To protect both your business and your employees, it’s critical to understand taxable benefits. To help get you the information you need, we interviewed our resident Financial Analyst Andrew Kines.
In this article, Andrew shares taxable benefit implications for both employers and employees. He also provides advice on how to keep on top of them.
Q: What exactly are taxable benefits...
We know long term leases aren’t always the best fit for many companies. So we’ve been busy developing a short-term lease solution for those who want all the benefits of leasing—without the long-term commitment.
In this blog, we’ll introduce our new Flex program, and share the key benefits it provides to businesses.
WHAT IS A FLEX LEASE?
Our Flex program is a customized short-term...
We’re excited to announce the release of our new and improved driver portal. Today, we’ll share some of the portal’s key features, and specifically, how they’ll benefit drivers and fleet managers.
The new portal is the result of many hours spent working with clients to determine the best way to build upon the previous version. Our in-house programming team then supplemented these insights with...
It’s indisputable. The landscape industry is utterly dependent on vehicles.
Landscaping companies need fleets of vehicles to deliver services and products to a demanding, yet appreciative, clientele. Whether it’s a new project or scheduled maintenance, sending the right vehicle is essential in making money in this competitive business.
There is also a seasonal urgency that may translate to...
Deciding on the best way to acquire vehicles for your fleet?
You might be considering whether you should provide a company car to a driver, or give drivers a car allowance for company use of personal vehicles.
Here at Foss National, we often advocate for a company car arrangement with drivers. And since this is a decision that greatly impacts your fleet operations, we wanted to go into some...
Want to improve your drivers’ happiness? Then you’re in the right place.
Today, we’re going to talk about how to boost driver engagement and satisfaction. Because at the end of the day, happy drivers perform better.
And what does that mean for your company?
Keep your drivers happy, and you’ll be well on your way to:
reducing fuel and maintenance costs
improving your risk management...
Running a business is a multitasking challenge. Among your many priorities, where does customer service stand?
If it's not top priority, it should be. Companies committed to customer experience consistently outperform their peers and have a clear competitive advantage. Successful businesses are 21% more likely to say customer experience is very important, compared to stagnant or declining...
As a plumbing fleet manager, you know the delivery of your services relies on a mobile workforce. It goes without saying that getting your team to the job site is essential for profitable business. But what about finding ways to save money while operating your fleet? And how can you help drivers be more efficient and productive?
Over the years, we’ve worked with a number of plumbing companies...
Managing a fleet is a tough job.
For starters, keeping track of each vehicle's plates, tags, and stickers can burn a lot of your valuable time. Although it is an unrewarding task, you need to keep your fleet operational and ensure each vehicle is compliant and up-to-date with licensing and insurance requirements.
Understand your fleet’s total cost of ownership with the help of this free PDF...
The consideration of open end vs closed end lease is an important one for fleet managers. While neither option is inherently better than the other, you need to choose the best fit for your company.
The key takeaway here is that there are significant differences between the flexibility and risk in both leasing structures. This article can help you better understand these two leasing...