Post on 20-Aug-2020
Getting Your Finances In Order
Editor
Randy Grider John Turner
May 18th 2010
Truckers News
CPA and Owner of The Trucker’s
Accountant
Tips for
using
the
control
panel
Getting Your Finances In Order
Editor
Randy Grider John Turner
May 18th 2010
Truckers News
CPA and Owner of The Trucker’s
Accountant
Getting Your Finances
in Order
John E. Turner, P.C.
John E. Turner, CPA
The Trucker’s Accountant
May 18, 2010
It’s not an event . . .
It’s a PROCESS
Getting Your Financesin Order
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What is the
PROCESS?
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Getting Your Financesin Order
PLAN
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Getting Your Financesin Order
Plan
EXECUTE
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Getting Your Financesin Order
Plan
Execute
MEASURE
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Getting Your Financesin Order
Plan
Execute
Measure
ANALYZE
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Getting Your Financesin Order
PlanExecuteMeasureAnalyze
ADJUST11www.truckcpa.comMay 18, 2010
Getting Your Financesin Order
PLAN
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Getting Your Financesin Order
Plan
FINANCIAL PLAN
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Getting Your Financesin Order
Plan
Financial Plan
OPERATING PLAN
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Getting Your Financesin Order
Plan
FINANCIAL PLAN
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Getting Your Financesin Order
Financial Plan:
BUDGET
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Getting Your Financesin Order
Financial Plan:
PERSONAL BUDGET
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Getting Your Financesin Order
Financial Plan:
BUSINESS BUDGET
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Getting Your Financesin Order
Plan:
Business Budget
CAPITAL BUDGET
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Getting Your Financesin Order
Plan:
Business Budget
Capital Budget
OPERATING BUDGET20www.truckcpa.comMay 18, 2010
Getting Your Financesin Order
Plan
EXECUTE
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Getting Your Financesin Order
Execute:
ACCORDING TO
YOUR PLAN
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Getting Your Financesin Order
Plan
Execute
MEASURE
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Getting Your Financesin Order
MEASURE
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Getting Your Financesin Order
Measure:
KEY PERFORMANCEINDICATORS (KPIs)
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Getting Your Financesin Order
Measure:
EXTERNAL KPIs
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Getting Your Financesin Order
Measure:
External KPIs
FUEL PRICES FREIGHT PROJECTIONS
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Getting Your Financesin Order
Measure:
EXTERNAL (KPIs)
INTERNAL (KPIs)
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Getting Your Financesin Order
Measure:
Internal KPIs
CURRENT FINANCIALSTATEMENTS
ESTIMATED TAX LIABILITY29www.truckcpa.comMay 18, 2010
Getting Your Financesin Order
Plan
Execute
Measure
ANALYZE
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Getting Your Financesin Order
Analyze:
PERSONAL ANALYSIS
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Getting Your Financesin Order
Analyze:
Personal Analysis
PROFESSIONAL ANALYSIS
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Getting Your Financesin Order
PlanExecuteMeasureAnalyzeAdjust
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Getting Your Financesin Order
Financing packages designed to reduce the risks associated with starting your own
business. Schneider Finance’s Smart Start program offers a special, no money
down, low monthly leasing plan on late-model used trucks.
Climb into the rig of your dreams with one-stop shopping on new or used tractors.
Includes an “engine-off” auxiliary cooling and heating system designed to keep you
as profitable as possible, while still being as comfortable as possible.
Schneider Finance is part of Schneider National, a nationally-recognized company
with a 75 year history. We have the largest freight base in the industry – giving
independent contractors the freight they need, when they need it.
Schneider National also provides independent contractors access to the resources
they need, such as 22 Operating Centers and our Purchase Power program that
allows you to leverage our big-company buying power (fuel, maintenance, tires,
insurance, etc.) against your operating costs for deep discounts and a higher profit
margin.
Proprietary & Confidential
Schneider Finance Provides Independent Contractors
the Tools They Need to Be Successful
Schneider Finance’s Tips For Becoming an
Independent Contractor
Gain experience with the type of freight you plan to haul (typically one to
four years experience).
Saving for a down payment is optional, but can help strengthen your
application by showing commitment to the business. It also a key to help
make your truck payment more affordable.
Take responsibility for your credit history: know what’s on your credit
report and offer a clear explanation and corrective steps you have taken
to clear up past credit blemishes.
Obtain training on the business of being an owner operator (self-paced
classes are a useful resource). Learn as much as you can about being a
successful business owner to help pave your path to success.
For more information on tractor and financing opportunities with Schneider Finance,
visit www.sfitrucks.com or call 1-800-521-5859
Proprietary & Confidential
Schneider Offers Choices in Compensation to Fit the Needs
of Each Independent Contractor
Mileage-Based Leasing Program
90¢ per mile, plus fuel surcharge and accessorial pay.
This alternative allows you to get behind the wheel and drive. Schneider handles all
load assignments for you, ensuring maximum optimization. Mileage-Based leasing is
right for you if you are an owner-operator who enjoys the driving aspect of trucking and
you prefer to receive load assignments based on optimum utilization.
Choice-based Lease Program
Offers 65% of line-haul revenue.
This option affords you maximum control. Choice-based lease program is right for you
if you are an owner-operator who has a good grasp of the business and overall
trucking industry and you are persistent about cost management, with a high level of
initiative.
For more information on Independent Contractor opportunities with Schneider
National, visit www.schneiderjobs.com or call 1-800-44-PRIDE.Proprietary & Confidential
QUESTIONS??
Randy Grider
800-633-5953 ext 1054
rgrider@rrpub.com
John Turner
www.truckcpa.com
www.jturnercpa.com
281-464-9443
Download the
Getting Your Finances In Order
webinar and Power Point at
www.truckerwebinars.com
Next Webinar
Emerging Driver Shortage Speakers: Neal Perry managing director and senior
consultant of FTR Associates and Tom Kretsinger Jr.
president and chief operating officer of
American Central Transport
June 24th
3:00pm CDT
Register Today:
www.truckerwebinars.com