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How To Start a Commercial Fleet: The Roadmap to Success

By: SmallBizClub

 

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Starting a commercial fleet is a daunting task. From the planning stages to day-to-day operations to deciding on the best way to transport these commercial cars in the case of a relocation, you have a lot to plan for. However, with calculated planning and execution, you can create a successful commercial fleet that meets your needs and exceeds your expectations. Once you’ve taken the necessary steps, driver shortages, spiking fuel costs, and cross-country business relocations won’t be strong enough forces to rattle your commercial fleet. 

Set business goals

Creating a business plan and setting goals is essential for any business venture, and the same holds true for starting a commercial fleet. Do you want to increase sales? Cut costs? Improve customer service?

Now you can begin to create a plan of action to achieve them. This plan should include specific steps and timelines, so you have a roadmap to follow.

Will you lease or own?

One major decision is determining if you will lease or own your commercial vehicles. Both options have pros and cons, and the best choice depends on your specific situation.

Leasing can be a more affordable option because it’s easier to switch to a different type of vehicle if your needs change. However, you’ll likely have to stick to a predetermined lease term, and you won’t build any equity in the cars.

Owning your vehicles can be more expensive in the short term, but you’ll eventually own them outright and can sell them whenever you want. You also have more flexibility in terms of changing your vehicle fleet.

Pick the best vehicles and drivers

The type of vehicles you choose for your fleet is another critical decision. You’ll need to consider the type of business you’re in, the size of your fleet, and your budget.

Various options are available, from passenger cars to cargo vans to trucks. Depending on your budget and needs, you can choose between new or used vehicles.

Once you have your fleet, it’s time to hire drivers. You’ll need to find qualified drivers who will represent your company in a positive light.

Manage your fleet

Managing the fleet is the most challenging part of owning a commercial fleet. The main things to focus on are vehicle maintenance and fleet personnel training.

Vehicle maintenance is crucial for keeping your fleet running smoothly. You’ll need to create a maintenance schedule and stick to it, so you don’t run into any unexpected problems.

Fleet personnel training is also essential. You’ll need to make sure your drivers are familiar with the vehicles and the company’s policies and procedures.

Then there’s transporting fleet vehicles from one location to another. You’ll need to have a plan for this, and you may want to consider hiring a transport company to handle this for you.

For example, you’ll need to know vehicle identifiers to prevent your transport from being unloaded at the wrong place or time.

Wrap up

You can create a successful commercial fleet that meets your needs and exceeds your expectations by following these essential steps. Just be sure to manage your fleet effectively, and you’ll be on the road to success.

Published: March 14, 2022
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SmallBizClub.com is dedicated to providing small businesses and entrepreneurs the information and resources they need to start, run, and grow their businesses. The publication was founded by successful entrepreneur and NFL Hall of Fame QB Fran Tarkenton. We bring you the most insightful thinking from industry leaders, veteran business owners, and fellow entrepreneurs. Follow us on Facebook, Twitter, and LinkedIn.

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