How to Start a Moving & Relocation Business

By Vanessa Cross, eHow Contributor

The business service of assisting others with moving and relocation of personal and business items requires the development of a sound business plan, business financing, a good moving crew and business equipments and tools. Conducting business research into the market for services, existing business competitors and available resources are the first steps for a small business entrepreneur interested in starting a new moving company in his community.

Starting a moving company takes time and effort.

Difficulty:

 

Moderately Challenging

Instructions

Things You'll Need

• Moving truck
• Dollies
• Pallets
• Blankets
• Computer
• Printer
• Desk and chairs
• File cabinets

1. • 1
     Draft a business plan. A business plan will include the treatment of the target market for services. For instance, the moving and relocation business may focus on developing business clientele within a targeted demographic area. The business plan will also include information on the business resources available, and all the business equipment and services needed, as well as a breakout of the financial requirements to start the business. The U.S. government's Small Business Administration's (SBA) website provides tools to assist entrepreneurs in drafting a basic business plans, in the form of outlines and online tutorials.
   • 2
     Obtain business financing. The business can be financed through personal loans from the business start-up owner, or a business loan may be secured from family and friends or through a commercial lender. If considering bank financing, check out the finance start-up resources available through the SBA on estimating costs and securing bank financing.
   • 3
     Set prices for the business service. If the business will provide out-of-state relocation services, gas costs will be a significant factor in estimating start-up costs and setting pricing. Check with competitors to find out what the local industry pricing standards are for providing moving and relocation services within the community.
   • 4
     Secure a business office for the new company. An office is often employed for fielding public inquiries by telephone, mail and by drop-in. The office will be the place where administrative duties such as maintaining business files and small tools, conducting meetings with prospective clients, drafting and responding to business correspondence and tending to accounting duties will occur.
   • 5
     Purchase relocating and moving equipment and tools. This will include a moving truck equipment with essentials such as tie does and a ramp. Dollies, blankets and sometimes pallets are required tools. Office equipment to assist in operating the business will include such items as a computer, printer and desk and chairs.
   • 6
     Hire a reliable, well-trained and professional moving crew. This business can be developed as a family business venture, or individuals can be hired from the general public. Consider using the services of an employment agency who will check references and perform important background checks on prospective employees.

Read more: How to Start a Moving & Relocation Business | eHow.co.uk http://www.ehow.co.uk/how_6648744_start-moving-relocation-business.html#ixzz1edsQe3oJ

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