The Ultimate Guide on How to Start a Moving Business

Introduction

Modern families move more frequently than those of just a few decades ago. Most people no longer can expect to stay with the same employer for most of their adulthood. Similarly, many people embark on two or more careers during their working years. As a result of the current employment landscape, people often must move every time they take a new job. Meanwhile, people from disparate geographic regions comprise a growing number of households, setting the stage for even more mobility.

Data from the Canadian Association of Movers (CAM) shows that more than four million Canadians moved in 2015, a number that amounts to almost 15 percent of the total population. Regardless of whether those people moved to another section of the same city or to another province or nation, every one of them needed to move their possessions from one place to another. As a result of the high demand for moving services, the moving industry has become more profitable and competitive than it has ever been before. Entering the industry requires diligent research and planning because success is not guaranteed.

"Moving Apartment" by Micky Aldridge on Flickr, licensed under CC BY 2.0.

Starting a moving business involves a commitment to supply a growing market with excellent services in ways that can successfully compete with established firms. In exchange for the challenge of creating a moving startup, you can enjoy numerous benefits, including the following:

  • Low initial costs. You can start a moving industry with a smaller investment than that required by many other startups.
  • Simplicity. A basic moving company needs only a vehicle, insurance, packing materials and you.
  • Profits. As long as you minimize expenses and do good work, you can earn a large profit.
  • Social. In the moving business, you get to meet many people from many diverse backgrounds. As a result, you can find your work rich and fulfilling as you get to build new relationships.
  • Freedom. As the owner of a moving business, you are in control of your own schedule. The strong demand for your services means that you can work as much or as little as you want to work.

Your new venture requires that you make a strong commitment and have realistic expectations. As is the case with any startup, you have no guarantee of success. Still, if you follow the detailed step-by-step approach that this guide presents, you can avoid many of the common challenges that bring the dreams of many business owners to a premature end. Apply the information presented in every chapter to build a solid foundation for your success.