The average fuel price in Chicago and New York surpassed $4.00 per gallon this past week. With the growing challenges of the current fuel crisis, business owners are watching profit margins shrink daily. Charles Tenney & Associates is helping transportation owners fight back.
This month Charles Tenney helped a limousine & chauffeured transportation business in Houston, TX secure a fuel expense reduction that will deliver $90,000 to the owner’s bottom line over the next twelve months.
Says Charles Tenney, “Implementing effective fuel management strategies can be the difference between owners thriving and barely surviving during these tough economic times.”
The implementation of this particular fuel management strategy created $7500 new cash flow in 30 days. The strategic adjustment will produce $90,000 in gross profit over the next 12 months. The $7500 in immediate cash flow paid for CTA fees several times over and equipped the owner with financial resources to initiate other much needed improvements to the business. In this case, an aggressive marketing plan which could not have been possible otherwise.
The best candidates for fuel management strategies are companies with $300,000 to $2,000,000 gross sales.
For more information on how Charles Tenney & Associates can assist your efforts to combat the rising cost of fuel, please submit the contact form below and a consultant will contact you.
