The Volt is revolutionizing the electric car industry. It is so unique because it is the first ever electric powered car to run on both electricity and gas. Super Gas Savings The electric source permits you drive gas-free for 35 miles. The Volt has an on-board gas generator that yields electricity, so you can reach […]
Transportation
3 Possible Lending Options for Transportation Business Owners
Like many areas of the country, your city’s lending climate for businesses is probably a mixed bag. On the positive side, many successful businesses looking to expand their companies can find traditional financing options available to them. However, on the negative side, available credit will probably be less than formerly available. From credit scores and […]
Do You Need a Revised Exit Strategy?
If you planned ahead by including an exit strategy in your business plan, you deserve a pat on the back for being thorough. At the same time, your original plan may no longer be relevant. As your personal life changes, business priorities shift, and new industry-wide regulations come into play, your plan will need to […]
Buying and Leasing and Taxes, Oh My!
If you own a transportation business, you know that determining how to acquire your fleet is a huge decision. New equipment can certainly help you edge ahead of your competition, and the basic options of buying and leasing have fairly clear general pros and cons. Cost is often a major determining factor in transportation business […]
5 Key Documents for a Successful Transportation Business Sale
Someday, perhaps we’ll no longer need hard copies of official documents for legal purposes, but for now, you still have a lot of paperwork to get in order before you put your transportation business up for sale. The following documents are the most important ones you’ll need to secure in order to ensure a successful […]
2013 Chevrolet Equinox
Article by Natalie Potter, Sozo Firm intern. The all new 2013 Chevrolet Equinox is now expanding its horizons in many areas such as a new available engine, new safety features, new exterior colors, a new suspension, and new interior features. The 2013 Equinox is expected to provide drivers with an all new driving environment while […]
Are You Eligible for a Vehicle Tax Deduction?
Nobody enjoys writing checks to Uncle Sam. This year, the experts at Thornton Chevrolet suggest researching whether you can add an extra deduction to your state and local taxes by purchasing a new car. These deductions cover transportation expenses for any business. Many vehicles used for business tax deductions will have the logo or contact […]
How Much Is Your Trucking Business Worth?
When you sign up for a valuation of your transportation business, conducted by The Tenney Group, we hope you’ll be pleasantly surprised by our estimation. However, this essential part of setting a price includes no guarantees. In fact, business owners often inadvertently do things to lower the value of their business just when keeping the […]
How to Jump Start Your Car
You are in a hurry and your car won’t start. Maybe you left the headlights on overnight, or maybe your battery is simply on its last legs. Whatever the reason, you need to solve this problem and get on your way fast. Follow the ten steps below to jump start your car and get back […]
Garner More Revenue From A Limo Business Sale
The best place to start when selling any business is with a business valuation. Settling for the price a valuation sets may not be in the cards for a smart limousine business owner. The value of a business exists in three aspects: assets, liabilities and buyer perceived value, all of which are equally important to […]
4 Signs Your Transportation Business Isn’t Ready To Be Sold
Even if you feel like this is the right time for you to sell your business, your business may not be ready to be sold. Before you even secure a professional business valuation like The Tenney Group’s industry-specific TransValuation, you would do well to consider whether your business shows any of these top four signs […]
How Do I Choose a Good Business Broker?
Hiring a broker is one of the smartest choices you could make in your efforts to sell your business. By choosing a broker who specializes in your field (like Tenney Group, who specialize in the buying and selling of transportation businesses), you acquire the skill and know-how of a specialized expert in addition to general […]
Safe Truck Driving
As a trucker, one of your greatest responsibilities is driving your vehicle safely. One of the best ways to ensure safe driving is to practice driving defensively. One way to do this is to always look ahead. Often, drivers will fall into the habit of “tunneling in” on the car in front of them, but […]
Getting Organized to Ensure a Successful Ambulance Business Sale
If you’re looking to sell your medical transportation business, it is extremely important that you become organized. If your sale process is sloppy, buyers will assume that your business is run just as carelessly and will be less likely to express interest. First, make sure you are very familiar with both your facility and your […]
Is Consolidation Right for Your Transportation Business?
According to Mergermarket, an M&A research group, U.S. business mergers and acquisitions hit a high mark in 2011 that hadn’t been seen since 2007. If you’re the owner of a small transportation business, you may envision consolidation as similar to a large company swooping down like a vulture to eat up weak competitors. By contrast, […]