Say hello to the brand-new Overdrive/ATBS coproduction of the only comprehensive handbook to running an owner-operator business, from bookkeeping to maintenance and getting the best fuel mileage, shopping for and understanding insurance, and everything in between to the end: retirement, and effectively saving/investing for it. Our 2024 Partners in Business manual is now available for download at this link.
The book has long been a cornerstone for prospective and new owners making the transition from work in trucking as a company driver, yet there's a great deal more to it than that. As my colleague Gary Buchs has emphasized in his work with owner-operator clients he serves as a business coach, PIB can serve as as both a refresher and a source for new insight for experienced owners, too.
As regular Overdrive readers are likely well aware, it's updated annually. This year, new material includes:
- Ways to increase and really understand the value of time efficiency when the freight-market chips are down.
- Emphasis on necessary engagement with costs and income potential in load and pay-package evaluations.
- How to evaluate detention-compensation rates using your own numbers.
- Resources around recognizing and combating predatory tow bills and practices.
- The latest advice around income thresholds for evaluation of any move to the S Corp business structure.
- More red flags to avoid getting hoodwinked by a double broker, plenty in the insurance realm.
And a whole lot more where that came from.
Download the book today here.
If you're attending the Mid-America Trucking Show starting Thursday, join us at 2:45 p.m. Friday, March 22, in the MATS Pro Talks Theater (B104 in the South Wing) for the official kickoff for this year's PIB program. Find ongoing updates through the year via OverdriveOnline.com/pib. Hope to see you there.