Posts Tagged ‘small business’

Making Your Trucking Business Successful

Thursday, September 2nd, 2010

Thinking about having your own business in the trucking industry?. If you believe that being successful simply means that you’re spending all of your time on the road, then think again. You can only reach your goals if you learn to manage both your driving with your business.

Starting your own trucking company takes a knowledge of transportation as well as a fundamental understanding of running a sound business. If you consider that being successful simply means that you’re spending all of your time on the road, then think again. You can only realize your goals if you learn to manage both your driving with your business.

Once a plan has been written for your business, determine how best to work your plan. Running a profitable trucking business is only possible when you move in the direction of your goals on a daily basis. Be persistent if you want to be successful. After you make progress in the direction of your goals, you may find that you start accomplishing more than you had ever hoped.

Partnering with others should be built into part of your plan after you have started seeing success. The power of relationships is sometimes not thought about in terms of business. The more relationships and partnerships you can create with others in your line of work, the better. These relationships can assist in uncovering opportunities that you may not have been aware of before. While you are creating your business, take time to ask yourself exactly how you can be introduced others in your line of work and continue building your network.

When a trucking business starts to grow, so do the responsibilities associated with it. Make sure to continually re-prioritize in order to focus on activities that can keep your business up and running. Minimize any debt you might have if you wish to keep your business profitable for years to come.

Creating your own profitable trucking company begins with a strong goal and an understanding of sound business practices. To see your vision come to life, think beyond the basic fundamentals of trucking and focus your attention on running a profitable business. Find others who share your vision and can support your goals. You can create a successful trucking company with persistence and will achieve your goals with persistence.

Joe Hoovestol is the owner of Lone Mountain Truck Leasing which provides semi trucks for sale and semi truck financing on today’s best trucks. Learn more about being an owner operator with the assistance of trucking professionals.

Visit MetroGistics for all of your Vehicle Shipping needs.

Job Stability

Monday, June 14th, 2010

Believe it or not, one of the greatest turnover rates in any industry belongs to the trucking industry. A turnover rate of 100% actually exists in several fleets out there. What causes this large turnover? This is caused by many drivers in the industry leaving for another company after only working at a company for a few months.

One thing we check when we receive an application at Lone Mountain Truck Leasing that is not credit or income related is the work history of the applicant. We look at the person’s work history to see what they are doing once the truck leaves our lot, and if they’ve been employed by one company for a couple of years with thoughts on remaining there. If a driver has spent more time within a particular business, they know how to succeed within that company’s structure, and who to talk to in the business.

Just like beginning any job where you are new, you generally do not start right at the top of the business. With a large corporation (if you chose to work for one), you would not expect to be given the same pay or treated the same as those who have been with that company much longer, and have gained a significant amount of experience by being there. Even though a trucking company may not be huge, the same facts are true. Generally, the much easier and highest paying loads go to the driver with the most experience, that have shown their value through a long history with the company. The same applies to the dispatchers in the company. Why does this happen? The trucking company wants to keep their most loyal employees happy.

A brand new driver could have abilities that are just as good as anyone that has been in business for a long time. However, the new driver will always need to prove their worth before getting any type of special treatment from their new place of employment.

There are always stories from drivers at other companies or recruiters that are tell the tuckers how well a different company is doing. Drivers in the business can sometimes get involved in the “grass is always greener” mentality, which can be hazardous to the career growth of the driver. What is left out of these conversations is that the success stories are generated from veteran drivers. Because immediate success is sometimes not experienced immediately after joining a company, drivers may move to a different company. This pattern can continue occurring until they begin to spend a larger amount of time at one company and begin experience greater success.

For anyone new to the trucking business, there are some things you can do in order to check into the company you may be working for. To find out how people with varying levels of seniority are treated, talk to a minimum of one new driver in the company and one veteran driver. If you get a great feeling from both, then you may want to pursue a job with that company. Even if the company may not be what you anticipated at first, remain there for a minimum of a year. By doing this, you’ll build relationships within the company which will increase your chances of success. In the event that you still don’t favor the company, your next employer will see that you have a better job history than just moving from job to job. When you are debating about making your next move within the trucking industry, please keep this advice in mind.

Are you looking for today’s premier truck leasing provider? At Lone Mountain Truck Leasing we offer semi truck financing, allowing you to become an owner operator quickly and easily.

Visit MetroGistics for all of your Vehicle Shipping needs.