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Partners in Business
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Latest Stories: Page 2
Channel 19
Flatbed securement accountability, mentoring, training in practice
Longtime independent and Gary's Fleet Service hotshot flatbed/step deck dispatcher Gary McGaha feels his securement practice, an easy strategy to implement, might be "a perfect job for very experienced drivers" sidelined by medical or retired.
March 1, 2022
Partners in Business
Partners in Business tip: Carry a notebook with your receipt envelope
This notebook — or alternately, a log kept in a document on your smartphone or other mobile device — will be used to record those expenses for which you cannot obtain a receipt.
July 22, 2020
Partners in Business
Partners in Business tip: Driving habits and tire life
Many of the problems caused by bad driving habits show up as uneven tire wear. Even absent poor driving, check your tires daily for irregular wear.
July 2, 2020
Overdrive Extra
What do insurance companies use to calculate our insurance premium rates?
Insurance agent/longtime owner-operator W. Joel Baker breaks down why his own first annual trucking insurance premium was so high when he got authority -- most of the factors that go into an insurance rate are under your control.
February 14, 2022
Partners in Business
Partners in Business tip: Log maintenance records
Only with complete records can you track the work done on your truck and, when necessary, prove that required maintenance has been done.
June 25, 2020
Overdrive Extra
There's no better time than now to prep financially for retirement
We're not talking about selling off the equipment, however -- Overdrive Extra contributor Gary Buchs details strategies to take toward retirement account contributions, the differences between IRA types and SEPs, with a significant savings advantage.
February 7, 2022
Partners in Business
Partners in Business tip: Save for retirement
If you don’t have a retirement account, here are some tips on how to start one, and how to get the most out of it.
June 17, 2020
Partners in Business
Partners in Business tip: Define your business
Before you buy or lease a truck, spend some time researching the type of freight you want to haul.
June 10, 2020
Overdrive Extra
A closer look at insurance unique to power-only trucking
Insurance companies' policy and claims rules differ when it comes to the two types of insurance to cover trailers pulled power-only: so-called 'trailer interchange' and 'non-owned trailer' coverages. What you need will depend on operations particulars.
January 17, 2022
Partners in Business
Partners in Business tip: Develop a business plan
A business plan is very important for all owner-operators. It can outline many aspects of your operation such as freight types, pay rates and much more.
May 27, 2020
Overdrive Extra
What do you do when you can't source something as simple as oil?
Gary Buchs relays a tale from an owner-operator unable to source 5W40 synthetic oil for service at one of the biggest shops in the country, along the way underscoring tried-and-true, and novel, strategies toward dealing with today's myriad disruptions.
January 10, 2022
Partners in Business
Partners in Business tip: Use a separate credit card for business expenses
Having a business credit card may help you reduce the number of advances you take from your carrier and will make it easier to keep track of business expenses.
June 2, 2021
Overdrive Extra
A $21K overdue bill for ELD service you never used? How friends might help
For these small fleet owners, after three years of escalating overdue notices, their personal network finally cracked the case with a solution. Looking into 2022, invest in your own network to ward off problems, create new opportunities.
December 30, 2021
Partners in Business
Partners in Business tip: Hire the kids
Provide tax-free earnings for age-appropriate work and help cut your tax bill. Check out all the details in the Partners in Business program produced by Overdrive.
May 26, 2021
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
Business
Per diem tax breaks just got a lot simpler -- and more valuable -- for owner-operators
New IRS guidance notes there will be no need for owner-operators to determine any percentage of meal purchases from a restaurant to reap savings with 100% deductible per diem through all of 2021 and 2022. Savings could top $1,000 annually.
December 3, 2021
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
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