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Growing Your Company

Published Thursday, May 01, 2008

The most common question I'm asked by small fleets is, “How do I grow my company?” Creating growth is not based on luck. Growing a trucking company requires dedication and leaps of faith, but most of all it requires a solid business plan. This plan looks at the company's potential, projects its revenue needs (over the next 10 years), and then determines where growth plateaus will occur, thus being prepared with both cash and assets as each plateau is reached. One of the biggest mistakes many companies make is trying to grow too fast. The first rule of ...

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