Trucking is a great career for many people who love the open road and don’t mind traveling and hauling heavy trailers for hundreds of miles every day. You should also be prepared for driving long distances at night, or under the rain and other challenging weather conditions. In some instances you also need basic people skills as you may be required to talk to people who are there to receive your deliveries.
It’s not a job that everyone can do; truckers have the discipline and driving capability to keep their job for years. When truckers get too old or too tired of doing this for years for someone else, it is only natural for them to wish they had their own trucking business. Many truckers do attempt to start out on their own, but few succeed because the industry is highly competitive and most truckers may be great at their job but not very good at handling the business side of it.
If you know what you’re doing, however, you might just be able to start, maintain, and eventually earn more from a trucking business of your own. You can even start this business from home. Here’s some advice.
You may need some help putting together a business plan, so don’t hesitate to ask a friend or family member who knows a thing or two about doing business plans. This plan is your guide as you build your business; it will help you remember what goals you have, what kind of services you would like to offer, and how much you are looking to earn within a specific timeframe. Short and long term goals apply here too.
Insure your business! This is a critical step you cannot do business without. Your truck will also need insurance, and so will the loads you’ll be transporting. You don’t want to pay out of pocket in case something is damaged or lost. As for dealing with the laws of the road, Mt. Nebo Law says make sure you have a reliable CDL attorney to help you handle traffic violations and similar cases. Driving a semi is not exactly free from the possibility of violations through time.
Register your company as an LLC, or a Limited Liability Company. It’s an easier business model to follow because it’s not as formal as others. This means filing articles or organization and paying a small fee.
These are the first and most basic steps in setting up your own trucking business. When you are all good and ready, talk to companies that may have a need for your services. If you play your cards right, you may never have to truck for anyone else but yourself ever again.