Starting any business involves a lot of time, money, and planning…
The first stages of starting a company should be comprised of research and planning.
Once the details are in order, the second stage is primarily about money. The start-up capital of a business particular to transportation can run at approximately $300,000. Got a large trust fund? Most of us don’t and it’s up to the bank in determining the credit line. If you don’t want to go into a business alone, then the possibility of investors or partners are also an option.
The third stage, assuming the company made it past stage two, is operations. Having the necessary office supplies and software are essential in operating smoothly, so set yourself up for success!
Now that the company is officially ready, the most important stage of all is stage four, CLIENT RELATIONSHIPS! If there are no clients there is no business… period! Treat the relationships already obtained with care, and constantly build new clients. It’s in stage four that most companies fail. Business owners will break their backs to get off the ground and assume the clients will come, or think they have done enough in stages 1-3. Stage four is never achieved, it has to be constant and that’s why hiring a marketing professional is essential.
Interested in the transportation business but don’t have all the time to research or think you can’t afford it? Consider starting a BlueGrace Logistics Franchise. It costs a fraction of the average transportation business, offers brand recognition to new clients and the opportunity to enhance your relationship with existing ones. With BlueGrace franchise, most of the hard work is already done and as the owner you simply need to focus on stage four and build on your client relationships!