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IFTA Fuel Tax Return: How To Grow Your Trucking Business?

November 23, 2021 0IFTA DecalIFTA Fuel Tax ReturnsIFTA PermitIFTA Program

Every trucking company owner wants to see their business develop just like every entrepreneur in the world. But competing with larger fleets and industry leaders can sometimes be difficult and impossible because they offer more aggressive pricing, hire drivers more quickly, get better discounts from their suppliers, and deliver faster. These issues can make expanding your business challenging. Not to mention the regulation trucking companies needs to follow. These include filing IFTA Fuel Tax Return, obtaining IFTA Permit, IFTA Decal, IRP Plates, and many more.

So, what can you do to compete with the big guys and grow your trucking business? Global Multi Services have compiled vital tried-and-true tactics that successful trucking business owners use to get their companies on the right path for prudent growth.

USE STATE OF THE ART TECHNOLOGY

As a business owner, you have many responsibilities and need to make sure everything is in order.  From ensuring your trucks are in good condition to hiring the best drivers, dispatchers, managers, and many more. These can sometimes be tough but, the good news is that technology can help you out. Using state-of-the-art technologies helps to be organized, manage finances, coordinate with drivers, and reduce stress.

It also helps truck drivers navigate the road, record miles and fuel gallons in each jurisdiction, determine the best routes, and many more. These ensure safety, compliance, productivity, maintenance, and efficiency in your trucking business. Tap into the growing technology today to save time, energy and grow your business.

FILE IFTA FUEL TAX RETURN

Nothing stays the same in the trucking industry, not even its regulations.  Changes, alterations, and new rules are being proposed and incorporated all the time. Failure to comply or bridge those rules can lead to downtime, hefty fines, license revoke, and many more. Therefore, it is vital to stay up-to-date with the Department of Transportation and the Federal Motor Carrier Safety Administration regulations.

Companies like Global Multi Services can handle your paperwork and trucking permits without stress and help you stay in compliance. They will help file IFTA Fuel Tax Return and ensure all your miles and fuel gallons records are accurate. These prevent you from fines, delays, and avoiding mistakes while growing your trucking business.

HAVE A BUSINESS PLAN

Planning and setting goals help you stay focused on what you envisioned for your trucking business. Without adequate planning and proper maintenance, you might not be able to last for a year or two in the trucking industry. You have to build a network of customers with good customer service and efficiency. Being genuine to your customers also helps your trucking company have a sense of reliability and authenticity.

Streamlining your operations and acquiring more clients help grow your business. Build trust with customers that are profitable and beneficial for your business.  These may look tedious at first but building relationships with the right clients will give you a good reputation and better standing when approaching more clients in the future.

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UCR Renewal: Marketing Idea To Boost Your Trucking Business

November 15, 2021 0UCR PermitsUCR Renewals

With more than 500,000 trucking companies in the United States, growing your trucking business can be stressful but, it is achievable. While the industry grows more and more competitive, the best way to remain relevant is to find customers to work with regularly. So, it is essential to take every opportunity to improve your business. These include effective marketing tactics, staying compliant by filing UCR Renewal, and many more. Having the right strategy in place for marketing your business helps build brand credibility and trust. It also increases brand visibility, generates new business, and many more. Read on as Global Multi Services explain different marketing ideas to boost your trucking business.

 

UPDATE YOUR WEBSITE

An online presence is a great way to attract your potential consumers. Having a website is a great way to keep your business relevant in the digital world. Therefore, every trucking company needs an effective website designed by an experienced web professional with graphics and technical skills. These create an online environment that showcases all aspects of your services, such as company history, high-quality images, videos, articles, and info-graphics.

The “Contact Us” page provides an email and a toll-free number for reaching the company. It must also be simple, easy to navigate, and user-friendly.  Nobody is interested in a website that is frequently down, contains dead links, or is outdated.

USE SOCIAL MEDIA

Social media platforms such as Facebook, Twitter, Instagram, Pinterest are places where people with similar interests come together. It is a simple but impactful marketing tool for your trucking business. Having a social media account builds trust and creates an online reputation. It also helps you connect with your customers and gives you an additional avenue to reach your targeted customers.

Plus, social media allows your customers to rate your work and recommend you to others. When building your social media profile, ensure all the information is correct and include a toll-free number, website link, and many more. You can also have multiple social media account but make sure the information is the same.

STAY COMPLIANT WITH UCR RENEWAL

Staying compliant is a vital part of your trucking business. Obtaining your IRP Plate, IFTA Permit, filing UCR Renewal, and many more can boost your reputation. Your customers are at peace knowing you have all the licenses and permit to transport their freight. Companies like Global Multi Services make handling paperwork easier and help you stay in compliance without stress. These prevent fines, penalties, and delays.

IMPROVE CUSTOMER SERVICE

According to analysis, many companies fail because they do not stay in touch with their customers. Therefore, if you want to stand out and gain repeat customers, you must have good customer service. Send them emails and newsletters about your newest services. Be available to answer their question and update them when needed. Let your customers know you care about them and address complaints with caution. Always remember that loyal customers are the best type of customers.

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LLC Registration: How to Convert Your Business From Sole-Proprietorship To LLC

November 8, 2021 0LLC FilingLLC Filing CompaniesLLC Registration

It is often an exciting moment in the growth of a business owner when they decide to formalize their business structure and transition from a sole proprietorship to a limited liability company. Converting and LLC Registration can seem daunting at first. But you will need it when your business expands, and you need a legal separation between your personal and your business affairs.

Operating as a sole proprietor can be an easy and affordable way to start a business. You can be successful even if you do not have a formal business entity for your company. However, being a sole proprietor can put your asset in danger and leave you vulnerable to other risks.

Therefore, switching from a sole proprietorship to LLC when your business is growing is a wise choice. Learn more as Global Multi Services explains how to convert from a Sole Proprietorship to a Limited Liability Company.

ASK A PROFESSIONAL FOR HELP

Establishing a Limited Liability Company comprises legal documentation, so you may want to get assistance from a legal practitioner. You can sign up for one online or hire an attorney.  An online service will guide you through the entire process and are also less expensive. However, hiring an attorney will give you more specialized assistance but is very costly.

PICK A BUSINESS NAME

Pick a unique name to register your LLC and ensure it does not infringe on anyone’s trademark. Check if the name is available by contacting your state secretary of state office or their online database for registered business names. You can also ask for the help of a legal professional.

FILE ARTICLE OF INCORPORATION

The article of incorporation is a document that includes information about your Limited Liability Company. These include business name, address, registered agent, the names of members, and many more. These can generally be processed online through the website of your business filing agency state.

DESIGNATE A REGISTERED AGENT

Registered agents are the main point of contact between your limited liability company and the state and other legal authorities. Your registered agent must be in your business state and be available during business hours. You can choose to function as your agent or hire an attorney to take on this role.

OPEN A BANK ACCOUNT

You need to open a new business bank account for the limited liability company. Apply for a business bank account with your new LLC name. Even if you already have a business bank account for your sole proprietorship, you need to update your business bank information to reflect your new LLC status. These will help you separate your business and personal assets.

APPLY FOR LICENSE AND PERMIT

Regulations for business licenses vary from state to state. Therefore, update your business permits with the LLC name and change your business structure. You may need to reapply for some permits and licenses under your new business name. These depend on your state, local laws, and regulations. So be sure to check on your state requirements for confirmation.

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