partners in business

Partners in Business: Buying a truck vs. leasing

Determine your best method for acquiring a truck.

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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: 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: 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: 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: Evaluating carrier compensation

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

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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: 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: Bookkeeping

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

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