The MEN have run a story about a 'Sat Nav Shortcut' taking drivers above the moors above Oldham and them getting stuck!
Click here for the full story and pictures
I think we can call that a slight glitch in the system! However I'd definitely be thinking twice before taking my brand new Company Car up a rocky, muddy and dark lane instead of the A-Road i've just turned off !
Tuesday, 29 January 2008
Friday, 7 December 2007
Wednesday, 28 November 2007
Contract Hire v's Leasing
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!
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!
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
Friday, 12 October 2007
Perk Cars Are Back
I'll post more information as it comes, however the tax system is now working favourably to once again offer cars that are not necessarily essential for business!
Imagine a young graduate taking a job on the greasy pole in to corporate world. They need a car to transport themselves to work and back. It may well be more cost effective to take a fuel efficient Company Vehicle and pay say £135/month tax. The same new car could be 3 times this cost on a personal basis! The cost to the business would have to be managed but with the total cost of a reasonable Contract Hire car around £3000/year the right sums can add up. A car is worth £5000 to most people, it's a win-win situation.
Therefore it makes sense to offer a car instead of a pay rise or to tie in the talent in the interview room!
Imagine a young graduate taking a job on the greasy pole in to corporate world. They need a car to transport themselves to work and back. It may well be more cost effective to take a fuel efficient Company Vehicle and pay say £135/month tax. The same new car could be 3 times this cost on a personal basis! The cost to the business would have to be managed but with the total cost of a reasonable Contract Hire car around £3000/year the right sums can add up. A car is worth £5000 to most people, it's a win-win situation.
Therefore it makes sense to offer a car instead of a pay rise or to tie in the talent in the interview room!
Monday, 1 October 2007
First Game of the Season
With my lacrosse team Rochdale back in the top flight we had been expecting a tough season. After a full summer of training and hard work Saturday was the season opener against Double-Champions Stockport Lacrosse Club
After an upbeat warm-up we were quickly reminded of our new-boy status and given a sporting education from a line-up of English Lacrosse stars.
For people interested in the sport of lacrosse http://www.laxforums.co.uk/ is full of discussion, results and debate from this hugely growing sport. As the number of users approached 2700 there may even be reasonable opportunities to work alongside the site to advertise and promote your business.
After an upbeat warm-up we were quickly reminded of our new-boy status and given a sporting education from a line-up of English Lacrosse stars.
For people interested in the sport of lacrosse http://www.laxforums.co.uk/ is full of discussion, results and debate from this hugely growing sport. As the number of users approached 2700 there may even be reasonable opportunities to work alongside the site to advertise and promote your business.
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