Saturday, June 25, 2016

Tips In Starting The Tow Truck Business

By Gary Long


A towing service is one of the most rewarding and profitable ventures as of this day. But this kind of venture needs a lot of commitment of money and time. You should spend more time in planning and look for efficient ways to promote your towing service. Likewise, you should spend dollars in commercial space and tow trucks to start running the business. Moreover, paying for the licensing is imperative.

As you see, starting and managing a tow truck business can be a great challenge but running your own company can be quite rewarding. After all, you are the boss of your company. Thus, you can do everything you want. Depending on the needs of your community, a tow Frisco TX business can be a profitable one. But before you start everything, make sure to understand what industry you are entering.

Most of these towing companies have a variety of customers such as local government companies and car dealerships. These organizations will often remove illegally parked vehicles and remove trucks in auto accidents. Basically, starting a business like this will require you a tow truck. Once your organization expands, you are able to buy more trucks.

To start the operation, it is important to make the business plan first. This would include the kinds of towing you can give which include the breakdown and illegal tows. Furthermore, the plan will include the information and details on how you would finance and run the organization. Add these plans for the growth of your business.

Be sure to write all the descriptions which include the kind of service you need to offer your clients and customers. Aside from that, you also need to apply for a license by calling the towing department in your local area. Register your business name with the office that oversees where you are going to operate and run such service. Moreover, you have to purchase trucks to run it.

Secure special permits and licenses to operate the organization if by chance mandated by the state. Contact the state office to determine whether it would be important and ways to apply one. On the other hand, obtaining insurance for the company is another requirement to consider. You need an auto and liability coverage plan to cover possible injuries or property damage during the operation.

Buy or rent space for the operation. You need some basic equipment intended for offices and communication equipment.. Buy a phone and other means of communication for your office for the clients to reach your office wherever you are. Moreover, you also need a space to park the trucks and other vehicles.

Promote the services by printing ads in telephone directories, fliers, and newspapers. Contact your car dealers, car repair shops, gas stations, and even the police offices to spread awareness about what you offer. They could refer you to their customers. Most of the radio ads can also help you get more attention for the venture. It is also beneficial to market your services to businesses in your community. You can attend some networking functions and trade shows.

You should hire drivers and other workers based on their background and referrals. Hire only those who have active licenses and of course, a clean driving record. In addition to that, be sure that drivers are polite to your customers. You could also hire a receptionist or dispatcher to take all tow requests and other requirements.




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