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Partners in Business
The leading business training program for owner-operators.
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Latest Stories: Page 16
Partners in Business
Partners in Business tip: Open a separate checking account for your business
If you're an owner-operator, be sure to check out this Partners in Business tip about the importance of separating business and personal checking accounts.
April 29, 2021
Partners in Business
Partners in Business tip: Perform regular PM
Preventive maintenance ensures your truck is running efficiently. Here are a few items to regularly check.
April 16, 2021
Overdrive Extra
Leasing out equipment? Call your insurance agent first
Both trucks and trailers that are leased out bring increased potential to be damaged, stolen, abandoned or vandalized. Coverage necessarily will be the responsibility of the party leasing equipment from you. Be extra careful who you do business with.
July 25, 2022
Partners in Business
Partners in Business tip: Save every receipt, no matter how small
Take advantage of all your business expenses by collecting your receipts no matter how small they might be. Get more details right here on Overdrive Online.
April 8, 2021
Partners in Business
Partners in Business tip: The benefits of trailer ownership
While leased operators don’t have the pressing need to provide a trailer that most independents do, they often find trailer ownership has significant earning potential.
April 1, 2021
Partners in Business
Partners in Business tip: Have a fixed residence
Run a single-truck business? You need to report a fixed residence. Here’s why.
March 26, 2021
Overdrive Extra
Understanding costs/profit in relation to time for better load evaluations
Trying to select the loads based on the information showing on the load boards, or received from a broker on the phone, can play out with huge differences when it comes to bedrock costs/profit. Use these cost strategies for better self-dispatch results.
June 27, 2022
Partners in Business
Partners in Business tip: Factors that influence interest rates
A multiplicity of factors influence your credit rating and, thus, your interest rates for truck loans. Here’s what you need to know.
March 31, 2021
Overdrive Extra
How to change your decision-making for successful self-dispatch
Are you moving to assume greater control of your load selection, negotiation, planning? This two-part feature, by longtime owner-operator and business coach Gary Buchs, looks closely at aspects of self-dispatching that can set you up for success.
June 27, 2022
Partners in Business
Partners in Business tip: Properly spec your tires
Did you know that properly spec'ing your tires can save you money? Spec'ing your tires can reduce tire cost per mile and reduce fuel cost per mile. Learn more.
March 24, 2021
Overdrive Extra
'What do I do now to stay in business?' 5 tips toward reining in costs
W. Joel Baker answers the question in the title, one he's been getting increasingly from struggling small fleet owners. The answer? Part of it is to avoid the self-inflicted wounds common to trucking business owners who've grown too quickly.
June 20, 2022
Partners in Business
Partners in Business tip: Keep your records
Maintain your receipts and other tax records for at least three years. Here’s why…
July 9, 2020
Partners in Business
Partners in Business tip: Have a reserve account
Here's how much every operator should have -- at minimum -- in a reserve account, and why you need one.
July 15, 2020
Partners in Business
Trucking 101: Understanding fuel surcharges
There are no rules covering fuel surcharges. As with freight rates, anything goes. Understanding surcharges and having them in place with customers -- whether brokers, shippers or a leased owner-op's motor carrier -- is key to coping with price swings.
June 1, 2012
Partners in Business
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.
July 29, 2020
Business
How to speak your freight broker's language with confidence
Owners' spot freight negotiations should be viewed as a potential stepping stone to steady business. As evidenced in this report, tactics abound for getting better rates, but truckers who succeed consistently always keep an eye on the road ahead.
May 25, 2022
Partners in Business
Partners in Business tip: Work to improve your credit
Do not wait around and accumulate more debt over long periods of time. Pay off what you owe as well as any penalty fees. Pay off debt to improve your business.
December 2, 2020
Overdrive Radio
The cargo-van hustle: Break through limitations with business-systems focus
Cargo van expediter Breon Thomas is on a mission: To give a hand up to the generation of aspiring van business owners behind him with consultation that mere hustling won't get you where you want to go as an owner. Create your support structure to succeed.
May 24, 2022
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