6 Things You Need To Know Before Starting a Courier Service Business

Start Your Own Courier Service

A courier business is a great way to make good money, while enjoying the benefits of being your own boss. There are several things you do need to know before you get started. Here are the six most important:

1. Legal decisions

In setting up your courier business, there are some legal things you need to decide. First of all, what is your legal structure? Is your business a sole proprietorship, partnership or limited liability company (LLC)? Next you’ll need to license your business with your state. You’ll also need to get a federal tax identification number. It might sound a lot, but it’s really not. Don’t let these legal decisions scare you. Just take care of them, and you’ll be on your way.

2. Insurance

You’ll also need some insurance. Some states require a special kind of auto insurance if you use your vehicle for commercial purposes. You should also look into business liability insurance. You want to be protected in the event of a lawsuit or claim. Again, don’t let this stress you out or scare you away. Just take care of it, and you’ll be on your way.

3. Reliable vehicle

You simply must have a reliable vehicle, or else you’re going to run into a lot of problems. You don’t have to have a semi-truck or a large van to be a success, but you do need a car, pickup truck or van that can get you to and from places with no problems.

4. What you can get paid

You want to charge reasonable rates. Rates that make your customers happy, and can also bring you the profits you deserve. Don’t set your rates too low, but of course don’t set them too high. The national average for couriers is $36 an hour. Most couriers charge by each job, instead of an hourly charge. Find what works for you. You can always adjust your rates if circumstances change.

5. You will have to work hard

Starting your own business is great! It’s the best way to avoid the 9 to 5 rat race. Finally you get to be in charge. But still, you will have to work hard. You won’t have to work long hours to be a success, but running your own business isn’t a piece of cake either. Don’t worry, you can do it. If you work hard, you will be a success before you know it.

6. Don’t be afraid of complaints

You certainly don’t want your courier service business to generate complaints, but use them as a way to improve your business. Check in with your customers on a regular basis. Find out what you’re doing well, and what you’re not doing well. Encourage them to be honest with you. Don’t become defensive or start an argument if they have a complaint. Instead, say you’re sorry, and then work towards fixing the problem. If you make an effort to fix the problem, the customer will be more than likely to give you a second chance.

These are six things you need to know before starting a courier business. Don’t let them scare you away. If anything, they should motivate you to be a success. You can do it too. Work hard and before long, your courier service business will be the one to call. To learn more, read How to Start a Courier Business.