Breaking News

How to start your own profitable trucking business

by Staff Writer
25 April 2019 | 34072 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 gpswox.com/en/starting-white-label-gps-tracking-business-how-to-begin 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 https://www.gpswox.com/en/starting-white-label-gps-tracking-business-how-to-begin 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

Comments

Latest News

Coltart still detained

by Mandla Ndlovu | 24 August 2019 | 1 Views

Sick General Chiwenga returns home?

by Mandla Ndlovu | 24 August 2019 | 1 Views

Zimbabweans ignorant - Trevor Ncube

by Staff Reporter | 24 August 2019 | 1 Views

Chamisa visits jailed Chief Ndiweni

by Ndou Paul | 24 August 2019 | 1 Views

'God is not happy with Mnangagwa' Chiwenga says

by Mandla Ndlovu | 24 August 2019 | 1 Views

'Chief Ndiweni could be poisoned in prison'

by newzimbabwe | 24 August 2019 | 12 Views

Pastor 'expels' congregant for not tithing? - A REVEREND with Church o...

by Staff reporter | 24 August 2019 | 14 Views

Businessman sleeps with own mother to boost wealth - A businessman fro...

by Staff reporter | 24 August 2019 | 9 Views

Afcon renegades blacklisted

by Staff reporter | 24 August 2019 | 4 Views

Tenant locks landlord out of house - A Bulawayo woman regrets offering...

by Staff reporter | 24 August 2019 | 6 Views

Woman miscarries after being kicked over $1,50 - A THREE months pregna...

by Staff reporter | 24 August 2019 | 4 Views

Policeman flees to a toilet for safety - In a dramatic incident a poli...

by Staff reporter | 24 August 2019 | 4 Views

Children accuse mother of witchcraft

by Staff reporter | 24 August 2019 | 16 Views

Woman threatens to kill ex-lover's pregnant wife - There was drama in ...

by Staff reporter | 24 August 2019 | 5 Views

Police crush teachers' demo - POLICE yesterday ruthlessly crushed a de...

by Staff reporter | 24 August 2019 | 12 Views

Illicit brew kills one, 3 hospitalised - One person died at St Alberts...

by Staff reporter | 24 August 2019 | 4 Views

Mnangagwa urges farmers to adopt new technology - President Emmerson M...

by Staff reporter | 24 August 2019 | 5 Views

Mudenda's Gukurahundi remarks ignite storm - A PROPOSAL by Speaker of ...

by Staff reporter | 24 August 2019 | 1 Views

Kazembe Kazembe fights for his party position

by Staff reporter | 24 August 2019 | 1 Views

Chamisa ally to spend weekend in remand prison

by Staff reporter | 24 August 2019 | 4 Views

Man (32) subjects woman (61) to bizarre 'rape ordeal' - A 32-YEAR-OLD ...

by Staff reporter | 24 August 2019 | 13 Views

Zanu-PF Masvingo seeks Zivhu expulsion

by Staff reporter | 24 August 2019 | 1 Views

Technical faults at Hwange cause for prolonged load shedding

by Staff reporter | 24 August 2019 | 6 Views

Econet closes shop in 13 countries - BILLIONAIRE and Zimbabwe's teleco...

by Staff reporter | 24 August 2019 | 5 Views

Kambarami didn't have powers to suspend Town clerk, says High Court

by Staff reporter | 24 August 2019 | 3 Views

Zimbabwe hit by birth control pills shortage - ZIMBABWE is facing a co...

by Staff reporter | 24 August 2019 | 5 Views

BCC disconnects water supplies to defaulting rate payers - BULAWAYO Ci...

by Staff reporter | 24 August 2019 | 1 Views

Entertainment

Top 5 PS2 ISOS to play with friends you can get right now

by Staff Writer | 21 August 2019 | 145 Views

Rebecca Malope retires

by Mandla Ndlovu | 20 August 2019 | 5845 Views

Zimfest delivers another 'phenomenal' festival

by Tidi Kwidini | 07 August 2019 | 640 Views

Should you be betting on reality TV show outcome too?

by Staff Writer | 05 August 2019 | 95 Views

WATCH: Jah Prayzah featuring Iyasa Sadza nemuriwo song

by Mandla Ndlovu | 23 July 2019 | 5732 Views

Muvhango star Marang Phala visits Prophet Sovi's church

by Mandla Ndlovu | 22 July 2019 | 9660 Views

Pure Black set to take Africa by storm

by Mandla Ndlovu | 04 July 2019 | 1004 Views