Deep Sojourner

Writings and Musing on the Web

December 17, 2010

Who Needs Industrial Supply Products?

Many entrepreneurs assume that only big companies such as warehouses and manufacturing plants need industrial supply products. The truth is, though, that many smaller companies need such products, too. Here are a few examples of small, every day companies that use or could use industrial supply products.

  • Painters - Paint guns and paint sprayers are industrial supply products. Most painters will do the bulk of their work using sprayers, so that they can maximize the number of jobs they can complete in a set amount of time. Paint sprayers allow painters to work faster and more efficiently, maximizing their earnings.
  • Contractors - Contractors are part overseers, part jack-of-all-trades, usually on big jobs such as remodeling or adding onto a home. As a result, they are often in a position to need industrial supply products such as paint sprayers and other equipment. Many contractors are also sole proprietors and small business owners.
  • Auto mechanics - Many mechanics will never handle anything more than oil changes and minor repairs. However, if you want to focus your business on engine repairs and performance upgrades, you will need to invest in some pretty heavy-duty equipment. Boring out a cylinder or even resurfacing a brake disc requires specialized equipment such as a lathe. If you are going to be doing a lot of this kind of work, you will want to invest in your own equipment, rather than sending the parts out to a machine shop every time.
  • Web hosts - A web hosting provider is a company that offers server space and IP addresses for other people’s websites, both personal and business related. Because one of the criteria that website owners often look for in a web host is minimal downtime (time when the server hosting their website is not connected to the Internet), it is vital for any web host to have redundant power sources, such as a power generator, in case of a power outage.
  • Data centers - Data centers are servers where individuals and businesses can store their data via the Internet. For instance, when you back up the data on your computer with a service such as Mozy.com, your files are being transferred via the Internet and stored on the data center’s servers. In order to be able to save or retrieve data at any time, the data center must have an alternate source of power, such as a generator, that will kick in during a power outage.

Industrial supply products are obviously not just for big businesses and manufacturing plants. There are many smaller businesses that have need of these products on a daily basis. If you only need certain equipment on an infrequent basis, you might be able to get away with just renting it. However, keep an eye on your costs — at some point, it will make more sense to buy the equipment than rent it.

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December 1, 2010

Green Legislation and Business Fleets: What You Need to Know

Green legislation is a wonderful thing. It encourages businesses to behave more responsibly so that the earth can remain safe and clean for the generations that follow ours. However, some of the changes that are required as a result of this legislation can be tough on businesses. For example, businesses that operate large fleets of vehicles have been greatly impacted by some of the green legislation that has been passed recently. Businesses should certainly follow the law but they need to understand how to manage its effects on their daily operations.

One piece of green legislation that has affected businesses with large vehicle fleets is the Presidential Memorandum that President Obama signed in May 2010. It directed the U.S. Environmental Protection Agency and the U.S. Department of Transportation to create new fuel efficiency standards for large trucks. It also mandated that the trucks decrease their greenhouse gas emissions.

In order to meet these standards, businesses with fleets of large vehicles have needed to make some changes to their fleets. The first important thing was to have all vehicles serviced with up-to-date maintenance to make sure the vehicles are operating as efficiently as possible. Those vehicles that still couldn’t meet the new standards needed to look at putting their old trucks out to pasture in order to comply with the new legislation.

Another piece of green legislation that impacts businesses with vehicle fleets is The American Public Power Act. Sponsored by Senators Kerry and Lieberman, this act looks at the role that the transportation industry plays in climate change problems. It requires that all of America’s energy sources be as clean as possible, setting up programs to help make this happen including ideas for renewable energy resources to be used with increasing frequency.

This legislation strongly encourages businesses to take responsibility for the effects their fleets have on the nation’s health and wellbeing. It may offer incentives for businesses that want to reduce their fleet’s fuel waste. Businesses that are interested in switching their vehicles over to renewable resources energy (such as getting electric vehicles when possible) may benefit from this type of green legislation.

These two key pieces of green legislation are great examples of the two different approaches that the government is using to encourage less waste in the transportation industry. On one hand, they are punishing those businesses that do not comply with the requirements. On the other hand, they are offering incentives and rewards to businesses that want to be on the cutting edge of making their fleets greener. These same two approaches are used at the state level as well.

The bottom line is that businesses operating large fleets (and even small fleets comprised primarily of large vehicles) need to stay abreast of green legislation. They need to know what they are required to do to stay in compliance with changing laws as well as what benefits are available to them when they go green. They need to take action to make sure that their fleets are as up-to-date as possible with green standards.

Some businesses will take a financial hit when these changes are first implemented. For example, a business with out-of-date vehicles that need to be replaced will have to come up with out-of-pocket money for those replacements. However, in the long run, having a green fleet will save businesses money and help with fleet fuel management. It reduces their fuel and maintenance costs and increases their profit margin over time. In the long run, this green legislation should prove to be a beneficial thing even though not all businesses will feel like it as it is first introduced.

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November 30, 2010

Why Investing in a Home in 2011 is Smart

There are five key reasons that buying a home in 2011 is a good move. This article explores them all.

The housing market woes have made it very tough for any of us to feel secure investing in real estate. Many people worry that they can’t afford a home. Others are starting to think about investment but they aren’t sure if the timing is right. We should definitely be cautious with our investments. However, 2011 is a very smart time to invest in a home. This is due to a combination of five factors: low housing prices, low mortgage rates, small economic improvements, smarter buyers and the general benefits of investing in real estate

Housing Prices Are Low

The problems in the housing market have resulted in a sharp decrease in home values. Housing prices are very low. Although there is some chance that housing prices will continue to decrease, it is more likely that they are at approximately their bottom price. The smartest investment rule is always to buy low and sell high. 2011 is the time to buy low.

