Tutorials :

Trucking Business Finances

      Author: Baturi   |   09 July 2022   |   comments: 0

Trucking Business Finances
Published 7/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 2.67 GB | Duration: 2h 0m
How to use working capital for trucking business, How to make trucking business profitable, Measuring truck expenses etc


What you'll learn
Ways to use a working capital loan for your trucking business
Tips to pay off your truck loan fast
Things you do not know about getting a truck loan
Your full guide to small business administration ( SBA)
How to make a trucking business profitable
Tips for running a successful trucking company
Nine tips to manage expenses in your trucking business
Trucking repair loan
How to use trucking business loan
How to finance a trucking business
Requirements
No requirement
Description
A well managed trucking business has the potential to generate good returns, but such a business often requires high start-up capital. Anyone entering the trucking business should have access to adequate financing for the purchase or lease of trucks and trailers. Additional expenses are incurred in the purchase of software and hardware required to truck movement of trucks. There are a number of ways to finance your endeavor, from bank loans to venture capital, which depend on the stage of your business and how your business is doing at the moment. There are so many types of trucking loans to consider such as business line of credit, equipment financing, commercial truck loans, business credit cards and small business administration loans etc. Do not rush in taking loan, before you submit your loan application, make sure to take time and weigh all your options. While most trucking business owners pursue term loans, you should also review other financing products. l must caution business people that loan is not free, every business person must make sure that they have the skills and competence to manage their borrowed money well because it can even bring down your business when you poorly manage the loan. In fact there are some businesses that do not even need loan when they manage their business well. Careful trucking business expenses is very important at all levels of the business. In the trucking business there are somethings that the business must be careful about such as maintenance, effective route planning, choose your market niche wisely, be very careful on your budgeting etc. l must say that at a certain point in business you do not need loan but you need credible partners who will bring in money to have equity in the business, all this must be taken into consideration when your company need financing for the business.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 How to finance a trucking business
Lecture 3 How to use trucking business loans
Lecture 4 Best loans for truckers and trucking companies
Lecture 5 Types of business loans for commercial truckers
Section 2: How To Make A Trucking Business Profitable
Lecture 6 Managing your trucking business costs
Lecture 7 Optimize loaded miles
Lecture 8 Plan ahead for scalable growth
Section 3: 9 Tips To Manage Expenses In Your Trucking Business
Lecture 9 Maintenance
Lecture 10 Fuel - saving methods
Lecture 11 Invest in a transport management system
Lecture 12 Ensure you understand your expenses
Lecture 13 Budgeting
Lecture 14 Route planning
Lecture 15 Protect your cargo from theft
Lecture 16 Choose your market niche wisely
Lecture 17 Know when to outsource and insource business function
Section 4: 10 Tips On Running A Successful Trucking Company
Lecture 18 Find the right market or niche
Lecture 19 Start with a business plan
Lecture 20 Register your trucking company and get the right permit
Lecture 21 Buy or lease the right equipment
Lecture 22 Run an efficient bank office
Lecture 23 Actively look for loads and others
Lecture 24 Ensure compliance with regulations and safety protocols
Lecture 25 Truck your income and expenses
Lecture 26 Hire the best driver and maintain them
Section 5: Your Full Guide To SBA 7(a) Trucking Loans
Lecture 27 What does an SBA 7(a) trucking loan cover
Lecture 28 What you can use SBA 7(a) loan for
Lecture 29 Are you eligible for an SBA 7(a)
Lecture 30 How to apply for this loan
Lecture 31 What to expect during the process
Lecture 32 What to do if you need money fast
Section 6: Tips To Pay Off Your Truck Loan Faster
Lecture 33 Do a financial inventory
Lecture 34 Make bi-weekly payment each month
Lecture 35 Refinance your loan
Lecture 36 Say "NO" to skipping payments
Section 7: 8 Ways To Use A Working Capital Loan For Your Trucking Business
Lecture 37 Bridge payment delays
Lecture 38 Pay staff
Lecture 39 Stock up on inventory
Lecture 40 Help weather the storm
Lecture 41 Market your trucking company
Lecture 42 Hire the best
Lecture 43 Test the waters
Section 8: Five Things You Do Not Know About Getting A Truck Loan
Lecture 44 How does it work
Lecture 45 What determines eligibility
Lecture 46 Terms and rates
Lecture 47 What if I have a poor credit score
Section 9: Truck Repair Loan
Lecture 48 Truck repair loan
Trucking companies, truck owners, owner operators, financial institutions, logistics firms, trucking customers, trucking employees, Trucking agencies, ministries of transportation, trucking associations, trucking authorities, managers, directors, CEO, Trucking consultants, Trucking repairers etc

Homepage
https://www.udemy.com/course/trucking-business-finances/




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