As the end of financial year looms closer and spending seems to peak in preparation for next year the smarter business manager is challenging themself to ‘spend wisely’. MOGO, a Queensland based supplier of GPS Trackers and reporting software has just launched a campaign based on exactly that.
Small business finance experts have suggested that whilst responsible owners and financial managers have strategies in place all year round to reduce tax liabilities and expenses, the end of financial year represents further opportunities.
The Australian Bureau of Statistics most recent release saw the number of light commercial vehicles grow to over 2.6 million and light rigid trucks to over 124,000. With these numbers in mind MOGO has set itself the task of helping small business clients streamline expenses on vehicles registered for commercial use. The company isn’t rehashing the traditional vehicle expense items like finance, insurance and servicing, but the previously unconsidered elements like communication between office and fleet, traffic avoidance for time sensitive work and fuel reduction for location specific jobs.
MOGO is offering small business operators a quick way to calculate the savings they can make over a 90 day period by using GPS Tracking software and the insights taken from it. Those choosing to purchase devices for under $250 upfront have the option of five different plans each offering a deeper level of information. MOGO’s spokespeople are saying, ‘this is a way to spend a small portion of the annual budget to reduce ongoing expenses every month.’
To find out what your business could save, visit mogogps.com.au and try the on-site calculator out for yourself!