partners in business

Partners in Business tip: Update your insurance basics annually

Talk to your insurance agent every year to adjust parts of your insurance policy -- here's why.

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Partners in Business podcast: Getting started as an owner-operator

This Overdrive Radio podcast covers the first four chapters from the Partners in Business manual -- from making the transition to self-employment, choosing a financial services partner, creating a strong business plan and establishing your bookkeeping.

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Partners in Business tip: Have a reserve account

The purpose of the reserve account is to set aside money for large or unforeseen items that could put a large drain on your operating cash.

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Partners in Business tip: Perform regular PM

Preventive maintenance ensures your truck is running efficiently. Here are a few items to regularly check.

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Partners in Business tip: Hire the kids

Cut your business' tax bill and provide tax-free earnings to your work-age-appropriate children. Here's how.

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Partners in Business tip: Keep an escrow account for maintenance costs

Every good preventive maintenance schedule begins with a maintenance escrow savings account. A good formula for this ties the age of the truck to cents-per-mile savings.

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Partners in Business tip: Save for retirement

If you don’t have a retirement account, start one. Here's why.

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Partners in Business tip: Opt for deadhead over layovers

Be prepared to deadhead instead of laying over. Here's why.

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Partners in Business tip: Log your spending

Record every check or debit card purchase as soon as the money is spent. Here's how.

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Partners in Business tip: The benefits of trailer ownership

While leased operators don’t have the pressing need to provide a trailer that most independents do, they often find trailer ownership has significant earning potential.

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