The last episode was a fun one. This episode might not be so fun but will hopefully help you reduce/avoid some headaches that come along with trying to finance a truck or trailer. It is rare to make it through the loan process without at least a few bumps along the way, so buckle up!
What to Expect From Episode 6
In this episode we talk about the different types of lenders and some of the things they look for. We also give you some tips to help give you the greatest chance of success. It all really boils down to finding the right lender who best matches up with your particular situation. You may be a square peg, and some lenders might be a round …
This is a fun episode. Who doesn’t get excited about buying the truck that they are going to use to make them money. Heck, you are probably going to live in this thing 24/7 for days, if not weeks at a time. If there is a decision you want to get right, this is it. Here are some of the things we are going to talk about.
In this episode I really focus on the importance of thinking like an owner. This journey really starts with YOU and a desire for something different. For me, that was deciding I wanted my hard work to make more money for myself and not for someone else. I also wanted to be in control of my destiny, not have someone else in control of it.
Big step #2 of starting a trucking company, after setting up your business, is applying for your DOT Number and MC Number, aka Operating Authority. You can’t do much in trucking without one or both of these numbers. How do you know which one you need or if you need them at all? My buddy Tyler with Motor Carrier HQ and I cover all the basics in this episode.
This episode is a deep dive (and I mean deep into the “exciting” world of lawyers and accountants) into the foundation of starting a business. I cover how to set up your business from a legal and tax perspective. As part of this episode you’ll hear straight from two experts I interview. Preston Koerner with Koerner Legal Advisors will go over the legal piece and Jason Grant with Trackin Assets will talk about different tax considerations.
Welcome to the first episode of the Haulin Assets podcast. I’m super excited to share this project with you and sincerely hope this podcast will make your journey starting a trucking company smoother and more successful. You’ll get to follow along with me as I go through the process and participate in my successes and challenges. Hopefully, you will learn from what I do right and from the mistakes I make along the way.