So you’re thinking of starting a moving company? There are a few things you need to know before you start to make your journey as smooth as possible. Ask yourself some simple questions to get started and see if the business of moving is the right move for you.
Do you have a business plan?
A business plan should point out what will make your moving business stand out from all the others. It should have plans in place for multiple situations. Your business plan should include your goals, complete with detailed steps, time frames, and expenses. Use a website to help if you need an example of what your business plan should look like.
How big will you start?
It’s important to note that 80% of moves in big cities are quite small, requiring mostly manpower for in-house moving. Don’t blow out your budget buying a huge truck. You can start with a small van and work up from there if you decide to grow your business to a state to state moving service.
Do you have moving and transportation permits?
Yes, you will need transportation permits. Requirements for obtaining such permits vary from state to state, so you will need to check out your local state regulatory authority. Get all the information you need on registration and licensing, to ensure you are running a completely legal business.
Do you have all the equipment you need to get started?
Your first piece of equipment should be transportation, if you are starting small, which is recommended in this business, then you should rent or buy a small van. Next, you need to account for a fuel budget. Then you can move on to the moving equipment such as, furniture belts, moving dollies, ropes, and moving blankets. You’ll also need wrapping materials such as tape and bubble wrap. Lastly, have a variety of moving boxes for your customers to choose from.
Do you have transportation insurance?
Insurance is a must in any business you’re running, but especially the type that requires you to handle other’s valuables. You will need to contact and insurance agency to acquire liability and cargo insurance before taking on any customers. You want your business to run smoothly, but you also want to be covered in case you hit a few bumps in the road. As with transportation permits, cargo insurance policies vary from state to state. Be sure to check and double check with state authority as well as your insurance agency to see that you and your business are properly covered.
If you can answer these 5 questions without getting overwhelmed then you are in good shape for starting your own business. Remember, your customers are trusting you with their valuables. Treating each customer and their belonging with care and kindness will be important in this business, and will also gain you referrals.These steps will get you started on the path of obtaining your own moving company. If this seems doable, then the moving business could be the next best move for you.
