Startups are always difficult, but with a good plan you can accomplish a lot. Many entrepreneurs old and young both think that every business will start through a similar purpose. I have seen people whose father were not in the logistic business, nut still they will try to follow the path of their fathers.
People must learn to stay in the contemporary world, now transportation and heavy duty towing services are an essential part of every business. A juice manufacturer will have to ask for these services, or he will have to buy his own trucks, for showcasing and selling his products.
Now, if you are thinking of starting a logistic business, then you must do your surveys and research before investing a single penny. I would recommend you to research and interview people from these businesses for almost a month.
Have sit-ins and, absorb as much as you can. In this article, I have tried to gather as much tips, methods and feasible tricks for starting a logistic business as possible. I will still urge my readers to directly contact the clients and the transport companies, for getting a firsthand knowledge regarding this business.
1. Decide the capital
It will depend upon your plan and scope of the business. For instance if you have decided to provide these services for big articles such as electronics and cars, then you will have to buy big trucks, which are specially designed for heavy duty towing.
On the other hand if you are planning to transport goods such as snacks, and they are also from a small company, then a small pickup will be enough.
So, the size of the transporting vehicle, will decide your budget. Secondly, the number of these vehicles and the people in your team will also influence your budget.
Their qualifications and ranks, you must calculate according to all these things. Once you have decided your budget things will go in a quite smooth fashion. Moreover, while deciding your capital you must add 5 percent more for tackling emergency situations.
2. Decide the type of trucks
The trucks are the backbone of your logistic business, there maintenance and their capacity plays a crucial role for the success of your business.
While picking up a truck category for starting your business, you must keep in mind your targeted cliental. You must make sure that you understand the prospective products which you may be carrying. For instance for ice-creams and medicines you will have to buy trucks with refrigerators.
3. Employees
You must try to find various driver companies which provide experienced drivers, or you can simply use your personal contacts for getting in touch with some professional truck drivers.
If you are starting on a small level, then even you can drive the trucks; just make sure that you have got the right license.
4. Get the licensed drivers
Now, comes the work force. You must contact the government departments which deal in registering licensees for your company and your work force.
Make sure that each driver in your team has got a license for driving the specific towing truck.
5. Find the customers
It is time for marketing, you must know what sort of cliental you want for your business, you will have to meet these clients and tell them about your rates. Make your website and start a social media campaign.
6. Get some financial help
You must ask the bank for financing your project; many young entrepreneurs who are unable to collect a huge amount can file an application for loan. Or you can ask people to contribute in your business.