Step 1: Conduct Cost Analysis
A cost analysis is beneficial – and eye opening. While labor is
one of the largest expenditures, you must also calculate benefits,
health care, training and testing, pension, workers comp,
recruiting and hiring costs, uniforms and workspace costs. Similar
extraneous costs, such as depreciation and insurance, should also
be included when calculating the cost of your fleet. Downloading
will help you analyze your operation.