It is always a large expense to add a vehicle in our trades businesses. The big question is when and why to add a vehicle to a fleet? Assets are necessary to complete the work requirements, however as we have seen from time to time, these costs can be damaging to a company due to excessive growth. Its easy to buy and its hard to grow into the excess costs without having a game plan to do so ahead of the purchase.
This video takes a deeper look into when to add an asset, specifically vehicles, based on capacity, growth and having a dedicated plan to develop sales. While it is easy to buy and add the costs, we need to be sure the business we have is sustainable in order to more than offset the costs associated with fixed assets.
Run Time: 17:34