Running your own haulage company takes an enormous amount of time, energy, and most importantly, money. You need considerable funds to set up a successful haulage business, but once you’re up and running it’s vital that you can begin to reign in your spend to ensure you can actually generate a healthy profit. Fortunately, learning how to cut costs and control your finances doesn’t have to be as difficult as you might imagine, as there are just a few key tips and tricks that you can make the most of to save a hefty sum in no time at all. So, if you’re interested in finding out more, then simply read on!

Hire Your Own Mechanic

Making the mistake of outsourcing mechanical servicing for your fleet of vehicles can have a huge impact on your overall spend, as you’ll be paying megabucks for the service that you receive when in reality it shouldn’t have to cost that much. Choosing to hire your own mechanic or team of mechanics will cut your costs dramatically over time, as you’ll have to pay nothing more than a basic yearly salary. You’ll also get the benefit of having them on hand whenever you need them, rather than having to wait for a suitable appointment at an external garage (subsequently losing income as a result of the time wasted).

Source Your Own Fuel

Filling up your fleet at a big brand fuel station is going to cost far more than necessary, yet for many haulage companies this is their chosen route. This might be because few people are away from the fact that you can actually source your own fuel directly from a supplier or distributor, cutting out numerous middle men that would have otherwise sent the price sky high. Finding a quality fuel supplier will change the way you operate within your company, as your vehicle won’t even need to leave your depot to fill up! Just make sure that you have all of the right storage equipment to keep your fuel safe and secure – click here for a range of relevant fuel storage components that you’ll likely need to invest in beforehand.

Consider Second Hand Vehicles

Purchasing an entire fleet of brand new vehicles for your haulage company will no doubt set you back an extortionate fee, and you may not even gain the driving experience or benefits that you had initially hoped for. There are several truck makes and models that have long been recognised for their reliability and performance, yet they simply aren’t brand new – rather than opting for the newer model, it’s always better to opt for a more trustworthy option that may be second hand. Second hand vehicles can be as little as half the price of brand new models despite being in great working condition, so this is the perfect pathway to explore if you want to save funds in your haulage company.

These money saving tips make it easier than ever to cut your costs without negatively impacting your haulage business!

Greg Kononenko
Greg Kononenko

My name is Greg Kononenko and I am a full-time online blogger and owner of Dad's Hustle. I'm a dad, and my passion is to help other mums and dads to start their own "hustle" and improve the financial future of their families.

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