Before you dive into independence as an owner-operator, take time to assess your experience, finances, dedication and skills. Look in the mirror. You’ve been thinking about going into business for yourself as an owner operator, but are you ready? You crave the independence, but do you have what it takes to be successful?
Knowing the documents you need and when to apply for them will save you time and headaches when you’re ready to obtain your operating authority.
For drivers shifting to become an owner-operator with your own authority, the first dilemma is chicken or egg – do you buy your truck and then get set up as an owner-operator or do you complete the paperwork first before acquiring a rig?