Dollars & Sense
Risky Business: 4 Insurance Mistakes Owner-Operators Should Avoid
A new expedite straight truck can cost anywhere from $170,000 to over $200,000, depending on the "bells and whistles" you put on it. That's a big investment--and risk--especially if you're new to the expedited trucking business.
So, how can you prepare to buy a new truck in way that reduces your risk and puts your business in the best position to succeed?
Use this four-point checklist as a guide.
#1. Low Expenses
When veteran expediters Linda and Bob Caffee bought their f...
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How to Strengthen Your Credit to Buy Your First Truck
Your credit score not only impacts whether or not you get approved for financing to buy your first truck but also sever... -
What’s Your Emergency Plan?
A family member passes away unexpectedly. Your partner gets sick or injured. Your truck breaks down. When there’s an ... -
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How to Build Your Cash Reserves to Succeed for the Long Haul
As an expedite owner-operator, you want the freedom to be your own boss, earn a good living, and provide for your famil... -
A 6-Point Checklist for Evaluating Lease-Purchase Programs
If you’re new to expediting and want to become an owner-operator, but you’ve been affected by past credit challenge... -
Preparing Your Finances to Buy a New Truck
A new expedite straight truck can cost anywhere from $170,000 to over $200,000, depending on the "bells and whistles" yo...