Exit strategy

Exit strategy

Having a way out of difficult times makes the transition easier

What if competition becomes tight and rates go down in the lanes within which you operate your trucks?  Do you have an exit strategy in place? This is about finding a new, better and more profitable direction in which to take your business or a way to gracefully get out of the business with the least damage to your finances.

Many new carrier owner/managers—and even those who have been in business for a time—forget to assemble an ‘exit strategy’ in th

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