How to Start a Moving Company: Everything You Need to Know
If you want to learn how to start a moving company, you'll find that it has lots in common with the process for starting any type of business.3 min read
If you want to learn how to start a moving company, you'll find that it has lots in common with the process for starting any type of business. Go over these points to take a step closer to becoming an entrepreneur.
How to Start a Moving Company
Starting a company is risky, but many people crave the independence that only comes with being an entrepreneur. Though you'll take on some new responsibilities, there are virtually countless benefits to running your own business, and starting is easier than you think. Even if you want to launch a moving company, you can begin small with a dedicated fleet and expand your operations as you attract new clients.
Whether moving into a new home or a new office space, companies and individuals will always have a need for moving services. This presents a fantastic opportunity for those interested in starting a business. First, however, you'll have to make some considerations:
- Small or big? Some people only need a few things moved, and others have three-story homes that need packing. Which services do you want to provide?
- Local, regional, or national? You can succeed with a truck and a few co-workers and make trips throughout the state, expand to a larger area, or make long-distance trips across the U.S.
- What's your specialty? You could focus on a niche like office spaces or student dorms, for example.
Remember that you can start small — you don't even need a big truck or a warehouse. Many people need simple moves to a different neighborhood, and some people just need the manpower to pack their furniture. For this, you just need a van and some hard workers. This also gives you the advantage of being able to offer personal attention.
Planning for Your New Business Venture
In terms of running an actual moving business, you'll have to consider a few factors before selecting a location. As you continue to research, go through the following steps:
- Pick your moving services. Decide whether you want to stick to simple local moves, national excursions, or something in between. If you're willing to cross state lines, you'll need to register and get the appropriate licensing from the Federal Motor Carrier Safety Administration.
- Think about logistics. Between managing drivers, caring for other people's belongings, and charging a fair process for the weight you're moving and the distance you're traveling, there are lots of pieces to consider for a moving company.
- Find a business location. You might only need a small office for managing orders and complying with local rules for parking commercial vehicles. If you're storing customers' belongings, you'll need a more secure space.
- Consider mobility and traffic flow. When picking a location, remember that you want your drivers to have easy access to nearby roadways and have no trouble parking. There may also be local regulations that prohibit you from parking in certain areas.
Succeed From Scratch in the Moving Industry
All it takes to be a good mover is physical strength, experience, and a vehicle to reach your next client. If you have the industry know-how or the drive to learn about the industry, you can enjoy steady revenue as a business owner. Like any enterprise, you'll have to research the market carefully, find the capital to get started, and distinguish yourself from competitors. Here are some other points to consider:
- Be professional. The moving industry is saturated, and you'll even find some competition from amateurs through sites like Craigslist. However, these individuals often operate without the proper licensing, business experience, or insurance — which is a risk to all involved with the move. Stand out by offering good services backed by guarantees, and expand what you do to attract new clients. For example, in addition to moving, you could offer storage or packing and unpacking services.
- Obtain proper training. Packing and loading is deceptively simple. Know how to pack to avoid damaging furniture and how to maneuver large pieces through tight spaces. Sales training is important too. If you want your business to grow, sales training can help by allowing you to book more jobs and increase profits by upselling your services. Eventually, you may be able to take on a small staff to handle these responsibilities. If you're working from home or out of a tight office space, you'll have to handle these duties on your own.
If you need more help with starting a moving company, you can post your legal need on UpCounsel's marketplace. UpCounsel accepts only the top 5 percent of lawyers to its site. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Stripe, and Twilio.