If you have been looking for a business that can combine your love of driving, organization, and doing something for yourself, a trucking business might be the one for you. 

When you head down the motorway, you’ll see countless trucks. And some of the world’s wealthiest business owners own trucking companies. 

You might not be in a position to buy multiple trucks, but even one or two can be the start of your empire. And, it is worth keeping in mind that you don’t need to buy new; you can buy used skeletal trailers and cabs. 

So how can you start a trucking business? 

Business plan

No matter what type of business you want to launch, you will need a business plan. But when it comes to trucking, you are going to have to dig into the industry. A business plan, in this case, will help you start on track – and give potential investors the information they need to make informed decisions. 

 

You’ll also need to plan for which type of business entity you want to use. For solo ventures, an LLC is ideal; if you plan on running your business with a partner, then an LLP (limited liability partnership) will work. 

Insurances

You will need a range of insurances, permits, and licenses to operate legally. 

Before purchasing any insurance, it is good to speak to a trucking insurance specialist. 

Trucks

Your trucks will be a significant investment for you (apart from where they will be stored, like a yard or warehouse). So you need to think about what is most important to you. 

Here are a couple of things to consider: 

  • Weather resistance
  • Weight limit
  • Used or new
  • Regional, national, or international deliveries
  • Comfort
  • Price 
  • Cab style 

Getting funded

If you can cover all of the purchases yourself, you won’t be too focused or worried about funding. If you need to be funded to get your business off the ground, you have plenty of options. 

Commercial trucking financing options, you’ll get what you need to fund your start-up, and you’ll repay over time. Your trucks will be used as collateral, though. 

Small business loans can be beneficial and often have lower interest rates and advantageous repayment terms. Small business loans are difficult to get, though, and you’ll need all of your paperwork in order and some of your own cash ready too. 

Inventors are a possibility if your company looks like it might see a good profit and is a safe bet for investors’ money. 

Marketing

B2B marketing isn’t like B2C, and you’ll need to become efficient in spending a marketing budget to hook in new clients. 

All businesses are looking for the bottom line, and you’ll need to make sure that you have built a strong audience profile and understand how the B2B buyer journey looks compared to the B2C (which more people are familiar with). 

A trucking company has a lot of potential and the opportunity to turn a single truck into a fleet. 

You can learn more about the trends in 2019 and the basics for much of the B2B content marketing you’ll be doing here: Infographic: The Hottest B2B Content Marketing Trends and Statistics in 2019 – Welcome To Cyber Geek Girl