“Think like a Buyer” – Prepare Your Transportation Business for Sale
Buying and selling a business involves a meeting of the minds – and those minds often come from…
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Think Like a Banker and Set up Your Transportation & Logistics Company for Success
In a capital-intensive industry like transportation and logistics, a strong relationship with your financial institution can improve your…
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Where’s Your GAAP: Transportation and Logistics Companies Need Clean Financials to Grow and Sell
When I open a new client’s books to look at net income, I usually see a rollercoaster. Huge…
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Cash Flow Forecasting for the Transportation Industry: Down-Cycles Happen, Bad Decisions Don’t Have To
Every industry goes through down cycles, transportation and logistics included: After the pandemic freight boom, we’ve seen gas…
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How to Improve Your Trucking Company’s Profit Margin
Operating a business in the trucking industry has always been a challenge, but recent years have been exceptionally…
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How to Improve Accounting for a Transportation Business: 4 Essential Cash Accounts
The trucking industry is a backbone for economies worldwide, but trucking business owners know well that the accounting…
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Expense Groupings for Transportation and Logistics Companies: Why the Categories You Use Impact Your Bottom Line
In a capital-intensive industry like transportation and logistics, expenses are high and profit margins are tight: A healthy…
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RECORDED WEBINAR: Financial Metrics for the Transportation and Logistics Industry
Financial metrics are important for all businesses, but each industry has specific metrics they need to monitor. Which…
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