Partners in Business tip: Use overdraft protection

The Partners in Business program is sponsored by Ryder and Truckstop.com.

Find out what your bank offers for this service, which automatically draws from your savings account or credit card account to cover a bad check. The credit card option isn’t favorable for an undisciplined operator, but if the card balance is paid off quickly, any interest charges will be a lot less costly than bouncing a check.

The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm. It is sponsored by Ryder and Goodyear.

Want more tips from our Partners in Business manual? Enter your email address below to download two sample chapters from the manual.

2017 Partners in Business Chapter 11-12 Preview

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