Partners in Business

| September 08, 2010

PIB TIP: REDUCE AVERAGE SPEED. It’s easy to get into the trap of driving fast. But speed is the main reason for increased fuel consumption and reduced profit. Experts agree that every mile per hour ...

| August 31, 2010

PIB TIP: CALCULATE YOUR MPG. Calculate your mpg by tracking your mileage between fill-ups and dividing the total by the number of gallon you burned. Do this for all trips. Weather, loads, routes, traffic, terrain, ...

| August 23, 2010

PIB TIP: CONTROLLING FUEL COSTS. You can make the wisest business decisions about fuel when you know your fuel economy, expressed in miles per gallon, and your fuel cost per mile. The Partners in Business ...

| August 17, 2010

PIB TIP: AVOID FRIVOLOUS SPENDING. The average ATBS client nets only 32 cents for every dollar of gross revenue, hence, 68 cents per dollar earned goes toward vital business expenses. Heeding that ratio can help ...

| August 10, 2010

PIB TIP: FIXED AND VARIABLE COSTS. A fixed cost is determined and does not change from month to month. Any expense related to time, such as a tractor payment, insurance payment, permit and license fees, ...

| August 02, 2010

PIB TIP: COSTS VARY MONTHLY. If you drive 9,600 miles one month and 10,000 miles the next, you’ll have two sets of costs for each month. If your monthly tractor payment is $1,850 and you ...

| July 27, 2010

PIB TIP: A PENNY SAVED IS $1,300 EARNED. Understanding basic principles of operating costs can save you thousands of dollars a year. The owner-operator who can save just one penny per mile over the typical ...

| July 20, 2010

PIB TIP: SATURDAY IS AN EXTRA DAY. The week is over and your work and planning should have resulted in a profitable operation. But like Sunday, Saturday is an extra day if you can pick ...

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