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Partners in Business
The leading business training program for owner-operators.
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Latest Stories: Page 20
Partners in Business
Big-ticket repairs, replacements, rebuilds: To depreciate or not to depreciate?
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
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
What to look for when buying a used truck
When buying a used truck, follow these steps to narrow your list of potentials to ensure you get exactly what you need and want. Learn more here on Overdrive.
September 30, 2020
Partners in Business
How to manage cash flow with potentially rough roads ahead
Watch portions of the hour-long talk that focused on managing with a mind toward addressing the volatility of the present moment here on Overdrive.
September 22, 2020
Partners in Business
Some good news for owner-operator income during year’s first half
ATBS President Todd Amen dissects the net income numbers for owner-operators during the first half of 2020 and notes the outlook for the rest of the year.
September 16, 2020
Partners in Business
Owner-op income for 2020 a mixed bag, but plan for downside, more uncertainty
Reefer's up, flat's down, and the spot market's volatility is cycling faster than ever, said Todd Amen, president of ATBS, to start off Overdrive's GATS Week.
August 25, 2020
Partners in Business
How hard were owner-operators hit in pandemic’s early months? PIB session details 2020 miles and income
The opening session of Overdrive’s GATS Week features Overdrive's Partners in Business collaborator ATBS, with YTD and second-quarter miles, income trends.
August 11, 2020
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
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