Anyone who drives a car to get from one place to another knows the ill-effects of having a car with low mileage. Whether for business or pleasure, if it consumes a lot of fuel, after a point the expenses may start bugging you. No wonder, an average American household spends around $2,000 a year on […]
Vehicles
How the Tech Explosion is Challenging the Vehicle Industry
With American vehicle sales breaching $1 trillion and more than £82 billion in turnover in the UK, the motoring industry has never been more competitive. Technological advances are driving this competition in a host of ways, such as improving regulatory oversight (most notably safety and environmental), which in turn is requiring manufacturers to step up […]
3 Simple Ways A Small Business Can Save Money
A small business usually operates on some very lean margins to be able to price competitively, but now so more than ever. Overprice and then lose business to your competitors. Price too low and you can’t survive on the meager profits. Though you should always be looking to grow your business to get through that, […]
Is Your Car a Small Business Tax Deduction?
There’s a lot to keep track of when you’re starting your small business. Sometimes half the battle is keeping track of your expenses so that you can write off business costs on your taxes. But have you ever considered that every mile you put on your car driving to and from client lunches, purchasing supplies, and dropping […]
How to Find the Best Car Insurance for Your Business or Personal Needs
Cars have become an essential part of both individual and business life. It is a standing requirement that all cars should have in place a valid third party insurance. With the availability of instant car insurance quotes online, the process is much simpler than it used to be. The first step to finding an instant […]
Should Your Business Have a Car?
As an invested entrepreneur or small business owner, you might consider the possibility of buying or leasing an official business car. This vehicle could be used exclusively for business purposes, or could be used by employees as both a personal and professional vehicle. So under what conditions would a business car be a good investment? […]
Business Deductions for Meal, Vehicle, and Travel Expenses: Document, Document, Document!
Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could find your deductions denied by the IRS. An Important Requirement Subject to various rules and limits, business meal (generally 50%), vehicle and travel expenses may be deductible, whether you pay for the expenses directly or […]
What is Leasing and How Can It Help My Business?
Normally, when it comes to innovation and the most advanced ways of doing something, businesses lead the way, making discoveries and challenging accepted ways of doing things which are soon adopted by the public sphere. When it comes to saving money on cars and autos though, the public sphere definitely has a thing or two […]
Avoid These 6 Mistakes When Choosing a Vehicle for Your Business
Investing in anything for your business always has to be considered carefully because no one wants to waste profits on a hasty decision. What’s more, transport is often one of the biggest single outlays for startups and small businesses, so getting it right first time is crucial. If your business is based at home, or […]
Yes, Even Car Color Matters When Evaluating Vehicle Depreciation Costs
The management of fleet vehicles is inherently costly, but the biggest fleet expense is by far the depreciation of vehicles, followed by fuel costs. Depreciation will be dependent on your business vehicles age, mileage, vehicle type and model, as well as your acquisition costs. But how can you manage the depreciation of your business vehicles […]
