Obtain a monthly earnings statement.

| August 29, 2012

All of your records should be converted into a profit and loss statement at the end of every month. The statement should show how many miles you drove, what your revenue was, what your costs ...

Save every receipt, no matter how small.

| August 29, 2012

Why “tip” the taxman? Place an envelope in your truck for collecting your receipts and send them at the end of each month to your business services provider, who can then provide you with a ...

Get a notebook to carry with your receipt envelope.

| August 29, 2012

This notebook will be used to record those expenses for which you cannot obtain a receipt, such as when you wash your truck at a coin-operated facility or personal use of your auto, so you ...

Open a separate checking account for your business.

| August 29, 2012

If you are the sole owner of the business, open an additional personal account and save yourself the extra fees associated with business accounts. Deposit your settlement checks in this account and pay yourself for ...

Start the new year with a budget.

| August 29, 2012

Without knowledge of your revenue and expenses you can only guess at how your business will perform. Accumulate three to four months of information to properly reflect your spending habits. Don’t forget to budget for ...

Owner-operators, how are you affected by rising fuel costs?

| July 22, 2012

Attention to detail

| July 19, 2012

Texas trucker’s focus on maintenance keeps him on the path of success.

A growing family: Kenworth T680 test drive

Steve Sturgess | July 03, 2012

The Kenworth T680, though similar to its T660 and T700 brothers, forges new ground with a spacious, driver-focused interior.

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