Our tips will also help those who are currently in couriers for business but are not wrecking in millions yet. It will help you improve and become a more productive delivery company.
As we know this is one of the business ideas with huge profit potential that can make you millions if you do it the right way by using the right tools and recruiting the best team.
You probably have seen the recent exodus of bikers and riders in the business but failed to ask yourself why so many people are delving into this line.
The answer is very simple. Anywhere you find bees swarming around just know there is some sweet juice inside and in this case that sweet juice isn't honey but something even sweeter.
Wait a minute, is there really something sweeter than honey? Yes, of course, honey is sweet but money is sweeter.
The beauty of courier is that It can be started small with minimal startup capital. Your best bet to get something started with that pocket-friendly capital is to get into this business from the comfort of your home.
No need to spend cut-throat sums of money on equipment; education or experience is a plus but not a compulsory prerequisite. Not to mention countless potential customers that will come at your beckon.
Requirements for starting a courier company
1. To get started, you need the following: Vehicle or bike, dolly, and Phone.
Most people prefer bikes to vehicles when starting off. Fuel efficiency is a major reason for this decision. As we all know, bikes or Motorcycles consume less fuel and reduce overall run-around costs.
2. Your business phone line:
If possible your official phone should be separate from your personal phone. This will help you deal with business-only calls in a more formal way.
This reminds me of a popular slogan by my Business studies teacher of blessed memory "Business is business" as she fondly says at the peak of her voice.
Steps for setting up a delivery company
1. Before setting off to start, make sure to settle all legalities, and obtain all the licenses required.
2. The next step will be to outline the kind of business model you intend to run.
4. Also set aside how much you spend on each target, and how many hours to allocate to work daily.
5. Having a working business plan will keep your expenses low, you'll be working from home, and no need to use bogus amounts in your plan.
7. Very important is to have a budget and work with a definite amount, that way you don't incur losses on spending too much on what will turn in very little or no profit at all.
Losses usually come from spending too much to get the job done in excess of the profit.
8. Decide your charges per customer, and make sure the price is competitive. Don't go too low or too high. For a start consider shorter routes, so you can deliver more, faster, and get better reviews.
Don't forget that a large chunk of your customer base will come from recommendations.
9. If you're unemployed at the moment you can start off the business by employing just yourself and building the business from scratch.
This will reduce your expenses but if your target is to reach more you have to get a few qualified hands to join you. This will include good drivers and delivery riders.
Make sure anyone you're employing can run with your vision and treat clients with the utmost respect. And make sure you treat your employees well.
Token society can be employed to reward staff who distinguish themselves. Also, remember to set up profit goals as you get more hands onboard.
10. Have working insurance for your equipment and set aside money daily for maintaining your delivery vehicle, trucks, motorcycles and other working gadgets subject to wear and tear.
11. The next important step is the reputation of your courier company. Be known for integrity, promptness, and customer satisfaction.
These are the lifeline of any good business, don't joke about it.
Give customers incentives, you can offer free deliveries after every certain number of deliveries. For example, say after using your services five times, you can offer the 6th for free.
Keep a lasting relationship with your customers, and reach out to them after every job to know if they were satisfied or if there are any grey areas that need to be worked on.
13. As you advance in the business, decide on some dead zone that you don't intend to reach, these are areas where the safety of your staff is not guaranteed. Avoid working late nights and deliver in public places, not secluded areas.
14. Lastly, start each day with enthusiasm, and work to deliver the best quality to every client that comes your way, and your business will become a very rewarding venture. That your small courier/delivery business can turn into a great company tomorrow.
1 Comments
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