OOIDA offers course for those who aspire to be owner-operators

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Ever thought of becoming and owner-operator?

The OOIDA Foundation, which is the educational and research affiliate of OOIDA, can help. The foundation is offering help to drivers going through the change from being a company driver to an owner-operator, and independent drivers who desire to have a more successful trucking business.

To help take that step, the foundation offers its Truck to Success course, with the option of participating either in person or online. The annual, in-person option is a three-day course designed for drivers looking to become a leased-on owner-operator or an owner-operator under their own authority.

Truck to Success will take place Oct. 21 – 23 at the Courtyard by Marriott in Blue Springs, Missouri, as well as online via Zoom.

  • The deadline to register for Truck to Success in person is Oct. 1
  • The deadline to register for Truck to Success Zoom is Oct. 20

Participants will hear from trucking experts dedicated to helping drivers become successful business owners. The training is designed to follow a logical path along the transition from a company driver to an independent contractor to an owner-operator with their own authority.

To register for the course or learn details, click this link.

The seminar covers some of the most important points you need to deal with in order to avoid failing as an owner-operator:

  • A business plan – What is it, why do you need one, and how will it make your life better
  • Equipment – What truck is best for you – new or used
  • Equipment financing – How to avoid getting screwed over when buying equipment
  • Deciding whether to lease on to a carrier or get your own authority
  • Taxes – Keeping as much as you can
  • Working with brokers successfully

In addition, the seminar covers other issues that you have to deal with in order to be a success:

  • Insurance
  • Passing the New Entrant Safety Audit
  • Surviving a compliance review
  • Meeting drug and alcohol testing requirements
  • UCR, IRP, IFTA and more
  • Should you incorporate, or be a sole proprietor
  • Factoring
  • Current issues in trucking

Registration for both classes is open to anyone, you do not have to be a member of OOIDA to participate in the classes.