right Subcontracting Partner
You’ve been a trucker for a few years and are looking for new opportunities in the industry. The next logical step is to go into business for yourself as an owner-operator, but where do you begin? We’ve covered starting your own trucking business in previous posts, however you now have a truck and trailer […]
Big Profits Over the Long Haul
Starting and running your own business is never a simple undertaking, but those who run their own trucking businesses have their own unique set of challenges. Several variables are considered when calculating the expected business operating costs. On average, an owner-operator trucking business needs to bring in $180,000 each year just to break even, which comes […]
Mastering Cash Flow with Invoice Factoring
All businesses require cash flow to function; certainly the trucking industry is no exception to that rule. In fact, with the high operational costs including insurance, fuel, equipment financing and regular maintenance, being tied to a 30-60-90 day pay on invoices makes operating your own trucking business a challenge, let alone growing the business. The […]