partners in business

Partners in Business: Choosing a trailer

Spec’ing smartly can increase your profits.

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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: Log your spending

Record every check or debit card purchase as soon as the money is spent. Here's how.

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Partners in Business: Understanding costs

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

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Partners in Business tip: Use overdraft protection

There are options that are much less costly than bouncing a check.

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Partners in Business: Vehicle registration

A state-by-state list of vehicle registration resources.

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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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PIB tip: Shorter loan, less costly truck

The ideal loan term for a three-year depreciable asset like a heavy-duty truck is three or four years. Here's why.

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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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Partners in Business tip: Buy oil in bulk

The do-it-yourself oil change is a standard for many owner-operators, especially those with their own authority. A one-truck operator can save almost $200 a year by moving from gallon jugs to 55-gallon drums for oil purchases, assuming 125,000 miles per year with an oil change every 25,000 miles.

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