If you are a person who is passionate about your career, you happen to be in the business of moving and storage.If you have the physical strength and a vehicle that you can use as a moving van, starting a moving company could be a realistic way to make extra income or even a full-time salary. Like any business, it will require a lot of research and hard work, as well as some start-up capital, but the rewards can be great.
Here are some good suggestions below.
Creating your Financial Plan
Price the equipment.
In order to run a successful moving company, you need the right equipment. The most obvious necessity is vehicles that can be used to move large items. Your car must be reliable enough to be large enough for the type of action you plan to take. It must also be able to protect your client’s property from rain, snow and cold, especially if you plan to make long-distance travel.for example,you need to choose a very high quality moving blanket and a mobile storage container.
Decide how many employees you will hire
To get started, you may be able to hire just one or two employees. If you plan on doing a lot of the work yourself, one additional person should be sufficient. As your business grows, you will likely need more employees.
Get an insurance quote.
Insurance for a moving company plays a vital role in covering any potential losses that happen. Ask insurance company representatives about rates for commercial insurance coverage for your vehicle, liability insurance for your business, and insurance for items that you will move from one location to another. If you plan on having employees, you also need to have worker’s compensation coverage.
Develop a pricing structure. Before you start advertising your services to potential customers, you need to have a very clear method for quoting prices. This can be based on many different factors, such as mileage, weight, hours, or number of items.
Create a business plan. Once you know a little more about the moving industry and you decide that starting your own moving company is the right decision for you, it’s time to get serious about planning. A business plan is a formal document that you create to help yourself understand the steps that you need to take to start your business.
Before starting your own business, it’s a good idea to have at least some experience in the field. This will help you better understand what goes into operating a moving company and will give you a good idea of whether or not you even like the business. One way of gaining experience is by working as an employee for another moving company. This will give you a good insight into how established moving companies operate.
Evaluate your physical abilities and general health to be sure of working as a house mover is an option. Moving furniture and other heavy objects requires a high level of physical shape and stamina.
In addition to helping people move to new houses, you may also consider offering junk hauling services