Course Chapters

Chapter 1-Becoming an owner-operator

Take time to prepare in every way for this big step.

Chapter 2-Selecting a business services provider

Picking this financial lifeline involves more than just tax-preparation concerns.

Chapter 3-Creating your financial map

How to build a strong owner-operator business plan.

Chapter 4-Bookkeeping

Tracking progress, filing income taxes and maximizing your bottom line.

Chapter 5-Profit and loss statement

How to interpret your monthly financial scorecard.

Chapter 6-Understanding your earnings

There’s more to revenue than pay per mile.

Chapter 7-Managing time

Follow these proven tips on planning your schedule to make more money.

Chapter 8-Understanding costs

Fixed and variable costs affect your bottom line in different ways.

Chapter 9-Controlling fuel costs

Your survival depends on minimizing fuel consumption and getting a fair surcharge.

Chapter 10-Controlling tire costs

Keep your No. 2 variable expenses to a minimum.

Chapter 11-Managing money

Learn the best practices for healthy cash flow, debt avoidance and identity protection.

Chapter 12-Income tax and other taxes

Good planning and record keeping help you keep tax bills low.

Chapter 13-Choosing a business structure

What legal form works best for your operation?

Chapter 14-Buying a truck vs. leasing

Determine your best method for acquiring a truck.

Chapter 15-Choosing a trailer

Hauling your own can increase profits.

Chapter 16-Financing your equipment

Keep your debt low and your credit rating high so you can land a loan with good terms.

Chapter 17-Maintaining your equipment

Routine PM will save money in the long run and help determine when to trade.

Chapter 18-Choosing a carrier

It’s expensive to switch carriers, so pick your partner carefully.

Chapter 19. Evaluating carrier compensation

Take time to weigh the numbers and find the deal that best suits you.

Chapter 20. Computer software and hardware

Don’t overlook these tools for business, communication and entertainment.

Chapter 21. Using the Internet

Online trucking resources can help you work faster, smarter and more profitably

Chapter 22. Staying compliant and safe

It’s up to you to know and follow regulations and practice safe driving.

Chapter 23. Trucking insurance

Understand the types of coverage and what your operation requires.

Chapter 24. Health and income insurance

Paying for coverage of personal risks is a cost of doing business.

Chapter 25. Saving for yourself

The habit of saving for personal goals will pay big dividends later.

Appendix 1: Vehicle registration

Appendix 2: Resources

Appendix 4: Owner-operator glossary

Appendix 5: Owner-operator deductions