By Mark Peterson
Sole proprietors without additional employees constantly face the challenge of weighing cost to benefit when buying service and product for their business. Will the purchase make my business more efficient, more profitable, or more productive? The business owner will give the purchase serious consideration if the answer is yes to any of the three
A GPS 3100 is a small economical investment that actually assists the self-employed sole proprietor or independent contractor track the success of their efficiency, profitability, and productivity for their business. Business owners, especially sole proprietors with no other employees, rely heavily on external resources. “I am a plumber. I’m not an attorney. I’m not an accountant. I’m not auto mechanic.” In the perfect world, this business owner wants to focus on one thing…plumbing. That is their dream world. The reality is that the business owner has many distractions thrown into the pot like product supply, tax management, billing for service, legal issues; the list goes on and on. The result is that the business owner is constantly performing a balancing act of his or her time.
With a GPS 3100, the business owner has a secretary that tracks their time on the road, where they go, how long they stop at certain places, and what distances they travel. It is extremely portable. It simply attaches to the vehicle by a magnet. At the end of the day or week, the business owner takes it off the vehicle and plugs it into a USB port on their computer. The information can then be transferred and charted so the business owner can see his or her own efficiency, productivity, and ultimately profitability.
It’s a golden key for small business time management.
- It provides data that can show them how to condense on-the-road appointments and tasks into less time and fewer miles.
- It keeps track of mileage. One more task the lone eagle doesn’t have to perform manually for tax advantages.
- It records work efficiency. The plumber, for example can track how long it takes to perform certain types of jobs, and thus set future estimates on that time average.
The GPS 3100 vehicle tracker doesn’t give legal advice or suggestions on which insurance to buy. Instead, it records data that shows efficiency, productivity and profitability, which in turn frees up time so the lone eagle business owner can visit the attorney or insurance agent when necessary, and do even that, in a time efficient manner.