CarriersEdge released “Owner Operator Business Skills,” a new business training course for new and aspiring owner operators.
“What we’ve found is that while many fleets work with independent contractors or offer lease-purchase programs, there is a lack of resources available in the industry for these fleets to help educate drivers on what they need to know before and after they start their own business,” says Jane Jazrawy, CarriersEdge CEO. “Unfortunately, many new owner operators see their business fail, often due to business management and planning challenges. This course helps fill that void by providing company drivers and owner operators with essential information to help them understand business risks, how to mitigate them, and the steps they need to take to position them for success.”
Key takeaways:
- The course was created to educate current company drivers about skills and information needed to start their own business and serves as a resource for commercial drivers who have recently transitioned to becoming owner operators.
- To create this course, CarriersEdge leveraged information from successful owner operators, management from fleets with lease-purchase programs, and other industry experts.
- The new course provides guidance on how to select and finance equipment, details on various registrations and compliance requirements, best practices for managing vehicle maintenance, and more. It also covers common problems owner operators face when starting a business, how to avoid them, and how to navigate current industry challenges such as freight fraud and cybersecurity.