Tips Series: Gas Saving Tips For Your BusinessBy Contributor • Aug 15th, 2011 • Category: Savings
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Article by Loren Yadeski
The ‘economic headwinds’ that have been hitting the country since last year have made gas prices soar to high limits. Everyone is affected by these rapid gas increases but more so numerous, if not all, business establishments. If you own a business, now is the right time to start saving on gas money. Below are the top two saving tips that are sure to stretch your business’ gas money.
Keep your cars in tip top shape
A car and its engine that is well maintained perform well and increases fuel efficiency. This generally entails lower gas consumption and better gas mileage. If your business owns a lot of cars, then you probably use the services of a regular mechanic shop. Have them regularly check car tires, air filters and gas caps.
Car tires not inflated to its proper air pressure level makes it hard for the engine to roll the car. The engine would need to work hard and eat up a lot of gas. So, ensuring that car tires are inflated to its proper air pressure level also ensures that you save on fuel consumption, usually from 5 to 10 percent.
The car’s engine needs to burn fuel with the help of oxygen, which comes through the air filter. If the air filter is clogged then not enough oxygen would go through which makes the car engine work harder on burning fuel. The engine would then require more gas. Air filters should be regularly checked and replaced if clogged.
Gas caps also deserve attention. Without gas caps, gas evaporates faster and you end up pumping for more gas. Immediately replace cracked and defective gas caps.
Use Gas Credit Cards
Using gas credit cards is one of the most popular and widely used gas savings tips. Gas credit cards offers rebates every time you fill up at the gas pump. Rebates offered are somewhere between 2% to 6%. This is only a small percentage but results to a very considerable amount if applied to your total annual business gas consumption. These rebates are in the form of reward points that accumulate over time. After every billing period, rewards points are redeemable usually in the form of cash backs. There are also other reward offerings such as gift certificates and airline tickets but for your business, cash back rewards are preferable. Some companies automatically redeem cash backs which are credited back to the card while others issue checks.
It will be a bright idea to issue gas cards for your delivery trucks and sales persons or to your other employees whose gas consumption is on your business’s tab. And to maximize your business savings on gas, pay the bill in full and on time to avoid paying for the interest.
Making sure your engine runs in tip top shape will ensure better gas mileage. With today’s prices, regular car engine check-up and parts replacements are a big help. While having your employees use gas credit cards stretches you business’s gas money.