#45. March Financials

This is a bitter sweet episode. Bitter, because the US Economy and Trucking Industry are going through an incredibly difficult time. Sweet because March was the best month Haulin Assets has ever had. Before we get into the episode, Craig and I talk about the state of the economy and the challenges we are facing because of the Coronavirus pandemic we are all going through.

First, I don't want to downplay how difficult a time this is. But.... I am an eternal optimist, which I think is very helpful if you are an entrepreneur/business owner. I think there are several reasons to be optimistic about the future. I list some of them below and we talk about them during this episode, specifically some of the resources I have found to help me.

1. We are all in this together.
2. This economic situation occurred and the difficult business circumstance is no fault of your own and most of the businesses that provide you services understand that and are very willing to work with you.
3. There are lots of ways you can get help from the government to the companies that provide you services.
   1. Government loans and grants
   2. Payment deferments from lenders
   3. Help with insurance

What To Expect From Episode 45

March was really good, in fact, it was the most profitable month we have had. Freight was moving well and I stayed busy the entire month. Here is a quick overview. Craig and I talk about all the details during the episode.

To see copies of the Profit and Loss statement and Balance Sheet referenced in the episode, and to see the highlights in the full show notes, CLICK HERE.