Starting a small freight hauling business can be complicated to implement. There are many licensing, registration and insurance issues to tackle before getting trucks on the road. However, once those aspects have been covered, owning your own frieght hauling business can be very profitable. Trucking is essential in moving food and consumer goods all across North America, and that won’t be changing anytime soon.
Create a business plan to help point you in the right direction. It will give you an overview of every aspect of your business.
Acquire trucks. Determine how many trucks you will be starting with, and purchase or lease what you need. You may want to hire owner operators at the beginning to avoid these expenses.
Obtain all of the licenses, permits and registrations you will need to run your business. Be thorough to ensure you keep your trucks running without any delays.
Market your business. Use any contacts you may have in the trucking industry, advertise in trade publications, and attend trade shows and conferences. Offer lower rates than your competitors at first to build up a client base.