partners in business

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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Partners in Business tip: Open a separate checking account for your business

Run a one-truck owner-operator business? Separate your business account from your personal account -- here's why.

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Partners in Business tip: Use a separate credit card for business expenses

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

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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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