If you want to start your own business, a moving company can be a profitable option. Over the past several years, there have been significant changes in the real estate market. No matter whether the market is up, or foreclosures abound, people move and relocate every day. Your moving company can be as small as a home-based office and one or two trucks, or can grow to have a fleet of trucks and a business model that offers specialized services such as storage or vehicle transport. No matter your goal, the State of Georgia has specific requirements that you must follow in order to start your moving company.
Visit the Georgia Secretary of State's website to register your new business. You will need to fill out a registration application and pay a $100 fee to register your business. This can be done online, and is a necessary requirement to operate a business of any kind in Georgia.
File an application for Class B Household Goods Authority (form TR0006) through the Public Service Commission (PSC) of Georgia. The PSC requires all companies that plan to transport items from one household to another to fill out the form and gain certification. The registration process takes about 6 to 8 weeks. You will also need to submit form IR-1 to attain a vehicle registration stamp.
Determine the structure and size of your moving company. If you plan to drive the moving truck, you will need to obtain your commercial driver's license. If you plan to hire drivers, you'll need to ensure they are licensed. Creating a business plan can help you work out the details to understand what kind of operating income you'll need to cover your expenses. It will also allow you to determine how many people you may need to hire to satisfy your potential customer base.
Insure your business through a company that specializes in insuring moving companies. This will protect you and your customers in the event that your company damages a customer's goods during a move.
Purchase equipment and supplies to run your business. You can either buy or lease a commercial truck to transport your client's goods. You will also need to purchase furniture pads, dollies, rope and boxes, as well as tape, bubble wrap, packing paper and other incidentals for your business. Work with suppliers that offer you wholesale or discount prices, and only buy what you need to get started.
Market your business. Now that you have all the licenses, materials and supplies, you are ready to promote your business and build a customer base. Market your company to real estate professionals and condo buildings where you can get referrals for your business. Offer discounts and incentives for first-time customers to attract people to use your services.
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