Making Savings for your Small Business

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Making Savings for your Small Business
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The costs of fuel and energy are significant ones, particularly for small businesses. If left unchecked, these costs can spiral out of control, and in extreme circumstances can even put the future of your business in doubt. It is therefore crucial to take advantages of any energy and fuel saving tips or resources that are available to you.

Fuel saving

One good method of saving money on the cost of fuel is to use fuel cards. Fuel cards are not only an easier and hassle-free method for drivers to pay for fuel, compared to having to carry and mess around with lots of cash, but also can save money when they are arranged with an established provider of fuel cards. Having a fuel card means that you have an arrangement to purchase fuel wholesale from major diesel and petrol suppliers, which saves you a few pennies every time you buy a few litres of fuel. That may not sound like much of a saving – but if your company has a number of vehicles on the road filling up every day, those savings can actually start to become quite considerable.

Of course, another good method of fuel saving is to choose to use a new or used van that has an excellent miles per gallon ratio. Van operators always want low running costs, and a big part of achieving that is selecting the most economical van possible.

One of the best examples of this in terms of small vans is the Ford Transit Courier 1.6 TDCi, which is able to deliver 70.6 miles to the gallon when on the combined cycle. This figure is superior to that found in the Citroen Nemo, Fiat Fiorino Range and Peugeot Bipper, all of which return a (still pretty healthy) 68.9 miles per gallon. One of the most economical mid-sized vans, on the other hand, is the Mercedes Vito 116 CDI BlueEfficiency model, which offers 49.6 miles per gallon.

Energy Saving

Fuel is not the only area in which small businesses can make savings. Energy costs can be just as considerable as fuel costs, but there are ways to make savings, including making sure that all items of electrical equipment such as computers, printers and photocopiers are switched off during holidays, weekends, and at the end of the business day.

These days it is also possible to buy appliances that are inherently energy saving; although these items can seem more expensive in initial outlay, the lower running costs they accrue over the course of their lifetime will more than make up for that.

Other good ideas for businesses to save on energy costs include using laptop rather than desktop computers, as they tend to consume less than fifty percent of the energy; upgrading monitors to the more energy efficient LED models; and using a smaller screen. You might also want to bring your staff in on the campaign, by encouraging them to turn off any equipment or lights not in current use – and, of course, coming up with their own energy saving ideas!

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