Tag: cost savings

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April 5 2010 - Article

Higher Risk Doesn’t Always Mean Higher Fees

When it comes to merchant processing, or settlement of electronic payment transactions, it’s important to know what to expect and what you’re paying for. Crystal Sulzer, managing partner of Ferrari Merchants, explains credit card processing and breaks down the monthly fees.

January 8 2010 - Article

Using Trade to Survive in a Bad Economy

We are fortunate to have a product that is widely sought after. Whether it is a 55- passenger coach or a super-stretch limousine, many of our vendors would love the opportunity to engage our services without having to pay cash. Anytime you have an opportunity to trade advertising, oil changes, fuel, or any other product or service, take advantage of it.

June 29 2009 - News

Manage Expenses Strategically

During these challenging economic times, managing expenses has increasingly become a priority for many small-business owners. In fact, many have taken inventory of their expenses and are taking steps to control costs in 2009.

May 21 2009 - News

NAFA Releases Fleet Management Guide

NAFA Fleet Management Association releases a resource that helps fleet managers take control of their fuel costs. Effective fuel management is not only an integral part of fleet operations, but plays a major role in the annual budget as fuel is the second largest fleet vehicle expense behind depreciation.

April 1 2009 - Article

Financial Tools for Staying Strong

Ron Sorci, Aventura's chief financial officer, explains how operators handle a recession, during a presentation at the International LCT Show. Sorci, who is also president of the National Limousine Association (NLA), also emphasized that financing a fleet takes a lot of overhead, and making it feasible involves studying options and tapping strong ties with bankers.

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