Blazo Gjorev discusses how to run a successful trucking firm and maximize profits through basic efficiencies and scaling the enterprise for growth.
NAPLES, FLORIDA, November 26, 2021 — In challenging economic times, the idea of running an extremely profitable business of any kind may seem impossible. However, trucking industry expert Blazo Gjorev maintains the best practices for maximizing business profits are also a top way to navigate economic downturns in the best way possible.
Blazo Gjorev’s history in trucking
Throughout his long career, Blazo Gjorev has demonstrated tenacity and resilience through larger upswings and drops in the global financial situation. His story illustrates the importance of consistently striving for improvements and taking unique opportunities when they present themselves.
Gjorev immigrated to the United States in 2002 with a limited grasp of the English language. His first job was a temporary role as a truck driver. As he drove, he further developed his English-speaking skills and started noticing efficiencies capable of improving the transportation industry.
By 2005, he was ready to incorporate his first business focused on streamlined transportation services in a major U.S. city. It quickly grew to become one of the biggest and most recognized firms. From there, the opportunities for growth were limitless, and it was at this time that Blazo Gjorev started elevating other trucking and transportation-focused businesses.
Optimization is key to trucking profitability
After his initial successes in the trucking industry, Gjorev branched out and started to acquire and advise other companies. It was here he developed the best practices for profitability he later shared with other transportation-focused businesses.
Scaling is instrumental to the success of a trucking firm. This is why much of Gjorev’s focus in recent years is on increasing access to financial products for those in the trucking industry. With competitive access to capital, a trucking business can lease or purchase an adequate number of trucks and trailers for maintaining a business in a big way.
A well-managed fleet makes it possible to secure larger contracts and long-term deals that generate recurring revenue a business can factor into plans for additional growth and expansion.
One of Blazo Gjorev’s primary recommendations for a new business is to develop buying power. Greater buying power means access to savings as deals are secured based on bulk purchases. For a larger trucking enterprise, costs are lower. This leaves an opportunity to reinvest profits in the business.
Technological efficiencies are also key to maximizing profitability in trucking. From advanced route planning using GPS and other mapping technologies to streamlined employee management and more accurate bookkeeping, advanced software and hardware pay for themselves over time with reduced costs and fewer administrative burdens. For some businesses, contracting for key services is a major step toward enhancing profits, and Blazo Gjorev is passionate about sharing his expertise in these areas with other trucking companies.