partners in business

Partners in Business tip: Save every receipt, no matter how small

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 monthly profit and loss statement as well as accurate quarterly tax estimates.

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Partners in Business tip: Remember the warranty during truck loan negotiations

When you are negotiating for a truck loan, make sure your dealership is able to service your truck and that warranty work and downtime will have the least possible effect on your driving time and miles. Get warranty agreements in writing and make sure you understand them.

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Partners in Business tip: Factors that influence interest rates

Want to know what factors most influence your credit rating and, thus, your interest rates for truck loans? Here's what you need to know.

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Partners in Business tip: Shop for insurance

Don’t automatically include insurance in the final contract of a truck loan. Shop around beforehand, and you may opt to buy it elsewhere.

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Partners in Business tip: When to upgrade your truck

Rules of thumb on when it's time to trade your old rig for a newer one.

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Partners in Business tip: Analyze your oil

Getting an engine oil analysis is a great way to determine engine wear problems before they cause too much damage.

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Partners in Business tip: Properly spec your tires

Smart tire spec’ing can save money in two ways: reducing tire cost per mile and fuel cost per mile.

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Partners in Business tip: Keep your records

Maintain your receipts and other tax records for at least three years. Here's why...

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Partners in Business tip: Log maintenance records

Only with complete records can you track the work done on your truck and, when necessary, prove that required maintenance has been done.

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Partners in Business tip: Have a reserve account

The best owner-operators have at least $5,000 in reserve before they ever go into business.

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