Next week: is money your problem?
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In CM next week we look at different ways of financing expansion. The answer to your problem may lie in leasing, contracting or renting your fleet or equipment.
On the insurance front John Vann suggests that you should be checking your premium and says why, while Leslie Oldridge deals with the law in relation to dangerous vehicles.
Derek Moses will be reporting from the Scottish Passenger Transport Association Conference at Gleneagles and there will be a report from our team who are covering the National Coach Rally in Blackpool. • Grampian Holdings, Glasgow, is to pay a single dividend of 5 per cent for 1970. In 1969 the total dividend was 17-1 per cent. Among its many diversified divisions, Grampian controls a large section of transport and plant hire in central Scotland which includes Malcolm's of Brookfield and John Hutchison and Son, Dunfermline. The transport division showed a profit of £527,194, an increase of almost £21,000 over last year. The poor return for the holding company is said to have been caused through bad trading figures of its construction division.
CORRECTION
• References on pages 56 and 57 of CM April 9 to Mr Michael Humphrey, of Garratt and Humphrey, should have read. Mr Hemphrey, of Garratt and Hemphrey.