In business, there is an ever-shifting balance between income and expenditure. For everything that comes in, there will be supplier costs, business-related fees, premises running costs, employee costs, and so much more. The price of these items may change considerably throughout the year. Suppliers need more money, the cost of living forces wages up, and then there is the cost of fuel.
If you are in the agriculture or construction industry, then you will rely heavily upon your vehicles and machinery in your work. These will need to be running much of the time, and as such, can be expensive to fuel. But when it comes to fuel costs, you often cannot predict them. There is a vast fluctuation when it comes to fuel costs, and by the time you take an extra couple of pennies per litre and multiply that by the amount of fuel that you use in a week, you will often find that a minor price change can be quite costly when it hits your bank balance.
With this in mind, your business should look at ways of saving fuel and reducing the cost to the company.
Use Gas Oil
Gas oil is often commonly known as red diesel. There is only one real difference between gas oil and regular diesel and that is that it is coloured with a red dye. Red diesel is available from companies like Fuel Box and can save your business a considerable amount of money. Red diesel is subject to a different set of tax regulations than regular diesel, making it a great deal cheaper for the end-user. It is only permitted for use in specific industries though; you are also not allowed to use gas oil on vehicles that are being used on the road either. Authorities have the power to be able to check vehicles to see if the red dye has been left in the fuel tank to ensure that this fuel has not been misused
Replace Your Fleet
Your company’s vehicles will need replacing from time-to-time, and when it comes time, you should look at finding models with a greater fuel economy. With environmental issues taking the forefront in our lives, many companies are creating more efficient vehicles, making this one of the major contributing factors when it comes to deciding which model of machine or vehicle to buy. It will not only help you to reduce your carbon footprint, it will save you a considerable amount of money over the lifespan of the vehicle.
Create A Less Wasteful Working Culture
The way that your employees use your machinery and vehicles will affect fuel consumption. Leaving motors running when they are not needed will mean that you are burning through more fuel and costing yourself a considerable amount more. Retraining your staff so that they are being more efficient in their use of company vehicles and machinery will mean that you can get people to start thinking about the costs and environmental impact of their actions.
This is a contributed post