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Small Business MOGO GPS Helps Clients Drive Profitability

Announcement posted by MOGO 28 May 2013

MOGO has seen how implementing GPS Tracking technology can decrease expenses associated with commercial vehicle fleets.

As an established supplier of GPS Trackers, Brisbane based small business; MOGO, works with SMB clients and is familiar with the financials of the small business space. Businesses with multiple vehicles held as company assets also have the added task of carrying these expenses. MOGO has seen how implementing GPS Tracking technology can decrease expenses associated with commercial vehicle fleets. 

Industry experts say the volatility of business revenue is significantly higher for small business than larger businesses. Historically, between 2005 and 2010 annual revenue changes by at least 25% for almost half of small businesses each year whilst it was this change was seen but only 30% in medium businesses. Whilst some might say this data suggests bigger is better, the converse strategy would be reducing unnecessary outgoings.

Australian business critics are unsurprised by the fact that only 60 per cent of small companies were profitable in recent years. With the added considerations of changes in expense caps, tax deductions, fuel rebates and fuel prices,it seems that small business is at the peril of many elements, many of which are out of their control.

As commercial fleets continue to expand so do the associated maintenance, communication and general running costs. When considering the number of light commercial vehicles has now surpassed 2.6 million and light rigid trucks are in excess of 124,000 the cost of keeping all these wheels in motion is certainly mounting.

By analysing their own vehicle fleet with GPS Tracker technology businesses have a starting point to benchmark fleet operations and expenses. Working with businesses that use GPS trackers and online GPS Tracking software is something that MOGO does every day.  MOGO has seen clients reduce their fuel bill by significant amounts simply by ensuring vehicles are using ‘logical’ routes instead of those they might personally prefer. Call expenses are also cut down considerably as the ‘where are you’ phone call doesn’t exist any longer, the associated safety aspect of this change is also considered priceless by many employers.

The cost savings however do go on for businesses with a vehicle fleet and www.MOGOgps.com.au features an online calculator to show just how much businesses can save over just 90 days.