Skip to content

2,400+ Clients since 2001 • $4.3+ Billion Raised

3 Things To Include in Your Fleet Company Business Plan

When you start a business that includes owning and operating a fleet, there are a few industry-specific things that must go into your business plan. Even if you are a beginner with little relevant experience, basic research can help you head in the right direction. Instead of waiting until you are up and running to determine how you will troubleshoot specific issues, plan for them in advance. When you run a business that is constantly on the go, expect the unexpected and have contingency plans in place. This also reduces the need to make hard decisions in times of haste or high emotion.

Fleet Company Business Plan

This will not only help you navigate your startup, but it will also help your employees understand more significantly how to perform the duties of their jobs, and it will give investors or loan officers the peace of mind that your venture can support itself financially. The following elements are going to be the best pieces of evidence to round out a business plan that is well thought out and includes specific details that will lead to success.

Fleet Management Process

It will not be enough to have a broad outline here, as there are many details that go into managing and maintaining a fleet. You should consider things like where your vehicles will be housed, who will be responsible for their in-house maintenance, and what types of certifications and legal requirements will be necessary for these vehicles to remain in compliance. Your business plan is not like a CEO resume or other professional documents with size limitations, so feel free to include details.

You can review guides to custom fleet management software before you put pen to paper. These guides describe what a fleet manager does, how to track your vehicles, and the benefits you can expect from implementing various systems and processes. From there, it will be your responsibility to take these generalizations and marry them with your business’s specifications.

Digital Security Plan

You might think that since the bulk of your business will take place in the field, you do not have to plan for cybersecurity and protecting sensitive data, but you would be wrong. Every business needs to consider this regardless of industry or style of operation.

Considering the digital tools available, you will likely have team members working remotely. In such an event, you will certainly need to prioritize digital security as you will have many people working across multiple servers which, left unprotected, can be an invitation to hacking attacks. Even the road team will most likely be using some form of technology that protects sensitive information. Think in advance about how you will protect yourself from hackers because it is easy to be vulnerable but quite difficult to recover from an attack.

A Thorough Training Solution

In any industry, hiring the right people is critical. Fleet owners need the confidence conferred through efficient, effective, and continuous training. It is not enough to provide training manuals and online tutorials. You need to prepare your drivers and their managers for things like dangerous road conditions, patience with unpredictable traffic patterns, and extreme weather conditions.

As a business owner, get involved in these methods. Personally attend training sessions to show that you do not take the subject lightly. This can also help improve communication habits between you and your staff. When people from every tier of the company can see that you are involved, knowledgeable, and dedicated to giving them the tools they need to be successful, they will be less hesitant to come to management when situations arise. This also generates mutual respect. Don’t forget that this is a business partnership between you and your team. You are expecting certain things from them, as they are of you.

Jason Wells is a professional writer and occasional contributor to various business and technology blogs.

This article was last updated on
Back To Top