Bookkeeping for towing businesses

3 bookkeeping tips for towing businesses

If you run a tow truck business, there are a ton of things going on at any given time. It’s easy to get swept away with the daily rush of calls, tow truck issues, and so on. While having a towing business is rewarding work, it’s also hard work. One thing that might be falling by the wayside is bookkeeping. Since you’ve got plenty to worry about already, it’s important to make your bookkeeping as easy as possible. Keeping track of numbers and such might not sound like fun, which is why we’ve got some tips to make your bookkeeping as easy as possible.

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Tommy Ruke, Founder MCIEF

An interview with Tommy Ruke, founder of the MCIEF

The transportation insurance world is complex. There’s a lot for insurance carriers to learn if they want to provide insurance coverage for motor carriers. With all the knowledge that needs to be learned, there has to be a way for agents, agencies, and even carriers to learn it. That’s where the Motor Carrier Insurance Education Foundation (MCIEF) can be a big help. We talked with Tommy Ruke, the founder of the MCIEF, to find out about how he got his start in the transportation insurance world and learn more about the MCIEF.

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Business budget

10 tips for your business budget

If you’ve got a business, you know that money is kind of important. You need money to keep the lights on and the doors open, right? So, your business budget is kind of a big deal. The only thing is that dealing with budgets and money might not be your idea of fun. It seems like a lot of work…and a lot of numbers. We’ve got a few tips to help you out with your business’s budget.

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Bodily injury liability insurance is very important.

Car insurance: What is bodily injury liability?

Though many people depend on their cars to get where they need to go, driving isn’t without its risks. Since we drive so much and ride in cars so much, we’re so used to it that sometimes we forget the danger. But accidents and wrecks happen, and that’s why car insurance is a thing. One essential coverage that you need as part of your insurance plan is bodily injury liability coverage. But what’s that, you may ask? We’ll explain.

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how to grow your towing business

Growing your towing business? Here’s what you need to know.

If you’ve got a tow truck business, you’re probably eager to see that business grow over time. And to do that, you want to get more trucks and more drivers. You really want your business to thrive, but there are a few things to consider as you work to grow your towing business. Here are six tips to think about as you’re expanding your business.

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Can a contractor sue you if they get hurt at your house?

Can a contractor sue you if they get hurt at your house?

As hard as it is to admit during home renovations: You can’t do it all. So, at some point, you may need to hire a contractor to do what you can’t. However, what if the person you hire gets hurt while working on your home? Are their medical bills your responsibility or the responsibility of the company that you hired them through? The answer, as with most things, is that it depends. Let’s take a look.

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Think about these home insurance endorsements.

4 home insurance endorsements you need to know about.

Your home insurance does a lot of cool things. It protects you from different losses, and it serves as a financial safety net. While there are a lot of great things that home insurance does, there are some coverages that you may want to add to your policy as endorsements. (Don’t worry – we’ll explain what an endorsement is in a second.) But what are these home insurance endorsements that you should know about so you can consider whether you should add them to your policy? We’ll go over four.

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Car insurance - Medical payments vs. liability insurance

Car insurance: Liability insurance vs. medical payments

When you’re shopping for car insurance, there are tons of terms and coverages that can get thrown around. Some of them are built to help you pay other drivers, but some of them are built to help you directly. Understanding which ones are which can be difficult, especially when they sound very similar. Two of these coverages in particular, bodily injury liability and medical payments insurance, can be life-savers in different ways. But understanding these coverages will take more than just a glance at their names. So, here’s what you need to know about each type of coverage.

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It's important your towing business has a mobile-friendly website.

Why your towing business needs a mobile-friendly website – and how to fix it

It’s pretty apparent in today’s society that people rely on their smartphones. Forgetting a phone charger or not having Wi-Fi can really ruin someone’s day. But why does this dependence on smartphones matter to your towing business? Because of your website. If your towing business has a website, it needs to be mobile-friendly. We’ll explain why.

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