“What we’ve found is that while many fleets work with independent contractors or offer lease-purchase programs, there is a lack of resources available in the industry for these fleets to help educate drivers on what they need to know before and after they start their own business,” Jazrawy said. “Unfortunately, many new owner-operators see their business fail, often due to business management and planning challenges. This course helps fill that void by providing company drivers and owner-operators with essential information to help them understand business risks, how to mitigate them, and the steps they need to take to position them for success.”
See also: What makes a winner among the Best Fleets to Drive For?
To create this course, CarriersEdge leveraged information from successful owner-operators, management from fleets with lease-purchase programs, and other industry experts. CarriersEdge also conducted its own research to develop this owner-operators course.
The new course provides guidance on how to select and finance equipment, details on various registrations and compliance requirements, best practices for managing vehicle maintenance, and more. In addition, It covers common problems owner-operators face when starting a business, how to avoid them, and how to navigate current industry challenges such as freight fraud and cybersecurity.