Becoming your own boss as an owner-operator can be a wonderful thing. While growing a new trucking business comes with many challenges, there are many rewards, as well. Making more money is probably the single most important one. That’s why Integrity Factoring would like to provide you with the following tips for surviving in the…
With November just around the corner, winter is well on its way. This means dangerous driving conditions for truck drivers everywhere. At Integrity Factoring, we care about our clients. That’s why we’d like to provide you with some critical winter safety truck driving tips, whether you are new to the industry or have years of…
Every small business goes through rough patches when money is tight while trying to make ends meet. In fact, over 50% of small businesses fail within the first four years due to a lack of money. Furthermore, cash flow problems can also lead to other problems, including: Inability to plan for the future Inability to…
This is nothing more challenging than owning a transportation company than having to deal with unexpected repairs. Not only are you stuck with a truck that isn’t working but you’re stuck with an expensive repair bill as well. If you have the money you need to make necessary repairs, this is only a minor inconvenience.…
There’s no way around certain rules and regulations when it comes to starting your own business. Whether it’s a brick and mortar store or your own trucking company, being a business owner requires you to sift through certain paperwork. One of the most important steps is acquiring the proper licensing. That’s why Integrity Factoring would…
Most trucking businesses use bookkeeping programs that effectively enable them to design their company’s invoice within minutes. Simply put in some key data, drop your logo onto the invoice and you’re ready to send. Be that as it may, some bookkeeping programs may not walk you through the fundamental components that should be included. Having…
Throughout the U.S, hundreds of small businesses open up every day. In fact, more and more people are leaving their normal jobs to work for themselves. This, in turn, provides us as consumers with more products, services, and opportunities. However, small businesses often have to face hard competition from larger, more established companies. That’s why…
Invoice Factoring Tips Developing a prompt approach to billing and collecting client payments is extremely important to maintaining the financial strength of your company. That’s why Integrity Factoring would like to provide you with the following invoice factoring tips for handling collections to improve company cash flow. Know Your Clients Working with clients that you…
Invoice Factoring Tips If you’re in the process of starting your own trucking company, you’ve probably heard the phrase “starving startup”. Why? Most people assume that the odds are against them when it comes to surviving their first year in business. In reality, however, approximately 75% of small business startups make it past their first…
Invoice Factoring The economy is unpredictable and the demand for certain products and services fluctuate depending on a wide variety of reasons. That’s why it’s important to stay on top of business finances, especially in the early stages of company development in order to avoid bad debt. Bad debt is money you are unable to…