VOR costs SMEs £30,000 a year

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UK SMEs are losing up to £30,000 a year as a consequence of having vehicles off the road, according to SME research by Ford Retail.

Ford Retail Business Solutions surveyed 250 small business owners, with the aim of helping the business community understand the true cost of a poorly managed fleet.

It revealed that on average a vehicle spends four days off the road each year, which Ford says costs a company around £200 a day in loss of manpower and productivity.

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