4 Ways Vehicles Drive Businesses That You Don’t Know

/in /by

StrategyDriven Managing Your Business Article | Entrepreneurship | Business Vehicles | 4 Ways Vehicles Drive Businesses That You Don't Know

Cars may be a standard part of life, but businesses don’t utilize them as much. Some do, and they are seen as influential, thriving companies that can afford to provide vehicles for their staff. You would love to do the same, yet don’t have the money or resources. At least, that’s what you assume.

Of course, the truth is that company cars raise brand awareness and generate leads without being overly expensive in terms of upfront costs. The majority of them are leased and paid in installments every month. And that’s one thing you didn’t know about vehicles and how they drive businesses.

In this post, you’ll find four more impacts that cars can have on your organization. However, be warned that they aren’t always healthy. Cars come with lots of positives, yet you’ve got to plan carefully for them to help the firm be successful.

Employee Perks

As far as employee perks are concerned, a vehicle is usually at the top of the list of benefits that workers desire. It’s not hard to see why when it eliminates the average costs that are included with owning a car outside of the office. The average sale price for a new engine in the US is around $35,000, and used cars aren’t much cheaper. Then, there is the rising costs of insurance and gas to consider, as well as repairs and maintenance fees.

Looking at from a financial point of view, it’s no wonder employees want a company car. The direct knock-on effect of this is that you’ll be able to attract a high standard of applicants when looking to recruit. Organizations that provide quality bonuses tend to secure fantastic candidates because modern workers require more from a job than a strong salary. Of course, though, it’s worth considering that you will also need to provide parking, maintenance, and even a traffic control company to keep things from getting out of control. These costs are often worth the benefits that come with your company cars.

Hidden Costs

What people don’t understand is the expense of opting for a company vehicle. In some ways, it can result in their wage being smaller at the end of each month. As soon as staff realize this, morale may drop, and that can affect output and productivity, too. There’s also employee turnover to consider.

A high rate of people leaving the business will cost you a fortune in the short, medium, and long-term. You must find a way to make employees who drive happier, and a utility vehicle is an option. They are believed to make drivers more content, limiting the high rates of turnover. Alternatively, you can be transparent about the fees from the outset. That way, you or the business isn’t to blame if the situation goes south.

21st Century Practices

The changes in the automotive industry are massive. Today, pretty much all the major manufacturers are creating hybrid or electric cars, and some are pushing the envelope further by removing drivers. Automated cars may be experiencing a few snags right now, but there’s no doubt the technology will be on the market in the future.

How does this help your business? By partnering with manufacturers such as these, you can piggyback off their innovation. Your brand is seen as creative and new-age as a result of implementing the technology into your business plan. The right vehicles are more than marketing tools with gaudy exteriors – they are signs of intent.

Also, these cars connect consumers with companies. Shoppers are more moralistic than ever, and it impacts buying decisions. Using an EV may be the symbol that proves you respect the planet, encouraging more people to adopt the brand.

Enhanced Customer Service

The importance of customer service will never cease. How customers expect to interact with business may evolve, but they will always judge you on your ability to deliver. Cars are the missing piece of this puzzle, especially vehicles that drive autonomously.

Similar to a drone, AV will be able to deliver products with fewer glitches in the future. However, unlike a drone, customers will be able to track it mid-journey to check up on their package. Plus, removing the human element means that delivery times will be shorter than usual. Then, there is the virtual assistant support that you can implement for holistic consumer experience.

Affordable self-driving cars are some way off the market, so it may be a while before they’re used in to drive businesses forward. Still, when the price drops and the tech is more stable, your customers will receive an enhanced service that will catapult you to the top of the market.

From helping customers to advertising the company to potential employees, cars have their pros and cons. Do you think one outweighs the other?

How to Keep Business Travel Costs Down

/in /by

StrategyDriven Managing Your Business Article |Business Travel Costs|How to Keep Business Travel Costs DownBusinesses are pinched, but managing your supply chain and business relationships through online video chat and emails is hard. It’s hard to keep people accountable, hard to clarify what you mean when you aren’t on-site, and harder still to come up with innovative solutions when you’re working through a screen.

Travelling to solve and fix these issues is essential, but not every company can currently afford it or find a flight to get them where they need to be. If you are grounded, there is not much that you can do, but to keep costs low for when the restrictions lift, you will want to follow this guide.

Sign Up for Flight Deals

There are two ways you can get a great deal on a flight. The first is to keep an ear out for special deals or sales. You’d be surprised at how many are occurring right now to help airlines manage their costs even though all their flights are grounded.

Take advantage of this to book very cheap flights months ahead, but don’t forget the cancellation policy. If the cancellation policy offered by the airline isn’t good enough, then your travel insurance should offer protection.

The second way is by comparing flights based on day and time. There are no set prices, so setting up alerts for price drops can help you get a great deal at any time of the year.

