What is the SMS Report and how does it affect my DOT? SMS stands for Safety Measurement System. Its function is to help the FMCSA identify carriers with potential safety issues so that they can intervene and get that carrier back on track before a serious event. The SMS report [...]
DOT Compliance can be time consuming and oftentimes frustrating when you are trying to do it on your own. Not only are you trying to “keep trucking” as every load counts on your Companies bottom line, you are also trying to remember all the things you need to stay compliant. [...]
Advantages to Outsourcing Work – Keep the Mounting Payroll Expenses Down The goal of every business owner is to be profitable. The more expenses your business has, the less profitable your business will be. Deciphering what expenses are necessary or wasteful is important when observing the condition of your [...]
Available and Flexible Co-working Office Spaces and Meeting Rooms Networking can be a big part of growing your business. Schedule your next networking event at the FR8 Solutions conference room. The perfect workspace is waiting… get out of that home office and into a space that induces creativity [...]
Need Cash Fast? Considering the Factoring Company Option Not all factoring companies are the same but here I will provide a generalization of factoring companies. You will need to read the details of the agreement with the factoring company to evaluate what their specific details and conditions are. The [...]
Avoiding Common Entrepreneurial Mistakes Every new business owner wants to be successful in their business adventure. Unfortunately, not all entrepreneurs achieve such success. Here is a list of common problems new business owners may encounter: The need to be brutally honest. Being brutally honest with yourself regarding business [...]
Hours of Service (HOS) can often times be a frustrating aspect of driving. The rules are constantly evolving, and it can be a task to keep up with all the changes at times. HOS The Final Rule On June 1, 2020, FMCSA revised four provisions of the HOS regulations to [...]
Planning Ahead What changes will you make to your accounting or bookkeeping process for this year? Here are a few ideas for making next tax season painless. Consider an accounting and/or bookkeeping product. There are many options to choose from. Xero, Sage, QuickBooks, NetSuite, and Wave (which is a free [...]
WEIGHT DISTANCE TAX IFTA is not the only tax you are required to pay when you cross into other jurisdictions. In addition to IFTA, there is the HVUT 2290 Tax (we will go over this in another blog post) and the four states that require a weight distance tax as [...]
Staying Relevant in your Business: Is it Time to Evolve? The 2019 COVID pandemic rattled people and businesses to the core around the globe. A confrontation with the deadly illness could have tragic results and it did not depend on a person’s age, race, societal status or wealth. The [...]