|
| Essentials of a Moving Company | Many hopeful business owners think all it takes is a strong back and a pickup truck to start a moving company.
Starting a moving company requires as much more preparation as any other type of small business. Follow the rules and you will have a good chance for your business to be a success. If you don't follow, you may end up sued, broke, and bankrupt.
The decision to start a moving company is a business decision. You should have the same level of preparation including research, financing, and (most importantly) a business plan. Though moving companies also have some unique requirements you may not know about. The highlights are listed below.
1. Moving Equipment. Evidently a pickup truck is not going to take you very far in the moving industry. First of all, you should procure a vehicle that is up to the task. As you will be consigned with household items of value, it's important that your truck is equipped with right moving gear including a ramp, tie downs, etc.
Moreover, think about the other equipment your new business will require. Some of the things that immediately come to mind are dollies, straps, and packing blankets.
2. Staffing. You have to answer the next question - who will be doing the actual moving. If you think you will do it yourself, consider whether you are physically up to the challenge. Just take into account that you may be moving one or more houses a day. It is physically impossible for you to run the business without at least one other employee to help move heavy and bulky objects. If there is nobody in mind, you have to find someone before you accept your first job.
3. Permits. Several states require moving companies to get special licenses and permits. The requirements may vary by state; licensing and permits are designed to make sure moving companies are legitimate and responsible enough to be trusted with the public's valuables. Sometimes you may even be required to take a written test to demonstrate your worthiness to safely and securely move possessions from Point A to Point B.
4. Insurance. Accidents are going to happen. Prior to laying a finger on your customers' valuables, you will need to nail down an insurance policy with a reasonable amount of coverage for damages and liability. |
|