Selecting a Company Vehicle

In the working world today, there are more and more professions that need the use of a car during business hours. You could be running anger management programs as a councilor throughout the city or could need to get to several business meetings in a day with a series of important clients. If you're a business owner than providing your employees with cars can help to boost your company's image and are great employee benefits that will ensure that they are where they need to be on time and safely. Here are some tips for choosing the right company car for each of your employees that might need one.

When deciding what is the right car for each employee, there are three areas that you should look at. The first and most important is going to be price. You want to look at whether it's more feasible for you to lease vehicles or buy them and what your budget is. The cost of the car should definitely be offset by additional revenue and the benefits to the employees. If you're a naturopathic doctor and you're simply getting a vehicle for yourself to attend to house calls, you will be looking at something different than if you're buying for an office with a dozen salesmen.

Once you have the issue of cost sorted out, you want to think about the image that the car projects about your company and the employee who drives it. If you're running a spa that concentrates on using eco-friendly products than you may want to go with a hybrid vehicle. You also might not want to have the high-level employees of your company driving around in a discount vehicle. While this may seem trivial, it could subconsciously affect how others are looking at them and your company.

Lastly, you will want to examine what the car is mainly going to be used for. If you're running a catering company than you're going to need a vehicle with lots of space to transport food, but is small enough that you can park it relatively easily. If you're starting your own airport taxi company than you will be looking at models with good gas mileage that can still hold four passengers and their luggage quite easily.

A company car is usually going to be used for both personal and business trips so you want to make sure that it is functional for both of these purposes. You will also want to factor in things like maintenance, gas, and taxes when crunching the numbers over whether a company car is right for you and your business. While this can be a great benefit to your company, you don't want it to turn into an expense that you cannot afford.





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Tuesday, May 23, 2017