OOIDA presents Truck to Success course on becoming an owner-op
September 28, 2021
•Land Line Staff
At the end of October, OOIDA plans to present its Truck to Success course for drivers thinking about becoming an owner-operator.
There still is time to sign up.
The Truck to Success course is a three-day deep dive into the ins and outs of becoming an owner-operator. The course is scheduled for Oct. 26-28 at the Courtyard Marriot in Blue Springs, Mo. For those unable to attend in person, they can attend the classes via Zoom web conferencing.
The preview of the course addressed one of the key topics of the three-day Truck to Success course curriculum, cost of operations. It previously was offered via Zoom web conferencing on July 20.
The cost of operations preview segment covers:
- Comparing operating assets with liabilities.
- How to manage costs and be able to realistically project your financial success.
- How to determine how much cash flow you will need to have in order to succeed.
- Show your cost of operations, including the fixed and variable costs.
More information can be found on the OOIDA Foundation webpage. Follow this link.
For anyone seriously considering the jump
If you are thinking about taking the next big step in your career to become an owner-operator, it is important that you put yourself on the path to success. This course offers step-by-step guidance from the industry’s leading experts since 1973.
The cost of the course for those attending in person will be $495. Guests of attendees will be charged $125 to cover the cost of food. Attending the course online will cost $250.
As an added bonus, truckers who register for the course before Oct. 1 will receive a free year’s membership to OOIDA.
Truck to Success features trainers, both from OOIDA and other trusted experts, who are in contact with owner-operators on a daily basis to provide course participants the most up-to-date information possible.
If you are serious about your choice to become an owner-operator, then allow OOIDA’s expert staff, as well as their partners, to guide you from a company driver to a leased-on owner-operator, and/or to an owner-operator under their own authority.
OOIDA’s most recent Truck to Success course was in October 2020 but was offered online only because of coronavirus restrictions. For this October, OOIDA plans to offer the course in person and online to give truckers the opportunity to participate even if they can’t make it to the Kansas City area for three days this fall.
The course is presented by the OOIDA Foundation, the research and education arm of the Association. The OOIDA Foundation’s mission statement is to fight for the rights of all truckers through education and research.
Whether you are a company driver or an owner-operator who is struggling to make ends meet and looking for a refresher program, the OOIDA Foundation hopes you will take advantage of this opportunity and let them assist you on the road to success.
The extensive Truck to Success training curriculum will include:
- Developing a business plan that works for you.
- Equipment. You’re going to need a truck. New vs. used?
- Equipment financing.
- The big decision to be an owner-operator under your own authority or lease on to a carrier.
- New entrant safety audit and a compliance review.
- Drug and alcohol consortium and requirements.
- Permits and licensing.
- Taxes and business structures.
- Brokers and factoring.
- Current issues affecting the industry and how to respond to them. LL