Posts Tagged ‘Making Your Miles Count’

Many Operators believe their Accountant is the best… they’ve been told their Accountant gets all the latest CRA updates before anyone else and they know everything about lowering taxes. The confidence they show towards their Accountant is very impressive. However, how much of that “confidence” is based on fact and how much on ignorance? (please…

I have been in the Operator business for over 30 years, and I have met thousands of Operators and Drivers. Many of these meetings have been face-to-face across my desk. Though I acknowledge that there are probably individuals who have met more drivers than I, my sampling is significant enough to warrant appreciation.  Based on…

I have interviewed several hundred operators in the last couple of months. Too many of them simply did not understand the basics of personal income taxes. I had several who stated that if the taxes are too high, they argue with the accountant until they reduce it. Others say, if it’s too high, they just…

I have had the pleasure of visiting several Asian carriers in the last few years. We also have many Asian clients at our firm, and I have seen this segment of the industry grow immensely since my wife and I were driving over 30 years ago. Our firm could easily be described as multi-cultural since…

I own two vehicles: a Toyota Tundra and a Jetta Diesel. One gets 15 MPG and the other gets 45 MPG. Mostly I drive the Tundra, all I ever see are other Toyota Tundras and when I speak to Tundra drivers, I always assume that everyone else is getting somewhere in the vicinity of 15…

A super highly contested topic such as the earning differences between a Driver or Operator is eventually on the mind of every driver in trucking. Usually, within a year or two of being a company driver, comparisons begin to formulate in their minds. Canada Revenue Agency does separate Drivers from Operators (self-employed) officially, but their…

Being an Independent Operator is more than driving your own truck. It’s about understanding the business model, focusing on what is successful and keeping away from what is not. There are two very different business models in owning your own truck: Lease Operators and Owner Operators. The term Lease Operators has NOTHING to do with…

February is always a tight month for personal finances and sometimes business finances as well. Taking time off during the holidays and having a low cash flow in January will produce sacrifices in February. In the month of “tight-uary”, scrutiny of details is the flavor of the month. Individuals do it and businesses do it…