Is van rental the right option for a new business?

Business

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When you’re starting out in business there’s a good chance that at some point you’ll need to move goods from one place to another. How often and how much will depend on your individual business but as your company grows and develops, your transport needs will change.

In your business planning transport is a key element and must be cost-effective. There are many options for van rental in Bristol so it’s worth doing some research before you decide.

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What type of van do I need?

An obvious thing people think about in terms of a van for their business is size. Sometimes, they may choose bigger than they really need to make sure they’re not caught short. However, using a large van only a few times a year can be very expensive when the cost of maintaining the vehicle is considered.

You should also think about whether you need special features or additional equipment to support your transport needs. Using a supplier such as www.autolynecarvanrental.co.uk/ that can provide a variety of options for van rental Bristol can help your budget stretch further.

Should I rent a van or buy one?

There are many advantages to vehicle rental compared with purchase or long lease. Most obviously, you’ll likely be renting a new or nearly new vehicle with low or no maintenance requirement, built-in breakdown cover and insurance. This means you can be certain how much you will spend on transport and have more control over cash flow.

You also don’t have to worry about rented vehicle(s) in terms of assets and depreciation in your annual accounts. Read about what travel costs are allowable business expenses here:.

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What are the benefits of van rental to a new business?

One of the key advantages of van rental for a new business is that it does not consume precious start-up capital but can be financed on a daily, weekly or monthly basis. In addition, your vehicle requirements may change as the business grows and renting makes it easy to upgrade to larger or specialised models.