Toyota has launched a Business Guide on its website to help business owners select the right vehicles and finance options for their fleet. The guide acknowledges that vehicles are the main tool for many business to create revenue and needs change over the different stages.
The different stage identified by Toyota are:
- Setting up
- Growing
- Support
- Maturing
When setting up a business, purchasing your first vehicle is a major investment and selecting something that’s Fit for Purpose may be daunting when you don’t know if you’re going to succeed or fail. The cost to run the car (Whole of Life Cost) is also important because you want to keep your expenses low to invest back in the business.
Once you’ve picked the car, van or utility, how do you finance it? There are many options that could impact your ability to access more money when you succeed and need to borrow to expand.
Growing your business normally means more staff. Will they need vehicles? If so, should you give them company vehicles, a car allowance, or offer novated leasing? You’ll also need some tools to manage productivity and workflows. In the Business Guide from Toyota you’ll find tips on all of these things plus marketing ideas like vehicle branding.
Overall the Business Guide on the Toyota website provides a number of ideas to help businesses making fleet decisions. Click here to take a look.
