GPS tracking is a smart investment for businesses of all sizes. In addition to helping you provide better customer service, fleet GPS can also save you money. Part one of this series on the ROI of GPS tracking covered reduced fuel costs and part two discussed savings on labor expenses. This article will cover the third way you can save money and generate a faster return on your investment: lower insurance costs.

This four-part series has already covered how to get a return on your investment (ROI) with GPS tracking through fuel savings, increased productivity, and insurance discounts. Did you also know that investing in GPS tracking can help your company save on taxes? The Section 179 tax incentive has been extended and increased for 2013, which means that your small business can benefit even more from new equipment purchases.

You have already learned about how GPS tracking can help you save on fuel costs. Another primary component that should be factored into calculating the return on your investment is the money you will save with increased productivity and efficiency. The better you can monitor your staff and their behavior, the more efficient they will become. Learn how to improve performance with GPS Tracking.

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Many business owners mistakenly believe that a GPS tracking system is too expensive or not valuable enough to justify the investment. To the contrary, the return on investment you will get from reduced fuel costs and improved performance make fleet GPS well worth the initial costs. This article addresses the reduced fuel cost component of calculating your ROI