partners in business

Partners in Business tip: Learn to bargain

Never settle for the first quote when you are seeking a truck loan.

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Partners in Business podcast: Managing your fuel costs

This installment of Overdrive’s Partners in Business covers how to control fuel costs. That includes minimizing fuel consumption, getting a fair fuel surcharge and choosing where to buy fue

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Partners in Business podcast: Managing your money and time

This installment in the podcast series of Overdrive’s Partners in Business, excerpting portions of the manual coproduced with ATBS, covers how to develop and use profit and loss statements, and how to understand your revenue, earnings and costs.

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Partners in Business podcast: Getting started as an owner-operator

This Overdrive Radio podcast covers the first four chapters from the 2017 Partners in Business manual -- from making the transition to self-employment, choosing a financial services partner, creating a strong business plan and establishing your bookkeeping.

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Partners in Business tip: Obtain a monthly earnings statement

All of your records should be converted into a profit and loss statement at the end of every month to show miles, revenue, costs and how much money you made or lost.

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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: Selecting a business services provider

This financial lifeline involves more than just tax preparation concerns.

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Partners in Business tip: Carry a notebook with your receipt envelope

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 can deduct the expenses at tax time.

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Partners in Business tip: Prepare for loans

When you apply for a loan, you should come armed with certain information. Here's what you need.

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Partners in Business tip: Develop a business plan

A business plan outlines the details of your operation, including the types of freight you’ll haul, the traffic lanes you’ll run and the rate you’ll be paid. Here's why you need one.

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