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      Home LAUNCH Business Ideas Home Products & Services

      Moving Service

      ExpertHub Staff by ExpertHub Staff
      Nov 26, 2009
      in Home Products & Services
      13
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      Business At A Glance

      Moving Service

      Startup Costs: $10,000 – $50,000
      Home Based: Can be operated from home.
      Part Time: Can be operated part-time.
      Online Operation? No

      Business Overview

      Local residential or commercial moving rates are currently in the range of $60 to $90 per hour for two movers and a truck, making this service potentially very profitable, especially if you hire additional movers to handle more work and increase billable hours. Providing clients with additional services and products can also increase revenues and profits. These can include packing and unpacking services, and selling moving supplies such as cardboard boxes, garment boxes, tape, and bubble wrap. The downside to selling moving services is the investment; new trucks and equipment are very costly, and even secondhand trucks and equipment in good condition will set you back thousands. As a result, you need to carefully research the market and plan the business to minimize risk and maximize the potential for success. Additional concerns include liability insurance, workers’ insurance, and a moving and storage license because some municipalities require all moving companies, regardless of size, to be licensed.

      The Market

      Individuals or businesses who need to move from one location to another.

      ExpertHub Staff

      ExpertHub Staff

      ExpertHub’s award-winning team of Staff Writers deliver unique, insightful and curated content from successful business leaders, authors and subject matter experts. This highly-experienced team understands the information that business readers are looking for, what’s unique and impactful, and how to distil key ideas into actionable insights.

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