Despite the COVID-19 pandemic today, moving has remained an essential service for several across the globe. There are still many people who opt to relocate from one place to another this year and in the near future. Because of the increasing demand in both commercial and residential moving, starting up a relocation business can be an excellent idea for a person like you.
Thus, if you’ve decided to build your own moving company this 2021, below are a few steps to consider from the get-go:
1. Come Up With A Good Business Plan
Just like other businesses, you can’t establish a relocation business without a business plan in place. Regardless of the size of the company, you need this document to guide you in making sound business decisions.
For instance, when you have a business plan, you’ll be able to forecast potential business development, pay attention to key points and opportunities, and properly allocate your resources which are necessary in running a successful business.
2. Determine What Kind Of Moving Company You’ll Like To Run
Now that you have a business plan, it’s time to figure out what kind of moving business you’ll like to operate. For most startup businesses, it can be a good idea to consider your local area and the services you’re going to offer when building a moving company.
For example, if you live in a place where there are many residential properties, it only makes sense to have a relocation business that specializes in residential moving. The more you can determine which particular moving service will be offered in your area, the higher chances you have in having a successful business.
3. Purchase Moving Tools And Equipment
When starting a moving company, it’s important that you have your own set of relocation tools and equipment to make the process more seamless. This is especially true if you want to become reliable long distance piano movers in your area.
In most cases, when you want to run a full-service moving business, you should start purchasing your own tools and equipment. For instance, you should buy a moving truck. If you already have one, you can proceed with the purchase of some essential equipment, including dollies, furniture belts, ropes, moving pads, blankets, and other packing and wrapping materials. Remember, having the necessary tools and equipment can make your business look professional in the eyes of your potential customers.
4. Comply With The Legalities
Once you have the moving tools and equipment, the next step to do is to comply with the legal requirements of starting up a relocation business. Similar to other types of businesses, you need to make sure you have the legal authority to operate.
Thus, if you’re building your moving business, the following legal requirements should be satisfied first:
- Permits and licenses: Depending on your state, the requirements for securing the necessary licenses and permits may vary. Because of this, it’s important to inquire on this matter to the respective government agencies. For example, since you’ll be part of the relocation industry, you may need to apply for certain permits from the Department of Transportation or your state’s regulatory authority. Also, make sure your crew, trucks, and other businesses have the proper certificates and legal permits that can help your business operate efficiently and smoothly.
- Moving and transportation insurance: In addition to licenses and permits, you also need to buy liability and cargo insurance for your moving company NYC or wherever you may be located. This insurance can provide your customers a great deal of assurance that your belongings will be safe throughout the transit. For that reason, it’s best to contact your insurance agent to help you find the right insurance coverage and run your business properly.
5. Promote Your Moving Company
With more people turning online for searches and other purposes, it’s important for you to promote your relocation business in the online world. To get started with the promotion, the following are the things to be considered:
- Advertising: You can advertise your moving business through your social media channels. If you want your company to reach a wide range of prospects, you should start making social media profiles for your business. By being active on social media, you make your relocation company visible to your target audience.
- Website: To gain online visibility, you should also set up a well-designed website where your customers and prospects can get information about your moving business. Be sure your website is well-built and filled with the right information so you can continually obtain moving leads for your business.
- Online communities: Get affiliated with online communities to generate more leads. The more your business joins an online community, the more you increase your online visibility which is an essential factor in your company’s growth.
The Bottom Line
Realistically speaking, a thriving moving company is more than just dealing with the moving truck and offering quality services. It also requires planning, preparation, and patience to ensure your business will be able to survive the tough competition as well as the changing trends.
Therefore, if you want to become a successful moving service provider this 2021, follow the steps mentioned above and you’ll be on the right path.
