Scaling a business can be very difficult, but very rewarding. There are many things to consider when preparing to scale your business. One of those things is growing and managing your fleet vehicles. As you continue to grow and add more independent contractors to your crews and staff, it can be a risk to have them driving around in their own vehicles and at some point it becomes feasible to buy your own fleet vehicles to reduce liability as well as help with tax deductions. But taxes is a discussion for another post.
When growing a managing fleet vehicles there are several things to consider. Purchasing the vehicle, insuring it, maintaining it, safety and policy management, route planning and optimization, etc. Covering your liability is not very sexy and doesn't increase the bottom line, but it can save you big time down the road if you do it properly. Making sure your drivers are trained properly on safety policies will help reduce liability. Keeping a safe and secure car is also vital to keeping liability low. Something as simple as a cracked windshield can cause issues down the road. Cracked or chipped windshields can be a visual obstruction and cause the driver to get into an accident if the obstruction is large enough. We recommend partnering with local windshield replacement Edmond companies to get minor problems solved before they become major problems.
Now that you've got the liability sorted out, you want to focus on efficiency. Fuel can be one of the largest expenditures your company incurs and small increased or decreased can make or break your profit margin. Proper & timely maintenance routines can also be a huge money saver over the life of a vehicle. When managing just a few vehicles or a large fleet, counting every penny and skimming costs wherever you can can turn into big savings at the end of the year or over the lifetime of the vehicle. Don't overlook any opportunity to optimize your fleet management or your route management solutions. Question everything and always be looking for better options and more efficient processes. These practices will allow you to manage your fleet like a pro and keep your productivity up and your costs down.