4 Ways Big Data Has Changed Fleet Management Forever

Fleet management is no simple task; it’s tough to balance vehicle acquisition, repairs & maintenance, as well as disposals. All of that’s even before you consider the knowledge and effort it takes to be in full compliance with regulations and state laws. Without fixed parts, fleet management is a complex and ever-changing process.

Fleet management

Fortunately, today’s fleet managers have a distinct advantage: big data. The advances made possible by big data have ushered a new era of fleet management. Today we’ll examine four ways that big data forever changed the world of fleet management.

1. Improved Efficiency

Naturally, one of the most important aspects of fleet management is the ability to ensure drivers are on the right route at the right time.…

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A Guide to Setting Up Your Own Consultancy

Internet has made remote collaboration a possibility. It is possible for businesses to outsource components of their work to third party consultants. This is beneficial in two ways.

Firstly, businesses save costs due to fewer overheads in terms of office space and salary. Secondly, third party consultants specialize in certain aspects of business which makes them a lot more productive and efficient in executing tasks.

Business consulting

Consulting is quite often the way that professionals in 9-to-5 jobs dabble with entrepreneurship for the first time.

Setting up your consulting firm can be confusing at first. In this article, we will take a broad look at the various steps that go into launching your own consulting firm.…

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Four Outlets for Outsourcing: Save Time, Money, and Sanity

The cogs that make up the business machine are often too much to handle for a small group let alone a sole proprietor. There simply isn’t enough time in the day.

The suggested solution is to manage your energy.

Outsourcing

Energy is a finite source – time will keep ticking. You wish you could do it all but you can’t. This leads to an expansion of the business which comes with new headaches to be had in the hiring and management process. Those energy reserves are certainly getting low now.

The solution? It’s time to outsource for the big wins.

Logistics

Logistics, the management of delivering the product, accounts for a sizeable time and money chunk of business operations.…

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How to Improve Customer Outreach and Your Business Reputation

Communicating with customers is an important part of running a business. If you want a healthy cash flow, you need to understand and effectively conduct customer outreach.

Customer outreach

Customer outreach is meant to benefit your business and encourage more people to buy from you. But, it can end up hurting your business reputation if it isn’t carried out right.

After 30 years as an entrepreneur, I know a few things about establishing a customer outreach plan, keeping a business reputation intact, and improving outreach processes.

What is customer outreach?

Customer outreach is the process of connecting and communicating with customers and enhancing relationships.…

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5 Reasons Why Good Communication With Your Employees Will Boost Your Business (and How To Do It)

When you communicate well with your employees, work relationships are generally hunky-dory. Good communication enables you to build good relationships with your staff. With good working relationships, any problems tend to get aired sooner rather than later, allowing you to nip potential problems in the bud. If you don’t bother putting in the effort to communicate with your employees, you could be hurting your business more than you think.

Good business communication

So, what is good communication? At its most basic level, communication is the imparting or exchanging of information by speaking, writing, or using some other medium. That can include email, text and chat applications.…

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Tips For Boosting Employee Morale

Being a business owner comes with many responsibilities, which is far too many to mention them all. Keeping all your employees motivated will be an ongoing task that will require the assistance of your entire team of supervisors. If your workers are not motivated, they will not be as productive as they could be, if it were the other way around.

Motivated employees

Every worker has a mind of his or her own, so you will need to start by making sure everyone is one the same page. Below, you will discover several tips for boosting employee morale.

Giving Them Reason To Believe

When you first hire the employees to staff your business, you will need to make them aware of the fact that they are going to be involved in something bigger than themselves.…

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Top 10 Responsibilities of a Limited Company Director

Directing a Limited Company effectively can be challenging. Impeccable organisational skills and a competent understanding of accounting – keeping track of all tasks in order to stay within the Companies Act 2006, is vital to guarantee your success.

Limited company director

Deciding to manage your Limited Company by yourself without the assistance from an accountant, it is imperative to know the tasks that need to be completed and when. Below, we have comprised a guide of our top ten most important responsibilities a director of a Limited Company must undertake. For an annual fee specialized contractor accountant firm can assist you with all but one (filling your tax returns) of these responsibilities for running a tax efficient and successful company, making your life as a Limited Company director easier.…

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A Manager’s Guide to Giving Proper Employee Performance Evaluations

Make no mistake about it, administering an Employee Performance Evaluation is never easy. While the process of assessing employee performance may seem intimidating at first, they do become easier the more a manager does them.

Employee performance evaluation

Performance, including productivity and morale, go up significantly when managers empower employees with the constructive criticism and positive feedback they need to strive to be the best they can be for the betterment of the company.

This guide will help all managers to learn and/or improve upon the skill sets that are needed to perform accurate and effective employee assessments with the utmost professionalism throughout their careers.…

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How Small Businesses Save With Cowork Solutions

Whether you’re expanding, want a more professional environment or are just sick of working alone, there comes a point for every small business where your home office is no longer the right environment.

However, you may not have the finances or a business requirement to rent a permanent office space.

Coworking space

There is another option. One that is more flexible and cost effective compared to a traditional office space: coworking.

An estimated 3.8 million people will use coworking spaces by 2020 and many small businesses are turning to this way of working.…

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3 Procurement Tips for Small Businesses

Anybody running a small business will know only too well how many different hats they have to wear in the average working day. Strategy, operations, business development, staffing, finance and customer relationship management, to name but a few.

Procurement

As a result, procurement can often be treated as a low-priority issue that gets very little attention or strategic focus. This can be a big mistake when you consider that small and medium sized businesses spend at least 50 percent of their sales revenue on procurement of input services and materials.

Put that way, it is easy to see the impact that even a small improvement in procurement efficiencies could have on your bottom line.…

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