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Truckies – 6 Tips for Keeping Yourself and Your Business Healthy

truck-driver

Truck Drivers – both long haul or short haul – are an essential part of the lifeblood of any western nation.

Whether it be our food, fuel, building materials, furniture, motor vehicles or any other general parcel – they all need to be trucked around our country and within our cities.

Trucking is not for the faint-hearted, with professional drivers often spending up to 300 days per year on the road. And when things go wrong and bad accidents occur it is always a tragedy for all concerned.

Our farms and other small business depend on the trucking industry. And most truck drivers, themselves, are small business owners who are trying to earn a living and feed, house and clothe their family.

As accountants and financial advisers, we have spent more than 25 years helping family owned trucking businesses. The following are some helpful suggestions gleaned from more than 25 years of dealing with these hard working small business owners.

1. Regular Maintenance:  Your truck is most valuable physical asset and it has to be safe and in good working condition. Don’t skip on maintenance – get it   done regularly and by competent professionals.

2. Look After Your Health: Take your mandated breaks while driving and try to find time for stretching, light exercise and good sleep. Wherever possible, eat healthy food.

3. Recharge On Your Days Off: Many of us like to wind down with a few drinks. But resting, spending time with family/friends and exercising can be just as important to getting you back on the road in the best possible physical shape.

4. Outsource Non-Core Work: Closely related to making the most of your days off, is not getting bogged down in your invoicing, general accounting, truck maintenance or anything else that is keeping you away from recharging your batteries. No small business has an endless bucket of money, but there are many cost effective systems that an experienced business accountant can help you put in place to manage these non-core activities.

5. Plan Your Cashflow: A professional and qualified business accountant is not just there to calculate your BAS and annual tax return. They can help you analyse your cashflows and plan for tax, maintenance, capital upgrades and paying yourself a proper wage plus superannuation. Make sure you have these conversations.

6. Get the Right Insurances In Place: Get professional advice on protecting your assets and also protecting yourself and your family. No one enjoys paying insurance premiums – until something goes wrong.

If you are a truck driver and want to have a chat about your business set-up, contact the experienced small business team at Affinitas Accounting on 07 3359 5244 or service@affinitasaccounting.com.au

Need friendly advice? Talk to our staff today about how we can help your business succeed.

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  • Tax Accountant & Financial Advisor Brisbane - Affinitas Accounting
    Joshua Drake

    I highly recommend coming here for all your tax needs! They explain everything you need to know about tax thoroughly and go about there jobs professionally, always leave here with a cheery smile and satisfaction.

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    Ben Campbell

    Affinitas Accounting has been so helpful with the restructure of my business. They made it an easy process and explained it in a language that was easy to understand. My ongoing tax and gst is all prepared by them, they’ve really taken the stress out of it all to let me focus on growing my business.

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    Since moving to Affinitas Accounting we have a clear understanding of companies and trusts. We have no hesitation in saying the team here will meet and then exceed your expectations! I never feel like i am annoying them. Thank you Team Affinitas

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    Affinitas has looked after all our financial needs for our business and personal tax returns. We have been with our accountant for 10+ years. I have no hesitation in recommending Affinitas to anyone looking for an accountant or any financial advise. We have always found and received friendly professional and practical advise.

  • Tax Accountant & Financial Advisor Brisbane - Affinitas Accounting
    Carlie White

    For the past 6 years, Tammy has been lodging our tax. The team always spend the time to explain how things will affect us and always manage to maximise our returns. We highly recommend the team to anyone we speak to and have had friends move to do their future tax with the team at affinities accounting. Couldn’t recommend them highly enough.

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    Kirsty Whittaker

    I’ve been using Deb from Affinitas Accounting now for many years and have found her to be excellent in looking after my taxation needs. I’m in Tasmania, Affinitas Accounting is in Queensland and distance is no barrier. She understands my business needs, everything is done in a friendly and efficient manner and I happily recommend to anyone looking for ‘down to earth’ taxation advice.

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    David Williams

    We’ve been with Affinitas Accounting for over 5yrs when they were known as Online Accounting & Taxation Solutions. From our initial phone call with Brad looking for an accounting team that would meet our expectations as well as provide efficient service, we’ve been really impressed with the team’s professionalism, knowledge & expertise.

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    Debbie is our accountant and has been for seven years. She is thorough and always does what she can to honestly get us the best return but always adheres to the ATO guidelines. We recommend her to our friends and wouldn’t take our business to anyone else. Thanks Debbie.

  • We have only been with Affinitas Accounting for the past 12 months but in this time they have by far exceeded our expectations of an accountant and far surpassed previously used accountants.
    Affinitas are not just about annual returns, BAS statements etc, they take the time to get to know you enabling them to provide advise to help you work toward personal & business goals.

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    Can’t fault Affinitas.

    Have been coming here for years (when it was then called online tax). Deb has been happy to always go the extra mile and doesn’t mind dispensing helpful advice throughout the year.

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    I have been a client of Affinitas Accounting (previously Online) for the past 8 years. It is like a one stop shopping experience, all my needs were addressed in the one office.

    Thanks Affinitas you for all your assistance and I would strongly recommend them to anyone to use

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