I am currently looking at the replacement van for a very good plumber I know from Rochdale Lacrosse Club. As a small business he has been effectively 'blinded by science' when it comes to the information he requires to do the best for his business.
Effectively the question was "Are you quoting a Contract Hire or a Lease?"
Answer:
Contract Hire - is just that, a hire/rental of a vehicle. 50% of company cars are funded in this way. At the end of the contract the vehicle return to the hire company.
A Lease - The vehicle is, in effect owned by the person paying the bills! At the end the vehicle becomes your liability with a possibe one-off 'balloon' payment to pay. Mainly vans are funded this way.
For this client, it is in his best interest to Contract Hire, he can budget his payments and has no responsibility for the van at the end of the contract. He has better things to do than start selling one van to pay for the next!
There are so many options available that you really should speak to an impartial expert. This becomes difficult when nearly every 'expert' has their own specialism in which they make money!
Wednesday 28 November 2007
Friday 9 November 2007
Getting some press!!
I have developed a positive discourse with Ralph, the editor of a new(ish) online magazine called Business Car Manager . I was impressed by the magazine and it's content, the only one of it's kind aimed at the smaller fleet. Within 4 weeks of our first conversation I am published author!
All issues in business affect different size businesses in differing ways, in the fleet industry the smaller business is left behind in the knowledge gap, this magazine and it's contributors aim to reduce this. Of course we are delighted to be involved.
My article is here and discusses how to best organise vehicles for new staff. There are also links to advice on how to choose a vehicle broker (like us), what a leasing broker does and several other topics of interest to the normal business running a few cars.
All issues in business affect different size businesses in differing ways, in the fleet industry the smaller business is left behind in the knowledge gap, this magazine and it's contributors aim to reduce this. Of course we are delighted to be involved.
My article is here and discusses how to best organise vehicles for new staff. There are also links to advice on how to choose a vehicle broker (like us), what a leasing broker does and several other topics of interest to the normal business running a few cars.
Friday 2 November 2007
Grey Fleets - A Bunch of Similar Colour Cars
Fleet News is having a real debate about the UK's growing 'Grey Fleet' problem. Believe it or not the reason for the Transport Minister's safety concerns is nothing to do with the colour of the cars on the road!!
The fact is that more than ever employees are using their own vehicles for use at work. So be it popping round the corner to pick the post up or travelling the UK for appointments using your own car for work purposes could be getting bosses in trouble!!
In a nutshell management is responsible for employee safety, this includes whilst out and about on work duty. Businesses who provide cars for staff tend to be on top of this a lot more than those who don't. Hence the new founded safety calls. So no matter who pays for the car - it needs to be checked, adequately insured and roadworthy!! Take note!
Click here for the Full Story
The fact is that more than ever employees are using their own vehicles for use at work. So be it popping round the corner to pick the post up or travelling the UK for appointments using your own car for work purposes could be getting bosses in trouble!!
In a nutshell management is responsible for employee safety, this includes whilst out and about on work duty. Businesses who provide cars for staff tend to be on top of this a lot more than those who don't. Hence the new founded safety calls. So no matter who pays for the car - it needs to be checked, adequately insured and roadworthy!! Take note!
Click here for the Full Story
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