OOIDA Foundation Cost of Operations

Statistics show that 25 percent of new businesses in trucking fail in their first year, and 60 percent fail by their fifth year. So how do you avoid being one of the casualties? The answer is knowing your costs of operations. Without this knowledge, how will you know what you need to earn in order to stay in business. In other words, in order to cover your costs and pay yourself.
Controlling your costs is often more profitable than gaining new business. Always remember, "This is not a money made business, it is a money saved business." A business can make money but still fail because their costs are beyond their income.
To learn more, register for our Truck to Success Seminar. Visit the link below for more details.
www.ooida.com/online-educatio...

[@JasonSmith-vd1sz]

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[@junioranderson4975]

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[@michaelspence6610]

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[@quickhit1461]

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[@Talkinglife]

Nice vid