This is the second part of our towing process series of how to start a successful towing business. We are going to discuss deeper details in the towing industry in order to run your business smoothly and with the proper knowledge. So first of all, what are the steps you should take to start a towing company? When you are ready to start your first towing company, you should consider following these steps to make sure that your company is legal and your money and time are not wasted.
• First Step: Have a Business Plan:
You should have a clear plan about what you are going to do. For example
The initial costs.
Your Target market.
Your Business Name. The name of your business is very critical. Choose a name that is not taken as a web domain and secure it before someone else think of it.
• Second Step: Your Legal Entity:
This is very important in case your security guard company is sued. You won’t be sued personally.
• Third Step: Taxes:
Before opening your business, check for all the state and federal taxes. You should hire an accountant to handle this.
• Fourth Step: Opening a Bank Account for Your Business:
From the very beginning, record all your expenses and to understand and analyze your financial performance. Keep all the records detailed and organized.
• Fifth Step: Obtain All the Necessary Licenses:
Make your business safe by obtaining all the paperwork needed such as licenses and permits in order not to expose your business to be shut down.
• Sixth Step: Obtain a Business Insurance:
Insurance is one of the critical things for all kinds of businesses. It is also obligatory in some states in case you hire employees.
• Seventh Step: Define Your Business:
Ask yourself, what does my company stand for? And how the public should perceive it? You should define your business and your brand in a very competitive way.
• Eights Step: Have an Online Presence:
You should allow your customers to find you online and rate your business. The good feedbacks will help your business to grow faster. Use all kinds of social networks to attract new clients. Now, let’s clarify some points regarding the costs involved in opening your towing business. More 4 towing tips.
The startup costs vary according to how much you are going to pay to purchase a tow truck.
Obtaining all the necessary licenses is also major expenses. Permits like state permit, local permits, and others must be obtained too.
You must purchase insurance. For more information, check our last part of this guide and get ready to start your business.
None loves towing business; that is a fact. Who wants to be the victim of a broken down vehicle on the road. However, accidents happen and they are more common than you may think. You may have a dead battery, flat tire, or an accident. That is why you need to be ready if you never got your vehicle towed before. Finding out that you need to take your vehicle to a mechanic to be diagnosed and fixed is already a hard thing. You need to make sure that your vehicle will not have problems while being moved from the location of the problem to the mechanic. Towing may be kind of overwhelming if you never experienced it before. That is why we wrote these tips for people to avoid first time towing process mistakes.
• Stay As Safe As Possible:
Once your vehicle breaks down, consider the following points in order.
Secure your safety. If you can, try to move your vehicle from the road away from the other vehicles. If you can’t, ask for help. Everyone should stay in the vehicle. Also, turn the hazard lights on.
If it is impossible to move the vehicle, it is essential to turn the hazard lights on to make your car visible to the other cars on the road. If the hazard lights don’t work, try to set flares around your vehicle. Try to stay as secure as possible.
After securing your location, stay in the car and lock its doors especially if you’re alone. When someone approaches, speak to him/her through a partially opened window.
• Prepare All the Paperwork That Might Be Needed:
Once you make sure that everything is secured, you should start thinking about what are you going to do. If you’re well-prepared, this whole process might take a few minutes.
The first thing you should start thinking of is your insurance. Many insurance companies already deal with roadside assistance companies. Nowadays, it is even much easier. You can check all the information you need on the website of your
insurance company or app. Make sure to check this information before going on the road; they may save you a lot of time and money.
If this information isn’t available, it is time to make copies of all the paperwork you have and leave copies in your vehicle. Make sure you have the customer service number and that they are available 24/7.
Make a call and ask if you have coverage for towing services and roadside assistance.
If you don’t have coverage for towing services, ask your insurance companies for recommendations about the best towing-maintenance companies they work with. This saves you a lot of time and effort in trying to explain what happened. The cooperation between the towing company and your insurance will speed up everything. Make sure to read our second part of how to get ready for your first towing tips and drive safely.
We work in the first towing industry. However, we don’t like towing and we understand the feelings of our customers when they call us asking for help. This is one of the main factors making us a great towing company in the first place. We also know how relieving it is to see the tow truck approaching when you’re on the side of the road with a non-functional car. It is also important to be prepared for all situations. That is why you should keep these tips in your mind in case you needed towing business services.
1. Choose the Best Towing Companies in Your Neighborhood:
This is one of the most important tips due to the following reasons. • You may be stranded in an area without enough cell service and/or data. • If you can enroll in a towing services program, it would be great. You may also look for the best towing services covering your whole driving area. • Hire towing service working 24/7 and during holidays too.
2. Provide the Operator with Your Exact Location:
Once you need a tow, your location becomes a very precious piece of information. • Look for landmarks and other road signs while driving especially if you’re driving in an isolated area. • We live in the era of smartphones. Provide your towing company with your exact location using Google maps or save the area offline if you don’t have an internet connection.
3. When Do You Need A Tow?
There are many situations where your vehicle may not require calling a towing service. For example, if you crashed into a wild animal and there were no damages to your vehicle, you don’t need towing process . However, you need to call for help for the poor animal. Other situations require towing such as collisions. You should not try to drive if the vehicle can’t make it. Also, towing save you. You won’t be in danger when you let professionals handle your vehicle. Things like a tire with low pressure or leaking fluids are dangerous and require towing.
4. Make Calls While Waiting for The Towing Services:
While waiting for the towing services, make some phone calls. Call law enforcement and your insurance company. Also, call your family and tell them you’re okay. The waiting time depends on how many tow trucks the towing company has. The bigger the company is, the better the service will be. Most companies take about 15 to 45 minutes to reach according to your location and their availability. Make sure to hire the best towing company for your needs.