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Dollars & Sense

How to Navigate a Cash-Flow Crunch

By Sean M. Lyden - Staff Writer
Posted Sep 23rd 2019 1:03PM
A union strike that shuts down several automotive plants. Trade wars that create economic uncertainty. A drone attack in Saudi Arabia that drives up global oil prices. These are just a few recent events outside of your control that may be impacting your business as an expediter. So, how do you respond when your business starts taking a hit? Focus on what you can control—cash management. Ideally, you will have built up a large enough emergency fund to weather most economic ...
  • Keeping Good Records to Keep More Money in Your Pocket

    By Sean M. Lyden - Staff Writer
    Posted Aug 26th 2019 9:00AM
    How you keep and organize your business receipts can make a significant impact on how much profit you get to keep after ...
  • 4 Mistakes to Avoid with Your Credit

    By Sean M. Lyden
    Posted Aug 19th 2019 9:00AM
    Knowledge is power. And when it comes to your credit report, knowledge is buying power. That’s because your credit sco...
  • Risky Business: 4 Insurance Mistakes Owner-Operators Should Avoid

    By Sean M. Lyden - Staff Writer
    Posted Sep 17th 2018 9:00AM
    When you got into the expedited trucking business, you had visions of all the exciting possibilities if things went acc...
  • How to Strengthen Your Credit to Buy Your First Truck

    By Sean M. Lyden - Staff Writer
    Posted Aug 13th 2018 11:03AM
    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?

    By Sean M. Lyden - Staff Writer
    Posted May 7th 2018 10:14AM
    A family member passes away unexpectedly. Your partner gets sick or injured. Your truck breaks down. When there’s an ...