Owner Driver

Money in a hurry

CASH FLOW is arguably the most important determination in whether a business succeeds or fails, and this is no more evident than in the Australian road transport industry. Our experience has shown that for owner-operators uncertainty and inconsistency of payment are the major contributors to business closure.

Recent research by the Australian Small Business and Family Entrepreneurship Ombudsman (ASBFEO) highlighted a persistent trend in payment times extending beyond typical timeframes of 30 days to 120 days, which is a penalty very few businesses can absorb. Unfortunately,

You’re reading a preview, subscribe to read more.

More from Owner Driver

Owner Driver2 min read
Federal Government Tops Up Rest Area Funding
Assistant Minister for Infrastructure and Transport, Carol Brown, has confirmed that the Albanese will deliver on its commitment to truckies through an $80 million commitment to new and refreshed rest areas. The funding is in addition to the $60 mill
Owner Driver5 min read
Licence Lunacy
Reaching a new decade of life in a state of good or even reasonable health is always a milestone worth celebrating, quietly or otherwise. As a close mate likes to say, “Life is there to be lived, so get on with it.” It’s a maxim which takes on even g
Owner Driver1 min read
North America To Charge Up With New Network
The Volvo Group and North American-based Pilot Company have signed a Letter of Intent for the development of public, high-performing charging infrastructure for medium- and heavy-duty electric vehicles. Volvo Group says the strategic partnership will

Related Books & Audiobooks