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Partners in Business
The leading business training program for owner-operators.
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Latest Stories: Page 2
Partners in Business
Partners in Business tip: When to upgrade your truck
Rules of thumb on when it’s time to trade your old rig for a newer one.
November 20, 2019
Business
Weighing an engine rebuild vs. a truck trade
When you've got to choose between overhauling an engine or trading in an aging truck, there's a lot to consider. Here's how owner-ops Phil and Annett Albert made the decision.
April 2, 2021
Overdrive Extra
There's much more to business ownership than having an authority
History is rich with companies that worked tirelessly to save their sinking ship rather than change when the need became inevitable. Yet failure to effectively plan for the change can be its own Achilles Heel of sorts.
March 29, 2021
Partners in Business
Partners in Business tip: Factors that influence interest rates
Want to know what factors most influence your credit rating and, thus, your interest rates for truck loans? Here’s what you need to know.
March 31, 2021
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
Business
Owner-operator income saw strong 2020 gains
The average net income in 2020 for leased and independent operators combined jumped to $67,742 in 2020, thanks to pandemic-related changes.
March 16, 2021
Regulations
How to mount an effective DataQs challenge
Setting up a successful DataQ begins at the scene of the crash or routine roadside or weigh station inspection -- documenting the facts of the case and, then, following through when errors are made.
February 15, 2021
Channel 19
Tax strategy -- to depreciate or not to depreciate major maintenance?
Equipment improvements present a variety of options as it relates to tax strategy around expensing and depreciation. Depending on your income situation, you could be well served by spreading deductions over years.
February 4, 2021
Partners in Business
Compete with cut-rate carriers by ‘hauling value,’ knowing your numbers, calculating decisions
From 2020's Overdrive's GATS Week last August, owner-operator trucking business coaches Kevin Rutherford and Gary Buchs discussed cost-cutting, key numbers, buying new v. used and more in this session.
August 26, 2020
Overdrive Extra
Building personal payroll -- a step toward tax savings, better finances
More deliberate financial choices engendered by creating a personal payroll can act as subtle self-nudges that lead owners to managing money better overall, controlling discretionary personal spending and placing roadblocks in the way of unwise habits.
January 13, 2021
Overdrive Extra
6 tasks to assess 2020 and set biz priorities for 2021
Did your owner-operator business hit its goals for 2020? What can you do to adjust for 2021? Check out these 6 steps for assessing your business on Overdrive.
December 3, 2020
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
Partners in Business
Partners in Business tip: Use overdraft protection
See if your bank offers any of these options that are much less costly than bouncing a check. Get all the information you need here on Overdrive.
November 20, 2020
Partners in Business
Partners in Business tip: Remember the warranty during truck loan negotiations
Partners in Business say to focus on the understanding the warranty and making sure it will work for you. More information here on Overdrive.
November 4, 2020
Partners in Business
Truck purchasing, depreciation and taxes: Keep emotions out of it
Overdrive Extra contributor Gary Buchs discusses with Kevin Rutherford how emotions can lead to irrational decision-making. Check out the video on Overdrive.
November 4, 2020
Partners in Business
Partners in Business tip: Log your spending
In the latest The Partners in Business program post, we're discussing how to keep track of your spending. This means every purchase. Details on Overdrive.
October 22, 2020
Partners in Business
Partners in Business tip: Shop for insurance
If you're looking to get a truck loan, don't automatically include insurance in the contract. Take a moment to shop around to get the best insurance rates.
October 14, 2020
Partners in Business
Partners in Business tip: Keep an escrow account for maintenance costs
Partners in Business suggests calculating the cents-per-mile based on truck age to create a maintenance escrow savings account for preventive maintenance.
October 7, 2020
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