Though owning your own truck (and trailer) can be a great business, you have to be careful or you could end up putting all of your hard-earned money back into your business. Many owner-operators don’t think ahead.
Here are some common mistakes that owner-operators make.
- Choosing a truck based on the make or color. Too many owner-operators don’t put enough thought into the truck that they are going to drive. It is more important to buy a truck that you can afford than it is to have a flashy one on the road. Good maintenance is also important if you want it to last.
- Not maintaining the truck. Regular maintenance is essential to keep your truck running smoothly. Make sure that you monitor your tire pressure and all of the fluids in the truck. Walk around before every ride to make sure that everything looks good. If something doesn’t look right, fix it right away. If you wait, it could end up costing you a lot more time and money to get it back up and running.
- Not getting help. Though you want to save as much money as possible, there are going to be times when you are going to need help. A good mechanic will only help your business grow. An accountant can keep your records up-to-date so that you know that your business is on track.
Many owner-operators choose the wrong truck for the job. Instead of a reliable truck (with a decent price tag), they go for the flashy one that they can’t afford. Then, they don’t maintain it the way that they should so it doesn’t end up lasting as long as it could!
Don’t hesitate to contact us for all of your commercial truck insurance needs. We offer insurance for commercial trucks in Florida, Georgia, Texas, North Carolina, South Carolina, Tennessee, Illinois, Iowa, and Nebraska.