Businesses of all sizes enjoy sales and the revenue that follows. New, small, and even large businesses are vulnerable to cash flow issues, which is w...
3 Ways Fleet Owners Can Lower Fuel Costs
Of all the expenses that concern fleet owners, fuel costs are near the top of the list. In addition to making up a sizable part of every fleet’s budge...
Oil and Gas Distributors: Maintaining Strong Cash Flow
Oil and gas distributors cover a large area – supplying houses, businesses, and gas stations with the fuel necessary to keep people warm and to keep o...
Business Finances: Keeping Costs Low and Cash Flow High
Business owners across all industries are constantly looking to lower expenses and improve cash flow. In order to get a better handle on business fina...
Prevent Unpaid Receivables from Spiraling out of Control
Unpaid receivables can be a pain point for businesses. Waiting on payments from clients can place downward pressure on cash flow, and deplete internal...
Unsettled Client Accounts: Making Accounting Easier for Your Business
Whether your business has an in-house accounting department or you use an outside CPA, unsettled client accounts can throw a wrench into your finances...
Drug and Alcohol Clearinghouse Experiences Turbulent Launch
The FMCSA’s Drug and Alcohol Clearinghouse officially launched early last month. Within the first few hours, the clearinghouse was overwhelmed by peop...
Avoiding the Pitfall of Using Short-Term Loans to Bridge Gaps in Capital
Businesses need access to working capital to thrive and grow. However, there are times when working capital is low and cash flow is tight. While many ...
The Relationship Between IRS Tax Obligations and Cash Flow
It’s that time of year again, when businesses start preparing their quarterly 941 forms and figuring out their IRS tax obligations. While taxes may no...
How Much Does It Cost to Start and Operate a Trucking Company?
In an industry that generates over $700 billion in revenue annually it is easy to see why many people think of starting and running their own trucking...
Fuel Cost Projections for Q1 2020 and the Impact on the Trucking Industry
As we kick off 2020, the trucking industry is wondering about fuel cost projections for the first quarter and how much drivers will pay at the pump. W...
Invoice Factoring and Cash Advances: How Do They Stack Up?
When businesses are looking for fast access to working capital, two options come to mind: Invoice factoring and cash advances. However, the two are ve...
Drug and Alcohol Clearinghouse Has Trucking Industry Looking for New Hires
The Federal Motor Carrier Safety Administration (FMCSA) will make their Drug and Alcohol Clearinghouse mandatory as of January 6, 2020. While one of t...
Business Growth and the Impact of Loans
Whether you are rolling out new services, trying to tap into markets in new locations, or expanding your facilities, business growth doesn’t happen ov...
With Credit Requirements Tightening, Trucking Companies Face Financing Worries
The trucking industry has received the advantages of relaxed credit requirements for years now. If one thing became evident after the big recession of...
Revenue Cycles: Keeping Up with the Pace of Today’s Business
For small businesses spanning all industries, uneven revenue cycles are not uncommon. Big gains in one quarter are not necessarily an indication of a ...
How to Build Working Capital Reserves for Your Trucking Company
Working capital plays a large part in the success of any trucking company. Having capital on hand to cover expenses, meet payroll, get new equipment, ...
Business Accounting: Getting Receivables Under Control
For businesses that issue invoices with staggered payment schedules of 30 days or more, keeping track of outstanding client accounts can take up a lot...
Cash Flow and the Year-End Push in the Trucking Industry
Everyone in the trucking industry counts of the last three months of the year for an increase in revenue. While 2019 may not experience the capacity d...
Shutdown has little effect on FMCSA Operations
The lasting shutdown of certain portions of the federal government has little effect on employees at the two U.S. DOT . This group is typically tasked...
