CASH FLOW TO FUEL YOUR BUSINESS AND KEEP YOU ON THE ROAD
Dec 10, 2020
3 minutes
Small transport operators have many expense commitments that put strain on their cash flow. Factors such as vehicle lease payments or purchase costs, fuel payments, driver wages, rent, regular servicing and vehicle repairs all contribute to relatively higher fixed costs compared to other businesses.
It’s a tough market, not just due to the ongoing pandemic. Transport operators face varying daily challenges – uncertainty of income because of long payment terms or late paying customers and fluctuating cash flow that can cause stress in
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