Do you want to start a courier business? Don’t know where to start? Well, it is never easy to start a new business – especially by people who have no experience or lack of experience in this particular area. There are many things you need to learn about business. It is not a game, and you can never take anything lightly, because even small details will have great effects on your business. If you make the wrong choice you might have to say goodbye to your business but if you are good at it, you could see your business growing bigger in the future.
To get started in the courier business, you need to have vehicle. This is obvious, as you need to have a vehicle to transfer goods for your customers. Bear in mind that the vehicle should not be more than six years of age. Don’t forget to obtain a mobile phone for your driver/s as it is extremely important to keep in touch with them, to ensure that they reach their destinations safely, and to keep track of the time needed to transfer the goods. This is the best way to report back to your customers if they are asking over the whereabouts of their items.
Then after you have obtained your vehicles, you need to make sure you buy vehicle insurance for each and every vehicle you have. This is compulsory – it is the law to have vehicle insurance. Another insurance you need to buy is courier insurance. With courier insurance, your business will have more customers as your reliability and credibility will increase. People trust couriers with insurance as they are well protected should there be an accident during the transporting of their items. Besides, you would not want to get into any trouble, so get vehicle and cheap courier insurance at the same insurance company to make things easier.
The next thing is to get your name out there in the market. How do you promote your courier business? The best way is through word of mouth. This is also the most effective way to get the word about your business around, because if the customers are satisfied with your services, they will recommend them to other people and so more and more people get to learn about your business. Apart from that, getting your business cards printed (so that everyone who comes to your office can have a few of those cards for passing around) is important. You can distribute the business cards when you meet new people as well.
Lastly, you need to decide your delivery rate. This is very important. You cannot charge to high or too low. The price must be right in order to survive in the courier business. If you set the price too high, people might not be interested. However, if you set it too low, you might be losing on your end so you are not earning anything. The best way is to survey the market and check out the average price for courier. Then make adjustments and see what is the lowest price you can offer without hurting your own budget and at the same time earning small profits.