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Top ideas for small businesses to deal with high gas prices

Recent studies have shown that rising gas prices are hurting many businesses and companies that use large amounts of gas. This has been worse for small businesses that cannot transfer the high cost to the customers.

Some predictions have revealed that gas prices will double in the next few years. According to Norweb Energy Ltd, when gas prices continue to rise, a lot of businesses continue to struggle to be commercially viable. In this post, we provide some ideas that can help businesses to deal with gas consumption and the associated costs. The main goal is to ensure businesses are profitable without increasing prices and reducing employees. Some of the ideas offered can be implemented at no cost. They just require you to view your business from another angle. Some ideas require investment, but they do increase the possibility of getting a payback over time.

How to deal with high gas prices

Limit delivery times

tgwedfc6vhwedfc8jk22It is advisable to restrict customer deliveries and visits to particular blocks of time instead of spreading them throughout the week. For example, you can carry certain activities on Monday and Wednesday. This is the way appliance companies work to ensure to make their deliveries back to back.

Visit clusters of customers

Whenever you schedule deliveries or arrange appointments, it is a good idea to visit a group of customers residing in the same place. This is necessary to avoid extra mileage and backtracking.

Plan routes

It is advisable to map out efficient routes to a given destination by taking into account the travel conditions, traffic patterns, and distance. For instance, you should travel during off-peak hours. In this way, you can avoid idling in traffic jams.

Plan your loads

If you offer free shuttle services for the customers, you can take groups of customers who are loaded going to the same place. In this way, you limit the number of trips. This is an applicable idea for businesses such as hotels, airlines, and car dealerships.tg2wedfc7vhwedij2

Encourage customer coordination

It is a good idea to encourage your customers residing in the same area to purchase your products at the same time. In this way, you can provide discounts and even reduce the cost of transporting their products.

Partnerships

You can form alliances with different businesses to share the delivery vehicles. For instance, a group of farmers can consolidate their cargo into a single truck rather than having several trucks.…