It takes guts, smarts and hard work to create a successful business. Just ask any truck driver who decided to become an owner-operator.
In addition to finding customers and delivering goods on time, the owner-operator must be a savvy negotiator, have a solid knowledge of bookkeeping, excel in customer service and problem-solve on the fly. They must find reliable and trustworthy vendors for the tasks that they can’t do themselves. And they need to do all of this on a consistent basis to stay competitive.
This paper examines some common challenges for:
- The company driver making the transition to owner-operator
- The owner-operator leasing their truck to a company
- The independent, well-established owner-operator building success