Rising gas prices have been a hot topic lately, and paying more at the pump affects everyone. Small-business owners are paying more each week to fill up both personal and business vehicles. The increased fuel prices are impacting the bottom line.
Earlier this year, Andrew Schrage, co-owner of the personal finance site MoneyCrashers, realized his company’s gas expenses for January 2012 were 30 percent higher than what he spent on fuel in January 2011.
“As a result of skyrocketing gas prices I’ve had to take a serious look at how much this line item is costing my business,” said Schrage.
Here are some ways to reduce those fuel expenses.
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