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How to Be a Better Businessman as an Owner Operator

It takes more than a truck driver’s license and a few hours on the road to succeed as an owner operator. Learn how proper planning and management skills can help you grow your truck driving business in any market.

Whether you are new to your lead role as owner operator or are looking for fresh ways to expand operations and make profit, strategic planning is key. Focus and business savvy are must-have traits. By keeping your truck, your team, and yourself on the right path, you can take your truck driving career in Little Rock, Arkansas to new heights as a successful owner operator. You can start with these expert tips.

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5 Tips to Becoming a Successful Owner-Operator

Find out more about how to get started as an owner-operator in the trucking industry, and the best ways to manage your new career.

If you are interested in making the most money as a truck driver, then the role of owner-operator in Little Rock, Arkansas is ideal for you. However, it takes more than knowing how to drive a big rig to succeed as an owner-operator. In addition to being your own boss, you have to understand the entirety of your trucking business. Here are five of the most important aspects you need to consider before climbing behind the wheel as an owner-operator in Arkansas.

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Why Now is a Great Time to Become an Owner Operator in Arkansas

The recent years have been lucrative for local owner operators in the trucking industry. There is a high demand for new drivers and an increased need for freight—so, what are you waiting for?   

How Much Money Do Local Owner Operators Make?

The amount of money you can earn as an owner operator varies based on your contract with the company you work with and whether you are paid on a mileage or percentage basis. There are also various niches within the trucking industry with different compensation structures. For instance, general freight or van driving may pay less than specialized jobs, such as heavy haul work. Recent data provided by ATBS, the largest owner-operator financial services company in the United States, reported that independent owner operators earned an average of $61,167 in 2015. 2015 was also the first year that owner operator average salaries exceeded $60,000.

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Getting Started: How to Become a Successful Owner-Operator

Becoming a successful owner-operator requires dedication, discipline, and a thorough understanding of the industry. Before starting down the road to independence, learn what it will take for you to earn a living through owner-operator trucking.

Whether you are a newly licensed trucker or a seasoned professional considering the switch from company driving to owner-operator trucking, a successful business requires a great deal of preparation. The following step-by-step plan can help you build a strong foundation for your business and find owner-operator trucking jobs in Arkansas if you ultimately choose to take this rewarding career path.

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