How to Save Going to and From Airports

If you live close enough to an airport that you can either take a shuttle or rent a taxi without it piercing holes in your wallet, then these are the better options. If your nearest airport is far away, then your best bet will be to drive there yourself. You will want to book long-stay parking in advance, especially in popular lots like Atlanta airport parking to secure yourself a good deal and a better spot.

Accommodation Options

If your business is truly struggling, then even hotels are going to seem out of your reach. Alternatives to hotels (even with the best deal you can find) include renting a private room from a local to seeing if your business partners have a place where you or your employee can stay.

You should also look for places out of the main area for more deals, but do remember to compare the travel costs to ensure overall you are spending the least amount of money.

Budget Food Options

The best part about renting either a room or a non-hotel option is that more often than not, you will be allowed to use an actual kitchen. Cooking will be hands-down the healthiest and cheapest way to eat while you are travelling. You can even bring with you familiar foods if you are travelling to an area where you are not used to the cuisine.

Saving on Public Transportation

The cheapest way to get around your destination will be with public transportation. Save with passes – some are designed for tourists, others are just passes for the day or week. Choose the best one for your budget and needs.

If you need to travel out of the city for work, however, then you will need to research your options. It might be cheaper to drive yourself, or there might be shuttle buses and other public transport choices that can help you save even further.

Creating Your Own Factory Space

/in /by

StrategyDriven Managing Your Business Article |Factory Space|Creating Your Own Factory SpaceThere comes a time in which your production or industrial business outgrows its current surroundings and develops a need for increased capacity and facilities, yet searching for the ideal space can seem like an almost impossible task. You may believe that there are a wealth of different commercial buildings on the market for you to choose between, but this couldn’t be further from the truth – you can spend years searching for a good property to rent or purchase, as they are few and far between. This is exactly why so many organisations choose to create their own factory space to fit every single one of their individual needs, and have full reign over the decision making process to keep costs down and form the ideal production location. Building your own commercial property needn’t be as difficult as you might initially think, as there are few simple ideas and concepts that you can utilise to ensure you can cover all bases and succeed in your quests to expand and grow. So, if you want to find out more, then read on to uncover some of the best top tips and tricks that you can make the most of today!

Picking The Ideal Spot

The first step that you must take when building your own commercial property is to locate the ideal spot to start your production. The place that you choose for your warehouse or factory facility has to fit a few different specifications which may vary depending on the type of your business, so it’s important that you seek out the right location rather than opting for the cheapest land possible. If you regularly send and receive goods or materials, it’s vital that you choose a place that’s got great transport links with main roads nearby, as though remote land may be cheaper it is far tougher to access. Most factory workplaces create a lot of noise pollution that can easily distrust any residential neighbours, so seek out a location that doesn’t back on to a suburban area.

Making The Floorplan

Once you have identified the perfect place to build your commercial property, the next step that you have to complete involves creating the initial floor plan for your new factory space. You must consider all of the workspace and features that you require to encourage your business to continue progressing, so assess your current situation to gather the basics and think about the improvements you require that pushed you to build your own property in the first place. Factor in future growth and accommodate space for more employees than you have right now, otherwise you will soon find yourself in the same situation again. If you need to seek out the support of a professional then do not hesitate to contact a commercial architect that can aid you in making the most of the space you have.

Sourcing Affordable Materials

When your floor plan is finalised it’s now time to start deciding on the last few details, most of which involve choosing the perfect materials for your build. This can be the most expensive step if you are not smart in your search, so it’s important that you can take some time to do some digging to secure an affordable price. Start off with the basics such as bricks and cement, and try to strike a better deal with your supplier if you’re going to buy in bulk. Next, find the best commercial roofing supplier to finish off the basic shell of your new factory space, and invest in some high quality double glazing to let in some natural light. The internal layout and therefore the materials that you require will depend mainly on your own individual floor plan and business needs, so just make sure that you shop around when purchasing the remaining items to secure the best quality for the best price.

Seeking Reputable Contractors

If you do not have qualified staff already, then you must seek out some reputable contractors that can begin your building work in a safe and efficient way. There are many risks associated with your actual build, from staff related injury to financial loss, so you must make an effort to find contractors who have many previous happy customers that can guarantee the best service. Going out on a whim and picking the first search engine result will no doubt cause you many problems later down the line, so don’t make the mistake of wasting your time, money and effort on builders who don’t have the right qualifications or experience for the job. Always ask to see previous examples of contractors work, and get all receipts and agreements in writing as you simply cannot just rely on their word.

Finding Machinery & Equipment

When the shell of your building is built and the relevant services such as electricity and running water have been rigged up and turned on, it’s time to start investing in some machinery and equipment to get your business up and running. It’s likely you’ll want to bring some items from your old premises with you, but it’s vital that you can increase the amount of machinery you have to accommodate your growing organisation. Purchasing new models of vital equipment can help you to modernise your business and create a more advanced and productive workplace, so then you can upgrade your business in more terms than just space. If you don’t have the cash to start buying huge machinery after building your factory then do not stress, as you can easily rent out or hire the machinery you need for a much more affordable price.

