As you look to grow your business, you may be evaluating several tools and strategies to help accomplish your goals. With increasing pressures such as rising fuel costs and narrowing margins, business owners always are looking for new ways to generate operational efficiency without increasing costs. If you don't already use fleet management software, it should be on your horizon for 2014.
Drive down fuel costs
Fuel always will be an unavoidable expense for a business that relies on a fleet. And as a roofing contractor, you probably have a heightened interest in keeping your fuel costs as low as possible. Not only do you have multiple vehicles that rely on gasoline to service customers, but you also have the responsibility of ensuring drivers are making the most efficient use of the vehicles.
Driving habits can seriously affect fuel usage. Speeding can be dangerous not only for those on the road, but also for business costs. According to the Department of Energy (DOE), fuel economy rapidly decreases at speeds above 50 mph. You can assume each 5 mph driven above 50 mph is equivalent to paying an additional $0.24 per gallon for gas. It may seem insignificant, but this wasted fuel can add up and become a big financial drain with no return.