How To Monitor Your Company Vehicles With Gps Fleet Tracking
GPS fleet tracking is an incredible device that allows you to track your vehicles by satellite, so you know where they are at all times. If a vehicle is stolen, it can be found within minutes allowing you to save the cargo that it holds.
GPS fleet tracking tool to use for companies
It is also a great tool to use for companies that have delivery vehicles because it is possible to plan shipment more efficiently when you know where the vehicles are and when they will be ready to load. You can then provide better customer service by letting your clients know exactly when the shipment will arrive.
It can also maintain a log of where the vehicles have been and how much down time it has, this is particularly important to vehicles that have to follow state and federal regulations.
It’s incredible because it can track any vehicle from your computer. This feature is a particular favorite with insurance companies.
With GPs Fleet Tracking you have immediate access to the mileage, and travel records from every vehicle. It can also be of great assistance when you want to find out where your employees are and what they are doing. GPS fleet tracking can pinpoint the exact location of each vehicle and can also detect whether the vehicle is running or not.
When GPS Created ?
GPS was initially created for government use, and since it was released to the public it has become one of the most sought after tools in the world to prevent loss of vehicles. With advanced GPS fleet tracking, you can receive updates on any vehicle in one-minute intervals.Big company or small, if you own company vehicles, GPS fleet tracking can make a big difference if your vehicles are ever stolen.
GPS fleet tracking can be installed on any type of vehicle, car, van, and big rig. Many people feel that it would be hectic to track a lot of vehicles however all can be tracked very easily and quickly.
Commercial Uses For GPS Fleet Tracking And Management Systems
Small businesses often have expenses that go beyond their budget. One area where this happens is in the inefficiency of their fleet vehicles. Many problems arise for a small business owner who cannot keep track of their staff while they are out on the road. A GPS tracking system can prevent these issues and save money for business.
How the Business Benefits With a fleet tracking system
With a fleet tracking system, the business owner or manager can monitor many aspects of their fleets. The first area where they can see benefits is in improved routes. Many drivers may take the familiar route rather than look for the most efficient route. By monitoring this, the business manager will be able to make changes to their drivers’ routes to save time and mileage. This will reduce fuel consumption, especially on large trucks.
By reducing the travel time to reach their destination, the drivers will improve customer service with timely delivery or arrival. This will enhance the trustworthiness of the company and further increase sales.
Another benefit of using a vehicle tracking system is that businesses can track mileage and audit fuel purchases to make sure all records are accurate. This allows the manager to tell if an employee is wasting company money or using extra fuel from excessive idling.
Safety of the fleet is an important consideration for business owners and a tracking device can monitor the speed of a vehicle and other safety concerns.
Managers can be more efficient with their business as they watch their fleets move along their routes in real time. This allows them to tell when the vehicle has reached a destination and when it leaves. They can also get alerts for when a vehicle is due for maintenance to keep it running smoothly.
Who Does this GPS Tracker Benefit?
Small businesses can benefit from installing a GPS tracking device. This service is ideal for companies that manage multiple vehicles within a hundred mile radius. It can work for any business, including the following:
Bus or airport shuttles
HVAC or heating companies
Carpet cleaning services
Other repair services
Any business that does most of its work in delivery or service will benefit from a GPS tracker to monitor its vehicles.
A small business cannot afford to waste valuable resources of time or money through inefficiency or unproductiveness. A vehicle tracking service can eliminate much of the problems for these companies.
One of the most pressing problems of a successful business, believe it or not, is that of business succession planning. In an effort to keep a business alive and continuing as a going concern, after the owner retires or dies, is not as easy as one might think.
The Process of Business Succession Planning
First, there needs to be a person or an entity that is capable of taking over The best investment Philosophy , and second he, she or it will need to have the financial capacity to purchase the business, once the current owner either retires or dies.
The part about the owner dying is easy to solve, as adequate life insurance can be purchased, assuming the owner is insurable, to furnish the proceeds, so the new owner has the business, and the family has the value of the business at the death of the owner.
The part about a purchase of the business assuming that the business owner wishes to retire, is another issue altogether. It is a certainty, however that once a new owner is decided upon, whether it is a younger son or daughter, a spouse, or another party or entity, there should be an iron-clad agreement in place, with the method of funding spelled out in detail.
If the successive owner has the cash for they purchase, or can raise the cash, then that settles the question. In so many instances,however the funding of the buyout is left hanging in the wind with the hopes that the business itself will somehow provide the funding to make the transfer of ownership happen.
The sad fact is that the business transfer will seldom happen that way, because the business cash flow is not going to do the trick if the owner truly wishes to retire.
Business Succession Planning
Here is where some business succession planning needs to think outside the box, using corporate financing and perhaps life insurance cash values to provide the funds on an installment basis, which can use funds outside the business for the buyout.