Author: Phil

If you have been running an expediting business without a budget and have also been following this series to improve your results, this is a moment of truth. There is no way to have a good business plan without a budget.In this...

Our suggested outline uses business planning language. It is the kind of language a banker expects to see in a business plan.In this step-by-step Business Planning for Successful Expediters series, we have discussed the...

A banker probably has no idea how good it can feel to have lots of chrome on the truck. He or she will immediately understand that the more you spend on chrome, the lower your ROA will be.Expediters are often approached by truck...

A written business description is a component of a business plan. Your business description tells the key people in your business life what you want them to know.Expediters are often approached by truck drivers and others who...

Because a business plan is a written document, it forces you to state your goals in writing and in words that make sense to your advisors and peers.***image1***The first article of this series introduced the concept of business...

People who take a business planning approach to their insurance get better rates than those who jump from one company to the next, hoping to save money. That's because business planners make better choices.Part I While some...