When you are thrust into the role of operating your own business, you find yourself starting to watch every penny. It especially happens when you start tracking everything. You find out what expenses can really be, you get a bit nervous that you’re not making as much money as you’d hoped, and you watch. every. penny.
There are many times where that’s really smart. You start thinking about what those miles cost and you become more careful and intentional about how far you drive. You realize you will need some of that tip money down the line, so you save it rather than spend it at the drive through.
And then there are times where it can be downright dumb. In some cases, it’s more like colossal stupidity dumb.[Read more…] about This One Mistake Independent Contractor Couriers Make Trying to Save Money Can Bankrupt You