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Vehicle Fleet Tracking - What is it?

When used properly, Vehicle Fleet Tracking can be a very handy tool to have for your business, especially for those with much larger fleets.  Not only will it help you keep track of your drivers, but it will also give you valuable insight into driver behaviour, help improve driver safety and help to keep your business efficient. Vehicle Fleet Tracking came to light in the early 1980’s. Not only did it help businesses to keep track of their fleet but it also meant a rise in jobs available at that time. Back then you can imagine such a thing may have been pretty expensive and some technical expertise would’ve been needed to install it, however, now with the rise in technology vehicle fleet tracking has never been so easy!  Cloud systems have become a lot more accessible in recent years meaning that GPS devices have become a lot more affordable. Being able to track and locate your vehicles in real-time gives you a great advantage over your competitors so that you can continue to...

Design and Construct Professional Indemnity Insurance - What is it?

Design and Construct Professional Indemnity Insurance Lancashire is a specific type of insurance aimed at the construction industry. It is designed to protect professional services such as architectural firms, electricians and so much more. Do You Need Design and Construct Professional Indemnity Insurance? If your business incorporates an element of design or specification then yes. Whether or not your company or a third-party carries out the design work, it is important that you still have the insurance in place as you may face liability claims against you in the future. To eliminate your risk of exposure to claims it is best taking a “better safe than sorry” approach. Does Public Liability Insurance Cover Design and Construct? Public Liability Insurance doesn’t cover all the risks associated with Design and Construct businesses. Design and Construct Professional Indemnity Insurance will cover specialist roles that are associated to your business in particular.  Standard Public L...

What Are Transcription Services?

Transcription services  deliver speech to text. This is most often achieved using pre-recorded audio files. But, video to text services are common. Transcripts are either typed by hand or produced using automatic speech recognition (ASR) software. If this is your first time investigating transcription services, the number of choices, prices and transcript options can seem overwhelming. But, things aren’t as complicated as they seem. The truth is that although there are a lot of transcription service providers, most simply offer another brand on the same package of services. Here, we will explain what you need to know to get the transcript you need. But, first, we should look at who uses transcription services and why they are needed.   Who Uses Transcription Services & Why? You need transcription services! But, the specific reason that you are seeking a transcript will impact what transcription service is best for you. Getting a text transcript of dictated notes, for ...

How a Business Can Use a Bridging Loan

If your business is seeing rapid growth and you’re considering new premises a bridging loan might be for you in financing your new property.  The very nature of a mortgage means that it can be a very slow process, whist bridging loans are characterised by a much speedier process. Not to be considered as a long term financing solution, they are usually set at a higher interest rate. But what are the other benefits of a bridging loan to a business compared to a mortgage. Buy Property Fast As noted above, applications for a bridging loan are usually much shorter due to their nature of being a short term financing solution, bridging the gap until a longer term financing solution comes into place. The introduction of the Mortgage Market Review (MMR) rules in April 2014 means that the application process for a mortgage is a lot more rigorous. Of course, great property’s come and go very quickly which means sometimes you need to act fast. When you’re buying from a property auct...