Starting your own business is a dream for many people around the world. The idea of calling all the shots and having your brilliant ideas come to life is really incredible. However, all business owners will tell you that this is a challenging lifestyle which suits some people well, but leaves others feeling extremely overwhelmed and overworked.
During the COVID-19 pandemic, most of us relied on delivery companies to get through the quarantine. Whether it’s the giants like Amazon or smaller, local delivery services, this type of business is an essential staple of contemporary life. If you are looking to start a business in 2020 or 2021, you might be considering a delivery business as a viable option which can kickstart your road to success. Here are three things to know before starting your own delivery business!
1. The Costs
One of the biggest attractions to a delivery-based business is that you do not need a storefront or physical floor space for customers to visit. Owning a haulage company will necessitate some kind of space for your office workers and vehicles, but this space need not be fancy, expensive or based in a highly priced area. This will save you a lot of money when setting up your business.
On the other hand, there are some costs which are greater than that of a store-based business. For example, either you or your employees themselves will need to own, insure, run and maintain delivery vehicles. This can be highly expensive, particularly when it comes to large vehicles such as HGV trucks. Truck insurance is very costly, understandably, and can eat into your business’ budget quite easily.
Safety in the workplace is highly important for any business. But as a remotely operated business, your trust in your employees will need to be of the highest degree. Ensuring your delivery drivers and loaders are operating safely, treating your customers well and delivering the services they are paid for with one hundred percent dedication is much more difficult when you are not working alongside them or overseeing them.
In order to maintain safety for your drivers and products, as a delivery company you will need to take out extensive insurance. Not only this, but you will need to recruit delivery drivers who have all their certificates and qualifications to safely operate large trucks; if they do not have up to date qualifications, you may have to pay for extra training.
3. The Perks
It’s not all bad! Running a delivery business comes with many upsides, such as:
- Remote working. If you operate your business, closing deals, recruiting drivers and sorting your office admin, you can do this from home. Many business owners are constantly on the go – if that’s not for you, running a remote business could be for you.
- You’ll always be needed. In our increasingly convenient society, delivery services are in increasing demand. This kind of business will never go out of fashion and will never stop being essential!