Advance Your Company Performance With More Education

Posted on February 6, 2014 by - Also by this author

B2B and self-education opportunities abound to help limousine operators stay current on every aspect of business. One of the best places to start is at the annual International LCT Shows, with the next one Feb. 16-18 at the MGM Grand in Las Vegas.
B2B and self-education opportunities abound to help limousine operators stay current on every aspect of business. One of the best places to start is at the annual International LCT Shows, with the next one Feb. 16-18 at the MGM Grand in Las Vegas.

From how to answer the phone to using social media, there are many educational opportunities throughout the industry that can keep your company on the leading edge of service delivery and quality.

The Basics

While you may believe you know all there is to running a business after many years, practices and people always change. Change is the only constant in our lives. Think about basic things we use every day, such as the Internet or smart phones. Those didn’t even exist 20 years ago. Likewise, Quickbooks, a favored accounting system in small business, wasn’t even heard of. There are seminars on phone etiquette, filing state and local taxes online using Quickbooks, and keeping in touch with clients through social media and contact management. If you don’t stay current on such topics, then in the next 10 years your business model will be outdated.

It Costs Money

In most cases, training seminars cost money to attend. However, think of this as an investment instead of an expense. You might even create a small savings account and put $25 a week into it for training purposes. When you receive a notice in the mail about a course that might benefit your business, the money will be there. This money also can be used to attend the International LCT Show in Las Vegas. There is no place under one roof that can provide the industry specific education provided at that Show. Spending the money on education makes sure your employees are at the top of their game in knowledge and trends.

Ignorance Is No Excuse

You’ve heard that phrase before. You know the transportation industry is highly regulated by local, state and federal authorities, not to mention airport authorities. The laws are often changing, such as the Department of Transportation’s HOS (Hours of Service) regulations. You simply must stay current on the laws that affect you. You may pay a hefty fine simply because you failed to keep up with the changes in laws during your 20-year career and not knowing the law isn’t going to get you out of the fine.

Keeping Up with Technology

Technology is moving at lightning speed. Many government organizations are eliminating paperwork and relying upon computer input to keep abreast of your company. For instance, IFTA Fuel filings on paper are becoming outdated, and you must start filing online reports in 2014. The same goes for MCS-150 filings that must be completed biennially. For years, the IRS has collected payroll taxes using the EFTPS system. As government agencies look for ways to save money, automation will be key in the process. Not knowing how to complete these reports online can complicate matters for your company as paper filings will not be accepted in the future.

Where Are These Classes?

Without a doubt, you are receiving invitations all the time in the mail for everything from social media to Quickbooks updates, sexual harassment training, conflict resolution in the workplace, and many others. You probably are throwing these in the garbage because you believe you could teach the class. Perhaps you could. But, can your employees? Check with your local Chamber of Commerce for classes they might provide. Visit www.findaseminar.com and enter your city name to see what’s available in your area. And, of course, attend as many LCT trade shows and conferences as possible along with any seminars and conferences hosted by the NLA and your state and/or local associations.

The International LCT Show this year in Las Vegas is offering ample seminars full of take-home, business-to-business value. I have found these to be priceless and, of all the trade shows, the best deal around for what you pay. You may check out the complete schedule here at www.lctshow.com.

View comments or post a comment on this story. (0 Comments)

More News

Rhode Island Operation Buys Wedding Trolley Service

Operator John Olinger of ROCKSTAR LIMO / O2 Global plans to grow the fleet of Kenny's Coach and Trolleys.

Sister Duo Absorbs What Industry Offers

eNews Exclusive: Briana and Chelsea Candeub of Park Avenue Limousine have learned the importance of never letting educational opportunities pass them by.

Luxury Travel Trends Disrupting The Industry

Brands can no longer rely on low-hanging fruit. Instead, they need to implement differentiating strategies to succeed going forward.

Chosen Payments Assists Operator Who Was Scammed

A suspect used a mobile app to place ride orders directly into a New Jersey company's software system.

Young Limo Entrepreneur Makes His Mark On The Industry

ENEWS EXCLUSIVE: Moe Ahmed started his California-based company at 18 and proves anything is possible when you have an incredible work ethic.

See More News

Facebook Comments ()

Comments (0)

Post a Comment



See More

LCT Store

LCT Magazine - March 2017 $12.95 INT'L LCT SHOW ISSUE COVER STORY: * Innovate or Die: Show To Be a Business "Disrupter" * *


Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close