Thinking of Starting a Business? You may have been thinking of being your own boss, but just do not know the steps it requires. Here are a few important steps you should follow. Market Research Is there a need for the type of business you want to start? Who is the competition in your area? Is there a demand for your services or products? What do you expect a reasonable fee or price will be? Th…Read More
Staying Healthy on the Road 69% of truck drivers are obese 14% have Type 2 Diabetes 22% take medications for High Cholesterol The CDC reports that only 25% of drivers exercise per month. With millions of drivers across the nation, these are scary numbers. Transportation industry workers have the highest risk of chronic health problems out of any occupational group in…Read More
Finding Safe Parking According to the American Transportation Research Institute, the most common problem reported by drivers is not being able to find parking. In 2020, there were 11 trucks to every 1 parking space. On average, a driver will spend 1 hour a day looking for a safe place to park. In larger metropolitan areas, this can take even longer. 58% of drivers say they have had to res…Read More
How to Avoid Expensive Payroll Costs and Still Get the Job Done The goal of every business owner is to be profitable. The more expenses your business has, the less profitable your business will be. Deciphering what expenses are necessary or wasteful is important when observing the condition of your bottom line. One of the biggest expenses for any business is payroll and the costs surrounding the n…Read More
What is a Financial Coach and can working with one help me? Business Coaching: Is your business sucking the money faster than it’s making it? Does your profit/loss statement show a profit but you have nothing to show for it? Are you not able to pay yourself a living wage? Would you like to offer classes to your employees to help them with their personal finances? Keeping Up With The Joneses Fi…Read More
Managing Your Over the Road Trucking Company Often, when you start your own trucking company you are working both as a business owner and a truck driver. There is a lot to manage- Let’s look at some of the major responsibilities and how FR8 Solutions can help make managing your over the road trucking company a breeze. Expenses and Taxes: As a business owner, you must know how much money is…Read More
Working Together for Your Business Success – Bookkeeper vs Certified Public Accountant (CPA) Unarguably, both can be valuable to the growth and success of your business in many ways. While both bookkeepers and CPA’s duties vary from one another, an adequate and successful accounting system is set up and maintained with a coordinated effort between the bookkeeper, CPA and you. Most busin…Read More
Increasing Cash Flow by Minimizing Aging Accounts Receivables Slow-to-pay clients and unpaid Accounts Receivables will limit the cash flow that is needed for your business to stay operational. Plan ahead by creating business strategies to eliminate or minimize your unpaid transactions while maximizing your business’ cash flow. Consider ways to avoid having aging Accounts Receivables: When…Read More
The Dispatcher's Relationship with the Carrier and the Broker. It’s all very circular; without one, you don’t have the other. The common factor? An experienced dispatcher. The solid relationship between a dispatcher/carrier and dispatcher/broker doesn’t come without a ton of hard work, communication, and trust. You see, a good dispatcher works tirelessly to learn how to get the best rates an…Read More
What is the Clearinghouse? "The Clearinghouse is a secure online database that gives employers, FMCSA, State Driver Licensing Agencies, and State law enforcement personnel real -time information about CDL driver drug and alcohol violations, thereby enhancing safety on our nations roadways." Though implementation of the Clearinghouse was January 6, 2020, the rule took effect January 4, 2017. The in…Read More