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Partners in Business
The leading business training program for owner-operators.
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Partners in Business
What’s your most pressing business question?
Kevin Rutherford and Gary Buchs will be answering business questions from owner-operators during an Overdrive's Partners in Business presentation. Details here.
August 3, 2020
Overdrive Extra
Addressing a common mistake in a tough load choice
You might be surprised at what the numbers have to say about waiting an extra day, even when that higher-paying load surfaces.
October 10, 2019
Partners in Business
Panel talks controlling costs and other best practices for owner-operators
This GATS session of Overdrive’s Partners in Business addressed the broad topic of best practices for owner-operators. Controlling costs is perhaps the most effective strategy for success in trucking, panelists noted — not only does every saved dollar go directly to the bottom line, but many costs fall in areas owner-ops have the most control over.
September 2, 2019
Channel 19
Cash flow, freight strategies: Report from the GATS panel of independents, small fleets
PIB small fleet panel at GATS: Substantial profit can be hard-won in the trucking business, though with diligence around business analysis and cash flow, cost control, freight market wisdom and customer relationships, an independent owner-operator or small fleet owner can set themselves up for long-term success.
August 27, 2019
Partners in Business
Slowdown merits no panic for owner-operators, but pay attention to the basics
Weighing today’s trucking market is best done with proper perspective, say speakers from ATBS, the nation’s largest owner-operator financial services firm.
August 24, 2019
Partners in Business
Partners in Business 2019 Manual, Chapter 19: Saving For Yourself
PARTNERS IN BUSINESS TABLE OF CONTENTS » The habit of saving for personal goals will pay big dividends later As your business gets established and you can predict decent earnings on a regular basis, establish long-term personal savings plans and work a weekly or monthly savings contribution, however modest, into your budget. Retirement saving is […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 18: Going Independent
PARTNERS IN BUSINESS TABLE OF CONTENTS » Getting your own carrier authority comes with risks and rewards Two upsides to getting your own carrier authority are the potential to make more money than a leased operator and the almost complete freedom associated with how you run the business. This sounds wonderful, but with freedom comes […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 17: Health and Income Insurance
PARTNERS IN BUSINESS TABLE OF CONTENTS » Paying for coverage of personal risks is a cost of doing business Health is the third core reason owner-operators fail – behind only poor truck maintenance and a lack of business skills. Many over-the-road drivers rarely have the time to see a family physician at home, much less […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 16: Trucking Insurance
PARTNERS IN BUSINESS TABLE OF CONTENTS » Protect your career by following regulations, practicing safe driving and using data to your advantage After the truck payment, truck insurance is one of an independent owner-operator’s biggest fixed costs, one that must be paid on time whether a truck is running hard or parked. Without adequate insurance, […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 15: Staying Compliant and Safe
PARTNERS IN BUSINESS TABLE OF CONTENTS » Protect your career by following regulations, practicing safe driving and using data to your advantage The 2015 debut of the Freightliner Inspiration, the industry’s first road-legal autonomous truck, raised many questions about its implications for where the industry is headed. Perhaps the biggest question for drivers concerns job […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 14: Computers, Mobile Devices and the Internet
PARTNERS IN BUSINESS TABLE OF CONTENTS » Online trucking resources combined with ever-cheaper digital tools can help you work faster, smarter and more profitably It’s still possible to track an owner-operator business with paper and pencil. But with improvements in consumer technology, owner-operator apps and software and steadily dropping prices, tracking your business electronically makes […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 13: Choosing A Carrier
PARTNERS IN BUSINESS TABLE OF CONTENTS » It’s expensive to switch carriers, so pick your partner carefully if running leased The increased revenue that can come from changing carriers is easy to understand, but the cost involved in making that switch often is overlooked. It can be thousands of dollars. And when you look closer […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 12: Maintaining Your Equipment
PARTNERS IN BUSINESS TABLE OF CONTENTS » Routine PM will save money over time and help determine when to trade Preventive maintenance can be expensive, but neglect is even more costly. Systematic PM saves you money in the long run by reducing the chances of equipment failure on the road and reducing time lost to […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 11: Choosing a Trailer
PARTNERS IN BUSINESS TABLE OF CONTENTS » Spec’ing smartly can increase your profits Is a trailer worth the investment? For many owner-operators, yes. It can take less than four years to earn back that investment, even when buying new equipment. According to Overdrive research, most independent owner-operators already own their own trailers, as do about […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 10: Truck Buying, Leasing, Financing
PARTNERS IN BUSINESS TABLE OF CONTENTS » Determine your best method for acquiring a truck It’s no secret that affording a new tractor has become more complicated for owner-operators and many smaller carriers over the past decade as equipment costs have risen dramatically. Nonetheless, as acquisition patterns change, one of the most basic decisions you […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 9: Choosing a Business Structure
PARTNERS IN BUSINESS TABLE OF CONTENTS » What legal form works best for your operation? There are different ways to set up an owner-operator business. Each business form has its advantages and disadvantages, and one may work better than another for your particular situation. The advice of a CPA, tax attorney or business services provider […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 8: Income Tax and Other Taxes
PARTNERS IN BUSINESS TABLE OF CONTENTS » Good planning and recordkeeping help keep those payments at a minimum Among the biggest challenges in operating your business is understanding how you are taxed. This is an area where many new owner-operators run into problems. You can avoid any big surprises on April 15 by using good […]
November 19, 2018
Partners in Business
Partners in Business 2019 Manual, Chapter 7: Managing Money
PARTNERS IN BUSINESS TABLE OF CONTENTS » Best practices for healthy cash flow, debt avoidance and identity protection It’s important to create a separate bank account that will be used to manage the income and expenses of your business. All income from your trucking business should be deposited there. In addition, trucking expenses should be […]
November 19, 2018
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