Tag: business plans: Page 3

Partners in Business
PIB TIP: REDUCE AVERAGE SPEED. It’s easy to get in
PIB TIP: REDUCE AVERAGE SPEED. It’s easy to get into the trap of driving fast. But speed is the main reason for increased fuel consumption and reduced profit. Experts agree that every mile per hour driven over 60 mph reduces fuel economy by one-tenth of a mile per gallon. The Partners in Business program is […]
September 8, 2010
Partners in Business
PIB TIP: CALCULATE YOUR MPG. Calculate your mpg by
PIB TIP: CALCULATE YOUR MPG. Calculate your mpg by tracking your mileage between fill-ups and dividing the total by the number of gallon you burned. Do this for all trips. Weather, loads, routes, traffic, terrain, road surfaces and other factors affect fuel economy, which can be somewhat controlled if monitored. The Partners in Business program […]
August 31, 2010
Partners in Business
PIB TIP: CONTROLLING FUEL COSTS. You can make the
PIB TIP: CONTROLLING FUEL COSTS. You can make the wisest business decisions about fuel when you know your fuel economy, expressed in miles per gallon, and your fuel cost per mile. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored […]
August 23, 2010
Partners in Business
PIB TIP: AVOID FRIVOLOUS SPENDING. The average ATB
PIB TIP: AVOID FRIVOLOUS SPENDING. The average ATBS client nets only 32 cents for every dollar of gross revenue, hence, 68 cents per dollar earned goes toward vital business expenses. Heeding that ratio can help you resist a frivolous spending spree the next time you have a big settlement check. The Partners in Business program […]
August 17, 2010
Partners in Business
PIB TIP: FIXED AND VARIABLE COSTS. A fixed cost is
PIB TIP: FIXED AND VARIABLE COSTS. A fixed cost is determined and does not change from month to month. Any expense related to time, such as a tractor payment, insurance payment, permit and license fees, is a fixed cost. That cost will be the same every day whether your truck is driven one mile or […]
August 10, 2010
Partners in Business
PIB TIP: COSTS VARY MONTHLY. If you drive 9,600 mi
PIB TIP: COSTS VARY MONTHLY. If you drive 9,600 miles one month and 10,000 miles the next, you’ll have two sets of costs for each month. If your monthly tractor payment is $1,850 and you drive 9,600 miles in a month, the payment will cost 19.3 cents per mile. But, if you drive 10,000 miles, […]
August 2, 2010
Partners in Business
PIB TIP: SATURDAY IS AN EXTRA DAY. The week is ove
PIB TIP: SATURDAY IS AN EXTRA DAY. The week is over and your work and planning should have resulted in a profitable operation. But like Sunday, Saturday is an extra day if you can pick up or deliver a load. Weekly plans don’t always work out, but over time they will help you succeed. The Partners […]
July 20, 2010
Partners in Business
PIB TIP: THURSDAYS ARE MAKE OR BREAK. A load picke
PIB TIP: THURSDAYS ARE MAKE OR BREAK. A load picked up Thursday should be short enough, less than 600 miles, to deliver Friday, or should be at least 1,600 miles to go through the weekend. On Thursdays, however, it’s almost always better to take a 350-mile trip and deliver it Friday. The Partners in Business […]
July 6, 2010
Partners in Business
PIB TIP: AIM FOR THE MIDDLE ON WEDNESDAYS. By midw
PIB TIP: AIM FOR THE MIDDLE ON WEDNESDAYS. By midweek, about half of your gross revenue for the week already should be in hand. The other half of your gross revenue should be generated by Saturday to be profitable for the week. The Partners in Business program is produced by Overdrive and the consultants at […]
June 29, 2010
Partners in Business
PIB TIP: TAKE STOCK ON TUESDAYS. If it’s a 2,000-m
PIB TIP: TAKE STOCK ON TUESDAYS. If it’s a 2,000-mile trip, delivering the week’s first load on Tuesday may yield profit. Otherwise, Tuesday is the day to take a hard look at how many miles you have and how many more you need for a profitable week. The Partners in Business program is produced by […]
June 22, 2010
Partners in Business
PIB TIP: DELIVER ON MONDAY. Profitable owner-opera
PIB TIP: DELIVER ON MONDAY. Profitable owner-operators deliver the first load of the week on Monday because doing so lets you start your week with miles already run and leaves time to be profitable for the rest of the week. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s […]
June 15, 2010
Partners in Business
PIB TIP:  WORK IN AN EXTRA DAY. A Sunday pickup or
PIB TIP:  WORK IN AN EXTRA DAY. A Sunday pickup or delivery is like an extra day’s work, since this typically isn’t a day for either task. Making the most of Sunday gives you a head start on the week and can reduce the time pressure you may encounter later. The Partners in Business program […]
June 8, 2010
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