Having a van and offering your services to help people move is a great way to make money. Have you started to consider maybe expanding your service into a fully-fledged business? To grow your moving business into something more ambitious, you will need to be well prepared and ready to make some bold decisions. Here are some important questions to ask yourself so that you begin this entrepreneurial journey on the right foot.
What Equipment Will You Need?
If you have already started a small business by charging people for the service of helping them move their belongings from one place to another, then you might not think that you need much more equipment. However, growing your business means taking on staff and making sure that your operation is above board. A central base is extremely useful so you can run the business from a single location, simplifying your management approach. If you need a small fleet of vans or an office space, you can look for a low doc chattel mortgage to help you arrange the finances for the purchase. You may also need various moving safety equipment such as trolleys or removable back braces to protect your movers.
What Will Your Restrictions Be?
It isn’t possible to serve a very large of an area, even if you would want to. It also isn’t possible to lift some items without specially designed equipment such as cranes or forklifts. Outline in your branding and on your website what your company is capable of so that your customers aren’t disappointed when they make requests that you can’t fulfil. For example, charge different prices for heavier objects or more prolonged jobs.
What is Your Safety Policy?
Moving is a very physically demanding job that takes a lot of skill and caution. Make sure that both yourself and your employees are well versed in how to stay safe while moving awkward or heavy items. Remember that you will be liable for any injury or accident that happens to someone you employ.
Who Will Your Target Market Be?
Smaller businesses tend to accept as many jobs as they can, but if you want to grow your moving business, then it might be a good idea to start narrowing down your target market. By focusing your attention on a particular sector, you can fine tune your brand and create marketing materials that better attract the customers you’re looking for.
What Makes Your Business Stand Out?
There is no shortage of moving companies, so it is essential that you have something that makes yours stand out from the competition. Why should a potential customer choose your service over someone else’s? Come up with a niche such as having better equipment to move specialist items or a wider range of van sizes and a matching price plan.
It isn’t easy starting your very own moving business, but with the right mindset and by following the correct procedures you can grow your company into a success.
