Looking into buying bulk fuel but don’t know if this is the right time? Every business is different and has specific needs. However, we have come up with 5 signs that it may be the right time to buy for your company. If you match any of these signs you may need to buy bulk fuel.
1. After researching the market
Don’t settle for less when choosing a bulk fuel supplier. You need to choose a company only after you have done your research. Gasoline prices are changing every day and different factors affect each supplier differently. You should have your fuel manager meet with several companies and get pricing and services offered with their bulk fuel. Also, research how the bulk fuel market is doing. Is the market soaring? Can you get cheap fuel? How many cents on the dollar will this save you over gas station prices? These are all factors you should consider before finding a supplier. Meet with many bulk fuel suppliers and run the numbers.
2. Before a natural disaster
Prices go up during natural disasters, which is the worst time to deal with skyrocketing costs. However, you can protect your company. If you partner with the right bulk fuel provider you don’t have to worry about your business not getting the fuel it needs. Don’t wait to buy fuel after a natural disaster happens, prepare now. Anytime there is a hurricane or tornado headed your way you can have a plan of attack. Your trucks can stay on the road and make their deliveries on time. Not only that, but your business can recover faster after a natural disaster. If you sign a bulk fuel contract you get a guaranteed price for your fuel, which leads into our next tip.
3. You are offered a contract for bulk fuel
Signing a bulk fuel contract can be beneficial to your business because you can cut costs. It’s one of the best ways to save money since you are buying wholesale. You can also save time and money by partnering with a supplier who can store and ship it to you on-site. If you have a fleet, consider all the time you could save by planning drop off locations as fuel stations. You get lower prices that stay constant throughout the contract. Also, after the contract is up you can renegotiate the terms or pick a new bulk fuel supplier. If you find a contract that works for you and helps you save money, don’t hesitate.
4. Increasing your range
Breaking into new territory with your fleet? Try bulk fuel to help you save money. Often times companies try to expand but forget to keep costs low. Switching to a provider can help keep costs lowered while increasing your profit margins. You expand naturally and without the hard lessons of spending too much. When expanding, a company needs stability. Partnering with a bulk fuel supplier who can give you one low price protects you from gas prices. It may seem small, but fluctuating prices take a toll over time. Increase your profits and have stability when you sign a bulk fuel contract.
5. A supplier has multiple sources
You do not want to partner with a supplier who has only one source of fuel. That supplier would be subject to the whims of that source and prices could skyrocket. Don’t make that mistake. Find a bulk fuel provider who has multiple sources of fuel all over the country. That provider won’t be stuck in a bind if one of their sources goes down. Instead, they can give you the fuel you need at the price you signed for.
Thinking about a provider but don’t know if it is right for you? Moffitt Services has you covered. We have the tools and knowledge to provide you with lower-priced fuel, even during emergencies. Contact us today and let’s talk about how bulk fuel is right for you.
8 Comments
I have an idea to buy bulk gas fuel for my business. Here you explained the different signs to buy bulk fuel. It was very useful to me.
Thank you very much indeed for sharing this important information with us. It helped to know the signs when I need to buy bulk fuel tank for business.
It’s great that you explain how it’s best to buy in bulk before a natural disaster because prices will skyrocket. When you buy in bulk, it would probably be best to hire a diesel fuel delivery service so that you don’t have to worry about finding all the necessary containers and driving it over to pick it up yourself. My cousin was thinking of becoming a truck driver since he lost his job earlier this year. I’ll let him know why he should purchase fuel in bulk.
I would have never thought that signing a contractor with a bulk fuel contractor will benefit us to cut costs. My husband and I want to start in the agriculture business since we seem to have some opportunity, and we are looking for advice to get bulk fuel. We will definitely shop around different companies, see which one offers the best deal, and sign a contract.
Thanks for this
I had no idea that I could cut down the cost of fuel by buying it in bulk. I am going to use the fuel. So might as well try and save some money on it.
Amazing write up! Thanks for this post
Thank you for all your help. Your service was excellent and very FAST. Many thanks for you kind and efficient service. I have already and will definitely continue to recommend your services to others in the future.