Performance Report Tools

OOBT provides you with objective financial reporting tools and guidance to help you manage your business armed with facts and industry standards. In a business full of the unexpected, it’s critical to be armed with tools that help you understand and measure those things that you can control.

It’s a fine line between success and failure as an O/O. Driving a truck and running a business are two completely different necessities for being a successful O/O.  Being good at one doesn’t automatically qualify anyone to be good at the other. To be a successful O/O, however,  you need to be good at both.

“OOBT is here to provide Key Performance Statistics to make success a reality for you.”

Budgeting and Projections

See projected financial results before a life altering commitment to a truck purchase or before leasing on with a particular carrier.

  • Detailed Income Projections – we help you see how every penny will be earned in pay per mile and percentage pay programs
  • Detailed Expense Projections – we help you see how every penny will be spent, including deductions from your carrier
  • Break Even Mileage – see how many miles you’ll need to run just to break even each week

We take the guesswork out of projecting earnings.  Using facts and industry standards, we’ll help you paint a picture of what to really expect for financial results.  See our Budgets and Projections section for more information.

Profit & Loss Reporting

You can’t manage what you can’t measure. That’s an old business saying that holds true today, and it certainly holds true for any owner-operator. The Profit and Loss Statement (P&L) is the most powerful measurement tool you can have. Instead of attempting to manage a business off of weekly settlement statement with a bunch of random numbers, OOBT will transform that information into an easy to read P&L that will enable you to:

  • Quickly see where your income came from and where your expenses went by distinct categories
  • Easy to Read Dashboard – Measure your performance according to industry standards
  • Have all the information you need to make important business decisions
  • Tax-Preparation – Maintain accurate bookkeeping for tax preperation