Millions of Americans spend thousands of dollars
on making themselves healthier. People pledge to lose weight, get more exercise
or quit smoking. But somewhere lost in their resolve is financial health. The beginning
of the year is the perfect time to get your business in shape.
Organize your records It you cant or don't have the time, hire a good accountant.
Find someone who knows the trucking industry and have him or her show you how to
do this important task.
Commit to driving for fuel efficiency A difference of one mile per gallon can amount
to $5,000-$6,000 per year. With higher fuel prices and more scarce freight, better
fuel efficiency can keep your business afloat
Save more money If you are not saving now, start out with $50 a month, then increase
it as circumstances allow. If you are already saving, kick it up a notch.
Reduce credit card debt If necessary, get help from your accountant or financial
consultant.
Control your spending Many owner-operators who have financial difficulty make enough,
but they over-spend. Make a budget and stick to it. Give yourself an allowance each
week for non-essentials and don't go over that amount.
Are You On Line?
Marvin Johnson & Associates is compiling an e-mail directory. Using e-mail is
an effective and efficient communications method. We are using it whenever possible
and want to expand its use. If you have an e-mail address, we want to hear from
you. Contact:
mbonham@mjai.com.