Find out how to become an owner-operator through OOIDA’s ‘Truck to Success’ online business series

GRAIN VALLEY, Mo. — Interested in the ins and outs of being an owner-operator? The Owner-Operator Independent Drivers Association (OOIDA) has scheduled an online training series to help those interested in starting a small trucking business.

“Truck to Success,” scheduled for Oct. 26-28, offers three days of intensive training classes to help professional drivers take their first steps toward becoming an owner-operator. The live video conferences will feature participant interaction with trucking experts who are dedicated to helping drivers become successful business owners.

“For a variety of reasons, many businesses tend to fail within the first year of operating,” a July 8 press release from OOIDA stated. “Let us help you navigate through the change from a company driver to an owner-operator, or simply help with your desire to have a more successful business.”

To help improve new owner-operators’ chances for success, the “Truck to Success” series outlines the steps of transitioning from a company driver to an independent contractor.

Topics will include:

• Developing a business plan that works for you;
• Buying a new or used truck;
• Equipment financing;
• Insurance;
• Pros and cons of running under your own authority or leasing on to a carrier;
• New-entrant safety audits and compliance reviews;
• Drug and alcohol testing requirements;
• Permits and licensing;
• Taxes and business structures;
• Brokers and factoring; and
• Current issues affecting the industry.

Registration is open to anyone, and OOIDA membership is not required. The cost is $250 for each participant with the option of adding a guest for $150, but only for those that require an additional, separate login.

For more information or to register for the training series, click here.

The Trucker News Staff

The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.