Tue, 30 October 2018
Fuel Cards for Owner Managers and Sole Traders – If your business is in the growth stage, you’re still acquiring assets, the profits are there but cash flow is playing catch up, then you need a fuel card that matches your business needs. We also know that convenience and moving fast to take advantage of every opportunity that you come across is vitally important – that’s where the right card and vehicle management tools come into play.
Just because you’re not incorporated, or a small limited liability business doesn’t mean you can’t benefit from the savings and free account management that large fleet operators enjoy.
You work hard and play hard – just because you take some time off or have some seasonal downtime doesn’t mean you should be penalized when you don’t use your cards one week. If you’re a one or two-person show then choose a card where you can get some great administrative benefits and end up with more time in your life for the important things.
If you choose a commercial rate fuel card, covering every major brand: BP, Esso, Shell and Texaco, as well as the UK Fuels and other major networks, you can budget via interest-free short-term credit, and reduce your fuel expenditure. Make sure you reduce the burden of administration by getting access to some great online account management tools and the best compliance invoicing systems out there.
If you choose a widely accepted retail rate fuel card and your key aim is just driver convenience, then control over invoicing and receipts are even more important and the right systems will put hours into your day.
Having fuel cards can save your business money, do your driver fuel expenses claims automatically and make it a 30-second job to reclaim your fuel VAT. As a free comparison site, iCompario can find you offers on cards from all the big oil companies or multi-brand cards, and deals with no minimum purchase or tie-in contracts.