Many transportation business owners will seek the valuation of their business for a number of reasons. Often times in a distressing family situation such as a divorce, one spouse will seek the valuation. With a 50% chance of a divorce occurring in any business owner’s professional career, a valuation can become very valuable. During a […]
Transportation
Preparing for the Worst: The Unexpected Death of a Business Owner
Not long ago, a business brokerage company received a call from the sister of a transportation company owner. The owner had recently passed away unexpectedly. His sister had been designated as the executor of the estate, and had no knowledge of the transportation business. She contacted the business brokers feeling overwhelmed and seeking assistance. Unfortunately, […]
3 Decisions to Avoid When Planning the Sale of a Trucking Business
1) Neglecting “minor” issues. When approaching a sale, it is time to proactively address some issues that business owners can rationalize putting off—sometimes indefinitely. Although, these issues can seem inconsequential, neglecting several minor issues can collectively determine whether or not a deal gets done with the best buyer for your business. An example could be […]
What if My Son Wants to Buy My Trucking Business But Can’t Afford it?
Recently a trucking business owner approached me with a dilemma. He expressed that he wants to sell his business and that his son wants to buy it. However, the owner fears that his son can not afford it. Although he likes the idea of his son buying his trucking business, he is convinced that any […]
What’s New in the 2014 Corvette?
The 2014 Corvette Stingray is definitely an example of history-in-the-making. While bringing added features to such a legend-worthy model may seem unnecessary, Chevy proves that even perfection can be improved upon. Body Style The 2014 Corvette continues the tradition of a streamlined, aerodynamic body while adding features like a removable roof and carbon fiber hood […]
Corvette Stingray 2014 – Grade A, All the Way
Aerodynamics, adaptability, authenticity — the 2014 Corvette Stingray is grade A, all the way. While many features continue the tradition for which the Corvette has become legendary, others are completely new to the 2014 model. Aerodynamics The exterior of the 2014 Corvette boasts well-sculpted, streamlined styling that contribute to more than just a trendy look. […]
Malibu 2013: New Technology, New Look
With its bold new athletic appearance and high-tech offerings, the 2013 Chevy Malibu boasts exceptional precision and design, both inside and out. Offering up to an EPA-estimated 34 MPG on the highway, the new Malibu offers aerodynamic design with a purpose as well as advanced MyLink technology. MyLink Technology Chevy’s new “infotainment” system bridges the […]
2013 Suburban: Still the King of SUVs
With 78 years of experience behind it, the 2013 Chevy Suburban continues its reign as the king of SUVs. The first vehicle to be described as a Sports Utility Vehicle, the Suburban continues to find new ways to earn the long-held title. The 2013 stands apart from former model years with even more space for […]
The 2013 Camaro: More [Fun] Than Just a Toy
What do inimitable poise, impressive power, imaginative possibilities have in common? They all come together in the 2013 Camaro Coupe. We’re talking a 323-horsepower V6 engine — or a 426-horsepower V8, on the SS. With the 2LS’s EPA-estimated 30 MPG on the highway, you’ll be able to keep your eyes on the road ahead while […]
The Myth, the Legend, the 2013 Camaro
Can you hear it, now? The ZL1-inspired dual-mode exhaust of the Camaro SS provides an adrenaline-pumping sign that the 2013 Chevrolet Camaro lives up to the longstanding reputation for high-caliber performance. That aggressive sound you hear as the machine idles isn’t just a teaser — it’s a complement to high engine speeds, while quieting during […]
2013 Chevy Cruze — Where Affordability Meets Technology
In 2011, the Chevy Cruze entered the sea of affordable compact cars; two years later, it’s still making waves. With more impressive strength, style, and safety features than your average small sedan, the Cruze is certainly a force to be reckoned with, within this formerly mundane class of cars. Strength From the inside, out, the […]
Taking Responsibility with the 2013 Malibu Eco
When you see the head-turning lines of the 2013 Malibu Eco, I’ll tell you what you won’t be thinking: Now that’s a sensible little car. Instead, you’ll be admiring the streamlined aero-optimized features that make you unable to resist the urge to sit inside. Once you succumb to its irresistible invitation to sit in the […]
How Much Should You Pay for a Trucking or Freight Brokerage Business?
Every business – and every business buyer – is different. Unfortunately, this makes setting a budget for your trucking business acquisition quite the challenge. You may have your eye on a particular price range, but what you will get for your money can vary wildly. A trucking business for sale priced at the low end […]
2013 Silverado Hybrid
In recognition of Chevy Truck Month, we’ll take a look at one of the greatest advancements in trucks today: The 2013 Silverado Hybrid. A fuel-efficient, tech-savvy, full-size pickup truck, the Silverado Hybrid is America’s first truck of its kind—a two-mode, full-size hybrid pickup truck. Optimal Fuel Economy With an EPA-estimated 20 MPG city and 23 […]
How the Election Year Will Impact Your Trucking Company
From policies to regulations, the trucking business has always been influenced by politics. Whoever is elected this November, there is no question that the trucking industry will feel the heat. The good news is that, either way, it will take a while for the changes to take effect. In a recent issue of Fleet Owner, […]