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The Insurance Zone - Looking Ahead
By Shelly Benisch, Commercial Insurance Solutions
Feb 8, 2010 - 9:25:17 AM
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The recession has been difficult for everyone. Staying profitable is
the key to survival and true success in Expediting obviously takes hard
work, but it also takes REAL planning.
I can’t think of a better time of the year to sit down and review
operations as small business owners. It’s no secret that Owner
Operators who have their business plans and objectives in place have a
much better chance at success than the Owner Operator that relies on
their Motor Carrier Company to handle everything for them.
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It’s your business, you are the “Independent Contractor”, so do your
homework as the small business owner. Know the difference between your
operating expenses and personal expenses or discretionary spending.
As you know by now from reading my column, we specialize in offering
Expediting Insurance to Owner Operators and Motor Carriers. I review my
OWN insurance for my agency every year to make sure I have the correct
coverage at the correct price. I also review my other expenses to
decide what is necessary and what is not. Every year try to find ways
to run more lean and mean.
As an Independent Owner Operator, review your settlements, your
insurance and other expenses to understand exactly what it costs for
you to operate per mile. Can you save by adjusting any of these
expenses? You’ll feel better when you’re in control of your costs and
know that you’ve done everything to can to keep your small business
operating profitably.
It’s never too late to review how and where you stand on your expenses.
Take a few minutes today to look at ALL your numbers. Make a few
decisions, and now you have a plan. Stick to it and earn more in 2010!
© ExpediteNow.com
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