Monday, June 27, 2016

Tips In Starting The Tow Truck Business

By Gary Long


Towing services are one of the most profitable ventures nowadays. But this type of venture requires a great commitment of time and money. It is recommended to spend time in planning the venture and look for effective ways to advertise your towing service. Always remember that once you establish your company, you will spend money in tow trucks and space to get started. Furthermore, you may need to pay for the licensing.

Basically, starting and running the tow truck company can be a huge challenge but operating the company is rewarding. But since you are the boss of your own company, you can do whatever you want. Starting a tow Frisco TX company can surely help the community. But before starting the process, be sure to know and learn about the industry you are in.

Towing companies basically have a variety of clients such as car dealerships, apartment management firms and local government agencies. These companies will remove illegally parked cars and remove cars involved in auto accidents. As you see, starting this venture would require you one tow truck. So once your venture grows and expands, you can purchase more trucks depending on the services you offer.

To get started, make first your business plan. It includes the towing services you provide including the breakdown, post accident, and illegal tows. Moreover, your plan should also include the details on how to finance and run the company. Add the plans for expanding the towing company and the marketing as well.

You have to make sure that the plan includes the description such as the services you will be providing for the clients. Next is to apply for licenses by calling the local towing office. Apart from that, you should also register the name of your organization that will oversee where you plan to run the company. Moreover, buy trucks to start the process.

You can secure some special licenses or permits in operating the organization if this is required by the local state. Call the state office to know whether this is crucial and how to get a license. Other than that, getting an insurance for the organization is also a requirement to keep in mind. You also need auto insurance to cover property damage and injuries caused by the business.

Rent or acquire space for your operation. You need the basic equipment for office purposes and any means of communication. Acquire a phone for office use. This is helpful in making it easier for the customers to reach the office wherever you are. Additionally, you need some spaces to park the trucks and other vehicles of your possession.

Advertise and market the services by posting the ads in newspapers, magazines, fliers, and even social media sites such as Facebook. Call the local car repair shops, car dealers, police department, and even gas stations to let them know your services. They might refer you to their clients. It is also useful to promote such services to companies in the local area.

Hire chauffeurs who have valid licenses and clean driving records. Aside from that, make sure that your drivers are helpful and polite. Hire a dispatcher or a receptionist to take the requests.




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