Creating your own factory space has never been so simple when you are able to make the most of the ideas and concepts detailed above! It’s so important that you can make a detailed plan and follow each step carefully so that you can fulfill your business needs, keep costs down and make sure that your staff are out of harm’s way too, but with these tips and tricks in mind it couldn’t be easier to get started today.

Are there Benefits of Cloud Computing for Businesses?

/in , , /by

If you’re fairly new to business, then there is a lot to learn. Of course, it will vary what you need to know, depending on the kind of business that you have. But one aspect that can universally benefit businesses is cloud computing. This is where data is stored and managed, as well as processed, and it is all done using a network of servers that are hosted remotely. This kind of computing and storage for business data is popular with business users for a number of reasons. It offers some savings, as well as a large capacity of storage. So if you’re still not sure, here are some of the reasons why cloud computing could be just what your business needs.

euro 870757 960 720 1

Save money

There is one thing that a lot of business owners have in common, and that is that they will always be on the lookout for different ways to save money. And for any business that is looking to use technology, and see if it offers any value, won’t have to look too far from cloud computing in terms of getting a good return on their investment. Cloud computing means that you don’t need your own hardware as everything is hosted elsewhere, which can be a good saving. Plus, if you look for a cheap VPS (virtual private server), then you will be able to save even more. Cloud computing means that you won’t have to cover the costs of security, power, and insurance for this kind of thing, as it is all taken care of remotely.

Strategic competitive advantage

The time in cloud computing is low, and any applications that are needed for growth and success can be found online nearly instantly. This helps to give you a strategic competitive advantage over any competitors, especially those that have not yet got on board with those kinds of cloud technology. It also means that as a smaller business, you’re not at a disadvantage compared to large businesses. You can all be on the same playing field when it comes to data and storage.

Lightning fast performance

If you want to stay competitive, then you need to have cloud service providers that will help to update technology to then meet the demands of the business customers. This can mean that cloud computing gives great performance which can be a huge benefit for business. Cloud computing also uses load balancing to make sure that no server suffers with any performance problems.

Flexible working

Cloud computing is something that will provide much greater flexibility in the way that employees work. It can mean that no matter where people are working from, they will be able to access the same information, as it is all internet based. Flexible working, especially in recent weeks, has improved so much, and more and more businesses are seeing that it can help their business, so it is definitely something that is here to stay. Using cloud computing can help your business as people work more flexibly, as it will keep everyone up to date.

How To Safeguard Your Company Data

/in , /by

StrategyDriven Risk Management Article | How To Safeguard Your Company DataIt doesn’t matter what kind of business you run, you will need to take steps to safeguard your company data, and that of your customers, from cybercrime and data loss. Losing important business information or having it stolen by a hacker could easily spell the end of your enterprise altogether, and it will certainly have a negative impact on your reputation. Therefore, it makes sense to put in safeguarding measures to protect the information and yourself. Here are some ways to do it.

Back Up

Backing up your information is simple and effective. Although it won’t protect against an attack by a cybercriminal by itself, it will allow you to restore the potentially missing or corrupt information left in the hacker’s wake, or as a result of a system failure.

If you can restore the information then you can continue working, even if there are other problems that still need to be dealt with. Without a backup of your work, you may well lose everything and have no way of continuing your business at all.

The most important thing to remember about making backups is that you will need to use a reliable external source to do it. There is no point in backing up your information to another computer on the same system; this is not going to keep it safe. Ideally you should use the cloud as not only will the information be protected but you can access it from anywhere – this is perfect if you are unable to get to your office or if there was a fire, for example, that destroyed your computing equipment.

Use A Firewall

A firewall will give you an extra line of defence against cyberattack. It works as a barrier against any malicious software that you may have inadvertently downloaded. This barrier, when correctly installed, will ensure that the virus cannot reach the more vulnerable and important parts of your computing system, blocking it completely.

The idea is a simple one, but there are many different types of firewall and it can become confusing and even overwhelming when you start to look more deeply into it. Because of this, it is best to have IT services Birmingham find the right firewall for you and install it – that way you know you are protected.

Password Protection

It is possible to set passwords on some programs such as Adobe Acrobat and the Microsoft Office suite. This adds an extra layer of security so that only those who have the password are able to open the document.

You can even password protect entire folders and networks if you want to and feel that this would be a useful protective measure that will safeguard your company data. When you are choosing a password, it must be something unique that cannot be guessed easily; never use phone numbers or birthdates or names. For the best password, you should use a combination of letters, numbers, and symbols. Although this will be harder to remember, it will also be harder to guess, so your information will be much safer.