Whenever you decide to begin your own business, you are faced with a variety of emotions. It’s normal to feel excitement, fear, nervousness and apprehension. Making that first decision to break free into the world of entrepreneurship is invigorating and often times somewhat overwhelming. Once you can push through these emotions however, approaching your new business with a clear mind is extremely important.
Setting up the Accounting
For those who would rather produce rather than create a paper trail, the most mundane part is usually the bookkeeping. Tracking money in (accounts receivable) and tracking money out (accounts payable) will be a lifelong process of any business with the goal to acquire more money in than out and of course, this is the point of owning your business and one you likely want to monitor carefully.
Long before your company ever acquires its first customer, you will be putting entries into its ledger for accounts payable. Start up costs will likely be your first expense and in the case of starting a moving business these purchases can include supplies to track accounting whether you do it personally on a computer, in paper and pen with a ledger, or with the services of an accountant your company hired.
Spreading the Word About Your Business
Advertising and marketing will also be a vital necessity because the company will need to establish a customer base to market its services. You need to put money in to see the results since a business isn’t successful without a base of customers who will pay the company for its services or product – that’s profit. As the owner of a business, the company’s profit will be the source of your revenue as well. Fortunately with the widespread accessibility of the Internet, there are many ways you can advertise without spending money. BackPage.com and Craigslist.org are two of the most well know platforms.
Finding a Truck
Purchasing a truck that is right for the business requires some thought as to what you will be hauling. Load bearing capacity, ease of maneuvering, gas mileage, durability and efficiency are some of the most important qualities to consider. Of all the decisions made, the truck purchase will prove to be one of the most vital. So make sure when you purchase your truck or trucks, that you purchase the best your resources can sustain because it will provide your company the basis of its operations. One great place to begin your search is at a used truck dealer.
Don’t neglect the other important considerations in your dream of starting up your new business, but make sure you get the best truck for your buck. The moving company’s truck will take it far so purchase it wisely!
Janice Robertson is an entrepreneur and contributing freelance writer for truckertotrucker.com.