How The GPS Log Book Device Can Help Women Entrepreneurs Excel
With August being women’s month, we at GPS Log Book want to celebrate women entrepreneurs by helping them run their businesses more efficiently.
The Mastercard Index of Women Entrepreneurs (MIWE) showed in March this year that South Africa was one of only 12 economies in the world where entrepreneurial activity among women increased over a two-year period.
According to the MIWE, 11.1% of South African women who are of working age are taking part in business through entrepreneurship. This is up from 10.2% in 2020, while male entrepreneurs only grew in number from 11.4% of the working age population of men in 2020 to 11.7% in 2022.
All of this goes to show that the number of South African female entrepreneurs are trending upwards and are expected to continue growing in number over the coming years.
However, while being an entrepreneur is tough under normal circumstances, it is even more so now in the current economic climate where inflation is skyrocketing, and fuel prices are just about as high as they have ever been. Any entrepreneur knows that it is vital to keep operating expenses to an absolute minimum to remain viable and make a decent profit – and that nowadays this is tougher than ever.
As we celebrate Women’s Month now in August, we at GPS Log Book want to extend a helping hand to all the bold female entrepreneurs out there who are trying to earn their keep in some of the toughest economic conditions we have seen in years.
One of the most onerous expenses plaguing entrepreneurs at the moment are fuel prices, which have risen meteorically on the back of the Russia/Ukraine conflict among various other global factors, including an unfavourable exchange rate and arduous fuel levies imposed by government.
However, as with most entrepreneurs, getting on the road is unavoidable if you want to do business and grow. However, you cannot keep your fuel costs down if you do not track your travel with pin-point precision. It is even more critical when you start employing others and need to track their business trips as well, which can be a cumbersome task to manage.
This is where GPS Log Book can help women entrepreneurs get a step up.
The GPS Log Book system is an automated travel log system that uses GPS technology, integrated seamlessly with Google Maps, to track and record all trips made in great detail, thereby ensuring that travel expense claims made by employees are accurate and fraud-proof, while also ensuring that you can quickly and easily keep a SARS-compliant travel logbook that will enable you to get the most out of your tax returns and remain in good standing with the tax man.
Our Classic device is great for women entrepreneurs to track individual business travel, as it plugs neatly into any car’s 12 V cigarette lighter socket and can generate a variety of reports on demand. This not only improves the accuracy and ensures 100% compliance, but it also saves on time that can be better spent elsewhere rather than writing out travel logs with a pen and paper.
What’s more, it also improves safety by negating the need to sit in your car and fill out a log after every trip. Every time you do this, you put yourself at risk of being hijacked, robbed or attacked. The GPS Log Book device can erase this risk for you.
Our LiVE device, on the other hand, is well-suited to female entrepreneurs who manage a fleet of drivers and who want to ensure that each of those drivers is not only safe but honest as well. This device plugs in the car’s OBD-II port, where it will not be tampered with and is well-hidden and has the added capability of tracking vehicles in real time.
The LiVE can also produce SARS-compliant logbooks when needed, as well as a variety of other reports such as travel expense claim reports and more.
We at GPS Log Book celebrate the rise in women entrepreneurs and we believe that our technology can play a key role in helping women succeed and excel in the world of business by ensuring that women-led businesses are run more efficiently and more safely than ever before.
For this month only, we are offering women entrepreneurs a Women’s Day Discount on any GPS Log Book device purchased between the 09th-19th Aug 22, Use voucher code “Women200” and receive R200 off each device
Try our SARS Tax Calculator to see how much you could be saving!