Breaking News

How to start your own profitable trucking business

by Staff Writer
25 April 2019 | 33667 Views
Today, it is a good idea to start your own trucking business. E-commerce, hauling, and businesses with online deliveries are a billion dollar industry. Through the years, we have witnessed their growth. This type of business demands transportation which trucking can fill in.

Meanwhile, it will require passion and effort to start a trucking business. If you are determined to start, here are some of the things that you must remember:

Determine the Operation

There are two ways on how you can start a trucking business.
First, you can be an owner-operator. With this, you are in control of the truck. You can provide it with the appropriate maintenance it needs. Moreover, you don’t have to pay for health insurance, salaries, and other benefits which the government requires. You can have a GPS tracker like the for your business. Indeed, being an owner-operator will provide you with the freedom that you need in business operation.

However, as an owner-operator, you can eventually spend more on operation costs and capital.

Meanwhile, you can hire drivers depending on your required transport jobs. With this, you can spend less on the operation and capital. Moreover, you can focus more on running your business.

On the other hand, hired drivers can sometimes cheat on the profits. In addition, the trucks cannot have the same maintenance and care in your mind.
As such, it is important to determine your operation and weigh in the pros and cons of each.

Understand your Niche

Nowadays, there are various niches in the trucking industry. It is important to determine your niche so you can focus on it. You can use your truck for mail delivery, dump trucks, towing service, delivery van, moving company, and courier service.

See to it that you Meet all the Requirements

There are laws when it comes to operating your own trucking business. You will have to submit the requirements needed to the government authorities for approval. If you are not sure of what are the documents needed, you can ask legal advice from lawyers.

Select the Right Truck for your Operations

When you start your business, you can lease or buy trucks depending on your needs and budget. If you have enough capital to cover the cost, you can start operating a small fleet. Have a GPS tracker like the for your business.

Second, it is best to determine the specifications of the truck for your business. Remember that an under specifications truck can burn out its engine faster. Meanwhile, if it's over the specifications, it will make you spend more money than what is needed. If you wish to get the most of your equipment, you can ask help from the experts.

Have Insurance

To be protected, you can buy an insurance policy for your truck. With this, you can ensure that your trucks are protected from damages. Such damages can be due to moving cargo, accidents, or hauling.

You can shop around and ask for quotations before purchasing insurance. With this, you can buy the best deal for your business.

Truck Insurance trucking business profitable

Source: Byo24News


Latest News

Zimbabwe recent economic developments

by Staff reporter | 25 June 2019 | 407 Views

A quick Spydialer review and walkthrough

by Staff writer | 25 June 2019 | 148 Views

ZESA increases load shedding hours

by Mandla Ndlovu | 25 June 2019 | 1015 Views

Cyberwarfare is here

by Jacob Kudzayi Mutisi | 25 June 2019 | 541 Views

ZCTU promises shutdown over US Dollar banning

by Mandla Ndlovu | 25 June 2019 | 2830 Views

Zimbabwe's return to own currency is a brave move - When the governmen...

by Dr Masimba Mavaza | 25 June 2019 | 2174 Views

Khama Billiat smells blood

by Staff Reporter | 25 June 2019 | 1921 Views

Obert Mpofu calls an urgent Zanu-PF Politburo meeting - THE Zanu-PF Po...

by Staff reporter | 25 June 2019 | 4828 Views

Mnangagwa endorses the Zimdollar - President Mnangagwa has endorsed th...

by Staff reporter | 25 June 2019 | 1133 Views

ZIFA dares Mliswa, Chizuzu - ZIFA have come out guns blazing and dared...

by Staff reporter | 25 June 2019 | 1130 Views

What happens when you send foreign currency to Zimbabwe

by Mandla Ndlovu | 25 June 2019 | 5855 Views

Scrapping US$ as legal tender will 'cushion' against US$ pricing – i...

by Patrick Guramatunhu | 25 June 2019 | 2287 Views

Mnangagwa justifies Zim dollar return

by Staff Reporter | 25 June 2019 | 4540 Views

President Mnangagwa's full address to Zimbabweans

by Emmerson Mnangagwa | 25 June 2019 | 3400 Views

Obert Mpofu appears in court

by Mandla Ndlovu | 25 June 2019 | 10159 Views

Malema threatens to impeach Ramaphosa

by Mandla Ndlovu | 25 June 2019 | 4070 Views

Sick Robert Mugabe in Singapore

by Mandla Ndlovu | 25 June 2019 | 11423 Views

Zimnat and Sanlam continue to assist cyclone victims

by Agency | 25 June 2019 | 471 Views

ZHRO Vigil celebrates World Refugee week

by ZHRO | 25 June 2019 | 171 Views

Beware of ZanuPF's Tricks - One reads "ZanuPF Youths Expel Obert Mpofu...

by Lovejean Ndlovu: Zapu Youth Front Deputy Information Secretary. | 25 June 2019 | 3892 Views

Temba Mliswa wants another Chinese national deported

by Mandla Ndlovu | 25 June 2019 | 2670 Views

SB Moyo and Chiwenga fallout?

by Mandla Ndlovu | 25 June 2019 | 22451 Views

The future of Slot Machines

by Staff Reporter | 25 June 2019 | 1464 Views

'ZANU PF now a threat to the country' says Biti

by Mandla Ndlovu | 25 June 2019 | 8677 Views

Mnangagwa's advisor speaks on US Dollar ban

by Mandla Ndlovu | 25 June 2019 | 18593 Views

ZANU PF officials clash over corruption list

by Mandla Ndlovu | 25 June 2019 | 12098 Views

Chamisa fires 145 party employees who served in Mwonzora's office

by Staff reporter | 25 June 2019 | 5254 Views

NPA in Mawarire treason trial mistake

by Staff reporter | 25 June 2019 | 3303 Views

Shiri pledges land for youths - LANDS, Agriculture, Water, Climate and...

by Staff reporter | 25 June 2019 | 1467 Views


Zimbabwean rapper teams up with top selling American singer

by Staff Reporter | 17 June 2019 | 729 Views

WATCH: Penny Penny song insults Malema

by Mandla Ndlovu | 14 June 2019 | 9776 Views

Mixed feelings over Harare artistes at Econet gig - Econet Wireless' Z...

by Staff reporter | 11 June 2019 | 1012 Views

Low turnout at Sulu's birthday bash

by Simbarashe Sithole | 08 June 2019 | 2210 Views

Ivy Kombo drops 14th album - CELEBRATED United Kingdom-based Zimbabwea...

by Staff reporter | 06 June 2019 | 405 Views

The latest slots online in 2019

by Staff writer | 05 June 2019 | 817 Views

Gospel music taken to another level

by Leonard Koni | 28 May 2019 | 326 Views

Thomas Mapfumo, Winky D to headline Zimfest Live in August

by Tidi Kwidini | 28 May 2019 | 1417 Views