The
trucking/transport industry is a promising business venture, seeing
as its demand essentially grows in proportion to the advancement of a
particular community or city. Indeed, the more progressive a place
is, the more it needs to have materials and merchandise hauled away
to a new location to be sold and distributed. Here are some things
you need to know if you want to engage in this business:
First, you have to
know what type of trucking operation you want to run. A
sub-contracted system means giving out jobs to drivers not of your
employ. This helps you cut down on start-up costs, but you have
little to no control over your drivers. A privately-owned business,
on the other hand, gives you total control over your operations, but
will need more start-up capital.
Next, find out all
the necessary requirements, certifications, and other documents to
officially and legally start your business. For instance, you need to
know about the Federal Motor Carrier Authority number, as well as the
International Fuel Tax Agreement Decal and the Heavy Use Tax form.
Such documents are required for you to comply with regulations
referring to the heavy use of national roads.
You'll also need
to invest in the right equipment before you hope to begin your
transport business, especially if you will employ your own drivers.
Look into different types of trucks to perform various jobs, like
flatbeds for oversized transports or a refrigerated one for
transporting food and other frozen items.
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