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...
How to Choose the Right Invoice Factoring Company (Updated 2022)
Selling your receivables to a factoring company for cash flow is a great way to start and grow your business. Unfortunately, not all factoring compani...
Factoring Vs Traditional Bank Loan (Updated 2022)
Making the hard decision of a Factoring vs Traditional Bank Loan to help with cash flow and working capital is essential. However, carefully making th...
Invoice Factoring vs Debt Collecting (Updated 2022)
As a business owner of a growing company, making the right business decisions can be the difference between the survival or end of your trucking compa...
How Invoice Factoring Can Help Your Business (Updated 2022)
The trucking industry is a fast-paced business constantly changing with innovation and regulation. Therefore, many trucking businesses look for ways t...
Transportation Affected by Tariffs (Updated 2022)
For the first time in years, ground and ocean transport are facing significant impacts, some negative while others will only cause re-assignments. As ...
ELD Tips (Updated 2022)
ELD TIPS:As we near the ELD (electric logging device) deadline, Single Point would like to give you some ELD Solutions and tips to help keep/get you c...
