Starting a Moving Company Could Be Your Ticket to Extra Cash

Starting a Moving Company Could Be Your Ticket to Extra CashAccording to the U.S. Census Bureau, close to 37.5 million people moved residences in the US in 2010. Out of that group, 6.2 million people moved to a different state.

If you’re looking for the best way to make a living in this tough economy, catering to an in-demand market like the moving industry may be the break you have been looking for. Although starting your own moving company is a complicated task at best, here are several benefits to consider…

The Benefits of Owning Your Own Moving Business

While the recovering economy is a good enough reason to get your butt in gear and start your own business, there are several more advantages to consider in becoming a business owner:

  • Shape your destiny. As an entrepreneur and owner of a moving company, you have the opportunity to change your future as you know it. Instead of working in a cubicle from 9 to 5, you’ll become the owner of a legitimate company and will be responsible for hiring employees and gaining clients.

 

  • Set aside more time for family. If your job is taking away from your family time, owning your own business could provide you with the freedom you need to spend more time with your children and spouse.

 

  • Embrace new challenges. For many people, working at the same job day after day is mundane and boring. If you want to look forward to going to work in the morning, becoming a business owner will provide you with a new set of challenges to tackle each day.

How to Start Your Own Moving Company

While it’s difficult to summarize every detail needed to start your own moving business, you can begin the planning process by reviewing the guidelines below:

  • Draw up a business plan. If you’re new to the world of moving, you may have to hire an outside consultant to help you create a solid business plan for your new company.

 

  • Review your resources. Before taking on your first client, you want to know that you have enough funding to purchase equipment, hire employees, and pay monthly bills.

 

  • Get training. Although moving may seem like a simple enough task, professional training is necessary to ensure that you know how to move, pack, and load valuables and specialty items.

 

  • Buy necessary equipment. This will include purchasing one or more professional moving trucks with the proper insurance registration, as well as moving equipment like boxes, dollies, packing supplies, bungee cords, and more.

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