Topic Tags partners in business

PIB tip: Work to improve your credit

| June 19, 2014

Credit scores can be improved slowly over time. Here's how.

PIB tip: Save every receipt, no matter how small

| June 13, 2014

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 ...

PIB tip: Shop for insurance

| June 05, 2014

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

PIB tip: Use a separate credit card for business expenses

| May 28, 2014

Try to find a credit card without an annual fee and with a low interest rate. If possible, pay the balance in full every month

PIB tip: Obtain a monthly earnings statement

| May 07, 2014

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.

PIB tip: Open a separate checking account for your business

| May 01, 2014

If you are the sole owner of the business, open an additional personal account and save yourself the extra fees associated with business accounts. Deposit your settlement checks in this account and pay yourself for ...

PIB tip: Save your log books

| April 16, 2014

Your log books are your best record of your per diem (daily) expenses, primarily meals, so be sure to keep them in a safe place along with your receipts and tax returns. You may need ...

PIB tip: Shorter loan, less costly truck

| February 27, 2014

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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