If you are like most people today, you have likely been scouring the Internet looking for ways to supplement your income. COVID has everyone hurting financially, but this doesn’t mean that you have to sit back and watch your hard-earned savings dwindle away. Just the fact that you are looking puts you one step ahead of a lot of people. The only problem is, with COVID out there, there are currently limited business opportunities. Despite what you might think, the moving industry could be one of the best ways to supplement your income today. Want to know why?
Given that COVID has a lot of people cutting back, people from all around are looking to minimize and limit their spending habits. One way they are doing this is by relocating to smaller houses or apartments. Heck, some people are heading to entirely different states in search of financial refuge. Whatever the situation is, this is exactly where your moving services could come in handy. Just look at the numbers and you’ll see that people are cutting back in all types of areas. People are cutting back on their phones, they are cutting their gym memberships, and they are cutting back on TV subscriptions. However, they are not cutting back on moving services.
These numbers in this industry are still rising, as more and more people are relocating today. Simply put, this is one area that has been untouched by COVID.
Starting a business is never easy. And, a lot of this has to do with the overhead costs. There are always tons of overhead costs on equipment and fancy storefronts. While you will still need some equipment in the moving industry, it will be minimal. The biggest thing will be the truck. This is something that you could even rent at an hourly rate until you accrue enough money to invest. You might even have a buddy that owns a truck or flatbed. Get him involved and you’ll not only have the equipment you need, but you’ll have an extra hand or reliable business partner.
If there is one thing that most Houston local movers will tell you today it is, you won’t have a problem finding employees right now. Although you might want to own and operate your own business, moving is something that’s hard to do alone. It usually takes at least two people to move a small end table because of the awkward styles and designs. Whatever the situation, you’ll also get more done with more people. You’ll be able to take on more while making more money in the process. Given that most people are hurting financially today, you won’t have a problem finding additional employees.
As was mentioned above, you might even be able to find employees with trucks and flatbeds. This will eliminate some of your overhead or start-up costs.
One might not believe it, but to legally start a moving business, you don’t need all that much paperwork. You really just need a business license and the right insurance policies. Heck, you can even likely getaway without the business license, but the insurance is without a doubt pertinent. Without a good insurance policy, you could end up getting sued, which is likely the last thing you need or want these days. Insurance will not only protect you, but it will protect everyone involved.
The right policies will protect in the event that property is damaged, a customer ends up harmed, or your employees get hurt on the job, which is always a real cause for concern in the moving industry.
While there are a lot of businesses that highly depend on advertising, moving won’t be one of them. Especially not in today’s much-needed world. As was mentioned, people from all over are relocating and moving for financial gain. Moving companies are needed now more than ever. While you’ll want to advertise, you won’t have to worry about spending an arm and leg to do so. Just a couple of good jobs and the spread of word of mouth will likely carry you further than you’d imagine. However, if you do want to stand out and get ahead of the competition, you’ll take advantage of online advertising via social media.