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| Contributing Writer - ExpediteNow |
| Phil Madsen is a full-time expediter and owner-operator who drives team with his wife Diane. They left their white-collar professions in
2003 to become expediters. They love it and aren't looking back.
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Business Planning for Expediters Part XIII - Jan 10, 2009
This Business Planning for Successful Expediters series is following a business plan outline we introduced in part five. We will talk now about the Business Owners/Managers section, the sixth item in the outline.
Business Planning for Expediters Part XII - Sep 26, 2008
In part 11 of this Business Planning for Successful Expediters series, we noted that, unlike corporations, sole proprietors have unlimited liability; and that most one-truck expediters are sole proprietors. If you are a sole proprietor and someone makes a claim against your business, it is a claim against you, and your personal assets may be at risk.
Glen Rice's Trucks of the Future - Aug 1, 2008
With fuel prices high and going higher, truck owners and designers are rethinking truck specs with improved fuel economy in mind. Among them is Glen Rice, whose forward-looking sketches are pictured on these pages.
Million Dollar Mindset - Jul 19, 2008
Having reviewed the numbers of our five years in expediting, it is as clear to me as the sun in the sky that a one-truck (straight or semi), husband/wife expediting team with a good work ethic, clean record and ordinary ability, can, in 20 years or less, build a net worth of one million dollars; by setting that as their goal, acquiring the necessary skills, making certain lifestyle commitments, adopting certain business practices and using their expediting earnings to achieve it.
Business Planning For Expediters Part XI - May 20, 2008
Soon after entering the business, if not before, many expediters wonder if they should incorporate. Parts nine and 10 of this series discussed the various ways expediters can legally set up their businesses. While it may well be that you should establish a corporation or LLC at some point in your career, most expediters are sole proprietors. This part addresses business-form issues from the sole-proprietor's point of view.
How to Boost your MPG for Free - May 19, 2008
By rethinking our habits and changing our behavior, we improved those numbers. The best part is the improvements we gained were free. We did not purchase a new fuel-saving device, start using a fuel additive, change our maintenance practices or spend money on any of the dubious fuel economy enhancers that are widely pitched when fuel prices rise. Read the entire article to discover the changes we made that helped boost our mpg for free.
Stress Management - May 19, 2008
Stress is certainly a part of everyone’s life and work. But stress experts agree managing stress is not about controlling where stress comes from but in controlling our response to it. There may be little you can do to change dispatch’s mind or raise freight rates, but you can learn strategies to deal with the effects of such stressors. Stress management is a technique aimed at giving a person control over his emotions and his physical health.
Business Planning for Expediters Part X - Mar 12, 2008
In part nine of this Business Planning for Successful Expediters series, we talked about a decision every self-employed expediter must make. You must decide what kind of legal structure — also known as business form of ownership — your business will have. This part continues that discussion. Previous parts can be read online at www.ExpediteNOW.com.
Business Planning for Expediters Part IX - Feb 25, 2008
Continuing with this series, Part 9 discusses the various ways to structure your business for legal and tax purposes. We will provide brief introductions to each business form so you get an idea of what they are all about.
Business Planning For Expediters Part VIII - Sep 25, 2007
If you have been following this series, part three got you thinking about how to build a business description out of what you say about your business in casual conversation. We are now ready to put your words into formal business planning language.
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