So this really goes back to your long term plan. Small trucking companies want the office to run smoothly and efficiently while at the same time it must remain cost effective. Unless you are an owner-operator (OOPs), you will need support staff. Maintain a proper business owner type of mentality and your staff will grow with you.
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Find The Best Cash Flow Solutions For Small Trucking Companies
If purchasing trucks and equipment are considered the most expensive aspects of small trucking companies, than the most stressful is maintaining a positive cash flow. Unfortunately even the largest trucking companies can face cash flow problems, but they have the resources and departments to help absorb of it.
This can be much harder for small trucking companies. One of the biggest headaches is the turnaround time for invoice payments. In the trucking industry it isn’t a simple payment when services are rendered. Usually invoices are paid on 45 or 60 day cycles. What this means is that you might have to wait almost two months to get paid!
