Most people know how good they have it by being born in or immigrating to America. One of the biggest perks is America’s thriving capitalistic society. Anyone with a business idea and adequate financing can start their own business.
Starting a moving business in a small town, for example, can be incredibly lucrative, especially if there aren’t many competitors. However, if you want your new business to be successful, there are a few steps you need to take.
We’re here to help. Keep reading for a short and simple guide for starting a moving company in your small town.
First, you need to educate yourself on the local moving market. How many other moving businesses are there in town? Who are your biggest competitors?
Additionally, you need to research:
The more you know about the moving industry, the more prepared you’ll be for success.
Using your market analysis, you need to create a business plan for your moving business. Your moving company plan needs to outline how your business will operate and how you intend to make it successful. Banks and investors will use your business plan to determine whether or not they want to lend you money.
The plan should include:
If you’ve never written a business plan before, we suggest using a guide.
Your next step in starting your small moving business is to apply for the financing you need to get it off the ground. We recommend starting with your bank and applying for a small business loan.
However, if you can’t get approved, you have other options. You can try to bootstrap your own business (using personal finances, savings, credit cards, etc.). You can also reach out to other investors, such as friends, family, private investors, angel investors, and crowdfunding groups.
Once you get financed, you need to address your moving company requirements. First, you need to get a business license and insurance. Depending on the size of vehicles your company uses, you may also need to look into a commercial driver’s license.
Lastly, use your funding to procure the equipment you need to move your customers’ belongings from one home to the next.
Finally, let’s talk about how to market your moving business. Even in a small town, it’s important to invest in digital marketing. Your first step should be to create an amazing, user-friendly website. Then:
It’s also a good idea to team up with a home listing service to get up-to-date leads on homeowners looking to sell their homes. You can use creative direct mail ideas to send promotions for your business to people who have recently listed their homes. This is a primed market as they will certainly be moving in the near future.
If you’re planning on starting a moving company, we’re incredibly excited for you. As long as you’ve done your homework and have a solid business plan in place, there’s no reason your moving business can’t be wildly successful.
And if you need more help getting started, we’re here for you. Our blog is full of informative articles created to help entrepreneurs perfect their websites and improve their digital marketing success.
Did you know that the eCommerce market size was valued at 9.09 trillion in the…
Every day, around 500,000 new websites launch. That's a colossal number, and it tells us that…
A recent study found that over 60% of businesses have experienced some form of cyber…
Every business, no matter how big or small, has one thing in common - limited…
Communication is essential in any business. It enables organizations to become profitable and grow. Quality…
Did you know that there are 57 million freelance bloggers in the United States who…