If you’re thinking about starting your own towing company, you should keep reading. The Youtube video “Top 5 things I wish I knew before starting towing: What a mentor would have helped you see first!” explains what you need to know about it so you can make an informed decision. Let’s find out more!
One of the first you should understand before thinking of competing against other towing companies is that getting in the game is very expensive. It also takes a lot of money to keep it running.
The insurance alone costs around $1,350 per month, so that’s something you’ll have to consider when you decide if this is your future path. You also have to know what to charge and never compromise on your prices.
Secondly, you have to be clear on your goals and projection for the towing company. Think about why you want to be in this industry. Sometimes, people don’t know exactly how they’re going to begin or if they’ll have a shop or a yard for their trucks. Some plans will change along the way, and you have to be flexible and open to opportunities. However, you also should have an idea of what could happen.
You can check the rest of the video for more details about towing companies.