Dead stock: admitting what is never going to sell
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
Checking that drivers hold a valid licence protects the business and the insurance. What to verify, how often, and the consent you need before checking anything.
A driver licence check confirms that somebody driving for work is actually entitled to. It sounds like a formality until the day it is not: an employee driving on a revoked licence exposes the company to prosecution, invalidates the insurance for that journey, and is usually discovered afterwards rather than before. The check is quick, and the reason it lapses is that nothing happens when it does.
Annually as a baseline, more often for drivers with points or in higher-risk roles — some fleet insurers specify six-monthly for anybody above a threshold. Frequency matters because of what happens between checks: a licence revoked in March is not noticed by an annual check in November, and nine months of driving have already happened. The practical complement is a standing obligation on drivers to report any change within a stated period, written into the handbook so that silence is a disciplinary matter rather than an oversight.
You need the driver's consent to check, and the result is personal data including, where points are involved, information about offences. That carries a higher bar: decide who may see it, where it is kept, and how long it is retained before you run the first check, not after somebody asks.
Because the liability is not limited to the driver. An employer that cannot show it checked entitlement has a weak position after an incident, with the insurer, with a regulator and in any claim that follows — and the question asked is always whether there was a system, not whether this particular driver seemed fine. A register with dates is the entire answer, and assembling it retrospectively after an accident is both obvious and useless.
Ettex Records holds the driver register with the check date, next due date and the evidence attached, which makes the overdue list a filter rather than an annual scramble. Those dates belong alongside every other expiry date the business tracks, since this one lapses in exactly the same silent way.
Annually as a minimum, and more often for drivers with points or in higher-risk roles — some insurers require six-monthly above a threshold.
Yes, and the result is personal data that may include offence information, so decide access and retention before running the first check.
Yes. Occasional drivers in private vehicles are the group most often missed, and they also need evidence of business-use insurance.
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