Steps to Start Motorcycle Towing Company
Looking for a good business? If your area has a high concentration of motorcycle owners, then a motorcycle towing business might be ideal for you. This is because motorcycles are bound to get into an accident or mishap one time or another, and this would necessitate the use of motorcycle towing services like yours.
A motorcycle towing business is quite an important service needed by motorists anywhere.
That is because people cannot predict when and where their vehicles will suddenly quit on them, and stop running. In this case, they need someone to bring their motorcycles to the nearest shop and have it fixed. In this case, it is a motorcycle business that will do that job for them. As a businessman, that is where you earn your dough.
It is quite easy to start a motorcycle business. All you have to do is have the necessary equipment and other requirements, and you’re all set.
Find Office Space
The first thing you need is office space. Without your office, you wouldn’t be able to establish your presence to your neighborhood. You also need your office to be able to transact formally with your clients and keep the necessary records.
On the alternative, even if your business is home-based, you still need a workshop if you are planning on fixing motorcycles after towing them. You also need space in order to park your towing vehicles and keep them safe.
Prepare the Equipment
Of course, in order to be able to tow motorcycles and get them out of a tight spot, you would need some of the basic towing equipment. Here are some of them:
- Motorcycle loader
This type of towing equipment is designed for the safe loading of a motorcycle onto the flatbed. Most motorcycle loaders are made with locking mechanisms which provides secure support for the motorcycle being towed. This equipment can cost at least US$300.
- Handlebar straps
This is designed to support the motorcycle’s handlebars and keep them secured unto the flatbed and keep them from rotating during transit. Handlebar straps cost at least $8 for every pair sold.
- Motorcycle Wheel Chock
As its name suggests, the chock stops the wheels from moving while the bike is being transported. This is ideal and comes in handy when the owner wants the bike transported in an upright position. Each wheel chock generally costs at least US$50 each.
- Towing truck
This is the most important equipment of all. Without a towing truck, you won’t be able to tow and transport motorcycles. Prices vary for each truck, and would depend on model and gross weight.
Avail of Business Insurance
Last but not the least is insurance. Claims are quite inevitable, especially if you inadvertently damage – even slightly – your customer’s motorcycles, you can face a lawsuit for compensation. Insurance will make sure you don’t pay for it out of your own pocket. This is good if you want to protect yourself from losses.
- Franchise Opportunities
- Wholesale Business Opportunities
- Small Manufacturing Business
- Farming Business Ideas
- Unique Business Opportunities
- Shop Business Ideas
- Small Business Opportunities
- Startup Company Ideas
- Home Based Business Opportunity
- Rural Business Opportunities
- Tips for Buying and Selling
- Starting Rental Business
- Ideas for Small Business
- Free Business Ideas
- Internet Business Ideas
- Store Business Opportunities
- Entrepreneur Business Idea
- Retail Store Ideas
- Service Business Ideas
- Advice for Small Business
- Financing a Small Business
- Restaurant Business Opportunities
- Small Business Articles
- Business Marketing and Advertising
- Repair Business Opportunity
- Professional Career Opportunities
- Business Insurance Information
- Instructor Guides