Mortgage Rates are Still Low

It isn’t easy to get a mortgage loan right now. For those who qualify, though, it is the optimal time to get a good rate. Interest rates on long-term mortgage loans are very low. This means that you’ll save money on the total interest that you pay on the home over time. It also means that you can secure affordable low monthly mortgage payments. Mortgage rates are expected to start rising by the end of 2011 so now is the best time to get a good loan.

The Economy is Improving

We are beginning to see signs that the economy is improving. This is particularly true in urban markets where jobs have started to become available again. An improving economy is a good time to invest in a home for several reasons including:

o   Unemployment is declining. Once you’ve gained employment you’ll be better able to get a loan and pay for a home.

o   Supply and demand are shifting. As the economy improves, more people will be able to buy a home. As demand increases, home prices will go up. Buying a home at the start of an improving economy helps you get the lowest price.

o   Hope is returning. As the economy improves, we’re starting to have a little bit of hope for the future. When we were living in times of uncertainty and fear, we were too scared to invest in real estate. As hope returns, we are once again will to take that leap of faith,

The Economic Downturn Made Us Smarter

Although the economy is improving, the lessons that we’ve learned from the recession are going to stick with us for a long time to come. This makes us much smarter homebuyers than we were in the past. Some of the things we’ve learned that can help us when buying a home include:

o   We will buy the home we can afford. In the past, many people took out loans that they couldn’t truly afford. Now people are more concerned about sticking within their budgets. They’ll buy only as much house as they can actually afford to buy.

o   We know to read the fine print. More than ever before we’ve learned about the importance of knowing exactly what our rights and responsibilities are when making a big purchase like a home.

o   We are smart enough to make a back up plan. Many housing problems happened because the economy took a dive and we didn’t have a backup plan for paying the mortgage. Now we know to put a back up plan in place before making a big investment.

Real Estate Is Always a Smart Long-Term Investment

Despite all of the problems that we’ve faced with the housing market in the past few years, real estate remains a wise long-term investment. Eventually home values are going to rise again especially in geographic areas that are growing in popularity. If you can afford to make an investment, real estate is a good investment to make.

About the Author

Jason Carter is a freelance writer for Parks Edge Park City.  A townhouse or condo at Park’s Edge makes a perfect Park City home.  The Park City real estate value makes it a great investing opportunity, the views are fantastic and these Park City rentals offer a great value.  The weather is great in the summer and the skiing is amazing in the winter.

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November 30, 2010

Have a Plan: Optimizing Fuel Purchases

As a fleet manager, one of your most important jobs is fleet fuel management. Part of this job is optimizing fuel purchases as much as possible, in order to minimize your fleet’s expenses and maximize profits.

Luckily there are many tools available to help you optimize your fuel usage far beyond what even the most diligent manager could do on their own, sans technology. For instance, there are fuel optimization programs that you can use to make sure you are getting the most out of your drivers’ fuel stops along their routes. These programs use state of the art modern technology to analyze your drivers’ routes, and determine where would be the best places to fill up.

Although it might not sound like it right away, choosing where to fill up is an important part of properly optimizing your trucks’ fuel usage. Prices may be lower at one gas station than another, but will driving out of your way to get to the lower prices actually cost you more than what you are saving? That is one of the things that fuel optimization software looks at.

The other thing that a fuel optimization program does is to find the best fueling prices along each driver’s routes. This allows you to ensure that you are always getting the best price on fuel. The amazing things about fuel optimization software is that it makes all of these calculations for you quickly, not just for one or two gas stations, but for all the potential fueling stops along your route.

Most fuel optimization programs are designed to work with your existing fleet gas cards and fuel networks, so you don’t have to change anything in order to start using the software. If you have an automated dispatch system, rather than hiring a person to do the job, the software will work with that as well. In addition, fuel optimization software is designed to work with fleets of any size, whether they have two vehicles or two hundred.

At first look, these software programs may seem too pricey to make them worthwhile, but consider this: Fleets who use the software generally save about $1,000 per vehicle per year. The larger your fleet, the greater your savings every year. Therefore, fuel optimization software should be a no-brainer for managers of large fleets. Buying a program may make sense for smaller fleets, too, but in any case, it is worth it to price the software and weigh your options!

If you are using fleet cards to pay for your drivers’ fill-ups, you are already utilizing a powerful tool that helps you to cut costs and closely monitor your vehicles. Adding a fuel optimization program simply allows you to save even more. Regardless of the size of the fleet or the systems you already have in place, a fuel optimization program can help you to realize substantial additional savings in your fuel costs.

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July 23, 2010

Great Summer Family Vacations

Summer is the perfect time to plan a family vacation because the weather is gorgeous and the kids are off school, but what kind of vacation suites your family?  There are several ideas out there,  it just depends on what you are in the mood for and what your budget is.

Maybe you are the type who likes a nice relaxing and stress-free vacation.  One where you can escape from everything work related and be free to do whatever you want.  If I were you I would consider looking into condo rentals along the beach or a scenic mountain setting.

If  you are tired of doing the same thing every vacation and want to do something new, I would look into adventurous activities such as river rafting, snorkeling, or backpacking in the wilderness.  These things can be fun for everyone and surely will be remembered by all.

You could be similar to my family and like to mix it up a bit throughout your vacation.  If that’s the case than look into finding a hotel on the beach that is within driving distance to an amusement park or book a cruise that combines plenty or rest and relaxation and adventure and sightseeing.

Maybe you want to go tropical and relax on the white sandy beaches while sipping on a refreshing cocktail and soaking up the sun.  There is nothing better than getting away from it all by taking a trip to Hawaii or the Caribbean Islands.

No matter where you go, just make sure you enjoy yourself and your family this summer vacation.