Is It Time to Invest in a Company Car?

Is It Time to Invest in a Company Car?

on Oct 23, 2018 in Small business

When you run a small business, you are likely to find yourself having to travel about a fair amount. There are all sorts of different places that you have to go, people you have to see, and events that you have to attend in order to get your company off the ground and running. Sure, public transport may be able to get you from one place to another when it comes down to it and it may be great for occasional trips for pleasure purposes, or for employees doing the daily commute to their workplace and back.

But it also comes hand in hand with a whole host of problems for small business owners. You may have to spend more time waiting around on train platforms and at bus stops to change between different lines and bus routes mid-journey, or walking from public transport stops to your actual destination and this time could be better spent on improving your business! You may also find that you have a lot to carry with you when making business trips – perhaps you need to transport products, carry large amounts of confidential paperwork around, or carry merchandising equipment to stores and trade shows. This is nigh on impossible on public transport. But not to worry. There is an answer to your problems. You could invest in a company car! This will save you time and provide you with a way of securely transporting everything you need from A to B. If this sounds good to you, here are a few key pieces of information to ensure that you get on the road as quickly as possible!


Take Your Test

If you haven’t already passed your driving test, now is the time to do it. Sure, lessons may seem inconvenient and they may be costly. But consider your time and efforts as an investment for your company’s progression!

 

Purchase a High-Quality Vehicle

Generally speaking, it’s preferable to invest in a brand new vehicle for your business. Not only will this look more professional, but the car is likely to come with a warranty, meaning that any problems can be rectified without you being charged. If you purchase a second-hand vehicle, be vigilant, check its service and MOT history, and test drive it before purchasing it.

 

Ensure You Are Covered

You are legally required to pay for a variety of things when taking to public roads. So, scour the market for cheap liability car insurance and make sure you pay your road tax to prevent problems from developing down the line.

 

Insure Other Drivers

If you have employees who will be driving the vehicle, make sure that anyone who gets behind the wheel is covered on your insurance plan. You should also make sure that you have seen and taken a copy of their pass test certificate too. Never take someone’s word for it when they say they have passed their test!

 

As you can see, a company car could prove to be the perfect investment for your small business. Not only will it make your life easier, but it will also help your business to progress and move forward too!

 

 

Image credit:  Pexels.com

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