There are many ways to start a shipping business. But, if you’re not familiar with the shipping industry, it can all seem like one big confusing mess. Here are what savvy business owners have done to get their business off the ground, or rolling, as the case may be.
Boats
Buy a boat from a company like NautSNP and start your own shipping business. Transporting others goods via the ocean seems unusual, but it’s a profitable business model.
You’ll need to decide which kind of boats you want to use, how much cargo you want to haul, and all the regulatory stuff, which can seem overwhelming. But, hire a lawyer, invest some dough, and hire a captain, and you’re off to the races.
Of course, you’ll need to do a lot of marketing to get your name out there, and it helps to have a few contacts in the industry. But, usually, when you get a contract, it’s a long-term deal. That’s what makes it such a profitable endeavor. Your first-time clients often become lifelong ones.
Taxi Service
A taxi service works real well. And, despite its initial controversy and claims of unfair competition, some taxi services like Uber and Lyft are changing the way businesses ship products. Uber’s attraction as a small business opportunity is you’re a contractor working on your own schedule. So, you’re not bound by certain traditional taxi rules. To sign up as a driver, you can go to the website and click “Become a Driver” button. A short questionnaire starts the process.
As a driver, you use your own car, so your startup costs are nil. Uber handles all the legal and tax stuff and financial aspects of the ride. Meaning, you don’t even have to sign up for a merchant account. That’s a tremendous savings over starting a traditional taxi business.
And, you can do anything as what amounts to a private courier. That means, you could start a “gopher” business. Go get people’s takeout meals, dry cleaning, and even pick up the kids from school.
Limousine Service
This is a more upscale service, and requires you buy limos and get set up as a legit business. That means getting a merchant account, a business name, and so on. You could provide limo services to regular folks though. Whenever someone is hiring you as a driver, a clean reputation is important. But, it’s especially important as a limo driver. Obviously you need to be super trustworthy and the vehicle needs to be safe and well-maintained. It’s not cheap. So, plan on a large startup budget and ongoing maintenance costs.
Moving Van Business
If you want to help other people move from their apartment into a house, or maybe the other way round, a moving business can be perfect. It’s also relatively easy. You need at least 2 strong people and a van or truck. Maybe both. Your ace card will be you’ll set up and conduct your business professionally. Do you know how many shady movers there are out there? A lot. You can stand out by being the only honest mover in your area.
Startup costs are the vehicle, the moving blankets, and straps. And, of course, you need two bodybuilder types who can lift heavy things. For really large items, you’ll need dollies.
It can be a very expensive business to be in, but it doesn’t have to be. Keep in mind that moving companies compete for both short-travel and interstate moving. Both have different regulations governing them so be sure to check it out.
Specialty Transportation
Want to move and transport unusual things? Let’s say you want to move airplane parts or modular homes. There’s a business idea for you. What about refrigerated perishables, blood, or even human organs? The procurement business is very niche, but pays well.
Depending on where you’re located, you can do this yourself or with minimal employees. You may need a few extra security measures for your vehicle depending on what you’re hauling. In some cases, you will need a specialty truck or vehicle.
Conclusion
Starting a shipping company isn’t always easy, but it can be very lucrative if you’re willing to put in the work. Often, this is what keeps other people out: the work. But, if you’re willing to do what others won’t, you can position yourself as a leader in your niche. And, that is one of the best ways to command any price you want for your services.
