What British Columbia speed limiter mandate means for you
Do you travel in or through British Columbia, Canada? There is now a speed limiter requirement affecting most heavy trucks, as of Friday April 5,
April 12, 2024
Part 5 | Managing CASHFLOW | 7 Steps Start-up Trucking Roadmap
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No… Cash is NOT KING… Cashflow is king.
Cashflow is simply the amount of money coming in versus coming out of the company. It is your inflow and outflow of cash.
If you have positive cashflow, this allows you to pay bills, reinvest into the business, and build a safety net for maintenance issues, low freight rate cycles, and more.
If you have negative cashflow, you can try to survive while living in debt and hope your negative cashflow doesn’t kill your business.
