Weathering The Storm As A Truck driver, Tower, or Cottrell Owner
The trucking business is Frank's truck stop up the street. This is a popular stop that has been around for over 70 years. Generations of truckers have come through this stop in and out of the port of Virginia. Many of the truckers, Cottrell owners, towers, and other transportation professionals that visit us, go here.
The article caught my eye, not just because they are local, but because it talks about what this business is going today to prepare for 2013. Post election, there are a lot of questions as to which way the economy is going to go. Is 2013 going to be a turbulent year economically, or are we leaving the worst part of the recession behind?
Why take a chance?
Franks truck stop has a possible solution. That solution is to reserve your cash and prepare for a rainy day. This, obviously, is not what the government or Frank's would like to do but this is what they have to do. Think about it.
You have had five years of slowing economy activity and political gridlock There is no real plan on the books to solve things. There is no guarantee that gridlock wont be the status quo for the next two years. Having cash on hand may be the only insurance policy that a company has anymore...
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